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2026-08-18 00:41 2mo ago
2026-08-17 15:30 2mo ago
XRP’de 1 Dolar Savaşı: Long ve Short Verileri Neden Çelişiyor?
XRP Ripple
CoinGecko News
Original source text
XRP 1 dolar seviyesini korumaya çalışırken vadeli işlem verileri yatırımcıların pozisyonlarına ilişkin farklı rakamlar ortaya koyuyor. Gerçek tablo ise long-short oranlarından daha karmaşık.

XRP’nin 1 dolar çevresindeki mücadelesi sürerken vadeli piyasalardaki pozisyonlara ilişkin farklı veriler dikkat çekiyor. CoinGlass, XRP vadeli işlemlerindeki açık pozisyon büyüklüğünü yaklaşık 2,7 milyar dolar gösterirken bazı takip platformlarında bu rakam 866 milyon dolar ile 1 milyar dolar arasında kalıyor.

Bu fark, piyasanın yanlış ölçüldüğü anlamına gelmiyor. Platformların farklı borsaları ve sözleşme türlerini hesaba katması, rakamların birbirinden ayrılmasına neden oluyor.

Veriler arasındaki asıl karışıklık long ve short pozisyonlarının nasıl hesaplandığında ortaya çıkıyor.

XRP vadeli işlemlerinde hesapların yaklaşık %75’i long, %25’i short pozisyonda bulunuyor. Ancak bu oran, piyasadaki paranın %75’inin long tarafta olduğu anlamına gelmiyor.

Vadeli işlemlerde her long pozisyonun karşısında aynı büyüklükte bir short pozisyon bulunuyor. Örneğin üç yatırımcı 100’er dolarlık long açarsa toplam long tarafı 300 dolar olur. Buna karşılık tek bir yatırımcı 300 dolarlık short pozisyon taşıyabilir. Hesapların %75’i long olsa da iki tarafın pozisyon büyüklüğü yine eşit kalır.

Bu nedenle hesap sayısına dayalı long-short oranıyla dolar bazındaki pozisyon büyüklüğünü birbirine karıştırmamak gerekiyor.

XRP’de Satış Baskısı Artıyor mu? Vadeli pozisyonların dağılımından farklı olarak taker işlem hacmi, son dönemde satış tarafının daha güçlü olduğunu gösteriyor.

Son 24 saatteki taker işlemlerinde alışların payı yaklaşık %45, satışların payı ise %55 seviyesinde bulunuyor. Bu tablo, XRP’nin 1 dolar çevresindeki fiyat hareketinde satış baskısının daha ağır bastığına işaret ediyor.

Trader ChartNerd’in daha önce paylaştığı %51,5 long ve %48,5 short dağılımı da tartışmaya neden oldu. XRP Ledger geliştiricisi Bird, bu rakamların farklı taker verileriyle uyuşmadığına dikkat çekti.

ChartNerd daha sonra hesaplamasını yeniden yaptı ve son 24 saatte yaklaşık 304 milyon dolarlık long hacmine karşı 375 milyon dolarlık short hacmi bulunduğunu belirtti.

Buradaki fark, hangi verinin ölçüldüğüyle ilgili. Açık pozisyon, hesap oranı ve taker hacmi aynı şeyi göstermiyor.

ChatGPT Yanıtladı: XRP’de 1 Doların Altında Dip Geldi mi?

XRP 1 Doların Altına İnerse Ne Olur? XRP’nin 1 dolar seviyesini kaybetmesi, özellikle kaldıraçlı long pozisyonlar açısından riski artırabilir.

Fiyatın aşağı yönlü kırılması halinde bazı long pozisyonların tasfiye edilmesi yeni satış baskısı yaratabilir. Tersine, XRP’nin 1 dolar üzerinde güçlü bir toparlanma göstermesi short pozisyonların kapanmasına ve alımların hızlanmasına yol açabilir.

Bu nedenle mevcut tablo iki taraflı bir sıkışmaya işaret ediyor. Long pozisyonlar kalabalıklaşırken short tarafındaki bahisler de güçleniyor.

Binance’te XRP Vadeli Pozisyonları Artıyor CryptoQuant verileri, Binance tarafında da dikkat çeken bir değişime işaret ediyor.

XRP’nin Binance’teki açık pozisyon büyüklüğü son iki haftada %28,6 artarak 232,7 milyon dolara yükseldi. Aynı dönemde perpetual CVD ise eksi 463 milyon dolara geriledi.

Bu ayrışma, piyasaya yeni short pozisyonların eklenmiş olabileceğini gösteriyor. Spot piyasa akışı da benzer bir tablo ortaya koydu. Net akış 153 milyon dolarlık pozitif seviyeden 231,8 milyon dolarlık negatife döndü.

Dolayısıyla XRP’de yalnızca fiyatı değil, vadeli işlemlerdeki kaldıraç ve spot para akışını birlikte izlemek gerekiyor.

XRP’nin 1 dolar çevresindeki hareketi bu nedenle yalnızca bir destek seviyesi mücadelesi değil. Pozisyonların yoğunlaşması, satış baskısı ve artan açık pozisyonlar nedeniyle 1 dolar seviyesi vadeli piyasa açısından da kritik bir eşik haline geliyor.

Bu içerik genel piyasa verilerine dayanır ve yatırım tavsiyesi değildir. Kendi araştırmanızı yapmanızı öneririz.

Son Dakika kripto para haberleri için hemen tıkla.

Konu ile ilgili yorumlarınızı bize yazabilirsiniz. Ayrıca, bu tarz bilgilendirici içeriklerin devamının gelmesini isterseniz, bizleri Telegram, Youtube ve Twitter kanallarımızdan takip edebilirsiniz.
2026-08-18 00:41 2mo ago
2026-08-17 16:45 2mo ago
Crypto community anticipates CLARITY Act passage after Jim Cramer remarks
XRP Ripple
CoinGecko News
Original source text
A recent statement by Jim Cramer, the well-known CNBC host and financial commentator, has sparked renewed optimism within the XRP community regarding the passage of the CLARITY Act. Cramer declared, “I’m sure that the Clarity Act will never pass!” prompting prominent crypto influencer Crypto Rover and others in the digital asset community to interpret his words as a contrary indicator.

Cramer’s reputation as a contrarian signalOver the years, Cramer has developed a reputation among investors for making market predictions that often do not materialize as expected. This perception has become so prevalent that a segment of the crypto and financial communities now regard his statements as an unofficial “contrarian signal.” When Cramer voices strong confidence in a potential outcome, many expect the opposite to occur.

Crypto Rover leveraged that reputation by publicly sharing Cramer’s remarks and suggesting that the bill is, in fact, likely to succeed. The post quickly gained traction, with a significant portion of the XRP community expressing agreement and framing Cramer’s statement as a bullish sign for the bill’s prospects.

Crypto community members highlighted that Cramer’s certainty has historically been followed by an outcome in the opposite direction, strengthening their belief in imminent progress for the CLARITY Act.

Senate moves CLARITY Act toward key voteThe CLARITY Act, a legislative initiative aimed at providing regulatory guidance for digital assets such as XRP, is now approaching a critical stage in the United States Senate. Senate Majority Leader John Thune has filed for cloture, which allocates official floor time for the bill when the Senate returns from its August recess. The cloture vote has been scheduled for September 15, 2026, at 2:15 PM.

Senator Bernie Moreno, a key backer of the bill, has indicated that all Republican senators are expected to vote in favor of moving the legislation forward. “There is absolutely nothing to ‘iron out,’” Moreno stated, emphasizing that negotiations have concluded. To pass the 60-vote cloture threshold, at least seven Democratic senators must join all 53 Republicans in support of the bill.

Senator Moreno confirmed that unified Republican support is secured and signaled confidence that enough Democrats will also endorse the measure.

The most significant resistance to the bill has emerged from the banking industry lobby. However, Senator Cynthia Lummis, alongside other supporters, has countered these objections. Patrick McHenry, former House Financial Services Committee Chairman, said the banking lobby’s efforts are “falling on deaf ears” and projected that the legislation would be enacted before the end of 2026.

Mini dictionary: Cloture, a legislative process in the US Senate, is a procedure to bring debates to an end, requiring a supermajority vote to proceed to a final decision or vote on proposed legislation.

