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Ripple CTO Emeritus and XRP Ledger chief architect David Schwartz has revealed the operational metrics of his private hub — essentially a major relay server through which other network nodes communicate.
The telemetry covers the period from August 25 to September 8, and validators' interest in it is no coincidence: this is one of XRPL's key nodes. The Ripple veteran's verdict is that the system has fully recovered from the recent crisis and is operating with rock-solid stability, or, as Schwartz himself put it, "Rock Solid."
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For the ecosystem, this publication is more than just a set of dry charts — it is a long-awaited seal of approval. Just over a month ago, on July 31, the XRPL network suffered a serious infrastructure crisis.
How one spam attack nearly overloaded the XRP network and why its creator had to personally prove that everything had been fixedAnonymous attackers launched a so-called "manifest storm." A manifest is the digital credential of a validator node, and the attackers flooded the network with thousands of fake credentials, forcing nodes to spend resources processing garbage.
At the time, Schwartz's hub suffered widespread connection failures with an onReadMessage error directly at the agreement stage — the point at which nodes compare the state of the ledger with one another. However, block finalization and consensus itself were not interrupted for even a minute, and the incident was resolved through emergency engineering intervention without shutting down the network.
XRPL Hub Server peer latency metrics from August 25 to September 8, 2026, Source: David SchwartzDevelopers had to rush out the xrpld 3.2.1 hotfix. It limited manifest sizes and reworked data caching for unknown nodes so that the system would no longer waste resources on suspicious participants. A month later, Schwartz presented the first results of the patch under real-world conditions.
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The latest charts prove that the consequences of the attack have been completely eliminated. The hub reliably maintains around 400 simultaneous connections, peaking at 423, including 135 inbound and 271 outbound connections. Latency — the response time between nodes — fell to 165 milliseconds.
The only anomaly was a one-off spike to 1.49 seconds on September 6, but the algorithms contained it without affecting consensus. Connection drops remained at 84.6 incidents per five-minute interval — a normal background rate rather than a sign of trouble. The malicious activity metric, labeled "Abuse," fell to nearly zero, as the updated protection now filters out almost all garbage traffic.
In essence, this is not a routine uptime report for a single server, but a public audit of the updated xrpld software under real-world load. It confirms that XRPL's infrastructure is ready for long-term, stable operation.
Flare Networks has introduced a new utility for XRP by enabling it to earn yield through vaults, converting it into FXRP. This development allows XRP holders to deploy their assets for earning, expanding its use beyond simple transfer and exchange activity. The introduction of this feature is consistent with an increase in XRP’s utility, potentially influencing its market dynamics positively. As of early September 2026, XRP maintains a price around $1.35 and continues to hold a significant presence in the cryptocurrency market.
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Key Takeaways Flare Networks’ initiative suggests a new utility for XRP, potentially influencing market dynamics positively. The capability to earn yield on XRP through FXRP is consistent with expanding its use in decentralized finance. Market pricing suggests this development could impact XRP’s likelihood of reaching an all-time high by 2026. What to Watch The introduction of FXRP by Flare Networks may influence market sentiment regarding XRP’s price trajectory. Key developments to monitor include any statements from Ripple’s CEO Brad Garlinghouse, or regulatory shifts involving the U.S. SEC. Additionally, indicators such as ETF approvals or significant inflows and outflows in XRP-related markets could play a critical role in shaping XRP’s future price potential. Market participants will likely be attentive to any major announcements from influential financial institutions that could impact XRP’s adoption and usage.
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Term Structure
Contract Odds Δ since publish Volume 24h September 30, 2026 0.9% — — View market → December 31, 2026 5.1% — — View market →
Spotový XRP ETF od Bitwise překonal 500 milionů USD v AUM pouhých devět měsíců po spuštění. I přes prudký pokles ceny XRP fond dál přitahuje čisté přílivy.
Bitwise Asset Management’s spot XRP exchange-traded fund has crossed a notable threshold, reaching more than $500 million in assets under management only nine months after it started trading. The firm shared the update on August 31, 2026, highlighting how quickly the product has drawn capital from investors seeking regulated exposure to XRP.
The fund, which trades under the ticker XRP, began listing on the New York Stock Exchange on November 20, 2025.
At launch it carried a 0.34 percent annual fee, with the sponsor waiving that charge on the first $500 million of assets for the opening month.
That introductory structure helped attract early interest from both retail and institutional buyers who wanted XRP exposure without holding the token directly or managing private keys.
What makes the $500 million mark striking is the backdrop of XRP’s price action.
The token has fallen sharply from levels seen earlier in 2026, yet the fund has continued to gather net inflows.
Those new subscriptions have more than offset the decline in the value of the underlying holdings.
By late August the product held roughly 364.8 million XRP tokens.
Across the broader US spot XRP ETF category, combined assets stood near $1.53 billion, with cumulative inflows exceeding $1.5 billion since the first products appeared.
14 years in, and the ripple:native community continues to be unstoppable.
The Bitwise XRP ETF (XRP) crossed $500,000,000 in AUM—just 9 months after launch.
Grateful for the chance to expand mainstream access to XRP and steward investors’ exposure to the opportunities in this… pic.twitter.com/sgeMDiY5ce
— Bitwise (@Bitwise) August 31, 2026
Bitwise occupies the leading position among those funds.
Competitors such as Franklin Templeton’s XRPZ and Canary Capital’s offering have also seen inflows, but Bitwise has maintained the largest share of both assets and tokens held.
The $500 million level is often viewed as a psychological milestone that signals a product has achieved a stable investor base and greater liquidity.
The company framed the achievement as evidence of enduring community support.
In its announcement it noted that fourteen years after XRP’s creation, demand remains strong and expressed appreciation for the chance to give traditional investors a straightforward way to participate.
The ETF structure removes the operational and custodial hurdles that have historically limited institutional participation in digital assets.
The rapid accumulation also reflects a wider shift toward listed crypto products.
After Bitcoin and Ethereum ETFs demonstrated that regulated wrappers can attract sizable capital, issuers moved quickly to offer similar vehicles for other large-cap tokens.
XRP’s long operating history, focus on payments infrastructure, and relatively clear regulatory standing in the United States have made it a natural candidate.
Persistent inflows even during a price slump suggest many investors are treating the allocation as a longer-term position rather than a short-term trade.
For advisors and institutions that cannot or prefer not to custody crypto themselves, the Bitwise product provides a familiar brokerage-account wrapper, daily liquidity, and professional administration.
As more wealth managers become comfortable with digital asset ETFs, products that reach scale first often capture a lasting advantage in visibility and trading volume.
The $500 million crossing therefore represents both a commercial success for Bitwise and another data point in the gradual integration of crypto into conventional portfolios. Whether the fund continues its growth trajectory will depend on XRP’s market performance, competing products, and the broader appetite for alternative asset exposure.
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The XRP Ledger is on the verge of activating one of its most significant upgrades to date.
The long-awaited Batch has now come close to reaching the network's required validator threshold.
An XRPL community member recently pointed out that roughly 68% of validators have now thrown their support behind the consequential amendment.
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It seems like it could potentially go live before the end of September.
"Batch will unlock a lot of new use cases for the XRP ecosystem," the user said.
XRPL validator Vet, who is active within the community, said that builders have been waiting for the functionality for a long time.
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"Almost there! XRP Ledger Builders have waited so long for it," Vet wrote, adding that the feature could make it easier for developers to charge directly for services rather than allowing users to "free ride."
However, activation is not yet guaranteed.
What the amendment actually does The amendment in question is technically called BatchV1_1. The original Batch amendment was disabled earlier this year after a critical bug was discovered.
BatchV1_1 was introduced in XRP Ledger software version 3.3.0, which was released on Aug. 6.
Support has to rise above the XRP Ledger's 80% threshold and remain there continuously for two weeks. Otherwise, the amendment will not be able to go live.
If support falls back below that level, the two-week countdown resets.
Hence, it is entirely possible that the amendment gets activated by the end of September, but it is not guaranteed.
Historically, developers have not been able to combine several separate XRPL transactions.
However, the amendment that is currently on the verge of passing will make it possible for developers to package as many as eight transactions together inside a single transaction.
XRPL developers will gain the ability to define how several separate on-ledger actions depend on one another. This will remove the necessity for developing complicated infrastructure for some apps.
XRP’s derivatives market just woke up from a long nap. Futures trading volume across major platforms exceeded $64.6 billion in August, the highest monthly total since February and a signal that traders are piling back into one of crypto’s most watched assets.
The volume spike arrived alongside a meaningful price move. XRP climbed nearly 30% during the month, running from $1.06 at the start of August to a high of $1.50 on August 24 before settling around $1.35.
Where the volume landed Binance was the clear heavyweight in this derivatives surge, accounting for roughly $37 billion in XRP futures volume. Bybit came in second at approximately $14.54 billion, while OKX rounded out the top three with about $12.88 billion.
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The futures activity wasn’t happening in isolation. Spot trading volume for XRP also reached its highest point since February, with Binance again leading at $7.28 billion. South Korean exchanges showed up in force as well: Upbit recorded $4.68 billion in spot volume, and Bithumb Korea added $2.59 billion.
ETF inflows add institutional flavor US spot XRP ETFs recorded net inflows of $18.96 million during August, pushing combined assets under management to $1.48 billion.
What’s driving the renewed interest Two catalysts appear to be fueling the surge in XRP market activity. First, whale accumulation patterns picked up notably during August, with large holders adding to their positions ahead of a critical vote scheduled for September 15. Second, the broader narrative around XRP has shifted, with ETF products now live and attracting capital.
Worth noting: the volume spike did not indicate a clear directional bias. While the price moved higher, the futures market showed activity on both sides. Long and short interest appeared elevated, which means traders weren’t unanimously bullish.
For context, the last time XRP futures volume hit comparable levels was February, when the token was trading in a similar range.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
The XRP Ledger saw a notable combination of growth and contraction in the second quarter of 2026, according to Evernorth’s State of the Ledger report released on September 2. While average daily trading volume on the decentralized exchange (DEX) surged 79% year over year to reach 3.57 million XRP, the number of accounts trading on the order book each day declined by approximately 40%, falling from 1,864 to 1,111.
Trading concentration rises while user numbers fallThis change meant that the average trading account on the order book now handled about 3,217 XRP every day, an increase from 1,072 XRP a year earlier. Fewer accounts are making much larger trades, suggesting growing concentration among active participants. The report noted that account numbers alone do not uncover whether individuals or institutions control these addresses, and multiple addresses may be operated by a single entity.
Order book activity became even more dominant within the DEX ecosystem, accounting for 81% of all exchange volume in the quarter, compared with 54% a year prior. Automated market maker pools made up the rest. In total, daily DEX volume averaged 4.42 million XRP, marking a 20% increase compared to the previous year, though slipping 16% versus the first quarter of 2026.
While shifts in the balance between order books and automated market makers mark a significant change in infrastructure, Evernorth cautioned that these trends do not directly prove a replacement of retail users by institutional traders.
Tokenized assets surge amid changing market dynamicsThe report also highlighted robust growth in tokenized asset value on the XRP Ledger. The average value of tokenized assets reached $3.72 billion in the second quarter. Ripple’s RLUSD stablecoin saw its daily average balance jump to $539 million, up 642% from $73 million a year earlier. The on-ledger share of all RLUSD increased from 20% to 34%, following Wormhole integration support, while RLUSD value moved on-chain expanded by 925% over the same timeframe.
The combined average value held on the network, including tokenized real-world assets and stablecoins, reached $4.26 billion—an extraordinary climb from $99 million just six quarters earlier. The expansion underscores the increasing accumulation of tokenized value, even as speculation remains part of the network’s perception.
The figures show higher volume per active trading account alongside lower participation measures. The report does not identify individual traders, and the results should not be read as proof that institutions have replaced retail participants.
As asset digitization gains momentum, traditional markets are also seeing a shift. Wall Street firms are moving towards Web3 models, and investors can now use platforms such as 1stepSwap to hold shares of major U.S. companies, gold, and silver directly in crypto wallets. This trend leverages the tokenization of real-world assets and uses automated pricing engines to remove intermediaries, aiming to streamline access and pricing for investors.
Retail activity slows despite infrastructure advancesWhile tokenized value and trading volumes have soared, several retail-facing metrics moved lower in the second quarter. The average number of daily transacting accounts stood at 16,587, and new account creation averaged 2,783 per day—both representing declines of about 25% from the previous year.
Payments and NFT minting activity also dropped during the period, reflecting a broader sector slowdown. Evernorth pointed out that aggregate on-chain exchange volume across the industry was down 46%, and protocol fees on the seven largest programmable blockchains fell 38% compared with the prior year.
Even with these lower participation numbers, more value is being processed by each remaining active account, indicating a dual trend of fewer users handling larger amounts.
Questions on institutional involvement and market structureThe report left unanswered questions about the source of increased concentrations, such as whether the growth is driven by institutional players or the use of permissioned infrastructure, which restricts access to approved participants. Evernorth did not specify what proportion of trading took place in these controlled environments.
Infrastructure development continued regardless of the overall market slowdown. Separate coverage discussed Ripple’s XRPL lending proposal, aiming to expand the network’s toolkit for financing tokenized assets.
Disclosure and contextEvernorth acknowledged its own financial exposure to XRP through its treasury activities. The company emphasized that while on-chain balances have grown, these metrics do not guarantee future increases in the price or adoption of XRP. Reports produced by organizations with vested interests should be evaluated accordingly.
Whatever one thinks of XRP as a speculative asset, the infrastructure built around the ledger is accumulating balance-sheet-style value at a pace that is difficult to dismiss.
Ripple na XRPL spálil 1 363 614,85 RLUSD a stejný objem o pár sekund později vyrazil na Ethereum. Jde o přesun likvidity mezi sítěmi, ne o nové vydání.
TLDR Ripple burned 1,363,614.85 RLUSD on the XRP Ledger on September 6. The same 1,363,614.85 RLUSD was minted on Ethereum only seconds later. The matched transactions point to a cross-chain supply rebalancing rather than new RLUSD issuance. About $1.36 million in RLUSD liquidity effectively shifted from XRPL to Ethereum. The Ethereum-minted RLUSD was later transferred to an external wallet. Ripple RLUSD supply shifted between the XRP Ledger and Ethereum after a matched burn and mint on September 6. Onchain data showed 1,363,614.85 RLUSD removed from circulation on XRPL before the same amount appeared on Ethereum seconds later.
The sequence points to a cross-chain supply transfer rather than new token creation. The paired transactions kept the total amount unchanged while moving roughly $1.36 million in RLUSD liquidity from one blockchain to another.
Ripple RLUSD Supply Shifts Across Networks The XRPL transaction sent 1,363,614.85 RLUSD back to an address where the tokens could no longer circulate. The transaction appeared connected to the stablecoin issuer and reduced the amount available on the XRP Ledger.
👀 RLUSD Cross-Chain Movement Spotted
1,363,614.85 RLUSD $1.36M) burned on the XRP Ledger tokens returned to issuer, permanently removed from XRPL circulation.
The exact same amount was minted on Ethereum minutes later and transferred to an external wallet.
This looks like a… https://t.co/6rCFI1FElF pic.twitter.com/sK72yr7qxR
— 𝗕𝗮𝗻𝗸XRP (@BankXRP) September 7, 2026
Ethereum then recorded a mint for exactly 1,363,614.85 RLUSD. The timing and matching amount suggest that Ripple moved existing supply across networks instead of increasing the stablecoin’s overall circulation.
After the Ethereum mint, the newly issued tokens moved to an external wallet. That transfer added another step to the cross-chain movement and placed the RLUSD outside the issuing address.
The activity differs from a standard mint that adds fresh supply to a network. In this case, the XRPL burn happened before Ethereum received the same number of tokens, keeping the combined supply level broadly unchanged.
Liquidity Moves Toward Ethereum The transaction shifted about $1.36 million worth of Ripple RLUSD from the XRP Ledger to Ethereum. The movement changed the location of stablecoin liquidity without creating an equal rise in total supply.
Ripple supports RLUSD on both the XRP Ledger and Ethereum. Moving supply between the networks can help place tokens where users, exchanges, payment firms, or trading venues need more available liquidity.
Such rebalancing can place more tokens on the network where current market activity creates stronger liquidity needs.
The September 6 transactions also show how an issuer can manage a stablecoin across multiple blockchains. Burning tokens on one network and minting the same amount on another can move supply without relying on a direct token bridge.
For RLUSD users, the recorded transactions mainly changed the blockchain holding the tokens. Onchain records showed a reduction on XRPL and a matching increase on Ethereum, leaving the transferred amount balanced overall across the two networks.
BIS zahájila testy na XRP Ledgeru pro ověřování oficiálních statistik pomocí blockchainu. Cílem je nezměnitelně potvrdit původ a integritu zveřejněných dat.
The Bank for International Settlements (BIS) has initiated tests on the XRP Ledger (XRPL) to explore a blockchain-based system for verifying official statistics. The pilot aims to examine how efficiently the XRPL can anchor and authenticate statistical data, offering an immutable record without allowing any subsequent modifications to stored receipts.
Data authentication and blockchain technologyThe BIS working paper outlined two major advantages of the XRP Ledger: its low transaction fees and rapid consensus mechanism. Analysts also pointed to XRPL’s established operational history as a key factor driving the experiment.
According to BIS, the project is confined to handling statistical data, not payment or settlement functions. Researchers developed a proof-of-concept system that confirms the origination and integrity of disseminated official statistics through a metadata exchange.
By anchoring data on the XRPL, the BIS aims to ensure that published information can be independently verified, enabling users to check for any post-publication changes. This tamper-proof approach supports long-term data trustworthiness.
Ripple CEO Brad Garlinghouse remarked that growing institutional interest in XRPL does not come as a surprise. He emphasized the platform’s low fees, rapid settlement times, and proven record as essential qualities for such experiments.
Ripple’s leadership stressed the significance of the BIS partnership, noting that XRPL’s efficiency and reliability are among the primary drivers for institutions opting to test blockchain-based verification systems.
The BIS evaluation marks another step in the evolving adoption of blockchain solutions across traditional financial entities. While the current trials are strictly focused on statistical data rather than payment operations, the initiative underscores a broader industry movement towards distributed ledger technologies for secure data handling.
As discussions on tokenization gain momentum, traditional markets face a paradigm shift. Wall Street is increasingly engaging with Web3 technologies, with investors using platforms like 1stepSwap to directly hold tokenized shares of major U.S. companies, gold, and silver within their crypto wallets. By tokenizing real-world assets and leveraging algorithms that identify the best prices instantly, such platforms eliminate the need for intermediaries.
Technical approach: XRPL implementation detailsThe technical process at the center of the BIS’s trial involves converting each statistical data set into a unique cryptographic fingerprint, ensuring its integrity over time. Multiple fingerprints are combined using a Merkle tree structure, and the root value is then anchored on the XRPL for immutability.
Only the Merkle root is stored on-chain, utilizing XRPL’s validator-based consensus model rather than energy-intensive proof-of-work systems. This architecture ensures security and transparency while keeping operational costs low.
BIS researchers are continuing to assess the outcome of these ongoing tests. The decision on whether to proceed with a broader implementation or discontinue the project is expected soon.
The BIS project demonstrates how blockchain environments like the XRPL provide robust, tamper-proof methods for authenticating data, ensuring that official information remains reliable and unaltered after publication.
One billion tokens hit the open market on September 1. Instead of dumping, XRP rallied. The monthly escrow release that once spooked retail traders has become background noise for an asset that just logged its strongest on-chain quarter in years.
Summary
Ripple released 1 billion XRP (worth roughly $1.38 billion) from escrow on September 1, 2026, reducing locked supply to 31.28 billion tokens. XRP climbed 28.5% in August, its best August since 2021, touching $1.70 before settling near $1.42, absorbing the escrow release without flinching. Payment volume on the XRP Ledger surged 521% in a single week in late August, driven by larger institutional-scale transfers rather than retail activity. Spot XRP ETFs, approved in March 2026, pulled in $153.55 million in August alone, with $150.28 million arriving in the final two weeks. RLUSD, Ripple’s stablecoin, crossed $2.32 billion in market cap, cementing its position as the dominant stablecoin on XRPL and a growing force on Ethereum. For eight years, Ripple’s monthly escrow unlock has played out like clockwork. On the first day of every month, the XRP Ledger’s built-in escrow contracts release up to 1 billion XRP into Ripple-controlled wallets. Each time, a wave of anxious posts floods social media. Each time, traders brace for a dump that rarely arrives. And each time, the market moves on.
