The XRP Ledger has recorded a surge in activity from artificial intelligence agents, surpassing 2.2 million agentic transactions settled on the network to date. This milestone highlights increasing experimentation with the integration of AI-driven software in blockchain payments.
XRP Ledger growth driven by agentic transactionsThe XRP Ledger Foundation, responsible for overseeing the open-source development and promotion of the ledger, noted that agentic transactions have consistently accelerated, with 2,231,542 such payments verified by August 21. Crypto researcher BankXRP brought attention to this development by amplifying the Foundation’s announcement, which included commentary from Chandler, a representative of t54.ai, a project focused on artificial intelligence.
Chandler examined how AI agents are leveraging the XRP Ledger to execute financial transactions autonomously, without requiring human intervention at every step. As of August 21, the number of merchants accepting payments from AI agents was reported at 142, reflecting an 8% decrease over the same period, despite the broader growth in total transactions and settled value.
This rise in agentic activity is part of broader research into whether blockchain networks like the XRP Ledger can support an emerging digital economy, where software agents transact for data, computing power, and other digital goods or services on behalf of users.
Mini dictionary: XRP Ledger Foundation, a non-profit organization dedicated to supporting and advancing the XRP Ledger blockchain ecosystem through technological development, standards, and advocacy.
MetricValueChange (%)Agentic Transactions2,231,542+10%Merchants Involved142-8%AI agents move beyond micropaymentsChandler observed that the initial wave of over one million transactions illustrated the ability of AI-driven software to transfer value on the XRP Ledger. He suggested that early agentic payments are likely centered around digital products such as proprietary datasets, algorithmic services, computing resources, and research documents.
He pointed out that these services naturally generate demand for fast, low-value payments. The XRP Ledger’s low transaction costs and rapid settlement times make it well suited for these types of machine-to-machine transactions. However, Chandler emphasized that such micropayments only represent the early phase, and future growth may extend far beyond these simple transfers.
Autonomous agents on the XRP Ledger are now capable of carrying out complex tasks such as evaluating, purchasing, and utilizing digital resources without human involvement. The focus is not just on micropayments, but on how these agents might eventually drive larger-scale economic activity.
Potential for complex financial applicationsLooking ahead, Chandler outlined scenarios where AI agents could be granted restricted authority over user accounts, enabling them to plan operations such as booking travel or purchasing subscriptions within set budgets and approval rules. This would require robust systems for defining spending limits, merchant restrictions, audit trails, risk controls, and dispute management.
He also indicated that agentic payments could involve a range of XRP Ledger assets, including XRP itself and RLUSD, a digital stablecoin. These developments open the door to potential bridges between traditional finance and decentralized blockchain payments, allowing agents to operate within both spheres seamlessly.
Mini dictionary: RLUSD, a US dollar-pegged stablecoin designed for use on the XRP Ledger, commonly used to facilitate low-volatility trades and agent-driven transactions.
Measuring network growth: Beyond TPSChandler addressed the common debate over whether the XRP Ledger’s transaction throughput, or TPS (transactions per second), is the main indicator of progress for agentic adoption. He argued that not every action performed by an AI agent should translate into a network transaction. Instead, agents may conduct multiple evaluations and checks before deciding on a single impactful payment.
Consequently, future workload and utility on the XRP Ledger will likely depend on broader economic factors such as cumulative agent activity, merchant transaction volume, revenue, and agent compliance with specified permissions and limits.
The XRP Ledger’s record of 2.2 million agentic transactions is an early signal of momentum in the machine-driven economy, but the real measure will be whether these agents deliver lasting value for users, merchants, and the wider XRPL ecosystem.
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.
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.
Activity on the XRP Ledger is rapidly increasing, and one of the biggest increases is seen in a metric that is directly related to the level of network usage. The number of transactions per closed ledger has increased by 150.2%, to about 176.33. Transactions per ledger quantifies the amount of activity the network is actually processing during each ledger cycle, in contrast to metrics that may increase just because XRP's market price rises.
XRP packing up more operationsTherefore, a 150% increase means that each ledger is now packing far more operations than it did previously. This is supported by the larger XRPL data. Successful transactions rose by an even greater 111.8% to 2.2 million, while total transactions increased by 78.9% to 2.6 million.
XRP/USDT Chart by TradingViewPayments increased by 8.9% to approximately 605,400. Additionally, user data has improved. The active-user metric surged 224% to roughly 483,600, while active accounts increased 27.7% to 17,300. Approximately 2,600 new accounts were opened, a 28% increase.
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It is more difficult to write off the transaction-per-ledger spike as a singular technical anomaly in light of these numbers. Additionally, value transferred via the network is increasing. While XRP burned through transaction fees increased by 81.3%, payment volume increased by 140.8% to roughly 739.8 million XRP. Another powerful element is activity connected to the DEX.
How XRP's price is affectedOfferCancel operations increased 150.8% to 222,300, while OfferCreate operations increased 56.2% to roughly 965,700. This suggests much greater engagement with XRPL's in-house trading infrastructure. The network expansion coincides with a sharp change in the price of XRP.
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XRP quickly broke through its major moving averages and is currently trading at about $1.48. With a sharp increase in trading volume, the token has passed the long-term moving average at $1.35. The daily RSI has reached about 85.9, placing XRP firmly in overbought territory. This is one clear short-term risk. A cooling-off period or retest becomes more likely as a result.
However, the key difference is that XRP's surge is happening in tandem with a quantifiable increase in ledger usage. The network data would offer much more convincing proof that the move goes beyond speculative trading if transaction density and active-user numbers remain high after the initial price breakout subsides.
XRP went on a wild ride in the past several days but it has now pulled back. What's next for the asset?
After a highly volatile, eventful, and finally positive few days following the Wednesday Treasury Department announcement, Ripple’s XRP has slowed down by dipping from $1.70 to $1.50.
Its fluctuations went through the roof recently, and many analysts have started speculating on what’s coming next. Here are some of the latest analyses and predictions.
All Eyes on $1.70 The massive surge began after XRP challenged the $1.00 support on several occasions in the past few weeks, but the bulls stepped up on Wednesday and drove the cryptocurrency to a multi-month peak of $1.70 on Saturday morning. This means that the token had skyrocketed by 70% in less than 72 hours.
However, the rejection at that level was quite painful. The first analyst to outline its significance was EGRAG CRYPTO, who argued that XRP has now moved into its most important area following months of bearish price action. His chart places particular emphasis on the region between $1.65 and $1.70, which has capped the token’s movements for most of 2026.
From this point forward, a successful surge past that level would not only produce a new local peak but also remove the resistance that has halted the asset’s strongest rally since late 2024. CasiTrades is also watching the post-rally structure closely, noting in her analysis that XRP’s latest move reached a decisive technical area where the subsequent correction will help determine whether the broader bullish structure remains intact.
A pullback after a 70% surge is not unusual; in fact, it’s almost expected, but the depth of that retracement matters considerably.
What If XRP Breaks Above It Dark Defender continues to view the asset’s broader Elliott Wave structure as bullish, while ChartNerd focuses on its ability to reclaim other major higher-timeframe technical levels following its dip below $1.00. The latter previously said XRP is likely to sweep below the psychological level in 2026 before recovering.
You may also like: BTC, ETH, XRP Tumble as Wintermute Builds Heavy Short Positions Ripple (XRP) Hits $1.42 After Breaking Crucial Resistance Zone: Is the ATH Now Back in Sight? Ripple Whales Go Crazy as XRP Price Can’t Stop Surging The landscape changed, though, and now XRP has to prove that the rejection at $1.70 was merely a temporary obstacle rather than the end of its relief rally. A decisive breakout above that area would strengthen the argument that the $1.00 bottom marked earlier this month represents more than just a temporary low.
Dark Defender noted that XRP’s first targets would be somewhere between $1.80 and the next psychological level at $2.00. As such, many analysts have come to an agreement on X that $1.70 becomes the token’s most important obstacle now, and the broader trend will flip bullish only after it reclaims it.
XRP Ledger (XRPL), the decentralized blockchain network supporting the XRP cryptocurrency, has registered a sharp surge in activity, with several core network metrics rising dramatically alongside a recent price breakout for XRP.
Network Usage Metrics SurgeRecent data shows transactions per closed ledger on XRPL have soared by 150.2%, reaching an average of 176.33 transactions per ledger. This figure tracks the total processed activity per ledger cycle, revealing a substantial increase in network utilization beyond simple price movements.
Overall, successful transactions on the network climbed 111.8% to a total of 2.2 million. When including all transaction types, the increase amounts to a 78.9% rise, with 2.6 million transactions recorded in the most recent period.
The number of payments made on the network also rose, increasing 8.9% to roughly 605,400. User participation reflected this momentum. Active-user numbers grew 224% to approximately 483,600, while active accounts advanced by 27.7% to about 17,300. Additionally, new account creations reached around 2,600, a 28% jump compared to previous periods.
With transactions per ledger up 150%, and active users climbing over 220%, XRPL is experiencing one of its strongest periods of network growth to date. This pace suggests the latest price rally is supported by genuine network usage.
Given these statistics, observers say the spike in transaction-per-ledger appears to stem from broad-based growth rather than isolated technical causes.
Value Transfer and Decentralized Exchange ActivityTotal value transferred on the XRPL is also rising sharply. XRP burned through transaction fees registered an 81.3% increase. Payment volume jumped 140.8% to around 739.8 million XRP. These gains indicate more capital is moving across the network as activity picks up.
Decentralized exchange (DEX) activity on XRPL has climbed as well. The number of OfferCancel operations grew by 150.8% to 222,300, while OfferCreate functions advanced 56.2% to about 965,700. This reflects a higher level of user engagement with the ledger’s built-in trading features.
Mini dictionary: OfferCreate/OfferCancel, XRPL’s decentralized exchange operations allow users to place or remove orders directly on the ledger without third-party intermediaries. OfferCreate initiates a new trade, while OfferCancel removes an existing order. These functions offer a trustless, on-chain trading experience.
This period of expansion aligns with significant price action for XRP. The token has surged, trading at approximately $1.48 after breaking through key resistance levels.
XRP Price Moves and Market SentimentXRP recently passed the long-term moving average of $1.35, driven by a sharp increase in trading volume. The daily relative strength index (RSI) now sits at 85.9, which signals the token is in overbought territory and indicates potential short-term risk of a correction or a cooling-off period.
MetricPreviousCurrentGrowth (%)Transactions per Ledger~70.5176.33+150.2%Successful Transactions1.04 million2.2 million+111.8%Active Users149,300483,600+224%XRP Price$1.35 (MA)$1.48N/AAnalysts suggest that, unlike previous speculative price surges, XRP’s current rally is correlated with higher network engagement and user activity. If transaction and active-user figures remain strong after the initial surge, the data could reinforce the argument that XRP’s move is underpinned by real usage as much as by trading sentiment.
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.
Zcash (ZEC) has surged past $814 for the first time in eight years, fully recovering from a significant drop to $250 in June that followed a security issue in its Orchard privacy pool. This substantial increase pushed Zcash’s market capitalization to $13.74 billion, reigniting community discussions about whether Zcash could eventually overtake XRP in terms of market value.
Zcash ETF set for NYSE Arca launchGrayscale Investments, a major US digital asset management firm, has completed submissions to the Securities and Exchange Commission (SEC) for the listing of the first spot Zcash exchange-traded fund (ETF). The fund, set to trade under the ticker ZCSH, is scheduled to begin trading on NYSE Arca on August 25, 2026. ZCSH will hold up to 393,000 ZEC, valued at more than $260 million, with Coinbase appointed as fund custodian.
The move marks Zcash’s entry into traditional finance channels, aligning it with other major cryptocurrencies offering direct market exposure through ETFs.
A Grayscale executive described Zcash’s privacy features as fundamental to the future of digital transactions, comparing transaction protection to a “second amendment of the internet.”
Market capitalization comparison with XRPThe idea of Zcash “flipping” XRP has gained traction within the crypto community. XRP, the leading digital asset issued by Ripple, has historically been one of the world’s five largest cryptocurrencies and acts as a significant benchmark in market capitalization rankings. XRP currently holds a market capitalization of $93.45 billion, with each token priced at $1.49, buoyed by the large volume of coins in circulation.
In contrast, Zcash’s market capitalization stands at $13.74 billion. Due to its strictly limited supply, reaching XRP’s current market capitalization would require the price of ZEC to climb to $5,537.93, a 680% increase from current levels. Some analysts have set medium-term projections above $2,500, citing momentum from the upcoming ETF launch and quantum-resistant network upgrades planned for Zcash’s protocol.
MetricXRPZcashMarket Cap$93.45 billion$13.74 billionPrice per Token$1.49$814SupplyLargeStrictly limitedPotential Price at XRP’s Market Cap–$5,537.93Both assets now operate within the same recognized investment structures after the ETF approval process: while XRP is already included in several ETF frameworks trading in the United States, Zcash is poised to follow suit.
Outlook and industry reactionsIndustry leaders and analysts have begun exploring scenarios in which Zcash and XRP occupy comparable positions in the cryptocurrency market. However, most observers describe the idea of Zcash overtaking XRP in market capitalization as a theoretical projection rather than an imminent reality. The true measure of institutional interest in Zcash will come from trading volumes and investor activity following the debut of the ZCSH ETF.
The difference in market capitalization suggests that if Zcash matched XRP’s current value, one ZEC would reach $5,537.93, more than a sixfold increase from today’s price.
Access to traditional financial markets through a NYSE Arca listing and planned upgrades to quantum-resistant cryptography have invigorated investor sentiment, leading to renewed debate about Zcash’s future standing among top cryptocurrencies.
Grayscale Investments, founded in 2013, is recognized as one of the world’s largest digital asset managers, offering diverse exposure to cryptocurrencies through regulated investment products.
Mini dictionary: Quantum-resistant network upgrades, or post-quantum cryptography, are cryptographic protocols designed to withstand attacks from quantum computers, which could potentially break current encryption standards used in blockchain networks.
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.
Nearly $100 million in longs were wrecked in the past hour.
Bitcoin’s price suddenly dipped to $75,500 after it failed to remain above $77,000 during the weekend. Most altcoins have followed suit, including the largest ones, which performed a lot better on Friday and Saturday.
This volatility, untypical for the weekend, came amid reports that one of the most prominent market makers, Wintermute, had gone short on a few fronts.
At first, Onchain Lens noted that the company sent nearly $60 million in BTC and SOL to Binance and Coinbase, likely intending to sell. In addition, the analytics resource said Wintermute has built up a massive futures position on Hyperliquid.
Although current on-chain data shows that the company has a $13.85 million long position, the lion’s share of this leveraged trade is shorting the market – $146.19 million.
WINTERMUTE IS HEAVILY SHORT 🐻
Wintermute currently holds $160.03M in open positions on Hyperliquid, with $146.19M short and just $13.85M long.
The positions are sitting at a combined unrealized loss of $3.66M, while earning $2.14M in funding.
Bitcoin’s price, which had one of its most impressive weeks in years, surging from $64,000 to almost $80,000 in less than 48 hours, reacted with a dip on Sunday morning. The asset had calmed at over $77,000 but slipped by over a grand and a half to $75,500. It found some support there, and now sits above $76,000, but it’s still 2% down on the day.
Many altcoins have posted more painful losses. ETH has dropped by 5% to well below $2,400, while XRP is down by 6.5%. Ripple’s token was rejected at $1.70 on Friday evening and Saturday morning, and is now back below $1.50.
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This Sunday correction came after a few signals suggested that bitcoin is due for a pullback after gaining $15,000 in days.
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 price of Zcash (ZEC) has exceeded $814 for the first time in eight years, fully recovering from its June decline to $250 caused by a vulnerability in the Orchard pool. The coin's surge and increase in market capitalization to $13.74 billion were driven by the upcoming listing of the first spot Zcash fund, the Zcash ETF, prompting the community to discuss whether Zcash could eventually "flip" XRP by market capitalization.
Grayscale Investments has already submitted the final documents to the SEC. Trading in the fund under the ticker ZCSH is expected to begin on NYSE Arca on August 25, 2026. The fund holds up to 393,000 ZEC worth more than $260 million, with Coinbase serving as custodian.
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Zcash's surge ahead of its NYSE listing has brought financial privacy back into the spotlight. Mert Mumtaz, CEO of infrastructure company Helius, reiterated his earlier call to "encrypt the money" and publicly pledged to lobby for privacy coins until Zcash regains its status as a top-three asset by market capitalization.
Zcash weekly price chart showing a surge to an 8-year high of $816.81 alongside a supportive post by Helius CEO Mert Mumtaz. Source: TradingViewThe executive emphasized that transaction protection is a basic human right in digital finance, effectively calling the technology the "second amendment of the internet."
Is an XRP "flip" realistic?Following statements from industry leaders, the expert community has begun actively discussing theoretical scenarios in which Zcash and XRP could reach comparable market shares.
The choice of the Ripple-associated token as the main benchmark for a potential "flip" is driven by its status. Historically established among the world's five largest cryptocurrencies, XRP represents the main barrier on the path to the top of the market, behind only Bitcoin, Ethereum, and stablecoins.
In addition, both coins now compete in the same traditional finance arena: XRP already has ETF structures trading in the United States, and Zcash is now joining it.
In numerical terms, the difference looks as follows:
XRP has a market capitalization of $93.45 billion at a price of $1.49 per token, driven by the enormous number of coins in circulation.Zcash currently has a market capitalization of $13.74 billion.Due to Zcash's strictly limited supply, if it hypothetically reached XRP's current market capitalization, one ZEC would be worth $5,537.93, representing a 680% increase from current levels. You Might Also Like
Access to the traditional stock market through an ETF listed on NYSE Arca, together with preparations for quantum-resistant network upgrades, has shifted medium-term expectations among major market participants toward $2,500 and above.
Nevertheless, analysts view the scenario in which Zcash could fully "flip" XRP exclusively as a long-term mathematical benchmark. The true depth of institutional demand for Zcash will be determined by ZCSH's trading volumes during the first few days after its listing.
Bitcoin, Ethereum ve XRP hafta sonundaki sert yükselişin ardından geri çekildi. Bitcoin 75.500 dolara kadar inerken Ethereum 2.400 doların altına, XRP ise 1,50 doların altına geriledi. Piyasadaki hareketin arkasında ise büyük piyasa yapıcılardan Wintermute’un açtığı iddia edilen yüksek hacimli short pozisyonlar dikkat çekti.
Bitcoin, kısa sürede 64.000 dolardan yaklaşık 80.000 dolara yükselerek son yılların en güçlü haftalarından birini geçirirken pazar günü satış baskısıyla karşılaştı. 77.000 doların üzerinde tutunamayan BTC, 75.500 dolara kadar geriledi. Fiyat daha sonra 76.000 doların üzerine çıksa da günlük kayıp yaklaşık %2 seviyesinde kaldı.
Wintermute Bitcoin ve Solana Transferleriyle Dikkat Çekti Onchain Lens verilerine göre Wintermute, yaklaşık 60 milyon dolar değerinde BTC ve Solana‘yı Binance ve Coinbase’e gönderdi. Bu tür transferler, varlıkların satış amacıyla borsalara taşındığı şeklinde yorumlanabiliyor.
Ancak asıl dikkat çeken gelişme Wintermute’un Hyperliquid üzerindeki vadeli işlem pozisyonları oldu. Mevcut on-chain verilere göre şirketin yaklaşık 13,85 milyon dolarlık long pozisyonuna karşılık 146,19 milyon dolarlık short pozisyonu bulunuyor.
