Track market-moving stories before they get noisy

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

XRP has staged a massive multi-week recovery, surging over 47% in just seven days to test a critical structural ceiling around the $1.50 level. 

However, following an explosive, near-vertical rally off the August market lows, price action has once again arrived at a stubborn resistance zone. 

According to popular chart analyst Dom, known on the X platform as @traderview2, clearing this overhead barrier is the ultimate prerequisite for the cryptocurrency to unlock its next major leg upward toward the $1.80 range. 

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With relatively thin resistance observed in higher-order books, market participants are watching closely to see if aggressive bullish volume can sustain a breakout above this multi-month pivot.

Failed attempts Throughout the current year, XRP bulls have attempted to breach and hold above this precise level on at least four separate occasions, with each attempt resulting in immediate rejection and a subsequent downtrend. 

The analyst noted that before the prior capitulation phase, the price briefly spiked through the $1.50 mark to sweep liquidity but ultimately failed to establish structural acceptance above it. 

Dom emphasized that if buyers can successfully consolidate and hold above this barrier, the $1.80 range becomes the primary destination, referred to by the analyst as the ticket. 

The key level A prominent green horizontal resistance zone near $1.50 dominates the chart, explicitly marked with cyan circles that illustrate the repeated rejections experienced in February, March, April, and May. 

XRP entered a prolonged capitulation phase that culminated in a drop to the Value Area Low near the $1.00 mark in early August. 

From that macro bottom, the asset experienced a sharp V-shaped recovery with a near-vertical expansion candle pointing directly into the overhead resistance zone. 

A long upper wick on the recent daily candle demonstrates strong buyer momentum tapping into liquidity above $1.50. However, the price has momentarily pulled back to digest those gains. 

Zach Rector discussed the recent rapid ascent in XRP’s price, highlighting how thin liquidity conditions can drive substantial moves in digital asset valuations. Rector, a well-known YouTube host who analyzes XRP market dynamics, pointed to a two-day window in which XRP surged from approximately $1 to $1.70.

Market cap surge outpaces exchange inflowsDuring this period, Rector calculated that the increase in XRP’s market capitalization amounted to $43.74 billion, while net exchange inflows were only about $44.3 million. He derived a “986x market-cap multiplier” by dividing the market cap jump by the net exchange inflows.

This calculation, Rector argued, undercuts the common claim that XRP needs trillions of dollars in new investment to see its price dramatically increase. Rather, he emphasized that market capitalization reflects circulating supply multiplied by the last traded price and not the sum of actual capital entering the asset.

Analyzing CoinGlass’s four-hour exchange flow data, Rector tracked XRP activity from August 19, when the price hovered around $1, to August 21, as it peaked at $1.70. He measured roughly $105 million in exchange inflows and $60 million in outflows across major platforms, producing a net figure of $44.3 million.

DatePriceMarket CapNet Exchange FlowsAugust 19$1.00$62 billion—August 21$1.70$106 billion$44.3 millionRector attributed the sharp rise mainly to limited sell-side liquidity. He observed that few sellers remained until XRP reached the $1.60 to $1.70 range, which he described as the upper limit of its established trading range since February. He also cautioned that these conditions can cause drops to accelerate as quickly as rallies.

When sell orders are scarce, price can move sharply, but the same thinning of liquidity that accelerates upward moves may also intensify declines—especially around resistance areas like $1.70.

Technical signals and analyst projectionsThe video also focused on XRP’s technical position, noting the weekly close near its 50-week moving average, identified at $1.54. At the time, XRP traded close to $1.51, with the upcoming close considered an important test for confirming further upside momentum.

Rector referenced a YouTube appearance by Canary Capital CEO Steven McClurg, who stated that seeing XRP reach above $3 or even $4 in the next year would not surprise him. Several analysts, including XForce Global and ChartNerd, have projected even higher price targets through Fibonacci extensions—some as high as $8, $13, and $27 by 2030.

Despite these projections, all such predictions remain speculative, as market conditions and technical setups can shift quickly. The exchange-flow analysis, while notable, does not encompass all elements of XRP’s trading ecosystem such as spot, derivatives, over-the-counter, or market-maker activity, and thus cannot fully explain the drivers of market capitalization changes.

Mini dictionary: CoinGlass is a cryptocurrency analytics platform that provides real-time data on exchange inflows, outflows, derivatives, and other trading metrics for digital assets like XRP. Its data is frequently cited by crypto analysts for flow-based market evaluations.

The main lesson highlighted by Rector is that thin order books can dramatically accelerate both rallies and corrections. Significant technical levels such as $1.54 and recent resistance near $1.70 continue to draw close attention from traders and market analysts.

Analysts continue to caution that while large price moves may not require enormous inflows, thin liquidity means that both gains and losses can be exaggerated by structural market factors.

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

Ripple has advanced further into traditional finance with a $275 million private bond sale conducted by Ripple Prime, as reported by crypto researcher BankXRP. This move signals Ripple’s increasing integration with institutional capital markets and sheds light on the company’s evolving brokerage operations.

Ripple Prime’s $275 Million Bond IssuanceBankXRP shared that Ripple Prime, which was formerly known as Hidden Road before Ripple’s $1.25 billion acquisition, completed the bond sale with an annual coupon rate of 8.25% and a maturity set for 2031. The researcher noted that Kroll assigned the firm a BBB credit rating, representing the first time a crypto-owned broker-dealer has achieved investment-grade status.

The financing allows Ripple Prime to access debt capital while developing its credit profile. A Bloomberg screenshot linked to the discussions identified Ripple Prime CIV US BD Holdco LLC as a special purpose entity responsible for issuing debt securities. According to the entity’s description, the proceeds will be used to refinance existing credit facilities, support future acquisitions, and manage outstanding debt.

BankXRP emphasized the BBB rating from Kroll, describing it as a milestone for crypto companies making inroads into institutional finance. The business structure and bond terms underscore Ripple Prime’s growing connections to traditional debt markets while maintaining its activity within the digital asset sector.

The reported $275 million bond sale by Ripple Prime, with an 8.25% coupon and BBB rating from Kroll, marks the first investment-grade classification for a broker-dealer owned by a crypto company.

Key Terms: 8.25% Coupon, 2031 Maturity, BBB RatingThe 8.25% coupon reflects the annual interest rate investors will receive on the bonds, while the maturity date of 2031 sets the horizon for repayment of principal. These terms are regarded as evidence of Ripple Prime’s entry into conventional fixed-income markets while retaining a foundation in digital assets.

The BBB rating has attracted particular interest from analysts and the crypto community. Blue highlighted questions over whether Ripple Prime required the entire $275 million immediately or if securing a credit rating was equally important for the company’s strategic development. The investment-grade rating is seen as a step that could encourage further participation from institutional investors in the sector.

Lily Lam commented on the implications of obtaining a BBB rating, noting its importance for the credibility of crypto broker-dealers, but also expressed concern about the cost of financing at an 8.25% rate extending to 2031. She further questioned whether Ripple Prime would release detailed financial statements, pointing to broader transparency expectations among investors.

Questions remain over Ripple Prime’s future financial disclosure and whether establishing a robust credit rating will translate into additional transparency for stakeholders.

Market Context and Digital Asset Platform ToolsThe activity surrounding Ripple’s bond issuance has occurred in a market environment where sudden moves, such as shifts in Fed policy or new altcoin listings, can alter investor sentiment in seconds. As trading decisions must often be made in real-time, many investors are moving toward unified portfolio management solutions. Smart traders now rely on privacy-focused platforms like CryptoAppsy, which combine real-time charts, automated alerts, curated news, and crucial macroeconomic data onto a single interface—without requiring users to create an account.

Ripple Prime’s recent capital raise, in parallel to broader trends toward institutional-grade infrastructure, highlights both the maturation of crypto companies and the increasing importance of efficient decision-making tools for investors navigating volatile markets.

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

Crypto analyst Dark Defender set a new short-term price target for XRP, predicting the cryptocurrency could reach $1.88 to $2 within two days. He based his projection on a chart pattern from November 13, 2024, noting a similar setup to the conditions that sparked a 500% surge in XRP during that month.

Market momentum and historical parallelsXRP began last week trading below $1, continuing a decline that had persisted since 2025. Early in the week, however, the trading environment shifted quickly after the U.S. Treasury announced plans to double its long-term bond buybacks starting September 9.

This policy move triggered significant gains in Bitcoin and boosted wider crypto market sentiment. XRP rode this momentum and posted stronger advances than Bitcoin over subsequent days.

XRP could reach $1.88 to $2 within two days if it follows the November 2024 chart pattern observed previously.

Key events in Washington influence sentimentFollowing the Treasury announcement, President Donald Trump hosted several high-profile crypto industry leaders at the White House. Ripple CEO Brad Garlinghouse, Coinbase CEO Brian Armstrong, and executives from Robinhood were present, alongside key regulators like SEC Chair Paul Atkins and CFTC Chair Michael Selig. Ripple is a blockchain-based payments company known for the XRP token.

During the same week, the US Securities and Exchange Commission proposed a new framework for crypto regulation. This structure features two exemption mechanisms for fundraising and a safe harbor provision. Under the safe harbor, digital tokens can move out of securities classification once their blockchains are operating independently.

CFTC Chair Michael Selig stated that the Commodity Futures Trading Commission will proceed with formal crypto market rules regardless of the CLARITY Act’s outcome in the Senate on September 15. XRP reached $1.68 by the end of the rally before pulling back to $1.48.

Mini dictionary: The CLARITY Act is draft U.S. legislation designed to provide regulatory certainty for digital asset markets and clarify whether certain crypto tokens should be classified as securities or commodities.

Community reaction and skepticismThe crypto community provided varied reactions to Dark Defender’s price forecast. Some praised his analysis and encouraged him to continue posting, expressing concern after he declared he would cease activity on X (Twitter) until his verified status was restored. Others appealed directly to Elon Musk, hoping his blue check mark would be reinstated to restore visibility to his updates.

Many community members remain optimistic, with one stating he has held his XRP position for three years and is prepared to wait longer. Another interpreted the current rally as likely to continue at least until the Senate addresses the CLARITY Act, predicting additional gains if the legislation is approved.

However, more skeptical voices pointed out that relying strictly on past chart patterns may overlook changes in the market structure. One cited the shifting Binance Top Trader ratio and the rise of algorithmic trading as evidence that the landscape for XRP has evolved considerably, casting doubt on the accuracy of historical analogies. Others dismissed the forecast outright, noting that past projections often missed the mark before eventually aligning with price action.

Some observers cautioned that algorithmic trading and changing market dynamics have made past chart patterns less reliable for predicting future price moves.

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

XRP ETFs recorded nearly $40 million in inflows last week, marking their strongest weekly performance in three months. 