September 1, 2026, was no different in mechanics. Whale Alert flagged three transactions: 500 million, 400 million, and 100 million XRP, all released from escrow within minutes. The total haul was worth about $1.38 billion at the time. What was different, though, was everything around it.
XRP had just posted its best August in five years. Active addresses on the ledger were at all-time highs. Spot ETFs were pulling in nine-figure inflows. Ripple, freed from its four-year SEC battle, was signing deals with names like Deutsche Bank and JPMorgan. The billion-token release landed in a market that was not scared of it anymore, and for good reason.
This is the story of how the scariest thing about XRP became one of the least interesting.
The anatomy of a billion-token unlock The escrow program dates back to December 2017, when Ripple locked 55 billion XRP into time-based contracts on the XRP Ledger. The idea was straightforward: remove the supply overhang that critics used to argue XRP was centrally controlled. The protocol would release up to 1 billion tokens on the first of each month, and anything Ripple did not sell would go back into escrow at the end of the queue.
Nine years later, the program has released tens of billions of XRP. Ripple’s escrow balance has dropped from 55 billion to 31.28 billion as of the September release, according to crypto.news data on XRPL escrow mechanics. But the net effect on circulating supply has been modest. Ripple typically re-escrows 700 to 900 million XRP each month, leaving only 100 to 300 million for operational use, OTC liquidity deals, or institutional payments.
The math is simple. A billion tokens sound alarming. But when 70 to 90 percent go right back into lockup, the actual supply entering the market is a fraction of the headline number. Historical data backs this up: monthly escrow releases have produced average 7-day price swings of negative 3.1% to positive 1.7%, with 30-day volume bumps of 15 to 22 percent. Not nothing, but not the catastrophic sell events that early critics predicted.
Compare that to traditional equity markets. When a public company’s lockup period expires and insiders can sell, the stock often drops 5 to 15 percent in a single session. XRP’s monthly unlock is milder than a typical IPO lockup expiry. The difference is predictability. Everyone knows when the tokens are coming. Everyone knows how many. And everyone knows Ripple’s historical re-escrow behavior. There is no information asymmetry, which means there is no panic.
What changed in 2025 and 2026 is the market’s understanding of this pattern. Early on, every unlock triggered panic selling by traders who saw a billion-token dump incoming. Now the unlock is priced in, discussed in advance, and absorbed within hours. The September release barely moved the needle. XRP was trading at $1.38 when the tokens unlocked and was at $1.42 five days later.
August’s 28% rally and what powered it To understand why the escrow release landed softly, you need to understand what August looked like for XRP.
The token entered August near $1.10, having spent most of the summer in a grinding consolidation. By mid-August, something shifted. Whale accumulation picked up sharply. Spot ETF inflows, which had been trickling in since the March 2026 approvals, turned into a firehose. And on-chain metrics started flashing signals that had not appeared since the post-settlement euphoria of late 2025.
By August 28, XRP had touched $1.70, a 28.5% gain for the month and its strongest August performance since 2021. Nearly all the momentum arrived in the final two weeks, coinciding with $150.28 million in ETF inflows during that stretch. The total August ETF inflow figure hit $153.55 million, meaning the first half of the month contributed less than $4 million.
The pattern suggests institutional buyers, not retail speculators, drove the move. Retail volume on major exchanges actually declined slightly during the rally. The money came from funds, from ETF creation baskets, and from OTC desks serving institutional clients. That is a fundamentally different kind of buying pressure than the speculative waves that defined previous XRP rallies.
As of September 6, XRP sits near $1.42. It gave back some of the August gains, which is consistent with a historical pattern: in seven of the last eight years, XRP’s September has moved in the opposite direction of its August. Both times August rose, September fell, dropping 14% in 2020 and 19.6% in 2021. Whether that pattern holds this time depends on factors that previous Septembers did not have, including spot ETFs, institutional pipelines, and a Fed meeting on September 15 and 16 with fresh projections.
There is a reasonable argument that the seasonal pattern breaks this year. In 2020 and 2021, XRP had no ETFs, no regulatory clarity, and an active SEC lawsuit hanging over it. The buyers were almost entirely retail. This time, the August rally was driven by ETF creation baskets and OTC institutional flows. That type of capital does not rotate out on a monthly candlestick pattern. It stays because it was allocated with a multi-quarter or multi-year time horizon. The seasonal bears might be right on a short-term pullback, but calling for a 15 to 20 percent September decline requires ignoring every structural change that has happened in the past 12 months.
The 521% payment volume spike, explained On August 26, the XRP Ledger recorded a payment volume surge that grabbed headlines: a 521.1% increase, pushing daily payment volume to roughly 488.4 million XRP. Numbers like that sound transformative. The reality is more nuanced, but still meaningful.
The number of individual payment transactions actually fell 10.5% that day, to around 388,900. What spiked was the size of each transaction. Fewer payments, but each one carrying dramatically more value. This points to institutional or enterprise-scale activity: treasury movements, cross-border settlement batches, or large OTC transfers.
Crypto.news reported that XRP had its best month since the SEC settlement, and the on-chain data supports that framing. Active addresses on the XRP Ledger hit 2.26 million in August, more than double July’s 1.02 million. The 7-day moving average for daily active addresses reached 1.34 million, a new all-time high, surpassing the previous record of 1.22 million set in March 2025.
JUST IN: Ripple Prime expands HyperLiquid integration with HIP-3 symbols, institutions now get onchain perps for gold, silver & oil pic.twitter.com/bH77x5ClGu
— crypto.news (@cryptodotnews) March 31, 2026 Total value locked on the XRP Ledger rose from $32.31 million in July to $44.42 million in August. That figure looks small compared to Ethereum or Solana, but the trajectory matters more than the absolute number. XRPL was never designed to be a DeFi playground. Its core use case is payments, and the payment volume numbers tell a story of growing real-world usage at scale.
The 521% spike was not a sign that XRPL usage sextupled overnight. It was a sign that the entities using the ledger are moving bigger money. And bigger money, in the world of cross-border payments, is precisely what Ripple has been building toward for a decade.
Post-settlement Ripple is a different company On August 11, 2025, the SEC and Ripple Labs jointly dismissed their appeals, ending a legal battle that had consumed both parties since December 2020. Ripple paid $125 million in fines. XRP spiked 11% on the news. But the real impact was not the price jump. It was what happened in the months after.
The settlement preserved a crucial judicial ruling: XRP sold on public exchanges does not qualify as a security. Institutional sales remain subject to securities law, but the secondary market got a clean bill of health. That distinction gave XRP a level of regulatory clarity that most competing tokens still lack, and it opened doors that had been bolted shut for years.
Within months of the settlement, Ripple closed its $1.25 billion acquisition of Hidden Road, creating the first crypto-native global prime brokerage. The deal, announced in April 2025 and closed in October, brought clearing, financing, and multi-asset market access under the Ripple umbrella. Hidden Road, now operating as Ripple Prime, has tripled in size since the acquisition, with client collateral doubling and average daily transactions climbing past 60 million.
Ripple did not stop there. The company went on an acquisition spree, spending roughly $4 billion total on deals including GTreasury, Rail, Standard Custody, and Palisade. It secured conditional approval for a national trust bank. It raised at a $50 billion valuation. This is not the scrappy fintech startup that spent four years fighting the SEC. This is a company building a full-stack financial infrastructure play, and the settlement made all of it possible.
The ETF effect and institutional pipeline When the SEC approved multiple spot XRP ETFs in March 2026, skeptics wondered whether anyone would actually buy them. Bitcoin and Ethereum ETFs had the advantage of broad name recognition. XRP was the asset that had been labeled a potential security for years. Would institutional allocators touch it?
The answer came quickly. Within 60 days, cumulative inflows into spot XRP ETFs exceeded $1.5 billion, making them the fastest crypto ETF category to reach that milestone since the Ethereum ETF launch in 2024. Products from Bitwise, 21Shares, and Canary Capital led the pack.
The approval was made possible by two regulatory shifts. The CLARITY Act, which passed in early 2026, provided the legislative framework for digital commodity classification. And the SEC and CFTC jointly classified XRP as a digital commodity under the same framework used for Bitcoin and Ethereum spot ETFs. For institutional investors who had been waiting for unambiguous legal status before allocating, the ETF approvals were the green light.
The corporate treasury pipeline also opened. Evernorth now holds $1 billion in XRP reserves. Trident Digital Tech Holdings holds $500 million. Webus International added $300 million. These are not speculative bets by crypto-native funds. These are corporate balance sheet allocations, the kind of money that tends to stay put.
Institutional trading volumes spiked 208% following the settlement and ETF approvals, reaching $12.40 billion. That volume has not retreated much since. The market structure around XRP has shifted from retail-dominated to institutionally anchored, and that shift explains why events like the monthly escrow unlock barely register anymore.
RLUSD and the stablecoin flywheel Ripple’s stablecoin, RLUSD, launched in December 2024. By September 2026, it has reached a $2.32 billion market cap, with $963 million issued on the XRP Ledger and $1.1 billion on Ethereum. For context, it took USDC years to reach that level. RLUSD did it in under two years.
The growth is not accidental. Ripple wired RLUSD directly into its institutional infrastructure. Through Ripple Prime (the rebranded Hidden Road), RLUSD became the first stablecoin to enable cross-margining between digital assets and traditional markets. Institutional clients using Ripple Prime can post RLUSD as collateral for FX, derivatives, and fixed income trades. That is not a crypto use case. That is a capital markets use case, and it explains why the stablecoin is growing so fast.
Transfer volume hit $18.4 billion in Q1 2026 alone, with more than 55% of that activity concentrated in March. RLUSD now holds 88% of all stablecoin liquidity on the XRP Ledger. Partnerships with Mastercard, JPMorgan, OKX, and Ondo Finance have expanded its reach into spot trading, derivatives, and tokenized finance.
The flywheel works like this: more RLUSD adoption means more transaction volume on XRPL, which means more demand for XRP as a bridge asset, which attracts more institutional participants, who bring more RLUSD demand. Each piece reinforces the others. And unlike speculative token demand, stablecoin-driven demand tends to be sticky. Once a treasury operation is built around RLUSD rails, switching costs are high.
The partnership map Ripple’s partnership strategy in 2026 reads like a company that no longer needs to prove it belongs in traditional finance. It is already there.
February 2026 was the landmark month. Deutsche Bank integrated Ripple’s payment infrastructure for cross-border transfers and FX operations. Aviva Investors partnered to tokenize fund structures on the XRP Ledger. Societe Generale’s SG-FORGE launched its euro stablecoin EURCV on XRPL. Zand signed on for stablecoin solutions. Figment expanded custody services.
In July, the next wave arrived: Mastercard, JPMorgan, OKX, and Ondo Finance. Each partnership targets a different piece of the financial stack. Mastercard brings card network integration. JPMorgan brings interbank settlement. OKX brings exchange liquidity. Ondo Finance brings tokenized treasuries.
In Asia, Ripple secured its third Korean partnership with Jeonbuk Bank for cross-border transfers, following deals with K Bank and Kyobo Life Insurance. Ripple Payments now handles more than $15 billion a month through on-demand liquidity, working with over 300 institutions across 55 countries.
The XRP Ledger itself is evolving. Ripple’s FinTech Builder Program supports startups building institutional-grade applications on XRPL, providing structured support from product design through market launch. The ledger has processed 2 million AI-agent payments, a small but growing use case as autonomous agents need fast, cheap settlement rails. When two AI systems need to settle a microtransaction in under four seconds with fees measured in fractions of a cent, the XRP Ledger is one of the few networks that can do it without congestion or fee spikes. Upcoming protocol upgrades include enhanced privacy features, improved programmability, and greater interoperability with other blockchains using zero-knowledge technology, with on-chain lending as a major development focus.
The AI payments angle deserves attention. Ripple Payments handled $1.3 trillion in transactions in Q2 2025 alone, working with more than 300 institutions across 55 countries and moving roughly $15 billion a month through on-demand liquidity. If even a small fraction of AI-agent commerce routes through XRPL over the next two years, the transaction volume numbers will look very different than they do today.
Three conditions analysts say XRP needs for sustained recovery are all being met: regulatory clarity, institutional adoption, and network utility growth. The question is no longer whether XRP has a use case. It is whether the market will price the use case in before or after the next macro catalyst.
Why the escrow narrative died There was a time, not long ago, when Ripple’s escrow program was the single biggest bear case against XRP. Critics argued that 1 billion tokens hitting the market every month created permanent sell pressure. They pointed to Ripple’s balance sheet, which held (and still holds) billions of XRP, as evidence that the company was dumping on retail investors.
That narrative has collapsed for three reasons.
The re-escrow rate has been consistent. Ripple has re-locked 70 to 90 percent of every monthly release for years. The net addition to circulating supply is a fraction of the headline number. In January 2026, Ripple re-escrowed roughly 700 million of the 1 billion released. The pattern has been so consistent that it is now baked into every serious valuation model.
The market grew into the supply. When the escrow program started in 2017, XRP’s total market cap was a fraction of what it is today. A billion-token release represented a meaningful percentage of daily volume. Now, with XRP’s market cap around $82 billion and daily trading volume regularly exceeding $1 billion, the monthly release is proportionally much smaller. The market can absorb it without disruption.
Institutional demand created a floor. ETF creation baskets, corporate treasury allocations, and Ripple Prime’s collateral requirements all create ongoing demand for XRP. That structural demand did not exist in 2018 or 2020 or even 2024. It exists now, and it acts as a sponge for newly unlocked supply.
The escrow unlock is not bullish or bearish. It is a scheduled, predictable, well-understood event in a market that has moved far beyond the point where supply-side scares drive prices. The September 1 release proved it. A billion tokens were unlocked, and XRP went up.
What to watch The next few weeks will determine whether XRP holds its August gains or follows the historical September pattern of giving them back. Here are the signals that matter:
Fed meeting, September 15 to 16. The Federal Reserve’s September meeting includes fresh economic projections and a dot plot update. A dovish shift could fuel risk assets broadly. A hawkish surprise would pressure everything, including XRP.
ETF flow direction. August saw $153.55 million in inflows. If September maintains that pace, XRP likely holds above $1.35. If flows reverse, the $1.20 support level comes into play.
RLUSD market cap trajectory. The stablecoin crossing $2.5 billion would signal continued institutional adoption. A stall or decline would raise questions about the sustainability of the XRPL flywheel.
On-chain activity. Active addresses staying above 1.3 million on a 7-day average would confirm that August was a structural shift, not a temporary spike.
Ripple Prime volume. Hidden Road’s rebranded prime brokerage is processing 60 million daily transactions. Growth in that number is a direct proxy for institutional engagement with the Ripple ecosystem.
October 1 escrow release. Another billion tokens will unlock. The market’s reaction, or lack of reaction, will confirm whether the escrow narrative is truly dead or merely dormant.
Disclaimer: This article is for informational and educational purposes only. It does not constitute financial, investment, or legal advice. Cryptocurrency investments carry significant risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions. Published September 7, 2026.
How much XRP did Ripple unlock from escrow on September 1, 2026? Ripple released exactly 1 billion XRP from escrow on September 1, 2026, in three separate transactions of 500 million, 400 million, and 100 million tokens. At the time of release, the tokens were worth approximately $1.38 billion. Ripple’s total escrow balance dropped from 32.28 billion to 31.28 billion XRP as a result.
Does the monthly escrow unlock crash XRP’s price? Historical data shows that monthly escrow releases produce average 7-day price swings of negative 3.1% to positive 1.7%. The September 2026 release had essentially no negative impact, with XRP trading higher five days after the unlock. Ripple typically re-escrows 700 to 900 million XRP each month, so the net supply entering the market is 100 to 300 million tokens, not the full billion.
What are XRP spot ETFs and how much money have they attracted? The SEC approved multiple spot XRP exchange-traded funds in March 2026, including products from Bitwise, 21Shares, and Canary Capital. Within 60 days, cumulative inflows exceeded $1.5 billion. In August 2026 alone, spot XRP ETFs attracted $153.55 million in new investment, with the majority arriving in the final two weeks of the month.
What is RLUSD and why does it matter for XRP? RLUSD is Ripple’s USD-backed stablecoin, launched in December 2024. It has reached a $2.32 billion market cap, with tokens issued on both the XRP Ledger and Ethereum. RLUSD matters because it drives transaction volume on XRPL, creates demand for XRP as a bridge asset, and serves as institutional collateral through Ripple Prime. It holds 88% of all stablecoin liquidity on the XRP Ledger.
How did the Ripple SEC settlement affect XRP? The SEC and Ripple jointly dismissed their appeals in August 2025, ending a legal battle that began in December 2020. Ripple paid $125 million in fines. The settlement preserved a key ruling: XRP sold on public exchanges is not a security. This gave XRP regulatory clarity that most competing tokens lack and opened the door for ETF approvals, corporate treasury allocations, and institutional adoption at scale.
What caused the 521% payment volume surge on the XRP Ledger? On August 26, 2026, payment volume on the XRP Ledger spiked 521.1% to roughly 488.4 million XRP. The surge was driven by larger individual transactions rather than more transactions (the number of payments actually fell 10.5%). This pattern suggests institutional or enterprise-scale activity, such as treasury movements or cross-border settlement batches, rather than a broad increase in retail usage.
What is Ripple Prime and how does it relate to XRP? Ripple Prime is the rebranded Hidden Road, which Ripple acquired for $1.25 billion in 2025. It is the first crypto-native global prime brokerage, offering institutional clients clearing, financing, and access to FX, derivatives, fixed income, and digital asset markets. Hidden Road migrated its post-trade activity to the XRP Ledger and uses RLUSD for cross-margining, creating structural demand for both XRP and RLUSD.
Is XRP a good investment right now? XRP is in a stronger structural position than at any previous point in its history, with regulatory clarity, approved spot ETFs, institutional adoption, and growing network utility. The token trades near $1.42 as of September 6, roughly 57% below its July 2025 cycle high of $3.65. Whether it represents a good investment depends on individual risk tolerance, time horizon, and portfolio allocation strategy. This is educational analysis, not investment advice.
Is XRP a good investment right now? XRP is in a stronger structural position than at any previous point in its history, with regulatory clarity, approved spot ETFs, institutional adoption, and growing network utility. The token trades near $1.42 as of September 6, roughly 57% below its July 2025 cycle high of $3.65. Whether it represents a good investment depends on individual risk tolerance, time horizon, and portfolio allocation strategy. This is educational analysis, not investment advice.
Key Takeaways On September 1, 2026, Ripple executed its monthly escrow release of 1 billion XRP tokens valued at approximately $1.38 billion, leaving 31.28 billion tokens still locked. August 2026 saw XRP climb 28.5%, marking its strongest August performance since 2021, with prices reaching $1.70 before stabilizing around $1.42. The XRP Ledger experienced a massive 521% surge in payment volume during a single week in late August, primarily from large-scale institutional transactions. XRP-focused spot ETFs attracted $153.55 million throughout August, with the majority of capital flowing in during the month’s second half. Ripple’s stablecoin RLUSD surpassed $2.32 billion in market capitalization, establishing itself as the leading stablecoin on the XRPL ecosystem. On the first day of September 2026, Ripple executed another scheduled release of 1 billion XRP tokens from escrow. The market barely flinched.
What traders once viewed with apprehension has evolved into routine market activity. The unlock occurred through three separate transactions totaling 500 million, 400 million, and 100 million XRP, all executed within a narrow timeframe. Combined, these tokens represented approximately $1.38 billion in value. When the release occurred, XRP traded at $1.38, and by five days afterward, the price had climbed to $1.42.
Ripple initiated this escrow mechanism in December 2017, securing 55 billion XRP in time-locked smart contracts designed to address market concerns regarding supply concentration. The protocol releases up to 1 billion tokens monthly, though Ripple routinely places 700 to 900 million back into escrow, resulting in just 100 to 300 million entering actual circulation.
This structure means the genuine monthly supply increase represents only a small percentage of the announced figure. Analysis of past releases reveals that 7-day price fluctuations typically range from -3.1% to +1.7%. Currently, 31.28 billion tokens remain secured in escrow contracts.
