Ripple (XRP) slides toward the short-term $1.10 support on Friday, as broader crypto market sentiment weighs on crypto assets. The sell-off mainly stems from fears of inflation in the United States (US) amid the ongoing war in the Middle East and rising Oil prices.
Simon-Peter Massabni, Business Development Head at XS.com, says that digital assets are facing repricing risks due to rising geopolitical tensions and inflation fears.
“Rising oil prices, renewed inflation concerns, shifting expectations for US monetary policy, and continued institutional capital inflows are all shaping market sentiment,” Massabni said in a comment.
Ripple Mint launches to expand RLUSD accessRipple announced the launch of Ripple Mint on Wednesday, a platform providing a unified way for institutions to access, mint, redeem and manage the RLUSD stablecoin.
Ripple Mint was designed to address existing gaps in RLUSD execution by offering access to a user interface with built-in control and oversight. The platform also supports programmatic access to enable automation and system-level integration.
Institutions using Ripple Mint can mint and redeem RLUSD directly from the source, bridge RLUSD across chains, track funds throughout the transaction lifecycle, and integrate RLUSD into their internal systems or workflows.
“This expansion also creates stronger utility between XRP and RLUSD together. As RLUSD becomes available across these environments, XRP will increasingly serve as complementary assets for liquidity, settlement, swaps, collateral, and payments activity across supported chains,” Ripple stated in the press release.
Meanwhile, institutional interest in XRP-related digital assets, such as spot Exchange-Traded Funds (ETFs), is fading, as evidenced by muted activity on Wednesday and Thursday. Cumulative weekly inflows stand at $8 million through Thursday, according to SoSoValue.
XRP ETF flows | Source: SoSoValue“In my view, what we are witnessing is not the beginning of a new bearish cycle, but rather a healthy repricing of risk following a strong rally, provided that institutional demand remains intact and does not give way to broad-based selling pressure,” Massabni added.
Price analysis: XRP bears poised to tighten gripXRP trades at $1.11, holding in a corrective phase below key moving averages, which keeps the broader bias bearish despite the recent stabilization. Price action remains capped by the 50-day Exponential Moving Average (EMA) at $1.14, with the Parabolic SAR at $1.07 also positioned above spot and reinforcing overhead pressure.
Momentum is mixed, as the Relative Strength Index (RSI) hovers near a neutral 49 while the Moving Average Convergence Divergence (MACD) histogram has turned lower, hinting that bullish attempts are losing traction underneath the dominant downtrend defined by the downward trending moving averages.
XRP/USDT daily chartOn the topside, initial resistance is seen at the Parabolic SAR level around $1.07, followed by the 50-day EMA at $1.14, where a daily close above would be needed to ease immediate downside pressure. Beyond that, the 100-day EMA at $1.23 and the 200-day EMA near $1.43 form a broader supply band that would likely cap any extended recovery unless buyers regain stronger control.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
Ripple FAQs Ripple is a payments company that specializes in cross-border remittance. The company does this by leveraging blockchain technology. RippleNet is a network used for payments transfer created by Ripple Labs Inc. and is open to financial institutions worldwide. The company also leverages the XRP token.
XRP is the native token of the decentralized blockchain XRPLedger. The token is used by Ripple Labs to facilitate transactions on the XRPLedger, helping financial institutions transfer value in a borderless manner. XRP therefore facilitates trustless and instant payments on the XRPLedger chain, helping financial firms save on the cost of transacting worldwide.
XRPLedger is based on a distributed ledger technology and the blockchain using XRP to power transactions. The ledger is different from other blockchains as it has a built-in inflammatory protocol that helps fight spam and distributed denial-of-service (DDOS) attacks. The XRPL is maintained by a peer-to-peer network known as the global XRP Ledger community.
XRP uses the interledger standard. This is a blockchain protocol that aids payments across different networks. For instance, XRP’s blockchain can connect the ledgers of two or more banks. This effectively removes intermediaries and the need for centralization in the system. XRP acts as the native token of the XRPLedger blockchain engineered by Jed McCaleb, Arthur Britto and David Schwartz.
The XRP ecosystem has welcomed over $800 million worth of distributed real-world assets this year amid the growing tokenization trend on the network.
The tokenization market has continued to grow in 2026, with its total value now exceeding $410 billion. Current data puts the market at $410.70 billion, made up of $36.72 billion in distributed asset value and $373.98 billion in represented asset value.
Growth has been especially strong in the distributed asset segment. At the beginning of the year, distributed asset value, excluding stablecoins, stood at $25.39 billion. It has since risen to $36.72 billion, as interest in tokenization has gained momentum throughout the year.
XRPL Adds Over $800 Million in Distributed RWA The XRP Ledger has also benefited from the growing interest in tokenized assets. As more attention has moved toward the sector, the network has expanded the value of assets issued directly on the ledger.
Data shows that the XRP Ledger now holds $1.319 billion in distributed asset value when stablecoins are included. Without stablecoins, the figure stands at just $323.18 million.
The network began 2026 with $518 million in distributed real-world assets. Since then, that figure has climbed to $1.319 billion, meaning the XRP Ledger has added exactly $801 million in distributed RWAs this year. The increase shows the network’s growing role in the broader tokenization market.
Distributed RWA on XRP Ledger RLUSD Leads the Growth Ripple’s stablecoin, RLUSD, has driven most of the increase in distributed assets on the XRP Ledger. At the start of the year, RLUSD had a market capitalization of $235 million. It has since grown to $896 million, adding $661 million in value during 2026.
Ripple has supported this growth by increasing RLUSD minting on the XRP Ledger while burning more of the stablecoin on Ethereum. As a result, RLUSD now makes up 67.96% of the XRP Ledger’s total distributed asset value.
The stablecoin ecosystem on the network has also continued to expand. Combined stablecoin market capitalization on the XRP Ledger has reached $995 million, bringing it close to the $1 billion mark.
Alongside RLUSD, Braza USDB contributes $69.44 million, BBRL accounts for $12 million, and USDC adds $5.8 million, with several other stablecoins making up the remainder. These assets have played an important role in increasing the ledger’s distributed asset value.
Total RWA on XRP Reaches $5.35 Billion The XRP Ledger’s tokenized asset ecosystem extends beyond distributed assets. When represented asset value is included, the network now supports $5.35 billion in real-world assets, including stablecoins.
Several tokenized products account for much of that value. The largest is JMWH from Justoken, which is worth $2.229 billion. RLUSD follows with $876 million, while the Ondo Short-Term US Government Bond Fund contributes $222 million. The ASENA FIF – Single Tranche product also represents a significant share with $215.7 million.
These figures confirm how quickly the XRP Ledger’s tokenized asset ecosystem has expanded this year. RLUSD has led the growth in distributed assets, while several large tokenized financial products have strengthened the network’s represented asset value.
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 is experiencing a sharp spike in spot market flows, diverging from the broader momentum seen across other major digital assets. Despite an overall constructive sentiment in the cryptocurrency market, XRP continues to trade below critical resistance levels even as activity on exchanges accelerates.
Trading activity spikes despite muted price actionRecent market data shows that spot flows for XRP surged by 182% over a short period, signaling an abrupt increase in coins moving through spot exchanges. However, this rise does not explicitly indicate significant buying or accumulation. Instead, analysts interpret the data as evidence of heightened trading from both sides, reflecting mixed sentiment among participants.
The sustained uptick in trading volume comes at a time when Bitcoin, often seen as a bellwether for the digital asset sector, has stabilized after a period of price turbulence. Several high-cap cryptocurrencies have begun to recover recent losses, but XRP remains stalled below its key $1.10 resistance zone.
Technical signals remain challenging for XRPA technical review finds that XRP is still trading beneath its 50-day, 100-day, and 200-day moving averages. This pattern signals a continued bearish bias for the medium to long term. Despite forming a modest ascending support line, bullish traders have not mustered sufficient strength to propel prices above the major averages.
As long as XRP remains capped below the 50-day moving average, currently located around $1.11 to $1.12, upward attempts are expected to face significant selling interest. Until a decisive breakout above these levels occurs, the outlook is likely to stay cautious.
Moving AverageCurrent Price RelationResistance Range50-dayBelow$1.11 – $1.12100-dayBelow–200-dayBelow–On-chain metrics and market positioningOn-chain activity for the XRP Ledger presents a varied outlook. Daily payment volume has cooled compared to July’s surge, when transactions momentarily exceeded one billion XRP in a single day. Despite this pullback, payment counts remain solid, and the number of active users has remained relatively stable over the past month. This trend suggests that XRP’s core ecosystem continues to see steady participation, even as transferred value retreats.
Ripple, the company closely associated with XRP, was established to facilitate fast and affordable cross-border payments using distributed ledger technology. The XRP Ledger serves as the foundational blockchain supporting the network’s operations for transactions and settlements.
Mini dictionary: XRP Ledger, a decentralized blockchain designed to enable fast and efficient cross-border transactions, supporting the XRP cryptocurrency and its payment ecosystem.
The notable surge in spot flows is viewed by some market participants as a signal of portfolio adjustments and preparation for possible volatility, rather than a clear indication of bullish accumulation. Traders typically increase spot transfers when anticipating significant market moves, whether to lock in profits or to refocus capital deployment.
XRP spot flows climbed 182%, yet the price failed to surpass major resistance zones while market observers viewed the activity as a reflection of portfolio repositioning rather than a new phase of accumulation.
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 could be repeating the same price pattern that came before its massive rally in the 2017/2018 market cycle.
Latest market data suggests the asset is again moving within a symmetrical triangle, similar to the structure that eventually led to a remarkable 66,000% gain and pushed XRP to $3.31 nine years ago.
The first version of this symmetrical triangle played out over several years. Specifically, it started after XRP fell from its $0.0614 high in December 2013 and continued until the breakout in March 2017.
Once XRP broke above the pattern, an impressive rally ensued. The token climbed more than 66,000%, rising from around $0.005 in March 2017 to a peak of $3.31 in January 2018.
XRP Has Formed A Bigger Triangle The current symmetrical triangle is larger and took much longer to develop than the previous one. Unlike the first pattern, this one has formed over an entire market cycle.
This second triangle started forming after XRP dropped from its $3.31 peak in January 2018. The asset remained inside the pattern for years before finally breaking above the upper resistance line.
XRP broke above the triangle’s main resistance line during the Trump-led November 2024 rally. The breakout triggered a strong move higher, sending the asset from about $0.5 to $3.4 by January 2018. After the rally, XRP pulled back before climbing again to a new all-time high of $3.6 in July 2025.
XRP Triangle Structure Notably, the rally did not continue immediately after reaching that peak. Instead, XRP entered a deep correction that brought it back toward the previous breakout area and rising macro support. This phase represents an important test of the long-term structure, as XRP currently remains in this broader downtrend.
RSI Shows Oversold Conditions Despite the ongoing weakness, one key momentum indicator has moved into an area that previously marked strong accumulation zones.
Notably, the monthly Relative Strength Index (RSI) has dropped into oversold territory at 41.85, near levels where XRP has historically attracted long-term buying interest.
Currently, the price remains weak, market sentiment has become exhausted, and much of the previous rally has faded.
However, the broader breakout structure has not been invalidated. Importantly, traders should prepare for continued volatility, more testing of support, and a difficult path back upward instead of an immediate recovery.
History Suggests a Key Support Level XRP’s current situation resembles what happened after the March 2017 breakout. Following that breakout, XRP dropped to $0.0075 in April 2017. The sudden decline brought the price back to the upper trendline of the triangle, allowing it to complete a successful breakout retest.
After finding support there, XRP resumed its rally and eventually reached $3.31 by January 2018. If buyers defend the present support area this time, the decline could become a normal post-breakout reset instead of the beginning of a larger structural breakdown.
The most important support zone now sits between $0.70 and $0.83, with $0.82 standing out as the key level. This area lines up with the upper trendline of the symmetrical triangle. Holding above that range would help XRP stay above the breakout level and keep the long-term bullish structure intact.
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.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
As XRP regains investor attention, cloud mining platforms like LONG DeFi are highlighting simplified access to digital asset participation and computing power.
Summary
LongDeFi expands cloud mining services as renewed XRP interest drives demand for easier digital asset participation. LongDeFi highlights AI-powered cloud mining platform amid recovering crypto market and growing interest in BTC and XRP. LongDeFi promotes AI-driven cloud mining with newcomer rewards as XRP regains investor attention after World Cup. As the World Cup concludes, the cryptocurrency market continues its recovery, with XRP once again becoming a focus of global investor attention.
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XRPL Commons has introduced a structured three-track grants program designed to boost developer engagement and support innovation across the XRP Ledger (XRPL) ecosystem. This initiative aims to empower open-source developers, startups, and established blockchain projects as XRPL continues to expand its reach and technological capabilities.
Supporting ecosystem buildersEstablished as a non-profit, XRPL Commons works to advance the XRPL environment by providing education, incubation, funding, and ecosystem support for developers worldwide. Since 2017, total investment in XRPL ecosystem projects has crossed $550 million, with XRPL Commons playing a significant role in nurturing talent and supporting promising initiatives.
The organization reports that the funding landscape has shifted from a centralized model to a collaborative approach, where multiple independent groups come together to back builders on the ledger. After training hundreds of developers, running The Aquarium incubator since 2023, and launching the Glow initiative for rewarding open-source contributions, XRPL Commons now combines these efforts into a formal, multi-stage grants program for all stages of project development.
Three-track grants program detailsThe first track, Glow, rewards developers for completed open-source contributions to the XRPL ecosystem. Supported work includes developer tools, infrastructure improvements, documentation, security enhancements, and protocol development. Glow applications open quarterly and are planned through December 2026. Since launching in October 2025, Glow has already funded 11 projects covering topics such as node management, transaction analytics, and advances in post-quantum cryptography.
Mini dictionary: Post-quantum cryptography, a field of cryptography focused on developing algorithms that are secure against the potential capabilities of quantum computers. Its goal is to protect sensitive information even in a future where quantum computing could undermine standard cryptographic methods.
The second track targets early-stage teams building new applications on XRPL. This stage includes Make Waves, a 90-day competition that recognizes projects achieving the strongest user engagement and on-chain activity. The Aquarium, a nine-week incubator program, extends its reach internationally with online participation, offering technical mentorship and business guidance. Early Stage Grants deliver milestone-based financial support for projects already running on XRPL testnet or mainnet, focusing on teams that can demonstrate measurable adoption and progress.
Boosting enterprise adoption and network expansionThe third grant track serves established blockchain products integrating XRPL infrastructure. For example, LOBSTR, a major wallet in the Stellar ecosystem, recently integrated XRPL following a strategic partnership with XRPL Commons. This move connects over 1.5 million LOBSTR users directly to the XRPL network, expanding their access to its features.
XRPL Commons highlights that these integrations are driven by the ledger’s enterprise-ready architecture, offering a native decentralized exchange that operates without MEV or front-running, compliance-friendly Permissioned DEX capabilities, integrated payment features, escrow, and cross-currency settlements. Transaction finality is achieved in 3–5 seconds, and fees remain well below one cent, providing developers and enterprises with a low-cost, high-speed platform for financial applications.
XRPL FeatureDescriptionNative DEXNo MEV or front-runningPermissioned DEXBuilt-in compliance for regulated marketsTransaction Finality3–5 secondsFeesFractions of a centEscrow & Payment ChannelsSupport for programmable payments and settlementsRecent growth within the XRPL ecosystem is supported by Messari’s Q1 2026 report, showing 3.7 billion transactions processed and a 35.3% quarter-over-quarter rise in daily transaction volume to 2.48 million. Tokenized real-world assets on the ledger reached a record $2.25 billion, reflecting a 124.1% increase over the previous quarter and demonstrating mounting institutional interest in the platform.
Additional ecosystem partnerships have fueled momentum. Alongside LOBSTR, RedotPay recently launched an RLUSD card powered by XRPL in more than 100 countries. This card allows users to obtain stablecoin-backed credit without having to liquidate their XRP holdings.
XRPL Commons points to expanded enterprise adoption and new funding initiatives, saying that these three tracks offer builders—from individual developers to enterprise-scale products—a pathway to accelerate innovation and adoption on the XRP Ledger.
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.
EGRAG CRYPTO, a respected technical analyst in the XRP ecosystem, has reflected on the rapid evolution of both XRP and its community since the early days of the cryptocurrency. His recent analysis emphasizes the asset’s journey from minimal technical scrutiny to frequent coverage by an expanding group of experts.
The Analyst Landscape Has ShiftedEGRAG CRYPTO noted that when the XRP Ledger launched in 2012, dedicated technical analysis around the asset was extremely limited. By 2018, he was already privately analyzing XRP and Bitcoin, focusing on structures such as Fibonacci levels, moving averages, and market cycles. At the time, few analysts publicly applied advanced tools like Elliott Wave and Wyckoff methodology to XRP.
By 2021, when he began sharing his insights openly, EGRAG CRYPTO had become one of the earliest public commentators to consistently produce technical analysis for the XRP community. Since then, the landscape has diversified significantly. More analysts have entered the space, studying XRP’s price action and long-term trends using various technical approaches.
Many now apply distinct methods and may disagree about short-term movements, but a growing number of analysts often reach similar long-term conclusions regarding XRP’s structural outlook.
He believes that this diversity of opinion, coupled with recurring structural patterns identified by independent analysts, strengthens overall understanding and community resilience. For him, the presence of respectful debate helps sharpen analytical frameworks and transforms conviction into informed conviction.
A Timeline Built on StagesIn his post, EGRAG CRYPTO outlined a progression in XRP’s growth. The journey began with fundamentals, advanced through a period dominated by a handful of technical analysts, and has now reached a phase of broad-based public sharing among a larger expert group.
