Japan faces ongoing financial pressures that go beyond its large national debt, with liquidity management emerging as a critical issue, according to crypto analyst Egrag Crypto. In comments shared on X, Egrag highlighted that Japan owns substantial foreign assets but continues to struggle with defending the yen and financing its domestic bond market.
Liquidity, Not Just Debt, At the Center of ConcernEgrag argued that the country’s core monetary challenge lies in how efficiently liquidity is handled across markets and currencies, rather than the overall level of debt. Japanese banks and institutions routinely maintain balances in multiple currencies and jurisdictions, a practice known as “prefunding,” in order to enable seamless international payments.
This prefunding approach keeps significant capital spread out in foreign accounts, supporting cross-border transactions but ultimately making it harder for institutions to deploy those funds productively. Egrag noted that this system may limit the efficiency with which Japan utilizes its available capital.
He explained that while Japan continues to manage a complex currency environment, optimizing liquidity movement may offer substantial benefits to the financial system.
Japan owns enormous foreign assets while simultaneously struggling to defend its currency and finance its domestic bond market. Under the traditional model, Japanese banks and institutions hold balances in multiple currencies to facilitate payments across borders, creating inefficiencies and tying up valuable capital.
XRP Proposed as Settlement BridgeDiscussing alternative solutions, Egrag presented XRP as a technology that could enable on-demand cross-border payments. He stated that, under current practice, the so-called yen carry trade involves borrowing yen, selling it, and acquiring foreign assets—meaning liquidity is committed in advance. By contrast, XRP could be used as a bridge currency, allowing the transfer of value only when an actual transaction is processed.
Applying an on-demand model, institutions would keep more capital where it is productive, acquiring XRP only at the time of payment and converting it through the XRP Ledger to the target currency. This method could let financial institutions quickly move value between currencies without maintaining large balances overseas.
Egrag claimed this structure shifts liquidity management from a borrowing-based approach toward settlement-driven efficiency, freeing up funds otherwise reserved for prefunding. Such efficiency gains have potential appeal for institutions managing large-scale payments and international trade.
This aligns with the growing emphasis on real-time market monitoring and rapid response to global financial developments. Investors and institutions seeking a more streamlined approach are increasingly turning to integrated platforms. CryptoAppsy, for instance, eliminates the need for account creation and consolidates crypto investments, real-time price tracking, and portfolio management. With its features like smart price alerts, customizable news filters, and instant discovery of new altcoins, users can closely monitor crucial macroeconomic data—including Fed interest rates—while staying ahead of market trends.
XRP Not a Solution for Japan’s DebtEgrag emphasized that integrating XRP would not resolve Japan’s government debt, change interest rates, or directly strengthen the yen. Instead, the focus remains on enhancing the infrastructure for cross-border payments and improving capital efficiency.
He explained that faster settlement with XRP could let institutions reuse liquidity more rapidly, potentially reducing capital trapped in payment processes. However, adopting such a system would require significant development, including regulatory oversight, robust XRP liquidity, secure custody solutions, and seamless integration with Japanese financial institutions.
The aim is not to replace the yen with XRP but to use it as a neutral bridge, allowing Japanese institutions to connect efficiently to other currencies for settlement, thereby reducing the need to lock up capital in advance for cross-border transactions.
Egrag concluded that Japan’s primary task is to improve how liquidity flows through its financial system. Utilizing technologies like XRP for settlement could address these challenges by minimizing reliance on prefunded foreign currency accounts while leaving Japan’s broader fiscal structure unchanged.
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.
Ripple‘s full regulatory authorization from Luxembourg’s financial regulator in July underscored the company’s position at the cutting edge of fintech and digital assets.
What Ripple’s EU License Actually Unlocks?According to a Ripple blog post on Wednesday, the company received its Crypto Asset Service Provider license from Luxembourg’s regulatory body CSSF.
It is now one of the few digital asset firms with full MiCA authorization, pushing its total global regulatory licenses past 75.
Ripple’s own 2026 Global Digital Asset Survey found 72% of European fintechs believe digital asset solutions will become a required offering for financial institutions.
Another 44% expect stablecoins to become the default for cross-border payments within five years.
Regulatory clarity was the top concern holding firms back, making the CASP authorization a direct unlock for institutions considering Ripple as a partner.
Meanwhile, BBVA built digital asset custody for retail customers in Spain on Ripple’s infrastructure.
Moreover DZ BANK, Germany’s largest depository bank with €350 billion in assets under custody, launched one of the country’s first institutional digital asset custody platforms on the same rails.
Ripple Payments now supports payouts across 60-plus markets on 51 real-time payment rails, backed by 20-plus banking partners and over $100 billion in total volume processed.
Why XRP Is Still Falling Despite The Good News?
XRP ETFs recorded a $3.58 million net outflow on August 5, the first negative session since July 8, according to SoSoValue.
XRP (CRYPTO: XRP) is down on Thursday after the two-month descending triangle broke cleanly through the $1.05 floor.
That level now flips to resistance on any bounce attempt, with the Supertrend bearish at $1.1365 and all four EMAs stacked overhead as a wall of resistance.
The measured move from the triangle breakdown targets $0.90 to $0.92. The $1 psychological level is the first stop.
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XRP has entered a new accumulation phase, according to on-chain data that shows significant shifts in exchange flows on major trading platforms. Recent analysis suggests that withdrawal volumes from exchanges now exceed deposits, a development that has historically aligned with previous XRP price rallies.
Shifting exchange flows signal accumulationMarket analyst Xaif Crypto reported that exchange wallet balances for XRP have turned negative, indicating net outflows from platforms such as Coinbase and Bybit. This reversal marks a departure from previous periods when inflows surpassed withdrawals. Observers note that similar patterns appeared before major rallies in May and June.
According to CoinCodex, XRP is currently trading in a narrow range between $1.05 and $1.07, with the latest listing at $1.05. While price action remains subdued, analysts highlight that sustained outflows could indicate growing investor confidence as holders transfer assets from exchanges into private wallets or long-term storage, thereby reducing the token’s liquid supply.
Market analyst Xaif Crypto identified that “the current exchange flow setup for XRP closely mirrors the structure in place before the May and June advances, when steady outflows preceded renewed buying momentum.”
Large exchange inflows often signal that investors are preparing to sell, increasing supply and potential selling pressure. In contrast, persistent outflows may point to accumulating positions or a shift to long-term custody as participants seek to avoid short-term trading.
ExchangePrevious trendCurrent trendCoinbaseNet inflowsNet outflowsBybitNet inflowsNet outflowsExtended price stability and network growthXRP has demonstrated notable price resilience, maintaining a position above $1 for 627 straight days—longer than any previous period in its history. This sustained level, analysts say, reinforces market confidence and supports the narrative of an underlying supply crunch.
In addition to exchange flows, XRPL activity accelerated recently, processing almost 2 million transactions in a single day, which many consider a sign of robust network engagement and adoption.
The XRP Ledger, an open-source public blockchain designed for fast cross-border payments, processed approximately 1.98 million transactions over the past 24 hours. Elevated transaction volumes suggest that utility and network usage remain strong, even as the token consolidates in a narrow price range.
Mini dictionary: XRP Ledger (XRPL), a decentralized blockchain network that enables real-time, low-cost international settlements and asset transfers.
Institutional perspective on long-term valueSagar Shah, Chief Business Officer at Evernorth, stated that XRP’s value proposition reaches beyond short-term price volatility. He pointed to its primary role in facilitating efficient, low-fee, cross-border transactions and supporting infrastructure for financial institutions worldwide.
Shah emphasized that adoption and utility remain significant drivers of the token’s long-term value, as consistent network performance and institutional use cases could create a more stable environment for future growth.
While it remains uncertain whether current exchange outflows will result in another breakout, many market participants see XRPL network expansion, dwindling liquid supply, and persistent price stability as constructive signs for $XRP’s future performance.
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 ProShares Ultra XRP ETF (UXRP), a leveraged exchange-traded fund seeking to deliver double the daily performance of the Bloomberg XRP Index, has fallen sharply since its launch in July 2025. The fund has declined more than 94%, reflecting ongoing challenges for XRP-focused investment products.
UXRP struggles highlight razor-sharp risks of leverageAs of early August 2026, UXRP was trading around $10.30, marking a steep drop of approximately 95.5% from its 52-week high of $231.20. This plunge outpaced XRP’s own slide, as the digital asset hovered around $1, according to CoinGecko.
UXRP is structured to magnify XRP’s daily price changes using derivatives. Unlike traditional ETFs, leveraged funds like this are specifically tailored for daily trading and are not suited to long-term investors. The ETF’s leverage resets at the end of each trading day, which can lead to long-term performance diverging sharply from the underlying cryptocurrency.
This divergence results from volatility drag—also called beta slippage—where leveraged ETFs lose ground in unsettled or sideways trading conditions.
Mini dictionary: Volatility drag (beta slippage), a compounding effect in leveraged ETFs where returns trail both the leveraged and unleveraged assets when market conditions are volatile, due to the daily resetting of leverage.
UXRP amplifies XRP’s daily moves via derivatives, but its long-term performance can lag far behind XRP itself due to volatility drag—making it unsuitable for buy-and-hold investors.
Leveraged ETFs like UXRP are widely used by active traders or quantitative investors seeking to capitalize on short-term price swings. Despite this, a niche group of retail traders and traders involved in the Financial Independence, Retire Early (FIRE) movement have occasionally chosen to hold leveraged funds, sometimes achieving outsized gains in bull markets, like those seen with the TQQQ (3x leveraged Nasdaq-100 ETF) from 2010 to 2021. However, leveraged funds can underperform over time if markets remain volatile or move against their position.
ETFLeverageLatest Price52-Week High% Decline from HighUXRP2x$10.30$231.2095.5%XRPNone~$1.00——Spot XRP ETFs experience tough year as market weakensSpot XRP ETFs have also suffered throughout 2026, in line with broad weakness in the digital asset market. The arrival and approval of these spot ETFs in late 2025 was regarded as a landmark in cryptocurrency regulation, giving both institutional and retail investors regulated access to XRP without having to manage digital wallets or private keys.
Since their rollout, spot XRP ETFs have attracted $1.5 billion in cumulative initial inflows. Despite healthy early interest, the subsequent downturn in XRP’s price has put significant pressure on these products.
All leading spot XRP ETFs have posted year-to-date losses of more than 40% as of August 2026, with the market downturn affecting all major players.
The Bitwise XRP ETF, holding about $304 million in assets under management, has dropped around 43.2% since the start of the year. Canary Capital’s XRPC fund, which manages nearly $248.9 million, has also lost about 40.4% year-to-date.
Spot ETFAUMYTD ChangeBitwise XRP ETF$304 million-43.2%Canary Capital XRPC$248.9 million-40.4%Despite the losses, these spot ETFs continue to attract modest inflows, indicating that some investors remain optimistic or are averaging down in anticipation of a market 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.
Bitcoin recorded modest gains on Thursday, moving in line with the broader cryptocurrency market while US equities hovered close to record highs. Investors kept a close watch on macroeconomic trends ahead of the Federal Reserve’s September meeting, as sentiment remained cautious across both risk assets and digital currencies.
Bitcoin’s price action and correlation with equitiesThe world’s largest cryptocurrency advanced 0.22% in the past 24 hours, trading around $64,684. The CoinMarketCap 20 Index, tracking the performance of top cryptocurrencies, increased by 0.33%.
Meanwhile, the S&P 500 index held steady after notching fresh record highs earlier in the week. At the same time, markets continued to monitor developments on geopolitics, including the possibility of an agreement to reopen the Strait of Hormuz.
Despite the minor uptick in Bitcoin’s daily price, its medium-term performance has lagged far behind US equities.
Thahbib Rahman, a research analyst at Block Scholes, noted that Bitcoin has not matched the surge in equities over recent months.
Bitcoin (BTC) has not enjoyed the same bullish record headlines, being stuck at around $63,500. It remains well below its own all-time highs, and the gap with equities has become more stark. Since the start of 2025 the S&P 500 has returned over 25%, while BTC is down nearly 35%, with the divergence widening through the latest equity rally.
Rahman emphasized, however, that the divergence does not indicate a fundamental change in Bitcoin’s relationship with traditional risk assets. The 90-day rolling correlation between Bitcoin and the S&P 500 has stayed elevated at about 45%. In his view, Bitcoin simply captured less upside during recent rallies but fell more decisively during downturns.
AssetYTD Return (2025)Correlation (90-day)Bitcoin-35%45%S&P 500+25%45%Futures outlook and derivatives activityDerivatives data indicated a shift in sentiment, suggesting a more constructive outlook for Bitcoin among traders. For the first time in at least a week, the long-short taker volume ratio turned positive, with long positions representing nearly 61% of market orders.
Bitcoin futures open interest edged up to approximately 759,000 BTC. Still, analysts observed that increases of this kind, seen since June, have generally been short-lived, with open interest frequently falling back toward 740,000 BTC.
In the options market, traders purchased substantial bullish call options at higher strike prices. The $80,000 and $96,000 Bitcoin call options ranked among the most actively traded contracts on Deribit, hinting at optimism for a potential rally.
Mini dictionary: Block Scholes is a research and analytics firm focused on digital asset markets, providing data-driven insights for institutional investors and traders.
Mixed performance across altcoinsAltcoins showed varied results through the last day. XRP slipped 1.8% to about $1.04, marking its lowest price since early July. Open interest in XRP futures climbed 1.7% to 2.35 billion tokens, signaling robust activity even as the token weakened.
Ethereum gained 1.5%, accompanied by a 0.53% increase in open interest to $26.77 billion.
Solana saw another drop in leveraged positions, with futures open interest declining again to 61.31 million tokens, compared to highs above 76.5 million recorded in late June.
Impact of monetary policy and outlookAnalysts at Block Scholes identified expectations around US monetary policy as a key factor limiting activity in digital asset markets.
Rahman explained that the Federal Reserve’s decision not to raise rates during the latest FOMC meeting failed to spark significant momentum in cryptocurrencies, a reaction he described as “muted relief.”
Seasonality in crypto volatility suggests that we should expect muted activity to continue ahead of the next FOMC meeting in September, given ongoing uncertainty around monetary policy and the upcoming Jackson Hole symposium, where Federal Reserve Chair Kevin Warsh has shown little readiness to provide forward guidance.
Despite the hold in interest rates, financial markets are now pricing in about a 65% chance of a 25-basis-point rate hike in September. Analysts suggested that typical summer trading patterns may lead to continued subdued volatility leading up to the next central bank decision.
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.
Jake Claver, CEO of Digital Ascension Group and a well-known commentator in cryptocurrency circles, has once again sparked debate within the XRP community by asserting that significant institutional entities are accumulating XRP, although these activities remain largely undisclosed to the public. Claver stated that, should XRP become core infrastructure for international finance, its current price will pale in comparison to potential future valuations.
Controversial track recordClaver’s history of XRP price projections has attracted skepticism, especially after high-profile predictions fell substantially short. Throughout 2025, Claver publicly predicted XRP would reach $100 by year’s end; however, the token concluded the year near $1.87, a figure nearly 98% below his target.
Despite the missed forecast, Claver maintained his outlook, attributing the gap to extended timelines and referencing Ripple’s multi-year efforts as evidence that global financial infrastructure gains are slow. He did not withdraw his position, but instead escalated his claims for 2026, highlighting recent comments from Ripple President Monica Long about advancing institutional adoption. Claver set new targets of $750, and even suggested that XRP could attain $1,500 to $2,000 by the close of the year, with an ultimate long-term target of $1 million per token, if global financial transformation takes place.