Notably, the impressive showing came as XRP recovered and recently moved back above the $1.40 level during a broader market recovery that allowed most assets to reclaim some of their losses last week.

XRP ETFs Post Strong Weekly Inflows For the week ending Aug. 21, XRP ETFs recorded exactly $39.78 million in inflows, according to data from Sosovalue, a leading market analytics platform. 

However, the week started slowly, with the products recording zero flows on Aug. 17. Inflows then reached $5.81 million on Aug. 18, before falling to $2.35 million the next day. At the time, XRP had yet to fully benefit from the broader market rally that started at the start of the week.

Interestingly, XRP’s price action improved on Aug. 19, when the token gained 10.40%. The rally continued on Aug. 20, with XRP rising another 14.68% and closing above $1.26. 

Expectedly, the improving price action resulted in an increase in investor interest, as XRP ETFs recorded $13.24 million in inflows on Aug. 20. At the time, this marked their largest single-day inflow since June 29.

XRP ETFs See Record Weekly Volume The momentum continued on Aug. 21, when XRP ETFs attracted $18.38 million in inflows. This was the largest daily inflow of the week and made a major contribution to the final $39.78 million weekly total.

The last time XRP ETFs recorded weekly inflows of this size came during the week ending May 15, when the products attracted $60.5 million. Although last week’s figure fell short of the May total, it still marked the ETFs’ strongest weekly performance since then.

XRP ETFs Weekly Flows | Source: Sosovalue XRP ETFs also recorded much higher trading activity last week than they did in May. Their total weekly trading volume reached $271 million, while investors added $39.78 million to the products. By comparison, the week ending May 15 recorded only $137.21 million in total trading volume, even as inflows reached $60.5 million.

Last week’s $271 million trading volume also set a new weekly record for XRP ETFs since their launch in November 2025. The figure surpassed the previous record of $218.97 million, set by the products during the week ending Jan. 9, 2026.

Six-Week Inflow Streak The latest results also extended XRP ETFs’ weekly inflow streak to six consecutive weeks, despite XRP’s continued price struggles. Since mid-July, the products have recorded positive weekly flows, although most of the weekly totals remained relatively small.

For instance, XRP ETFs saw $1.01 million in inflows during the week ending Aug. 7 and $2.25 million during the week ending Aug. 14. Daily flows have also remained positive throughout August, with only one trading day producing an outflow.

This exception came on Aug. 5, when XRP ETFs recorded $3.58 million in outflows. Apart from that session, August has so far produced either positive or neutral daily flows, confirming steady ETF demand despite the price struggles.

The steady inflows have pushed cumulative net inflows into XRP ETFs to $1.55 billion, setting a new all-time high. Meanwhile, total net assets have also climbed to $1.33 billion.

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.

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

The capital rotation in the South Korean crypto market, which began late last week, is taking on the characteristics of an extreme market imbalance today.

Retail investors, who triggered an exodus from technology stocks, have turned XRP — the token Ripple calls its "North Star" — into a true "guiding light" for the local market this Monday, creating an unprecedented trading imbalance.

According to the latest Upbit data by CoinMarketCap, daily trading volume in the XRP/KRW pair remains firmly in first place at $319 million, accounting for 21.86% of all activity on the exchange.

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The trading imbalance continues to expand rapidly. XRP alone is absorbing liquidity, comfortably outperforming Bitcoin ($125.33 million), Tether ($179 million) and Ethereum ($92 million), while keeping the industry's biggest heavyweights below it in the top five.

XRP/KRW leads trading volume rankings on Upbit, Source: CoinMarketCapThe current craze is a direct continuation and escalation of Friday's events. During the first half of 2026, Korean traders kept their money in the KOSPI stock market amid the prolonged crypto downturn, actively buying Samsung Electronics and SK Hynix shares on the back of the global AI boom.

However, the altcoin revival that began ahead of the weekend triggered a "great rotation," which is only intensifying this Monday. Investors continue to lock in profits from technology stocks en masse, redirecting billions of dollars back to crypto exchanges.

As a result of these inflows, Upbit's daily turnover surged 250% to $1.8 billion on Friday, while Bithumb's jumped 132%. XRP immediately took the lead, attracting more than $418 million in retail inflows at its peak.

How "negative Kimchi" is fueling XRPToday, this uninterrupted inflow of capital has resulted in a powerful technical breakout on TradingView charts. XRP has secured its position at $1.51 (around 2,073 won), decisively breaking above the long-term downtrend in which the asset had stagnated since July last year. 

XRP/KRW and XRP/USD daily price charts, Source: TradingViewAt the same time, a unique indicator of the growing imbalance can be observed: the "Kimchi premium" remains firmly in negative territory at around -0.5%. Local prices in Seoul continue to trade roughly in line with global markets, confirming that enormous Korean trading volumes appear to be the main global engine pushing XRP's worldwide price higher.

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Despite the current triumph, the sustainability of this extended rally remains uncertain. Korean exchange revenues nearly halved following the capital outflows at the beginning of the year, and the market's long-term prospects will depend on whether Korean traders can maintain this aggressive pace.

Kamilah Stevenson, a well-known wealth coach and educator, has argued that SWIFT’s recent decision to develop a blockchain-based settlement system without utilising XRP does not render the cryptocurrency’s proposed use case irrelevant for global cross-border payments.

SWIFT’s blockchain settlement trialStevenson addressed a key concern raised among XRP investors regarding SWIFT’s ongoing blockchain pilot. As the primary global banking messaging provider, SWIFT connects over 11,000 financial institutions worldwide and is central to the international transfer of payment instructions.

In July, SWIFT announced a pilot program in partnership with 17 major banks across six continents, including Citi, HSBC, Wells Fargo, UBS, and Standard Chartered. This initiative aims to test the transfer of tokenized bank deposits between institutions using a blockchain-based solution.

According to Stevenson, SWIFT’s platform integrates a modified version of Ethereum alongside tokenized commercial bank deposits. These tokenized deposits represent digital equivalents of traditional bank money but remain inside a system managed strictly by participating banks.

She emphasized that “it does not use XRP,” and described how this point had been frequently highlighted as harming XRP’s investment narrative and projected market role.

Mini dictionary: SWIFT is an interbank messaging network that plays a critical role in international finance by facilitating secure and standardized cross-border payment instructions between more than 11,000 banks and financial institutions globally.

Liquidity and the bridge asset debateStevenson’s main argument lies in distinguishing between internal transfers of a single currency and conversions between different national currencies. She explained that moving tokenized dollars is efficient among banks holding the same asset, but this process does not resolve the challenge of exchanging one currency for another, such as dollars to euros or yen.

The liquidity required for such conversions still relies on both currency pairs being readily available. Within the correspondent banking model, institutions are forced to maintain pre-funded accounts—also known as nostro accounts—in multiple currencies and regions, which results in capital being tied up and increases operational demands.

Stevenson suggested that, in theory, XRP was designed to serve as a neutral bridge asset. If implemented, it could allow banks and payment providers to exchange local currency for XRP, transfer value rapidly, and then convert XRP into another local currency for the recipient.

Stevenson underscored that SWIFT’s new system, despite its technological progress, “does not solve” the persistent problem of cross-currency liquidity. However, she also acknowledged the lack of clear evidence that major banks plan to use XRP for this particular role at present.

On the other hand, SWIFT’s approach to using tokenized deposits within a closed, bank-controlled ecosystem suggests that institutions may prefer models where established players retain oversight, rather than adopting third-party cryptocurrencies.

Ongoing debate over cross-border paymentsThe comparison between SWIFT’s blockchain innovation and XRP’s function has reignited debate about the future of cross-border settlements. While supporters of XRP highlight its design for instant currency bridging, the industry’s largest banks have signaled interest in blockchain solutions that retain direct institutional control.

The growing adoption of blockchain technology in payment systems has prompted ongoing speculation about which digital assets, if any, will be adopted at scale by major financial players for cross-border transactions.

SWIFT Blockchain PilotXRP’s Proposed Use CaseClosed, bank-controlled system using tokenized depositsOpen, neutral bridge asset for cross-currency conversionDoes not require XRPRequires adoption by banks for liquidity bridgingParticipants include 17 global banksNo evidence yet of large-scale adoption by banksDisclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

Bitcoin and XRP prices entered the week with stronger momentum as traders assessed September’s approaching CLARITY Act vote.

Bitcoin traded above $77,000 after recording its largest weekly dollar gain, while XRP hovered near $1.47 following a powerful rebound.

CLARITY Act Nears September 15 Senate Vote The Senate’s procedural vote is set for Sept. 15 to determine whether to proceed to debate. The cloture motion needs 60 votes and there is uncertainty despite political backing for clearer cryptocurrency rules.

The proposed legislation would establish boundaries between the Securities and Exchange Commission and Commodity Futures Trading Commission.

But the bill still faces unresolved disagreements. Some legislators wish to increase the level of deposit insurance for community banks’ securities and beef up the ethics requirements for elected officials.

Trump urged Congress to pass a fair version of the CLARITY Act to protect America’s leadership in digital assets. The law will pave the way for another round of innovation nationally, said he. However, prediction market participants remain doubtful about its approval prospects. 

Trump: Congress Should Pass a Fair Version of the CLARITY Act

On August 19, U.S. President Donald Trump @realDonaldTrump said at a White House event with technology industry leaders that the United States had launched “Project Crypto” to facilitate the adoption of blockchain… pic.twitter.com/PnlL42kloc

— Wu Blockchain (@WuBlockchain) August 23, 2026

Polymarket users currently assign only a 16% chance that the controversial bill will pass during 2026. The low probability suggests that political disagreements over the proposed regulatory framework for cryptocurrencies remain.

Bitcoin and XRP Price Outlook Ahead of the September Senate Vote Bitcoin price may continue to recover if, as lawmakers move forward with the measure, broader market conditions continue to be favorable. If this rally continues, resistance may lie close to $85,000 ahead of $90,000.

If it breaks $80,000, it could reverse into profit-taking from the recent advance. The future Bitcoin outlook might then retest the $72,000 to $75,000 price range where interest could return.

Source: TradingView However, with the clarity of regulations being especially important for payment use of cryptocurrencies, XRP may respond more heavily. Investor sensitivity to American policy developments continues to be influenced by its former legal battle with the SEC.

XRP will remain in a positive short-term outlook as long as it trades above $1.40 ahead of the Senate vote. Strong demand may push the token up to $1.60 with resistance at $1.75.

Rejection or additional delay may cause the sentiment to sour and push XRP down to $1.40. In this case, the $1.25 level could be the next major supportive level for the market.

Bitcoin and XRP ETFs Record Strong Inflows as Institutional Demand Returns The past reporting week saw high demand for Bitcoin and XRP exchange-traded funds.