He projects that the next phase will focus on global adoption, anticipating that institutions, banks, corporate entities, developers, and individuals around the world will increasingly utilize XRP and the XRP Ledger for practical use cases.
Mini dictionary: The XRP Ledger is an open-source, decentralized blockchain developed by Ripple for fast and cost-effective cross-border payments. Its consensus mechanism allows quick transaction settlement without mining.
Supporting this outlook, EGRAG CRYPTO shared an illustration depicting a timeline from 2012 through 2076 and beyond. The visual summarizes growing community participation and envisions a future where XRP use spans the globe.
Consistency of VisionThroughout his years covering XRP, EGRAG CRYPTO has maintained a consistent analytical approach even when few paid attention to the asset. Today, he observes others building on some of the foundational ideas he recognized years ago.
He concludes by expressing optimism about the direction of the community, stating that joint learning and collaboration will pave the way for future growth.
Together, we study. Together, we learn. Together, we rise.
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 has introduced Ripple Mint, a new platform designed to help institutions mint, redeem, bridge, and manage RLUSD—the company’s stablecoin—through both a user interface and API integrations. This move aims to bolster RLUSD’s significance in tokenized finance as the trend toward automated treasury workflows gathers pace.
Ripple Mint and RLUSD integrationAccording to Ripple, current RLUSD institutional users already have access to Ripple Mint and its suite of features. The launch is positioned as a key step in providing essential infrastructure for major financial firms, enabling real-time transaction visibility and seamless integration with their existing treasury operations.
The host of Crypto Sensei, a cryptocurrency-focused channel, noted that the platform’s automation and transparency are intended to help accelerate the uptake of digital asset infrastructure in traditional finance circles. Ripple’s focus is to make RLUSD a central settlement tool for tokenized assets and funds, offering liquidity beyond the traditional exchange-traded stablecoin model.
BNY Mellon’s role in stablecoin reservesBNY Mellon serves as custodian for RLUSD’s underlying cash and Treasury-backed reserves. The bank, one of the world’s largest custodians, has extended its digital asset settlement infrastructure to support Ripple’s stablecoin ambitions and broaden the access of its institutional network to the tokenized finance sector.
With approximately $54 trillion in assets under custody or administration, BNY Mellon accounts for more than 20% of the world’s investable assets. Its partnership with Ripple reflects an ongoing shift as established banking institutions explore digital asset models and custody solutions.
Mini dictionary: BNY Mellon is a global bank and financial services company known for its asset servicing, investment management, and digital custody offerings, playing a key role in financial market infrastructure.
Tokenized treasuries and always-on marketsWhile tokenized Treasury settlement products are growing, they remain relatively small compared to the traditional bond market. U.S. Treasuries outstanding exceed $30 trillion, while the current market for tokenized Treasury products was estimated at around $7.4 billion.
The push for “always-on” markets aims to make Treasury, collateral, and credit transaction infrastructure available 24/7. In this setting, RLUSD could operate as a cash-equivalent form of settlement liquidity for tokenized assets, facilitating round-the-clock operations rather than functioning solely as a stablecoin for exchange trading.
In the pursuit of continuous settlement, RLUSD is positioned to support the liquidity needs of tokenized funds and Treasury instruments, potentially transforming it from a traditional stablecoin into an institutional-grade settlement solution.
Institutional applications and XRP-backed receiptsCrypto Sensei indicated that Ripple Prime, the company’s institutional digital asset platform, has reportedly begun issuing depository receipts backed by XRP. This structure lets institutions post XRP as collateral and, in return, access dollar-denominated credit. Such a mechanism makes it possible for institutions to gain trading exposure, including to CME futures, without needing to directly sell their XRP holdings.
Some financial institutions face restrictions on holding crypto assets directly. The creation of receipts representing XRP held in custody could allow these firms to manage exposure to digital assets through traditional portfolio systems. The current scale and list of official counterparties for this initiative have not been disclosed publicly.
Mini dictionary: Depository receipts are transferable financial instruments that represent ownership of securities or assets held by a custodian, allowing institutional investors to gain indirect exposure to underlying assets.
Some institutional desks may not have the regulatory clarity required to directly hold crypto, so XRP receipts facilitate access and credit without breaching internal policies.
XRP ETF exposure growsThe analyst also cited an uptick in U.S. spot XRP ETF activity, which is approaching $1 billion in assets under management. Current figures suggest these ETFs are about 23 million XRP away from surpassing that milestone, highlighting increasing institutional interest in XRP-based investment products.
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 achieved several major milestones that investors once hoped would trigger a significant price rally. These include resolving its lengthy legal dispute with the US Securities and Exchange Commission, the emergence of seven spot XRP exchange traded funds holding over $1 billion in assets, and the expansion of Ripple‘s ecosystem through products like RLUSD, a stablecoin pegged to the US dollar.
Institutional adoption grows but price action disappointsAlthough Ripple, the company behind the XRP Ledger (XRPL), has secured critical regulatory clarity and increased institutional interest, XRP’s price has not yet reflected these gains. According to CoinCodex, XRP is trading at $1.09, which remains about 70% down from its 2025 all time high of $3.65.
CoinMarketCap observed that discussions around XRP have shifted from whether the asset has improved its regulatory and adoption outlook, to questioning why sustained demand has yet to materialize despite these positive developments.
Ripple has seen significant institutional inflows following its regulatory victories. The approval and subsequent growth of seven spot XRP ETFs, which now manage over $1 billion, indicate rising interest from traditional markets and asset managers.
At the same time, Ripple continues to enhance XRPL’s utility. By launching RLUSD and supporting new on-chain liquidity solutions, the company seeks to increase the use of XRPL across enterprise-grade payment and tokenization applications.
Mini dictionary: RLUSD, a stablecoin issued by Ripple, is designed to facilitate faster payments and higher on-chain liquidity by maintaining a fixed value pegged to the US dollar and operating natively on the XRP Ledger.
Metric2025 All Time HighCurrent ValueXRP Price$3.65$1.09Spot XRP ETFsN/A7 ETFs, $1B+ in assetsStrengthening fundamentals and technical outlookRipple CEO Brad Garlinghouse emphasized XRP’s advantage over the SWIFT network for cross border settlement. Garlinghouse cited the speed and reliability of XRP transactions as key factors reducing settlement and counterparty risk when compared with traditional banking infrastructure, where transactions may take several days to complete.
XRP’s rapid transaction settlement enables financial institutions to minimize exposure and risks typically associated with delayed cross border payments, setting it apart from legacy systems like SWIFT.
Meanwhile, Ripple has focused on advancing tokenization, digital asset custody, and global payment solutions. These expansions go beyond mere speculative interest and aim to entrench XRPL’s real-world relevance for financial institutions and enterprises.
Technical analysts are closely watching XRP for what could be an important price inflection. Market analyst EGRAG CRYPTO stated that XRP appears to be undergoing a significant macro breakout retest, and predicted that if confirmed, the next major upside target could be $6.40. Long-term projections see this figure rising even further should a sustained bull market emerge.
Many investors remain cautious, waiting for a confluence of factors such as broader crypto market strength, growing ETF inflows, expanding adoption, and a convincing breakout before expecting any reversal in XRP’s current trend.
Despite favorable regulatory and technical advancements, XRP has yet to sustain the buying momentum required to overcome its recent downtrend.
Market participants are now looking for renewed strength across multiple fronts, including a positive shift in broader cryptocurrency demand, continued increases in institutional participation, and real world adoption of XRPL solutions to drive a breakout above long-standing price resistance levels.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Three leading cryptocurrency advocacy organizations in the United States have called on the Senate to approve the CLARITY Act, urging lawmakers to establish a more defined regulatory framework for digital assets.
Joint push for regulatory clarityThe Digital Chamber, Chamber of Digital Commerce, and Blockchain Association delivered a collective statement requesting Senate leadership to pass the CLARITY Act. These groups asserted that the current lack of regulatory guidelines for digital assets could erode the country’s edge in blockchain innovation, as other countries advance regulatory policy more quickly.
BankXRP, an independent blockchain researcher, highlighted that industry stakeholders remain concerned about ongoing regulatory ambiguity, which continues to deter large-scale institutional participation in digital assets such as XRP.
The CLARITY Act aims to provide a comprehensive legal structure outlining the classification of digital assets as securities or commodities. Such distinctions have significant implications for companies and investors operating in the space.
The Digital Chamber, Chamber of Digital Commerce, and Blockchain Association urged that clear legislation could restore the United States’ global competitiveness and help institutional participants enter the market with greater certainty.
Impact on XRP and institutional adoptionRipple, the technology company behind XRP and the XRP Ledger, has expanded beyond its initial cross-border payments focus into areas such as stablecoins, asset custody, tokenization, and enterprise blockchain solutions. The firm has launched RLUSD, a stablecoin product designed to offer new options for digital transactions.
The groups argued that regulatory certainty under the CLARITY Act would enable banks, payment providers, asset managers, and investment firms to develop new financial products and services based on XRP. This could reduce legal risk, facilitate capital commitments, and make long-term planning easier for institutions considering entry into the crypto sector.
Developers and businesses may also become more willing to build decentralized finance (DeFi) protocols, tokenize real-world assets, or launch blockchain applications using the XRP Ledger if federal rules are clarified. Increased development in these areas could enhance network activity and utility, supporting greater demand for XRP.
Exchanges, custodians, brokerage platforms, and potential ETF issuers would benefit from a clear legal framework for XRP, potentially accelerating new institutional products and investment channels tied to the asset.
Industry consensus around the CLARITY Act signals growing support for comprehensive crypto regulation in the United States, according to the groups. This unified approach has the potential to drive bipartisan momentum within Congress.
For XRP, passage of the CLARITY Act represents a possible turning point, as it could resolve lingering regulatory concerns and enable Ripple and its partners to bring expanded products and real-world blockchain applications to a wider institutional audience.
Mini dictionary: The Digital Chamber, Chamber of Digital Commerce, and Blockchain Association are major U.S.-based nonprofit organizations that advocate for policies supportive of blockchain innovation, industry standards, and regulatory clarity for digital assets.
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 has announced a strategic investment in Notabene, aiming to integrate its RLUSD stablecoin into Notabene’s enterprise transaction network. This collaboration is expected to enhance Ripple’s reach within the regulated on-chain transaction sphere and expand the utility of its stablecoin offerings. Notabene, known for its infrastructure supporting compliance with the Travel Rule, will work with Ripple to explore the integration of its payment authorization tools with Ripple’s payment solutions for institutional clients. The financial terms of the investment have not been disclosed.
This move by Ripple is seen as an effort to bolster its competitive position in the enterprise payments sector by leveraging Notabene’s extensive network. The strategic investment could potentially lead to increased adoption and utility for Ripple’s digital assets, including XRP. Currently, Ripple’s efforts to expand its ecosystem with RLUSD integration appear consistent with scenarios where XRP might see increased demand.
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Markets have reacted to the news with varied expectations regarding XRP’s price movement. Despite the strategic significance of Ripple’s investment, the impact on XRP’s price predictions for July remains subdued. As of now, pricing suggests a limited probability of reaching higher price targets, with only modest increases in probability for certain price points.
Key Takeaways Ripple’s investment in Notabene appears to support the integration of RLUSD into a major enterprise transaction network, suggesting enhanced utility for Ripple’s stablecoin. Pricing suggests that markets view the news as a positive development for Ripple, but the immediate impact on XRP price predictions is limited. The collaboration may indicate potential for increased adoption of Ripple’s payment solutions, particularly in regulated environments. What to Watch Observers will be interested in any further announcements from Ripple and Notabene regarding their collaborative efforts and potential clients in the institutional payments sector. The impact of this strategic investment on XRP’s price will depend on broader market conditions and any subsequent developments that could drive adoption. Markets will closely monitor Ripple’s progress in integrating RLUSD with Notabene’s payment authorization tools, which could influence XRP’s utility and market dynamics in the near term.
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Term Structure
Contract Odds Δ since publish Volume 24h August 1 2026 0.1% — — View market → August 1 2026 0.6% — — View market → August 1 2026 0.1% — — View market → August 1 2026 0.1% — — View market → August 1 2026 0.2% — — View market → August 1 2026 2.1% — — View market → August 1 2026 0.5% — — View market → August 1 2026 1.7% — — View market → August 1 2026 0.2% — — View market → August 1 2026 0.1% — — View market → August 1 2026 30% — — View market → August 1 2026 20% — — View market → August 1 2026 0.4% — — View market → August 1 2026 0.5% — — View market →
Key Takeaways XRP currently sits at $1.13, representing a 69% decline from the $3.65 record high reached in January 2026 Large holders controlling 100K–100M XRP accumulated 600 million tokens (approximately $678M) during a five-week period CLARITY Act approval probability ranges from 39–43%, with Senate Republicans unveiling revised legislation on July 22 XRP exchange-traded funds recorded no activity on July 22, though year-to-date 2026 inflows exceed $200 million Technical analysis reveals a bullish flag formation suggesting potential upside to $1.24 upon breaking $1.16 resistance As of July 23, 2026, XRP maintains a price level of $1.13. This represents a significant 69% retracement from the token’s peak valuation of $3.65 achieved earlier this year in January.
XRP Price While prices have retreated substantially, institutional-sized wallets continue accumulating. According to Santiment analytics, addresses containing between 100,000 and 100 million XRP tokens increased their positions by 600 million coins throughout the five-week window ending July 22. At prevailing market rates, this accumulation represents approximately $678 million in capital deployment—marking a 2.8% expansion in their aggregate holdings.
🐋 XRP’s move back above $1.16 Tuesday looks very much justified based on recent wallet behavior. Whales & sharks holding 100K to 100M XRP have added +2.8% more coins to their bags in five weeks, showing whales and sharks are leaning in while the chart finally starts rewarding… pic.twitter.com/aFmRll4HKJ
— Santiment Intelligence (@SantimentData) July 21, 2026
Daily trading activity registers at $980 million according to CoinMarketCap figures. Futures open interest has contracted to $2.50 billion from the June 1 level of $2.96 billion, based on Coinglass tracking. Derivatives market activity has likewise declined from February 2026’s $15 billion peak to the current $1.91 billion level.
The XRP Ledger achieved a milestone this month by processing over 1 million agentic transactions. Additionally, the XRPL Lending Protocol went live, introducing institutional-grade credit infrastructure to the ecosystem.
CLARITY Act Becomes Central Catalyst The most significant near-term catalyst affecting XRP remains the CLARITY Act legislation. Brad Garlinghouse, Ripple’s chief executive, has openly called on lawmakers to approve the measure prior to the August Congressional recess. On July 22, Senate Republicans published revised bill language incorporating an ethics clause that prohibits presidential issuance of digital assets.
This amendment has failed to secure Democratic support. Legislative debate centers on whether state attorneys general should oversee ethics enforcement. Polymarket prediction markets currently price passage probability between 39% and 43%.
Exchange-traded fund activity for XRP recorded zero net flows on July 22, seemingly correlated with legislative uncertainty. Despite ongoing price weakness, cumulative 2026 net inflows surpass $200 million.
Critical Technical Thresholds Chart analysis on the 4-hour timeframe shows XRP developing a bull flag configuration. This pattern measures 7.25% in height, projecting an upside objective of $1.24 contingent on a confirmed breakout above $1.16 resistance.
Source: TradingView The Relative Strength Index registers 55, suggesting moderately bullish momentum conditions. XRP is currently trading above both its 50-day exponential moving average at $1.11 and 200-day exponential moving average at $1.12.
Should the price breach support at $1.11, downside pressure could drive the token toward the July 20 trough of $1.08.
Standard Chartered analysts maintain their $8 price forecast for XRP in 2026, extending to $28 by 2030. Larry Fink, BlackRock’s chief executive, commented that recent market liquidations eliminated excessive leverage positioning, stating he has turned “very bullish” on cryptocurrency price recovery prospects.
XRP exchange-traded products have attracted more than $200 million in net capital inflows during 2026, persisting despite sustained price depreciation.
Ripple Labs CEO Brad Garlinghouse (Jesse Hamilton/CoinDesk)Summary
Ripple launched Ripple Mint, an automated platform for institutions to create, redeem, bridge and track its dollar-backed RLUSD stablecoin, and expanded the token to additional networks including the XRPL EVM sidechain, Base, Optimism, Ink and Unichain.The company also made a strategic investment in compliance network Notabene, integrating RLUSD into its business-payments platform to encourage institutional use of the token for real transaction volume.RLUSD now has a market value of about $1.5 billion with supply split between the XRP Ledger and Ethereum, but despite rising holder counts and active addresses, its market cap and monthly transfer volume have declined, suggesting it is being held more than used.Fintech firm Ripple made two moves on Thursday aimed at growing its dollar-backed stablecoin, RLUSD, in a month when transfer volume across the token has dropped by 25%.
The first is Ripple Mint, a platform that lets institutional customers create, redeem, bridge and track RLUSD through a web dashboard or direct integration.
Until now, minting RLUSD — the process of issuing new tokens when a customer deposits dollars — generally meant arranging it directly with Ripple and waiting on a manual issuance process. The APIs let a firm trigger minting and redemption automatically from its own systems and track each transaction from dollar transfer to onchain settlement.
Ripple has also been extending RLUSD beyond the XRP Ledger and Ethereum onto the XRPL EVM sidechain, Base, Optimism, Ink and Unichain, widening the number of networks where the token can circulate.
Separately, Ripple announced late Thursday a strategic investment in Notabene. This compliance network places RLUSD inside its business-payments platform, putting the token in front of institutions positioned to send and receive it.
So, while Mint is designed to make RLUSD simple to create and manage, Notabene is built to get it moving through institutional payment rails.
