XRP's 11-Day ETF Inflow Streak Tests Resistance at $1.40

XRP rose 1.5% to about $1.37, rebounding from a $1.31 low, supported by persistent ETF inflows and a Bank for International Settlements (BIS) proof-of-concept test on the XRP Ledger. The BIS published a working paper on September 2 describing tests using XRPL to cryptographically verify official statistical datasets, with on-chain fingerprints enabling verification of publisher identity and data integrity. US spot XRP ETFs recorded their 11th consecutive day of net inflows on September 1, adding $14.38 million and bringing cumulative inflows to roughly $1.68 billion since November. XRP has returned to a significant on-chain demand zone between $1.31 and $1.38, where over 4.8 billion XRP were previously acquired. A breakout above $1.38 could target resistance near $1.60, while Ripple's re-locking of 700 million of 1 billion unlocked XRP on September 1 has eased supply concerns.