A crypto analytics firm says large investors are boosting their stakes in Bitcoin, Ethereum and XRP, hinting that the prolonged market downturn could soon be over.
CryptoQuant’s new report, “Buying the Bear: A Signal of the Bear Market’s Final Stage” examines the recent accumulation by the largest wallets.
The firm says whales have stepped up positions across the key crypto assets, displaying buying activity that often marks the final phase of a bear market.
“Smart money is positioning across the majors.
Bitcoin whales are accumulating. Bitcoin whale holdings (excluding exchanges and mining pools) have risen through 2026 to roughly 3.06M BTC, with whales adding aggressively as price dipped below $60K in June — though still below the 2025 bull-cycle peak near 3.23M.
XRP whales are quietly positioning. Spot order sizes remain in “big whale” territory while price holds the $1.0–$1.2 range, yet 90-day taker CVD sits in a neutral phase — accumulation by absorption rather than aggressive market buying.
Large ETH holders are accumulating the bear market. The 10k–100k balance cohort has climbed to record highs near 19.6M ETH and the 100k+ balance mega-whales have added roughly 1.8M ETH since mid-2025 (about +70%), even as the smaller 1k–10k cohort keeps distributing — down ~2.7M ETH since January. Valuations are approaching the undervalued zone across the board. Bitcoin (~$64K) and XRP (~$1.1) trade near their realized prices ($52.9K and ~$0.75), while ETH (~$1,900) trades below its realized price of ~$2,450, near the lower band — historically late-bear-market zones.”
Although the firm believes the risk-reward in crypto markets has improved markedly, CryptoQuant warns further downside is always possible before a confirmed floor is reached.
XRP may already satisfy the requirements that are needed to be treated as a digital commodity under the proposed CLARITY Act, according to analyst Bill Morgan.
The lawyer has argued that the bill’s maturity framework goes beyond its 20% ownership threshold.
The comments come in response to concerns over whether XRP can qualify as a “mature blockchain system” under the aforementioned legislation.
HOT Stories
The CLARITY Act’s framework stipulates that no issuer or affiliated person beneficially owns 20% or more of a digital commodity. It also contains additional criteria pertaining to blockchain governance.
However, the lawyer pointed to alternative provisions that could be relevant to XRP.
The argument is that XRP could potentially satisfy this test because more than half of its total supply has been distributed outside Ripple and related parties.
If that interpretation is accepted, XRP Ledger could end up qualifying under the pre-existing-system provision.
There’s also a separate provision involving exchange-traded products. The Senate draft contains a cutoff for certain network tokens with ETFs on a national securities exchange. XRP could potentially benefit from this provision as well.
Finally, failing to qualify as a mature blockchain would not necessarily mean XRP itself becomes a security in every transaction.
The CLARITY Act distinguishes between a digital commodity and investment contracts involving that commodity. As a result, the regulatory treatment of a particular sale or offering can differ from the legal status of the underlying token itself. The legislation is designed to place qualifying digital commodities primarily under CFTC oversight.
card
Ripple’s directly held, operational XRP is roughly 4.7–4.8 billion XRP. The latest widely cited figure is about 4.74 billion XRP in Ripple-controlled wallets.
That said, more than 32 billion XRP remained in Ripple-controlled escrow.
The Clarity Act stumbles In the meantime, the Clarity Act recently faced a major setback.
As reported by U.Today, the Senate has postponed a floor vote on the much-talked-about legislation.
However, Justin Slaughter, Paradigm's vice president of regulatory affairs, recently opined that the bill was not dead just yet.
We will also take a look at XRP's price movements over the past week and some major predictions.
The spot exchange-traded funds tracking the sixth-largest cryptocurrency by market cap have recorded their fourth consecutive week in the green. However, there are certain warning signs that cannot be ignored.
Meanwhile, the native token’s price dipped toward a key support that has managed to hold… for now. Analysts weighed in on the asset’s potential ahead and what might come next.
XRP ETFs Still in the Green, but… During May and June, months in which the spot Bitcoin and Ethereum ETFs bled out heavily, often in the billions of dollars, the spot XRP counterparties managed to defy the overall slump. As we consistently reported, they recorded an impressive streak of nine consecutive weeks in the green, and even the one that was in the red and stopped it back in early May saw a very modest net outflow of $35,210.
July began on the wrong foot, as the first full week saw over $7 million in net withdrawals. However, the bulls returned in the following three weeks, pouring in $6.78 million, $8.15 million, and $14.86 million, respectively. Thus, the month ended with net inflows of $27.29 million.
While on the surface it appears as a major win, a deeper look shows the first warning sign: this was the second-weakest month in terms of net inflows since January this year. The beginning of August is also in the green, but there’s another warning shot – the actual inflows are a very modest $1 million. At the same time, both the BTC and ETH ETFs attracted over $1 billion combined.
Two out of the five trading days saw no reportable numbers ($0.00), while investors pulled out $3.58 million on Wednesday. The net inflows of $1.15 million on Monday and $3.45 million on Thursday managed to barely offset the losses.
XRP Dipped to Key Support The weak ETF data failed to help XRP during the week in terms of price action, and the asset felt the negative consequences of the delayed CLARITY Act voting in the US Senate. As reported on Friday, the token fell to $1.02, coming just inches away from dipping below the key $1.00 support.
You may also like: We Asked ChatGPT: Is XRP Doomed to Fall Below $1 After the CLARITY Act Delay? XRP Price Slides on CLARITY Delay as Analyst Flags Weak August Trend XRP Forms Long-Term Pattern With $27 Price Target: Analyst Nevertheless, analysts remain bullish on its future price performance. Some expect its ‘strongest price reversal’ if it manages to hold that support and reclaim the $1.05 level soon. Others outlined some massive targets for the next bull run of up to $50, which sound a bit far-fetched at the moment, admittedly.
A recent table highlighting the distribution of XRP holdings is sparking discussion across the cryptocurrency community, as many investors compare their individual balances to those held by other accounts.
Majority of Accounts Hold Small XRP BalancesThe table, compiled by crypto enthusiast Amanda, categorizes XRP accounts by the size of their balances. It reveals that a significant portion of accounts contain relatively small holdings. The largest group includes 1,296,232 accounts, each holding between zero and 20 XRP, which collectively amounts to about 16.51 million XRP.
Accounts with balances ranging from 20 to 500 XRP number 2,384,287, pooling together around 176.51 million XRP. As balance sizes increase, the count of accounts sharply declines. Specifically, 433,531 accounts fall within the 1,000 to 5,000 XRP range, and 129,998 accounts report holdings between 5,000 and 10,000 XRP. Only 58,977 accounts are recorded in the 25,000 to 50,000 XRP bracket.
At the upper end of the spectrum, just 131 accounts are positioned between 20 million and 100 million XRP, while an even smaller group—57 accounts—hold between 100 million and 500 million XRP.
Balance range (XRP)Number of accountsTotal XRP held0 – 201,296,23216.51 million20 – 5002,384,287176.51 million1,000 – 5,000433,531Not specified5,000 – 10,000129,998Not specified25,000 – 50,00058,977Not specified20 million – 100 million131Not specified100 million – 500 million5712.18 billion500 million – 1 billion2312.85 billion1 billion or more46.42 billionConcentration Among Top XRP HoldersThe most notable concentration occurs at the highest end of the scale. Four accounts each hold at least 1 billion XRP, making up approximately 6.42 billion tokens combined. An additional 23 accounts possess between 500 million and 1 billion XRP, totaling around 12.85 billion XRP. The 57 accounts in the 100 million to 500 million bracket collectively hold another 12.18 billion XRP.
These figures underscore the dramatic decrease in account numbers as balances rise, suggesting that while millions of accounts hold smaller sums, a select few control a significant share of the total XRP supply.
Mini dictionary: Amanda is an active figure in the XRP community who frequently shares data and insights related to token distribution and investor sentiment.
Amanda’s post generated a variety of responses from XRP holders, many of whom commented on their personal ranking within the distribution. One user referred directly to the 57 accounts holding 100 million to 500 million XRP, while another participant referenced the four largest accounts at the very top of the scale.
Some users interpreted the current distribution as an eventual opportunity for smaller holders, with one commenter suggesting that these rankings could shift positively in the future. Elsewhere, community members shared their specific rankings, underscoring the widespread interest in where individual XRP balances fit within the larger ecosystem.
Amanda’s table enables XRP investors to effectively compare their holdings to those of other accounts, offering insight into the unequal distribution across the network.
The data continues to raise questions about wealth concentration within the XRP network, with only a handful of accounts holding a sizable portion of the cryptocurrency’s total supply. Amanda’s prompt, “Where do you rank?”, has resonated with the community and brought renewed attention to ongoing conversations about asset distribution in digital currencies.
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.
In a major development in the past week, Version 3.3.0 of XRPLD, the reference server implementation of the XRP Ledger protocol, was launched.
The release introduced several new amendments including the first privacy amendment for the XRPL, ConfidentialTransfer: Privacy-preserving Multi-Purpose Token transfers (XLS-0096); BatchV1_1: Atomic batch transactions (XLS-56); DynamicMPT: Multi-Purpose Token properties that issuers can make permanently immutable (XLS-94); PermissionDelegationV1_1: Granular account permission delegation; Sponsor: Reserve and transaction sponsoring (XLS-68); fixCleanup3_3_0: a bundle of amendment-gated bug fixes.
You Might Also Like
HOT Stories
Alongside bug fixes and build improvements, the XRPL 3.3.0 release retired five amendments. The release retires the long-active Clawback, fixDisallowIncomingV1, fixInnerObjTemplate, fixNFTokenReserve, and fixUniversalNumber amendments, making them a permanent part of the XRPL protocol.
XRPL amendment retirement explainedIn a recent conversation on X, RippleX software engineer Mayukha Vadari explained what "amendment retirement" on the XRP Ledger means. This is essential to prevent the error of confusing it with the feature being retired.
Retiring an amendment means removing the pre-amendment code that still exists in the codebase for amendments that got activated a while ago (like Clawback). This is purely a codebase cleanup and won't affect any users.
We wait 2 years in case there's a need for the old code when…
— Mayukha Vadari (@msvadari) August 8, 2026 According to Vadari, retiring an amendment means removing the pre-amendment code that still exists in the codebase for amendments that were activated a while ago, for instance, Clawback. Vadari noted that this is purely a codebase cleanup and will not affect any users.
You Might Also Like
For instance, the Clawback amendment was activated on the XRP Ledger in February 2024, having been active for a long time before its retirement. Vadari explained why the team waits before retiring amendments rather than retiring them immediately after they are enabled.
The RippleX software engineer highlighted a wait of two years for most amendments in case there is a need for the old code when debugging old transactions.
XRPL amendments are new features or other changes to transaction processing. The amendment system uses the consensus process to approve any changes that affect transaction processing on the XRP Ledger.
Fully functional transaction processing changes are introduced as amendments; validators then vote on these changes. If an amendment gets more than 80% support for two weeks, the amendment passes, and the change applies permanently to all subsequent ledger versions.
Disabling a passed amendment requires a new amendment to do so, as well as bug fixes that change transaction processes.
XRP is drawing increased attention as large investors continue to accumulate the token near a critical resistance zone. On-chain analysis indicates that addresses known as whales have acquired more than 380 million XRP, reflecting growing confidence at current price points.
Buy signal flashes on monthly chartTechnical indicators are also hinting at a potential reversal. The Tom DeMark Sequential, a tool often used to spot upcoming trend shifts, has shown a buy signal on XRP’s monthly time frame. This indicator previously highlighted a significant rally in April 2020, when XRP surged over 1,000% after a similar signal appeared.
Currently, XRP is trading around $1.039. Analysts are closely observing whether a breakout is imminent, with the buy signal intensifying discussion about a possible bullish phase.
Resistance at $1.06 and whale activityOn-chain data reveals particularly high activity just below the $1.06 resistance, with nearly 3 billion XRP transacted at this level. If XRP secures a monthly close above $1.06, analysts believe price targets of $1.35 and possibly $1.64 become more attainable in the short-to-medium term.
Despite ongoing fear in the broader crypto sector, signs such as ongoing whale accumulation and the Tom DeMark Sequential buy signal are fuelling cautious optimism for XRP’s prospects.
With the market still dominated by fearful sentiment, the confluence of whale buying and a technical buy signal is weighing heavily on traders’ decisions, as they await signs of a sustainable move above resistance.
As the token continues to test the critical $1.06 threshold, the result may play a pivotal role in determining its next direction. At last check, XRP remained near $1.039, highlighting the uncertainty but also heightened interest among both short and long-term participants.
Tools for proactive market monitoringIn such fast-moving conditions, effective market monitoring becomes essential. Tools like CryptoAppsy, which requires no account creation hassle, combine portfolio management with real-time prices, multi-currency tracking, and advanced charting on a single platform. By enabling users to set custom price alerts, filter news for specific coins, and receive macroeconomic data like Federal Reserve interest rates, this all-in-one financial assistant can help traders seize timely opportunities and stay informed about critical developments, especially around key moments such as resistance tests in assets like XRP.
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 Cryptoinsightuk has indicated that XRP may face additional downside before finding a local bottom, estimating a possible 10–15% drop. In a recent analysis on X, the analyst highlighted concentrated liquidity sitting beneath the $1 mark, suggesting selling pressure could persist until that zone is absorbed.
XRP liquidity shifts as market tests key supportCryptoinsightuk reported that hourly liquidity is forming beneath XRP’s $1 level and pointed out an even greater accumulation on the daily timeframe further below. The analyst also noted a noticeable reduction of liquidity positioned above the current price, interpreting this as a potential sign that the market may aim for lower levels.
Based on the ongoing liquidity dynamics, Cryptoinsightuk believes XRP is nearing its lows but could experience another move down before stabilizing. A potential 10–15% slide is anticipated before the token finds support.
Cryptoinsightuk explained that dense liquidity below $1 on both the hourly and daily charts may draw XRP lower, adding that “lows could be close, maybe another 10–15% downside for the bottom here.”
The analysis centers on the structure of leveraged trades and their effect on liquidity pools, which the analyst characterized as a primary driver of sharp price swings in digital assets.
Mini dictionary: Liquidity pools: In trading, these are areas where many buy or sell orders or liquidation levels are clustered. When price reaches these pools, significant volumes can change hands quickly, causing notable price movement.
Leveraged trades and liquidation triggersCryptoinsightuk detailed how leveraged positions influence price action. Every leveraged position in the market has a specific price at which it is forcibly closed, known as the liquidation price. When many traders’ liquidation levels collect around the same point, this cluster forms a liquidity pool.
If price dips into a zone with concentrated long liquidations, a wave of forced selling often occurs as positions are closed. Conversely, if price rallies into an area loaded with short positions, liquidations can trigger forced buying.
Such synchronized liquidations tend to amplify market volatility, resulting in rapid moves either below established support or above resistance zones. While they can set the short-term direction, they do not dictate the longer-term trend for an asset like XRP.
Cryptoinsightuk stated that liquidity pools help shape the path XRP might take but do not determine its final destination, highlighting the need for traders to monitor how these zones influence short-term swings.
$0.88–$0.94 eyed as key liquidity zoneDiscussion among XRP traders on X has focused on the specific downside targets outlined by Cryptoinsightuk. Josh, another user, pinpointed $0.94 as a likely floor, while Cryptoinsightuk referenced the $0.88–$0.925 range as a critical area where most liquidity could be absorbed, adding that $0.94 would be within this region.
Support ZoneAnalyst ViewUser Consensus$0.88–$0.925Primary liquidity targetGeneral agreement$0.94Potential lowSome see this as likely bottomEzzycrypto commented that buy orders were already set within the lower liquidity area, anticipating a brief move or “wick” into the target zone. Cryptoinsightuk responded that such a move is likely and should soon be completed.
Another user, Corey, questioned why recent regulatory news, such as updates regarding the Clarity Act, had not already pushed XRP lower. Cryptoinsightuk concurred, reiterating that major moves are often linked to shifts in liquidity rather than immediate headlines.
Brice also participated in the discussion, observing that downside wicks typically result from the mass liquidation of leveraged positions concentrated near support levels.