That gap between issuance and actual usage is exactly the point, because of where RLUSD sits right now. The token has a market value of about $1.5 billion, according to data from RWA.xyz, making it one of the larger regulated stablecoins, though still a fraction of Tether and Circle's USDC.
Its supply is divided almost evenly between the XRP Ledger, which holds roughly $877 million, and Ethereum at about $643 million.
The trajectory is mixed. Data assessed by CoinDesk shows that RLUSD's holder count and active addresses have climbed sharply over the past month, up 6% and 70%, a sign the user base is broadening quickly.
But its market cap slipped almost 5% over the same 30 days, and monthly transfer volume fell about 25%, from roughly $14.6 billion to $11 billion. That shows more wallets are holding RLUSD while less money is moving across it. A stablecoin that is accumulating holders but not transactions is being treated more as something to own than something to use.
RLUSD is issued by Standard Custody & Trust, which holds a limited-purpose trust charter from New York's financial regulator, the compliance credential Ripple leans on to court banks in a market where regulatory clarity has become the main battleground.
Growing a stablecoin's supply is one challenge. Turning it into infrastructure that institutions run real volume through is the harder one, and Thursday's launches are Ripple's bet on the second.
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Crypto Flows, Share and the Selective Rotation
Crypto Flows, Share and the Selective Rotation
Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
Jul 22, 2026
Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
Why it matters:
Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
XRP price today is down 2.39% to $1.11 today, underperforming a slightly negative market.XRP ETFs pulled in nearly $1.47 billion in cumulative inflows through late June. An estimated 200 million to 300 million XRP reach the market every single month. The CLARITY Act still lacks the 60 Senate votes needed to beat a filibuster now.XRP is down 2.39% to $1.11 today, underperforming a slightly negative market, in a session driven primarily by broader macro pressure rather than anything specific to the token itself.
The selloff isn’t isolated to crypto. Roughly $2.8 trillion was wiped out across stocks, gold, silver, and crypto in the past 24 hours, following a disappointing Alphabet earnings report that raised concerns about AI spending outpacing profits. Trump has also told Axios he is close to ordering a larger military strike on Iran, adding another layer of macro fear across risk assets.
Technical PictureXRP ran up to $1.16 earlier this week before flushing back down to $1.10 support. The broader trend remains down, with no evidence yet that a major low is in place. Important resistance sits between $1.19 and $1.42, a zone that hasn’t even been tested yet.
If the current bounce fails and price breaks below $1.14, the analyst sees a reasonable bear market target near $0.74 to $0.75, potentially aligned with Bitcoin forming its own cycle low around September or October.
CLARITY Act Remains Stuck
Crypto’s regulatory centerpiece, the CLARITY Act, is still short of the votes needed to pass. The bill needs 60 votes in the Senate, and Republicans currently don’t appear to have all 50 of their own members locked in, let alone the additional Democratic support required.
Senators from Utah and Texas have echoed bank concerns about deposit flight, a senator from Louisiana has voiced hesitation, and at least one Republican has flatly opposed the ethics provisions as written. Senator Elizabeth Warren has publicly urged colleagues to vote against the bill entirely.
Not everyone in finance opposes it. Goldman Sachs CEO David Solomon has publicly called for advancing the legislation. Delays in releasing bill text have pushed negotiations dangerously close to the August 7 recess deadline, according to political reporting cited in recent coverage, leaving a shrinking window to get a vote scheduled at all.
What’s Actually Changed for XRP
Away from daily price swings, XRP’s underlying legal and market position has genuinely shifted over the past year:
The five-year SEC lawsuit is fully resolved, with both sides dropping appeals and the original $125 million penalty reduced to $50 million.Seven US spot XRP ETFs now exist, following Canary Capital’s XRPC launch in November 2025.XRP ETFs pulled in nearly $1.47 billion in cumulative inflows through late June, spanning seven to eight consecutive weeks of net buying before that streak broke with a $7.18 million outflow the week of July 6.Ripple’s own stablecoin, RLUSD, has grown to a $1.5 billion market cap, roughly tripling over the past year, with Mastercard piloting settlements on Ripple’s infrastructure.Why the Price Hasn’t FollowedDespite that progress, several structural factors continue to work against XRP specifically:
ETF funds hold only about 1% to 2% of XRP’s circulating supply, limiting their price impact even during strong inflow streaks.RLUSD may compete with XRP rather than support it, since a dollar-backed stablecoin can move money across borders without anyone ever holding XRP. More than 45% of RLUSD supply currently sits on Ethereum rather than the XRP Ledger.On-Demand Liquidity volume is real, but XRP is typically only held for a few seconds mid-transaction, generating volume without creating genuine demand to hold the coin long-term.Total value locked in XRP Ledger lending and trading apps has fallen roughly 70% from its 2025 peak.An estimated 200 million to 300 million XRP reach the market every single month from Ripple’s escrow releases, with roughly 38 billion XRP still locked and awaiting future release.A newly launched competing stablecoin consortium, Open USD, backed by more than 140 firms including Visa, Mastercard, Coinbase, and BlackRock, positions Ripple as just one participant rather than the center of the payments infrastructure XRP was built to support.A Possible Bottom SignalSome experts see recent industry stress as a sign the market may be nearing a cycle low. Crypto exchange BitMEX is shutting down effective September 23. Several digital asset treasury companies and at least one crypto-focused hedge fund have also wound down operations recently, following a broader wave of deleveraging across the sector.
Story Ends Here
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XRPL Commons Launches Three-Track Grants ProgramXRPL Commons, a nonprofit organization that helps grow the XRP Ledger through developer education, startup support, and community programs, unveiled a new grants structure for teams building on the blockchain. The program is structured across three distinct tracks, each designed to serve a different type of builder.
Early Stage Grants provide milestone-based funding, meaning money is released when teams meet agreed development or growth targets. Applicants need a working product on either testnet or mainnet. A second track targets startups at a more advanced stage, while the third track targets established products already operating on the network. The program combines grants with technical guidance, mentorship, and help bringing products to market.
RippleX amplified the initiative as the ecosystem expands its developer resources. The launch also includes incubator access and migration support for projects moving onto the XRP Ledger from other chains.
$550 Million Invested Since 2017Since 2017, more than $550 million has been deployed directly into XRPL ecosystem initiatives, including non-equity grants, builder incentives, strategic partnerships, and growth programs. Since 2021, these efforts have included hackathons, builder bounties, XRPL Grants, and the XRPL Accelerator, supporting nearly 200 projects worldwide across developer infrastructure, payments, DeFi, tokenization, AI, gaming, e-commerce, carbon markets, and enterprise financial applications.
As the ecosystem matures, the focus is shifting toward expanding access to funding through more distributed and independent pathways. Historically, much of the XRP Ledger ecosystem funding flowed through Ripple-supported initiatives such as XRPL Grants. While those programs remain important, 2026 marks a shift toward a more distributed model, where independent organizations, regional hubs, venture partners, and community-led initiatives play a larger role in supporting builders.
XRPL Commons will continue existing programs such as GLOW and The Aquarium, an incubator located in Paris. Partner organizations supporting ecosystem development include a100x Ventures, Superscrypt, Reforge, New Form Capital, Dragonfly, Pantera, Franklin Templeton, and Tenity.
Sources:
XRPL Commons Unveils New Grants Program to Accelerate XRP Ledger Builder Growth (Bitcoin.com)
Supporting Innovation on the XRP Ledger: What's Changing in 2026 (Ripple)
Bitcoin (BTC) stalls near the 50-day Exponential Moving Average (EMA) at $65,145 after a mild correction earlier this week. Meanwhile, Ethereum (ETH) and Ripple (XRP) face rejection at key resistance levels, keeping the short-term technical outlook bearish.
Bitcoin could recover if 50-day EMA holds as supportBitcoin price trades at $65,300 on Friday, with a neutral-to-slightly bullish near‑term tone as spot action holds just above the 50‑day Exponential Moving Average (EMA) at $65,145 while still trading beneath the 100‑day and 200‑day EMAs at $67,980 and $74,094, respectively. This configuration suggests the bounce from the recent base is gaining traction but remains a corrective move within a broader capped structure.
The Relative Strength Index (RSI) at around 54 points to steady, non‑overbought upside momentum, while the positive Moving Average Convergence Divergence (MACD) reading above the zero line suggests bullish pressure is improving but not yet strong enough to challenge the higher daily trend barriers.
On the downside, immediate support is located at the reclaimed 50‑day EMA near $65,145, with a stronger demand zone emerging at the prior horizontal floor around $64,004 if sellers regain control.
On the topside, initial resistance is seen at the 100‑day EMA clustered near $67,980, ahead of the more decisive medium‑term hurdle at the 200‑day EMA around $74,094; a sustained break above these levels would be needed to reopen the path toward the distant horizontal resistance at $84,410.
Ethereum faces rejection from the 100-day EMAEthereum price trades at $1,875 on Friday and holds above the 50-day EMA at $1,831, hinting at a modestly constructive short-term tone, but remains capped beneath the 100-day EMA at $1,938 and the distant 200-day EMA at $2,187, which keep the broader recovery in check.
The RSI at 56 sits in positive but non-extreme territory. At the same time, the MACD remains in positive territory, together suggesting steady but not explosive bullish momentum as long as price holds above the 50-day EMA.
On the topside, immediate resistance is at the 100-day EMA near $1,938, with a break there exposing the psychological horizontal barrier at $2,000, then the 200-day EMA at $2,188.
On the downside, initial support is provided by the 50-day EMA around $1,831, ahead of a more distant structural floor at $1,385, where buyers would be expected to re-emerge on a deeper pullback.
XRP sits below key EMAsXRP price trades at $1.111 on Friday, holding a bearish near-term bias as it sits below the 50-, 100-, and 200-day EMAs clustered overhead. The 50-day EMA at $1.143 is the nearest dynamic cap, with the longer 100-day EMA at $1.232 and the 200-day EMA at $1.440 reinforcing a broader downside structure, even as the RSI hovers near a neutral 49, and the MACD remains marginally positive, hinting at only modest countertrend buying interest.
On the topside, initial resistance is at the 50-day EMA near $1.143, followed by the 100-day EMA near $1.232; a stronger recovery would face further hurdles at the $1.300 horizontal barrier, ahead of the 200-day EMA at $1.440 and the distant $1.900 resistance line.
On the downside, the first significant support emerges at the $1.000 psychological and horizontal level, where bulls would be expected to defend the broader range if selling pressure resumes.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
Cryptocurrency metrics FAQs The developer or creator of each cryptocurrency decides on the total number of tokens that can be minted or issued. Only a certain number of these assets can be minted by mining, staking or other mechanisms. This is defined by the algorithm of the underlying blockchain technology. On the other hand, circulating supply can also be decreased via actions such as burning tokens, or mistakenly sending assets to addresses of other incompatible blockchains.
Market capitalization is the result of multiplying the circulating supply of a certain asset by the asset’s current market value.
Trading volume refers to the total number of tokens for a specific asset that has been transacted or exchanged between buyers and sellers within set trading hours, for example, 24 hours. It is used to gauge market sentiment, this metric combines all volumes on centralized exchanges and decentralized exchanges. Increasing trading volume often denotes the demand for a certain asset as more people are buying and selling the cryptocurrency.
Funding rates are a concept designed to encourage traders to take positions and ensure perpetual contract prices match spot markets. It defines a mechanism by exchanges to ensure that future prices and index prices periodic payments regularly converge. When the funding rate is positive, the price of the perpetual contract is higher than the mark price. This means traders who are bullish and have opened long positions pay traders who are in short positions. On the other hand, a negative funding rate means perpetual prices are below the mark price, and hence traders with short positions pay traders who have opened long positions.
Leading cryptocurrencies dived alongside stocks on Thursday as elevated Middle East tensions trimmed investors’ risk appetite.
Crypto Market in RedBitcoin fell back to the mid-$64,000s, while Ethereum dropped to around $1,800, reversing earlier weekly gains. XRP and Dogecoin also broke to the downside.
Over $250 million was liquidated from the cryptocurrency market in the last 24 hours, with $188 million in bullish long positions alone wiped out, according to Coinglass data.
Bitcoin’s open interest fell 2.85% over the last 24 hours. A falling open interest with falling prices typically indicates that traders are exiting their long positions rather than new sellers taking over.
Top Gainers (24 Hours)
The global cryptocurrency market capitalization stood at $2.25 trillion, following a dip of 0.59% over the last 24 hours.
Stocks Edge LowerStocks extended the decline on Thursday. The Dow Jones Industrial Average fell 506.93 points, or 0.97%, to end at 51,711.65. The S&P 500 slid 1.21% to 7,408.30, while the tech-heavy Nasdaq Composite lost 2.15% to close at 25,137.69
U.S. strikes on Iran entered their 13th consecutive day, while Yemen’s Iran-backed Houthi militia announced a maritime embargo on Saudi Arabia, raising fresh worries about oil exports transiting the Red Sea, another key oil shipping route
Time to Accumulate?Ali Martinez, a widely followed cryptocurrency analyst and trader, noted that Bitcoin’s Sharpe ratio—which measures the reward per unit of risk—has dived into the negative territory, creating an “asymmetric” entry point for long-term investors.
“Past instances where the ratio compressed to these levels, such as during the 2015, 2019, and 2022 bear market bottoms, marked final capitulation phases,” the analyst added.
Michaël van de Poppe, another prominent cryptocurrency influencer, said that Ethereum’s $2,500 target remains intact, while admitting that the latest correction “isn’t great for the markets.”
Photo Courtesy: Marc Bruxelle on Shutterstock.com
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Bitcoin hovered near the $65,000 mark on Friday as escalating Middle East tensions weighed on sentiment in the cryptocurrency market, while Ethereum also traded lower.
Bitcoin was trading at $65,345, while Ethereum was at $1,877.
Over the past 24 hours, Bitcoin declined 0.43% and Ethereum fell 2.23%. Among major altcoins, BNB, XRP, Solana, Hyperliquid, Dogecoin and Cardano dropped by as much as 4.09%, while Tron edged up 0.05%.
Crypto Tracker
TOP COINS (₹)
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Nischal Shetty, founder of WazirX, said that Bitcoin remained under pressure as geopolitical tensions in the Middle East dampened investor sentiment, prompting a shift toward safer assets. Ethereum also weakened, with traders closely monitoring institutional positioning and broader market uncertainty.
“Bitcoin's daily technical indicators remain neutral, with immediate support around $64,200–$64,500, while Futures traders are watching whether BTC can sustain a move back toward $66,000. For Ethereum traders, $1,840–$1,860 remains the key support zone, while $1,900 is the next major resistance,” Shetty further said.
The global crypto market capitalisation went down 0.7% to $2.22 trillion, according to CoinMarketCap.
Akshat Siddhant, Lead quant analyst, Mudrex said fresh attacks in the Middle East have pushed crude oil above $90 a barrel, while driving US bond yields to their highest levels in 18 months, weighing on risk assets.
Despite the weakness in price, US spot Bitcoin ETFs extended their inflow streak to seven consecutive sessions, attracting nearly $1 billion in total, Siddhant further said.
In the past week, Bitcoin and Ethereum were up 2.98% and 1.58% respectively. Among the major altcoins, BNB, Hyperliquid, and Dogecoin corrected upto 4.17% whereas XRP, Solana, Tron, and Cardano gained upto 4.47%.
Crypto markets are also facing pressure from tighter financial conditions. Bitcoin remains relatively stronger than Ethereum and major altcoins, with its four-hour structure constructive above $65,000, said Riya Sehgal, Research Analyst, Delta Exchange.
Here is what other analyst say
Vikram Subburaj, CEO, Giottus: Institutional demand has improved materially. US spot Bitcoin ETFs recorded approximately $999.3 million in inflows across seven consecutive positive sessions from July 14 to July 22. These inflows more than offset the $424.7 million outflow recorded on July 13. July 23 showed a preliminary $22.6 million outflow, although BlackRock’s IBIT figure remained unavailable.
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Avinash Shekhar, Co-Founder & CEO, Pi42: The latest correction across the crypto market reflects how quickly global geopolitical developments can influence investor sentiment across asset classes. Bitcoin’s pullback towards the mid $64,000 range, alongside weakness in Ethereum and other leading digital assets, comes amid heightened uncertainty following the escalation in the Iran conflict and a broader shift away from high-growth assets.
CoinSwitch Markets Desk: The July recovery could lose momentum if BTC fails to reclaim $65K, with the 21-day moving average near $64K acting as key support and $68K as the next major resistance. Investors may prefer disciplined positioning, limited leverage and gradual accumulation near support rather than chasing short-term rebounds.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail.
Ethereum (ETH) Ethereum moved higher by 3% this week as buyers gained control of the price action since late June. This relief rally started once the support at $1,500 was tested and held.
At the time of this post, ETH is facing some resistance as the price approaches the key psychological level at $2,000. It is likely to bring back sellers and could send the price into a pullback.
Looking ahead, the cryptocurrency remains in a macro downtrend. While this rally is a positive change, sustaining it beyond $2,000 seems a big ask right now. Only if $2,000 turns into support does ETH have a good shot at breaking the prevailing downtrend.
Source: TradingView Ripple (XRP) XRP also managed to book a 3% gain this week as buyers have kept the price well above the key support at $1. The current resistance is at $1.2, and until it is broken, it is unlikely this cryptocurrency can make sustained gains.
With volume declining steadily month-over-month, XRP currently lacks the momentum for a major breakout. Market participants seem to have retreated since the drop in February and have not returned to date.
Looking ahead, the current consolidation above $1 is a positive development. However, it can equally be a pause taken by sellers before they attempt another go at the key support.
