X Finance Bull, a well-known member of the XRP community, recently posed a provocative question to followers: “You wake up, and $XRP is at $100. Are you still going to work?” The query quickly drew widespread attention and prompted a variety of responses that reflected diverse priorities and outlooks within the community.
Mixed reactions to hypothetical $100 XRPMany participants shared that they would remain at their jobs even if the price of XRP reached $100. For some, the prospect of newfound wealth does not justify abrupt life changes. One commenter stated that, despite the financial gain, they would give ample notice out of respect for colleagues, emphasizing the value of maintaining professional relationships. X Finance Bull described this approach as achieving financial freedom “without burning bridges on the way out.”
Another responder explained they would stay in their position until reaching a level of financial independence, only then considering leaving the workforce with a six-month notice period. X Finance Bull agreed, highlighting the importance of securing personal finances before making major career decisions.
The conversation also touched on the underlying requirements for $100 XRP. Some analysts assert that such a valuation would necessitate a dramatic shift in utility, positioning XRP as a critical infrastructure for settlement in a tokenized financial system. One specialist noted that, at current prices, XRP is unable to support a $100 billion on-chain transaction volume, and a higher price could become necessary as network demand scales.
Mini dictionary: X Finance Bull is an influential figure within the XRP investor community, known for initiating debates and discussions about cryptocurrency trends, sentiment, and market events on social platforms such as X (formerly Twitter).
Many users emphasized the importance of maintaining professionalism and planning carefully, even in the face of significant financial gains.
Not all responses were practical or restrained. Some commenters showcased more ambitious visions. One individual joked about arriving at work by helicopter to collect personal items, drawing humor from the situation. X Finance Bull called this suggestion “crazy,” highlighting the lighthearted side of the discussion.
Another participant set their sights even higher, arguing that $100 should be considered a starting point and expressing a target of $300 for XRP. X Finance Bull chose not to debate or discourage this goal.
Other respondents mentioned more transformative changes, such as relocating to another country or setting a personal threshold of $1,000 per XRP before considering quitting their jobs. While opinions differ on how achievable $100 XRP may be, some analysts argue that token velocity and the role of XRP as a settlement layer could justify such a price in the future. They also point out that the traditional metric of market capitalization may not apply to XRP in the same way it does for store-of-value assets, due to the asset’s design for high transaction throughput instead of static value storage.
Mini dictionary: Token velocity refers to the frequency with which a cryptocurrency is transacted or moved between accounts over a specific period, affecting its utility in a settlement-heavy network like XRP.
The conversation revealed that most XRP holders appear to be thinking seriously and planning well in advance for any major price jump, with the overall atmosphere defined by preparation and caution rather than impulsivity.
The array of responses from the XRP community illustrates that a significant number of investors have carefully considered how they would react if XRP reached $100. The focus appeared to be on responsible decision-making, considered timelines, and general prudence.
While there were ambitious outliers, the prevailing sentiment emphasized patience, advance planning, and financial security before making life-altering choices. Despite ongoing debates about the potential for XRP to reach such high valuations, the responses suggest that immediate and reckless action would not be the norm.
Bitcoin is trading at $78,796.58, Ethereum at $2,478.28 and XRP at $1.40 as traders brace for a week loaded with U.S. labor market data that could shape the Federal Reserve’s next policy move and, by extension, crypto’s near-term direction.
Current Market Snapshot
Bitcoin: $78,796.58, up 1.7% over 7 days, market cap $1.58 trillionEthereum: $2,478.28, up 0.7% over 7 days, market cap $299 billionXRP: $1.40, up 7.7% over 7 days, market cap $87.78 billionSolana: $106.44, up 12.0% over 7 daysBNB: $698.37, roughly flat over 7 daysThe Data Calendar Traders Are Watching
According to The Kobeissi Letter, six major economic releases are scheduled this week, with the labor market as the central focus for markets:
Monday: August Chicago PMI dataTuesday: August ISM Manufacturing PMI and Prices data, plus July JOLTS Job Openings dataWednesday: August ADP Nonfarm Employment dataThursday: August ISM Non-Manufacturing PMI and Prices dataFriday: July Jobs ReportWhy the Labor Market Is the Focus
Employment data carries outsized weight for crypto right now because it feeds directly into the Fed’s rate decision at the next FOMC meeting. A labor market that shows unexpected strength could reinforce the hawkish tone Fed Chair Kevin Warsh struck at Jackson Hole, keeping rate-cut expectations low and pressuring risk assets including Bitcoin, Ethereum and XRP.
Bitcoin’s Technical Setup
Bitcoin remains range-bound between support near $73,000-$75,000 and resistance in the $80,000-$82,000 zone, with a breakout above roughly $82,500 seen by technical analysts as the level needed to confirm a larger bullish trend shift on higher timeframes. A significant pocket of liquidation liquidity sits between $76,400 and $76,700, a level analysts have flagged as a likely near-term target if short-term weakness continues.
Ethereum and XRP Setups
Ethereum is holding above the $2,400 level, keeping its bullish breakout structure intact, with the next resistance zone at $2,750 to $2,800. XRP is testing support between $1.30 and $1.40 after rejecting resistance near $1.60 to $1.70, following an extended overbought signal that triggered the recent pullback. The current cooldown does not necessarily signal a reversal, but rather a reset before a potential resumption of the broader trend.
What It Means for the Week Ahead
With five separate labor and manufacturing data points landing between Monday and Friday, volatility across Bitcoin, Ethereum and XRP is likely to build heading into Friday’s Jobs Report, widely seen as the week’s most important release. How that data lands relative to expectations will likely determine whether crypto’s recent consolidation resolves to the upside or extends the current cooling-off period.
Story Ends Here
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The gap between the usage of XRP, the native token of the XRP Ledger (XRPL), and Ripple‘s USD stablecoin (RLUSD) in artificial intelligence-powered wallets has widened sharply, reaching a 105% discrepancy in transactional volume.
AI wallet behaviors shift to RLUSDAutonomous algorithms running on XRPL have increasingly moved toward fiat-denominated settlements. Data from the XRPL AI Hub dashboard shows this trend is sustained, with AI-driven bots steadily raising their turnover in RLUSD and largely bypassing XRP due to its recent price levels.
Over the past seven days, AI-driven scripts processed 554,007 transactions but spent only 209 XRP. In contrast, the transaction volume in RLUSD—the dollar-pegged stablecoin developed by Ripple—reached 602.27 units in the same period. At XRP’s current price of $1.4027, this activity represents $293.16 transacted in XRP, compared to $602.27 transferred in RLUSD.
This demonstrates a clear shift, as the RLUSD share of AI wallet transaction volume is now exactly 105% higher than that of XRP. The difference underscores persistent preferences by machine agents for stable, fiat-linked assets over volatile native tokens.
Mini dictionary: XRPL AI Hub, a dashboard monitoring and analyzing the activity of AI-driven accounts and bots on the XRP Ledger, providing insights into transaction volumes and wallet preferences.
XRP’s price volatility drives automation awayAI wallet operators have linked this ongoing shift to XRP’s price movements. The token experienced a major rally in late August, rising above $1.70, before settling within the $1.38 to $1.50 range. For software programs executing frequent, ultra-small payments—a common use for such wallets—the higher price has proven restrictive, especially when program limits are set in dollar terms.
For autonomous software handling millions of micropayments, the current exchange rate means program dollar limits are depleted instantly, which has driven bots to focus fully on RLUSD for operational efficiency.
With the price of XRP effectively raising the cost per transaction, bots are finding it more economical to transact in the RLUSD stablecoin. This strategy helps them protect operating budgets from market fluctuations and ensures predictable budgeting for ongoing operations.
MetricXRPRLUSDTransactions (past 7 days)Processed with 209 XRPProcessed with 602.27 RLUSDValue transacted (USD equivalent)$293.16$602.27Relative gapRLUSD activity is 105% higher than XRPOperational impact on XRPLThe total number of machine-generated transactions on the network has surpassed 2.3 million this week. Despite hundreds of dollars in turnover, the growing imbalance between the two assets highlights a new dynamic in settlement practices on XRPL.
The preference for RLUSD among AI agents suggests a move toward immunity from cryptocurrency volatility. As a result, the XRP Ledger is increasingly serving as a base for digital dollar settlements, particularly in periods marked by rising market swings.
AI-driven settlement systems operating on XRPL appear to have established a persistent resistance to volatility, channeling transaction flows into Ripple’s stablecoin whenever XRP’s price grows unsettled.
Ripple, founded in 2012, is a fintech company focused on global payments and digital asset solutions. Its stablecoin RLUSD is designed to provide a reliable, dollar-pegged value on the XRP Ledger, which is an open-source blockchain known for fast settlements and low fees.
XRP has posted a 1.51% gain in the past 24 hours, reaching $1.40 as it hovers above a key support level where 3.2 billion tokens exchanged hands. This support is attracting attention from analysts and traders following a significant price correction earlier this week.
XRP price movement and key supportCrypto analyst Ali observed that XRP is currently positioned near a substantial support zone after previously rallying 71.8% from $0.988 to a peak of $1.698. The surge was followed by a sharp 20% retracement, bringing the price to this important demand area.
Data from the URPD indicator shows approximately 3.2 billion XRP were traded in the $1.35 to $1.38 range, making this region vital for ongoing price stability. If this support remains intact, analysts point to resistance ahead, particularly between $1.60 and $1.86, as the next significant barrier for buyers.
XRP holders traded 3.2 billion tokens between $1.35 and $1.38, making this one of the most important support zones. If prices stay above this level, resistance is likely to emerge between $1.60 and $1.86.
Key resistance points include $1.60, where 1.99 billion XRP changed hands; $1.68, with 1.98 billion XRP previously traded; and $1.86, recording 3.47 billion XRP in volume. Clearing $1.86 could open the path to $2.19, marked by another 3.12 billion XRP in historic trading activity.
Price LevelXRP Volume Traded$1.35–$1.38 (Support)3.2 billion$1.60 (Resistance)1.99 billion$1.68 (Resistance)1.98 billion$1.86 (Resistance)3.47 billion$2.19 (Potential Target)3.12 billionMarket trends and derivatives activityAfter climbing to $1.69 on August 22, XRP reversed course. This drop coincided with a jump in the estimated leverage ratio on the Binance exchange for XRP, reaching a seven-month high. The increased reliance on leverage reflected robust derivatives market activity, with traders opening larger positions amid heightened speculation.
This surge in leveraged trades led to more pronounced price swings for XRP, linking a substantial share of market activity to derivatives products.
Mini dictionary: Estimated leverage ratio — This measure indicates the proportion of open interest in derivatives trading relative to the coin’s circulating supply. A higher ratio suggests traders are increasingly using leverage, which can amplify both gains and losses and often results in greater price volatility.
XRP’s price remains down 6.51% over the past week, registering losses on four of the last six trading days. The 200-day moving average, currently standing at $1.27, is now being eyed as a potential support that could reinforce a shift towards renewed bullish momentum.
Network and regulatory developmentsRecent on-chain data show the circulating supply on the XRP Ledger has edged above $1 billion, now at $1.04 billion according to Ripple’s stablecoin tracker. The XRP Ledger is a decentralized blockchain developed to enable fast and low-cost transactions for digital assets, particularly for cross-border payments.
Regulatory progress has also emerged for Evernorth, the XRP treasury management company. The Securities and Exchange Commission approved the company’s registration within the past week, leaving one final shareholder vote before listing on Nasdaq.
Meanwhile, Ripple launched its Delta One business as part of Ripple Prime, the global multi-asset prime brokerage platform. Ripple is a US-based technology company known for its enterprise blockchain solutions and its role in developing and supporting the XRP Ledger.
Ripple announced the launch of Delta One within Ripple Prime, expanding its suite of institutional trading services for global digital asset markets.
XRP is maintaining its position near $1.39 after surging from the $1 mark in a recent rally. The cryptocurrency now trades within a descending channel on the 4-hour chart, a pattern some analysts identify as a bullish setup.
Analyst observes bull flag formationBird, a crypto analyst specializing in the XRP Ledger (XRPL), pointed out that XRP’s price action since its climb from the $1 area resembles a bull flag pattern. This pattern is defined by parallel descending trendlines that have contained price movements since the sharp advance.
After reaching nearly $1.70, XRP entered a consolidation phase, trading between an upper trendline near $1.44 and a lower boundary close to $1.31. Price action during this period has been marked by a sequence of lower highs and lower lows, but Bird holds a positive outlook for further gains.
He maintained that many market participants expect further decline, but argued the current situation may represent a missed opportunity if the next upward leg materializes soon.
This is an obvious bull flag on the XRP chart. Market makers will do everything possible to suggest it’s moving lower, tempting traders to wait for a better entry. Then, suddenly, the window closes and the opportunity is lost. The next leg up may be imminent, potentially this week.
Bird, who regularly shares technical insights with the XRP community, believes price could break higher in the short term if current dynamics persist.
Mini dictionary: XRP Ledger (XRPL), an open-source, decentralized blockchain technology developed by Ripple Labs, is designed for fast and cost-efficient transactions and supports various real-time asset transfers.
Key resistance and confirmation areasPrice resistance remains visible at the upper trendline between $1.44 and $1.45, which currently serves as a significant technical barrier. A move above this area would be the first sign of a potential breakout from the bull flag structure.
If XRP can successfully clear this range, attention would likely shift to the $1.50 region—an area that previously served as resistance before the recent pullback. Several attempts to break above the upper trendline have been recorded during the ongoing consolidation.
Further up, another analyst known as ChartNerd, who provides regular technical analysis for digital asset traders, identified $1.54 as a crucial point for confirmation. Sustained price action above that level, according to ChartNerd, would indicate that buyers have regained significant control.
The level around $1.54 is pivotal; a decisive move above it, accompanied by positive momentum, would provide robust confirmation of the bullish trend and reverse the recent pattern of lower highs.
Key LevelRole$1.31Support (Lower Trendline)$1.44–$1.45Initial Breakout Resistance (Upper Trendline)$1.50Intermediate Resistance$1.54Bullish Structure ConfirmationFuture outlook hinges on technical breakoutThe immediate focus for traders will be XRP’s movement around the upper channel resistance of $1.44 to $1.45. A sustained breakout from this level could spark renewed momentum and put the $1.50 and $1.54 targets into play.
Meanwhile, support remains in place at the $1.31 level. If XRP holds above the lower trendline, the bull flag narrative identified by analysts would likely remain valid.
While technical patterns are not a guarantee, several specialists maintain that current structure favors a bullish continuation if critical resistance levels are broken in the coming days.
XRP is trading near $1.42 after pulling back from its recent $1.69 high, but its short-term chart is starting to improve. Despite the drop, the chart structure has improved, and top crypto analyst Ali Martinez says the XRP breakout is confirmed.
At the same time, spot XRP ETFs recorded a record $110.49 million in weekly inflows, helping support the XRP price.
Ali Martinez Confirms XRP BreakoutThe latest signal comes from crypto chart analyst Ali Martinez, who shared a 1-hour XRP chart showing the token breaking above a falling trendline.
Martinez said that,
“Breakout Confirmed! XRP has cleared resistance. Next target: $1.70.”
The chart shows XRP moving out of a descending trendline that had capped its price through the week. XRP is now around $1.40, with the breakout area becoming an important level to hold.
The first hurdle is around $1.50. A move through this range would strengthen the breakout and bring Martinez’s $1.70 target into focus.
If XRP reaches $1.70 and breaks that level with strong buying, the next upside areas on the chart are around $2.09 and $2.35.
The setup would weaken if XRP loses $1.37. A decisive break below that level could send the token toward $1.20, putting the recent breakout under pressure.