Major institutions are accumulating XRP without saying much about it publicly. If XRP becomes core infrastructure for international finance, the current price won’t look like much in hindsight.
Claver’s recent remarks received a polarized response online. Some community members were openly critical, with one individual remarking that previous predictions have missed the mark, reducing the weight of current claims. Another commenter described sacrificing over nine years based on XRP’s potential, sharing frustration over the prolonged wait and personal impact.
Others responded by referencing XRP’s current price, sharing screenshots of the token trading at $1.075 and expressing disappointment. Critics also reminded Claver of past price targets of $1,000 set for December 2025, highlighting the significant gap between prediction and reality.
Support from certain quarters remained, however, with one commentator suggesting Claver should refer to XRP’s future in more certain terms, while others debated the implications of phrasing such as “if” rather than “when” regarding XRP’s role in the financial system.
Institutional signals and market monitoring toolsClaver holds that institutions may be steadily building positions in XRP away from public attention. Reports have cited Ripple’s 1,700 non-disclosure agreements with banks, governments, and large corporations as evidence of institutional readiness and market potential. If these arrangements translate into widespread adoption, proponents argue that demand for XRP could rise sharply, even if such effects have yet to be reflected in current trading levels.
For those tracking real-time developments and price swings in assets like XRP, comprehensive monitoring tools become essential. CryptoAppsy, for instance, offers users multi-currency portfolio management alongside real-time pricing, interactive charts, and customizable news filters. With features like macroeconomic data tracking and smart price alerts, market participants can monitor potential breakouts, track institutional signals, and react quickly to shifting trends, aiming to stay ahead in a rapidly evolving sector.
Ripple’s engagement via extensive non-disclosure agreements may indicate large-scale institutional involvement behind the scenes, a factor closely watched by those anticipating future market moves.
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.
Large XRP holders are continuing to accumulate tokens as prices hover in the $1.00 to $1.20 range, according to blockchain analytics firm CryptoQuant. The company reported that a neutral flow in spot market orders suggests quiet absorption by these major investors, signaling a period of steady accumulation rather than panic selling.
Whale activity and order flowCryptoQuant observed that the biggest XRP cohorts have been adding to their positions while spot order sizes remain dominated by these large investors, or “whales.” Julio Moreno, CryptoQuant’s head of research, wrote that this buying trend helps to alleviate downward price pressure and typically aligns with the market’s final bear cycle phase.
“This positioning lowers downside pressure and is consistent with the final phase of the cycle’s decline,” Moreno noted in the firm’s recent weekly report.
Despite holding near a $66 billion market capitalization, XRP’s 90-day taker cumulative volume delta—a measure that captures the net aggressive buying or selling—has moved to neutral. CryptoQuant identified this as evidence of a calm market environment where significant investors are holding steady, neither forcing prices lower nor initiating a breakout to the upside.
Mini dictionary: Taker cumulative volume delta (CVD), a metric that calculates the sum of aggressive market buys versus market sells over a period, providing insights into whether buying or selling pressure dominates in a market.
On-chain trends and technical analysisXRP’s realized price, which reflects the average value investors paid for their holdings, stands at approximately $0.75, compared to the current spot price near $1.10. CryptoQuant described this situation as typical of a “late-bear-market zone,” in which the spot price remains higher than the realized price but does not signal the start of a new uptrend.
At the time of reporting, XRP traded at $1.05 on Binance, down 1.4% for the day. The price has settled into a flat, consolidating pattern rather than experiencing a sharp decline, reinforcing the view that the market is stabilizing rather than capitulating.
Technical indicatorsAn analysis of XRP’s daily chart shows that the 50-day exponential moving average (EMA) remains below the 200-day EMA, forming a “death cross,” which many traders interpret as a bearish signal. The token’s current price continues to trade below both moving averages, positioning it within the consolidation zone between $1.30 and $1.60. While a death cross traditionally signals ongoing bearish momentum, it is also regarded as a lagging indicator confirming the current downward trend.
Other technical measures such as the relative strength index (RSI) and the average directional index (ADX) suggest muted momentum. With an RSI reading of 39.5 and an ADX level of 10.4, analysts see little indication of strong trend direction, with volatility remaining compressed.
IndicatorValueInterpretation50-day EMABelow 200-day EMABearish (death cross)RSI39.5Weak momentum, below bullish thresholdADX10.4No strong trendRealized Price$0.75Below market priceCurrent Price$1.05StabilizingSupport, resistance, and outlookAnalysts indicated that XRP is exhibiting a basing pattern typical of the late phase in a bear market, with prices consolidating after falling from around $2.20 in early 2026 to current levels near $1. CryptoQuant’s data show that whales are absorbing supply, not selling, which supports the view of a potential bottoming range rather than a further breakdown.
However, there is still no technical confirmation of a market rebound. A daily close above the 200-day EMA, which currently sits near $1.12, would signal a potential shift in momentum and validate the ongoing accumulation phase.
Support remains at $1.04, the lower boundary of the consolidation range. A break below this level could see XRP test support at $0.9167, with further downside risk to $0.8358. On the upside, resistance lies at the $1.1145 Fibonacci level, with a more significant barrier at $1.60.
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, one of the most popular altcoins, is attracting attention due to whale transfer activity, particularly on Binance.
CryptoQuant, a cryptocurrency analysis platform, has reported a significant increase in the influence of large whales on Binance for XRP transfers.
According to CryptoQuant data, the seven-day moving average of whale dominance in XRP outflows from Binance rose to 81% on August 3rd. This was the second highest level the indicator has reached since June 11th, when it was 81.3%.
On the same date, the share of outflows by individual investors on Binance decreased to 18 percent. This rate was equal to the level seen on June 11th.
The data showed that approximately four-fifths of XRP outflows from Binance originated from whale-sized transfers, while less than one-fifth came from individual investors.
However, a more balanced distribution was observed across all centralized cryptocurrency exchanges. As of August 3rd, whale dominance in XRP outflows across all centralized exchanges stood at 72%, while individual investors’ share was measured at 27%.
Thus, whale dominance on Binance was approximately 9 points higher than the overall average for centralized exchanges. Individual investors’ share, on the other hand, remained 9 points lower than the overall market average on Binance.
CryptoQuant also noted a change in the XRP outflow pattern across centralized exchanges compared to July 2nd. During this period, whale dominance decreased from 79% to 72%, while the share of individual investors increased from 20% to 27%.
This shift indicates that XRP outflows across the general market are less concentrated among large investors, while signaling a resurgence in whale participation on Binance.
According to CryptoQuant, the divergence between the two datasets reveals an exchange-specific shift in the structure of XRP transfers. Large investors account for a significantly higher share of Binance withdrawals compared to centralized exchanges in general.
*This is not investment advice.
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Bitcoin and XRP Price movements remained cautious Thursday as traders awaited a crucial Senate vote on the CLARITY Act. Bitcoin price was trading above $64,400, and XRP price was around $1.05 and the selling pressure persisted.
Ethereum price remained over $1,900 with the overall market consolidating. Risk appetite was also held back in markets due to geopolitical uncertainty surrounding Hormuz shipping negotiations.
What’s Next for Bitcoin and XRP Price Ahead of Senate Clarity Vote Today? The Clarity Act Senate vote has the potential to influence the short-term sentiment of big cryptocurrencies. This requires 60 votes, whereas the actual number is 44 in favor and 56 against. That disconnection has raised worries over rejection of bills before legislators go on recess.
Senator Cynthia Lummis mentioned that she is still negotiating with Democrats, particularly on unresolved ethics provisions. She also stated that the safety measures offered are more than the last presidential ethics pledges.
JUST IN: 🚨So No CLARITY Act vote scheduled for today.
A vote before the August now looks very unlikely, with no closure filed just yet.
We will likely have to now wait for a few months
— Crypto Tony (@CryptoTony__) August 6, 2026
Time is a constraint since no cloture resolution has been provided. John Thune, who leads the majority in the Senate, has to move fast to leave any hope of a floor vote.
Bitcoin And XRP Price Prediction: Key Levels To Watch XRP and Bitcoin prices are poised to gain further as long as the current support levels hold. XRP price is trading around $1.04 and has an immediate resistance at $1.08. An established breakout may drive the price to reach $1.12, and then to $1.18. However, failure to stay above $1.00 may expose XRP to $0.96 and $0.92 support levels.
Source: TradingView Bitcoin price is trading above $64,400 and it is gaining new strength in the wider market. The upside target is close to $66,000, and the upward target is $68,500 in case the momentum is positive.
Another higher breakout of more than $68,500 may create the way to $70,000. On the downside, Bitcoin must protect the $63,500 support zone. A failure to maintain that level can lead to a pullback to $61,800.
Bitcoin ETFs Attract $244 Million While XRP Funds Record Outflows Bitcoin ETF market registered 244.42 million in net inflows on a daily basis. BlackRock’s IBIT led demand with $196.83 million, while ARKB added $37.63 million. Total Bitcoin ETF assets reached $79.21 billion, representing 6.09% of Bitcoin’s market value.
Source: Sosovalue data XRP ETFs saw varied performances with a net outflow of $3.58 million per day. The full decline was attributed to the XRP fund of Bitwise. XRP ETF assets stood at $993.38 million, equal to 1.49% of XRP’s market capitalization.
On-chain data reveals that major XRP holders have continued building positions throughout the recent market decline, even as prices remained range-bound. At the same time, Ethereum metrics highlight more evident paper losses among its broader holder base compared with Bitcoin and XRP.
According to analysis from CryptoQuant, average spot order sizes for XRP have stayed within the firm’s “big whale” category while the token traded between roughly $1.00 and $1.20.
The 90-day taker cumulative volume delta has moved into neutral territory after earlier buy-side dominance.
This combination points to passive absorption of available supply rather than forceful market buying or outright capitulation.
Large participants appear to be steadily positioning without aggressively driving prices higher, creating what the firm describes as quiet accumulation within a potential basing range.
Ethereum presents a sharper valuation contrast.
The asset has been trading near $1,900, below its realized price of approximately $2,450.
Realized price estimates the average cost basis of all circulating coins based on their last on-chain movement.
This leaves the aggregate Ethereum holder community underwater on paper.
By comparison, Bitcoin has traded around $64,000, above its realized price near $52,900, while XRP sits near $1.10 against a realized level of about $0.75.
Among the three, Ethereum is the only one currently priced below the average purchase cost of its supply, placing it in what CryptoQuant identifies as a historically late-stage bear-market valuation zone.
Holder cohort data for Ethereum further illustrates divergence between large and smaller participants.
Addresses holding between 10,000 and 100,000 ETH have expanded their combined balances to record levels near 19.6 million tokens, up from about 14 million in mid-2025.
Mega-whale wallets controlling more than 100,000 ETH have added roughly 1.8 million tokens since the middle of 2025, an increase of around 70 percent that lifted their total from approximately 2.6 million to 4.6 million.
Meanwhile, the 1,000-to-10,000 ETH group has reduced holdings by about 2.7 million tokens since January, falling from a peak near 15.6 million to roughly 12.9 million.
This pattern reflects stronger hands absorbing supply from weaker ones during the downturn.Bitcoin whales, excluding exchange and mining-pool addresses, have also increased exposure.
Their balances rose through 2026 to about 3.06 million BTC after bottoming near 2.87 million in December 2025, with particularly strong buying when prices fell below $60,000 in June.
These holdings remain below the prior cycle peak near 3.23 million BTC.
CryptoQuant frames the overall activity—large cohorts adding supply as prices approach or fall below realized levels—as consistent with the final phase of a bear market.
Reduced downside pressure from concentrated ownership among larger holders improves the risk-reward profile.
However, the firm notes that pure valuation metrics still leave room for potential further declines before a durable floor is confirmed, with Ethereum’s position below its cost basis remaining a key watchpoint. These on-chain signals suggest selective smart-money accumulation amid broader market stress, though confirmation of a lasting bottom has yet to emerge.
According to Gemini, PI has the potential to skyrocket by 100x, but only under specific conditions.
Ripple’s cross-border token has fallen by 65% over the past year, while Pi Network’s PI and Cardano’s native cryptocurrency have crashed by around 73% over the same period. This has happened amid a prolonged bear market that has caused the entire market to bleed heavily.
Yet, many analysts believe that a new bull run may begin in the coming months, while the four-year cycle supports their theories. On that note, we asked three of the most popular AI-powered chatbots whether XRP, PI, or ADA will perform best when everything starts booming again.
XRP’s Chances According to Perplexity, Ripple’s cryptocurrency has the cleanest risk-adjusted setup to outperform during the next bull run. The chatbot claimed the asset is quite trending among institutional investors and noted that it is perhaps the most popular among the trio.
“XRP is favored to deliver the most consistent, risk-adjusted gains among the three, with a realistic path to new cycle highs if ETF and payments narratives stay hot,” it added.
Perplexity also reminded that Ripple’s legal battle with the US Securities and Exchange Commission (SEC) has long been resolved, and that the absence of regulatory uncertainty can only benefit XRP during a potential market uptrend.
Additionally, it highlighted the company’s global expansion, major investments, and strategic partnerships inked over the past several months that have solidified its presence in the financial and crypto sectors. One of the biggest acquisitions came in April 2025 when Ripple purchased the prime broker Hidden Road for $1.25 billion.
Examples of its broader international growth include the collaboration with the South Korean KBank, which plans to use Ripple’s network and infrastructure, as well as the entity’s ability to secure a MiCA license and continue its operations in the European Union.
ADA’s Potential ChatGPT agreed with Perplexity that XRP has the strongest institutional foundation. It noted that it is the largest cryptocurrency of the three with deeper liquidity but at the same time argued that it might find it difficult to achieve larger returns than ADA in a future bull run.
You may also like: XRP Forms Long-Term Pattern With $27 Price Target: Analyst Important Cardano News and ADA Price Update: August 5th Important Ripple News and XRP Price Update: August 4th OpenAI’s platform claimed that Cardano’s token could be the best overall bet after noting that a huge chunk of the total supply is already in circulation, which makes the risk of dilution less than with XRP and PI.
It predicted that in an “extreme euphoria” case, ADA could skyrocket to as high as $5. It is important to mention that the asset has enjoyed a solid revival over the past week, with its price rising by roughly 17%. Its positive performance comes on the back of whale accumulation and renewed interest from traders, while many analysts think a much more substantial upswing could be on the way.
PI: The Moonshot Bet Google’s Gemini claimed that XRP and ADA both have chances to rally hard during the next bull run, yet it set its attention on Pi Network’s cryptocurrency.
It said the controversial project has one of the largest community bases in the crypto world, adding that it has the potential to experience a whopping 100x explosion should it solve its ecosystem issues and get listed by the leading exchanges.
Recall that Binance hinted at such a move last year but has not yet done so. Coinbase, Bybit, and many other well-known names also prefer to stay away from PI at the moment.
A recent analysis has compared Stellar and XRP networks, focusing on wallet concentration and accessibility for investors seeking exposure ahead of anticipated institutional adoption of tokenized assets and settlement infrastructure.
Wallet Distribution and Entry BarriersBe Crypto Smart, a crypto-focused research channel, examined on-chain data and wallet distribution curves across both networks. According to the researcher, attaining a top-1% position on Stellar costs significantly less than on XRP. Specifically, a leading Stellar wallet in the top percentile holds about 12,444 XLM, currently valued at $2,072, based on a price of $0.165 per token. In contrast, matching this percentile on XRP requires approximately 44,967 XRP, worth $47,889 at a token price of $1.60.
The analysis does not characterize this gap as a reflection of community wealth, but rather as a function of the token’s price evolution and unique wallet distribution patterns. Stellar has around 11 million wallets, whereas XRP features about 8 million funded wallets, offering different opportunities for network engagement.