Spot Bitcoin ETFs recorded $1.918 billion in net inflows between August 17 and August 21.

In the meantime, XRP ETFs posted a $39.78 million increase, signaling a new institutional appetite for cryptocurrencies.

Spot Bitcoin ETFs Recorded $1.918 Billion in Net Inflows Last Week

From Aug. 17 to Aug. 21 (ET), spot Bitcoin ETFs recorded net inflows of $1.918 billion. Spot Ethereum ETFs saw net inflows of $697 million, while spot Solana ETFs recorded $28.34 million, spot XRP ETFs $39.78… pic.twitter.com/K9F273H8t9

— Wu Blockchain (@WuBlockchain) August 24, 2026

Ethereum funds also raised $697 million, the second highest among all the funds in terms of weekly inflows.

Spot Solana ETFs had $28.34 million added, while HYPE funds had $3.89 million added, though this was a smaller figure.

The numbers suggest that Bitcoin continued to be the top investment choice for ETF holders in the overall market rebound.

Ripple (XRP) surged more than 72% in less than a week, its strongest rally since July 2025, as cryptocurrency prices broadly broke out. But the move has a problem: it may have little to do with XRP itself.

The token's near-term rally appears to have been driven largely by a broader liquidity shift after the US Treasury expanded long-end bond buybacks, pulling yields lower and lifting risk assets. XRP, with more beta than Bitcoin, was one of the biggest beneficiaries.

That leaves XRP at a critical point. The token is holding near $1.50 after touching $1.70, but the rally alone doesn’t confirm that the long-awaited bottom is in. A sustained move above $2.00 would strengthen the case for a structural recovery, while failure to hold recent gains could expose XRP to another correction.

"XRP's near-term path is likely to keep tracking the broader altcoin complex rather than break out on a story of its own. This week's rally has a macro root – the Treasury's move to expand long-end bond buybacks pushed yields down and lifted risk assets broadly, and altcoins simply carry more beta to that kind of liquidity injection than Bitcoin does," Iliya Kalchev, Nexo Dispatch Analyst, highlighted in an exclusive comment to FXStreet.

Ripple ecosystem expansionRipple continues to make headlines with its global regulatory and partnership milestones, backed by the deployment of approximately $4 billion in strategic capital.

The blockchain company has strategically developed a robust ecosystem by acquiring prime brokerage capabilities, modern treasury management systems (TMS), instant stablecoin payments infrastructure, and institutional-grade custody solutions.

In late October 2025, Ripple executed a series of strategic acquisitions: Hidden Road ($1.25 billion, rebranded as Ripple Prime), GTreasury ($1 billion), and Rail ($200 million), further strengthening its institutional offering. Other acquisitions include Metaco, Palisade and Standard Custody & Rail.

Concurrently, Ripple secured more than 60 regulatory licenses and permits worldwide, achieving milestone approvals in the Europe Union’s (EU) Markets in Crypto-Assets Regulation (MiCA), Luxembourg’s Electronic Money Institution (EMI) license approved by the country’s Commission de Surveillance du Secteur Financier (CSSF) as well as other compliance licenses in the Asia Pacific (APAC), the Middle East and Africa regions, as stated in various press releases and policy briefings.

"However, investors should stop treating every Ripple acquisition, license or partnership as automatically bullish for XRP. The token only captures value when institutions need to hold it, source liquidity through it or use it repeatedly for settlement," Ryan Kirkley, Co-founder & CEO of Global Settlement Network, said in a written comment to FXStreet.

Ripple’s expansion gives XRP more opportunities to prove its utility. It does not guarantee that utility, and it certainly does not guarantee price appreciation.

Ripple Payments and the shift to multi-asset railsRipple Payments has evolved over the years from the former On-Demand Liquidity (ODL) to a product with a worldwide presence. The platform offers institutional-grade custody, fiat and stablecoin rails and other digital assets, including Ripple USD (RLUSD) and XRP.

“Ripple’s compliance build-out is substantial and hard to replicate quickly: more than 60 regulatory licenses globally, full MiCA authorization across the entire EU economic bloc, a new Middle East and Africa hub in Dubai, and a cleared US legal case, on top of capital commitments like the $1.25 billion Hidden Road acquisition. That gives XRP a genuine structural advantage a new entrant can’t shortcut overnight,” Kalchev added.

Despite Ripple’s compliance powerhouse, partnerships and acquisition spree, experts appear to differ on whether ecosystem developments translate to utility for XRP and growth in the token’s value.

Dean Chen, Bitunix analyst, sees long-term value in XRP, suggesting partial allocation in portfolios. Still, Chen cautions investors to temper expectations and assess how much value the token can capture from Ripple’s growing ecosystem, given varying global liquidity conditions.

“Ripple’s ecosystem expansion is clearly positive for XRP, but Ripple’s commercial success and XRP’s investment value are not necessarily equivalent. Growth in cross-border payments and institutional adoption can create more use cases for XRP, but the key question is whether that activity translates into sustained demand and effective value capture for the token,” Chen told FXStreet.

Ripple’s stablecoin, RLUSD, could steal the limelight from XRP, as it appeals to institutional investors looking to avoid crypto-related volatility while offering a regulated platform.

Ripple's ultimate test would be to create a symbiotic relationship between the expanding ecosystem and XRP to ensure long-term growth.

Shawn Young, Chief Analyst at MEXC Research, told FXStreet that “If that growth leads banks and liquidity providers to hold and use more XRP, the token has a much stronger case. If most of it runs through RLUSD, other stablecoins, or infrastructure that barely touches XRP, investors should not expect Ripple’s success to automatically show up in the token price.”

XRP outlook improves on renewed on-chain activityA closer examination of activity on the XRP Ledger (XRPL) shows renewed user participation. Addresses that transact on the protocol, either by receiving or sending value, have recently surged, peaking at roughly 305,000 on Sunday, up from around 25,000 on August 1, according to Santiment.

The surge in on-chain activity reinforces an improving fundamental outlook and raises the probability of an extended recovery as demand for XRP gains momentum.

XRP Active Addresses | Source: SantimentStill, the number of addresses joining the network has remained subdued this year. Newly created addresses on the XRPL averaged 475 on Sunday, down from roughly 4,100 on Saturday and 6,600 in late June. This suggests fewer new users are joining the protocol, which could translate to lower demand for XRP and, in turn, limit potential recovery.

XRP Network Growth | Source: SantimentThe amount of XRP balances on known exchanges has declined, averaging 2.61 billion XRP as of Sunday, from 2.63 billion XRP on Saturday. This figure falls significantly below the annual peak of 2.81 billion XRP, recorded in early March.

The correction shows XRP is gradually moving off Binance, as investors choose self-custody platforms for long-term holding. Notably, declining exchange reserves suggest reduced immediate available sell-side supply.

XRP Binance Exchange Reserve | Source: CryptoQuantUS-listed XRP spot Exchange-Traded Funds (ETFs) have also supported the bullish case, recording six consecutive weeks of inflows and lifting cumulative net inflows to $1.55 billion.

XRP derivatives market coolsThe XRP derivatives market remains significantly elevated compared to levels seen at the beginning of the year. According to CoinGlass, perpetual futures Open Interest (OI) stands at 2.5 billion XRP on Monday, up only marginally from 2.42 billion XRP the previous day. Looking back, OI averaged 1.84 billion on January 1, underscoring growing risk-on sentiment.

XRP Futures OI | Source: CoinGlassStill, investors should temper expectations, as OI has narrowed over the past few days to 2.78 billion as of August 15. A steady increase in futures OI is required to support XRP’s short to medium-term recovery.

After trading volume surged and peaked at $18.53 billion on Saturday, it has moderated to $9.32 billion at the time of writing. This could suggest that investors are gauging prevailing market conditions and whether they can sustain last week’s 72% rally from $1.00 to $1.70. 

Technical outlook: Is XRP’s bullish comeback sustainable?The remittance token's current position around $1.51 holds above notable levels including $1.50 and $1.25, underscoring renewed risk appetite. Nonetheless, it remains unclear whether that rally is sustainable or temporarily driven by liquidity and last week's US Treasury’s open-market buybacks.

The pair holds above the 200-week Exponential Moving Average (EMA) at $1.37, supporting a medium-term constructive tone, but it remains capped by the 50-week EMA at $1.55 and the 100-week EMA at $1.60, keeping the near-term bias neutral as those barriers hold overhead.

At the same time, the Moving Average Convergence Divergence (MACD) indicator sits above zero with a positive reading, and the Relative Strength Index (RSI) near 57 suggests moderately bullish momentum, yet these signals only hint at upside potential that would need a weekly close above the clustered EMAs to gain traction.

XRP/USDT weekly chartImmediate resistance lies at the 50-week EMA at $1.55, followed by the 100-week EMA at $1.60, where a break higher would open the way for a more decisive bullish extension. The current price area around $1.50 acts as a pivot, with stronger structural support emerging at the 200-week EMA at $1.37 and then the SuperTrend baseline at $0.96, levels that would be expected to attract buyers on deeper pullbacks while the broader uptrend attempt remains in place.

Still, momentum is stretched, with the RSI hovering in overbought territory near 86 on the daily chart and the MACD above zero, suggesting strong but potentially overextended upside pressure.

XRP/USDT daily chartOn the downside, initial support lies at the 200-day EMA around $1.35, ahead of the SuperTrend zone near $1.25, which marks the next technical floor if a deeper correction unfolds. Below that, the 50-day and 100-day EMAs clustered between $1.14 and $1.18 hint at additional underlying demand, where buyers could look to re-enter if the pair unwinds part of its recent gains.

Ultimately, it is impossible to time a bottom; investors should closely monitor the token and watch for new trends forming from extended sideways action to steady price increases, which could help identify strong support levels. Last week's surge marked XRP's strongest week since July 2025. However, profit-taking remains an overhang risk that could trigger a short-term correction as XRP seeks liquidity before the next breakout. Looking down, the region between $1.00 and $1.25 is a critical support area that will likely continue to absorb selling pressure.

(The technical analysis of this story was written with the help of an AI tool. Know more.)

Ripple FAQs Ripple is a payments company that specializes in cross-border remittance. The company does this by leveraging blockchain technology. RippleNet is a network used for payments transfer created by Ripple Labs Inc. and is open to financial institutions worldwide. The company also leverages the XRP token.

XRP is the native token of the decentralized blockchain XRPLedger. The token is used by Ripple Labs to facilitate transactions on the XRPLedger, helping financial institutions transfer value in a borderless manner. XRP therefore facilitates trustless and instant payments on the XRPLedger chain, helping financial firms save on the cost of transacting worldwide.