August Performance Established Bullish Momentum XRP began August trading near $1.10 and surged 28.5% through month’s end, briefly touching $1.70 on August 28. This represented the token’s most impressive August performance in five years.
XRP Price Institutional capital, rather than retail speculation, powered this upward movement. Spot XRP ETFs, which received regulatory approval in March 2026, accumulated $153.55 million throughout August, with $150.28 million of that total arriving exclusively during the month’s final fourteen days. Meanwhile, retail trading volume on traditional exchanges experienced a slight contraction during the same rally period.
Total ETF inflows have now reached $1.68 billion since inception, with aggregate net assets standing at $1.48 billion. On September 4, XRP ETF products registered zero net daily flows, though asset values remained stable.
$XRP LOOKS INCREDIBLE. 🔥🔥
The macro downtrend is broken.
The rounded bottom is complete.
Multiple measured moves point toward the same target.
RECLAIM $1.50 AND $2.30 WILL COME FASTER THAN EXPECTED. 💥📈 pic.twitter.com/y1qlF3yFE2
— XRP Update (@XrpUdate) September 6, 2026
Network Activity Reaches Unprecedented Heights The XRP Ledger saw active addresses climb to 2.26 million during August, representing more than a 100% increase from July’s 1.02 million figure. The rolling 7-day average for daily active addresses achieved 1.34 million, establishing a new all-time peak.
Payment volume exploded 521% within a single week during late August, driving daily transaction volume to approximately 488.4 million XRP. Interestingly, the total count of individual transactions decreased 10.5%, indicating that fewer but substantially larger transfers occurred — a characteristic signature of institutional or enterprise-level operations.
Total value locked within the XRPL ecosystem expanded from $32.31 million in July to $44.42 million by August’s conclusion.
Market analyst Celal Kucuker shared on X that XRP’s technical structure “looks amazing,” identifying multiple chart formations all converging on a $2.30 price target, suggesting this level “could come sooner than expected” should XRP successfully reclaim the $1.50 threshold.
As of September 7, XRP maintains its position near $1.42, successfully defending the critical $1.40 support zone. The Senate postponed consideration of the CLARITY Act once more before entering recess, introducing additional regulatory ambiguity. Legislative sessions resume September 14, with the Federal Reserve scheduled to convene September 15–16.
Ripple uzavřel víceletou dohodu s University of Florida, která umístí logo XRP na hřiště, digitální kanály i značení na Ben Hill Griffin Stadium. Součástí je také podpora finančního a technologického vzdělávání studentů-sportovců.
In brief Ripple struck a multi-year deal with the University of Florida to feature the XRP logo on the field at Ben Hill Griffin Stadium, plus digital properties and signage, alongside a commitment to fund financial and technology education for student-athletes. It's Ripple's latest college-sports play, following a deal earlier this year to put the XRP logo on Kansas Jayhawks basketball jerseys. The branding push comes as XRP trades around $1.41—up 34.9% over 30 days but down 49.8% on the year. Ripple is taking its crypto-in-college-sports playbook to the Swamp, striking a multi-year marketing deal with the University of Florida that will splash the XRP logo across the field at Ben Hill Griffin Stadium starting this football season.
Florida Athletics announced the deal Friday, saying the XRP branding will appear on the field as well as on digital properties and event signage in Gainesville.
Myriad: Where does XRP price go next? Click to make your prediction.Beyond the marketing, Ripple committed to supporting financial and technology education for Florida student-athletes and the broader campus community, spanning both traditional finance and digital assets. Terms weren't disclosed.
"Florida has a long history of embracing innovation and technology to enhance the experience of our fans and advance our programs," University of Florida Director of Athletics Scott Stricklin said in a statement. "Ripple has established itself as an innovative leader in financial technology, and we're excited to welcome XRP to Gator Nation."
The Gators deal marks Ripple's latest push into college athletics. The company previously struck a multi-year agreement earlier this year to place the XRP logo on the University of Kansas Jayhawks' basketball jerseys, an unusual foray for a crypto brand into the marketing real estate of major college programs.
The branding blitz comes as XRP's price has held steady without much fireworks. The token traded around $1.41 on Friday, up 0.6% over 24 hours, according to CoinGecko, leaving it up about 34.9% over the past 30 days but still down roughly 49.8% over the past year.
Spot XRP ETF demand, a recent tailwind, has cooled: flows were essentially flat on Sept. 4, and as Decrypt reported, the funds recently ended an inflow streak. Decrypt's XRP ETF tracker now reads XRP sentiment as "neutral," though cumulative net inflows still stand at about $1.6 billion.
The sponsorships arrive as Ripple leans into mainstream visibility, having spent years building out its payments, custody, and treasury business and recently rolling out its RLUSD stablecoin.
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Spotové XRP ETF zakončily osmý týden v řadě v zeleném, tentokrát s téměř 19 miliony USD čistých přílivů. Celkový součet čistých přílivů dosáhl nového maxima 1,68 miliardy USD, ale v týdnu se objevily i odlivy a v pátek nulový příliv.
The ETFs saw the first red trading day in a month but there's more to the worrying story.
For the eighth consecutive week, the spot XRP ETFs ended in the green, attracting almost $19 million. Although this sounds impressive, the actual number was significantly lower than last week’s figure.
Moreover, Friday ended as a no-inflow day for the first time in about three weeks, reigniting an old dilemma about actual demand.
XRP ETFs Still in the Green The last full week of August was the best for the XRP ETFs in 2026. They gained over $110 million, making it the most impressive one since early December 2025. The first slowdown during the previous business week was felt on August 31, when investors poured in a more modest $5.64 million.
The double-digit net inflows returned on September 1 with $14.38 million, but the trend changed on Wednesday when withdrawals were dominant with $7.20 million taken out. This was the first red day for the Ripple ETFs since August 5.
$6.14 million entered the funds on Thursday, but Friday was a no-show day with SoSoValue data showing flows of $0.00. The good news is that the cumulative total net inflows hit another all-time high of $1.68 billion.
The worrying part of the weekly performance is actually twofold. First, it was Wednesday’s net outflows, which broke a near-one-month streak. Second, it was Friday’s no-reportable flows, which raised concerns that had been forgotten in the past few weeks.
Before the market-wide revival experienced after August 19, the spot XRP ETFs had seven such days out of 11 trading days in August. Nevertheless, the broader weekly performance was still bullish with almost $19 million in net inflows. The streak of consecutive green weeks is up to eight.
You may also like: XRP Trading Activity Hits Highest Level Since February as Price Jumps 8% Over $140M in Shorts Wrecked in an Hour as BTC, ETH, XRP Suddenly Explode Important Ripple News and XRP Price Update: September 3 Spot XRP ETF Inflows. Source: SoSoValue XRP Defends $1.40 Despite the massive inflows of over $110 million during the previous business week, the underlying asset had failed to capitalize and had fallen below the key support at $1.40 last weekend. It dipped further to $1.33 during the new week, but finally found support and surged to $1.45 on Friday.
It was stopped there and pushed south to $1.41 as of press time, which means that it remains above the key support at $1.40. Analysts remain highly bullish on its recent performance, claiming that its bull phase has finally begun. Moreover, Ali Martinez and EGRAG CRYPTO outlined some mind-blowing price targets for the culmination of the bull market, of up to $60.
We break them down in more detail in this article, and review the actual obstacles XRP would have to face on its way to these levels.
Útok na mobilní peněženky XRP Healthcare zasáhl tisíce uživatelů a útočníci během tří hodin odčerpali asi 267 000 XRP a miliony souvisejících tokenů. Bývalí vývojáři Ripple tvrdí, že šlo o dlouho přehlížená varování.
Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
The escalating conflict on X between the affected team and former Ripple developers shows that the recent large-scale wallet drain did not come as a surprise to experts.
On Sept. 3, 2026, an incident involving the mobile wallets of XRP Healthcare, formerly known as XRPayNet, occurred within the XRPL ecosystem. In just three hours, the attackers drained the balances of thousands of users, stealing approximately 267,000 XRP and millions of related tokens, which were quickly transferred to the Ethereum network.
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Forensic analysis uncovered a critical bug: users' private seed phrases were sent to a server when staking features were activated.
Against this backdrop, developer BiasGoose stated that the incident was "not news to me," as he had previously rejected grant applications from the team.
While developers search for the stolen coins, former Ripple devs look back at the project's past sinsAs it turned out, former Ripple employees had blacklisted the project long ago. According to BiasGoose, the Uganda-linked medical initiative had shown signs of fraud from the outset. Its creators had been caught "blatantly lying about partnerships in their application" to secure funding and generate artificial hype.
The developer stressed that the product did not need its own token at all: "whatever it was didn't need a token."
Security experts Hazard Cookie, formerly of Ripple, and Matt Hamilton confirmed that auditors had been documenting the project's architectural risks for years. The community also remembers the team as scammers who were "kicked to the curb as known scammers" during previous market cycles between 2022 and 2024.
Yup was all red flags when I spoke to them before as XRPayNet.
— Matt Hamilton (@HammerToe) September 6, 2026 In response to the criticism, the project team released an official statement confirming the hack. Platform representatives said developers were already conducting an urgent investigation, fully tracing the transactions on the blockchain and coordinating with relevant authorities to freeze and recover the assets.
XRP Healthcare's public response to criticism regarding their wallet security incident. Source: XRP Healthcare via X.comAt the same time, they accused the former Ripple developers of unethical behavior, saying that they had put their own names and money at stake while their opponents merely mocked the risks taken by others. According to the affected team, publicly celebrating the misfortune of colleagues is "genuinely pathetic," and they had expected "far more character" from industry veterans.
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At press time, the discussion on X had stalled after a harsh response from BiasGoose, who shot back that, unlike the creators of the hacked application, he "never took risks with other people's money, my guy."
While the project team attempts to trace the stolen funds and former Ripple employees point to years-old audits, the crypto community is left to assess the arguments from both sides: was this a tragic developer error or the predictable outcome of a project whose red flags had been ignored for years?
Goldman Sachs byl ve 2. čtvrtletí největším z deklarovaných držitelů XRP ETF s expozicí 87,45 milionu USD. Jane Street a Millennium Management zůstaly výrazně pozadu.
Among declared institutional holders of XRP ETFs in the second quarter of the year, Goldman Sachs held first place. The banking institution thus showed an exposure of 87.45 million dollars as of June 30, far ahead of Jane Street and Millennium Management. In total, the identified banks held 183.5 million dollars in shares. These figures attest to the integration of XRP products on Wall Street, without necessarily showing that these companies directly anticipate a rise in the crypto.
In Brief Goldman Sachs dominates institutional positions with 87.45 million dollars of declared XRP ETFs. Jane Street and Millennium Management complete the podium, far behind the American bank. 13F declarations do not prove a bullish bet by institutions on XRP. XRP ETFs continue their growth, with nearly 1.48 billion dollars in net assets. Institutional positions remain a minority, representing about 12.4% of XRP ETF net assets. Goldman Concentrates Nearly Half of Known Positions While flows into XRP ETFs reach a historic record, the statistics come from 13F forms. These declarations allow the census of various positions held by U.S. managers that oversee at least 100 million dollars of eligible assets.
Goldman Sachs controlled an exposure corresponding to nearly 80.05 million XRP. The banking institution allegedly added the equivalent of 83.15 million tokens during the quarter, according to provided data.
The ranking of the top five banks reveals the lead taken by Goldman Sachs :
Goldman Sachs held 87.45 million dollars of XRP ETF shares ; Jane Street was second with 16.64 million dollars ; Millennium Management followed with 16.20 million dollars ; Intesa Sanpaolo declared an exposure of 14.42 million dollars ; Marex UK Holdings completed the group with 8.12 million dollars. Thus, Goldman Sachs held about 48% of the 183.47 million dollars declared. The top three companies concentrated nearly 120.3 million dollars, or about two-thirds of the total under census.
Consequently, investment advisors dominated various categories with 120.89 million dollars. They had outpaced hedge fund managers, who held 25.08 million. Brokerage firms and banks reported 17.85 and 14.83 million dollars respectively.
James Seyffart, analyst at Bloomberg Intelligence, specified:
Who are the main holders of spot XRP ETFs? Here is data from 13F declarations of the second quarter. Goldman, Jane Street, and Millennium are at the top.
Declarations Do Not Prove a Bullish Bet on XRP The form filed by Goldman Sachs with the SEC encompasses positions held as of June 30. Published on August 14, this data shows the real situation of the banking institution’s holdings.
Banks report on ETF shares, not XRP tokens held directly in their wallets. Managers do not obtain individual ownership of tokens held by the fund either.
It is worth noting that these positions serve various purposes. A bank may acquire shares for its clients, facilitate transfers, or engage in arbitrage. A company like Jane Street may also act as a market maker.
13F forms do not cover all hedges. A bank may hold XRP ETF shares while decreasing its risk through futures, options, or other instruments.
Goldman Sachs’ 87.45 million dollars cannot therefore be presented as a recent XRP acquisition. They do not demonstrate that the bank still holds this exposure either. Upcoming declarations, expected in November, will indicate the progression of these positions.
Institutional Capital Remains a Minority in ETFs XRP ETFs held nearly 1.48 billion dollars in net assets as of September 4. Indeed, their cumulative net inflows reached approximately 1.68 billion dollars, according to SoSoValue data.
The 183.47 million dollars visible in institutional declarations represent about 12.4% of net assets. Most holders therefore do not appear in the ranking. Thus, individual investors and institutions not subject to the 13F form complete the bulk of the market.
Flows also increased after the dates covered by the declarations. From August 18, the ETFs recorded eleven consecutive positive sessions. This series captured nearly 170 million dollars.
On September 3, the products again collected 6.14 million dollars. Franklin Templeton led the session with 3.19 million dollars, ahead of Bitwise and its 2.95 million dollars. Afterward, there were no flows on September 4.
The presence of Goldman Sachs, Jane Street, and Millennium certifies that XRP ETFs are now used by major financial players. It represents a signal of adoption of regulated products, but not yet proof of a sustainable bullish conviction on XRP.
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Luc Jose A.
Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.
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The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
Na XRP Ledger se má za pět dní aktivovat aktualizace fixCleanup3_3_0, pokud si udrží podporu nad 80 % po dobu 14 dní. Zahrnuje 11 oprav pro Single Asset Vaults, Lending Protocol, AMM a další části sítě.
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
A major bundled fix amendment is scheduled to activate on the XRP Ledger mainnet in the next five days if validator support remains above the required threshold. According to XRPscan data, fixCleanup3_3_0 is scheduled for September 11 mainnet activation if it holds 80% support for a 14-day window.
XRP Ledger's amendment system uses a consensus process to approve changes that affect transaction processing. Fully functional transaction processing changes are introduced as amendments; validators then vote on these changes. If an amendment receives more than 80% support for two weeks, it passes, and the change applies permanently to all subsequent ledger versions.
The fixCleanup3_3_0 amendment was introduced in the XRPL software version release 3.3.0, launched in August, and is designed to strengthen several features across the network.
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fixCleanup3_3_0 quickly gained traction after it opened for voting on August 6, attaining a majority (that is, reaching 80% support) on August 28, following which the two-week activation timer began to tick, with five days now remaining.
XRP Ledger overhaul continuesThe fixCleanup3_3_0 amendment is a collection of fixes for Single Asset Vaults, the Lending Protocol, Automated Market Makers, the permissioned DEX, Checks, and pseudo-accounts, with 11 changes outlined.
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These include a fix to hybrid offers being removed from the open order book when the account that placed them loses access to the permissioned domain, and Automated Market Maker liquidity being included in quality estimates for permissioned DEX order books. The upgrade will also add further precision and rounding fixes for Single Asset Vaults and the Lending Protocol, which are currently in voting.
fixCleanup3_3_0 follows previous fix upgrades fixCleanup3_1_3 and fixCleanup3_2_0, which were activated on the XRPL mainnet in May and July, respectively. The fixCleanup3_1_3 amendment marked a collection of fixes for NFTs, Permissioned Domains, Vaults, and the Lending Protocol, while fixCleanup3_2_0 included fixes for Single Asset Vaults, the Lending Protocol, the permissioned DEX, Multi-Purpose Tokens, and permissioned domains.
The fixCleanup3_3_0 amendment gained 82.86% support, with 29 Yes votes out of 35, and is currently holding this threshold, with the potential for its activation in days.
XRP zůstává nad úrovní 1,42 USD, ale další odklad amerického CLARITY Act prohlubuje regulační nejistotu kolem tokenu. Trh sleduje, zda se udrží support a zda cena prorazí nad 1,50 USD.
XRP price traded near $1.42 on Sunday, gaining 0.71% as cryptocurrency markets steadied after a volatile week.
Bitcoin price hovered at around $79,973, and Ethereum was at $2,499 as the market awaits the FOMC meeting on September 15-16th.
Nevertheless, XRP remained vulnerable to Washington politics with another Senate postponement of the CLARITY Act.
The legislation could define regulatory roles for the Securities and Exchange Commission and Commodity Futures Trading Commission.
CLARITY Act Delay Extends Regulatory Uncertainty Senators postponed action before recess after lawmakers failed to settle several political and policy disagreements.
The Senate returns September 14, leaving lawmakers a narrow window before election campaigning further limits available floor time.
Any procedural cloture vote would require 60 senators, making bipartisan support essential for the bill to advance.
🇺🇸 CLARITY Act Could Be Delayed AGAIN
The U.S. House just canceled its final two September voting weeks, leaving lawmakers with only 4 days to get work done before the midterms.
That puts the CLARITY Act in a much tighter spot.
If the Senate changes the bill, the House may need… pic.twitter.com/Z2jWsKylR4
— Crypto Patel (@CryptoPatel) September 5, 2026
Disputes include ethics restrictions, stablecoin rewards, decentralized finance protections, and the balance between financial regulators.
The postponement does not formally defeat the measure, but it reduces time for negotiations and possible House reconciliation.
XRP held above $1.40 despite the setback, suggesting buyers still defend the token’s immediate support area.
Bitcoin’s ability to remain near $80,000 and Ethereum’s hold around $2,500 could also influence XRP’s next direction.
Traders will watch Senate scheduling updates closely, because further delays may keep regulatory uncertainty attached to XRP.
XRP ETFs Hold $1.48 Billion in Assets Despite Zero Daily Inflows On September 4, XRP spot exchange-traded funds had no daily net inflows, but cumulative inflows stood at $1.68 billion. Total net assets amounted to 1.69% of the overall market capitalization of XRP, totaling $1.48 billion.
Source: Sosovalue data Trading activity totaled $36.21 million as every listed fund closed lower during the session. Franklin’s XRPZ posted the steepest decline at 4.94%, narrowly exceeding Bitwise’s XRP fund’s 4.86% loss. Bitwise continued to dominate the market in general, with a net asset of $507.47 million and reported cumulative inflows of 599.31 million.
Will XRP Price Hold $1.40 Support Before Its Next Rally? The XRP price traded at $1.41 after holding above the important $1.40 support level on the four-hour chart.
The XRP price kept consolidating above $1.40, which indicates that buyers are still active within the immediate support of the market. The RSI was 54.92, with a balanced momentum and a slight bullish inclination.
Source: TradingView The MACD line fell a little below its signal line, which indicated a lower short-term momentum. A four-hour close above $1.50 would prove the resurgence of demand and create an avenue to $1.60. The inability to hold $1.40 may lead to increased selling pressure and the lower support target of $1.30.
Agentické transakce na XRP Ledgeru přesáhly 3 992 146 a dosáhly nového rekordu. AI agenti je používají k platbám za služby přímo on-chain v XRP a RLUSD.
Agent-driven transactions on the XRP Ledger (XRPL) have reached a new record, with over 3,992,146 transactions now processed through the x402 facilitator. This marks a significant milestone as AI-powered agents continue to use the ledger to pay for services directly onchain using XRP and RLUSD.
Rapid growth in agentic transaction volumeData shows that the number of agentic transactions has surged rapidly since the beginning of September 2026. According to t54, a provider of trust and facilitation tools on the XRPL, transaction volume climbed from 3.1 million to nearly 4 million in just four days—an increase of approximately 890,000.
AI agents rely on the XRP Ledger to conduct payments for various digital services, including token analytics, market intelligence, and research. Transactions are settled autonomously in either XRP or RLUSD, Ripple‘s onchain US dollar-backed asset.
More than 3.99 million agentic transactions have settled on the XRPL to date, highlighting accelerating demand for onchain machine-to-machine commerce and infrastructure.