The broader analysis points to the importance of watching liquidity beneath the current price as XRP navigates towards a possible local bottom. Cryptoinsightuk’s assessment suggests that traders should pay close attention to order flow and volatility in coming sessions.
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.
An attempt to expand the capabilities of XRP Ledger (XRPL) has sparked a heated technical debate in the crypto community. The discussion was triggered by a radical proposal to increase the limit of the transaction Memo field by 1,200 times, from the current 1 KB to approximately 1.3 MB.
Blockchain enthusiasts have already begun discussing the upgrade's "limitless potential," but some have called for a sober assessment of the risks.
You Might Also Like
HOT Stories
The authors of the idea, including Vet from the XRPL Foundation, want to allow users to embed files directly into the ledger. The new limit would make it possible to upload the following content in XRPL transactions:
Images and PDF documents;Music tracks and short video clips;Software source code and compressed archives.Promo infographic pushing to increase the XRPL memo limit 1200x for on-chain files, Source: X.comThe proposed change is justified by the principle of freedom of choice — if a network participant is prepared to pay the fee for storing their content, the protocol should provide that option.
Matt Hamilton pushes Filecoin alternativeThe initiative's main critic is Matt Hamilton, a former developer relations director at Ripple. Commenting on the proposal, he criticized the initiative and directly called the new expansion plan "a really bad idea."
The problem lies in XRPL's architecture. The blockchain operates as a distributed payment ledger, not a file-sharing service. For the network to remain secure and synchronized, every validator and node must store the entire transaction history.
If XRP Ledger users begin filling the ledger with large media files, the database will start growing exponentially, Hamilton warned.
Because every node has to store it forever. Really bad idea. Best use an actually storage network like Filecoin and have a way to link the two.
— Matt Hamilton (@HammerToe) August 9, 2026 This would significantly increase hardware requirements, make operating nodes too expensive for independent participants and, in the long term, threaten the network's decentralization.
You Might Also Like
Drawing on his experience developing blockchain protocols, Hamilton pointed to more efficient engineering approaches that already exist. Specialized decentralized data storage networks, such as Filecoin, are designed for large files.
According to the expert, this hybrid approach allows users to work with any type of media content while keeping XRP Ledger what it was originally designed to be: a fast, lightweight and scalable payment tool.
Version 3.3.0 of XRPLD, the reference server implementation for the XRP Ledger protocol, was released last week, marking a key milestone for the network. This update introduces a series of bug fixes and improvements, as well as the retirement of five longstanding amendments.
Five amendments retired and integratedThe new release makes permanent the Clawback, fixDisallowIncomingV1, fixInnerObjTemplate, fixNFTokenReserve, and fixUniversalNumber amendments. With their retirement, these functionalities become full and unchangeable parts of the XRP Ledger protocol.
Mayukha Vadari, a software engineer at RippleX, provided insights into the process, explaining that the retirement of an amendment differs from removing a feature. Instead, this involves deleting the pre-amendment code left in the codebase after an amendment has been active for some time.
Removing pre-amendment code is a necessary part of maintaining the codebase and does not affect user experience or existing XRPL functionality.
Vadari stated that, for example, the Clawback amendment has been active since February 2024 and was only retired after a considerable period to ensure no disruption for users or developers.
Why XRP Ledger amendments are retiredThe amendment retirement process is not immediate. Vadari noted that the development team typically waits about two years before removing old, pre-amendment code, in case it is needed for debugging past transactions or resolving historic technical issues.
The goal is to keep the codebase clean while preserving enough data for troubleshooting. This approach minimizes risks for network participants while supporting ongoing development.
Mini dictionary: RippleX, the software and developer platform division of Ripple, focuses on advancing the XRP Ledger ecosystem and supporting developers building applications on XRPL.
How amendments are introduced and passedThe XRP Ledger uses an amendment system to manage and implement protocol changes. Amendments are introduced as new features or updates to how transactions are processed. Each proposed amendment must pass the network’s consensus process, requiring validators to review and vote on changes.
If any amendment gains at least 80% validator support for a period of two weeks, it becomes an integral part of the XRPL protocol from that point forward. These measures ensure that updates have broad support and that the network remains stable and secure.
AmendmentStatusDate ActivatedClawbackRetired (permanent)February 2024fixDisallowIncomingV1Retired (permanent)Not specifiedfixInnerObjTemplateRetired (permanent)Not specifiedfixNFTokenReserveRetired (permanent)Not specifiedfixUniversalNumberRetired (permanent)Not specifiedUndoing an amendment that has already passed is only possible through the proposal and acceptance of a new amendment, which must also undergo the full approval process. This ensures continuity and the integrity of transaction processing across the XRP Ledger.
Fully functional protocol updates on XRPL must pass consensus, and once integrated, disabling them requires a separate amendment and approval from the validator network.
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 proposal to increase the transaction Memo field limit on the XRP Ledger (XRPL) from 1 KB to about 1.3 MB has ignited a lively debate among blockchain developers and users. This planned expansion, which represents a more than thousandfold increase, seeks to open new possibilities for embedding various types of content directly within XRPL transactions.
Push for major upgrade sparks excitement and concernThe proposal was introduced by several contributors, including Vet of the XRPL Foundation, a nonprofit organization dedicated to advancing the XRP Ledger ecosystem. Advocates believe the expanded Memo field would allow blockchain users to upload diverse files such as music tracks, short video clips, software source code, and compressed archives within individual XRPL transactions.
Supporters claim this enhancement aligns with the decentralization ethos of XRPL. They argue that if network participants are willing to pay the necessary transaction fees, they should have the choice to store any type of content on the blockchain.
Despite the enthusiasm, some members of the blockchain community have urged caution, with experts warning of potential technical challenges and risks.
Technical objections and warnings from industry expertsMatt Hamilton, a former director of developer relations at Ripple, has emerged as a prominent critic of the proposal. Pointing to the fundamental architecture of XRPL, he described the expansion as “a really bad idea” and emphasized that the ledger was designed to function as a distributed payment system rather than a file-sharing platform.
Hamilton underscored that every validator and node on the XRPL must store the complete transaction history, so embedding large files could result in exponential growth of the blockchain’s database.
Hamilton cautioned that increased database size would sharply raise hardware requirements, making it costly for independent operators to maintain nodes. Over time, this could reduce network participation and undermine XRPL’s decentralization.
He recommended considering alternative methods for storing large data on decentralized networks. Hamilton referenced systems like Filecoin, which specialize in decentralized storage of large files, as a more practical solution.
According to Hamilton, integrating dedicated storage protocols while preserving XRPL’s core design would allow users to utilize multimedia content without burdening the ledger or compromising its efficiency.
Mini dictionary: Filecoin, a decentralized storage network that enables users to store and retrieve data using blockchain technology, incentivizing participants with its native FIL token for providing storage capacity.
Calls for careful consideration as debate continuesWhile some see the larger Memo field as an opportunity to expand XRPL’s functionality, critics maintain that the potential risks to scalability, decentralization, and cost should not be ignored.
The ongoing discussion highlights a recurring theme in blockchain development: balancing expanded capabilities with network performance and security.
No final decision on the proposal has been reached yet, as the XRPL developer community continues to examine the consequences and feasibility of making such a significant change to the network’s data storage limits.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
XRP Ledger developers have retired five long active protocol amendments in xrpld version 3.3.0, but the move does not remove their features or require XRP holders to take action.
Summary
XRPL 3.3.0 retires five long-active amendments, making their post-activation behavior permanent within the core protocol. Clawback remains available after retirement because only obsolete pre-amendment code is removed from xrpld software. XRPL documentation allows amendment retirement after two years of Mainnet activation to reduce legacy complexity. Six new amendments entered version 3.3.0, but each still requires validator approval before Mainnet activation. Node operators should upgrade to version 3.3.0 promptly, while users face no retirement-related action required. RippleX software engineer Mayukha Vadari explained on X that retirement removes old pre-amendment code left behind after a protocol change has operated for years. The amended behavior itself stays in place. Official XRPL documentation confirms that retired amendments become unconditional parts of the core protocol.
Retiring an amendment means removing the pre-amendment code that still exists in the codebase for amendments that got activated a while ago (like Clawback). This is purely a codebase cleanup and won't affect any users.
We wait 2 years in case there's a need for the old code when…
— Mayukha Vadari (@msvadari) August 8, 2026 The distinction became important after the Aug. 6 release of xrpld 3.3.0, which retired Clawback, fixDisallowIncomingV1, fixInnerObjTemplate, fixNFTokenReserve and fixUniversalNumber. In other words, “retiring Clawback” does not mean XRP Ledger issuers lose clawback functionality. The network is instead dropping the older code path that described how transactions behaved before the amendment became active.
XRP Ledger retirement makes old rules permanent The XRP Ledger amendment system allows protocol changes to be introduced without immediately forcing every new rule onto Mainnet. Validators vote on amendments, and a proposal must maintain support from more than 80% of trusted validators for two continuous weeks before it becomes active. Once enabled, the new behavior applies permanently unless another amendment later changes it.
During the period after activation, xrpld keeps both the current logic and some pre-amendment code. That legacy code can help developers reproduce old ledger behavior when debugging or verifying historical transactions. However, keeping years of obsolete branches also adds complexity to the codebase.
The official amendment documentation says a Mainnet amendment can be retired once it has been enabled for two years. Retirement removes its old code path, stops treating the change as a conditional amendment and incorporates the newer behavior into the protocol unconditionally.
Vadari described the process as “purely a codebase cleanup” and said it “won’t affect any users.” She added that developers generally wait two years because the previous implementation can still be useful when debugging older transactions. XRPL’s own testing documentation similarly warns that historically accurate transaction replay may require running the xrpld version that originally processed the transaction after old amendments have been retired.
Clawback is not being removed from XRPL Clawback is the most recognizable of the five retired amendments and the easiest to misinterpret. The feature became active on Mainnet on Feb. 8, 2024 and allows qualifying issuers to recover issued tokens from holders when the issuing account has enabled the required clawback setting. It does not allow an issuer to claw back native XRP.
Retiring the amendment therefore means the network no longer needs code for a version of XRPL where Clawback did not exist. Current Clawback behavior remains part of the protocol. The XRPL known amendments page now explicitly marks its pre-amendment functionality as retired.
The other four retirements follow the same principle. fixDisallowIncomingV1 corrected a trust line authorization issue. fixInnerObjTemplate addressed errors involving inner AMM objects. fixNFTokenReserve added reserve checks when NFT offers are accepted, while fixUniversalNumber unified parts of XRPL’s decimal floating point calculations. Their post-amendment rules remain in effect even though the older paths are being removed.
This is not a new governance mechanism. XRPL has retired earlier amendments after their rules became sufficiently established. Version 3.2.0, for example, retired older changes covering Checks, Deposit Authorization, account deletion and other protocol functions.
Version 3.3.0 also starts a new amendment cycle While five old amendments are leaving conditional status, version 3.3.0 adds six new proposals to xrpld. They are BatchV1_1, ConfidentialTransfer, DynamicMPT, PermissionDelegationV1_1, Sponsor and fixCleanup3_3_0. Their inclusion in the software does not mean those capabilities are already active on Mainnet.
As crypto.news reported, ConfidentialTransfer would support privacy preserving Multi-Purpose Token transfers, while BatchV1_1 would allow an account to submit as many as eight inner transactions together. Sponsor would allow third parties to cover fees and reserve requirements, while DynamicMPT would provide more flexibility over selected token properties.
Each proposal must still clear XRPL’s validator process independently. More than 80% support must persist for two weeks before an amendment activates, and support can fall below the threshold and reset the timer.
The difference between these new amendments and the five retired ones is therefore substantial. The new proposals are awaiting network approval. The retired amendments already passed that stage years ago, became established network behavior and have now reached the point where maintaining their older code is no longer considered necessary.
What happens next for XRPL operators For ordinary XRP holders, no migration, wallet update or transaction is required specifically because the five amendments were retired. Clawback and the other affected protocol behaviors continue operating under the established rules.
Server operators have a different consideration. The XRPL 3.3.0 release notice tells operators to upgrade to version 3.3.0 as soon as possible to maintain service continuity. Staying current is also important because servers need software containing the code for amendments that may later become active. A server lacking an activated amendment can become amendment blocked and stop participating normally in the network.
In related coverage, that mechanism was demonstrated in July when activation of fixCleanup3_2_0 left nodes running older incompatible versions amendment blocked.
Attention now shifts from the retired amendments to validator decisions around the six additions in version 3.3.0. As previously reported, ConfidentialTransfer is among the proposals aimed at expanding XRPL’s tools for institutional tokenized assets, but its use still depends on validator approval.
For the five retired amendments, however, there is no comparable vote ahead. Retirement marks the end of their transition period rather than the end of their functionality: the amended rules are now simply part of XRP Ledger’s permanent core behavior.
XRP price hovered at $1.059 on Sunday after holding above the crucial $1.00 psychological support level.
The XRP price traded around 1.8% higher, although weekly performance remained negative following recent selling pressure.
Its recovery reflects improving cryptocurrency sentiment as Bitcoin reclaimed $65,000 and ETH price remained above $1,900.
CLARITY Act Faces Key September 15 Test The Senate could hold its earliest procedural vote on the CLARITY Act on September 15. Nonetheless, that date has not been confirmed as a passage vote by the lawmakers. Senate Majority Leader John Thune placed the legislation in line as lawmakers went on recess in August.
The measure needs 60 Senate votes, requiring support from several Democrats. The conflict with the provisions of ethics and decentralized finance insurance is still a challenge. Such divisions would precondition market expectations before senators come back.
The law aims at establishing more explicit oversight boundaries between the Securities and Exchange Commission and Commodity Futures Trading Commission. The increased predictability of regulation may favor XRP especially since its history is still closely linked to American securities enforcement.
Grayscale research chief Zach Pandl added that the 2026 prospects of the CLARITY Act are dimmed by election-year politics and the Senate calendar. Bitcoin and stablecoin increase could persist anyway. Nonetheless, without expanded regulations, investment and blockchain creation may further leave the United States.
Grayscale: CLARITY Act Unlikely to Pass This Year, but Crypto Can Still Move Forward
Grayscale Head of Research Zach Pandl said the chances of the CLARITY Act passing this year now appear low due to the Senate calendar and election-year politics. He argued that failure to pass… pic.twitter.com/PGcIcYemjt
— Wu Blockchain (@WuBlockchain) August 9, 2026
XRP Price Outlook An effective procedural vote can enhance trust and assist XRP price to break $1.08 and $1.12. Any long term progress to $1.18 would require strong trading volume. Wider strength in Bitcoin and other key assets may also facilitate such a case.
XRP/USDT 4-hour chart: TradingView The inability to move the measure forward may be a disappointment to traders who were hoping to see a move in regulation. XRP price may then retest $1.00, with $0.95 becoming the next downside target. Uncertainty may further be prolonged by political delays up to the midterm election.
The direction of XRP in September will thus rely on legislative progress and technical verification.
XRP ETF Assets Approach $1 Billion While Daily Flows Remain Flat The XRP exchange-traded funds saw no net inflows on August 7, which left combined historical inflows at 1.51 billion.
Total assets reached $953.19 million, representing nearly 1.49% of XRP’s overall market capitalization.
Sosovalue data Bitwise’s XRP fund led the market with $303.40 million in assets. The XRPZ of Franklin came next with 245.36 million. Canary, XRPC, had $237.38 million, and 21Shares and Grayscale controlled smaller amounts.
Joint trading amounted to 15.79 million. Bitwise recorded the highest daily trading value at $8.13 million.During the session, all five funds were lower. Their daily losses ranged between 1.09% and 1.30%.
Cryptocurrency analyst ChartNerd is projecting a gradual shift in the XRP price cycle following the conclusion of the current bear market. He anticipates that, before any potential long-term breakout, XRP is likely to experience another extended accumulation period as part of its established market pattern.
XRP’s historical accumulation patternChartNerd’s analysis traces XRP price history from 2014 onwards, highlighting multiple phases where the asset trended sideways before moving into a fresh rally. Notably, periods between 2015 and 2017, as well as 2018 to 2020, displayed multi-year accumulation zones, each eventually preceding a significant price surge.