XRPLedger is based on a distributed ledger technology and the blockchain using XRP to power transactions. The ledger is different from other blockchains as it has a built-in inflammatory protocol that helps fight spam and distributed denial-of-service (DDOS) attacks. The XRPL is maintained by a peer-to-peer network known as the global XRP Ledger community.

XRP uses the interledger standard. This is a blockchain protocol that aids payments across different networks. For instance, XRP’s blockchain can connect the ledgers of two or more banks. This effectively removes intermediaries and the need for centralization in the system. XRP acts as the native token of the XRPLedger blockchain engineered by Jed McCaleb, Arthur Britto and David Schwartz.

A group of activists demonstrated outside the San Francisco residence of Chris Larsen, co-founder of blockchain company Ripple, to protest his substantial financial support for law enforcement surveillance technology in the city.

Sunrise Movement organizes local demonstrationThe protest, which took place on Friday, was led by members of the Sunrise Movement, a youth-driven climate advocacy group. Activists criticized Chris Larsen’s involvement in supporting the expansion of automated license plate readers (ALPRs) and other surveillance tools by San Francisco police.

Demonstrators distributed brightly colored flyers to residents in the neighborhood, warning them about the use of Flock Safety cameras—networked devices that capture license plates and track vehicle movements. Protesters also displayed a mock surveillance camera near Larsen’s home, sending a message that read, “Does this make you feel safer, Chris?”

Luc Bouchard, an organizer from Sunrise Movement Bay Area, explained that activists question the effectiveness of automated license plate readers. He stated that studies do not clearly demonstrate their role in reducing crime and suggested public funds would be better spent on affordable housing and social programs instead of surveillance infrastructure.

Bouchard added that the group targeted Larsen’s home specifically to highlight his role in funding the technology, emphasizing the direct connection between private donors and changes in public safety policy.

Chris Larsen’s role in police surveillance fundingChris Larsen, who co-founded Ripple—a financial technology company known for the XRP cryptocurrency—has provided millions of dollars to support both public and private security camera networks in San Francisco over the past several years. His donations have funded extensive surveillance projects in multiple city neighborhoods, responding to concerns about property crimes and public safety.

In 2021, Larsen approved a $700,000 contribution to install camera networks in the Castro district. His earlier funding also enabled camera deployments in areas like Japantown and Hayes Valley.

By 2023, reports placed Larsen’s total contributions to community surveillance initiatives at around $4 million. The investments sought to bolster neighborhood safety with technologies such as Flock Safety cameras that quickly alert authorities to suspect vehicles.

In 2025, Larsen pledged $9.4 million to enable the relocation and modernization of the San Francisco Police Department’s Real-Time Investigation Center. In addition to the monetary support, Ripple provided a new space for the center through a lease agreement.

The revamped Real-Time Investigation Center now coordinates data from a network of more than 400 Flock automated license plate reader cameras across the city.

In July, the San Francisco Police Commission approved an additional $3 million contribution from Larsen to further expand technology resources for local law enforcement.

Mini dictionary: Sunrise Movement, a national youth-led organization focused on advocating for climate action and social justice, often mobilizes around local and national policies intersecting justice, surveillance, and public safety.

Community debate over technology and safetyFlock Safety, an Atlanta-based technology company, supplies automated license plate readers that gather vehicle data for public safety agencies. Proponents argue the system helps recover stolen vehicles and identify suspects in criminal investigations. However, critics say these expansive networks may infringe on privacy and have limited evidence showing a reduction in crime rates.

YearLarsen’s ContributionsPurpose2021$700,000Castro district camera network2023$4 million (total by this year)Community surveillance initiatives2025$9.4 millionRelocation, upgrade of Police Real-Time Investigation Center2025 (July)$3 millionAdditional technology resourcesActivists continue to challenge public and private reliance on automated surveillance, urging city leadership to reevaluate the balance between safety and civil liberties.

Sunrise Movement Bay Area organizer Luc Bouchard argued that investing more in housing, rather than surveillance, would deliver better results for San Francisco’s public safety concerns.

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.

Digital Asset Investor, a prominent figure known for his commentary on cryptocurrencies, stated that the XRP bull market has begun. He based his view on discussions at the recent Wyoming Blockchain Symposium and changing attitudes among industry leaders including Cardano founder Charles Hoskinson.

Main industry players meet in WyomingThe Wyoming Blockchain Symposium, a conference drawing major personalities from across the digital asset space, served as a backdrop for the shift toward a bullish outlook. Among those present were Ripple Chief Executive Brad Garlinghouse and Binance founder Changpeng Zhao, together with US Senators Cynthia Lummis and Tim Scott.

Charles Hoskinson, founder of Cardano and an influential voice in blockchain development, described the symposium as a significant event bringing together key participants from both the crypto industry and political circles. He compared it to the Jackson Hole conference in traditional finance and referred to it as the “Bilderberg group of crypto,” underscoring the level of influence represented at the event.

Discussions at the symposium reportedly included topics such as regulatory clarity and the overall direction of digital assets in global financial markets. Hoskinson conveyed a sense of confidence returning to the industry, reflecting an increasingly optimistic tone among attendees.

Hoskinson assessed the event atmosphere as positive, stating, “We got our pet back on our step. The bull market’s coming. We all feel it.”

Market sentiment and XRP momentumDigital Asset Investor highlighted the shift in Hoskinson’s position, noting that just days before, the Cardano founder had expressed a more cautious view. The renewed optimism, he suggested, marked a turning point for the cryptocurrency market.

Reacting to these developments, Digital Asset Investor expressed confidence in XRP’s future, declaring: “There, you can taste it. I can taste the XRP bull run.” His perspective aligns with a broader expectation of a strengthening market cycle, driven by the involvement and confidence of leading blockchain figures.

Broader market capitalization and liquidityBeyond XRP, Digital Asset Investor pointed to the overall value of the cryptocurrency market, which he indicated stands at around $2.6 trillion. He argued that the sector is poised for substantial growth, with much larger figures anticipated as new liquidity is expected to enter the market.

Rather than focusing solely on price targets for XRP, his commentary emphasized overarching market conditions and the significant capital waiting to move into digital assets.

MetricCurrent ValueOutlookCrypto market capitalization$2.6 trillionExpecting substantial increaseXRP sentimentTurning bullishRising momentum anticipatedCommunity members, including an XRP commentator named VincentScott, drew attention to liquidity as a driving factor. He observed that the key question concerned “how much liquidity is waiting on the sidelines when momentum really kicks in.”

Digital Asset Investor’s statements reflect a view that renewed optimism among industry leaders serves as a leading indicator for further gains in XRP and the broader digital asset market.

Mini dictionary: Wyoming Blockchain Symposium — An industry event in the United States that brings together leading figures from the cryptocurrency sector, policymakers, and regulators to discuss issues shaping the digital asset ecosystem, including regulation and market growth.

Rather than specific price speculation, Digital Asset Investor puts emphasis on the scale of the entire crypto market and the influx of new liquidity into digital assets.

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

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.

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米金融大手Goldman Sachs（ゴールドマン・サックス）が、暗号資産（仮想通貨）エックス・アール・ピー（XRP）の現物ETFの保有を再開したことが、米証券取引委員会（SEC）への提出資料で明らかになった。

ゴールドマン・サックスが8月14日に提出したForm 13Fによると、6月30日時点でXRP現物ETFを5商品、合計約8650万ドル（約138億円、1ドル=160円換算）保有していた。

対象は、Bitwise（ビットワイズ）、Franklin Templeton（フランクリン・テンプルトン）、Canary Capital（カナリー・キャピタル）、21Shares（21シェアーズ）、Grayscale（グレースケール）が運用するXRP ETFだ。

ゴールドマン・サックスは2025年第4四半期にXRP ETFを保有していたが、2026年3月31日時点では関連商品の保有を報告していなかった。

今回の開示で、1四半期を挟んで再びXRP ETFを保有していることが確認された形だ。

関連記事：ゴールドマン・サックス、XRP・SOL関連ETFを全売却──BTC ETFは7億ドル超を保有継続【価格分析】

なお、XRPの価格は足元で大きく上昇している。CoinMarketCapによると、8月24日12時16分時点で1.47ドルと、過去7日間で47.22％上昇している。

＜XRPの過去7日間の価格推移（CoinMarketCapより）＞ ｜文：平木 昌宏
｜画像：Adobe Stock

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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.

Market-making firm Wintermute has significantly increased its bearish exposure on Hyperliquid and XRP among its largest short positions, according to on-chain data tracked by Onchain Lens.

The firm’s total short exposure has experienced a very sharp increase. Its top five short positions include Ethereum, Bitcoin, Solana, Hyperliquid’s native HYPE token and XRP. 

Wintermute’s XRP short is currently valued at more than $10 million. 

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Onchain Lens reported that Wintermute had increased its overall short exposure by roughly $45 million since its previous update.

Notably, Wintermute’s tracked positions were sitting at a combined unrealized loss

XRP's tumultuous week XRP is up 49.24% over seven days while open interest stands at $3.61 billion. There is a very large amount of leveraged positioning. 

Binance's general account long/short ratio is 2.5651, while OKX is at 2.08. Binance's top-trader ratios are even higher: 2.8081 based on accounts and 2.2136 based on positions. In short, derivatives positioning shown here is decisively leaning toward longs (in sharp contrast to Wintermute).

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The XRP short is large in absolute terms, but it is relatively small compared with the $3.61 billion total XRP open interest. It accounts for only about 0.28% of total OI. 

However, it is worth noting that XRP has so far failed to sustain its momentum like during its previous rallies. 

Over the past 24 hours, $21.42 million of XRP positions were liquidated, with $12.47 million coming from longs versus $8.95 million from shorts. So longs have actually suffered more now that the cryptocurrency's momentum is waning. 

If XRP continues rising, Wintermute's position could become part of the squeeze mechanism. But if XRP loses momentum, the crowded longs could make potential downside more painful.

XRP gained more than 50% in five trading days, its strongest weekly performance in 21 months, as a Treasury buyback expansion, a White House crypto summit, and aggressive whale accumulation converged on the same narrow window.

Summary

XRP surged from approximately $1.00 on Aug. 18 to a high of $1.6963 on Aug. 22, 2026, a gain of roughly 56% that marks its biggest weekly move since November 2024. The U.S. Treasury doubled long-term bond buyback operations from $2 billion to at least $4 billion per session, triggering a rapid drop in benchmark yields and pushing capital into risk assets across crypto markets. Ripple CEO Brad Garlinghouse attended a White House crypto policy summit on Aug. 19 alongside SEC Chairman Paul Atkins, advancing the CLARITY Act that would classify XRP as a digital commodity under CFTC oversight. Whale addresses holding between 1 million and 10 million XRP accumulated approximately 380 million tokens in one week, pushing tracked holdings from 16.05 billion to 16.36 billion XRP while exchange outflows exceeded 240 million tokens since summer began. Spot XRP ETFs attracted $39.78 million in net inflows for the week ending Aug. 22, bringing cumulative inflows since their November 2025 launch to $1.55 billion across seven approved funds. XRP closed the week of Aug. 18 as the best-performing asset among the top ten cryptocurrencies by market capitalization, beating Bitcoin by more than 40 percentage points and Ethereum by more than 45. The move was not a single-catalyst spike. It was a compressed sequence of macro, regulatory, and on-chain events that landed in the same five-day window, each one reinforcing the next. Understanding why each catalyst mattered, and why their convergence produced a move of this magnitude, requires looking at the specific mechanics of how they interacted.