XRP ETF Inflows Hit 2026 Record HighThe technical setup is also coming as XRP investment products see stronger demand.
U.S. spot XRP ETFs attracted $110.49 million in net inflows for the week ending August 28, their strongest weekly result of 2026. Cumulative ETF inflows have now reached around $1.66 billion, while total net assets stand near $1.44 billion.
Among the spot XRP ETFs, Bitwise’s XRP ETF remains the largest, with cumulative net inflows topping $600 million, while Franklin’s XRPZ saw an inflow of $462.86 million.
September 15 Could Be a Key Date for XRPXRP traders are also watching September 15, 2026, when the U.S. Senate is scheduled to vote on the CLARITY Act. The bill could set clearer rules for digital assets in the U.S. and have a direct impact on XRP’s market outlook.
If passed, the legislation could provide clearer treatment for assets such as XRP and make it easier for financial firms and institutions to enter the crypto market.
Story Ends Here
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Crypto analyst Ali Martinez said that after testing a critical support zone, the XRP price managed to break through the resistance level, and the $1.70 level has come into play in the short term.
According to Martinez’s analysis, XRP experienced a strong rally of approximately 71.8%, rising from $0.988 to $1.698. Following this move, XRP underwent a correction of about 20%, retreating to a key demand zone where investors were heavily trading.
The analyst pointed to on-chain cost distribution data similar to URPD (UTXO Realized Price Distribution), noting that approximately 3.2 billion XRP changed hands in the $1.35-$1.38 range. According to Martinez, this region is one of the most important support levels for XRP.
If this support level is maintained, the key resistance levels in upward movements are as follows:
$1.60: Approximately 1.99 billion XRP traded. $1.68: Approximately 1.98 billion XRP traded. $1.86: Approximately 3.47 billion XRP traded. Martinez believes that a break above the $1.86 level could be particularly significant for the price. According to the analyst, a strong break above this region could pave the way for a new upward move for XRP towards $2.19. It is noted that approximately 3.12 billion XRP changed hands around the $2.19 level previously.
In a subsequent post, the analyst stated that XRP had broken through short-term resistance, adding that “the breakout has been confirmed.” Martinez indicated $1.70 as the next target in the current technical outlook.
XRP is trading at around $1.41 at the time of writing and has gained approximately 1.37% in value over the last 24 hours.
*This is not investment advice.
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XRP has entered a correction after a strong rally, with technical analysts focusing on a crucial demand zone that may define the asset’s next direction. Ali Martinez, a well-known crypto analyst, spotlighted this price area using insights from Glassnode’s UTXO Realized Price Distribution (URPD) metric, which maps where significant XRP trading volumes occurred.
URPD spotlight: Where holders are clusteredURPD, or UTXO Realized Price Distribution, provides a detailed view of coin volumes moved at various price levels. In XRP’s case, it highlights clusters where substantial numbers of tokens last changed hands. These pockets of high activity often create natural support if the price falls or resistance if the price moves upward.
According to Martinez, approximately 3.2 billion XRP were traded between $1.35 and $1.38. He emphasized that this zone stands out as a vital area of demand, which buyers could defend in response to new downward pressure.
Mini dictionary: UTXO Realized Price Distribution (URPD) maps the number of coins last moved at each price level, helping analysts identify support and resistance clusters based on historical buy and sell activity.
The largest support level is where roughly 3.2 billion XRP changed hands between $1.35 and $1.38, marking a key area to watch as the price corrects.
Correction and price contextXRP’s price surged from $0.988 to $1.698, marking a rally of 71.8%. Following this climb, XRP entered a corrective phase, with the price retreating by about 20% from its recent highs. This retracement placed XRP into a historically significant demand region, as identified by the URPD metric.
The large trading volume within the $1.35 to $1.38 range suggests heightened investor interest, and this concentration may act as a buffer against further declines if buying demand holds firm.
Price LevelXRP Volume TradedType$1.35 – $1.383.2 billionSupport$1.601.99 billionResistance$1.681.98 billionResistance$1.863.47 billionResistance$2.193.12 billionResistanceUpcoming resistance levelsThe URPD data also reveals where sellers may step in if XRP’s price rebounds. The most significant resistance zone is at $1.86, where 3.47 billion XRP were traded. Additional clusters exist at $1.60 (1.99 billion XRP) and $1.68 (1.98 billion XRP), each representing potential hurdles if the price climbs.
Martinez indicated that if XRP reclaims $1.60 and $1.68, the way could be paved for a test of $1.86. Successfully clearing the $1.86 threshold might allow the price to target $2.19, where another major cluster of 3.12 billion XRP resides. Beyond this, $2.29 emerges as an additional area of interest for potential upward movement.
Martinez’s technical analysis suggests that “XRP must first reclaim $1.60, then $1.68, and then challenge $1.86, which could open a move to $2.19.”
XRP’s outlook and what comes nextThe URPD analysis underscores how trading activity at certain price points can guide expectations for future support and resistance. With billions of XRP traded near current market levels, how buyers and sellers react here may set the stage for XRP’s next significant price trend.
As market participants watch the $1.35 to $1.38 range closely, analysts and traders remain attentive to the next resistance levels above, especially $1.60, $1.68, and $1.86. The ability of XRP to hold above the main support zone or break through resistance clusters will likely define its short-term trajectory.
Steph Is Crypto, a widely followed cryptocurrency analyst on X, has highlighted a recurring pattern on the XRP monthly chart which he claims has reliably signaled the start of major bull runs since 2020. According to the analyst, XRP has now broken a long-term downward trend line—a technical move previously linked to substantial price surges.
Recurring breakout pattern signals historical uptrendsThe pattern, tracked across three cycles, has provided consistent signals. In 2020, after XRP crossed above this downtrend line, the resulting rally continued for about 365 days. Following another breakout in 2022, the coin entered a 122-day uptrend that set a new high.
Most recently, in 2024, XRP needed 242 days after the trend line break to reach a new local high. In each of these cases, the resulting bull runs lasted at least 122 days, indicating a recurring relationship between trend line breaks and extended upward price movement.
The analyst notes that every time XRP has breached the long-term downtrend, “it has led to a substantial multi-month rally.”
YearRally Duration (days)Trend Line Break Event2020365Monthly downtrend broken2022122Monthly downtrend broken2024242Monthly downtrend brokenThe XRP/gold ratio as a confirmation indicatorBeyond USD charts, the analyst has also examined XRP’s long-term ratio against gold, identifying another support trend line that has remained intact since 2020. According to his analysis, each time XRP has bounced off this line, a significant price surge followed, both in gold and in dollar terms.
Currently, the XRP/gold ratio faces resistance in the 0.0003 to 0.0004 range. The analyst claims that “whenever XRP breaks through this resistance, we see major rallies to the upside.” A move above this level could potentially lead to an all-time high.
Mini dictionary: XRP/gold ratio – This metric compares the price of XRP with the price of gold to determine the relative performance between the digital asset and the traditional safe-haven commodity. Analysts sometimes use cross-asset ratios to identify broader market trends or confirm momentum across different sectors.
Short-term consolidation and key support levelsOn the daily chart, XRP is consolidating after a recent rapid increase. Steph Is Crypto describes the current price action as a potential bullish flag, noting that XRP is holding above the $1.38 level. This price corresponds to a major volume cluster point, active from February 2026 through May 2026, and also aligns with the 0.382 Fibonacci retracement level—an indicator traders often use to identify potential support during corrections.
Should the $1.38 level fail, the analyst marks $1.30 as the next significant support. The ongoing market structure is described as healthy, with profit-taking normal after swift gains and the broader picture remaining positive for the asset.
The analyst maintains, “The consolidation phase is healthy, and as long as XRP holds above its key levels, the bullish structure remains intact.”
Long-term trend and overall outlookWidening the perspective to the monthly view, XRP continues to hold a support trend line dating back to 2020. Steph Is Crypto points to several touchpoints over multiple years, including a short-lived dip below this support in 2024, which was quickly reclaimed. Each time XRP has tested and held this zone, a significant price rally has followed.
While the analyst believes XRP could be at the start of another major bull market, he suggests that patience may be required during the current period of consolidation. The broader analysis of long-term support levels and recurring breakout patterns supports an optimistic, though cautious, outlook.
Steph Is Crypto is known for detailed technical analysis on digital assets, sharing frequent market updates and chart insights with his large following on X.
TLDR: XRP gained 39% since August 18 while Binance exchange reserves stayed nearly flat overall. Long liquidations hit $25.7 million on August 22, the largest single day over the past six months. Funding rates cooled from 0.010 to 0.002 across three sessions as open interest fell 13% from its peak. Total XRP transactions rose 97% to 2.93 million daily, but transfers to exchanges collapsed. XRP traded at $1.396 on August 29, marking a notable shift in market structure. The token sits roughly 39% above the $1.00 level it held through August 18, though still about 8% below its recent high of $1.520 on August 23.
Binance open interest for XRP peaked near $558 million during that session before easing to $483 million. The rally appears driven by derivatives activity rather than exchange supply movement, based on recent on-chain data.
Leverage Fuels the Move While Exchange Supply Stays Quiet Funding rates for XRP averaged 0.006 over the recent stretch, well above the quarterly baseline. The estimated leverage ratio climbed to 0.193, close to the six-month maximum of 0.213. That combination points to derivatives traders, not spot sellers, powering the recent repricing.
Long liquidations rose sharply alongside the rally. They averaged $4.34 million, up 222% week over week. A single session on August 22 saw $25.7 million in long liquidations, the largest of the six-month window.
Source: Cryptoquant
That liquidation spike came on a day when the price closed higher. Rising prices alongside rising long liquidations usually signal crowded positions being cleared within an uptrend. It does not typically signal a reversal against the trend.
Exchange data tells a separate story. Binance inflows averaged 136,319 XRP over the past week, while outflows averaged 298,660 XRP. Both figures are near 2% and 4% of their six-month averages, a sharp drop from typical activity levels.
Deposit addresses on Binance fell to 45, a 91% decline versus the quarterly baseline. The exchange reserve itself barely moved, up just 0.04% week over week to $2.618 billion. Holders appear to be sitting still rather than preparing to sell.
On-Chain Activity Expands as Traders Watch Support Levels Total XRP transactions rose to 2.93 million daily, up 97% versus the quarterly average and near a six-month high. Network usage expanded even as coins avoided exchange-bound transfers. NVT climbed 44% week over week alongside that activity increase.
Funding has already started cooling, dropping from 0.010 to 0.002 across three sessions. Open interest is down 13% from its recent peak. Leverage is unwinding while spot supply continues to stay off exchanges.
This setup has historically preceded one of two outcomes for XRP. Either a base-building phase emerges once positioning normalizes, or a faster retracement follows if exchange reserves begin climbing again. The direction likely depends on which side dominates first.
Retail sentiment on social platforms reflects a similar wait-and-see posture. Analyst Diana (@InvestWithD) pointed to the $1.38 area as a key Fibonacci support zone tied to a broader Elliott Wave count.
🚨 $XRP IS SITTING DIRECTLY ON THE ~$1.38 SUPPORT — AND THE NEXT ELLIOTT WAVE TARGETS POINT TO $1.88 → $4.11 → $7.07 🤯🔥$XRP has pulled back from its recent ~$1.70 spike and is now trading around $1.40, almost exactly where the chart identifies the $1.3798 Fibonacci support.… https://t.co/K8h3rOXLuB pic.twitter.com/b53dav8qgv
— Diana (@InvestWithD) August 30, 2026
The post noted that a 4-hour RSI reading near 47.5 had moved back above its signal line, suggesting early momentum shifts near support rather than during an overbought run.
Price action around that support level may determine whether XRP builds a new base or slips toward lower levels in the sessions ahead. Traders appear to be watching exchange reserve trends closely for the next signal.
XRP posted significant gains over the past two weeks, rising 39% from the $1.00 level maintained through August 18 to reach $1.396 by August 29. The token remains around 8% below its recent high of $1.520 set on August 23 but continues to trade well above the levels seen earlier in the month.
Derivatives activity drives rally, spot supply unmovedOpen interest in XRP futures on Binance peaked at approximately $558 million on August 23 before declining to $483 million. This surge was attributed more to derivatives trading than to movement in spot market supply, according to updated on-chain data.
Funding rates for XRP ran at an average of 0.006 during this period, surpassing the typical quarterly levels. The estimated leverage ratio approached 0.193, not far from its six-month high of 0.213. These figures pointed to derivatives traders leading the latest price action, with spot sellers showing little involvement.
Long liquidations rose sharply in tandem with the price advance. Over the last week, long liquidations averaged $4.34 million, up 222% from the prior week. The most notable event occurred on August 22, when long liquidations hit $25.7 million, the largest daily total in the past six months.
That surge in long liquidations coincided with a higher close, often signaling crowded long positions being flushed out within an uptrend and not typically signaling an immediate reversal.
Spot market activity on Binance remained unusually quiet. Exchange inflows averaged 136,319 XRP over the last week, while outflows averaged 298,660 XRP. Both figures are only a fraction of their usual six-month averages.
The number of deposit addresses on Binance fell to just 45, a sharp 91% drop compared to the quarterly baseline. Binance’s XRP reserve was virtually unchanged, increasing only 0.04% week on week to $2.618 billion, indicating that most holders are not actively transferring tokens to or from the exchange.
On-chain transactions surge, traders eye support levelsXRP network activity expanded substantially, with transactions rising to 2.93 million daily. This marks a 97% increase versus the recent quarterly average and nears a six-month high. Despite this, transfers directed to exchanges dropped sharply, suggesting increased usage is not translating to heightened selling pressure.
Key metrics also showed a cooling in leveraged trading. Funding rates dropped from 0.010 to 0.002 across three sessions, and open interest fell 13% from its recent peak. This unwinding of leverage has historically been followed by either a consolidation period or by quick retracement if exchange reserves begin to climb again.
Retail sentiment appears cautious, with many traders watching how XRP price behaves around support levels. Analyst Diana identified the $1.38 region as a major Fibonacci support, noting its importance within a larger Elliott Wave formation. She also referenced technical signals showing the 4-hour RSI near 47.5 moving back above its signal line, indicating early momentum near this key support.
The analyst emphasized that price action around this area could determine whether XRP enters a base-building phase or moves lower in the next sessions, depending on further changes in exchange reserves and market sentiment.
In addition to these technical indicators, broader trends in traditional finance have become more relevant to crypto traders. While traditional markets rely on complex brokers, a major shift is underway as Wall Street transitions into the Web3 space. Investors are now using platforms such as 1stepSwap to directly hold tokenized shares of leading U.S. companies, gold, and silver within their crypto wallets. By automating price discovery and removing middlemen, these platforms increase accessibility for a growing class of digital asset investors.
Moving forward, many traders are closely monitoring support levels and the behavior of exchange reserves to gauge XRP’s next trend. The interplay of derivatives positioning, muted spot flows, and strong on-chain activity continues to shape short-term expectations for the token.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
After an aggressive August breakout, Bitcoin is consolidating, but because it is still well above the 200-day moving average, the daily structure remains heavily biased in favor of buyers. After peaking just above $81,000, Bitcoin is currently trading at about $78,840. The move started at about $63,000, so Bitcoin gained almost 30% before facing significant resistance.
BTC/USDT Chart by TradingViewSellers have not produced a significant retracement despite multiple erratic sessions near $80,000. The recovery of the 200-day moving average continues to be the strongest technical development. The rapidly rising 20-day EMA has reached roughly $72,250, while this indicator is currently at about $72,180. Their convergence around $72,000 establishes a crucial support area.
Bitcoin's consolidation isn't stopping yetAdditionally, Bitcoin is trading well above its 50-day and 100-day moving averages, which are currently at $68,680 and $67,300, respectively. In addition to confirming the breakout's strength, the separation demonstrates how far Bitcoin has risen in a comparatively short amount of time.
