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We will also review the weekly performance of the funds, which ended on a high note.

The spot exchange-traded funds tracking Ripple’s cross-border token continue with their impressive performance in times of market uncertainty, and saw only one day of no reportable action in the past week, unlike the previous ones.

July also ended in the green for the funds, meaning that only one out of the nine months they have been active was in the red.

The Good Weekly and Monthly Data from SoSoValue shows that Monday and Wednesday were quite modest in terms of net inflows. On both days, the ETFs attracted just under $600,000. However, the green streak continued and accelerated at the end of the business week, with $6 million in net inflows on Thursday and another $7.7 million on Friday.

Thus, the week ended with $14.86 million in the green, making it the best since the one that ended on July 2, when the funds attracted $17.19 million. On a monthly scale, investors poured in $27.29 million into the spot XRP ETFs.

What’s even better is that the funds have reached another all-time high in terms of cumulative total net inflows, at over $1.5 billion as of Friday’s close. Bitwise’s XRP has extended its lead over Canary Capital’s XRPC, with $511 million in net inflows compared to $467 million for the latter.

The Bad Although July indeed ended in the green, the actual net inflows were not all that impressive. The $27.29 million places July as just the second-worst month, beating only January when investors inserted $15.59 million into the funds.

In contrast, June was a lot more positive, with the net inflows standing close to $60 million. May was even better, with almost $132 million. The all-time high from November at $666.61 million remains untouchable.

You may also like: Ripple (XRP) ETF Inflows Set Another Record, but One Problem Remains Classic Bullish XRP Pattern Emerges as Large Wallets Keep Accumulating Ripple (XRP) ETFs Resume Inflow Streak, but There’s an Elephant in the Room The Ugly Although this improved at the end of the month, July saw the most days with no reportable action in terms of net flows. Precisely half of the trading days (11 out of the 22) saw no flows, according to SoSoValue, which, aligned with the more modest $27.29 million in net inflows, suggests dwindling interest in the funds.

Separately, the underlying asset’s price performance continues to disappoint despite the numerous positive developments in the broader Ripple ecosystem. Although it managed to defend the $1.05 support during the weekend, XRP is still below $1.10, and it’s down by more than 3% on a monthly scale. What’s even more worrisome is the fact that August has been a particularly painful month for the asset historically.

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Exchange-traded funds tied to XRP emerged as one of the brightest spots in the digital asset investment landscape over the past week.

According to data shared by market commentator CarpeNoctom, XRP-focused ETFs recorded $15 million in weekly net inflows, significantly outperforming Bitcoin and Solana investment products. Bitcoin ETFs experienced $0.6 million in net outflows, while Solana funds saw a much steeper $17 million in outflows. Ethereum ETFs remained marginally positive, posting $0.4 million in net inflows.

The figures show that investor demand is becoming increasingly selective rather than uniformly bullish or bearish across the cryptocurrency market. 

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The contrast is particularly striking when compared with Solana. Despite growing developer activity and continued ecosystem expansion, Solana investment products posted the largest weekly decline among the assets tracked.

XRP's resilienceThe asset has increasingly attracted attention following expanding institutional access through regulated investment products in multiple jurisdictions.

In addition, continued optimism surrounding Ripple's expanding ecosystem has helped to strengthen investor confidence. 

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If this pattern continues, XRP ETFs could further strengthen their position within the growing digital asset investment ecosystem.

The strongest day came on July 31, when XRP spot ETFs attracted $7.11 million in net inflows. That followed another $5.57 million on July 30, meaning nearly $12.7 million entered XRP ETFs in just two consecutive trading days. This accounts for the vast majority of the week's net inflows and suggests that institutional buying accelerated toward the end of the week rather than being evenly distributed.

The pattern is also notable because there were no meaningful outflow days during the period. Instead, investors either added capital or remained on the sidelines. Smaller inflows of around $547,000 on July 29 and $533,000 on July 27, together with earlier gains of $5.09 million on July 21 and $2.27 million on July 20, paint a picture of steady accumulation rather than speculative, short-lived buying. 

XRP spot ETFs have now accumulated approximately $775.5 million in total net inflows since launch. 

A heated dispute has erupted in the US Senate as negotiations over the CLARITY Act—legislation intended to establish federal rules for digital assets—enter a critical phase. Senator Cynthia Lummis and Senator Elizabeth Warren have begun exchanging public barbs, focusing on the bill’s ethics provision and implications for former President Donald Trump.

Warren’s staff flags ethics ‘loopholes’Democratic staff on the Senate Banking Committee, led by Senator Warren, released a formal analysis challenging the ethics section of the CLARITY Act. The review stated that the recently published draft is “riddled with major loopholes.”

The staff argued the current language would not stop Trump from benefiting financially from cryptocurrency ventures. According to recent financial disclosures, Trump received over $1.4 billion in crypto-related earnings during 2025. These ventures include the prominent $TRUMP memecoin and World Liberty Financial, both linked directly to Trump’s business activities.

Warren’s team maintained that enforcement of these ethics rules would ultimately fall to a Justice Department overseen by Trump himself if he holds office again, raising concerns about conflicts of interest. The unresolved ethics debate has contributed to a protracted stalemate on the Senate floor.

Warren’s staff highlighted that “the draft is filled with exemptions that would allow Trump to continue profiting from crypto activities, even if these activities directly present a conflict with federal ethics standards.”

Mini dictionary: CLARITY Act, a legislative proposal in the United States aiming to clarify the regulatory framework for digital assets and crypto markets, affecting how federal rules address digital asset management and ethics disclosures.

Lummis pushes back, cites consumer focusSenator Cynthia Lummis, a longtime advocate for clearer digital asset regulations, dismissed the Democratic staff’s analysis. She directly accused Senator Warren of being motivated by antipathy toward Trump rather than genuine concern for consumer protection.

Lummis reiterated the provisions were carefully crafted to strengthen ethics standards across the entire federal government. She emphasized that the framework was designed to create long-term regulatory norms rather than targeting a specific officeholder.

Lummis asserted that “the goal is to create strong, lasting ethical standards—singling out any individual was never the intention.”

Where the bill stands nowThe Senate Banking Committee approved the CLARITY Act in May, but the disagreements over ethics language have prevented progress on the Senate floor. A bipartisan counterproposal—led by Senators Thom Tillis and Ruben Gallego—was submitted to the White House this week. This alternative would allow state attorneys general to pursue legal action against the Department of Justice should it fail to apply ethics rules to federal officials.

An earlier White House offer did not receive enough Democratic backing for passage. Senate Majority Leader John Thune has previously stated his intention to schedule a floor vote before the chamber’s August 8 recess.

ProposalMain BackersKey FeatureStatusCLARITY Act (original draft)Sen. Cynthia LummisFederal ethics language applies to crypto activitiesStalled in SenateTillis-Gallego counterproposalSen. Thom Tillis, Sen. Ruben GallegoEmpowers state attorneys general to sue DOJAt White House for reviewSenator Lummis has indicated she will not entertain further negotiations, stating that it is time for a vote. The White House’s forthcoming response to the Tillis-Gallego alternative will likely determine if the bill reaches the floor before the summer recess.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

The XRP Ledger is advancing toward its next core software release, xrpld version 3.3.0, expected in the coming week. This update will place five proposed amendments before network validators, expanding support for tokenized assets, institutional operations, privacy protections, and more flexible transaction handling.

Two of the proposals revive earlier designs that had been withdrawn after serious security flaws were identified.

RippleX Head of Product Jazzi Cooper outlined the package, noting that the ledger has already shown it can handle tokenized assets at meaningful scale.

XRPL has already proven it can support tokenized assets at scale. Now it’s time to put these assets to use: global transfers, trading, collateralizing, and settling.

The upcoming release of xrpld 3.3.0 includes five amendments that move XRPL significantly closer to that goal.…

— Jazzi Cooper (@jazzicoop) July 31, 2026

Attention is now turning to practical applications including cross-border transfers, trading, collateral use, and settlement.

The five amendments—Confidential Multi-Purpose Tokens (MPT), Batch, Permission Delegation, Sponsored Fees and Reserves, and Dynamic MPT—are intended to support that next stage of development.

Batch permits up to eight transactions spanning different accounts to run together in an all-or-nothing fashion within one ledger close.

This atomic approach enables more complex workflows and institutional patterns such as delivery-versus-payment without introducing external trust assumptions.

The feature had previously reached the validator voting stage in February 2026.