Another extended consolidation emerged from roughly 2021 to 2023. According to ChartNerd’s charts, these accumulations often concluded with what he labels a “spring” event, in which prices briefly dip before reversing into a new advance. Most recently, the asset advanced beyond $3 in late 2024 after another accumulation phase.
These repetitive phases reinforce ChartNerd’s expectation that, after the current downturn, XRP will likely follow the same cyclical structure, setting the base for a future move but requiring substantial patience from investors.
The current XRP setupXRP has experienced a prolonged decline in recent months. ChartNerd’s current outlook is informed by the asset’s retreat from its 2024 highs, suggesting the setup is in line with previous patterns where a downturn was followed by lengthy consolidation before a major move.
The analysis projects that XRP could maintain a range-bound trajectory extending toward 2027, providing a foundation for eventual repricing. This view emphasizes that any significant next move for XRP will likely not be immediate, instead requiring an extended period of consistent market development.
Patience could define the next cycleRather than proposing short-term targets, ChartNerd suggests that patience will be critical for XRP investors throughout the upcoming cycle. His core message is to focus on the long-term opportunities presented by recurring accumulation periods in XRP’s historical structure.
Once this bear market passes, the next XRP phase will more than likely be an accumulation range that will set up the higher time frame repricing in the coming years. Paytience.
Many long-term investors are drawn to these structures, where previous cycles have offered significant rewards to those willing to tolerate consolidation periods and avoid short-term speculation.
As traders monitor for signs of a potential spring event or a shift in momentum, crypto portfolio tools have become increasingly relevant. CryptoAppsy, which requires no account setup, offers investors real-time prices, charting capabilities, portfolio tracking in multiple currencies, and customizable smart price alerts. With integrated news filtering, timely discovery of listed altcoins, and access to data such as Federal Reserve interest rates, users can remain proactive in capturing market opportunities and responding to macroeconomic events that often influence digital asset cycles.
Ultimately, ChartNerd’s analysis underscores that recurring accumulation phases have historically defined XRP’s path before stronger repricing. While there is no set timeline for when XRP will break from its next consolidation period, history suggests that patient positioning could play a pivotal role in realizing potential upside during future cycles.
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 continues to trade below its key monthly 20 exponential moving average (EMA), a level that chart analyst ChartNerd described as pivotal earlier this year. While the 20-month EMA now stands near $1.54, XRP is trading around $1.04, marking a pronounced decline from the start of the year.
ChartNerd’s January alert shapes sentimentIn January, ChartNerd emphasized that XRP needed to close the month above $1.91, the monthly 20 EMA at the time. Historically, monthly closes below this indicator have suggested further downside during macro uptrends.
XRP failed to achieve that close, leading to intensified selling pressure and pushing prices sharply lower. The asset has since remained under the 20-month EMA, which continues to act as a central technical barrier for the market.
Never ignore the 20 month EMA. Whether breaking above or below, this level often shapes the next trend.
Current charts indicate the 20-month EMA is still positioned well above XRP’s price, highlighting its ongoing significance for traders and market observers.
June sees accelerated XRP selloffXRP’s decline accelerated in June, with a sharp move downward concentrated in the early part of the month. This additional selling drove XRP towards $1.04, where the price has since stabilized in a narrow trading range. Several recent monthly candles reflect this period of compression as XRP consolidates near current levels.
Simultaneously, the 20-month EMA has continued trending lower, further increasing the distance between the average and current price.
For traders, these technical dynamics suggest that chart monitoring remains critical for anticipating potential breakout scenarios. In parallel to closely watched technical levels, market participants have shown increasing interest in tools that bridge the gap between traditional and digital assets. 1stepSwap, for example, facilitates direct access to shares of major U.S. companies and commodities like gold and silver, with trades executed through users’ wallets and at the best available prices in real time—enabling portfolio diversification without reliance on intermediaries.
EMA at $1.54 remains the key targetTo signal a meaningful recovery, XRP would need to post a monthly close above the 20-month EMA, now set at approximately $1.54. This would mark a key structural shift after an extended period below the indicator.
Until such a move occurs, technical traders are fixated on the gap between XRP’s current price and the 20-month EMA. Several analysts anticipate the possibility of further declines before the trend reverses, while others watch for signs of regained momentum if the indicator is reclaimed.
XRP has maintained support above $1 for over 600 days, but momentum must build soon for the uptrend to remain intact.
A confirmed monthly close above the EMA would reinforce XRP’s price structure and could shift sentiment decisively. For now, the 20-month average remains the most closely monitored level on the chart as the market awaits a potential catalyst for the next major move.
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.
Spot ETFs linked to XRP have just recorded a fourth positive week. This dynamic contrasts with several more cautious signals that have recently appeared in the market. After a July marked by net inflows, flows slow sharply at the beginning of August. At the same time, the token price has approached an important support at 1 dollar. Investors are now monitoring the strength of this level, as analysts consider several scenarios for the next step.
In brief XRP ETFs record a fourth consecutive week of gains. July ended with 27.29 million dollars of net inflows. Flows slow early August, with only about 1 million dollars of inflows. XRP price fell back to 1.02 dollars, close to the key support of 1 dollar. XRP ETFs extend their positive streak In May and June, Bitcoin and Ethereum spot ETFs recorded heavy outflows, sometimes amounting to several billion dollars. However, products linked to XRP resisted this general trend better. They had then aligned nine consecutive weeks of gains, despite only one negative week marked by a limited net outflow of 35,210 dollars, according to a CryptoPotato report.
July then started under pressure, with more than 7 million dollars of net withdrawals during the first full week. Yet investors returned in the following three weeks. Inflows reached 6.78 million, 8.15 million, and then 14.86 million dollars. In total, ETFs finished July with a net inflow of 27.29 million dollars.
Flows slow at the start of August Despite this monthly performance, recent data calls for more caution. July represents the second weakest month for net inflows since January for the ETFs concerned. The beginning of August remains positive, but amounts remain modest with about one million dollars of actual inflows.
This evolution strongly contrasts with the combined performance of Bitcoin and Ethereum ETFs, which attracted more than a billion dollars. Over the five sessions observed, two recorded no flows. On Wednesday, investors withdrew 3.58 million dollars, while inflows of 1.15 million on Monday and 3.45 million on Thursday only compensated partially for the outflows.
Price returns to test a key support At the same time, the XRP price declined this week and approached a major technical level. The token fell to 1.04 dollars at the time of writing, very close to the support at 1 dollar. This drop comes as the vote on the CLARITY Act in the U.S. Senate was postponed, adding further pressure on the market.
Despite this setback, some analyses maintain a positive outlook for what lies ahead. According to their scenario, maintaining above 1 dollar could support a strong reversal. The rapid regain of 1.05 dollars is also a level watched to confirm this hypothesis. Other projections even mention a target of 50 dollars during a next bullish phase, but this perspective remains very ambitious at this stage.
The next development will therefore depend on the support’s ability to hold and the resumption of flows. If inflows remain weak, the progress could lack sustainable support. Conversely, a clearer return of capital and a break above 1.05 dollars would strengthen the recovery scenario. For now, the available data mainly shows a market divided between the resilience of XRP ETFs and price weakness.
Maximize your Cointribune experience with our "Read to Earn" program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.
Join the program
A
A
Lien copié
Ghiles A.
Journaliste et rédacteur web passionné par l’univers des cryptomonnaies et des technologies Web3. J’y traite les dernières tendances et actualités afin de proposer un contenu de haute qualité à un large public du secteur.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
Wall Street’s attention to digital assets sometimes emerges subtly, through consistent mentions in critical industry discussions before reaching broader recognition. Recently, Digital Asset Investor drew focus to XRP after referencing a JP Morgan warning that carries considerable weight in the current market climate.
JP Morgan flags market shift risk for HYPEJP Morgan analysts have warned that the HYPE token, issued by Hyperliquid, may see a decline in market share, citing the increasing prominence of Solana and XRP. The bank’s cautionary note followed a period of record ETF inflows that lost momentum in May and June. Digital Asset Investor emphasized the significance of XRP’s growing reputation as it appears more frequently in Wall Street discourse.
JP Morgan’s latest review positions XRP in direct competition with Solana, highlighting the potential for HYPE to lose traction if current trends persist and power shifts within the digital asset landscape accelerate.
The analysis suggests that as Wall Street’s focus develops, projects like XRP stand to benefit from broader market re-evaluations, particularly with current ETF activity slowing and investor attention shifting.
The XRP Ledger’s expansion in real-world asset tokenizationThe growing relevance of XRP is not merely speculative. Since January, the total value of tokenized real-world assets on the XRP Ledger has reached $4.4 billion, marking a 389.9% increase. This surge offers institutional participants tangible data points beyond price movements, according to analysts following the sector.
Tokenization of real assets on the XRP Ledger continues to draw institutional interest. The ongoing shift is steering XRP into infrastructure-level conversations within top financial circles. Integrating technical market tracking tools has become essential for investors aiming to react promptly to large-scale changes. In this context, platforms like CryptoAppsy, which requires no account creation hassle, combine crypto portfolios with real-time prices, advanced charts, and multi-currency management on a single screen. With smart price alerts, curated coin news, rapid altcoin discovery, and instant macroeconomic data such as Fed rates, CryptoAppsy helps investors maintain an edge amid evolving market conditions.
Settlement dynamics and the evolving global financial landscapeBlack Swan Capital analysts recently outlined a structural perspective on XRP, focusing on settlement demand within global finance. Historically, the US dollar’s dominance stemmed from its role as the primary asset in international settlements. However, with rising costs and shifting geopolitical considerations, the landscape is becoming increasingly multipolar.
The analysts explained that XRP is positioned at the intersection where settlement demand is migrating. As automated agents and emerging technologies select settlement solutions that optimize for speed and efficiency, XRP’s transaction characteristics become notably attractive for cross-border flows.
While the thesis does not anticipate XRP replacing the dollar as a reserve currency, it posits that XRP could absorb a larger share of the global settlement market, ultimately impacting its valuation as transactional demand rises.
Black Swan Capital’s view suggests that XRP, owing to its operational advantages, could capture significant settlement flows as automation drives a shift in the mechanics of international transactions.
Regulatory updates: The CLARITY ActOn the legislative front, Senate Majority Leader John Thune confirmed the CLARITY Act is scheduled for Senate review in September. Thune filed cloture on the legislation, while Senator Cynthia Loomis, a leading bill sponsor, reiterated her commitment by stating, “we’ve come too far to quit now.”
Market observers suggest that delays in passing the legislation may affect US venture activity more than pricing in digital assets directly. Nonetheless, JP Morgan’s mention of XRP alongside Solana in a market share caution indicates increasing institutional acknowledgment, adding XRP to risk frameworks used by major banks tracking the digital asset 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 already dipped after the news went viral, but is the actual impact coming next?
The delay of the US CLARITY Act announced at the end of the business week harmed several altcoins, but XRP’s price dipped the most among the larger caps.
BTC and ETH managed to hold support on Friday, remaining above or at key milestones at $64,000 and $1,900. XRP, on the other hand, slipped to just over $1. That’s why we decided to ask ChatGPT for its analysis of the matter and whether Ripple’s token will continue to face adverse consequences.
Why Such a Reaction, XRP? The answer to whether the token will inevitably crash below $1, according to the popular AI solution, was “not necessarily, but the risk has increased.” It explained that the cross-border altcoin has become uniquely tied to US regulatory developments, dating back to the beginning of the lawsuit against the SEC nearly six years ago.
Unlike bitcoin, which has institutional and ETF demand, or Ethereum, which benefits from tokenization, stablecoins, and treasury accumulation from companies like Bitmine, much of XRP’s bullish narrative over the past few years has centered on regulatory clarity.
Passage of the CLARITY Act would likely cement its commodity status in federal law and provide greater certainty for banks, institutions, and ETF issuers. In contrast, delaying the process postpones those potential inflows rather than eliminating them.
OpenAI’s solution pointed out that XRP had historically rallied aggressively on regulatory optimism earlier in the cycle, making it more vulnerable to disappointment when the catalyst faded. Certain analysts agree with the thesis that XRP could indeed slip below $1 soon, but they believe this would open the door for a more profound rally.
Is Sub-$1 Inevitable? Again, ChatGPT doesn’t believe this is the most probable scenario; instead, it thinks XRP has several catalysts that could prevent such a move. Perhaps the most significant support comes from the company behind the token and its substantial expansion experienced over the past few years, which included major partnerships, acquisitions, and regulatory wins, albeit in other jurisdictions.
You may also like: CLARITY Act Gets September 15 Senate Vote as Thune Forces the Issue ‘Bitcoin Doesn’t Need CLARITY:’ Michael Saylor Responds to Bill’s Delay XRP Price Slides on CLARITY Delay as Analyst Flags Weak August Trend The AI also noted that markets tend to overreact to legislative delays – after all, it doesn’t necessarily mean the bill will fail. If investors begin pricing in eventual approval rather than focusing solely on timing, Ripple’s token could stabilize before Washington returns in September.
Nevertheless, it didn’t completely rule out a dip below $1.00, especially if the broader crypto sentiment deteriorates and BTC loses key support. In addition, macroeconomic news or war escalation can trigger another leg down, and both of those factors are outside the scope of the regulatory delay.
Ripple has positioned itself ahead of ongoing US legislative changes by accumulating more than 50 money transmitter licenses, surpassing the requirements set out in the proposed PACE Act. Crypto researcher SMQKE asserted on X that Ripple, the payments technology company best known for developing the XRP Ledger, already fulfills the stringent criteria lawmakers aim to enforce for firms seeking direct access to Federal Reserve payment systems.
PACE Act sets high thresholdThe Payment Access to Cryptocurrency Entities (PACE) Act aims to provide a regulatory framework for digital asset companies connecting directly to Federal Reserve rails such as Fedwire, FedNow, and FedACH, without the need for a traditional bank charter. Under the bill, applicants must secure money transmitter licenses in at least 40 states, establish one-to-one reserves, comply with the Bank Secrecy Act, and register as a “covered provider” with the Office of the Comptroller of the Currency (OCC).
SMQKE emphasized that Ripple holds licensing in more than 50 states, including in New York and Texas. New York’s BitLicense is among the strictest licensing regimes for digital asset service providers and is widely regarded as a benchmark for robust compliance across the US. Companies holding the BitLicense generally face fewer obstacles obtaining similar approvals elsewhere.
Ripple’s portfolio of over 50 licenses means it already exceeds the bar set by the PACE Act, including recognition in New York and Texas, which are known for rigorous oversight.
Ripple’s licensing approach was designed to satisfy both federal and state requirements, which SMQKE argues enables the company to rapidly respond to regulatory changes if the bill passes.
Mini dictionary: PACE Act, US legislative proposal setting requirements for crypto companies to gain direct access to key Federal Reserve payment systems, including Fedwire and FedNow, by mandating extensive state-level licensing and compliance standards.
Messaging standards drive potential integrationA key technical factor supporting Ripple’s eligibility is its adoption of ISO 20022, a global banking format that standardizes data-rich messaging between payment systems. Both FedNow, the Federal Reserve’s instant payment platform, and the XRP Ledger utilize ISO 20022, which could allow for smooth interoperability between the two networks. According to SMQKE, this alignment streamlines the integration process, removing the main barrier for disparate financial systems to communicate in real time.
A payment system designed natively on ISO 20022 not only enables seamless data transfer but also processes transactions 24/7, making it align closely with FedNow’s expectations.
Traditional banking infrastructure frequently relies on older data formats that can limit transaction detail and delay processing through scheduled batch cycles. An ISO 20022-native blockchain bypasses these constraints, delivering truly real-time settlement capacities required by updated federal systems.
Mini dictionary: ISO 20022, an international standard for exchanging electronic messages between financial institutions, allowing for richer payment data and improved interoperability across different systems.
XRPL matches instant payment speedsFedNow is engineered to settle payments within seconds, setting a high bar for any network seeking integration. SMQKE highlighted that the XRP Ledger, Ripple’s decentralized blockchain network, is capable of millisecond-level settlements, matching the real-time expectations of the Federal Reserve’s instant payment rails.