Source: TradingView Cardano (ADA) ADA had a positive week, closing 6% higher. This comes after the price made a head and shoulders reversal pattern with the key support around $0.15. As long as that level holds, buyers have the advantage.
Nevertheless, Cardano still has to make clear higher lows and higher highs before we can be confident in a reversal and end to the current macro downtrend. For that to happen, the price will have to move beyond $0.25.
Looking ahead, the weekly momentum indicators such as the MACD are giving a bullish bias. This is a promising sign that sellers could be exhausted here, which may allow buyers to take back control for a longer period.
Source: TradingView Binance Coin (BNB) Binance Coin looks weak throughout the past seven days and made no gains. The price still needs to break the resistance at $580, which has kept buyers in check over the past month. Without a clear breakout, BNB is forced to move sideways or even seek lower levels to find buyers.
The price also saw decreased volatility and volume. This could also be related to the recent regulatory changes that forced EU users to find a new exchange. That is bearish for the BNB price as it lowers demand for the token.
Looking ahead, this cryptocurrency is found in a downtrend with no signs that this will end any time soon. As such, watch the support at $500, which could be tested in the future before buyers return.
Source: TradingView Hype (HYPE) Surprisingly, HYPE was flat this week and lost 5% of its valuation in the past month. This highlights that the uptrend may be over. The price is also under $60 at the time of this post, which is concerning since it may encourage sellers to push even lower.
If this cryptocurrency loses its macro uptrend, then a larger and more significant correction could follow. Right now, the longer the price sits under $60, the higher the chance that HYPE will fall much lower. Key support levels are found at $56 and $52.
Looking ahead, HYPE had a fantastic rally in the first half of 2026, and it seems the second part of the year could end up in a major correction. That may see HYPE revisit previous levels under $50. If so, this can also be a key buying opportunity.
After its spectacular launch rally, Cash Cat is still losing ground; the token is currently trading at $0.046. The daily chart clearly shows that sellers are now in charge, as speculative buying pressure has virtually completely vanished. CASHCAT did not establish any significant consolidation after its initial surge toward the $0.20 region. Instead, a textbook downtrend has been created as each attempt at recovery has resulted in a lower high.
This structure is reinforced by the most recent candle sequence, which shows that buyers were unable to withstand even the brief recovery toward $0.08. The chart's lack of accumulation following the collapse is among its most alarming features. Violent sell-offs of strong meme assets are frequently followed by protracted sideways trading as new buyers enter the market.
CASHCAT/USDT Chart by TradingViewCASHCAT does not yet exhibit that behavior. Rather, the price keeps printing lower lows while daily volatility progressively decreases, indicating a decline in the activity of both buyers and sellers. Momentum indicators are still not very good. The token is kept below the neutral 50 level by the RSI, which is currently at 41.
HOT Stories
Although this reading is no longer oversold, it also shows no signs of a resurgence of bullish momentum. Every bounce runs the risk of turning into another brief relief rally rather than the start of a long-term reversal until the RSI rises back above 50.
Currently, the main resistance zone is located between $0.06 and $0.08. Before it broke sharply, that area served as short-term support, so if the price rises, sellers are probably waiting there to sell their positions. The first technical indication that bears are starting to lose control would be reclaiming that range. The present lows around $0.045 are becoming more significant on the downside.
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A clear breakdown below them would expose CASHCAT to yet another wave of price discovery lower, since the token would have no historical support. Even though long upper wicks occasionally indicate speculative buying attempts, the structure as a whole is still bearish.
Although buyers frequently fail to sustain higher prices by the daily close, those spikes show that liquidity is still present. It seems likely that CASHCAT will continue to face pressure unless meme coin sentiment across the market significantly improves. Before any discussion of a wider trend reversal is technically warranted, bulls must set a higher low and recover the $0.06–$0.08 zone.
Solana's stabilization effort After months of weakness, Solana is trying to stabilize, trading at about $76 and progressively forming a string of higher lows. Heavy resistance overhead continues to limit the broader trend, despite the chart's notable improvement since June's steep decline toward the low-$60 area.
The relationship between price and the shorter moving averages is the most promising development. Both the 26-day and 50-day exponential moving averages have been successfully recovered by SOL, and they are now serving as dynamic support. The price has been consolidating above those levels for a number of sessions, suggesting that buyers are protecting recent gains rather than taking quick profits. The wider picture is still difficult, though.
SOL/USDT Chart by TradingViewThe 100-day EMA is currently close to $80 and has consistently rejected attempts to rise throughout July. The 200-day EMA at $93 is still sloping downward even higher, highlighting the fact that the longer-term trend has not yet returned to bullish territory. Solana might benefit from the current $76 consolidation.
The price is moving sideways while allowing moving averages to compress below, rather than extending vertically into resistance. If buying volume eventually reappears, this frequently lays the groundwork for a more forceful breakout attempt. The RSI is consistent with that interpretation. The indicator is close to 51, which is nearly neutral. This implies that momentum has bounced back from negative conditions without overheating. Before momentum enters overbought territory, bulls still have room to move higher.
The area between $80 and $84, where the declining 100-day EMA intersects with earlier horizontal resistance, continues to be the center of immediate resistance. Reaching the $90 area, which is psychologically significant, would probably lead to a resurgence of optimism. The shorter moving averages are currently converging at $73–$74, where support has strengthened.
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The recent recovery would be weakened if that area were lost, and SOL might return to the mid-$60 range. During the most recent consolidation, volume has progressively decreased, which is quite common following a recovery rally. Before anticipating a clear breakout, traders will probably wait for a discernible rise in buying activity. Compared to earlier this summer, Solana's technical picture has significantly improved overall.
The asset has developed a positive base and is no longer in freefall. However, the recovery should be seen as an improving consolidation rather than the start of a confirmed long-term uptrend until SOL firmly breaks through the $80–$84 resistance zone.
XRP's difficult periodXRP has already encountered difficulties in its most recent breakout attempt. Sellers swiftly intervened and drove the asset back below the breakout level after it momentarily pushed above the upper boundary of its ascending triangle. The rejection implies that buyers are still not convinced enough to buck the general downward trend. Right now, XRP is trading at about $1.13, which is nearly exactly where several short-term moving averages converge.
XRP/USDT Chart by TradingViewThe 50-day and 100-day moving averages are still higher at $1.16-$1.24, forming a dense supply zone, while the 26-day EMA is serving as immediate resistance. Upside is probably going to be restricted until XRP clears that cluster. Following the unsuccessful breakout, the daily RSI has fallen back below the neutral 50 level, indicating waning momentum.
An indication that bulls are having trouble attracting new capital is the volume, which has remained comparatively muted. The rising trendline that supported the most recent consolidation is still the crucial level to watch on the downside.
With psychological support at $1.00 becoming more crucial, a decisive daily close below it might invalidate the entire recovery structure and expose XRP to another move toward the $1.05 area. On the other hand, recovering $1.16 would boost confidence and restore access to the 50-day moving average.
Dogecoin's key weaknessDogecoin still appears to be substantially weaker than the majority of large-cap cryptocurrencies. The meme coin is trading close to $0.070, just above recent local lows, and it is still well below all of the daily chart's major moving averages. There is not much room for optimism in the technical structure.
The 50-day, 100-day, and 26-day moving averages are all trending above the price, indicating that sellers are still in charge across all significant time periods. In contrast to XRP, DOGE has been grinding sideways following a protracted decline rather than establishing any convincing higher-low pattern.
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The same weakness can be seen in momentum indicators. The RSI is below 40, a sign of bearish momentum that has not yet reached extremely oversold levels. If selling pressure picks up speed, that allows for an additional leg lower.
Additionally, compared to the peaks observed during earlier rallies, volume has significantly decreased, indicating that speculative interest has essentially vanished. In the absence of new demand, recovery efforts are likely to be sold into. Recovering the 26-day EMA at $0.075 is the first obstacle for buyers.
Stronger resistance emerges above that, close to the 50-day moving average at $0.078. If the current range is not maintained, DOGE may move toward the psychological $0.065 level, which would represent yet another major decline in its long-term structure. DOGE currently has one of the weakest-looking charts among major cryptocurrencies.
Following an early surge, Cash Cat has continued its downward trajectory, currently trading at $0.046. The daily price chart indicates persistent selling, with buyers retreating and speculative demand all but disappearing. The token failed to establish any meaningful base after its initial rally toward $0.20, instead forming a clear downtrend as every rebound produced a lower high.
Cash Cat struggles to find supportRecent trading sessions show that even minor recovery efforts, such as a move toward $0.08, met immediate resistance, and buyers were unable to sustain upward momentum. Unlike many meme tokens, where intense sell-offs are usually followed by a period of sideways movement as new buyers accumulate, CASHCAT continues to record lower lows. Daily fluctuations are narrowing, and both buying and selling activity appears to be fading.
Technical indicators provide little optimism. The relative strength index (RSI) remains below the neutral 50 mark, sitting at 41. While this is not an oversold level, it also does not point to any budding bullish momentum. For sustained recovery, the RSI would need to rise above 50 and see prices reclaim the resistance zone between $0.06 and $0.08.
Every rally attempt so far has failed to break resistance, and unless the price overcomes the $0.06–$0.08 area, sellers are likely to stay in control.
If Cash Cat slips below the current local support near $0.045, it could trigger a new drop, as there is no clear historical support at lower levels. Occasional speculative spikes show that liquidity is present, but buyers often cannot hold gains into the close. Until market sentiment surrounding meme coins shifts, sellers are expected to retain control.
Solana’s gradual recovery stalls at moving averagesSolana has attempted to stabilize after several months of weakness, consolidating around $76 and shaping a series of higher lows. Although the downtrend that started with June’s decline toward $60 has given way to some price stability, stiff resistance remains overhead.
The most notable development is Solana’s recovery of its 26-day and 50-day exponential moving averages, which now provide dynamic support. Price has lingered above these levels, indicating that recent gains are being defended. However, more significant resistance at the 100-day EMA—currently around $80—has repeatedly capped upward movement, while the longer-term 200-day EMA at $93 continues to slope downward, highlighting an unconfirmed long-term reversal.
The sideways price action gives moving averages time to converge and may support a breakout attempt if buying returns in force. Solana’s RSI stands at 51, signaling that momentum has rebounded from lows but is not yet overbought. This leaves some room for further upside should bullish sentiment return.
Moving AverageCurrent LevelStatus26-day EMA$74Support50-day EMA$74Support100-day EMA$80Resistance200-day EMA$93Downtrend ResistanceNear-term resistance is concentrated between $80 and $84, coinciding with the declining 100-day EMA and previous price ceilings. A break above this region could open the door to $90, a critical psychological level. Meanwhile, support has formed at $73–$74, where the shorter moving averages are converging; losing this area could put $60s back in play. Volume has decreased during the recent consolidation, typical after a rebound. Solana’s structure is stronger than in early summer, but a confirmed uptrend hinges on overcoming the $80–$84 zone.
XRP attempts breakout, faces seller pressureXRP’s bullish momentum faltered quickly after briefly breaching the upper edge of its ascending triangle pattern. Sellers pushed the price back below breakout levels, indicating that buyers remain hesitant. At the moment, XRP trades near $1.13, close to a cluster of short-term moving averages.
The 26-day EMA acts as immediate resistance, with the denser 50-day and 100-day moving averages at $1.16 to $1.24 creating a challenging supply zone above. The daily RSI has also slipped below the neutral midpoint as positive momentum fades.
Failure to solidly regain $1.16 would likely keep XRP rangebound or send it lower, while a close below $1.00 could nullify the current recovery and expose the asset to further declines.
Muted trading volume suggests that fresh capital inflows are lacking, while the asset’s structure depends on the rising trendline that has provided support in recent weeks. Should XRP fall below this, and lose hold of the psychologically sensitive $1.00 mark, further downside becomes a risk.
Dogecoin remains under pressureDogecoin continues to lag behind other major cryptocurrencies, trading near $0.070 and sitting below all major daily moving averages. The technical landscape offers little cause for optimism, as the 50-day, 100-day, and 26-day moving averages remain above price and reinforce ongoing selling dominance.
Unlike XRP, which at least attempted a breakout, DOGE has failed to establish higher lows and mostly moved sideways following a sustained decline. Momentum indicators like the RSI remain below 40, pointing to persistent bearishness that has not yet reached a capitulation point. Trading volumes have also collapsed compared to previous rallies, evidence that speculative interest has waned.
The first target for buyers is reclaiming the 26-day EMA at $0.075, followed by the 50-day MA at $0.078. If DOGE cannot maintain its current range, it risks sliding toward the psychological $0.065 level, deepening its longer-term downtrend. For now, Dogecoin shows one of the weakest setups among leading cryptocurrencies.
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 video shared by Thomas Laresca, known as a crypto coach on X, has sparked considerable discussion within the XRP investor community. The video features a man who tells his wife he owns 10 million XRP. When asked if that amount is enough, he responds emphatically, “Fuck No.”
The push to accumulate more XRPThis short exchange has drawn attention not just for its humor, but for capturing a belief widely held among serious XRP investors: relentless accumulation is key, regardless of current holdings.
Notable figures in the XRP ecosystem continue to encourage investors to increase their exposure. Edoardo Farina, CEO of Alpha Lions Academy, has stated that holding less than 1,000 XRP represents “insanity” and advises aiming for 10,000 XRP as a threshold for those seeking significant profit opportunities. Financial analyst Brewer has echoed this sentiment, recommending every XRP holder keep at least 10,000 XRP in cold storage. Brewer maintains that XRP’s primary value may be as collateral to access liquidity, rather than a token to be sold swiftly for short-term profit.
Brewer has maintained that “10,000 XRP” should be considered a baseline for every serious investor’s cold storage, positioning XRP as collateral rather than a quick trade.
Within this framework, the notion of amassing 10 million XRP, as in the viral video, vastly exceeds even the most ambitious benchmarks commonly discussed by experts.
Where 10 million XRP ranks among global holdersRecent data compiled by XRP community member BagMan (@XRPBags) sheds light on how rare such a holding is. According to the most current XRP rich list, a wallet holding 2,155.87 XRP already ranks in the top 10% of all accounts. Climbing higher, 45,000 XRP places an investor in the top 1%, while a holding of 277,098.12 XRP is required to enter the top 0.1%, with just 7,999 accounts reaching this level.
Only those with over 3,714,074.61 XRP rank among the top 0.01%, a category with fewer than 800 wallets worldwide. Therefore, an account containing 10 million XRP is firmly positioned within this exclusive segment.
Investor percentileMinimum XRP heldApproximate number of walletsTop 10%2,155.87N/ATop 1%45,000N/ATop 0.1%277,098.127,999Top 0.01%3,714,074.61<800Mini dictionary: XRP rich list, a resource that provides distribution data by wallet balances to analyze asset concentration and investor tiers within the XRP network.
Long-term outlook and price aspirationsBased on current prices of $1.09 per token, a 10 million XRP holding equates to $10.9 million. Some analysts have predicted ambitious targets such as $27 per XRP, and a handful have suggested figures as high as $589. These projections, if realized, would turn such a holding into an asset worth hundreds of millions or even billions of dollars.
Regardless of price targets, the underlying message from most experts remains focused on long-term accumulation. The prevailing advice is to store assets in self-custody and prepare for potential future appreciation. The man featured in Laresca’s video, despite holding well above elite thresholds, appears to embody this prevailing mentality: no amount is ever truly enough for dedicated XRP adherents.
The consensus across much of the XRP community is to keep accumulating and focus on long-term strategies rather than short-term trades, a view echoed by several market specialists.
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 youtu.be Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
While crypto enthusiasts debate XRP's potential return to its historic highs, Barstool Sports founder Dave Portnoy has set a specific exit target for the asset: $1.40.
The businessman is thinking in purely practical terms as he urgently needs available cash to participate in the Saratoga Sales and Cleveland thoroughbred horse auctions in August. He simply does not have time to wait for a hypothetical move to $2 per XRP.
Horse money versus Murphy's lawPortnoy is counting on a quick market impulse to finally offset his previous multimillion-dollar losses. According to him, at the lowest point, his crypto portfolio was down between $3 million and $5 million. Shifting his focus from long-term holding to taking profits quickly, he explained that the decision was driven by a practical need:
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"I need this rocket. XRP just went to $1.11 as I said it, but I need XRP at $1.40. All right, I need 30 more cents in XRP. I need Bitcoin at $80,000. I need these things if I'm going to get more horses. I need them; Saratoga Sales are coming up, and Cleveland after that. I'm going to need Bitcoin, crypto, and XRP to do their part," Portnoy said on social media.
The investor also commented ironically on his own timing. According to him, cryptocurrencies regularly surge immediately after he sells at a loss. Portnoy even joked that the community should start paying him to exit his positions in order to stimulate market growth.
Portnoy's XRP target runs into the 200-day moving averageThe technical picture shows that Portnoy's emotional target surprisingly coincides with the market's main obstacle. On the XRP/USD chart, the prolonged downtrend that began after last year's highs remains intact.
Daily XRP price chart with 200 MA attached (red), Source: TradingViewWhere the price stands now: XRP is trading near $1.10, attempting to stabilize after the recent sell-off.The wall at $1.40: The 200-day moving average, shown by the red line, is located directly at Portnoy's target. Throughout the year, the price has repeatedly tested it from below and consistently bounced back down.Ultimately, Portnoy's strategy looks quite logical. Instead of waiting for a reversal of the broader trend, he plans to take the cash at the first major barrier, where medium-term traders typically begin closing their positions.
Ripple revealed that its University Blockchain Research Initiative (UBRI) has expanded to over 60 leading universities worldwide, underlining academia’s growing role in shaping blockchain innovation. This development was detailed in Ripple’s 2025–2026 Advancing Blockchain Research with Real-World Impact report, which underscored the influence of university-led projects in moving blockchain technology forward.