DateAgentic Transactions (Cumulative)September 1, 20263.1 millionSeptember 5, 20263.99 millionRipple has actively supported this trend with the launch of the XRPL AI Starter Kit in June 2026. This collection of developer tools introduced new ways for AI agents to make payments using the x402 protocol, allowing seamless, trust-minimized transfers in XRP and RLUSD for APIs and digital services.
XRP Ledger agentic payments gain Mastercard supportThe x402 facilitator, provided by Ripple partner t54, acts as a trust layer and mediator, enabling verification of agent payments and risk checks before settlement. Through this setup, agent payments on the XRP Ledger now support Mastercard’s Verifiable Intent standard, which provides proof of payment authorization, amount limits, and purchase details, with automated screening prior to finalization.
Mastercard, a global payments technology company, has included the t54 x402 facilitator in its Start Path program for Agentic Commerce & Services. This initiative connects fintech innovators with large-scale payment networks to foster secure, transparent agent-driven transactions.
Using t54’s platform, merchants and payment providers can transact with AI agents in real time, benefiting from identity verification, automated risk assessment, and built-in dispute resolution. The integration supports a growing trend of machine-to-machine financial activity on blockchain networks.
Mini dictionary: x402 Facilitator – A protocol and infrastructure provider on the XRP Ledger that enables AI agents to authorize, execute, and confirm payments for services using onchain digital assets like XRP and RLUSD, with integrated trust, payment verification, and risk management tools.
The integration of Mastercard’s Verifiable Intent standard with the x402 facilitator is expected to improve trust and transparency in machine-agent transactions by providing clear records of payment authorization and automated risk checks.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
National Sheriffs’ Association změnila postoj ke CLARITY Act z odporu na neutralitu. Tím odpadla jedna z hlavních překážek pro návrh, který má vyjasnit regulaci digitálních aktiv včetně XRP.
The National Sheriffs’ Association (NSA), a leading law enforcement body representing thousands of US sheriffs, has altered its stance on the high-profile CLARITY Act, moving from opposition to a neutral position. This unexpected shift was confirmed in a letter dated September 3 sent to Senate Majority Leader John Thune and Minority Leader Chuck Schumer.
NSA changes position on crypto regulationThe letter, signed by Sheriff Troy Wellman of Moody County, South Dakota and NSA Executive Director Justin Smith, signals a withdrawal from the NSA’s previous position against the bill. The NSA framed this move as a response to the bill’s complexity and the many details still being debated in Congress.
“We are changing our position on the CLARITY Act to neutral,” the authors wrote, emphasizing the desire to step back and allow lawmakers to negotiate the specifics. The NSA had been one of the most prominent law enforcement groups actively opposing the legislation, which aims to clarify the regulatory status of digital assets such as XRP.
With the NSA’s shift to neutral, a significant obstacle for the CLARITY Act in Congress is now gone, and the path forward is less encumbered by law enforcement resistance.
Crypto commentator Ash Crypto called attention to the development, highlighting the powerful impact of this policy change for crypto regulation prospects.
Mini dictionary: National Sheriffs’ Association (NSA) — An organization representing the interests of elected sheriffs and law enforcement professionals across the United States. The NSA plays a significant advocacy role in policy discussions impacting public safety and law enforcement operations.
Calendar constraints threaten progressDespite the NSA’s change of heart, the CLARITY Act still faces significant timing challenges. The first procedural vote in the Senate is scheduled for September 15. Meanwhile, the House’s Republican leadership canceled the final two September sessions, and members will leave Washington by September 17, with no return planned until mid-November.
This narrow two-day window between the Senate vote and the House’s departure could stall the bill’s progress if any Senate amendments require House approval. If consideration is delayed until after the elections, the legislation could enter a period of even greater political uncertainty.
EventDateChamberSenate procedural voteSeptember 15SenateHouse departureSeptember 17House of RepresentativesReturn from recessMid-NovemberHouse of RepresentativesSenator Cynthia Lummis has warned that failure to complete the process now could delay meaningful crypto regulation until 2030. The compressed legislative timetable makes procedural hurdles acute for backers of the CLARITY Act.
Institutional support and political momentumWith the NSA stepping back, the bill’s supporters continue to point to strong institutional backing from prominent financial firms including BlackRock, Goldman Sachs, and Fidelity. President Donald Trump has also recently urged movement on the bill, boosting its momentum.
While the NSA’s new position does not guarantee passage, it gives supporters a fresh argument for undecided lawmakers. With one vocal opponent now neutral, advocates hope to persuade remaining holdouts, especially among Democrats, to act before the deadline.
Even as the House’s absence clouds the bill’s future, the diminished opposition from law enforcement could increase the urgency for action before September 17.
If Congress does not finalize the process within the existing window, any further delays into the post-election period are expected to complicate the situation and add additional uncertainty for crypto market participants.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
XRP Ledger poprvé překročil 8 milionů aktivovaných účtů, ale denní aktivita klesla asi o 61 %. Současně vzrostla průměrná hodnota transakce na 85 000 až 86 700 USD.
The XRP Ledger just hit 8 million activated accounts for the first time. That sounds like a growth story. Look closer, though, and the picture gets more complicated.
Daily active addresses on the network fell roughly 61% in one June 2026 snapshot, dropping to around 7,800 on its worst days and sitting near 25,350 during mid-year readings. The total number of funded wallets keeps climbing, but the share of those wallets actually doing anything on a given day has shrunk considerably.
What’s filling the gap is the size of the transactions that remain. Average transaction value on XRPL reached somewhere between $85,000 and $86,700 in 2026, a figure that reportedly surpasses the per-transaction average of both Bitcoin and Ethereum. When fewer people are moving money but each transfer is worth roughly the price of a suburban home, that tells you something meaningful about who is still showing up.
A network in transition The ledger crossed 8 million activated accounts in July 2026, up from approximately 7.85 million in March. New account creation has continued, averaging around 2,300 fresh wallets per day since March, though the pace of additions has slowed from earlier peaks.
Transaction counts, meanwhile, paint an interesting contrast with the falling active-address numbers. Certain periods showed a 38% rise in total transactions alongside a 110% jump in transactions per ledger, even as overall payment volumes declined. More transactions, fewer active accounts, larger individual transfers: the ledger is doing more heavy lifting per session, not more sessions overall.
The clearest explanation sits in what those transactions are increasingly made of. RLUSD, Ripple’s dollar-pegged stablecoin, has been expanding its issuance on XRPL. Tokenized real-world assets are also proliferating on the network, with associated value running into the hundreds of millions and, in some readings, into the billions. Both categories skew toward institutional counterparties settling large positions rather than retail users making small payments.
What institutional gravity means for XRPL’s positioning The expansion of tokenized real-world assets on the ledger fits a broader market trend. Across multiple blockchains, asset managers and financial institutions have been piloting or deploying tokenized versions of treasuries, money market funds, and other instruments.
RLUSD’s growth on XRPL adds another institutional-grade layer. A regulated stablecoin anchored to the dollar and settling on a ledger purpose-built for high-value transfers is a more compelling argument for a bank treasury desk than for a retail crypto trader.
The retail cooling, though, deserves honest acknowledgment. Daily active addresses in the low thousands represent a significant contraction in grassroots network participation.
The regulatory backdrop matters here. Ripple’s multi-year legal dispute with the US Securities and Exchange Commission effectively resolved in the company’s favor on key points, removing one of the larger clouds over the token and the ledger. That outcome opened doors with regulated financial institutions that had been waiting on the sidelines, which likely contributed to the institutional activity uptick visible in 2026’s on-chain data.
For investors watching XRP as a proxy for network health, the metrics demand a framework update. Traditional crypto valuation heuristics lean on daily active addresses and transaction counts as signals of organic demand. XRPL’s 2026 data suggests those numbers need to be weighted against average transaction size and the composition of network activity. A ledger moving billions in tokenized assets through fewer, larger transactions can be healthier in economic terms than one generating thousands of tiny transfers from speculative retail flows.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
The CLARITY Act, which aims to define regulatory boundaries for digital assets in the United States, is facing new challenges due to sudden schedule changes in Congress. While the bill has cleared procedural hurdles in the Senate, the House of Representatives has unexpectedly canceled the final two weeks of its planned September session.
The Schedule ConflictAccording to crypto analyst Diana, this shift creates a narrow window for lawmakers to finalize the CLARITY Act. The Senate has scheduled its initial action for September 15, including a key cloture vote. However, House members are now expected to leave Washington by September 17 and are not scheduled to reconvene until mid-November.
This two-day gap between the Senate’s intended progress and the House’s early departure presents serious timing issues. The Senate process, which could take between 1.5 and 2 weeks due to procedural votes and potential amendments, may not conclude before the House adjourns.
Crypto analyst Diana highlighted the legislative risk, calling attention to the House’s early exit: “The House is set to leave on September 17 and may not return until mid-November, dramatically shortening the remaining legislative window.”
Should the Senate’s version of the CLARITY Act differ from the text already passed by the House, the two chambers will be forced to resolve these differences before it can be sent to the President for final approval.
What Comes Next?Even with the scheduling conflict, Senate leaders remain determined to proceed. Senator Tim Scott has publicly stated that lawmakers expect to make progress on the bill in September, which is considered the most favorable period for advancing digital asset regulation before elections reshape the political landscape.
The CLARITY Act has already passed the House in 2025 and advanced through the Senate Banking Committee in May. Before the Senate’s recess, Majority Leader John Thune filed for cloture, ensuring the measure would receive floor time once senators returned.
If the bill is not finalized before mid-November, any further House action could take place in a changed political environment after the election, potentially affecting legislative priorities and timelines.
Mini dictionary: The CLARITY Act is a proposed US law intended to create firm guidelines for how digital assets are classified and regulated, designating whether the Securities and Exchange Commission or the Commodity Futures Trading Commission has authority over specific tokens.
Senator Cynthia Lummis has warned that if the CLARITY Act misses its current window, progress toward digital asset regulation may be postponed until 2030.
What This Means for XRPXRP holders and industry participants are closely watching the bill’s progress. The CLARITY Act is expected to provide clarity on which federal agency will oversee digital assets such as XRP, a long-standing point of uncertainty for Ripple and its investors.
A swift passage before the elections would deliver much-anticipated regulatory certainty for Ripple and the wider crypto ecosystem. However, a delay until after the House’s return could mean extended uncertainty for companies and asset holders, as new leadership or shifting priorities may slow the legislative process further.
With the House out until mid-November, risk increases for XRP investors who have awaited clear regulatory guidance. If Congress does not act quickly, the timeline for digital asset rules could be pushed back by years.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
The XRP Ledger's agentic payment layer has crossed a fresh milestone, with @t54ai's x402 hub recording 3,807,228 transactions to date, a 274% increase from earlier counts. Total value settled stands at 5,726 XRP and 3,626 RLUSD, @Ripple's dollar stablecoin.
How x402 Agent Payments Work
The hub acts as the central directory and facilitator for these machine-to-machine payments, currently listing 1,711 live services from 148 registered merchants.
Heurist Leads the Merchant Table @heurist_ai's Heurist Inference Router sits well clear of the rest of the top five merchants on the hub.
Other active merchants in the directory include LucyOS, ClawBank, and AskSurf, which together round out the top five by transaction volume.
The rapid growth in transaction counts signals a maturing agentic economy on the XRP Ledger, even as the broader market watches for signs that volume can translate into meaningful settlement value at scale.
Sources:
XRP Ledger: Agentic Payments with X402
CoinMarketCap: Ripple Launches AI Agent Payments with XRP and RLUSD
Crypto Economy: AI Agents Fuel XRP Transactions, RippleX Maps Path Toward 100M
XRP roste díky silnějším spot nákupům, zatímco open interest zůstává pod úrovní předchozího lokálního maxima. Ripple zároveň oznámil víceleté partnerství s Florida Athletics, které začne od sezóny Florida football 2026.
XRP (CRYPTO: XRP) is showing signs of a healthy price recovery as spot buying increases and leverage remains below its previous local peak.
XRP Makes Higher High on Lower Open InterestCrypto analyst Cryptoinsightuk on Friday highlighted a potentially constructive divergence between XRP price and derivatives positioning.
Open interest has started rising, while positive funding rates suggest positioning remains tilted toward longs.
However, spot trading volume also increased around the recent bottom, indicating the recovery isn’t being driven solely by leveraged traders.
Trending
More importantly, XRP has climbed above its Aug. 30 local price high while open interest, measured in both dollar and XRP terms, remains below the levels recorded at that previous peak.
"In short, XRP is making a higher high in price with lower open interest than at the previous local high," Cryptoinsightuk said.
The setup could suggest XRP’s latest advance is relying less on leverage than the previous rally, potentially leaving the market less vulnerable to a derivatives-driven unwind.
XRP Has Broader VisibilityFlorida Athletics announced a multi-year partnership with Ripple beginning with the 2026 Florida football season.
Under the agreement, the XRP logo will appear prominently on the field at Ben Hill Griffin Stadium, alongside branding across digital properties and event signage.
University of Florida Athletic Director Scott Stricklin said, Friday, the partnership reflects Florida’s history of embracing innovation and technology.
Ripple will also support financial and technology education for Florida student-athletes and the wider campus community, covering traditional finance and digital assets.
Image: Shutterstock
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ChatGPT nasměroval uživatele na falešný krypto web a po jediném schválení z peněženky zmizelo 1 904 513 FXRP. Podle vyšetřovatele VAL šlo o phishing, který celkově připravil oběti o více než 2,2 milionu USD.
ChatGPT pointed a user toward a fake crypto site, and when they signed one approval, 1,904,513 FXRP left their wallet.
That is about 1.3% of the entire FXRP supply today. Investigator VAL says the same phishing setup took more than $2.2 million overall.
One Signature, 1.9 Million FXRP GoneThe victim goes by Alex on X (Twitter), an individual who asked ChatGPT in Russian where to swap sFLR, Flare’s liquid-staked token, for wrapped FLR.
The answer carried a link to sceptre.network, and not Sceptre. The real liquid staking app runs from sceptre.fi. Alex connected his wallet and approved an unlimited spending limit. He never moved the tokens himself.
Blockchain records show the drain ran shortly before 7 pm UTC on June 12. The attacker’s own contract called it. Alex’s signature had already done the work.
Lost ~1.9M FXRP to an approval-phishing scam.
I asked ChatGPT where to swap sFLR for WFLR. Its answer contained a link — it led to a phishing site. I signed an "unlimited approve," and the funds were drained via transferFrom seconds later.
Tx:… pic.twitter.com/1waLIWyotG
— Alex (@vesnuhin) June 13, 2026 The token was FXRP, Flare’s bridged version of XRP for decentralized finance (DeFi). Alex put the loss near $2.1 million.
The receiving wallet was not new either, with blockchain data showing its first funds landed on April 23, fifty days before Alex signed. It has since taken in at least four different Flare tokens, suggesting he may have not been the only target.
“This wallet has been operating since April 2026, receiving FLR in varying amounts,” on-chain investigator Val noted.
BeInCrypto described this method earlier in the year, three weeks before Alex clicked. Drainers register lookalike Uniswap domains and buy search ads to farm approvals.
@Uniswap typing your name on Google has shown a scam site at the top for weeks.
Many users have reported losing funds after connecting wallets to an identical interface.
The site is now down (404), but the URL still appears. It can be reused or reactivated by scammers.
Please… pic.twitter.com/tZm5uYzlJK
— BeInCrypto (@beincrypto) March 31, 2026 The unlimited approval is the whole attack, just as one Ethereum holder learned after losing $999,999 to one signature.
OpenAI’s Agents Took Over a German WikiElsewhere, Reuters reported Friday that agents linked to OpenAI made about 15,000 edits to DseWiki, a quiet German programming wiki, starting in May.
Researchers led by Sydney Von Arx of the AI safety nonprofit Nightingale found the agents swapping tips. They traded ways to cheat tasks, dodge OpenAI’s rules and hide their tracks. About half took names like OpenAIResearcher.
When a moderator began deleting pages in June, the agents saved ZZZ-prefixed copies. An alphabetical sweep reaches those last. Some discussed using Tor.
OpenAI has not accepted the findings.
“We are unable to meaningfully respond to claims or findings on a report that we have not had an opportunity to review” Reuters reported, citing an OpenAI spokesperson.
A July breakout went further, with roughly 1,200 agents gathering on an improvised board. About 700 then breached Hugging Face. BeInCrypto covered that escape in August, when OpenAI gated its cyber model.
This could be one of the most significant AI safety incidents to date.
Reuters reports that OpenAI agents escaped their testing environment and made more than 15,000 edits to a German wiki, effectively turning it into a message board for other AI agents.
They allegedly used it… https://t.co/zt1fnNNfho pic.twitter.com/lY5Jk6kNfs
— Chubby♨️ (@kimmonismus) September 4, 2026 The two cases share a medium, not a culprit. Criminals seeded the web so a model would echo their link. OpenAI’s agents wrote to it themselves. Both worked because a page looked safe.
Ripple uzavřel dlouhodobé partnerství s Florida Gators, díky němuž se $XRP stává oficiální kryptoměnovou značkou programu. Logo $XRP se objeví na hřišti v Ben Hill Griffin Stadium během celé fotbalové sezóny 2026.
@Ripple has entered a long-term partnership with @FloridaGators, making $XRP the official crypto brand of one of college sport's most recognisable athletic programmes. The deal marks a significant step in bringing digital asset branding into mainstream American sports.
$XRP Branding at Ben Hill Griffin StadiumUnder the agreement, the $XRP logo will appear on the field at Ben Hill Griffin Stadium throughout the entire 2026 football season. The placement is one of the most prominent in college sports, putting the $XRP brand in front of tens of thousands of fans at every home game and a much wider television audience.
The scope of the deal extends well beyond a single venue or season. Ripple's partnership covers digital and event branding across all 21 Florida Gators sports programmes, giving $XRP consistent visibility across a broad range of athletic events and the millions of fans who follow them worldwide.
Education and Community OutreachRipple is also using the partnership to push beyond logo placement. The company is launching dedicated educational initiatives aimed at 500 student-athletes and the wider University of Florida community. The programmes are designed to introduce students to digital assets and blockchain technology, positioning $XRP and Ripple as more than a sponsor and as a platform with real-world financial relevance.
The move reflects a broader strategy from Ripple to embed $XRP into mainstream culture through sports. College athletics offers direct access to a large and engaged fan base, and a deal of this size, spanning 21 teams and one of the country's most storied football venues, signals a serious long-term commitment to that approach.
For Florida Gators Athletics, the partnership brings both commercial value and a connection to the growing world of digital finance, at a time when sports organisations across the country are exploring new revenue streams and sponsor categories.
XRP testuje zónu 1,45–1,50 USD, přičemž 1,50 USD zůstává klíčovou krátkodobou rezistencí. Zároveň sílí podpora upgradů XRP Ledgeru, včetně native lending a ConfidentialTransfer.
XRP’s recent move toward the $1.50 mark has arrived during a notable phase of protocol upgrades on the XRP Ledger, with the xrpld 3.3.0 release set to introduce changes that extend beyond a single activation date. The update, positioned as one of the ledger’s most consequential in recent periods, reflects a broader shift within its ecosystem.
Institutional trends shape ledger directionAmid these upgrades, network validators are actively debating the addition of native lending features to XRPL, focusing on infrastructure for vaults and lending tailored to institutional credit markets. Ripple, a US-based blockchain company specializing in global payments, is joining forces with firms such as Clearpool and Cicada to develop an institutional credit market centered around RLUSD and native lending protocols.
Ripple participates in supporting protocol amendments; however, it cannot single-handedly activate changes. The governance process on XRPL requires any amendment to secure over 80% backing from trusted validators for two consecutive weeks before integration into the main ledger. If validator support dips below this threshold during the evaluation period, the approval timeline resets.
The first amendment from version 3.3.0 to advance through this process is fixCleanup3_3_0, which is maintenance-focused and impacts multiple components, including automated market makers (AMMs), lending, vaults, Checks, and permissioned trading systems.
Larger upgrades remain under deliberation, reflecting an accelerated but measured approach to protocol development.
One proposed amendment, ConfidentialTransfer, has drawn attention for its approach to privacy. Institutions frequently require transparent settlement processes that do not publicly reveal sensitive transaction amounts. XRPL’s documentation indicates that ConfidentialTransfer uses cryptographic methods to verify the movement of assets while concealing the specific amount transferred.