The rally also marks the first sustained price advance since the SEC settlement that correlates with improving on-chain metrics rather than pure speculation. For seven months before this week, XRP traded between $0.90 and $1.10 while Ripple’s corporate fundamentals strengthened in the background. The disconnect between token price and business development had become one of the most discussed topics in crypto markets. That gap narrowed sharply over five days.

The Treasury buyback that unlocked the rally The catalyst that set everything in motion arrived on Aug. 19, when Treasury Secretary Scott Bessent announced an expansion of long-term government bond buyback operations. The size of each buyback would double from $2 billion to at least $4 billion per operation, starting Sept. 9. The announcement came after the 30-year Treasury yield spiked to its highest level since 2007, a move that had been pressuring risk assets across every market for weeks.

Buying back bonds pulls supply off the market, pushing bond prices up and yields down. The 30-year yield fell to 5.19% within hours. Traders described the dynamic as informal yield curve control, since the buybacks effectively cap how high long-end yields can climb without the Federal Reserve having to intervene directly.

The effect on crypto was immediate. Bitcoin jumped from $62,000 to $69,000 within 48 hours, its biggest weekly gain in two years. But the impact on XRP was disproportionate. More than $3 billion in crypto short positions were liquidated during the surge, and XRP’s lower market capitalization relative to Bitcoin made it more sensitive to the rotation. Leveraged short sellers who had been betting on a continued grind below $1 were forced to cover, and the resulting squeeze amplified the underlying move.

Lower yields make bonds less attractive relative to riskier assets, which frees capital to rotate into high-beta positions. XRP, with its pending regulatory catalysts and recent technical weakness, became the primary beneficiary of that rotation among large-cap altcoins.

The White House summit and the CLARITY Act On the same day the Treasury buyback was announced, a separate catalyst emerged from Washington. The White House hosted a crypto policy summit attended by Ripple CEO Brad Garlinghouse, SEC Chairman Paul Atkins, and members of Congress who had co-sponsored the CLARITY Act. President Trump publicly urged Congress to pass the legislation, which would classify XRP and similar tokens as digital commodities under CFTC oversight rather than securities under the SEC.

The CLARITY Act represents the most significant potential shift in U.S. crypto regulation since the Ripple settlement itself. If passed, it would give XRP the same regulatory classification as Bitcoin and Ethereum, removing the last remaining ambiguity about its legal status. The crypto.news analysis of the three conditions for XRP’s recovery identified regulatory clarity as the single most important factor, with 65% of institutional allocators surveyed saying they need this classification before increasing crypto exposure.

The bill faces a Senate procedural vote on Sept. 15. Polymarket prediction contracts currently give it approximately 16% odds of passing, reflecting the difficulty of moving any legislation through Congress in the current political environment. But the market responded to the optics of the summit itself, not the probability of passage. Brad Garlinghouse standing alongside the SEC chairman and the president, discussing a bill that would formalize XRP’s commodity status, sent a signal about the direction of policy that no probability model fully captures.

XRP price jumped roughly 30% in two days following the summit, breaking a year-long downtrend in the process. The move took the token from $1.00 to $1.31 before the additional catalysts pushed it higher.

Whale accumulation and the exchange drain The on-chain data tells a story that started before the price moved. According to crypto.news reporting on whale accumulation, addresses holding between 1 million and 10 million XRP accumulated approximately 380 million tokens over the week of Aug. 18. Total whale holdings rose from roughly 16.05 billion to 16.36 billion XRP, the highest level since the SEC settlement.

The accumulation was not limited to a single cluster of wallets. Whale transactions on the XRP Ledger surged 280% in 24 hours, with 38 large-value transfers exceeding $1 million recorded in a single trading day. The baseline for large-value XRP transactions in July and early August had averaged roughly 10 to 12 per day, making the spike to 38 a clear departure from normal activity.

More telling than the buying itself was the absence of selling. Whale transfers to Binance fell to their lowest level since 2021 during the same period, suggesting that large holders were accumulating and holding rather than flipping for short-term profit. More than 240 million XRP tokens left exchanges since summer began, reducing the available supply on order books and tightening the market.

The wallets involved in the accumulation include a mix of known institutional custodians and unidentified addresses. Analyst Ali Martinez noted that the accumulation pattern resembles the pre-rally positioning seen before XRP’s January 2026 high of $3.40, when whale addresses added similar quantities before the token rallied from $2.00 to its peak.

Ripple’s own escrow activity adds context. In August 2026, Ripple unlocked 1 billion XRP from escrow, valued at approximately $1.08 billion under its monthly program. Despite this regular supply injection, whale accumulation outpaced the new supply reaching the market, a dynamic that had not occurred since early 2025.

Spot ETF inflows and institutional re-engagement The seven U.S. spot XRP ETFs approved since November 2025 had a complicated first year. After a strong launch that saw them accumulate $1.3 billion in assets within two months, inflows collapsed through the summer. Weekly ETF inflows fell 93% to just $1.01 million for the week ending Aug. 8, down from $14.86 million the prior week. JPMorgan had predicted up to $8 billion in year-one inflows. The reality was $1.5 billion across eight months.

The week of Aug. 18 reversed that trajectory. Spot XRP ETFs attracted $39.78 million in net inflows, the strongest weekly pace since May. Bitwise Asset Management, Franklin Templeton, and Grayscale Investments led the buying. Cumulative inflows since launch reached $1.55 billion, with the funds now holding approximately 1.50% of total XRP supply.

The crypto.news coverage of ETF inflows crossing $1.55 billion noted that the timing aligned with a shift in macro sentiment following the Treasury buyback announcement. Institutional buyers who had paused allocations during the yield spike returned as soon as yields dropped, suggesting that the problem with XRP ETFs was never demand for the asset itself but the competing returns available in fixed income.

The ETF structure also matters for price mechanics. Unlike over-the-counter XRP purchases, ETF inflows require the fund to buy XRP on the open market or through authorized participants, creating direct buying pressure on the spot price. When $39 million in weekly inflows meets a market where 240 million tokens have already left exchanges, the price impact is amplified beyond what the dollar figure alone would suggest.

How this rally compares to every post-settlement XRP move XRP has produced four distinct rallies since the SEC settlement was finalized in May 2025. Each one differed in catalyst, duration, peak gain, and retracement depth. Mapping them reveals a pattern that this week’s move both follows and breaks.

Rally one: the settlement itself (May 2025). XRP jumped 42% in three days after the SEC formally withdrew its appeal and Ripple paid the reduced $50 million penalty. The catalyst was purely legal. On-chain accumulation was minimal because the news broke with no advance warning. The retracement was fast: XRP gave back 60% of the gain within two weeks as traders took profit on the news.

Rally two: the ETF approval wave (November 2025). Seven spot XRP ETFs received regulatory clearance, and XRP surged 85% over three weeks. This was the longest sustained move of the cycle, driven by genuine institutional inflows that totaled $483 million in December alone. The retracement was slower but deeper. XRP fell 65% from its January 2026 high of $3.40 to the $1.00 level it occupied before this week’s move.

Rally three: the Ripple Prime announcement (June 2026). Ripple announced conditional approval for a national trust bank charter and raised at a $50 billion valuation. XRP gained 28% in five days. The retracement was almost complete within ten trading sessions, as the market concluded that corporate milestones were not translating into token demand.

Rally four: this week (August 2026). XRP gained 56% in five days, making it the second-largest post-settlement move by magnitude. What distinguishes it from the previous three is the convergence of multiple catalyst types. The settlement rally was legal only. The ETF rally was institutional only. The Ripple Prime rally was corporate only. This week combined macro (Treasury buyback), political (White House summit), on-chain (whale accumulation), and institutional (ETF inflows) catalysts simultaneously.

The convergence matters because it creates feedback loops that single-catalyst rallies cannot sustain. Macro-driven yield drops pull capital into crypto broadly. Political catalysts direct that capital specifically toward XRP. Whale accumulation reduces available supply. ETF inflows create structured buying pressure. Each factor reinforces the others, making the rally more durable than moves driven by a single headline.

Whether this convergence produces a genuinely different outcome from the previous three rallies, all of which eventually retraced, is the central question for XRP holders heading into September.

The overbought signal and what it has meant before The Relative Strength Index on XRP’s daily chart reached 85.4 on Aug. 22, its most overbought reading since July 2025. The last time the RSI crossed 85, XRP retraced 18% within ten trading days. In three of the four previous instances where XRP’s RSI exceeded 80 since the SEC settlement, the token lost at least 15% of its value within two weeks.

The technical picture is further complicated by the death cross that formed earlier in August. The crypto.news analysis of the death cross erasure explained that while XRP’s daily candle closed above both the 50-day and 200-day exponential moving averages for the first time since the bearish crossover, the 50-day EMA remains below the 200-day line. A confirming golden cross has not yet formed.

The distinction matters because three previous breakouts above both moving averages failed to produce a golden cross, each time resulting in a return below the 200-day EMA within five trading days. The current move needs to hold for at least another week before the moving average crossover would confirm a genuine trend change.

A weekend flash crash on Aug. 22 added to the uncertainty. Approximately $500 million in XRP long positions were liquidated in minutes when the price dropped sharply from $1.69 to $1.43 before recovering to the $1.46 to $1.51 range where it traded into Saturday. The event showed how quickly leveraged positions can unwind even in the middle of a strong rally, and it reduced open interest enough to partially reset the overbought condition.

Ripple’s corporate momentum and the token disconnect The irony of XRP’s 2026 performance is that Ripple the company has never been stronger. The SEC case ended with XRP retaining full trading rights in the United States. Seven U.S. spot ETFs launched and now hold nearly a billion dollars in XRP. Ripple secured conditional approval for a national trust bank charter. The company raised at a $50 billion valuation. It spent roughly $4 billion on acquisitions. Most recently, Ripple Prime raised $275 million through a private placement of senior unsecured notes with a BBB rating from KBRA, an 8.25% coupon, and a 2031 maturity date.