September 15 vote seen as decisive testThe upcoming September 15 cloture vote is closely watched by digital asset advocates and market observers. With all Republican votes effectively secured, the fate of the CLARITY Act depends on whether a sufficient number of Democratic senators cross party lines. Early signals from Capitol Hill suggest that between seven and ten Democrats may be prepared to support the bill, potentially paving the way for its passage.

Cramer’s high-profile comments have injected further confidence into the XRP community, who see his pessimism as a reliable indicator of legislative success. As the September vote approaches, legislative momentum and bipartisan discussions support an optimistic outlook for regulatory clarity in the digital assets space.

Key CLARITY Act Senate Vote MetricsNumber NeededCurrent ExpectedRepublican votes5353Democratic votes needed77–10 (anticipated)Total votes required60Potentially 63Disclaimer: 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.
2026-08-18 00:41 2mo ago
2026-08-17 17:18 2mo ago
XRP risks major drop if 9-year trendline breaks, analyst JD warns
XRP Ripple
CoinGecko News
Original source text
XRP faces a critical technical juncture that could dictate its price trajectory for the foreseeable future, according to cryptocurrency analyst JD, known as @jaydee_757. His most recent analysis spotlights XRP’s performance on the two-week chart, referencing technical structures that have guided the asset’s behavior since 2018.

Approaching a pivotal technical zoneJD highlighted that XRP currently sits near the intersection of two major trendlines. One is a descending resistance line dating back to the 2018 peak, and the other is a rising support line that stretches across several notable market lows.

The proximity to these trendlines has formed a broad triangular pattern that has shaped XRP’s longer-term price movements. This triangle’s boundaries now coincide with key price levels, putting XRP at an important decision point.

The analyst cautioned that a confirmed breakdown below the 9-year trendline could initiate a steep decline. He characterized such a move as a possible setup for another significant buying opportunity, recalling previous cycles where comparable declines preceded extended market rallies.

A former resistance re-testedXRP decisively broke out of the triangle pattern in late 2024, moving above resistance and eventually achieving a new all-time high of $0.365 in July 2025. Following this surge, the asset entered a retracement phase that has brought its price back toward the former resistance line.

This area now acts as a key support level. Technical analysts often observe how assets interact with such historical boundaries, as a failure to hold could point toward deeper losses.

JD’s chart suggests a heightened probability that XRP could fail to sustain support at this level, setting the stage for a more substantial correction.

Analyst expects possible move lowerJD’s outlook focuses on the risk associated with breaching the long-standing trendline. His analysis indicates that XRP could revisit its rising support line, which has marked major lows in years such as 2020, 2022, and 2024.

Historically, this trendline has provided reliable support, triggering significant upward price actions after each test. Should XRP approach this level again, it may experience a deeper retracement before stabilizing.

JD described the potential drop as a “biggest opportunity of a lifetime,” drawing parallels with previous cycles that led to market surges following deep corrections.

Preparing for a possible worst-case scenario ahead of the next major peak expected around 2028, JD’s analysis emphasizes vigilance over the coming weeks. He pointed to prior instances in which XRP rebounded strongly from similar setups.

Mini dictionary: Trendline — In technical analysis, a trendline is a straight line connecting two or more price points on a chart and is typically used to identify underlying support or resistance levels.

Long-term outlook and cycle developmentJD’s broader thesis is that a successful test and rebound from the rising trendline might set the groundwork for another significant surge in XRP. He expects any pullback to create an attractive entry before a potential rally that could culminate in the next crypto cycle’s peak around 2028.

His analysis outlines a sequence: XRP is currently retesting a former resistance as support. If the asset breaks down and approaches the rising trendline, and if historical patterns hold, a robust recovery could follow, forming the next major XRP cycle.

YearMajor Support TestPrice Reaction2020Rising trendlineStrong advance2022Rising trendlineMarket rally2024Rising trendlineAnother surgeDisclaimer: 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.
2026-08-18 00:41 2mo ago
2026-08-17 17:39 2mo ago
XRP News: Retail Panic-Sells XRP at $1 While Ripple Absorbs $16 Trillion
XRP Ripple
CoinGecko News
Original source text
Here’s the strange part nobody’s really talking about. As XRP hovers near $1 and retail investors head for the exits, the actual plumbing that could make the token useful at scale is already built, funded, and sitting one signature away from switching on.

Retest Everyone’s Bracing For

XRP has already dipped slightly below $1 once recently, and analyst Brad Kimes of Digital Perspectives thinks another test of that level is coming. “I think we could see this break back down and retest just below a dollar,” he said, pointing to a pattern he’s watched play out three or four times in XRP’s history, where the price returns to touch that same baseline before reversing.

Kimes was upfront that he’s not primarily a chart guy, but the fundamentals line up with the technical picture right now. With Congress in recess and the CLARITY Act still unresolved, there’s genuine downward pressure weighing on sentiment, exactly the kind of news vacuum that tends to accompany these baseline retests.

Twist: Infrastructure Isn’t Waiting on Retail

Here’s where the story gets interesting. While retail sentiment sours, Ripple’s institutional relationships have been quietly compounding for nearly fifteen years. Ripple’s ties to the Royal Bank of Canada reportedly go back as far as 2015 now, alongside a separate, more recently reported relationship with the Bank of Montreal. These aren’t new partnerships built on hype. They’re a decade-plus of infrastructure work that predates most of the retail investors currently selling.

The bigger number sits inside Ripple Prime and Ripple Treasury, the rebranded versions of Ripple’s acquisitions of Hidden Road and GTreasury. Ripple Prime and Ripple Treasury now handle $16 trillion in volume annually too, according to Kimes, a figure that existed before either business unit had touched a digital asset. That volume now sits under Ripple’s umbrella, waiting for the moment it starts flowing through XRP-based rails instead of legacy ones.

A Regulatory Green Light Already Sitting in Place

Perhaps the most overlooked detail: the DTCC, the organization that clears and settles the vast majority of US securities transactions, already has Ripple Prime embedded in its live tokenization work, not a pilot program, but production. The DTCC reportedly received a three year no action letter tied to Ripple Prime, a signal from the SEC that effectively clears the path for this activity to continue.

Kimes connected that letter to a rescheduled SEC meeting that was rumored to potentially open the door for tokenizing stocks and bonds across networks including Stellar, Solana, and the XRP Ledger. If that’s genuinely where things are headed, he argued, it looks less like a coincidence and more like regulators quietly applying pressure on the Senate to finally move the CLARITY Act forward.

Why CLARITY Is the Missing Piece, Not the Whole Picture

Kimes leaned on an analogy from Representative French Hill to explain why the bill matters so much: having the GENIUS Act for stablecoins without the CLARITY Act is like having cell phones with no legislation covering the towers that make them work. The infrastructure exists. The rules connecting it to the rest of the financial system don’t, at least not yet.

Retail’s Missing Piece: Actually Using the Asset

The other gap holding XRP back from broader adoption isn’t regulatory, it’s practical. For years, holding XRP has mostly meant simply holding it. That’s beginning to change. Flare’s FXRP token now lets XRP holders put their tokens to work inside DeFi too, opening the door to yield and utility that didn’t exist for XRP holders previously. Kimes described being able to actually deploy an asset, rather than just sit on it, as one of the final missing pieces for anyone serious about building long-term wealth rather than simply hoping for a price increase.

The Irony, Summed Up

Put together, the picture looks almost backwards from how it’s being priced. Retail is selling into fear over a stalled bill and a shaky chart, while the institutional rails, the bank relationships, the regulatory clearance, and the acquired trillion-dollar volume streams, are already largely in place, waiting on one piece of legislation to formally connect them to XRP itself.

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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Read the Next News
2026-08-18 00:41 2mo ago
2026-08-17 17:56 2mo ago
Jane Street grew its Bitwise XRP ETF stake nearly 60-fold in the second quarter
XRP Ripple
CoinGecko News
Original source text
The position was valued at roughly $14 million, representing a nearly 60-fold increase in a single quarter.

Broad Exposure Across XRP ETF Issuers

Market-Making Context As one of the largest ETF liquidity providers globally, @JaneStreetGroup routinely holds inventory across the products it facilitates, and 13F disclosures reflect end-of-quarter snapshots rather than strategic investment intent.