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The RSI is still high at about 72.5. Bitcoin is still technically overbought even though it has decreased from its recent peak. This allows for more consolidation prior to another sustainable leg higher.
Both the most recent peak and Bitcoin's May high are located in the immediate resistance zone, which is between $80,000 and $82,000. Breaking $82,000 would provide a significant continuation signal in addition to removing the most obvious nearby technical barrier. $76,000–$77,000 is the first short-term support on the downside.
$72,000 would become more relevant with a deeper correction. The larger reversal continues as long as Bitcoin stays above its recovered 200-day average. Although chasing the price is becoming riskier due to the elevated RSI, the current sideways movement near $80,000 appears more like post-breakout consolidation than a confirmed reversal.
After one of its biggest breakouts of 2026, XRP is consolidating, and the most recent daily structure indicates that buyers are still in charge of the larger recovery despite the decline from $1.70. After rising from an intraday low of about $1.38, XRP is currently trading at about $1.41. The significant development is still that it is at about $1.35 above the 200-day moving average.
XRP stays on the bullish pathDuring the August surge, XRP firmly reclaimed this indicator, and it has since spent multiple sessions above it. Because of this, the $1.35 region is the chart's most crucial support. The claim that the prior long-term downward trend has been broken would be strengthened by a successful defense.
XRP/USDT Chart by TradingViewHowever, a daily close below it would put XRP at risk of a more severe correction. The shorter moving averages are still significantly lower. The 50-day average is close to $1.14, the 100-day average is at $1.21, and the 20-day EMA has accelerated to about $1.26.
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This significant gap illustrates how rapidly XRP rose from its August low of about $1.00. Momentum is also returning to normal. After moving well into overbought territory, the RSI is now close to 66. Because of this cooling process, XRP may have more room for a subsequent upside attempt without producing an extremely high momentum reading right away.
The first significant barrier is still between $1.45 and $1.50. After the initial breakout, XRP has had trouble sustaining its momentum above this region. Attention would move to $1.55 and ultimately the $1.70 spike high if $1.50 were cleared.
Technically speaking, XRP is still bullish above $1.35. A consolidation between that level and $1.50 would probably be preferable to another sudden vertical move, in order to allow the shorter moving averages to catch up with price.
Ethereum's strong positioningFollowing its August breakout, Ethereum is still in an exceptionally strong position, holding hundreds of dollars above its recently recovered 200-day moving average while consolidating around $2,470. ETH is currently trading close to $2,472 after rising quickly from about $1,900.
ETH/USDT Chart by TradingViewAlmost simultaneously, the breakout forced Ethereum through a number of resistance levels, including the declining 200-day moving average at $2,159. It is an important move. The 20-day EMA has risen to $2,225, while ETH is currently about 14% above its 200-day average.
At roughly $2,030 and $2,019, respectively, the 50-day and 100-day moving averages are still much lower. Breaking the long-term trend indicator is no longer Ethereum's immediate concern.
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Rather, buyers must build a solid structure above it and prevent the current consolidation from becoming a more significant retracement. The immediate resistance area is now between $2,500 and $2,550. This zone has been tested by several recent candles without resulting in a lasting breakout.
Additionally, volume increased sharply during the initial breakout before falling during the consolidation. Lower volume during a sideways phase is not inherently bearish, as it may suggest that aggressive selling has not followed the rally. The quickly rising 20-day EMA at $2,225 is currently the first significant dynamic support.
The 200-day average at $2,159 becomes the critical level below it. The present consolidation supports continuation as long as Ethereum stays above those levels. Breaking $2,550 would be the next sign that buyers are prepared to extend the August reversal.
Shiba Inu's long-term directionAfter its August comeback, Shiba Inu is still struggling with long-term resistance, but the most recent decline has moved SHIB into a support zone that may determine whether the rebound continues. Following a recent spike to roughly $0.00000620, SHIB is currently trading around $0.00000517.
SHIB/USDT Chart by TradingViewSHIB briefly rose above the 200-day moving average as a result of the move, but buyers were unable to hold that position. The indicator remains the biggest technical barrier on the daily chart and is currently located close to $0.00000571.
Because the 200-day average has served as long-term resistance during the larger downtrend, that failed breakout is significant. Before the market can establish a more convincing bullish reversal, SHIB needs to recover roughly $0.00000570–$0.00000580. The lower price is more favorable.
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The 100-day moving average is close to $0.00000498, and the 20-day EMA has risen to about $0.00000500. As a result, there is a concentrated support area directly beneath SHIB. At roughly $0.00000471, the 50-day moving average is lower. Consequently, the critical short-term level is now $0.00000495–$0.00000500.
By holding it, SHIB could consolidate above its medium-term trend indicators and prepare for another attempt at the 200-day average. Momentum has already considerably decreased. The RSI is currently at 54, which is lower than the overbought levels reached during the August surge.
As a result, SHIB has considerably more room to move in either direction without momentum becoming a limiting factor. For a rebound from $0.00000500, resistance would first appear between $0.00000540 and $0.00000555, followed by the critical $0.00000571 level.
Bitcoin is holding steady following a strong breakout in August, with its price consolidating well above crucial long-term averages. After reaching a peak just above $81,000, Bitcoin is currently trading near $78,840. The recent surge began around $63,000, representing a nearly 30% gain before the cryptocurrency encountered significant resistance.
Key support and resistance levelsDespite volatility near the $80,000 level, sellers have so far been unable to trigger a significant pullback. The most notable technical indicator remains the recovery and defense of Bitcoin’s 200-day moving average, with the 20-day exponential moving average (EMA) rapidly rising to approximately $72,250, converging with the 200-day average in the same region. These overlapping support bands near $72,000 are poised to play a crucial role in the coming sessions.
The asset also trades comfortably above its 50-day and 100-day moving averages, currently situated at $68,680 and $67,300, respectively. This distance illustrates the exceptional velocity of Bitcoin’s rally. The relative strength index (RSI) remains elevated at around 72.5, indicating that conditions are technically overbought, which could support a period of sideways movement before any further gains.
Critical resistance is clustered between $80,000 and $82,000. A decisive breakthrough above $82,000 could signal further bullish continuation, while downside support is established near $76,000–$77,000. A more pronounced correction could place the $72,000 support zone into focus, but as long as Bitcoin holds above its 200-day moving average, the broader uptrend remains intact.
IndicatorCurrent ValuePrice$78,840All-time peakJust above $81,000200-day MA~$72,18020-day EMA~$72,250Support zone$76,000–$77,000Resistance zone$80,000–$82,000Bitcoin’s structure remains bullish while it holds above its 200-day moving average, and the consolidation near $80,000 appears driven by recent overbought conditions rather than a confirmed trend reversal.
XRP consolidates after sharp rallyXRP, the native token of the Ripple network, is also navigating a consolidation phase after a robust rally, during which it climbed from an intraday low of $1.38 to a recent price of $1.41. The token remains securely above its 200-day moving average at about $1.35, a region considered its key technical support.
A daily close below this threshold could open the door to deeper losses; however, buyers have so far defended this area effectively. XRP’s shorter-term moving averages lag behind the price, with the 50-day at $1.14, the 100-day at $1.21, and the 20-day EMA rising to $1.26.
The resurgence in price was accompanied by a surge in momentum, pushing the RSI toward overbought territory before a recent cooldown to 66. This drop in momentum may allow for another move higher without triggering an excessively overheated market. Immediate resistance stands at $1.45–$1.50, with further attention at $1.55 and the spike high at $1.70. A sustained consolidation between $1.35 and $1.50 would allow the shorter moving averages to catch up and support any future advance.
Maintaining support above $1.35 remains crucial for XRP’s near-term outlook; holding this level could reinforce the case that a longer-term downtrend has been broken.
Ethereum maintains strong trendEthereum has continued to trade in a strong technical position since its August breakout, staying hundreds of dollars above its reacquired 200-day moving average and consolidating around $2,470. ETH recently tested $2,472, following a rapid ascent from about $1,900.
The rally lifted Ethereum above several resistance marks, including the declining 200-day MA currently at $2,159. With the 20-day EMA now at $2,225, ETH sits approximately 14% above the critical long-term average. The 50-day and 100-day averages, at $2,030 and $2,019 respectively, trail well beneath recent prices.
Current consolidation above these levels suggests the market is pausing, rather than reversing. The immediate resistance zone lies at $2,500–$2,550. Trading volumes surged during the initial breakout, tapering off as prices moved sideways, which may reflect a lack of aggressive selling pressure. As long as ETH stays above $2,159, the medium-term outlook remains constructive. A breakout above $2,550 would reinforce the August reversal and confirm buyers’ control.
Shiba Inu struggles at long-term resistanceShiba Inu (SHIB), a well-known memecoin, has encountered persistent long-term resistance after its August surge. The recent price drop brought SHIB into a dense support band, now trading near $0.00000517 after briefly touching $0.00000620.
SHIB’s attempt to stay above its 200-day moving average near $0.00000571 was short-lived. This indicator remains the primary resistance during the ongoing downtrend. Recovery over $0.00000570–$0.00000580 is necessary for a confirmed bullish reversal; otherwise, focus remains on lower support levels.
The 100-day moving average stands at $0.00000498 and the 20-day EMA at about $0.00000500, providing a narrow support region under current prices. The 50-day average is further below at $0.00000471. Holding $0.00000495–$0.00000500 could lay the groundwork for renewed upward momentum. SHIB’s RSI has dropped to 54, offering more flexibility for the next directional move, and upside resistance remains at $0.00000540–$0.00000555, with the main barrier just above at $0.00000571.
Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) have paused their gains after facing a slight pullback last week following their recent massive gains. BTC trades around $77,900 on Monday, and ETH faces selling pressure near the key $2,500 resistance level. Meanwhile, XRP corrects and finds support around a key level that could determine its next directional move.
Bitcoin consolidates following a massive rally in recent weeksBitcoin price trades at $77,893 on Monday, maintaining a bullish near-term bias as it holds well above the 50-day, 100-day and 200-day Exponential Moving Averages (EMAs) clustered between roughly $69,700 and $72,300.
The Relative Strength Index (RSI) at 69 hovers just below overbought territory, while the Moving Average Convergence Divergence (MACD) remains positive, hinting that upside momentum is still constructive but becoming stretched.
On the topside, the next notable resistance aligns with the horizontal barrier at $85,000.
On the downside, initial demand appears around the 200-day EMA at $72,254, then the 50-day EMA at $69,681, followed by the 100-day EMA at $68,887; below these, deeper support emerges at the previously charted horizontal levels of $66,500 and $62,300.
BTC/USDT daily chartEthereum faces rejection near $2,500 markEthereum price trades at $2,421 on Monday, holding a bullish near-term bias as price remains comfortably above the key EMAs. The 50-day EMA at $2,101, together with the 100-day EMA at $2,037 and the 200-day EMA at $2,161, forms a broad underlying demand zone that reinforces the constructive structure while ETH consolidates near recent highs.
Momentum remains supportive, with the RSI hovering around 66 and avoiding extreme overbought territory, while the MACD stays in positive territory, hinting at sustained but moderating upside pressure.
On the topside, immediate resistance is seen at the horizontal barrier near $2,500, ahead of a more significant cap at $3,000, where profit-taking could intensify if bulls extend the rally.
On the downside, initial support sits around the 200-day EMA at $2,161, followed by the 50-day EMA at $2,101 and the 100-day EMA at $2,037, which should cushion deeper pullbacks. A break below the psychological $2,000 level would expose the distant structural floor at $1,505, while sustained trading above the clustered moving averages keeps the broader bullish tone intact.
ETH/USDT daily chartXRP finds support near 200-day EMAXRP price trades at $1.350 on Monday, maintaining a broadly bullish near-term bias as it holds above the 50-day and 100-day EMAs at $1.204 and $1.209, respectively. However, the pair is now testing the 200-day EMA at $1.351 as immediate support, capping further downside for now.
The RSI around 59 suggests constructive but not overextended momentum, while the positive MACD reading with a small positive value hints at waning yet still supportive bullish pressure after the recent sharp rally.
On the topside, initial resistance sits at the horizontal level of $1.900.
On the downside, the first meaningful support appears at the 200-day EMA at $1.351, followed by the $1.300 horizontal level, ahead of a supportive cluster formed by the 100-day EMA at $1.209 and the 50-day EMA at $1.204. At the same time, a deeper structural floor sits at the $1.000 handle.
As long as XRP stays above the $1.300 area, the technical backdrop would continue to favor consolidation with potential for renewed upside attempts toward the recent high around $1.699 and beyond the $1.900 mark.
XRP/USDT daily chart(The technical analysis of this story was written with the help of an AI tool. Know more.)
Cryptocurrency prices FAQs Token launches influence demand and adoption among market participants. Listings on crypto exchanges deepen the liquidity for an asset and add new participants to an asset’s network. This is typically bullish for a digital asset.
A hack is an event in which an attacker captures a large volume of the asset from a DeFi bridge or hot wallet of an exchange or any other crypto platform via exploits, bugs or other methods. The exploiter then transfers these tokens out of the exchange platforms to ultimately sell or swap the assets for other cryptocurrencies or stablecoins. Such events often involve an en masse panic triggering a sell-off in the affected assets.
Macroeconomic events like the US Federal Reserve’s decision on interest rates influence crypto assets mainly through the direct impact they have on the US Dollar. An increase in interest rate typically negatively influences Bitcoin and altcoin prices, and vice versa. If the US Dollar index declines, risk assets and associated leverage for trading gets cheaper, in turn driving crypto prices higher.
Halvings are typically considered bullish events as they slash the block reward in half for miners, constricting the supply of the asset. At consistent demand if the supply reduces, the asset’s price climbs.
This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail.
Ethereum (ETH) Ethereum closed another week in the green after pushing above $2,400, ending 6% higher. If buyers manage to hold this key support level, higher highs may continue.
Bulls should do their best to consolidate their recent gains after the massive rally from the $1,500 level. To achieve this, defending $2,400 as support is key. The current resistance is at $2,800.
Looking ahead, this is the first time since 2025 that ETH has made a higher high. This halts the downtrend and positions this cryptocurrency for a sustained rally. The question is how far bulls can take it before they show signs of weakness.
Source: TradingView Ripple (XRP) After XRP pumped to $1.6, the price entered a pullback, which is still ongoing at the time of this post. Nevertheless, this cryptocurrency closed the week 9% higher. This recent performance is impressive and a significant change in the market structure.
With a higher high secured, XRP could be consolidating between the key support at $1.3 and the resistance at $1.6. Once the price settles, a renewed push higher could follow, sending XRP back into a rally.
Looking ahead, the most significant target, at this time, is $2. For that to happen, XRP will need to turn $1.6 into a support first. The odds favor this outcome considering that buyers have the advantage right now.
Source: TradingView Cardano (ADA) Cardano ended this week flat after the price failed to break the resistance at $0.23. Buyers tried to push ADA higher, but sellers would not budge. For this reason, the price is in a pullback at the time of this post.
While a consolidation period under the key resistance is normal, this cryptocurrency needs to avoid a long delay in breaking $0.23, as that may encourage sellers to step up their presence on the order book.
Looking ahead, Cardano needs to make a higher high to confirm the bottom under $0.15. So far, this has not happened, which may give bears a chance to retest the previous lows in the future.
Source: TradingView Binance Coin (BNB) Binance Coin had a good week, closing 7% higher. The price also broke the $690 resistance and appears close to forming a higher high. If confirmed next week, BNB may be well on its way to visit $900 next.