Yet XRP the token spent the first seven months of 2026 trading between $0.90 and $1.10 while all of this happened. The crypto.news XRP price prediction page noted the base case of $1.80 to $3.20 by 2030, a range that assumed slow and steady appreciation from the $1.00 level. This week’s move has compressed months of expected appreciation into days.

The token’s disconnect from Ripple’s fundamentals is partly structural. XRP’s supply dynamics differ from tokens like Bitcoin or Ethereum. Ripple holds billions of XRP in escrow and releases them monthly, creating a persistent supply overhang that weighs on price even when demand increases. The monthly escrow release of 1 billion XRP in August alone exceeded the total whale accumulation for the entire week. The net effect on circulating supply depends on how much Ripple returns to escrow, a figure the company reports quarterly but not in real time. In previous months, Ripple has returned between 800 million and 900 million tokens to escrow, meaning the net new supply reaching the market each month is typically between 100 million and 200 million tokens. Even at the lower end of that range, the monthly supply addition partially offsets the accumulation pressure from whale buyers.

Ripple Prime’s integration with EDX Markets and Hyperliquid to expand institutional access to spot, perpetual futures, and decentralized liquidity creates new demand channels that did not exist during the first three post-settlement rallies. Whether these channels can absorb enough supply to offset the escrow releases is one of the structural questions that will determine whether this rally holds.

The CLARITY Act as a binary event The Senate procedural vote on the CLARITY Act scheduled for Sept. 15 creates a binary event risk for XRP that has no parallel in the token’s history. If the bill passes cloture and eventually becomes law, XRP would receive the same commodity classification as Bitcoin and Ethereum, removing the final barrier to full institutional adoption. If it fails, the market would need to reprice the probability of regulatory clarity arriving through legislation versus the current patchwork of court rulings and agency guidance.

The bill’s passage is far from certain. Polymarket gives it approximately 16% odds, and the Senate procedural calendar is crowded. But the White House summit on Aug. 19 moved the conversation from theoretical to operational. The presence of the SEC chairman at a meeting dedicated to advancing the bill suggests coordination between the executive branch and the regulatory agencies that would implement it.

For XRP specifically, the CLARITY Act would resolve the last remaining ambiguity from the Ripple settlement. While courts ruled that XRP traded on secondary markets did not constitute a securities transaction, certain institutional sales remained subject to securities law considerations. The CLARITY Act would eliminate that distinction entirely, making XRP legally identical to Bitcoin for regulatory purposes.

The market appears to be pricing in a higher probability of passage than the prediction markets suggest, or at least pricing in the optionality that the political environment has shifted enough to make some form of regulatory clarity likely within the next 12 months, whether through this specific bill or an alternative path.

https://twitter.com/cryptodotnews/article/2061436021380661610

What to watch The 200-day EMA retest. A daily close below the 200-day exponential moving average within five trading days would repeat the pattern of three previous failed breakouts and signal that the rally was a short squeeze artifact.

Weekly ETF flow data for the week ending Aug. 29. If inflows sustain or accelerate from the $39.78 million recorded this week, it would confirm that institutional demand is genuine and not a one-week reaction to macro headlines.

The Sept. 15 CLARITY Act cloture vote. The vote itself is binary, but the political dynamics in the weeks leading up to it will shape expectations. Watch for co-sponsor additions or withdrawals as a leading indicator.

Exchange reserve levels. If the drawdown of 240 million tokens from exchanges since summer continues or accelerates, it would tighten supply further and support the price. A reversal, with tokens flowing back to exchanges, would suggest whale profit-taking.

The 30-year Treasury yield. The yield fell to 5.19% after the buyback announcement. If it climbs back above 5.50%, the macro tailwind that triggered the rally would weaken, and the rotation into risk assets could reverse.

Why did XRP surge 50% in one week? XRP gained approximately 56% between Aug. 18 and Aug. 22, 2026, driven by a convergence of four factors: the U.S. Treasury doubling bond buyback operations, a White House crypto summit advancing the CLARITY Act, whale accumulation of 380 million tokens in a single week, and $39.78 million in spot ETF inflows. The combination created feedback loops that amplified the move beyond what any single catalyst could produce.

What was the Treasury buyback and why did it affect XRP? Treasury Secretary Scott Bessent announced that long-term bond buyback operations would double from $2 billion to at least $4 billion per session starting Sept. 9. The buybacks pulled supply off the bond market, pushing yields down and freeing capital to rotate into risk assets including crypto. The 30-year yield fell to 5.19% within hours, triggering more than $3 billion in crypto short liquidations.

How much XRP did whales accumulate during the rally? Addresses holding between 1 million and 10 million XRP accumulated approximately 380 million tokens over the week of Aug. 18, according to on-chain tracking data. Total whale holdings rose from 16.05 billion to 16.36 billion XRP. Additionally, whale transactions exceeding $1 million surged 280% in 24 hours, with 38 large-value transfers recorded in a single trading day.

Is the XRP rally sustainable given the overbought RSI? The Relative Strength Index reached 85.4 on Aug. 22, the most overbought reading since July 2025. In three of four previous instances where XRP’s RSI exceeded 80 since the SEC settlement, the token retraced at least 15% within two weeks. However, the convergence of multiple catalyst types in this rally makes direct comparison to single-catalyst moves incomplete.

What is the current status of XRP spot ETFs? Seven U.S. spot XRP ETFs have been trading since November 2025, with issuers including Bitwise, Franklin Templeton, Grayscale, 21Shares, Canary Capital, and Volatility Shares. Cumulative net inflows have reached $1.55 billion, with the funds holding approximately 1.50% of total XRP supply. The week ending Aug. 22 saw $39.78 million in inflows, the strongest weekly pace since May.

What is the CLARITY Act and when is the vote? The CLARITY Act is proposed legislation that would classify XRP and similar tokens as digital commodities under CFTC oversight. A Senate procedural vote is scheduled for Sept. 15, 2026. Polymarket prediction contracts give it approximately 16% odds of passing. If enacted, it would give XRP the same regulatory classification as Bitcoin and Ethereum.

How does this rally compare to previous XRP moves since the SEC settlement? This is the second-largest post-settlement rally by magnitude (56%) and the first to combine macro, political, on-chain, and institutional catalysts simultaneously. The settlement rally (May 2025) was legal only, the ETF wave (November 2025) was institutional only, and the Ripple Prime rally (June 2026) was corporate only. Each previous rally eventually retraced between 60% and 100% of its gains.

What is XRP’s current price and market capitalization? As of Aug. 23, 2026, XRP trades near $1.46 to $1.51, with a total market capitalization of approximately $91.5 billion. It ranks among the top five cryptocurrencies by market cap. The 24-hour trading volume stands at approximately $9.3 billion, reflecting the elevated activity from the weekly surge.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrency markets are highly volatile, and past performance does not indicate future results. Always conduct your own research before making investment decisions. Published Aug. 23, 2026.

Key Takeaways XRP posted a remarkable 51% gain this week, reaching $1.50—the strongest weekly performance since November 2024 A U.S. Treasury decision to repurchase $4 billion in long-term bonds sparked the broader crypto rally Short liquidations totaling nearly $2 billion intensified XRP’s upward momentum Large holders have positioned significant sell orders between $1.48 and $2.00, creating potential resistance Binance’s reserves stand at 2.62 billion XRP, indicating substantial available exchange supply XRP experienced a powerful 51% rally this week, hitting $1.50 on August 23. This represents the token’s strongest weekly showing since November 2024. The performance significantly outpaced bitcoin’s 22%, ether’s 30%, and Solana’s 28% gains during the identical timeframe.

XRP Price The primary trigger came from the U.S. Treasury Department. Between September 9 and November 4, Treasury officials plan to repurchase $4 billion or more of their own bonds with 10- to 30-year maturities, effectively doubling the earlier $2 billion threshold. Market participants interpreted this action as an indication that authorities might be attempting to control escalating bond yields.

Long-term bond yields climbed to their highest points since 2007 earlier in the week. This development sparked worries about government borrowing expenses and dampened enthusiasm for riskier investments. The Treasury’s buyback program calmed these fears and triggered widespread gains throughout the cryptocurrency market.

XRP’s rally also benefited from substantial short position liquidations. According to Coinglass data, approximately $2 billion worth of short bets were forcibly closed this week. Such compulsory purchasing activity can rapidly accelerate price movements.

Major Holders Establish Resistance Zones Market observer CW shared on X that significant sell orders from large holders are positioned at $1.4824, $1.69, $1.70, $1.80, $1.95, and $2.00. CW identified several of these resistance points as originating from substantial Coinbase-associated wallets. The analyst also highlighted a major buy order near $1.30 that could provide downside protection if prices retreat.

CW observed that the closest sell barrier remained intact. According to the analyst, a decisive move above this level could create a path toward $2.15 with minimal obstacles between current prices and that target.

Bitstamp records indicated XRP was changing hands near $1.48 on August 23, following an intraday peak of $1.52. Daily trading activity totaled approximately $13.23 billion across 24 hours. The token’s market capitalization stood around $92.72 billion.

Exchange Supply Remains Elevated on Binance According to CryptoQuant analytics, Binance currently maintains approximately 2.62 billion XRP in its exchange wallets. This quantity accounts for roughly 2.6% of XRP’s maximum total supply of 100 billion tokens.

Source: CryptoQuant Exchange holdings had generally declined throughout most of 2026 before leveling off. Nevertheless, 2.62 billion tokens constitutes a substantial readily-available supply that could create selling pressure if market participants choose to liquidate.

Despite this week’s impressive performance, XRP has only reclaimed approximately 20% of its losses from the all-time peak of $3.65 established in July of last year. The asset traded below $1 as recently as the previous week.

CW also identified a golden cross formation between the EMA lines on the RSI indicator, characterizing it as a positive technical development. The immediate challenge is whether purchasing momentum can overcome the initial whale resistance in the $1.48 to $1.50 range.

XRP price traded near $1.47 on Aug. 24 after gaining 47.5% in seven days, putting the payments focused cryptocurrency on course for its strongest weekly performance since November 2024.

Summary

XRP price traded near $1.47 on August 24, gaining 47.5% across seven days after breaking higher. Treasury doubled planned long bond buybacks to at least $4 billion per operation starting September. Marketwide short liquidations exceeded $1.2 billion during one 24-hour period, accelerating the broader cryptocurrency rally. Binance XRP leverage reached its highest level since early 2026, increasing two sided liquidation risks. XRP price remains nearly 60% below its July 2025 record high despite its sharp weekly recovery. The token rose 1.2% over the previous 24 hours and traded between $1.44 and $1.54, according to crypto.news data. Daily trading volume stood at approximately $4.72 billion, while market capitalization reached $92.3 billion.

The crypto briefly moved above $1.50 before giving back part of the advance. The token remains about 59.6% below its July 2025 record of $3.65, showing that the rally has recovered only part of the previous bear market decline.