Security researcher Pranamya Keshkamat, in collaboration with Cantina, then uncovered a critical weakness in its signature-validation logic that could have allowed an attacker to execute transactions from arbitrary accounts without holding the corresponding keys.

Validators were advised to reject the proposal, and an emergency software release marked the amendment unsupported to prevent activation.

Because it never reached the main network, no balances were affected.

A corrected implementation is now part of the forthcoming release.

Permission Delegation lets an institution assign narrowly defined transaction rights to another account while retaining full control of signing authority.

This supports role-based access common in institutional settings.

A vulnerability disclosed in September 2025 showed that the original design could allow one account to impose fees on another and potentially deplete its balance.

The feature was disabled, and both original proposals were later listed as obsolete pending revised versions.

The three remaining amendments are new.

Confidential MPT pairs zero-knowledge proofs with elliptic-curve encryption so that Multi-Purpose Token balances and transfer amounts can remain private on the public ledger.

Authorized parties such as auditors or regulators can still verify details when required—an important consideration for institutions evaluating public blockchain use.

Sponsored Fees and Reserves enables a bank, issuer, or platform to cover another account’s XRP transaction costs and reserve requirements.

Account holders keep ownership of their keys and accounts while avoiding the need to obtain XRP simply to begin interacting with the network.

Dynamic MPT allows an issuer to specify at creation time which token properties may later be adjusted.

This avoids the need for a full migration to a new token when transfer fees, metadata, or other settings must change in response to business or regulatory developments.None of the amendments activate automatically.

Protocol changes on the XRP Ledger take effect only after at least 80 percent of trusted validators sustain support for two consecutive weeks.

This process keeps decision-making with the broader network.

The upcoming software release therefore restores previously paused capabilities in strengthened form while adding tools focused on privacy, easier institutional onboarding, and greater operational flexibility. Validators will determine the timeline through their review and voting.

Despite multiple attempts to reach higher levels, XRP is still under pressure; the asset is currently trading at about $1. 08. The recent symmetrical triangle that had been forming throughout the second half of July has resolved to the downside, according to the daily chart. Even though the breakdown hasn't led to aggressive selling, it shows that buyers still don't have enough momentum to buck the general trend. 

Overall, the technical situation is still negative. The 50-day EMA ($1.09), 100-day EMA ($1.10), and 200-day EMA ($1.20) are all still below where XRP is trading. Any attempt at a recovery will probably encounter strong selling pressure before a more significant trend reversal can even start because those moving averages now create a stacked resistance zone directly above the current price. 

XRP/USDT Chart by TradingViewAfter the triangle breakdown, volume has also stayed comparatively quiet. Significant reversals are usually accompanied by increased trading activity, but this confirmation has not yet materialized. 

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Rather, market participation has steadily decreased, indicating that traders are holding off on making capital commitments until they see a more potent catalyst. The same hesitancy is reflected in momentum indicators. XRP is in neutral territory as the Relative Strength Index is close to 47. 

The market isn't strong enough to indicate a resurgence of bullish momentum or oversold enough to encourage aggressive bargain hunting. For bulls, recovering the 50-day EMA around $1.09 is the primary goal. The 100-day EMA close to $1.10 would come into focus with a successful move above that level. 

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The psychologically significant $1.20 area, where the long-term 200-year EMA presently resides, would become accessible if both moving averages were cleared. On the downside, XRP may experience another leg lower toward the $1.00 psychological level if the $1.05-$1.06 support area is not maintained. 

The longer-term downward trend would be strengthened and market sentiment would be considerably weakened if that threshold were to be broken. For the time being, XRP is stuck between weakening momentum and close support; whether buyers can eventually reclaim the cluster of moving averages overhead will probably determine the next big move.

Can Bitcoin turn into growth?After the sharp correction that erased its spring rally, buyers and sellers have shown little urgency as Bitcoin continues to consolidate around $63,000. After failing to maintain gains above $80,000 earlier this year, the daily chart shows a market looking for direction. 

Over the past few weeks, Bitcoin has developed a comparatively stable trading range, in contrast to many other altcoins. The 50-day EMA, which is currently nearly exactly at the market price at $63,950, has seen a compression in price action. Instead of a strong directional trend, this suggests short-term equilibrium. 

BTC/USDT Chart by TradingViewThe overall picture is still difficult, though. Bitcoin is still trading below the 200-day EMA, which is close to $72,800, and the 100-day EMA, which is at about $67,200. The fact that these longer-term moving averages are still sloping downward suggests that the macro trend has not yet turned back in favor of buyers. 

Additionally, volume has decreased during the current phase of consolidation. As volatility decreased, trading activity has progressively decreased rather than exhibiting accumulation. Although a larger move is frequently preceded by declining volume, there is currently little indication on the chart regarding the potential direction of that breakout.  

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A neutral market with no significant buying or selling extremes is reflected by the Relative Strength Index, which is currently at 46. This is consistent with Bitcoin's fluctuations over the previous month. Around $67,000, the 100-day EMA continues to be the main barrier. 

Regaining that level would enhance the technical outlook for Bitcoin and might inspire another attempt to reach the 200-day EMA around $73,000. Recovering above both moving averages would be the first significant indication of a trend reversal since the correction started. 

Support is still concentrated between $62,000 and $63,000, where buyers have frequently found Bitcoin in recent weeks. The market would probably experience another drop towards $60,000, a level with both technical and psychological significance, if that zone were lost. Bitcoin is currently stuck in a consolidation phase. 

Cardano's return potential Cardano has had one of its best daily results in weeks, rising by almost 9% to trade at about $0. 19. After months of continuous weakness, the rally lifted ADA above both its 50-day and 100-day EMAs, which is a positive technical development. But the action has put the asset squarely in a significant resistance area, which may decide whether or not this recovery can continue. 

The 200-day EMA, which is close to $0. 197, is currently the most significant barrier. This moving average has historically served as a boundary between long-term bullish and bearish trends, and ADA is currently testing it for the first time since the June decline. The technical outlook would be greatly improved by a decisive daily close above that level, which might lead to more buying from traders awaiting trend confirmation.  

During the rally, trading activity increased significantly, indicating real participation rather than a low-volume price spike. Additionally, momentum has increased; the Relative Strength Index has risen to about 66. Even though that is getting close to overbought territory, there is still time for another leg higher before buyers give up. Still, traders need to exercise caution. 

Even though ADA has recovered its shorter-term moving averages, it is still in a wider downtrend over the longer time frame. The current rally may simply turn into another lower high within the longer bearish structure if bulls are unable to close above the 200-day EMA. The first significant support on the downside is now the recovered $0.168-$0.170 region. 

The bullish structure created during the breakout would be maintained by holding above that area. ADA would probably return to the mid-$0. 15 range if it lost it. As of right now, buyers are clearly in the lead. Whether Cardano is starting a true trend reversal or just staging another relief rally inside a much larger bearish cycle will be determined by the next few daily candles.

Solana's attempt to gain foundationSolana has stabilized at $73, but it still faces long-term resistance. The asset is still trapped between close support and a group of moving averages that consistently cap each attempt at recovery after several weeks of sideways trading. In a technical sense, the situation is still unclear. 

SOL is trading near the 50-day EMA and below both the 100-day EMA at $75 and the 200-day EMA at $79. This arrangement implies that buyers have not yet created enough momentum to establish a sustained uptrend, even though selling pressure has decreased since June. Growing uncertainty is also reflected in price action. Solana developed a tightening consolidation pattern with lower highs and comparatively stable support over the previous few weeks. 

SOL/USDT Chart by TradingViewBulls were left without a definite technical victory as the price fell below the lower trendline rather than producing a convincing breakout. Fortunately for purchasers, there hasn't been much follow-through selling and the breakdown has stayed superficial. During consolidation, volume keeps falling, which indicates that buyers and sellers are holding off on making capital commitments until there is a stronger catalyst. 

The lack of directional momentum is confirmed by the Relative Strength Index, which is firmly in neutral territory at 47. Reclaiming the 100-day EMA around $75 is the bulls' immediate challenge. 

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The 200-day EMA at about $79 would come back into focus if it were to successfully move above that level. The strongest bullish signal Solana has generated in months would be the recovery of both moving averages, which could pave the way for the mid-$80 range. 

Support is in the range of $71 to $72 if sellers regain control. If SOL were to lose that zone, it would probably return to its June lows and strengthen the general bearish trend that has dominated the majority of 2026. Solana is still in consolidation as of right now. 