For those aiming for the top 10%, the hurdle stands at roughly 2,200 XLM, valued near $365, compared to 2,157 XRP, estimated at $2,297. The speaker noted that this structure potentially makes it easier for smaller investors to accumulate a prominent position in Stellar over time.
Concentration and Institutional ActivityBoth Stellar and XRP networks remain highly concentrated at the upper echelons. The analysis shows that 306 Stellar wallets holding at least 5 million XLM control 80.2% of circulating supply. On the XRP side, 518 wallets with at least 10 million XRP account for 78.1%.
It was emphasized that these figures require context, as some large wallets are owned by exchanges, foundations, custodians, and, for XRP, Ripple-managed escrow accounts. As a result, the freely tradable supply may be lower than it appears based solely on circulating supply statistics. The presenter argued that these conditions influence the accessibility and liquidity available to new entrants.
For Stellar, the presence of nearly 11 million wallets and more attainable thresholds for top-tier positions suggest a lower barrier for retail investors compared to XRP, where supply concentration and price dynamics make entry at higher levels more demanding.
On XRP, Ripple President Monica Long conveyed that institutional tokenization is at a tipping point, describing a potential dramatic increase in on-chain settlement as tokenized funds move from pilot phases to full-scale production. Further advancements include Ripple’s investments in XELO and Liquido, as well as tokenization of traditional assets like Aviva Investors’ dollar liquidity fund on the XRP Ledger and the launch of RLUSD, Ripple’s own stablecoin platform.
Stellar’s Prospects and Real-World AssetsOn the Stellar network, Be Crypto Smart cited reports of new institutional initiatives. Among them, a plan by the Depository Trust & Clearing Corporation (DTCC) to tokenize custodial assets on Stellar could launch in the first half of 2027. Additional upgrades involve recognition of new tier-one validators, including industry names such as MoneyGram and Figure Markets. Tradeable plans to bring up to $1 billion in tokenized private credit to Stellar, and the platform currently supports $3.0006 billion in tokenized real-world assets.
Increasing integration of real-world assets and sophisticated validators highlights Stellar’s push to solidify its role in asset tokenization, while XRP continues to align itself with large-scale institutional projects and liquidity provisions.
With increasing market attention on real-world asset tokenization trends, platforms like 1stepSwap have emerged to further blur the lines between traditional and digital finance. By allowing users to access shares of major US companies or commodities such as gold and silver directly through their wallets—without the involvement of intermediaries—1stepSwap streamlines portfolio diversification. The key feature of this platform is its capability to secure the best available prices across markets in real time, facilitating rapid transactions for top global equities and commodities.
Outlook Remains ConditionalBe Crypto Smart stressed that institutional validation and the onboarding of new validators do not automatically translate into higher token demand. The timeline for projects, such as the DTCC’s plans, was cited as a target rather than a guaranteed milestone.
As interest in tokenization and blockchain-based settlement continues, both Stellar and XRP offer distinct considerations for prospective investors, with current network concentration levels suggesting potential constraints and opportunities in the evolving market.
While major developments in validator participation and institutional announcements signal momentum, these factors alone have not settled the debate over long-term token demand, as market structure and execution timelines remain key variables.
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.
After a green July, the crypto market entered August against geopolitical and macroeconomic tension. Yet recent on-chain signals show smart money quietly positioning across the majors.
Large holders are adding Bitcoin (BTC), Ethereum (ETH), and XRP (XRP) as prices sit near or below their realized prices, according to CryptoQuant. The firm reads the buying as a sign that the downturn is in its final stage.
Whale Accumulation Continues Across Major CryptocurrenciesGlobal markets have pulled ahead while Bitcoin stalled. Equities set fresh records into early August, but Bitcoin held near $64,700, up just 1.5% from a week earlier.
Bitcoin (BTC) Price Performance. Source: BeInCrypto MarketsBeneath that flat price, the largest wallets kept buying. Bitcoin whale balances, excluding exchanges and mining pools, climbed to about 3.06 million BTC.
However, it still sits below the 2025 bull-market peak of roughly 3.23 million, leaving room for more accumulation.
Ethereum tells a sharper version of the same story. Wallets holding more than 100,000 ETH added about 1.8 million ETH since mid-2025, a rise of nearly 70%. Meanwhile, the 1,000-to-10,000 ETH cohort cut its holdings to 12.9 million from 15.6 million in January.
In XRP, order sizes remained in “big whale” territory while the token held its range near $1, suggesting absorption rather than aggressive buying. BeInCrypto also highlighted that XRP inflows to Binance have fallen to a record low.
Taken together, the on-chain data suggests whales are treating the current period as an accumulation opportunity. Beyond large-holder buying, adoption indicators are also improving.
Holder counts across major cryptocurrencies have climbed, reinforcing the view that network participation is expanding even as market sentiment remains cautious.
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🪜 Holder counts keep climbing. Over the past two weeks, Ethereum has crossed 200M non-empty wallets for the first time ever, XRP Ledger and USDC (on Ethereum) crossed 8M, and Chainlink… pic.twitter.com/12EAOpGCXx
— Santiment Intelligence (@SantimentData) July 28, 2026 CryptoQuant also noted that valuations are approaching historically undervalued levels. Bitcoin and XRP remain close to their realized prices of $52,900 and roughly $0.75, respectively.
Ethereum appears even more discounted, trading well below its realized price of about $2,450. According to the firm, such conditions suggest “late-bear-market zones.” Other signals also indicate the bear market may be approaching its final phase.
📊 The supply in profit is still hovering around 50%, standing at exactly 52% today.
This means that nearly half of all BTC are currently being held at a loss.
👉 This is a key pivot level that, during every bear market, eventually shifts to the side where more coins are held… pic.twitter.com/rugwJwQJyf
— Darkfost (@Darkfost_Coc) August 5, 2026 Why the Crypto Market Bottom Is Not Yet ConfirmedWhile accumulation lowers downside pressure, it does not confirm a floor. CryptoQuant stressed that prices could still fall further before the market turns.
“Risk-reward has improved markedly, but is not fully de-risked. Downside pressure is lower as large holders accumulate, signaling the last stage of the bear market — yet from a pure valuation standpoint, some further downside remains possible before a confirmed floor,” the report read.
Analysts elsewhere echo the mixed picture. Glassnode has described the bottom conditions as “assembling but incomplete.”
“Bottom signals assembling through boredom, not capitulation; still short of every prior bear’s floor,” the firm wrote.
For now, whales are buying weakness the market has yet to reward.
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Forge, the analytics platform built on Allora Network, has rolled out 15-minute realized volatility forecasting for four of the most heavily traded crypto pairs: BTC/USD, ETH/USD, SOL/USD, and XRP/USD.
What 15-minute realized volatility actually means The actual metric, realized volatility, measures the magnitude of price fluctuations over a specific historical window, expressed as a statistical value. It tells you how jumpy an asset has actually been, not how jumpy people expect it to be (that would be implied volatility). By compressing that measurement into 15-minute intervals, Forge is giving traders a near-real-time pulse on price action intensity.
Most volatility tools in crypto operate on daily or hourly timeframes. A 15-minute window is the kind of resolution that options market makers, algorithmic trading desks, and high-frequency strategies depend on.
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The four pairs Forge chose are not accidental. Bitcoin and Ethereum are the two largest digital assets by market capitalization. Solana has become a hub for DeFi and memecoin activity, generating enormous intraday volume. XRP remains one of the most actively traded assets globally, particularly on Asian exchanges.
Why Forge’s positioning on Allora matters Forge operates on Allora Network, a decentralized AI inference platform. Rather than relying on a single proprietary model running on centralized infrastructure, Allora’s architecture aggregates predictions from a network of competing models. The best-performing models get rewarded, creating an economic incentive for accuracy.
Multiple AI models submit their volatility forecasts, and the network synthesizes them using a mechanism designed to surface the most reliable signal. For Forge specifically, adding these volatility topics expands the platform beyond simple price prediction into risk analytics.
What this means for traders and the broader market For individual traders, especially those running intraday strategies, 15-minute volatility data can serve as a filter. High volatility windows might signal opportunity for momentum traders, while the same signal would tell mean-reversion traders to sit on their hands.
For institutional players and algorithmic desks, realized volatility at high frequency is a critical input for options pricing, delta hedging, and risk management models. As crypto derivatives markets continue to mature, with products on exchanges like Deribit, CME, and various DeFi protocols growing in sophistication, the demand for precise volatility inputs only increases.
The choice to launch with four assets rather than dozens also suggests a quality-over-quantity approach. Bitcoin’s volatility profile behaves differently than Solana’s, which trades with significantly higher beta and thinner order books during off-hours.
One risk to keep in mind: volatility forecasting models, no matter how sophisticated, struggle during true black swan events. The 15-minute window captures normal market dynamics well, but flash crashes, exchange outages, or sudden regulatory announcements can render any model temporarily useless.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
The ProShares Ultra XRP ETF (UXRP), which seeks to deliver twice the daily performance of the Bloomberg XRP Index, has plunged more than 94% since its debut in July 2025.
As of early August 2026, the fund is trading near $10.30, down roughly 95.5% from its 52-week peak of $231.20. Meanwhile, XRP is on the cusp of collapsing below $1, CoinGecko data shows.
UXRP is designed to amplify the cryptocurrency's daily price movements via derivatives. The keyword is daily. The fund resets its leverage every trading session, meaning its long-term returns can diverge dramatically from the underlying asset.
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This is known as volatility drag or beta slippage, which causes leveraged ETFs to lose value in choppy markets.
Leveraged ETFs (LETFs) are designed strictly as daily trading tools. However, a subculture of retail investors, quantitative traders, and FIRE (Financial Independence, Retire Early) enthusiasts hold funds like TQQQ (3x Nasdaq-100), UPRO (3x S&P 500). For instance, between 2010 and 2021, (one holding TQQQ long-term yielded staggering gains of over 10,000%.
Spot XRP ETFs also under pressure Spot XRP ETFs have also endured a difficult 2026 due to the poor state of the broader market.
The approval and rollout of spot XRP ETFs in late 2025 represented one of the industry's biggest regulatory milestones. They have attracted $1.5 billion in cumulative initial inflows as institutional and retail investors gained regulated access to XRP without managing wallets or private keys.
XRP entered a prolonged correction that weighed heavily on every major spot ETF. As of August, all leading products have posted year-to-date losses exceeding 40%.
The Bitwise XRP ETF manages approximately $304 million in assets under management despite falling roughly 43.2% year-to-date. Canary Capital's XRPC, with nearly $248.9 million in assets, has lost about 40.4%.
Despite these declines, spot ETFs continue to see rather healthy (albeit modest) inflows.
A new proposal submitted to the XRP Ledger Standards repository could fundamentally change how multi-signature transactions are handled on the network. The initiative, called On-Chain Cosigner, is part of the ripple:native Ledger Standards framework and was authored by Shawn Xie, Zhiyuan Wang, Chenna Keshava B S, and Mayukha Vadari, a software engineer at RippleX.
The Problem With the Current Design Multi-signature on the XRP Ledger is a security feature where multiple parties must jointly authorize transactions from a single account, with a shared account able to require multiple signers to approve a transaction before it can be submitted. The mechanic is widely used for treasury management and custodial services, but its current implementation has a meaningful operational gap.
Under the existing system, signers coordinate off-chain, meaning a single coordinator is responsible for collecting individual signatures and combining them into one submission. XRPL community member Vet has noted that if the coordinator loses signatures or goes offline during that process, the entire transaction can fail. The proposal identifies that off-chain dependency as the core weakness it is designed to address.
The On-Chain Cosigner proposal aims to improve multi-signature transaction coordination by enabling signers to approve transactions directly on-chain. By moving the collection and combination of signatures onto the ledger itself, the new design removes the single point of failure that currently sits with an off-chain coordinator.
What It Means for Institutional Users Multi-signature functionality on the XRP Ledger enables accounts to require multiple cryptographic signatures from different keys to authorize transactions, and this enterprise-grade feature serves crucial roles in organizational treasury management, personal security enhancement, and shared account control scenarios where no single party should have unilateral authorization. Supporters of the On-Chain Cosigner proposal argue the upgrade would directly strengthen those institutional workflows by making the signing process more resilient and predictable.
RippleX developer Mayukha Vadari has previously emphasized that the ledger's progress should be measured by long-term improvements like infrastructure, liquidity, and institutional readiness rather than just transaction volume. The On-Chain Cosigner proposal fits squarely within that philosophy, targeting a structural improvement rather than a headline feature.
The proposal has been formally submitted to the XRPL Standards repository and is now open for community review. No timeline for a vote or activation has been confirmed.
Sources:
XRP Academy: Multi-Signature Functionality on XRPL
Coinpaper: RippleX Dev Explains XRPL Upgrades Beyond Transaction Volume
XRP whales keep buying the dip, but ether shows deeper capitulation. (Unsplash+)Summary
Large XRP holders have continued accumulating the token throughout its slide from about $2.40 in January to roughly $1.00 to $1.20, a pattern CryptoQuant describes as quiet absorption rather than capitulation or a breakout.Ether is the only major token trading below its realized price, with the market around $1,900 versus an aggregate holder cost basis near $2,450, suggesting investors are underwater on paper even as Bitcoin and XRP trade above their realized prices.Onchain data show Ether and Bitcoin whales have been adding to holdings during the downturn, but CryptoQuant warns the market may still face one more leg lower before a durable floor is established, with Ether’s below-cost trading seen as the key metric to watch.Large XRP holders have kept buying through the token's slide from about $2.40 in January to the current $1.00 to $1.20 range, but they are doing it without lifting the market.
Data from onchain analysis firm CryptoQuant shows average spot order sizes have stayed in what the firm classifies as “big-whale” territory throughout 2026. At the same time, 90-day taker cumulative volume delta, which measures whether buyers or sellers are the aggressors in a trade, has drifted to neutral after a taker-buy-dominant start to the year.
Whales are a colloquial term for large holders of a token, whose buying and selling is watched closely because it tends to lead the wider market rather than follow it.
The firm calls this a quiet absorption and a basing range rather than capitulation or a confirmed breakout.
Ether is where the valuation case is strongest. It trades around $1,900 as of Thursday against a realized price near $2,450, meaning the aggregate cost basis of all coins sits above the current price and holders are underwater on paper. Bitcoin, by contrast, is roughly 17% above its $52,900 realized price, and XRP sits near $1.10 against about $0.75.
Ether's holder base is splitting, however. Wallets holding 10,000 to 100,000 ETH have risen from about 14 million ETH in mid-2025 to record highs near 19.6 million now.
Ether is the only major trading below what its holders paid. (Shaurya Malwa/CoinDesk)The 100,000-plus cohort fell to roughly 2.6 million ETH in mid-2025 before climbing to about 4.6 million by May 2026, an addition CryptoQuant put at roughly 1.8 million. The 1,000 to 10,000 cohort has gone the other way, peaking near 15.6 million ETH in January 2026 and falling to about 12.9 million since.
Bitcoin whales, excluding exchange and mining-pool addresses, bottomed near 2.87 million BTC in December 2025 and hold about 3.06 million now, buying hardest as price fell below $60,000 in June. That remains roughly 170,000 BTC below the 2025 bull-cycle peak near 3.23 million.
CryptoQuant calls this the last stage of the decline while stating plainly that valuation leaves room for one more leg lower before a floor is confirmed.
Ether below cost basis is the thing to watch. It is the only one of the three where the market has already capitulated on paper, and CryptoQuant noted ETH bottomed in early 2025 at a similar level and a similar distance from its lower band.