It is critical for the price to continue its rally, as any price below $740 would paint a lower high on the chart, which would be a bearish signal. Nevertheless, as long as the $690 level holds as support, buyers have control over the price.
Looking ahead, the recent drop under $580 could be the bottom. To confirm it, BNB needs to rally and sustain its recent gains. If so, the $900 and $1,000 targets will act as magnets for the price in the near future.
Source: TradingView Hype (HYPE) Hyperliquid had another fantastic week, closing 14% higher after setting a new record price of almost $87. Right now, HYPE is trading in a key range between $ 76 and $ 85 as it plans its next move.
To continue the rally, the price has to clear $85 as support and aim for $90 next. However, considering the strength of the recent move, a consolidation period would be welcomed to avoid a sharper correction later.
Looking ahead, HYPE has a real chance to hit a three-digit price in the near future if this bullish momentum is sustained. A price of $100 or higher is only a 20% rally from current levels.
Source: TradingView Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.
After its explosive August breakout, XRP is trying to create an entirely new market structure, but the most recent candles indicate that the initial phase of the rally has already cooled. After briefly hitting about $1.70 during the first breakout, XRP is currently trading close to $1.42. The technical picture as a whole is still much stronger than it was earlier in August, despite the significant rejection from that local high.
XRP crosses multiple thresholdsMost significantly, XRP is still trading above the daily chart's four major moving averages. The 200-day moving average is especially significant; it is currently at $1.35. Since XRP spent the majority of 2026 below this indicator, its recent rise above it is a significant technical shift.
XRP/USDT Chart by TradingViewThe breakout structure does not change into another transient price spike as long as XRP stays in the $1.35–$1.40 range. Shorter moving averages offer much less support. The 50-day and 100-day averages are roughly $1.20 and $1.13, respectively, while the 20-day EMA is close to $1.24. After the quick rally, XRP is now somewhat extended, so further consolidation would not necessarily harm the bullish setup. Volume bolsters the move's importance as well.
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The breakout coincided with one of the biggest volume expansions the chart had seen in months. But as XRP entered consolidation, volume subsequently decreased, indicating that the initial surge of aggressive buying has abated. After recently rising above 80, RSI is still high at about 69.
Although the pullback from overbought territory is positive, it also suggests that momentum is returning to normal. The immediate resistance on the upside is $1.50. The route toward $1.60 and the most recent $1.70 peak could be reopened by a daily close above that level. However, another vertical rally is not necessarily required for XRP.
Long way for SHIBUnlike XRP, Shiba Inu has not yet completed the most significant portion of its technical reversal, despite having made significant progress since its August lows. After a strong move toward $0.00000620, SHIB is currently trading at about $0.00000530. The 200-day moving average, which is close to $0.00000572, is still above the token despite the rally pushing it well above its short- and medium-term moving averages.
SHIB/USDT Chart by TradinViewThe main technical challenge is now at that level. The rejection around $0.00000600–$0.00000620 demonstrates the need for caution in the current situation. Although buyers were able to break through the previous August range and momentarily challenge the long-term trend indicator, they were unable to sustain the advance.
Since then, SHIB has consolidated around $0.00000530. However, the underlying structure has improved. The 50-day average is close to $0.00000468, the 100-day moving average is close to $0.00000497, and the 20-day EMA is close to $0.00000499. The token now has a significant support cluster around $0.00000470–$0.00000500, as SHIB is trading above all three.
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Another positive signal comes from volume. Sharp increases in trading activity accompanied both of August's major rallies, but the most recent decline was accompanied by a drop in volume. This lessens the threat of the retreat compared to a large-scale sell-off. Additionally, momentum has stabilized without collapsing.
After momentarily entering overbought territory during the breakout, the daily RSI is currently at 58. As a result, SHIB can make another upward attempt without immediately running into the same momentum extremes. The critical level remains between $0.00000572 and $0.00000600. The current recovery could become a wider trend reversal if the 200-day moving average is reclaimed and held, with $0.00000620 as the next obvious target.
Can Stellar maintain the recovery?After an explosive comeback from the $0.155 area, Stellar is trying to maintain its most recent recovery, but XLM has reached the area of the chart where resistance becomes much harder to overcome. After briefly rising above $0.22 during the August rally, XLM is currently trading at about $0.184.
XLM/USDT Chart by TradingViewA significant portion of that spike was eliminated by the subsequent retracement, but buyers have so far kept the price from returning to its pre-breakout range. The 200-day moving average, which is currently at about $0.190, is the most immediate challenge.
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During the rally, XLM momentarily crossed this indicator but was unable to establish support above it. Because of this rejection, the main resistance zone is the $0.190–$0.200 range. The structure would be greatly enhanced by a strong daily close above $0.20, which might also bring $0.22 back into focus.
However, XLM has established a useful concentration of support below the current price. The 20-day EMA and 50-day moving average are close to $0.178 and $0.177, respectively, while the 100-day moving average is located around $0.182. As a result, a comparatively dense support zone is formed between $0.176 and $0.182. Maintaining that cluster is crucial.
The current retracement may continue to be a consolidation after the breakout rather than the start of another decline if buyers defend it. Momentum has already decreased significantly. After rising above 70 during the rally, RSI has fallen toward 54, eliminating most of the short-term overheating. Since the initial breakout surge, trading volume has also decreased.
Bitcoin makes a key reversalIn just a few days, Bitcoin went from about $63,000 to almost $80,000, making one of its strongest technical moves in months. Although the breakout has significantly improved the structure of Bitcoin, momentum is still severely stretched as the market enters a crucial resistance zone.
BTC/USDT Chart by TradingViewAfter briefly rising above $80,000, Bitcoin is currently trading around $79,360. The rally started with a clear breakout from the narrow range of $62,000 to $65,000 that dominated most of July and August. More significantly, during the advance, Bitcoin crossed all of the major moving averages displayed on the daily chart.
The most significant development is represented by the 200-day moving average close to $72,060. Since Bitcoin had been below this indicator for several months, the move through it represented a significant long-term technical improvement. The 50-day and 100-day moving averages are still at roughly $68,300 and $66,750, respectively, while the 20-day EMA has also accelerated toward $71,300.
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Although the gap between the spot price and those averages also shows how quickly BTC has moved, this arrangement provides Bitcoin with a significant support structure below its current price. RSI confirms that concern. Right now, the indicator is firmly in overbought territory, at about 77.
The current resistance zone is between $80,000 and $82,000. This region has already begun to produce resistance and coincides with Bitcoin's May local peak.
One of the biggest technical obstacles still standing would be removed by a clear breakout above $82,000, which could lead to much greater upside. The first area to watch is $76,000–$77,000 if Bitcoin fails there.
A deeper correction toward $72,000 would represent a more significant retest of the recently recovered 200-day average. Bitcoin's structure is now clearly stronger, but after an advance of about $17,000, either a clean breakout supported by fresh volume or consolidation below $82,000 will likely be necessary for further gains.
Bitcoin, XRP, Stellar, and Shiba Inu each experienced notable price swings, with several coins testing key technical thresholds following strong summer recoveries.
Bitcoin surges to multi-month highs but faces resistanceBitcoin staged one of its sharpest rallies in months, climbing from around $63,000 to nearly $80,000 in a brief span. This move broke Bitcoin free from a narrow trading range between $62,000 and $65,000 that had persisted through much of July and August. As the rally gathered momentum, Bitcoin decisively moved above its most significant daily moving averages.
The 200-day moving average, now at approximately $72,060, served as a major hurdle after Bitcoin spent several months trading below it. Surpassing this level marked a pivotal shift in the coin’s technical structure. The 50-day and 100-day averages have also been left behind, currently near $68,300 and $66,750, with the 20-day EMA rising to about $71,300. This group of indicators provides a substantial support cluster below Bitcoin’s spot value.
Currently changing hands at about $79,360, Bitcoin finds itself in an overbought zone, with the relative strength index (RSI) at 77. Immediate resistance is concentrated between $80,000 and $82,000, correlating closely with the coin’s May local peak. Observers indicate that breaking above $82,000 could unlock further upside, while a pullback to $76,000–$77,000 or even a retest of $72,000 is possible if sellers take control.
Right now, the indicator is firmly in overbought territory, at about 77. The current resistance zone is between $80,000 and $82,000.
LevelBitcoin PriceCurrent price$79,360200-day MA$72,060Resistance zone$80,000–$82,000Support (20–100 MA)$66,750–$71,300XRP maintains key supports after rallyXRP made headlines with an August breakout that sent the token as high as $1.70. Following a pullback, XRP now trades around $1.42, still well above levels earlier in the summer. Technically, XRP’s structure remains robust as it continues to trade above the daily chart’s four major moving averages. Its 200-day moving average now sits at $1.35, representing an important long-term indicator that had capped the price for much of 2026.
Shorter-term moving averages, including the 20-day EMA at $1.24, the 50-day at $1.20, and the 100-day at $1.13, provide additional support but are less decisive factors at the moment. Trading volume spiked during the initial rally then tapered off as XRP began consolidating, suggesting the initial phase of aggressive buying has cooled. The RSI, which had spiked to over 80, has now pulled back to 69.
A daily close above $1.50 would open the path for a move towards $1.60 and potentially the recent $1.70 peak. However, traders view additional consolidation in the $1.35–$1.40 range as a healthy development for now.
Shiba Inu and Stellar face key resistance zonesShiba Inu has shown improvement since its August lows, surging to $0.00000620 before settling around $0.00000530. Despite recovering above several short- and medium-term moving averages, SHIB remains under the 200-day average near $0.00000572. Overcoming this level remains SHIB’s main technical hurdle, with the $0.00000600–$0.00000620 range acting as immediate resistance. The recent decline in volume suggests that the pullback does not amount to a large-scale sell-off, while the RSI now stands at 58, giving the token room for another rally attempt.
For Stellar (XLM), the August recovery took the price from a low of $0.155 to an intraday peak above $0.22, before correcting back to about $0.184. The 200-day moving average at $0.190 is currently the key resistance, with a daily close above $0.20 considered essential to reestablish the upward trend. Below the spot price, support rests around the 20-day EMA and the 50- and 100-day moving averages in the $0.176–$0.182 range.
Momentum indicators confirm that both SHIB and Stellar have retreated from overbought levels. For Stellar, RSI has fallen from above 70 to 54, reducing the threat of near-term overheating. As both coins consolidate, traders are watching volume trends and support clusters for signs of the next major directional move.
Mini dictionary: Relative strength index (RSI) is a technical momentum indicator that measures the speed and change of price movements, typically used to identify overbought or oversold conditions.
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
The XRP ETF market is growing steadily, but it has yet to enter the "big league" of billion-dollar crypto funds. The discussion around the actual figures was triggered by a major Solana milestone: This week, Bitwise's Solana Staking ETF (BSOL) officially reached $1 billion in AUM exactly 10 months after its launch.
Capital flowed into the product largely because of its built-in annual yield of around 5.8%, generated through staking directly within the regulated ETF.
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Commenting on the achievement on X, Bitwise CEO Hunter Horsley noted that only Bitcoin, Ethereum and Solana ETFs have crossed the $1 billion mark so far. When someone in the comments suggested that this statistic looked biased against XRP, Horsley responded directly: "I'm not! There's no $1B XRP ETF yet!"
Why Solana succeeded while XRP has notThis remark exposed a fundamental technological barrier for XRP. Unlike Solana, the XRP Ledger has no native staking at all. All XRP tokens were issued upfront, and the blockchain simply cannot generate new tokens to pay staking rewards.
The only future alternative for funds could be the native XRPL Lending Protocol, which is currently undergoing a validator vote. For now, however, the XRP ETF sector is forced to rely exclusively on pure spot demand.
Monthly net inflows and asset growth for the Bitwise XRP ETF up to August 2026, Source: SoSoValueInvestor demand is undeniably strong. U.S. spot XRP ETFs have collectively accumulated an impressive $1.44 billion in net assets, with cumulative inflows reaching $1.66 billion, according to SoSoValue. In terms of total capital, the XRP sector is already operating at the level of the market leaders.
However, because these products offer no yield, no individual fund has managed to reach the $1 billion mark.
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Horsley's own fund leads the segment. The Bitwise XRP ETF controls 44% of the market, with $632.03 million in assets. Its closest competitors follow behind: Franklin Templeton's XRPZ holds $411.39 million, while Canary's WAXRP has $234.36 million. The remaining share is divided among products from 21Shares and Grayscale.
With the latest Form 13F filings confirming an influx of U.S. institutional investors into crypto ETFs, Bitwise's standalone XRP fund needs to attract approximately another $368 million in net assets to reach the coveted $1 billion threshold.
Solana's experience has shown that pure spot exposure trails staking-backed products in terms of growth speed. XRP's ability to cross the billion-dollar mark will therefore depend entirely on the appetite of long-term investors.
Charles Schwab, one of the largest brokerage firms in the United States, has introduced a framework dividing five major digital assets based on their roles and risk profiles in investment portfolios. Adam Lynch, director of global equity research at Charles Schwab, outlined the firm’s approach, emphasizing the distinct functions and risk levels of each cryptocurrency.
Asset categorization in the Schwab crypto strategySchwab’s digital asset strategy positions Bitcoin and Ethereum as core portfolio components. Lynch characterized Bitcoin as a “classic debasement hedge,” highlighting its use in scenarios where fiat currency faces declining purchasing power. He noted that concerns about inflation and currency debasement justify Bitcoin’s presence in diversified investment portfolios.
Ethereum, though also discussed in relation to themes of currency debasement, is credited by Lynch as having broader functionality within the blockchain ecosystem. He pointed to Ethereum’s ability to support decentralized applications and smart contracts, distinguishing it from Bitcoin’s primary role as a store of value.
In contrast, Lynch classified Solana, XRP, and Hyperliquid as higher-volatility assets within the Schwab approach. He suggested these coins serve as complementary allocations, with their greater price fluctuations positioning them as higher-risk investments compared to Bitcoin and Ethereum.
Lynch explained, “Each asset category in our strategy serves a unique role. We do not treat cryptocurrencies as a single, undifferentiated asset class.”
Schwab’s strategy differentiates between core assets like Bitcoin and Ethereum, and higher-volatility options such as Solana, XRP, and Hyperliquid, aiming to create diversified exposure while managing risk.
This tailored asset division reflects Charles Schwab’s broader philosophy of employing asset-specific investment theses and not viewing the crypto market as a monolith.
Expansion of digital asset offeringThe evolution of Schwab’s crypto strategy aligns with continued platform development. The company recently announced the addition of Solana, Avalanche, and Chainlink to its crypto trading offerings. This move expands the available assets and provides clients with more choices beyond Bitcoin and Ethereum.
Solana, Avalanche, and Chainlink are each prominent blockchain protocols, with Solana known for its high-speed, low-cost transaction network; Avalanche notable for its customizable blockchain infrastructure; and Chainlink serving as a leading decentralized oracle network.
Mini dictionary: Hyperliquid is a decentralized perpetual trading protocol that offers zero-gas, instant transactions and utilizes off-chain order books for improved speed and efficiency compared to traditional on-chain decentralized exchanges.
Recent filings show Goldman Sachs holds the largest reported institutional position in Solana ETFs, investing $88 million. However, reporting requirements do not capture all institutional holders, suggesting real Wall Street exposure to Solana could be higher.
AssetCategoryRecent Schwab ActionBitcoinCoreDirect trading enabledEthereumCoreDirect trading enabledSolanaHigher volatilityAdded to platformAvalancheHigher volatilityAdded to platformChainlinkHigher volatilityAdded to platformXRPHigher volatilityStrategic assetHyperliquidHigher volatilityStrategic assetMarket context and recent price movesSchwab’s updated crypto strategy arrives amid heightened volatility in cryptocurrency markets. Bitcoin’s price fell below $77,000 after US Federal Reserve Chair Kevin Warsh delivered hawkish comments at the Jackson Hole conference, signaling a potential tightening of monetary policy and the likelihood of interest rate hikes.