University-driven research shifts blockchain progressUBRI, launched in 2018 by Ripple, functions as a global research network connecting academic research to real-world blockchain applications. The initiative provides funding, technical support, educational resources, and fosters open-source collaboration, supporting both researchers and students focused on emerging blockchain technologies.
Ripple’s latest report identified three key areas where UBRI-supported researchers are making significant progress. The first area involves developing AI-powered financial infrastructure. Teams are exploring ways artificial intelligence can work with blockchain to automate payments, streamline financial decisions, and create autonomous agents—potentially transforming the way transactions take place.
AI integration in blockchain enables programmable, secure financial systems designed to simplify transactions and automate complex processes for future economic models.
This research positions blockchain as the core foundation behind intelligent, programmable, and secure financial platforms, especially as artificial intelligence takes on more sophisticated roles in finance.
From tokenization to quantum-secure blockchainsThe second major focus is on tokenized assets and digital markets. UBRI-sponsored university teams are developing mechanisms to represent and trade real-world assets—such as securities, real estate, and commodities—directly on blockchain platforms. This work aims to improve efficiency, increase market liquidity, reduce settlement times, and open up access to new investment opportunities across global markets.
Mini dictionary: Tokenization refers to the process of converting ownership of physical or digital assets—such as stocks, real estate, or artwork—into tradable digital tokens on a blockchain, enabling easier transfer, fractional ownership, and improved liquidity.
Asset TypeTraditional TransferTokenized TransferSecuritiesSeveral daysNear-instantReal EstateWeeks/monthsMinutes/hoursCommoditiesIntermediaries requiredPeer-to-peerThe third area involves post-quantum cryptography, as advancements in quantum computing could eventually compromise current encryption standards. UBRI-affiliated researchers are working on new cryptographic techniques designed to safeguard blockchain networks and digital assets against potential quantum threats in the future.
Mini dictionary: Post-quantum cryptography involves developing cryptographic algorithms capable of resisting decryption by quantum computers, which could eventually break many existing encryption methods.
Ripple strengthens industry-academic collaborationRipple highlighted that the ongoing expansion of UBRI demonstrates a shift in blockchain research from purely theoretical studies to practical, actionable solutions. By growing its university network, Ripple aims to support the next generation of blockchain developers, economists, policymakers, and business founders.
Ripple, whose flagship digital asset is XRP, has also bolstered its reputation in the fintech sector. CEO Brad Garlinghouse recently stated that XRP’s settlement speed reduces transaction risks for financial institutions when compared to conventional SWIFT-based transfers. Ripple was recognized again in 2024 on the list of the World’s Top Fintech Companies by CNBC and Statista, marking the fourth year it has received this distinction.
Ripple’s strategy emphasizes fusing academic research with enterprise adoption, seeking to make blockchain a foundational element of global finance in the years ahead.
With UBRI’s ongoing expansion and continued academic partnerships, Ripple continues to position itself at the intersection of research, education, and industry application, supporting wider adoption of blockchain technology across global financial markets.
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 price action on Thursday, July 23, 2026, focuses on the token’s attempt to sustain a breakout from a multi-year technical pattern. This move has drawn attention from traders and analysts as XRP tests critical support and resistance levels while market activity shifts.
Spot Price and Volume MovementsXRP is currently priced at $1.13, marking a daily decline of 0.13%. Trading volume has fallen sharply by 31.53% in the last 24 hours and now stands at $960.43 million. Despite the daily decrease, the token has climbed 2.54% over the past seven days, based on CoinMarketCap data.
Technical analyst Egrag Crypto, a figure widely followed for his insights on digital asset chart patterns, observed that XRP has confirmed a breakout from a symmetrical triangle that has shaped its price for years. As the asset moves to retest this breakout, the $0.85–$0.88 range has been identified as a significant support zone. Egrag views this action as a broader macro-level test.
XRP’s retest of the $0.85–$0.88 range reflects the lower boundary of its triangle structure. Sustained monthly closes below this level would challenge the bullish case, but occasional dips under the range would not be immediately bearish.
The support range represents the intersection of the triangle’s base and an area identified as the White Bridge pattern. Analysts consider a monthly close below this range to reduce bullish momentum, emphasizing the need for price stability above it.
Price Targets and Technical OutlookEgrag has outlined a step-by-step price roadmap for XRP. The sequence starts with the current support range between $0.85 and $0.88. Above, potential resistance emerges at $1.23 and $1.65. If these levels are surpassed, price targets in the $3.00 to $3.50 zone become relevant, potentially paving the way for further gains.
Egrag’s longer-term measured move points to $6.40 as the initial major upside target, with a stretch forecast of $30 as the macro projection. However, these figures are not set as imminent targets and would require XRP to hold above prior resistance levels.
From a moving average perspective, the 20-day exponential moving average (EMA) is at $1.11130, placing the spot price slightly above short-term support. The 50-day EMA is higher at $1.14479, acting as immediate resistance. The 100-day EMA is at $1.23336, while the 200-day EMA sits at $1.43438, with XRP trading below both longer-term averages.
IndicatorValuePrice Position20-day EMA$1.11130XRP slightly above50-day EMA$1.14479XRP just below100-day EMA$1.23336XRP below200-day EMA$1.43438XRP belowBollinger Bands, a tool for assessing market volatility, set the middle band at $1.11091, with the upper band at $1.16209 and lower band at $1.05974. With XRP positioned between the middle and upper bands, resistance could emerge near $1.16209 if volatility rises.
Derivatives market data from CoinGlass shows that futures volume dropped 25.51% to $1.74 billion, alongside a 1.42% decrease in open interest, which currently stands at $2.50 billion.
The funding rate for open interest-weighted positions is at 0.0041%. This positive number suggests that long traders are making payments to those with short positions, reflecting a leaning toward bullish bets among derivatives participants.
Liquidations over the past 24 hours reached $1.13 million, divided nearly evenly between long positions ($570,500) and short positions ($557,610), showing limited directional conviction. The total difference came to just $12,890.
Mini dictionary: Bollinger Bands are a technical analysis indicator that plots volatility bands above and below a moving average, helping traders identify potential overbought or oversold conditions.
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 made a strategic investment in Notabene Wednesday to expand compliant stablecoin payments, even as XRP (CRYPTO: XRP) dropped 3% after a cup and handle breakout failed on the daily chart.
What Is Notabene And Why Did Ripple Invest?According to a press release, Notabene runs the world’s largest open network for regulated on-chain transactions, connecting more than 2,300 institutions across 100-plus jurisdictions and processing over $2 trillion in annualized transaction volume.
The network handles Travel Rule compliance alongside broader transaction verification and authorization, which is exactly the infrastructure banks need before moving value on-chain.
Ripple invested because institutional stablecoin adoption has hit a specific wall: firms know they want to use stablecoins but cannot do it safely at scale within their existing compliance frameworks. Notabene’s network solves that problem.
“Stablecoins are quickly becoming part of mainstream financial infrastructure, but institutional adoption depends on more than efficient settlement rails alone,” said Jack McDonald, SVP of Stablecoin at Ripple.
“It requires trusted identity, compliance, and transaction authorization before value moves,” he added.
How Does This Expand RLUSD’s Reach?The partnership integrates RLUSD into Notabene Flow, the company’s B2B stablecoin payments platform that enables payment coordination, pull payments, recurring payments, and automated invoicing for institutions.
Ripple Payments and Notabene’s authorization capabilities will also explore deeper integration.
Notabene CEO Pelle Braendgaard said the combination of Notabene’s compliance network with RLUSD and Ripple’s global payments reach turns stablecoin adoption from a pilot program into a real growth engine that reaches more counterparties and moves more volume faster.
Why Is XRP Down 3% Despite The News?XRP dropped 3% as the cup and handle breakout that traders were watching has failed.
Price sliced back below the 50-day EMA at $1.14 and is now sitting on the 20-day EMA at $1.11, the last line before the setup is fully invalidated.
The pattern is a classic failed breakout. Price pushed above the handle, trapped late buyers at higher levels, then reversed sharply with those trapped buyers now driving the selling.
A daily close below the 20-day EMA at $1.11 fully confirms the failure and puts $1.05 back in play quickly.
Bulls need to reclaim $1.14 to even begin rebuilding the case. The daily candle is still open, and a recovery close above $1.12 keeps the setup alive.
Image Source: Shutterstock
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Ripple Chief Legal Officer Stuart Alderoty has renewed calls for lawmakers to advance the Clarity Act, legislation designed to regulate the cryptocurrency and digital asset industries in the United States. The bill, formally known as H.R. 3633, cleared the House of Representatives in July 2025 with a 294-134 vote and now awaits action in the Senate Banking Committee following its executive session in May 2026.
Ripple CLO highlights need for stronger consumer protectionsAlderoty described the Clarity Act as a vital step for consumer protection, specifically noting its anti-money laundering and know-your-customer requirements. He argued these provisions, alongside new enforcement tools for federal authorities and state attorneys general, would provide more robust safeguards for both consumers and legitimate businesses in the digital asset sector.
Stuart Alderoty, the top legal executive at Ripple—a blockchain payments company known for its XRP cryptocurrency—has played a prominent role in shaping internal legal policy amid ongoing regulatory scrutiny from U.S. agencies.
The Clarity Act is a consumer protection bill. It addresses the need for “strong AML/KYC requirements” and “real tools for law enforcement and state AGs,” Alderoty stated, pressing lawmakers not to let perfection delay meaningful reform: “Perfect can’t be the enemy of good. Let’s get this done.”
He warned that continued ambiguity around digital asset standards would leave consumers vulnerable to a lack of clear protections, with regulatory gaps that bad actors could once again exploit.
Industry observers scrutinize self-custody provisionsDespite the consumer focus, some in the crypto community see significant unanswered questions in the current draft of the Clarity Act. XRP enthusiast and XRPL validator Justin Nevins examined Senate revisions, suggesting the bill’s self-custody protections, while expanded from earlier versions, mainly apply to those holding digital assets for buying goods or services, not necessarily investors or savers.
Nevins pointed out that the “Keep Your Coins Act” section would prohibit federal agencies from restricting lawful self-custody of digital assets in self-hosted wallets, but the scope of “covered user” remains ambiguous. This uncertainty could affect those who prefer to hold cryptocurrencies as investments or for savings rather than for direct transactions.
The protections for self-custody would not override financial crime or sanctions laws, so authorities could still bar or restrict certain activities even if asset control stays with the user.
Mini dictionary: Senate Banking Committee, the U.S. Senate panel responsible for reviewing and making recommendations on banking, financial, and monetary policy, including legislation related to securities and digital assets.
Self-custody rights are recognized but must still comply with anti-money laundering and sanctions enforcement, so these provisions do not grant unrestricted crypto use.
Developer and DeFi protections under reviewAnother focus of the bill involves protections for blockchain developers. The Senate draft outlines safeguards for software developers, node operators, transaction validators, and others performing technical functions, ensuring these parties are not automatically classified as money transmitters under federal law.
However, these protections seem to depend on whether someone maintains operational control over a protocol. The question of who holds administrative privileges or upgrade keys is particularly relevant to decentralized finance (DeFi) projects, which often aim to limit centralized oversight.
Protocols that allow administrators to alter operations, censor access, or change functions midstream could lose some of these legal protections, highlighting the importance of true decentralization to qualify under the proposed law.
ProvisionImpacted PartiesConditionsSelf-custody protectionDigital asset usersLawful purposes only; subject to AML/Sanctions lawsDeveloper exemptionSoftware developers, validatorsNo protocol control or administrative privilegesThere are also questions about the legal treatment of front-end interfaces, governance activity, and liquidity pool operations, which may require further regulatory guidance in future rulemaking.
SEC and CFTC roles clarified, but debate continuesA central aim of the Clarity Act is to set statutory definitions that delineate which digital assets fall under the Securities and Exchange Commission (SEC) or Commodity Futures Trading Commission (CFTC) oversight. By clarifying the regulatory divide, the bill seeks to reduce market uncertainty for exchanges, brokers, and innovators.
Supporters argue this approach is preferable to regulation by enforcement, while critics question whether all loopholes and potential conflicts have been resolved in the draft language.
Ripple and XRP community closely monitor developmentsThe debate carries particular weight for Ripple and the wider XRP network, given Ripple’s long-standing regulatory disputes in the United States. The company has highlighted the need for clearer laws rather than piecemeal enforcement, which can deter innovation and market participation.
A federal framework could affect how exchanges, financial firms, and developers interact with the XRP Ledger, though the ultimate impact depends on the final legislative text and subsequent implementation by regulators.
With the bill still under review and subject to amendments, it is uncertain what effect the final law might have on the regulatory status of $XRP or similar digital assets.
Next steps and unresolved issuesThe Clarity Act’s specifics on self-custody and developer protections remain important for various sectors of the digital asset market. The bill’s definition of control, as well as exceptions tied to financial crime enforcement, could significantly influence its reach.
Whether these features ultimately address industry concerns or require further revisions will depend on congressional negotiations and future regulatory interpretation.
For now, the ongoing legislative process will determine if the Clarity Act brings a lasting solution to the call for regulatory certainty in the U.S. crypto sector.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Rising Futures OI raises both breakout hopes and liquidation risks.
Ripple’s XRP is back in the spotlight! The token has gained attention from both Futures traders and ETF investors, even though its price has yet to show strength.
Is there a rally underway, or are traders taking on excessive risk too early?
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Home Ripple XRP Futures heat up but price stalls below $1.15 – Here’s why
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Small holders abandon XRP, whales buy without hesitation. This unprecedented divide within the Ripple ecosystem reveals a massive token transfer between investors with opposite strategies. On-chain data shows that modest wallets capitulate under the effect of volatility, while the largest fortunes methodically strengthen their positions. This shift occurs as XRP has rebounded over 8% in five weeks and regained the $1.16 level. Such a signal could say much more about the market dynamics than just the price evolution.
In Brief XRP climbs over 8% in five weeks and surpasses the $1.16 mark. Small wallets reduce their holdings by 5.2%, succumbing to selling pressure. Large holders (100k to 100M XRP) increase their positions by 2.8% over the same period. This transfer from “weak hands” to “strong hands” historically anticipates a price recovery. A Massive Purge of Small Holders The behavior of individual investors on the XRP network shows marked fatigue in the face of recent market uncertainties. The data published by the on-chain analytics platform Santiment highlights several important factual elements regarding this capitulation :
Abandonment by small holders : the smallest wallets have reduced their overall positions by 5.2% over five weeks ; Liquidation under pressure : this massive disengagement marks a classic phase of retail investor capitulation, characterized by asset sales by actors discouraged by volatility ; Loss of conviction : the selling pressure orchestrated by retail investors shows a willingness to exit the market to limit losses or move to assets perceived as less risky. Analysis of this desertion among small holders reveals the fragility of retail investors facing uncertainty and consolidation movements. By giving up 5.2% of their total holdings in just over a month, they have released a significant volume of tokens on the secondary market. This net purge cleans the records by eliminating short-term speculators and less resilient investors. This capitulation dynamic among the smallest wallets is a major behavioral indicator. It reflects the realization of generalized pessimism among individual investors, a mindset that historically precedes token redistributions toward better-funded financial actors.
The Whales’ Counteroffensive: A Strategic Accumulation of XRP Unlike small holders, institutional investors and large token holders have intensified their purchases. Santiment data reveal that wallets holding between 100,000 and 100 million XRP have increased their balances by 2.8% over the last five weeks. This sustained accumulation phase by these whales has directly influenced the price rebound, allowing XRP to rise from $1 at the end of June to over $1.16. This aggressive buying behavior by the most capitalized wallets shows that major market players take advantage of liquidity offered by retail capitulation to strategically strengthen their positions at these price levels.
Structurally, this absorption of selling supply by large holders validates the existence of a bullish bias supported by on-chain analysis experts. As noted by the Santiment team in a post on X: “historically, XRP price has tended to evolve more in correlation with key stakeholders and inversely to smaller wallets, so this wide gap supports the bullish thesis behind the rebound.” Furthermore, this transfer of ownership from weak hands to strong hands changes the circulating supply distribution, consolidating the price above previous support levels thanks to increased institutional presence.
A Favorable Fundamental Alignment This behavioral divergence does not occur in a speculative vacuum but is supported by a fundamentally changing context for Ripple’s ecosystem. Santiment furthermore specifies that the timing of this accumulation coincides with several favorable developments, including “improved institutional access through potential ETF products and continued use of the XRP Ledger for payments, tokenization, and the RLUSD stablecoin.”
The integration of these financial infrastructures strengthens the thesis of a long-term positioning by whales, who anticipate growing structural demand for the native token of the network.
While the capitulation of small holders may have colored the market with short-term pessimism, the takeover by major players offers a promising maturity signal for XRP. The upcoming implications will depend, however, on the network’s ability to fulfill these fundamental promises, whether it is the final approval of ETFs or the effective adoption of the RLUSD stablecoin in international trade. In a constantly evolving crypto landscape, monitoring this wide gap between retail and institutional investors will remain one of the best barometers to anticipate the next market cycles.
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Luc Jose A.
Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.
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The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
Crypto commentator Michelle Kirby has spotlighted a recent video by Austin Hilton, a well-known YouTuber and crypto analyst, where he draws a direct parallel between the development of the internet two decades ago and the current evolution of the cryptocurrency sector, specifically XRP.
The early internet storyIn the video, Hilton describes his personal experience from the late 1990s and early 2000s, recounting how his father’s truck accessory company in Charlotte, North Carolina, took an early leap into e-commerce. After investing roughly $30,000 into creating hitchfinder.com, the business initially aimed to sell just a handful of hitches each day.
