22 August 2026 | 11:36 XRP almost cleared $1.70 after rising 60% in a week. The daily chart shows the token reaching $1.69 before slipping back toward $1.55, where a May swing high now comes into play.
The failed first push does not settle the question at $1.70. It moves the focus lower. If XRP can make $1.55 behave like support, a return to the January level will carry more weight than the first spike into it.
XRP Price Chart from TradingVIew $1.70 stopped the first charge Late January was the last time XRP traded around $1.70 before the much deeper decline that followed in February. That history gives the level more significance than an arbitrary round number.
XRP has returned there after recovering above its 50-day ($1.09), 100-day ($1.15) and 200-day ($1.27) moving averages. Those levels confirm that the broader price structure has improved, but they are now far below the immediate battle.
The first encounter with $1.70 ended just below the line. XRP’s daily RSI reached 87.52, a reading that captures how quickly buyers pushed the market higher. A pause after such a move would be normal. What matters is where that pause finds support.
The May high is now under pressure The area around $1.55 overlaps with a swing high from May. Until now, that price sat above XRP as a ceiling. Its role changes only if the market can revisit it, absorb selling and close back above it.
That does not require XRP to move in a straight line. A brief dip beneath $1.55 would not erase the setup by itself. The stronger signal would be price stabilising in the area and recovering by the daily close, showing that buyers are willing to defend the higher range.
Failure to do so would leave the move to $1.70 looking like a sharp rejection from old resistance. In that case, the chart would still show an impressive rally, but not yet a confirmed breakout.
There is real demand behind the move, but futures still set the pace CoinGlass listed $5.51 billion in XRP spot volume over 24 hours, alongside $20.60 billion in futures turnover. The spot figure matters: this has not been a rally produced only by a short squeeze or derivatives traders passing contracts between themselves.
Futures activity is still roughly 3.7 times larger than spot volume. That imbalance does not invalidate the move, but it does make the price more sensitive to changes in positioning. A market led by perpetual contracts can rise quickly, and give back ground just as quickly when leverage turns.
Open interest stood at $3.87 billion, while $125.59 million in XRP futures positions were liquidated over the same 24-hour period. Those figures fit the character of the rally: large participation, fast turnover and little room for traders caught on the wrong side.
What would make a second attempt different A return to $1.70 becomes more convincing if XRP can spend time around $1.55 without attracting another aggressive buildup in open interest. Price holding steady while leverage cools would suggest that the market is clearing late entries rather than losing underlying demand.
Spot activity also needs to remain present. The current $5.51 billion in cash-market volume gives the rally a stronger base than a purely futures-driven surge. If that interest remains firm while XRP moves back toward $1.70, buyers would be approaching the level with more than momentum behind them.
Funding is the final part of the picture. Rapidly rising positive funding combined with expanding open interest would show traders crowding into longs before the breakout has happened. A more restrained funding market would leave XRP less exposed to a sudden flush when it meets resistance again.
The actual break requires a daily close above $1.70, followed by a return to the level that does not immediately fail. Until then, the market has tested the January ceiling; it has not taken it.
Make $1.55 boring, then revisit $1.70 XRP does not need another vertical candle to keep this recovery alive. It needs to turn the May high into an uneventful support area, with buyers absorbing a retest and derivatives positioning becoming less frantic.
That would change the character of the next move toward $1.70. Without it, the first rejection remains the more important signal. With it, XRP would have a cleaner base beneath the level that stopped the rally this week.
The article is provided for informational purposes only and does not constitute investment advice.
Author
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
Key Takeaways Goldman Sachs has re-established itself as the top institutional XRP ETF investor with $86.50 million distributed across five different ETF products. Major financial institutions including JPMorgan, Morgan Stanley, and Bank of America revealed XRP ETF positions in their Q2 2026 regulatory filings. XRP spot ETFs attracted $13.24 million in net inflows on Thursday, bringing total assets under management to $1.17 billion. The XRP token has gained more than 40% over the past week, currently trading between $1.31 and $1.38, with daily volume surging 156%. Open interest in XRP futures contracts increased by over 17% to reach $3.44 billion, with CME experiencing a 35% uptick. In a significant development for cryptocurrency institutional adoption, Goldman Sachs has reclaimed the position of largest XRP ETF holder according to its Q2 2026 regulatory disclosure filed with the U.S. Securities and Exchange Commission. After completely divesting from XRP ETF positions in the previous quarter, the investment banking giant has re-entered with an $86.50 million allocation distributed across five distinct ETF products.
Goldman’s portfolio encompasses positions in products from Bitwise, Franklin Templeton, Grayscale, Canary, and 21Shares. Specifically, the firm holds 2,208,949 shares of the Bitwise XRP ETF, 2,238,407 shares of Franklin’s XRPZ product, and 1,759,090 shares of Canary’s XRPC offering.
Additionally, Goldman reported holdings of 806,126 TOXR shares and 377,619 shares of Grayscale’s GXRP fund. Prior to its exit, the investment bank’s XRP ETF position was valued at approximately $152 million.
The filing also revealed that Goldman holds 365,976 shares of XRPN through Armada Acquisition Corp II, a special purpose acquisition company backed by Ripple-connected Evernorth Holdings, which is pursuing a Nasdaq exchange listing.
Wall Street’s Growing XRP Appetite Goldman Sachs isn’t the only major financial institution entering the XRP ETF space. JPMorgan, Morgan Stanley, and Bank of America each disclosed XRP ETF positions in their Q2 2026 regulatory filings. This coordinated movement suggests increasing acceptance of XRP-linked investment vehicles among established financial institutions.
Market analysis from Coin Bureau highlighted on social platforms that XRP experienced a remarkable 40% surge within five days, climbing from below $1.00 to approach $1.40. Their research indicated that large-scale investors accumulated more than 300 million XRP tokens during the 96-hour period preceding the rally’s start. They also emphasized that the $0.98 price level had historically served as a launching point before XRP’s 2024 climb to its record high near $3.65.
XRP surged 40% in FIVE days.$XRP went from under $1.00 to nearing $1.40, its BIGGEST weekly rally since the 2024 election pump.
It bounced from $0.98, the exact same level it sat at before the 2024 rally carried it to an all-time high near $3.65.
It hasn't traded near $1.40… pic.twitter.com/PmkR1GHXPn
— Coin Bureau (@coinbureau) August 21, 2026
On Thursday, spot XRP ETF products recorded $13.24 million in net positive flows. Bitwise commanded the largest share with $9.9 million in inflows, while Franklin attracted $3.34 million. The combined assets under management for all spot XRP ETFs now stands at $1.17 billion, with aggregate inflows surpassing $1.53 billion.
Source: SoSoValue XRP Market Performance and Trading Metrics XRP is presently trading in the range of $1.31 to $1.38, representing approximately 22% gains for the day and 39–40% growth over the week. The 24-hour price range extended from $1.16 to $1.43.
XRP Price Trading activity has intensified with volume increasing 156% during the past 24 hours. Open interest in XRP futures contracts surged more than 17% to reach $3.44 billion. CME futures open interest jumped 35%, while Binance experienced a 15% rise and Hyperliquid recorded a 29% increase.
The wider cryptocurrency market rally has been partially attributed to the U.S. Treasury’s bond buyback program, which decreased yields and created more favorable financial conditions.
An initiative to introduce institutional lending capabilities to the XRP Ledger — involving Clearpool, Cicada Partners, and Ripple serving as a capital provider — was announced previously and continues to develop.
XRP is approaching a crucial technical resistance at $1.65, with traders closely monitoring whether the cryptocurrency can break through this level and confirm a longer-lasting uptrend. The digital asset, which is native to Ripple’s payment network, currently trades at $1.59, putting it within close range of a possible test of the resistance zone.
Analysts focus on $1.65 breakoutMarket analyst EGRAG CRYPTO recently emphasized the significance of the $1.65 mark for XRP. According to his assessment, this level performed as both a major support during declines and as tough resistance throughout recovery phases. He noted that a sustained breakout above $1.65, with XRP holding that level as new support, would signal a potentially strong bullish trend shift.
CoinCodex data shows XRP hovering near $1.59, leaving bulls with a narrow gap before directly challenging resistance. In the broader context, technical momentum around XRP has improved since the asset moved out of a two-week trading range, offering additional optimism for those betting on further upside.
Large holders have reportedly accumulated about 190 million XRP in a single day, while activity on the XRP Ledger has risen, suggesting renewed interest among investors.
EGRAG CRYPTO and other analysts continue to watch whether XRP can transform $1.65 from resistance into a solid support base. Without a clear breakout, any rally may prove short-lived instead of marking the start of a broader uptrend.
Long-term signals and technical comparisonsTechnical analyst ChartNerd has pointed out similarities between XRP’s current structure and its setup following the 2022 market cycle bottom. He identified the 50-week exponential moving average (EMA) as a crucial indicator for assessing the strength and sustainability of this rebound.
The 50-week EMA represents a smoothed trend marker that helps traders evaluate whether an asset is in a bearish or bullish phase over a longer timespan. If XRP successfully climbs above the 50-week EMA alongside a move beyond $1.65, these two signals could reinforce each other and confirm a more decisive shift toward bullish momentum.
Mini dictionary: Exponential Moving Average (EMA) — An EMA is a type of moving average that places a greater weight and significance on the most recent data points. In cryptocurrency trading, the 50-week EMA is often used to assess whether a coin is in a long-term bullish or bearish trend.
Regulatory and industry contextIndustry developments have also put XRP in the spotlight. Ripple, the company behind the asset, continues to advocate for regulatory clarity in the United States. CEO Brad Garlinghouse recently participated in private discussions on the CLARITY Act with Commerce Secretary Howard Lutnick, further highlighting efforts to establish clear rules for cryptocurrencies in the country.
As the market awaits a decisive move, traders will continue to track whether XRP can break out above $1.65 and hold it as a support level — a move that could define the next chapter of its recovery.
Level/MetricCurrent ValueSignificanceXRP trading price$1.59Close to key resistanceKey resistance$1.65Potential breakout target50-week EMANot specifiedLong-term trend indicatorLarge holder accumulation (1 day)190 million XRPSignals growing interest Bulls need more than a quick move to resistance. Sustained trading above $1.65, with that level acting as support, could mark a meaningful shift in XRP’s technical structure.
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 sharp move in XRP has drawn attention among traders and analysts, after the cryptocurrency surged nearly 59% since breaking out from a key technical area. The rally followed chart signals identified by BankXRP, a crypto analyst active on X (formerly Twitter), and coincided with a series of regulatory and institutional developments benefiting the Ripple ecosystem.
XRP surges after technical breakoutBankXRP posted a TradingView chart on August 22 highlighting that XRP had gained 59% from its breakout point, with the token reaching $1.5638. Early traders who recognized the setup saw substantial returns as the upswing unfolded.
Shortly after, additional commentary from the trading community indicated that XRP extended its rally, touching a high of $1.68 before moderating to around $1.53. This move marked a multi-month peak for the cryptocurrency and underscored renewed interest in the asset.
Nearly 59% move from the breakout area. The setup was there. Those who positioned early are now seeing it play out. This is why I watch the structure, not just the candles.
Market observers emphasized structure-based analysis for anticipating such moves, rather than relying solely on short-term candlestick activity for trading decisions.
Major US regulatory and political developmentsOn August 19, regulatory attention on the crypto sector intensified when Ripple CEO Brad Garlinghouse joined President Donald Trump at the White House, accompanied by key figures such as SEC Chair Paul Atkins, CFTC Chair Mike Selig, Treasury Secretary Scott Bessent, and Coinbase CEO Brian Armstrong. The group discussed digital asset policy and the future of regulatory approaches in the United States.
Trump publicly urged Congress to advance the CLARITY Act, legislation designed to set a federal regulatory framework for digital assets and determine whether cryptocurrencies are classified as securities or commodities. The bill, which already passed the US House of Representatives in 2025, is now scheduled for a procedural Senate vote on September 15 and requires 60 votes to proceed.
Garlinghouse cited research that estimates 67 million Americans are crypto holders, representing nearly one in four adults. He argued that clear regulation would facilitate broader adoption and open the doors for greater institutional investment.
Mini dictionary: CLARITY Act, a proposed US law aiming to define the regulatory status of cryptocurrencies and improve legal certainty for digital assets by clarifying whether they fall under securities or commodities regulations.
Institutional flows and new partnerships strengthen XRP momentumInstitutional demand for XRP gained a boost as spot XRP exchange-traded funds (ETFs) recorded $5.81 million in inflows on August 18, the highest single-day amount since July 31. Data shows these ETFs currently hold about 1.5% of XRP’s circulating supply, increasing their influence on price dynamics.
DateXRP ETF InflowsXRP Price HighAugust 18$5.81 million$1.68July 31Previous highBelow $1.68Ripple also announced a strategic partnership with Jeonbuk Bank in South Korea to launch Ripple Payments, supporting faster and more efficient cross-border business remittances. This initiative aims to increase XRP’s practical utility and drive further institutional adoption.
Mini dictionary: Jeonbuk Bank is a South Korean regional bank with a focus on digital innovation, now collaborating with Ripple to integrate blockchain-based payment systems for enhanced cross-border transfers.
Analyst perspective: Structure over short-term signalsBankXRP reiterated that the 59% rally was foreseeable for those tracking technical structures, not just daily price fluctuations. Analysts believe that strategic early positioning, based on longer-term structural analysis, continues to distinguish consistently successful traders from those who react to short-term movements.
Those who saw the structure bought early and are seeing profit. Positioning early, based on structure, is what separates prepared traders from reactive ones.
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 staged one of its strongest daily gains in recent months, climbing nearly 10% and reaching the $1.40 area after spending much of August seeking the $1.00 milestone. This sharp rally saw the cryptocurrency surpass several key moving averages and major resistance points, strengthening its immediate technical outlook.
XRP recovers key resistanceThe most notable advance came as XRP broke above the critical $1.16 resistance as well as short-term averages near $1.09. The price temporarily moved past the long-term moving average, which had previously acted as dynamic resistance during the extended downtrend, topping $1.34 at its peak.
Maintaining levels above $1.34–$1.35 could prove far more important to sustaining this uptrend than the initial surge. An established daily close above this region may open the door to the $1.45–$1.50 zone and turn the long-term moving average into a floor. The former consolidation area around $1.55 could become relevant if the momentum persists.
Trading volume added further confirmation, with daily turnover jumping to approximately 277 million, notably higher than in previous sessions. The daily relative strength index (RSI) spiked to around 83, placing XRP in distinctly overbought territory.
XRP’s short-term outlook has improved after the break above $1.34. Still, momentum readings suggest rising risks as the rally becomes increasingly stretched.
Analysts cautioned that while strong rallies can keep assets overbought for a while, the risk of a pullback grows. A retracement to $1.34 could be constructive if bulls defend that level; losing it may deepen the retest toward $1.16.
AssetCurrent PriceKey ResistanceKey SupportCurrent RSIXRP$1.40$1.45–$1.50$1.34, $1.1683SHIB$0.00000523$0.0000057–$0.0000058$0.000005, $0.0000046567.8DOGE$0.087$0.09–$0.095$0.080, $0.072–$0.07377.7HYPE$76$76–$78$68–$70, $60–$6178SHIB aims for bullish reversalShiba Inu (SHIB) advanced about 5.7% to $0.00000523, seeking to turn a recent bounce into a true trend reversal. After clearing the essential $0.000005 marker, SHIB’s technical structure has improved, highlighted by a break above the orange moving average near $0.00000489 and clearing short-term averages at $0.00000452–$0.00000465.
Trading activity surged as volume reached nearly 1.53 trillion SHIB. The price rise, combined with increased volume, reinforced the significance of the move, contrasting with the quieter period earlier in August. However, SHIB faces stiff resistance at $0.0000057–$0.0000058, near the downward-sloping long-term moving average of $0.00000574.