With inflation in the United States remaining above the central bank’s 2% target for 65 consecutive months, forecasts of an imminent easing in monetary policy have become less likely. Warsh’s consistently hawkish stance since taking office has contributed to persistent uncertainty in financial markets.
Charles Schwab’s strategy, which attributes unique roles to each cryptocurrency, seems to be a response to both structural developments in the digital asset space and ongoing macroeconomic pressures from monetary authorities.
Two separate U.S. fund filings dated August 27–28, 2026 have brought ProShares XRP ETF back into the spotlight.
A ProShares Trust Rule 24f-2 notice filed on August 27 officially lists both the ProShares XRP ETF (series S000091571) and the ProShares Ultra XRP ETF (series S000091573, ticker: UXRP) as registered fund series.
A separate Morningstar Funds Trust post-effective amendment filed on August 28 again names the Cyber Hornet S&P 500 & XRP 75/25 Strategy ETF.
This is not a fresh SEC approval. It is further evidence that XRP is being treated as a permanent sleeve inside U.S. fund complexes, not a one-off experiment.
What the Filings Actually Say The ProShares filing lists two XRP-linked series alongside other crypto products, including Ultra Solana and the CoinDesk 20 Crypto ETF.
The Ultra XRP ETF (UXRP) is already live. It launched in mid-July 2025, tracks 2x the daily Bloomberg XRP Index using futures and swaps, and does not hold spot XRP.
The expense ratio sits at 1.67%. Recent AUM snapshots put the fund in the $40–$55 million range, with NAV near $15.83 on August 28, after a sharp down day.
The unlevered ProShares XRP ETF (S000091571) appears in the filing but several trackers still mark it as pending, not yet live.
The Cyber Hornet 75/25 product first sought SEC clearance in September 2025. Cyber Hornet Seeks SEC Nod for S&P 500 and XRP ETF.
The Aug 28 amendment (Securities Act file 333-216479, PEA No. 15) confirms the product is now live under Morningstar Funds Trust. Inception date: January 30, 2026. NAV: approximately $22.08 as of August 27.
The fund holds direct XRP at roughly 25.7% alongside mega-cap S&P names, NVDA, AAPL, MSFT, and AMZN. AUM is tiny, near $0.55 million. It is a signal, not a flow driver.
Why Investors Should Pay Attention XRP is no longer just a spot-ETF trade. The U.S. wrapper stack now spans spot funds, futures and strategy products, a 2x leveraged sleeve, and an equity-blend option.
21Shares recently moved TOXR to FTSE pricing as the broader XRP ETF complex crossed $1.44 billion in AUM, a sign that institutional plumbing is tightening around the asset.
Canary contributed $5.12 million, with its cumulative figure approaching $483 million. Historical net inflows across the complex now stand at roughly $1.66 billion.
The filing news lands against a broader regulatory backdrop. Ripple, XRPL, and XRP are already considered compliant with the CLARITY Act, according to a prominent crypto analyst.
Senate cloture on that bill is targeted for September 15. Standard Chartered has previously modeled $4–$8 billion in additional XRP ETF inflows if market-structure clarity is confirmed.
On the supply side, Ripple’s next 1 billion XRP escrow unlock faces a new dynamic if the CLARITY Act advances. That unlock is scheduled for September 1, just days away. Traders should watch both dates closely.
Leveraged products carry a specific warning. UXRP and other 2x products reset their exposure daily. They are trading tools, not long-term holdings.
XRP leverage on Binance hit $0.213, a seven-month high, after a 44% rally, with $3.4 billion in open interest crowding the long side. That crowded positioning makes leveraged ETFs especially risky at current levels.
The ETF shelf expansion also coincides with broader XRP ecosystem activity.
Ripple is preparing to shut down the XRPL native bridge, removing over 10,000 lines of dead code, a move analysts read as institutional-grade infrastructure cleanup happening in parallel with Wall Street’s growing XRP exposure.
XRP was trading in the $1.38–$1.46 range heading into the weekend, recovering from a near-$1 print earlier in August.
The September 1 escrow unlock and September 15 CLARITY Act cloture vote are the two nearest catalysts that could move that range meaningfully.
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Vault grows more than sixfold from launch capThe @ClearstarLabs earnXRP vault on @FlareNetworks has raised its deposit cap for at least the second time, with holdings now standing at 33.73 million FXRP, worth around $46.5 million. That figure is more than six times the 5 million token ceiling the vault carried at its December 2025 launch. Flare confirmed the latest cap increase without specifying the new limit.
earnXRP is the first fully on-chain yield product denominated in $XRP, allowing users to deposit FXRP, XRP represented one-to-one on Flare, into a single vault that deploys capital across a diversified set of yield strategies. The Clearstar vault takes a fully on-chain approach, deploying FXRP across lending and liquidity protocols on Flare, including Avant and Euler. The vault targets a 3% annual yield and charges a 0.75% management fee plus a 10% performance fee.
Flare Smart Accounts lower the barrier for XRP holdersDeposits route through Flare Smart Accounts, which remove much of the technical friction traditionally associated with cross-chain DeFi. They combine what would normally require multiple steps, such as minting FXRP, navigating decentralised applications, and managing activity across different interfaces, into a single unified flow, while self-custody is retained throughout. In practice, that means XRP Ledger wallet holders can participate without separately minting FXRP or managing a standalone EVM wallet.
Flare launched Smart Accounts v1.3 to simplify how XRP holders access DeFi by reducing a process that previously required multiple steps to a single wallet signature. More than 40 million XRP is currently earning yield through Flare Smart Accounts, while nearly 24,000 Smart Accounts have already been created. The repeated lifting of the Clearstar vault cap suggests sustained demand, underscoring the broader push to bring $XRP holders into on-chain yield strategies that were largely inaccessible before the FAssets system launched.
Only 0.1% of XRP supply is utilised in DeFi despite the token being among the largest cryptocurrencies by market capitalisation. Products like earnXRP are designed to chip away at that gap by offering a straightforward, non-custodial entry point into XRPFi.
Ripple has advised the XRP Ledger community to withdraw the long-running XChainBridge (XLS-38) amendment, which aims to deliver native cross-chain bridging for the network.
Shifting priorities for XRP LedgerRipple, a blockchain-based payments company best known for developing solutions centered on the XRP Ledger, stated that the XLS-38 bridging technology is no longer required for its primary use case. The company attributed this to a lack of sufficient developer interest and demand for the amendment’s intended functions.
According to Ripple, the original goal behind XLS-38 was to allow seamless asset transfers between the XRPL mainnet and various custom sidechains, including private, permissioned, and experimental networks. The framework involved using “witness servers” to facilitate these transfers.
The amendment was also envisioned to act as the foundational bridge between the XRP Ledger and the XRPL EVM Sidechain, expanding the ecosystem’s interoperability.
Axelar integration replaces XLS-38Ripple revealed that it has instead chosen the Axelar network as the bridge solution for the EVM Sidechain. Axelar offers interoperability with more than 50 blockchain networks and employs a network of over 75 validators, positioning it as a robust alternative to the natively built XLS-38 approach.
The company made the decision to use Axelar in June 2024, while still allowing the community to vote on XLS-38 at that time. Ripple now maintains that Axelar’s integration effectively addresses, or even improves upon, the use case previously targeted by XLS-38.
Mini dictionary: Axelar, a cross-chain communication network, enables interoperability across multiple blockchain protocols by facilitating secure asset and data transfers between different chains. It is designed to connect decentralized applications and ecosystems, allowing seamless transfers without centralized intermediaries.
FeatureXLS-38 XChainBridgeAxelar NetworkIntegrationNative to XRP LedgerExternal interoperability protocolSupported NetworksXRPL + sidechains50+ blockchainsValidator CountDependent on XRPL75+ validatorsCommunity response and next stepsRipple clarified that it does not have the authority to unilaterally remove XLS-38 from the XRP Ledger. The company runs only one validator on the protocol, so any withdrawal of the amendment must proceed through the network’s established amendment process, which requires broad consensus among validators and community stakeholders.
Despite the recommendation, Ripple indicated it is open to reconsidering its decision if developers can present compelling use cases that demonstrate significant community value.
“The primary use case that motivated XLS-38’s development is fully addressed, and we believe better addressed, by the Axelar integration,” RippleX indicated. In addition, the company noted that deleting the dormant code would remove more than 10,000 lines, reducing complexity and potential security liabilities.
Ripple also called on those still developing around XLS-38 to share real-world applications or demands that could justify retaining the amendment.
Ultimately, Ripple sees Axelar’s integration as fulfilling the objectives that prompted the original XLS-38 proposal, citing both community feedback and ecosystem needs in its reasoning.
Ripple Recommends Dropping Native Bridge ProposalRipple has formally recommended that the XRP Ledger community withdraw the XLS-38 amendment, also known as XChainBridge, along with the related fixXChainRewardRounding amendment. XLS-38 was originally proposed to enable native cross-chain bridges on the XRP Ledger. It defined a protocol using a decentralized network of witness servers to observe and attest to transactions across chains.
The amendment was designed to enable the transfer of value between sidechains through locking and issuing mechanisms, connecting a locking chain and an issuing chain. Its intended use cases included private chains, permissioned networks, and a bridge linking the XRPL EVM Sidechain to mainnet with $XRP as the native gas token.
Ripple concluded that the witness-server model creates security, decentralization, and operational trade-offs that become more significant as the value locked in a bridge increases. With limited developer demand for the feature, the company no longer considers maintaining the codebase worthwhile. Withdrawing the amendment would remove more than 10,000 lines of code from the protocol.
Axelar Steps In as the Preferred AlternativeRipple says the Axelar integration already addresses the XRPL EVM Sidechain's bridging needs, while limited demand for XLS-38 no longer justifies maintaining its codebase. For users of the XRPL EVM Sidechain, the Axelar bridge remains the connection to and from the XRPL mainnet.
Axelar is a decentralized interoperability network that acts as a universal connector for both EVM and non-EVM chains, including Ethereum, Solana, and the XRP Ledger. Axelar operates a Tendermint-based proof-of-stake blockchain with over 70 validators that verify cross-chain messages using quadratic voting mechanisms. Its General Message Passing protocol allows smart contracts on one blockchain to call functions on another without requiring developers to build custom bridge infrastructure.
The recommendation is not final. Ripple has indicated the decision could still change if developers demonstrate compelling use cases for the native bridging standard. The XRPL community will ultimately decide whether to proceed with the withdrawal.
Sources:
Crypto Times: Ripple Recommends Withdrawing XChainBridge Amendment XLS-38
Ripple Insights: XRPL EVM Sidechain and the Axelar Bridge
Ripple has recommended withdrawing the XRP Ledger’s pending XChainBridge amendment after concluding that its primary use case is already served by Axelar and broader developer demand has not emerged.
Summary
Ripple recommends withdrawing XChainBridge after Axelar replaced its intended XRP Ledger EVM Sidechain role entirely. The pending amendment would add native asset bridges using independent witness servers between connected ledgers. Removing XChainBridge could eliminate more than 10,000 lines from the XRPL server codebase, Ripple estimates. Ripple controls one validator vote and cannot withdraw or activate the amendment unilaterally today alone. Developers with active XLS-38 projects can present evidence before the community completes withdrawal procedures formally. Mayukha Vadari, a senior software engineer at RippleX, announced the recommendation on Aug. 27. XChainBridge, also known as XLS-38, remains in the XRPL validator voting process and has not activated on the mainnet.
Ripple estimated that withdrawing the proposal would allow developers to remove more than 10,000 lines of code from xrpld, the server software that powers the network. No code has been removed yet, and Ripple cannot complete the process independently.
Ripple is officially recommending the withdrawal of the XChainBridge amendment (XLS-38). With Axelar successfully handling the EVM Sidechain and a lack of broader developer demand, dropping XLS-38 will remove over 10,000 lines of inactive code. Read the full reasoning here 👇 https://t.co/9g8J2d5Ggi
— Mayukha Vadari (@msvadari) August 27, 2026 XRP Ledger no longer needs XLS-38 for its EVM sidechain XLS-38 was designed to provide a protocol-level framework for moving XRP and issued assets between the XRP Ledger and connected networks. Its intended users included public sidechains, private ledgers, permissioned networks and experimental chains.
The system relies on independent witness servers to monitor events on each connected ledger. Witnesses submit attestations confirming that assets were locked or destroyed before corresponding assets become available on the destination network.
One of the proposal’s main use cases was connecting the XRPL mainnet with its Ethereum Virtual Machine-compatible sidechain. Ripple later selected Axelar to provide that connection instead.
The XRPL EVM Sidechain launched with Axelar as its mainnet bridge in June 2025. Axelar’s validator network verifies cross-chain messages and connects the sidechain with XRPL and other supported blockchains.
Ripple said the EVM sidechain is now “better addressed” through Axelar. That remains the company’s technical assessment rather than a finding reached through an independent security comparison.
Weak developer demand changed Ripple’s assessment Ripple initially kept XLS-38 available because developers could still use it for private sidechains and specialized networks that Axelar was not designed to support.
However, the company said it found little evidence of active projects requiring the native bridge. No production deployment has publicly identified XLS-38 as essential to its planned operations.
Maintaining the inactive implementation still requires reviews, tests and compatibility work whenever developers update xrpld. Ripple argued that this creates an ongoing maintenance burden without providing a corresponding mainnet benefit.
The recommendation does not mean the broader XRPL ecosystem has abandoned interoperability. Ripple pointed to Axelar, Wormhole, zero-knowledge systems and layer-2 designs as alternative approaches suited to different security and privacy requirements.
Cross-chain systems also introduce distinct risks. As previously reported, bridge exploits have caused more than $4 billion in reported losses since 2021, making verification design and operational security central considerations.
Ripple cannot remove XChainBridge by itself The official XRPL registry lists XChainBridge as a pending amendment with a default “no” vote. Ripple operates only one validator vote among the network’s independent participants.
An XRPL amendment normally requires support from more than 80% of trusted validators for two continuous weeks before activation. With 35 validators in the current default configuration, at least 29 affirmative votes would exceed that threshold.
Ripple’s recommendation therefore neither withdraws the amendment immediately nor forces other validators to oppose it. Validators decide independently which amendments their infrastructure supports.
That separation is consistent with other XRPL proposals. In related coverage, Ripple’s support for lending amendments did not establish their activation because the proposals still required the broader validator threshold.
Withdrawal would proceed through staged software changes Ripple proposed beginning with a pull request that marks XChainBridge as obsolete in the xrpld codebase. Servers upgrading to that release would automatically vote against activation.
Support would decline as validators install the updated software. Once active validators recognize the amendment as obsolete, developers could remove the XChainBridge implementation and the related fixXChainRewardRounding code in a later release.
No pull-request deadline, software version or final removal date has been announced. The timing depends on community feedback, code review and validator upgrades.
Ripple has asked developers or organizations building with XLS-38 to present specific use cases. A credible active deployment could lead the company to reconsider its recommendation before the staged withdrawal begins.
Ripple is urging the XRP Ledger (XRPL) community to drop the proposed XChainBridge (XLS-38) amendment as it is no longer needed and has attracted little interest from developers.
Ripple engineer Mayukha Vadari said Axelar already handles bridging for the XRPL EVM Sidechain. Since there is little demand for XLS-38, removing it will also get rid of more than 10,000 lines of unused code.