Sources:
CryptoNews: Jane Street Reports Major Position Across XRP ETF
CoinTurk: Jane Street Discloses $14 Million in Bitwise XRP ETF
XRP ETF Tracker: Live AUM, Holdings and Flows
2026-08-18 00:41 2mo ago
2026-08-17 18:34 2mo ago
Ripple’s (XRP) $1 Breakdown Could Get Worse Before It Gets Better
XRP Ripple
CoinGecko News
Original source text
Ripple’s (XRP) $1 Breakdown Could Get Worse Before It Gets Better
2026-08-18 00:41 2mo ago
2026-08-17 18:49 2mo ago
XRP Prediction 2026: Kalshi Odds Climb on XRP Hitting $1.5 in 2026
XRP Ripple
CoinGecko News
Original source text
In This Article XRP Price Prediction 2026: Kalshi Odds on Ripple Hitting $1.50 this Year Spikes to 23%XRP Price Levels and Recent ETF Flows Slowed in Early August XRP price prediction for 2026 from Kalshi has odds of the asset trading above $1.50 this year at 23%, climbing from 18% just yesterday. This renewed optimism comes as Ripple is trading at about $1 per coin, according to CoinGecko.

This is about 72.6% below its July 2025 all-time high of $3.65. The token had a market capitalization of roughly $62.8Bn, ranking sixth among cryptocurrencies, while 24-hour trading volume was about $779M across 152 exchanges and 470 markets tracked by the platform.

The $1 area remains an important reference point in recent XRP trading. While the available evidence does not support a price forecast of $2 or $0.50, it does indicate a market focused on whether XRP can maintain the $1 psychological level, with fund-flow data remaining subdued.

Honestly this is the zone we shouldn’t be missing on $XRP.

Daily candle is looking healthy right on the long term trendline with bullish RSI divergence showing up.

I think taking some risk here makes sense.#DYOR pic.twitter.com/rpDF1IwysS

— Gerla 🦁 (@CryptoGerla) August 17, 2026

XRP Price Prediction 2026: Kalshi Odds on Ripple Hitting $1.50 this Year Spikes to 23% Even with XRP sitting right at $1 and looking dangerously close to losing that key support zone, Kalshi odds of Ripple trading above $1.50 in 2026 rose overnight, from 18% to 23%.

This renewed optimism among bettors doesn’t have an obvious reason but could be tied to the belief that broader market conditions will improve toward the end of 2026, with the expectation that XRP will climb alongside Bitcoin and the rest of the crypto market.

Interestingly, 10% of bettors in the same Kalshi market believe that Ripple will hit $2.50 this year, which would require a lot of bullish catalysts to align, such as peace in the Middle East and the CLARITY Act being signed into law.

(SOURCE: Kalshi)

XRP Price Levels and Recent ETF Flows Slowed in Early August CoinGlass data show that U.S. spot XRP ETFs recorded a net inflow of +$2.25M for the week ending August 14, down 93% from $14.86M just two weeks earlier. The report put net assets at approximately $1.43Bn, compared with about $1.35Bn at the beginning of the month.

Phemex attributed the decline in net assets primarily to XRP’s lower price during the week rather than net fund redemptions, as the weekly flow total remained positive.

The week prior, the XRP ETF data breakdown included a $3.58M outflow on August 5, a $3.45M inflow on August 6, and zero net flow on August 7, highlighting dwindling institutional attention to the asset.

CoinGecko’s August 17 data placed XRP near $1.00, with a 24-hour range of $0.9887 to $1.00 and a seven-day range of $0.9887 to $1.04. That snapshot followed an earlier period described by Phemex, during which XRP tested the $1 level.

Phemex reported that XRP touched $1.01 during the week ending August 8 and did not close a daily session below $1.00 in that reporting period.

The outlet identified $1.05 as a level that had been broken on August 6 and had not yet been reclaimed, while placing the next support zone near $0.92 to $0.95 if XRP were to close below $1.00.

(SOURCE: CoinGlass)

The current evidence supports a narrower conclusion than a long-range price prediction. XRP spot ETFs are trading on major US exchanges; recent cumulative ETF inflows were reported at nearly $1.51Bn, while the week ending August 8 saw a much smaller $1.01M net inflow.

Price data also shows XRP near $1.00, below the $1.05 level highlighted in the early-August report. Whether fund flows strengthen or remain muted is a data point to watch, but the evidence provided does not establish a specific 2026 target of $2, $0.50, or $10.

XRP’s price and ETF-flow data point to a market concentrated around the $1 level. CoinGecko’s August 17 snapshot showed XRP at about $1.00, while Phemex’s report for the week ending August 8 showed positive but sharply reduced ETF inflows.

The available reporting identifies $1.05 as a level not yet reclaimed and $1.00 as the key psychological area tested during that earlier week.

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Alex Ioannou

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Alex is a seasoned cryptocurrency trader and market analyst with over seven years of active experience in the digital asset space. Since entering the markets in 2017, Alex has specialized in identifying emerging "meta" trends and high-volatility narratives. Notably, Alex... Read More

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2026-08-18 00:41 2mo ago
2026-08-17 19:02 2mo ago
DECRYPT: XRP Price Holds to Near Two-Year Streak, But Charts Flash a Warning Sign
XRP Ripple
CoinGecko News
Original source text
In brief XRP is trading around $1.00, clinging to the dollar price line it's defended since Trump's 2024 win. The daily chart is bearish, and the weekly chart is now converging. With XRP deep in oversold territory, will it give holders a bounce? Crypto is grinding through what can be considered an extended bear market with no confirmed bottom in sight. Bitcoin is down more than 3% this week and stuck below $64,000, while Ethereum is struggling to hold onto $1,900, with traders still debating when this slide actually ends.

Wall Street is having a completely different Monday. The S&P 500 and Nasdaq are hovering near recent highs, with AI stocks catching another bid after Bloomberg reported Anthropic posted $11.5 billion in quarterly revenue and is now meeting banks about a possible IPO.

Myriad: XRP next price move? Click to make your prediction.Crypto, in general, is starting the week mostly flat, with most of the coins in the top 10 moving less than 2% in either direction. For XRP, that’s arguably a good thing, considering how strong bears have been.

XRP price: Defending the dollar for the 635th day

XRP is slightly up 1.11% today, trading around $1.0046 after opening at $0.9935 and dipping to an intraday low of $0.9882. It's a small bounce, but it matters.

XRP has closed above $1 every single day since November 2024, a streak that had reached 635 sessions as of last week. That streak nearly snapped twice this month already.

The scare came in part from a bridge exploit that drained roughly $200,000 through a connection between the TX Chain and the XRP Ledger, pushing XRP briefly under $1 on August 11 and again on August 14.

Buyers stepped back in before the daily close both times. This week's chart shows the same story: XRP tagged $0.9862, a level last touched right before the November 2024 rally—the one traders took to calling the “Trump pump,” since it followed Donald Trump’s reelection—that eventually carried it to an all-time high of around $3.65.

On the daily chart, the technical damage is already done. XRP's 50-day exponential moving average, or EMA, is trading below its 200-day EMA. EMAs smooth out price action to reduce all the noise you see on intraday sessions. When the shorter-term average crosses below the longer-term average, it forms a pattern on the charts that traders refer to as a death cross. For XRP, it essentially confirms sellers have run the short-to-medium-term trend for weeks now.

Zoom out to the weekly chart and the picture gets heavier. XRP's 50-week EMA is still trading above its 200-week EMA, meaning the golden-cross structure that's technically underpinned the entire post-election rally is still intact.

But that gap has been closing for months, and the weekly Average Directional Index, or ADX, now reads 33.7. ADX measures trend strength regardless of direction, and above 25 signals a trend in place. For XRP, ADX at 33.7 signals a genuinely strong trend reading pointed in the wrong direction for anyone long the token.

When a shorter-term EMA spends this long grinding toward a longer-term one from above, traders read it as a warning shot for an eventual cross, not a coincidence.

Back on the daily charts, the ADX reads 21.8, just under the 25 level traders use to confirm real conviction. That means this decline is real, but not exactly violent anymore. The chart's own Fibonacci retracement (a natural set of supports and resistances that appear during a trend), shows XRP hasn't even reclaimed its shallowest retracement level at $1.0281. The so-called golden zone between $1.0754 and $1.0965 is still a long climb from here.

The calendar isn't offering much help either. The Senate left for a five-week August recess without voting on the Clarity Act, pushing the crypto market structure bill's next realistic vote to September 15. The SEC abruptly pulled its own vote on new crypto-startup fundraising rules the same week, citing a scheduling issue.