Hilton said he left a lucrative corporate sales career in Dallas to join the family project. By focusing on the potential of online sales, he helped grow the business to over 1,000 hitch and trailer accessory sales per day before selling the company in 2008.
Hilton reflected that in the early days of the internet, many people did not understand the technology and hesitated to get involved, missing significant opportunities.
Connecting the past with XRP’s presentHilton argues that attitudes towards crypto, and in particular XRP, mirror the fear and skepticism people once held toward the internet. He emphasized that widespread uncertainty, critical media coverage, and resistance from the general public were all hallmarks of the internet’s initial growth phase.
Hilton shares his belief that the prevailing caution and doubt surrounding XRP is not a sign of weakness but rather an indication that the technology remains in its formative stage. He attributes early resistance to a lack of understanding, just as the public misunderstood the internet before its mainstream adoption.
“There is a lot of fear around crypto, just like there was around the internet in its early days. People are fighting crypto, but those who recognize the opportunity now could see significant results in the future,” Hilton remarked.
Mini dictionary: XRP, the native digital asset of the XRP Ledger, is often used for fast and low-cost cross-border payments. Ripple, a fintech company, utilizes XRP in its global payments network.
Hilton stated that feedback from members of his private community encouraged him to revisit and share the story publicly. He believes the message resonates with both newcomers to XRP and those who have held the asset long-term, offering perspective on cyclical resistance to innovation.
For less experienced investors, Hilton’s perspective provides historical context to navigate today’s volatile market. For veteran holders, it serves as a reminder that enduring skepticism and external doubt has been a consistent feature of major technological breakthroughs.
Hilton and other industry voices maintain that XRP’s current environment, marked by unease and pushback, reflects an early-stage opportunity for those willing to hold through uncertainty. They suggest investors who maintain their positions could later view this period as being at the forefront of a significant shift.
Austin Hilton, active as a crypto commentator and content creator, continues to share his analytical views with a wide online audience, often focusing on the relationship between market psychology and technological adoption.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
XRP is at a pivotal technical level, according to prominent market analyst EGRAG CRYPTO, who identified the asset’s recent move out of a multi-year symmetrical triangle as a key step in its bullish cycle. At $1.10, XRP faces an important macro breakout retest that could set the stage for significant price appreciation if critical support and resistance levels are maintained.
Key technical zones and price targetsEGRAG CRYPTO, known for his technical analysis of cryptocurrencies, underscored the importance of the $0.85–$0.88 support area for XRP. He described this region as a high-confluence technical zone, aligning with the lower boundary of the former symmetrical triangle chart pattern, the so-called White Bridge support, the monthly 111 Exponential Moving Average (EMA), and the projected retest level.
The analyst advised that a brief move below this support would not necessarily disrupt the long-term bullish scenario, but sustained monthly closes under this range could undermine XRP’s outlook. EGRAG also pointed to the monthly 21 EMA and the $1.23 to $1.65 resistance range as pivotal levels for confirming the end of the market’s correction phase.
Defending the $0.85–$0.88 support, reclaiming $1.23, breaking above $1.65, and reaching the $3.00–$3.50 resistance area are crucial milestones for XRP’s path toward a $6.40 rally.
If these milestones are achieved and XRP regains acceptance above its previous all-time highs, EGRAG believes the path could open toward a long-term price target of $30, provided the technical structure remains intact. These projections, however, rely on XRP’s ability to validate each step along the technical roadmap.
LevelSignificance$0.85–$0.88Primary support zone$1.23–$1.65Key resistance band$3.00–$3.50Major resistance area$6.40Initial upward target$30Long-term measured targetMarket fundamentals and growing demandBeyond technical indicators, the macro environment for XRP is also becoming more constructive. Whale selling has decreased significantly, removing a major source of selling pressure in recent months. At the same time, the XRP Ledger (XRPL) has surpassed 1.4 million AI agent transactions, indicating rising adoption of automated payments and integration with machine-driven finance applications.
Mini dictionary: XRP Ledger (XRPL), an open-source blockchain designed for fast and low-cost cross-border payments, powers the XRP cryptocurrency and supports functions tailored for financial institutions, such as decentralized asset issuance and settlement.
Institutional interest is also showing signs of strength. A recent report noted that clients of Franklin Templeton—an established global asset management firm—purchased approximately $5.66 million in XRP through their exchange-traded fund (ETF) products. This accumulation by major investors indicates continued confidence in XRP despite broader market volatility.
With dwindling whale selling and institutional accumulation on the rise, along with increased usage of XRPL for AI-powered transactions, several supportive trends are converging to bolster XRP’s technical setup.
Outlook for XRP’s next moveEGRAG emphasizes that the $0.85–$0.88 support and the $1.23–$1.65 resistance will act as immediate indicators for any renewed bullish momentum. If XRP sustains these levels and reclaims higher ground, the probability of reaching the $6.40 target may increase.
The broader uptrend will depend on the asset’s reaction to these technical markers, particularly as external market conditions and investor sentiment continue to influence cryptocurrency prices.
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 fell to $64,000 as a broader risk-off move swept through crypto markets after disappointing technology earnings weighed on equities. The pullback pushed crypto market sentiment back into the Fear zone.
Notable Statistics Coinglass data shows 74,657 traders were liquidated in the past 24 hours for $240.79 million. SoSoValue data shows net inflows of $68.99 million from spot Bitcoin ETFs on Wednesday. Spot Ethereum ETFs saw net inflows of $72.6 million. In the past 24 hours, top gainers include Audiera, Midnight and World Liberty Financial. Latest DevelopmentsTrader NotesTed Pillows noted Bitcoin trading below its 200-week EMA has historically marked a long-term accumulation zone. If the traditional four-year cycle holds, the market bottom could form in Q4.
However, the analyst notes that major catalysts, such as a potential CLARITY Act approval, could alter the cycle, much like spot Bitcoin ETF approval led to a pre-halving all-time high for the first time.
Analyst and trader Kevin sees Bitcoin’s key support in the $56,000–$44,000 range but questions whether the market will first sweep a major liquidity pocket built over the past two years.
He cautions that seemingly “untouchable” support zones have often been broken before reversals, raising the possibility of one final sharp selloff before Bitcoin’s next major move.
Trader KillaXBT expects Bitcoin to trade in a range for the next one to one-and-a-half months, maintaining that the cycle’s key bottom has already formed around $57,000.
He believes any brief move below that level would likely be bought aggressively. After this consolidation, the outlook calls for a rally toward $80,000, followed by another extended period of sideways trading before the next leg higher.
Image: Shutterstock
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The National Cryptocurrency Association (NCA), a nonprofit backed by Ripple Labs and focused on expanding crypto education, published research estimating the economic impact of the cryptocurrency industry in the United States for 2026. Working with analytic firm Pragmatic Policy Group, the NCA calculated that salaries, worker spending, and overall output from the sector are set to inject $55 billion into the US economy this year.
Data on crypto employment and economic impactThe Pragmatic Policy Group’s report measured the crypto sector’s role across direct, indirect, and induced employment, highlighting its growing relevance. The analysis found that about 34,000 people are directly employed by crypto companies in the US. Factoring in supply chain jobs and spending by workers, the total number of jobs supported rises to 232,000 across the economy.
Compared to other industries, direct employment in US crypto companies now surpasses the number of jobs in sectors like coffee and tea manufacturing and aerospace, as shown by US Bureau of Labor Statistics data.
The NCA emphasized that “investments in securities and commodity contracts” generated $9.7 billion, making it the largest single sector by economic contribution, followed by “housing and real estate,” which accounted for $4.8 billion in combined value.
Several states stand out for crypto-related employment. Texas, Washington, North Carolina, California, and New York support the most industry jobs. Colorado is described as a “growing blockchain hub” due to supportive regulation, while North Dakota is emerging as an “energy-integrated digital infrastructure hub” based on its favorable tax environment for crypto mining and progressive flare gas policies.
The NCA was founded in March 2025, aiming to promote consumer awareness and understanding of digital assets. With $50 million in funding from Ripple, the group is headed by Ripple’s chief legal officer, Stuart Alderoty.
Mini dictionary: Flare gas policies are regulations governing the capture or use of natural gas produced as a byproduct during oil extraction, which is often flared (burned off). Policies allowing for crypto mining operations to use this otherwise wasted energy have attracted mining ventures to some states.
CategoryEconomic ContributionInvestments in securities and commodity contracts$9.7 billionHousing and real estate (combined)$4.8 billionThe industry experienced multiple shutdowns in 2026Despite its strong economic contribution, the crypto industry has also faced headwinds in 2026, with several digital asset projects ceasing operations. Companies cited market volatility, scaling difficulties, and operational costs as reasons for closing.
In January, New York-based crypto start-up Entropy ended operations after four years. Singapore’s decentralized email platform Dmail began shutting down in May, mentioning the unsustainable costs of bandwidth, storage, and computing resources. Other closures included decentralized governance platform Tally and Balancer Labs, both of which closed in March.
Numerous crypto companies have ended operations in 2026 due to financial difficulties and a challenging market environment, according to industry statements.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
XRP, the digital asset associated with Ripple Labs, appeared to briefly trade at $43,032.32 according to a screenshot shared by crypto analyst Steph Is Crypto on social media. At the time, a standard currency converter on the same screen listed XRP’s actual market value at $0.5721, highlighting a dramatic discrepancy.
Widespread price glitches in cryptoPrice anomalies are not uncommon in the cryptocurrency space, often resulting from system errors, third-party feed disruptions, or situations where trading volumes are unusually low. Cryptocurrency exchanges generally aggregate data from multiple external sources to determine asset prices in real-time.
If an external data provider delivers incorrect or delayed price information, the displayed value on a trading platform can diverge significantly from the actual market price. Such errors are typically brief and do not allow real trades to be executed at those extreme values.
Mini dictionary: Price glitch, a temporary and inaccurate price display on an exchange caused by a data feed error or technical issue, not reflecting actual trading activity.
Steph Is Crypto posted a screenshot showing XRP at $43,032.32 while a currency converter indicated its real-time rate was only $0.5721, underlining just how extreme these pricing errors can appear.
XRP’s loyal following, often referred to as the “XRP Army,” is known for its dedication and enthusiasm regarding the asset’s potential. Glitches displaying astronomical prices regularly fuel community speculation.
Some within the XRP community maintain that technical errors are signs of possible future values. In the aftermath of the $43,032 screenshot, online debates emerged, with some users ridiculing the glitch and others embracing it as a sign that XRP could achieve exceptional valuations.
A number of community figures shared even higher pricing anomalies from past incidents, reinforcing the belief among some supporters that large price moves are inevitable.
Historical XRP price glitchesThis is not the first incident involving unusual XRP price figures displayed by platforms. In March 2026, archived data from Kraken briefly listed XRP at $91.62 during a spike in November 2025. That event revived conversations on social platforms about what such dramatic readings could mean.
In April 2026, XRP was shown at $21,354 during a segment on Real America’s Voice, once again drawing intense reaction from its followers. Each time these events occur, discussion reignites among those who consider these readings to be more than just mistakes.
DateReported Glitch PriceSourceNovember 2025$91.62KrakenApril 2026$21,354Real America’s VoiceJuly 2026$43,032.32Currency converter screenshotLatest glitch draws new attentionThe $43,032 figure displayed this week surpasses all previous XRP price glitches, more than doubling the record set during the April 2026 live TV flash. The screenshot in question also displays the actual price of XRP at $0.5721, which suggests the image may not be entirely current. XRP has not traded near that level since late 2024, before a significant rally took the price over $3.
These recurring pricing irregularities often attract widespread attention but do not reflect genuine market activity. For now, XRP continues to trade around $1 according to the latest market data.
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 has announced the launch of Ripple Mint, a new platform designed to help expand institutional access to its RLUSD stablecoin. The launch empowers customers with additional options for minting, redeeming and managing RLUSD both manually and via automated integrations.
Ripple Launches New Platform To Promote RLUSD’s Institutional Use According to the launch, “Ripple Mint is here – a unified way for institutions to access, mint, redeem, and manage Ripple USD (RLUSD).” The company notes that stablecoins are becoming an increasingly important asset class for trading, payments and treasury management, and consequently demand for flexible access to these assets is growing.
For context, RLUSD stablecoin is issued under Standard Custody & Trust Company LLC, a trust company chartered by the New York Department of Financial Services (NYDFS). The structure is “regulated” and offers the transparency and oversight that institutional customers need, Ripple said.
Meet Ripple Mint.
A unified platform for institutions to access, mint, redeem, and manage $RLUSD.
Built for scale with both UI and API access, Ripple Mint gives institutions the flexibility to automate stablecoin operations, integrate RLUSD into existing systems, and manage…
— Ripple (@Ripple) July 23, 2026
Ripple Mint offers two options for institutions: Web-Based or Direct Connect via API. This is a way of working that helps businesses that require automation with traditional operational controls, the company said.
Using the platform, institutions can mint and redeem RLUSD. They can also transfer the stablecoin from one supported blockchain to another. In addition, it will allow institutions to track the transactions from their creation to maturity, and incorporate RLUSD activities into current systems.
Meanwhile, Ripple also invested in Notabene to further boost RLUSD’s institutional access.
A Look At Other Latest Features Ripple also unveiled new APIs and webhook notifications. These features enable users to check the status of their transactions, check account balance programatically, and get real-time updates at various stages of minting and redemption. Each workflow employs uniform reference IDs to enhance visibility in fiat and blockchain transactions, the firm said.
The company said, “Through new APIs and webhook notifications, customers can now integrate RLUSD workflows directly into their own systems, enabling automation, operational visibility, and easier reconciliation.”
The implementation also aligns with RLUSD’s growing multichain initiative. The stablecoin is now expanding beyond the XRP Ledger and Ethereum to the XRPL EVM Sidechain, Base, Optimism, Ink and Unichain, Ripple said.
The XRPL EVM Sidechain was highlighted as a crucial component of the company’s strategy. For context, the sidechain will give developers the ability to support EVMs while maintaining a strong connection with the XRP Ledger ecosystem.
The expansion will expand the availability of RLUSD on crypto exchanges, decentralized finance protocols, payment applications, and new on-chain financial infrastructure, Ripple said. The company states that XRP and RLUSD would be used synergically in Liquidity, Settlement, Collateral, Swaps and Payments.
They also said that the platform is already available for existing users. It added, “Ripple Mint is available to existing RLUSD customers today.”
Ripple has made an investment in Notabene, a regulated on-chain transaction network, as the two companies move to expand the use of RLUSD in institutional stablecoin payments.
Under the partnership, RLUSD will be integrated into Notabene Flow, Notabene’s B2B stablecoin payments platform.
The companies will also explore how Notabene’s transaction authorization and compliance infrastructure can complement Ripple Payments.
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Notabene operates a network focused on regulated digital asset transactions, connecting more than 2,300 institutions across over 100 jurisdictions. The company said its platform supports more than $2 trillion in annualized transaction volume and provides tools for compliance, counterparty verification, and transaction authorization.
Part of mainstream financeThe collaboration comes as financial institutions increasingly explore stablecoins for payments but face challenges around regulatory requirements, risk management, and verifying transaction counterparties. Notabene’s infrastructure is designed to address these requirements before funds are transferred.
Jack McDonald, SVP of Stablecoin at Ripple, has made it clear that the efficiency of settlement rails is not sufficient enough to make sure that stablecoins become fully mainstream. He added that compliance, identity verification, and transaction authorization remain key factors for broader institutional adoption.
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RLUSD, Ripple’s dollar-backed stablecoin, has been expanding across financial and digital asset platforms as the company targets enterprise payment use cases. The partnership with Notabene adds another compliance-focused integration for the stablecoin.
Notabene CEO Pelle Braendgaard said institutions have largely moved beyond evaluating whether to use stablecoins and are now focused on implementing them within existing financial operations while meeting regulatory requirements.
The investment follows broader growth in regulated stablecoin infrastructure, supported by new regulatory frameworks such as the GENIUS Act in the United States and the European Union’s MiCA rules. Ripple and Notabene said they plan to continue expanding Notabene Flow’s availability to financial institutions globally.
Ripple has launched Ripple Mint, an institutional-grade platform that consolidates institutional management of the company’s official stablecoin, Ripple USD (RLUSD).
Previously, corporate entities had to conduct their RLUSD-related transactions manually on fragmented platforms. This increased difficulty in organizing and coordinating their crypto activities. Ripple Mint solves all this by presenting itself as a unified central management hub from which users can access, mint, and redeem RLUSD into fiat currency.
Ripple Mint unifies corporate RLUSD transactionsThe software enables users to transact the stablecoin across multiple chains, including the XRP Ledger (XRPL), Ethereum, and prominent Layer-2 scaling networks such as Base and Optimism. It features programmatic webhook notifications and unified reference IDs to track transactions at its various stages: fiat receipt, token minting, on-chain settlement, and payment completion.
Institutions can access Ripple Mint via its official dashboard or connect it to their software using application programming interfaces (APIs). The console will serve a wide array of organizations, including crypto exchanges, market makers, payment providers, and fintech companies.
As Ripple notes, RLUSD operations on Ripple Mint are backed by standard compliance. The stablecoin is issued by the Standard Custody & Trust Company, a heavily regulated, institutional-grade financial services company. Additionally, RLUSD is regulated under the New York State Department of Financial Services (NYDFS).
Additional achievementsLaunched nearly two years ago, the RLUSD stablecoin has grown to be one of the top 10 stablecoins by market cap ($1.59 billion). It has recorded a trading volume of $123.38 million in the past 24 hours and is listed on several high-profile exchanges, including Kraken, Bitstamp and Bullish.