Bu tablo, Wintermute’un söz konusu işlemlerde ağırlıklı olarak piyasanın düşeceği yönünde pozisyon aldığını gösteriyor. Ancak transferlerin veya pozisyonların kesin olarak satış amacı taşıdığını söylemek mümkün değil.
WINTERMUTE SENDS $57M TO BINANCE AND COINBASE
Wintermute moved 129.54K $SOL (~$12.42M) and 169.5 $BTC (~$13.11M) to Binance, likely to sell
Another 407.47 $BTC (~$31.36M) was moved through intermediary wallets and later forwarded to Coinbase. pic.twitter.com/BKxklfnHSn
— Onchain Lens (@OnchainLens) August 23, 2026
Bitcoin Neden 75.500 Dolara Geriledi? Bitcoin’in sert yükselişinin ardından gelen düşüş, hafta sonu için dikkat çekici bir volatilite yarattı. BTC, 64.000 dolar seviyesinden yaklaşık 80.000 dolara kadar yükselmişti.
Pazar günü 77.000 doların üzerinde kalamayan Bitcoin, kısa sürede 1.500 dolardan fazla gerileyerek 75.500 doları gördü. Bu seviyede destek bulan BTC yeniden 76.000 doların üzerine çıktı ancak günlük bazda yaklaşık %2 ekside kaldı.
Ethereum ve XRP’deki düşüş ise Bitcoin’den daha sert oldu. ETH yaklaşık %5 gerileyerek 2.400 doların altına inerken XRP %6,5 değer kaybetti.
XRP, cuma akşamı ve cumartesi sabahı 1,70 dolar seviyesinde reddedilmişti. Son düşüşle birlikte token yeniden 1,50 doların altına indi.
Kripto Piyasasında 350 Milyon Dolarlık Tasfiye Hafta sonundaki düşüş kaldıraçlı işlemlerde de büyük kayıplara yol açtı. CoinGlass verilerine göre yalnızca son bir saatte yaklaşık 100 milyon dolarlık long pozisyon tasfiye edildi.
Bu tasfiyelerde Bitcoin ve Ethereum’un payı yaklaşık 41,5’er milyon dolar oldu.
Son 24 saatteki toplam tasfiye miktarı ise 350 milyon doları aştı. Aynı süreçte 90.000’den fazla yatırımcının kaldıraçlı pozisyonu tasfiye edildi.
Bitcoin’in yalnızca birkaç gün içinde yaklaşık 15.000 dolarlık yükseliş yaşaması, piyasada kısa vadeli bir düzeltme ihtimalini artıran sinyallerin oluşmasına neden olmuştu. Pazar günkü hareket, bu sert yükselişin ardından gelen ilk belirgin geri çekilmelerden biri oldu.
Şimdi piyasada kritik soru, Bitcoin’in 75.500-76.000 dolar bölgesinde destek bulup bulamayacağı. Bu seviyenin korunması halinde hafta sonu düşüşü kısa vadeli bir düzeltme olarak kalabilir. Satış baskısının devam etmesi ise Ethereum ve XRP başta olmak üzere altcoinlerde daha derin geri çekilmeleri gündeme getirebilir.
Bu içerik genel piyasa verilerine dayanır ve yatırım tavsiyesi değildir. Kendi araştırmanızı yapmanızı öneririz.
Son Dakika kripto para haberleri için hemen tıkla.
Konu ile ilgili yorumlarınızı bize yazabilirsiniz. Ayrıca, bu tarz bilgilendirici içeriklerin devamının gelmesini isterseniz, bizleri Telegram, Youtube ve Twitter kanallarımızdan takip edebilirsiniz.
XRP posted a significant price surge, rallying from just under $1 to highs near $1.42, catching the attention of technical analysts following several months of subdued performance and uncertainty in the regulatory landscape.
Sharp rebound follows policy meetingChartNerd, a widely followed technical analyst, identified XRP’s latest jump as leaving the token “firmly in overbought territory.” His analysis pointed to a Stochastic RSI of 100 and an RSI of 83.63, both signaling that upward momentum had reached extended levels during this rally.
XRP’s price action saw a steep ascent from a $0.98 low, briefly reaching a high of $1.42 before stabilizing around $1.40 at the time of analysis. The rally began after XRP spent most of August consolidating near the $1 mark, weighed down by selling pressure as well as pending legislative decisions regarding the CLARITY Act, which aims to clarify regulatory oversight of digital assets between the SEC and CFTC.
The turning point arrived with a crypto policy summit at the White House on August 19, attended by Ripple CEO Brad Garlinghouse, President Trump, SEC Chair Paul Atkins, and CFTC Chair Michael Selig. The meeting sought to push legislative progress on the CLARITY Act. In response, XRP jumped 12% in a single day, also attracting $5.81 million in spot XRP ETF inflows.
By August 20, XRP had gained 30% from its weekly low, breaking out of a year-long downtrend and reclaiming its 50-day EMA for the first time in over three months.
ChartNerd’s reading showed the rally propelled $XRP into a technically overbought zone, with both Stochastic RSI and RSI at levels rarely seen except during explosive bull runs.
Debate intensifies around price directionThe sharp rally fueled differing opinions among market participants. Some traders projected that XRP would reach $1.60 before facing a correction, while others argued a pullback was imminent due to the extreme overbought signals. One trader pointed to a Fair Value Gap as an argument for ongoing bullish momentum, suggesting the structure could support further gains without immediate correction.
Not all community members expressed optimism. Skepticism surfaced, with one user voicing doubt about analysts’ ability to predict market moves, highlighting a year of failed forecasts prior to this breakout. ChartNerd responded by referencing his earlier call for a move below $1, underscoring that his projections had long been on record.
XRP’s move toward the $1.50 resistance has heightened volatility, with traders divided on whether the run can extend to $1.60 or if a cooling-off period is due before further upside.
New trading dynamics reshape asset accessWith such high volatility and breakouts across key resistance levels, investors are increasingly seeking real-time and direct access to both crypto and traditional assets. While traditional markets have long relied on networks of intermediaries, the rapid tokenization of Real-World Assets (RWAs) is ushering in a new era. Institutional and retail players now use platforms like 1stepSwap to hold tokenized shares of major US companies, gold, and silver directly in their crypto wallets, instantly sourcing best-available market prices and removing middlemen from the process.
Next resistance comes into focusAs of now, the $1.50 level remains the key resistance watching point for XRP. ChartNerd maintained that the rally still appears active but stressed the need for additional confirmation before expecting further moves higher. Some community observers now see $1.60 as the crucial barrier to test before any extended pullback, but acknowledge that heavily overbought readings could trigger a retracement before reaching that milestone.
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.
Crypto analyst Steph Is Crypto projected that XRP could surge to $30,000 per token, linking this forecast to recent statements by Ripple CEO Brad Garlinghouse. The comment sparked significant debate within the XRP community, with some supporters endorsing the target while others expressed skepticism.
Ripple CEO discusses regulatory changesAt a recent appearance before the CFTC Innovation Advisory Committee, Brad Garlinghouse addressed Ripple’s legal battle with the SEC and spoke about the evolving regulatory environment in the United States. He revealed that Ripple had spent $150 million on external legal counsel during its four-year conflict with the SEC.
Garlinghouse recalled what the company endured during this period, describing Ripple as being “the center of the bullseye of the SEC’s lawfare.” He remarked that many companies facing similar pressure might not have survived, with some being forced to comply before any formal litigation began.
He contrasted this with the current landscape, noting, “What a difference leadership makes,” and acknowledged the roles of both the CFTC and the SEC’s current administration in establishing clearer guidance. According to Garlinghouse, explicit regulatory rules are necessary to safeguard users and foster an environment where responsible businesses can operate with confidence in the US.
Garlinghouse emphasized that these technologies can make moving money faster, more efficient, and more accessible, but only if regulatory clarity is achieved.
Steph Is Crypto highlighted Garlinghouse’s optimism and recent regulatory developments as the foundation for a bullish scenario. The analyst argued that ongoing regulatory changes could have a massive impact on XRP’s price trajectory, raising the prospect of an extreme rally.
The $30,000 target immediately became a point of contention. While some in the XRP community rallied behind the prediction, others questioned its plausibility and called for a focus on more attainable price levels, suggesting that reaching $5 to $10 would be a significant milestone. Several participants remarked that even $100 to $500 per XRP would be an exceptional achievement.
Others challenged the validity of Steph’s analysis, alleging that such predictions attract attention but lack a realistic foundation. A few community members humorously commented that settling for $589 would be satisfactory compared to the ambitious $30,000 mark.
Community members expressed that while these high targets spark excitement, a more conservative approach may reflect the current state of the market and the journey XRP still faces.
Regulatory clarity and technology adoption in focusThe broader conversation centers on whether regulatory certainty can unlock further gains for XRP. Garlinghouse concluded his remarks by stressing that regulatory clarity remains the most important driver for wider adoption and innovation in payment technologies.
Amid such volatile predictions and rapid shifts in the market, tracking charts, regulatory news, and portfolio performance has become increasingly complex for investors. In a market where a single Fed decision or a sudden altcoin listing can change everything in seconds, switching between multiple platforms not only wastes time but may also result in missed opportunities. Smart traders are addressing these challenges by using privacy-first tools like CryptoAppsy, which brings real-time charts, smart price alerts, coin-specific news, and crucial macroeconomic data together on a single interface—without the need to set up an account.
Although it remains uncertain whether XRP will approach the ambitious forecast, the discourse shows regulatory clarity is now regarded as a central element shaping both sentiment and expectations for the asset’s future.
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 last week has proven extremely strong for XRP as the asset regained momentum across both its spot and ETF markets, following its recent price rally.
Over the period, XRP saw its price suddenly flip bullish after seeing stronger demand from investors, causing its ETF market to post its best weekly performance since May.
Nearly $40 million fresh capital Per data provided by SosoValue, XRP ETFs saw steady inflows on nearly all days of the week as they attracted a total of $39.78 million in net inflows last week.
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While this is coming after multiple weeks of recording little to no fresh capital, the inflows seen last week mark a major recovery from a prolonged period of relatively muted demand.
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The largest share of the fresh capital flowed in on August 21st, when XRP rallied by over 20% within a 24-hour period and the XRP ETFs also recorded $18.38 million in net inflows during the same day.
This resurgence in demand for XRP ETFs triggered an increase in their cumulative net inflows, causing them to rise to a massive $1.55 billion milestone since they launched late last year.
Bitwise continues to buy XRPWhile the major XRP ETF recovery came amid a broader crypto market resurgence, XRP's price rallied by nearly 60% over the period, drawing attention to the leading altcoin.
Amid the bullish momentum, institutional investors continued to increasingly demand the XRP product through Bitwise as the firm led all XRP funds on all their positive trading days.
While Bitwise also led the latest inflow with a fresh capital intake of $16.89 million, the Bitwise XRP ETF now boasts about $443.46 million in net assets.
XRP entered the spotlight after Vice President JD Vance participated in a televised discussion about the U.S. national debt, where he was questioned about the government’s position on holding cryptocurrencies such as XRP to help address fiscal liabilities.
Government Policy and Official StatementsDuring an Aug. 20 Newsmax interview, host Carl Higbie directed attention to previous remarks from President Donald Trump regarding the possibility of a cryptocurrency reserve. Higbie recalled that Trump had referenced digital assets including bitcoin, XRP, ether, solana, and cardano as potential components of such a reserve.
Higbie asked Vance whether the administration planned to leverage these digital assets, specifically XRP, as a means to reduce the nation’s mounting debt, which surpassed $40 trillion in August, according to Treasury Department data.
Vice President Vance did not offer a direct response about XRP or discuss adopting a cryptocurrency policy linked to repaying federal debt. Instead, he emphasized the administration’s focus on economic growth and the prospect of establishing a sovereign wealth fund, which would invest in various assets for the nation’s benefit.
Vance also pointed to Treasury Secretary Scott Bessent’s economic plan, stating that the goal is to ensure the economy grows at a faster rate than national debt. There was no suggestion that the government would buy XRP, use cryptocurrencies to settle liabilities, or place digital assets within the planned sovereign wealth fund.
XRP was mentioned alongside bitcoin and other tokens when President Trump explored the idea of a cryptocurrency reserve earlier in 2025. However, there is no indication from current officials that the digital asset will play a formal role in government debt management or fiscal operations.
Reuters previously reported that President Trump’s executive order, signed four days after the March mention, established two specific government reserves: a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile. The Bitcoin reserve contains tokens acquired through forfeiture, while the digital asset stockpile includes other seized cryptocurrencies. XRP is not individually named in the executive order, and further acquisitions of non-bitcoin assets would require additional executive or legislative action.
Market Reaction and Technical OutlookXRP traded close to $1.56 early on Aug. 22, representing a rise from about $1 earlier in the week. As trading volume increased, the token briefly touched $1.70 before consolidating. The price surge started on Aug. 19, ahead of the Vance interview’s broadcast, indicating that the public discussion did not trigger the rally.
Technical analysis showed XRP holding above its 50-period exponential moving average of $1.16 on the four-hour chart. The relative strength index (RSI) climbed to 88.78, suggesting significant momentum but also a possible risk of overbought conditions.
With RSI readings above 70 typically considered overbought, traders often anticipate increased volatility or profit-taking, although this does not guarantee a change in trend.
The nearest short-term support level is now seen at $1.34, a key resistance area reclaimed during the breakout. A deeper support zone sits near $1.16, matching the 50-period moving average. Sustained action above $1.70 could encourage further upside, while closing below $1.34 may signal a larger downward correction.
While monitoring key technical signals is vital, a broader market transformation is also under way. Wall Street is moving to Web3 as investors increasingly use platforms like 1stepSwap to directly hold shares of major U.S. companies, gold, and silver in their crypto wallets. By tokenizing real-world assets and seeking the best market prices automatically, these platforms eliminate the need for intermediaries.
Despite renewed attention from the debt debate, officials have not announced any policy to purchase XRP, reduce national debt using cryptocurrencies, or widen the government’s crypto asset strategy. The sovereign wealth fund concept remains unrelated to digital asset reserves at this time, and there is no confirmation that XRP will be included in future federal investment vehicles.
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.
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.
Ripple stablecoin product lead Lauren Berta has highlighted an upcoming XRP Ledger feature that could matter greatly for the RLUSD stablecoin: permission delegation.
Version 3.3.0 of xrpld, the reference server implementation of the XRP Ledger protocol, released earlier this month, introduced XLS-75—'PermissionDelegationV1_1: Granular account Permission Delegation.'
The Permission Delegation amendment is currently up for validator voting on the XRP Ledger, and according to Berta, has the potential to unlock an important capability for institutions issuing regulated assets on XRPL.
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Permission Delegation is currently up for validator voting on the XRP Ledger, and it has the potential to unlock an important capability for institutions issuing regulated assets on XRPL.
Here's why that matters for $RLUSD and every regulated token on the ledger. 🧵
— Lauren (@rootveg444) August 21, 2026 In a lengthy threaded post, Berta explains why permission delegation matters for RLUSD and every regulated token on the ledger. Currently, an XRPL token issuer account controls key functions like minting, freezing, clawback, or trust line authorization. For regulated issuers, those responsibilities often sit across different teams such as compliance, operations, security, and others.
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The Permission Delegation feature is designed to reflect this reality as it allows issuers to delegate specific actions to separate accounts while keeping the issuer account secure. Berta cited an instance where the compliance team gets freeze and clawback, Ops gets mint and burn, and a KYC provider gets trust line authorization, while each team uses its own keys.
Berta noted that this separation of duties is how stablecoin issuers operate on other chains, with different teams being responsible for different functions. The Ripple stablecoin product lead added that Permission Delegation will enable this same operational structure for RLUSD on the XRP Ledger, natively at the protocol level, which is entirely distinct from multisig.
Multisig vs Permission DelegationWhile multisig requires parties to approve a transaction, delegation authorizes an account to perform a specific action on another's behalf.
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"One splits approval authority. The other splits responsibilities," Berta added, noting that multisig and permission delegation solve different problems. Importantly, delegation does not mean giving up control.
Permission delegation remains essential as stablecoin issuers, RWA tokenizers, and asset managers bringing regulated instruments onchain need ways to separate the teams moving assets, enforcing compliance, and managing security.
While permission delegation is currently in validator voting, in parallel, the RLUSD team is building and testing the functionality on devnet in preparation for its activation.
In a notable milestone, Ripple USD (RLUSD) stablecoin total circulating supply has topped $2 billion.
Bitcoin and XRP may be part of President Donald Trump’s broader crypto plans, but Vice President JD Vance is not backing them as a direct way to reduce the U.S. debt.
With national debt now above $40 trillion, Vance pointed to economic growth, foreign investment, and Treasury Secretary Scott Bessent’s plan instead.
Vance Reveals Trump’s Economic StrategyDuring a Newsmax interview, host Carl Higbie asked JD Vance,
“President Trump was talking about a crypto reserve with Bitcoin and XRP and a few other things. Is there anything on the horizon to start offsetting this?”
In response, Vance noticeably avoided backing crypto as the direct solution, pivoting instead to Treasury Secretary Scott Bessent’s traditional economic growth model, which aims to make the U.S. economy grow faster than its debt.
Vance said Bessent has a “very discreet plan,” of course, supported by the president of the United States, to get the United States to a point where our economy is growing faster than our debt. And if you look, we are on track.”
The focus is also shifting toward traditional capital.
Vance said nearly $19 trillion in foreign investment is expected to enter the U.S. over the next decade, which could expand the tax base and support the Treasury market.
Sovereign Wealth Fund Could Still Include BitcoinVance also points out Trump’s interest in creating a U.S. sovereign wealth fund. While Bitcoin could potentially become part of a wider asset mix, the fund would focus more broadly on domestic equities, energy and other strategic assets.
That makes crypto look more like a possible supporting asset than a direct tool for paying down the debt.
Trump also addressed the reserve question at the White House gathering, saying a Bitcoin reserve “has been talked about” and that it had “taken a lot of pressure off the dollar.”
However, he pointed to SEC Chairman Paul Atkins and CFTC Chairman Michael Selig for the final structural decisions.
CLARITY Act Takes Priority Over Crypto ReserveThe administration’s immediate crypto focus also appears to be regulation. Vance has backed the CLARITY Act, calling it “very important” for the U.S. technology sector.
The bill aims to establish clearer rules for digital assets and blockchain projects, potentially giving companies more certainty to build in the U.S.
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XRP and Bitcoin were directly referenced in a high-profile interview with US Vice President JD Vance, as the future role of digital assets in America’s debt strategy came into focus this week.
XRP enters national debt discussionDuring an interview on Newsmax, host Carl Higbie questioned Vice President Vance about the potential for cryptocurrencies like Bitcoin and XRP to be included in a national crypto reserve. Higbie mentioned recent comments by President Donald Trump, suggesting that digital assets could strengthen the country’s financial position amid ongoing concerns about the ballooning US national debt.
Vance did not endorse using XRP or any cryptocurrency to directly pay off national debt. Instead, he outlined government strategies aimed at promoting economic growth faster than the rate of debt accumulation. Vance noted that Treasury Secretary Scott Bessent is developing a sovereign wealth fund plan designed to support this goal.