Although there hasn't been a significant breakdown, the asset doesn't have enough momentum to overcome long-term resistance. Sideways trading is likely to continue to be the predominant scenario until the price decisively breaks above the moving averages or below recent support.

Wietse Wind, founder and developer of the Xaman wallet, has issued an urgent alert to the XRP community after scammers used a verified X (formerly Twitter) account to promote an alleged “XMN” token falsely linked to the Xaman project.

The fraudulent post appeared from the official X account of Arlington ISD, suggesting attackers managed to compromise and take control of this verified account. The scammers adopted Xaman’s official branding and announced that a token claim process for XMN was live on the XRPL network, directing users to an “allocation checker” site.

By leveraging a high-profile, verified social media account, the scammers increased the apparent legitimacy of their claims. Such tactics, which rely on capturing trust through recognizable brands or verification marks, are increasingly common in phishing attacks targeting cryptocurrency users.

Wietse Wind responded quickly, making it clear that Xaman has no token now or planned for the future, and categorically called the campaign a scam targeting unsuspecting users.

There is no Xaman token. There will not be a Xaman token. These are scams, and users should remain vigilant against such attempts at deception.

Wind and the Xaman team reiterated their commitment to monitoring for impersonation and scam accounts, while encouraging the community to report suspicious activity.

Escalation of fraud in the XRP ecosystemAttempts to impersonate the Xaman wallet or launch fake tokens have persisted throughout 2026, with increasingly aggressive tactics appearing across the XRP ecosystem. Earlier this year, South Korean authorities arrested a group accused of stealing 3.4 million XRP (about $8.55 million) from 71 individuals by exploiting trust in the community through similar schemes.

Ripple‘s former CTO, David Schwartz, also highlighted the growing sophistication of coordinated phishing efforts, with malicious actors launching fake airdrops, running giveaway schemes, and adopting the branding of established teams to lure victims and drain their assets.

Such attacks generally seek to create a sense of urgency or legitimacy, pushing users to act quickly and hand over sensitive access or sign transactions they do not fully understand.

Scammers consistently manufacture urgency, borrow legitimate branding, and pressure users to act before verifying the authenticity of claims.

Wietse Wind has remained consistent in his advice to the community. He urges users not to sign transactions unless they are certain of a source’s legitimacy, to avoid engaging with any social media posts or accounts offering free tokens, airdrops, or promising early access to products or features that have not been confirmed by official channels.

He emphasized that Xaman does not have a desktop wallet, browser extension, or proprietary token. Any communication suggesting otherwise should be treated as fraudulent. Users are strongly advised to double-check announcements directly from official sites and social channels before taking any action.

Reporting suspicious accounts or domains remains a crucial step in countering these scams. Wind and other prominent figures in the space continue to stress that a proactive, cautious approach offers the best protection amid a rise in social engineering and phishing attempts.

Amid increased scam activity, platforms that facilitate easier and safer access to digital assets also attract attention. For instance, 1stepSwap stands out as a user-friendly platform bridging traditional finance and crypto by directly tokenizing real-world assets such as US equities and commodities like gold and silver onto the blockchain. Its market scanning algorithms ensure that trades are executed at the most competitive price instantly, enabling users to diversify their portfolios while maintaining direct wallet custody, without intermediaries.

The risk of scams grows alongside greater integration between traditional assets and blockchain solutions, highlighting the importance of vigilance, verification, and reliance on trusted sources in the digital asset space.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

The XRP Ledger is preparing for one of its biggest upgrades yet. RippleX will roll out xrpld v3.3.0 next week, introducing five new features focused on tokenized assets, privacy, and institutional finance. 

While the update is not yet live, it could make XRPL more attractive to banks and businesses using blockchain.

XRPL Moves Closer to RWA AdoptionRippleX Head of Product Jazzi Cooper said XRPL has already shown it can support tokenized assets at scale. Now, the focus is on making those assets easier to transfer, trade, use as collateral, and settle across the network.

Jazzi said that the upcoming xrpld v3.3.0 release includes five protocol amendments designed to improve how institutions use the XRP Ledger. 

Meanwhile, two of these features are being restored after earlier versions were removed due to security audits that found critical issues.

XRPL has already proven it can support tokenized assets at scale. Now it’s time to put these assets to use: global transfers, trading, collateralizing, and settling.

The upcoming release of xrpld 3.3.0 includes five amendments that move XRPL significantly closer to that goal.…

— Jazzi Cooper (@jazzicoop) July 31, 2026 Five New Features Coming to XRPLThe biggest addition is Batch Transactions, which lets users combine up to eight transactions into one package. Either all transactions succeed together, or they all fail, helping reduce costs and improve network efficiency.

Another key feature is Permission Delegation. This allows businesses to give limited account access to employees or third parties without sharing full control of their wallets, making institutional asset management safer.

The update also introduces Confidential Multi-Purpose Tokens (Confidential MPT). This feature hides token balances and transaction amounts from public view while still allowing regulators or approved auditors to access the information when needed.

Another improvement is Sponsored Fees and Reserves, allowing companies to pay network fees on behalf of their users. This means customers may no longer need to hold XRP just to use applications built on the XRP Ledger.

Finally, Dynamic Multi-Purpose Tokens (Dynamic MPT) will let token issuers update certain token settings after launch without creating a new token. This makes it easier for businesses to adjust to changing regulations.

Although RippleX plans to release the server software next week, the features will not become active right away.

Under the XRP Ledger’s governance process, each amendment must receive at least 80% support from trusted validators for 14 straight days before it becomes part of the main network.

The release also shows how quickly XRPL’s roadmap is moving. Just weeks ago, these features were still under development, while validators were mainly reviewing bug-fix updates for lending, vaults, permissioned exchanges, and multi-purpose tokens.

If approved, the new features could strengthen XRP Ledger’s position as one of the leading blockchains for tokenized real world assets and enterprise blockchain applications.

Story Ends Here

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As August 2026 began, Ripple pulled off its classic escrow maneuver, but with one important shift in transaction timing. Every month, XRP holders await the release of one billion tokens, bracing for pressure on the order books. 

This time, however, the company moved first and on Aug. 1, Ripple preemptively locked 700 million XRP back into escrow in two tranches of 200 million and 500 million, according to XRP Scan data.

Only after that did the system release the main 1 billion XRP in three consecutive portions of 500 million, 300 million and 200 million tokens. This maneuver reduced the actual inflow of fresh liquidity to just 300 million XRP, which could serve as a strong preventive signal for investors accustomed to seasonal dumping.

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XRP intraday price chart with timestamp from Whale Alert on Ripple's escrow unlocking, Source: TradingViewThe reason is that historical statistics covering the past 13 years have turned August into the worst nightmare for XRP holders. The median return for the month stands at a harsh -6.15%, while the average barely remains positive at +0.54%. 

Over the past three years, the token has consistently closed August lower: -26.6% in 2023, -9.17% in 2024 and -8.15% in 2025.

Why the $1.0480 support changes the August outlook for XRPNevertheless, the token is currently breaking this destructive historical pattern. While Ripple was moving the tranches, the intraday XRP/USD chart found a local bottom at $1.0480 late on Aug. 1, then reversed upward and consolidated around $1.0818.

In the final analysis, instead of the dumping expected by the market, investors received a targeted liquidity injection alongside a current monthly return of +1.93%, which is keeping the trend in the green after July's +2.11% gain. The early isolation of most of the tokens removed a potential supply overhang at the very start of the most dangerous month of the year.

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For large holders and traders, this is a sign that the $1.0480–$1.0600 zone is now being firmly cemented beneath the price, forming an August floor that could protect the asset from its usual seasonal dump.

Ripple Lawsuit Architect Takes Over as US Director of National Intelligence

Ripple’s valuation in the private market has reached an estimated $50 billion, reflecting a 400% increase from its 2019 estimate of $10 billion. The new valuation coincided with a $750 million share buyback that enabled employees and early investors to sell shares to the company at the updated price.

Ripple’s growth driven by buyback and product expansionThis valuation increase comes amid Ripple’s ongoing legal dispute with the US Securities and Exchange Commission, a case that has spanned several years. Despite the regulatory headwinds, Ripple has expanded its operations globally, secured new licenses, launched the RLUSD stablecoin, and bolstered its digital asset custody and enterprise payment infrastructure via strategic acquisitions.