Treasury buybacks helped XRP and risk assets rally The advance began after the U.S. Treasury announced larger liquidity support buybacks for long dated government debt.

Treasury will raise the maximum amount purchased in individual operations from $2 billion to at least $4 billion. The change covers nominal securities in the 10 to 20 year and 20 to 30 year maturity ranges beginning Sept. 9.

The larger operations will remain in effect through Nov. 4, according to the official statement.

Long term Treasury yields initially fell following the announcement, while the U.S. dollar weakened and risk assets advanced. Lower yields can increase the relative appeal of assets that do not provide fixed income, including cryptocurrencies.

Some traders interpreted the move as a possible step toward “yield curve control.” However, Treasury described the operations as liquidity support for parts of the bond market receiving large volumes of eligible offers.

Yield curve control would generally involve a central bank targeting specific interest rates through potentially unlimited purchases. Treasury’s scheduled and capped operations do not meet that definition. Any claim that the announcement confirms future monetary easing remains speculative.

Marketwide short liquidations accelerated the move The rally coincided with a large reduction in bearish derivatives positions. CoinGlass data cited during the initial breakout showed approximately $1.2 billion in cryptocurrency shorts liquidated within one 24 hour period.

Those liquidations covered the wider cryptocurrency market rather than XRP alone. Available data does not support the claim that nearly $2 billion of XRP short positions were liquidated during the week.

A short liquidation occurs when an exchange forcibly closes a bearish leveraged position because the market has moved too far against it. The resulting purchases can push prices higher, forcing further liquidations and creating a short squeeze.

The crypto also received support from spot demand. As previously reported, large holders accumulated approximately 380 million tokens during the week as XRP Ledger transactions exceeding $1 million increased sharply.

The accumulation data does not identify the owners or their intentions. Large transfers can represent purchases, internal wallet movements, custody changes or exchange activity.

Rising XRP leverage raises reversal risk The estimated leverage ratio for XRP derivatives on Binance has climbed to its highest level since early 2026, according to CryptoQuant figures.

An increasing ratio means open interest is growing relative to the exchange’s XRP reserves. It does not reveal whether traders are predominantly bullish or bearish, but it indicates that more market exposure depends on borrowed capital.

High leverage can extend a rally when rising prices force short sellers to close. It can also deepen a correction when long positions are liquidated. The token could therefore experience larger movements in either direction while leverage remains elevated.

Meanwhile, the daily chart supports the stronger momentum. XRP’s price breakout was accompanied by volume of 77.59 million tokens, while the Chaikin Money Flow remained positive at 0.13. The Klinger Oscillator stood at 18.31 million, above its 10.1 million signal line, indicating continued buying pressure despite short term profit taking.

XRP price chart, source: crypto.news Crypto analyst EGRAG Crypto said XRP price remains inside a broader range until it closes above his identified resistance zone. His forecast that the token could eventually reach $6 to $7 assumes another large expansion based on earlier market cycles.

#XRP – The Range Before The Parabolic Move 🚀:

I consider myself as one of the biggest PERMABULLS when it comes to #XRP. But when it comes to TA, I have to respect:

👉Structure > Opinion > Bias

Until $XRP breaks and closes above the green-arrow zone, we are still trading the… pic.twitter.com/bL8Gk2eyvN

— EGRAG CRYPTO (@egragcrypto) August 23, 2026 The target is speculative and is not supported by a confirmed breakout. Historical percentage gains do not establish that a similar move will occur again.

XRP price must hold its breakout structure The immediate resistance area sits between the recent $1.54 high and the next psychological level around $1.60. A sustained close above that region would confirm that buyers remain active after the initial short squeeze.

The first nearby support is around $1.44, the lower end of the latest daily range. A deeper decline toward $1.30 would return the crypto price to the area traded during the earlier stage of the breakout.

XRP’s price 35.2% monthly gain supports the improved medium term structure. However, its 51.5% decline over the past year and continued distance from the record high show that a broader recovery has not been completed.

The U.S. policy outlook also remains relevant. In related coverage, uncertainty surrounding the CLARITY Act continued to weigh on XRP before the latest marketwide rally.

Traders will now watch whether spot demand continues after liquidations subside. The Sept. 9 start of the larger Treasury buybacks, movements in long term yields and changes in Binance leverage will provide the next tests for the XRP price rally.

COINDESK: Live updates: Bitcoin holds $77,000 as XRP, Zcash pull back after a big weekly rally

Leading cryptocurrencies pulled back on Sunday after a sharp rally earlier in the week as geopolitical tensions tempered risk appetite.

Crypto Market Cools DownBitcoin climbed to $78,000, faced resistance, and then began consolidating. The apex cryptocurrency has jumped 22% over the week to hit levels last seen more than three months ago.

Ethereum’s trading volume fell 17% over the last 24 hours as it traded between $2,357 and $2,483. XRP and Dogecoin recorded notable declines.

Nearly $400 million was liquidated from the cryptocurrency market in the last 24 hours, with $220 million in bullish long positions erased, according to Coinglass data.

Open interest in Bitcoin futures fell marginally by 0.02% over the last day but remained 17% higher over the week. Retail and whale derivatives traders on Binance remained in a “Neutral” position.

“Greed” sentiment persisted in the market, according to the Crypto Fear & Greed Index.

Top Gainers (24 Hours) 

The global cryptocurrency market capitalization stood at $2.63 trillion, following a modest increase of 0.18% over the last 24 hours.

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Stocks Futures SlideStock futures ticked lower overnight on Sunday. The Dow Jones Industrial Average Futures fell 48 points, or 0.09%, as of 8:41 p.m. EDT.  Futures tied to the S&P 500 dipped 0.03%, while Nasdaq 100 Futures slid 0.06%.

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Geopolitical tensions continued to weigh on investor sentiment as Treasury Secretary Scott Bessent said Washington will impose the “toughest sanctions in history” on Iran, with more details expected Monday.

Meanwhile, investors will be watching Wednesday’s release of the July personal consumption expenditures price index for new clues on inflation.

Bitcoin Headed to $82,000?Michaël van de Poppe, a widely followed cryptocurrency analyst and trader, predicted a “little dip” for Bitcoin on Sunday evening, followed by a continuation higher to break $82,700, while viewing $74,000 as a “massive area” to buy if tested.

Van De Poppe also weighed in on Ethereum’s potential, stating that ETH is more likely to make another run toward the highs in the coming days.

On the other hand, the analyst identified $2,200 as a potential entry point on any retest of lows.

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© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Following one of its biggest daily movements of the year, XRP has completely altered its short-term technical structure. After briefly rising to about $1.70, the asset is currently trading at about $1.49. The breakout was accompanied by a significant increase in trading volume. 

XRP's fundamental improvements Most significantly, the whole cluster of major moving averages has been cleared by XRP. The shorter averages are located much lower at about $1.10-$1.18, while the long-term moving average near $1.35 served as the last significant dynamic resistance. Therefore, holding above $1.35 would indicate a significant structural improvement as opposed to a brief spike in volatility. 

XRP/USDT Chart by TradingViewBut the rally has grown incredibly long. With a daily RSI of about 86, XRP is extremely overbought. Additionally, the lengthy upper wick at $1.70 indicates that sellers have already reacted forcefully at higher prices. The $1. 50-$1. 55 area is the immediate problem. The route toward $1.60 and ultimately the most recent intraday peak of $1.70 could be reopened by a daily close above this area. 

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XRP would have comparatively little visible resistance before the $1.80-$2.00 range if it broke $1.70. A correction wouldn't always render the breakout invalid. The long-term moving average and the breakout area are located at $1.35, which is the first significant support. 

The larger recovery structure is maintained if XRP is able to establish that level as support. However, a decline below $1. 35 would increase the likelihood that the explosive move was an exhaustion event rather than the start of a long-term trend reversal. 

Shiba Inu building recovery structureAfter months of consistent downward pressure, Shiba Inu is trying to build a recovery structure, but the most recent rejection indicates that bulls have not yet achieved a complete trend reversal. Following an explosive move that momentarily raised the token above $0.00000600, SHIB is currently trading around $0.00000544. 

SHIB/USDT Chart by TradingViewThe long-term moving average, which is currently at $0.000574, was the most significant technical barrier in the current setup since that rally was promptly rejected close to it. The fact that SHIB is still higher than its shorter moving averages is a positive development. The token has recovered the orange average at $0.00000493, and there is more support at $0.00000480 and $0. 00000457. 

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As a result, the short-term structure is significantly healthier than it was in June and July. It has also gained momentum. After the rejection, RSI is now close to 64, above its signal line but not overbought. During the breakout attempt, trading volume increased significantly, indicating real market participation as opposed to a low-liquidity drift higher. 

Now, SHIB must convert $0. 00000550-$0. 00000575 into support. The former March-May consolidation zone, which is located between $0. 00000620 and $0. 00000660, would be exposed after a clear break above the long-term moving average at roughly $0.00000600. 

SHIB would remain susceptible to another retracement if that obstacle was not overcome. The current recovery would be weakened if the token lost $0. 00000490, and it would revert to its previous bearish structure if it moved below roughly $0. 00000455. The long-term resistance directly overhead continues to be the crucial test, but for now, SHIB has momentum. 

Hyperliquid's skyrocketing continuesAfter momentarily reaching about $82.50, Hyperliquid has continued its breakout and is currently trading around $80. The move confirms that the August recovery has grown into a much larger bullish impulse and places HYPE firmly above its prior June-July peaks around $75–$77, giving the token a new local high. 

HYPE/USDT Chart by TradingViewTechnically, the structure is very robust. With dynamic support presently concentrated around $63. 21, $61.10, and $58.56, HYPE trades significantly above all major moving averages. Near $52.42, the long-term average is still significantly lower. The distance between price and these averages illustrates both the strength of the move and the length of HYPE.

The biggest immediate risk is now that extension. At 80. 55, the daily RSI is clearly in overbought territory. Additionally, volume has increased significantly during the breakout, bolstering the move's legitimacy and raising the likelihood of profit-taking following such quick appreciation. 

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Keeping the price between $75 and $77 is now crucial for bulls. The first significant area of support ought to be this former resistance zone. A path toward $82. 50 and possibly $85-$87.50 would be preserved if it were held. While HYPE's overall structure is still bullish while it remains significantly above the $60-$63 region, a decline below $75 would instead raise the likelihood of a deeper retest toward $70. 

Bitcoin's breakout might slow downBitcoin has experienced a significant technical breakout, rising from the consolidation range of $63,000 to $65,000 to roughly $77,000 in a few daily sessions. More significantly, one of the strongest technical barriers that had kept the price contained since the start of the wider downtrend has been removed as Bitcoin has crossed its long-term moving average at roughly $71,689. 