He acknowledged that the country’s debt remains high and criticized the current cost of servicing it, emphasizing that the administration inherited an environment where debt outpaced GDP growth. Vance expressed cautious optimism that recent measures are making progress toward a more balanced fiscal outlook.
XRP and Bitcoin were raised in a national conversation about the US financial future. While the administration is exploring ideas to grow the economy and manage the debt, direct usage of XRP in servicing national obligations was not confirmed. The focus remains on sound economic policy and regulatory progress.
Crypto Dyl News, a digital asset news platform, described the exchange as a significant moment for XRP holders, highlighting the token’s mention in such a high-level policy debate.
Mini dictionary: Scott Bessent is the current US Secretary of the Treasury, responsible for overseeing federal financial policy, managing government revenue, and advising the president on economic matters.
CLARITY Act and crypto regulationThe conversation soon shifted to cryptocurrency legislation. Higbie asked Vance about the future of the CLARITY Act, a proposed regulatory bill that could unlock new opportunities for investors and provide a clear framework for digital asset companies operating in the United States.
Vance said he hoped the CLARITY Act would advance before the August legislative recess but noted persistent partisan differences remain a hurdle. He stated that while some Republican senators oppose the bill, there is also resistance among some Democrats, requiring additional negotiation to move forward.
Describing the CLARITY Act as “a very important piece of legislation,” Vance added that the administration is working on it daily alongside lawmakers from both parties.
Vance stressed the importance of clearer regulations for crypto and blockchain companies, saying businesses want to comply with federal rules but need defined legal guidance to operate efficiently in the US market.
He argued that clear rules would help foster innovation and ensure the US remains competitive in global digital finance.
XRP’s profile elevated in policy debateCrypto Dyl News underscored the significance of XRP’s inclusion in the policy conversation, particularly as the token was highlighted alongside Bitcoin in the context of a proposed national crypto reserve. The platform also noted Ripple’s ongoing dialogue with US policymakers as legislation such as the CLARITY Act advances.
Despite XRP’s mention, Vance made no promises regarding its adoption in public reserves or direct use in reducing national debt. His comments largely addressed broader strategies on economic management, debt growth, and the regulatory landscape for digital assets.
Meanwhile, the administration’s support for the CLARITY Act points to continuing efforts to establish clear rules for the crypto industry at the federal level, which industry participants have long requested.
The interview marked another moment where digital assets are increasingly appearing at the heart of national policy conversations, reflecting the sector’s growing relevance in the US financial and political landscape.
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.
US Senator Tim Scott has offered his strongest indication yet that he expects the CLARITY Act—legislation aimed at clarifying regulatory rules for digital assets—to pass, placing September as a likely period for congressional progress. Scott’s remarks provide one of the most concrete timelines to date for those tracking the bill’s advancement through Congress.
Scott signals confidence in digital asset legislationSpeaking in a recent post on X, Scott declared that the CLARITY Act “will become law.” He emphasized that the main questions now concern the legislative process and the timeline for passage. The senator’s video statement repeated his confidence, noting, “at the end of the day, we win,” and highlighting that there is “no question” in his mind about the bill’s eventual success.
Scott stressed the bill’s dual focus: protecting US consumers in the digital asset market while ensuring that the country remains a competitive hub for innovation in blockchain and cryptocurrency sectors. He reiterated his commitment to shepherding the legislation through Congress and underscored the importance of regulatory clarity as market participants await new rules.
Scott described the path forward, stating that lawmakers must now determine “how to get the bill to the finish line and when that process will be completed,” with September emerging as a period with “a really good shot” at advancing the bill.
The CLARITY Act has been a central topic in ongoing efforts to develop a clear and cohesive regulatory environment for digital assets in the United States. Scott’s statements reflect the broader urgency among policymakers to address gaps in consumer protection while supporting industry growth.
September emerges as a critical windowScott’s identification of September as a likely window for progress marks a shift from broader, less defined expectations expressed in previous discussions. While he did not specify an exact date for passage, his remarks indicate that lawmakers are preparing for a decisive stretch in the coming months.
Observers note that the CLARITY Act aims to establish clear guidelines for cryptocurrencies and other digital assets, clarifying the roles of various regulators and providing the industry with greater legal certainty. Scott’s ongoing advocacy situates him as a key figure in steering the conversation, despite the complex legislative and political environment.
Supporters point out that clearer rules could help maintain America’s edge in digital asset development and encourage responsible innovation, even as questions persist around the final legislative steps.
Recent dialogue surrounding the bill has also coincided with broader trends in financial markets. While traditional markets often depend on intermediaries, a significant transformation is underway as major financial players explore Web3. Increasingly, investors are turning to platforms such as 1stepSwap to directly hold tokenized shares of US companies, gold, and silver within crypto wallets. This tokenization of Real-World Assets streamlines access to assets by removing middlemen and quickly securing the best market prices, reflecting a growing appetite for decentralized solutions in regulated markets.
Scott’s X post quickly drew reactions from users expressing frustration over the lack of a concrete timeline for the bill’s passage. Some commenters attributed these delays to political divisions and called for more decisive action by lawmakers, while others raised concerns about whether Congress could overcome remaining obstacles.
Despite the uncertainty, Scott maintained an optimistic stance, centering his message on the work still required and reiterating September as a promising period for legislative progress. His comments suggest that active negotiations and committee work may intensify over the summer as Congress approaches the identified window.
The CLARITY Act remains at the forefront of regulatory initiatives aimed at safeguarding consumers and fostering sustainable growth within the digital asset industry. The coming months are likely to bring increased focus as both industry participants and lawmakers monitor developments in Washington.
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 has recovered from its recent volatility, posting one of the biggest price breakouts seen this year as market sentiment suddenly flips bullish.
Amid the bullish momentum, XRP traders on prediction market platform Kalshi are betting on more upside movement for XRP after it just reclaimed its three-month high.
XRP to $1.70?The latest data provided by the prediction market firm shows that its traders are betting on XRP's chances of hitting $1.70 before the end of August.
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This shows that the traders are becoming more optimistic about XRP's potential of reaching a major milestone this month, as the latest breakout saw XRP skyrocket by over 58% within just one week.
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This prediction from Kalshi traders has proven accurate, as XRP's recent rally saw XRP recovering to May highs, offering it a good chance of hitting $1.70 before August runs out.
Following the rally, XRP surged to reclaim $1.69 as of Saturday, August 22, providing a high possibility of actually reaching $1.70 this August.
XRP rally coolsThe rapid price surge seen over the last few days has begun to cool, as XRP's daily price gains dropped modestly to around 9% compared to gains of over 20% seen in the last two days.
While it still maintains its momentum, trading on a bullish trajectory, XRP is currently hovering around the $1.5 mark, despite recording an intraday high of $1.69.
It remains uncertain if XRP has wrapped up its recent price breakout, but analysts predict a move past $1.70 is still possible this month if the rally extends.
Crypto commentator Isabelle stated that XRP trading between $1 and $10 reflects a retail-driven market, while valuations between $1,000 and $10,000 would signal that XRP had transformed into a core element of financial infrastructure.
Retail versus institutional pricingIsabelle argued that XRP’s current price range represents an environment dominated by individual traders who frequently debate modest price moves. She proposed that at levels below $10, XRP is primarily subject to speculative activity by retail investors. In contrast, she described a scenario in which XRP would be utilized as a back-end financial instrument, supporting large-scale settlements and transferring value at a global scale.
She outlined this distinction in a social media post, writing, “$XRP at $1–$10 is retail pricing. People buying. People selling. People arguing over every dollar. $XRP at $1,000–$10,000 is a completely different conversation. That’s infrastructure pricing. That’s what happens if $XRP moves from something retail trades… to something the system uses.”
$XRP at $1–$10 is retail pricing. People buying. People selling. People arguing over every dollar. $XRP at $1,000–$10,000 is a completely different conversation. That’s infrastructure pricing. That’s what happens if $XRP moves from something retail trades… to something the system uses.
Her comments centered on how a shift to “infrastructure pricing” would require the asset to serve a broader technical or economic role, well beyond speculative investment.
Chart comparison with Bitcoin’s market cyclesIn her post, Isabelle included a chart focusing on Bitcoin to contextualize how digital assets experience longer-term cycles. The chart highlights approximate 1,064-day intervals between major upward moves, typically followed by about a year of decline.
Using data beginning in 2015, the chart tracks Bitcoin’s historical trends and projects that a fresh cycle could drive BTC prices near $177,000 by 2029. While this graphic does not directly predict XRP prices, it supports the broader view that crypto assets can experience periods of rapid growth as their use cases expand.
This framework underscores the possibility that significant utility or institutional adoption could reshape market valuations for major cryptocurrencies.
AssetCurrent Market FocusPotential Institutional UseProjected Higher Valuation*XRPPrimarily retail trading ($1–$10)Large-scale global settlement$1,000–$10,000 (conditional)BitcoinStore of value, cyclesMacro hedge, reserve asset$177,000 (est. by 2029)Mini dictionary: Isabelle is an independent cryptocurrency analyst known for commentary on market structure and digital asset fundamentals via her social media presence.
Comments from other community members expanded on Isabelle’s distinction between retail pricing and institutional utility. Contributor Will Parker agreed that retail speculation could lift XRP towards $20, but argued that major institutional buyers represent a critical inflection point for achieving even higher valuations.
Parker described $100 as a “conservative” benchmark for initial institutional entry, referencing the impact of order slippage and transaction velocity on required prices for large-scale usage. Looking further ahead, he suggested that only institutional involvement could support potential $1,000 price levels for XRP.
Parker pointed to slippage and velocity as key barriers, stating that meaningful institutional adoption of XRP would demand much higher liquidity and could eventually allow prices to reach the $1,000 zone.
Another commentator, TokenTrailHQ, highlighted the scale of liquidity that would be required for XRP to function as a cross-border settlement mechanism. TokenTrailHQ noted that transition into global infrastructure would necessitate support for trillions of dollars in daily transactions.
Mini dictionary: Slippage refers to the difference between the expected price of a trade and the actual execution price, often caused by insufficient market liquidity in large transactions.
Utility, not speculation, needed for higher price rangesIsabelle’s thesis ultimately rests on the need for systemic use cases to drive XRP into a new price paradigm. She maintains that higher values, such as $1,000 or more, require adoption by institutions or financial networks rather than simply an influx of retail speculators.
The shift from being a speculative asset to serving as financial infrastructure would demand consistent liquidity, real-world transaction demand, and close integration with existing settlement systems.
For now, references to four-figure XRP prices remain hypothetical and are contingent on extensive market transformation. Isabelle’s distinction emphasizes that such price levels, if reached, would reflect a vastly expanded practical utility rather than a continuation of traditional trading behavior.
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.
AI now goes beyond simple analysis and advisory functions. It already makes payments. Thanks to the advent and development of autonomous agents capable of conducting banking and commercial transactions, the role of the XRP Ledger will undergo an evolution. In addition to its function as a visible settlement infrastructure, the network could also serve as a secondary financial layer, directly solicited by machines. This revolution also shifts the question of adoption. Beyond the traded volumes, the value of the blockchain would now be assessed by its ability to automate various payments, organize flows, and make the network almost invisible to users.
In Brief More than one million transactions have already been executed without human intervention by AI agents on the XRP Ledger (XRPL). The launch of the XRPL AI Starter Kit and the integration of Mastercard’s Agent Pay for Machines program structure payments in XRP and RLUSD. AI agents are evolving towards concrete purchases governed by budgets, merchant restrictions, and strict mandates. The use of XRPL Payment Channels aggregates thousands of off-chain micro-transactions to preserve network scalability. The Rise of Spending Mandates and Trade Automation on the XRP Network The transition from automated programs to full-fledged economic actors surpasses a critical phase on the XRPL. Indeed, Chandler Fang, co-founder of the trusted startup for AI agents t54 and former product manager at Ripple with experience at J.P. Morgan, highlighted this shift by noting that machine-to-machine transactions are no longer theoretical. For him, agents already conduct more than one million transactions on the XRP Ledger without human presence in the system.
Since June 10, this momentum has been built through the launch of the XRPL AI Starter Kit. This kit allows making x402 payments in XRP using the Ripple(USD) stablecoin for compensating computing resources, model inference, or API access. This methodology expanded commercially the same day following the inauguration of Mastercard’s “Agent Pay for Machines” program. The launch brought together more than thirty partners including Coinbase, Stripe, the Solana Foundation, and Ripple via its subsidiary RippleX.
Furthermore, the system integrates crypto settlement channels within traditional payment infrastructures for invoice processing. It also reserves computing capacity without prior human validation. Given these deployments and a $5 million financial support granted to t54 by Ripple and Franklin Templeton during a seed round, Chandler Fang stated: “this changes how we should think about XRPL adoption”.
This gradual progression is based on a strict evolution of authorization mechanisms granted to software. After consuming exclusively digital services at the core of automated workflows, agents move toward spending mandates regulated by concise budgets, merchant limitations, and user-set approval rules.
The network now requires the development of crypto wallets associated with configurable financial instruments. Concerning merchants, this deployment necessitates software adaptation capable of presenting prices, stock status, delivery conditions, and settlement interfaces in a form readable by autonomous systems. Ultimately, agents that build a reliable history regarding identity, transactions, and reimbursements will no longer be pre-funded operation by operation. They will immediately receive financial capacities or lines of credit.
Numerous strategic initiatives and technical developments make up this new stage of institutional adoption :
Strong institutional anchoring : the $5 million financial support obtained by t54 from Ripple and Franklin Templeton validates the industrial relevance of trusted infrastructures for AI ; Bank interoperability : RippleX’s integration into Mastercard’s “Agent Pay for Machines” program brings together major crypto players and payment giants within a single framework ; Standardization of x402 payments : the combined use of XRP and RLUSD ensures full flexibility between rapid settlement and monetary stability for microservices. Off-Chain Payment Channels to Crypto Coexistence The increase in commercial flows driven by artificial intelligence does not mean that every price comparison or compliance check materializes by a direct inscription on the XRPL. To preserve the ecosystem’s capacity against high-frequency requests, the architecture relies on XRPL Payment Channels.
This process allows two parties to exchange signed claims in XRP off the global consensus before settling their final obligation through a single transaction on this ledger. Three workloads emerge: recurring low-value payments for web micro-services, less frequent but higher transactions for enterprise commerce, and thousands of internal operations aggregated before the ultimate on-chain settlement. In this context, settlement needs condition the asset used. Ripple’s crypto XRP plays a routing and direct settlement role, whereas RLUSD provides monetary stability denominated in dollars for certain acquisitions.
There is thus a functional operational complementarity between these two assets within the network. While the XRP crypto retains its appeal for cross-border liquidity and immediate interoperability, the RLUSD stablecoin secures the accounting predictability required by companies for managing their IT subscriptions or stocks. This coexistence between the two settlement instruments facilitates infrastructure adaptation to regulatory and financial requirements of institutional actors, without forgetting the optimization of transaction costs for continuously made micropayments.
The Disappearance of Graphical Interfaces in Favor of Backend Banking Adoption Such infrastructure will become completely invisible to the end user in the long term. Embedded directly within treasury platforms, logistics software, or institutional financial applications, agents will assess risks and handle blockchain infrastructure selection in the background without any interface manipulation by the individual. In this perspective, Chandler Fang emphasizes: “long-term adoption does not require every person to open an XRPL wallet or consciously choose a blockchain before accomplishing a task”.
Thus, transaction volume no longer constitutes a relevant adoption metric. The network will now be evaluated based on the recurrence of operations, gains generated by merchants, strict respect of assigned budgets, as well as efficiency in dispute settlement. As the former Ripple manager concluded: “by then, XRPL will not be judged solely on agents’ capacity to use it. It will be judged on the amount of useful economic activity they choose to settle on it”.
This transition therefore sets the crucial milestones for integrating decentralized ledgers into the global economic fabric. While this shift to transparent fundamental transactions promises to resolve interoperability issues between traditional banking systems and blockchains, adoption speed will depend exclusively on the robustness of security standards imposed on agents.
The analogy drawn by Chandler Fang with the emergence of ChatGPT recalls that infrastructure deployment seems long and uncertain before suddenly appearing as an obvious solution to the general public. It is now up to developers and financial institutions to test the resilience of these aggregation channels, as the true measure of success for the XRP Ledger’s industrial achievement will lie in its ability to support this secure payload.
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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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EX DeFi attracts XRP investors seeking diversified income via cloud mining as ETF inflows revive institutional interest.
Summary
US spot XRP ETF inflows hit $1.552B, with $18.38M added Aug. 21 as institutional demand rebounds. XRP ETFs reached $1.552B in total inflows; Bitwise captured $16.89M of Aug. 21’s $18.38M daily inflow. Institutional XRP demand is rising, as US spot ETFs logged $1.552B in cumulative inflows by Aug. 21. Cumulative net inflows into US spot XRP ETF continue to rise; the latest data shows that as of August 21, the total net inflow reached approximately $1.552 billion. Meanwhile, single-day net inflows for XRP ETFs stood at around $18.38 million — with the Bitwise XRP ETF alone attracting about $16.89 million — signaling a resurgence of institutional interest in XRP.
The continued inflow of funds into XRP ETF and the subsequent rebound in XRP’s price further reflect that institutional investors are still increasing their XRP holdings through regulated financial products. While retail investors must still contend with market volatility and price uncertainty, the recent return of capital to the ETF market provides a measure of support for XRP future performance.
As the regulatory environment and financing conditions improve, more investors are considering a practical question: beyond simply waiting for the price of XRP to rise, are there more efficient and flexible ways to participate in its long-term value growth?
Against this backdrop, savvy investors are turning their attention to the EX DeFi cloud mining platform. They aim to explore diversified revenue streams — moving beyond reliance solely on price appreciation—while maintaining a long-term interest in XRP’s development.
What signal do the continued XRP ETF inflows send? Since their launch, US spot XRP ETFs have seen cumulative net inflows surpass $1.5 billion, with new capital continuing to flow in recently. The latest data indicates that the total net inflow has risen further to approximately $1.552 billion as of today.
Recent performance shows that while XRP ETF capital flows have experienced periodic slowdowns, they have not remained in a state of sustained outflow. This implies that institutional demand for XRP allocations persists. The continuous influx of ETF capital not only provides a new source of liquidity for XRP but also refocuses investor attention on its potential value as an institutional digital asset allocation tool.
Naturally, these ETF inflows have also driven a sustained rise in XRP’s price. Today, XRP rebounded to a high of $1.70. If ETF inflows continue, XRP could potentially return to the $2.00 mark by the end of the month.
EX DeFi cloud mining platform: A new choice for investors Amidst this trend, an increasing number of XRP investors are turning their attention to EX DeFi, exploring diversified digital asset yield models through the platform’s cloud mining yield aggregation mechanism.
To facilitate easier participation in the digital asset ecosystem, EX DeFi has launched cloud mining services powered by sustainable energy. Users do not need to purchase specialized mining hardware or possess complex technical knowledge; they simply select a hashrate contract that suits their needs to participate in the platform’s cloud mining services.
Compared to traditional mining, cloud mining reduces the user’s investment in hardware procurement, electricity consumption, equipment maintenance, and daily operations. The platform handles hashrate management and operations, while users participate in mining via an automated system to earn stable daily returns.
About EX DeFi Headquartered in the UK, EX DeFi operates in strict compliance with European regulatory frameworks such as MiCA and MiFID II, while continuously enhancing platform transparency, operational standards, and user protection mechanisms.