Ripple is officially recommending the withdrawal of the XChainBridge amendment (XLS-38). With Axelar successfully handling the EVM Sidechain and a lack of broader developer demand, dropping XLS-38 will remove over 10,000 lines of inactive code. Read the full reasoning here 👇 https://t.co/9g8J2d5Ggi
— Mayukha Vadari (@msvadari) August 27, 2026
XRPL XLS-38 is to Connect Different Blockchains XLS-38 was created to let the XRP Ledger (XRPL) connect with other blockchains and sidechains. It seeks to allow developers to create their own sidechains, including private and experimental networks.
The system used a group of “witness servers” to monitor transactions on different chains and confirm them. This would allow assets to move between the XRPL mainnet and sidechains.
XLS-38 also aimed to connect the XRPL mainnet to the XRPL EVM Sidechain, with XRP serving as transaction fees.
Ripple Chose Axelar for the EVM Sidechain Meanwhile, Ripple chose Axelar as the bridge for the XRPL EVM Sidechain after comparing different options for security, user experience, decentralization, and long-term reliability.
Ripple said XLS-38’s witness-server system can become harder to secure and coordinate as more money moves through the bridge.
Axelar was seen as a better option because it is built specifically for connecting blockchains. It has more than 75 validators and supports more than 55 blockchains.
Ripple announced the decision in June 2024. It still kept XLS-38 open for a community vote and gave developers 12–15 months to show enough demand for it.
However, Ripple said the time given to developers has passed and there still aren’t enough projects that need XLS-38 on the XRPL mainnet. Ripple gave three main reasons:
Axelar already does the main job: Axelar handles the bridge for the EVM Sidechain, which was XLS-38’s main purpose. Low developer demand: There has been little interest in using XLS-38 for private or permissioned sidechains. Unused code takes work to maintain: Keeping inactive XLS-38 code means XRPL developers still have to maintain and secure it. Ripple says removing XLS-38 deletes over 10,000 lines of code, making the XRPL codebase easier to maintain and more secure.
Withdrawal Would Require XRPL Consensus Ripple stressed that the recommendation is not a unilateral decision. If the community supports the proposal, Ripple plans to first mark XChainBridge as obsolete in the xrpld codebase.
Validators running a version containing that change would automatically vote against the amendment and would no longer be able to vote in favor of it.
As validators upgrade, support for XLS-38 would decline. Once the network reaches consensus that the amendment is obsolete, the XChainBridge and related fixXChainRewardRounding code will be removed entirely in a subsequent software update.
Ripple Is Still Open to XLS-38 Use Cases Notably, Ripple said removing XLS-38 does not mean it is giving up on connecting the XRPL to other blockchains.
Instead, Ripple believes different projects may need different bridging technologies. Tools like Axelar and Wormhole can work for some blockchains, while other technologies, such as ZK systems and Layer-2 networks, may work better in other situations.
Ripple also asked developers already using XLS-38, or planning to use it, to share their projects before the withdrawal.
For users of the XRPL EVM Sidechain, nothing will change. Axelar will continue to connect the EVM Sidechain to the XRPL mainnet.
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.
Canary Capital CEO Steven McClurg said he expects XRP to emerge as the leading protocol for institutional financial infrastructure, pointing to newly announced lending plans on the XRP Ledger and a sharp rise in South Korean trading activity as supporting evidence.
Institutional Lending Called a Major Catalyst
Speaking on the topic of institutional-grade credit coming to the XRP Ledger through a partnership involving Cicada Credit and Clearpool, McClurg said the development could have an outsized impact on XRP. “I think it’s going to be massive,” he said, describing institutional lending as a meaningful expansion beyond activity the network has already seen.
Centralization as a Feature, Not a Flaw
McClurg addressed a common criticism of XRP, its relatively centralized structure compared with other blockchain protocols, arguing that this characteristic works in XRP’s favor for institutional use cases. “Institutional investors are going to prefer more centralized platforms,” he said, contrasting that preference with retail investors who tend to favor more decentralized alternatives. He said the XRP Ledger’s ability to generate yield would help attract additional capital as financial infrastructure gets rebuilt around blockchain rails.
South Korea Emerges as a Key Market
McClurg highlighted a 273% surge in XRP trading volume on South Korean exchange Upbit since March. He attributed the country’s outsized trading activity partly to population size and the strength of the Korean won as a crypto trading pair, saying that South Korea and the United States represent the two largest markets for XRP by currency pair volume.
He said XRP has become the clear leading protocol in the South Korean market, contrasting it with Ethereum’s stronger position in markets like the United States and Canada.
Story Ends Here
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XRP’s current price structure has prompted renewed attention as market analyst ChartNerd identified striking similarities between recent trends and XRP’s behavior during 2022. He cautioned holders that further downside may occur before the cryptocurrency establishes a firmer base for any potential long-term breakout.
Analyst compares 2022 and 2026 XRP price actionChartNerd, known for his detailed technical analysis in digital asset markets, compared the present XRP pattern to movements recorded in 2022. After the 2022 bear-market low, the crypto asset rallied nearly 90% and approached its 50-week exponential moving average (EMA). This was followed by a notable correction of about 45%, retracing much of the prior gains and retesting the previous breakout area.
The analyst described this correction as part of a typical foundation-building process. He now sees the 2026 XRP price trajectory unfolding in a similar fashion, with price action echoing many features from 2022.
ChartNerd advised investors not to be discouraged if XRP traces a comparable path of retracement before any sustained rally can develop.
A key indicator discussed by ChartNerd is the death cross—a technical pattern created when a short-term moving average crosses below a long-term moving average, generally viewed as a bearish signal. He noted that this development appeared in both 2022 and 2026, leading to further losses after XRP failed to reclaim the 50-week EMA.
Mini dictionary: Death cross, a chart pattern where a short-term moving average crosses below a long-term moving average, signaling potential weakness in an asset’s price trend.
XRP’s recent lows and resistance levels emergeHighlighting further comparisons, ChartNerd indicated that while June 2022 established XRP’s bear-market bottom, the June low in the current cycle did not actually become the cycle’s final low. After momentarily holding above $1, XRP revisited that threshold and then marked a new low this month around $0.98.
From that recent low, XRP rallied toward its 50-week EMA, reinforcing ChartNerd’s parallel between the current price structure and the previous cycle.
He emphasized that the $0.98 threshold may be a significant technical level for investors to monitor, as the price action remains closely tied to its interaction with the 50-week EMA.
The 50-week EMA remains central for tradersChartNerd identified the 50-week EMA, currently near the $1.50 to $1.60 range, as the critical barrier. If XRP tests this region but fails to break above it, the analyst warns that a renewed decline toward recent lows could follow, mirroring events seen in 2022.
He clarified that his analysis does not guarantee that history will repeat, but highlighted the structural similarities that traders may wish to consider.
Without making direct predictions, ChartNerd reiterated the importance of the 50-week EMA as a technical resistance zone and advised investors to pay attention to how XRP reacts around this level in the coming weeks.
For traders and investors assessing XRP’s prospects, the interaction with the 50-week EMA could signal whether another consolidation or pullback is likely before any sustained uptrend is possible.
YearXRP RallyCorrectionCritical Level2022~90% rally to 50-wk EMA~45% retrace$1 (bear-market bottom)2026Rally from $0.98 toward 50-wk EMAPotential correction if rejected$1.50–$1.60 (50-wk EMA)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 recorded a remarkable recovery over the past week, climbing more than 47% to approach the crucial $1.50 resistance zone. The powerful upward move came after XRP had reached its lowest level of the year near $1.00 in early August, prompting renewed optimism among investors and traders.
Key resistance retested after sharp rallyThe digital asset’s recent surge was driven by intensified buying, resulting in a rapid, near-vertical rally that pushed prices into a well-established resistance area. The $1.50 mark has repeatedly proven challenging for XRP bulls, acting as a ceiling during the past few months despite several breakout attempts.
Crypto chart analyst Dom, active on X under the handle @traderview2, pointed out that breaching the $1.50 barrier remains essential for any further upside. He identified this overhead hurdle as the defining pivot for unlocking a potential move toward $1.80, with many traders monitoring whether sustained bullish activity can finally propel the token past this multi-month trading range.
XRP has repeatedly attempted to close above $1.50 without success, but strong buyer momentum could make $1.80 the next target if this resistance finally gives way.
Dom highlighted that the level has acted as resistance on at least four occasions this year. Each time, initial rallies have faced immediate rejection, leading to corrections and prolonged periods of price consolidation.
Chart analysis reveals a prominent horizontal resistance at $1.50, marked by multiple failed breakouts in February, March, April, and May. Traders often monitor such zones for signs of renewed momentum or another reversal.
Mini dictionary: Value Area Low – In technical analysis, the Value Area Low (VAL) is the lower boundary of the price range where the majority of volume has traded over a set period. It helps traders identify potential support levels and points of accumulation.
Liquidity sweep and pullbackDuring the recent upswing, XRP briefly pierced the $1.50 mark, triggering liquidity sweeps as traders sought to capitalize on short-term moves. Despite this momentum, sellers responded quickly, sending prices back below the resistance within the same daily session.
The current structure shows a V-shaped recovery pattern, with buyers aggressively pushing prices upwards, followed by a pullback as the market digested gains above $1.50. A long upper wick on the daily chart underscores the dynamic between buyers seeking a breakthrough and sellers defending the resistance.
According to Dom, if buyers manage to sustain consolidation and build support above $1.50, market participants may target $1.80 as the next key level for XRP. The analyst described $1.80 as the “ticket,” signaling the next major area of interest for bullish traders.
A clean hold above $1.50 would set the stage for $1.80, with relatively low resistance in between.
Market outlook remains cautiousWhile recent price action has reignited optimism, XRP’s history at this resistance suggests that traders remain cautious. Previous attempts to break above $1.50 have resulted in strong reversals, and many participants continue to watch for confirmation of a sustained hold before increasing exposure.
If the token fails to solidify its position above the resistance, another period of consolidation or downside movement remains possible. For now, all eyes are on whether bullish momentum can translate into a decisive breakout.
Attempt MonthResistance LevelOutcomeFebruary$1.50RejectedMarch$1.50RejectedApril$1.50RejectedMay$1.50RejectedAugust$1.00 (Value Area Low)Support, rebound startedDisclaimer: 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 showing a notable technical signal that has rarely emerged in its recent trading history, according to analyst Steph Is Crypto. The Moving Average Convergence Divergence (MACD) indicator on the two-week chart is approaching a golden cross, a formation that technical traders often associate with the start of a bullish trend.
Historical MACD signals in focusThe golden cross occurs when the blue MACD line crosses above the red signal line after a period of downward momentum. Steph Is Crypto described this development as “literally imminent,” indicating it could appear within one to two days.
Historical data shows the significance of this event. In September 2022, XRP formed a golden MACD cross near $0.53, close to the end of the previous bear market cycle. Over the following period, the asset surged, eventually reaching a peak of $3.65 in 2025.
A second golden cross appeared in October 2024, with XRP entering another rapid climb—rallying 500% by the end of that year. The analyst noted that the digital asset generated a sixfold return from this price setup within weeks.
In previous cycles, a golden MACD cross has signaled powerful rallies in XRP, with the asset delivering a 6x move from this setup. Two such signals preceded significant market momentum, and a third is now approaching.
Steph Is Crypto pointed to these two historical signals as key factors underlying optimism about the current technical setup.
Mini dictionary: MACD (Moving Average Convergence Divergence), a technical indicator used to identify changes in momentum, strength, and direction in price trends. A “golden cross” in this context refers to the MACD line crossing above the signal line, considered bullish by many analysts.
Critical price resistance at $1.60Despite the emerging technical signal, one important hurdle remains. XRP recently attempted to break above the Exponential Moving Average (EMA) ribbons situated between $1.60 and $1.70. The move was rejected, preventing confirmation of a sustained upward trend.
Steph Is Crypto emphasized that for the bullish scenario to be validated, the price must close and maintain a level above $1.60 for at least one weekly candle. Securing this threshold would confirm the broader structure and potentially set the stage for significant upward movement. Failing to hold above this level, however, could lead to additional downside risk for the digital asset.
EventMACD Golden Cross DateXRP Price at SignalPeak Reached AfterwardFirst signalSeptember 2022$0.53$3.65 (2025)Second signalOctober 2024Not specified500% rally by year-endCurrent setupAugust 2026 (expected)N/AYet to be determinedAnalyst outlook and investor watchpointsShould XRP hold above the EMA ribbons and confirm the golden MACD cross on the two-week chart, Steph Is Crypto anticipates a major rally comparable to those seen in past cycles. While no specific price forecast has been provided for the current period, the analyst referenced the previous 6x gain as an indicator of what might be possible if conditions align.
Holding above $1.60 and confirming the MACD golden cross would validate the bullish signal for XRP, setting up the potential for a substantial upward move similar to previous rallies.
The key level of $1.60 forms the boundary between a confirmed bullish structure and what could become a bull trap if the price falters. Investors are closely monitoring both the golden cross and price action near this resistance zone in the immediate term.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Options markets are rarely subtle when traders are nervous. Right now, they are signaling that XRP, SOL, ETH, and BTC all have meaningful price swings in store before August 30, and the derivatives math behind those signals is worth understanding.
Implied volatility is the market’s collective guess about how much an asset will move, baked into the price of options contracts. When traders expect turbulent crypto markets, options get pricier, and those premiums tell you exactly how much turbulence the crowd is pricing in.
What the numbers actually say Bitcoin’s 30-day implied volatility is sitting at roughly 36%, which sounds calm by crypto standards but still points to swings that would rattle most traditional asset classes.
BTC itself is trading around $78,000, and ETH is near $2,480, while SOL is hovering in the $96-$97 range and XRP is around $1.47.
XRP is the most interesting story in this group. Its options open interest has been approaching $100 million, and its implied volatility is frequently running higher than BTC, ETH, and SOL simultaneously.
Deribit, the dominant venue for crypto options, gives traders a granular toolkit here. Daily, weekly, and monthly expiry windows allow precise implied move calculations for each timeframe, so a trader can isolate exactly how much movement the market is pricing in before August 30 versus, say, end of September.
The mechanism most commonly used for these calculations is the straddle: buying both a call and a put at the same strike price. The combined premium of that position represents the market’s best estimate of how far the underlying asset will travel in either direction before expiry.
Why options expiries move markets Crypto options expiries have a well-documented history of influencing spot prices in the days leading up to settlement. This happens because market makers who have sold options need to delta-hedge their books, buying and selling the underlying asset as prices drift toward or away from large strike concentrations.
Recent expiry cycles have featured multibillion-dollar notional values for both BTC and ETH contracts, large enough to shape short-term sentiment meaningfully.
XRP’s elevated open interest adds another layer of complexity. When open interest is high relative to typical daily volume, the market is carrying a larger-than-usual position that needs to be resolved at expiry. That resolution can create abrupt price adjustments if the market moves against the dominant positioning.
Reading the signals, not just the noise A 36% implied volatility for BTC in a period of relative calm is a reminder that derivatives traders are still pricing in a world where a macro development, regulatory headline, or large liquidation event can reprice the entire asset class in hours.
For anyone holding spot positions in these assets, the options market’s implied moves function as a useful calibration tool. If options are pricing in a 10% move in either direction before month-end, a trader who is unprepared for the downside scenario is effectively ignoring market-priced risk.
The elevated XRP open interest near $100 million deserves particular attention from holders of that token. High open interest ahead of expiry has historically preceded sharp post-expiry moves, as the dominant side of the trade gets flushed out and the market reprices to reflect actual supply and demand rather than derivatives positioning.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Active addresses on the XRP Ledger jumped 654.71% in a sharp burst of network engagement, a move that stands out against the token’s otherwise sleepy price action. The surge brought active addresses to roughly 356,000, a figure that dwarfs the network’s recent daily averages.