This performance metric has become an essential consideration as federal infrastructure modernizes. Blockchain projects hoping to participate must provide transaction finality at speeds comparable to existing systems.
SystemSettlement SpeedMessaging StandardFedNowSecondsISO 20022XRP LedgerMillisecondsISO 20022PACE Act’s uncertain futureAlthough the PACE Act has bipartisan support and industry backing, it remains a bill in progress in Congress. Companies like Ripple, already compliant with the proposed standards, are likely to have an operational advantage if the legislation is enacted. However, the ultimate decision on any connection to Federal Reserve rails will require OCC approval and final passage through the legislative process.
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.
TLDR: XRP holds near $1 as analysts watch whether the token can defend its key monthly support. EGRAG Crypto sees $1.35 as the first structural hurdle and $1.80 as the major macro trigger. Crypto Patel expects XRP could revisit $0.85 to $0.65 before establishing a stronger accumulation setup. CoinGecko data shows XRP gained 0.59% daily while remaining down 3.87% across the past week. XRP is showing early signs of a possible macro bottom, but key price levels still need confirmation. EGRAG Crypto identified $1.00 as a critical support zone for the monthly chart.
Crypto Patel expects XRP could fall further toward a $0.85 to $0.65 accumulation area. CoinGecko data shows XRP trading near $1.04 after losing 3.87% over the past seven days.
XRP Price Holds Near $1 as Macro Support Draws Focus EGRAG Crypto said XRP’s monthly structure now shows characteristics associated with a potential bear-market bottom. However, the analyst stressed that the signal does not confirm a reversal.
#XRP – THE MACRO BOTTOM IS SIGNALING 🚦:$XRP on the monthly timeframe is starting to show characteristics of a potential bear-market bottom.
📒But remember: SIGNAL ≠ CONFIRMATION.
🟡Here’s my roadmap:
👉$1.00 → Bottoming Battlefield
👉 $XRP must defend this region.… pic.twitter.com/5MXAXzB4GS
— EGRAG CRYPTO (@egragcrypto) August 8, 2026
The $1.00 level remains central to that outlook. EGRAG Crypto said XRP needs to defend the area, while sustained monthly acceptance below it could expose $0.70 to $0.80.
The current price leaves XRP only slightly above that threshold. CoinGecko data puts XRP at $1.04, with daily trading volume reaching $622.06 million.
XRP gained 0.59% over 24 hours, according to CoinGecko, but the token remains down 3.87% over the week. The figures show continued short-term weakness despite the latest daily gain.
EGRAG Crypto also identified $1.35 as the first major structural test. A monthly close above that level could indicate that bearish control has weakened.
The analyst placed the next major threshold at $1.80 to $1.82. A decisive monthly close above that range would mark a broader change in the macro structure.
XRP price on CoinGecko XRP Technical Outlook Points to Lower Accumulation Zone Crypto Patel offered a more defensive outlook for XRP’s current price structure. The analyst pointed to a macro accumulation zone between $0.85 and $0.65.
Patel said XRP had already declined 72% from its cycle top. The analyst also measured a 52% decline from the confirmed breakdown level.
That decline followed a bearish XRP analysis published by Patel in July 2025. The analysis warned that the rally had lost structure and advised taking profits above $3.
Patel now expects another 20% to 40% downside before the next major expansion. The analyst said this outlook supports gradual accumulation rather than deploying capital at once.
$XRP: The Analysis Everyone Laughed At… Until It Dumped 72%
In July 2025, when most of the market was calling for higher prices, I published a bearish #XRP analysis and clearly stated that the rally was losing structure. I advised taking profits above $3 and warned that a… https://t.co/AGHdYcGUHg pic.twitter.com/aUkxE6fZSQ
— Crypto Patel (@CryptoPatel) August 8, 2026
The proposed XRP accumulation range sits below EGRAG Crypto’s $1.00 battlefield. That difference shows how the two analysts interpret the token’s current market structure.
Patel’s longer-term targets include $3, $5, $7 and above $10. However, the analyst said the trend remains bearish in the short term and would update the stop-loss after reversal confirmation.
For EGRAG Crypto, XRP needs to hold $1.00, reclaim $1.35, and then break $1.80. That sequence would provide progressively stronger confirmation of a macro bullish regime.
XRP defended a key support, and now analysts believe a major breakout (to the upside) is coming. However, not all agree.
Perhaps due to the delay of the CLARITY Act at the end of the week, Ripple’s cross-border token slipped to a major support level at just over $1.00, and questions arose whether a dip below that line is only a matter of time.
However, it has managed to remain above it during the weekend, and now a few analysts have noted that a major rebound is coming. One even called it ‘the strongest in history.’
Will XRP Bounce Immediately? The asset’s slip to $1.02 on Friday pushed its RSI into a highly oversold area, which, according to popular analyst Dark Defender, means that the indicator has bottomed on the weekly timeframe. They explained it as the sub-wave structure within the Grand Wave, suggesting the completion of the major correction.
Consequently, Dark Defender turned highly bullish, indicating that investors should “expect the strongest reversal in history” once XRP reclaims the $1.05 zone, which is still being tested from the downside.
Fellow analyst Gerla agreed, noting that the asset just “swept the lows and bounced straight from major support.” He added that the price printed a lower low, while the RSI charted a bullish divergence. As long as XRP remains above $1.02, it has the chance to reclaim $1.08, which could send it “into a serious reversal.”
$XRP just swept the lows and bounced straight from major support.
Price made a lower low while RSI printed a bullish divergence.
The long-term trendline is also being tested perfectly.$1.02 held.
Now a reclaim of $1.08 could send $XRP into a serious reversal. pic.twitter.com/OXCKFiCGr2
— Gerla (@CryptoGerla) August 8, 2026
Meanwhile, other highly optimistic analysts, such as ChartNerd and EGRAG CRYPTO, presented long-term charts hinting at a major breakout ahead for XRP. Their targets sound quite far-fetched at the moment, given the current market conditions, but they are aligned on the expectation that they will be in the low- to mid-double-digit range.
You may also like: We Asked ChatGPT: Is XRP Doomed to Fall Below $1 After the CLARITY Act Delay? XRP Price Slides on CLARITY Delay as Analyst Flags Weak August Trend XRP Forms Long-Term Pattern With $27 Price Target: Analyst Polymarket Odds Disagree Unlike the aforementioned bullish expectations, traders on Polymarket are quite convinced that XRP’s path includes a dip below the coveted $1.00 level. In fact, the odds have risen to 65% for such a drop even by the end of the month. In contrast, a rise to $1.20 has a much smaller probability percentage of 17%, while a more profound rebound to $1.40 is at a negligible 2%.
BREAKING: XRP projected to crash below $1.00 by the end of the month.
65% chance.https://t.co/z5yfnlniyq
— Polymarket (@Polymarket) August 8, 2026
XRP’s painful history in August could be among the reasons behind this rather bearish view, as the asset has closed in the red in all four of the last editions. Moreover, it was just four times in the green since 2013.
XRP traded near $1 on Thursday as traders closely observed whether the token could defend its critical monthly support zone. The price movement came as market analysts outlined key levels that could define XRP’s trajectory in the coming weeks, following a modest daily gain and a week-long decline.
XRP price consolidates around key monthly supportEGRAG Crypto highlighted $1.00 as a decisive threshold for XRP. According to EGRAG Crypto, this zone is essential for the token to establish a macro bottom on the monthly chart. The analyst warned that a sustained breakdown below $1.00 opens the door for further downside, targeting the $0.70 to $0.80 region.
As of the latest CoinGecko data, XRP traded at $1.04 with a 0.59% daily uptick, while still posting a 3.87% loss over the past week. Trading volume stood at $622.06 million as buy and sell orders fluctuated around this pivotal support.
EGRAG Crypto identified $1.35 as the first major technical test. A monthly close above that point would be the earliest sign that selling pressure may be subsiding, with $1.80 to $1.82 as the next critical resistance band and a potential macro trigger for a new bullish cycle.
Market observers noted that confirmation above these resistance thresholds remains outstanding, underscoring the need for prudent risk management and diligent monitoring for trend reversals. In this context, platforms capable of providing immediate access to a wide array of assets at optimal rates, such as 1stepSwap, are gaining attention. By facilitating direct on-chain exposure to equities and commodities without intermediaries, 1stepSwap enables investors to react quickly to market shifts and efficiently diversify their portfolios.
Technical outlook suggests possible lower accumulation zoneOn the other hand, analyst Crypto Patel cautioned that lower levels could define the next accumulation phase for XRP. Patel expects the token may revisit the $0.85 to $0.65 area before a stronger base for long-term upside can be established.
Patel noted that XRP has declined 72% from its cycle high, with a further 52% drop from its confirmed breakdown point. The analyst previously issued a bearish outlook in July 2025, advising profit-taking above $3 when the rally lost momentum.
Crypto Patel projects another 20% to 40% decrease could precede the next expansion phase. He advised gradual accumulation rather than full capital deployment in one move.
The proposed accumulation range by Crypto Patel stands just below the key $1.00 support highlighted by EGRAG Crypto, reflecting a divergence in analyst perspectives on near-term market structure.
Patel listed long-term targets at $3, $5, $7, and above $10. However, he considers the short-term momentum bearish and plans to revise his risk parameters upon a confirmed reversal signal.
Meanwhile, EGRAG Crypto maintains that holding $1.00, reclaiming $1.35, and then breaching $1.80 would represent successive confirmations of a resurgent bullish trend for XRP.
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.
Polymarket assigning a 65% chance of Ripple crashing below $1 has triggered a frenzy.
Naturally, the big question is: How much weight does this prediction actually hold? XRP has been chopping around $1 for nearly two months, with July closing at $1.06. August has kicked off with XRP holding this level, pointing to a clear consolidation phase that has historically set the stage for bullish rebounds.
However, zoom in, and the picture starts to flip. While the monthly and quarterly trends are showing strong resilience, XRP’s weakening competitive edge could explain why the 65% odds aren’t just a fluke. As the chart below highlights, the XRP/ETH ratio is already down nearly 5% this month, extending July’s 13%+ drop, the ratio’s worst monthly loss so far this year.
Source: TradingView (XRP/ETH) This shifts the focus to whether August could dethrone July as the XRP/ETH ratio’s worst month this year.
The odds aren’t exactly far-fetched. Ethereum closed July up over 18%, while Ripple managed just a 2.18% gain. That puts ETH’s monthly ROI nearly 10x ahead of XRP, highlighting where investors could chase upside in August. This becomes even more relevant with Bitcoin still hovering around resistance, making rotational flows into stronger-performing assets more likely in the coming weeks.
If this trend continues, the nearly 5% pullback in the XRP/ETH ratio could be just the beginning of a deeper correction. That puts Polymarket’s 65% odds of XRP crashing below $1 back in focus. With rotational flows still weak, can Ripple [XRP] defy the odds and finally turn August into the much-needed comeback month?
XRP faces bearish odds, but key bullish signals are emerging Looking at the on-chain signals, the test for Ripple bulls is starting to build.
According to CoinGlass data, XRP’s Open Interest (OI) has climbed back to $2.5 billion, returning to mid-July levels. Back then, bulls failed to hold $1.15, triggering a major liquidity sweep as XRP dropped to $1.03 in early August, while OI fell to $2.36 billion. In essence, leverage is building back up, putting more pressure on the $1 support. If bulls fail to hold it again, another sharp liquidity sweep could be on the cards.
That said, the fundamentals can’t be ignored. As the analyst highlighted in the post below, XRP’s deflationary tokenomics remain one of its stronger fundamental points among major L1s. Over the past 206 days, XRP’s total supply has dropped from 99,985,726,061 to 99,985,630,555, meaning 95,506 XRP have been burned, roughly 463 XRP per day.
Source: X Meanwhile, XRP Ledger’s 7-day average active addresses are up 8.1% over the past week, averaging 15.2k daily. Together, the rising network activity and steady XRP burns give bulls some fundamental support, even as price action remains weak.
However, with XRP losing ground against ETH and leverage building back up, these burns look less like a routine reduction and more like a strategic intervention, highlighting the underlying technical pressure. In other words, the burns could be helping protect holder value while the token struggles to regain momentum.
In this setup, Ripple isn’t fully bullish just yet. If smart money doesn’t step in, another July-style liquidity sweep remains a real possibility, keeping Polymarket’s 65% odds of XRP falling below $1 firmly in focus.
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.
While XRP's price remains stuck in place, wearing down retail investors' nerves, major players have pulled off a stealth maneuver. In just one week, they snapped up more than 380 million XRP, increasing their combined balance to 8.13 billion coins.
Data from Santiment confirms that whales are literally building a wall of money to keep the price from falling below the key $1 mark.
Big money is clearly acting ahead of the curve after spotting a strong trigger on the charts, as analyst Ali Martinez pointed out that XRP has formed a rare buy signal from the Tom DeMark (TD) Sequential indicator on the monthly timeframe.
HOT Stories
3/5 Whales appear to be positioning for that possibility.
Over the past week, large holders have accumulated more than 380 million XRP, an encouraging sign of conviction at current levels. pic.twitter.com/SRtgOiI2gh
— Ali Charts (@alicharts) August 9, 2026 This pattern is a rare sight, but it has been surprisingly accurate. Over the past six years, it predicted two of XRP's biggest rallies: a 1,074% surge in April 2020 and a 973% increase in August 2022. When the indicator produced a sell signal in April 2025, traders exited in time before a 57% collapse.
The current whale buying proves that they are betting on history repeating itself.
XRP supply squeeze meets regulatory gridlock at $1.06However, buyers will have to dismantle a real barricade before XRP can fully take off. The main battle will unfold at $1.06, as blockchain data shows that around 3 billion XRP previously changed hands there.
If the coin closes August above this level, the bearish trend will officially be broken. Analysts estimate that this would open a clear path for XRP toward $1.35 and then $1.64.
You Might Also Like
Whether this whale-driven momentum will hold depends on the broader market environment. On the one hand, Ripple itself supported the market, and during the scheduled release of 1 billion XRP from escrow on Aug. 1, the company locked 700 million coins back in escrow.
On the other hand, the industry is being rattled by the postponement of the U.S. CLARITY Act until September and disputes surrounding the new Ripple Mint platform.
Against this nervous backdrop, the massive buying spree is keeping the price from falling below the psychological $1 floor and turning the $1.06 level into a launchpad for a potential breakout.
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.
XRP Ledger has recorded a sharp contraction in payment volume after another temporary burst of unusually high activity. Daily payment volume briefly exceeded 600 million XRP on August 7 before collapsing toward comparatively negligible levels by August 9. From the local peak, the decline approaches 90% and could initially look like a major deterioration in network usage.
XRP's payment volumes are finally backOver the past month, XRP Ledger's payment volume has been incredibly erratic, with frequent short-lived spikes followed by returns to baseline activity. In August, there was yet another surge. XRP Ledger's volume hit roughly 614.9 million XRP. There was no consistent rise in payment activity as a result of either move.
XRP/USDT Chart by TradingViewThis is significant because, rather than the disappearance of established transaction demand, the most recent 90% decline primarily reflects normalization from an abnormal peak. Before the move could plausibly point to a structural decline in network usage, XRP Ledger would need to stay at low levels for a significant amount of time.
HOT Stories
The price of XRP is still under pressure. The price chart paints a worse picture. XRP is trading at about $1.036 and is below every significant moving average displayed on the daily chart. The larger moving averages remain significantly higher at roughly $1.185 and $1.377, while short-term resistance is located between $1.075 and $1.087. Sellers continue to benefit from that arrangement.
XRP keeps moving to lower highsAdditionally, XRP has been reaching lower highs; however, its most recent attempt to stabilize between $1.05 and $1.10 failed to generate sufficient momentum for a breakout. While weak momentum is confirmed by the RSI at about 40, a heavily oversold market is not indicated.
As a result, sellers can still drive XRP lower without immediately encountering a technical dead end. The primary threshold is currently $1.00. By holding it, XRP may be able to keep consolidating and eventually attempt another comeback toward $1.08–$1.10.
The recent lows between $0.95 and $0.97 would be exposed if that level were lost. However, the 90% decline in payment volume should not yet be viewed as a serious warning for XRP Ledger itself. The most recent decline is consistent with the network's current activity pattern, since recent data indicates that these massive spikes have been episodic.