The RSI currently sits at roughly 67.8, just shy of the typical 70 overbought threshold. Compared to XRP, SHIB still has room for growth if momentum picks up. Breaking and securing $0.0000057 as support would put the March–May consolidation zone near $0.0000060 into focus for the bulls.
SHIB’s breakout over key averages and the $0.000005 level signals a potential bullish shift, but confirmation above $0.0000058 remains vital for a true reversal.
A failure to hold $0.000005 may weaken SHIB’s setup, returning focus to $0.00000465 and $0.0000045 as support.
HYPE tests yearly highsHyperliquid (HYPE) surged toward $76 in a strong daily move, essentially erasing losses from the August decline. The asset has returned to the upper edge of its 2026 trading range and is challenging previous highs between $76 and $78, lending further technical significance to the rally.
HYPE’s recovery is supported by reclaiming all major moving averages on the daily timeframe. The intermediate average near $57.70 and short-term support between $60.50 and $60.70 reinforce the uptrend, while a long-term average at $51.90 sits further below.
Compared to the earlier August correction, HYPE’s rebound comes with a stronger structure and increasing, though still moderate, trading volume. If buyers can secure a daily close above $76–$78, the token may enter price discovery mode, targeting $80 in the near term.
Momentum remains the main risk factor, with a daily RSI of about 78 marking very overbought conditions. Some cooling or a pause would be typical before further upside, while support at $68–$70 and then $60–$61 provide downside protection.
Hyperliquid is a decentralized derivatives trading platform offering perpetual contracts and spot trading for a wide range of digital assets.
Mini dictionary: Hyperliquid, a decentralized exchange specializing in derivatives and spot trading, uses advanced on-chain order book architecture to provide high-speed, gas-free trading for digital assets.
DOGE breaks out, eyes key resistanceDogecoin (DOGE) jumped roughly 4% to about $0.087, producing a clear breakout from the compressed trading structure that defined August. The move propelled DOGE past several important resistance zones that had weighed on the price near yearly lows.
A sustained recovery of short-term averages at $0.072 and a subsequent surge past the intermediate average at $0.080 marked the start of this breakout, with trading volumes climbing to 1.07 billion DOGE. This significant volume shift contrasts with the subdued activity earlier in the month, providing essential confirmation for the rally.
DOGE now faces new technical hurdles, trading below its primary dynamic resistance at the long-term moving average near $0.095. This level also aligns with a previous consolidation zone between $0.09 and $0.10.
Momentum indicators now reflect a stretched market, with DOGE’s daily RSI surging to 77.7. If the $0.09–$0.095 range is cleared and held, further gains to $0.10 or even the May highs around $0.11–$0.115 become possible. If momentum slows, defending $0.080 is now crucial for bulls.
While DOGE’s breakout is impressive, restoring the broader bullish structure depends on a decisive reclaim of $0.095; support sits strongest at $0.072–$0.073.
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.
This Thursday, the first meeting of the U.S. Commodity Futures Trading Commission (CFTC) Innovation Advisory Committee (IAC) was held, chaired by CFTC Chairman Michael S. Selig and other officials, with a large number of cryptocurrency founders and executives in attendance. As the crypto sector continues to rally, below are the gains of related cryptocurrencies and stocks: • Cryptocurrencies: LIT rose over 21% in 24 hours, hitting a market cap of $797 million; XRP gained over 20% in 24 hours, reaching a market cap of $96.57 billion; CRO climbed over 16% in 24 hours, with a market cap of $3.067 billion; UNI rose over 15% in 24 hours, hitting a market cap of $3.84 billion; LINK gained over 12% in 24 hours, reaching a market cap of $9.148 billion; OKB climbed over 10% in 24 hours, with a market cap of $2.469 billion; SOL rose over 8% in 24 hours, hitting a market cap of $56.107 billion. • U.S. equities: COIN closed up 8.20%, with a market cap of $49.203 billion; BTGO closed up 3.64%, reaching a market cap of $804 million; HOOD closed up 13.70%, hitting a market cap of $97.218 billion.
After spending the majority of August working toward $1.00, XRP has made one of its strongest daily moves in months, rising by about 10% and hitting the $1.40 region. Although the move has already reached technically overheated territory, the breakout significantly improves the short-term structure.
XRP is finally backThe most significant development is that XRP recovered multiple moving averages in a single session. The price has broken through the major resistance near $1.16 and the short-term averages around $1.09. More significantly, XRP momentarily surpassed the long-term moving average, which had served as dynamic resistance during the larger decline, at $1.34.
XRP/USDT Chart by TradingViewTherefore, holding above roughly $1.34–$1.35 would be far more crucial than the actual spike. A verified daily close above this area could open the path toward $1.45–$1.50 and turn the long-term average into support. The previous consolidation zone around $1.55 becomes significant after that.
HOT Stories
Significant confirmation is provided by volume. The move appears to be supported by real market participation rather than thin liquidity, as the breakout coincided with roughly 277 million in daily volume, significantly higher than in recent sessions. Momentum is a concern. The daily RSI has surged to about 83, well inside overbought territory.
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During a powerful rally, XRP may continue to be overbought, but it becomes riskier to pursue further upside. Thus, a pullback to $1.34 would be advantageous. XRP may develop an entirely new short-term structure if that level is maintained. Losing it would make a deeper retest toward $1.16 more likely.
Shiba Inu Pushes ThroughWith SHIB rising by about 5.7% to roughly $0.00000523, Shiba Inu is trying to turn its recent recovery into a proper trend reversal. The move continues the breakout above the crucial $0.000005 level, both technically and psychologically. The immediate technical situation has significantly improved.
SHIB has now broken through the orange moving average near $0.00000489 after rising above its short-term moving averages around $0.00000452–$0.00000465. The current breakout is especially significant because that latter level had consistently limited attempts at recovery. Additionally, trading volume has increased significantly, reaching about 1.53 trillion SHIB.
SHIB/USDT Chart by TradingViewThe breakout signal is strengthened when rising prices are accompanied by increased volume, which also distinguishes the current move from the low-volume consolidation that occurred earlier in August. Nevertheless, SHIB continues to confront a significant challenge in the $0.0000057–$0.0000058 region.
The long-term moving average is still sloping lower and is currently close to $0.00000574. If that level is broken, there will be much more evidence that SHIB is moving away from its broader bearish structure.
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Another significant boundary is being approached by momentum. Just below the traditional overbought threshold of 70, the RSI has increased to roughly 67.8. SHIB has some potential for growth because, in contrast to XRP, it has not yet reached an extreme momentum reading. In the current bullish scenario, SHIB must challenge $0.0000057 and keep $0.000005 as support.
The former March–May consolidation area, starting at $0.0000060, might be reached by a breakout there. $0.00000465 and $0.0000045 would become the main support levels if $0.000005 were not held, significantly weakening the setup.
Hyperliquid's StrengtheningAfter an explosive daily move that drove HYPE toward $76, Hyperliquid has returned to the upper limit of its 2026 trading range. The asset has erased almost all of the August correction and is once again challenging its previous highs around $76–$78, making the recovery technically significant.
Compared to the early August decline, the structure supporting the move is significantly stronger. On the daily chart, HYPE has recovered all of the major moving averages. Currently, the intermediate moving average near $57.70 offers an additional layer of support, while short-term support is located between $60.50 and $60.70. At roughly $51.90, the long-term average remains significantly lower.
HYPE/USDT Chart by TradingViewBecause of this arrangement, the overall trend remains positive. In comparison to the larger 2026 structure, HYPE's correction toward $52 earlier this month ultimately resulted in a higher low, followed by a swift recovery. Although it is still below the extraordinary activity seen during previous significant moves, volume has also increased during the most recent breakout attempt.
The $76–$78 range is therefore especially crucial. HYPE would enter price discovery if there were a clear daily close above it, with $80 serving as the initial psychological target and minimal historical resistance just above. The primary short-term risk is created by momentum.
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With a daily RSI of about 78, HYPE is firmly in overbought territory. Therefore, some cooling or consolidation would be typical without invalidating the breakout. The first significant retracement zone is between $68 and $70 if buyers fail at $76 to $78. The critical support area is between $60 and $61 below that. HYPE's broader bullish structure holds as long as it stays above those moving averages.
Dogecoin Needs More FuelDogecoin has finally produced a significant breakout from its compressed August structure, rising by about 4% to approximately $0.087 on the current daily candle. More significantly, DOGE has overcome a number of resistance levels that had trapped the asset near its annual lows.
The short-term moving averages' recovery at $0.072 is the first significant shift. After that, DOGE accelerated through the intermediate moving average around $0.080, transforming a slow rebound into a real breakout attempt. Alongside the move, trading volume increased significantly, hitting about 1.07 billion DOGE on the chart.
DOGE/USDT Chart by TradingViewFollowing weeks of comparatively weak activity around $0.07, that volume confirmation is important. But now DOGE has reached a more challenging technical area. The asset is still trading below its main dynamic resistance, as the long-term moving average sits at $0.095.
Additionally, this level roughly aligns with the previous February–May structure between $0.09 and $0.10. Momentum has already been stretched. The daily RSI has surged to roughly 77.7, compared to its moving average of about 51.3. As a result, DOGE quickly transitioned from neutral momentum to overbought conditions.
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Thus, $0.09–$0.095 is the immediate test. If this area is broken and held, $0.10 and the May region around $0.11–$0.115 may be exposed. In the event that momentum wanes, bulls must first defend $0.080.
The strongest nearby support remains the $0.072–$0.073 cluster below it. Although the breakout is significant, the larger bearish structure cannot be deemed seriously damaged until DOGE regains $0.095.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
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XRP traded at $1.42 on Aug. 21, rising 22.8% in 24 hours as XRP-related ETF inflows topped $1,323.71. Despite softer trading and cautious retail sentiment, institutional demand continues supporting steady XRP capital inflows. UE Crypto draws XRP investors with cloud mining and yield aggregation options, plus layered security and asset protections. On August 21, XRP ETF prices continued their strong recovery momentum, breaking above the $1.42 mark for the first time since late August. The breakthrough was supported by institutional capital inflows and improving liquidity conditions in the United States.
Continued inflows into XRP ETFs further demonstrate the growing demand from institutional investors for XRP exposure. Although retail investors remain relatively cautious due to market volatility and price uncertainty, institutional capital continues to increase XRP allocations through regulated financial products, making XRP one of the most closely watched mainstream digital assets in the current market.
As the regulatory environment gradually becomes clearer and financing conditions continue to improve, more investors are beginning to reconsider a key question: beyond relying on price appreciation for returns, are there more diversified, efficient, and sustainable ways to participate in the long-term value growth of XRP and the broader digital asset ecosystem?
Total daily net inflows into XRP ETFs reached the $13.2371 million milestone, marking a significant development.
XRP price today As of August 21, 2026, the current price of XRP (XRP) is $1.42. Over the past 24 hours, the price has moved 22.8%, with a 1.9% increase over the past hour. Over the longer term, the price has moved 41.2% over the past seven days and 25.1% over the past month. The XRP spot ETF market has reached an important milestone. According to data published by the analytics platform uToday, driven by continued net capital inflows, cumulative inflows into XRP-related exchange-traded funds (ETFs) have exceeded $1,323.71.
Meanwhile, overall market liquidity continues to improve. Although secondary-market trading activity has declined somewhat and retail investors remain relatively cautious amid market volatility, institutional allocation demand remains steady, driving continued net capital inflows on most trading days.
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Overview Continued inflows into XRP ETFs, together with the improving regulatory environment, further indicate that XRP is gradually becoming integrated into the mainstream financial system. At the same time, UE Crypto provides XRP investors with more diversified ways to participate in digital assets, encouraging a shift from relying solely on price fluctuations toward a diversified strategy that considers both asset price performance and potential sources of returns.
As a new market cycle gradually unfolds, investors are shifting their focus from simply tracking price movements toward more stable, long-term, and sustainable asset allocation and management strategies. This trend reflects the continued evolution of market participants’ investment approaches and also demonstrates that the digital asset market is moving toward greater maturity and diversification.
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XRP's move to $1.42 has changed the tone around the market, but overheating signals could still test bullish momentum.
XRP has emerged as one of the best-performing crypto assets this week after surging by over 35%. In the past 24 hours alone, it rose by almost 20%.
The latest push has revived talks of all-time highs.
Bulls Find Fresh Fuel The token broke through several major levels before reaching $1.42 on Friday, including the previously identified $1.293-$1.302 range. Despite attempts from sellers to push the price a little lower, XRP held on. According to Diana’s findings, this may represent a “confirmed breakout” which could bring the previous all-time-high zone back into focus.
However, the 4H RSI remains around 83, indicating extremely overbought conditions. A failure to hold $1.30 could cool momentum and make $1.20 the key support to defend.
Meanwhile, analyst Crypto Patel said that a move toward $10 for XRP should not be dismissed, while pointing to the token’s past price action as evidence of its potential for sharp gains. The crypto asset traded around $0.006 in 2017, when a move to $3 was considered impossible, before eventually reaching more than $3 in 2018. XRP was also being described as “dead” in 2023 before surging from $0.50 to $2.60 in November 2024.
Taking factors such as fast transactions, low fees, and real-world payment adoption into account, the analyst therefore said that “$10-$20 is absolutely on the table.”
Adding to the bullish backdrop, XRP whales have also continued accumulating. Data cited by analyst Ali Martinez revealed that large holders acquired more than 300 million tokens since the start of the current business week.
You may also like: Ripple Whales Go Crazy as XRP Price Can’t Stop Surging 240 Million XRP Pulled From Major Exchanges Since Early Summer: Why It Matters Important Ripple News and XRP Price Update: August 19 Long Bets Surge on Binance Activity in the XRP derivatives market on Binance is also picking up. CryptoQuant revealed that the funding rate reached 0.0101, its highest level since October 2025. The current funding rate is also well above its 30-day moving average, demonstrating how much stronger the demand for long positions is compared with the recent average.
However, as more traders build long positions, the cost of maintaining those positions rises. This leaves the market more exposed if XRP suddenly moves lower. A sharp decline could trigger liquidations among leveraged traders and add pressure to the price. For that reason, the funding rate could become an important gauge of whether the crypto asset’s current momentum is sustainable.
If funding stays elevated while XRP remains stable or continues moving higher, it would point to steady demand in the derivatives market. On the other hand, a decline in funding could signal that speculative interest and bullish momentum are starting to weaken.
XRP is trading at $1.31, up 13.7% over the past 24 hours and nearly 39.7% over the past week, driven by a mix of macro liquidity shifts and fresh institutional developments.
The broader crypto rally follows a Treasury Department move to buy back government bonds, aimed at pushing down yields and easing financial conditions. This links the current rally to a shift in bond market liquidity rather than a crypto-specific catalyst.
Why XRP Is Outperforming
XRP has outpaced other major cryptocurrencies partly due to its existing spot ETF products and its association with Ripple, one of the more established players in the industry.
Institutional Lending Plans on XRPL
A previously announced plan aims to bring institutional lending to the XRP Ledger, involving Clearpool for infrastructure, Cicada Partners for credit underwriting, and Ripple as a capital provider.
Price Levels to Watch
Recent chart activity points to a few levels worth tracking:
$0.90 was recently reclaimed, seen as a positive technical signalA 34% move off the recent low is being read as evidence the bottom may already be in$10, $20, and $30 have been floated as long-term macro price targets tied to one wave-based price theoryThese longer-term targets are speculative, based on one interpretation of price structure rather than any fundamental valuation model or confirmed catalyst. A near-term pullback would be considered healthy after the recent rally, and downside risk remains if XRP fails to hold current levels.
What Would Confirm a Real Reversal
$1.50 stands out as a key level. A sustained hold above that price, rather than a brief spike, would mark the first real sign of a longer-term trend change after roughly a year of decline.
Story Ends Here
Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
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XRP (CRYPTO: XRP) has surged 40% since the start of the week, with traders debating whether $10 could be a target.
Why One Trader Says $10 Is Not CrazyMarket commentator crypto Patel posted on X that XRP has a history of moves that looked impossible before they happened.