The platform employs a multi-layered security architecture, including:
Annual financial and security compliance audits by PwC Digital asset custody insurance from Lloyd’s of London Cloudflare enterprise-grade network protection and McAfee® security systems Multi-layer encryption, AI-driven risk management, and 2FA authentication Currently, EX DeFi supports a wide range of mainstream digital assets — including XRP, BTC, ETH, USDT, USDC, DOGE, LTC, and SOL — offering users flexible and convenient choices.
Affiliate program Users can earn referral commissions by inviting friends to join the platform, with rewards reaching up to $50,000, providing an additional avenue for income.
Earning returns through cloud mining is simple — just follow these four steps:
1. Register an Account
Sign up on the official EX DeFi platform using an email address; new users receive a $17 trial bonus.
2. Deposit Digital Assets
Deposit XRP or other supported digital assets into an account (minimum deposit: $100).
3. Select a Mining Package
Choose a cloud mining contract that fits a particular budget, duration preferences, and needs, then start the mining service with a single click.
4. Start Earning Returns
Once the contract is activated, the system automatically handles hashrate allocation and earnings settlement. Users can choose to withdraw their earnings or continue participating based on their preferences.
Click here to view more EX DeFi platform earning contracts.
Conclusion Cumulative capital inflows into XRP ETF have surpassed $1.55 billion, with continued new inflows recently, indicating sustained institutional interest in XRP. Notably, a single-day net inflow of approximately $18.38 million on August 21st has signaled a positive shift in recent XRP market sentiment.
For investors looking to maintain a long-term interest in XRP while reducing reliance on simple price appreciation, the cloud mining model launched by EX DeFi offers a flexible and convenient way to generate passive income.
Don’t wait! Join the EX DeFi cloud mining platform today and start earning daily passive income with digital assets.
Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.
The United States may soon see significant changes in the regulation of digital assets, with Coinbase CEO Brian Armstrong pointing to two possible outcomes that could shape the industry’s future.
Congress or Regulators Set to DecideArmstrong commented after Mike Selig, Chairman of the Commodity Futures Trading Commission (CFTC), revealed plans to use the agency’s current legal authorities to establish new rules for crypto asset markets if congressional action remains delayed.
Selig criticized ongoing legislative gridlock, attributing the delay of the CLARITY Act to Democratic resistance. He said the CFTC owes the American public a robust regulatory structure for crypto and pledged to support President Donald Trump’s initiative to define a clear market structure for digital assets.
Armstrong highlighted two scenarios for regulatory clarity: “60+ votes in the Senate on September 15, or a new set of rules from the CFTC and SEC on September 16.”
Selig Details CFTC Rulemaking PlansSelig stated in a video post that he has directed CFTC staff to explore developing rules under existing authority, aiming to establish a comprehensive market structure for crypto assets.
According to Selig, the proposed framework may allow both current registrants and select non-registrant crypto exchanges to gain a specialized designation as a crypto asset market. This would authorize these venues to offer leveraged and margin trading for digital assets, all under the CFTC’s supervision.
Selig added that he had encouraged staff to consult with on-chain finance protocol developers to develop compliant operational models within the U.S., aiming to increase legal certainty and investor protection.
However, Selig emphasized that the CFTC will wait to see if the CLARITY Act advances to a Senate vote. If lawmakers do not approve what he described as a bipartisan version of the act, he plans to move rapidly toward initiating new rules independently.
Mini dictionary: CLARITY Act, a proposed piece of U.S. legislation aiming to provide a statutory framework for the regulation and oversight of crypto assets and digital asset markets, designed to clarify roles and responsibilities between federal regulators.
September Becomes Pivotal for U.S. Crypto RegulationArmstrong, who leads Coinbase as the largest publicly listed crypto exchange in the United States, responded directly to Selig’s public comments. He outlined September 15 as the possible date for Senate approval of the CLARITY Act. If the proposal does not pass, Armstrong pointed to September 16 as the earliest date new regulatory rules could be released by the CFTC and Securities and Exchange Commission (SEC).
Armstrong’s remarks reflect the industry’s expectation for a decisive move in policy—either through legislative passage or regulatory action—after months of intense policy debate and uncertainty.
Rather than relying solely on Congress, Armstrong suggested that federal regulators could proceed using their current powers to deliver greater transparency and predictability for digital asset markets.
For industry stakeholders, the outcome could shape the legal landscape for years. Legislation would provide a statutory foundation, while immediate rulemaking would draw on the regulators’ existing legal mandates.
PathwayDateOutcomeMain BodyCongress adopts CLARITY ActSeptember 15Statutory regulation for digital assetsSenateCFTC & SEC issue new rulesSeptember 16Agency-driven regulatory frameworkCFTC, SECMarket participants and legal observers regard the upcoming Senate vote and possible agency actions as key moments that could substantially alter the future of U.S. crypto regulation. Both regulatory pathways present different timelines and levels of legal protection, but each aims to bring more certainty to the sector.
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 recently rebounded from $1 to about $1.60, following technical signals identified by Egrag Crypto, an independent market analyst known for his in-depth chart analysis of digital assets. Egrag Crypto reported that a bullish divergence emerged, highlighting a recovery phase while XRP’s Relative Strength Index (RSI) built a pattern of higher lows.
Technical analysis points to major levels aheadAccording to Egrag Crypto, the price action suggests that the bullish divergence could lead to a momentum shift and potential price expansion. As XRP approaches a key resistance zone, market participants are closely watching the next levels. Egrag Crypto’s chart places XRP near $1.34 with immediate resistance at $1.58 to $1.60.
The analyst notes that breaking through the $1.58 to $1.60 resistance band is critical for continuing the recovery trend that started near $1. If XRP moves above this area, $1.96 stands as the next major resistance point, and a successful move above it would lend support to Egrag Crypto’s broader market thesis, which he describes as the “Wave 3” scenario.
Egrag Crypto incorporates Elliott Wave Theory in his analysis, labeling the recent low on the chart as Wave 2, and projecting the next phase, Wave 3, as a push toward significantly higher price levels.
Mini dictionary: Elliott Wave Theory, a technical analysis principle that proposes prices move in repetitive cycles, typically labeled as waves, helping traders identify likely trends and reversals.
XRP exhibited a bullish divergence as price dipped, but the RSI consistently formed higher lows, while selling pressure decreased, suggesting sellers are losing momentum and a potential reversal is underway.
In his social media statement, Egrag Crypto emphasized that the RSI provided the initial bullish signal before any noticeable price movement. XRP’s price has since reacted, rising from the divergence area and approaching the outlined resistance zones.
Price LevelTechnical Significance$1.58–$1.60First key resistance area$1.96Major resistance, confirmation of Wave 3$3.00–$3.60Previous Wave 1 high, key milestone$3.65All-time high$6.42 / $13.38 / $22.55 / $29.63 / $43.83Fibonacci extension targetsKey resistance and long-term targetsThe $3 to $3.60 range on Egrag Crypto’s chart corresponds to the previous Wave 1 high and is viewed as a crucial milestone. Surpassing this range would put XRP just below its historical peak of $3.65. Higher Fibonacci extensions at $6.42, $13.38, $22.55, $29.63, and $43.83 are targeted within the scope of the Elliott Wave-derived long-term projection.
Egrag Crypto also referenced the possibility of a more significant move—up to a 20-fold increase—if XRP can hold above $3.60, underscoring the strategic importance of this resistance level within his overall outlook.
RSI’s role in ongoing XRP setupThe RSI continues to be at the center of Egrag Crypto’s analysis. He highlighted that “RSI gave the signal first,” and that the latest price surge followed this early technical indicator. Progress through successive resistance zones will be critical in determining whether the anticipated Wave 3 expansion materializes.
An advance to $1.58–$1.60 marks the first major hurdle, while a break above $1.96 would confirm the emergence of Wave 3. Passing $3–$3.60 targets would open the pathway to considerably higher levels based on the Fibonacci extensions.
The current sequence, starting from the bullish divergence and shift in market momentum, is being closely watched by analysts and traders anticipating a sustained rally or a reversal at key resistance levels.
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.
Crypto Bitlord drew attention from the XRP community by reminding investors that XRP surged from $0.50 to over $3 during 2017, driven mainly by market hype. He pointed out that this significant rally occurred before Ripple executives made their way into high-level policy discussions or legislative clarity emerged for digital assets.
White House spotlight and regulatory momentumAfter the recent White House Crypto Summit on August 19, XRP rallied 12%, breaking above the $1.081 resistance zone that had acted as an upper boundary for several weeks. The token reached $1.42 in the following days and currently trades at $1.30. Bitlord’s message emphasized that, while the 2017 rally happened under very different conditions, the latest surge is taking place amid heightened institutional and regulatory activity.
At the summit, Ripple CEO Brad Garlinghouse stood alongside President Donald Trump, SEC Chair Paul Atkins, CFTC Chair Michael Selig, and major industry figures from Coinbase and Chainlink. President Trump endorsed the push for the CLARITY Act, urging Congress to adopt the digital asset legislation to support US leadership in the sector.
Ripple also joined the new CFTC Innovation Advisory Committee, a 35-member group tasked with shaping the future of crypto regulation. CFTC Chair Selig stated his commission would move forward with market rules using existing authority, regardless of the pace of new legislation. Meanwhile, the SEC pursued development of its own framework, offering Ripple and other stakeholders a place in official discussions.
Crypto Bitlord emphasized that XRP’s explosive 2017 run happened “on nothing but hype,” adding that market participants should not underestimate the coin’s potential to rally, especially now that it benefits from a stronger fundamental environment.
The trader’s reminder triggered debate. While some in the community echoed his view that XRP can move sharply under the right conditions, others criticized Bitlord’s changing outlook. Community members highlighted that he had recently voiced frustration with XRP’s price performance, especially after a major partnership announcement in Korea failed to drive a sustained rally above $1.
Certain participants questioned the credibility of Bitlord’s frequent shifts in stance, with one commenter noting how often his position seemed to flip. Despite these criticisms, several others agreed that one should never dismiss the potential magnitude of an XRP upswing. Some even expressed expectations that the cryptocurrency could set a new all-time high or reach as high as $10, pointing to the current regulatory momentum and industry attention as key catalysts.
Changing market backdrop and trading approachesThe landscape for XRP has changed dramatically since its 2017 ascent. Garlinghouse is now a member of the CFTC’s advisory committee, and both the SEC and the CFTC are moving forward on potential new crypto regulations. With the President directly urging new legislation, XRP stands positioned in a regulatory climate that is far more mature than it was during its previous historic run.
In highly dynamic conditions, where a single statement from the Fed or a sudden altcoin listing can trigger market-wide shifts, experienced traders are relying on streamlined tools to keep their edge. Many are now consolidating their analysis on privacy-focused platforms like CryptoAppsy, which provide a real-time overview of price charts, macro data, news, and smart alerts—all without requiring account setup. This approach enables faster response to volatility, as multiple market streams merge into a single actionable screen.
While regulatory and market structure have evolved since 2017, the persistent lesson remains: strong fundamentals may support sharp price moves in $XRP, but investor psychology and rapid information flow still play a crucial role in driving momentum.
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 (CRYPTO: XRP) price surged to its highest level since January last year as the crypto market rally intensified. Ripple peaked at $1.6963, up sharply from the year-to-date low of $0.9870. This rally has, however, brought it to the most overbought level since July last year.
XRP ETF Inflows are Rising Amid Resilient Whale BuyingRipple token staged a strong comeback this week, reaching its highest point since January. This rally coincided with the ongoing crypto market rally that pushed top coins like Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Cardano (CRYPTO: ADA) to their highest levels in months.
It also happened as the Crypto Fear and Greed Index jumped to the greed zone of 73, its highest level in months. The soaring index is a sign that investors have embraced a risk-on sentiment in the market.
One sign of this growth is investors piling into XRP ETFs. These funds attracted more than $18 million in inflows on Friday, bringing weekly inflows to $40 million, the biggest increase since May.
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The Bitwise and Franklin XRP ETFs added more than $12.2 million and $1.49 million, respectively, on Friday, bringing their net assets to $442 million and $433.8 million, respectively.
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There are also signs that whales have been accumulating XRP tokens, a sign that they expect the price to rebound over time. This also explains why the amount of XRP tokens in exchanges has continued to fall in the past few months. Over 240 million tokens have left exchanges since the start of summer.
XRP Ledger’s fundamentals are also improving. The Ripple USD stablecoin’s market capitalization has jumped to a record high of $2.1 billion from the January low of $1.5 billion. That is a sign that the token is seeing strong growth among users.
XRP Price Has Become Highly Overbought
XRP price chart | Source: TradingViewThe daily chart shows that the XRP price soared to its highest level in months on Saturday. This rebound happened after it formed a large falling wedge pattern, a common bullish reversal sign in technical analysis.
The coin has jumped above the 50-day Exponential Moving Average (EMA), a sign that bulls are gaining control. However, the risk is that the Relative Strength Index (RSI) has soared to a high of 85.4, its highest level since July last year.
There is also a risk that it is forming either a doji or a shooting star candlestick. These patterns may lead to a bearish reversal, potentially to the support level of $1.1580, its highest point in July this year.
The crypto market just suffered its biggest flash crash since October 2025, wiping out $108 billion in just six minutes. The total market value fell from $2.68 trillion to $2.55 trillion as selling pressure increased. More than $1.71 billion in crypto positions were liquidated, hitting Bitcoin, Ethereum, and altcoins the hardest.
Crypto Rally Halt Turned Into $1.7B LiquidationsAccording to CoinGlass, 281,846 traders were liquidated in the past 24 hours, causing around $1.71 billion in total losses. Most of the damage came from long positions, with $574 million wiped out in just four hours as Bitcoin and other cryptocurrencies dropped sharply.
The liquidation wave also hit crypto derivatives markets hard. Open interest across cryptocurrencies fell by $3.34 billion, or 5.18%, in a short period, leaving total open interest at around $55.60 billion.
The sharp decline shows how quickly leverage was removed from the market.
Over the past four days, more than $4.5 billion in long positions have been liquidated across crypto, making it the seventh largest liquidation event in crypto history.
Bitcoin, ETH and XRP See Sharp DropsAt first, Bitcoin’s rally from $63,600 to $79,500 triggered around $2.7 billion in short liquidations. However, the trend reversed on August 22, putting heavily leveraged long positions under pressure.
Bitcoin fell to around $76,500 within six minutes, while long positions worth about $257.77 million were liquidated.
Ethereum also faced heavy selling, recording around $293.34 million in liquidations as its price dropped to about $2,426.
XRP saw the sharpest price decline among the three, falling about 12% from $1.70 to $1.51. The move led to around $121.71 million in XRP liquidations.
Altcoins Lose $53 Billion in MinutesIt’s not just Bitcoin or Ethereum, altcoins also saw massive liquidations. The TOTAL3 market cap, which tracks crypto excluding Bitcoin and Ethereum, fell from $784 billion to $731 billion in a single candle.
That means around $53 billion was wiped out in just minutes, a decline of about 6.7%. Bitcoin, meanwhile, fell roughly 2.5% during the same move.
$70,500 Becomes Bitcoin’s Key SupportDespite the recent drop, crypto analyst The Martini Guy believes Bitcoin’s overall uptrend is still intact. He pointed to $70,500 as the key support level after BTC moved from weeks of trading near $65,000 to breaking above $67,200 and then $70,500.
Bitcoin has pulled back slightly after breaking through $78K, but the bigger picture remains very strong.
We spent weeks trading between $63K and $65K.
Then $67.2K broke.
Then $70.5K broke.
Now we're sitting around $77.5K.
The level I'm watching most closely now is $70,500.… pic.twitter.com/169FraFB2Q
— That Martini Guy ₿ (@MartiniGuyYT) August 22, 2026 Bitcoin’s recent high near $78,800 is now the main resistance level. If BTC stays above $70,500, the analyst believes the broader recovery could continue despite the recent market liquidations.
However, losing this support could weaken the current bullish setup and increase the risk of another decline.
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XRP recorded a significant price increase on Thursday, surging over 17% to reach an intraday peak of $1.43. The spike coincided with Ripple’s official support for the PermissionDelegationV1_1 amendment on the XRP Ledger (XRPL), which advances core upgrades anticipated in the forthcoming XRPL version 3.3.0. However, the proposed feature still requires broader consensus among network validators before it can be implemented.
Validator Voting and Amendment ProgressOut of 35 validators listed in the Unique Node List, only 7 have voted in favor of the PermissionDelegationV1_1 amendment so far. Ripple added its vote to the tally, but as a single validator, it cannot control the amendment process. For the change to be enacted on the XRPL, more than 80% of validators must support it for two consecutive weeks. If this threshold is not met or support drops below 80%, the voting period restarts from zero and validators retain the option to reverse their votes at any stage.
The PermissionDelegationV1_1 amendment allows account owners to authorize another account for specific transaction types, enhancing the flexibility and usability of XRPL accounts. This delegated authority is limited in scope and does not extend to all payments or changes in account settings, preserving owner control and security.
Implications and Additional ProposalsRole-based permission systems, similar to the proposed amendment, are widely used by financial organizations to restrict data access and operational control among employees and service providers. By giving precise permissions to distinct accounts, organizations can enhance security without compromising efficiency.
Jazzi Cooper, RippleX head of product, emphasized the importance of establishing appropriate controls for regulated firms engaging with public ledgers. She explained that token issuance is a necessity for on-chain activities, and consistent standards are crucial. The PermissionDelegationV1_1 amendment adheres to the XLS-75 standard and replaces a previous version that was disabled due to a critical software bug, which this update now addresses and corrects.
Node operators are urged to upgrade and run software with approved amendments to maintain network compatibility. Running outdated software may result in amendment blocks if the node cannot process updated protocol rules.
Jazzi Cooper highlighted the need for regulated organizations to have adequate controls when issuing tokenized assets on public ledgers, pointing out that the PermissionDelegationV1_1 amendment responds to this requirement while upholding XRPL’s security framework.
Other XRPL Upgrades and Market DynamicsRipple also signaled support for two additional amendment proposals: Single Asset Vault (XLS-65) and Lending Protocol (XLS-66). These received support from 40% and more than 37% of validators, respectively, which remains below the 80% supermajority threshold needed for activation.
The Single Asset Vault feature offers a mechanism to aggregate a singular asset, such as XRP, RLUSD, or similar ledger tokens, enabling shareholders to hold proportional ownership within the vault. Meanwhile, the Lending Protocol proposes fixed-term credit issuance and pooled liquidity, supported by off-chain credit evaluations. Security reviews of the lending protocol code, including a re-audit by Halborn in June, flagged no major or high-severity vulnerabilities.
Validator approval solely enables such features on-chain and does not alter any regulatory requirements for XRP, RLUSD, securities, or lending. These developments underscore the incremental expansion of functionality on XRPL.
Market Activity and Tokenization TrendsFollowing a recent low at $1.22, XRP surged roughly 40% over the past week, driven by higher spot prices and active short-covering. Trading volume in spot markets soared 156% during the rally, reflecting increased investor participation. ETF flows also intensified: net inflows into US spot XRP ETFs totaled $13.24 million on Thursday, with Bitwise adding $9.9 million and Franklin Templeton $3.34 million. Open interest in XRP futures expanded to $3.44 billion, gaining 17% in the last 24 hours. CME, Binance, and Hyperliquid exchanges saw respective increases in open interest of 35%, 15%, and 29%.