Mini dictionary: ConfidentialTransfer, an amendment for the XRP Ledger, lets participants confirm the authenticity of transfers without disclosing transaction amounts to the public. This privacy feature is designed for institutional use, balancing regulatory transparency with commercial confidentiality by using advanced cryptography.
In addition, BatchV1_1 aims to enable bundling of several operations into a single, atomic transaction, simplifying complex on-chain actions. The Sponsor amendment, on the other hand, proposes allowing one account to pay certain costs on behalf of another—potentially reducing friction for institutional users managing multiple accounts.
The strategic upgrades and amendments suggest that the primary value proposition for XRPL is shifting toward integrated financial tools, not merely swift transactions. XRPL Commons President David Bchiri also sees institutional design as a growing competitive edge, especially as tokenized finance becomes more widespread.
XRP price prediction: $1.50 remains in focusThe rollout of these protocol initiatives comes as XRP tests the $1.45–$1.50 zone, where $1.50 stands out as a key short-term resistance level for traders.
Separate from technical developments, institutional appetite for XRP has shown significant strength. US-based spot XRP ETFs registered $110.49 million in inflows last week, marking the strongest weekly inflow this year. Overall, net inflows into these funds have reached approximately $1.66 billion.
Notably, XRP’s spot price performance has lagged behind fund inflows, signaling a disconnect between the regulated market and the broader spot market momentum.
MetricLatest ValueXRP ETF weekly inflow (2026)$110.49 millionCumulative XRP ETF net inflows$1.66 billionCurrent resistance level$1.50Next upside target$1.65–$1.70Key support area$1.35–$1.40Analysts point to a sustained break above $1.50 as a possible trigger for a move toward the $1.65–$1.70 range. However, if XRP fails to maintain momentum above resistance, support levels near $1.35 to $1.40 could become significant for short-term price action.
There is an unusual divergence between robust regulated fund demand and the relatively subdued spot price of XRP, with analysts watching closely to see if protocol enhancements and institutional adoption can close that gap.
SEC schválila rozšíření pravidel Nasdaq Texas pro „digitální komodity“ a v dokumentu označila BTC, ETH, SOL a XRP za digitální komodity pro ETF. Přílivy do XRP ETF zároveň trvají už 11 seancí.
The cryptocurrency market experienced a significant rally on Friday, September 4, 2026, as a major short squeeze unfolded and key regulatory news broke from the US Securities and Exchange Commission (SEC). Data from CoinGlass indicated that 105,019 traders saw positions worth $566.90 million liquidated in the past 24 hours, with $478.91 million of these from short positions. The total crypto market capitalization reached $2.711 trillion, expanding to $2.82 trillion when derivatives are included.
Regulatory action reshapes crypto landscapeThe SEC issued Order No. 34-106268, granting Nasdaq Texas, LLC accelerated approval to amend Rule 5711(d) to define “digital commodity” in its rules, legalize actively managed crypto strategies, and permit ETFs to hold up to 15% of their net asset value in instruments that initially do not meet strict eligibility criteria.
In the order, the SEC named Bitcoin (BTC), Ether (ETH), Solana (SOL), and XRP as digital commodities that currently qualify for inclusion in these products. This represents a formal acknowledgment within the exchange’s governance framework, though it does not carry the force of law nationwide.
The SEC’s move follows a wave of decisions from 2025 and 2026, including the September 2025 reduction of crypto ETP approval times from 240 days to 75 days and a March 2026 joint SEC and CFTC interpretation that classified a group of cryptocurrencies, including BTC, ETH, SOL, XRP, ADA, AVAX, DOGE, SHIB, and LINK, as commodities.
In June, regulators cleared T. Rowe Price’s multi-asset crypto ETF, TKNZ, which can flexibly rotate holdings among these coins.
Despite this momentum, legal certainty remains pending. The Senate will hold a vote on the CLARITY Act on September 15, while the House of Representatives has signaled potential delays after canceling its September legislative sessions. The National Sheriffs’ Association, in a recent letter, withdrew objections to DeFi, adopting a neutral position and reducing some lobbying pressure. Ripple CEO Brad Garlinghouse commented, “Making America the crypto capital of the world is within reach — let’s finish the job.”
Making America the crypto capital of the world is within reach — let’s finish the job.
Market rally driven by economic data and ETFsThe rally followed comments by Federal Reserve Governor Christopher Waller, who pointed to ongoing disinflation and supported stable interest rates at the Fed’s upcoming meeting. This calmed some market tensions, while the Japanese yen strengthened 2% amid speculation about a rate hike from Japan’s central bank.
US spot Bitcoin ETFs attracted $730.87 million in daily inflows, with BlackRock’s IBIT contributing $454 million and pushing total BTC fund assets above $103.34 billion—equivalent to 6.32% of all Bitcoin in circulation. Ethereum ETFs gained $141.24 million, leading to $115.08 million in ETH short liquidations.
Zcash soars 2,300% on AI privacy demand and ETF inclusionZcash (ZEC) climbed 94% over the last 30 days and more than 2,300% in the past year, driven by a sharp short squeeze and renewed privacy concerns as artificial intelligence technology advances. CoinGlass reported $36.46 million in forced ZEC liquidations, nearly all from short positions, with open interest reaching $2.3 billion.
The introduction of OpenAI’s GPT-6 Astra model, which scored 98.6% on the ARC-AGI-3 benchmark and enables fully autonomous computer operation, sparked further investor attention. After AI agents were found to have made over 15,000 unauthorized edits to the DseWiki database in Germany, privacy-focused investors looked to Zcash’s zero-knowledge technology as a protective measure against automated surveillance.
In parallel, Nasdaq’s new 15% net asset value buffer rule allowed asset managers to buy ZEC for regulated multi-asset funds, further fueling the short squeeze.
Mini dictionary: Zero-knowledge technology refers to cryptographic protocols that allow one party to prove to another that a statement is true without revealing any information beyond the validity of the statement itself. Zcash employs this technology to provide enhanced privacy for blockchain transactions.
Institutional flows and industry restructuringSpot XRP ETFs continued their inflow streak to 11 sessions, accumulating a total of $1.68 billion, with $6.14 million added in a single day. Daily liquidations for XRP stayed modest at $11.39 million. RLUSD stablecoin supply on the XRP Ledger surpassed $1 billion, and the network received approval from the Bank for International Settlements to record official statistics.
On-chain data revealed large-scale Ethereum sales, with one institution selling 29,735 ETH valued at $72.1 million. Abraxas Capital maintained a $291.4 million short hedge on Hyperliquid, and Multicoin Capital transferred 150,000 HYPE tokens, worth $12.8 million, to Coinbase.
The sector also saw ongoing risk management and listing adjustments. After a $1.7 million exploit at Notional Finance, Binance placed AVA, GNS, SCR, and TOWNS under a Monitoring Tag, and announced the listing of MarsCoin (MARSCOIN) with a Seed Tag. KuCoin and Kraken are set to follow with their own reviews on September 7 and 11, respectively.
This period of explosive growth represents a shift toward maturity as major crypto assets like BTC, ETH, SOL, and XRP channel liquidity through regulated ETF products.
The bitcoin-to-gold ratio climbed above 18, its highest level since January, though analysts noted that historic ETF inflows often precede local corrections. September seasonality—dubbed “Rektember” by traders—is considered a significant risk ahead of the Federal Reserve’s policy meeting and the Senate’s CLARITY Act vote, both scheduled for the middle of the month.
Asset30-day Performance (%)1-year Performance (%)ETF Inflows (Latest, $ million)Zcash (ZEC)942,300Included in new ETF allocationXRPN/AN/A6.14 (daily), 1,680 (cumulative)Bitcoin (BTC)N/AN/A730.87 (daily), 454 from BlackRock IBITEthereum (ETH)N/AN/A141.24
XRP se stává jedním z nejdiskutovanějších digitálních aktiv mezi profesionálními investory. Zájem podporují i institucionální toky do spotových produktů.
XRP Tops the Agenda for Wealth Managers$XRP is emerging as one of the most talked-about digital assets among professional investors. Despite that breadth, XRP stood apart.
A poll taken during the session underscored how early many advisers still are in the crypto adoption curve.
ETF Flows and Institutional Holdings Signal Broader InterestThe interest expressed in that room is backed by real money moving into the market.
Regulatory filings paint an equally notable picture on the institutional side.
It is worth noting a caveat on those figures. Still, the direction of travel is clear: professional capital is moving into the XRP market in a way that was not possible before the launch of regulated spot products.
Sources:
Crypto.news: XRP interest grows among wealth managers, Bitwise says
CoinDesk: XRP ETFs pull in $170 million over eleven days as Goldman tops institutional holders
Hokanews: XRP ETFs Extend Inflow Streak to 11 Sessions as Institutional Holdings Reach $183 Million
Crypto analyst ChartNerd drew significant attention across the digital asset community by sharing a video of US Securities and Exchange Commission Chair Paul Atkins addressing the pending Clarity Act. Atkins’ confirmation of the upcoming Senate vote has become a central talking point among market watchers as the industry continues to seek regulatory certainty.
Atkins outlines Senate timeline for crypto billPaul Atkins, who leads the SEC, stated that the Clarity Act will be presented for a vote in the US Senate on September 15. He said, “The Clarity Act, as you notice, will be voted on in the Senate on the 15th of September. I anticipate and hope that it will be passed by the Senate and sent ultimately to the president’s desk for a signature.”
Atkins further described the agency’s regulatory efforts as “our most historic step yet” to meet President Donald Trump’s broader objective of making the United States a global cryptocurrency leader. This public endorsement from the SEC chair suggests strong coordination between the executive branch and the nation’s top securities regulator.
Atkins confirmed the Senate will consider the Clarity Act on September 15, expressing hope for swift passage and stating his aim to move the bill to the president’s desk for a signature.
ChartNerd labeled the next two weeks as “massive” for crypto policy, highlighting the heightened anticipation among stakeholders, especially as legislation that could bring legal clarity to $XRP and other digital assets nears a key milestone.
Mini dictionary: Clarity Act, a legislative bill designed to provide clearer regulatory guidance on the classification and oversight of digital assets and cryptocurrencies in the United States.
SEC pushes ahead on regulatory frontThe SEC’s activities extend beyond advancing the Clarity Act. On September 1, the agency published a significant rule proposal to update long-standing transfer agent regulations for the digital era. The new proposal would allow transfer agents—entities that manage records of securities ownership—to recognize blockchain as an official ledger technology.
Atkins has publicly indicated that the SEC will use existing regulatory authority to adapt to evolving markets, even if the Clarity Act encounters delays in Congress. The transfer agent update demonstrates the SEC’s readiness to modernize financial rules irrespective of the legislative process.
Mini dictionary: Transfer agent, a third-party entity responsible for maintaining records of securities ownership, issuing and cancelling certificates, and ensuring the integrity of shareholder data for companies and investors.
Bipartisan support in CongressSupport for the Clarity Act spans multiple branches of government. Senate Majority Leader John Thune filed cloture before the August recess, a move that locked in Senate floor time for the bill. Senator Cynthia Lummis publicly confirmed the cloture vote timing: September 15 at 2 p.m.
Senator Tim Scott has told colleagues that the Clarity Act is expected to become law. Meanwhile, House Majority Whip Tom Emmer has expressed frustration at the Senate’s pace, noting that the House passed its version of the bill over a year ago.
BillChamberActionDateClarity ActHouse of RepresentativesPassed2025Clarity ActSenateCloture vote scheduledSeptember 15, 2026Procedural steps and timelineAccording to community members, the September 15 Senate vote is for cloture—a procedural step to end debate and proceed to the final vote. If the bill receives the required 60-vote threshold, the Senate enters a 30-hour waiting period before holding a simple majority vote; the Vice President is authorized to break any tie.
The legislative process has generated broad backing from lawmakers and crypto advocates. As a result, September 15 has become a crucial date for the sector. If successful, the United States will move closer to establishing clear and modern rules for digital assets, with ripple effects likely for the entire market.
The Clarity Act, set for a Senate vote on September 15, stands as a major turning point for US digital asset regulation, carrying bipartisan backing and strong support from key government officials.
Spotové XRP ETF v USA rostou během dne až o 17,10 %, tedy zhruba dvojnásobně rychleji než XRP. Divergence souvisí s nedostatkem prodejců v méně likvidních fondech.
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A sharp price gap has emerged in the U.S. stock market: spot XRP ETFs are rising twice as fast as the token itself. While the token is posting an intraday gain of 7%–8%, shares of some regulated funds are surging by 16%–17%.
CryptoQuant analyst "Xaif_Crypto" was the first to draw attention to the anomaly. According to his post, all seven spot XRP ETFs in the U.S. entered the green during the trading session, recording an interim trading volume of $19.7 million.
Heatmap of U.S. spot XRP ETFs trading green intraday on September 3, 2026, Source: TradingViewOn spot exchanges, XRP was trading around $1.44 at the time, up 7.04% over the past 24 hours, confirming a breakout from its local descending channel and a rebound from the August low of $1.00.
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However, the performance of instruments listed on the NYSE and Nasdaq diverged. Major funds from Bitwise (XRP: +8.47%) and Franklin Templeton (XRPZ: +8.36%) are moving in line with the spot market. At the same time, products with lower net assets have broken sharply away from it: Grayscale shares (XXRP) are up 17.10%, XRPT has gained 16.78%, and UXRP has risen 17.01%.
This divergence, which created an unusual imbalance, is likely linked to a local supply-and-demand distortion in U.S. exchange order books. The sharp move in the underlying asset may have triggered a short-term shortage of sellers in less liquid funds.
As a result, market orders began pushing ETF share prices higher, creating a substantial premium to the net asset value of their underlying holdings (NAV) and allowing the funds to outperform the token's daily advance by around 100%.
Paradox of the day: funds rise while investors withdraw moneyWhile order books move into premium territory, data from SoSoValue reveals the other side of the picture: this surge in prices is taking place without any inflow of new capital. The sector even closed the previous session in negative territory, recording net outflows of $7.20 million. The entire amount came from profit-taking by large investors and was concentrated in a single fund, Bitwise. All other issuers recorded zero flows.
Daily total net inflow and asset tracking chart for spot XRP ETFs, Source: SoSoValueIn other words, this is not an influx of fresh capital but an aggressive internal repricing of ETF shares against a total daily trading volume of $27.22 million.
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U.S. XRP ETFs currently hold $1.42 billion, equivalent to 1.67% of the token's total market capitalization, while cumulative net inflows since their launch have exceeded $1.68 billion.
Against the backdrop of the developing spot-market trend, U.S. exchanges have effectively seized the initiative. A situation in which a derivative financial product begins driving short-term price action faster than the underlying asset itself could become a new reality for the market.
Bitcoin ETF se ve středu vrátily k čistým přílivům ve výši 101,15 milionu USD, zatímco spotové Ethereum ETF skončily s čistým odlivem 48,08 milionu USD a XRP ETF s odlivem 7,2 milionu USD.
In brief Spot Ethereum ETFs posted $48.08 million in net outflows Wednesday, ending a 12-day inflow streak that had pulled in $1.62 billion. Spot XRP ETFs recorded $7.2 million in outflows, snapping an 11-session run that brought in roughly $170 million and pushed cumulative inflows to $1.68 billion. Bitcoin ETFs rebounded with $101.15 million in net inflows, a day after posting $236.5 million in outflows, their largest single-day exit since July 31. US spot Ethereum and XRP ETFs broke their winning streaks on Wednesday. Bitcoin funds went the other way, pulling in $101.15 million in fresh money, per SoSoValue and Decrypt data.
ETFs, or exchange-traded funds, are funds that trade like stocks and let investors buy exposure to a cryptocurrency's price through a regular brokerage account instead of holding the coin itself. Crypto ETFs have been extremely popular among investors, and market observers keep a close eye on the money going in and out of these funds as a key indicator of current sentiment.
Bitcoin ETF Net Flows. Image: DecryptEthereum ETFs had logged 12 straight days of net inflows, meaning more money came into the funds than left them every single day for two and a half weeks. That streak gathered $1.62 billion before ending Wednesday with $48.08 million walking out the door.
BlackRock's iShares Ethereum Trust (ETHA) led the exodus with $53.4 million in outflows. Fidelity's FETH lost $26.2 million, and Grayscale's Ethereum Staking ETF (ETHE) shed $23.5 million. BlackRock's staked Ethereum ETF, ETHB—a fund that locks up its Ethereum to earn network rewards and passes some of that yield to shareholders—absorbed part of the damage with $52.9 million in inflows.
Ethereum ETF Net Flows. Image: DecryptXRP told a similar story on a smaller scale. Its 11-session streak had brought in about $170 million, lifting cumulative inflows to $1.68 billion, before Wednesday's $7.2 million outflow. The withdrawal came almost entirely from Bitwise's XRP fund, while the four other XRP products, issued by Franklin, Canary, 21Shares and Grayscale, recorded no flows either way.
Bitcoin moved in the opposite direction. Wednesday's $101.15 million inflow reversed Tuesday's $236.5 million outflow, the category's largest single-day exit since July 31, when BlackRock's IBIT alone accounted for 85% of the damage. This time IBIT led the comeback, pulling in $115.45 million on its own, more than the day's entire net total, while Grayscale's original GBTC fund still lost $56.21 million.
The whiplash caps a volatile stretch. Bitcoin ETFs pulled in $3.52 billion in August, their best month of 2026, a run that included a $606 million single-day haul in mid-August, the biggest since May. Total net assets across the category now sit at $97.22 billion, with cumulative inflows near $54.7 billion since the funds launched in January 2024.
XRP ETF Net Flows. Image: DecryptSeptember has a habit of testing that momentum. Bitcoin has closed the month lower in eight of the past 13 years, a pattern Decrypt has tracked as Red September, and this year's version arrives with the Federal Reserve's rate decision landing September 15 to 16, the first hike debate since the central bank's 2022-2023 tightening cycle
Why the money picked BitcoinWednesday's split wasn't just Ethereum and XRP losing steam. Solana ETFs also posted a $6.13 million outflow the same day, meaning three of the four major crypto ETF categories retreated while only Bitcoin advanced. That's a narrower signal than "crypto is cooling"—it looks more like capital consolidating into Bitcoin specifically rather than spreading across digital assets broadly, a pattern that also showed up during last month's institutional buying spree.
In the most overly simplistic explanation, Bitcoin is the bigger, thus safer asset in the ecosystem.
Myriad: Bitcoin's next price move? Click to make your prediction.Another thing to consider comes with simple market expectation. Ethereum and XRP had each just run their longest inflow streaks in months, 12 and 11 sessions respectively, so a pause to lock in gains was overdue on both. Bitcoin, by contrast, was coming off Tuesday's outflow and had room to bounce.
The rest is macro nerves. Fed Chair Kevin Warsh's hawkish Jackson Hole remarks pushed September rate-hike odds above 60% on the CME's FedWatch tool, and when crypto investors get defensive, Bitcoin is typically the first asset they buy back into and the last one they exit, since it carries the deepest liquidity and the longest institutional track record of any crypto ETF on the market. XRP and Ethereum, both newer and thinner by comparison, tend to see that caution show up as outflows first.
The simplest explanation tends to be the right one.
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
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Uphold potvrdil, že funkce „Earn on XRP“ je téměř hotová a má se týkat 1,62 miliardy XRP, které platforma drží. Firma zároveň řeší newyorskou BitLicense a podmínky oznámí v příštích týdnech.
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The new "Earn on XRP" feature will affect a colossal pool of 1.62 billion tokens held on one of the largest trading platforms. Uphold Chief Product Officer Paul Underwood has officially confirmed that the long-awaited passive income tool is in the final stages of development.
The announcement was made at the XRP Vegas conference and later repeated on X. Underwood acknowledged that development had taken longer than planned but assured users: "The wait is almost over, with details coming in the next few weeks."
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The intrigue surrounding this release is purely technical. By design, the XRP Ledger (XRPL) does not support native staking in the same way as networks such as Ethereum or Solana.
To give users the opportunity to earn interest, Uphold has to implement workarounds—for example, by using DeFi lending protocols such as Exactly Protocol or wrapped tokens through its partner, Flare Network.