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The Evolution of the Crypto CEX Landscape: A Case Study on Binance
The Evolution of the Crypto CEX Landscape: A Case Study on Binance
Binance remains crypto’s leading exchange, expanding from spot and derivatives into RWAs, payments, savings, yield, and broader financial services.
Jun 29, 2026
Binance remains crypto’s leading exchange, expanding from spot and derivatives into RWAs, payments, savings, yield, and broader financial services.
Why it matters:
Binance remains crypto’s leading exchange, expanding from spot and derivatives into RWAs, payments, savings, yield, and broader financial services.
For most of 2026, Ripple [XRP] has been seeing real network usage, which has helped the price stay above $1. All this while, the altcoin’s price has struggled to recover from its all-time high of $3.84, which was reached nine years ago.
Capital inflows into the ecosystem have come from various fronts. Recently, XRP ETFs have shown signs of revival, but the real-world asset (RWA) sector seems to be the quiet driver of XRP Ledger activity. Here is why.
XRP ETFs show signs of revival in August In the month of July, XRP ETFs experienced weak inflows that were characterized by zero-flow and low-flow days. However, as the month came to an end, the products showed signs of revival.
Since the 29th of July, inflows have been positive for the past four consecutive days. Over these days, XRP ETFs have pulled more than $15 million in capital, with the largest inflow being $7.69 million.
Source: SoSoValue Still, looking at the broader picture, the XRP ETF inflows were below par. The monthly totals have been falling. Over the past three months, these ETFs pulled $219 million, a fraction of what flowed into the XRP Ledger.
So what else was the source of capital inflows?
A look into XRPL’s RWA market activity growth! During the past 90 days, XRP Ledger recorded net flows of more than $1.20 billion, including stablecoins. This placed XRP Ledger behind Hyperliquid’s [HYPE] HyperEVM, TRON [TRX], and Solana [SOL], respectively.
Apart from ETF inflows, the RWA sector played a quiet role as it gained momentum slowly.
That is, the represented tokenized asset value on the ledger exceeded $4.959 billion, a growth of 2%. This was about 1.25% of the total $398 billion in assets represented across all blockchains.
Despite XRPL’s small share of the overall RWA market, it represented considerably more capital than XRP ETFs. The capital dwarfs even the 3-month ETF inflows of $219 million.
Source: rwa.xyz On top of that, the number of RWA holders climbed over 25% over the past month, reaching 199. Additionally, stablecoin holders on the network rose to 60.24K.
In that case, it indicates that despite ETF inflows being back, the real institutional signal was the RWA activity building on the ledger itself.
All of these factors create a bigger demand for the native token since the economic impact is not one-to-one. This is because Ripple is simultaneously benefiting from XRP ETFs and as an RWA tokenization venue.
Final Summary XRP ETFs see four days of straight inflows, hinting at a potential return despite declining monthly totals. Ripple’s RWA holder increased by 25% as tokenized assets on the ledger nearly reached $5 billion.
On-chain data analysis platform CryptoQuant has reported that investors known as “whales,” who hold large amounts of assets in Bitcoin (BTC), Ethereum (ETH), and XRP, have recently increased their holdings. According to the company, this trend indicates that the cryptocurrency market may be approaching the final stage of its long-running bear cycle.
According to an analysis shared by CryptoQuant, it has been noted that historically, a significant indicator is when large investors buy rather than sell during periods of continued price decline. Similar movements have been observed in past market cycles when long-term investors believed prices had reached attractive levels.
However, the analytics firm emphasized that the current data alone is not sufficient to confirm the market bottom. According to CryptoQuant, while whales buying is considered a positive signal, Bitcoin, Ethereum, and XRP prices may fall further before a bottom formation is finalized. Therefore, investors should be cautious about short-term fluctuations.
Experts note that the accumulation process of whales is often part of a long-term investment strategy. Large investors prefer to buy at low prices during periods when fear dominates the markets, while individual investors often act more cautiously due to uncertainty. This is a common characteristic observed many times in the final stages of market cycles in the past.
CryptoQuant noted that while there are signs that the bear market may be approaching its final phase, macroeconomic developments and global liquidity conditions will continue to be decisive factors in price movements. In particular, central bank monetary policies, regulatory developments, and the attitude of institutional investors towards the market are among the main factors influencing the direction of crypto assets.
*This is not investment advice.
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A new technical proposal aims to overhaul how multi-signature transactions are managed on the XRP Ledger, targeting a long-standing coordination challenge for institutional and enterprise users.
XRPL ‘On-Chain Cosigner’ proposal introducedThe “On-Chain Cosigner” proposal, submitted to the XRP Ledger Standards repository, seeks to enable native on-chain coordination for multi-signature (multisig) approvals. Its authors—Shawn Xie, Zhiyuan Wang, Chenna Keshava B S, and Mayukha Vadari—say it would eliminate the need for communication through external channels and centralized coordinators.
Currently, the XRP Ledger already allows for multi-signature transactions. However, according to the proposal, the process forces participants to coordinate and collect each signature off-chain, commonly through email or other means. This introduces additional points of failure and can complicate enterprise workflows.
On most blockchain networks, including current XRPL implementations, multi-signers are required to coordinate signatures off-chain or use smart contracts. Native on-chain coordination would offer a completely decentralized solution.
Prominent community member Vet emphasized that this proposal would address “the last mile” problem in XRPL’s multisig approach, streamlining both security and user experience for institutions controlling large pools of funds.
How the new system would workIf adopted as an official amendment, the proposal outlines a process where a participant creates a TransactionProposal object directly on the XRP Ledger. This object, containing the full transaction payload, would be permanently stored on-chain, making the transaction immutable and visible to all authorized signers.
Each party could then review the transaction and add their cryptographic signature directly on-chain. Signatures would be validated in real time as they are submitted, allowing the approvals to accumulate within the proposal object itself.
When enough signatures have been collected to meet the required threshold, any participating signer could broadcast the completed transaction to the network for execution. There would be no need for any additional manual assembly or communication to complete the process.
Mini dictionary: On-chain multi-signature (multisig) refers to the process of authorizing a transaction by having multiple private keys sign off, with all coordination and recordkeeping happening directly on the blockchain itself rather than through external, off-chain processes.
Institutional focus and next stepsThe proposal particularly targets enterprise and institutional users, who often operate in regulated environments with strict custody requirements. By keeping the entire approval workflow on-chain, the system reduces risks tied to communication failures, lost signatures, or coordinators going offline.
Proponents argue this upgrade would not only enhance security but also improve efficiency for complex financial operations such as fund custody, asset management, and treasury activities.
If the amendment is adopted, organizations using the XRP Ledger would be able to structure their transaction approval workflows in a more streamlined and robust manner, without exposing themselves to vulnerabilities from external coordination.
The proposal must still undergo community review and the XRPL’s standard amendment process before any official deployment, and there has been no confirmation of a timeline for activation.
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 ETFs have posted four straight days of positive inflows since July 29, pulling in more than $15 million. The largest single day inflow during the streak was $7.69 million. Despite the recent streak, three month ETF totals fell to $219 million, well below other inflow sources. Real world asset value on the XRP Ledger has climbed past $4.959 billion, up 2% in the past month. RWA holders on the XRP Ledger grew more than 25% over the last month, reaching 199 addresses. Ripple’s XRP has held above $1 for most of 2026. The token is still far from its all time high of $3.84, which was set nine years ago.
Even so, network activity on the XRP Ledger has stayed steady this year. Capital has been flowing in from more than one direction.
XRP ETFs are one of those sources. After a slow July, the funds have shown fresh signs of life heading into August.
XRP ETF Inflows Return In August July was a weak month for XRP ETFs. Several days saw zero flows or very low flows into the products.
That changed toward the end of the month. Since July 29, XRP ETFs have logged four consecutive days of positive inflows.
Over those four days, the funds pulled in more than $15 million combined. The single biggest day brought in $7.69 million.
The streak is a shift from where the funds stood just weeks earlier. Still, the bigger picture tells a different story.
Looking at the past three months, XRP ETFs have only pulled in $219 million total. Monthly totals for the funds have been falling during that stretch.
That raises a question. If ETFs are not the main driver of capital into the network, what is?
Real World Asset Growth On XRP Ledger The XRP Ledger recorded net flows of more than $1.20 billion over the past 90 days. That figure includes stablecoins moving through the network.
That places the XRP Ledger behind three other networks in net flows. Hyperliquid’s HyperEVM, TRON, and Solana all recorded higher totals during the same period.
Outside of ETF activity, the real world asset sector on the XRP Ledger has been building quietly. Tokenized asset value on the ledger has grown steadily this year.
That value now sits above $4.959 billion. That is a 2% increase over the past month alone.
The figure represents close to 1.25% of the total $398 billion in real world assets tokenized across all blockchains tracked. It is still a small slice of the overall market.
Even so, that $4.959 billion figure is far larger than the three month ETF inflow total of $219 million.
The number of RWA holders on the XRP Ledger also grew. Holders climbed more than 25% in the past month, reaching 199.
Stablecoin holders on the network grew too. That figure rose to 60.24 thousand over the same stretch.
Together, these numbers point to two separate sources of demand for the token. ETF inflows and RWA growth on the ledger are both adding capital, but from different directions.
Ripple is benefiting from both trends at the same time. The company gains from XRP as an ETF asset and from the ledger as a venue for tokenizing real world assets.
As of early August, XRP ETFs remain in their fourth straight day of inflows, while RWA holder counts on the ledger continue to climb.
TLDR Ripple received full MiCA approval from Luxembourg’s financial regulator, the CSSF. The license lets Ripple offer payment services across all 30 EEA countries. XRP traded at $1.07, down 0.28% over the past 24 hours. XRP remains below its 50-day and 200-day moving averages. ETF data shows steady inflows and stable open interest, with no large outflows. XRP price traded near $1.07 this week, down slightly over the past day. The move came shortly after Ripple announced a regulatory approval in Europe.
Ripple said it received full authorization from Luxembourg’s financial regulator, the CSSF. The license makes Ripple a registered Crypto Asset Service Provider under the European Union’s MiCA rules.
“Regulatory clarity is the foundation of institutional trust.”
Last month, Ripple received full EU authorization for a MiCA Crypto Asset Service Provider (CASP) license from Luxembourg’s CSSF. 🇪🇺
With our EU EMI license, institutions across all 30 EEA nations can now collect,… pic.twitter.com/lyj9pOnpPH
— Ripple (@Ripple) August 5, 2026
Ripple Expands Payment License Across Europe The approval lets Ripple offer its payment services across all 30 countries in the European Economic Area. Companies can now work with Ripple through one regulated agreement instead of separate deals in each country.
Ripple said the license builds on its existing Electronic Money Institution permit. The company said regulatory clarity helps build trust with banks and financial institutions.
The MiCA framework sets common rules for crypto businesses across the European Union. Ripple’s new status could make it easier for banks to use blockchain technology for payments.
The announcement adds to Ripple’s growing list of licenses in different countries. The company has spent years building relationships with regulators and financial institutions around the world.
XRP Price Struggles Below Key Resistance Levels Despite the regulatory news, XRP price did not see a strong reaction. The token traded at $1.07, down 0.28% over 24 hours, according to TradingView data.
XRP remains below its 50-day moving average near $1.10. It is also trading under its 200-day moving average around $1.34.
XRP Price on CoinGecko Both levels suggest sellers still have more control over the price trend. The Relative Strength Index sits near 44, which points to weak momentum.
An RSI reading near 44 is not considered oversold. Traders often view levels below 30 as oversold territory.
Support for XRP sits near $1.05. If that level breaks, the price could face further pressure.
A move back above $1.10 could help improve short term sentiment. That level would need to hold before traders expect a larger rally.
Data from SoSoValue shows spot XRP ETF assets remain close to $1 billion. Daily net inflows into these funds stayed flat this week.
CoinGlass data shows open interest in XRP has stayed steady. This suggests traders are holding current positions rather than adding new leveraged bets.
There have been no large ETF outflows reported recently. This shows institutional investors have kept their existing exposure to XRP.
Ripple’s MiCA license is part of its long term push into regulated payment services in Europe. The company has said it wants institutions to use its network for cross border settlement.
For now, the XRP price has not shown a clear reaction to the license news. Traders are watching whether the $1.10 resistance level breaks in the coming days.
US-listed spot Bitcoin exchange-traded funds (ETFs) recorded net inflows of $244.4 million on Wednesday, continuing a three-day winning streak. Over this period, inflows reached $626 million, signaling renewed investor interest at the start of August.
BlackRock’s dominant positionBlackRock, the world’s largest asset management company, remains the frontrunner among Bitcoin ETFs. Its iShares Bitcoin Trust attracted $479 million in inflows over the last three trading sessions, according to data from Farside Investors.
The fund’s total net inflows have climbed to nearly $61 billion, maintaining its leading role in the sector. No other US spot Bitcoin ETF matched BlackRock’s inflow figures during this recent period.
BlackRock’s iShares Bitcoin Trust drew $479 million in three days, pushing total net inflows near $61 billion and solidifying its position as the leading US spot Bitcoin ETF for this week.
Investors have steadily returned capital to BlackRock’s and other spot Bitcoin ETFs, underlining confidence in these products amid fluctuating market sentiment.
Bitcoin price holds steady, market remains cautiousBitcoin’s price briefly surged above $64,920 on Wednesday as positive fund flows continued. By the close of the day, the leading cryptocurrency was trading near $64,744, representing a 0.7% gain over the previous 24 hours, based on data from CoinGecko.
Despite the rebound, market participants exhibited caution. The Crypto Fear and Greed Index, a widely referenced measure of investor sentiment in cryptocurrency markets, scored 25 on Wednesday, indicating persistent “Extreme Fear.” This marked a slight decline from the previous day’s score of 27.
The index tracks emotions and attitudes across the digital asset market, with lower values reflecting heightened fear among investors.
Mini dictionary: Crypto Fear and Greed Index, a metric that evaluates overall investor sentiment in the cryptocurrency market using factors such as volatility, trading volumes, and social media activity.
Ether and XRP ETFs divergeSpot Ether ETFs also attracted fresh investment, with net inflows of $60.9 million on Wednesday. This marked the second consecutive day of positive flows, lifting their two-day total to $114.6 million.
In contrast, XRP ETFs reported net outflows of $3.58 million on Wednesday. As a result, total net assets in XRP ETFs dropped to $993.4 million. However, cumulative net inflows across all XRP ETF products remained positive at $1.51 billion.
ETFNet inflow/outflow (Wednesday)Recent streak totalTotal net assetsBitcoin (all US spot ETFs)$244.4 million (inflow)$626 million (3 days)N/ABlackRock iShares Bitcoin TrustIncluded above$479 million (3 days)Nearly $61 billionSpot Ether ETFs$60.9 million (inflow)$114.6 million (2 days)N/AXRP ETFs$3.58 million (outflow)N/A$993.4 millionThe differing trends across major crypto ETFs highlight varied investor sentiment. While both Bitcoin and Ether products saw meaningful gains, XRP ETFs lost ground as net assets declined for the week.
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 traded at $1.07 this week, declining 0.28% in the past 24 hours, following a significant regulatory development for Ripple in Europe.
New MiCA Authorization in LuxembourgRipple announced that it has obtained full authorization from Luxembourg’s financial regulator, the CSSF, making it a registered Crypto Asset Service Provider under the European Union’s recently implemented MiCA rules.
This new approval enables Ripple to provide payment services across all 30 European Economic Area (EEA) countries under a unified regulatory framework. Companies partnering with Ripple can now sign a single agreement for the region, eliminating the need for separate deals in each country.