The bear force is so strong that Standard Chartered's Geoff Kendrick cut his 2026 XRP price target from $8 to $2.80 in the first quarter of 2026. Whales have reportedly bought roughly 380 million XRP near the $1 level over the past week, but they're doing it alongside $1.5 billion in freshly opened leveraged long positions—the kind of position that turns an ordinary break below $1 into a faster, uglier one if it triggers forced liquidations.

The most obvious resistance sits close to $1.07–$1.09 (golden zone), with $1.1264 (78.6% Fib) if the momentum is sustained. For support: $0.98 would be this week's low with $0.9061 as a major support as close to the $1 base as it could be.

Disclaimer

The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.

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2026-08-18 00:41 2mo ago
2026-08-18 00:00 2mo ago
XRP’s $2.16B long bet looks risky – But THIS could change the setup
XRP Ripple
CoinGecko News
Original source text
Going long on Ripple is not the best idea at this stage of the cycle.

From a technical perspective, XRP is already down more than 6% this month and is nowhere close to realizing its gains from July. In contrast, Ethereum has gained a solid 1.7% this month, making it clear that XRP is not attracting big institutional flows. With that said, the chart below becomes even more significant.

Specifically, almost $2.16 billion in fresh long positions have been opened recently, fueling frenzied speculation. Given the technical setup described above, this development makes XRP highly vulnerable to a massive long liquidity sweep.

Source: TradingView Interestingly, Ripple [XRP] kicked off the week by breaking below the critical $1 level, adding more pressure to the long-heavy setup. If bulls fail to reclaim $1, the breakdown could open the door to deeper downside, a setup that can’t be ignored given the weaker institutional demand.

According to the SoSoValue, XRP ETFs have seen just over $3 million in net inflows so far in August, while Ethereum ETFs have pulled in over $2. That gap shows how much stronger the current capital rotation into ETH has been compared to XRP.

Taken together, the combination of weak technical performance and institutional flows suggests that the large $2.16 billion long bet on XRP looks like a risky trade. If XRP fails to reclaim $1, those leveraged longs could quickly turn into a short-covering squeeze, raising the question: Is Ripple on track for a break below $0.98?

XRP bulls take a risky bet  One thing to consider when looking at the current bet is the timing of the move.

Notably, while XRP’s technical and institutional setup looks weak, some on-chain signals and liquidity flows are pointing to another direction. One of them is the XRP/ETH ratio, which analysts expect to rebound based on key technical signals. Notably, this is where the chart below begins to hold weight.

According to Token Terminal, RLUSD was the fastest-growing asset over the past seven days, adding $132 million, while Ripple was the faster-growing issuer, also adding $132 million. This suggests that RLUSD supply continues to expand, even as XRP struggles to gain momentum. This divergence is worth watching.

Source: Token Terminal Notably, the rising RLUSD supply and growing on-chain activity point to stronger network engagement across the XRP Ledger. That puts XRP in a better position if the broader market flips back to risk-on. If liquidity continues to build while the XRP/ETH ratio begins to recover, the current weakness could turn into a stronger rebound setup.

In this context, while $2.16 billion in long positions might seem too risky, the overall setup suggests that XRP bulls may have more conviction behind the trade than the current price action suggests.

Final Summary XRP’s long-squeeze risk has intensified, with over $2.16 billion in long positions recently added. Could XRP bulls be making a strategic bet?
2026-08-18 00:41 2mo ago
2026-08-18 00:01 2mo ago
XRP, Bitcoin (BTC), Shiba Inu (SHIB) and Zcash (ZEC) Price Analysis for August 18: Market Volumes Fly Over the Top
BTC Bitcoin SHIB Shiba Inu XRP Ripple ZEC Zcash
CoinGecko News
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The most recent attempt to stabilize around $1.00 has not yet resulted in a significant reversal signal, and XRP is still trapped in a clear downtrend. After momentarily falling below the psychological $1 threshold, the asset is currently trading close to $1.002, placing XRP at one of its most technically sensitive levels of 2026. 

The next significant dynamic resistance is located around $1.08, and XRP is currently trading below the short-term average near $1.04. More significantly, the longer-term averages continue to be significantly higher at roughly $1.16 and $1.35. 

XRP/USDT Chart by TradingViewThe fact that $1.00 has not responded strongly is the immediate problem. Although buyers have so far stopped a clear breakdown, XRP is still printing lower highs and lower lows. 

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XRP must first reclaim the $1.04–$1.08 region in order to achieve a short-term recovery. A move above $1.08 would reveal the $1.15–$1.16 resistance zone and significantly improve the setup. 

Rebounds are still susceptible to fresh selling until then. On the downside, XRP would have little obvious support right below if it lost $1.00 on a daily closing basis. The next sensible area to keep an eye on would be the $0.95 region. 

Therefore, until buyers are able to transform the current $1.00 defense into an actual higher-low structure instead of just another brief pause, XRP remains bearish. 

Bitcoin averaging downAlthough Bitcoin's overall technical structure is still weak, it is exhibiting significantly more stability than XRP. After spending most of August consolidating in a relatively small range following the dramatic June sell-off and subsequent recovery from below $60,000, Bitcoin is currently trading at about $63,650. 

BTC/USDT Chart by TradingViewThe way Bitcoin interacts with the moving averages centered around the current price is the most significant short-term development. Since Bitcoin is almost exactly on the short-term averages between $63,650 and $63,800, buyers and sellers are immediately engaged in a battle in the $63,000 to $64,000 range. 

The price is no longer significantly lower than these averages, in contrast to the June decline. However, this stabilization has not resulted in a more widespread reversal of the trend. While the long-term average is significantly higher at $71,600, Bitcoin is still below the declining intermediate moving average at $66,300. 

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Following the previous volatility, the market is essentially contracting. The first significant bullish signal would come from a move above $66,300, which might pave the way for a move toward $70,000–$71,600. Regaining the latter would be a far more significant structural advancement. 

Shiba Inu at the lower end of the range With the current consolidation around $0.00000447 doing little to challenge the larger bearish structure, Shiba Inu is still stuck close to the bottom of its 2026 range. 

After declining in July, SHIB has been able to stabilize, but buyers have not yet shown the follow-through required for a real trend reversal. The moving averages make the issue very clear. At roughly $0.00000447–$0.00000457, SHIB is trading almost exactly around the short-term averages, forming a compressed local structure. 

SHIB/USDT Chart by TradingViewThe more significant resistance, however, is still above: the long-term average is much higher near $0.00000577, and the intermediate moving average is located around $0.00000490. With a significant increase in volume, the late-July volatility spike momentarily drove SHIB toward $0.0000058.

Because of this rejection, the $0.0000049–$0.0000050 region is especially crucial. Before the market structure can improve, another breakout attempt must pass through this zone and remain above it. As of right now, momentum provides minimal directional confirmation. 

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The RSI is currently at about 46, which is far from oversold territory but below the neutral 50 level. This implies that SHIB could continue moving sideways without necessarily triggering a significant rebound. The immediate support region is located between $0.0000043 and $0.0000044. Losing it would expose the psychological $0.0000040 level and the July lows around $0.0000041. 

The initial goal for bulls is to recover $0.0000049. The path toward $0.0000055–$0.0000058 could be reopened by a sustained move above $0.0000050. Until then, SHIB's stabilization appears to be more of a consolidation at the lows than a confirmed recovery. 

Zcash remains strong technically Despite significant volatility, Zcash still has one of the stronger technical structures on the chart. After gaining about 5% on the most recent daily candle, ZEC is currently trading at $511. This keeps the price above all of its major moving averages and maintains the larger recovery structure that has been in place since the March–April bottom. 

The $490–$500 range is where the immediate setup is concentrated. While another significant average is situated lower at roughly $472, the short-term moving averages are grouped around $493–$495. Since late July, ZEC has frequently traded in this region, but sellers have been unable to force a prolonged breakdown. $490 is therefore especially crucial. 

ZEC/USDT Chart by TradingViewBy staying above it, ZEC has another chance to attack the recent resistance around $520–$530 and maintains the constructiveness of the current structure. Attention would probably shift to $550–$570, where the previous July rally faced strong selling pressure, if there were a clear breakout above that region. 

Compared to what the short-term price action indicates, the larger trend is still much stronger. The long-term moving average for ZEC is currently close to $426 and is still rising.