XRP has once again returned to a crucial price level that has historically marked significant bottoms in its trading history, drawing renewed attention from market participants as the cryptocurrency approaches a potential turning point.
Focus on the 50% range levelA prominent crypto analyst identified as Julia compared XRP’s price structure from 2021–2023 with its current movement in the 2024–2026 timeframe. She emphasized the importance of the midpoint of XRP’s trading range, particularly the $1.03–$1.04 region, where the token has now settled after a recent decline.
Her technical analysis indicates that, during the 2021–2023 cycle, the 50% range level served as the foundation for a market bottom before XRP started to rally. In the latest chart she shared on X, Julia highlighted the similarities between both cycles, suggesting that XRP’s current proximity to this midpoint could prove significant for its short-term trajectory.
Julia compared previous and current market cycles, stating that “from 2021 to 2023, the bottom happened at 50% of the range; in 2024 to 2026, XRP has just reached 50% of the range,” and stressed that price performance does not depend on XRP becoming the next major bank transaction layer. She argued that what matters now is market attention on the asset.
She added that XRP does not necessarily require broad institutional adoption or use in banking infrastructure to achieve stronger performance, but can benefit substantially from investor focus at these levels.
$1 region under scrutinyFurther analysis was provided by a community member known as xNuvAx, who examined technical factors surrounding the $1 region on XRP’s weekly chart. xNuvAx described the $1.03–$1.04 zone as the same midpoint that previously marked the end of a prolonged downtrend in the earlier market cycle.
He also pointed out the presence of a falling wedge pattern and monthly momentum indicators nearing historically oversold territory, factors that could support the case for a potential bottom. Maintaining price action above $1 is seen as critical for confirming a possible bullish reversal.
According to xNuvAx, a close above $1.10 to $1.15 may signal an initial confirmation of strength, while breaking through $1.20 could open the path toward the $1.40 to $2.00 zone.
In contrast, a decisive breakdown below $1, especially on heavy trading volume, could invalidate the emerging bullish setup and send XRP toward the $0.80 range. Historically, August has also been a difficult period for cryptocurrency market performance, but xNuvAx suggested that continuation above current levels could position XRP for a more robust recovery in the final quarter of the year.
Expanding diversification through tokenized assetsAs analysts monitor XRP’s technical patterns and key resistance levels, platforms that bridge traditional and digital assets are also gaining attention. 1stepSwap has introduced a service that allows investors to bring real-world assets onto the blockchain. This platform enables users to access major U.S. company shares and commodities like gold and silver directly from their wallets, eliminating the need for intermediaries or complex onboarding processes. A distinguishing aspect of 1stepSwap is its automatic price discovery, which ensures users transact at the optimal current market rate, providing fast, cost-effective access to both stocks and commodities for portfolio diversification.
With technical setups such as contracting triangles and signals from momentum indicators, ongoing monitoring of market structure is expected to inform traders’ next steps through the remainder of the quarter.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
XRP Ledger, the decentralized blockchain network supporting the XRP cryptocurrency, has seen its payment volume drop sharply after briefly surging in early August. Recent data shows that daily payment volume spiked above 614 million XRP on August 7 before retreating by nearly 90% over the following two days.
Erratic payment volumes and network normalizationThe payment activity on XRP Ledger has exhibited significant volatility in recent weeks. Throughout the past month, sporadic surges in transaction volume have been followed by rapid returns to normal levels. While August experienced another extraordinary spike, analysts note that these increases did not lead to sustained higher activity on the network.
Rather than indicating a permanent decline in user demand, the current fall mainly represents a return to normal levels following an abnormal peak. Experts highlight that for any downward trend to raise concern about a structural decrease in XRP Ledger’s network usage, consistently low payment volumes must persist over a longer period.
Recent reductions in payment volume reflect a normalization after an isolated spike, rather than a sustained collapse in network activity. The contraction does not yet signal a broad decline in established transaction demand.
XRP price trends and technical analysisThe price of XRP continues to face downward pressure. At present, XRP trades at approximately $1.036, remaining below all key moving averages as shown on daily price charts. Major moving averages, which investors often watch to gauge longer-term trends, are positioned higher, around $1.185 and $1.377.
Short-term resistance for XRP is found between $1.075 and $1.087, with sellers maintaining an advantage as long as prices remain beneath these resistance zones. Despite several attempts to regain strength, XRP has been unable to sustain a breakout above $1.05 to $1.10, establishing a series of lower highs over recent sessions.
IndicatorCurrent ValueKey ThresholdsXRP Price$1.036$1.075-$1.087 (resistance)Major Moving AveragesBelow $1.036$1.185, $1.377Support Level$1.00$0.95-$0.97 (recent lows)RSI (Relative Strength Index)~40Oversold < 30Technical indicators reveal modest momentum, with the Relative Strength Index (RSI) hovering around 40. This suggests that while XRP is under pressure, the market is not yet entering oversold territory—a condition that typically precedes strong buying interest.
Consolidation and outlook for XRPWith sellers still driving the price action, the primary support level for XRP currently sits at $1.00. A sustained hold above this mark could allow the token to consolidate, potentially setting the stage for a future attempt to recover toward $1.08 or $1.10.
If XRP loses the $1.00 threshold, recent lows between $0.95 and $0.97 may act as the next line of defense. Despite the steep, short-term drop in payment volume, observers emphasize that the episodic nature of these spikes aligns with XRP Ledger’s typical network behavior. No evidence thus far suggests the recent decline marks a more serious threat to the underlying fundamentals of the ledger itself.
Mini dictionary: XRP Ledger is a decentralized, open-source blockchain designed for fast and low-cost digital asset transfers. It supports the XRP cryptocurrency and processes thousands of transactions per second, making it one of the longest-running blockchains in active operation.
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.
TLDR: XRP price holds near $1.04 as the 90% payment-volume decline reflects normalization from a brief 614.9 million XRP network spike. The $1 support level anchors the short-term chart, while a breakdown could expose the recent price lows between $0.95 and $0.97. Forecasts place $2.50 at the upper recovery boundary, but XRP must reclaim $1.10 and major moving averages before testing it. Ripple’s $500 million capital raise, RLUSD expansion, and XRPL tokenization strategy provide a broader institutional backdrop. The XRP price trades near $1.04 after XRP Ledger payment volume fell almost 90% from its August 7 surge. The network processed about 614.9 million XRP at the local peak before activity quickly returned toward its recent baseline.
The contraction looks severe, yet the underlying pattern provides essential market context. XRPL payment flows have repeatedly produced brief jumps followed by rapid reversals during the past month.
That behavior differs from a sustained collapse in established payment demand. Meanwhile, price forecasts place $2.50 as an upper recovery boundary over the coming quarters. However, XRP must first defend parity and reclaim nearby resistance.
XRP Price (XRP) XRP Price Faces Resistance as Ledger Volume Normalizes XRP Ledger payment volume measures transfers between accounts rather than exchange trading activity. A single institutional transfer, treasury movement, or exchange reshuffle can create an unusually large reading. It cannot identify the purpose behind each transfer.
The August 7 surge fits that pattern. Payment activity climbed near 614.9 million XRP without forming an upward trend. Volume then retreated sharply by August 9, producing the headline 90% decline from the temporary high.
XRPL history contains similar reversals. Payment volume exceeded one billion XRP on August 1 before falling near 100 million XRP. Those bursts make peak-to-trough comparisons appear more damaging than the broader activity trend suggests.
A structural warning would require low payment activity across a longer observation period. Analysts would need confirmation from transaction counts, active accounts, exchange flows, and stablecoin transfers. One volatile metric alone cannot establish a persistent network slowdown.
The XRP price chart carries a more immediate risk. XRP trades below moving averages, while sellers maintain a sequence of lower highs. Short-term resistance sits between $1.075 and $1.087. Larger moving averages stand near $1.185 and $1.377.
Momentum lacks a reversal signal. The Relative Strength Index sits near 40, indicating weak demand without reaching oversold conditions. XRP could face more selling before technical exhaustion appears.
XRP/USD daily chart. Source: TradingView XRP Price Forecast Sets $2.50 as Conditional Boundary Moreover, the $1 level now controls the short-term XRP price structure. Holding that threshold could support consolidation and another test of $1.08 to $1.10. A daily breakdown would expose the recent $0.95 to $0.97 lows.
The wider XRP price forecast spans approximately $1.10 to $2.50 over the coming quarters. That range represents a scenario rather than a guaranteed path. XRP must first recover nearby moving averages and end its lower-high sequence.
Ripple’s business expansion supplies a fundamental backdrop. The company raised $500 million at a $40 billion valuation in November 2025. Funds managed by affiliates of Fortress Investment Group and Citadel Securities led the investment.
Ripple has broadened its operations beyond cross-border payments. Its product range now includes custody, stablecoins, prime brokerage, and corporate treasury services. That strategy ties XRP demand to an institutional infrastructure network.
RLUSD adds compliant, dollar-based liquidity across the XRP Ledger and Ethereum. The stablecoin can handle transfers requiring low price volatility. XRP can support bridge liquidity and cross-border routing where rapid conversion matters.
Additionally, XRPL development targets tokenized assets and decentralized finance. Its EVM-compatible sidechain supports Ethereum applications while connecting them with the XRP ecosystem. Native ledger features cover token issuance, trading, escrow, and automated market making.
These developments do not directly guarantee a higher XRP price. Market demand, liquidity conditions, and broader risk appetite still determine price performance. Adoption must translate into sustained network activity rather than isolated payment spikes.
The $2.50 boundary would require a recovery from the present zone. XRP would need to clear $1.10, reclaim larger moving averages, and build higher lows. Until then, $1 remains the chart’s immediate decision level, while $0.95 marks the next downside reference.
ABD’deki CLARITY Act sürecinin ertelenmesi XRP üzerinde diğer büyük altcoinlere kıyasla daha sert baskı oluşturdu. Ripple (XRP) 1 dolar seviyesine yaklaşırken ChatGPT, düşüşün devam edip etmeyeceğini değerlendirdi. Yapay zekâ modeline göre 1 doların altı kaçınılmaz değil ancak risk önceki döneme göre arttı.
ABD’de kripto piyasasına yönelik kapsamlı düzenleme getirmesi beklenen CLARITY Act için sürecin ertelenmesi, altcoin piyasasında satış baskısını artırdı. Büyük piyasa değerine sahip altcoinler arasında XRP, gelişmeden en fazla etkilenen varlıklardan biri oldu.
Bitcoin cuma günü 64 bin doların, Ethereum ise 1.900 doların üzerinde veya çevresinde tutunurken XRP 1 dolar seviyesine kadar geriledi. Bunun üzerine XRP’nin kritik desteği kaybedip kaybetmeyeceği yeniden gündeme geldi.
CLARITY Act Gecikmesi XRP’yi Neden Etkiledi? ChatGPT’ye göre XRP’nin düzenleyici gelişmelere olan bağı, mevcut satış baskısının temel nedenlerinden biri.
XRP’nin yükseliş hikâyesi son yıllarda büyük ölçüde ABD’deki düzenleyici netlik beklentisi üzerine kuruldu. Ripple ile ABD Menkul Kıymetler ve Borsa Komisyonu (SEC) arasındaki uzun süren dava da bu beklentinin önemli bir parçasını oluşturdu.
CLARITY Act’in kabul edilmesi halinde XRP’nin federal hukuk kapsamında emtia statüsünün daha güçlü şekilde netleşmesi ve bankalar, kurumsal yatırımcılar ile ETF ihraççıları açısından daha fazla düzenleyici kesinlik oluşması bekleniyor.
Ancak tasarının ertelenmesi bu potansiyeli tamamen ortadan kaldırmıyor. Yalnızca söz konusu gelişmelerin zamanlamasını ileriye taşıyor.
ChatGPT, XRP’nin önceki dönemlerde düzenleyici iyimserlikten güçlü şekilde faydalandığını da belirtti. Bu nedenle beklenen katalizörün gecikmesi, XRP’yi hayal kırıklığına karşı diğer bazı büyük kripto paralardan daha hassas hale getirebilir.
ChatGPT, XRP’nin 1 doların altına düşmesini kaçınılmaz bir senaryo olarak görmüyor.
Yapay zekâ modeline göre XRP’nin önünde düşüşü sınırlayabilecek çeşitli faktörler bulunuyor. Bunların başında Ripple’ın son yıllarda gerçekleştirdiği genişleme geliyor.
Ripple, farklı ülkelerde yeni ortaklıklar, satın almalar ve düzenleyici kazanımlar elde ederek ekosistemini büyüttü. Bu gelişmeler ABD’deki CLARITY Act sürecinden bağımsız olarak XRP için destekleyici bir faktör oluşturabilir.
ChatGPT ayrıca piyasaların yasama süreçlerindeki gecikmelere zaman zaman aşırı tepki verebildiğine dikkat çekiyor.
CLARITY Act’in ertelenmesi, tasarının kesin olarak başarısız olacağı anlamına gelmiyor. Yatırımcıların ilerleyen dönemde nihai onay ihtimalini yeniden fiyatlaması halinde XRP, ABD’de Kongre çalışmaları yeniden başlamadan önce istikrar kazanabilir.
XRP İçin Düşüş Senaryosu Tamamen Masadan Kalkmadı Bununla birlikte ChatGPT, 1 doların altındaki XRP senaryosunu tamamen dışlamıyor.
Özellikle genel kripto piyasasındaki satış baskısının güçlenmesi, Bitcoin’in önemli destek seviyelerini kaybetmesi veya makroekonomik koşulların kötüleşmesi XRP üzerindeki baskıyı artırabilir.
Buna ek olarak jeopolitik gerilimlerin yeniden tırmanması da piyasada yeni bir satış dalgası yaratabilir. Bu gelişmeler doğrudan CLARITY Act süreciyle bağlantılı olmasa da XRP’nin fiyatını etkileyebilecek önemli riskler arasında bulunuyor.
Dolayısıyla XRP’nin 1 doların altına gerileyip gerilemeyeceği yalnızca Washington’daki düzenleme sürecine bağlı değil. Bitcoin’in yönü ve genel risk iştahı da kritik rol oynayacak.
XRP İçin En Kritik Senaryo Ne? Mevcut tablo XRP açısından iki farklı senaryoya işaret ediyor.
CLARITY Act’in ilerlemesi ve genel piyasa koşullarının toparlanması, ertelenen düzenleyici beklentilerin yeniden fiyatlanmasını sağlayabilir. Bu durumda XRP üzerindeki satış baskısı azalabilir.
Buna karşılık Bitcoin’in önemli destekleri kaybetmesi ve kripto piyasasındaki risk iştahının daha da bozulması, XRP’nin 1 doların altına sarkma ihtimalini güçlendirebilir.
ChatGPT’nin değerlendirmesine göre 1 doların altı şu aşamada kaçınılmaz değil. Ancak CLARITY Act gecikmesi XRP’nin kısa vadeli risklerini artırmış durumda.
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.
The CLARITY Act, a yet-to-be-enacted legislative proposal with significant implications for the digital asset market, remains under review by the US Senate. Lawmakers have postponed the bill’s vote until September, intensifying speculation about potential effects on the valuation of cryptocurrencies, particularly XRP.
Gemini’s outlook on short-term price movementGoogle Gemini, the advanced artificial intelligence platform developed by Google, recently provided an in-depth analysis on how the passage of the CLARITY Act could influence XRP’s price. According to Gemini, legal recognition of XRP as a digital commodity—administered by the Commodity Futures Trading Commission—would remove uncertainty around future regulatory actions by the Securities and Exchange Commission.
The AI model projects an immediate reaction from the market, with XRP’s price potentially reaching between $2.50 and $4.50. Gemini indicated that a re-test of XRP’s historical all-time high at $3.65 is likely during this phase. However, it warned that any initial surge could be followed by a typical “buy the rumor, sell the news” scenario before longer-term institutional support emerges.
Gemini points out that XRP’s short-term rally would be driven by investor confidence following regulatory clarity, but also cautions that the market has a tendency to see price retracements once landmark legal events are confirmed.