The move's credibility was increased by the breakout's significant volume expansion. Additionally, Bitcoin trades well above its shorter moving averages, which are currently centered between $65,100 and $67,500. Momentum, however, is now severely stretched. The daily RSI is at about 80, while its moving average is at about 58 points. 

BTC/USDT Chart by TradingViewThat does not necessarily mean a quick reversal, but it does make further upside more reliant on consistent buying as opposed to just momentum continuation. The May peak is located between $82,000 and $82,500, and the first resistance is located around $80,000. The $85,000 region might become visible if that area were cleared, which would be another significant structural improvement. 

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On a pullback, the more crucial test might occur. Because it includes the recently reclaimed long-term moving average and breakout region, the $71,500–$72,500 area now serves as the crucial support zone. 

The claim that Bitcoin has moved out of its prior bearish structure would be strengthened by a successful retest. That thesis would be undermined if $71,500 were lost, exposing $67,000 to $68,000. Although BTC has currently reached the necessary breakout bulls, consolidation would be preferable to another quick vertical advance due to its overbought momentum.

XRP rallied sharply from below $1.00 to reach a local high of $1.63, before pulling back to trade near $1.53, according to a technical analysis shared by crypto analyst and trader CasiTrades. The analyst highlighted the importance of the current price area for Ripple’s native token, emphasizing that how XRP behaves at this level could determine its next major move.

Technical signals at macro Fibonacci levelsCasiTrades pointed to the macro 0.618 and 0.65 Fibonacci retracement levels as pivotal, suggesting these areas could define support or resistance for XRP. On X, the analyst stated that this is “a very critical moment for XRP to build support or confirm resistance at its macro .618/.65.”

This is a very critical moment for XRP to build support or confirm resistance at its macro 0.618/0.65 levels.

The recent price action has placed XRP within a resistance zone spanning approximately $1.53 to $1.64. On CasiTrades’s chart, the 0.618 Fibonacci level is seen near $1.6371, while another 0.618 and the 0.65 level are located around $1.5331 and $1.5320, respectively. This cluster has attracted significant attention from technical traders after the sharp rally from lower price points.

Fibonacci LevelPrice Zone0.618$1.63710.618$1.53310.65$1.5320Before this surge, XRP overcame a previous support region near $1.08 and broke above a long-term descending trendline. This breakout led to accelerating gains, putting XRP at the center of market discussions.

Community outlook and price debateTraders responding to CasiTrades’s post expressed different views about XRP’s next move. Some suggested that those who missed out on entries below $1.00 may not get another chance, as momentum appears strong. For_The_Crown expressed satisfaction with having bought XRP near $0.99 and questioned whether prices would revisit the $0.94 to $0.93 range again.

DF advanced a bullish scenario, indicating XRP could reach $1.81 before retracing in an ABC correction. According to this view, such an advance would add further evidence that the bottom is firmly in place, making a drop below $0.91 less likely. Meanwhile, trader CryptoFarsh stated that a quick rebound from $1.07 demonstrated clear demand, and highlighted a bullish crossover between the daily 21 EMA and 33 EMA. CryptoFarsh added that if this signal is confirmed on the weekly chart, it could point to sustained upward momentum.

Mini dictionary: Exponential Moving Average (EMA) is a technical indicator that gives greater weight to recent price data and is widely used by traders to identify market trends.

Traders note that recent jumps in XRP may have ended chances for lower-priced entries, while bullish signals on moving averages are attracting attention on the charts.

XRP faces critical price testAt the center of current analysis is whether XRP can build and sustain support around $1.53. If the price maintains this level, some traders believe the token could attempt another leg higher, possibly retesting or exceeding recent highs.

Conversely, failure to hold this area could result in XRP confirming resistance at the critical Fibonacci zone, which may trigger a correction. CasiTrades and other analysts are closely monitoring the price action, framing the situation as a key test following substantial gains from recent lows.

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

Ripple CEO Brad Garlinghouse used a speech at the CFTC’s Innovation Advisory Committee meeting this week to make the case for passing the Clarity Act, pointing to his company’s own multi-year legal fight with the SEC as evidence of the cost uncertain regulation imposes on the industry.

A $150 Million Legal Bill

Garlinghouse said Ripple spent $150 million on outside legal counsel during its four-year lawsuit with the SEC, a fight he said most companies could not have afforded. “Other companies were bullied into submission,” he said, referring to firms he suggested settled or shut down rather than risk a similar legal battle before Ripple’s case set precedent.

The Case for Clear Rules

Garlinghouse argued the current regulatory environment remains inadequate. “The status quo is not good enough for consumers or for innovation,” he said, calling clear rules essential both to protect users and hold companies accountable, while giving compliant businesses the confidence to operate in the United States.

Hiring Moved Offshore

To illustrate the impact of regulatory uncertainty, Garlinghouse said 80% of Ripple’s hiring during its four years of litigation was outside the United States, a pattern he said left lasting effects on the company’s footprint. London remains Ripple’s second-largest office today, which he attributed directly to that period.

A Shift Under the Current Administration

Garlinghouse said the regulatory posture has changed under the current administration, crediting leadership at both the CFTC and SEC. He argued the technology represented at the meeting has the potential to make moving money faster, more efficient and more accessible, but said that potential depends on regulatory clarity being formally established.

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XRP has drawn significant attention after its market capitalization surged to approximately $94 billion, surpassing the estimated gross domestic product (GDP) of Belarus. Recent figures from BankXRP, referencing World Bank data, indicate Belarus is projected to reach a GDP of $93.4 billion in 2025, placing XRP’s valuation above that economic benchmark.

XRP outpaces global companies and economiesAt a current price of $1.51, as tracked by CoinCodex, XRP continues to climb the global valuation rankings. Its total market cap now exceeds not only that of Belarus, but has reportedly also overtaken Intercontinental Exchange (ICE). ICE, the parent company of the New York Stock Exchange, represents one of the most significant players in traditional financial infrastructure.

This comparison underscores the rapid expansion of XRP in the digital asset sector, especially considering the volatility and relative youth of the cryptocurrency compared to established financial firms like ICE. Only a slight increase in market capitalization would position XRP above Lithuania’s forecasted GDP of $95.2 billion for 2025, further illustrating how quickly digital assets can rival national economic outputs.

Shifts like these highlight the growing overlap between digital asset valuations and traditional financial markers, with major cryptocurrencies increasingly being compared to longstanding institutions and economies.

Open interest climbs to $3.56 billion amid heavy derivatives activityIn parallel with its climbing market cap, XRP open interest in derivatives has seen a substantial jump. ChartNerd, a market analyst, observed that open interest surged from around $2.3 billion to $3.56 billion over a short period, reflecting a significant increase in both futures and perpetual contract trading.

This escalation in open interest points to heightened market activity, although it does not clarify if the majority of traders are taking long or short positions. Increased leverage can intensify both potential gains and the risk of cascading losses during periods of high market volatility.

Growing market cap, increased derivatives volumes, and notable accumulation by large holders have combined to place XRP in a prominent position within the crypto landscape.

XRP recently broke out of a two-week consolidation phase, while large investors are reported to have acquired roughly 190 million XRP in a single day, according to sources tracking on-chain activity. The alignment of market momentum and strategic accumulation has contributed to a broader sense of anticipation surrounding XRP’s next move.

Traditional finance and Web3 convergeWhile digital assets like XRP surge in valuation and derivatives activity, a broader transformation is underway in financial markets. Wall Street firms are increasingly embracing Web3 technologies, moving beyond traditional brokers. Platforms such as 1stepSwap now enable investors to hold shares of leading U.S. companies, gold, and silver directly in their crypto wallets. By tokenizing real-world assets and executing trades at optimal prices within seconds, these solutions eliminate the need for intermediaries, reflecting major structural changes in how assets are transacted and held.

Amid these developments, XRP’s prominence has also reached the realm of U.S. policy discussions. During a Newsmax interview, Vice President JD Vance addressed questions linking XRP and other cryptocurrencies to the U.S. national debt and the possibility of including digital assets in future reserves. This signals that digital assets are gaining attention not only within markets, but also among policy makers exploring their potential financial system roles.

With open interest at $3.56 billion and XRP’s market capitalization nearing Lithuania’s projected GDP, participants are closely monitoring whether spot market demand can sustain the current rally beyond leveraged trading activity.

As XRP’s market metrics power ahead, traders and analysts are watching for further signals of either consolidation or expansion, particularly as the token edges closer to overtaking more sovereign economies and major global companies in value.

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

A significant imbalance has developed in the XRP market, as shown by new data from CoinGlass and Bitfinex, despite the spot price remaining above $1.50. The surface stability seen in XRP’s price is masking underlying risks linked to growing leveraged positions.

Sharp increase in margin longsOn Bitfinex, the volume of XRP margin long positions recently broke above 6.41 billion coins. In the most recent trading candle, traders increased their long exposure by over 260 million XRP, highlighting the accelerating use of leverage.

This trend is not limited to a single platform. Major exchanges including Binance are also seeing a rise in leveraged buying activity, with the number of long positions now more than two and a half times the volume of short positions. The balance between speculative bets and traditional investors has tilted heavily toward high-risk exposures.

Mini dictionary: Margin long – A position using borrowed funds to amplify buying power, which increases both the potential for gains and the risk of losses if the market moves against the position.

Short-term traders now dominate XRP markets, pushing daily futures trading volume to nearly 4.5 times the value of actual spot trading. This suggests that leverage, rather than organic demand, is fueling much of the current price action.

According to market data, the buyer side is showing an imbalance of 723%, indicating excessive risk. While short sellers’ risk exposure stands at approximately $2.95 million, the long side faces a much steeper potential loss.

PositionRisk ExposurePotential Liquidation ClusterBuyers (Longs)$24.29 million7.2 times higher than shortsSellers (Shorts)$2.95 millionReferenceIf XRP’s price moves closer to what traders call the “maximum-pain” zone for longs, a cluster worth $24.29 million could be forcibly liquidated, which is over seven times the risk on the short side.

Market instability warningSigns of instability have begun to appear. Over the past 24 hours, approximately $29 million in positions were forcibly closed, with the majority of these losses impacting leveraged longs. With futures liquidity heavily concentrated on Binance, significant selling from large holders in the spot market increases the risk of a liquidation cascade.

During weekend trading, when liquidity tends to be lower, analysts caution that this setup could quickly push the price of XRP toward the margin trap zone near $1 as liquidations cascade across the market.

Speculative leverage now dominates XRP markets, with long positions reaching unprecedented levels and exposing buyers to heightened liquidation risk if prices turn sharply lower.

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

Ripple ETFs See Best Week Since May as XRP Exploded to 7-Month High