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As a result, even after several months of erratic consolidation, the price maintains a sizable cushion above its main trend support. Declining volume is the primary weakness. A breakout from the current range would benefit from a noticeable increase in participation, as recent trading activity is significantly lower than that of the major May and June moves. 

If ZEC drops below $490, $470-$475 will be the next significant support. The technical picture would deteriorate below that level, with $425–$430 emerging as the primary structural support. 
2026-08-17 20:55 2mo ago
2026-08-17 15:45 2mo ago
6 Altcoins That Could Benefit From Treasury’s New Stablecoin Rules
ARB Arbitrum ETH Ethereum HYPE Hyperliquid SOL Solana USDC USD Coin USDT Tether XRP Ripple
CoinGecko News
Original source text
Treasury’s new stablecoin rules would decide which dollar tokens can legally reach US buyers. Chains already running on a licensed dollar hold the edge, and six altcoins sit closest to it.

Nothing is final yet, and Treasury opened a 60-day comment period. The hard deadlines land in January 2027 and July 2028.

How Treasury’s New Stablecoin Rules Sort the ChainsCongress passed the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act in July 2025. The idea is simple. A dollar token needs a US license to reach American users.

Two dates carry the weight. Unlicensed issuance inside the country ends on January 18, 2027. Then from July 18, 2028, platforms generally cannot sell payment stablecoins to US persons. Only licensed issuers pass.

No issuer holds that license yet, because licensing opens in 2027. However, the queue has already formed.

The Office of the Comptroller of the Currency (OCC) approved five trust bank charters last December on a conditional basis. Circle, Ripple, Paxos, Fidelity Digital Assets, and BitGo made that list. Circle then went further and won final approval in July.

Treasury Secretary Scott Bessent framed the goal as certainty.

“Treasury welcomes input from stakeholders as we work to provide the regulatory certainty businesses need to innovate and grow in America…” read an excerpt in the Monday announcement, citing Bessent.

Follow us on X to get the latest news as it happens

This is the third time Treasury has asked the industry to weigh in. It opened a second comment window last September.

.@POTUS and Congress delivered the GENIUS Act, establishing a landmark framework and clear rules of the road for payment stablecoins, and Treasury is moving quickly to implement that framework. @USTreasury welcomes input from stakeholders as we work to provide the regulatory…

— Treasury Secretary Scott Bessent (@SecScottBessent) August 17, 2026
Europe Already Ran This ExperimentThe US is not first. Europe’s Markets in Crypto-Assets (MiCA) rules set a similar test, and the result is on record.

Binance told European users on March 3, 2025 that eight tokens would go. USDT also led that list. Margin pairs were delisted on March 27 and converted to USDC automatically.

Spot pairs then followed on March 31. In its announcement, Binance pointed users toward USDC.

That is the pattern the GENIUS Act now sets up for America, only on a far larger base.

6 Altcoins That Could Benefit From the ProposalStablecoins hold about $300 billion across all chains, according to DefiLlama.

Total Stablecoin Market Cap. Source: DefiLlamaThe ranking below uses one measure. It is the share of each chain’s stablecoin supply that already sits with a licensed issuer.

Hyperliquid (HYPE)
Hyperliquid carries $6.18 billion in stablecoins. USD Coin (USDC), issued by Circle, makes up 97.8% of it. No other major chain leans so hard on a single licensed issuer. HYPE trades at $59.34, up 3.9%. It is also the only altcoin here in profit over 12 months, at 26.3%.

Arbitrum (ARB)
USDC covers 63.5% of Arbitrum’s $3.5 billion stablecoin base. Foreign-issued tokens face the tighter test, so that mix helps. ARB trades at $0.0749, up 1.2%.

Polygon (POL)
Polygon holds $3.03 billion in stablecoins, with USDC at 53.3%. A slim majority therefore sits with a chartered issuer. POL changed hands at $0.0781 after a 3.8% gain.

Solana (SOL)
Solana’s $15.33 billion base ranks third among all chains. USDC leads it at 43.5%, ahead of Tether (USDT). SOL trades at $75.84, up 0.9%.

Ethereum (ETH)
Ethereum hosts $146.57 billion in stablecoins, nearly half the global total. However, USDT holds 50.4% of that. The rest, about $73 billion, is the deepest non-Tether pool anywhere. Meanwhile, ETH price near $1,900 reflects a 1.4% gain to $1,904.24.

XRP
Ripple issues Ripple USD (RLUSD) and holds one of those conditional charters. More than half a billion dollars of RLUSD supply moved to XRPL. That network passed Ethereum as RLUSD’s main settlement venue in June. XRP trades at $1.002, up 0.3%.

6 Altcoins That Could Benefit From Treasury’s New Stablecoin RulesTron Holds the Largest Bet the Other WayTron carries $92.04 billion in stablecoins, second only to Ethereum. USDT makes up 97.9% of that. The chain therefore has almost no licensed alternative.

BeInCrypto reported in March that Tron’s USDT balance had passed Ethereum’s. TRX trades at $0.3313, up 0.1%.

Tether is not sitting still, however. It launched a US token called USAT in January through Anchorage Digital Bank. The company says USDT is working toward GENIUS Act compliance.

None of this promises a rally. Every altcoin listed except HYPE is down 58% to 86% over the past year. Monday’s moves also stayed under 4%. The comment file closes 60 days after Federal Register publication. That is where the real fight happens.
2026-08-17 18:09 2mo ago
2026-08-17 09:16 2mo ago
Ethereum to $10,000: Top XRP Analyst Reveals Real Level He Plans to Sell ETH
ETH Ethereum LVL Level XRP Ripple
CoinGecko News
Original source text
Ethereum to $10,000: Top XRP Analyst Reveals Real Level He Plans to Sell ETH
2026-08-17 15:06 2mo ago
2026-08-17 10:43 2mo ago
Binance Rolls Out 1M XRP Reward Pool for RLUSD Holders, Here’s How to Qualify
XRP Ripple
CoinGecko News
Original source text
Binance has launched an $800,000 XRP reward campaign for eligible RLUSD holders, creating another incentive to use Ripple’s stablecoin on the exchange. At the same time, XRP Ledger activity has picked up, with Santiment recording its highest daily active-address count in more than two months.

How the RLUSD XRP Rewards WorkBinance’s campaign ran from July 17 through August 14, with XRP rewards distributed every Friday. Users needed to maintain at least 0.01 RLUSD in eligible Binance Earn or Margin accounts and record at least $500 in average daily Margin or Futures trading volume.

RLUSD held in Flexible Savings, or used as collateral in Cross Margin, Isolated Margin or Portfolio Margin accounts, could qualify. Users also had to complete KYC and live in an eligible jurisdiction.

The reward calculation used the lowest RLUSD balance recorded through hourly snapshots each day. Binance then applied the weekly effective APR to the seven-day average qualifying balance.

XRP Rewards Fell as the Campaign ProgressedThe headline reward pool was $800,000 worth of XRP, divided across four weekly distributions. The effective APR changed considerably during the campaign:

July 24: 22.25%July 31: 8.22%August 7: 8.08%August 14: 7.69%This decline shows why the headline APR should not be treated as a fixed return. Binance states that the rate can change each week depending on qualifying balances and other campaign factors.

RLUSD obtained through borrowing also faced restrictions. Binance applied a 60% haircut to the leveraged portion, while borrowed RLUSD recorded as a liability did not count toward the qualifying balance.

XRP Ledger Activity Sends a Different SignalWhile XRP sentiment has weakened, blockchain activity has moved in the opposite direction. Santiment reported 49,929 active XRP addresses within 24 hours, the highest level in more than two months.

😠 XRP negativity surged throughout this week as prices have failed to rally (so far). Crowd commentary is now at a 3-month bearish extreme across X, Reddit, Telegram, and other crypto channels.

⚡ The XRP Ledger, on the other hand, is not so quiet. $XRP just saw 49,929 active… pic.twitter.com/CmXxOHSYt0

— Santiment Intelligence (@SantimentData) August 14, 2026 The increase comes after XRP market value fell below $1, with retail commentary reaching a three-month bearish extreme across social platforms, according to Santiment.

This creates an interesting contrast, while market sentiment is weak, participation on the XRP Ledger is rising.

Story Ends Here

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2026-08-17 15:06 2mo ago
2026-08-17 10:46 2mo ago
Jane Street Reports Major Position Across XRP ETF
XRP Ripple
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Jane Street Group reported holding more than 1.2 million shares of Bitwise’s XRP ETF as of June 30, 2026, up from 20,605 shares three months earlier. The 60-fold increase appeared in the trading firm’s second-quarter Form 13F filed with the SEC.