In 2017 it went from $0.006 to over $3 when $3 seemed unreachable.
In November 2024 it ran from $0.50 to $2.60 in 30 days, a move most called impossible beforehand.
He argued the $0.60 to $1 accumulation zone, low fees, fast transactions, and real-world payment adoption now set up a similar path toward $10 to $20.
Why Goldman Sachs Coming Back MattersAnalyst Rednirav flagged on X that Goldman Sachs completely exited its XRP ETF position last quarter and then reloaded aggressively in Q2 2026, returning as the number one XRP ETF holder with $86.5 million across Bitwise, Franklin Templeton, Grayscale, Canary, and 21Shares products.
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JPMorgan, Morgan Stanley and Bank of America also disclosed XRP ETF positions in Q2.
Spot XRP ETFs pulled in $13.2 million in inflows Thursday according to SoSoValue, pushing total assets under management to $1.17 billion and cumulative inflows above $1.53 billion.
Weekly inflows reached $21.40 million with one session still remaining, the first time weekly inflows have crossed $20 million since the week ending June 26.
What Ripple Launched On the XRP LedgerAccording to Scott Melker on X, Ripple is backing a new institutional credit fund alongside lending platform Clearpool and credit manager Cicada Partners to lend its RLUSD stablecoin to fintech and payments companies directly on the XRP Ledger.
Cicada manages credit risk, Clearpool builds the lending infrastructure, and Ripple participates as a limited partner on the same terms as other investors.
Borrowers receive and repay in RLUSD, creating direct demand for Ripple’s stablecoin while moving institutional lending onto XRPL.
The infrastructure is still being tested on a development network before going live on mainnet.
Jesse of Apex Crypto Insights has raised doubts over whether Ripple will ever pursue an initial public offering, despite years of executive commentary suggesting the door remains open. Ripple has not issued any statement confirming IPO plans or a timeline.
Garlinghouse’s Ambiguous Stance
Jesse pointed to Ripple CEO Brad Garlinghouse’s repeated comments that the company has been “happily private” for years, calling the phrasing deliberately noncommittal rather than a firm no. He said he’s questioning whether Ripple will ever actually go public, suggesting the company’s language may simply be how a private company is expected to talk publicly rather than a real signal of intent.
A Theory Tied to the IMF
Jesse said his skepticism stems partly from what he described as Ripple’s relationship with the International Monetary Fund, though he acknowledged uncertainty about the claim himself. He referenced comments he attributed to former Ripple executive Miguel Vias, in which Vias reportedly described Ripple’s XRP escrow function as similar to a “lender of last resort,” a role Jesse said is typically associated with an institution like the IMF rather than a private company.
He suggested this could mean Ripple’s structure would need to change, or that its escrow could be handed to another institution, before any IPO could realistically happen. This claim was relayed secondhand in the source material and could not be verified against an original interview or transcript.
Bottom Line
His view is speculative and framed as his own interpretation rather than confirmed reporting. He said the timing around these questions will eventually become clear, but did not offer a specific date or event tied to an IPO decision.
Story Ends Here
Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
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Democratic Senator Ruben Gallego has called on US lawmakers to advance the CLARITY Act, citing the bipartisan progress achieved with the GENIUS Act as evidence Congress can deliver regulatory clarity for the digital assets industry. Gallego, who represents Arizona, made his remarks at the 2026 Wyoming Blockchain Symposium in Jackson Hole, an invitation-only event hosted by SALT and major crypto exchange Kraken.
CLARITY Act in focus at blockchain symposiumDuring his address, Gallego emphasized that Congress has both the precedent and the necessary tools to move forward with the CLARITY Act, a bill with vital implications for $XRP holders and the wider cryptocurrency market. The CLARITY Act aims to establish clear legal guidelines for digital asset market structure and regulatory oversight in the United States.
Referencing the successful passage of the GENIUS Act, Gallego told attendees that he believes legislative momentum can carry into this new effort. He noted that the GENIUS Act, which addressed stablecoin regulation, faced pessimistic forecasts early on regarding its chances of passing with bipartisan support.
He explained that applying the same collaborative approach seen in the GENIUS Act would be critical: “If we keep the same attitude we have from the GENIUS Act and bring this over to market structure, we can land this plane.”
The GENIUS Act, which established a regulatory framework for stablecoins, ultimately passed with the backing of 19 Democratic senators. Gallego attributed this outcome to the willingness of both parties to persist through legislative disagreements.
Mini dictionary: GENIUS Act, a US federal bill that provides a comprehensive legal framework for stablecoin issuance and oversight, aiming to bring regulatory clarity to the stablecoin market.
Bipartisan negotiation and Gallego’s key roleSenator Gallego has been one of the main Democratic figures advancing the CLARITY Act. He is one of only two Democratic senators who voted to advance the bill out of committee, making his support pivotal to reaching the 60-vote threshold needed for passage in the Senate.
He has worked closely with Republican Senator Thom Tillis to negotiate the bill’s ethics language, submitting compromise proposals to the White House before the Senate’s August recess. According to Gallego, the White House responses did not provide adequate or comprehensive safeguards. As a result, he continues to press for stronger ethics provisions as a key condition for his support.
Gallego warned that some political factions on both sides of the aisle may prefer the bill to stall in order to leverage digital asset regulation as a political issue, rather than pushing it through for substantive reform. He spoke candidly to the Wyoming audience about the risks of partisan roadblocks, saying that elements on the left and right may benefit from inaction.
He described that some lawmakers “would love not to land this plane to make this a political issue, both on the left and on the right.”
Senate Majority Leader John Thune has confirmed that the chamber decided to postpone the vote, scheduling it for after the summer recess. The CLARITY Act will be on the Senate’s agenda when lawmakers return in September. Gallego expressed concern that rushing to a vote before finalizing negotiations might undermine the bill’s prospects and long-term effectiveness. He remains engaged in discussions with colleagues and continues to advocate for passage of the act.
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.
Goldman Sachs has regained its position as the largest institutional holder of XRP exchange-traded funds, after fully exiting its XRP ETF positions in the previous quarter. The Wall Street bank rebuilt its XRP ETF portfolio in the second quarter of 2026, with newly disclosed filings revealing major additions to its holdings.
Goldman Sachs increases XRP ETF exposureThe bank’s updated XRP ETF portfolio features investments across funds managed by Bitwise, Franklin Templeton, Canary Capital, 21Shares, and Grayscale. Goldman Sachs reported notable increases in share counts for several of these funds, signaling renewed commitment to the XRP market.
Its largest position was 2,238,407 shares in Franklin Templeton’s XRPZ. Additionally, Goldman held 2,208,949 shares in the Bitwise XRP ETF, 1,759,090 shares of Canary’s XRPC, and 806,126 shares in 21Shares’ TOXR fund. The bank also reported 377,619 shares in Grayscale’s GXRP.
Goldman Sachs’ latest quarter filings valued the overall XRP ETF position at $86.5 million. In comparison, its previous exposure, before a full exit, was reported at approximately $152 million. The recent re-entry marks a substantial, but comparatively smaller, allocation.
FundShares HeldFranklin Templeton XRPZ2,238,407Bitwise XRP ETF2,208,949Canary XRPC1,759,09021Shares TOXR806,126Grayscale GXRP377,619Alongside its ETF holdings, Goldman Sachs disclosed 365,976 shares in XRPN, a security offered by Armada Acquisition Corporation II. The filing noted Ripple-backed Evernorth Holdings is pursuing a merger with the special purpose acquisition company (SPAC) to list on Nasdaq.
Mini dictionary: SPAC (Special Purpose Acquisition Company): A publicly traded company created specifically to acquire or merge with another business, allowing the target firm to go public more quickly and with fewer regulatory hurdles than a traditional initial public offering.
Evernorth Holdings confirmed progress on the proposed merger, which aims to facilitate the company’s public listing. Goldman Sachs included its XRPN stake with the XRP ETF disclosures in its quarterly report.
Broader institutional interest and market inflowsAdditional major banks, including JPMorgan, Morgan Stanley, and Bank of America, also disclosed XRP ETF holdings for the second quarter of 2026. These filings indicate growing institutional engagement with digital assets among leading US financial players.
The renewed investment activity aligns with increased efforts by major institutions to further tokenization initiatives and digital treasury management solutions. Market participants are also expanding real-time cross-border transaction systems to support evolving digital payment frameworks.
Recent data from SoSoValue showed that the US spot market for XRP ETFs posted $13.24 million in net inflows on Thursday. Bitwise accounted for $9.9 million, while Franklin Templeton reported $3.34 million in new investments. Total assets under management in XRP ETFs reached $1.17 billion, and total net investment in these products topped $1.53 billion.
IssuerNet InflowBitwise$9.9 millionFranklin Templeton$3.34 millionTotal US XRP ETF Market$13.24 millionPositive market sentiment was reflected in ongoing policy discussions in Washington. Ripple’s CEO, Brad Garlinghouse, and other crypto industry leaders attended Clarity Act discussions at the White House as regulatory debate intensified.
Ripple-backed Evernorth Holdings moved closer to completing its merger with Armada Acquisition Corporation II, aiming for a Nasdaq listing as institutional XRP ETF activity accelerates.
XRP price surges on rising activityXRP rose sharply in the past 24 hours, reaching about $1.37 with a 16% increase. Over the past week, CoinMarketCap reported a gain of 38% in XRP, mirroring the broader cryptocurrency market’s recovery.
Daily trading volume surged by 113.47% within 24 hours, reflecting intensified market interest and heightened trading activity as XRP’s price advanced.
XRP daily trading volume spiked more than 113%, signaling a significant uptick in buying and selling as the cryptocurrency rebounded strongly.
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.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
EX DeFi is attracting XRP holders seeking alternative income as regulatory optimism boosts interest in the digital asset.
Summary
Trump urges Congress to advance the CLARITY Act as Bitcoin tops $79,000 and XRP surges more than 40% amid regulatory optimism. EX DeFi promotes XRP cloud mining with automated computing power contracts, aiming to help holders generate passive income. EX DeFi says its platform combines cloud mining with multi-layer security, compliance measures, and support for major digital assets. Significant progress has been made regarding cryptocurrency regulation in the United States.
On August 19, U.S. President Trump met with representatives from the cryptocurrency and financial sectors at the White House and publicly urged Congress to accelerate the stalled “CLARITY Act.” Trump stated that the U.S. needs clearer, fairer regulatory rules for digital assets to maintain its competitiveness in cryptocurrency and financial innovation.
The meeting brought together representatives from the crypto industry — including Ripple, Coinbase, Robinhood, and Kraken — as well as heads of the SEC and CFTC, drawing further market attention to the future direction of U.S. digital asset regulation. This move has further boosted investor interest.
Driven by positive regulatory news, the cryptocurrency market has seen a significant rebound. As of today, Bitcoin has surpassed $79,000, while XRP surged more than 40% in a short period, emerging as one of the standout mainstream digital assets in this rally.
As the regulatory landscape potentially becomes clearer, more investors are refocusing on XRP’s long-term value. For XRP holders, beyond simply waiting for price appreciation, the question arises: how can one participate in XRP’s long-term gains in a more efficient and sustainable way? The EX DeFi cloud mining platform has emerged as a noteworthy option.
Positive regulatory factors boost XRP market sentiment Renewed market attention on the CLARITY Act serves as a key policy backdrop for the recent rebound in XRP prices.
The CLARITY Act aims to establish a clearer regulatory framework for the digital asset market and further define the respective regulatory responsibilities of the SEC and CFTC in this space. If the bill is ultimately approved, regulatory boundaries in the U.S. digital asset market are expected to become more distinct, thereby reducing some of the regulatory uncertainty faced by institutional investors entering the market.
This shift holds potential significance for XRP. A clearer regulatory environment could boost institutional investors’ willingness to allocate capital to digital assets and further drive the development of applications such as trading, payments, and asset tokenization.
Whale activity also a key indicator to watch for XRP’s rise Beyond regulatory policy, on-chain activity is another crucial component of current XRP price analysis. Recent on-chain data indicates that large XRP holders have been consistently increasing their positions over a short period; this accumulation by “whale” addresses has drawn significant market attention.
While the simultaneous occurrence of accumulation by large holders and a price rebound is a positive signal, it does not guarantee a sustained rise in XRP’s price. However, if the regulatory environment improves and institutional capital alongside on-chain demand continues to grow, XRP could attract even greater market interest in the future.
EX DeFi cloud mining platform: A new option for XRP investors To provide investors with a more convenient way to participate in the XRP ecosystem, EX DeFi has launched a cloud mining service powered by sustainable energy. Users do not need to purchase mining hardware or possess technical mining expertise; by simply selecting a computing power contract that suits their needs, they can generate stable daily returns and earn passive income.
In terms of operations, EX DeFi integrates hosting services, computing power management, and earnings settlement, utilizing automated systems to handle daily operations and profit distribution. For users who hold XRP long-term and wish to maximize the utility of their digital assets, this cloud mining model offers the potential for long-term compound growth while effectively mitigating the impact of short-term market volatility on returns.
About EX DeFi Headquartered in the UK, EX DeFi operates in compliance with European regulatory frameworks such as MiCA and MiFID II, while continuously enhancing platform transparency, operational standards, and user protection mechanisms.
The platform employs a multi-layered security architecture, featuring:
Annual financial and security compliance audits by PwC Digital asset custody insurance from Lloyd’s of London Cloudflare enterprise-grade network protection and McAfee® security systems Multi-layer encryption, AI-driven risk management, and 2FA verification EX DeFi currently supports a wide range of mainstream digital assets — including XRP, BTC, ETH, USDT, USDC, DOGE, LTC, and SOL — offering users a flexible and convenient service experience.
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Conclusion Trump’s public urging of Congress from the White House to advance the CLARITY Act has sent a new policy signal regarding US cryptocurrency regulation and reignited investor interest in mainstream digital assets like XRP. XRP’s recent strong rebound indicates that investors are reassessing the potential long-term impact of regulatory clarity.
For long-term XRP holders, exploring additional digital asset profit models via the EX DeFi cloud mining platform — while keeping an eye on policy and price fluctuations — can lay a solid foundation for long-term wealth accumulation.
XRP is already surging; join EX DeFi now to earn up to $10,000 in daily passive income using XRP holdings.
Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.
Ripple CEO Brad Garlinghouse has disclosed that Ripple’s business ecosystem processed $16 trillion in transactions last year, highlighting the growing scale of the company’s global financial operations. This figure reflects the combined transaction volume from newly acquired businesses that now operate under Ripple.
Major acquisitions drive transaction volumeGarlinghouse attributed Ripple’s $16 trillion transaction total to the integration of two acquisitions completed during the previous year. The company acquired Hidden Road, a non-bank prime broker responsible for approximately $3 trillion in cleared transactions, and G-Treasury, a treasury management software provider which processed $13 trillion in transaction activity.
Today, Ripple operates these entities as Ripple Prime and Ripple Treasury, forming the backbone of the company’s expanding business. Garlinghouse described the resulting combined transaction volume as similar in scale to the activity handled by large global payment processors such as Visa.
Both Ripple Prime and Ripple Treasury are currently experiencing what Garlinghouse described as record years, and the CEO expressed confidence that the overall volume will continue to climb. He stated that the company anticipates increasing financial activity as demand among corporate clients rises.
Ripple’s combined transaction flow through its acquired businesses reached $16 trillion last year, a figure Garlinghouse compared to Visa’s network scale. These segments are reporting record performance, further boosting Ripple’s expectations for transaction growth.
Mini dictionary: G-Treasury is a treasury and cash management software company that assists organizations in automating payments, managing liquidity, and optimizing financial workflows.
On-chain settlement remains limitedGarlinghouse drew attention to the relationship between the total transaction volume and blockchain settlement. He estimated that currently only about 0.1% of Ripple’s $16 trillion in transaction flow settles on-chain in stablecoins, XRP, or similar blockchain-based assets. Each additional 0.1% migrated on-chain could represent an estimated $160 billion in transaction activity.