These blockchain innovations are part of a broader trend in financial markets. While traditional systems depend on multiple intermediaries, a shift toward Web3 is revolutionizing asset handling. Wall Street firms and investors now leverage platforms like 1stepSwap to directly hold shares of major US companies, gold, and silver in their crypto wallets. These platforms tokenize Real-World Assets (RWAs) and use smart routing to identify optimal market prices in seconds, effectively eliminating the need for middlemen.
The PermissionDelegationV1_1 amendment will enable XRPL account owners to delegate authority for certain transaction types, providing greater flexibility and closer alignment with institutional security standards.
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 jumped 14% in 24 hours to $1.40, closing above both the 50-day and 200-day exponential moving averages for the first time since the bearish crossover formed. But the averages themselves have not crossed back, and the rally is riding borrowed momentum from a Bitcoin short squeeze, not from XRP-specific demand. The chart signal is real. The narrative around it is running ahead of the data.
Summary
XRP surged 14.21% in 24 hours to $1.40 on Aug. 21, 2026, making it the best-performing asset among the top 10 cryptocurrencies by market cap, ahead of Bitcoin’s 7.44% and Ethereum’s 4.50%. The daily candle closed above both the 50-day and 200-day exponential moving averages for the first time since the death cross locked in earlier in August, a necessary precondition for a golden cross but not the same thing as one. The move was driven primarily by the same Bitcoin short squeeze and Treasury-driven liquidity wave that ripped through the broader crypto market this week, with more than $3 billion in short positions liquidated across all assets. XRP’s 50-day EMA remains below its 200-day EMA, meaning the death cross is technically still in place. Historical data shows that XRP has reclaimed both averages and then failed to sustain the breakout at least three times since 2021. Weekly XRP spot volume on major exchanges was concentrated on Binance and Upbit, with South Korean won-denominated pairs accounting for a disproportionate share of turnover, raising questions about the geographic concentration of the buying pressure. The XRP chart did something on Thursday that it had not done in weeks. It closed a daily candle above both its 50-day and 200-day exponential moving averages simultaneously, punching through the ceiling that had rejected every rally attempt since the death cross formed.
The headlines arrived within minutes. “XRP erases death cross.” “XRP signals golden cross.” “Ripple breakout confirms trend reversal.” Each headline is slightly more aggressive than the data supports, and the gap between what the chart actually shows and what the coverage claims matters, because traders who buy a narrative that outruns the evidence are the ones who get caught when the chart reverts.
Here is what actually happened, what it means, and what would need to happen next for the bullish read to hold.
What a death cross is and what it is not A death cross forms when a shorter-term moving average crosses below a longer-term moving average. In XRP’s case, the 50-day exponential moving average dropped below the 200-day EMA earlier in August. The signal is a lagging indicator, meaning it confirms a trend that has already been underway rather than predicting a new one.
Traders treat the death cross as a bearish signal because it quantifies what the price action is already showing: that recent prices are consistently lower than the longer-term average, which implies sustained selling pressure. But the signal has significant limitations.
First, it is slow. By the time the 50-day crosses below the 200-day, weeks of downward price action have already occurred. Traders who wait for the signal to sell are late. Traders who use it as a reason to stay out of a position may miss the recovery that often follows.
Second, its predictive accuracy varies by asset. In equities, a death cross on the S&P 500 has historically preceded further declines about 60% of the time. In crypto, the record is messier. Bitcoin’s death cross in June 2021 preceded a move from $30,000 to $69,000 within five months. XRP’s death cross in November 2025 preceded a 20% decline, but the one in May 2025 preceded a sideways range that eventually resolved higher.
The point is not that death crosses are meaningless. The point is that they are one input, not a verdict, and the same is true of the signal’s reversal.
What Thursday’s candle actually showed XRP opened the day at $1.2681. It hit an intraday high of $1.43 and settled near $1.40. The 24-hour gain of 14.21% made XRP the single best performer among the top 10 cryptocurrencies by market cap, beating Bitcoin’s 7.44% and Ethereum’s 4.50%.
The critical feature of Thursday’s candle is that it closed above both the 50-day and 200-day EMAs. This is the first time that has happened since the death cross formed. Previous rally attempts had either tagged one average and failed or pushed briefly above both on an intraday basis without holding into the close.
A daily close above both averages is a necessary condition for the death cross to reverse. But it is not sufficient. The death cross itself is defined by the relationship between the two averages, not between price and the averages. The 50-day EMA is still below the 200-day EMA. The lines have not crossed back. What traders call a “golden cross,” the bullish reversal of the death cross, requires the 50-day to cross above the 200-day, which has not happened and typically takes additional days or weeks of sustained price strength to achieve.
What Thursday showed is that price reclaimed the space above both averages. That is the first domino. It is not the last one.
The momentum is borrowed The XRP rally did not happen in isolation. It happened inside the largest crypto short squeeze since 2021.
Bitcoin punched through $72,000 this week and reached $79,000 on Friday, fueled by a U.S. Treasury plan to nearly double its long-bond buybacks starting September 9. Traders who had been short crypto for weeks were forced to cover into thin supply. More than $3 billion in short positions were liquidated across all assets in five days.
XRP caught the wave, but the wave was not XRP-specific. The correlation between XRP’s daily return and Bitcoin’s daily return this week exceeded 0.85, meaning XRP’s move was largely a beta amplification of the BTC rally rather than an independent repricing of XRP fundamentals.
This distinction matters because the sustainability of XRP’s breakout depends on whether the buying pressure persists after the short squeeze exhausts itself. Short squeezes are, by definition, temporary. Once the positions are liquidated, the forced buying stops. What follows is either genuine demand that sustains the new price level or a reversion as the artificial bid disappears.
The Bitcoin rally itself faces this question. Analysts at CryptoQuant, Nansen, and Lo:Tech all warned this week that the short squeeze fuel is largely spent and the next leg needs to come from actual buyers, not forced covering. If Bitcoin fails to hold above $72,000, XRP’s breakout above its moving averages becomes vulnerable to the same gravitational pull.
Historical XRP breakouts that failed XRP has reclaimed both its 50-day and 200-day EMAs and then failed to sustain the move at least three times since 2021. Each instance offers a pattern worth studying.
In September 2021, XRP broke above both averages following the SEC lawsuit settlement optimism. The move lasted 11 trading days before XRP dropped back below the 200-day, driven by a broader market rotation out of altcoins and into Bitcoin ahead of the first U.S. Bitcoin ETF approval.
In March 2024, XRP pushed above both averages during a broad crypto rally triggered by Bitcoin’s run to new all-time highs. The breakout held for six trading days. XRP then rolled over as Bitcoin consolidated and altcoin capital rotated into meme coins.
In January 2025, XRP briefly reclaimed both averages following reports of a Ripple partnership with a major Southeast Asian bank. The move lasted four trading days before a broader market selloff pulled XRP back below the 200-day.
The common feature across all three failures is that the breakout was driven by an external catalyst (broad market rally or news event) rather than sustained XRP-specific demand. When the catalyst faded, XRP reverted. The current breakout shares this characteristic: the catalyst is a Bitcoin short squeeze, not an XRP-specific development.
The exception would be if XRP develops its own momentum through the CLARITY Act catalyst (which would positively affect Ripple’s regulatory standing) or through adoption of the v3.3.0 privacy and batch transaction features. But those are forward-looking possibilities, not current drivers of the price action.
The volume question Price action without volume is a headline without a story. Examining where the XRP volume came from this week reveals a concentration pattern that complicates the bullish thesis.
A disproportionate share of XRP spot volume this week was concentrated on two exchanges: Binance and Upbit. Binance is the world’s largest exchange by volume, so its presence is expected. Upbit is the dominant exchange in South Korea.
South Korean won-denominated XRP pairs have historically driven outsized volume during XRP rallies. The pattern, sometimes called the “Kimchi premium” dynamic, reflects a tendency among Korean retail traders to concentrate speculative activity in a small number of assets, with XRP consistently among the most popular.
The concern is that geographically concentrated volume is less durable than broadly distributed volume. If the Korean retail bid fades, which it historically does within days of a spike, the volume supporting the breakout decreases rapidly. For the death cross erasure to hold, the buying needs to broaden across geographies and exchange types, including U.S. spot markets and institutional venues.
The on-chain picture On-chain data adds nuance to the volume picture. Exchange deposits of XRP hit their lowest level since 2021 this week, meaning holders are moving tokens off exchanges and into private wallets. This is generally interpreted as a bullish signal: holders who move tokens off exchanges are signaling an intention to hold rather than sell.
At the same time, large-wallet accumulation continued. Wallets holding more than 1 million XRP added approximately 380 million tokens in the past seven days, consistent with the whale accumulation pattern crypto.news reported earlier this week. The whale buying predates Thursday’s breakout, suggesting it was positioning for the move rather than chasing it.
The combination of declining exchange deposits and increasing whale accumulation supports the thesis that longer-term holders are treating the current price level as an accumulation zone. It does not, by itself, confirm that the death cross reversal will hold, because whale accumulation can coexist with a price reversion if the short-term trading flows move against the position.
The RSI and MACD readings The Relative Strength Index, a momentum gauge that measures the speed and magnitude of recent price changes, sat at approximately 72 on the daily chart after Thursday’s close. Readings above 70 are conventionally considered “overbought,” meaning the price has risen quickly relative to recent history and may be due for a pullback or consolidation.
An overbought RSI does not guarantee a reversal. In strong trends, RSI can remain elevated for extended periods. But it does flag that the risk-reward of entering a new position at current levels is less favorable than it was at 50 or 40. Traders who bought the breakout on Thursday are buying into elevated momentum, which carries a higher probability of a near-term pullback.
The MACD (Moving Average Convergence Divergence) line crossed above its signal line earlier this week, which is a bullish confirmation. The histogram is expanding, indicating that upward momentum is accelerating. This is the indicator that most supports the bullish read, because it suggests the trend has shifted and is gaining strength rather than fading.
However, the MACD is also a lagging indicator, and its bullish readings in September 2021, March 2024, and January 2025 all preceded the failed breakouts described above. The MACD confirmed the move each time. The move still failed. Confirmation is not the same as prediction.
What the funding rate says Funding rates on perpetual futures contracts provide a real-time measure of market sentiment that moving averages and momentum indicators cannot capture. When funding rates are positive, traders holding long positions are paying traders holding short positions, which implies that the market is net long and willing to pay a premium to maintain that positioning. When funding rates are negative, the opposite is true.
XRP funding rates on major perpetual futures venues turned sharply positive this week, reaching levels not seen since the January 2025 breakout attempt. The shift from negative to positive funding happened over approximately 36 hours, which is unusually fast and consistent with a short squeeze rather than a gradual accumulation of long interest.
The speed matters because sustainable breakouts typically build long interest over days or weeks, with funding rates rising gradually as more traders establish positions. A sudden spike in funding rates suggests that the positioning is reactive (traders chasing the move) rather than proactive (traders positioning ahead of a catalyst). Reactive positioning is less durable because the traders are buying at elevated prices with elevated funding costs, creating a financial incentive to close positions quickly if the price stalls.
NEW: Messari Q1 2026 XRP report highlights growing utility on XRPL for RWAs, stablecoins and DeFi. U.S. spot ETF holdings rise 2% to $775.4m XRP. RLUSD market cap on XRPL up 45% to $340m. RWA market cap surges 124% to $2.25B pic.twitter.com/EeAVyBJyCY
— crypto.news (@cryptodotnews) May 30, 2026 The current funding rate level also sets up a potential negative feedback loop. If funding stays elevated but the price stops rising, long holders begin paying short holders without receiving price appreciation to offset the cost. This creates a slow bleed that can eventually trigger long liquidations, reversing the same dynamic that created the rally.
The options market perspective The XRP options market tells a different story than the spot and futures markets, and the divergence is worth noting.
Implied volatility on XRP options expiring in September spiked following Thursday’s move, which is expected. More interesting is the skew: the difference in implied volatility between out-of-the-money calls and out-of-the-money puts. A positive skew means the market is pricing more risk to the upside (calls are more expensive than puts). A negative skew means the market is pricing more risk to the downside.
After Thursday’s breakout, XRP options skew shifted positive for the first time in weeks, indicating that options traders are pricing a higher probability of further upside than further downside. This is a bullish signal, but it is also a lagging one. Options skew follows spot price moves rather than predicting them, and the positive skew is consistent with both a genuine trend change and a temporary squeeze that options pricing has not yet adjusted to reflect.
The September expiry is particularly relevant because it coincides with the CLARITY Act procedural vote on Sept. 15. If the vote approaches and the bill appears likely to pass, XRP options with September expiries could see a sharp increase in implied volatility as traders position for a binary regulatory outcome.
The CLARITY Act catalyst One factor that differentiates the current setup from previous breakout attempts is the CLARITY Act timeline. Congress returns in September with a procedural vote scheduled for Sept. 15. If the bill advances, Ripple’s regulatory standing improves significantly because the CLARITY Act would create clear rules for which tokens are securities and which are commodities.
Ripple has spent years fighting the SEC over whether XRP is a security. A comprehensive market structure framework would not automatically resolve that question, but it would provide a regulatory pathway that could reduce the legal uncertainty that has weighed on XRP’s valuation relative to other large-cap tokens.
The CLARITY Act catalyst is event-armed, meaning it has a specific date and a binary outcome. If the bill advances, XRP likely benefits from reduced regulatory risk. If the bill stalls, which prediction markets currently consider the more likely outcome at 75% probability, the catalyst disappears and the price must find support from other sources.
This is the structural advantage of the current breakout over previous ones: there is a calendar event that could provide the sustained demand needed to confirm the golden cross. But the event is three weeks away, and the breakout needs to hold in the meantime.
What would prove the bullish thesis wrong Three observable conditions would invalidate the breakout:
First, a daily close below the 200-day EMA within the next five trading days. This would repeat the pattern of the three previous failed breakouts and confirm that Thursday’s move was a short-squeeze artifact rather than a genuine trend change.
Second, Bitcoin failing to hold above $72,000. Given XRP’s high correlation to Bitcoin this week, a BTC reversion would almost certainly pull XRP back below its averages.
Third, a sharp decline in spot volume on Binance and Upbit without a compensating increase on U.S. exchanges. This would confirm that the buying pressure was geographically concentrated and unsustainable.
If all three conditions materialize within 10 days, the death cross erasure was a false signal, and the prior bearish structure reasserts itself.
What to watch The 50-day/200-day EMA spread over the next two weeks. For a golden cross to form, the 50-day needs to curve upward and cross the 200-day. Watch the distance between the two lines: if it is narrowing, the golden cross is approaching. If it stabilizes or widens, the breakout is stalling. – Daily RSI retreating below 70 without price breaking the 200-day EMA. This would represent healthy consolidation rather than a failed breakout, the best scenario for bulls. – XRP spot volume distribution across exchanges. If U.S. exchange volume increases as Korean volume normalizes, the buying is broadening and the breakout has a better chance of holding. – CLARITY Act procedural developments before Sept. 15. Any formal text filed, committee vote, or White House statement on the bill would affect XRP’s regulatory risk pricing. – Bitcoin holding above its 200-day simple moving average near $69,000. This is the level that validates the broader market breakout. If BTC loses it, XRP’s technical picture deteriorates regardless of its own chart signals.
What is a death cross in crypto? A death cross forms when a shorter-term moving average (typically 50-day) crosses below a longer-term moving average (typically 200-day). It is a lagging indicator that confirms a bearish trend already underway, not a predictive signal for future declines.
Did XRP’s death cross reverse? Not yet. XRP’s price closed above both the 50-day and 200-day EMAs on Aug. 21, which is the first step toward a reversal. But the 50-day EMA itself is still below the 200-day EMA. A golden cross, the bullish reversal, requires the 50-day to cross above the 200-day, which has not happened.
How much did XRP gain this week? XRP gained approximately 40% over the past week, rising from below $1.00 to $1.40. The 24-hour gain on Aug. 21 was 14.21%, making it the best performer among the top 10 cryptocurrencies by market cap.
Was the XRP rally driven by XRP-specific news? No. The rally was primarily driven by the same Bitcoin short squeeze and Treasury-driven liquidity wave that lifted the entire crypto market. Correlation between XRP and Bitcoin daily returns this week exceeded 0.85.
Has XRP broken out like this before and then failed? Yes. XRP reclaimed both its 50-day and 200-day EMAs in September 2021, March 2024, and January 2025. Each breakout lasted between 4 and 11 trading days before the price dropped back below the 200-day average.
What is the difference between a death cross and a golden cross? A death cross is when the 50-day average crosses below the 200-day average (bearish). A golden cross is when the 50-day crosses above the 200-day (bullish). They are opposite signals using the same indicators.
Could the CLARITY Act affect XRP’s price? Yes. The CLARITY Act would create clear regulatory rules for digital assets, potentially reducing the legal uncertainty that has weighed on XRP since the SEC lawsuit. The next procedural vote is Sept. 15, 2026.
Is it a good time to buy XRP? The technical breakout is real but unconfirmed, the RSI is in overbought territory, and the rally is riding borrowed momentum from a Bitcoin short squeeze. Historical precedents show three similar breakouts failed within 11 trading days. This is educational analysis, not investment advice.
Disclaimer: This article is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency markets are volatile, and past performance does not guarantee future results. Always conduct your own research. Published Aug. 21, 2026.
Vice President JD Vance appeared on Newsmax’s Carl Higbie Frontline on August 20, 2026, hours after the U.S. national debt crossed $40 trillion.
Host Carl Higbie pressed Vance on whether a crypto reserve, one that could include Bitcoin, XRP, and other digital assets, might help chip away at the ballooning debt.
Vance did not endorse using any specific coin to offset the figure. However, his appearance has reignited investor attention on Washington’s digital asset posture at a critical moment for policy.
Vance Outlines Bessent’s Growth Plan, Not a Crypto Debt Swap Speaking directly to Higbie’s question, Vance pointed to Treasury Secretary Scott Bessent’s economic roadmap.
“He has had a very discreet plan, of course, supported by the president, to get the United States to a point where our economy is growing faster than our debt,” Vance told Newsmax.
The VP also cited nearly $19 trillion in projected foreign investment over the next decade as part of the administration’s fiscal strategy.
He acknowledged the debt level is “too high.” Yet he framed the path forward through GDP growth and tariff revenue, not through a crypto reserve mechanism.
Bessent echoed the view separately on CNBC, saying “there’s nothing magic about the $40 trillion number, and we can grow our way out of that.”
The XRP mention in Higbie’s question traces to Trump’s own 2025 statements naming XRP, Bitcoin, and other assets as potential components of a digital asset stockpile.
Vance himself flagged Bitcoin as a strategic asset for the U.S. at the Bitcoin 2025 conference in Las Vegas, where he also championed stablecoin legislation as a “force multiplier” of American economic might.
Meanwhile, concerns over the debt are far from limited to crypto circles.
Investor Ray Dalio has pointed to gold and Bitcoin as hedges worth watching, with the U.S. debt crisis increasingly shaping macro sentiment across traditional and digital markets.
XRP Rides a Wave of Policy Momentum Into the Debt Conversation The Newsmax segment arrives just days after one of the most consequential weeks for XRP in recent memory.
On August 19, Ripple CEO Brad Garlinghouse joined President Trump, SEC Chair Paul Atkins, and CFTC Chair Michael Selig at a White House crypto summit.