Ripple operates as a fintech company focused on enterprise blockchain payments and cross-border transaction solutions. Its latest initiatives are aimed at broadening the use and adoption of blockchain technology in institutional finance and global payments.

While the valuation of Ripple as a company does not directly affect the XRP token price, analysts note that a stronger capital base allows for accelerated development on the XRP Ledger, wider RLUSD adoption, and scaling up of institutional payment offerings. These developments have the potential to attract more banks, asset managers, and institutions and may support long-term demand for XRP.

Institutional outlook: Standard Chartered’s targetsInstitutional sentiment for XRP remains robust. Standard Chartered, one of the world’s leading international banking groups, recently published its long-term cryptocurrency outlook and reaffirmed its 2030 XRP target of $28. The bank also maintained targets of $500,000 for Bitcoin, $40,000 for Ethereum, and $2,000 for Solana, despite adjusting certain short-term forecasts.

Standard Chartered’s maintained $28 price target for XRP signals continued confidence in XRP’s expected participation in expanding markets for cross-border payments, stablecoins, and tokenized real-world assets.

Reaching the $28 mark would imply an approximately 2,500% rally from the current price of $1.08, according to market data provider CoinCodex. Achieving this long-term target would likely require increased institutional adoption, greater use of the XRP Ledger for tokenization and payments, steady ETF demand, and greater regulatory clarity in major financial markets.

AssetCurrent PriceStandard Chartered 2030 TargetPotential UpsideXRP$1.08$282,500%Bitcoin$68,000$500,000635%Ethereum$3,400$40,0001,076%Solana$150$2,0001,233%XRP’s recent performance reflects growing enterprise interest. On-chain data shows that XRP registered the highest average transaction size among major cryptocurrencies, a metric typically linked to institutional or enterprise-level transfers. Evernorth, a business division focused on digital health services, is reportedly increasing its use of XRP for treasury management, strengthening the trend toward enterprise capital movement within the network.

Mini dictionary: Evernorth is a health services company under Cigna, providing digital and data-driven solutions. Its enhanced use of XRP in treasury operations suggests a growing trend of blockchain applications beyond financial services.

Indicators of increasing institutional demandInvestors are also showing confidence by moving considerable amounts of XRP off Binance and into self-custody, suggesting a preference for long-term holding. In addition, US spot XRP ETFs have drawn more than $1.5 billion in cumulative net inflows, reducing the liquid supply on exchanges and increasing institutional exposure to the asset.

These developments—Ripple’s higher valuation, Standard Chartered’s reaffirmed forecast, surging institutional transaction sizes, growing treasury use, strong ETF inflows, and exchange outflows—point to sustained institutional confidence in the Ripple and XRP ecosystem, despite ongoing market volatility.

Major global investors and institutions continue to position for Ripple’s anticipated role in the future digital asset landscape, as reflected by recent capital flows and corporate strategies.

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 unlocked one billion XRP worth more than $1.06 billion through three separate releases, placing fresh supply back under market scrutiny. The transaction sequence included 500 million XRP valued at $532.86 million, 300 million XRP worth $319.65 million, and another 200 million XRP valued at $213.11 million. 

However, token unlocks have not always translated into immediate selling pressure because Ripple historically redistributed portions through escrow management. Market participants instead shifted their attention toward whether exchanges would receive a meaningful share of the unlocked tokens. 

As a result, traders closely monitored supporting on-chain metrics for confirmation. Any sustained rise in exchange activity would likely strengthen distribution concerns, whereas limited follow-through could preserve XRP’s current market structure.

Source: X/Whale Alert Exchange inflows added another layer of concern Spot exchange flows shifted direction after months of persistent outflows, introducing another variable into XRP’s outlook. 

At press time, netflows reached +$2.41 million, marking one of the few positive readings after an extended period dominated by negative values. Unlike previous sessions, the latest inflow suggested more XRP entered exchanges than left them, naturally raising the possibility of additional available trading supply. 

Even so, the figure remained relatively modest compared to historical inflow spikes exceeding tens of millions of dollars. Buyers therefore retained an opportunity to absorb incoming liquidity without immediately disrupting market stability. 

Market conviction would likely strengthen if future sessions returned to negative netflows, while consecutive positive readings could reinforce expectations of growing exchange-bound supply.

Source: CoinGlass Does the falling NVT ratio favor XRP? On-chain activity improved despite the renewed exchange inflows. 

XRP’s Network Value to Transaction (NVT) ratio declined to 87.8584 as of writing, representing a sharp 62.08% daily drop. 

Lower NVT values generally reflected stronger transaction activity relative to market capitalization, indicating that network usage accelerated faster than valuation. Such behavior often supported healthier market conditions because capital circulated more efficiently across the blockchain. 

Nevertheless, stronger network activity alone rarely eliminated concerns surrounding fresh token supply. Investors instead weighed improving utility against the additional XRP entering circulation. 

If transaction activity continues expanding while exchange inflows remain contained, the network’s strengthening fundamentals could offset part of the selling pressure narrative surrounding Ripple’s latest unlock.

Source: CryptoQuant XRP defended support as selling pressure increased At the time of analysis, XRP traded around $1.0656 after repeatedly defending the $1.05 support zone throughout recent sessions. 

Price rejected lower levels several times, showing buyers continued protecting that area despite persistent overhead resistance near $1.15. Meanwhile, the MACD reflected weakening bullish conditions. The MACD line slipped to -0.0119, while the signal line stood at -0.0089, and both moved beneath the zero line. 

The histogram also remained negative, revealing fading buying interest rather than renewed strength. Despite softer technical conditions, sellers failed to force a decisive breakdown below support. 

If buyers maintain control above $1.05, XRP could attempt another move toward $1.15. However, losing that floor would likely expose $1.00 as the next major downside target.

Source: TradingView To sum up, Ripple’s billion-token unlock and the return of positive exchange netflows raised legitimate supply concerns, yet stronger network activity softened part of that bearish narrative. 

XRP still defended its key support despite weakening technical indicators. 

Buyers would likely need to preserve the $1.05 floor and absorb additional exchange supply before confidence could shift back toward a broader recovery.

Final Summary XRP defended the $1.05 support despite fresh supply entering exchanges after the latest unlock. Improving network activity offset part of the bearish outlook, but exchange inflows require close monitoring.

XRP is consolidating around the $1.05 mark, as prominent crypto analyst EGRAG CRYPTO outlined new levels that could influence the asset’s next direction. According to the analyst, who regularly shares technical insights with thousands of followers, $1.10 has emerged as the key level to watch for bullish confirmation on the 4-hour chart.

XRP battles at the $1.05 support zoneTechnical analysis from EGRAG CRYPTO defines the range for XRP between immediate support at $1.048 to $1.05, and overhead resistance at $1.14. After retreating from recent highs near $1.14, XRP tested the lower end of this range and is now attempting to hold a crucial support level.

The chart indicates that XRP remains in a short-term bearish structure, as a sequence of lower highs persists. If the asset stays above $1.05, the focus shifts to a move above $1.083, which would signal improving momentum toward reclaiming key resistance levels.

On the 4-hour chart, $1.05 stands out as the decisive area for buyers. The confirmation path is clear: XRP must defend $1.05, regain $1.083, and then break and retest $1.10. A 4-hour close above $1.10 may open the door to higher levels.

$1.10 emerges as the breakout thresholdEGRAG CRYPTO underscored that a sustained break and retest of $1.10 would provide confirmation for a bullish shift in XRP’s market structure. This level represents a major resistance zone, and a move above it could return bullish sentiment to the asset. The first upside target above $1.10 is set at $1.14, with further objectives at $1.183 and $1.20.

Should XRP achieve a 4-hour close above $1.10, analysts expect the token to target the $1.14 and $1.183 levels as its next potential resistance points.

LevelTypeStatus$1.048–$1.05SupportCurrently Defended$1.083Intermediate ResistanceRequires Break$1.10Key Resistance/ConfirmationAwaiting Breakout$1.14Upside TargetMajor Resistance$1.183–$1.20Upside TargetsPotential Objectives$1.30Major TargetRequires MomentumNext resistance levels and upside targetsA decisive rise through $1.10 would bring higher resistance zones into view for XRP. The primary objectives outlined by EGRAG CRYPTO include $1.14, followed by $1.183 and $1.20. Clearing these thresholds could set the stage for a push toward $1.30, a price target noted as significant in recent technical analysis.