The introduction of Ripple Mint will now streamline corporate access and management of the stablecoin, likely increasing its international footprint and use in high-demand corridors.
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XRP wallet activity has shifted decisively toward withdrawals, suggesting investors increasingly prefer self-custody over centralized exchanges.
Over the past week, withdrawals have been greater than deposits across major platforms. As a result, the total number of wallets declined by roughly -13,026. Coinbase accounted for the largest shift with -8,900, while Binance followed at -2,626 and Crypto.com reached -1,500.
Source: CryptoQuant Prior to the current withdrawal trend, large increases in deposits were seen in July and again in October 2025. Both times these trends led to declines of more than 65% for Ripple’s [XRP] price. At press time, XRP traded at $1.14, indicating easing seller pressure on the asset.
Therefore, exchange reserves, netflows, derivatives positioning, and broader market liquidity remain essential for confirming whether shrinking exchange supply can support sustained price strength.
Still, they may merely reflect temporary positioning before sentiment, demand, and capital flows improve across spot and derivatives markets simultaneously.
Can shrinking exchange supply push XRP higher? Despite withdrawals continuing to reduce the supply of XRP, broader markets lack convincing evidence of sustained spot accumulation. At press time, Binance’s balance stood at 2.6 billion XRP and has been declining steadily from above 3.1 billion.
Source: CryptoQuant This trend reduces the immediate supply of sellers. Meanwhile, inflows from whales have remained subdued. Still, transfers bound for exchanges have dropped to roughly 140 XRP after major spikes earlier this year.
Large deposit bands have also muted, suggesting easing distribution pressure. However, the 90-day Spot Taker CVD has returned to neutral after briefly being buyer dominant in May. As a result, aggressive buyers in the spot haven’t regained control yet.
Source: CryptoQuant Until buying pressure strengthens, shrinking exchange supply alone is unlikely to sustain XRP’s recovery.
While spot demand remains subdued, broader market positioning offers additional insight into XRP’s recovery. Recently, AMBCrypto reported that large holders have continued accumulating during recent exchange outflows, while long-term holders remain profitable without accelerating distribution.
In this context, concentrated holdings among top wallets still warrant close monitoring. Derivatives positioning also remains constructive. Open Interest stays steady at $2.5 billion, while funding rates fluctuate between neutral and mildly positive levels.
Together, these data signals suggest a cautious conviction, rather than speculative excess. Therefore, XRP’s recovery depends upon sustained accumulation and healthy participation in futures contracts.
Final Summary XRP withdrawals continue tightening exchange supply, but spot demand remains too weak to confirm a sustained recovery. Whale accumulation supports a constructive outlook, though stronger spot buying is still needed for further upside.
Ripple has announced a strategic investment in Notabene, a regulated on-chain transaction network, as part of efforts to promote the adoption of RLUSD in institutional stablecoin payments.
Partnership aims for compliance and scaleThrough this collaboration, Ripple will integrate RLUSD, its dollar-backed stablecoin, into Notabene Flow, Notabene’s dedicated B2B stablecoin payments platform. Notabene’s system focuses on providing regulated transaction infrastructure and compliance tools to financial institutions.
By integrating RLUSD within Notabene Flow, both companies intend to streamline stablecoin-based payments for enterprises while addressing regulatory requirements and risk controls.
Ripple, best known for its global payments and blockchain solutions, developed RLUSD to offer financial institutions a compliant and efficient stablecoin option for business transactions.
Mini dictionary: Notabene, a Swiss-based company, connects regulated financial institutions and digital asset platforms worldwide with a focus on on-chain transaction compliance and verification.
Infrastructure and regulatory obligationsNotabene operates a network that enables regulated digital asset transactions, connecting over 2,300 institutions across more than 100 jurisdictions. The platform reportedly supports $2 trillion in annualized transaction volume and offers comprehensive compliance, identity verification, and transaction authorization tools required by financial institutions.
As more financial entities explore stablecoins for payments, they face increasing challenges related to regulatory standards, compliance, and verification of transaction parties. Notabene’s solution seeks to address these hurdles before any fund transfers take place.
CompanyCore ServiceInstitutions ConnectedJurisdictionsAnnual Transaction VolumeNotabeneOn-chain transaction compliance2,300+100+$2 trillionRippleEnterprise payments, stablecoinsN/A (focus on global enterprise)GlobalN/AVoices from Ripple and NotabeneJack McDonald, Senior Vice President of Stablecoin at Ripple, emphasized the need for robust compliance and identity procedures, stating that technological efficiency alone is not enough for stablecoins to achieve widespread institutional adoption. He pointed to the importance of transaction authorization and ongoing compliance for enabling responsible and scalable use.
Jack McDonald explained that settlement rails must be supported by strong compliance, identity, and transaction authorization for institutional stablecoins to move fully into the mainstream.
Pelle Braendgaard, CEO of Notabene, observed that most institutions have progressed past the evaluation stage and are now focused on integrating stablecoins into their operations while fulfilling complex regulatory and compliance requirements.
Pelle Braendgaard noted that financial institutions are now focused on implementing stablecoins within their existing workflows and maintaining regulatory compliance, rather than simply assessing their utility.
Outlook and regulatory momentumThis investment by Ripple comes as regulated stablecoin infrastructure sees significant expansion, driven by new frameworks including the GENIUS Act in the United States and Europe’s MiCA rules. Both Ripple and Notabene indicated plans to continue building out Notabene Flow’s availability for financial institutions worldwide, aiming to facilitate compliant, cross-border stablecoin payments at larger scale.
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 has introduced Ripple Mint, a new enterprise platform designed to streamline the minting, management, and redemption of its US dollar-backed stablecoin, RLUSD, for institutional clients. The launch aims to provide large-scale financial players with seamless access to RLUSD, enhanced automation tools, and broader blockchain interoperability.
Ripple Mint offers unified stablecoin managementAccording to Ripple, Ripple Mint enables institutional users to access RLUSD through both an intuitive web dashboard and a robust set of APIs. Institutions may manually manage RLUSD balances, carry out minting and redemption transactions, or integrate directly into their backend systems to automate treasury and settlement workflows.
This unified platform is intended to replace previously fragmented and manual processes often used by exchanges, fintech companies, payment providers, market makers, and asset managers engaged with stablecoins. With Ripple Mint, these participants can directly issue and redeem RLUSD, oversee real-time transactions, and bridge assets across supported blockchain networks.
Ripple’s solution also facilitates integration of RLUSD management into key business operations, including treasury, compliance, settlement, and accounting systems.
Ripple stated that Ripple Mint introduces advanced APIs and real-time webhook notifications, giving institutions end-to-end visibility throughout the minting and redemption lifecycle.
The company explained that unified reference IDs are available within the platform to track fiat deposits, mint requests, on-chain settlements, and redemption payouts, a move designed to simplify reconciliation and reduce operational complexity for enterprise clients.
Broader blockchain access for RLUSDRipple has extended RLUSD’s reach beyond its existing blockchains by supporting minting and redemption on Base, Optimism, Ink, Unichain, and the XRP Ledger EVM Sidechain. This step is expected to give institutions more flexibility in accessing decentralized finance, cross-border payment infrastructure, digital asset exchanges, and tokenized real-world asset markets.
Ripple described the XRPL EVM Sidechain as a key element in its multichain approach, combining Ethereum Virtual Machine (EVM) compatibility with the performance capabilities of the XRP Ledger.
This configuration allows developers and enterprises to build Ethereum-based applications while utilizing the speed and efficiency of the XRP Ledger environment.
Ripple emphasized that RLUSD is not intended to replace XRP. Instead, the two digital assets are designed to operate together within the ecosystem: RLUSD functions as a regulated digital dollar for payments, settlements, and treasury management, while XRP serves as a core liquidity and bridge asset for cross-chain transfers, decentralized swaps, collateralization, and global payments.
Recent integrations, such as RedotPay’s RLUSD payment card powered by the XRPL, highlight Ripple’s push to build an institutional-grade digital finance ecosystem where stablecoins and XRP jointly support global financial infrastructure.
Mini dictionary: RLUSD is Ripple’s regulated, US dollar-backed stablecoin designed for institutional use in payments, settlements, and treasury management across multiple blockchain networks.
Blockchain NetworkRLUSD Minting SupportedXRP LedgerYesEthereumYesBaseYesOptimismYesInkYesUnichainYesXRPL EVM SidechainYesDisclaimer: 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 several months of extreme volatility that has caused futures traders across the crypto derivatives market to trade with caution, it appears that traders are becoming more active in XRP futures again.
Latest data from crypto analytics platform CryptoQuant shows that XRP leverage trading on Binance is rising following the recent rebound in its price.
XRP OI spikes to 440.6 million tokensThe data further revealed that the 30-day Open Interest Z-Score for XRP futures has surged to about 1.60 on Binance. This suggests that open interest is now well above its average over the past month.
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Moreover, XRP open interest on the exchange has surged to about 440.6 million XRP, while its 30-day moving average has also surged to 418.5 million XRP, as XRP continues to trade near $1.14.
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The increase in Binance XRP derivative activity suggests that more traders are opening new futures positions amid growing confidence and optimism over XRP's next price move.
While this provides a bullish outlook for XRP, analysts note that the surge in futures activity does not guarantee a price rally. However, it shows that market participants are becoming more confident in opening new leveraged positions after a long period of extreme caution.
When will the XRP price break out?It is important to note that XRP spot activity has yet to mimic the renewed optimism seen in the futures market, causing its price to remain at local low levels.
Market analysts believe that the divergence between XRP rising open interest and a stable price move could mean that the market is building up for a larger price move.
As such, if the price of XRP increases in correspondence with its rising open interest, this could trigger a strengthening bullish conviction among traders, leading to sustained buying momentum that could drive the price toward a major breakout.
In This Article XRP News: The Cup and Handle Setup and What it MeansETF Inflows: Green on the Surface, Fading UnderneathWhat Glassnode's Hodler Metric Is SignalingThree Scenarios for What Happens Next: XRP News Catalysts Needed for Bullish Continuation In XRP news today, Ripple has slipped since July 21 but remains around $1.13, tracing a textbook cup-and-handle formation on the daily chart, with $1.15 as the breakout trigger and $1.21 as the pattern target.
The setup looks clean. The institutional money flow behind it does not. That gap between the chart structure and the capital supporting it is the central tension shaping the XRP trade right now.
According to data from CoinGlass, spot XRP ETF monthly inflows have collapsed from a $131.94M peak in May to just $12.43 million in July, the weakest month on record. Inflows are still technically positive, but it is not a technicality worth glossing over.
XRP News: The Cup and Handle Setup and What it Means Since early July, XRP has formed a cup-and-handle pattern on the daily chart. The cup represents a gradual recovery from selling pressure, while the handle reflects a consolidation phase since July 21.
The bullish outlook remains supported by declining sell volume as prices drift lower, indicating a pause rather than a fresh wave of selling. Key resistance is at $1.15, aligning with the 0.618 Fibonacci retracement level.
A daily close above this would break the handle and activate the cup neckline at $1.16, with $1.18 and $1.21 as potential targets for XRP Ripple.
However, it’s important to note that XRP has previously failed to sustain cup formations. A single candle wick above $1.15 is insufficient; a confirmed daily close is necessary for a convincing breakout.
$XRP
Say what you want, but this entire setup looks insane!
Sweep the lows or not…
A major move is coming. pic.twitter.com/MJFD9UJNzh
— Jim Knox (@Jim_Knox589) July 23, 2026
ETF Inflows: Green on the Surface, Fading Underneath In other XRP news, ETF inflows have consistently been net positive since their launch, though monthly totals have declined. According to CoinGlass, inflows were $81.59M in April, peaked at $131.94M in May, then dropped to $59.46M in June, and fell further to $12.43M in July.
This downward trend suggests that institutional demand for XRP has weakened, as ETF inflows typically indicate professional buyers’ interest, which makes it a crucial data point to watch in the coming weeks.
A decline in these flows could affect XRP’s price, especially as it nears a breakout point. Similar patterns of reduced institutional demand are also seen in Bitcoin ETF products.
(SOURCE: CoinGlass)
What Glassnode’s Hodler Metric Is Signaling The Hodler Net Position Change metric from Glassnode tracks whether long-term XRP holders are net adding to or trimming their positions. It is an on-chain measure of accumulation or distribution behavior among wallets that have held for extended periods, the cohort least likely to be driven by short-term noise.
The metric’s recent history is worth tracing carefully because it has already run this playbook once. On June 22, the Hodler Net Position Change hit one of its highest readings. From that peak, it fell steadily through to July 1.
During exactly that window, XRP price corrected from $1.13 down to $1.05 – a 7% move that caught many traders offside who were watching the chart setup rather than the on-chain signal. Then, as long-term holders began adding again, price recovered.
Since July 19, the metric has turned lower again. It has eased from approximately 231 million to roughly 226 million XRP, according to Glassnode data cited in the BeInCrypto analysis. The setup is close enough to the June precedent to warrant attention.
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Three Scenarios for What Happens Next: XRP News Catalysts Needed for Bullish Continuation
(SOURCE: TradingView)
The chart and institutional data for XRP news indicate three potential paths for its price action:
Bull Case: XRP closes above $1.15, confirming a cup-and-handle breakout. If $1.16 is breached, the $1.21 target could be met, but this would require stable ETF inflows to maintain gains.
Base Case: XRP trades sideways between $1.12 and $1.15 as Hodler Net Position Change declines and ETF inflows remain weak. The cup-and-handle pattern remains valid but unconfirmed, awaiting a macro catalyst.
Bear Case: A sharper decline in Hodler metrics leads to a drop below $1.13, exposing support levels at $1.12 and $1.09. A break below $1.05 invalidates the pattern and shifts focus to broader support. This scenario aligns with current ETF flow trends.
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XRP has arrived at a critical technical point, with its recent rebound drawing close attention from market analysts who see this juncture as pivotal in determining the token’s short-term direction. Crypto strategist CasiTrades stated that key resistance and support levels now stand to either confirm a broad trend reversal or reinforce the prevailing bearish structure.
Wave 2 correction tests critical resistanceCasiTrades identified XRP’s current movement as a “Wave 2 correction” within the Elliott Wave framework, noting that the retracement has now reached the 0.854 Fibonacci level, positioning the price precisely at $1.16. She regarded this as a significant but acceptable retracement for the correction phase, according to technical analysis standards.
The analyst emphasized that the outlook for a deeper decline would only change if XRP surpasses $1.20. She indicated that this level acts as a definitive price ceiling for the ongoing bearish scenario displayed on her chart. As long as XRP fails to record a new high above this threshold, the current expectation for continued downward movement remains intact.
On her chart, CasiTrades highlighted repeated rejections near $1.164 and projected possible moves toward the next lower supports, underlining the significance of these thresholds. She further mapped resistance levels above the current price, which must be overtaken for any sustained bullish reversal to gain confirmation.
RSI divergence strengthens the bearish stanceMomentum indicators continue to play a supporting role in the overall analysis. CasiTrades reported that the approach to $1.164 produced bearish divergences on the Relative Strength Index (RSI) across several timeframes. This technical pattern occurs when the price makes a higher high while momentum does not follow, which is frequently interpreted as a signal of weakening buying pressure and a possible precursor to downward momentum.
These momentum signals—combined with price action at resistance—have led CasiTrades to anticipate that XRP could accelerate toward lower price levels if the bearish thesis remains valid. Such a scenario would see the token testing underlying support areas in the near term.
This ‘Wave 2 correction’ has now reached an 0.854 retrace, precisely at $1.16. Though it’s a deep move, it still fits within Elliott Wave correction parameters, so the bearish scenario is intact unless $1.20 is broken.
Key levels to watch and tools for market monitoringIf the price fails to reclaim key thresholds, CasiTrades marked $0.93 and $0.87 as the next significant support zones. She signaled that a drop toward these levels could strengthen the current trend and potentially attract buyers looking for an opportunity at lower valuations.
Conversely, an advance above $1.20 would invalidate the primary bearish scenario, while a breakout past $1.30 would neutralize another alternative downward pattern, potentially clearing a path to $1.65—a level she described as major macro resistance. Only after such breakouts could traders anticipate a broader uptrend gaining traction.
In discussing the importance of monitoring these technical developments, CasiTrades reminded market participants to prioritize data-driven decisions over emotions. For traders looking to effectively track trends and respond swiftly, tools offering integrated price monitoring, prompt alerts, chart analysis, and filtered news have become essential. CryptoAppsy, which requires no account creation hassle, combines your crypto investments with real-time prices, detailed charts, and multi-currency portfolio management on a single screen. With this all-in-one financial assistant, you can instantly seize opportunities by setting up smart price alerts, filter news specific to your coins, discover newly listed altcoins without missing them, and always stay one step ahead of the market with critical macroeconomic data such as Fed interest rates.
For now, the purple bearish scenario continues to play out as long as XRP remains below $1.20. Breaking above $1.20 or $1.30 would shift the outlook, but traders should rely on actual price action when making decisions.
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 spot ETFs in the US just notched their sixth consecutive day of net positive inflows, pulling in roughly $69.1 million on July 21. It’s the kind of streak that doesn’t grab headlines like a 10% price swing, but arguably tells you more about where serious money is actually going.
Meanwhile, XRP spot ETFs are quietly putting together their own narrative. The funds haven’t recorded a single day of net outflows since July 9, a stretch that’s notable given the product category is still less than a year old.
The Bitcoin ETF machine keeps humming Cumulative net inflows into US Bitcoin spot ETFs have now crossed roughly $52.29 billion since these products launched in January 2024. That translates to approximately 648,820 BTC absorbed by these funds.
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Major issuers like BlackRock and Fidelity have been consistent contributors to the flow, suggesting this is institutional capital moving with conviction rather than retail traders chasing a bounce.