Ripple’s CEO outlined a long-term goal to boost the share of transaction volume completed with blockchain-based settlement. He said this strategy aims to provide corporate clients with increased efficiency in terms of speed, cost, and transaction certainty.
Business UnitTransaction VolumeStatusRipple Prime (Hidden Road)$3 trillionActive, Record YearRipple Treasury (G-Treasury)$13 trillionActive, Record YearTotal Ripple Ecosystem$16 trillionGrowingCorporate demand for stablecoin solutions increasesGarlinghouse observed a recent uptick in outreach from chief financial officers and treasurers, who are now seeking information on blockchain settlement and stablecoin use cases. He explained that many of these inquiries originate from executives unsure how to unlock idle capital distributed across global subsidiaries.
According to Garlinghouse, Ripple has been asked to assist these organizations in maximizing global liquidity and improving operational flexibility by utilizing stablecoins and other blockchain technologies. This increasing attention from financial decision-makers points to broader adoption of blockchain within established corporate finance practices.
Executives are now turning to Ripple for guidance on how stablecoins and blockchain systems can help unlock trapped corporate capital and manage global liquidity more efficiently.
Emphasis shifts to real utility in the crypto sectorAddressing cryptocurrency market dynamics, Garlinghouse emphasized the importance of developing real-world utility, suggesting that industry sustainability relies on genuine use cases rather than speculation or meme coins.
He outlined how Ripple’s expansion into large-scale financial services positions the company to demonstrate tangible benefits for institutional clients, especially as more businesses explore blockchain-based settlement.
While most of Ripple’s activity currently remains off-chain, Garlinghouse believes the growing shift toward on-chain settlement could result in significant increases in blockchain transaction volume going forward.
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.
Brad Garlinghouse, CEO of Ripple, addressed the CFTC Innovation Advisory Committee, outlining the company’s four-year legal battle with the SEC and the impact of regulatory uncertainty on both Ripple and the digital asset industry in the United States.
$150 million in legal costs over four yearsGarlinghouse began by thanking the Commodity Futures Trading Commission (CFTC) for its hospitality and quickly moved to the difficulties Ripple faced under the previous administration. He described Ripple as being “at the center of the bullseye of the SEC’s lawfare,” noting that leadership at the regulatory level had a direct effect on the industry’s trajectory.
He provided figures to demonstrate the toll: Ripple paid $150 million in legal fees to external counsel during its extended fight. Garlinghouse explained that most companies would not have survived such pressures, as many firms in the sector were “bullied into submission” even before lawsuits were filed. He emphasized that the challenges Ripple faced shaped the entire industry’s perception of the regulatory landscape at that time.
Ripple devoted $150 million to external legal defense against the SEC over a four-year period, a level of expenditure that Garlinghouse argued would have crippled smaller firms and discouraged broader industry participation.
Ripple’s global hiring shiftsBeyond legal costs, Garlinghouse highlighted the operational impact. He revealed that 80% of Ripple’s hiring during the court case occurred outside the United States. He cited the establishment of Ripple’s second-largest office in London as a direct response to the regulatory environment in the U.S. at that time.
Garlinghouse connected this trend to business fundamentals, arguing that companies will not invest or create jobs where long-term strategic planning is not possible. This, in his view, has affected where capital and talent flow within the crypto sector, reflecting a wider trend among digital asset firms.
Mini dictionary: CFTC (Commodity Futures Trading Commission) – The CFTC is a US government agency that regulates derivatives markets, including futures, options, and swaps. Its role is to promote integrity, resilience, and vibrancy in US derivatives markets through sound regulation.
Shifting regulatory tone in the United StatesGarlinghouse observed that the current administration and regulators, including both the CFTC and the SEC, have shifted their stance and introduced a new approach for the sector. He described the change as substantial, stating that there is a consensus among stakeholders that the previous situation failed consumers and stifled innovation.
According to Garlinghouse, clearer regulations are needed to defend both users and industry growth. Well-defined guidelines can protect users and ensure corporate accountability, enabling responsible development of new financial technologies.
Garlinghouse pointed to the technologies discussed at the CFTC event as proof that with regulatory certainty, cross-border payments can become faster, more efficient, and more widely accessible, but achieving this potential hinges on clear rules of the road.
Future outlook for XRP and the broader crypto industryGarlinghouse’s remarks came soon after his attendance at a White House summit focused on digital assets. For XRP holders and digital asset advocates, his statements signaled renewed confidence in the regulatory environment. Ripple is now adopting a more proactive stance, reflecting optimism that evolving US policy will support both industry innovation and compliance.
Garlinghouse’s comments suggest that Ripple, a technology company specializing in blockchain-based payment solutions, expects to leverage regulatory progress for further growth, both in the US and internationally. Stakeholders are watching for further clarity that would enable domestic investment and hiring while supporting user protection across markets.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
XRP surged above several key technical levels this week, placing the $1.50 mark back in focus as the next major resistance. The rally gained momentum after XRP reclaimed the $1.00 threshold and broke through the $1.25 to $1.30 region. By August 21, XRP was trading in the $1.37 to $1.40 range across major platforms, with some recent session highs closing in on $1.42. Despite slight price differences between exchanges, the overall trend signals stronger market sentiment compared to earlier in the week.
XRP price breaks major resistanceThe recent price action marked a shift from the protracted decline that had characterized XRP through most of the year. Technical analysis points to a decisive break above a year-long descending trendline and a move through the 200-day exponential moving average (EMA). A daily close above these marks would further weaken the established downtrend’s grip on the market.
The 200-day EMA currently stands near $1.34, with the 200-day simple moving average (SMA) around $1.28. XRP’s advance above both EMAs has bolstered its position over the past month. Shorter-term EMAs between $1.06 and $1.08, and the 100-day EMA at $1.16, confirm buy signals as XRP trades substantially above them.
Contributing to this technical strength, TradingView’s latest summaries show 14 buy signals, 10 neutral indicators, and two sells. The moving averages display a notably bullish outlook, though longer-term signals have turned more recently.
Multiple drivers behind the rallyMultiple factors support XRP’s ongoing surge. A key development included US President Donald Trump’s August 19 White House meeting with cryptocurrency leaders, among them Ripple CEO Brad Garlinghouse. Trump called on Congress to move forward with the CLARITY Act as stakeholders debated the future of digital-asset regulation in the US. Many market observers pointed to this event as contributing to a broad-based rally across cryptocurrencies, including XRP.
Regulatory ambiguity in the US has long influenced sentiment surrounding XRP. While not all risks have dissipated, recent policy signals have improved the environment for digital assets. The rally also saw more than $1.5 billion in liquidations across the broader crypto market as short positions were forced to close amid rising prices.
Additional momentum has come from whale accumulation. Data from KuCoin indicated that large holders accumulated over 300 million XRP tokens this week, raising total large wallet holdings to nearly 16.36 billion tokens. This accumulation, especially when aligned with stronger spot demand, often provides price support.
ETF activity and market momentumExchange-traded products now play a larger role in the XRP market. Spot XRP ETFs recently recorded $13.24 million in new inflows, bringing total assets to about $1.5 billion. Broader XRP trading volume also exceeded $8 billion during the latest price rally.
During the most recent trading session, dashboards showed more than $90 million in combined spot and derivatives XRP ETF volume, with spot activity at $38.3 million and derivatives at $53.4 million, even as several trading hours remained. While these figures illustrate robust trading, they are not direct proof of net capital entering XRP, but the growing ETF turnover highlights increasing professional and institutional interest.
XRP has surged 39% in two days, climbing from $1.00 to $1.39 as bullish momentum remains strong, raising the possibility of a move toward $1.50. At around $1.39, XRP would need to gain approximately 8% to reach $1.50. That makes the target achievable without requiring another move of the magnitude seen over the past two sessions.
Resistance, support and technical outlookFrom a technical standpoint, the $1.40 to $1.43 zone represents the next significant resistance following the recent breakout. Market pivots suggest major resistance at $1.41, with recent highs clustered between $1.40 and $1.42. A strong push above this area would clear the way for a potential test of the $1.50 mark.
On the downside, the $1.25 to $1.28 range now acts as important near-term support, incorporating the prior breakout and aligning closely with the 200-day SMA. Further support stands at $1.16, around major moving average regions. A more extended decline could see the $1.08 to $1.15 range retested, which houses multiple medium-term moving averages.
Momentum readings show the daily RSI climbing above 80 in certain measures, with recent data at 77.22. The CCI stands at about 343, while the Stochastic RSI hovers near 80. While these high readings signal strong upward movement, they also indicate potential for consolidation if demand cools.
Consolidation and trader strategiesAn overbought market doesn’t necessarily reverse immediately. Strong uptrends can persist even with extended momentum. However, a pause or retracement is possible if new buying falls short of supporting further gains.
For traders closely monitoring moving averages, resistance levels, and market momentum, staying adaptable is critical. In a market where a single Fed decision or a sudden altcoin listing can change everything in seconds, jumping between multiple apps for charts, news, and portfolio checks is resulting in missed opportunities. Many investors now prefer privacy-first platforms like CryptoAppsy, where real-time charts, smart price alerts, coin-specific news, and macroeconomic data are consolidated in one place—without requiring users to open an account.
As it stands, whether XRP can build on its breakout and sustain higher levels remains the primary test for bulls. Holding above critical support and pushing through resistance zones will be key in determining if the recent strength can deliver a move toward or past the $1.50 target.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Ripple's U.S. dollar-backed stablecoin RLUSD has surpassed $2 billion in market capitalization.
The product, which was launched in December 2024, RLUSD has emerged as one of the fastest-growing regulated stablecoins.
Notably, its supply is currently approaching $1 billion on the XRP Ledger.
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RLUSD's market capitalization has climbed to an impressive $2.035 billion, CoinGecko data shows. It is within striking distance of PayPal USD (PYUSD), which currently holds a market cap of roughly $2.87 billion.
RLUSD is currently ranked among the top stablecoins by market capitalization, sitting behind major players such as Tether's USDT, Circle's USDC, Maker's USDS, Dai, Ethena's USDe, and PayPal USD.
A significant minting spree Multiple RLUSD issuances from the RLUSD Treasury have been reported over the past day, including a 40 million RLUSD mint, a 25 million RLUSD mint, a 20 million RLUSD mint, and additional 19 million, 14 million, and 12 million token issuances.
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The latest minting activity brings fresh liquidity into the ecosystem.
What is notable is that a significant portion of RLUSD's growth has taken place on the XRP Ledger. Earlier, Ethereum was the dominant network for RLUSD.
Closing in on PayPal RLUSD is also close to toppling PayPal's PYUSD, which is another popular regulated stablecoin. The latter currently has a market capitalization of approximately $2.87 billion with a lead of less than $1 billion over RLUSD.
At its current growth rate, RLUSD could potentially challenge PayPal's stablecoin position among the largest regulated dollar-backed assets.
Tether's USDT remains the market leader with a market capitalization of approximately $183 billion. Circle's USDC follows with a market capitalization of roughly $73 billion.
Other major stablecoins include USDS with a market capitalization of about $9.7 billion, Dai at approximately $4.5 billion, and Ethena's USDe at more than $4 billion.
XRP has entered what some analysts describe as a decisive phase in its long-term market structure. Crypto market observer Cleo Schmidt, who closely follows technical patterns in digital assets, compared XRP’s current setup to the conditions immediately preceding its meteoric 2017 rally. Her analysis highlighted the potential significance of the asset’s current position within this historical context.
The repeating structureSchmidt’s chart focuses on an ascending support line that has become central to XRP’s long-term pattern. This trendline, she argued, previously signaled a significant upward shift in the market after being retested three times. In the cycle beginning in 2014, XRP returned to this trendline in 2015 for a first retest, again in 2016, and then a third time in 2017. Following the third touch, XRP experienced rapid price expansion.
Schmidt emphasized the parallels to this earlier period. She explained that the last time XRP maintained this support level, the subsequent increase exceeded 60,000% from the breakout to the peak. This historical precedent forms the basis for her current outlook on XRP’s trajectory.
In her view, “the last time this support level held, the price surged over 60,000%.” The chart pattern she references shows a creation phase on the ascending support, followed by three retests before a sharp move higher.
The current cycle reaches its third retestA similar structure has developed in recent years. Schmidt identified the beginning of the current cycle in 2019, with the formation of a new ascending support. She observed that XRP completed its first retest of this support in 2021, then again during 2024, a move that coincided with a 500% rally that pushed prices above $3 in early 2025. The third retest, she says, arrived in 2026.
Schmidt’s analysis places XRP at an inflection point equivalent to the one in 2017, prior to its last historic surge. Although a breakout has not yet materialized, she contends the technical setup could pave the way for significant upside targets if the trend remains intact.
XRP currently trades at approximately $1.31 after recovering from a recent drop to $0.9884. This decline briefly took the token below Schmidt’s initial target level of $1.10, but the move was followed by a swift rebound, keeping the technical pattern intact.
Mini dictionary: Cleo Schmidt – A digital asset analyst recognized for detailed technical analysis and market cycle studies, particularly in the context of XRP and major altcoins. She is known for identifying recurring chart structures and mapping price movements based on historical trends.
The roadmap for XRPAccording to Schmidt’s price roadmap, the initial milestones are $1.10 and $0.97. With XRP trading near $1.31, these levels are closely watched as support and resistance. Her first significant upside objective is $1.80, followed by price targets of $2.70 and $3.20. Schmidt’s longer-term projections include $6.50 and a peak near $13, provided the ascending support remains valid after its third retest.
She suggested that a confirmation of the support at this third retest could trigger accelerated gains. Current price moves place the market around the starting point of her anticipated expansion phase, though Schmidt’s targets remain prospective until technical confirmation occurs.
“No one is ready for $XRP’s next move,” Schmidt argued, citing the similarities with 2017’s setup and outlining her expected path: $1.10, $0.97, $1.80, $2.70, $3.20, $6.50, and $13. She added that once support is confirmed, the market could see a rapid move higher.
CycleSupport formation1st retest2nd retest3rd retestResult2014-20172014201520162017Surged 60,000%+2019-20262019202120242026Awaiting breakoutDisclaimer: 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.
Grok, an AI chatbot launched by Elon Musk’s X platform, calculated the potential impact of a $1 billion net inflow on the price of XRP. The analysis was prompted by recent data highlighting significant market movement with relatively small capital inflows.
Analyst spotlights dramatic market cap shiftAnalyst Chad Steingraber drew attention to a recent event on August 18, 2026, when a $4.71 million net inflow into XRP caused its market capitalization to increase by $12 billion. At that time, XRP’s price reached $1.1243 and the asset turned positive on net inflows.
Steingraber asked his followers to consider the effect of a much larger inflow, specifically, what would happen if net inflows reached $1 billion.
Based on the observed $12 billion increase in market cap stemming from a $4.71 million net inflow, Grok suggested that simply scaling this effect to a $1 billion inflow could drive XRP’s price close to $40, multiplying market capitalization to the multi-trillion-dollar range.
The math behind inflow impactGrok explained that even small net flows can move asset prices sharply because market capitalization represents price times circulating supply, rather than the amount of cash present in the asset. In the example outlined by Grok, the model projected that a $1 billion net inflow, based on the current circulating supply, would push XRP to approximately $40 per token.
The XRP market recently demonstrated that modest inflows deliver considerable price responses, owing to the scaling effect across the total token supply. The $12 billion rise from a $4.71 million injection underscores this phenomenon within digital asset markets.
Mini dictionary: Grok, an artificial intelligence chatbot developed by X (formerly Twitter), delivers conversational AI services with a focus on understanding and generating human-like responses in real time. Grok is positioned as a competitor to similar tools such as ChatGPT, integrating AI insights into the X ecosystem.
Net InflowMarket Cap IncreaseXRP Price (approximate)$4.71 million$12 billion$1.12$1 billionMulti-trillion$40 Small net flows already swing price hard, since market cap is just price multiplied by supply, not actual cash present in the asset.