To reach $1.30, XRP would need to overcome layers of resistance above $1.20 and demonstrate strong upward momentum. For now, the asset’s ability to hold and then breach the $1.10 barrier will determine if these higher objectives are viable.

Analysts emphasize that holding $1.05 and reclaiming $1.083 would set the foundation for an advance. Ultimately, a 4-hour close above $1.10 is seen as the gateway for XRP to move toward $1.14, $1.183, $1.20, and potentially $1.30.

Support at $1.048 remains crucialThe analysis also identifies $1.048 as the critical lower boundary for XRP. Maintaining price action above this level is viewed as essential to keep the short-term recovery scenario intact. If XRP falls below $1.048, attention is expected to turn toward lower liquidity regions around $1.008 and $1.00, further down on the chart.

EGRAG CRYPTO is a widely followed crypto analyst known for detailed technical analysis and trend identification, focusing on digital assets such as XRP.

Mini dictionary: EGRAG CRYPTO, a well-known online analyst specializing in technical chart analysis, regularly shares support and resistance levels that guide traders’ strategies on Twitter and other platforms.

The coming sessions may prove decisive, as price action around $1.05 and $1.10 could set the stage for XRP’s next significant move.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

Analyst Jake Claver believes XRP is set up for a repricing event once the CLARITY Act crosses the finish line, and he’s pointing to two past moves in XRP’s history as the reason why.

Claver brought to attention a pair of historical catalysts he believes are instructive. XRP gained about 70,000% in 240 days after Ripple locked up its escrow in 2017, a move he described as a clear example of what happens when a major structural catalyst hits the token. 

More recently, he pointed to the aftermath of Trump’s election win. XRP rose from under 50 cents to nearly $3 in just 28 days after Trump’s election, illustrating how quickly sentiment can shift XRP’s price when a major event lands.

“With the CLARITY Act about to get across the finish line, I believe this is going to ignite the institutional adoption that we’ve all been waiting for,” Claver said, adding that this isn’t just an opinion at this point given the amount of institutional backing already visible.

Big Institutions Are Already Positioned

BlackRock, JPMorgan, Grayscale, and Goldman Sachs publicly support this bill now, according to Claver, who argued their support isn’t about hoping the crypto industry survives, but about positioning to dominate the asset class once clearer rules exist.

He also referenced comments from Coinbase Chief Legal Officer Paul Grewal, framing the current bill as one where Democrats have already secured the major concessions they were pushing for, including stablecoin provisions, DeFi protections, and ethics language aimed at preventing the president from profiting off crypto projects going forward.

Legislative Path Still Has Steps Left

Even with institutional support building, Claver was clear that the legislative process still has real hurdles. The version of the bill that clears the Senate, if it clears at all, will likely differ from the version the House already passed roughly a year ago, meaning it would need to go back through the House for another vote. 

Even after House passage, there’s still a signing period to account for, though Claver said that if the president doesn’t act within a certain window, the bill could become law without his signature.

A Shift From Speculation to Utility

Beyond the price talk, Claver framed the bigger picture in structural terms. “For the first time in human history, we are about to have a digital asset class that’s not driven by speculation, but is starting to be driven by utility,” he said, tying that shift directly to the pending legislation and the wave of institutional infrastructure already being built around it.

Story Ends Here

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Analyst Claims XRP Could Ease Japan’s Yen Crisis: Is It Realistic?

TLDR: xrpld 3.2.1 limits oversized validator manifests before decoding, reducing memory and processing strain. The hotfix caps untrusted manifest batches, peer greetings, cache growth, and disk persistence across nodes. XRP Ledger consensus continued closing ledgers normally despite pressure on peer-to-peer infrastructure. Node operators must upgrade, verify Ripple’s signing key, and complete a second restart after installation. The XRP Ledger has released xrpld 3.2.1 after a validator-manifest flood strained parts of its peer-to-peer infrastructure on July 31. Despite the disruption, the blockchain continued closing ledgers normally, showing that consensus remained active while individual servers faced abnormal data pressure.

XRP Ledger 3.2.1 is now available.

This fixes the manifest flood observed on Friday, July 31. The XRPL continued closing ledgers normally throughout. A post-mortem will follow soon for the community.

Nodes previously accepted, stored and re-broadcast an unlimited number of… pic.twitter.com/ZOdT8REQCw

— XRP Ledger Operations (@XRPLOperations) August 1, 2026

Consequently, XRP Ledger Operations instructed node administrators to install the hotfix immediately and perform a second restart shortly after installation. The latest production build adds limits designed to prevent unknown validator data from consuming excessive memory, bandwidth, storage, and processing capacity.

How the Manifest Flood Strained XRPL Peer Infrastructure Validator manifests connect a validator’s permanent master identity to the temporary signing key used during consensus. This structure allows operators to rotate working keys while keeping master credentials offline and preserving the validator’s established identity.

However, earlier xrpld versions could accept, store, and rebroadcast unlimited manifests linked to unknown validator keys. As a result, excessive untrusted data could spread across connected peers and accumulate inside local caches.

The incident affected peer-layer message propagation rather than balances, transactions, or ledger rules. Although XRPL continued processing transactions and closing ledgers, strained peer connections could still weaken connectivity and slow information distribution.

To address that exposure, version 3.2.1 introduces six commits affecting 13 files. Together, the changes apply controls at four points where oversized or repeated manifest traffic could burden a node.

First, xrpld rejects individual manifests that exceed the expected encoded size before decoding begins. Therefore, oversized inputs cannot trigger unnecessary processing.

Second, nodes discard incoming batches containing excessive numbers of untrusted manifests. Nevertheless, the software avoids automatically disconnecting older peers that send oversized batches, reducing fragmentation risks during the upgrade period.

Third, the hotfix limits the bulk manifest greeting exchanged when nodes establish new peer connections. Trusted records remain available, while untrusted gossip is restricted across both sending and receiving paths.

Finally, each node can store only 100 manifests associated with unknown validator keys. Once that threshold is reached, additional entries are rejected, and untrusted manifests are no longer written to disk.

Four Safeguards and the Required Second Restart After installing the update, administrators were instructed to wait one or two minutes and confirm that xrpld remained operational. They do not need to wait for the node to become fully synchronized before completing the next step.

Once the updated service is confirmed as running, operators must restart xrpld again. The operations team described this second restart as an important final part of the upgrade process.

Meanwhile, administrators using packaged installations should verify Ripple’s current software-signing key. Ripple rotated the GPG key used to sign xrpld packages in February 2026. Therefore, systems that have not trusted the replacement key may fail to receive automatic upgrades.

Overall, the XRP Ledger hotfix introduces no network amendment and does not change transaction-processing rules. Instead, it establishes firm limits on untrusted peer data before that information reaches decoding, rebroadcasting, caching, or permanent storage.

By restricting manifest size, batch volume, connection greetings, and unknown-key storage, XRPL has closed four paths used during the July 31 flood. Although the network continued producing ledgers, the incident showed that peer-layer abuse can still strain individual servers while consensus remains operational.

Amid renewed debate over the future of cross-border payments and digital assets, members of the XRP community have returned to longstanding discussions around the potential evolution of the global financial system.

The Economist’s vision of a unified monetary systemCrypto researcher Apex Crypto Insights recently shared analysis on X, examining The Economist magazine’s 1988 article, “Get Ready for the Phoenix.” Although the article did not reference XRP directly, the researcher explored its relevance in today’s environment of digital assets, international payments, and proposals for a more unified approach to global monetary policy.

According to Apex Crypto Insights, the 1988 feature imagined the creation of a single global currency called the “Phoenix,” projected to arrive by 2018. The publication described how increasing economic integration and advances in technology would gradually reduce the practicality of national currencies for international trade. In this scenario, a unified global currency could emerge to facilitate commerce across borders.

The Economist outlined that the Phoenix would serve both consumers and businesses in major economies, simplifying transactions and effectively eliminating exchange rate fluctuations. National currencies such as the U.S. dollar, Japanese yen, and German mark were described as potentially losing efficiency in a fully interconnected economy.

Technological innovation was seen as a driving force behind this transition, with the article highlighting that continued improvements in financial infrastructure might make the concept of a managed global currency increasingly realistic and achievable.

Apex Crypto Insights emphasized that the magazine’s vision included technological developments as a catalyst, accelerating progress toward a consolidated monetary policy framework at the global level.