The filing highlights Jane Street’s position in the XRP ETF market, but its role as a major market maker that actively trades ETFs and options means the holding should not necessarily be viewed as a simple long-term directional bet on XRP.

Jane Street’s Q2 2026 Form 13F covers holdings as of June 30. The filing reported more than 1.2 million Bitwise XRP ETF shares, compared with 20,605 ordinary shares at the end of the first quarter.

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The firm also reported exposure to XRP-related funds from Franklin Templeton, Grayscale, Canary Capital, and 21Shares. That places Jane Street across several XRP ETF products rather than solely in Bitwise’s fund.

Bitwise’s product stands out because it holds spot XRP, unlike other ETFs tracking the asset. The fund launched in November, a few weeks after Canary Capital’s ETF reached Wall Street, and has since become the largest of the group discussed in the filings.

The XRP increase in reported shares is substantial, but Jane Street’s market-making and ETF and options trading activities provide important context. The source material cautions that the position should not automatically be treated as a straightforward long-term bet on XRP.

The filing establishes the firm’s reportable securities position at the June 30 cutoff. On its own, that reported position does not establish Jane Street’s investment intention or the duration for which it plans to hold the shares.

Jane Street’s reported stake nevertheless makes it a leading participant in XRP ETF adoption among the institutions cited in the filings.

Trade XRP on Bybit and Get a Chance to Win Our $1,000 USDT Airdrop

Other Institutions Reporting XRP ETF PositionsBank of America reported 13,260 shares of the Volatility Shares XRP ETF, a position valued at about $76,000. Unlike Bitwise’s product, the Volatility Shares ETF is not a spot ETF.

The Bank of America Corporate Center serves as the company’s primary headquarters in Charlotte.Morgan Stanley reported positions in three XRP-related funds at the end of the second quarter: 6,715 shares of Franklin’s XRP ETF, 255 shares of REX-Osprey’s product, and 567 shares of Bitwise’s fund. The holdings are small relative to Morgan Stanley’s overall portfolio, but add to the list of institutions reporting regulated XRP exposure.

Other reported positions included nearly 200,000 Bitwise XRP ETF shares held by Wolverine Asset Management and 86,744 Capital XRP ETF shares reported by Gallacher Capital Management. Main Street Group and National Bank of Canada reported holding 5,261 and 3,848 XRP-related shares, respectively.

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2026-08-17 15:06 2mo ago
2026-08-17 10:47 2mo ago
XRP Records First Weekly Close Below $1 Since November 2024 Rally: What Next?
XRP Ripple
CoinGecko News
Original source text
XRP has recorded its first weekly close below the important $1 level since the November 2024 rally helped it reclaim the mark. 

The token fell below $1 several times last week, but buyers initially stepped in to protect the level. The first drop came on Tuesday, Aug. 11, 2026, when XRP slumped to $0.9910. Buyers responded almost immediately, helping XRP recover and end the day with a 1.03% gain.

The same thing happened on Thursday, Aug. 13, when XRP dropped to $0.9975. Buyers again defended the $1 area, allowing XRP to recover and close the day above $1 with a 0.38% gain. 

However, the defense did not last. On Aug. 14, sellers pushed XRP down to a new yearly low of $0.9874. XRP eventually closed that day below $1, marking its first daily close under the level since the November 2024 rally.

Meanwhile, XRP recovered above $1 on Saturday, but sellers returned on Sunday. The token dropped to $0.9901 before closing the day and the week at $0.9925, representing the first weekly close below $1 since November 2024, when the rally had helped it move back above the psychological level.

XRP Continues to Test $1 XRP has moved back above $1 at the start of the new week, but the price remains in a weak position. 

The token currently trades at $1.0002, only slightly above the key level. Its recent price action also shows repeated tests of $1, similar to the way it tested earlier support levels before breaking below them and turning those levels into resistance.

XRP Retesting $1 Notably, from mid to late June, XRP repeatedly tested the $1.1304 support. The token eventually lost that level on June 23, after which $1.1304 became resistance. 

XRP later showed a similar pattern from late July to early August, when it repeatedly tested the $1.06 support. Sellers eventually broke that level on Aug. 6, and $1.06 has since turned into resistance.

XRP is now showing the same behavior around $1. The repeated tests may keep the level under pressure, especially after the token failed to hold it on a weekly closing basis.

Fibonacci Levels Show the Next Supports XRP has already fallen below the 0.888 Fibonacci retracement level at $1.0057. This leaves the Fibonacci 1 level as the next key support, around the Aug. 14 yearly low of $0.9874.

If XRP loses the $0.9874 area, the next support comes from the Fibonacci 1.272 level at $0.9443. Below that, traders may look toward the Fibonacci 1.414 level at $0.9226 as the next area where buyers could attempt to stop the decline.

These levels become important if XRP fails to regain $1 and hold above it. The recent breakdown also shows why reclaiming the psychological level could be important for preventing the current support from turning into another resistance zone.

Meanwhile, XRP’s daily RSI has fallen to 36.65, showing that bearish pressure remains strong. However, the indicator has not yet fallen below the 30 level, which means XRP has not reached the traditional oversold zone.

A short-term recovery remains possible, but the RSI also shows that XRP could fall further before reaching extreme oversold conditions.

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.
2026-08-17 15:06 2mo ago
2026-08-17 10:55 2mo ago
XRP Biggest Problem Isn’t Utility, but Value Capture, Altcoin Daily Founder Says
XRP Ripple
CoinGecko News
Original source text
XRP long-standing investment narrative has centered on its real-world utility, particularly in payments, liquidity, and cross-border finance.

However, questions remain about how much of the value created by the XRP Ledger actually benefits XRP holders.

On X, Erin Lane raised this issue, referring to comments from Altcoin Daily founder Aaron Arnold on the Milk Road podcast with John Gillen.

Lane’s point is that XRP’s problem may not be a lack of real-world use. Instead, the bigger issue is that there is no clear link between the growth and revenue of the XRP Ledger and demand for the XRP token itself.

Value-Capture Question Lane pointed to a model that has helped drive interest in Hyperliquid:

Usage → Revenue → Buybacks → Token Demand

Arnold said Hyperliquid uses much of its revenue to buy back HYPE, its native token. This creates a more direct link between the success of the network and the value of its token.

Arnold said this differs from XRP and Solana, adding that he would like to see more networks adopt a similar approach.

Indeed, the XRP Ledger is seeing growing activity, but the key question is whether that growth will also increase demand for and create value for XRP.

“My views on Ripple and XRP: I’m insanely bullish on the company, but the coin just hasn’t really done anything since 2017 or before,” Altcoin Daily founder said.

Arnold Compares XRP With Ripple Arnold also distinguished Ripple from XRP. He said he has long been very positive on Ripple as a company but has questioned whether XRP can capture the value created by the broader ecosystem.

Arnold made a similar point about Chainlink and Ethereum. He suggests that networks can focus on adoption first and add mechanisms that allow the token to benefit later.

“Get the adoption first and then turn on what makes you money,” Arnold said.

This could become more important as the XRP Ledger expands beyond payments into stablecoins, tokenized assets, DeFi, and institutional use.

XRP as a Global Liquidity Tool? Lane also raised the possibility that XRP could become more than just a crypto asset and play a role in the global financial system. This aligns with the idea of using XRP to move money between markets and financial institutions.

If the XRP Ledger gains widespread adoption, the bigger question is whether XRP itself will benefit from that growth.

Ultimately, these comments seek to emphasize that a growing network does not always mean a more valuable token. XRP could see more transactions, institutional use, and liquidity without creating strong demand for XRP itself.

Meanwhile, Lane also pointed to discussions surrounding XRP’s classification as a digital commodity in the U.S. However, regulatory recognition alone does not guarantee that XRP holders will benefit financially.

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.
2026-08-17 15:06 2mo ago
2026-08-17 11:15 2mo ago
Ripple eyes banking transition, $10 XRP target linked to ISO 20022 adoption
XRP Ripple
CoinGecko News
Original source text
Ripple’s technology could become increasingly influential in global payments if it enables financial institutions to process high-value cross-border transactions at much lower fees than traditional methods.