XRP has spent much of 2026 trading around the $1 mark, closing recently at levels not seen since late November 2024.
The numbers behind the spike To appreciate how unusual this surge is, consider the baseline. August 2026 saw daily active addresses average around 35,700, itself a 35% increase from July’s average of roughly 26,400. One-day peaks during August topped out at about 49,900 addresses.
Transaction activity has been trending upward alongside the address growth. In late August, successful transactions on the XRPL increased by approximately 65.5%, while overall transaction volume rose by around 38.5%. The second quarter of 2026 logged 222.4 million transactions, the second-highest quarterly total ever recorded on the ledger.
Meanwhile, the XRPL crossed a milestone earlier this year: more than 8 million activated accounts by July, up from roughly 7.85 million in March. New address creation, though, has remained comparatively flat at around 2,260 per day. That gap between activated accounts and new address growth hints that existing holders, not fresh arrivals, are becoming more active.
The stablecoin and tokenization factor One driver that keeps surfacing in XRPL data is tokenization activity, particularly around Ripple’s RLUSD stablecoin. By mid-2026, roughly 59,000 holders were using stablecoins on the XRP Ledger. RLUSD launched as Ripple’s answer to USDC and USDT, targeting institutional settlement use cases rather than retail trading.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
XRP has surged past a key resistance level, renewing optimism for extended gains after months of limited upside. The token’s recent breakout brings the $1.55 threshold to the forefront, with market participants tracking whether XRP can sustain a move above this critical area.
Technical breakout and price actionCurrently, XRP is trading at $1.48, reflecting a 1.32% decline over the last 24 hours. Trading volume has reached $7.83 billion, and its market capitalization stands at $93.13 billion. Despite the dip, technical signals point to renewed buying interest, following an extended period of price consolidation below resistance.
Crypto analyst Crypto Patel highlighted that XRP recently broke through a resistance barrier that held for nearly seven months. This move was coupled with a weekly candle that produced an approximately 70% gain, bringing new attention to the $1.55 level as a potential pivot for future movement.
After escaping its accumulation zone, XRP demonstrated strong performance, intensifying scrutiny over whether prices can establish a solid foothold above $1.55. Failure to do so may lead to further consolidation or a retracement toward lower support levels, such as $1.
Short-term risk and long-term outlookPatel advised against aggressive buying at current levels, suggesting that a move toward the $1 area could create a new accumulation phase. Looking further ahead, he continues to watch the $5 to $10 zone as a longer-term price range, though he noted this would require sustained demand and XRP overcoming multiple resistance points.
Patel maintains that while the $1.55 resistance is fundamental for confirming the uptrend, any inability to hold above this level may reestablish a base closer to $1. Longer-term upside toward $5 or $10 will likely hinge on persistent bullish sentiment and significant buyer interest.
XRP’s technical indicators reflect its recent surge. The price climbed above the upper Bollinger Band at $1.49946, signaling overbought conditions. The central band is at $1.12589, and XRP’s current price hovers near $1.48. This breakout, according to analysts, is evidence of strong upward momentum fueled by heightened market activity.
The bullish trend is reinforced by the MACD oscillator. The MACD line has risen to 0.09700, topping the signal line at 0.03738, with a histogram value of 0.05963 suggesting growing divergence between the two lines. These technical findings support the notion that XRP has established a significant rally, with momentum on its side for now.
Impact on broader market trendsThe passage through $1.55 is widely considered a signal for the start of a more robust uptrend. However, a failure to hold above this area could prompt a retracement and the formation of a fresh accumulation base.
Analysts acknowledge that a true test of XRP’s staying power lies in its capability to maintain bullish momentum through potential retracements and resistance levels. For now, the tokens’ breakout positions Ripple back into the market spotlight, with traders and investors watching for confirmation of a new trend, or signs that the recent gains may prove transitory.
Amid these technical dynamics, the broader market is also witnessing structural changes in how traditional assets are accessed. While traditional markets have relied on layers of complex brokers, Wall Street is increasingly pivoting to Web3 infrastructure. Investors now use platforms like 1stepSwap to hold shares of major U.S. companies, gold, and silver within their crypto wallets. The tokenization of Real-World Assets (RWAs) and live price optimization eliminate intermediaries, aligning both digital assets and conventional markets into a unified trading environment.
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.
SWIFT reported that three out of four payments on its global messaging network now arrive at beneficiary banks in under 10 minutes, highlighting a major improvement in cross-border payment speeds. Despite this progress, delays persist after the payment has reached the receiving institution, with post-arrival processing now representing the primary obstacle to true real-time transfers.
Last-mile friction in paymentsThe company published new data with the release of its Payment Optimisation Index and Playbook, presenting an industry-wide evaluation of where holdups remain across the payment lifecycle. SWIFT stated that while the cross-border “in-flight” period—the time when funds move between banks internationally—now accounts for less than 20% of overall payment duration, approximately 80% of the time taken for end-to-end delivery comes from activities within the destination institution. This includes final validation, compliance checks, internal routing, and crediting to the recipient’s account.
Complex regulatory requirements, country-specific currency controls, inconsistent 24/7 access to payment infrastructure, and manual processes within banks contribute significantly to these last-mile delays. The impact of these challenges varies widely depending on local systems and internal protocols, resulting in uneven customer experiences even when the core network is performing efficiently.
Supporters of XRP have highlighted that speed and cost challenges often arise once traditional cross-border payments exit the main messaging networks, with the “last mile” becoming a persistent bottleneck for correspondent banks.
Industry trends and crypto market reactionsSWIFT’s focus on downstream inefficiencies has attracted the attention of the digital asset community. Proponents of blockchain-based solutions, such as those using the XRP Ledger and Ripple’s On-Demand Liquidity (ODL), have frequently referenced these bottlenecks in their critique of established banking channels. Ripple, a US-based fintech company, champions blockchain-powered alternatives to traditional correspondent banking by offering faster settlement and lower costs for international payments.
SWIFT remains committed to advancing its services within the established financial system, but is also exploring technologies like blockchain ledgers in specific scenarios. Its latest performance statistics are in line with the G20’s policy objectives for improving cross-border payment speed, cost, and transparency by 2027.
For commercial banks and payment providers, the findings suggest that further improvements will depend heavily on streamlining domestic processing, compliance checks, and local infrastructure once payments reach their destination. SWIFT’s new framework aims to guide financial institutions in identifying and resolving these persistent issues.
Whether the next breakthroughs involve enhanced legacy systems, stablecoins, or innovations like digital asset bridges leveraging XRP, industry analysts broadly agree that attention has shifted to eliminating the final stages of friction in cross-border payments.
Mini dictionary: SWIFT, the Society for Worldwide Interbank Financial Telecommunication, is a cooperative supporting financial institutions worldwide with secure messaging services and standards for international payments.
Payment StageShare of Total TimeIn-flight (between banks)Less than 20%Post-arrival processingApproximately 80%The publication of the Payment Optimisation Index is expected to provide a common structure for banks, market infrastructures, and policymakers to address last-mile inefficiencies across global financial networks.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
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The altcoin market is showing fresh strength after months of weak performance, but analysts are still waiting for stronger confirmation before calling it a full-fledged altseason. The altcoin market cap jumped $215 billion, or more than 24%, between August 19 and 22.
According to analyst Darkfost, the rally has reversed a long period of inactivity when around 80%-85% of Binance-listed altcoins were trading below their 200-day moving averages. He sees the scale of the move as an early altseason, but says the market is now looking overbought and sees a short-term pullback. Looking at the current sentiment, another crypto analyst Known as Crypto kid is also bullish on selected altcoins but says traders should not mistake the current rally for a confirmed altseason. Here are the few altcoins he is watching.
XRP Remains the Top PickXRP stands out as the top altcoin pick after its strong recent recovery.
The current indication is the falling-wedge formation, followed by a multi-cycle retest and bullish pennant.A double-candle reversal then provided another bullish sign. From around $1.16, XRP rallied roughly 39%-40%, while the move from the original signal reached about 45% at its peak.However, XRP is now facing major resistance around the neckline of a large double-top formation connected to its 2021 bull-market highs.The analyst is holding his spot XRP for the long term but says traders using leverage should consider taking profits after such a sharp move.Hyperliquid Gets Strong Fundamental SupportHyperliquid (HYPE) is another major project on the analyst’s radar.
At present HYPE is one of the strongest projects in the market because its business model generates revenue that can directly support the token through repurchases.Institutional investors have also shown strong interest in Hyperliquid.Moreover, President Trump recently announced that HYPE can potentially become available for US perpetual derivatives trading, with Mike Selig mentioned as working on the possibility.If access to the US market expands, higher trading activity may increase Hyperliquid’s revenue and potentially create additional token-buying pressure.Zcash Gains Momentum After BreakoutZcash (ZEC) has also emerged as a trading opportunity after breaking out of a bullish pennant.
The analyst believes Bitcoin generally leads major market moves before capital rotates into altcoins. Zcash remains the standout altcoins this cycle, surging above $850 and gaining over 70% in a week, its highest level since 2018.Meanwhile, Grayscale made two Zcash ETF filings in August, while a DCG subsidiary is discussing contributing around 200,000 ZEC to the fund.While he does not strongly favor Zcash from a fundamental perspective, he sees the technical breakout as an opportunity worth watching.Solana Eyes $150 After Key BreakoutSolana (SOL) is showing a setup that the analyst compares with its 2023 price structure.
SOL has consolidated after a period of weakness and is now approaching important EMA resistance.A confirmed weekly breakout above around $98 possibly builds the setup.If that level is successfully reclaimed and held, the analyst sees $150 could become a realistic next target.He is accumulating SOL through spot holdings rather than leverage, given the volatility across altcoins.Is Altseason Finally Here?Not yet, according to the analysts. Bitcoin dominance remains around 59.69%, while Ash Crypto says a sustained move below 58% would provide stronger confirmation of a broader altcoin rotation. The Altcoin Season Index is at 48, well below the 75 threshold generally associated with altseason.
Darkfost sees the recent rally as an early movement, but the market may need to cool before another major move. If Bitcoin continues higher and capital starts rotating more consistently into altcoins, the current rally could develop into a broader altseason.
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Ripple (XRP) and Stellar (XLM) are showing signs of renewed strength after rallying over 53% and 27% in the previous week. Meanwhile, both altcoins are approaching key technical levels on Tuesday that could determine their next move. However, mixed on-chain signals with a slight bearish tilt suggest traders remain cautious amid the recent price gains.
On-chain data shows mixed biasCryptoQuant’s summary data shows cautious optimism. XRP’s futures markets show large whale orders but overheating conditions after the recent price surge. Other metrics remain neutral, highlighting a mixed sentiment among traders.
Meanwhile, XLM shows selling-side dominance in both markets and large whale orders, hinting at cautious sentiment among traders.
XRP summary chart. Source: CryptoQuant
XLM summary chart. Source: CryptoQuantDespite this mixed outlook, institutional demand for XRP remained robust. SoSoValue data showed spot Exchange Traded Funds (ETFs) recorded a $13.82 million inflow on Monday, marking the fifth consecutive day of inflows since last week. If this trend continues and intensifies throughout the week, XRP could extend its rally.
Total XRP spot ETF net inflow daily chart. Source: SoSoValueXRP technical outlook: Nears key resistance zoneXRP price trades at $1.526 on Tuesday after surging over 53% in the previous week. XRP maintains a clear bullish near-term bias, holding well above the 50-day, 100-day and 200-day Exponential Moving Averages (EMAs) clustered between roughly $1.157 and $1.350, which now underpin the uptrend.
The Relative Strength Index (RSI) around 82 signals overbought conditions, while the Moving Average Convergence Divergence (MACD) stays positive with the line above its signal and a still-broadening histogram, suggesting strong but stretched upside momentum.
On the topside, immediate resistance emerges at $1.526, the nearby horizontal cap just beyond the current price, with a higher resistance at $1.900.
On the downside, the rising EMA cluster provides initial support, led by the 200-day EMA at $1.350 and the 100-day and 50-day EMAs at $1.188 and $1.157, respectively. At the same time, a deeper pullback could revisit the horizontal floor near $1.000 if profit-taking accelerates from overbought territory.
XRP/USDT daily chartXLM technical outlook: 200-day EMA holds strongStellar price trades at $0.196 on Tuesday after rallying over 27% last week. The near-term tone is bullish as price holds above the 50-day, 100-day and 200-day EMAs clustered between roughly $0.180 and $0.190, suggesting a constructive base after the recent breakout.
The RSI hovers near 65, pointing to firm yet not extreme upside momentum, while the Moving Average Convergence Divergence (MACD) remains positive with the MACD line above its signal line and a still‑positive histogram, hinting that buyers retain control despite the broader downtrend resistance line still looming overhead.
On the topside, initial resistance is seen at the 61.8% Fibonacci retracement near $0.200, with further barriers at the 50% retracement around $0.218 and the 38.2% Fibonacci retracement level near $0.237.
On the downside, immediate support emerges at the 200-day EMA around $0.190, followed by a dense demand zone formed by the 100-day and 50-day EMAs at $0.179 and $0.177, and the nearby horizontal support at $0.177.
XLM/USDT daily chart(The technical analysis of this story was written with the help of an AI tool. Know more.)
Bitcoin is trading marginally higher on Monday as cryptocurrencies digest last week’s gains.
Notable Statistics:
Coinglass data shows 90,337 traders were liquidated in the past 24 hours for $420.39 million. SoSoValue data shows net inflows of $307.5 million from spot Bitcoin ETFs on Friday. Spot Ethereum ETFs saw net inflows of $184.9 million. In the past 24 hours, top gainers include Injective, POL and Pudgy Penguins. Notable Developments:
Bitcoin’s 7-Sigma Move Signals a Big ‘Macro Transition’Strategy Raises $2 Billion as Bitcoin’s 24% Surge Turns Holdings ProfitableBitcoin Will Go To $85,000 Before a Dip but the Real Story Is Its Role in the AI Economy, Expert ArguesBitmine Buys $81 Million In Ethereum as BMNR Surges 4%: What’s Going On?CRCL Could Hit $140, Says Bernstein as Cathie Wood Praises Circle’s DisruptionEthereum Surged 30%, Watch Stocks to See What Happens Next, Top Analyst SaysThe Bitcoin, Ethereum, XRP Record Week Was Just ‘The Beginning,’ Prominent Analyst SaysTrader Notes:
Michael van de Poppe said “hyped” bullish sentiment could trigger a brief market sweep, flushing out leveraged long positions.
Crypto chart analyst Ali Martinez said Bitcoin’s reclaim of the 1,130-day SMA above $74,000 is a bullish signal, noting the level has historically marked the end of bear markets.
If the pattern repeats, Martinez believes Bitcoin’s bottom may already be in.
Daan Crypto Trades said Bitcoin is still outperforming most top 50 altcoins, with rising BTC dominance signaling a healthy Bitcoin-led breakout.
He added that widespread rallies in riskier altcoins typically emerge closer to a local market top.
Image: Shutterstock
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Leading cryptocurrencies and adjacent equities climbed on Monday as sustained demand continued to drive the ongoing rally.
Crypto Market AscendsBitcoin came close to breaking above $80,000 as strong buying continued to fuel its rally. Trading volume jumped 78% over the last 24 hours.
Ethereum rose to its highest level in almost seven months, trading between $2,425 and $2,530. Dogecoin was the outlier, falling 0.57% in the last 24 hours.
Cryptocurrency-related stocks also lifted, with Strategy Inc. (NASDAQ:MSTR) and Bitmine Immersion Technologies Inc. (NYSE:BMNR) closing up 2.83% and 5.74%, respectively.