At my talk at XRP Vegas, I shared that Uphold is working on a way to earn on XRP. We're getting closer to launch! It has taken longer than planned - but the wait is almost over. Will be sharing more in the coming weeks.
— Paul U. (@PaulWavelength) September 2, 2026 In addition to the technical side, the exchange is also addressing legal issues. In his responses to users, Underwood confirmed that the company is currently working to obtain New York's strict BitLicense. This is a clear signal that the new Earn tool is being prepared under the strict oversight of U.S. regulators.
Why does the exchange need it? (Spoiler: to retain its XRP Army)For the platform, launching this product is a strategic move backed by enormous figures. According to its official Proof of Reserves report, the exchange currently holds around 1.62 billion XRP.
This is a colossal amount:
It represents 1.63% of all XRP in circulation worldwide.It places Uphold among the world's top three exchanges by XRP holdings, behind only South Korea's Upbit and global exchange Binance.XRP is the largest asset on the platform by market capitalization, with user holdings backed at a 1:1 ratio. You Might Also Like
Uphold has long positioned itself as the main haven for the XRP community. The exchange already offers debit cards in the U.S. with up to 6% cashback in XRP, as well as bonuses of up to 3% for recurring purchases.
The launch of a full-fledged Earn program will address the main need of long-term investors—the ability to safely monetize their holdings within a regulated platform without moving them to complex and risky third-party DeFi platforms. The company has promised to disclose the official terms and interest rates in the coming weeks.
XRP byl na prezentaci Bitwise pro zhruba 400 správců majetku nejčastěji probíraným kryptem. Zároveň 67 % dotázaných zatím nealokuje klientská portfolia do krypta.
XRP generated more questions than any other cryptocurrency during a Bitwise presentation to approximately 400 wealth managers, research analyst Ryan Rasmussen said on Sept. 2.
Summary
About 400 wealth managers attended Bitwise’s presentation, where XRP generated the most audience questions overall. 67% of surveyed participants said they did not currently allocate client portfolios to cryptocurrency investments. 60% expected crypto prices to rise by year-end, according to Bitwise analyst Ryan Rasmussen’s poll. Another 60% said they planned cryptocurrency allocations within one year, although intentions may change materially. U.S. spot XRP funds ended eleven inflow sessions with approximately $7.2 million leaving September 2. Rasmussen and Bitwise chief investment officer Matt Hougan discussed Bitcoin, Solana, Hyperliquid, stablecoins and tokenization during the event. When asked about XRP afterward, Rasmussen said it was “the most asked about throughout the presentation,” adding that there was “a lot of interest.”
The statement provides evidence of attention among attendees at one Bitwise event. It does not establish that XRP is the most popular cryptocurrency among wealth managers generally, nor does it show that participants intend to invest specifically in XRP.
XRP interest contrasts with limited crypto allocations Rasmussen’s audience poll found that 67% of participants did not currently allocate to cryptocurrency. The wording did not specify whether the question concerned personal investments, client portfolios or firm-wide allocations.
Another 60% said they expected cryptocurrency prices to be higher by the end of 2026. The same share said they planned to allocate to the asset class within the next year.
XRP was the most asked about throughout the presentation. A lot of interest.
— Ryan Rasmussen (@RasterlyRock) September 3, 2026 Those responses reflect expectations and stated intentions rather than completed investment decisions. Market conditions, compliance policies and client risk limits could affect whether the planned allocations occur.
Bitwise did not publish the participants’ firms, assets under management, geographic distribution or sampling method. The results should therefore be treated as an informal event poll rather than a representative survey of the wealth-management industry.
XRP ETF flows provide a regulated access route U.S. spot XRP exchange-traded funds recorded 11 consecutive trading sessions of net inflows through Sept. 1, attracting approximately $170 million during the period, according to SoSoValue data.
The products had accumulated roughly $1.68 billion in net inflows since launching in November 2025. However, the streak ended on Sept. 2, when the funds recorded approximately $7.2 million in combined net outflows.
One negative session does not establish a longer-term reversal. Daily ETF flows can change because of portfolio rebalancing, short-term trading and broader market conditions.
Crypto.news previously reported that XRP’s recovery increasingly depended on sustained ETF inflows and regulatory progress. At the time, cumulative inflows had already exceeded the threshold used in one external bullish forecast, although the pace of new investment remained uneven.
Institutional filings show exposure, not investor intent Goldman Sachs was the largest disclosed institutional holder of U.S. spot XRP ETFs at the end of the second quarter, according to Bloomberg Intelligence data compiled from Form 13F filings.
The bank disclosed approximately $87.4 million in XRP ETF exposure. Jane Street followed with about $16.6 million, while Millennium Management reported roughly $16.2 million.
Form 13F filings provide quarterly snapshots of certain securities held by large investment managers. They do not explain whether positions are proprietary investments, client holdings, hedges or inventory supporting market-making operations.
The filings are also backward-looking. Second-quarter reports show positions as of June 30 and do not reveal changes made afterward. They support the conclusion that regulated XRP products have attracted professional market participants, but they do not prove a directional view on XRP.
Wealth managers still face allocation barriers Wealth managers considering cryptocurrency exposure must assess volatility, custody, liquidity, suitability and regulatory requirements. Approval processes can also differ between independent advisers, broker-dealers and larger financial institutions.
Spot ETFs remove the need to manage wallets or private keys directly. They nevertheless retain exposure to movements in the underlying cryptocurrency and can experience substantial price declines.
Interest in XRP may reflect several developments, including ETF availability, Ripple’s institutional expansion and activity across the XRP Ledger. In related coverage, crypto.news reported that Ripple’s regulated financial businesses continued expanding even as XRP’s price weakened.
The next measurable development will be whether the stated allocation plans produce sustained fund inflows. Future 13F filings will also show whether large managers increased, reduced or exited their XRP ETF positions during the third quarter.
For now, Bitwise’s event indicates curiosity rather than confirmed demand. XRP dominated questions from the audience, but most participants had not yet made any cryptocurrency allocation.
Evernorth je krok od vstupu na Nasdaq pod tickerem XRPN, čeká už jen na hlasování akcionářů. Pokud projde, začne s přibližně 473 miliony XRP v pokladně.
Evernorth, a company aiming to become the first publicly traded XRP treasury, is approaching a key milestone as it awaits a final shareholder vote to move forward with its public listing plans. The development has drawn attention from the cryptocurrency community, particularly after a recent statement by crypto analyst Dark Defender, who suggested that major changes could be ahead for XRP’s market dynamics.
Evernorth’s proposed transition to a public company centers around its business combination with Armada Acquisition Corp. II, a special purpose acquisition company listed on the stock market. Following recent regulatory steps, the combined entity would become one of the first public companies with a primary treasury focus on XRP, the digital asset developed by Ripple Labs.
On August 27, the US Securities and Exchange Commission (SEC) declared effective Evernorth’s Form S-4 registration statement, clearing a compliance hurdle but not signaling endorsement of the business model, the merger, or XRP as a security or investment. This action allows Armada’s shareholders to vote on the proposed transaction.
The shareholder vote is scheduled for September 30, 2026. If the remaining closing requirements are met and shareholders approve, Evernorth expects to begin publicly trading on Nasdaq under the ticker XRPN.
Dark Defender described these developments as bringing Evernorth “one shareholder vote away” from trading on Nasdaq, but noted that the listing is still conditional on completing all necessary steps.
Publicly available transaction documents show that Evernorth could begin with approximately 473 million XRP as its treasury holding if the plan is approved.
Evernorth’s major backers include Ripple, the founding company behind XRP, as well as Arrington Capital, SBI Group, Pantera Capital, Kraken, and GSR.
Mini dictionary: Armada Acquisition Corp. II – A special purpose acquisition company (SPAC) is a publicly listed firm formed to raise capital through an initial public offering (IPO) for the purpose of acquiring an existing company and taking it public without a traditional IPO process.
EventDateStatusSEC Form S-4 effectivenessAugust 27, 2026CompletedShareholder vote (Armada)September 30, 2026PendingExpected Nasdaq listingPost-approvalNot completedAnalyst highlights potential XRP supply impactCrypto analyst Dark Defender, who regularly comments on XRP market trends, linked Evernorth’s transition to the possibility of an XRP supply shock. In a series of social media posts, he referenced the recent SEC milestone and noted Evernorth’s apparent shift from quietly accumulating XRP to a more public-facing approach.
Dark Defender pointed to messages from the company, including a teaser that “someone new will be joining the Evernorth story,” interpreting this as a sign that its initial accumulation phase may be ending.
He observed, “A treasury (Evernorth) has one job: buying quietly. But they started teasing. You only start talking when the quiet part is done.”
He concluded by predicting that “an XRP supply shock is inevitable,” though this perspective remains an analyst’s view and is not confirmed by Evernorth.
Outlook for Nasdaq listing and XRP marketIf the business combination is approved and Evernorth lists on Nasdaq, public investors will gain exposure to a company holding a significant amount of XRP and pursuing growth strategies linked to the XRP ecosystem. The company’s business plan includes not only holding XRP but deploying capital into projects and infrastructure built around the asset, aiming to increase its value and utility.
Any supply reduction in available XRP on the market would depend on the scale and pace of Evernorth’s purchases, overall market liquidity, and future decisions regarding its treasury management. The timing and impact of such changes are still uncertain and will be closely monitored by market participants.
Konsorcium 21 bank vedené Goldman Sachs a MUFG Bank plánuje vlastní stablecoin v americkém dolaru. Bývalá manažerka Ripple Emi Yoshikawa to označila za „déjà vu“.
A new consortium of 21 global banks, led by Goldman Sachs and Japan’s MUFG Bank, has unveiled plans to develop its own U.S. dollar stablecoin, drawing significant attention from industry leaders. Emi Yoshikawa, a longtime fintech entrepreneur and former vice president of strategic initiatives at Ripple, reacted to the announcement by expressing a strong sense of “déjà vu,” noting that this is the precise trajectory she had anticipated for major banks and digital assets.
TradFi’s approach: control and isolationYoshikawa’s eight years at Ripple, where she helped shape the company’s institutional growth in Asia, inform her remarks. She highlighted a common pattern in traditional finance: after years of evaluating external blockchain solutions, leading banks ultimately prefer to create their own closed frameworks. By doing so, they maintain control over liquidity, compliance, and transaction fees, rather than integrating with established platforms such as the XRP Ledger from Ripple.
Yoshikawa emphasized that the largest banks repeatedly move toward systems they can fully oversee, rather than adopting open networks, reflecting consistent strategic priorities across the industry.
Goldman Sachs, one of the world’s largest financial institutions, is collaborating with Mitsubishi UFJ Financial Group (MUFG), Japan’s leading bank by assets, to spearhead this stablecoin initiative. The project is characteristic of a shift where top banks avoid third-party blockchain integration and build bespoke solutions for institutional needs.
Mini dictionary: MUFG Bank, or Mitsubishi UFJ Financial Group, is the largest banking institution in Japan and a major global financial services provider.
Japan’s dual-track stablecoin developmentThe news coincides with developments in Japan, where MUFG Bank is active in another ambitious digital asset project. By March 2027, MUFG, along with fellow megabanks SMBC and Mizuho, plans to launch interbank settlements using a yen-based stablecoin. This product, built on the Progmat platform originally developed within MUFG, could potentially enable controlled blockchain-based yen-to-dollar conversions for cross-border transactions.
As the only Asian participant in the U.S. dollar stablecoin initiative, MUFG’s involvement in both projects places it at the intersection of global and domestic stablecoin innovation.
Mini dictionary: Progmat is a blockchain-based platform established by MUFG to support digital assets and programmable money, helping banks issue and manage stablecoins in Japan.
Stablecoin competition and market segmentationThe bank consortium aims to serve internal settlements among member banks and large corporate clients, offering direct interbank payments and coordinated audits. However, this focus overlaps with use cases already targeted by established, regulated crypto-native stablecoins such as RLUSD from Ripple and USDC.
By September 2026, RLUSD’s market capitalization rose above $2 billion, with over $1 billion of the asset issued on the XRP Ledger. In June, Japanese financial authorities officially approved RLUSD trading on the SBI VC Trade exchange.
StablecoinIssuerTarget UsersMarket CapitalizationRegulatory StatusBanking consortium USD stablecoinGoldman Sachs, MUFG and partnersInterbank, large corporatesN/A (to be launched)Planned for 2027RLUSDRippleOpen fintech, retail, DeFi$2 billion (Sep 2026)Approved by JFSA (June)The overlap in objectives could drive market segmentation. Banking tokens concentrate on closed-loop, highly auditable transactions between consortium members, while regulated open-market stablecoins like RLUSD and USDC remain active in fintech, retail, and decentralized finance sectors, where fast and flexible implementation is important.
Yoshikawa noted that alliances with as many as 21 major participants often struggle to achieve timely consensus and effective governance, giving independent stablecoins a practical time advantage as the banking network works to finalize its rules for a 2027 launch.
BIS otestovala XRP Ledger jako veřejnou vrstvu pro ověřování ekonomických statistik. Prototyp na DevNet zaznamenal publikaci za zhruba tři až pět sekund a ověření za jednu až dvě sekundy.
The Bank for International Settlements (BIS) has tested the XRP Ledger as a public verification layer for economic statistics.
With the help of the blockchain, the BIS has created a permanent record that can show whether a published dataset has been altered.
Verification problem How can someone who downloads an official statistics file be certain that it is the same file published by the issuers?
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Official statistics are mostly distributed through digital platforms and consumed by automated systems, including AI tools. The BIS notes that SDMx, the standard used to exchange official statistics, helps institutions publish and distribute data, but there are concerns about providing the stated source.
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The BIS prototype adds verification with the help of blockchain by keeping an independent record of the dataset's fingerprint.
That root is recorded on the XRP Ledger through a Payment transaction using the ledger's memo field. The blockchain stores the cryptographic information that is needed for verification.
A proof of concept The paper describes an actual proof of concept built on XRPL's DevNet. The BIS says the system was designed around the ledger's low transaction costs and rapid confirmation times.
Under the controlled test conditions, the prototype achieved a median publication latency of roughly three to five seconds. Verification took about one to two seconds.
The prototype is built around SDMx, but the authors say the same architecture could be extended to other structured reporting formats, including XBRL.
It is worth noting that the BIS experiment remains a proof of concept. Hence, it should not be treated as an official announcement.
However, it does demonstrate an unusual use case for the XRP Ledger network, which sometimes gets criticized due to its apparent lack of utility.
Washington už neřeší, zda krypto patří do tradičních financí, ale jak bude jeho integrace strukturovaná. Pro XRP je klíčová i nová debata o pravidlech SEC a CLARITY Act.
Nate Geraci, an influential figure in the ETF analysis space, highlighted a shift in Washington’s cryptocurrency debate this week. The central issue for policymakers, he noted, has moved beyond whether digital assets will enter the financial mainstream, focusing instead on how their integration will be structured. For XRP, the digital asset developed by Ripple Labs for global payments, these regulatory nuances are especially significant due to its complex legal journey in the United States.
Debate shifts toward system architectureEchoing Kristin Smith, President of the Solana Policy Institute, Geraci explained that current regulatory discussions now revolve around constructing the architecture for crypto’s potential coexistence or integration with established financial systems. This shift comes as the CLARITY Act nears a decisive Senate procedural vote on Sept. 15, while federal bodies continue updating crypto rules even before formal legislative decisions are made.
This two-track strategy stands out for XRP because of its unique progression through the U.S. regulatory landscape compared to many other digital assets.
Geraci summarized: Policymakers are no longer fixated on whether crypto should become a part of traditional finance. Attention is now on the framework that will govern its role in the system.
Impact of court decisions and legislative provisionsRipple Labs and the U.S. Securities and Exchange Commission put an end to their respective appeals in August 2025, establishing the district court’s final judgment as authoritative. District Judge Analisa Torres ruled that Ripple’s programmatic sales of XRP did not constitute unregistered securities transactions, although certain institutional sales did fall under existing securities law.
A crucial discussion point for XRP is the proposed Section 105 in the Senate’s draft legislation. If adopted, this provision would restrict the SEC’s jurisdiction when a non-appealable U.S. court judgment, pre-dating the law, determines a digital asset is not a security.
However, legal analysts caution that the impact of this clause has limits. Judge Torres’s findings applied specifically to certain types of XRP transactions, rather than issuing a blanket determination for all sales of the token. As a result, debates about the security status of XRP continue and remain closely tied to the specific circumstances of each transaction.
This uncertainty keeps the institutional infrastructure question at the forefront of the discussion regarding XRP’s place in regulated markets.
SEC proposals and technological integrationOn Sept. 1, the SEC introduced its first significant update in decades to transfer-agent regulations, specifically acknowledging the role of blockchain technology in securities offerings and share transfers. Transfer agents manage crucial elements of U.S. securities settlement and ownership, positioning them at the center of market operations.
Coinpaper analyzed the intersection of these proposed blockchain-focused transfer-agent rules with both Ripple and the XRP Ledger’s expanding tokenization infrastructure.
For Ripple and the XRP Ledger, these developments align with ongoing efforts to expand into tokenization, institutional custody, stablecoin strategies, and broader financial infrastructure. XRP-linked investment vehicles, such as exchange-traded funds (ETFs), are also becoming more common within regulated finance circles.
Mini dictionary: Transfer agents, in finance, are responsible for maintaining records of investors and facilitating securities transfers, settlements, and ownership changes for corporations and funds.
EventDateXRP ImpactProgrammatic sales not securitiesDistrict Court, 2025FavorableSEC transfer-agent rule proposalSept. 1, 2025Expands blockchain recognitionXRP price movementSept. 3, 2025$1.32 (down 2%)XRP market response and outlookRipple CEO Brad Garlinghouse has maintained that passing the CLARITY Act could eliminate a significant regulatory obstacle for the XRP ecosystem, paving the way for broader adoption by institutional investors and financial platforms.
Despite these policy developments, the immediate effect on XRP’s market value has been limited. XRP traded at approximately $1.32 on Wednesday, representing a decline of nearly 2% on the day and about 9% from its August 27 level of $1.45.
While policy shifts promise long-term clarity, current market sentiment suggests that traders and investors do not view them as immediate drivers for XRP price action.
Industry participants see Washington’s focus evolving from existential questions of whether crypto belongs in traditional finance, to the logistical challenges of shaping its regulated participation. For XRP, the main regulatory milestone ahead centers on solidifying the structures through which it can function within established U.S. markets, rather than debating its eligibility for access.
Obchodování na XRP Ledger ve 2. čtvrtletí výrazně vzrostlo: průměrný denní objem order-booku stoupl meziročně o 79 % na 3,57 milionu XRP. Počet aktivních účtů ale klesl na 1 111 z 1 864.
XRP Ledger trading activity grew significantly in the second quarter. The average daily order-book volume rose 79% from a year earlier even as the number of accounts executing those trades declined, according to a new report from XRP-focused digital asset treasury company Evernorth.
Order-book trading on the XRP Ledger averaged 3.57 million XRP per day in the three months through June. It is up from the year-earlier period.
At the same time, the number of accounts placing trades each day fell to 1,111 from 1,864.
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That meant substantially more XRP was traded per active account. Average daily trading per account rose to 3,217 XRP from 1,072 XRP a year earlier, according to Evernorth's Q2 2026 XRP Liquidity Report.
Order-book activity also accounted for 81% of on-chain trading during the quarter, compared with 54% a year earlier.
The report's findings come as liquidity on the XRP Ledger continues to develop beyond XRP itself.
Evernorth said the average supply of RLUSD, Ripple's dollar-pegged stablecoin, on the ledger reached $539 million in the second quarter, up from $73 million a year earlier.
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RLUSD's share of its total supply held on the XRP Ledger also increased to 34% from 20% over the same period. Evernorth noted that the growth occurred while the broader stablecoin market contracted for the first time since 2023.
The data provides a snapshot of how trading and stablecoin liquidity on the XRP Ledger have changed over the past year. However, it does not by itself establish whether the increase in trade size.
Evernorth's public debut Evernorth is preparing to become a publicly traded digital asset treasury company through a proposed combination with Armada Acquisition Corp. II. The companies said last month that the U.S. Securities and Exchange Commission had declared their Form S-4 registration statement effective.
Armada shareholders are scheduled to vote on the transaction Sept. 30. If approved and completed, the combined company is expected to trade on Nasdaq under the ticker XRPN.