Ripple’s MiCA registration builds on its existing Electronic Money Institution (EMI) license in the EU. The company emphasized that regulatory clarity helps establish trust for institutional clients and facilitates broader financial integration.
Ripple highlighted that with its EU EMI license, financial institutions throughout the EEA can benefit from streamlined onboarding and increased legal certainty while using Ripple’s payment services.
The MiCA framework aims to establish common requirements and oversight for digital asset firms operating within the EU, promoting consistency and security for both service providers and users. Ripple’s approval expands its regulatory presence in the region and may accelerate adoption of its payment network across institutional partners.
As the sector evolves, technical solutions that enhance access and efficiency continue to gain traction. Amid these developments, platforms such as 1stepSwap are also helping to close the gap between traditional and crypto finance by allowing users to access real-world assets—including shares of leading U.S. companies and commodities like gold and silver—directly via blockchain. 1stepSwap’s solutions enable investors to buy and sell top global stocks with instant execution at optimal rates, broadening portfolio choices without the need for intermediaries.
XRP Lags Despite Regulatory ProgressDespite Ripple’s new EU license, XRP’s price action remained subdued. The token continued to trade below its 50-day moving average of $1.10 and its 200-day moving average at $1.34, indicating sellers maintain an advantage in the current market environment.
Technical analysis placed the Relative Strength Index (RSI) near 44, reflecting weak momentum but not yet entering oversold conditions, which market participants typically view as below 30.
Support for XRP was identified near $1.05, while analysts indicated that reclaiming the $1.10 level would be needed to signal a possible recovery in short-term sentiment.
In the broader market, data from SoSoValue showed that spot XRP ETF assets are holding close to $1 billion, with daily net inflows remaining flat this week and no significant outflows reported. CoinGlass reported steady open interest levels in XRP, suggesting most traders are holding current positions rather than pursuing new leveraged moves.
Ripple has stated that the MiCA license is a key part of its strategy to expand regulated payment offerings in Europe and to encourage institutions to adopt its network for cross-border settlement. However, the latest developments have yet to translate into immediate price gains for XRP, as traders wait to see if the token can surpass key resistance at $1.10 in the near term.
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.
While volatility continues to dominate the crypto market, the largest investors follow a contrary path. According to the latest “Smart Money” report from CryptoQuant, the most influential wallets are massively accumulating bitcoin, Ethereum, and XRP, despite a climate marked by uncertainty. This buying strategy comes at a time when several valuation indicators return to levels historically associated with the ends of bear markets. Behind these movements lies a deep trend: an increasing concentration of assets in the hands of institutional investors.
In Brief Whales have accumulated nearly 190,000 additional BTC since December 2025, bringing their reserves to 3.06 million Bitcoin. Giant wallets (10,000 to 100,000 ETH) reach an all-time high of 19.6 million Ether. Big players accumulate the token without rushing the prices, maintaining dominant spot activity. According to CryptoQuant, this liquidity absorption during a downturn is the classic marker of savvy investors. The explosion of whale reserves on bitcoin and Ethereum While a whale just moved 1 billion in bitcoins, the analysis report reveals a massive transfer of liquidity towards very large-cap wallets. CryptoQuant data confirms that large holders systematically take advantage of prolonged downturn phases to increase their exposure, to the detriment of the market’s most vulnerable investors.
This discreet buying phenomenon has accelerated dramatically over recent months on the two main protocols of the ecosystem. The concentration of tokens in the hands of high-capital entities now reaches record levels, as evidenced by precise on-chain metrics :
Bitcoin (BTC) : whale reserves rose from 2.87 million BTC in December 2025 to about 3.06 million BTC, with a marked acceleration after falling below 60,000 dollars in June ; Ethereum (ETH) mid-tier : wallets holding between 10,000 and 100,000 ETH reached an all-time combined high of 19.6 million ETH ; Ethereum (ETH) giant wallets : addresses holding over 100,000 ETH absorbed nearly 1.8 million additional ETH since mid-2025. This frenzy of accumulation observed on the sector’s two giants profoundly changes the ownership structure of circulating tokens. By removing a considerable amount of assets from the liquid market during price downturns, major players mechanically reduce the immediately available supply. CryptoQuant sums up this strategy with an unequivocal theoretical conclusion: “increase in whale balances during price weakness is the clearest indicator of savvy investors”. Thus, this absorption capacity during price contraction episodes demonstrates experienced investors’ willingness to build major positions in anticipation of the next cycle.
The gap in realized prices and passive absorption on the XRP crypto Beyond the increase in wallet balances, the analysis of the realized price, the estimation of the average on-chain break-even price for all coins, provides essential insight into the fundamental value of assets. Current data show divergent configurations: bitcoin trades at 63,935 dollars against an estimated realized price of 52,900 dollars, while Ether trades in an undervaluation zone at 1,858 dollars compared to a realized price of about 2,450 dollars. XRP stands at around 1.10 dollars, trading within a range between 1 and 1.20 dollars, for an estimated realized price of about 0.75 dollars.
On the Ripple crypto market, the average size of spot orders remains firmly in the category of large whales defined by CryptoQuant. However, the metric of the cumulative taker volume delta over 90 days remains neutral. This fundamental technical detail reflects a dynamic of passive absorption of sell orders by big players, rather than aggressive impulse buys at market price. Such behavior confirms that savvy investors methodically accumulate liquidity sold by the impatient without prematurely pushing prices up.
Market floor and seller capitulation signals This accumulation phase aligns with other research works identifying end-of-bear-cycle indicators. The company 10x Research notes in this regard that bitcoin could validate confirmation of a bear market bottom by managing to close monthly above the key level of 63,000 dollars.
For its part, firm K33 indicated in a report published on July 7 that the main crypto historically reaches the lowest point of its cycle in the weeks following the moment when more than half of its circulating supply is held at a loss.
Nevertheless, a rigorous analysis requires tempering these promising prospects. Although this pattern of accumulation by whales has historically preceded market bottoms, CryptoQuant explicitly reminds that the market remains exposed to further downside risks in the short term. Final confirmation of a bottom will depend on the market’s ability to transform this passive absorption into a sustainable buying impulse.
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Luc Jose A.
Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.
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.
XRP Joins Crypto.com's Dual Invest Lineup@Cryptocom has expanded its Dual Invest product suite to include $XRP, opening up structured yield opportunities on the token for both retail and institutional users. The addition allows participants to target triple-digit reward rates on XRP, a rate level that Crypto.com has advertised across its Dual Invest platform since the product launched in February 2025.
Dual Invest is a structured earn feature that lets users lock in a fixed reward rate by setting a target price and term for a chosen asset. The product lets users earn rewards in one of two digital assets, depending on how the market moves. The reward rate is presented to users upfront, before they enter into a plan. At settlement, the payout is issued in either the deposited token or an alternate token, depending on whether the target price is reached.
Three primary strategies are available: "Buy Low" for purchasing assets at a target price lower than current, "Sell High" for selling at a target price higher than current, or hold and earn rewards. The structure gives users a degree of flexibility across different market conditions, which Crypto.com positions as a hedge against volatility.
XRP Added Alongside $BTC, $ETH, and $SOLWith the XRP inclusion, Dual Invest now covers a broader set of major assets. $BTC, $ETH, and $SOL were already available on the platform before this latest expansion. An Auto-Renew feature is also available, which automatically places a new order with the same target price and deposit amount if a user's target price is not reached at expiry. This allows users to maintain exposure without needing to manually re-enter positions.
The timing of the addition is notable given the growing institutional profile of XRP. The SEC dropped its case against Ripple in 2025, and seven spot XRP ETFs are live in the US with over $1.2 billion in assets under management. That regulatory clarity has helped bring more structured products to market around the asset.
As with any structured yield product, risks remain. Market risk means the value of tokens may fluctuate based on market conditions. If a target price is reached and the deposit token is automatically converted, but the deposit token's price continues to move in the same direction, users could miss out on potential gains. Dual Invest is available in select jurisdictions.
Sources:
Crypto.com: Dual Invest Product Launch
Crypto.com Help Center: Dual Invest
Crypto.com University: What Is Dual Invest
The cryptocurrency market is somewhat lethargic on Thursday, with Bitcoin (BTC) approaching $65,000, Ethereum (ETH) holding above $1,900 while Ripple (XRP) trades under pressure around $1.05. This mixed outlook comes ahead of a potential deal between Iran and Oman on the management of shipping through the Strait of Hormuz. Still, Iran has denied negotiations with the United States (US).
Iran and Oman eye Strait of Hormuz dealIran and Oman are reportedly nearing the finalization of a strategic framework for commercial shipping through the Strait of Hormuz. Despite progress, Iranian Deputy Foreign Minister Kazem Gharibabadi emphasized to Islamic Republic News Agency (IRNA) that any agreement would not necessarily guarantee the immediate reopening of the waterway.
A senior Gulf official assesses the probability of a deal being reached by Friday at 50%.
US Vice President JD Vance stated in a Fox News interview that negotiations with Iran are likely to be “messy”, citing significant challenges posed by Iran’s fractured political system and negotiating stance.
Moreover, Iran has continued to deny negotiations with the US despite President Donald Trump's optimism on Tuesday that a deal could be announced this week.
Despite Bitcoin and Ethereum sustaining a slightly short-term bullish outlook, crypto market sentiment is back in Extreme Fear territory at 25 on Thursday, down from 27 the day before. This broadly means that appetite for risk assets remains on the back foot as investors assess the direction the US and Iran are likely to take if negotiations fail.
Crypto Fear & Greed Index | Source: Alternative"Investors remain focused on several key variables, including the Federal Reserve's monetary policy outlook, global liquidity conditions, the performance of the US Dollar (USD), and developments in the international geopolitical landscape,” Simon-Peter Massabni, Business Development head at XS.com, said in a comment.
Bitcoin builds on reclaimed supportBitcoin holds a modest bullish bias as it trades above the short-term 50-day Exponential Moving Average (EMA) at $64,673 and above the reclaimed downtrend resistance trendline around $63,514, while still capped by the Parabolic SAR at $65,404.
Momentum is constructive, with the Relative Strength Index (RSI) hovering near 54 and the Moving Average Convergence Divergence (MACD) line turning slightly positive, which together hint that buyers are gradually regaining control even though the broader trend remains constrained by the 100-day and 200-day EMAs at $67,043 and $72,505, respectively.
BTC/USDT daily chartOn the downside, initial support emerges at the 50-day EMA near $64,673, followed by the former descending trendline barrier turned support around $63,514. On the topside, immediate resistance is defined by the Parabolic SAR at $65,404, with further hurdles at the 100-day EMA around $67,043.20 and then the 200-day EMA near $72,505, levels that would need to be decisively cleared to strengthen the bullish continuation narrative.
“Bitcoin continues to trade roughly 50% below its all-time high reached in October, highlighting that the market still requires new catalysts to establish a stronger bullish trend,” Massabni added.
Altcoins technical outlook: Ethereum rebounds as XRP weakensEthereum trades at $1,913, holding above the 50-day EMA at $1,856 and the broken rising trendline support near $1,859, which together underpin a mildly constructive near-term tone. Still, the pair remains capped beneath the 100-day EMA at $1,925 and the 200-day EMA at $2,134, keeping the broader recovery in check until these levels are reclaimed.
The RSI around 56 suggests moderate bullish momentum, while the MACD still prints a negative histogram, hinting that upside pressure is improving but not yet dominant.
ETH/USDT daily chartImmediate support lies at the $1,913 area as a short-term pivot, followed by the former trendline break level at $1,859 and then the 50-day EMA at $1,856, where buyers are likely to defend the broader uptrend structure. On the topside, initial resistance emerges at the 100-day EMA at $1,925. A sustained move above this barrier would open the way toward the more significant 200-day EMA at $2,134, beyond which the medium-term bullish case would be reinforced.
XRP, on the other hand, maintains a bearish near-term bias as the spot price holds beneath the 50-day EMA at about $1.11, the 100-day EMA near $1.20, and the 200-day EMA around $1.39, keeping the broader recovery capped. Bollinger Bands show price trading below the midline at roughly $1.09, while the RSI near 40 and a negative MACD reading hint at subdued momentum consistent with continued downside pressure.
XRP/USDT daily chartOn the topside, initial resistance emerges at the Bollinger Band midline around $1.09, with the 50-day EMA at $1.11 reinforcing a nearby supply zone before stronger caps align at the 100-day EMA near $1.20 and the 200-day EMA around $1.39. On the downside, the lower Bollinger Band at approximately $1.04 acts as immediate support. A clear break under this level would open the door to further weakness as sellers retain control below the stacked daily EMAs.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
Bitcoin, altcoins, stablecoins FAQs Bitcoin is the largest cryptocurrency by market capitalization, a virtual currency designed to serve as money. This form of payment cannot be controlled by any one person, group, or entity, which eliminates the need for third-party participation during financial transactions.
Altcoins are any cryptocurrency apart from Bitcoin, but some also regard Ethereum as a non-altcoin because it is from these two cryptocurrencies that forking happens. If this is true, then Litecoin is the first altcoin, forked from the Bitcoin protocol and, therefore, an “improved” version of it.
Stablecoins are cryptocurrencies designed to have a stable price, with their value backed by a reserve of the asset it represents. To achieve this, the value of any one stablecoin is pegged to a commodity or financial instrument, such as the US Dollar (USD), with its supply regulated by an algorithm or demand. The main goal of stablecoins is to provide an on/off-ramp for investors willing to trade and invest in cryptocurrencies. Stablecoins also allow investors to store value since cryptocurrencies, in general, are subject to volatility.
Bitcoin dominance is the ratio of Bitcoin's market capitalization to the total market capitalization of all cryptocurrencies combined. It provides a clear picture of Bitcoin’s interest among investors. A high BTC dominance typically happens before and during a bull run, in which investors resort to investing in relatively stable and high market capitalization cryptocurrency like Bitcoin. A drop in BTC dominance usually means that investors are moving their capital and/or profits to altcoins in a quest for higher returns, which usually triggers an explosion of altcoin rallies.
Ripple (XRP) and Stellar (XLM) extend their declines, trading below $1.06 and $0.165, respectively, at the time of writing on Thursday as selling pressure intensifies. In addition, weakening technical structures and bearish derivatives metrics suggest the correction for both altcoins could deepen if key support levels fail to hold.
Derivatives metrics show bearish biasDerivatives data shows bearish bias among traders. CoinGlass’ long-to-short ratio for XRP and XLM reads 0.75 and 0.68, respectively, on Thursday, nearing the lowest level over a month. A ratio below one indicates bearish sentiment, as traders are betting the asset prices will fall.
XRP long-to-short ratio chart. Source: Coinglass
XLM long-to-short ratio chart. Source: CoinglassIn addition, XRP funding rates dropped to 0.0013% on Thursday, nearing the negative territory. Meanwhile, XLM’s funding rates flipped negative on Wednesday, reading -0.026% on Thursday. These negative rates indicate that short traders are paying longs and reflect a bearish bias.
XRP funding rates chart. Source: SoSoValue
XLM funding rates chart. Source: SoSoValueSoSoValue data also supports a bearish bias for XRP. The chart below shows that the spot Exchange Traded Funds (ETFs) recorded an outflow of $3.58 million on Wednesday. If these outflows continue and intensify throughout the week, XRP could extend its losses.
Total XRP spot ETF net inflow daily chart. Source: SoSoValueXRP technical outlook: Bears in control of the momentumXRP price trades at $1.04 on Thursday, holding in a bearish near-term structure with price lodged below the 50-day, 100-day and 200-day Exponential Moving Averages (EMAs) at $1.11, $1.19 and $1.38 respectively.