The meeting centered on advancing the CLARITY Act, the landmark digital asset market-structure bill facing a pivotal September 15 Senate vote.
That summit came shortly after Ripple and Coinbase CEOs spotlighted the CLARITY Act’s progress in Washington briefings, a sign of growing institutional alignment between Ripple’s regulatory agenda and the administration’s broader crypto framework.
Market participants are also tracking fresh institutional signals. Goldman Sachs recently reclaimed its position as the largest XRP ETF holder, underscoring the depth of institutional demand.
XRP surged over 16% in 24 hours and 51% across the past week at the time of writing, reflecting market sensitivity to any policy signal that involves the asset.
Coingecko XRP Price For investors, the Vance interview is less a policy commitment and more a signal of direction.
The administration’s pro-crypto posture, built through summits, legislation, and reserve discussions, continues to normalize XRP as a politically visible asset.
Whether Washington formalizes any reserve mechanism or not, XRP is now a recurring name in the rooms where U.S. fiscal policy is being shaped.
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Open interest in XRP futures has reportedly returned to levels prior to a significant market downturn, as noted by social media analyst @JA_Maartun. This development comes after a period of reduced activity in XRP derivatives following a major crash in 2025. As of August 2026, the open interest has rebuilt, suggesting a resurgence in leveraged activity among market participants. This renewed activity in XRP’s derivatives market coincides with a stable spot price around the $1.00 mark, attracting attention from investors closely monitoring potential moves.
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The rebuilding of open interest is seen as an indication of regained confidence in XRP’s market outlook. The previous decline in open interest, from $660 million to $203 million, highlighted the impact of the 2025 crash. However, the current recovery suggests that participants may be preparing for potential upside movements, consistent with broader market optimism. Key platforms such as Bybit and Binance have been noted for their increased activity in XRP futures contracts, indicating a shift back to pre-liquidation levels.
Key Takeaways Open interest in XRP futures appears to have returned to pre-dump levels, suggesting a revival in market confidence. Increased activity has been noted on major platforms like Bybit and Binance, consistent with renewed interest in XRP derivatives. The recovery in open interest is consistent with scenarios where XRP could see further price movements, reflecting broader optimism. What to Watch Observers will be closely monitoring developments in the XRP market as the year progresses. Key indicators include any announcements from Ripple or regulatory bodies like the U.S. SEC that could influence XRP’s trajectory. The potential for XRP to reach new all-time highs by the end of 2026 remains a focal point, with market pricing suggesting cautious optimism. Future price movements and regulatory updates will be critical in shaping the outlook for XRP through the remainder of the year.
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Term Structure
Contract Odds Δ since publish Volume 24h September 30, 2026 3.6% — — View market → December 31, 2026 6.5% — — View market →
XRP extended its bullish streak, cleared the $1.50 resistance, and reached a seven-month high of $1.67. The altcoin later retraced to $1.5114 but remained up 15% on the daily chart.
The rally coincided with an 89% increase in Trading Volume, reflecting stronger market participation.
Are whales and institutions buying XRP? XRP maintained its upward trajectory as demand strengthened across Spot and institutional markets.
Whale activity first showed that large holders had reduced transfers toward exchanges. The Whale to Exchange Flow fell to 336, returning to levels recorded before the market recovered three days earlier.
Source: CryptoQuant Falling Whale to Exchange Flow showed that fewer whale-linked transfers reached exchanges. This decline suggested weaker immediate selling pressure, although it did not confirm fresh whale purchases.
Meanwhile, institutional demand added another layer of support.
Source: SoSoValue Whale Insider reported that Bitwise’s XRP ETF recorded $16.9 million in Daily Net Inflows. The fund marked its third consecutive day of positive flows.
Overall, XRP ETFs attracted $18.3 million, recording their highest Daily Net Inflows in three months. These purchases reflected stronger institutional demand as XRP challenged its seven-month high.
However, the derivatives market showed where that confidence could become unstable.
Can XRP survive rising leverage? XRP recorded heavy liquidations across both sides of the derivatives market.
Over 24 hours, $59.7 million in Long Positions and $49 million in Short Positions were liquidated. Total Liquidations exceeded $109 million, showing that volatility punished traders on both sides.
Source: CoinGlass Even so, Open Interest increased 10% to $3.68 billion. Derivatives Volume also jumped 65% to $19.2 billion, showing that traders continued speculating despite recent losses.
Source: CoinGlass Rising Open Interest confirmed additional exposure but did not reveal whether traders favored Long or Short Positions. This leverage could amplify XRP’s next move, whichever direction price takes.
XRP’s bullish structure remained intact as market demand held steady. The Relative Vigor Index [RVGI] climbed to 0.49, reflecting stronger bullish momentum and buyer control.
Source: TradingView Meanwhile, the Momentum Indicator rose to 0.53, supporting the possibility of trend continuation.
If demand holds, XRP could target the $1.94 resistance next. However, another liquidation wave could weaken the rally and expose the $1.30 support.
Final Summary
XRP gained 15% and reached a seven-month high of $1.67. XRP ETF Daily Net Inflows reached a three-month high of $18.3 million.
XRP has seen rapid gains over recent days, prompting renewed speculation from analysts and market observers about its potential trajectory as August draws to a close. This momentum surge has led some to seek forward-looking forecasts, and attention has turned to Google Gemini AI for guidance on XRP’s outlook for September 1, 2026.
XRP forecast scenarios from Gemini AIGoogle Gemini AI outlined three primary scenarios for XRP’s near-term price action. The model identified an elevated consolidation between $1.45 and $1.80 as the most probable outcome, emphasizing a stabilization phase after the recent upward move. XRP briefly touched $1.68 before sliding back to $1.53 today, positioning itself within Gemini’s projected consolidation zone if upward momentum resumes.
Gemini AI described this scenario as a “standard market digestion of rapid gains without significant macro or legal drawbacks.” Key resistance is expected in the $1.70 to $1.80 range, while the $1.45 to $1.50 area may provide new structural support.
Google Gemini AI expects, barring major negative catalysts, XRP to consolidate with support around $1.45 to $1.50 and resistance near $1.70 to $1.80 ahead of September 1, 2026.
The model noted that the elevated consolidation is most likely provided no sudden events or adverse legal headlines impact sentiment before the start of September.
Bullish scenario: Parabolic continuationFor a more bullish projection, Gemini AI forecasted XRP could climb as high as $2.20 to $2.35, with intensified buying pressure if the price moves decisively above $1.50. This scenario would require Bitcoin to hold above $72,000 and a further uptick in institutional participation, including new ETF-related inflows.
Market participants are also positioning in advance of the September 15 Senate vote on the CLARITY Act, adding to the speculative energy. According to Gemini, if these bullish conditions are met, retail and institutional demand could trigger a notable squeeze, pushing XRP to fresh multi-year highs.
Bearish scenario: Leverage flushThe most conservative scenario from Gemini puts XRP between $1.20 and $1.35 by September 1. This case assumes a flush of over-leveraged long positions, possibly triggered if Bitcoin dips below $70,000 or early investors seek profits after recent gains.
Despite these risks, recent outperformance against Bitcoin may help limit the depth of any pullback for XRP, as buyers are expected to re-enter if prices decline toward the lower support band near $1.20 to $1.26.
In its downside forecast, Gemini AI points to the risk of a leveraged long squeeze, with buyers possibly returning at the $1.20 to $1.26 range if broader market weakness causes a liquidation event.
Key factors influencing XRPInstitutional inflows, positive regulatory developments, and shifting sentiment toward digital assets have been identified as the primary forces behind the latest XRP rally. The August 19 White House crypto summit served as a significant catalyst, further fueling interest among investors. The outcome of the Senate vote on the CLARITY Act remains an important event for the market, with many traders watching closely for any signals that could affect XRP’s trajectory in the final days of August.
With digital asset prices able to swing rapidly after a single Federal Reserve decision or even an unexpected altcoin listing, traders increasingly seek efficient ways to monitor the market. In these conditions, switching between multiple apps for price tracking, news, and portfolio updates can erode profitability. As a result, some investors are turning to privacy-focused tools like CryptoAppsy, which offer real-time charts, price alerts, coin-specific headlines, and crucial macro data on one screen—all without requiring an account setup.
Looking ahead, whether XRP can approach the $2 level or faces renewed downside will depend on a complex interplay of technical, regulatory, and macroeconomic variables in the days ahead.
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.
22 August 2026 | 11:36 XRP almost cleared $1.70 after rising 60% in a week. The daily chart shows the token reaching $1.69 before slipping back toward $1.55, where a May swing high now comes into play.
The failed first push does not settle the question at $1.70. It moves the focus lower. If XRP can make $1.55 behave like support, a return to the January level will carry more weight than the first spike into it.
XRP Price Chart from TradingVIew $1.70 stopped the first charge Late January was the last time XRP traded around $1.70 before the much deeper decline that followed in February. That history gives the level more significance than an arbitrary round number.
XRP has returned there after recovering above its 50-day ($1.09), 100-day ($1.15) and 200-day ($1.27) moving averages. Those levels confirm that the broader price structure has improved, but they are now far below the immediate battle.
The first encounter with $1.70 ended just below the line. XRP’s daily RSI reached 87.52, a reading that captures how quickly buyers pushed the market higher. A pause after such a move would be normal. What matters is where that pause finds support.
The May high is now under pressure The area around $1.55 overlaps with a swing high from May. Until now, that price sat above XRP as a ceiling. Its role changes only if the market can revisit it, absorb selling and close back above it.
That does not require XRP to move in a straight line. A brief dip beneath $1.55 would not erase the setup by itself. The stronger signal would be price stabilising in the area and recovering by the daily close, showing that buyers are willing to defend the higher range.
Failure to do so would leave the move to $1.70 looking like a sharp rejection from old resistance. In that case, the chart would still show an impressive rally, but not yet a confirmed breakout.
There is real demand behind the move, but futures still set the pace CoinGlass listed $5.51 billion in XRP spot volume over 24 hours, alongside $20.60 billion in futures turnover. The spot figure matters: this has not been a rally produced only by a short squeeze or derivatives traders passing contracts between themselves.
Futures activity is still roughly 3.7 times larger than spot volume. That imbalance does not invalidate the move, but it does make the price more sensitive to changes in positioning. A market led by perpetual contracts can rise quickly, and give back ground just as quickly when leverage turns.
Open interest stood at $3.87 billion, while $125.59 million in XRP futures positions were liquidated over the same 24-hour period. Those figures fit the character of the rally: large participation, fast turnover and little room for traders caught on the wrong side.
What would make a second attempt different A return to $1.70 becomes more convincing if XRP can spend time around $1.55 without attracting another aggressive buildup in open interest. Price holding steady while leverage cools would suggest that the market is clearing late entries rather than losing underlying demand.
Spot activity also needs to remain present. The current $5.51 billion in cash-market volume gives the rally a stronger base than a purely futures-driven surge. If that interest remains firm while XRP moves back toward $1.70, buyers would be approaching the level with more than momentum behind them.
Funding is the final part of the picture. Rapidly rising positive funding combined with expanding open interest would show traders crowding into longs before the breakout has happened. A more restrained funding market would leave XRP less exposed to a sudden flush when it meets resistance again.
The actual break requires a daily close above $1.70, followed by a return to the level that does not immediately fail. Until then, the market has tested the January ceiling; it has not taken it.
Make $1.55 boring, then revisit $1.70 XRP does not need another vertical candle to keep this recovery alive. It needs to turn the May high into an uneventful support area, with buyers absorbing a retest and derivatives positioning becoming less frantic.
That would change the character of the next move toward $1.70. Without it, the first rejection remains the more important signal. With it, XRP would have a cleaner base beneath the level that stopped the rally this week.
The article is provided for informational purposes only and does not constitute 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.
Key Takeaways Goldman Sachs has re-established itself as the top institutional XRP ETF investor with $86.50 million distributed across five different ETF products. Major financial institutions including JPMorgan, Morgan Stanley, and Bank of America revealed XRP ETF positions in their Q2 2026 regulatory filings. XRP spot ETFs attracted $13.24 million in net inflows on Thursday, bringing total assets under management to $1.17 billion. The XRP token has gained more than 40% over the past week, currently trading between $1.31 and $1.38, with daily volume surging 156%. Open interest in XRP futures contracts increased by over 17% to reach $3.44 billion, with CME experiencing a 35% uptick. In a significant development for cryptocurrency institutional adoption, Goldman Sachs has reclaimed the position of largest XRP ETF holder according to its Q2 2026 regulatory disclosure filed with the U.S. Securities and Exchange Commission. After completely divesting from XRP ETF positions in the previous quarter, the investment banking giant has re-entered with an $86.50 million allocation distributed across five distinct ETF products.
Goldman’s portfolio encompasses positions in products from Bitwise, Franklin Templeton, Grayscale, Canary, and 21Shares. Specifically, the firm holds 2,208,949 shares of the Bitwise XRP ETF, 2,238,407 shares of Franklin’s XRPZ product, and 1,759,090 shares of Canary’s XRPC offering.
Additionally, Goldman reported holdings of 806,126 TOXR shares and 377,619 shares of Grayscale’s GXRP fund. Prior to its exit, the investment bank’s XRP ETF position was valued at approximately $152 million.
The filing also revealed that Goldman holds 365,976 shares of XRPN through Armada Acquisition Corp II, a special purpose acquisition company backed by Ripple-connected Evernorth Holdings, which is pursuing a Nasdaq exchange listing.
Wall Street’s Growing XRP Appetite Goldman Sachs isn’t the only major financial institution entering the XRP ETF space. JPMorgan, Morgan Stanley, and Bank of America each disclosed XRP ETF positions in their Q2 2026 regulatory filings. This coordinated movement suggests increasing acceptance of XRP-linked investment vehicles among established financial institutions.
Market analysis from Coin Bureau highlighted on social platforms that XRP experienced a remarkable 40% surge within five days, climbing from below $1.00 to approach $1.40. Their research indicated that large-scale investors accumulated more than 300 million XRP tokens during the 96-hour period preceding the rally’s start. They also emphasized that the $0.98 price level had historically served as a launching point before XRP’s 2024 climb to its record high near $3.65.
XRP surged 40% in FIVE days.$XRP went from under $1.00 to nearing $1.40, its BIGGEST weekly rally since the 2024 election pump.
It bounced from $0.98, the exact same level it sat at before the 2024 rally carried it to an all-time high near $3.65.
It hasn't traded near $1.40… pic.twitter.com/PmkR1GHXPn
— Coin Bureau (@coinbureau) August 21, 2026
On Thursday, spot XRP ETF products recorded $13.24 million in net positive flows. Bitwise commanded the largest share with $9.9 million in inflows, while Franklin attracted $3.34 million. The combined assets under management for all spot XRP ETFs now stands at $1.17 billion, with aggregate inflows surpassing $1.53 billion.
Source: SoSoValue XRP Market Performance and Trading Metrics XRP is presently trading in the range of $1.31 to $1.38, representing approximately 22% gains for the day and 39–40% growth over the week. The 24-hour price range extended from $1.16 to $1.43.
XRP Price Trading activity has intensified with volume increasing 156% during the past 24 hours. Open interest in XRP futures contracts surged more than 17% to reach $3.44 billion. CME futures open interest jumped 35%, while Binance experienced a 15% rise and Hyperliquid recorded a 29% increase.
The wider cryptocurrency market rally has been partially attributed to the U.S. Treasury’s bond buyback program, which decreased yields and created more favorable financial conditions.
An initiative to introduce institutional lending capabilities to the XRP Ledger — involving Clearpool, Cicada Partners, and Ripple serving as a capital provider — was announced previously and continues to develop.
XRP is approaching a crucial technical resistance at $1.65, with traders closely monitoring whether the cryptocurrency can break through this level and confirm a longer-lasting uptrend. The digital asset, which is native to Ripple’s payment network, currently trades at $1.59, putting it within close range of a possible test of the resistance zone.
Analysts focus on $1.65 breakoutMarket analyst EGRAG CRYPTO recently emphasized the significance of the $1.65 mark for XRP. According to his assessment, this level performed as both a major support during declines and as tough resistance throughout recovery phases. He noted that a sustained breakout above $1.65, with XRP holding that level as new support, would signal a potentially strong bullish trend shift.
CoinCodex data shows XRP hovering near $1.59, leaving bulls with a narrow gap before directly challenging resistance. In the broader context, technical momentum around XRP has improved since the asset moved out of a two-week trading range, offering additional optimism for those betting on further upside.
Large holders have reportedly accumulated about 190 million XRP in a single day, while activity on the XRP Ledger has risen, suggesting renewed interest among investors.
EGRAG CRYPTO and other analysts continue to watch whether XRP can transform $1.65 from resistance into a solid support base. Without a clear breakout, any rally may prove short-lived instead of marking the start of a broader uptrend.
Long-term signals and technical comparisonsTechnical analyst ChartNerd has pointed out similarities between XRP’s current structure and its setup following the 2022 market cycle bottom. He identified the 50-week exponential moving average (EMA) as a crucial indicator for assessing the strength and sustainability of this rebound.
The 50-week EMA represents a smoothed trend marker that helps traders evaluate whether an asset is in a bearish or bullish phase over a longer timespan. If XRP successfully climbs above the 50-week EMA alongside a move beyond $1.65, these two signals could reinforce each other and confirm a more decisive shift toward bullish momentum.
Mini dictionary: Exponential Moving Average (EMA) — An EMA is a type of moving average that places a greater weight and significance on the most recent data points. In cryptocurrency trading, the 50-week EMA is often used to assess whether a coin is in a long-term bullish or bearish trend.
Regulatory and industry contextIndustry developments have also put XRP in the spotlight. Ripple, the company behind the asset, continues to advocate for regulatory clarity in the United States. CEO Brad Garlinghouse recently participated in private discussions on the CLARITY Act with Commerce Secretary Howard Lutnick, further highlighting efforts to establish clear rules for cryptocurrencies in the country.
As the market awaits a decisive move, traders will continue to track whether XRP can break out above $1.65 and hold it as a support level — a move that could define the next chapter of its recovery.
Level/MetricCurrent ValueSignificanceXRP trading price$1.59Close to key resistanceKey resistance$1.65Potential breakout target50-week EMANot specifiedLong-term trend indicatorLarge holder accumulation (1 day)190 million XRPSignals growing interest Bulls need more than a quick move to resistance. Sustained trading above $1.65, with that level acting as support, could mark a meaningful shift in XRP’s technical structure.
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.
A sharp move in XRP has drawn attention among traders and analysts, after the cryptocurrency surged nearly 59% since breaking out from a key technical area. The rally followed chart signals identified by BankXRP, a crypto analyst active on X (formerly Twitter), and coincided with a series of regulatory and institutional developments benefiting the Ripple ecosystem.
XRP surges after technical breakoutBankXRP posted a TradingView chart on August 22 highlighting that XRP had gained 59% from its breakout point, with the token reaching $1.5638. Early traders who recognized the setup saw substantial returns as the upswing unfolded.
Shortly after, additional commentary from the trading community indicated that XRP extended its rally, touching a high of $1.68 before moderating to around $1.53. This move marked a multi-month peak for the cryptocurrency and underscored renewed interest in the asset.
Nearly 59% move from the breakout area. The setup was there. Those who positioned early are now seeing it play out. This is why I watch the structure, not just the candles.