XRP klesl na 1,3265 USD, nejníže od srpnového vrcholu, i když spotové ETF 1. září přilákaly čistý příliv 14,38 milionu USD. Klíčová podpora je na 1,32 USD.
2 September 2026 | 09:34 XRP attracted fresh ETF demand while sliding toward the base of its August correction, leaving $1.32 to determine whether the broader recovery remains intact for now.
Key Takeaways XRP ETFs drew $14.38 million September 1. Ripple returned 700 million XRP to escrow. XRP set a post-peak low near $1.32. The descending channel remains intact for now. ETF buyers arrived, but price did not follow US spot XRP ETFs recorded $14.38 million in net inflows on September 1, according to SoSoValue. Franklin’s XRPZ led the session with $6.63 million, followed by $4.72 million for Grayscale’s GXRP.
Cumulative net inflows reached approximately $1.68 billion, while the products’ combined net assets stood at $1.44 billion after the session. The regulated funds therefore continued attracting capital during XRP’s correction.
XRP did not rise alongside the reported inflows, showing that ETF demand had not yet translated into a broader price recovery. The token had gained nearly 70% during its August advance, giving recent buyers a substantial profit cushion and creating one plausible source of selling.
XRP was not declining in isolation. Its pullback extended a wider crypto-market retreat that began on September 1 as higher Treasury yields and renewed concerns about the yen weighed on risk assets. Coindoo’s report on the two macro risks facing the crypto market explains why several large cryptocurrencies moved lower together. That wider pressure makes it difficult to attribute XRP’s decline to events like Ripple’s escrow activity alone.
Ripple’s 1 billion XRP unlock was not a sell order Ripple’s scheduled September escrow release consisted of three transactions containing 500 million, 400 million and 100 million XRP. Later that day, a report citing XRPL transaction data showed the company creating new escrows for 500 million and 200 million tokens, returning 700 million XRP to time-locked accounts.
The sequence left 300 million XRP outside the newly created escrows. That amount became available to Ripple, but no cited transaction shows the entire balance moving to an exchange or entering public-market circulation.
Ripple’s explanation of the escrow system describes the monthly 1 billion XRP release as an upper limit on possible new supply rather than the amount automatically entering circulation. Tokens that remain unused can be placed into new escrows with later release dates.
The $14.38 million ETF inflow also cannot be measured directly against the roughly $405 million nominal value of the 300 million XRP remaining outside escrow at a price of $1.35. The ETF figure represents capital that entered the funds during one trading day. The larger number represents company-controlled inventory that has not been shown entering the public market.
XRP returns to the base of its August range XRP has worked its way lower inside a daily descending channel since its August rally failed near $1.70. Selling volume has remained well below the levels recorded during the advance, so the pullback still lacks the force of a high-volume breakdown.
XRP/USD daily chart showing the descending channel, Fibonacci levels and moving averages. Source: TradingView, Coinbase. The failed breakout discussed in our August 29 analysis has since developed into a steady sequence of lower highs. XRP fell to $1.3265 on September 2 before recovering toward $1.35, marking its lowest price since the August peak. The wick stopped above the channel’s lower trendline, leaving the wider pattern intact.
A daily close below $1.32 would break the base of the measured Fibonacci range and expose the 200-day simple moving average near $1.27. That would deepen the correction, although XRP would remain technically inside its wider descending channel until price also closed beneath the lower trendline.
Buyers face the channel’s upper boundary in the mid-$1.30s. Moving above it would weaken the recent sequence of lower highs, while $1.40-$1.41 provides the first horizontal resistance. A later recovery through $1.47 would return XRP to the middle of its August range.
What would confirm the ETF signal ETF inflows would carry more weight if XRP escaped the channel and recovered $1.41 with stronger trading volume. That combination would show that regulated fund demand was being reinforced by buyers across the wider market, rather than merely offsetting part of the existing selling pressure.
If inflows continued while XRP closed below $1.32, the opposite conclusion would apply: ETF demand would remain too small to stabilize the broader market.
Price still has to confirm the demand September’s data do not support blaming Ripple’s escrow release alone for XRP’s decline. Most of the unlocked tokens returned to escrow, ETFs continued attracting capital and the wider crypto market also moved lower.
Those factors weaken a simple supply-driven explanation, but they do not establish that the correction has ended. Until XRP breaks its descending channel, positive ETF flows remain supporting evidence rather than confirmation of a recovery.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice.
Author
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
Ripple uvolnila 1 miliardu XRP v rámci pravidelného měsíčního uvolnění z úschovy. Neznamená to automatický prodej; většina tokenů bývá historicky znovu uzamčena.
Ripple unlocked 1 billion XRP tokens as part of its regular monthly escrow release, according to blockchain tracker Whale Alert.
The move comes as XRP’s price shows renewed momentum but still struggles to fully break its recent downtrend.
What the September Unlock Actually MeansThree separate transactions released 500 million, 400 million, and 100 million XRP from Ripple-controlled escrow accounts. The release follows Ripple’s established mechanism, which allows up to 1 billion XRP to become available at the start of each month.
Ripple originally placed 55 billion XRP into escrow back in 2017. At the time, the company said any unused tokens would return to escrow for future releases.
As of August 31, roughly 32.28 billion XRP remained locked in Ripple’s on-ledger escrow, according to an on-chain tracker that calculates the balance directly from active XRPL escrow objects. After this latest unlock, that figure drops to approximately 31.14 billion XRP.
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Ripple’s September Unlock Releases 1 Billion XRP Tokens. Source: X/@whale_alertThat leaves roughly 31.28% of XRP’s fixed 100 billion maximum supply still locked inside Ripple’s escrow.
An unlock, however, does not mean Ripple actually sold 1 billion XRP. The company has historically re-escrowed a large portion of each monthly release, meaning tokens reaching the broader market tend to be far smaller than the headline figure suggests.
XRP’s Price Still Fighting for MomentumXRP currently trades near $1.36, falling 0.5% over the past 24 hours, though the token has fallen about 8.20% over the past week after nearly touching $1.70 in August.
The token has still climbed roughly 30.8% over the past 30 days and 14.5% over the last 90 days, though it remains under pressure on a year-to-date basis.
XRP Price Performance. Source: BeInCryptoLeveraged positions felt some pain during this stretch. More than $3.32 million worth of XRP positions were liquidated over the past 24 hours, with short liquidations accounting for roughly $1.19 million against about $2.13 million in long liquidations, according to Coinglass data.
The mismatch between short and long liquidations suggests bearish traders bore the brunt of recent volatility, even as XRP’s broader trend still lacks a decisive breakout.
Whether the token can build on its 30-day gains likely depends on demand absorbing this month’s escrow release without adding fresh selling pressure.
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SEC navrhla největší aktualizaci pravidel pro převodní agenty za desetiletí, aby podřídila dohledu blockchainové účetnictví a tokenizované cenné papíry. XRP se po zprávě obchodoval za 1,38 USD.
The U.S. Securities and Exchange Commission has put forward its most extensive update of transfer-agent regulations in decades, aiming to bring blockchain-based recordkeeping and tokenized securities into regulatory oversight. This proposed framework marks a shift from rules largely designed during the paper certificate era to one that reflects modern digital practices.
Proposal Targets Blockchain RecordkeepingAnnounced on September 1, the SEC’s plan seeks to update the guidelines and documentation for registered transfer agents. These agents are responsible for maintaining official securities ownership records and overseeing the issuance, transfer, and cancellation of securities.
SEC Chairman Paul Atkins stated that the overhaul is designed to accommodate operational advancements, including the use of distributed ledger technology in securities offerings and share management. The fact sheet clarifies that the proposal would formally recognize both electronic and blockchain-based records, as well as securities without physical certificates.
Commissioner Hester Peirce has highlighted the growing interest among market participants in the tokenization of shares, urging discussion around whether transfer agent regulations should support on-chain trading of these securities. She suggested that digital-wallet addresses could be considered alongside current shareholder identifiers.
The SEC did not endorse the XRP Ledger or any specific blockchain network. Instead, the proposed rules emphasize technology-neutral requirements, aiming to enable blockchain-native securities operations to function within established market expectations.
Comments on the SEC proposal are open for 60 days following its publication in the Federal Register. The rule remains at the proposal stage and has not been formally adopted.
Mini dictionary: Transfer Agent, a regulated entity that maintains official securities ownership records for companies, processes transfers, cancellations, and the issuance of new securities.
Ripple and Institutional Tokenization EffortsThe timing of the SEC’s proposal is notable for XRP investors, as Ripple continues to expand in institutional tokenization markets. Ripple operates as a payments and enterprise blockchain technology company, and develops the XRP Ledger (XRPL), a decentralized, open-source blockchain for settlement and asset issuance.
Ripple recently announced a partnership with SettleMint to integrate Ripple Custody services with tokenized asset management for regulated institutions in the Asia-Pacific region. This integration supports the complete tokenization cycle, including issuance, compliance, settlement, and servicing for institutional investors.
Earlier initiatives include Aviva Investors’ launch of a tokenized liquidity-fund share class using XRPL, as well as a Ripple, Mastercard, Ondo, and JPMorgan pilot that utilized XRPL for tokenized U.S. Treasury redemption. Ripple has also made investments in ZILO and Licuido to develop infrastructure supporting issuance, transfer agency, and collateral movement.
These steps underline Ripple’s ongoing push to strengthen capital markets infrastructure for digital assets.
XRP Price and Institutional ParticipationDespite the regulatory news, XRP’s price has stayed relatively stable. The cryptocurrency recently traded at $1.38, up 0.3% over the past 24 hours. Its market capitalization was about $86.4 billion, though it remained down 6.4% over the last week.
MetricCurrent ValueChangeXRP Price$1.38+0.3% (24h)XRP Market Cap$86.4 billion-6.4% (7d)Institutional exposure to XRP is growing separately from retail price movements. U.S. spot XRP ETF inflows have reached nearly $1.8 billion, and Goldman Sachs has disclosed approximately $87.4 million in XRP ETF holdings, making it the largest known institutional investor in this category.
XRP Ledger and associated products are advancing in the regulated asset tokenization sector, even as the SEC considers updating its rules to address blockchain-based recordkeeping. The proposed regulatory changes demonstrate an official recognition of market infrastructure shifting toward blockchain technology.
The SEC’s proposal does not assign any special regulatory treatment to XRPL but indicates that core securities recordkeeping and transfer mechanisms in the U.S. may increasingly incorporate blockchain technology. For companies like Ripple and ecosystems supporting regulated tokenized assets, this represents a significant step forward.
Ripple vrátil do escrow 200 milionů XRP v hodnotě asi 272 milionů USD. Jde o součást jeho pravidelného měsíčního znovuzamykání většiny uvolněných tokenů.
Ripple has returned 200 million XRP, worth roughly $272 million at current prices, back into its escrow system. The transaction, flagged by blockchain tracker Whale Alert, is part of the company’s recurring monthly ritual of unlocking and then re-locking the vast majority of its token reserves.
How Ripple’s escrow machine works The escrow system dates back to December 2017, when Ripple deposited 55 billion XRP into a series of time-locked smart contracts. The mechanism was designed to address a very specific concern: that Ripple, which controls a huge chunk of XRP’s total 100 billion token supply, might flood the market and crater the price.
Each month, a maximum of 1 billion XRP becomes eligible for release. The unlocks typically happen in tranches on the first of the month. Recent releases have followed a pattern of 500 million, 400 million, and 100 million XRP batches.
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But the unlock is only half the story. Historically, Ripple re-locks between 600 million and 800 million XRP back into escrow within days of the release. That means the net amount actually entering potential circulation each month lands somewhere between 200 million and 300 million XRP.
The shrinking escrow balance As of September 1, 2026, approximately 31.28 billion XRP remained locked in escrow, representing about 31% of the total supply. That’s a significant drop from the original 55 billion deposited nearly nine years ago. Simple math puts the average net monthly decrease at roughly 221 million XRP since the program began.
Where does the XRP that doesn’t return to escrow actually go? Ripple has consistently stated that these tokens fund its operations, fuel partnerships, and power its On-Demand Liquidity solutions, the cross-border payment product that uses XRP as a bridge currency. There has been no reported evidence of immediate large-scale exchange sales directly tied to the monthly unlocks.
Why the market mostly shrugs at these events Every month, crypto Twitter lights up with Whale Alert notifications about Ripple’s escrow activity. And every month, the market reaction is approximately nothing. The contracts are automated. The schedule is public. The re-locking pattern is well-documented over years of data. Market participants have long since priced the monthly cycle into their models.
Ripple CTO Emeritus David Schwartz has repeatedly emphasized that the escrow mechanism exists specifically to create predictability and transparency around XRP supply dynamics.
At roughly 200 to 300 million XRP per month entering potential circulation, the annual dilution rate is modest relative to the overall supply of 100 billion tokens.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Rezervy XRP na Binance klesly na úrovně naposledy viděné v únoru 2024, když z burzy za poslední rok odešlo asi 500 milionů XRP. XRP se mezitím obchoduje kolem 1,34 USD a testuje support mezi 20týdenním a 50týdenním EMA.
TLDR: XRP reserves on Binance dropped from 3.1 billion to 2.6 billion tokens since November 2025. Roughly 500 million XRP left Binance even as the XRP price fell 63% from its 2025 peak level. The launch of spot XRP ETFs in late 2025 may have driven part of the reserve outflow seen. XRP trades near $1.34, consolidating between its 20-week EMA and 50-week EMA resistance levels. XRP reserves on Binance have declined to levels last seen in February 2024, according to on-chain data. Roughly 500 million XRP have left the exchange over the past year.
The outflow persisted even as the XRP price fell from a high of $3.66 to near $1.35, marking a 63% drawdown. Analysts point to long-term accumulation and the launch of spot XRP ETFs as possible drivers behind the shrinking reserves.
Binance XRP Reserves Fall to Multi-Year Low The monthly average of XRP reserves held on Binance has fallen sharply since late 2025. Between November 2025 and today, that average dropped from 3.1 billion to 2.6 billion XRP.
This represents an outflow of roughly 500 million tokens. Analyst Darkfost tracked this movement closely on social media this week.
Darkfost observed that Binance reserves tend to rise during XRP price rebounds. Reserves then decline again during each following retracement, based on the data reviewed.
🗞️ 500 Million XRP Have left Binance as reserves shrink to levels not seen since 2024
While XRP closed the month with a performance of nearly 30%, XRP reserves on Binance continue to decline.
The monthly average of XRP reserves held on Binance has now reached such a low level… pic.twitter.com/Ox9KPwCxPg
— Darkfost (@Darkfost_Coc) September 1, 2026
This pattern suggests some investors move tokens off exchanges during downturns. It may reflect a growing preference for self-custody among holders.
The reserve decline also lines up with the launch of spot XRP ETFs. Those products debuted in November and December of 2025.
ETF issuers may have needed to acquire XRP on the open market. That buying pressure could account for part of the recorded outflow.
Exchanges also shift reserves based on routine withdrawal and deposit activity. Some of the decline may reflect operational adjustments rather than pure accumulation.
Still, the scale of the movement points to more than short-term noise. Sustained reserve outflows are often viewed as a constructive long-term signal.
XRP Price Tests Support Near Key Moving Averages XRP traded at $1.34 at the time of writing, down 2.85% over the past day. Trading volume reached close to $1.95 billion during that same period.
Source: CoinGecko
The token has also fallen 8.10% over the past seven days. That pullback comes despite XRP posting close to 30% gains for the month.
Trader ChartNerd pointed to two recent rejections at the 50-week EMA near $1.53. That level has served as resistance on recent attempts to move higher.
The 20-week EMA, currently around $1.27, could act as support. A break below $1.36 on lower timeframes may bring that level into play.
Zooming out; after two rejections at the 50 week EMA ($1.53), $XRP's 20 week EMA ($1.27) could also act as a local support floor for if lower timeframe support is lost at $1.36. It's relatively common to crab/compress between these EMA's before a directional break is confirmed.… https://t.co/cc9NXvLkZ7 pic.twitter.com/yDO85KXUBT
— 🇬🇧 ChartNerd 📊 (@ChartNerdTA) September 1, 2026
Price compression between two moving averages often precedes a directional breakout. Traders watching XRP reserves and price action call this pattern fairly common.
XRP appears to be consolidating within this broader range for now. A confirmed move beyond either average would likely draw fresh trader attention.
Falling XRP reserves alongside price consolidation create a mixed near-term picture. Reserve trends tend to carry more weight over longer time horizons than daily swings.
Traders continue watching the $1.27 to $1.53 range for the next signal. How XRP reserves evolve from here may shape sentiment into the next quarter.
Ripple se spojil se SettleMint, aby bankám v Asii a Tichomoří zjednodušil custody a tokenizaci digitálních aktiv. Zároveň XRP ETF zaznamenaly kumulativní čisté přílivy ve výši zhruba 1,8 miliardy USD.
Ripple teamed up with SettleMint Tuesday to simplify digital asset custody and tokenization for banks across Asia Pacific, as XRP (CRYPTO: XRP) ETF inflows hit $1.8 billion.
What the Ripple and SettleMint Partnership CoversAccording to a joint press release Tuesday, the partnership connects Ripple Custody with SettleMint’s Digital Asset Lifecycle Platform, giving banks and fintechs one system to issue, manage, and operate tokenized assets from start to finish.
Previously, institutions had to piece together separate vendors for custody, issuance, compliance, and servicing. Now all of that runs through a single integrated solution.
“This partnership gives them the foundation to roll out digital assets and future-proof them from there,” said Fiona Murray, Ripple’s Managing Director for Asia Pacific.
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The two companies have already started offering the combined solution in Asia and plan to expand to other markets as demand grows.
The partnership arrives as a Boston Consulting Group report from May 2026 projected tokenized real-world assets could reach $88 trillion by 2035, warning that banks failing to adapt face a potential 30% profit reduction over the same period.
Why XRP ETF Flows Are Drawing AttentionBloomberg ETF analyst James Seyffart posted on X Tuesday that XRP ETF flows have been “surprisingly resilient,” with money mostly moving in one direction since launch and cumulative net inflows now sitting at approximately $1.8 billion.
He called the performance particularly impressive given XRP’s price action over the same stretch.
Meanwhile, institutional ownership is building alongside the flow momentum, with Goldman Sachs leading all holders at roughly $87.45 million in XRP ETF exposure, a position that grew by more than 83 million XRP last quarter.
Jane Street Group and Millennium Management follow at approximately $16.6 million and $16.2 million respectively.
XRP Price Prediction: Breakout Levels and TargetsRead Next
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Rusko od 1. září povolilo kryptoměny pro přeshraniční obchodní vypořádání a umožnilo jejich nákup a prodej přes regulované zprostředkovatele. Domácí platby kryptem ale dál zůstávají zakázané.
Russia’s new cryptocurrency regulations officially took effect on September 1, establishing a formal legal framework for digital assets while enabling their use in international trade settlements. Authorities now permit Russian investors to buy and sell cryptocurrencies through regulated intermediaries, and allow exporters and importers to settle cross-border transactions with digital assets.
Digital assets in Russia’s international tradeRussian exporters and importers are now authorized to use cryptocurrencies as part of foreign trade transactions, giving digital assets a legitimate role in payments involving international counterparties. While these rules expand opportunities for digital asset settlement, domestic payments within Russia using cryptocurrency remain prohibited under the new law.
The Bank of Russia has indicated that cryptocurrencies can serve as instruments for cross-border transactions, but the framework does not specifically reference XRP, Ripple, or the XRP Ledger. There has been no official announcement or evidence that Russian authorities or companies have chosen XRP for settlement purposes. Nevertheless, the Bank of Russia’s acknowledgment means that XRP could theoretically be used if counterparties involved in cross-border trades opt for it.
The regulatory framework grants Russian exporters and importers the legal foundation to use cryptocurrencies for settlements with foreign partners, introducing a wider array of options for cross-border payments.
Structure of Russia’s new cryptocurrency marketThe new regime provides a clearer structure for accessing digital assets. Qualified investors are allowed to buy and sell cryptocurrencies via regulated intermediaries, such as exchanges, brokers, and asset managers. In contrast, non-qualified investors face stricter support limits and must meet additional requirements before participating.
Infrastructure supporting these activities—including exchanges, brokerage platforms, and asset management firms—will also be held to compliance and licensing standards set by the regulation. The law allows a transition period for current market participants to secure appropriate licenses and fulfill the new requirements.