Regulatory moves fuel optimism for more inflowsXRP experienced renewed buying interest following the White House crypto summit on August 19, 2026, where President Donald Trump, SEC Chair Paul Atkins, and CFTC Chair Michael Selig convened with industry executives, including Ripple CEO Brad Garlinghouse. The summit advocated for the CLARITY Act, which aims to define a federal regulatory framework for digital assets.
The cryptocurrency industry often responds positively to increased regulatory clarity, as it can attract institutional capital. The CLARITY Act is now progressing toward a Senate procedural vote scheduled for September 15.
Meanwhile, the US Securities and Exchange Commission proposed a new regulatory framework intended to lower barriers for institutional participants, potentially enabling larger inflows into digital assets like XRP.
Should net inflows climb further—especially as institutions seek regulatory clarity—XRP could experience additional price surges. The impact of new capital entering the market remains the principal variable in these projections.
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 is backing a new institutional credit fund that will lend its RLUSD stablecoin to fintech and payments companies on the XRP Ledger, alongside lending platform Clearpool and credit manager Cicada Partners, per a release shared with CoinDesk.
How the fund will work The fund will provide working-capital loans denominated in RLUSD, with Cicada sourcing borrowers, setting loan terms and monitoring credit risk. Clearpool is building the infrastructure used to create and manage the lending pools, while Ripple provides capital as an investor alongside other institutions. Neither the size of the fund nor Ripple’s commitment was disclosed.
Cicada says it has underwritten more than $860 million of credit and will act as both fund general partner and credit-pool manager. Clearpool says it has facilitated more than $930 million of institutional loans since 2021. Ripple participates as a limited partner on the same terms as other investors rather than guaranteeing losses.
Still waiting on ledger upgrades None of it is live on the XRP Ledger’s main network yet. Clearpool is testing the integration on a development network, and the two ledger features underpinning the product, a lending protocol known as XLS-66 and single asset vaults under XLS-65, are still going through the network’s amendment voting process.
The lending protocol handles issuing and repaying loans directly on the ledger, while the vault system pools money from several lenders under a manager who decides where it goes, in this case Cicada.
An RLUSD demand play Borrowers receive RLUSD and repay in it, which creates demand for Ripple’s dollar-pegged token while moving lending activity onto XRPL. XRP itself is not what gets lent, however, as it solely covers transaction fees and the minimum balances the ledger requires accounts to hold.
The fund deepens Ripple’s push to build out RLUSD, its dollar-pegged stablecoin that crossed $1 billion in market capitalization less than a year after launch, as a utility token for institutional finance rather than a retail payments play.
The plans come as XRP rose almost 20% in the past 24 hours to $1.30 and is up 30% over seven days, part of a broad rally that has lifted every major token.
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Blockchain analyst specializing in the regulatory impact of government policies on the crypto industry. Known for his thorough research and clear, engaging writing, Emmanuel provides insightful analysis on the latest trends, market shifts, and emerging crypto innovations. His work aims to educate and inform both novice and experienced readers, offering expert perspectives on the fast-evolving world of digital assets. With a passion for staying ahead of the curve, Ogwu is a trusted voice in the cryptocurrency and blockchain space.
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XRP rebounds to $1.40 as ETF inflows boost optimism, while MoneySimpler AI trading offers automated market analysis and trading.
Summary
XRP rebounds near $1.40 as trading activity and ETF inflows rise, fueling hopes that token could advance toward $5 soon. Crypto volatility stays high, prompting investors to explore automated tools marketed as simpler ways to trade and earn. MoneySimpler markets AI analysis and automated trade execution as tools designed to lower barriers to quant strategies. XRP has rebounded to around $1.40, with increased buying and trading volume. ETF inflows and signs of institutional demand are driving the market bullish. If these inflows continue and regulations improve, XRP could gain further upward momentum, increasing its chances of hitting $5 by the end of the month.
However, the high volatility of the cryptocurrency market also brings more uncertainty. Investors are seeking more efficient and intelligent ways to capitalize on market opportunities and explore the potential for passive income.
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Why might XRP rise further? The recent surge in XRP is closely related to the overall recovery of the crypto market. With Bitcoin breaking through $78,000, market risk appetite has improved, and the continued attention from institutional investors to the XRP ETF has further enhanced market focus on XRP’s future performance.
Furthermore, XRP’s potential applications in cross-border payments and digital asset settlement also provide support for its long-term development. If market funds continue to flow back in, and XRP can maintain its current upward momentum, $5 could become a key price target for the next phase of market attention.
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Conclusion XRP’s recent strong rebound once again proves that significant price volatility and trading opportunities still exist in the cryptocurrency market. As discussions about XRP’s future price targets intensify, $5 is emerging as a potential target for some market participants.
Meanwhile, AI-powered automated trading is transforming traditional digital asset trading.
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XRP rose 13.6% over 24 hours to $1.39, extending a weekly gain of nearly 40% and outperforming both Bitcoin and Ethereum as broader crypto markets rallied on Thursday. Bitcoin climbed 7.2% to $77,393.67, while Ethereum gained 4.6% to $2,403.59, up 28.3% for the week.
The total crypto market capitalization reached approximately $2.68 trillion, with 24-hour trading volume of $163.7 billion. Other major tokens also advanced, with Solana up 5.2% to $91.55 and Hyperliquid up 5.9% to $76.45, both posting stronger weekly gains than Bitcoin over the same seven-day period.
Short Sellers Squeezed
The rally has been accompanied by heavy losses for traders betting against the market. Data showed short positions losing $3.787 billion over four days, compared with $687 million in losses for long positions over the same period. The largest single liquidation window came at 20:00 UTC on August 19, when $941 million in short positions were closed within four hours, marking one of the sharpest liquidation events on record for the crypto derivatives market.
Historical Precedent
Bitcoin’s advance has drawn comparisons to prior rare upside moves. According to data, Bitcoin has closed a trading day at a five-sigma move to the upside 14 times since 2013. Median returns following such events were 4.8% after one week, 11.8% after one month, 15.1% after three months, and 84% after six months, according to the same data set.
Outlook
Experts flagged important technical levels for Bitcoin going forward, including resistance near $80,000 and potential support around $72,000. Some market participants warned that a short-term pullback remains possible following the scale of the recent move, even as underlying momentum in the broader market remains positive heading into the weekend.
Story Ends Here
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Ripple’s U.S. dollar-pegged stablecoin, RLUSD, has reached a market capitalization of $2.035 billion, according to recent CoinGecko data. The milestone comes just months after the stablecoin’s launch in December 2024, making RLUSD one of the fastest-rising regulated assets in its category.
Rapid supply growth and XRP Ledger momentumThe current RLUSD supply is approaching $1 billion on the XRP Ledger, indicating rising adoption on Ripple’s native blockchain network. Over the last day, several major minting events were recorded from the RLUSD Treasury, including issuances of 40 million, 25 million, 20 million, 19 million, 14 million, and 12 million RLUSD. This surge in minting activity has injected new liquidity into the ecosystem.
RLUSD’s presence on the XRP Ledger is growing rapidly, with recent issuances adding substantial liquidity to support users and applications within Ripple’s ecosystem.
Much of RLUSD’s recent expansion has taken place on the XRP Ledger, though Ethereum initially served as the primary network following its debut. The shift highlights an increased deployment of RLUSD on Ripple’s proprietary infrastructure.
Mini dictionary: XRP Ledger, Ripple’s open-source blockchain protocol designed for fast and efficient payments globally. It enables the issuance, transfer, and exchange of digital assets directly on-chain.
Top contenders in the stablecoin raceRLUSD’s rapid growth has launched it into the ranks of leading dollar-backed stablecoins, now placing it just behind prominent tokens such as Tether’s USDT, Circle’s USDC, Maker’s USDS, Dai, Ethena’s USDe, and PayPal USD (PYUSD).
Presently, PayPal’s PYUSD stands at a capitalization of around $2.87 billion, holding less than a $1 billion advantage over RLUSD. The narrowing gap suggests RLUSD could soon challenge PYUSD’s position among regulated stablecoins if its current pace continues.
StablecoinMarket Cap (USD)Tether (USDT)$183 billionCircle (USDC)$73 billionMaker (USDS)$9.7 billionDai$4.5 billionEthena (USDe)$4 billionPayPal USD (PYUSD)$2.87 billionRipple RLUSD$2.035 billionTether’s USDT continues to lead the stablecoin sector with a market capitalization of $183 billion, followed by Circle’s USDC at $73 billion. Other notable competitors include USDS, Dai, and Ethena’s USDe, each maintaining multi-billion dollar market caps.
The gap between RLUSD and PYUSD is now less than $1 billion, positioning RLUSD as a serious contender among regulated stablecoins.
Ripple, known for its enterprise blockchain solutions and cross-border payment systems, has stated that RLUSD’s regulated status and growing circulation underpin its ongoing momentum.
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 (XRP) price is up by 17% today, August 21, to trade at $1.30 at the time of writing. The gains come amid a surge in buying pressure, with data from CoinMarketCap showing that trading volumes are up by 127% in 24 hours to $8.17 billion.
XRP is now forming a falling wedge pattern on the weekly chart that usually suggests that the downtrend that pushed the price from $1.94 in January to $0.99 in August could be over. Meanwhile, Ripple’s CEO Brad Garlinghouse opines that the company will have a record year.
Garlinghouse Says Ripple Will Have a Record Year Garlinghouse was speaking at the Wyoming Blockchain Symposium, where he said that Ripple is on the verge of doubling its revenue in 2026. He attributed this increase in revenue to the acquisitions of Hidden Road and GTreasury in 2025.
His remarks also come at a time when Ripple is expanding its footprint in the traditional finance space. A recent report by CoinGape noted that Ripple is partnering with Clearpool and Cicada to bring institutional credit to the XRP Ledger.
During the Wyoming Blockchain Symposium, Garlinghouse also sparked speculation of Ripple filing for an IPO, saying that the company is no longer entirely opposed to going public.
“We’ve been very happily private for a long time… we are more neutral on the topic than maybe we used to be,” he said.
These remarks coincide with a bullish sentiment across the crypto market that has seen the price of XRP gain by 31% in three days.
XRP Price Creates a Bullish Wedge Pattern The price of XRP is forming a falling wedge pattern on the weekly chart. This pattern usually suggests that the trend is changing from a bearish one to a bullish one.
XRP has also moved above the resistance at the upper trendline of the wedge pattern. Still, it has to close above this resistance to confirm the bullish outlook to move to the next obstacle at $1.71.
The RSI that has moved from an oversold reading of 30 on August 10 to 49 today, August 21, also confirms that the trend is shifting. The current RSI reading shows that selling pressure has eased, and the price of XRP could extend the gains.
The value of XRP today is also testing the resistance at the 200-day EMA of $1.36. If it moves above this EMA, it will confirm that the long-term trend is changing to favor bulls.
XRP Price Chart (Source: TradingView) If this bullish thesis fails and XRP price fails to close above the 200-day EMA, it might drop to the psychological support of $1.20.
XRP ETF Volumes Reach $125 million Data from SoSoValue shows that the total value traded for XRP ETFs has reached $125 million. The Bitwise XRP ETF accounts for the biggest share of these volume numbers, with $83 million traded since the product launched.
The recent 31% gain in XRP price has also increased the demand for XRP ETFs, because they recorded $13.24 million in inflows on August 20. This marks the biggest single-day inflows recorded by the ETFs since June 29.
XRP ETF Flows (Source: SoSoValue) The surge coincides with surging demand for all crypto ETFs after the total inflows reached $885 million on August 20, with Bitcoin (BTC) leading with $606 million in inflows.
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XRP price is changing hands at $1.3, up 18% on the day, extending a violent 22% rally that carried the token to $1.26 in a single 24-hour window days earlier, shrugging off bearish prediction. But what’s driving it, and more importantly, where does the smart money rotate once the easy gains are booked?
The rally wasn’t XRP-specific. It traces back to two August 19 announcements: the U.S. Treasury doubling its longer-term bond buyback program to inject market liquidity, and President Trump reiterating his push to make the U.S. a Bitcoin superpower while pressing Congress to pass the CLARITY Act.
BREAKING: The US 30 year yield just crashed below 5.20% after the Treasury doubled its long term bond buybacks.
The yield hit 5.337% yesterday, a 19 year high, before dropping to 5.189%.
A buyback is when the Treasury goes into the market and buys back bonds it already issued.… pic.twitter.com/grDig7Ui9F
— Bull Theory (@BullTheoryio) August 19, 2026 Following all the catalysts, the total crypto market cap responded with an 8% jump to $2.5 trillion in 24 hours. XRP simply rode the wave harder than most large-caps.
That macro tailwind explains the spike, but it doesn’t answer whether XRP holds these levels or gives them back. The technical picture underneath the headline number tells a more complicated story.
Discover: The Best Crypto to Diversify Your Portfolio
XRP Price Prediction: Hit $1.50 This Week?XRP printed an intraday high of $1.32 in the 24-hour session that shook out short leveraged positions. Recent rally analysis points to resistance clustering near $1.30–$1.34, the exact zone price is testing now, while support has shifted up to $1.10–$1.00 after repeated tests of the psychological $1 level earlier this month.
Momentum data, however, shows downside risk toward $0.62 if momentum fails, while Standard Chartered maintains a longer-term $2.8 target, a split that underscores how unsettled sentiment remains even mid-rally.
Bull case: a clean break and hold above $1.34 opens room toward $1.60–$1.80. Base case: consolidation between $1.10 and $1.30 while the market digests the move. Bear case: a fade back below $1.10 invalidates the breakout thesis and re-tests $1.00. Wave-count analysis suggests the reclaimed $1 level needs to hold as a floor for any of the bullish targets to stay credible.
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Bitcoin Hyper Targets Early Mover Upside as XRP Tests Key LevelsA 22% pop validates anyone who bought the dip below $1. But XRP is a multi-billion-dollar asset now, and a repeat of that percentage gain from here requires enormous capital inflow, not just sentiment.
That math is exactly why traders chasing outsized returns increasingly look toward earlier-stage infrastructure plays where the market cap ceiling hasn’t been tested yet. Some of that rotation lands on Ripple’s broader valuation story; some of it lands on presales building the next layer of crypto infrastructure entirely.
Bitcoin Hyper ($HYPER) is positioning itself as the first Bitcoin Layer 2 with native SVM integration, smart contract execution at speeds it claims outpace Solana itself, while settling back to Bitcoin’s base layer for security.
The presale is priced at $0.013685 and has raised $33 million so far, with staking rewards on offer for early participants. The pitch: solve Bitcoin’s slow, expensive, non-programmable core through a decentralized canonical bridge and low-latency execution layer.
Traders can research Bitcoin Hyper directly before the round progresses further.
Clearpool has announced the development of a lending protocol native to the XRP Ledger, utilizing the XLS-66 and XLS-65 protocols. This initiative aims to establish a protocol-level lending infrastructure on the XRP Ledger, featuring RLUSD as the settlement currency. The project is currently in the development and testing phase, with the XLS-65 and XLS-66 amendments available on the devnet but pending mainnet validator approval. The integration of these protocols suggests a shift towards a more integrated credit infrastructure on the XRP Ledger, potentially enhancing its utility for institutional participants.
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Key Takeaways Clearpool’s announcement suggests an expansion of XRP Ledger’s capabilities by integrating lending protocols, potentially increasing XRP’s utility. The development of XLS-66 and XLS-65 may indicate a move towards a more robust and native financial ecosystem on the XRP Ledger. Market pricing suggests this development is viewed as consistent with scenarios where XRP could see increased institutional engagement. What to Watch Observers should monitor the approval process for XLS-65 and XLS-66 by mainnet validators, as this will be crucial for the project’s progression. Additionally, any regulatory developments or partnerships involving Ripple and its XRP Ledger could influence market perceptions and XRP’s price trajectory. Market participants appear to be evaluating whether these advancements will lead to a significant institutional uptake of the XRP Ledger’s new lending capabilities.