Medium-term growth linked to institutional capitalGemini’s medium-term estimates are based on the flow of institutional investment. The platform suggests that clear regulatory status for XRP may prompt banks and large asset managers—previously limited by internal compliance policies—to consider integrating XRP into their strategies.
Research referenced by Gemini indicates that over the six to twelve months after the CLARITY Act passes, the digital asset could trade within a $5 to $10 range, with $8 serving as a central scenario. This outlook is contingent upon spot exchange-traded funds attracting inflows estimated between $4 billion and $8 billion.
ScenarioEstimated XRP Price RangeMain DriverImmediate after passage$2.50 – $4.50Regulatory clarityMedium term (6-12 months)$5 – $10Institutional ETF inflowsFull-adoption scenario$15 – $30Mass banking integrationMini dictionary: Spot ETF inflows refer to the direct investment of funds into exchange-traded funds that hold the underlying asset—in this case, XRP—rather than derivatives or futures contracts.
Maximum scenario depends on banking adoptionIn its highest projections, Gemini outlines a target of $15 to $30 for XRP if two key developments occur after the legislation is enacted. The first is widespread adoption by US banks for fast, cross-border payments.
The second involves additional banking infrastructure, such as Ripple—the company behind XRP—potentially obtaining official bank charters. Gemini characterizes these conditions as necessary to reach the forecasted upper price range, rather than part of the base scenario.
Mini dictionary: A bank charter is a federal or state license authorizing a financial institution to operate as a bank, which provides legal authority for services such as taking deposits and processing settlements.
Gemini’s analysis suggests that the upper price bands for XRP can only be met if banking and financial infrastructure in the US fully embraces the cryptocurrency for settlement and payments operations.
Regulatory and institutional triggers aheadGemini concludes that the CLARITY Act would serve as a multi-phase catalyst for XRP, with meaningful upside only if further regulatory and institutional milestones are met in the coming months.
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 update introduces privacy and institutional-focused features designed to make the network more attractive for tokenized financial assets.
XRPL has released version 3.3.0, which takes another step toward becoming infrastructure for institutional tokenization.
It introduces several proposed amendments focused on privacy, payments, and managing real-world assets (RWAs).
Confidential Transfers Perhaps the most significant new feature is called Confidential Transfer. It’s designed to allow institutions to hide balances and transaction amounts for Multi-Purpose Tokens (MPTs) while keeping the accounts and the asset type involved visible. It uses cryptographic proofs to verify that transactions are valid without publicly revealing the underlying amounts.
According to the GitHub post and previous reports on the matter, this could address an important obstacle for financial institutions, which may want the transparency and settlement benefits of a public blockchain without exposing sensitive position sizes or transaction values.
Data from RWA.xyz shows that roughly $850 million out of the $1.38 billion in RWA distributed on the XRPL is from Ripple’s own stablecoin, RLUSD. This leaves approximately $530 million in other tokenized assets from other big names in the niche, such as Ondo, Archax, Societe Generale, and VERT Capital.
Other Proposals Aside from Confidential Transfers, the other updates named in version 3.3.0 include Batch, Sponsor, and Permission Delegation. The first amendment would allow up to eight transactions to be grouped together, including an atomic mode in which either all transactions succeed or the entire batch fails. This is expected to benefit complex settlements, swaps, and institutional transactions.
Sponsor is designed to enable one account to cover another user’s transaction fees and reserve requirements. In other words, it could allow companies to onboard customers without requiring them to purchase XRP before interacting with an application.
You may also like: Important Ripple News and XRP Price Update: August 4th Important Ripple (XRP) Announcement, New Investments: August 3 July’s Biggest Ripple (XRP) Stories: RLUSD Expansion, AI, and Institutional Adoption The last one would enable account holders to grant another party pre-defined transaction permissions without surrendering full control of the wallet. It would align with Dynamic MPT and provide issuers with greater flexibility by allowing certain token characteristics to be modified after issuance.
It’s worth noting that these amendments are not live on the XRP Ledger Mainnet yet, as the governance process requires each to maintain support from at least 80% of trusted validators for two consecutive weeks before activation.
Although XRP has briefly flipped to the green side of the market after multiple days of extreme volatility, it has plunged back to levels not seen this month.
Following this heavy price decline, sentiment is increasingly flipping bearish and traders are gradually losing confidence in its recovery over the short term.
Kalshi traders turn bearishFollowing the massive slowdown in its price, traders are predicting XRP could be heading for another test of the $1 level this month, per the latest data provided on crypto prediction market Kalshi.
HOT Stories
The bearish sentiment is coming as traders appear to be increasingly exercising caution after XRP fell to its previous low of around $1.02.
card
Notably, the latest predictions on the platform regarding how low XRP could fall in August show that traders are betting on a possible retest of the $1 price level.
While the prediction market further recorded a trading volume of about $13,374, it appears that traders are actively placing bets on XRP's potential downside in August.
What is XRP saying?It appears that the bearish predictions from traders regarding XRP's potential downward trajectory have been largely fueled by its recent price movement, which remained consistently in red territory for a long period.
However, XRP is beginning to print a different signal as its price is showing a decent recovery from the downtrend, with market analysts suggesting that traders are becoming exhausted.
As of the time of writing, XRP is showing a decent price gain of about 1.61% over the last 24 hours. If it is able to hold the positive momentum, the asset will be able to hedge against negative predictions from traders.
ABD Senatosu’nun Kripto CLARITY Act kapsamında nihai oylamayı Eylül 2026’ya ertelemesi, XRP fiyatındaki satış baskısının artmasına neden oldu. Düzenleyici belirsizliğin uzamasıyla birlikte yatırımcıların kısa vadeli risk iştahı zayıflarken, XRP 1,02 dolar seviyesinde tutunmaya çalışıyor. Piyasada yeniden 1 dolar psikolojik desteği öne çıkarken, teknik göstergelerin daralan bant yapısı fiyatın yakın zamanda sert bir yön hareketi gerçekleştirebileceğine işaret ediyor.
Erteleme Kararı XRP’yi Baskıladı ABD Senatosu’nun tatile girmesiyle CLARITY Act için nihai oylamanın Eylül 2026’ya kalması, kripto piyasasında düzenleyici belirsizliğin uzamasına neden oldu. Gelişmenin ardından XRP, büyük kripto varlıklar arasında dikkat çeken kayıplar yaşarken fiyat 1,02 dolar civarında dengelenmeye çalıştı. CLARITY Act, ABD’de dijital varlık piyasasına yönelik daha net bir düzenleyici çerçeve oluşturmayı amaçlayan önemli yasa tasarılarından biri olarak görülüyor. Oylamanın ertelenmesi, yatırımcıların kısa vadede daha temkinli hareket etmesine neden olabilir. Nihai oylamanın Eylül ayına kalması, XRP üzerindeki düzenleyici belirsizliğin bir süre daha devam edebileceğine işaret ediyor.
Teknik Görünümde 1 Dolar Kritik Seviyeye Dönüştü XRP’nin günlük grafiğinde satış baskısının 1,0240 dolar seviyesinde yavaşlaması, bu bölgeyi kısa vadeli önemli destek haline getiriyor. Bollinger Bantları’nın daralması ise fiyatın sıkıştığını ve önümüzdeki dönemde daha sert bir hareket yaşanabileceğini gösteriyor. Fiyatın 1,0240 dolar üzerinde kalması halinde 1,0831 dolardaki orta bant ve ardından 1,1423 dolar seviyesindeki üst bant gündeme gelebilir. Ancak bu seviyelerin aşılması, mevcut düşüş trendinin tamamen sona erdiği anlamına gelmeyebilir.
XRP’nin 1 doların altına kalıcı şekilde gerilemesi halinde satış baskısının güçlenmesi beklenebilir. Bu senaryoda haftalık grafikte öne çıkan 0,9572 dolar seviyesi ilk önemli destek olarak takip edilecek. Daha sert bir düşüş yaşanması halinde ise aylık grafikteki 0,6625 dolar bölgesi uzun vadeli destek olarak öne çıkıyor. Bu nedenle yatırımcılar açısından 1 dolar seviyesi yalnızca psikolojik değil, aynı zamanda piyasanın genel yönünü belirleyebilecek teknik bir eşik konumunda bulunuyor.
Alıcılar 1,0240 Doları Savunabilecek mi? XRP’de kısa vadeli görünümün yeniden güç kazanabilmesi için öncelikle 1,0240 dolar seviyesinin korunması gerekiyor. Bu desteğin üzerinde kalınması ve alım hacminin artması halinde fiyatın 1,0831 ve 1,1423 dolar dirençlerini test etmesi mümkün olabilir. Buna karşılık 1 doların kaybedilmesi, yatırımcıların satış baskısını artırmasına ve XRP’nin 0,9572 dolar seviyesine doğru gerilemesine neden olabilir. Bu nedenle önümüzdeki süreçte hem CLARITY Act gelişmeleri hem de XRP’nin 1 dolar çevresindeki fiyat hareketi yakından takip edilecek.
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.
Large holders of XRP have quietly accumulated 1.23 billion additional tokens since January, bringing their combined balances to 12.2 billion XRP, according to the analytics firm Santiment. Despite the accumulation, XRP’s price has declined 43% from the start of 2026, highlighting a divergence between on-chain whale activity and market momentum.
XRP whale accumulation trendsAt the beginning of the year, wallets holding between 10 million and 100 million XRP controlled 10.97 billion tokens. By early July, these addresses reached a new high of 12.27 billion before settling slightly lower at 12.2 billion, suggesting some light distribution had occurred after the accumulation peak.
During November 2025, these large holders expanded their supply by 2.4 billion XRP in a single month. The value of the newly accumulated 1.23 billion XRP sits at approximately $1.279 billion based on present market prices. If prices returned to XRP’s previous all-time high of $3.66, these holdings would have been worth nearly $4.5 billion, demonstrating the scale of whale exposure to price changes.
Accumulation slowed in late 2025, with fewer purchases recorded in December and a relatively quiet period until March 2026. A gradual buying trend resumed in spring and continued into the summer, helping the cohort notch a new holdings record in July.
However, growth in large holders’ activity has not been uniform across exchanges. On-chain analyst Darkfost flagged that transfers to Binance dropped sharply by mid-July, totaling just 25.3 million XRP for the month, a notable reduction from a peak of 583 million XRP previously seen at their most active.
Large holders reduced their transfers to Binance in July, and Darkfost emphasized that seller exhaustion had likely eased some short-term pressure, with price consolidating around $1 since June. Sustained buying would still be needed for a decisive bullish shift.
Since January, the number of wallets in the 10 million to 100 million XRP group rose from 301 at the start of the year to 322 by early July, before slipping back down to 313. This remains below the all-time high of 351 but indicates some renewed interest among large investors.
Shifting dynamics among whale groupsNot all large holders have taken the same approach to the recent price environment. Wallets containing 100 million to 1 billion XRP reduced their holdings from 8.43 billion at the start of 2026 to 8.13 billion currently, distributing about 300 million XRP over the year. In contrast, investors with 1 million to 10 million XRP modestly increased their group total by 260 million, bringing their collective tally to 3.83 billion XRP.
Meanwhile, mid-tier investors controlling between 100,000 and 1 million XRP saw their collective balances dip by 60 million XRP to 6.37 billion, underlining a mixed picture across wallet tiers.
The differing strategies among whale groups suggest investors are positioning based on wallet size, making whale behavior a critical signal to watch as XRP seeks further price recovery.
Price outlook and market signalsXRP is currently trading above $1, yet some market analysts see potential for another decline of up to 35% in the coming months. Over the past month, XRP has fallen by only about 6%, although it remains up 10% compared to other leading altcoins. Ethereum and BNB posted gains of 10% and 5%, respectively.
The recent accumulation by large holders suggests that certain investors are preparing for a long-term play, though persistent market demand remains essential. Wide swings in whale transfers and holdings continue to shape short-term price direction, and market monitoring tools now play a greater role for both institutions and individual traders.
In view of evolving on-chain activity and the need for real-time intelligence, investors increasingly use portfolio solutions like CryptoAppsy. By offering instant price updates, custom alerts, multi-currency portfolio views, and macroeconomic data on a single screen, such platforms aim to help users spot fresh altcoin listings, filter sector-specific news, and react quickly to shifting conditions, such as changes from the Fed or sudden price movements in XRP.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
XRP Ledger validators will vote on a privacy amendment designed for institutional transfers as the network hosts more than $530 million in distributed tokenized assets outside RLUSD.
Summary
Confidential Transfers would encrypt MPT balances and payment amounts while keeping accounts and token types visible. XRPL hosts about $1.38 billion in distributed assets, including $845.7 million of RLUSD. The first version supports direct MPT payments only, excluding exchange trades, escrow and checks. Activation requires 80% validator support for two consecutive weeks. XRP Ledger privacy amendment enters validator process XRP Ledger version 3.3.0, released on Aug. 6, includes six proposed amendments focused largely on institutional asset issuance and settlement.
Confidential Transfers is the most privacy-focused proposal. It would allow users to encrypt balances and payment amounts attached to Multi-Purpose Tokens, or MPTs, which XRPL designed for assets such as tokenized funds, bonds and other financial instruments.
Accounts involved in a payment and the type of asset being transferred would remain visible. However, outside observers would not be able to see the value held by each account or the amount sent in an individual transaction.
The ledger would use cryptographic proofs to confirm that a transaction is valid and that balances remain consistent without publicly revealing the underlying figures. That structure targets institutions that need transaction confidentiality while operating on a shared ledger.
None of the amendments became active with the software release. XRPL validators must approve each proposal separately before it can become part of the network.
Privacy feature targets growing XRPL RWA market RWA.xyz data tracks about $1.38 billion in distributed real-world assets on the XRP Ledger. Ripple’s RLUSD stablecoin accounts for approximately $845.7 million of that amount.
Removing RLUSD leaves more than $530 million in other distributed tokenized assets that could potentially use the privacy feature. Ondo Finance accounts for about $212.6 million, followed by VERT Capital at $116.1 million and Archax at $55.4 million. Societe Generale represents another $11.6 million.
The market remains concentrated among several large issuers, but recent launches show that XRPL is moving beyond pilot programs.
As crypto.news previously reported, Aviva Investors launched a tokenized share class of its U.S. Dollar Liquidity Fund on XRPL on July 29. The regulated product uses blockchain records while BNY Mellon continues to hold the underlying assets.
Ripple has also invested in ZILO and Licuido to expand fund administration, token issuance, secondary trading and collateral tools built around the ledger.
Confidential Transfers remain limited at launch Confidential Transfers would initially apply only to direct MPT payments between accounts. Holders must opt into the encrypted format before using it.
The first version would not support transactions conducted through XRPL’s built-in decentralized exchange. It would also exclude escrow arrangements and checks, limiting its immediate usefulness for more complicated institutional workflows.
Version 3.3.0 includes other amendments that could address some of those workflows. Batch would let users package up to eight transactions together, including an atomic mode in which every transaction succeeds or the entire group fails.
Sponsor would allow one account to cover another account’s transaction fees and reserve requirements. This could let institutions onboard users without requiring each participant to obtain XRP before making a transaction.
Permission Delegation would allow an account to authorize another party to submit only specified transaction types. Dynamic MPT, meanwhile, would let issuers modify certain token properties after issuance.
US Treasury settlement provides institutional test case The privacy proposal could be relevant to U.S.-linked tokenized securities already using XRPL. In May, JPMorgan, Mastercard, Ripple and Ondo tested the redemption of a tokenized U.S. Treasury fund.
Ondo’s OUSG moved over XRPL while JPMorgan’s Kinexys network handled the corresponding dollar settlement. The asset leg reportedly cleared in under five seconds.
The test showed how regulated financial institutions could connect blockchain-based assets with established banking systems. Confidential Transfers would add an option to shield position sizes during similar direct transfers, although its initial limitations mean it would not cover every stage of issuance, trading or redemption.
Each XRPL amendment requires support from at least 80% of trusted validators for two continuous weeks. The next test is therefore whether Confidential Transfers clears that threshold—and whether institutions already issuing assets on XRPL choose to use it once available.
