XRP (XRP) Daily Market Analysis 12 June 2026

XRP is at a crossroads with enterprise growth and network upgrades clashing against weak price action and lowered analyst targets. • Ripple expanded its Bitso partnership on 11 June to integrate MXNB stablecoin on XRP Ledger for U.S.–Mexico corridor payments • XRP recovered to $1.1395 on 12 June (+3.98% 24h) after losing $1.13 support, but remains 22% down over 30 days • U.S. XRP spot ETFs saw $1.1945M net inflow on 10 June, with cumulative inflows reaching $1.434B since launch • XRP Ledger 3.2.0 upgrade scheduled for 15 June promises up to 40% memory reduction and rebranding to "xrpld" • Standard Chartered slashed its 2026 XRP price target to $2.80 from $8.00, reflecting cautious near-term sentiment