Analysts highlight XRP’s potential in institutional marketsFinancial analyst Steph Is Crypto recently outlined a bullish perspective on how Ripple, RLUSD stablecoin, XRP, and the ISO 20022 messaging standard may collaborate to reshape the digital asset landscape. According to Steph, Ripple’s shift toward banking services could mark a pivotal development in the company’s trajectory.

During a detailed broadcast, Steph described a scenario where Ripple’s access to stablecoin reserves within a government treasury could directly link Ripple and RLUSD to state-backed stablecoin transactions. He claimed this could improve liquidity across the Ripple ecosystem and drive wider adoption of the asset.

Expanding on this perspective, Steph suggested that increased liquidity could enhance XRP’s market performance and stimulate greater demand. He pointed to the possibility of XRP prices approaching $10 to $12 during a bullish cycle. However, he emphasized that the real transformation may arrive in XRP’s “utility phase,” as practical settlement use cases take center stage.

Market participants considered that as Ripple completes a transition into banking, regulatory approval could fundamentally change the way financial institutions utilize its technology and XRP.

XRP’s utility and settlement efficiencySteph placed strong emphasis on XRP’s capabilities as a settlement asset for large-value cross-border payments executed by banks and institutional clients. He argued that the asset could deliver faster and lower-cost transaction processing compared to legacy banking infrastructure, specifically for global money movement.

He linked this functionality to ISO 20022, describing it as a next-generation messaging standard that would allow Ripple’s solutions to operate alongside government platforms without requiring SWIFT for the full settlement process.

According to Steph’s analysis, the difference in transaction costs is a critical reason why major institutions may consider adopting Ripple’s infrastructure. For example, he suggested that a $1 million transfer routed through conventional banks and SWIFT might cost $1,000, while a similar transaction processed via Ripple’s network could incur fees below $10 before additional Ripple charges are added.

He clarified that these figures are illustrative, but argued that Ripple could still offer significant cost savings even after fees, compared to existing financial systems.

As Steph described, ISO 20022, XRP, and high-value settlement transactions are interconnected in his thesis; increased institutional reliance on Ripple’s rails could foster actual practical demand for $XRP.

The institutional shift toward Web3 tokenizationAs Ripple explores these banking models and settlement improvements, global markets are witnessing a broader move away from traditional brokers. Wall Street is now entering the Web3 space, as more investors use platforms like 1stepSwap to hold shares of major U.S. corporations, gold, and silver directly in digital wallets. Through tokenizing real-world assets and instant price discovery, these platforms bypass intermediaries and promise direct, efficient transactions.

Speed, reduced transaction costs, and lower risk of payment failures are recurring themes as crypto infrastructure advances. Steph argued that Ripple’s expanding offerings could appeal to more institutions by delivering significant cost margins and attracting adoption through more reliable cross-border payments.

Ultimately, Ripple’s potential evolution into a regulated banking entity could signal a significant turning point. Steph described this as a shift from speculative interest in XRP to a focus on tangible use in international financial systems.

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.
2026-08-17 15:06 2mo ago
2026-08-17 11:27 2mo ago
XRP Futures Activity on Binance Prints Bullish Signal With 29% Surge
XRP Ripple
CoinGecko News
Original source text
XRP is still struggling to recover from its recent price correction that caused its price to retest its multi-year low at $0.98, but its derivatives market on Binance is providing a different signal.

While the high price volatility has drawn attention towards XRP, the latest data from crypto analytics platform CryptoQuant shows that XRP's derivatives market on Binance has seen a sharp increase in activity this month.

What's behind XRP's 29% OI surge?The data further showed that XRP open interest on Binance had climbed from about $181 million on August 3 to $232.7 million on August 17.

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As such, the Binance XRP OI saw a sharp increase of 28.6% over the last two weeks, bringing the XRP futures market to its highest level since June 2026.

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While this has come during a period of heightened volatility and consistent price declines, it appears the sharp OI surge is being driven largely by intense bearish positioning by traders rather than renewed bullish demand.

Not a bullish signal? The analyst further provided extended data of XRP's seven-day open interest trend, showing that XRP's open interest change on Binance moved from about -$40 million on July 29 to +$38.9 million on August 17. This further proves that fresh positions were increasingly opened in August, whether bearish or bullish.

Per the data, the rapid surge in the XRP OI was accompanied by persistent selling pressure as Binance's Perpetual CVD fell to -$463.2 million. 

This suggests that aggressive sell-side activity has continued to outweigh buying in the XRP derivatives market, providing a mixed signal for XRP, as the initial OI surge could be interpreted as bullish while other indicators show that it is bearish traders in action.
2026-08-17 15:06 2mo ago
2026-08-17 11:30 2mo ago
XRP Rich List Grows as Million-XRP Wallets Rise Despite 70% XRP Price Drop
XRP Ripple
CoinGecko News
Original source text
XRP is facing heavy selling pressure, but the latest XRP Rich List data shows that the number of wallets holding at least 1 million XRP has continued to increase.

Over the past three months, the number of XRP wallets holding at least 1 million tokens rose by 32, from roughly 2,006 to 2,038, according to data cited from Santiment. The increase came as XRP’s market capitalization fell by about 29%.

The data creates a contrast between XRP’s price performance and the behavior of its largest wallets. However, the rise in wallet count does not prove that 32 individual investors bought millions of XRP. A single investor can control multiple wallets, while exchanges, institutions and custodians can operate multiple addresses.

XRP Rich List Shows Growth in Million-XRP WalletsThe XRP Rich List tracks addresses based on their XRP holdings and provides a view of how the distribution of large balances is changing. The latest data shows that addresses holding at least 1 million XRP increased from about 2,006 to 2,038 over three months.

At around $1 per XRP, 1 million XRP represents roughly $1 million in value. That puts these addresses among the largest XRP holders by balance. However, the XRP Rich List cannot determine whether the increase came from new investors, existing holders adding to their balances, internal transfers or changes in custody arrangements.

Exchange wallets and institutional custodians can also control multiple addresses, meaning the number of wallets should not be treated as a direct count of individual investors.

XRP Falls More Than 70% From 2025 HighXRP reached a record high of about $3.66 in July 2025. By August 2026, the token had fallen more than 70% from that level. On August 11, XRP briefly dropped below $1, reaching about $0.99 before recovering. At the time of the recording on August 16, XRP was still trading around the $1 level.

The decline has weakened market sentiment, but the growth in million-XRP wallets suggests that large addresses have not broadly disappeared from the market. That does not mean XRP has found a bottom or that these wallets are guaranteed to be profitable. The data only shows that more addresses have crossed the 1 million XRP threshold.

XRP Ledger Activity Remains StrongThe XRP Ledger reportedly processed more than 2.8 million transactions on August 5. That was about 86% higher than the previous week and more than 81% above its 30-day average. Active accounts were also reported to have increased by more than 5% over the previous month.

The figures show that network activity does not necessarily move in line with XRP’s price. The token can lose value while activity on the underlying network increases.For XRP holders, continued transaction activity provides a separate metric to watch alongside price and wallet distribution.

Why Are Million-XRP Wallets Increasing?There are several possible explanations for the increase shown by the XRP Rich List.

Some investors may believe XRP is undervalued following its large decline. Others could be consolidating holdings into fewer addresses or changing how their assets are stored.

Institutional and exchange structures can also create new wallets without representing new investment.

Custody providers may separate assets across multiple addresses, while exchanges can move funds between wallets for operational reasons.

As a result, the increase from roughly 2,006 to 2,038 addresses should be viewed as a change in wallet distribution rather than definitive evidence of 32 new XRP millionaires or whales entering the market.

Ripple Expands Institutional InfrastructureThe broader XRP Ledger ecosystem is also developing. In early August 2026, Ripple announced strategic investments in Zillow and Liquidnet aimed at bringing regulated fund infrastructure, tokenized assets, issuance and collateral functionality onto the XRP Ledger.

The broader strategy focuses on bringing traditional financial assets and processes onto blockchain infrastructure. Tokenization allows assets such as funds, securities and collateral to be represented digitally, potentially making them easier to issue, transfer, settle and use across blockchain-based systems.

Ripple is positioning the XRP Ledger as infrastructure for these financial applications.

RLUSD Adds to the XRP Ledger EcosystemRipple is also expanding infrastructure around RLUSD, its dollar-backed stablecoin.

The company has been developing Ripple Mint, which provides institutions with tools to mint, redeem and manage RLUSD through operational interfaces and APIs. The significance for XRP is not necessarily that institutions will replace dollars with XRP.