XRP ETFs find their footing Since launching in November 2025, XRP spot ETFs have accumulated over $1.4 billion in cumulative inflows.
The last notable outflow event came on July 9, when $7.29 million exited XRP ETF products. That was one of the largest single-day withdrawals the funds have seen. Since then, the picture has been remarkably stable, with daily flows from July 10 through July 20 registering either zero or small positive amounts.
What the flow data actually tells investors The $52 billion cumulative figure for Bitcoin ETFs represents a structural change in how traditional finance interacts with crypto. More than 648,000 BTC sitting in ETF custody means that supply on exchanges continues to thin out.
For XRP, the absence of outflows since July 9 signals that the product has survived its early shakeout period. The $7.29 million outflow on July 9 looks increasingly like a one-off event rather than the start of a trend.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
The XRP Ledger crossed 1.4 million AI-agent transactions this week, and Ripple joined Visa, Mastercard, and Google at the table writing the standard behind them. The milestone is real. So is the arithmetic underneath it: at a fifth of a cent per transaction, the entire agentic economy on XRPL has generated about $280 in fees, and the chain it is chasing has a hundred-times head start.
Summary
The XRP Ledger has processed more than 1.4 million transactions initiated by AI agents, a milestone announced by RippleX’s head of engineering as Ripple ships developer tooling for autonomous payments in XRP and RLUSD. The infrastructure behind it is x402, an open protocol reviving HTTP’s dormant “402 Payment Required” code: a service quotes a price, an agent’s wallet signs and pays, the content or compute delivers, no account, card, or human in the loop. Ripple joined the Linux Foundation’s new x402 Foundation as one of 40 premier members alongside AWS, Google, Visa, Mastercard, Stripe, Circle, and Coinbase, and was named a launch partner for Mastercard’s agent-payments network. The audit matters as much as the milestone: at XRPL’s fixed $0.0002 fee, 1.4 million agent transactions represent roughly $280 in total network fees, while Coinbase’s Base has processed 119 million x402 payments and Solana about 35 million, overwhelmingly settled in USDC. The strategic question is the oldest one in the ecosystem wearing its newest costume: even if machine payments become enormous and XRPL wins a share, agents will transact in stablecoins, and what that does for the XRP token is exactly as unresolved as ever. Every technology cycle produces a moment when a real trend and a modest number get announced in the same sentence, and the reader’s job is to hold both without letting either erase the other. The XRP Ledger delivered this cycle’s cleanest example this week. The trend: autonomous AI agents, software that requests a service, receives a price, and pays for it with no human in the loop, are now transacting on public blockchains at meaningful frequency, under an open standard that Amazon, Google, Visa, and Mastercard have just formed a foundation to govern. The number: the XRP Ledger’s share of that future crossed 1.4 million transactions, which, at the ledger’s fixed fee of roughly two-hundredths of a cent, works out to about $280 in total fees, on a network whose leading competitor has processed over a hundred million of the same payments with a year’s head start. Ripple’s engineering leadership frames the moment with a cloud-computing analogy, early days, obvious potential, standards still forming, and the analogy is fair, which is precisely why the honest piece about this milestone is neither the press release nor the dunk. It is the audit: what is actually being built, what the numbers actually measure, and what, if all of it works, actually accrues to whom.
LATEST: Visa and OpenAI team up for secure agent-driven payments in AI commerce. Tokenized credentials allow autonomous transactions through Visa’s global network pic.twitter.com/VBssfwA5Gi
— crypto.news (@cryptodotnews) June 11, 2026 The machinery: what x402 actually is The protocol at the center of the story is elegant enough to explain in a paragraph, and its elegance is why the giants showed up.
When the web’s founders drafted HTTP in the 1990s, they reserved status code 402, Payment Required, for a payments layer the internet never built. Every online payment since has been a workaround: accounts, cards, subscriptions, API keys, invoices, all of them designed for humans with wallets and none of them usable by software that wants to buy one API call’s worth of data right now. x402, developed at Coinbase and contributed this month to a new Linux Foundation body, finally implements the dormant code. A service receiving a request from an unpaid client responds with 402 and a machine-readable quote: the price, the accepted asset, the receiving address. The requesting agent’s wallet signs and broadcasts the payment on a supported blockchain; the service verifies settlement and delivers. No account creation, no card on file, no human approval, no minimum viable subscription. Payment becomes a header, and commerce becomes something two pieces of software conclude in seconds.
The governance followed the code. The x402 Foundation launched on July 14 under the Linux Foundation with roughly 40 premier members, a list that reads like the payments establishment buying insurance on its own disruption: AWS, Google, Visa, Mastercard, Stripe, Circle, Coinbase, and, as of this month, Ripple. Membership is the context for everything Ripple has shipped around it: the XRPL AI Starter Kit released in June, packaging wallet integration, documentation servers, and payment tutorials for agent developers; the XRPL AI Hub launched by Ripple-backed t54.ai; support for agent payments in both XRP and the RLUSD stablecoin; and a slot among the thirty-plus launch partners of Mastercard’s own agent-payments network. The XRPL’s technical pitch for the workload is coherent: deterministic finality in three to five seconds, fees fixed at fractions of a cent, native escrow and multisignature support, and a built-in exchange, properties that suit high-frequency machine payments better than they ever suited the retail speculation the ledger mostly hosts. RippleX’s head of engineering, J. Ayo Akinyele, announced the million-transaction crossing with the early-cloud framing: “The potential was obvious, but the tooling and standards were still coming together.” As positioning, it is exactly right. As measurement, it invites the next section.
The audit: what 1.4 million transactions weighs Take the milestone apart with the ledger’s own arithmetic, because the exercise clarifies what is and is not being claimed.
XRPL transaction fees are fixed near $0.0002. One million four hundred thousand agentic transactions therefore generated on the order of $280 in total network fees, a number that is not a gotcha but a measurement: it says the agentic activity on XRPL to date is, economically, a rounding error, and that transaction count on a chain where transactions cost nothing is a metric that measures enthusiasm and testing at least as much as commerce. At two-hundredths of a cent, a single developer’s integration test suite, a hackathon weekend, or an agent pinging a demo API in a loop produces six-figure transaction counts for the price of a coffee. Some unknowable share of the 1.4 million is exactly that, which the more careful voices in the ecosystem, including t54’s own framing of the milestone as showing capability, implicitly concede. The honest description is that XRPL has proven the pipes work, not that anything economically significant flows through them yet.
The comparative table sharpens the same point. Coinbase’s Base network has processed more than 119 million x402 payments; Solana roughly 35 million; both had approximately a year’s head start, and both settle the overwhelming majority of that volume in USDC. Even the leader’s economics remain tiny, industry tallies put cumulative settled x402 volume in the tens of millions of dollars, an average well under a dollar per payment, which confirms the category is micropayments in fact as well as theory. But the ordering matters: XRPL’s 1.4 million against Base’s 119 million is a roughly hundred-fold gap in the category XRPL is now marketing as a strategic fit, and gaps of that shape, in developer-network businesses, historically widen rather than close, because agent frameworks integrate the chains where the other agents already are. The XRP ecosystem has run this race before, shipping credible infrastructure into a category with an entrenched leader and discovering that technical fitness does not conjure developer gravity; the EVM sidechain’s first year, which this publication audited at $25,741 in total value locked, is the cautionary precedent nobody at the milestone party mentions.
And beneath both numbers sits the question this ecosystem can never quite escape, because it is the question: who earns what if this works? Agents transacting under x402 optimize for stable settlement, which is why USDC dominates the category everywhere it exists, and on XRPL the natural settlement asset is RLUSD, whose reserve income accrues to Ripple the company. The XRP token’s role in the flow is gas, priced at two-hundredths of a cent by design, and collateral-adjacent plumbing, which means the milestone’s implicit promise, more agent activity equals more value through XRP, runs directly into the fee math above: a billion agentic transactions a year, a seven-hundred-fold increase from today’s total, would generate roughly $200,000 in annual XRP fee burn. The value-accrual gap between network success and token performance, the gap this publication has documented across payments, custody, and DeFi, arrives in the AI era fully intact. Machine commerce may be enormous. XRPL may even win a real share. The token’s claim on that outcome remains what it has always been: a thesis in search of a mechanism.
The case that the position is still right Having weighed the milestone honestly, weigh the strategy the same way, because the audit cuts against the hype without cutting against the play.
Standards tables are cheap options on large futures. Ripple’s premier membership costs it engineering attention and puts XRP and RLUSD inside the specification process of a payment standard that AWS, Google, Visa, and Mastercard consider worth governing, which is not a marketing decision on their part; the agent-payments category is the rare crypto use case that the traditional payments industry believes in enough to pre-organize around. If machine-to-machine commerce becomes a fraction of what its backers project, the chains and assets wired into the standard from the beginning inherit distribution no retrofit can buy, and the Mastercard launch-partner slot is exactly that wiring. The early-cloud analogy earns its keep here: AWS’s revenue in 2008 was a rounding error too, and the companies that dismissed it on contemporary arithmetic were measuring the wrong thing.
The technical fit argument is also better than the ecosystem’s average claim of this genre. Agent payments genuinely want what XRPL genuinely has: deterministic sub-five-second finality, fees that never spike, native escrow for conditional payments, and an architecture that has processed payments, only payments, for a decade without an outage that mattered. The chains currently leading the category are general-purpose platforms on which payments compete with everything else for blockspace; a specialized settlement layer is a coherent bet on how the category matures, particularly for the enterprise and financial-institution agents Ripple’s distribution actually reaches, as opposed to the consumer-crypto agents Base inherits from Coinbase. And RLUSD’s presence in the standard is unambiguously valuable for Ripple’s stablecoin strategy, whatever it does for the token: every x402 flow RLUSD settles is float, and float is the business.
The bear case concedes all of this and returns to the ledger’s oldest pattern: infrastructure fitness without developer gravity, milestones denominated in counts rather than dollars, and value accruing to the company faster than to the asset. Both cases are live. The difference between them will not be argued into resolution; it will be measured, which is what the final section is for.
The stablecoin sitting in the middle One participant in this story holds a materially different position from all the others, and the analysis owes it a section: RLUSD, which enters the agent-payments race with none of XRP’s value-accrual problem and all of Ripple’s distribution behind it.
The economics of a stablecoin in machine commerce are the economics every issuer already understands, at higher frequency. Each RLUSD that settles agent payments is float, reserves earning treasury yield for the issuer, and agentic flows have a property consumer flows lack: balances that never sleep. A human cardholder’s stablecoins sit idle between purchases; an agent’s working balance turns over continuously, but the aggregate float across a fleet of funded agents is persistent, programmatic, and grows with the category mechanically. If machine payments become a fraction of what the foundation’s membership implies, the stablecoins wired into the standard become the category’s silent tax collectors, and the fight for that position is already visible in the data: USDC’s dominance of Base and Solana x402 volume is Circle collecting the early category almost uncontested. RLUSD’s presence in the XRPL implementation, and in whatever flows the Mastercard partnership eventually routes, is Ripple’s bid for a share, and it is a better bid than the transaction counts suggest, because the enterprise agents Ripple’s institutional relationships reach will care about exactly the things RLUSD was chartered to offer: a regulated issuer, bank-grade reserves, and a compliance posture that a corporate treasury can sign off on.
LATEST: Ripple joins Mastercard’s Agent Pay for Machines launch. XRP Ledger and $RLUSD are positioned to deliver trust, controls, and clear rules for AI agents handling business payments at scale pic.twitter.com/3YargyVJHb
— crypto.news (@cryptodotnews) June 11, 2026 Which sharpens, not softens, the token question this piece keeps returning to. The clearer RLUSD’s path in agent payments becomes, the more precisely the ecosystem’s value routing resolves: the category’s fees go to nearly nothing by design, the float goes to Ripple, and the XRP token’s participation is the $0.0002 toll. There is one construction under which the token does capture something, XRP as the bridge and liquidity asset when agents transact across currencies, using the ledger’s native exchange, which is the on-ledger version of the company’s oldest thesis, and it carries the oldest caveat: it requires agents to hold and route through a volatile asset when a stable one is available, a behavior no current x402 flow exhibits anywhere. Watching whether it ever emerges, in the cross-currency settlement data the ledger makes public, is the cleanest token-relevant observable this whole story offers. Absent it, the honest summary of the agent era for the two assets is uncomfortable and simple: the milestone is XRPL’s, the business is RLUSD’s, and the token is, once again, the venue, not the beneficiary.
What to watch Settled volume, not transaction count. The category’s honest metric is dollars settled through x402 flows on XRPL, a number nobody currently headlines precisely because it is small. When it appears, in t54’s reporting, foundation dashboards, or Ripple’s disclosures, it converts this story from enthusiasm-measurement to commerce-measurement. Until it appears, transaction counts should be read as what they are.
The settlement-asset split. Watch what share of XRPL agentic payments settle in RLUSD versus XRP, and what share of cross-chain x402 volume RLUSD captures against USDC’s incumbency. The first ratio prices the token’s role in its own ecosystem’s newest story; the second prices Ripple’s stablecoin against the category leader on neutral ground.
A commercial workload with a name. The milestone that would actually move this story is one identifiable production deployment, an enterprise paying real money for real services through XRPL agent rails, versus the anonymous aggregate counts. Mastercard’s network going live with Ripple in the loop is the likeliest venue. One named workload outweighs the next ten million test transactions.
The gap’s direction. Base at 119 million and growing; XRPL at 1.4 million and growing. The ratio between their growth rates over the next two quarters answers the developer-gravity question empirically, and it is the same question the EVM sidechain’s first year answered badly. Watch whether this category rhymes.
The 402 status code waited thirty years for the internet to need it, which is a useful reminder that infrastructure stories run on timelines that make any single milestone nearly meaningless. The XRP Ledger’s 1.4 million agent transactions prove the machinery works and prove nothing about who wins, the $280 in fees prices today’s reality without pricing the future, and the foundation seat is a rational option on an outcome no one can yet measure. The audit’s conclusion is not that the story is false. It is that the story is, so far, exactly $280 large, and that everyone quoting the transaction count owes the fee line alongside it.
Disclaimer: This article is for information and educational purposes only and does not constitute financial or investment advice. It describes early-stage technology adoption whose metrics are incomplete and fast-changing, and comparisons rely on figures reported by third parties. Nothing here is a recommendation to buy, sell, or hold any asset. Always do your own research. Information is accurate as of July 23, 2026.
Frequently Asked Questions What is x402? An open payment protocol that implements HTTP’s long-dormant 402 “Payment Required” status code. When software requests a paid service, the server responds with a machine-readable quote, price, accepted asset, receiving address; the requester’s wallet signs and sends payment on a supported blockchain, and the service delivers upon settlement. It was developed at Coinbase and contributed to the Linux Foundation’s x402 Foundation, launched July 14 with about 40 premier members including AWS, Google, Visa, Mastercard, Stripe, Circle, and Ripple.
What did the XRP Ledger milestone actually announce? That more than 1 million transactions initiated by AI agents have been processed on the XRPL, a figure now around 1.4 million, announced by RippleX engineering head J. Ayo Akinyele alongside the XRPL AI Starter Kit, tooling that connects agents to wallets, payments, escrow, and documentation, with support for paying in XRP and RLUSD. Ripple also joined the x402 Foundation and was named a launch partner for Mastercard’s agent-payments network.
Why does the article emphasize $280 in fees? Because XRPL fees are fixed near $0.0002 per transaction, so 1.4 million agent transactions generated roughly $280 in total network fees. The figure measures the economic weight of the activity: at fees that low, transaction counts capture developer testing and experimentation as much as commerce, so the count alone cannot distinguish a working economy from a working demo. Settled dollar volume, not yet headlined anywhere, is the metric that would.
How does XRPL’s position compare to other chains? It trails badly on volume and leads on specialization claims. Coinbase’s Base network has processed over 119 million x402 payments and Solana roughly 35 million, both with about a year’s head start and settlement dominated by USDC. XRPL’s counterargument is technical fit, deterministic 3-5 second finality, fixed fees, native escrow, a payments-only track record, and institutional distribution through Ripple and the Mastercard partnership.
Do AI agents pay in XRP or RLUSD? Both are supported, and the split is the story’s key open ratio. Category-wide, agents overwhelmingly settle in stablecoins because they optimize for stable pricing, which favors RLUSD on XRPL, whose reserve income accrues to Ripple the company. XRP functions primarily as network gas at fractions of a cent. This is why network success and XRP token value remain distinct questions, the ecosystem’s long-standing value-accrual gap in its newest setting.
Is the agent-payments category itself real? Early but credible. Cumulative settled x402 volume across all chains remains in the tens of millions of dollars, tiny by payments standards, but the institutional pre-organization is unusual: the world’s largest cloud, card, and payments companies formed a governance foundation before the market matured, and Mastercard is building a dedicated agent-payments network. The category’s backers are exactly the incumbents who usually arrive late.
What would validate XRPL’s bet here? Named commercial workloads and dollar volume. One identifiable production deployment paying real money through XRPL agent rails, plausibly via Mastercard’s network, would outweigh millions of anonymous test transactions. Sustained growth in RLUSD-settled x402 volume, and any narrowing of the transaction-count gap against Base, would show developer gravity forming, the ingredient the ecosystem’s prior infrastructure bets most conspicuously lacked.
What should XRP holders take from the milestone? That the infrastructure story is real, early, and, so far, economically small, and that its success would not automatically flow to the token. The rational reading treats the foundation seat and Mastercard partnership as cheap options on a large future, the transaction milestone as proof of capability rather than adoption, and the RLUSD-versus-XRP settlement split as the number that decides who benefits if the future arrives. This is educational analysis, not investment advice.