Ripple’s XRP token continues to reflect the general market downturn, but the cryptocurrency has shown firm support just above the $1 level. Market data from CoinGecko recorded XRP dipping to $1.04 twice over the last month, first on July 1 and again on August 6. This recent pattern indicates that the asset’s current price zone could represent a potential bottom.
XRP’s price outlook after SEC lawsuit resolutionXRP faced extended pressure over recent years due to a lawsuit initiated by the US Securities and Exchange Commission (SEC) against Ripple. The SEC, which regulates securities markets in the United States, accused Ripple of conducting unregistered securities sales when it launched the XRP token. The case began in December 2020 and created long-term uncertainty for the asset.
In 2025, a US court clarified the distinction between retail and institutional sales, concluding that offers to retail customers were not considered securities while institutional sales fell under securities regulations. This landmark ruling delivered significant regulatory clarity for XRP and played a key role in restoring market confidence.
XRP reached a new all-time high of $3.65 in July 2025 after gaining clarity from the court decision on its regulatory status.
This court decision marked a turning point for Ripple, a fintech company best known for its digital payment protocol and the XRP cryptocurrency. The outcome helped the asset stabilize and led to renewed interest among both retail and institutional traders.
Mini dictionary: Ripple, a US-based fintech firm, developed the XRP Ledger and its associated digital asset XRP, aiming to enable fast, low-cost international payments for financial institutions.
Potential impact of new regulation and ETFsInvestors are closely watching the US Senate as it considers a vote on the CLARITY Act, a proposed bill designed to provide additional regulatory guidelines and enhance investor protection within the cryptocurrency industry. If passed, the legislation could create a more transparent environment for digital assets and potentially boost confidence among both retail and institutional participants.
Analysts have suggested that passing the CLARITY Act may result in a renewed price surge for XRP, especially if sentiment shifts across the broader crypto sector.
An increase in investor confidence tied to regulatory clarity could support a further uptick in XRP’s price.
In addition to regulatory developments, the launch and performance of spot exchange-traded funds (ETFs) based on XRP have become important factors. A series of XRP-focused ETFs began trading late last year, and market observers consider strong ETF inflows a bullish indicator. When inflows grow and the overall crypto market shows strength, XRP is likely to target a new annual high.
EventDatePriceXRP hits recent lowJuly 1, 2026$1.04XRP hits recent lowAugust 6, 2026$1.04XRP all-time highJuly 2025$3.65Market trajectory and outlookDespite positive developments, some analysts believe XRP will not surpass its all-time high in the near term. Projections for the next major Bitcoin cycle suggest that BTC could reach its peak in 2029, with altcoins such as XRP likely to follow a comparable trend during that period.
For now, XRP appears to have established a solid support base close to $1. If bullish momentum is reinforced by new legislation and strong ETF inflows, the asset could attempt substantial gains, seeking to challenge previous yearly highs.
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 continues to trade close to a crucial support zone, showing signs of resilience after a period of price consolidation. The token recently hovered around $1.0342, following a brief dip to $1.0139, which has proven to be a critical level for buyers.
$1.0139 remains a pivotal support levelAccording to chart analysis by Levi Rietveld, the creator of Crypto Crusaders and a leading XRP commentator, the $1.0139 area held firm as buyers entered the market. This support level has gained significance after XRP’s steady decline from the peaks reached in July.
Rietveld highlighted that buyers stepped in to defend the $1.0139 area, allowing a recovery to the $1.0342 region. The price action suggests that a sustained hold above this level may provide momentum for a further upward move. If selling pressure increases, attention may shift to the lower zone near $1.01, with the $1.00 region acting as an essential psychological and technical barrier.
As shown in Rietveld’s post, “XRP held strong above the $1.0139 support, showing buyers are stepping in,” reinforcing the significance of this level in the current market structure.
Key resistance zones emergeThe first significant upside target sits near $1.0580, slightly above XRP’s current level. Analysts observe that breaking through this resistance could set the stage for a move toward $1.0902, which sits just below the psychological milestone of $1.10.
Recent attempts to breach $1.0580 have met resistance, but a decisive move above this level could quickly draw interest to the next challenge at $1.0902. Continued bullish momentum may bring XRP closer to $1.1228, another marked resistance area on recent charts.
A sustained rally above $1.1228 would put further upside within reach, including resistance around $1.18. If buyers maintain control through these zones, the $1.2921 level could come into focus as a potential target.
Buyers focus on building strengthMarket participants remain closely focused on XRP maintaining its support. As Rietveld stressed, “All eyes on XRP!!” The token is situated between the well-defended support at $1.0139 and a range of resistance levels above, intensifying interest in any decisive move.
Active monitoring of support and resistance zones has become increasingly critical for investors looking to react to short-term price shifts. As traders navigate this consolidation, leveraging all-in-one solutions like CryptoAppsy can streamline their process. Without requiring any account creation, CryptoAppsy combines real-time prices, detailed charts, and multi-currency portfolio management in a single dashboard. Users can set up smart price alerts, customize news for their specific holdings, track new altcoin listings promptly, and incorporate macroeconomic data such as Federal Reserve interest rates to enhance their market strategy.
The chart highlights that XRP sits tightly between a major support and multiple resistance levels, making the coming sessions important for determining the next directional move.
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.
XRP Ledger is entering a new phase as its first privacy-focused amendment moves into the voting process.
XRPL Foundation director of community Hussein Zangana (Vet) highlighted this milestone in a recent X post. "The XRP Ledger introduced its first privacy amendment for voting. Allowing balances and transfer amounts of tokens on XRPL to be encrypted without a private walled garden chain. Privacy on XRP," Vet wrote.
The $XRP Ledger introduced its first privacy amendment for voting.
Allowing balances and transfer amounts of tokens on XRPL to be encrypted, without a private walled garden chain.
Privacy on XRP. pic.twitter.com/GpgvDvPCS6
— Vet (@Vet_X0) August 7, 2026 The XRP Ledger version 3.3.0, launched this week, introduced several new amendments, including Confidential Transfer, which adds private transfers for Multi-Purpose Tokens. This is notably the first XRPL privacy amendment.
Confidential Transfer (Privacy-preserving Multi-Purpose Token transfers, XLS-0096) allows private, auditable transactions for Multi-Purpose Tokens (MPTs).
HOT Stories
You Might Also Like
The Confidential Transfers feature provides institutional-grade privacy for multi-purpose tokens using advanced cryptography (EC-ElGamal and ZKPs). Individual balances and transfer amounts remain shielded from the public ledger while compliance mechanisms for authorized parties (issuers, auditors, or designated entities) are maintained to verify total supply and meet regulatory obligations.
This week, the On-Chain Cosigner proposal was submitted. On-Chain Cosigner brings native multi-signature proposal and collection to the XRP Ledger, allowing streamlined on-chain coordination for transactions.
XRP fix upgrade ahead The latest XRP Ledger version 3.3.0 introduces the fixCleanup3_3_0 amendment, a bundle of amendment-gated bug fixes.
You Might Also Like
FixCleanup3_3_0 bundles several fixes for the 3.3.0 release, including unifying freeze and deep freeze checks for transfers to and from pseudo-accounts in the VaultDeposit, VaultWithdraw, AMMDeposit, AMMWithdraw, LoanBrokerCoverDeposit, and LoanBrokerCoverWithdraw transactions.
FixCleanup3_3_0 also fixes hybrid offers being removed from the open order book when the account that placed them loses access to the permissioned domain and resolves Automated Market Maker liquidity being included in quality estimates for permissioned DEX order books. It adds further precision and rounding fixes for Single Asset Vaults and the Lending Protocol, among several other fixes.
The XRP Ledger version 3.3.0 retires the long-active Clawback, fixDisallowIncomingV1, fixInnerObjTemplate, fixNFTokenReserve, and fixUniversalNumber amendments, making them a permanent part of the protocol.
XRP has shown a recurring pattern of losses every August during US midterm election years dating back to 2014, according to cryptocurrency analyst ChartNerd. This trend, observed across multiple election cycles, has led to speculation about whether August 2026 will continue the sequence or break it.
The Numbers Behind the PatternChartNerd shared detailed figures for XRP’s August monthly closes in midterm years: in August 2014, the token fell 5.7%; in August 2018, it declined 23.0%; and August 2022 saw a 13.7% drop. The average decline across these three periods stands at 14%.
A historical chart provided by ChartNerd marks the pricing bottoms in these years, showing subsequent rallies. After the June 2014 low, XRP surged 936.13%. The August 2018 low was followed by a 210.67% increase, and the June 2022 bottom led to a 96.23% rally. The prices differed significantly during each period, but a consistent recovery emerged after summer lows in each case.
YearAugust Change (%)Subsequent Rally (%)2014-5.7936.132018-23.0210.672022-13.796.23ChartNerd emphasized that XRP frequently prints local lows or cycle bottoms between June and August, which have historically set the stage for post-summer price rallies.
ChartNerd is an independent cryptocurrency analyst known for sharing technical trends and historical data on digital assets, particularly on X (formerly Twitter).
Mini dictionary: Midterm election years, in the United States, are those when congressional (but not presidential) elections occur, typically every four years. These cycles sometimes correlate with notable market volatility or seasonal price patterns in various asset classes.
Why June Through August MattersIn a follow-up analysis, ChartNerd outlined the monthly performance dynamics. June often registers weak returns during bear markets, while July tends to provide short-term relief for XRP investors. However, August has established itself as the most consistently negative month, with each midterm-year August since 2014 recording losses.
The analyst described August as maintaining “the longest consecutive active losing streak of any calendar month in history” for XRP. The data brings attention to the cyclical impact that the June-to-August period can have on this cryptocurrency.
ChartNerd argued that this seasonal window holds added importance and that investors should monitor price action closely as these patterns continue to repeat every four years.
What Comes NextLooking ahead, ChartNerd suggested that if XRP records another loss in August 2026, this would further strengthen the multi-cycle pattern. Even so, the analyst called a negative August close “a common theme” that may indicate future opportunity based on past price recoveries.
Currently, XRP trades at $1.06993, having retreated from a 2025 high above $3.20. The token remains within the historical June–August window where previous bottoms were observed before notable gains.
ChartNerd concluded by urging investors to pay attention during this period, suggesting that cyclical weakness may again precede a rebound.
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 fate of the CLARITY Act, which seeks to define digital asset regulation in the United States, is now centered on crucial negotiations set for September, following a Senate impasse that left the legislation unresolved before lawmakers departed for the August recess.
Senate deadlock delays digital asset billMarket analyst Diana noted that Senate Democrats threatened to block progress on the CLARITY Act if Republicans forced a procedural vote before securing bipartisan backing. Instead of pushing ahead, Republican lawmakers retreated from an immediate cloture vote, deferring further action and leaving the bill’s future uncertain until after the recess.
The political stalemate highlighted a core issue: neither party currently holds sufficient support to advance the bill independently. Democrats have called for revisions to the legislation, while Republicans are wary of exposing a lack of cross-party consensus by pushing a vote prematurely.
This pause means that negotiations throughout August will be pivotal for determining whether both sides can reach agreement, potentially paving the way for movement on the legislation when Congress reconvenes. Should talks once again falter, observers warn that delays will likely deepen skepticism around the bill’s prospects for passage.
CLARITY Act’s significance for crypto marketThe CLARITY Act is designed to establish comprehensive guidelines for digital assets and clarify the oversight roles of federal regulators. These clarifications have been sought by the crypto industry to reduce legal uncertainty and encourage institutional participation in US blockchain markets.
Uncertainty persists as neither Senate Democrats nor Republicans can move the CLARITY Act forward without compromise. The crypto sector continues to press for legislation that defines regulatory responsibilities and digital asset classifications within the United States.
For XRP and other established blockchain networks, the immediate market effects are less about price movement and more about the security that regulatory clarity can provide. Clearer classifications could lay a foundation for greater institutional involvement and enhance confidence across digital asset ecosystems, including the XRP Ledger.
Bipartisan negotiations to determine regulatory outcomeCrypto industry participants are turning their attention to the outcomes of these scheduled Senate discussions. Key developments will include whether both parties can resolve their differences, if Senate leaders opt to set another procedural vote, and how the final wording of the bill will treat the classification of digital commodities and larger blockchain networks.
Recent action in Congress shows the bill is delayed rather than abandoned. While Republicans initially pressed for a vote in August, the decision to postpone means all eyes are now on September, when renewed negotiations may either revive optimism or prolong legislative uncertainty.
Amid this period of political negotiation, platforms that address the demand for regulatory transparency and frictionless access to real-world assets are drawing new interest.
1stepSwap represents one such development for investors aiming to diversify portfolios amid evolving US policy. By bridging the gap between traditional finance and digital assets, 1stepSwap allows users to access and trade shares of leading American companies and commodities like gold and silver—directly through their wallets, without intermediaries. This capability includes real-time discovery of the best prices available in the market, enabling users to buy and sell major stocks in seconds while maintaining portfolio flexibility and efficient execution.
Ultimately, the September Senate session stands as a make-or-break period for the trajectory of the CLARITY Act, with potential implications for the future of crypto regulation and institutional adoption across the industry.
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) is down 2% on Friday, pressing onto the $1 psychological level with thin weekend liquidity ahead and a chart setup pointing toward $0.85.
Why $1 Is The Level That Matters This WeekendThe chart projects a 15% to 17% drop from $1 if the level fails on a daily or weekly close, with $0.85 to $0.88 as the measured move target based on the depth of the two-month compression pattern.
RSI at 34.19 sits near oversold territory but has not reached an extreme yet, meaning there is still room to fall before a technical bounce becomes likely.
Weekend volume is thin, and breakdowns in low liquidity tend to overshoot rather than find clean support.
What ETF Flows Are ShowingXRP ETF inflows hit just $1.01 million this week, well below the prior three weeks of $14.86 million, $8.15 million, and $6.78 million respectively according to SoSoValue.
The institutional momentum that built through July has clearly slowed heading into the weekend.
Friday’s session has yet to report its flows, but even a few million dollars in additional inflows would likely leave this week’s total well below previous weeks.
Why The Clarity Act Failed To HelpSenate Banking Committee Chairman Tim Scott (R-SC) said Thursday the Senate should hold a procedural vote on the Clarity Act before recess.
However, Senate Majority Leader John Thune (R-SD) held a vote on the budget resolution instead, with no cloture filing on the Clarity Act confirmed at publication time.
XRP fell further on the news, with regulatory clarity remaining one of the token’s key narrative drivers.
What The Derivatives Data Is Showing?Volume jumped 16.52% to $2.52 billion Friday as traders pile in around the $1 level according to Coinglass. Nearly everyone is still positioned for a bounce, with long/short ratios at 3.0 on Binance, 3.7 on OKX, and 3.57 among top traders.
The problem is the longs keep losing. Long liquidations hit $11.75 million in 24 hours against just $310,000 in shorts.
Shorts are barely touched while bulls absorb hit after hit. Open interest dipped slightly to $2.34 billion as some traders finally gave up and closed positions.
With most traders still long into a falling price at the most critical level on the chart, a $1.00 break could force a wave of selling that pushes XRP lower faster than the chart target alone suggests.
Image: Shutterstock
Market News and Data brought to you by Benzinga APIs
Ripple (XRP) price is up by 0.46% today, August 8, to trade at $1.04 at the time of writing. XRP gains come as on-chain data shows that whale activity for XRP remains elevated as XRPL releases a major upgrade seeking to improve privacy and tokenization on the network.
Binance Whale Activity Remains High Despite Price Weakness Data from CryptoQuant shows that XRP’s Whale-Retail Spread on the Binance exchange has reached 57.7%, suggesting that there are more whales than retail traders who are holding XRP on Binance.
XRP Whale-Retail Spread (Source: CryptoQuant) Analyst Amr Taha notes that the whale activity is defying the ongoing price weakness as XRP stays close to the psychological support of $1. Still, he notes that this spread does not mean that whales are accumulating.
“The Whale vs Retail Spread should not by itself be interpreted as direct evidence of whale accumulation… it highlights a growing difference in the relative activity of large and retail participants across trading venues,” the analyst said.
The whale activity comes amid the recent v3.3.0 upgrade on XRP Ledger that seeks to boost privacy and tokenization on the network. As CoinGape reported, the upgrade also drove an increase in XRP’s open interest, suggesting that the tokenization push could be a bullish catalyst for XRP price.