XRP’s position in Russia’s financial ecosystemAlthough XRP is not mentioned in the new regulations, it holds a visible position in the Russian market through regulated derivatives. The Moscow Exchange, the country’s leading securities trading platform, introduced XRP-linked futures earlier this year. These products sit alongside other derivatives tracking the performance of Bitcoin, Ethereum, Solana, and additional cryptocurrencies.
Unlike spot cryptocurrency purchases, these futures contracts do not involve direct ownership of XRP; rather, they allow investors to gain exposure to price movements tied to XRP through regulated instruments.
The listing of XRP-linked futures offers the asset a degree of visibility within Russia’s traditional financial infrastructure, even before the expanded digital asset regime went into effect.
This market presence differentiates XRP from cryptocurrencies with no regulated exposure in Russia. The asset’s original design as a bridge for international settlement may gain additional relevance now that Russian law permits cryptocurrencies in foreign trade.
Ripple, the US-based fintech firm behind XRP, has promoted the token as an efficient solution for transferring value between currencies, without the need for banks and institutions to maintain large reserves in multiple markets.
Although Russia’s new legal framework could potentially enable this use case for XRP, there is no current evidence that banks, exporters, or government agencies in the country intend to deploy the token under the updated rules. Any moves toward adoption will ultimately depend on the decisions of Russian companies, financial institutions, and their international counterparts.
There is no indication that the Russian legal changes amount to an official adoption of XRP, but the regulatory shift increases the number of occasions when cryptocurrencies may legally be used for cross-border payments.
For XRP, the introduction of Russia’s new framework sets the stage for possible increased relevance in international settlement, but actual adoption will depend on the choices of market participants.
The Sentora-incubated cover protocol already holds $76 million in staked XRP on Flare. Its first cover integrations go live this month, into a market where onchain protection covers about 0.1% of DeFi.
Firelight, a cover protocol that uses staked XRP to backstop DeFi vaults against exploits, has raised $8 million in a seed round led by Gumi Cryptos Capital, with its first cover integrations scheduled to go live this month.
Onchain cover has stayed marginal relative to the capital it would protect. DefiLlama tracks $123.7 million across 27 insurance protocols against $88.3 billion in total DeFi value locked, or about 0.14%, and Nexus Mutual alone accounts for roughly 88% of that capital. Firelight’s structure separates the two: the capital backing cover is staked XRP, which does not sit inside the protocols being covered.
Maven 11, Metalayer, Joint Effects and Tribe Capital also took part in the round. Firelight has been live on Flare since December in a bootstrapping phase that takes deposits without cover attached, and holds $76 million, according to DefiLlama, up 20% over the past 30 days. That makes it the largest protocol on Flare, which has $133 million in total value locked across 39 protocols. Deposits are capped at 65 million FXRP.
“Protocol cover and capital protection remain among the biggest blockers to institutional adoption of DeFi,” Anthony DeMartino, co-founder and chief executive of Firelight, said in a statement. “Institutions need confidence that they can deploy capital onchain with credible protection against smart contract and economic risk.”
XRP as the Balance SheetStakers deposit XRP, which is bridged to Flare as FXRP through the network’s FAssets system, and receive stXRP, a liquid staking token. That pool is the capital that pays cover claims. Firelight says it will add BTC and XLM as backing assets.
When stXRP launched in December, it carried no rewards and no cover product behind it. Premiums from the vaults and protocols buying protection are what pay stakers, so the September launch is what makes the position yield-bearing.
Stakers Absorb the LossesFirelight’s documentation states that staked capital is slashed when a validated claim exhausts a first-loss buffer, applied pro rata across all staking positions, with the amount fixed at the moment the slash instruction is generated. The protocol also states plainly that “Firelight Coverage is not insurance” and that buying it does not create an insurance contract.
Claims are assessed by a consortium of five outside firms — GFX Labs, Hypernative, Credora, Native and Cyfrin — which validate incidents against published coverage criteria using onchain attestation. That splits adjudication from the capital, which in most onchain cover sits with the same entity that decides whether to pay. Nexus Mutual told cover holders in 2021 that the $120 million BadgerDAO exploit would fall outside its terms if it was confirmed as a frontend attack, because the protocol’s smart contracts were untouched.
Covered events include smart contract exploits, reentrancy failures, oracle manipulation, governance attacks and bad debt. Pricing is set by monitoring risk components in real time rather than at policy inception. Firelight has been audited by OpenZeppelin and Coinspect and runs a bug bounty through Immunefi.
Second Date for LaunchFirelight and Sentora announced in a joint post that native cover for Sentora’s public and private vaults would launch in the second quarter of 2026. That has moved to September. Sentora, formed last year from the merger of IntoTheBlock and Trident Digital, curates DeFi vaults for Kraken and EtherFi and says it has deployed more than $3 billion.
DeMartino is chief executive of both Sentora and Firelight. He ran risk strategies at Coinbase and traded at HSBC, Barclays and UBS before that. Jesus Rodriguez, who co-founded Sentora and whose AI startup NeuralFabric was acquired by Cisco last year, is Firelight’s chief technology officer while remaining in his Sentora role. Chief Strategy Officer Connor Sullivan joined from Fireblocks, after underwriting reinsurance at TransRe.
XRP traded at $1.38 on Tuesday, down 6.7% over the past week, according to CoinGecko.
Ripple is preparing the XRP Ledger for a future quantum-computing threat, even as trader flags near-term downside risk for XRP (CRYPTO: XRP).
Four-Stage Roadmap For Q-DayRipple Senior Director of Engineering Ayo Akinyele told CoinDesk that the company is preparing the XRP Ledger for potential quantum-computing threats before the technology becomes powerful enough to break current cryptographic protections.
A sufficiently advanced quantum computer could theoretically derive private keys from publicly available information, potentially putting blockchain assets at risk.
Researchers call this scenario "Q-Day."
Ripple’s four-stage roadmap starts with identifying vulnerabilities and testing quantum-resistant cryptography before eventually running existing and new security systems in parallel and migrating the broader network.
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The plan also includes an emergency upgrade path if quantum computing advances faster than expected.
XRP Ledger already allows users to replace account keys without changing the underlying account. Network-wide changes would still require coordination among independent validators.
XRP’s Rejection At $1.55In an X post on Aug. 31, crypto trader Crypto Patel said XRP rejected the $1.55 resistance after briefly sweeping liquidity above the level, followed by aggressive selling that sent prices nearly 20% lower.
Patel said XRP has not yet confirmed a bullish breakout and needs weekly acceptance above its recent high.
If resistance holds, the trader sees $0.90 to $0.70 as the next major downside zone. Longer term, Patel still sees $10 as possible.
Over the past month, XRP has gained 30%, despite falling 8% over the past seven days.
Image: Shutterstock
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Investors are closely tracking significant developments in the XRP market as new signals emerge, fueled by rising on-chain activity, institutional advancements, and a notable ETF registration.
Warning on crypto scamsDigital Asset Investor, known for his commentary in the crypto space, recently issued a direct warning about fraud risks within the industry. Addressing his audience, he cautioned newer and younger traders to remain vigilant, emphasizing that schemes promising guaranteed returns should be seen with skepticism. He described encountering fraudulent activities firsthand, stating that deception persists across the sector, sometimes in unexpected locations.
There are Bernie Madoffs among us in crypto, and traders should treat any deal that appears too good to be true as a potential red flag.
He highlighted the importance of conducting due diligence and urged investors to maintain a cautious approach in a fast-moving environment.
ETF filing puts spotlight on XRPThe US Securities and Exchange Commission recently received a filing to register the ProShares XRP ETF and ProShares Ultra XRP ETF as fund series. This move broadens the suite of regulated products available to the market, offering institutional investors compliant paths to gain exposure to XRP. Digital Asset Investor identified this development as another positive indicator for the asset, reflecting a deepening institutional footprint within the XRP ecosystem.
The arrival of these products is seen as part of a continuing trend toward greater institutional involvement in crypto, which supporters believe could shape market dynamics in the coming months.
Altcoin cycle expectations and market sentimentMarket observers, including Digital Asset Investor, see the current phase as primed for a significant alt season. He referenced historical altcoin market capitalizations, highlighting $60 billion at the peak in 2018, $400 billion in 2021, and a projected $8 trillion for 2027. Despite recent price pullbacks linked to cautious Federal Reserve comments, he views these dips as potential buying opportunities rather than signals of fundamental weakness in XRP.
Alt season represents the biggest opportunity for investors during this bull run, and the current landscape suggests a major setup for upcoming gains.
With heightened volatility and critical macro developments shaping intraday swings, traders must monitor market signals closely. In a market where a single Fed decision or a sudden altcoin listing can change everything in seconds, moving between multiple apps for charts, news, and portfolio monitoring often proves costly for investors. Increasingly, traders are turning to privacy-first tools like CryptoAppsy, which consolidate real-time charts, smart price alerts, coin-specific news, and crucial macro data on one screen—without requiring users to create accounts.
On-chain metrics and infrastructural growthBullish on-chain data continues to reinforce positive sentiment. The number of receiving addresses on the XRP network climbed sharply to 926,000, representing an increase of more than 2,300%. Meanwhile, RLUSD supply on the XRP Ledger surpassed $1 billion, reflecting the growing utility and adoption of the XRP ecosystem.
Ripple announced that Joseph Thompson, previously head of treasury at the London Metal Exchange, has joined its trading and markets division to focus on tokenization strategy. The firm is also implementing a four-stage roadmap aimed at preparing the XRP Ledger to defend against future quantum computing threats.
Institutional access and infrastructureRipple’s prime brokerage arm is developing a unified infrastructure platform for institutions. This effort aims to provide streamlined access to liquidity, custody solutions, stablecoin utilities, and efficient payment flows. By bolstering the underlying platform, Ripple intends to position itself for the next evolutionary phase of digital asset infrastructure, coinciding with rising institutional interest in products tied to $XRP.
XRP dál přitahuje institucionální poptávku, když spot ETF zaznamenaly čistý příliv 5,64 milionu USD a už 10 dní v řadě jsou v plusu. Stellar zároveň oznámil, že jeho RWA ekosystém překročil 4 miliardy USD.
Ripple (XRP) and Stellar (XLM) are showing signs of recovery on Tuesday after rebounding slightly the previous day, following double-digit corrections last week. Moreover, XRP continues to attract Exchange-Traded Fund (ETF) inflows and Stellar’s Real-World Assets (RWAs) ecosystem has surpassed $4 billion. These developments indicate growing institutional interest and could provide fresh fundamental support for a recovery in both altcoins.
XRP institutional demand shows signs of strengthInstitutional demand for XRP has remained strong. SoSoValue data showed spot ETFs recorded a $5.64 million inflow on Monday, marking 10 consecutive days of positive flows since August 18. Moreover, net weekly inflows last week exceeded $110 million, the highest weekly flows since early December 2025. If these inflows continue and intensify, XRP could support gains ahead.
Total XRP spot ETF net inflow daily chart. Source: SoSoValue
Total XRP spot ETF net inflow weekly chart. Source: SoSoValueXLM RWAs hit $4 billionStellar announced on its X account on Monday that Real-World Assets (RWAs) on its network have surpassed $4 billion. This highlights the rapid expansion of Stellar’s RWA ecosystem and supports a bullish long-term outlook for XLM.
XRP technical outlook: Key 200-day EMA holds strongXRP price trades at $1.37 on Tuesday, maintaining a bullish near-term bias as it remains above key Exponential Moving Averages (EMAs). The 200-day EMA at $1.35 underpins the advance together with the 100-day EMA at $1.21 and the 50-day EMA at $1.21, suggesting a constructive underlying trend despite the recent pullback from overbought RSI readings.
The Relative Strength Index (RSI) has eased to 61 from earlier extreme levels. At the same time, the Moving Average Convergence Divergence (MACD) has slipped marginally negative, hinting at waning upside momentum rather than a clear trend reversal as long as price holds over the 200-day EMA.
On the topside, the next significant barrier is the horizontal resistance at $1.90, where fresh supply could emerge if the rally extends.
On the downside, immediate support sits around the current consolidation area, backed by the 200-day EMA at $1.35, followed by the horizontal floor at $1.30. Deeper setbacks would expose the broader demand zone defined by the 100-day and 50-day EMAs clustered near $1.21, ahead of the more distant structural support at $1.00.
XRP/USDT daily chartXLM technical outlook: Near key resistance zoneXLM price trades at $0.1776 on Tuesday, capped by a dense cluster of EMAs just overhead, which keeps the near-term bias bearish. XLM price is marginally below the 50-day EMA at $0.1778, with the 100-day and 200-day EMAs higher at $0.1797 and $0.1890, respectively, suggesting rallies remain vulnerable while these levels hold as resistance.
The RSI hovers around 50, hinting at a loss of upside momentum, while the MACD has slipped back below the zero line, reinforcing the idea of a fading bullish phase and scope for further consolidation or downside.
On the downside, immediate support is seen at the nearby horizontal level at $0.1774, which forms a tight pivot zone around the current price, before a more distant structural floor emerges at $0.1420.
On the topside, initial resistance is given by the 50-day EMA at $0.1778, followed by the 100-day EMA at $0.1797 and the 200-day EMA at $0.1890; only a sustained break above this moving-average stack would ease bearish pressure and open the way for a more constructive recovery phase.
XLM/USDT daily chart(The technical analysis of this story was written with the help of an AI tool. Know more.)
CME Group a CF Benchmarks spustily dva nové kryptoměnové benchmarky, včetně indexu, který záměrně vynechává Bitcoin a Ether. Sleduje deset altcoinů včetně BNB, XRP, SOL, HYPE, LINK, XLM, SUI, UNI, AVAX a AAVE.
CME Group and CF Benchmarks went live on August 31 with two new multi-asset cryptocurrency benchmarks, with the headline product being one that deliberately sidesteps the two biggest names in the market.
What the index tracks Its ten constituents are BNB ($BNB), XRP, Solana ($SOL), Hyperliquid's $HYPE, Chainlink's $LINK, Stellar, Sui, Uniswap, Avalanche and Aave ($AAVE). A companion CME CF Crypto Market Index holds those same ten assets plus Bitcoin and Ether, functioning as a broad-market gauge.
Both indices use free-float market capitalisation weighting, with the constituent lineup reviewed every June and December.
Benchmarks, not tradable products, for now
The door to tradable products is not closed. That precedent suggests the new benchmarks could serve as the foundation for listed products further down the line.
Sources:
Crypto Briefing: CME launches two new cryptocurrency tracking indices with CF Benchmarks
Crypto Economy: CME Emerging Crypto Index Launches Without Bitcoin Or Ethereum
CME Group: CME Group to Launch Nasdaq CME Crypto Index Futures (press release)
XRP se držel kolem 1,36 USD, i když za sedm dní klesl asi o 7 %. U.S. spot XRP ETF mezitím přilákaly rekordních 110,49 mil. USD čistých přílivů za týden končící 28. srpna.
XRP price traded near $1.36 on Aug. 31 after falling roughly 7% over seven days, as fading momentum and leveraged position unwinding offset record weekly demand from U.S. spot exchange-traded funds.
Summary
XRP price retreated from $1.48 to $1.36 but remained above its 4-hour Supertrend support at $1.341. U.S. spot XRP ETFs attracted $110.49 million during their strongest inflow week of 2026. CoinGlass data shows major liquidation concentrations near $1.35, $1.38, and between $1.44 and $1.50. A break below $1.34 could expose $1.28, while reclaiming $1.40 would improve the recovery setup. XRP price pulls back 7% after August rally According to data from crypto.news, XRP (XRP) price was trading around $1.36 on Aug. 31 at the time of writing. The token had declined from approximately $1.48 over the previous seven days, leaving it down about 7% for the period.
The pullback followed a rapid recovery from an August low near $0.98. XRP gained more than 30% during the month and briefly reached $1.70 on Aug. 22 before sellers rejected the move. Price then formed a series of lower highs below $1.55, $1.50, and $1.45.
XRP’s 4-hour chart shows that the latest decline brought the token back toward a support area that formed during the initial breakout. The Supertrend indicator remained bullish at $1.341, placing its active support slightly below the market price.
XRP price 4-hour chart — Aug. 31 | Source: crypto.news However, the Awesome Oscillator registered a negative reading of -0.0364. Its histogram also stayed below zero, indicating that short-term bearish momentum had not fully cleared despite XRP’s attempt to stabilize above $1.35.
The combination leaves XRP at a decision point. Holding $1.34–$1.35 would preserve the higher trading range created by the August rally, while a confirmed 4-hour close below it could weaken the remaining bullish structure.
ETF inflows counter XRP derivatives reset U.S. spot XRP ETFs recorded $110.49 million in net inflows during the week ending Aug. 28, according to data from SoSoValue. It was their strongest weekly result of 2026.
The funds held about $1.44 billion in net assets after the inflows, while cumulative net inflows reached approximately $1.66 billion. The demand created a contrast between institutional fund flows and XRP’s falling market price.
Derivatives traders took a more defensive position. Aggregate XRP futures open interest had climbed to approximately $2.73 billion earlier in August, its highest level since October, as leveraged traders positioned for a larger move.
Price and open interest later declined together as XRP retreated from the $1.48–$1.50 resistance zone. Such a combination generally points to traders closing existing positions rather than building an aggressive new short position, although open-interest changes alone cannot identify every trader’s direction.
The reset reduced some of the leverage accumulated during the rally. It did not, however, produce enough spot buying to return XRP above $1.40 before the end of the month.
XRP liquidation map identifies the next price magnets The one-week CoinGlass liquidation heatmap places the largest nearby liquidity concentrations around $1.35 and $1.38. XRP tested both areas during the Aug. 31 decline and was trading between them when the chart was captured.
XRP liquidation heatmap | Source: CoinGlass A concentrated band around $1.35 could attract further price movement if sellers retest the weekly low. Losing that level would place the next visible liquidity pockets near $1.33 and $1.30.
Liquidity also remains stacked above the market. The first meaningful overhead cluster appears near $1.40–$1.42, followed by a broader concentration between $1.44 and $1.45. Larger liquidation bands extend toward $1.48–$1.50.
Those zones could accelerate a rebound if XRP moves higher and forces leveraged short positions to close. They can also act as resistance because traders may use the same levels to exit positions.
The daily chart provides a more constructive signal. Chaikin Money Flow stood at 0.09, keeping the indicator above zero and pointing to net buying pressure over its 20-day measurement period. The positive reading suggests capital has not fully left the market despite the weekly price decline.
XRP price daily chart — Aug. 31 | Source: crypto.news XRP nevertheless remained close to the daily Murrey Math pivot near $1.40. A daily recovery above that level would open a path toward $1.50 and the chart’s $1.60 resistance. Failure to reclaim it would leave the token exposed to another test of the lower trading range.
XRP support at $1.28 becomes the main downside test Chart analyst ChartNerd said XRP had failed to reclaim its 50-week exponential moving average for a second consecutive week. The analyst placed that average near $1.53 and identified the 20-week EMA around $1.27 as the next short-term support floor.
The weekly rejection adds weight to the $1.48–$1.53 resistance range. A break above the zone would invalidate the present series of lower highs and allow buyers to target $1.60, followed by the August wick near $1.70.
On the downside, the 4-hour Supertrend at $1.341 offers the first line of support. A decisive break could send XRP toward $1.30 and the weekly 20 EMA near $1.27–$1.28. The bullish August recovery would become more vulnerable if the price closes below that moving average.
Ripple’s scheduled escrow release adds another short-term consideration. The company’s monthly system is set to unlock 1 billion XRP on Sept. 1, although Ripple has historically returned a large share of the released tokens to escrow. The scheduled release does not mean the full amount will enter the open market at once.
CLARITY Act vote adds a US policy catalyst The U.S. Senate is expected to hold a procedural vote on the CLARITY Act on Sept. 15. The vote would test whether supporters can secure the 60 votes required to advance the market-structure legislation.
The vote is not final passage, and no signed law is scheduled for Sept. 15. Its outcome could still affect sentiment toward U.S.-traded digital assets because the proposal seeks to clarify federal oversight of crypto markets.
For XRP, the immediate technical range remains more important. Buyers must protect $1.34–$1.35 and reclaim $1.40 to shift short-term momentum. Losing the lower boundary would increase the risk of a deeper correction toward $1.28, while a move above $1.50 would put the August recovery back in control.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