IMF’s potential role in global financial oversightA central element of the 1988 article was the suggestion that the International Monetary Fund (IMF) could eventually become the governing body of such a global currency. The publication argued that the IMF’s established role in coordinating international monetary cooperation made it a fitting candidate for overseeing a unified asset like the Phoenix.

The article’s reference to Special Drawing Rights (SDRs) was highlighted as an example of a currency basket designed for global reserve purposes. Drawing on this experience, the IMF was presented as being capable of managing the credibility, issuance, and supply of a new international currency solution.

The researcher explained that the envisioned scenario could see the IMF evolve into a global central bank, setting a unified inflation target and coordinating monetary policy throughout participating countries. This would potentially shift significant monetary power away from individual governments.

The article outlined how the IMF’s existing expertise with international reserve management and currency oversight could support the development of a regulatory structure necessary for an advanced global financial system.

Standardized policy and emerging technology integrationApex Crypto Insights concluded that The Economist foresaw the emergence of a standardized system for global monetary policy, which could dramatically reduce the influence of individual governments over domestic economics. The focus shifted toward centralized inflation management and collaborative policymaking under the oversight of a single authority.

The researcher noted the article’s assertion that the IMF’s ability to analyze global economic developments and monitor exchange rate practices would be key in facilitating a stable transition to such a currency.

The discussion of advanced financial systems also intersects with the rise of practical platforms in the digital asset sector. For example, 1stepSwap is a platform bridging traditional finance and cryptocurrency by tokenizing real-world assets (RWAs) directly on the blockchain. This enables users to access shares of leading U.S. companies and commodities such as gold and silver through their crypto wallets, removing the need for intermediaries and complex procedures. Its core function is aggregating the best available market prices in real time, ensuring efficient transactions and seamless portfolio diversification.

While the 1988 article was published nearly forty years ago, its ideas are finding renewed attention in the context of digital asset projects and broader questions around the modernization of global payments and financial infrastructure.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Ripple CTO emeritus David Schwartz hints he remains involved with XRP in a recent X conversation, despite stepping away from day-to-day duties at Ripple.

Schwartz revealed in late September 2025 that he will step down from his day-to-day activities as Ripple CTO at the end of the year. Ahead of the announcement, he spun up his own XRP Ledger node to publish its output data while researching other use cases for XRP.

Now, the Ripple CTO emeritus's recent comments hint that his retirement does not imply abandoning XRP. Schwartz responded to an X user who pointed to his recent observation about the XRP Ledger network, derived from his hub, to suggest that he didn't retire from XRP.

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"If you had any doubt about whether David was retiring from just Ripple or also from XRP," the X user wrote. Schwartz replied, saying, "It was fun spending a few hours working like I used to and having a Zoom call with the team again."

It was fun spending a few hours working like I used to and having a Zoom call with the team again.

— David 'JoelKatz' Schwartz (@JoelKatz) July 31, 2026 Being an original architect of the XRP Ledger, Schwartz's comments have reassured many XRP supporters who questioned whether his retirement marked a complete departure from the XRP ecosystem.

Ripple CTO emeritus observation leads to XRPL fixOn Friday, Ripple CTO emeritus David Schwartz indicated that his hub was experiencing difficulties. The issue caused the hub to lose peers with "onReadMessage: No message of desired type" during negotiation, followed by a connection loss.

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The same issue was confirmed by XRPL Analytics App, xrpl.to, which stated that the problem was network-wide.

Schwartz's contribution to solving the issue may be inferred from his mention of having a Zoom call with the team and working for a couple of hours, which one might assume occurred in this context.

XRP Ledger version 3.2.1 was released shortly after, fixing the manifest flood observed on Friday, July 31. Nodes had previously accepted, stored, and rebroadcast an unlimited number of manifests from unknown validator keys; version 3.2.1 adds four limits to fix the issue.

David Schwartz, Ripple CTO emeritus and one of the original architects of the XRP Ledger, recently signaled that he remains engaged with XRP projects despite stepping down from his previous role at Ripple.

Schwartz’s transition and continued engagementIn late September 2025, Schwartz announced that he would leave his day-to-day responsibilities as Ripple CTO by the end of the year. Before making this announcement public, he had already set up his own XRP Ledger node, focusing on publishing its output data and exploring additional XRP use cases.

Despite no longer handling routine duties at Ripple, Schwartz’s recent comments have made clear that his connection to the XRP ecosystem persists. Responding to an X user who referenced his ongoing observations of the XRP Ledger via his personal hub, Schwartz recounted his recent work and meetings with the Ripple team.

If you had any doubt about whether David was retiring from just Ripple or also from XRP, Schwartz’s response, “It was fun spending a few hours working like I used to and having a Zoom call with the team again,” clarified his enduring engagement.

These remarks from Schwartz have reassured community members who wondered whether his retirement indicated a total departure from the XRP project or simply a shift from his executive role at Ripple.

Ripple is a San Francisco-based technology company known for developing the XRP Ledger, a decentralized blockchain focusing on fast, low-cost cross-border payments. David Schwartz played a pivotal role as its chief technology officer and co-creator of the underlying technology.

Technical challenges and responseOn Friday, Schwartz reported that his XRP Ledger hub encountered technical issues, specifically losing network peers due to a problem in the message negotiation process—which led to frequent connection losses flagged by the error “onReadMessage: No message of desired type.”

xrpl.to, an analytics platform for the XRP Ledger, verified that this issue affected the wider network, not just Schwartz’s individual node.

Schwartz’s mention of dedicating a few hours to collaborate with the Ripple team, including joining a Zoom call, suggests he actively participated in diagnosing or resolving the disruption.

Mini dictionary: xrpl.to is an independent analytics application that provides real-time data insights into the performance and activities on the XRP Ledger.

XRP Ledger upgrade and network stabilityShortly after the network-wide issue was detected, the XRP Ledger released version 3.2.1. This upgrade addressed a “manifest flood” bug observed earlier, where nodes indiscriminately accepted and rebroadcast unlimited manifests from unknown validator keys. The new version introduces four critical restrictions to prevent this problem and ensure network reliability.

FeatureBefore v3.2.1After v3.2.1Manifest flood vulnerabilityManifests from any validator could be rebroadcast without limitLimits imposed to restrict manifest acceptance and rebroadcastingValidator key acceptanceUnknown validator keys allowed unlimited activityActivity restricted for unknown keysThis update is expected to enhance the overall security and performance of the XRP Ledger, reducing the risk of network disruptions caused by uncontrolled manifest floods.

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 recent claim by social media personality Pumpius suggested that a gold revaluation and weakening of the US dollar could drive $XRP to a valuation exceeding $100,000. The bold estimate quickly gained traction among cryptocurrency enthusiasts on X.

ChartNerd dismisses extreme forecastChartNerd, a widely followed technical analyst specializing in XRP, publicly disputed the $100,000 price prediction. In a clear and direct response, he described the scenario as “mindless influencer garbage” and urged his followers to be cautious of such unrealistic expectations. He warned that anyone who believes these forecasts risks years of disappointment caused by unfounded promises.

Despite being recognized for his generally optimistic outlook on XRP, ChartNerd made it clear that this target had no credible basis. He recommended that the community focus on rational analysis rather than engaging with highly speculative scenarios.

ChartNerd, addressing his audience on X, declared that $XRP “will NOT hit $100,000,” and advised, “save yourself the disappointment and rid yourself from this type of mindless influencer garbage. If you are willing to be dragged through the floor for many years on false promises, be my guest.”

The math behind the claimXRP trades near $1.08, with approximately 57 billion tokens in circulation. If it were to reach $100,000 per token, XRP’s market capitalization would soar to $5.7 quadrillion. For context, the entire global gross domestic product is roughly $110 trillion. No asset has ever reached such a valuation, and the outcome would dwarf the total size of the world economy by more than fiftyfold.

ScenarioXRP PriceXRP Market CapGlobal GDP (2024)Current$1.08~$61.56 billion$110 trillionClaimed Target$100,000$5.7 quadrillion$110 trillionMini dictionary: Market capitalization (market cap) is the total value of a cryptocurrency, calculated by multiplying its current price by the total number of tokens in circulation. This metric is crucial for comparing the scale and impact of different crypto projects within the broader financial ecosystem.

This disparity between XRP’s possible valuation under the forecast and real-world economic figures has contributed to broad skepticism regarding such predictions.

Community pushback against outlandish forecastsPumpius is not the only figure to make headline-grabbing XRP predictions. Jake Claver, chairman of Digital Ascension Group, once forecasted XRP would reach $100 by the end of 2025. The market did not approach this target. Zach Rector, an analyst covering digital assets, criticized the claim as misleading.