XRP ETFs Record Four Consecutive Weeks of Inflows The elevated whale activity for XRP on Binance also comes as XRP ETFs record four straight weeks of inflows per data from SoSoValue.
These ETFs recorded $1.01 million in inflows in the week between August 3 and August 7. If the inflows continue for the rest of August, XRP ETFs could also see their fifth straight month of positive inflows.
XRP ETF Flows (Source: SoSoValue) One of the institutional buyers is IMC-Chicago, an asset manager with $418 billion in assets under management, which purchased 50,975 XRP ETF shares as earlier reported by CoinGape.
SoSoValue also shows that the XRP ETFs have amassed total net assets of $953 million, with this being 1.49% of XRP’s total market cap of $65 billion.
XRP Price Outlook as Bulls Defend Support XRP’s one-day chart shows that the price is creating a falling wedge pattern that often suggests that the trend is changing from a bearish one to a bullish one.
However, XRP has dropped to test the support at the lower boundary of this channel at $1.01. If it closes below this support, the downtrend could persist.
The RSI reading of 40 suggests that the momentum is favoring bears. The volume histogram bars also show that the selling pressure remains high for five straight days, suggesting that retail traders are not mimicking the accumulation behaviour of whales and institutions.
XRP/USDT: 1-day Chart (Source: SoSoValue) If these retail buyers come back and XRP price remains above the support of $1.01, it could gain to the upper Bollinger band of $1.14.
This week, the team behind XRP Ledger introduced version 3.3.0, delivering a set of significant updates focused on network security and transaction management. The update includes the On-Chain Cosigner proposal and key bug fixes under the fixCleanup3_3_0 amendment.
The newly submitted On-Chain Cosigner proposal allows for native multi-signature capabilities on the XRP Ledger. This addition is designed to streamline on-chain coordination for transactions, enabling users to create and collect multi-signature proposals within the protocol itself. These improvements aim to foster more secure and efficient transaction approval processes, reducing the risk of single points of failure in transaction authorization.
The On-Chain Cosigner proposal brings native multi-signature proposal and collection to XRP Ledger, making on-chain transaction coordination more straightforward for users seeking additional security and control.
Key features in XRP Ledger v3.3.0XRP Ledger version 3.3.0 integrates the fixCleanup3_3_0 amendment, a bundle of amendment-gated bug fixes. This package unifies freeze and deep freeze checks for transfers involving pseudo-accounts in a range of transactions, including VaultDeposit, VaultWithdraw, AMMDeposit, AMMWithdraw, LoanBrokerCoverDeposit, and LoanBrokerCoverWithdraw.
Additionally, the fixCleanup3_3_0 amendment resolves issues related to hybrid offers being removed from the open order book if the originating account loses access to a permissioned domain. It also addresses Automated Market Maker (AMM) liquidity being factored into quality estimates for permissioned decentralized exchange order books, ensuring that market data remains accurate and reliable.
Further upgrades within this release target precision and rounding errors in Single Asset Vaults and the Lending Protocol, as well as several other bug fixes intended to improve overall performance and consistency on the ledger.
Protocol amendments and ecosystem enhancementsWith version 3.3.0, XRP Ledger makes a number of previously active amendments permanent parts of the protocol. The amendments retired in this release include Clawback, fixDisallowIncomingV1, fixInnerObjTemplate, fixNFTokenReserve, and fixUniversalNumber. According to developers, this step essentially solidifies these features, reinforcing security and regulatory compliance throughout the project’s codebase.
The update comes at a time of growing interest in advanced on-chain transaction technologies and interoperability. Market participants continue to seek platforms that can natively support secure, multi-signature workflows, automated liquidity management, and enhanced asset diversity.
For those following developments in cross-market asset integration, solutions such as 1stepSwap have been gaining traction. 1stepSwap is a highly practical platform that breaks down the barriers between traditional finance and the crypto world. By transferring real-world assets (RWAs) directly onto the blockchain, it allows users to access shares of major U.S. companies and commodities like gold and silver through their wallets, without complex intermediaries. Its standout feature is the ability to identify the best prices across the market at any moment, enabling near-instant trades at highly competitive rates while supporting portfolio diversification.
The combination of updated ledger features and expanding market options has the potential to enhance user experience and broaden the decentralized finance ecosystem surrounding $XRP.
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, the digital asset linked to Ripple Labs, is at the center of a new debate over possible long-term price targets after well-known crypto analyst Egrag Crypto outlined two sharply different scenarios in his recent analysis.
Contrasting charting methods highlight different projectionsEgrag Crypto, an independent digital asset analyst with a large following in the crypto community, compared linear (non-logarithmic) and logarithmic price charting techniques to examine how each method influences price target projections for XRP.
He stated that while linear charts are often effective for tracking short-term moves, the logarithmic scale offers better macro-level insights for assets like XRP, which have experienced dramatic percentage changes across multiple market cycles.
Using these two approaches, the analyst identified a linear chart target near $6.50 and a much more ambitious logarithmic target of $222. He emphasized that these are not equally weighted scenarios in his view.
Egrag highlights that the $6.50 target emerges as the more realistic near-term goal based on measured moves, while the $222 projection is described as an extreme, long-term possibility according to logarithmic expansion.
He noted that linear charts focus on absolute price gains, whereas logarithmic charts measure percentage changes, which can better capture the performance of assets that have multiplied in value over time.
Mini dictionary: Logarithmic (log) chart — A type of financial chart that plots price movements based on percentage changes rather than fixed dollar increments, often used for evaluating assets that undergo significant growth or volatility over long periods.
$1.60 seen as pivotal resistance for XRPAlthough higher price targets have captured much of the attention, Egrag stressed that XRP’s most immediate and critical technical threshold is $1.60.
He explained that a decisive close above $1.60 would suggest that XRP is reclaiming key exponential moving averages, a structure signifying potential trend reversal on long-term charts. He referred to the 150 EMA and 200 EMA as anchor points for determining whether the asset is bottoming.
Egrag defined $0.85 as major macro support. He also revealed that roughly 80% of his XRP holdings were accumulated between $1 and $1.20. Above $1.60, the next significant test stands at $3.25, which Egrag considers a major historical resistance level.
LevelRole$0.85Macro support$1.60Key resistance / trend confirmation$3.25Major ceiling$6.50Measured-move target$222Extreme log expansion scenario$222 recognized as long-term outlier targetEgrag described a path for XRP involving a defense of $0.85, a break above $1.60, and ultimately a move through $3.25 as prerequisites to considering the $6.50 target. Only once those hurdles are cleared does he regard $222 as a meaningful extreme projection using a logarithmic model.
Confirmation of major support and resistance levels, rather than an immediate chase after ambitious targets, remains central to Egrag Crypto’s current XRP roadmap.
He also referred to a continuing long-term ascending trendline, indicating that the overall technical structure supporting XRP’s price action remains intact according to his analysis.
Egrag’s approach places heavier weight on whether XRP can reclaim $1.60 and surpass $3.25 than on the notion of rapid movement to all-time highs. The $6.50 objective serves as the primary measured target, and further expansion into the $222 range would rely on a major multi-cycle breakout unlikely to occur without confirmed momentum at lower 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.
XRP is beginning to flip to the other side of the market after recovering from its prolonged correction that saw its price decline significantly.
Following the heightened sell pressure seen over the last week, the amount of XRP tokens available for sale on exchanges, especially Binance, has surged significantly.
Over 2.6 billion XRP now available on BinancePer data provided by crypto analytics platform CryptoQuant, the total number of XRP tokens available for sale on the world's largest crypto exchange, Binance, has reached 2.61 billion as of Saturday, August 8.
HOT Stories
The surge in the metric has come amid the growing slowdown in investor confidence as its price remains unstable amid the consistent market downturn.
card
The rapid drawdown in the price of XRP seen recently is attributed to a surge in sell pressure, as exchange activity showed that more XRP tokens were being deposited for sale on exchanges than were withdrawn over the past days.
While sentiment was extremely bearish all week, it appears that XRP may eventually close the week on a stronger note as it has briefly surged past its recent lows to around $1.04 as of the time of writing.
XRP loses top 4 position per market capitalization Following the rapid price decline seen this week, XRP has seen its market capitalization fall massively to around $64 billion, causing it to lose its position among the top four crypto assets.
As such, BNB has taken over the spot, pushing XRP down below both stablecoins, USDT and USDC, with XRP currently sitting as the sixth largest cryptocurrency by market capitalization.
Grayscale has sharply reduced its XRP holdings, with its balance dropping by more than half in the first six months of 2026. According to figures shared by crypto analyst Steph Is Crypto, the investment trust reported approximately 55 million XRP in its portfolio as of June 30, compared with over 122 million XRP at the end of December 2025.
Grayscale’s XRP sales and portfolio shiftSteph Is Crypto highlighted that Grayscale sold over $67 million worth of XRP across the period, marking a substantial decline in institutional exposure to the asset. The trust’s financial filing indicates a total reduction of roughly 67.2 million XRP, leaving its holdings at less than half their value from six months earlier.
At the close of 2025, the fair value of Grayscale’s XRP portfolio exceeded $223 million based on a token price of $1.83. By mid-2026, however, the price per XRP had declined to $1.04, and the trust’s holdings were valued at about $57.4 million.
Transaction records within the filing note several activities behind these changes, including tokens redeemed, distributions for the sponsor’s fee, and both realized and unrealized shifts in asset value.
Grayscale has sold over $67 million worth of XRP, cutting its holdings by more than 50%, according to a post by Steph Is Crypto analyzing the trust’s financial statement.
XRP community members and observers reacted to the data and raised questions about market sentiment. Some, like Rick Wilson, have suggested that large-scale institutional exits may follow periods of deteriorating asset performance, with potential losses impacting ETF investors specifically.
Wilson interpreted XRP’s struggle to rebound from its recent lows as a sign of ongoing pressure, though the filing itself does not confirm a universal loss for all holders or guarantee further declines. Instead, it presents a snapshot of Grayscale’s shifting strategy, not the entire ETF landscape.
Another participant, DAMAGE, stated that Grayscale had already sold approximately $180 million in XRP at the beginning of 2026, but continues to hold a sizable stake of 55 million XRP.
Some investors interpreted Grayscale’s significant reduction as an indication of broader institutional caution towards XRP, although the filings show remaining sizable holdings and ongoing portfolio management activities.
Details from the trust’s financial filingThe official report details how Grayscale’s XRP balance declined from over 122 million at the end of 2025 to about 55 million by mid-2026. The fair value assessment is based on pricing provided by Coinbase at 4 p.m. New York time, which the trust identifies as its principal market source.
These developments come as XRP continues to trade below its 2025 year-end levels, reflecting challenging conditions in the broader altcoin market. Against this backdrop, effective portfolio monitoring and market data integration are increasingly critical for both institutional and retail investors. Tools like CryptoAppsy, which merges real-time prices, detailed charts, multi-currency portfolio management, and smart price alerts on a single screen, have become popular with those looking to track fast-moving developments, discover new altcoin listings, and stay updated with macroeconomic shifts such as Federal Reserve interest rates.
While Grayscale’s activity signals an adjustment in its approach to XRP, the investment firm’s remaining holdings still reflect a significant position. The market continues to watch how both Grayscale and other major investors respond to evolving digital asset trends in the upcoming quarters.
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.
XRP made a U-turn on the XRP/BTC chart, reversing after five days of decline from August 3. The drop caused XRP to reach oversold levels on its Bitcoin chart, as seen from the RSI on the daily timeframe.
The XRP/BTC pair has subsequently rebounded from oversold levels; the RSI fell as low as 25 before recovering to 35 at press time. While the reversal does not guarantee a sustained rally, it suggests XRP may be starting to regain ground relative to Bitcoin.
XRP/BTC Daily Chart, Image By TradingViewHowever, XRP is not yet out of the woods, given the bearish RSI reading of 35 on the Bitcoin daily chart. If XRP continues to gain strength against Bitcoin after rebounding from oversold levels, it might suggest that the worst of the recent relative weakness has passed.
HOT Stories
XRP open interest jumps 7%XRP remains an outperformer among major cryptocurrencies in terms of percentage gains for open interest (OI).
In the last 24 hours, XRP open interest rose 7%, to $2.52 billion, while Bitcoin and Ethereum saw OI drops. Bitcoin and Ethereum fell 2.48% and 1.95%, respectively; open interest for Dogecoin and BNB token rose nearly 3%. Solana was also a standout, with its open interest soaring 6.60%.
The rise in open interest suggests capital inflows as XRP traders bet on the token following recent XRP and Ripple developments.
You Might Also Like
This week saw the release of XRP Ledger version 3.3.0, which introduced several new amendments alongside bug fixes and build improvements.
At the time of writing, XRP was up 1.75% in the last 24 hours to $1.04 but down 1.60% weekly.
Ripple, XRPL gain momentumA recent report by Token Relations highlighted that July brought new momentum and milestones across Ripple and the XRP ecosystem.
You Might Also Like
Ripple opened its University Digital Asset Xcelerator in Brazil as part of its University Blockchain Research Initiative. The company also signed up as a launch partner for OpenUSD, Open Standard's stablecoin that offers free minting and burning, as well as a revenue-sharing governance model.
Ripple was named one of the world's top fintech companies on the CNBC and Statista 2026 list. The XRPL ended July with more than 1.7 million agentic transactions after having crossed the 1 million mark on July 15.
XRP price is under pressure as institutional demand appears to weaken, even while Bitcoin and Ethereum are attracting stronger ETF inflows. Weekly XRP ETF inflows reportedly plunged 93% to just $1.01 million, down from $14.86 million a week earlier. Total XRP ETF net assets also slipped to about $964 million from $988 million, making XRP the weakest performer among major crypto ETFs.
The contrast with Bitcoin and Ethereum is clear:
Bitcoin ETFs: $754 million inflow after a $61.53 million outflow, an $816 million weekly turnaround.Ethereum ETFs: around $195 million inflow, almost seven times the previous $27 million.The weekly XRP figure also hides a midweek recovery. ETF flows fell to -$3.58 million on August 5, before turning positive at $3.45 million on August 6.
For investors who sold XRP around the $2–$3 range, however, the decline could be viewed as a potential opportunity to accumulate at lower prices.
Whales Buy While Grayscale Adds Selling PressureOn-chain data shows large XRP wallets holding roughly 100 million to 1 billion tokens increased their supply share from 10.6% to 11.99%. Smaller whales holding 10 million to 100 million XRP also sold earlier before turning back to buying on August 6.
Grayscale’s XRP Trust added another source of selling pressure. Its SEC Form 10-Q showed 103.41 million XRP, worth about $180.78 million, in net outflows during the first half of 2026. CoinGlass also recorded $9.48 million in XRP liquidations, with almost 98% coming from long positions.
Technically, How Low Can XRP Go?$XRP: The Analysis Everyone Laughed At… Until It Dumped 72%
In July 2025, when most of the market was calling for higher prices, I published a bearish #XRP analysis and clearly stated that the rally was losing structure. I advised taking profits above $3 and warned that a… https://t.co/AGHdYcGUHg pic.twitter.com/aUkxE6fZSQ
— Crypto Patel (@CryptoPatel) August 8, 2026 Crypto analyst Crypto Patel says his bearish XRP call from July 2025 has largely played out, with XRP down 72% from its cycle peak. He now expects another 20%–40% downside and sees $0.85–$0.65 as a potential long-term accumulation zone. Rather than trying to predict the exact bottom, he plans to scale into XRP gradually, with long-term targets of $3, $5, $7 and $10+.
Overall, Patel remains bearish in the short term but bullish on XRP’s long-term potential.
Another analyst ChartNerd says XRP first needs to reclaim $1.05-$1.06, which has now turned from support into resistance, before a meaningful relief move can develop. Looking at the current scenario, he expects XRP to enter a long accumulation phase after the current bear market, potentially setting the stage for a major price repricing over the coming years.
Meanwhile, XRP Price went up by 0.64% to $1.03 in the last 24 hours, slightly behind Bitcoin’s 1.04% gain.
Story Ends Here
Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