Over $420 million was liquidated from the cryptocurrency market in the last 24 hours, nearly evenly split between long and short positions, according to Coinglass data.
Bitcoin’s open interest fell 1.21% over the last 24 hours. Smart money sentiment, which refers to the collective outlook and capital allocation of institutional investors, turned "extremely bullish."
Top Gainers (24 Hours)
The global cryptocurrency market capitalization stood at $2.68 trillion, following an increase of 2.36% over the last 24 hours.
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S&P 500 Closes in the RedMajor indexes started the new trading week lower. The S&P 500 slid 0.28% to close at 7,652.86, while the tech-focused Nasdaq Composite declined 0.76% to end at 25,980.19.
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The Dow Jones Industrial Average was the silver lining, rallying 140.15 points, or 0.26%, to settle at 53,417.16.
Nvidia Corp. (NASDAQ: NVDA) second-quarter earnings report could be the key market catalyst this week.
Investors will later turn their attention to Fed Chair Kevin Warsh’s Friday speech at Jackson Hole, watching for signals about the central bank’s long-term monetary policy plans.
Another Bitcoin Bull Signal?Ali Martinez, a widely followed cryptocurrency analyst and trader, noted Bitcoin reclaiming its 1,130-day simple moving average as support after 80 days.
“Over the past four market cycles, Bitcoin began a new bull market shortly after reclaiming this moving average,” Martinez stated. “If history repeats, the market bottom may already be in.”
Michaël van de Poppe, another popular cryptocurrency researcher, said Bitcoin’s liquidity sweep of recent lows around $76,400, or, in a worst-case scenario, $74,000, could pressure altcoins lower.
Van de Poppe warned that even in a mild correction, altcoins can drop 10%-20% rapidly due to their higher volatility relative to Bitcoin.
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Photo Courtesy: Sodel Vladyslav on Shutterstock.com
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Nomura's Digital Asset Arm Breaks a Four-Year Licensing GapLaser Digital Japan, the Japanese subsidiary of Nomura's digital assets arm, has completed its registration as a Crypto Asset Exchange Service Provider under Japan's Payment Services Act.
Liquidity First, Institutional Trading to Follow
The timing is deliberate.
Sources:
Nomura Holdings: Laser Digital Japan Receives Regulatory Approval
Laser Digital Official Announcement
CoinDesk: Nomura-backed Laser Digital Wins Japan's First Crypto Approval in Four Years
Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.
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XRP has moved from under $1 to around $1.50 in less than two weeks, crowding news headlines with its rally. Now, is it time to bank gains into strength, or keep full exposure to a trade that is increasingly running on leverage rather than fresh spot demand?
XRP briefly touched $1.69 on August 22 before retreating toward the $1.50–$1.53 range. By August 23, the token was at $1.48, up 47.77% over seven days, with a market cap of $92.95 billion and $22.45 billion in daily volume.
The rally is also riding a strong market backdrop. Bitcoin climbed from $62K to $77K over the same window, while the crypto Fear & Greed Index reached 67, classified as Greed. XRP has simply moved much faster, with spot ETF inflows adding another layer of demand.
Discover: The Best Token Presales
The Overbought Signal and a Long Heavy Derivatives BookSpot XRP ETFs recorded $18.38 million in net inflows on August 21, with Bitwise accounting for about $16.89 million. Weekly inflows approached $40 million, reportedly the strongest week for XRP ETFs since May. Cumulative net inflows are near $1.55 billion.
That gives XRP a legitimate spot demand story. The problem is that tens of millions in weekly ETF inflows remain small compared with a market cap above $90 billion. The rally, therefore, appears to be getting help from both real demand and increasingly aggressive derivatives positioning.
XRP ETF, CoinglassThe technical picture adds another warning. One widely cited reading placed daily RSI near 85.4, deep into overbought territory, while other estimates put it between 70 and 83. Neither guarantees a reversal, but both show how far XRP has moved in a very short period.
Leverage tells the more concerning story. XRP futures open interest jumped 34.49%, or roughly $939 million, to about $3.66 billion over seven days. Binance positioning data showed 72.1% of accounts long versus 27.9% short.
That is a crowded trade. Twenty-four-hour liquidations reached $70.74 million, with longs accounting for $54.68 million, or 77.3% of the total. Three-day liquidations reached $145.15 million, while the largest single wipeout hit $50.27 million on August 22.
XRP Liquidation, CoinglassFunding also remained positive at 0.01% every four hours, equivalent to an annualized rate near 24.94%. Longs are still paying a premium to stay in the trade even after taking heavy losses.
Short covering helped fuel the earlier move, too. At present, roughly $2.2 million in short positions are at risk as XRP pushed through $1.40 to $1.50. But forced short covering is less durable than unleveraged spot buying.
That makes taking some profit increasingly reasonable. A 20% to 30% trim around current levels would lock in part of the gain while retaining exposure to a possible move toward $1.65 to $1.70 and potentially $2.
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Forget The News, XRP Still Has a Structural Bull CaseThe bullish case is not purely technical noise. Ripple CEO Brad Garlinghouse joined the inaugural meeting of the CFTC’s Innovation Advisory Committee alongside representatives from major financial institutions. He described the group as an “Olympic roster of crypto.”
That is notable for XRP, which spent years fighting an SEC enforcement action. Still, the committee seat is a policy forum role, not a court ruling or formal legal classification. The SEC’s new “Regulation Crypto Assets” proposal also does not settle the separate Ripple case.
The CLARITY Act remains another major variable. The legislation could classify XRP as a digital commodity under CFTC oversight, but political momentum does not guarantee passage. That uncertainty leaves the rally exposed to disappointment if expectations run ahead of reality.
RLUSD adds to the Ripple ecosystem story, with its market cap growing to roughly $2.1 billion from about $1.5 billion at the start of the year. However, apart from the news, this does not prove direct demand for XRP because the two assets serve different functions.
However, after a 50% rally in less than two weeks, taking something off the table is not the same as turning bearish. It simply means keeping exposure to the upside while making sure the market does not take back gains that are already there.
Discover: The Best Crypto to Diversify Your Portfolio
XRP price hovered near $1.47 after cooling, following a 50% surge during the past week.
The overall cryptocurrency market has gained 1.61% in the last 24 hours, and the market cap has reached about $2.62 trillion.
Bitcoin price stayed above $77,000, and Ethereum price stood at $2,400 as the improving mood boosted profits in the cryptocurrencies. The institutional and retail involvement rose with the Fear and Greed Index remaining in the greed range.
Institutional Demand Strengthens XRP Rally Institutional growth optimism was boosted as spot XRP exchange-traded funds (ETFs) had their highest weekly inflows since May. The product got $39.8 million in 4 weekly inflow sessions.
That was their highest week since mid-May when similar funds raised about $60.5 million.
Spot $XRP ETFs just saw their best week since May.
Spot @Ripple ETFs are on a four-day net inflow streak, and have recorded a staggering +$39.8M in net inflows this past week.
This is the biggest single-week net inflow the ETFs have seen since mid-May, when they clocked some… pic.twitter.com/7E3eYyVAq5
— BSCN (@BSCNews) August 23, 2026
Daily net inflows for United States spot XRP ETFs on August 21 were worth $18.38 million.
Trading volume of the listed products was valued $94.03 million which maintained the investors’ interest.
Total net assets rose to $1.33 billion and cumulative inflows since launch rose to $1.55 billion.
That equated to almost 1.54% of XRP’s total market value, which demonstrates the products’ growing market share.
Source: Sosovalue data But, XRP needs to defend the recent support levels to continue the momentum following its surging weekly rise.
Demand for the ETF coupled with a relatively quiet environment could encourage further advances but there is a near-term risk of profit-taking.
Will the Rally Continue? As of writing, the XRP price rallied almost 50% during the weekly rally, reaching the $1.45 mark. The token, however, fell back from $1.60 after traders took profits on the sharp rally.
On the 4-hour chart, XRP is still holding to the critical $1.40 support level. This area is the key to see if the bigger bull market structure is going to hold or not.
The Relative Strength Index fell back to 58.80 from overbought levels. This pull-back indicates that momentum has weakened a bit, however, XRP remains moderately bullish.
The MACD line meanwhile crossed below the signal line, engendering a bearish crossover. The negative histogram reading of 0.0170 also points to increasing short term pressure.
Source: XRP/USDT 4-hour chart: TradingView A recovery above $1.50 could help XRP target the recent $1.60 resistance level. The momentum above $1.60 could pave the way to levels of $1.70 and $1.80.
But the loss of $1.40 could lead to more losses for XRP with a move back to $1.30. If selling pressure persists, the next major support level would come at $1.20.
After a 52% jump in valuation over a week, one XRP (CRYPTO: XRP) analyst says the token could extend its sharp rebound toward $2 if bulls defend a key support zone.
Will XRP Bulls Defend a Key Zone?Cryptoinsightuk says XRP’s $1.36-$1.43 range is his first area of interest after the altcoin’s aggressive move off recent lows.
The trader noted that buyers have repeatedly defended the zone following XRP’s move to $1.70.
The detailed X post on Monday highlighted that subsequent retests have also held, potentially establishing a series of higher lows.
The latest consolidation could be the beginning of a higher-low structure.
However, Cryptoinsightuk acknowledged that XRP could instead be forming a deeper ABC correction.
He believes continued strength in Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) could provide enough market-wide momentum for XRP to resume its rally.
Could XRP Race Above $2?The trader also warned investors not to underestimate XRP’s ability to make rapid moves during periods of expanding crypto volatility.
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He pointed to 2017, 2021 and 2024 as examples of periods when XRP price action became "extremely aggressive," leaving traders with limited opportunities to enter on meaningful pullbacks.
If XRP produces another weekly candle similar to last week, Cryptoinsightuk said the token could potentially already be trading above $2.
Cryptoinsightuk stressed that he is not advocating chasing green candles. Instead, he said his strategy has been to dollar-cost average during weakness in preparation for the possibility of an explosive recovery.
Volatility Could Be ReturningThe trader said crypto has just emerged from one of the lowest-liquidity and lowest-volatility periods he has witnessed, potentially setting the stage for much larger price swings.
"Does that mean XRP is about to explode right now? No. Nobody knows," Cryptoinsightuk said in a separate post.
Image: Shutterstock
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Last updated:
XRP trades at just under $1.50 after failing to hold the handle. The question now is whether this is a routine cooldown or the start of something uglier. Here’s our full XRP price prediction.
Just last week, XRP spiked over 20%, briefly touching $1.70 on August 22, its highest print since January. The rally unwound fast once Bitcoin stalled near $80,000 and dropped below $76,000, triggering a market-wide leverage flush that dragged XRP down with it.
$XRP ran from $1.00 to $1.70 fast. Now sitting at $1.47–$1.50 cooling off. Structure still intact — this looks like a reset, not a reversal.https://t.co/XWBgZfmqS5
— Ripple Bull Winkle | Crypto Researcher 🚀🚨 (@RipBullWinkle) August 24, 2026 Daily RSI hit roughly 80, way overbought territory, just right as price hit the $1.70 resistance zone, an area stacked with trapped longs from multiple 2025 swing highs looking to break even.
Bitcoin has since clawed back to around $77K, but the broader market has largely priced in last week’s positive catalysts and needs something new to keep pushing higher. For XRP specifically, that “something new” has a name and a date: the Clarity Act, potentially hitting the Senate floor in mid-September.
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XRP Price Prediction: Hit $1.70 Again This Week?XRP is consolidating in a tight band between $1.45 support and $1.51 resistance, with the daily pivot sitting at $1.49, essentially a coin flip zone. Volume has cooled from last week’s frenzy, a sign the FOMO-driven buying has largely exhausted itself for now.
Trading above every major daily moving average still technically favors bulls, but stretched momentum after a 51-52% weekly gain rarely resolves cleanly. If A Senate vote on the Clarity Act in September removes regulatory overhang, spot volume could surge, and XRP could clear $1.70 to challenge $2 and eventually $3.
However, price could chop in the $1.40-$1.51 range while the market waits for a catalyst, testing patience more than conviction. A clean break below $1.45 opens the door to the 0.382 Fibonacci support at $1.35-$1.40, with deeper structural floors at $1.25 and $1.18 if momentum fully unwinds.
A bullish structure survives a test of $1.35, but it won’t survive a break below it.
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LiquidChain Targets Early Mover Upside as XRP Tests Key LevelsAnyone who bought XRP under $1.20 last week is sitting comfortably. But here’s the uncomfortable math: even a clean breakout to $3 from here is roughly a 2x from current levels. It’s solid, but not the kind of move that changes a portfolio’s trajectory.
At XRP’s market cap, the era of 50x moves is over. That capital has to go somewhere if traders want asymmetric upside, and increasingly it’s rotating toward earlier-stage infrastructure plays.
LiquidChain is one of the presales absorbing that rotation. It’s a Layer 3 execution environment fusing Bitcoin, Ethereum, and Solana liquidity into a single unified layer. With Liquid, developers deploy once and reach all three ecosystems, rather than fragmenting liquidity across chains.
The presale sits at $0.0149 per token with $950K raised so far, still 100X from here to the current XRP price.
Core features include Single-Step Execution and Verifiable Settlement, both aimed at solving the cross-chain liquidity fragmentation problem that’s plagued DeFi for years.
Research LiquidChain while the raise is still active.
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Bitcoin’s 25% weekly rally has dragged a small group of altcoins sharply higher, with Zcash (ZEC), Aave (AAVE), and XRP printing the strongest weekly candles among large caps.
Bitcoin trades near $78,702 after reaching its highest level since May. Meanwhile, all three altcoins cleared long-standing technical resistance on rising volume, which suggests the move runs deeper than short-term momentum.
Zcash gained 75.5% last week, its largest weekly candle of the cycle. ZEC now trades at $846.51, down 1.19% over 24 hours.
The rally pushed ZEC above the November 2025 peak at $749. Price now sits inside the first target zone, which ends at the 1.272 Fibonacci extension at $903.
ZEC weekly chart. Source: TradingViewAbove that level, the 1.618 extension at $1,099 becomes the next objective. Support sits at the 0.786 Fibonacci level near $628, with a deeper floor at $533.
However, the weekly RSI has reached 70, placing ZEC on the edge of overbought territory. Volume also stayed thin through the range before last week’s spike.
Aave Escapes a Seven-Month Descending ChannelAave rose 64.5% and broke out of the descending parallel channel that had capped it since January. AAVE trades at $136.08, down 3.08% on the day.
The breakout cleared the $125 resistance band, which now flips to first support. Below that, the former channel floor near $90 marks the next line of defense.
AAVE weekly chart / Source: TradingviewThe next hurdle sits at $150, the zone AAVE broke down from in early January. Last week’s high of $144.68 already came within 4% of it.
A weekly RSI of 60 leaves room before overbought conditions appear, unlike ZEC. Institutional interest in Grayscale and other funds has also built up throughout the year.
XRP Breaks a 13-Month Descending TrendlineXRP climbed 53% and broke the descending trendline drawn from its July 2025 record near $3.66. That line has rejected four rally attempts since then.
XRP trades at $1.50, down 1.02% over 24 hours. Volume on the breakout candle reached its highest level since February, indicating genuine participation.
XRP weekly chart. Source: TradingViewPrice also cleared the May swing high at $1.4735 and turned it into support. Resistance now sits at the 0.618 Fibonacci level at $1.70.
Weekly RSI at 57 remains neutral, leaving XRP with the most headroom of the three tokens.
Each setup rests on Bitcoin holding its gains. A rejection below $80,000 would likely stall these breakouts at their first resistance levels. Conversely, continued strength keeps $903 in ZEC, $150 in AAVE, and $1.70 in XRP in play.