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Term Structure
Contract Odds Δ since publish Volume 24h September 1 2026 0.3% — — View market → September 1 2026 57.5% — — View market → September 1 2026 0.7% — — View market → September 1 2026 2% — — View market → September 1 2026 99.9% — — View market → September 1 2026 0.7% — — View market → September 1 2026 0.1% — — View market →
Renowned trader Killa has expressed skepticism about Bitcoin breaking through the $100,000 mark this year, noting that the cryptocurrency market is likely to trade sideways and fluctuate in the period ahead.
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Ripple has backed a new institutional credit fund that will issue RLUSD working-capital loans to fintech and payments companies through the XRP Ledger, with Clearpool and Cicada Partners handling the lending infrastructure and credit management.
Summary
Ripple is backing a new fund that will provide RLUSD working capital loans to fintech and payments companies. Cicada Partners will source borrowers and manage credit risk, while Clearpool is building the lending infrastructure. The fund is still being tested as the XRP Ledger lending and vault features await mainnet approval. Ripple will participate as a limited partner and will not guarantee investor losses. CoinDesk reported on Aug. 21 that the fund will provide loans denominated in Ripple USD (RLUSD), while Cicada Partners will source borrowers, set lending terms and oversee credit risk. Clearpool is developing the infrastructure needed to create and manage the credit pools, with Ripple joining other institutions as an investor.
The companies did not disclose the planned size of the fund or the amount Ripple has committed.
Under the structure, Cicada will serve as the fund’s general partner and credit-pool manager. The firm said it has underwritten more than $860 million in credit, while Clearpool said its lending platform has facilitated more than $930 million in institutional loans since 2021.
Ripple will participate as a limited partner under the same terms offered to other investors, according to the report. Its involvement does not include a guarantee against losses, leaving borrower assessment and credit management under the structure established by Cicada.
RLUSD credit fund will finance working capital Borrowers approved for the fund will receive RLUSD and repay their loans in the same stablecoin, giving the dollar-pegged token a direct role in the credit cycle.
The structure separates Ripple’s stablecoin from XRP’s function on the network. RLUSD will serve as the asset being lent, while XRP will continue to cover XRP Ledger transaction fees and the minimum reserve balances required for accounts.
For Ripple, the planned fund adds lending to existing uses for RLUSD across settlement and trading. A July report from Evernorth said RLUSD had already generated more than $2.5 billion in trading across XRP Ledger pairs since its public launch, with the RLUSD/XRP pair accounting for about $900 million over six months, as previously covered by crypto.news.
Evernorth also said RLUSD’s share of on-chain trading had climbed from below 1% to around 12% during 2026. The report put RLUSD supply on the XRP Ledger slightly above its Ethereum supply at the time.
The new credit product would give the stablecoin another use if the lending system reaches the XRP Ledger mainnet, allowing institutions to supply and borrow dollar-denominated liquidity without using XRP as the loan asset.
XRP Ledger lending still awaits mainnet activation Clearpool’s integration is currently being tested on a development network because the two XRP Ledger features needed to run the product have not completed the network’s amendment process.
XLS-65, known as Single Asset Vaults, allows funds from multiple participants to be pooled into a vault managed under defined rules. XLS-66 introduces the lending protocol that can issue, service and repay fixed-term loans directly on the ledger.
The structure places credit underwriting outside the blockchain while using XRPL to handle the movement and accounting of funds. Under the proposed system, institutions can assess borrowers and negotiate loan terms off-chain before the lending protocol manages the resulting credit position on-chain.
The proposals entered validator consideration earlier this year. A June report on the protocol detailed how XLS-66 uses Single Asset Vault liquidity for fixed-term lending while leaving borrower underwriting and risk assessment to participating institutions.
Activation requires validator approval under the XRP Ledger amendment system. Until the required support threshold and voting conditions are met, the Clearpool and Cicada product cannot operate through the planned native lending functions on mainnet.
Developers and infrastructure providers can still work with the features on devnet, giving firms time to test applications before a possible activation.
Security work has focused on XRP Ledger credit features The lending code has undergone additional security work ahead of its proposed mainnet deployment.
RippleX developers and Common Prefix used formal verification to examine the planned lending system earlier this year. The June formal verification review covered both XLS-66 and XLS-65, with the work designed to identify edge cases that conventional software testing could miss in financial infrastructure implemented directly at the Layer 1 level.
The review examined the fixed-term lending model, which uses pooled vault liquidity and relies on off-chain credit assessment for uncollateralized borrowers. The model differs from lending systems where collateral and automatic liquidation rules handle most borrower risk directly through application-level smart contracts.
Security firm Halborn subsequently completed a re-audit of the XRP Ledger Lending Protocol. Its June lending protocol re-audit found no critical or high-risk issues after reviewing changes linked to fixed-term loans and Single Asset Vaults.
Halborn identified five findings in total: one medium-severity issue, two low-severity issues and two informational findings. The firm said all reported findings were addressed, with some resolved by Ripple’s engineering team and others accepted or acknowledged following review.
One medium-severity finding involved a way for loan interest to bypass a maximum-assets limit applied to a vault, according to the audit. Halborn’s engagement covered transaction checks, accounting rules, state consistency, parameter limits and access controls across the protocol.
XRP has rallied as the credit plan emerges XRP has gained almost 20% over the past 24 hours to trade around $1.30 and is up about 30% over seven days, according to CoinDesk, placing the token among the strongest performers during the latest crypto market rally.
The advance followed a sharp move across major cryptocurrencies after the U.S. Treasury announced an expansion of its long-dated bond buyback program. The Treasury plans to increase the cap on individual operations from $2 billion to at least $4 billion beginning Sept. 9, a move that initially pulled long-term yields lower and weakened the dollar.
Bitcoin climbed above $72,000 during the market move, while XRP recorded a 10.4% gain on Wednesday before extending its advance into Thursday. Decrypt reported that XRP’s weekly rise reached roughly 30% after the token had traded below $1 the previous week.
XRP exchange-traded fund inflows fell from $5.81 million to $2.35 million during part of the rally, while Bitcoin ETFs attracted about $517 million, according to the same report. XRP futures open interest had also fallen 11.31% from its rally-day level as of Aug. 20.
A new credit fund backed by Ripple, Clearpool, and Cicada Partners will lend RLUSD to fintech and payments firms on the XRP Ledger — the first institutional lending product to use the stablecoin as collateral. The catch: it depends on two protocol amendments that haven't passed yet.
A new institutional credit fund backed by Ripple, Clearpool, and Cicada Partners is deploying RLUSD as a primary lending asset on the XRP Ledger (XRPL). By facilitating the direct lending of this stablecoin to fintech and payments firms, the initiative shifts RLUSD from its initial role as a payment-focused asset into the domain of institutional credit collateral. This represents the first institutional lending product to utilize RLUSD on the XRPL.
The fund’s operational architecture bridges traditional credit underwriting with on-ledger execution. Clearpool, which has facilitated over $930 million in institutional loans since 2021, is responsible for building and managing the lending infrastructure, specifically utilizing its Lending Protocol and Single Asset Vault architecture. Cicada Partners, a firm that has underwritten more than $860 million in credit, manages the sourcing of borrowers, the establishment of loan terms, and ongoing credit risk monitoring. Ripple participates as a limited partner on pari passu terms with other investors, though the total fund size remains undisclosed.
Unlike the overcollateralized lending models prevalent in decentralized finance, this fund utilizes a mechanism governed by the proposed XLS-66 Lending Protocol. This standard facilitates fixed-term, underwritten, uncollateralized credit for credentialed counterparties — meaning borrowers are vetted off-chain before loans are originated on-ledger. The framework integrates XLS-65 Single Asset Vaults, which introduce permissioned, single-token vaults on the XRPL where liquidity providers deposit assets to receive proportional shares. In this model, borrowers receive and repay RLUSD, creating direct demand for the token. XRP itself is relegated to a utility role, used exclusively for transaction fees and required minimum account balances rather than as a lent asset.
The viability of this product is currently contingent upon the successful passage of the XLS-66 and XLS-65 amendments on the XRPL. These amendments require 80% validator approval to be implemented on the mainnet. As of the latest reports, the voting process has reached approximately 40% approval following Ripple’s own vote. Clearpool is testing the integration on the XRPL Devnet, but the transition to a live, mainnet-ready product remains subject to the consensus of the validator network. That gap — between announcement and activation — is the real constraint.
This move fits a pattern that has become familiar in 2026: industry building institutional infrastructure ahead of comprehensive regulatory frameworks. The Clearing House consortium — JPMorgan, Bank of America, Citi, Wells Fargo — is constructing a shared tokenized deposit network targeting the first half of 2027. The Agentic Payments Alliance, which includes Visa, Mastercard, Fiserv, Circle, Solana, and Remitly, reflects a parallel effort to set agent-commerce standards before Congress defines the rules. In each case, the strategy is the same: establish the de facto infrastructure, then let regulation catch up.
The market reaction was notable — XRP rallied approximately 20% in 24 hours to $1.30 — but the more durable signal is what this fund says about RLUSD’s trajectory. A stablecoin that only moves money is a commodity. A stablecoin that underwrites institutional credit is infrastructure. Whether the XLS-66 and XLS-65 amendments clear the 80% threshold will determine if that infrastructure goes live. Until then, the fund is a statement of intent backed by real capital and real underwriting, waiting on validator consensus.
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Institutional lending is coming to the XRP Ledger (XRPL), with a new partnership between Clearpool, Cicada Partners, and Ripple bringing real-world lending activity onchain.
XRPL developer Vet (Hussein Zangana) highlighted the development on X, saying, “Now it gets really serious on the XRPL.”
He described the move as a clear institutional commitment to borrowing and lending on the ledger. The planned structure brings together three players with distinct roles.
Notably, Clearpool will provide the lending infrastructure, and Cicada Partners will handle credit origination and credit checks. Meanwhile, Ripple will provide capital
The borrowers will be fintech and payment companies that use stablecoins to fund their day-to-day business needs.
XRPL Lending Protocol at the Center with Ripple Backing Notably, the project will use XRPL’s proposed XLS-66 Lending Protocol and XLS-65 Single Asset Vaults. For context, the XRPL community is still voting on it.
The model allows institutions to put money into managed lending pools, while credit managers choose borrowers, set loan terms, and manage risk.
Cicada has experience with more than $860 million in credit, while Clearpool has helped facilitate over $930 million in institutional loans since 2021.
Ripple will invest in the credit fund alongside other institutional investors rather than guarantee the loans.
Ripple RLUSD and XRP Could Power the Lending Flywheel The proposed system seeks to create an activity loop across the XRPL ecosystem.
Borrowers would use RLUSD for everyday business needs, which could increase its use for payments and settlements. XRP would continue to be used for transaction fees and network reserves.
Vet described this as a potential cycle: investors provide capital, earn returns, and then provide more capital, while increased lending brings more activity to the XRPL.
The main idea is that investors would earn returns from loans to real businesses rather than mainly from DeFi strategies such as liquidity mining, arbitrage, or leverage.
Technical Demo Coming Next Clearpool is building and testing the system on the XRPL Devnet. A demo is expected to show the full lending process, from creating a lending pool to issuing and repaying loans.
The Lending Protocol and Single Asset Vault features still need to pass the XRPL voting process before they can launch on the mainnet.
If activated, this could expand XRPL beyond payments and make it a platform for institutional lending.
XRP Price Surges 18.5% Meanwhile, the development comes as XRP stages a sharp price recovery. XRP is trading at $1.31, up 18.5% over the past 24 hours and 31% over the past week. The cryptocurrency traded as low as $0.98 earlier this week before staging its latest rally.
The rising XRP price, along with the planned institutional lending system, could bring more attention to XRP and the XRPL as part of the growing onchain financial market.
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.
Ripple’s XRP price bounced almost 20% today, as the XRP Ledger appears to get closer towards institutional lending with its proposed Lending Protocol. Ripple, Clearpool and Cicada Partners recently announced that they are working on the credit infrastructure. For the project, it will be a new loan on the XRPL with RLUSD.For the project, it will be a new loan on XRPL based on RLUSD.
Ripple’s XRP Rockets Nearly 20% Today At the time of writing, XRP price was at $1.38, boasting a rise of 19.1% in the last 24 hours. Moreover, the overall crypto market continued a strong uptrend with Bitcoin leading the gains as it broke $78,000.
XRP price chart today. Source: TradingView The XRP rally coincided with President Donald Trump’s appeal to Congress to approve the CLARITY Act. He made the appeal at a White House event with crypto and financial industry leaders. The law will create more transparency and U.S. regulation.
The crypto market also responded to the action by the U.S. Treasury on government debt. The U.S. Treasury department announced its intention to speed up repurchasing debt by doubling buybacks. The move further raised the appetite of investors to buy and become part of the crypto rally.
Inside Clearpool’s XRPL Lending Protocol Initiative Further, what worked in XRP’s favor was that the proposed Lending upgrade on XRPL has become prominent among the institutional finance players. For context, Clearpool is constructing the lending platform as a Lending Protocol and Single Asset Vault.
Since 2021, Clearpool has facilitated over $930 million worth of institutional loans. It is structured so that independent credit managers can establish independent credit markets. Managers can individually establish their own risk conditions for each market.
Cicada Partners will manage the credit operations. It’s involved in the borrower evaluation, in the origination process and in the servicing of loans. The firm has over $860 Million in credit underwriting experience. It will also closely observe borrowers and conditions following loans.
Ripple will be a limited partner with other institutional investors but it will not serve as a special backup. The fund will focus on fintech companies, payment service providers, and crypto businesses leveraging stablecoins to fund their working capital.
Meanwhile, RLUSD will be the credit asset. Access and asset management controls could be offered by XRPL features such as Permissioned Domains, Credentials and Clawback. However, since XRP is not used as the credit asset, social media discussions are heating up as netizens believe it could lessen the Ripple-backed crypto’s use case.
On the other hand, Clearpool is now testing the lending integration in XRPL Devnet. A technical demonstration will be held, which will include the creation of a pool, borrowing and repayment.
Nonetheless, both the Lending Protocol and Single Asset Vault amendments yet to be approved by validators. Typically, the changes to the XRPL require at least 80% of the trusted validators to approve them for two consecutive weeks.
Ripple has teamed up with Clearpool and Cicada Partners to introduce real-world institutional lending capabilities on the XRP Ledger (XRPL). The collaboration aims to create on-chain credit markets that fund actual business needs rather than relying on typical decentralized finance yield strategies.
The partners highlight a longstanding issue in DeFi: the vast majority of yields—estimated around 98 percent—stem from circular market activities such as looping, arbitrage, basis trades, points programs, and liquidity mining.
These mechanisms rarely support productive economic activity, which has kept many institutional investors on the sidelines.
At the same time, on-chain activity is expanding.
Stablecoin transaction volumes surpassed $27 trillion in the prior year, increasingly driven by fintech firms and payment companies seeking working capital. Tokenized private credit has also grown beyond $10 billion.
The new initiative seeks to bridge this gap by delivering sustainable yields backed by genuine commercial operations.
Under the arrangement, each participant fills a complementary role.
Clearpool, which has arranged more than $930 million (and in some reports over $950 million) in institutional loans since 2021, is developing the technical credit layer.
It will use XRPL’s native Lending Protocol (XLS-66) and Single Asset Vaults (XLS-65).
These features enable a curator model in which independent risk managers can run isolated credit markets with predefined parameters.
Because the protocols sit at the ledger level, they avoid reliance on external smart contracts and associated risks.
Cicada Partners will handle credit origination, underwriting, servicing, covenant setting, and ongoing borrower monitoring.
The firm brings experience underwriting more than $860 million in credit and will serve as both general partner of the fund and manager of the credit pools.
Borrowers are expected to include fintech companies, payment processors, and crypto service providers that use stablecoins for genuine working-capital purposes.
Ripple will join as a limited partner in the credit fund on equal terms with other institutional investors.
It will not provide any special guarantee or first-loss protection.