The Relative Strength Index (RSI) hovers around 39, pointing to lingering downside pressure. At the same time, the Moving Average Convergence Divergence (MACD) remains marginally negative, hinting that rallies are likely to be sold while these overhead EMAs continue to cap the pair.
On the topside, initial resistance emerges at the 50-day EMA around $1.11, followed by the 100-day EMA near $1.19 and the $1.30 horizontal barrier, with the 200-day EMA at about $1.38.
On the downside, immediate support is seen at the $1.00 horizontal level, where a break would expose fresh lows and deepen the current corrective phase.
XLM technical outlook: Faces rejection from key resistanceXLM trades at $0.162 on Thursday, extending a bearish bias as price remains lodged below the 50-day, 100-day and 200-day EMAs cluster between roughly $0.181 and $0.193. XLM has retreated from prior highs and is now trading beneath the 78.6% Fibonacci retracement at $0.173 and the nearby horizontal cap at $0.177. At the same time, momentum indicators reinforce the downside tone, with the RSI slipping toward the oversold band at 32 and the MACD line staying below zero with a negative reading and subdued histogram.
On the topside, initial resistance emerges at the 78.6% Fibonacci retracement at $0.173, followed by the horizontal barrier at $0.177, with stronger supply likely around the 50-day EMA at $0.181 and the 100-day EMA at $0.183; a sustained recovery above the 200-day EMA at $0.193 and the 61.8% Fibonacci retracement at $0.200 would be needed to ease the prevailing bearish structure.
On the downside, support rests at the horizontal floor near $0.142, ahead of the cycle low anchor around $0.139, where sellers could begin to lose traction if daily momentum becomes fully oversold.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
Despite months of weak price action across the crypto market, some analysts believe several large-cap altcoins are trading below their long-term value. The analysis highlights Solana (SOL), Chainlink (LINK), and XRP, citing continued development, institutional interest, and growing network activity despite the broader market downturn.
Solana Still Drawing Institutional DemandAmong the three, Solana is viewed as the strongest recovery candidate.
SOL remains about 75% below its all-time high and has returned to price levels last seen in late 2023. Its monthly momentum has also weakened to its lowest level on record.
Despite the decline, U.S.-listed Solana investment funds, launched in October 2025, recorded inflows on every trading day last month. The funds now manage about $1 billion in assets, with nearly half held by institutional investors, including hedge funds and investment advisers.
Another key development is Alpenglow, Solana’s largest network upgrade to date. Once fully deployed later this year, transaction finality is expected to improve from 12.8 seconds to about 150 milliseconds, significantly reducing settlement times.
However, challenges remain. Solana’s daily network revenue has fallen from about $1.5 million to $314,000, a decline of nearly 80%, as memecoin trading activity slowed.
Retail participation has also weakened. According to on-chain analyst Ali Martinez, wallets holding at least 0.1 SOL declined from 11.84 million to 11.26 million over the past two weeks, a drop of about 5%.
Chainlink Builds While Price LagsChainlink is another project the analysis identifies as undervalued.
LINK continues to trade more than 80% below its all-time high, even as its infrastructure expands across traditional finance.
The network enables banks and financial institutions to connect with blockchain networks without replacing their existing systems.
Its partners include SWIFT, which connects about 11,000 financial institutions, along with firms such as UBS and Euroclear. During the first quarter, Chainlink’s Cross-Chain Interoperability Protocol (CCIP) processed more than $18 billion in cross-chain transaction value.
Institutional access has also expanded through investment products from Grayscale and Bitwise. In addition, roughly 75% of LINK’s total supply is already in circulation, reducing future token dilution.
However, one key challenge remains. Financial institutions can use Chainlink’s infrastructure without directly purchasing LINK tokens. The project also faces growing competition from interoperability networks such as LayerZero and Wormhole -two competing altcoins.
XRP Benefits From Legal ClarityThe analysis also highlights XRP despite its price decline. XRP price is down nearly 43% this year but continues to see broader adoption.
1/4 Why is XRP still discussed as a price story, when it was built for movement? @sagarCBO on why XRP is better understood by what it does than by what it costs. 👇
This content is for informational purposes only and does not constitute investment advice. This content may… pic.twitter.com/0oJCG9KZTp
— evernorthxrp (@evernorthxrp) August 5, 2026 Sagar Shah, Chief Business Officer at Evernorth, said XRP’s long-term value lies in its role in cross-border payments, liquidity, and tokenized assets. According to Shah, adoption—not short-term price movements—will determine the asset’s long-term value.
With the SEC lawsuit largely resolved, XRP now has seven U.S.-listed investment funds, which have attracted nearly $1.5 billion in cumulative inflows since launch.
Ripple’s stablecoin RLUSD has also grown to about $1.6 billion in supply. More RLUSD is now issued on the XRP Ledger than on Ethereum following its expansion into Japan through SBI Holdings. Meanwhile, daily transactions on the XRP Ledger have risen to around 3 million, roughly three times the level seen in mid-2025.
However, RLUSD has also sparked debate within the XRP community.
Stablecoins can perform many of the cross-border payment functions that XRP was originally designed to support, potentially reducing demand for the token. While XRP continues to serve as a bridge asset for currencies without direct trading pairs, its long-term utility will depend on how Ripple positions XRP alongside RLUSD.
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Ripple (XRP), Cardano (ADA), and Solana (SOL) are trading in the red on Thursday, facing downside pressure. The technical outlook for altcoins is bearish, as XRP risks falling below $1.00, ADA is eyeing the 50-day Exponential Moving Average (EMA) at $0.1766, and SOL remains capped below a cluster of resistance levels.
Technical outlook: Could XRP, ADA, and SOL extend their losses?Ripple edges lower on Thursday, testing the bearish breakout of a rising support trendline near $1.0500. XRP extends a bearish near-term bias as price holds beneath the 50-day EMA at $1.1143 and the longer-term 200-day EMA at $1.3938, suggesting the broader trend remains under pressure.
Momentum is weak, with the Relative Strength Index (RSI) hovering near 38, approaching the oversold zone, while the Moving Average Convergence Divergence (MACD) descends below the signal line, hinting at lingering selling pressure.
A decisive close below $1.0500 could confirm the downside release, risking a drop below the $1.0000 psychological threshold. The S1 and S2 pivot levels at $0.9945 and $0.9271, respectively, serve as downside support levels.
XRP/USDT daily price chart.On the topside, initial resistance appears at the descending trendline around $1.1050, where a daily close above this level would open the way toward the 50-day EMA at $1.1143 and the R1 pivot level at $1.1568.
Cardano extends losses below $0.1900 at press time on Thursday, after the $0.2000 psychological barrier capped its recent recovery. Still, ADA holds a mild bullish bias in the near term, as price remains above the 50-day EMA at $0.1766 but well below the 200-day EMA at $0.2627, indicating that the broader trend remains challenged.
Momentum backs this upside tilt, with the RSI holding around 62 as it reverses from the overbought boundary, while the MACD, in positive territory, remains above the signal line, suggesting buyers retain control.
On the downside, initial support is seen at the 50-day EMA at $0.1766, with a deeper structural floor near the horizontal level at $0.1382, marked by the June 25 low.
ADA/USDT daily price chart.To reinstate an upward trend, ADA must clear above the $0.2000 mark, which could open the path toward the 200-day EMA at $0.2627.
Solana trades below $75 on Thursday, keeping a bearish near-term bias below the 50-day EMA at $75.50 and the 200-day EMA at $92.60. SOL also remains below the downward resistance trendline near $75.25, which acts as an immediate cap.
Solana must sustain a decisive close above this zone to reinstate a recovery toward the 200-day EMA at $92.60. The RSI around 46 and a slightly negative MACD reinforce waning upside momentum.
SOL/USDT daily price chart.Looking down, the key support for SOL aligns with the descending support trendline near $70.75, guarding the downside to the February 6 low of $67.50.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
Ripple’s native token XRP is approaching the critical $1 threshold, after falling to an intraday low of $1.04 on Thursday. XRP’s persistent downturn now extends more than a year, with the token down 65% from its 2025 highs. Investors who entered the market during the bullish run between late 2024 and early 2025 are now significantly under water on their positions.
Altcoin market sees widespread correctionThe overall altcoin market is experiencing sustained pressure, with corrections seen across several major tokens. Cardano’s ADA, among other digital assets, has also recorded substantial losses amid this broad selloff. Market data shows that Solana and Binance Coin have been the only major altcoins able to maintain relative strength on price charts during the recent declines.
Trading volumes on leading cryptocurrency exchanges have tracked this downtrend, reflecting reduced activity and weaker demand across the altcoin sector. Large-scale investors known as “whales” have scaled back their XRP accumulation, a pattern that is matched by diminished interest from retail traders as well.
XRP faces demand squeeze and weak capital inflowOn-chain analytics suggest that both institutional and individual investors have limited their exposure to XRP. The resulting decline in fresh capital entering Ripple’s ecosystem has restricted liquidity, with most recent transactions being initiated by existing holders rather than new buyers.
Once buying momentum fades, assets like XRP become vulnerable to sharper selloffs due to a lack of support within the order book. Some analysts see these conditions as increasing the downside risk for potential new entrants into the market.
If XRP falls to the $0.90 level, confidence among investors is expected to hit new lows, with few market participants willing to view such levels as an attractive entry point in the absence of stronger fundamentals.
Another factor weighing on sentiment is the slowdown in major strategic partnerships involving Ripple. The company has made fewer announcements about new collaborations with prominent institutions, which some market observers believe has contributed to the negative outlook among traders and investors.
Unlike in previous cycles where partnerships and adoption news fueled price rallies, the lack of headline collaborations now appears to be aggravating bearish pressures in the market.
Investors explore new opportunities outside XRPWith the current lack of clear support levels, buying the dip in XRP carries increased uncertainty. Many traders have shifted attention to emerging sectors such as artificial intelligence, where higher returns have recently drawn significant capital. The migration toward AI-driven investment strategies is being attributed to a perceived opportunity for quicker profits compared to the current state of traditional altcoins.
In this rapidly evolving environment, platforms offering seamless asset access are gaining traction. 1stepSwap, for instance, provides a solution that bridges the gap between traditional finance and the crypto market. By tokenizing real-world assets such as shares of major US companies and commodities like gold and silver, 1stepSwap enables users to diversify their portfolios directly from their wallets and execute trades at market-leading prices within seconds.
As sentiment around XRP remains weak, the broader trend highlights how digital asset investors are reassessing their strategies and seeking more innovative or profitable opportunities across the crypto ecosystem.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Leading cryptocurrencies inched higher on Wednesday amid a renewed Senate push to pass the CLARITY Act before the recess.
‘Extreme Fear’ ReturnsBitcoin staged a late-afternoon rally but fell short of the $65,000 mark as trading activity stayed subdued. Ethereum posted a stronger advance, climbing to an intraday high of $1,922, while XRP and Dogecoin traded lower.
Drama over the CLARITY Act persists, with Senate Majority Leader John Thune (R-S.D.) floating a last-minute vote to pass the cryptocurrency legislation in the Senate.
Over $250 million was liquidated from the cryptocurrency market in the last 24 hours, with $169 million in bearish short positions erased, according to Coinglass data.
Bitcoin’s open interest rose 1.17% over the last 24 hours. Smart money sentiment, which refers to the collective outlook and capital allocation of institutional investors, turned "extremely bearish." Binance top traders, i.e., top 20% users with the highest margin balance, remained net long on Bitcoin, but the long exposure has fallen significantly this week.
"Extreme Fear" sentiment returned to the market, according to the Crypto Fear & Greed Index.
Top Gainers (24 Hours)
The global cryptocurrency market capitalization stood at $2.2 trillion, following a dip of 0.79% over the last 24 hours.
Dow Extends Winning RallyThe Dow Jones Industrial Average soared 263.24 points, or 0.49%, to hit a record close of 54,349.12. The S&P 500 retreated 0.17% to close at 7,723.55, while the tech-heavy Nasdaq Composite pulled back 0.83% to end at 26,363.44.
Historical Bottom Signal EmergesAli Martinez, a widely followed cryptocurrency analyst and trader, identified a bullish divergence between Bitcoin’s price and net capital flows.
“The last bullish divergence between the BTC price and Net Capital Flows marked the cycle bottom,” Martinez stated. “The same signal is back.”
The analyst noted that the last such signal preceded the rally from $15,000 to $126,000, representing a 740% upside.
Michaël van de Poppe, another popular cryptocurrency commentator on X, said that if the CLARITY Act passes this week, it would end the market’s wait-and-see stance and trigger a bull rally for Bitcoin and altcoins.
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XRP has remained under pressure in recent weeks, and new on-chain data suggests traders in the derivatives market have become more cautious amid declining leverage.
As the token’s price continues to struggle, derivatives data shows that both leverage and Open Interest (OI) have dropped to their lowest levels in months.
This is according to a recent market exposition from CryptoQuant analyst CryptoOnChain. He pointed out that XRP closed at $1.075 on Aug. 3, still below the $1.10 mark. The token now sits close to the lower end of its recent price range.
XRP Leverage Continues to Decline CryptoOnChain found that XRP’s Open Interest has dropped to between 362 million and 369 million over the past few days. These are the lowest readings seen during the last six months, a period in which Open Interest ranged from 362 million to 519 million, with an average of 435 million.
XRP Leverage and OI | CryptoQuant The analyst also noted that leverage has fallen to a range of 0.139 to 0.142. This places it close to its six-month low of 0.133.
Compared with their 90-day averages, both Open Interest and leverage have declined by around 12% to 18%. The data suggests traders have gradually reduced their exposure over time.
Liquidation and Funding Rate Data Tell a Different Story Meanwhile, CryptoOnChain also highlighted market activity during XRP’s decline from $1.143 to $1.061. The liquidation data showed a fairly even balance between long and short positions instead of the one-sided wipeout that usually comes with a forced deleveraging event.
On July 27, long liquidations reached $3.24 million, while short liquidations totaled $470,000. By July 29, the situation had reversed, with $640,000 in long liquidations compared with $548,000 in short liquidations.
According to the analyst, this balanced pattern is different from a typical deleveraging event, where one side of the market suffers much larger losses than the other.
Funding rates also support this view. Throughout the period, funding stayed within a narrow range of -0.009 to +0.010. Even though week-over-week funding changes rose by more than 1,000%, the actual funding levels remained close to neutral.
XRP NVT Crash The analyst also pointed to XRP’s Network Value to Transactions (NVT) ratio, which has dropped 42.7% below its three-month average.
During the same period, the network’s transaction count fell by only 23.3%. This suggests that XRP’s market value has fallen much faster than activity on the network.
On the spot market, Binance deposit addresses remain more than 95% below the quarterly average. Even so, a $2.3 million inflow spike on July 30 shows that liquidity has become thinner, not that it has disappeared.
Considering all these indicators, CryptoOnChain believes the market is going through a quiet reset instead of a major breakdown.
With leverage and Open Interest sitting near multi-month lows, liquidations remaining balanced, and funding rates staying neutral, traders appear to be reducing risk in an orderly way.
The analyst added that similar periods in the past have often been followed by either price stabilization or a continuation of the existing trend. The next move will likely depend on whether Open Interest begins to level off or keeps falling along with XRP’s price.
XRP Approaches Key Support Meanwhile, in the short term, XRP continues to trade under pressure. The token currently changes hands at $1.06, marking a 1.98% decline over the past week.
Its weekly Relative Strength Index (RSI) stands at 33.2, putting it below the neutral level but still slightly above the oversold mark of 30. This shows that sellers remain in control, although bearish momentum has not yet reached its limit.