Market observers emphasized structure-based analysis for anticipating such moves, rather than relying solely on short-term candlestick activity for trading decisions.
Major US regulatory and political developmentsOn August 19, regulatory attention on the crypto sector intensified when Ripple CEO Brad Garlinghouse joined President Donald Trump at the White House, accompanied by key figures such as SEC Chair Paul Atkins, CFTC Chair Mike Selig, Treasury Secretary Scott Bessent, and Coinbase CEO Brian Armstrong. The group discussed digital asset policy and the future of regulatory approaches in the United States.
Trump publicly urged Congress to advance the CLARITY Act, legislation designed to set a federal regulatory framework for digital assets and determine whether cryptocurrencies are classified as securities or commodities. The bill, which already passed the US House of Representatives in 2025, is now scheduled for a procedural Senate vote on September 15 and requires 60 votes to proceed.
Garlinghouse cited research that estimates 67 million Americans are crypto holders, representing nearly one in four adults. He argued that clear regulation would facilitate broader adoption and open the doors for greater institutional investment.
Mini dictionary: CLARITY Act, a proposed US law aiming to define the regulatory status of cryptocurrencies and improve legal certainty for digital assets by clarifying whether they fall under securities or commodities regulations.
Institutional flows and new partnerships strengthen XRP momentumInstitutional demand for XRP gained a boost as spot XRP exchange-traded funds (ETFs) recorded $5.81 million in inflows on August 18, the highest single-day amount since July 31. Data shows these ETFs currently hold about 1.5% of XRP’s circulating supply, increasing their influence on price dynamics.
DateXRP ETF InflowsXRP Price HighAugust 18$5.81 million$1.68July 31Previous highBelow $1.68Ripple also announced a strategic partnership with Jeonbuk Bank in South Korea to launch Ripple Payments, supporting faster and more efficient cross-border business remittances. This initiative aims to increase XRP’s practical utility and drive further institutional adoption.
Mini dictionary: Jeonbuk Bank is a South Korean regional bank with a focus on digital innovation, now collaborating with Ripple to integrate blockchain-based payment systems for enhanced cross-border transfers.
Analyst perspective: Structure over short-term signalsBankXRP reiterated that the 59% rally was foreseeable for those tracking technical structures, not just daily price fluctuations. Analysts believe that strategic early positioning, based on longer-term structural analysis, continues to distinguish consistently successful traders from those who react to short-term movements.
Those who saw the structure bought early and are seeing profit. Positioning early, based on structure, is what separates prepared traders from reactive ones.
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 staged one of its strongest daily gains in recent months, climbing nearly 10% and reaching the $1.40 area after spending much of August seeking the $1.00 milestone. This sharp rally saw the cryptocurrency surpass several key moving averages and major resistance points, strengthening its immediate technical outlook.
XRP recovers key resistanceThe most notable advance came as XRP broke above the critical $1.16 resistance as well as short-term averages near $1.09. The price temporarily moved past the long-term moving average, which had previously acted as dynamic resistance during the extended downtrend, topping $1.34 at its peak.
Maintaining levels above $1.34–$1.35 could prove far more important to sustaining this uptrend than the initial surge. An established daily close above this region may open the door to the $1.45–$1.50 zone and turn the long-term moving average into a floor. The former consolidation area around $1.55 could become relevant if the momentum persists.
Trading volume added further confirmation, with daily turnover jumping to approximately 277 million, notably higher than in previous sessions. The daily relative strength index (RSI) spiked to around 83, placing XRP in distinctly overbought territory.
XRP’s short-term outlook has improved after the break above $1.34. Still, momentum readings suggest rising risks as the rally becomes increasingly stretched.
Analysts cautioned that while strong rallies can keep assets overbought for a while, the risk of a pullback grows. A retracement to $1.34 could be constructive if bulls defend that level; losing it may deepen the retest toward $1.16.
AssetCurrent PriceKey ResistanceKey SupportCurrent RSIXRP$1.40$1.45–$1.50$1.34, $1.1683SHIB$0.00000523$0.0000057–$0.0000058$0.000005, $0.0000046567.8DOGE$0.087$0.09–$0.095$0.080, $0.072–$0.07377.7HYPE$76$76–$78$68–$70, $60–$6178SHIB aims for bullish reversalShiba Inu (SHIB) advanced about 5.7% to $0.00000523, seeking to turn a recent bounce into a true trend reversal. After clearing the essential $0.000005 marker, SHIB’s technical structure has improved, highlighted by a break above the orange moving average near $0.00000489 and clearing short-term averages at $0.00000452–$0.00000465.
Trading activity surged as volume reached nearly 1.53 trillion SHIB. The price rise, combined with increased volume, reinforced the significance of the move, contrasting with the quieter period earlier in August. However, SHIB faces stiff resistance at $0.0000057–$0.0000058, near the downward-sloping long-term moving average of $0.00000574.
The RSI currently sits at roughly 67.8, just shy of the typical 70 overbought threshold. Compared to XRP, SHIB still has room for growth if momentum picks up. Breaking and securing $0.0000057 as support would put the March–May consolidation zone near $0.0000060 into focus for the bulls.
SHIB’s breakout over key averages and the $0.000005 level signals a potential bullish shift, but confirmation above $0.0000058 remains vital for a true reversal.
A failure to hold $0.000005 may weaken SHIB’s setup, returning focus to $0.00000465 and $0.0000045 as support.
HYPE tests yearly highsHyperliquid (HYPE) surged toward $76 in a strong daily move, essentially erasing losses from the August decline. The asset has returned to the upper edge of its 2026 trading range and is challenging previous highs between $76 and $78, lending further technical significance to the rally.
HYPE’s recovery is supported by reclaiming all major moving averages on the daily timeframe. The intermediate average near $57.70 and short-term support between $60.50 and $60.70 reinforce the uptrend, while a long-term average at $51.90 sits further below.
Compared to the earlier August correction, HYPE’s rebound comes with a stronger structure and increasing, though still moderate, trading volume. If buyers can secure a daily close above $76–$78, the token may enter price discovery mode, targeting $80 in the near term.
Momentum remains the main risk factor, with a daily RSI of about 78 marking very overbought conditions. Some cooling or a pause would be typical before further upside, while support at $68–$70 and then $60–$61 provide downside protection.
Hyperliquid is a decentralized derivatives trading platform offering perpetual contracts and spot trading for a wide range of digital assets.
Mini dictionary: Hyperliquid, a decentralized exchange specializing in derivatives and spot trading, uses advanced on-chain order book architecture to provide high-speed, gas-free trading for digital assets.
DOGE breaks out, eyes key resistanceDogecoin (DOGE) jumped roughly 4% to about $0.087, producing a clear breakout from the compressed trading structure that defined August. The move propelled DOGE past several important resistance zones that had weighed on the price near yearly lows.
A sustained recovery of short-term averages at $0.072 and a subsequent surge past the intermediate average at $0.080 marked the start of this breakout, with trading volumes climbing to 1.07 billion DOGE. This significant volume shift contrasts with the subdued activity earlier in the month, providing essential confirmation for the rally.
DOGE now faces new technical hurdles, trading below its primary dynamic resistance at the long-term moving average near $0.095. This level also aligns with a previous consolidation zone between $0.09 and $0.10.
Momentum indicators now reflect a stretched market, with DOGE’s daily RSI surging to 77.7. If the $0.09–$0.095 range is cleared and held, further gains to $0.10 or even the May highs around $0.11–$0.115 become possible. If momentum slows, defending $0.080 is now crucial for bulls.
While DOGE’s breakout is impressive, restoring the broader bullish structure depends on a decisive reclaim of $0.095; support sits strongest at $0.072–$0.073.
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.
This Thursday, the first meeting of the U.S. Commodity Futures Trading Commission (CFTC) Innovation Advisory Committee (IAC) was held, chaired by CFTC Chairman Michael S. Selig and other officials, with a large number of cryptocurrency founders and executives in attendance. As the crypto sector continues to rally, below are the gains of related cryptocurrencies and stocks: • Cryptocurrencies: LIT rose over 21% in 24 hours, hitting a market cap of $797 million; XRP gained over 20% in 24 hours, reaching a market cap of $96.57 billion; CRO climbed over 16% in 24 hours, with a market cap of $3.067 billion; UNI rose over 15% in 24 hours, hitting a market cap of $3.84 billion; LINK gained over 12% in 24 hours, reaching a market cap of $9.148 billion; OKB climbed over 10% in 24 hours, with a market cap of $2.469 billion; SOL rose over 8% in 24 hours, hitting a market cap of $56.107 billion. • U.S. equities: COIN closed up 8.20%, with a market cap of $49.203 billion; BTGO closed up 3.64%, reaching a market cap of $804 million; HOOD closed up 13.70%, hitting a market cap of $97.218 billion.
After spending the majority of August working toward $1.00, XRP has made one of its strongest daily moves in months, rising by about 10% and hitting the $1.40 region. Although the move has already reached technically overheated territory, the breakout significantly improves the short-term structure.
XRP is finally backThe most significant development is that XRP recovered multiple moving averages in a single session. The price has broken through the major resistance near $1.16 and the short-term averages around $1.09. More significantly, XRP momentarily surpassed the long-term moving average, which had served as dynamic resistance during the larger decline, at $1.34.
XRP/USDT Chart by TradingViewTherefore, holding above roughly $1.34–$1.35 would be far more crucial than the actual spike. A verified daily close above this area could open the path toward $1.45–$1.50 and turn the long-term average into support. The previous consolidation zone around $1.55 becomes significant after that.
HOT Stories
Significant confirmation is provided by volume. The move appears to be supported by real market participation rather than thin liquidity, as the breakout coincided with roughly 277 million in daily volume, significantly higher than in recent sessions. Momentum is a concern. The daily RSI has surged to about 83, well inside overbought territory.
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During a powerful rally, XRP may continue to be overbought, but it becomes riskier to pursue further upside. Thus, a pullback to $1.34 would be advantageous. XRP may develop an entirely new short-term structure if that level is maintained. Losing it would make a deeper retest toward $1.16 more likely.
Shiba Inu Pushes ThroughWith SHIB rising by about 5.7% to roughly $0.00000523, Shiba Inu is trying to turn its recent recovery into a proper trend reversal. The move continues the breakout above the crucial $0.000005 level, both technically and psychologically. The immediate technical situation has significantly improved.
SHIB has now broken through the orange moving average near $0.00000489 after rising above its short-term moving averages around $0.00000452–$0.00000465. The current breakout is especially significant because that latter level had consistently limited attempts at recovery. Additionally, trading volume has increased significantly, reaching about 1.53 trillion SHIB.
SHIB/USDT Chart by TradingViewThe breakout signal is strengthened when rising prices are accompanied by increased volume, which also distinguishes the current move from the low-volume consolidation that occurred earlier in August. Nevertheless, SHIB continues to confront a significant challenge in the $0.0000057–$0.0000058 region.
The long-term moving average is still sloping lower and is currently close to $0.00000574. If that level is broken, there will be much more evidence that SHIB is moving away from its broader bearish structure.
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Another significant boundary is being approached by momentum. Just below the traditional overbought threshold of 70, the RSI has increased to roughly 67.8. SHIB has some potential for growth because, in contrast to XRP, it has not yet reached an extreme momentum reading. In the current bullish scenario, SHIB must challenge $0.0000057 and keep $0.000005 as support.
The former March–May consolidation area, starting at $0.0000060, might be reached by a breakout there. $0.00000465 and $0.0000045 would become the main support levels if $0.000005 were not held, significantly weakening the setup.
Hyperliquid's StrengtheningAfter an explosive daily move that drove HYPE toward $76, Hyperliquid has returned to the upper limit of its 2026 trading range. The asset has erased almost all of the August correction and is once again challenging its previous highs around $76–$78, making the recovery technically significant.
Compared to the early August decline, the structure supporting the move is significantly stronger. On the daily chart, HYPE has recovered all of the major moving averages. Currently, the intermediate moving average near $57.70 offers an additional layer of support, while short-term support is located between $60.50 and $60.70. At roughly $51.90, the long-term average remains significantly lower.
HYPE/USDT Chart by TradingViewBecause of this arrangement, the overall trend remains positive. In comparison to the larger 2026 structure, HYPE's correction toward $52 earlier this month ultimately resulted in a higher low, followed by a swift recovery. Although it is still below the extraordinary activity seen during previous significant moves, volume has also increased during the most recent breakout attempt.
The $76–$78 range is therefore especially crucial. HYPE would enter price discovery if there were a clear daily close above it, with $80 serving as the initial psychological target and minimal historical resistance just above. The primary short-term risk is created by momentum.
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With a daily RSI of about 78, HYPE is firmly in overbought territory. Therefore, some cooling or consolidation would be typical without invalidating the breakout. The first significant retracement zone is between $68 and $70 if buyers fail at $76 to $78. The critical support area is between $60 and $61 below that. HYPE's broader bullish structure holds as long as it stays above those moving averages.
Dogecoin Needs More FuelDogecoin has finally produced a significant breakout from its compressed August structure, rising by about 4% to approximately $0.087 on the current daily candle. More significantly, DOGE has overcome a number of resistance levels that had trapped the asset near its annual lows.
The short-term moving averages' recovery at $0.072 is the first significant shift. After that, DOGE accelerated through the intermediate moving average around $0.080, transforming a slow rebound into a real breakout attempt. Alongside the move, trading volume increased significantly, hitting about 1.07 billion DOGE on the chart.
DOGE/USDT Chart by TradingViewFollowing weeks of comparatively weak activity around $0.07, that volume confirmation is important. But now DOGE has reached a more challenging technical area. The asset is still trading below its main dynamic resistance, as the long-term moving average sits at $0.095.
Additionally, this level roughly aligns with the previous February–May structure between $0.09 and $0.10. Momentum has already been stretched. The daily RSI has surged to roughly 77.7, compared to its moving average of about 51.3. As a result, DOGE quickly transitioned from neutral momentum to overbought conditions.
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Thus, $0.09–$0.095 is the immediate test. If this area is broken and held, $0.10 and the May region around $0.11–$0.115 may be exposed. In the event that momentum wanes, bulls must first defend $0.080.
The strongest nearby support remains the $0.072–$0.073 cluster below it. Although the breakout is significant, the larger bearish structure cannot be deemed seriously damaged until DOGE regains $0.095.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
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Summary
XRP traded at $1.42 on Aug. 21, rising 22.8% in 24 hours as XRP-related ETF inflows topped $1,323.71. Despite softer trading and cautious retail sentiment, institutional demand continues supporting steady XRP capital inflows. UE Crypto draws XRP investors with cloud mining and yield aggregation options, plus layered security and asset protections. On August 21, XRP ETF prices continued their strong recovery momentum, breaking above the $1.42 mark for the first time since late August. The breakthrough was supported by institutional capital inflows and improving liquidity conditions in the United States.
Continued inflows into XRP ETFs further demonstrate the growing demand from institutional investors for XRP exposure. Although retail investors remain relatively cautious due to market volatility and price uncertainty, institutional capital continues to increase XRP allocations through regulated financial products, making XRP one of the most closely watched mainstream digital assets in the current market.
As the regulatory environment gradually becomes clearer and financing conditions continue to improve, more investors are beginning to reconsider a key question: beyond relying on price appreciation for returns, are there more diversified, efficient, and sustainable ways to participate in the long-term value growth of XRP and the broader digital asset ecosystem?
Total daily net inflows into XRP ETFs reached the $13.2371 million milestone, marking a significant development.
XRP price today As of August 21, 2026, the current price of XRP (XRP) is $1.42. Over the past 24 hours, the price has moved 22.8%, with a 1.9% increase over the past hour. Over the longer term, the price has moved 41.2% over the past seven days and 25.1% over the past month. The XRP spot ETF market has reached an important milestone. According to data published by the analytics platform uToday, driven by continued net capital inflows, cumulative inflows into XRP-related exchange-traded funds (ETFs) have exceeded $1,323.71.
Meanwhile, overall market liquidity continues to improve. Although secondary-market trading activity has declined somewhat and retail investors remain relatively cautious amid market volatility, institutional allocation demand remains steady, driving continued net capital inflows on most trading days.
A new choice for XRP investors: UE Crypto helps explore diversified digital asset yield mechanisms In light of this trend, an increasing number of XRP investors are turning their attention to UE Crypto, seeking to expand their digital asset allocation channels through cloud mining and yield aggregation mechanisms and explore more diversified, stable, and sustainable yield models.
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XRP's move to $1.42 has changed the tone around the market, but overheating signals could still test bullish momentum.
XRP has emerged as one of the best-performing crypto assets this week after surging by over 35%. In the past 24 hours alone, it rose by almost 20%.
The latest push has revived talks of all-time highs.
Bulls Find Fresh Fuel The token broke through several major levels before reaching $1.42 on Friday, including the previously identified $1.293-$1.302 range. Despite attempts from sellers to push the price a little lower, XRP held on. According to Diana’s findings, this may represent a “confirmed breakout” which could bring the previous all-time-high zone back into focus.
However, the 4H RSI remains around 83, indicating extremely overbought conditions. A failure to hold $1.30 could cool momentum and make $1.20 the key support to defend.
Meanwhile, analyst Crypto Patel said that a move toward $10 for XRP should not be dismissed, while pointing to the token’s past price action as evidence of its potential for sharp gains. The crypto asset traded around $0.006 in 2017, when a move to $3 was considered impossible, before eventually reaching more than $3 in 2018. XRP was also being described as “dead” in 2023 before surging from $0.50 to $2.60 in November 2024.
Taking factors such as fast transactions, low fees, and real-world payment adoption into account, the analyst therefore said that “$10-$20 is absolutely on the table.”
Adding to the bullish backdrop, XRP whales have also continued accumulating. Data cited by analyst Ali Martinez revealed that large holders acquired more than 300 million tokens since the start of the current business week.
You may also like: Ripple Whales Go Crazy as XRP Price Can’t Stop Surging 240 Million XRP Pulled From Major Exchanges Since Early Summer: Why It Matters Important Ripple News and XRP Price Update: August 19 Long Bets Surge on Binance Activity in the XRP derivatives market on Binance is also picking up. CryptoQuant revealed that the funding rate reached 0.0101, its highest level since October 2025. The current funding rate is also well above its 30-day moving average, demonstrating how much stronger the demand for long positions is compared with the recent average.
However, as more traders build long positions, the cost of maintaining those positions rises. This leaves the market more exposed if XRP suddenly moves lower. A sharp decline could trigger liquidations among leveraged traders and add pressure to the price. For that reason, the funding rate could become an important gauge of whether the crypto asset’s current momentum is sustainable.
If funding stays elevated while XRP remains stable or continues moving higher, it would point to steady demand in the derivatives market. On the other hand, a decline in funding could signal that speculative interest and bullish momentum are starting to weaken.
XRP is trading at $1.31, up 13.7% over the past 24 hours and nearly 39.7% over the past week, driven by a mix of macro liquidity shifts and fresh institutional developments.
The broader crypto rally follows a Treasury Department move to buy back government bonds, aimed at pushing down yields and easing financial conditions. This links the current rally to a shift in bond market liquidity rather than a crypto-specific catalyst.
Why XRP Is Outperforming
XRP has outpaced other major cryptocurrencies partly due to its existing spot ETF products and its association with Ripple, one of the more established players in the industry.