Earlier this year, TimesTabloid, a cryptocurrency news platform, catalogued a series of high-profile XRP projections, including Claver’s $750 target, Chad Steingraber’s $250, JackTheRippler’s $100, and Time Traveler’s $73,000. None of these outcomes have materialized, and repeated disappointment has increased skepticism within the community.

Claver later stated that he remains highly bullish on XRP. However, the cycle of bold predictions and missed targets has prompted renewed calls for realism and technical discipline over speculative hype.

ChartNerd’s reputation for critical analysisChartNerd continues to distinguish himself by emphasizing rigorous chart analysis and dismissing predictions not supported by technical or fundamental evidence. Although he previously suggested a $27 level could be achievable for XRP, he has been consistent in calling out targets he considers to be exaggerated or unsound.

ChartNerd advises the cryptocurrency community to prioritize sound technical research over optimistic social media predictions, warning that following unrealistic moonshot targets rarely ends well for investors.

Overall, community leaders and analysts are urging investors to evaluate claims in $XRP critically, relying on established metrics and tangible market data rather than influencer-driven optimism.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

XRP has dropped below $1.05 for the second time in the past several days.

Perhaps due to the quickly re-escalating tension in the Middle East, the cryptocurrency market has posted fresh losses over the past few hours, with BTC dropping to $62,000 after failing to reclaim the $63,000 support during the day.

XRP was not spared, as it just slipped below $1.05. The asset was rejected at $1.20 during the mid-July rally after the favorable US inflation data for June, and eventually lost the coveted $1.10 support. Now, it fights for the last line of defense before the bulls would have to defend the $1.00 zone.

Popular analyst EGRAG CRYPTO outlined the significance of the $1.05 level, calling it the ‘battlefield’ region. Although he noted earlier today that the cross-border token had managed to maintain that level, he acknowledged the predominantly bearish structure of lower highs on the 4-hour chart.

The short-term path of recovery would be a successful defense of $1.05 before XRP can bounce above $1.083 and eventually reclaim the $1.10 level, which now acts as resistance.

EGRAG laid out an even more promising road ahead for the asset if it manages to continue its recovery, with the “major price target” set at $1.30.

However, a decisive breakdown below $1.05 would essentially mean that XRP will head toward the notable liquidity zone at around $1.00, he warned.

Mikybull Crypto also believes XRP has the strength to stage a surprising comeback. The analyst claimed that the asset’s bullish reversal run is currently loading despite the negative outlook.

You may also like: Four in a Row: Will XRP Buck Its Bearish August Streak? South Korea Arrests Suspects in Fake FXRP Scam That Stole $8.6M in XRP Ripple’s XRP Could Hit $100T if Institutions Use It as Collateral: Analyst His long-term chart compares the current market structure with the one from two years ago when XRP was highly compressed at around $0.60. Once it broke out the upper boundary, though, it rocketed to a fresh all-time high within less than a year.

“Before the last run, I screamed for you to buy at a crazy discount. The opportunity is presenting again,” he said now.

History is not on XRP’s side at the moment, though, as August has been quite a painful month for the asset. As reported earlier today, the cross-border token was deep in the red in all four previous editions.

Tags:

XRP has not enjoyed the past four editions of August - will the trend change in 2026?

The broader crypto market posted some much-needed gains in July, and Ripple’s cross-border token extended a very impressive streak that began in 2020.

However, the new month is already here, and the past four Augusts weren’t very bullish for the asset. Can XRP defy its painful August performance, or is another leg down looming?

7 in a Row Before we get to the four-in-a-row streak for August, let’s examine XRP’s most bullish one. Data from CryptoRank shows that the cross-border token has just equaled its best performance in terms of monthly gains. With the July 2026 edition coming with a minor 3% increase, this meant that eight Julys since 2014 (the first one after the asset saw the light of day) have been in the green out of 13. The only other month that has seen similar increases is April.

What’s even more favorable for the relationship between the altcoin and July, though, is its consecutive streak. As the subheading of this paragraph suggests, XRP managed to close its seventh July in a row with gains. This trend extends to July 2020, when the token skyrocketed by over 48%.

Other honorable mentions in terms of July gains came in 2023 (47.6%), 2024 (31.2%), and 2025 (35%). 2026’s minor 3% increase is quite modest, and in fact, it’s the lowest gain of all previous green Julys. The reason is the ongoing bear market, global uncertainty, inflation fears, and a few raging wars.

Nevertheless, Ripple’s coin still managed to rebound slightly from the June dump, when it plummeted by over 22%.

And Now The Bad News Let’s get straight to it – the past four editions of the eighth month of the year have been in the red for XRP. In 2022, the asset fell by 13.6%. It dumped a lot harder a year later, losing 26.6% of its value. More modest but still red Augusts followed, with a 9.17% decline in 2024 and an 8.15% drop in 2025.

You may also like: South Korea Arrests Suspects in Fake FXRP Scam That Stole $8.6M in XRP Ripple’s XRP Could Hit $100T if Institutions Use It as Collateral: Analyst Flare Simplifies DeFi for XRP Holders With Smart Accounts Upgrade History shows that only four out of the 13 Augusts on record have ended higher for the cross-border token. Two of those brought massive gains: a 52% surge in 2017 and a massive 60% rise in 2021. Both of those took place during a bull market, something we are clearly not experiencing at the moment. Separately, the median data shows a 6.57% decline throughout previous Augusts, which is in stark contrast to the 6.91% gain for July.

XRP Monthly Returns on CryptoRank Tags:

Aug 1, 2026, 6:09 a.m.

2 min read

XRP Ledger upgrade brings back features once pulled over critical bugs. (Kevin Ku/Unsplash/Modified by CoinDesk)Summary

The XRP Ledger’s upcoming xrpld 3.3.0 release will ask validators to approve five amendments, including revised versions of previously flawed Batch and Permission Delegation features.Batch would allow up to eight cross-account transactions to execute atomically, while Permission Delegation would let institutions grant narrowly scoped signing authority without exposing full control.New amendments—Confidential MPT, Sponsored Fees and Reserves, and Dynamic MPT—aim to enable private tokenized-asset activity, let institutions sponsor users’ XRP costs, and make certain token properties adjustable without full migrations, all still requiring 80% validator approval for two weeks.The XRP Ledger's next software release will put five new features in front of validators, two of which were pulled from the network after security researchers found flaws serious enough to warrant emergency action.

Jazzi Cooper, head of product at RippleX, said Friday that xrpld 3.3.0 is expected next week carrying Confidential MPT, Batch, Permission Delegation, Sponsored Fees and Reserves, and Dynamic MPT.

XRPL has already proven it can support tokenized assets at scale. Now it’s time to put these assets to use: global transfers, trading, collateralizing, and settling.

The upcoming release of xrpld 3.3.0 includes five amendments that move XRPL significantly closer to that goal.…

— Jazzi Cooper (@jazzicoop) July 31, 2026 Amendments are proposed protocol changes that only take effect once at least 80% of trusted validators back them for two consecutive weeks, a threshold designed so the network rather than Ripple decides what ships.

The Batch and Permission Delegation amendments have been through that process before and failed it.

Batch, which lets up to eight transactions across different accounts execute together so that either all succeed or none do, reached its voting phase in February.

Security researcher Pranamya Keshkamat and the firm Cantina had then found a flaw in how the amendment validated signatures that would have let an attacker execute transactions from any account without holding its keys.

Validators (entities that supply their resources to run and maintain a network) were advised to reject it, and an emergency server release marked it unsupported to prevent activation. No funds were lost, because it never reached the main network.

Permission Delegation, which lets an institution grant another account narrowly scoped authority without handing over full signing power, was disclosed as vulnerable in September 2025 and disabled.

The bug allowed one account to charge transaction fees to another and potentially drain its balance. The ledger's documentation has listed both amendments as obsolete since, to be replaced by revised versions.

(Shaurya Malwa/CoinDesk)The other three are new. Confidential MPT combines zero-knowledge proofs, which let someone prove a statement is true without revealing the underlying data, with elliptic-curve encryption, so that balances and transfer amounts on Multi-Purpose

Tokens stay private while auditors or regulators can still verify them when required.

Sponsored Fees and Reserves lets a bank or platform cover another account's XRP fees and reserve requirement, removing the need for every user to acquire XRP before transacting.