XRP Weekly RSI Technically, $1.05 remains the key support level to watch. If XRP stays below that level, the price could move toward the important $1.00 psychological support. On the upside, buyers need to push the token back above $1.10 before the short-term outlook can begin to improve.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
XRP wallet activity across major exchanges, including Coinbase, Binance and Crypto.com, has dropped to negative territory.
XRP has continued to trade under pressure over the past few days. Notably, the token trades within the $1.05 to $1.08 range as sellers keep the market on the defensive.
While the price has struggled to gain momentum, new on-chain data shows that Coinbase, Binance, and Crypto.com have moved into negative XRP wallet territory. This indicates that more wallets are withdrawing XRP than depositing it.
Coinbase Records the Deepest Drop in XRP Wallet Activity The latest on-chain figures show that XRP withdrawal wallet activity picked up across several major exchanges in early August. Among the major platforms, Coinbase recorded the largest decline.
On Aug. 4, Coinbase’s seven-day net depositing/withdrawing wallets metric dropped to -10,900. In simple terms, wallets withdrawing XRP exceeded wallets depositing it by 10,900 during the seven-day period.
This was also Coinbase’s weakest reading on record. For context, the figure came in 3.4x lower than its previous low of -3,200, which it recorded in June 2025.
However, the trend did not stop with Coinbase. Data shows that Binance and Crypto.com also entered negative territory on July 17 and remained there through August.
Binance and Crypto.com Show the Same Pattern While Binance and Crypto.com recorded declines, neither exchange has fallen below the lows they reached in June 2025.
On Aug. 4, Binance posted a reading of -2,550, its lowest level since June 2025, when the metric fell to -4,380. Crypto.com also declined to -2,290, marking its weakest reading since June 2025. However, this remained above its previous low of -4,470.
XRP Multi-Exchange Wallet Activity | CryptoQuant Even though Binance and Crypto.com have not yet matched their June 2025 lows, the fact that all three exchanges entered negative territory at the same time confirms the broader trend.
For context, this metric measures the number of wallets making deposits and withdrawals, not necessarily the amount of XRP moving on or off exchanges. As a result, it indicates how widespread withdrawal activity has become, not the total value of XRP leaving exchanges.
Large XRP Exchange Outflows The latest wallet figures build on an earlier report that highlighted a rise in XRP outflow transactions involving 100,000 XRP or more on Coinbase and Binance.
On Binance, transfers of more than 1 million XRP made up 55.3% of the exchange’s total daily XRP outflow value on Aug. 3. Analyst Taha noted that this represented the highest share since June 30.
Meanwhile, Coinbase showed a different pattern. Notably, transactions above 1 million XRP made up just 15% of the exchange’s total outflow value on Aug. 3, down from 36% on July 2.
However, activity increased in the 100,000 to 1 million XRP transaction range on Coinbase. This category grew from roughly 35% on June 1 to 55.8% on Aug. 3, an increase of 20.8 percentage points during that period.
XRP Continues to Face Technical Weakness Despite the increase in exchange withdrawals, XRP’s short-term picture remains weak. The token currently changes hands around $1.06, down 0.83% over the past day.
XRP continues to trade below its 20-day EMA of $1.0838, 50-day EMA of $1.1163, and 100-day EMA of $1.1971. At the same time, the MACD histogram has turned negative, showing that bearish momentum still dominates in the near term.
The $1.05 to $1.06 range remains the key support area after attracting buyers several times since late June. However, if the price falls below $1.02, the risk of a deeper decline could increase.
On the upside, the $1.13 to $1.14 range remains the first important resistance area. Beyond that, the 100-day EMA at $1.1971 stands as the next major hurdle that XRP must overcome before any stronger recovery can take shape.
While the technical outlook remains weak, Ripple President Monica Long shared a more positive view on Aug. 4. She called attention to growing institutional interest in 24/7 on-chain trading, which could improve market sentiment over time.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
XRP (CRYPTO: XRP) realized volatility hit a three-month low on Wednesday as three major exchanges saw intensified withdrawal activity.
What The Volatility Drop Is Telling Traders?CryptoQuant analyst Arab Chain noted on the platform that XRP’s 30-day realized volatility on Binance has fallen to roughly 0.34, its lowest reading in three months, while price holds near $1.07.
The decline reflects a significant drop in daily price swings as the market enters a period of calm following the elevated volatility seen in June.
History shows these quiet periods rarely last, with volatility typically expanding on major news, stronger volume, or a shift in sentiment.
Why One Analyst Is Eyeing $43An Elliott Wave analysis shared on X suggests XRP is completing a major pullback in the $1.00 to $1.06 zone, with momentum showing an early bullish signal.
Price is making a lower low while RSI holds a higher low, a divergence that often points to fading selling pressure before a reversal.
If the pattern plays out, the analyst projects a next leg higher similar in scale to XRP’s prior 1,200% rally, with price targets stretching from $6.42 all the way to $43.83 across a 2028 to 2029 timeline.
Three things need to happen first. The divergence needs to confirm with a break of the current downtrend.
Then price needs to reclaim $3.60, the prior cycle high, to validate that the next major move is actually underway. Elliott Wave counts are subjective and these targets are Fibonacci extrapolations, not guarantees.
What XRP Derivatives Are ShowingXRP derivatives volume jumped 21.79% to $1.56 billion while open interest climbed 2.12% to $2.31 billion according to Coinglass, meaning fresh positions are entering the market alongside rising activity.
The crowd is overwhelmingly long, with Binance at 2.70 and OKX at 3.25 on the long/short ratio.
However, the liquidation data cuts against that confidence. Long liquidations hit $1.85 million in 24 hours against just $71,000 in shorts.
Options volume also spiked 57.82%, a sign traders are quietly buying downside protection even while publicly positioned for a move higher.
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XRP is currently experiencing one of its most stable trading periods in recent months. According to CryptoQuant analyst Arab Chain, Binance’s 30-day realized volatility for XRP has declined to 0.34, marking its lowest level in three months. This data points to decreased price swings and a noticeable lull in trading activity after a period characterized by notable fluctuations.
Stabilizing prices signal market consolidationRecent market figures from CoinCodex indicate that XRP is trading at $1.06. This relative stability contrasts sharply with the volatile conditions seen in June, when price movement was significantly higher. Analysts have noticed that both buyers and sellers appear to be in a state of temporary equilibrium, neither pushing the market up nor down with aggressive moves.
Realized volatility assesses how much an asset’s price has actually changed over a certain period, serving as a practical measure of recent market activity. Arab Chain explained, “This decline reflects a notable reduction in daily price fluctuations, suggesting that the market is entering a period of relative calm following the heightened volatility.”
This decline reflects a notable reduction in daily price fluctuations, suggesting that the market is entering a period of relative calm following the heightened volatility.
With realized volatility at a three-month low, day-to-day XRP price changes have narrowed. This often coincides with tighter trading ranges and reduced speculative activity, as traders tend to wait for new signals before committing to substantial trades.
It is common for periods of volatility contraction to be marked by quieter markets, subdued trading volumes, and lower overall noise.
Potential catalysts for XRP’s next moveDespite little current excitement, history shows that muted volatility frequently precedes sharp moves once a fresh catalyst appears. Such drivers can include regulatory announcements, major institutional investment, shifts in macroeconomic factors, or increased trading volumes.
Ripple, the company behind the XRP ecosystem and a prominent provider of blockchain-based payments infrastructure, remains at the center of several ongoing industry developments. Potential regulatory clarity in the United States, Ripple’s continued expansion, rising institutional adoption, and evolving derivatives market strategies are all being monitored by market participants as possible triggers for renewed volatility.
Declining realized volatility is not, by itself, a bullish or bearish indicator. Instead, it typically signals a market in consolidation, where both buyers and sellers are hesitant to make large commitments ahead of formative news or shifts in sentiment.
Traders’ attention turns to key metricsClose monitoring of trading volumes and open interest is ongoing, as these metrics could offer early signs of renewed momentum. Increased buying or selling pressure, once it emerges, could quickly drive prices out of the current tight range.
Recently, activity and chatter around XRP have increased. Prominent mentions of XRP as a potential global bridge currency have circulated in online discussions, including in top search engine results, increasing public attention towards the token.
Several analysts have also suggested that XRP may be in the early phases of a new upward trend, pointing to technical patterns such as a possible Wave 3 advance. A sustained break above significant resistance levels could prompt a substantial price rally, though confirmation is still needed.
For now, with XRP holding the $1.06 mark and Binance volatility at a three-month low, the market remains in a period of calm. As industry watchers anticipate news or structural changes, history suggests this consolidation may set the stage for XRP’s next significant move, upward or downward.
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.
Analyst Jake Claver argues DeFi is standing at a fork in the road, and the path it takes will determine whether institutional capital ever shows up at scale. His answer centers heavily on one network: the XRP Ledger.
He said DeFi doesn’t need to be destroyed by regulation, but it can’t scale without someone accountable standing behind it. “DeFi cannot scale if there is no responsible party involved,” he said, framing liquidity pools as real financial products carrying smart contract risk, liquidity risk, and counterparty risk, not just lines of code.
That responsibility, he argues, can’t rest with a DAO, a GitHub repository, or an anonymous founder. Claver says institutions won’t touch pools that lack an accountable operator, since fiduciaries can’t engage with structures that can’t answer basic questions: who controls the pool, who approved the strategy, and who’s liable if something breaks.
He draws a clear regulatory line depending on what a pool holds. Commodity-based pools should fall under CFTC oversight; pools involving tokenized securities need broker-dealers, qualified custodians, and proper disclosures. Pools shouldn’t pretend to be something they’re not just because execution happens on-chain.
Claver also believes DeFi’s next phase needs a new kind of verification entirely. Alongside standard KYC and KYB checks, he introduced a third category: Know Your Agent, verifying who authorized an AI trading or treasury agent and what permissions it actually holds. “The future of finance is not just humans clicking buttons,” he said.
He laid out a seven-part framework for what regulated liquidity pools should look like, including legal classification, a responsible party with real enforcement authority, digital credentials for every participant, and emergency protocols for pausing or shutting down a pool during a crisis.
As for why XRP specifically, Claver points to the network’s track record. He says the XRP Ledger has never gone down once in its entire operating history, built originally for payments and settlement rather than speculation. He also highlighted its built-in decentralized exchange, fast finality, and recent amendments adding permissioned domains and credentials directly into the protocol.
Claver calls XRP the neutral bridge asset that connects regulated markets today, arguing that as tokenized assets and institutional liquidity move on-chain, a neutral settlement layer becomes essential. His closing view: the first era of DeFi ran on anonymous yield farming. The next era will run on regulated, credentialed liquidity, and he believes the XRP Ledger was built specifically for that shift.
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XRP remains in focus across the cryptocurrency sector as analyst CryptoBull has identified a long-term technical setup suggesting a possible substantial move above its current price level. His latest technical analysis highlights a projected target of $23 for XRP, far higher than its recent trading range.
CryptoBull projects ambitious targetCryptoBull presented a monthly XRP/USD chart that captures the token’s extended price history on the Bitstamp exchange. His analysis centers around an ascending trendline that he believes underpins significant phases in the asset’s development. Referring to traders waiting for a price drop to $0.87 or $0.73, CryptoBull stated that he expects to meet them instead at $23, underscoring his strong conviction in a future rally.
His declaration reflects a belief that XRP is more likely to surge to double-digit values than revisit previous lows. The chart highlights multiple periods where XRP advanced rapidly, then consolidated before gradually achieving higher support levels.
Those waiting for $0.87 or $0.73, I will see you at $23 for XRP, according to CryptoBull, who maintains that XRP is positioned for a significant breakout rather than a further decline.
Technical analysis supports long-term viewThe monthly candle chart includes a significant upward-sloping trendline, which CryptoBull interprets as a key indicator for his bullish projection. Over the years, XRP has tested this line repeatedly, moving through cycles of sharp rallies followed by corrections and extended consolidation.
Recently, XRP candles have settled well below this long-term trendline after an extended downturn. CryptoBull remains confident, asserting that a recovery above this technical level could drive the cryptocurrency toward the $23 mark.
However, other market analysts argue that XRP may need to dip below $1 before a new breakout occurs, drawing on previous cycles. CryptoBull strongly disagrees, indicating he expects the next major price movement to aim well beyond these levels.
Market outlook and opportunitiesThe scenario laid out by CryptoBull presents a case for a bullish trajectory over a longer time horizon. The $23 mark serves as the focal point in his projection, with the ascending trendline offering technical justification for his outlook.
Meanwhile, Google’s Gemini AI recently suggested that XRP may remain in a consolidation phase throughout August, reflecting uncertainty among algorithmic forecasts. Should the market shift momentum toward the upside and XRP break above its established resistance, the early stages of CryptoBull’s target scenario could unfold.
For many traders and investors attuned to technical indicators, regular monitoring of multi-month charts and potential breakout patterns remains essential. In a broader context of accessible financial products, new platforms are reshaping how assets are managed and exchanged. Among these, 1stepSwap is gaining attention by directly transferring real-world assets such as major U.S. stocks and commodities like gold and silver onto the blockchain. This integration enables users to access and trade these assets straight from their digital wallets, bypassing intermediaries and complex steps. By automatically sourcing the best available market rates, 1stepSwap enables portfolio diversification with virtually instant execution, effectively narrowing the gap between traditional finance and crypto markets.
The market will continue to watch XRP’s technical structure and responses to key support levels. CryptoBull’s scenario provides one of several possible paths for the token as it navigates upcoming 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.
Scam attempts targeting members of the XRP community are escalating on X, according to warnings from prominent XRP Ledger validator Vet. The uptick in fraudulent activity has led Vet to publicly caution users and highlight the tactics employed by scammers aiming to steal digital assets.
Vet, who remains an active participant within the XRP ecosystem, reported that malicious accounts are now tagging XRP holders with alarming frequency. The constant stream of mentions has overwhelmed his notifications, which Vet described as “completely unusable.”
He explained that these attacks often appear as offers of free XRP or giveaways, but stressed that users should be wary of unsolicited messages. According to Vet, scammers have intensified their efforts, with dozens of accounts flooding notification feeds every few minutes with misleading posts designed to lure victims.
Vet advised users to approach every unexpected offer with suspicion and avoid acting on impulse. He pointed out that fraudulent actors frequently seek to exploit excitement around digital asset promotions to deceive the community and extract funds from unsuspecting holders.
Scammers are actively targeting the XRP community in full force, as notification tabs are quickly flooded with scam tags every two minutes by multiple accounts. Nobody is giving anything away for free, and these tags are part of elaborate schemes to take users’ assets.
He added that even responding to these scams can contribute to their spread, as engagement metrics on X might boost the visibility of such posts, unwittingly putting more users at risk.
Calls for vigilance and collective cautionVet urged holders to maintain a cautious stance and recommended ignoring any offer that promises free tokens or rewards. Instead, he stressed the importance of verifying information before taking action, and if an offer appears dubious, it is safest to remain inactive.
He encouraged the XRP community to “sit on your hands” when faced with suspicious promotions, highlighting patience as a crucial defense against scams.
This approach aligns with broader security principles in digital finance, where users are often advised to question unexpected or unsolicited outreach, and to seek independent verification before interacting with offers.
Vet’s warning resonated with many XRP users, who shared similar experiences. Several community members reported frequent tagging by suspicious accounts, sometimes occurring multiple times each day. Others described resorting to blocking scam accounts to limit the influx of deceptive notifications.
Some individuals noticed that scam tags increase after engaging with popular content, while a few users speculated that X’s filtering mechanisms may have improved recently, resulting in a slight decline in scam notifications for certain accounts. Despite mixed experiences, the consensus pointed to ongoing attempts to exploit XRP holders on major social media platforms.