Institutional Lending Plans on XRPL
A previously announced plan aims to bring institutional lending to the XRP Ledger, involving Clearpool for infrastructure, Cicada Partners for credit underwriting, and Ripple as a capital provider.
Price Levels to Watch
Recent chart activity points to a few levels worth tracking:
$0.90 was recently reclaimed, seen as a positive technical signalA 34% move off the recent low is being read as evidence the bottom may already be in$10, $20, and $30 have been floated as long-term macro price targets tied to one wave-based price theoryThese longer-term targets are speculative, based on one interpretation of price structure rather than any fundamental valuation model or confirmed catalyst. A near-term pullback would be considered healthy after the recent rally, and downside risk remains if XRP fails to hold current levels.
What Would Confirm a Real Reversal
$1.50 stands out as a key level. A sustained hold above that price, rather than a brief spike, would mark the first real sign of a longer-term trend change after roughly a year of decline.
Story Ends Here
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XRP (CRYPTO: XRP) has surged 40% since the start of the week, with traders debating whether $10 could be a target.
Why One Trader Says $10 Is Not CrazyMarket commentator crypto Patel posted on X that XRP has a history of moves that looked impossible before they happened.
In 2017 it went from $0.006 to over $3 when $3 seemed unreachable.
In November 2024 it ran from $0.50 to $2.60 in 30 days, a move most called impossible beforehand.
He argued the $0.60 to $1 accumulation zone, low fees, fast transactions, and real-world payment adoption now set up a similar path toward $10 to $20.
Why Goldman Sachs Coming Back MattersAnalyst Rednirav flagged on X that Goldman Sachs completely exited its XRP ETF position last quarter and then reloaded aggressively in Q2 2026, returning as the number one XRP ETF holder with $86.5 million across Bitwise, Franklin Templeton, Grayscale, Canary, and 21Shares products.
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JPMorgan, Morgan Stanley and Bank of America also disclosed XRP ETF positions in Q2.
Spot XRP ETFs pulled in $13.2 million in inflows Thursday according to SoSoValue, pushing total assets under management to $1.17 billion and cumulative inflows above $1.53 billion.
Weekly inflows reached $21.40 million with one session still remaining, the first time weekly inflows have crossed $20 million since the week ending June 26.
What Ripple Launched On the XRP LedgerAccording to Scott Melker on X, Ripple is backing a new institutional credit fund alongside lending platform Clearpool and credit manager Cicada Partners to lend its RLUSD stablecoin to fintech and payments companies directly on the XRP Ledger.
Cicada manages credit risk, Clearpool builds the lending infrastructure, and Ripple participates as a limited partner on the same terms as other investors.
Borrowers receive and repay in RLUSD, creating direct demand for Ripple’s stablecoin while moving institutional lending onto XRPL.
The infrastructure is still being tested on a development network before going live on mainnet.
Jesse of Apex Crypto Insights has raised doubts over whether Ripple will ever pursue an initial public offering, despite years of executive commentary suggesting the door remains open. Ripple has not issued any statement confirming IPO plans or a timeline.
Garlinghouse’s Ambiguous Stance
Jesse pointed to Ripple CEO Brad Garlinghouse’s repeated comments that the company has been “happily private” for years, calling the phrasing deliberately noncommittal rather than a firm no. He said he’s questioning whether Ripple will ever actually go public, suggesting the company’s language may simply be how a private company is expected to talk publicly rather than a real signal of intent.
A Theory Tied to the IMF
Jesse said his skepticism stems partly from what he described as Ripple’s relationship with the International Monetary Fund, though he acknowledged uncertainty about the claim himself. He referenced comments he attributed to former Ripple executive Miguel Vias, in which Vias reportedly described Ripple’s XRP escrow function as similar to a “lender of last resort,” a role Jesse said is typically associated with an institution like the IMF rather than a private company.
He suggested this could mean Ripple’s structure would need to change, or that its escrow could be handed to another institution, before any IPO could realistically happen. This claim was relayed secondhand in the source material and could not be verified against an original interview or transcript.
Bottom Line
His view is speculative and framed as his own interpretation rather than confirmed reporting. He said the timing around these questions will eventually become clear, but did not offer a specific date or event tied to an IPO decision.
Story Ends Here
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Democratic Senator Ruben Gallego has called on US lawmakers to advance the CLARITY Act, citing the bipartisan progress achieved with the GENIUS Act as evidence Congress can deliver regulatory clarity for the digital assets industry. Gallego, who represents Arizona, made his remarks at the 2026 Wyoming Blockchain Symposium in Jackson Hole, an invitation-only event hosted by SALT and major crypto exchange Kraken.
CLARITY Act in focus at blockchain symposiumDuring his address, Gallego emphasized that Congress has both the precedent and the necessary tools to move forward with the CLARITY Act, a bill with vital implications for $XRP holders and the wider cryptocurrency market. The CLARITY Act aims to establish clear legal guidelines for digital asset market structure and regulatory oversight in the United States.
Referencing the successful passage of the GENIUS Act, Gallego told attendees that he believes legislative momentum can carry into this new effort. He noted that the GENIUS Act, which addressed stablecoin regulation, faced pessimistic forecasts early on regarding its chances of passing with bipartisan support.
He explained that applying the same collaborative approach seen in the GENIUS Act would be critical: “If we keep the same attitude we have from the GENIUS Act and bring this over to market structure, we can land this plane.”
The GENIUS Act, which established a regulatory framework for stablecoins, ultimately passed with the backing of 19 Democratic senators. Gallego attributed this outcome to the willingness of both parties to persist through legislative disagreements.
Mini dictionary: GENIUS Act, a US federal bill that provides a comprehensive legal framework for stablecoin issuance and oversight, aiming to bring regulatory clarity to the stablecoin market.
Bipartisan negotiation and Gallego’s key roleSenator Gallego has been one of the main Democratic figures advancing the CLARITY Act. He is one of only two Democratic senators who voted to advance the bill out of committee, making his support pivotal to reaching the 60-vote threshold needed for passage in the Senate.
He has worked closely with Republican Senator Thom Tillis to negotiate the bill’s ethics language, submitting compromise proposals to the White House before the Senate’s August recess. According to Gallego, the White House responses did not provide adequate or comprehensive safeguards. As a result, he continues to press for stronger ethics provisions as a key condition for his support.
Gallego warned that some political factions on both sides of the aisle may prefer the bill to stall in order to leverage digital asset regulation as a political issue, rather than pushing it through for substantive reform. He spoke candidly to the Wyoming audience about the risks of partisan roadblocks, saying that elements on the left and right may benefit from inaction.
He described that some lawmakers “would love not to land this plane to make this a political issue, both on the left and on the right.”
Senate Majority Leader John Thune has confirmed that the chamber decided to postpone the vote, scheduling it for after the summer recess. The CLARITY Act will be on the Senate’s agenda when lawmakers return in September. Gallego expressed concern that rushing to a vote before finalizing negotiations might undermine the bill’s prospects and long-term effectiveness. He remains engaged in discussions with colleagues and continues to advocate for passage of the act.
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.
Goldman Sachs has regained its position as the largest institutional holder of XRP exchange-traded funds, after fully exiting its XRP ETF positions in the previous quarter. The Wall Street bank rebuilt its XRP ETF portfolio in the second quarter of 2026, with newly disclosed filings revealing major additions to its holdings.
Goldman Sachs increases XRP ETF exposureThe bank’s updated XRP ETF portfolio features investments across funds managed by Bitwise, Franklin Templeton, Canary Capital, 21Shares, and Grayscale. Goldman Sachs reported notable increases in share counts for several of these funds, signaling renewed commitment to the XRP market.
Its largest position was 2,238,407 shares in Franklin Templeton’s XRPZ. Additionally, Goldman held 2,208,949 shares in the Bitwise XRP ETF, 1,759,090 shares of Canary’s XRPC, and 806,126 shares in 21Shares’ TOXR fund. The bank also reported 377,619 shares in Grayscale’s GXRP.
Goldman Sachs’ latest quarter filings valued the overall XRP ETF position at $86.5 million. In comparison, its previous exposure, before a full exit, was reported at approximately $152 million. The recent re-entry marks a substantial, but comparatively smaller, allocation.
FundShares HeldFranklin Templeton XRPZ2,238,407Bitwise XRP ETF2,208,949Canary XRPC1,759,09021Shares TOXR806,126Grayscale GXRP377,619Alongside its ETF holdings, Goldman Sachs disclosed 365,976 shares in XRPN, a security offered by Armada Acquisition Corporation II. The filing noted Ripple-backed Evernorth Holdings is pursuing a merger with the special purpose acquisition company (SPAC) to list on Nasdaq.
Mini dictionary: SPAC (Special Purpose Acquisition Company): A publicly traded company created specifically to acquire or merge with another business, allowing the target firm to go public more quickly and with fewer regulatory hurdles than a traditional initial public offering.
Evernorth Holdings confirmed progress on the proposed merger, which aims to facilitate the company’s public listing. Goldman Sachs included its XRPN stake with the XRP ETF disclosures in its quarterly report.
Broader institutional interest and market inflowsAdditional major banks, including JPMorgan, Morgan Stanley, and Bank of America, also disclosed XRP ETF holdings for the second quarter of 2026. These filings indicate growing institutional engagement with digital assets among leading US financial players.
The renewed investment activity aligns with increased efforts by major institutions to further tokenization initiatives and digital treasury management solutions. Market participants are also expanding real-time cross-border transaction systems to support evolving digital payment frameworks.
Recent data from SoSoValue showed that the US spot market for XRP ETFs posted $13.24 million in net inflows on Thursday. Bitwise accounted for $9.9 million, while Franklin Templeton reported $3.34 million in new investments. Total assets under management in XRP ETFs reached $1.17 billion, and total net investment in these products topped $1.53 billion.
IssuerNet InflowBitwise$9.9 millionFranklin Templeton$3.34 millionTotal US XRP ETF Market$13.24 millionPositive market sentiment was reflected in ongoing policy discussions in Washington. Ripple’s CEO, Brad Garlinghouse, and other crypto industry leaders attended Clarity Act discussions at the White House as regulatory debate intensified.
Ripple-backed Evernorth Holdings moved closer to completing its merger with Armada Acquisition Corporation II, aiming for a Nasdaq listing as institutional XRP ETF activity accelerates.
XRP price surges on rising activityXRP rose sharply in the past 24 hours, reaching about $1.37 with a 16% increase. Over the past week, CoinMarketCap reported a gain of 38% in XRP, mirroring the broader cryptocurrency market’s recovery.
Daily trading volume surged by 113.47% within 24 hours, reflecting intensified market interest and heightened trading activity as XRP’s price advanced.
XRP daily trading volume spiked more than 113%, signaling a significant uptick in buying and selling as the cryptocurrency rebounded strongly.
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.
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EX DeFi is attracting XRP holders seeking alternative income as regulatory optimism boosts interest in the digital asset.
Summary
Trump urges Congress to advance the CLARITY Act as Bitcoin tops $79,000 and XRP surges more than 40% amid regulatory optimism. EX DeFi promotes XRP cloud mining with automated computing power contracts, aiming to help holders generate passive income. EX DeFi says its platform combines cloud mining with multi-layer security, compliance measures, and support for major digital assets. Significant progress has been made regarding cryptocurrency regulation in the United States.
On August 19, U.S. President Trump met with representatives from the cryptocurrency and financial sectors at the White House and publicly urged Congress to accelerate the stalled “CLARITY Act.” Trump stated that the U.S. needs clearer, fairer regulatory rules for digital assets to maintain its competitiveness in cryptocurrency and financial innovation.
The meeting brought together representatives from the crypto industry — including Ripple, Coinbase, Robinhood, and Kraken — as well as heads of the SEC and CFTC, drawing further market attention to the future direction of U.S. digital asset regulation. This move has further boosted investor interest.
Driven by positive regulatory news, the cryptocurrency market has seen a significant rebound. As of today, Bitcoin has surpassed $79,000, while XRP surged more than 40% in a short period, emerging as one of the standout mainstream digital assets in this rally.
As the regulatory landscape potentially becomes clearer, more investors are refocusing on XRP’s long-term value. For XRP holders, beyond simply waiting for price appreciation, the question arises: how can one participate in XRP’s long-term gains in a more efficient and sustainable way? The EX DeFi cloud mining platform has emerged as a noteworthy option.
Positive regulatory factors boost XRP market sentiment Renewed market attention on the CLARITY Act serves as a key policy backdrop for the recent rebound in XRP prices.
The CLARITY Act aims to establish a clearer regulatory framework for the digital asset market and further define the respective regulatory responsibilities of the SEC and CFTC in this space. If the bill is ultimately approved, regulatory boundaries in the U.S. digital asset market are expected to become more distinct, thereby reducing some of the regulatory uncertainty faced by institutional investors entering the market.
This shift holds potential significance for XRP. A clearer regulatory environment could boost institutional investors’ willingness to allocate capital to digital assets and further drive the development of applications such as trading, payments, and asset tokenization.
Whale activity also a key indicator to watch for XRP’s rise Beyond regulatory policy, on-chain activity is another crucial component of current XRP price analysis. Recent on-chain data indicates that large XRP holders have been consistently increasing their positions over a short period; this accumulation by “whale” addresses has drawn significant market attention.
While the simultaneous occurrence of accumulation by large holders and a price rebound is a positive signal, it does not guarantee a sustained rise in XRP’s price. However, if the regulatory environment improves and institutional capital alongside on-chain demand continues to grow, XRP could attract even greater market interest in the future.
EX DeFi cloud mining platform: A new option for XRP investors To provide investors with a more convenient way to participate in the XRP ecosystem, EX DeFi has launched a cloud mining service powered by sustainable energy. Users do not need to purchase mining hardware or possess technical mining expertise; by simply selecting a computing power contract that suits their needs, they can generate stable daily returns and earn passive income.
In terms of operations, EX DeFi integrates hosting services, computing power management, and earnings settlement, utilizing automated systems to handle daily operations and profit distribution. For users who hold XRP long-term and wish to maximize the utility of their digital assets, this cloud mining model offers the potential for long-term compound growth while effectively mitigating the impact of short-term market volatility on returns.
About EX DeFi Headquartered in the UK, EX DeFi operates in compliance with European regulatory frameworks such as MiCA and MiFID II, while continuously enhancing platform transparency, operational standards, and user protection mechanisms.
The platform employs a multi-layered security architecture, featuring:
Annual financial and security compliance audits by PwC Digital asset custody insurance from Lloyd’s of London Cloudflare enterprise-grade network protection and McAfee® security systems Multi-layer encryption, AI-driven risk management, and 2FA verification EX DeFi currently supports a wide range of mainstream digital assets — including XRP, BTC, ETH, USDT, USDC, DOGE, LTC, and SOL — offering users a flexible and convenient service experience.
Affiliate program
EX DeFi offers an affiliate program that allows users to earn commissions of 3% + 2% (up to a maximum of $50,000) by inviting friends, enabling them to generate stable passive income without requiring an initial investment.
Get started with cloud mining in just four steps
1. Register an account
Sign up for a free account using an email address on the official EX DeFi platform to receive a $17 trial bonus.
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Deposit XRP or other cryptocurrencies into the account (minimum deposit: $100).
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Choose a cloud mining contract that fits a particular budget and timeframe, then start automated mining with a single click.
4. Start earning returns
Once the contract is activated, earnings are settled automatically every 24 hours. Users can choose to withdraw their earnings at any time or reinvest them for compound returns.
Click here to visit the official EX DeFi website and view more mining contracts.
Conclusion Trump’s public urging of Congress from the White House to advance the CLARITY Act has sent a new policy signal regarding US cryptocurrency regulation and reignited investor interest in mainstream digital assets like XRP. XRP’s recent strong rebound indicates that investors are reassessing the potential long-term impact of regulatory clarity.
For long-term XRP holders, exploring additional digital asset profit models via the EX DeFi cloud mining platform — while keeping an eye on policy and price fluctuations — can lay a solid foundation for long-term wealth accumulation.
XRP is already surging; join EX DeFi now to earn up to $10,000 in daily passive income using XRP holdings.
Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.
Ripple CEO Brad Garlinghouse has disclosed that Ripple’s business ecosystem processed $16 trillion in transactions last year, highlighting the growing scale of the company’s global financial operations. This figure reflects the combined transaction volume from newly acquired businesses that now operate under Ripple.
Major acquisitions drive transaction volumeGarlinghouse attributed Ripple’s $16 trillion transaction total to the integration of two acquisitions completed during the previous year. The company acquired Hidden Road, a non-bank prime broker responsible for approximately $3 trillion in cleared transactions, and G-Treasury, a treasury management software provider which processed $13 trillion in transaction activity.
Today, Ripple operates these entities as Ripple Prime and Ripple Treasury, forming the backbone of the company’s expanding business. Garlinghouse described the resulting combined transaction volume as similar in scale to the activity handled by large global payment processors such as Visa.
Both Ripple Prime and Ripple Treasury are currently experiencing what Garlinghouse described as record years, and the CEO expressed confidence that the overall volume will continue to climb. He stated that the company anticipates increasing financial activity as demand among corporate clients rises.
Ripple’s combined transaction flow through its acquired businesses reached $16 trillion last year, a figure Garlinghouse compared to Visa’s network scale. These segments are reporting record performance, further boosting Ripple’s expectations for transaction growth.
Mini dictionary: G-Treasury is a treasury and cash management software company that assists organizations in automating payments, managing liquidity, and optimizing financial workflows.
On-chain settlement remains limitedGarlinghouse drew attention to the relationship between the total transaction volume and blockchain settlement. He estimated that currently only about 0.1% of Ripple’s $16 trillion in transaction flow settles on-chain in stablecoins, XRP, or similar blockchain-based assets. Each additional 0.1% migrated on-chain could represent an estimated $160 billion in transaction activity.
Ripple’s CEO outlined a long-term goal to boost the share of transaction volume completed with blockchain-based settlement. He said this strategy aims to provide corporate clients with increased efficiency in terms of speed, cost, and transaction certainty.
Business UnitTransaction VolumeStatusRipple Prime (Hidden Road)$3 trillionActive, Record YearRipple Treasury (G-Treasury)$13 trillionActive, Record YearTotal Ripple Ecosystem$16 trillionGrowingCorporate demand for stablecoin solutions increasesGarlinghouse observed a recent uptick in outreach from chief financial officers and treasurers, who are now seeking information on blockchain settlement and stablecoin use cases. He explained that many of these inquiries originate from executives unsure how to unlock idle capital distributed across global subsidiaries.
According to Garlinghouse, Ripple has been asked to assist these organizations in maximizing global liquidity and improving operational flexibility by utilizing stablecoins and other blockchain technologies. This increasing attention from financial decision-makers points to broader adoption of blockchain within established corporate finance practices.
Executives are now turning to Ripple for guidance on how stablecoins and blockchain systems can help unlock trapped corporate capital and manage global liquidity more efficiently.
Emphasis shifts to real utility in the crypto sectorAddressing cryptocurrency market dynamics, Garlinghouse emphasized the importance of developing real-world utility, suggesting that industry sustainability relies on genuine use cases rather than speculation or meme coins.
He outlined how Ripple’s expansion into large-scale financial services positions the company to demonstrate tangible benefits for institutional clients, especially as more businesses explore blockchain-based settlement.
While most of Ripple’s activity currently remains off-chain, Garlinghouse believes the growing shift toward on-chain settlement could result in significant increases in blockchain transaction volume going forward.
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.