Loans will be denominated in RLUSD, Ripple’s New York Department of Financial Services-regulated, BNY-custodied stablecoin.
This structure is intended to create demand for RLUSD while routing activity through XRPL, where XRP continues to serve for transaction fees and required reserves.XRPL’s existing compliance tools—Permissioned Domains, Credentials, and Clawback—support institutional requirements by allowing vetted participation and asset controls.
The protocol itself does not impose fixed application-level fees; economics are determined by the parties involved.
Clearpool is currently building and testing the integration on the XRPL Devnet, with a full technical demonstration of pool creation, borrowing, and repayment planned.
The underlying XLS-65 and XLS-66 amendments remain subject to community voting before mainnet activation.
Once live, the partners describe the deployment as one of the more significant institutional lending efforts on the ledger to date and a foundation for additional credit activity.
By combining credit infrastructure, specialized underwriting, and native ledger capabilities, the three organizations intend to position XRPL as a full financial settlement and credit layer capable of supporting real-world institutional finance.
Bitcoin surges to $76,945, snapping a year-long downtrend as ETF inflows hit $606.29 million on Thursday, the highest since May.Strategy returns to profit as its 840,447 BTC treasury value climbs above $64.6 billion.Treasury Secretary Scott Bessent doubles long-term bond buybacks to $4 billion per operation, fueling the crypto rally.XRP jumps 18.03% to $1.37 as Korean traders rotate capital from Samsung and SK Hynix into crypto.CFTC Chairman Michael Selig warns the agency will regulate crypto independently if the Senate stalls the CLARITY Act.The crypto market is closing the working week of Aug. 21 with a powerful three-day rally that has finally pulled it out of its prolonged 2026 slumber. Instead of the usual dreary sideways movement, a giant green candle has appeared on Bitcoin's daily chart — the price on Bitstamp as per TradingView broke through the year-long downtrend and surged to $76,945, peaking at $79,461.
The main fuel came from large investors. Thursday's trading session ended with records for U.S. funds as per SoSoValue: net inflows into Bitcoin ETFs jumped to $606.29 million, the highest since May, while Ethereum ETFs attracted $220.77 million — their best result since last October.
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IBIT, BTC/USD, XRP/USD, and MSTR price performance as of August 21, 2026. Source: TradingView.This vertical rise over the past 24 hours created a real storm on derivatives exchanges, generating $1.51 billion in liquidations. First, the market completely wiped out the bears, forcibly closing $1.21 billion in short positions. However, as soon as the price found its peak, retail fear of missing out kicked in.
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Late traders began jumping into highly leveraged long positions, and a brief morning pullback immediately liquidated $37.43 million in speculative positions within just one hour.
While Bitcoin is storming new heights and bringing Strategy back into the game, a separate drama is unfolding among altcoins: Korean retail traders are trying to break through a historic "ceiling" that stopped the market a year ago.
Bitcoin news: Billion-dollar comeback — how Saylor outplayed the downturnThe main macroeconomic catalyst behind this three-day rally was an unexpected intervention by the U.S. Treasury.
U.S. Treasury Secretary Scott Bessent announced that the department was prepared to more than double the volume of long-term Treasury bond buybacks, raising the limit to at least $4 billion per operation. The Treasury took this step to inject liquidity into the turbulent debt market and push down long-term government bond yields.
For risk assets and the crypto market, this worked like a direct injection of rocket fuel — falling U.S. Treasury yields immediately weakened the dollar and forced large investors to urgently redirect liquidity into Bitcoin and the technology sector.
This liquidity tsunami completely revived Strategy's balance sheet. After a prolonged decline, during which Michael Saylor's company had to periodically lock in losses and sell coins at around $62,000–$64,000, its corporate portfolio finally returned to profit.
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This comeback brought the company more than $1 billion in unrealized profit relative to the recent bottom. According to BitcoinTreasuries.net, the company's balance sheet now shows the following metrics:
Reserve holdings: The company controls 840,447 BTC worth a total of $64.6 billion. Since the beginning of 2026, Strategy has acted extremely aggressively, increasing its reserves by 25% and purchasing another 167,950 BTC.Break-even point: Total investments reached $63.36 billion, bringing the average purchase price to $75,388.45. The spot price's move above this level has completely erased the previous panic-driven losses.Saylor's business may now be more resilient than ever. Its enterprise value has reached $64.9 billion, effectively backing every cent of MSTR's market capitalization with actual Bitcoin. At the same time, the company relies on a diversified Digital Credit debt stack totaling $13.27 billion, with its corporate bond issues trading at yields ranging from 10.28% to 14.01%.
The company's key debt instrument, STRC, is currently trading at $95.656. If the price returns to its $100 par value and the current discount of 4.344% closes, Strategy will be able to restart its borrowing program at full capacity and resume aggressive Bitcoin purchases on the open market.
Saylor also has around $4.80 billion in cash remaining. The main question for the weekend is whether he will put this cash to work immediately to push Bitcoin even higher.
On-chain data also indicates that the trend has changed decisively. CryptoQuant's Bitcoin Bull Score Index has returned to the green bullish zone for the first time since October 2025. The platform's CEO, Ki Young Ju, says the bearish phase is over and the global bottom has been passed.
This is also confirmed technically on the BTC chart: the price has left the 200-day moving average at $68,970 far behind, and this level now serves as the bulls' main stronghold.
Crypto market news: Korea's XRP surge, CFTC ultimatum and the great rotationAmong altcoins, XRP became the main newsmaker after gaining 18.03% in 24 hours to reach $1.37, extending its weekly rally to 38%. The price has moved directly against the purple line at $1.3702 — the peak recorded on Oct. 10, 2025.
That day is known as "Black Friday" because it was indeed a Friday and marked the starting point of the prolonged 2026 decline. XRP is now trying to break this curse by storming the 23-period SMA resistance at $1.4242, supported by the 200-period SMA "floor" at $1.2286.
Upbit spot market dashboard showing XRP/KRW trading volume outstripping BTC/KRW on August 21, 2026. Source: CoinGecko.The fact that South Korea is behind this surge is suggested by trading volumes on Upbit, which jumped 250% to $1.8 billion. XRP became the exchange's most-traded asset with $546.56 million in volume, overtaking Bitcoin.
Local retail investors orchestrated a massive capital rotation — they sold shares of technology giants Samsung and SK Hynix on the KOSPI, where they had remained throughout the crypto market's dormant period, and redirected the cash into crypto.
Interest was additionally fueled by Ripple and Clearpool's announcement of private lending on the XRP Ledger.
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Washington also turned up the heat. CFTC Chairman Michael Selig issued a firm ultimatum: if the Senate continues delaying passage of the CLARITY Act, the agency will begin regulating crypto on its own.
The CFTC is already preparing margin trading rules for U.S. exchanges and legal protections for DeFi. In what became the biggest surprise, the agency is also working with the Department of Commerce to tokenize GPU computing power and turn it into a digital commodity. Against this backdrop, the Artificial Superintelligence Alliance token FET immediately jumped 19.55%, while Ethena's ENA soared 39.47% due to rising futures funding rates.
However, there is a hidden land mine beneath this celebration. CoinGlass data shows that the three-day pump has completely liquidated short sellers, destroying $4.36 billion in positions over 72 hours. Almost no bears remain in the market, leaving the futures market critically one-sided. Bitcoin's daily RSI has entered an extremely overheated zone at 84.80.
Any major profit-taking by large investors could now trigger an avalanche of forced position closures:
Threat to BTC: A technical price pullback toward $65,900 would automatically wipe out $5.71 billion in overleveraged long positions.Threat to ETH: A local Ethereum correction toward $2,090 would immediately destroy another $2.15 billion in buyer positions.The main marker for the long-term trend will be the Senate's procedural vote on the CLARITY Act on Sept. 15. Until then, the market faces three weeks of intense fighting across overheated futures markets.
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.
According to the Ripple stablecoin tracker website, Ethereum has now overtaken the XRP Ledger in RLUSD supply.
Based on current data supplied by the page, RLUSD circulating supply on the XRP Ledger is now $941.36 million, which has been surpassed by that of Ethereum, which is $989.34 million.
The change comes as Ripple continues to adjust RLUSD liquidity across its supported blockchain networks. Specifically, the last 24 hours have seen more RLUSD minted on Ethereum than on the XRP ledger, with larger activity in favor of the former (Ethereum).
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On August 20, $73.8 million RLUSD was minted on ethereum with $23.5 million burned. On August 21 so far, $53.2 million RLUSD was minted on Ethereum with $15 million burned.
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This surpasses XRP Ledger, which saw $36.1 million RLUSD minted on August 20 and $15.4 million RLUSD burned in this timeframe. So far on August 21, $12.5 million RLUSD was minted on the XRPL and $6.5 million burned.
Ripple stablecoin tracker X account details some of these transactions over the last 24 hours.
In recent hours, two transactions of 25,000,000 RLUSD and 20,000,000 RLUSD minted on Ethereum were reported, while 10,000,000 RLUSD was burned on the blockchain. One transaction of 10,000,000 RLUSD minted on XRP Ledger was reported. Another three transactions of 20,000,000 RLUSD, 14,000,000 RLUSD and 16,000,000 RLUSD minted on Ethereum were reported within the last 24 hours.
RLUSD nears $2 billion in circulating supplyWith the ongoing activity, the RLUSD total circulating supply is fast approaching the $2 billion milestone, currently at $1.93 billion according to the Ripple stablecoin tracker page. The current figure of $1.939 billion in total circulating supply marks an all-time high for the Ripple USD (RLUSD) stablecoin, which launched in December 2024.
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RLUSD was launched with support for both the XRP Ledger and Ethereum, allowing its access across two major networks.
In June, the XRP Ledger surpassed the Ethereum blockchain in RLUSD circulating supply for the first time. Now, a recent supply shift has flipped this tide, and the XRP community is watching what comes next.
The cryptocurrency market climbed for a third consecutive day, triggering widespread liquidations among short sellers. Over the past 24 hours, short positions totaling $1.24 billion were wiped out, further intensifying market volatility.
Dogecoin and leading altcoins post strong gainsDogecoin demonstrated notable momentum, rising 10.11% in the past day to $0.0842 and advancing 21.33% for the week. The meme coin’s price increased steadily from its August 19 low of $0.069, reaching an intraday peak of $0.0857 early Friday.
Other major crypto assets also recorded significant gains. XRP surged 24% within 24 hours, while Zcash climbed 18% and Bitcoin Cash increased by 21%. These price movements contributed to a more optimistic sentiment across the broader crypto ecosystem.
Crypto Asset24H ChangeWeekly ChangeCurrent PriceDogecoin+10.11%+21.33%$0.0842XRP+24%N/AN/AZcash+18%N/AN/ABitcoin Cash+21%N/AN/ADespite the positive performance, some in the Dogecoin community expressed caution. Mishaboar, a well-known voice among Dogecoin supporters, urged traders to remain vigilant during the rally. He advised, “It is good to see the market moving in a different direction, but be extremely careful.”
It is good to see the market moving in a different direction, but be extremely careful.
Mishaboar highlighted the possibility of a bull trap, where strong price increases tempt traders to open long positions just before a sharp reversal. He raised doubts about the sustainability of the uptrend, pointing to the influence of high-profile events, including a White House gathering. The event, held Wednesday, brought together executives from Coinbase, Gemini, Ripple, and Chainlink. Cryptocurrencies rallied following the meeting.
Mishaboar questioned the reliability of gains occurring around major crypto-focused events, warning that fundamentals may not support the price spike amid speculative fervor.
Mini dictionary: Bull trap, a situation where a market rally encourages investors to go long, but this move soon reverses and prices fall sharply.
Macro factors influence crypto rallyMacroeconomic trends also played a role, as cryptocurrencies rose alongside traditional hard assets like gold. At the same time, the US dollar weakened against other major currencies. These developments suggest that broader financial factors are contributing to the crypto uptrend, beyond those cited by community analysts.
Meanwhile, the US Treasury plans to double its buybacks of long-term government bonds, increasing repurchases to at least $4 billion per operation until early November. Analysts view this move as a potential driver of positive sentiment across financial markets, including crypto. The surge in liquidations of short positions has further fueled the ongoing rally.
Market participants are now monitoring overbought indicators, which could signal the possibility of a reversal in prices if the rally loses momentum.
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.
Bearish crypto traders absorbed $1.06 billion in short liquidations over 24 hours as the total crypto market capitalization rose 3.7%.
Liquidations across the market reached $1.24 billion. The wipeout caught 141,191 traders, while long positions gave up only $174.41 million.
Bitcoin Drove the Bulk of Short LiquidationsBitcoin (BTC) alone drove $789.68 million of the losses after climbing 8.4% to $74,998. The cryptocurrency touched an intraday high of $75,744 early Friday, its strongest print since May 27.
That peak stopped narrowly below the True Market Mean of $75,800. Ethereum (ETH), followed by $206.88 million in liquidations, while XRP (XRP) added $41.94 million.
Crypto Liquidations on August 21. Soure: CoinglassAccording to BeInCrypto Markets data, XRP led the large caps with a 16.2% daily gain to $1.26. Ethereum climbed 10.1% to $2,315, comfortably ahead of Bitcoin’s move.
The XRP price rally extends one of the token’s strongest stretches since 2020. Meanwhile, sentiment has swung from fear to greed in a matter of days. Perspective still matters.
Despite an 18.4% weekly gain, Bitcoin trades roughly 40% below its $126,080 record set on October 6, 2025. Whether spot buyers replace the liquidated shorts will decide if this holds.
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Bears Keep Paying for a Rally That Started in WashingtonThe latest rally traces back to the bond market. The Treasury doubled its long-end debt buybacks on August 19, raising each operation to at least $4 billion.
That initial move caught bearish traders off guard. As Bitcoin rose, short positions hit liquidation levels, forcing exchanges to buy BTC to close them. Those forced purchases pushed prices higher, triggering more liquidations and creating a self-reinforcing squeeze.
The loop has now run for three sessions. BeInCrypto reported that shorts lost $1.3 billion in 60 minutes as BTC climbed 2.5%. Yesterday, short liquidations reached $2.74 billion as 172,202 traders got wiped out.
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XRP rebounds 10% as Bitcoin short liquidations top $1 billion, while UE Crypto expands cloud mining access
Summary
XRP rebounds 10.17% near $1.10 as Bitcoin surges 8%, triggering more than $1B in short liquidations. Bitcoin hits $72,281 after a sharp rebound, fueling a major short squeeze and lifting XRP toward $1.10. XRP and BTC volatility sparks interest in UE Crypto’s contract-based cloud mining as an alternative income option. XRP has recently staged a strong rebound, with its price briefly climbing near $1.10 — a single-day gain of 10.17% and its largest daily increase since February 6, 2026. Meanwhile, Bitcoin (BTC) also rebounded rapidly, rising over 8% at one point to hit a high of $72,281.12; this marked a new peak since early June and the largest single-day gain since March 2026.
This rapid market reversal triggered a massive wave of short position liquidations. According to CoinGlass data, over $1 billion in Bitcoin short positions were forcibly liquidated within roughly an hour, marking one of the largest Bitcoin short liquidation events since such data tracking began in 2021.
Prior to this, Bitcoin had experienced months of decline, with bearish sentiment building as the price retreated. The sudden price rebound — fueled by heavy buying as short sellers covered their positions — pushed prices even higher, creating a classic “short squeeze” scenario.
Amidst heightened market volatility, UE Crypto has launched a contract-based cloud mining service. This offers holders of XRP, BTC, and other digital assets a way to utilize their holdings that goes beyond merely relying on price appreciation, helping users explore potential sources of consistent returns.
From price fluctuations to asset utilization: Investors seek more stable returns For a long time, many XRP and BTC holders have primarily employed a “buy low, hold long” strategy, hoping to realize capital gains from future market rallies.
While this approach can yield high returns during bull markets, profitability is heavily dependent on asset price performance. When the market enters a phase of consolidation, correction, or decline, holders must not only endure fluctuations in asset value but may also face long waiting periods.