Lastly, Dynamic MPT lets an issuer specify at creation which token properties can be changed later, avoiding a full migration to a new token when fees or metadata need updating.

The release marks a shift from where the ledger stood two weeks ago. In mid-July, all five sat in development on the XRP Ledger's amendment tracker, and what validators could actually vote on was a set of bug-fix bundles covering the lending protocol, single-asset vaults, the permissioned exchange and multi-purpose tokens.

Approval is not automatic. The lending protocol and single-asset vault amendments have each drawn roughly a third of validator support against the 80% they need, and Batch already has a record of being voted down.

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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.

Large financial institutions are increasing their exposure to XRP through investment products as the token’s supply on cryptocurrency exchanges continues to decline. At the same time, Ripple is expanding its payment infrastructure and preparing major upgrades to the XRP Ledger aimed at institutional users.

Intesa Sanpaolo Discloses XRP ETF InvestmentItaly’s largest bank, Intesa Sanpaolo, has disclosed ownership of 712,000 shares of the Grayscale XRP Trust in its latest SEC Form 13F filing. Based on current market prices, the investment is worth around $18 million. The filing also shows the bank holds nearly $235 million in crypto-related investments, with XRP representing about 6% to 7% of its digital asset portfolio.

Several financial firms, including Goldman Sachs, Morgan Stanley, Millennium, and Citadel, have reported XRP exposure through exchange-traded products. Many institutions prefer XRP ETFs instead of directly holding XRP because ETFs simplify custody, compliance, accounting, and regulatory requirements.

Also Read : XRP News Today: Expert Calls CLARITY Act ‘Theater,’ Points to Real XRP Catalyst

Market data from Glassnode shows XRP reserves across the top 10 cryptocurrency exchanges have fallen from around 4 billion XRP to approximately 1.6-1.7 billion XRP. The report also states that XRP withdrawals from exchanges have reached a five-year high, indicating that more investors are moving their holdings into private wallets rather than keeping them on trading platforms.

U.S. spot XRP ETFs recorded nearly $6 million in net inflows on July 30, with Bitwise and Franklin Templeton leading the day’s inflows. XRP assets held by U.S. spot ETFs are approaching $1 billion, while cumulative inflows have reached around $1.5 billion.

Also Read : Ripple (XRP) Price Prediction 2026, 2027-2030: Will XRP Reach $5?

South Korea Remains a Key XRP MarketSouth Korea continues to record strong trading activity for XRP. XRP trading volume on Korean exchanges recently reached nearly four times Bitcoin’s trading volume. Ripple’s stablecoin RLUSD is now available on the country’s four largest crypto exchanges, Upbit, Bithumb, Coinone, and Korbit, expanding its presence in one of the world’s largest digital asset markets.

CME Expands XRP Derivatives MarketThe report also highlights CME Group’s continued expansion of XRP derivatives. The exchange already offers XRP futures and options, placing the asset alongside traditional markets such as commodities, foreign exchange, and equities. This reflects growing institutional infrastructure for XRP, although it does not necessarily signal immediate price gains.

Also Read : XRP Rich List Update: Top 10% of Wallets Now Hold 2,151 XRP as Network Crosses 8 Million Addresses

Story Ends Here

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Read the Next News

Ripple’s Head of Product, Jazzi Cooper, announced five new updates that could significantly expand the use of the XRP Ledger in institutional finance and tokenized asset markets. These features are planned for release in xrpld 3.3.0, expected next week.

Cooper stated that XRPL has already proven its ability to support tokenized assets on a large scale, and the next step is to utilize these assets more effectively in global transfers, trading, collateralization, and settlement transactions.

The first modification to be included in the new version, “Confidential MPT,” will provide native privacy features to Multi-Purpose Tokens on XRPL through zero-knowledge proofs and elliptic curve cryptography. This system will allow token balances and transaction amounts to be kept private on the public ledger. However, authorized parties, such as auditors or regulators, will be able to verify transaction details when necessary.

The “Batch” feature will allow up to eight transactions between different accounts to be executed atomically in a single ledger entry. All transactions will either be successful or none will occur. This structure is expected to facilitate corporate finance applications, particularly those involving payment-for-delivery and atomic reconciliation.

The “Delegation of Authority” arrangement will allow institutions to define limited transaction permissions without transferring full control over private keys. This means that treasury teams will continue to control asset issuance keys, while trading desks or operations teams will be able to perform specific transactions within defined limits.

With the “Sponsored Fees and Reserves” feature, banks, token issuers, or platforms will be able to cover other users’ XRP transaction fees and account reserves. Users will retain ownership of their accounts and private keys, eliminating the need to purchase and manage XRP before joining the network. Ripple believes this feature will improve the user experience in both enterprise and consumer-focused applications.

Finally, the “Dynamic MPT” regulation will allow token issuers to update transaction fees, metadata, and other specific features after the token is created. Under the current system, such changes may require the issuance of a new token and the migration of users to the new asset. With the new feature, issuers will be able to predetermine which features can be changed in the future during the token creation phase.

Cooper added that version 3.3.0 of xrpld is expected to be released next week, but these changes will not be automatically activated. The updates will need to be verified by validators before they can be activated on the XRP Ledger.

*This is not investment advice.

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The National Sheriffs’ Association (NSA) has sent a formal warning letter to Senate Majority Leader John Thune and Minority Leader Charles Schumer, urging lawmakers to reconsider key aspects of the proposed CLARITY Act. Crypto analyst Diana (InvestWithD) shared the news, posting a video of the letter addressed to congressional leadership.

The NSA’s concerns with the CLARITY ActSigned by NSA President Sheriff Troy Wellman and Executive Director Justin Smith, the letter represents more than 3,000 elected sheriffs and almost 10,000 public safety professionals nationwide. The NSA included a detailed 13-page memorandum that breaks down its analysis of the bill.

The association expressed support for regulating digital assets but flagged significant risks if the bill passes in its current form. In particular, the NSA highlighted that the proposed legislation would grant wide exemptions from registration, know-your-customer (KYC), anti-money laundering (AML), and sanctions-related requirements for certain decentralized finance (DeFi) participants.

According to the memorandum, these exemptions would enable illicit actors to misuse digital-asset platforms that intentionally obscure transaction details. The association criticized Section 604, which would exempt non-controlling developers and DeFi protocol participants from AML regulations.

The NSA warned that mixers, tumblers, and cross-chain bridges—all technologies designed to hide transaction trails—would fall under these exemptions. The group also took issue with Section 301 of the bill, which would relieve DeFi trading protocols from a range of AML obligations including registration, conduct, disclosure, and recordkeeping.

Mini dictionary: Mixers, tumblers, and cross-chain bridges are digital tools and services that make it difficult to trace the origin and destination of cryptocurrency transactions, often used to enhance privacy but also cited in financial crime concerns.

The NSA stated in its letter that the CLARITY Act would allow “broad exemptions from registration, know-your-customer, anti-money laundering, and sanctions-law requirements for certain decentralized-finance participants,” raising significant risks for law enforcement and public safety.

The upcoming Senate voteThe NSA’s warning comes just days before the Senate is set to vote on the CLARITY Act. To end debate and move the bill forward, at least 60 votes are required. The bill currently has 51 confirmed supporters, and up to 10 Democratic senators are expected to join, potentially reaching or exceeding the necessary threshold.

Senator Cynthia Lummis declared that negotiations on the bill have ended, describing the proposal as “a high-quality bill” and calling for an immediate floor vote. Treasury Secretary Scott Bessent has also publicly demanded Senate action, pressing lawmakers to vote on the legislation prior to the August 8 recess.

Senate Votes NeededCurrent Confirmed YesAdditional Potential Yes (Democrats)Possible Total60517-1058-61Potential impact for XRP and digital assetsXRP holders are closely monitoring developments around the CLARITY Act. The legislation would formally distinguish digital commodities from securities, with XRP’s commodity status potentially being codified into law. The Commodity Futures Trading Commission (CFTC) would oversee spot markets for assets considered “sufficiently decentralized.”

The NSA is urging the Senate to address law enforcement and regulatory risks before taking a final vote. With limited time before the August recess, senators must decide whether to modify the bill in response to law enforcement concerns or move forward as written.

With the Senate facing an imminent deadline and intense debate among lawmakers, the NSA underlined the importance of addressing law enforcement risks linked to the proposed DeFi exemptions before the CLARITY Act is put to a final vote.

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.