Digital Asset Investor and other notable XRP figures have also called attention to the persistence of scams, urging the community to remain vigilant. These warnings serve as reminders that, as online financial activity grows, so does the sophistication of fraudulent schemes targeting digital asset holders.
Given the rapid development of both crypto technology and attack strategies, some platforms seek to improve user protection and transaction transparency. Among the efforts to simplify access and security in the digital asset space, 1stepSwap has emerged as a practical gateway connecting traditional markets and the crypto ecosystem. By moving real-world assets such as major U.S. company shares and commodities like gold and silver directly onto the blockchain, 1stepSwap enables users to diversify and manage portfolios from a single wallet, without needing to navigate complex processes or intermediaries. Its dynamic price discovery feature ensures users always trade at the most favorable available rates in seconds.
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 newly proposed upgrade to the XRP Ledger (XRPL) could significantly modernize how multi-signature transactions are coordinated.
The proposal ("On-Chain Cosigner") has been submitted in the XRPL Standards repository.
If eventually adopted through the amendment process, it would allow signers to coordinate and collect multi-signature approvals directly on the XRP Ledger. There will be no need to rely on external communication channels and centralized coordinators.
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The proposal was authored by Shawn Xie, Zhiyuan Wang, Chenna Keshava B S, and Mayukha Vadari.
As explained by prominent XRPL community member Vet, the proposal addresses one of the biggest shortcomings of the ledger's existing multisignature implementation.
"On most chains and currently on the XRPL, multi-signers need to coordinate and collect signatures off-chain or with smart contracts," Vet explained. "This adds native on-chain multi-sig coordination, completely decentralized."
Eliminating the "last mile" problemIt should be noted that XRPL already supports multi-signature transactions, but the proposal argues that the current implementation still depends on an off-chain coordination process.
Today, a transaction must first be created and distributed manually to each authorized signer. Individual signatures are collected through external channels (email and so on).
The authors argue this process creates what they describe as the "last mile" problem.
If that coordinator loses collected signatures or goes offline, the signing process can fail.
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Under the proposal, a participant would first create a TransactionProposal object directly on the XRP Ledger.
It would be permanently stored on-chain with an immutable transaction payload.
Each signature would be validated immediately upon submission and added to the proposal's growing list of approvals.
Anyone could copy the completed transaction and submit it through XRPL's standard transaction process. No additional signature assembly would be required.
Built for institutional workflowsThe proposal places particular emphasis on enterprise and institutional use cases.
It notes that the feature is intended to complement several other advanced XRPL capabilities, including Batch transactions (XLS-56), sponsored fees and reserves, and future lending protocol operations.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
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Bitcoin and Ethereum whales build positions into weaknessLarge cryptocurrency holders are quietly accumulating $BTC, $ETH, and $XRP even as prices remain well below their 2025 highs, according to fresh on-chain data from @cryptoquant_com.
Bitcoin whale holdings, excluding exchanges and mining pools, rose to about 3.06 million BTC from 2.87 million BTC in December 2025, with accumulation accelerating after Bitcoin dropped below $60,000 in June. During the first days of August, Bitcoin traded at $63,935, remaining above its realized price of $52,900.
Ethereum wallets holding 10,000 to 100,000 ETH collectively held a record 19.6 million ETH, while wallets holding more than 100,000 ETH added roughly 1.8 million ETH since mid-2025. The scale of that absorption points to deliberate positioning rather than opportunistic trading.
In XRP markets, average spot order sizes remained in CryptoQuant's "big whale" category as the token traded between $1 and $1.20. The neutral reading of the 90-day taker cumulative volume delta indicator suggests that the process responds to a passive absorption of volume rather than aggressive market buying.
A familiar pattern, but caution remains"Rising whale balances into price weakness is the clearest smart-money tell," CryptoQuant said, adding that the accumulation pattern has historically preceded market bottoms while cautioning that the market remains exposed to further downside.
Rising whale balances during price weakness can reduce available supply and concentrate ownership among larger holders, the blockchain analytics company said in its latest Smart Money report.
Separately, 10x Research said Bitcoin could confirm a bear-market bottom with a monthly close above $63,000. Separate CryptoQuant analysis published earlier this month placed the asset's potential bear market bottom near $55,000, aligning with the asset's realized price, which has historically served as a major support level during past downturns.
The data paints a picture of institutional-scale buyers absorbing available supply across multiple assets, a behavior that has preceded recoveries in previous cycles. Whether this cycle follows the same script remains an open question, particularly with macro conditions still uncertain.
Sources:
CoinTelegraph: Bitcoin Whales Signal Possible Bear Market Bottom
KuCoin: CryptoQuant Reports Whale Accumulation in Bitcoin, Ethereum, and XRP
CoinMarketCap: Bitcoin Whale Deposits Hit Decade High as Bear Market Deepens
PANews, August 6 – According to The Block, Julio Moreno, Head of Research at CryptoQuant, said that large cryptocurrency holders are accumulating Bitcoin, Ethereum, and XRP, indicating that the bear market may have entered its final stage, but the bottom has not yet been confirmed and prices could still fall further. Moreno noted that when prices are near or below the realized price, whales are increasing their holdings, reducing downward pressure. Bitcoin whale balances (excluding exchange and mining pool addresses) have risen from 2.87 million BTC in December 2025 to around 3.06 million BTC, but remain below the 2025 bull market peak of 3.23 million BTC. On the Ethereum side, addresses holding 10,000 to 100,000 ETH kept accumulating to a record 19.6 million ETH, while the cohort holding 1,000 to 10,000 ETH fell from 15.6 million to 12.9 million ETH. XRP whales are quietly positioning by absorbing rather than actively buying. Bitcoin’s current price is about $64,640, above its realized price of $52,900; XRP is around $1.1, above its realized price of $0.75; Ethereum is around $1,900, below its realized price of $2,450. Moreno said the risk-reward ratio has declined significantly, but valuations still leave room for one more round of downside.
A convincing clone of Ripple's official website is circulating online, designed to drain the wallets of long-term $XRP holders. The fraudulent page replicates Ripple's branding, color scheme, and typography in close detail, and uses a loyalty angle to lower victims' guard, promising a reward for HODLers who never sold their tokens.
How the Scam Works The fake site presents a "Get Early Access" button aimed at committed XRP holders. Clicking it triggers a crypto drainer, a malicious script that, once a wallet is connected, executes an outbound transaction before the user realizes what has happened. Users are directed to a fraudulent site where connecting a non-custodial wallet triggers a malicious script that executes a single authorized transaction to empty holdings. The authorization step is the trap: once signed, the transaction is irreversible on-chain.
XRP Ledger chief architect David Schwartz (@JoelKatz) called out the site publicly on X, posting a blunt warning: "IT'S A SCAM!" Ripple does not run free XRP giveaways, and posts claiming otherwise on behalf of the company or its executives should be treated as scams. Ripple will never ask you to send XRP.
Part of a Broader Scam Wave Targeting XRP Holders The fake Ripple site is not an isolated incident. Scammers have deployed sophisticated phishing campaigns that bypass email authentication checks, while over 50 fake Ripple executive accounts were reported on Instagram and Telegram in Q1 2026. Fresh security warnings have targeted XRP users amid an ongoing scam wave, with fake sites cloning Flare Network, XORA, and other XRP-adjacent brands.
Blockchain analytics firm Chainalysis estimates that as much as $17 billion was stolen globally through crypto scams in 2025, the highest level ever recorded. Impersonation scams posted 1,400% year-over-year growth, driven in large part by AI tools that make fraudulent content faster to produce and harder to detect.
Schwartz's verified presence remains limited to his @JoelKatz handle on X. Fake Schwartz accounts have appeared on Telegram, Instagram, and other platforms. Holders are urged to verify all announcements through official channels, avoid clicking unsolicited links, and never connect a wallet to a site promoted through social media posts or direct messages.
Sources:
Ripple: How to Identify Crypto Scams
CryptoNews: Ripple CTO David Schwartz Warned of AI-Cloned Executives
CoinDesk: Chainalysis Report on AI and Impersonation Scams
TLDR XRP trades near $1.07, holding just above key support at $1.05 to $1.06. Open interest fell to a six-month low near $2.25 billion as leveraged positions unwind. CryptoQuant data shows balanced liquidations and neutral funding, pointing to a positioning reset rather than a forced sell-off. U.S. spot XRP ETFs logged four straight days of inflows despite the weak price action. Analyst Ali Charts calls $1.06 the deciding level, with upside targets of $1.35 and $1.64. XRP fell on Aug. 5, 2026, trading near $1.07 as buyers struggled to push the token higher.
The token was down about 0.9% over 24 hours. Trading volume sat near $911.7 million, with a market cap around $66.7 billion, keeping XRP as the sixth largest cryptocurrency.
The decline left XRP close to the $1.05 to $1.06 zone. This area has drawn buyers repeatedly since late June.
Leverage has dropped and funding sits close to neutral. Liquidations have also stayed fairly even between longs and shorts, which lowers the odds of a sudden forced sell-off.
Technical Picture Stays Weak The daily chart shows XRP falling from above $2.50 to around $1.0676, now consolidating near the bottom of that range.
The relative strength index reads 43.71, below the neutral 50 mark and its own moving average of 44.87.
XRP Price on CoinGecko MACD also leans bearish. The MACD line sits near -0.0110, just under its signal line at -0.0101.
A daily close below $1.05 could open the door to the $1.00 level and the late-June lows near $1.01.
A move back above $1.10 would be the first sign buyers are returning, with $1.13 to $1.15 as the next hurdle.
Analyst Ali Charts posted that $1.06 is the deciding level for XRP right now. He said holding that spot could send price toward $1.35 and later $1.64, while a clear breakdown opens the door to $0.80 and $0.62. Other online targets calling for $23 or higher aren’t backed by current market data.
Derivatives and ETF Flows CoinGlass data showed XRP futures volume near $1.35 billion, with total open interest around $2.25 billion. Both volume and open interest fell over the past day, down 10.27% and 5.59%.
CryptoQuant tracked XRP open interest dropping into a six-month range low, between 362 million and 369 million. The leverage ratio also slid toward 0.139 to 0.142.
Funding stayed between roughly -0.009 and 0.010. Long and short liquidations traded off rather than triggering a one-sided wipeout, which analysts read as a reset in positioning.
Spot flow data recorded a net outflow of about $2.15 million on Aug. 5, smaller than the outflow spikes seen in late 2025.
U.S. spot XRP ETFs logged four straight days of inflows totaling roughly $15.4 million, even as price stayed pinned near $1.08.
Ripple’s legal case with the SEC remains closed with a final judgment, including a $125.04 million penalty. The CLARITY Act is still waiting on a Senate floor vote.
On Aug. 3, Ripple announced investments in ZILO and Licuido, adding transfer agency and token issuance tools to its XRP Ledger infrastructure. The company did not disclose the investment amounts.
Bitcoin (BTC) hovers near $64,000 at the time of writing on Wednesday, buoyed by a marginal improvement in crypto sentiment amid growing optimism that the United States (US) and Iran could potentially reach an agreement to open the Strait of Hormuz this week.
Ethereum (ETH) mirrors Bitcoin’s neutral-to-bullish outlook, trading toward $1,900. However, Ripple (XRP) showcases structural weakness, falling for three straight days to trade around $1.07.
Trump eyes potential deal with IranUS President Donald Trump told reporters on Tuesday that negotiations with Iran are “moving along very nicely,” while adding that more information would be released in 48 hours.
“Could happen. Tomorrow or the next day. A lot of progress has been made,” Trump said while responding to an inquiry about an Axios report that the US is aiming to announce an agreement with Iran over the reopening of the Strait of Hormuz, according to ABC News.
Meanwhile, the crypto market sentiment has improved but only marginally to 28 in Fear territory on Wednesday, from 25 in the Extreme Fear region the day before, according to the Fear & Greed Index. This shows that investors are watching the developments in the Middle East, and that an agreement to reopen the Hormuz Strait could boost risk appetite.
Crypto Fear & Greed Index | Source: AlternativeTechnical analysis: Bitcoin rebound builds on support Bitcoin trades near $64,000 with a bearish near-term bias, as price holds beneath the key Exponential Moving Averages (EMAs). The pair is capped by the 50-day EMA at $64,656 and a downward resistance trendline whose break level sits near $64,578, while the 100-day and 200-day EMAs at $67,132 and $72,676 reinforce a broader topside supply zone.
Momentum remains soft, with the Relative Strength Index (RSI) hovering around the neutral 50 mark and the Moving Average Convergence Divergence (MACD) in negative territory, hinting that rallies are still vulnerable to selling pressure.
BTC/USDT daily chartImmediate resistance is seen first at the downward trendline break level around $64,578, followed closely by the 50-day EMA at $64,656, forming a nearby supply cluster. Further up, the 100-day EMA at $67,132 and the 200-day EMA near $72,676 mark successive barriers that would need to be reclaimed to alleviate the prevailing bearish tone and open the way for a more sustained recovery. Any dips toward recent lows would likely rely on intraday demand rather than well-defined daily chart floors.
Altcoins technical outlook: Ethereum builds momentum as XRP slides Ethereum trades at $1,871 and holds above the 50-day EMA at $1,852 while the ascending trendline support near $1,849 keeps a modestly constructive short-term tone. The RSI around 52 suggests neutral to slightly positive momentum, while the negative MACD reading hints that upside traction remains fragile as long as price stays under the higher daily EMAs.
ETH/USDT daily chartInitial resistance lies at the 100-day EMA near $1,927, with a more significant barrier at the 200-day EMA at $2,147, where a sustained break would be needed to strengthen the broader bullish outlook. On the downside, immediate support is seen around the 50-day EMA at $1,852, reinforced by the rising trendline support near $1,849. A daily close below this confluence would expose the pair to a deeper pullback and undermine the current constructive bias.
XRP, on the other hand, trades around $1.07, maintaining a bearish stance as the price holds well below the 50-day, 100-day, and 200-day EMAs clustered from roughly $1.12 to $1.40. The persistent rejection from the broader downtrend resistance line keeps the pair entrenched in a medium-term decline, while the RSI at 43 leans mildly bearish without yet signaling oversold conditions.
The MACD indicator has slipped marginally into negative territory, hinting that downside momentum remains in control even though selling pressure is not accelerating aggressively.
XRP/USDT daily chartInitial resistance lies at the 50-day EMA around $1.12, with further barriers at the 100-day EMA near $1.20 and the 200-day EMA close to $1.40, where the broader downtrend line also exerts structural pressure. On the downside, the lack of clearly defined structural levels on the daily chart leaves the immediate focus on psychological levels at $1.05 and $1.00.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
Cryptocurrency prices FAQs Token launches influence demand and adoption among market participants. Listings on crypto exchanges deepen the liquidity for an asset and add new participants to an asset’s network. This is typically bullish for a digital asset.
A hack is an event in which an attacker captures a large volume of the asset from a DeFi bridge or hot wallet of an exchange or any other crypto platform via exploits, bugs or other methods. The exploiter then transfers these tokens out of the exchange platforms to ultimately sell or swap the assets for other cryptocurrencies or stablecoins. Such events often involve an en masse panic triggering a sell-off in the affected assets.
Macroeconomic events like the US Federal Reserve’s decision on interest rates influence crypto assets mainly through the direct impact they have on the US Dollar. An increase in interest rate typically negatively influences Bitcoin and altcoin prices, and vice versa. If the US Dollar index declines, risk assets and associated leverage for trading gets cheaper, in turn driving crypto prices higher.
Halvings are typically considered bullish events as they slash the block reward in half for miners, constricting the supply of the asset. At consistent demand if the supply reduces, the asset’s price climbs.