Consequently, an increasing number of digital asset holders are turning their attention to more diversified asset management strategies. Moving beyond the simple “buy low, sell high” model, some investors are exploring ways to enhance the utilization of their existing digital assets and seeking sources of relatively consistent potential returns. Amidst this trend, cloud mining has emerged as a way to engage with digital assets that differs from simply relying on price appreciation. By combining cloud computing power with contract services, UE Crypto offers holders of XRP, BTC, and other mainstream digital assets the option to participate in cloud mining remotely.
UE Crypto Cloud Mining: Simplifying digital asset participation UE Crypto’s contract-based cloud mining platform integrates computing power allocation, contract services, and automated operational mechanisms.
Users can select cloud mining plans tailored to their budgets, contract durations, and computing power requirements without the need to purchase, deploy, or maintain mining hardware themselves. Once a contract is activated, the allocated computing power operates automatically according to the chosen plan, thereby lowering the equipment and technical barriers associated with traditional mining.
Compared to merely waiting for the price of XRP or BTC to rise, cloud mining offers holders an alternative potential source of income. According to UE Crypto, potential daily earnings for some high-capacity plans can reach up to $10,000, with actual returns depending on the specific investment amount, contract plan, and computing power allocation.
Key features of UE Crypto Cloud Mining Low barrier to entry
With a minimum investment of $100, the platform offers an accessible starting point for users wishing to try cloud mining.
Automated operation
Once a user selects and activates a contract, the computing power runs automatically according to the plan; there is no need for the user to manage mining hardware or perform complex technical maintenance.
Support for multiple mainstream digital assets
The platform supports a wide range of mainstream digital assets, including BTC, USDT, ETH, LTC, USDC, XRP, SOL, and BNB.
Clear earnings plans
Different contracts correspond to varying durations and projected returns; users can choose to withdraw their earnings or reinvest them in accordance with platform rules.
Emphasis on sustainable operations
UE Crypto states that its mining infrastructure utilizes renewable energy sources — including solar and wind power — to enhance efficiency and reduce carbon emissions.
Three Steps to Get Started with UE Crypto
1. Register an account
Users can visit the official UE Crypto website and create an account using their email address. New users receive a $20 sign-up bonus and can begin cloud mining immediately after registration.
2. Top up and select a plan
Users can top up their accounts using major digital assets supported by the platform — such as BTC, ETH, USDC, and XRP — and select a cloud mining plan that suits their budget, contract duration, and hashrate requirements.
3. Activate the contract and earn returns
Once the contract is activated, the corresponding hashrate operates automatically according to the selected plan. Earnings are settled based on the specific contract terms, and users can choose to withdraw or reinvest their profits in accordance with platform rules.
Featured cloud mining contracts
Click here to view the full list of cloud mining contracts and applicable terms.
Looking ahead: From market volatility to diversified returns Price volatility in the cryptocurrency market is here to stay. For holders of XRP, BTC, ETH, and other digital assets, relying solely on price appreciation for returns means investment outcomes are heavily tied to market cycles. Consequently, asset diversification, improved asset utilization, and the exploration of potential, sustainable income sources are becoming key priorities for digital asset holders.
By combining cloud computing power, contract services, and digital asset infrastructure, UE Crypto offers users a convenient way to participate in cloud mining. Its goal is to enable digital asset holders to explore paths to more stable and sustainable potential returns — moving beyond a sole reliance on rising coin prices — while continuing to monitor market trends.
About UE Crypto Founded in 2015 and headquartered in London, UK, UE Crypto specializes in smart cloud mining, cloud computing, and digital asset services. According to the company, its platform services cover more than 150 countries and regions worldwide.
Users interested in UE Crypto’s cloud mining services can visit the official website to view the full range of contract plans, platform services, and relevant terms.
Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.
XRP may be positioned for a significant price rise by the end of 2030, according to technical projections shared by cryptocurrency analyst ChartNerd. The analyst, who frequently covers digital asset price movements for a broad online following, has outlined a scenario where XRP could reach $8, $13, and even $27 in the coming years.
Fibonacci extension model points to high targetsChartNerd detailed a chart on X, noting that XRP could head toward the $8, $13, and $27 levels, referencing the specific Fibonacci extension levels of 1.272, 1.414, and 1.618. These technical markers are commonly used by traders to estimate possible resistance areas and price targets based on historic price movements.
ChartNerd emphasized that this projection is based on the cyclical nature observed in previous market structures and stated, “This Chart Predicts $XRP Is Heading Towards a $8/$13/$27 (1.272/1.414/1.618) Top by 2030.”
The chart compares XRP’s 2014 to 2018 market cycle with a new period stretching from 2026 to 2030, applying the same time-based Fibonacci methodology to forecast possible future price movements. Specific levels shown include $4.85 at the 1.272 extension, $13.79 at 1.414, and $27.72 at 1.618, with the post summarizing them as $8, $13, and $27 for clarity.
Mini dictionary: Fibonacci extension — A technical analysis tool that projects potential price targets by applying Fibonacci ratios (such as 1.272, 1.414, 1.618) beyond established market moves. Traders often rely on these extensions to anticipate possible levels of resistance or support based on past cycles.
Fibonacci LevelApproximate Price Target1.272$81.414$131.618$27Comparing past and projected XRP market cyclesThe analysis from ChartNerd highlights how XRP’s previous upward cycle between 2014 and 2018 saw prices reach their Fibonacci extension targets, with green circles marking key historical turning points on the chart. The current projection suggests a repetition of that pattern in a future time frame ending in 2030.
Technical projections like these are not viewed as guarantees, but they remain widely referenced among digital asset traders to help identify potential opportunities and risk zones.
X R Pom, a member of the XRP community, contended that a transition from speculation to real-world utility might push XRP above even the upper extension levels highlighted in the chart, should market fundamentals catch up with technical expectations.
Community reaction and key factors discussedComments from the XRP community focused on variables that could cause actual price development to diverge from the technical forecast. Luis Alejandro Del C raised the possibility that factors such as a regulatory breakthrough or sudden changes in XRP supply — commonly called a supply shock — might influence outcomes beyond the scope of historical chart analysis.
Other participants speculated that a shift toward greater utility and ecosystem growth could potentially drive even higher valuations than those estimated by technical projections, although this would depend on real-world adoption and legal clarity around XRP.
ChartNerd’s scenario thus frames XRP’s 2026-2030 trajectory around three main Fibonacci price targets, contingent on the market’s ability to replicate a previous cycle and respond to both technical and external developments.
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.
Top executives from Coinbase and Ripple are intensifying efforts in Washington, seeking progress on stalled U.S. cryptocurrency legislation. The ongoing debate focuses on the CLARITY Act, with unresolved ethics provisions identified as the key stumbling block delaying advancement of the market-structure bill.
High-level talks with policymakersCoinbase CEO Brian Armstrong and Ripple CEO Brad Garlinghouse, representing two of the most influential companies in the digital asset sector, recently met with Commerce Secretary Howard Lutnick. These discussions explored potential actions by the White House to maintain bipartisan momentum for crypto reform as the legislative process faces political challenges.
The CLARITY Act is designed to clarify federal oversight of digital assets, aiming to establish defined responsibilities across regulatory agencies. However, language covering ethics requirements has surfaced as a contentious point among lawmakers.
Executives and officials have highlighted that the central divide lies in reconciling the ethical standards embedded in the bill, which remain sensitive for both parties and have become a major factor in delaying progress.
Both industry leaders and government representatives continue to search for wording that could secure bipartisan agreement. President Donald Trump has characterized the legislation as bipartisan and pressed Congress to approve it. Despite these calls, the specific compromise necessary to resolve outstanding concerns has not yet been agreed upon, and there is no immediate prospect of a fully negotiated deal.
Market impact and corporate positioningThe ongoing negotiations reflect a shift in the regulatory discussion: instead of arguments over the classification of digital tokens or market surveillance, the focus is now on political negotiation and legislative strategy. For large, U.S.-based crypto firms, a tangible path toward passing a market-structure law is seen as more significant than continued public advocacy on regulatory clarity.
Coinbase, a leading U.S. cryptocurrency exchange, has frequently argued that without dedicated regulations, businesses face unclear standards around enforcement and registration. Ripple, which operates the enterprise-focused payments network and is closely associated with the XRP token, has become a vocal participant in the policy debate. The company maintains that regulatory outcomes have a direct effect on both its core business and the broader digital asset industry.
Brad Garlinghouse has recently pointed out that nearly 67 million Americans hold crypto, demonstrating the growing mainstream importance of digital assets. This broadening user base is adding pressure for a resolution, but has not led to immediate political consensus regarding the bill’s ethics provisions.
The active engagement of major crypto companies with federal officials suggests growing momentum, rather than a guaranteed outcome for the CLARITY Act. A workable ethics compromise is seen as critical to reviving legislation considered crucial for increased institutional investment in U.S. crypto markets.
A renewed deadlock risks extending the policy ambiguity that has long influenced U.S. crypto company strategies and asset valuations, highlighting the industry’s reliance on developments in federal lawmaking.
The CLARITY Act continues to serve as a bellwether for institutional confidence in the regulatory landscape. Its fate may ultimately rest on whether lawmakers can reach a consensus on ethics, rather than technical concerns tied to digital asset oversight.
Mini dictionary: CLARITY Act, a proposed U.S. federal legislative measure seeking to define regulatory standards and responsibilities for the cryptocurrency and digital asset markets, with the aim of providing legal certainty for market participants.
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.
What if XRP’s biggest test right now is happening at $1, even as Ripple lands a major Korean banking deal? XRP slipped to $0.98, its lowest level, just as Ripple announced that Jeonbuk Bank had become the first regional bank in South Korea to deploy Ripple Payments for cross-border business transfers. The deal is Ripple’s third major Korean partnership of 2026, with the service designed to settle transfers in seconds or minutes rather than the days traditional systems can take. Yet the partnership does not confirm that XRP itself will be used for those payments, leaving traders watching closely as XRP attempts to reclaim the $1 level.
That disconnect between major adoption news and XRP’s price action raises a bigger question: where could traders look when established crypto narratives refuse to move as expected? Hyperliquid (HYPE) offers another fast-developing story, while Apeing is approaching the market from an earlier stage through its whitelist. For investors searching for an upcoming crypto presale, Apeing brings a fresh meme-coin narrative into the conversation as traders look beyond established names for the next project capable of attracting serious attention.
Early Access, Real Utility: Secure Your Spot on the Apeing Whitelist Before the Presale Hits Table of Contents
What if the next meme coin getting your attention is built to be more than just a meme? Apeing is a project created by a team of true degens, combining culture, energy, community, engagement, and utility into one brand. With the community at its core, Apeing aims to make its utility both useful and entertaining, while putting security first through audits. As the upcoming crypto presale draws closer, its current whitelist stage gives you a chance to get in early on the information flow before the wider crowd arrives.
The timing makes the whitelist especially worth watching. Apeing emphasizes clear communication through official announcements, while whitelist members can receive email updates and instructions for accessing the upcoming crypto presale. If you have been waiting for a project before the presale window opens, this is the stage to pay attention to. The whitelist is moving toward its closing phase, so joining now could put you ahead of the scramble for information once the upcoming crypto presale officially begins.
Apeing Presale Breakdown: Stage 1 Pricing, Allocation Limits, and Whitelist Entry Join the whitelist today to get a front-row seat on the upcoming presale. Stage 1 of the upcoming Apeing presale is presented as the earliest whitelist phase, with limited tokens intended for that stage. The stated Stage 1 price for the upcoming crypto presale is $0.0001, while the stated listing price is $0.01. Claims about returns are not included here, so the focus remains on the access and timing of the current whitelist opportunity.
How to Join the Apeing Whitelist To get started, go to the official Apeing website and find the whitelist section. Enter your email address, submit the request, and look for confirmation in your inbox. Whitelist members can then receive updates and straightforward instructions for accessing the upcoming official presale when it goes live. This simple process gives you a way to stay prepared without waiting for the upcoming crypto presale to begin.
XRP Clears $1 With a 5.77% Surge: The Level That Could Decide Its Next Big Move XRP has pushed to $1.05 after gaining 5.77% in 24 hours, with its market cap reaching $66.34 billion and daily volume exploding 92.91% to $1.76 billion. That move is especially significant because analyst Zach Rector has identified the $1 area as a critical psychological level where XRP could experience a major price swing. He has pointed to rising futures open interest and leverage as signs that traders are positioning for a larger move around this key threshold.
Now that XRP has reclaimed and moved above $1, attention shifts toward whether the breakout can develop further. Rector has identified $1.20 as an important level for stronger upside momentum, with the $1.60 to $1.70 region potentially confirming a more convincing bullish phase. The combination of a 5.77% daily rally and nearly $1.8 billion in volume gives XRP considerably more market activity behind the move, making its next reaction around these levels one of the most interesting developments to watch.
5.79% HYPE Rally Meets 50x Perps: Hyperliquid Just Got a Much Bigger Distribution Channel HYPE has jumped 5.79% to $61.81, lifting Hyperliquid’s market cap to $15.6 billion as daily trading volume climbs 61.88% to $397.7 million. The timing is notable because Coinbase is bringing Hyperliquid-powered perpetual futures directly into its Base App, giving eligible users access to more than 290 perpetual markets with leverage of up to 50x.
That integration could put Hyperliquid’s trading infrastructure in front of a dramatically broader user base without requiring traders to leave the Coinbase ecosystem. For HYPE, the bigger opportunity is the potential increase in visibility and activity around the protocol as derivatives become easier to access through a mainstream crypto app. With the token already sitting at a $15.6 billion market cap and nearly $400 million in daily volume, the Coinbase connection gives the latest rally a powerful adoption angle.
Apeing’s Next Move Is Near: Get Ready Before the Upcoming Presale Hyperliquid, XRP, and Apeing each bring a distinct identity to the crypto market. Hyperliquid focuses on decentralized trading, XRP remains a major established digital asset with a payments-oriented use case, and Apeing is building around meme culture, community engagement, entertainment, and utility. If you are researching the best altcoins to buy, following different project types can help you understand where current crypto activity is heading, including the upcoming crypto presale category.
Apeing is currently in its whitelist stage, with its upcoming official presale expected to arrive within the coming weeks, subject to official confirmation. If you are interested in participating, joining the whitelist now can help you receive important updates and instructions before the upcoming crypto presale goes live. Keep up with official announcements, stay prepared, and consider joining the whitelist while this early access window remains open.
For More Information: Website: Visit the Official Apeing Website
Telegram: Join the Apeing Telegram Channel
Twitter: Follow Apeing ON X (Formerly Twitter)
FAQs About the Upcoming Crypto Presale Is Apeing a new crypto project? Yes. Apeing is a meme coin brand focused on culture, community, engagement, entertainment, and useful utility. It is currently in its whitelist stage.
How can I join the Apeing whitelist? Visit the official Apeing website, enter your email through the whitelist section, and confirm your signup through email to receive future updates.
When is Apeing’s upcoming crypto presale expected? The upcoming crypto presale could begin within the coming weeks, with the first week of September rumored as a possible timeframe, subject to official confirmation.
Is the best altcoins to buy search limited to established projects? No. Your research can include established assets such as XRP and newer projects preparing for an upcoming crypto presale, depending on what you want to study.
Why join the Apeing whitelist before the upcoming crypto presale? Joining early can help you receive official updates and instructions before the upcoming crypto presale begins, helping you stay prepared during the transition from whitelist to presale.
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
According to official announcements, OKX has upgraded its RLUSD rewards program. Eligible VIP users will earn a 10% APR on their first 10,000 RLUSD holdings, an increase from the previous program’s cap of 2,000 RLUSD. Balances exceeding 10,000 RLUSD will accrue rewards at a 4.2% APR, while regular users continue to enjoy a 3.5% APR. Notably, users do not need to subscribe, redeem, or lock RLUSD to automatically earn rewards, and may choose to receive payouts in either RLUSD or XRP.