Instead, stablecoins, tokenized assets, payments, settlement and liquidity could operate across the same broader infrastructure. XRP could potentially serve roles involving settlement, liquidity and network activity. Actual adoption will depend on how institutions and developers use these products rather than the existence of the infrastructure alone.

XRP Rich List Growth Is Not a Guaranteed Bullish SignalThe increase in large XRP wallets should not be treated as proof that a major rally is coming.

Large investors can be wrong. Institutions can enter too early, misjudge market conditions or restructure their holdings without increasing their overall exposure.

Wallet growth can also result from custody changes or internal transfers rather than fresh buying.

The XRP price remains exposed to broader market conditions, including Bitcoin liquidity, interest rates, investor risk appetite and leverage.

Even if large holders are accumulating XRP, the token could continue falling for an extended period.

Story Ends Here

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2026-08-17 15:06 2mo ago
2026-08-17 12:03 2mo ago
Xaman Wallet warns $XRP holders of new phishing scam via escrow transactions
XRP Ripple
CoinGecko News
Original source text
An unusual wave of unsolicited escrow transactions targeting users of the Xaman Wallet on the XRP Ledger has prompted urgent warnings from both the wallet provider and key community figures. The fraudulent activity came to light after Web3 consultant Stone received a report from another user and found two unexplained escrow-related transactions in his own wallet: one for creation and one for cancellation.

Details of the phishing techniqueStone sought clarification using the Xaman Wallet support xAPP, receiving an in-depth explanation from the support team. According to Xaman, scammers have begun sending unsolicited escrow transactions to a variety of wallet addresses. These transactions are crafted to appear as if they hold substantial amounts of tokens, in some cases presenting assets labeled as USDT0 or other fabricated tokens not supported by the real XRP Ledger.

The fraudsters intend to draw user attention to links embedded within the transaction details or memos. These links often direct unsuspecting users to external websites, which falsely claim they can assist in claiming or releasing the escrowed assets. Engaging with these sites can result in users authorizing harmful transactions that provide scammers with access to their funds.

The wallet provider urges users not to connect their wallets or approve any transaction requests generated by unknown third-party sites. These unauthorized operations are specifically designed to secure account-level permissions, which could subsequently compromise user assets.

Xaman stressed that simply receiving an unsolicited escrow transaction is not sufficient for scammers to steal funds. For fraud to succeed, users must actively authorize a malicious transaction, granting the attacker the ability to control balances or redirect assets. Unless a user takes such action, their wallet remains secure despite receiving suspicious escrow activity.

Public nature of the XRP Ledger and user limitationsThe XRP Ledger’s decentralized and open structure means that any active wallet can send a transaction to another address without prior approval. As a result, users are unable to stop other parties from sending them transactions or to delete those entries from the ledger.

Xaman likened the process to receiving unwanted physical mail, where recipients cannot determine who sends messages to their address. Additionally, the technical team clarified that any fees associated with these unsolicited transactions are covered by the sender, not the recipient.

The support team’s response notes that users are not financially impacted by network fees in these cases, as those costs are paid entirely by the originator of the scam transaction.

Official guidance and next steps for usersTo further mitigate risk, Xaman has flagged the scammer accounts in its blacklist database and is actively monitoring the situation. The company advises wallet holders to disregard unsolicited escrow transactions, refrain from clicking on suspicious links embedded in transaction metadata, and avoid signing or approving transactions without deliberate intent.

Stone publicly thanked Xaman for its detailed explanation and rapid action, sharing the company’s recommendations across the broader XRP Ledger community. This experience underscores the importance for wallet users to utilize official support channels when encountering unexpected on-chain activity and to avoid direct interaction with transactions that seem unfamiliar.

As the digital asset sector continues to evolve, parallel trends are emerging within traditional financial markets. While monitoring for phishing attempts and new token-based threats remains central for XRP holders, investors are also witnessing a significant transition as Wall Street moves its operations to Web3 infrastructure. Platforms such as 1stepSwap now allow digital asset holders to keep tokenized shares of major U.S. companies, as well as assets like gold and silver, directly in their crypto wallets. By automatically sourcing the best available market prices and removing traditional intermediaries, these solutions are redesigning the landscape for both conventional and crypto-native investors.

Xaman reiterates the need for ongoing vigilance, emphasizing that security depends on users not authorizing or initiating transactions for unrecognized assets or sources. For any unexpected or unclear wallet activity, consulting official support is strongly encouraged before taking action.

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.
2026-08-17 15:06 2mo ago
2026-08-17 12:19 2mo ago
Elon Musk Grok AI Predicts 3 Digits XRP Price This 2026
XRP Ripple
CoinGecko News
Original source text
Elon Musk Grok AI Predicts XRP could reach three-digit prices by the end of 2026. However, XRP price action has made that prediction much harder to justify.

XRP trades near $1.00 today, after falling below the psychological level earlier this month. The token reached a 2025 peak near $3.65 before losing most of those gains.

That leaves XRP needing a massive recovery before even approaching previous highs. Reaching $100 would require a roughly 100x move from current levels.

Grok AI’s XRP Price Prediction Faces a Reality Check Grok previously placed XRP’s base case between $2.45 and $2.80 for 2026. Its optimistic scenario reached between $3 and $5 under stronger market conditions.

However, Grok also produced a much more aggressive scenario after being given a potential JPMorgan XRPL development. That scenario placed XRP between $12 and $25.

When asked about a theoretical ceiling under near-perfect conditions, Grok put the figure at $100. That was described as an extreme outcome requiring adoption, regulation, and market sentiment to align.

Grok The current market makes that target considerably more difficult. XRP has slipped below $1 this month, while ETF demand has cooled significantly.

Weekly inflows into seven US spot XRP ETFs fell 93%, from $14.86 million to $1.01 million. Net assets across those products also declined to roughly $964 million.

That does not mean institutional interest has disappeared. Morgan Stanley recently disclosed holdings across Franklin, Bitwise, and REX Osprey XRP ETFs.

Therefore, the institutional story remains alive even as the immediate price momentum looks considerably weaker.

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XRP Still Can Reach Three Digits in 2026, Grok AI predicts For XRP to reach $100 this year, the token would need an extraordinary combination of catalysts. Regulatory clarity, institutional adoption, and renewed ETF demand would all need to accelerate.

The XRP Ledger would also need significantly greater real-world usage. Ripple continues expanding its institutional infrastructure, while tokenization and payment applications remain important parts of the long-term thesis.

🚨This is how Ripple and Bitso are using $XRP to power the $80,000,000,000+ cross-border transactions between the U.S. and Mexico.

Listen closely 👇 pic.twitter.com/hUOIz3ijsE

— STEPH IS CRYPTO (@Steph_iscrypto) August 17, 2026

Yet the market currently shows the opposite setup. XRP is hovering around $1, ETF inflows have weakened, and regulatory uncertainty remains a major obstacle.

That makes a three-digit XRP price an extreme theoretical outcome rather than a conventional 2026 prediction. Even $10 would represent a dramatic move from today’s level.

At $100, XRP would require a market valuation in the multi-trillion dollar range based on its circulating supply. That would place it among the largest financial assets globally.

For now, the more immediate XRP price question is whether bulls can reclaim $1.10 and establish support above $1.00. A sustained move through that zone could improve momentum and reopen higher resistance levels.

Until then, Grok’s three-digit XRP prediction remains a moonshot. The AI forecast makes for a compelling headline, but XRP still has a long road before $100 becomes anything more than a theoretical target.

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2026-08-17 15:06 2mo ago
2026-08-17 12:29 2mo ago
Ripple-linked wallet moves 50 million XRP as price tests $1 support
XRP Ripple
CoinGecko News
Original source text
A wallet associated with Ripple transferred 50 million XRP—equivalent to about $50 million at the time—into an internal subwallet earlier this week. A notable portion of this amount was later traced to a Binance-linked address, drawing attention from the market amid heightened price sensitivity for XRP.

XRP price tests psychological thresholdXRP traded just below $1.00, a psychologically significant level that many traders have closely watched as a key point for market direction. The token recently experienced its weakest daily closes since the end of 2024, increasing speculation and caution among market participants.

Blockchain records reveal that the “Ripple (50)” wallet first completed the internal transfer before distributing the funds in multiple tranches, most commonly 1 million XRP each, to an address identified on public block explorers as belonging to Binance.

In addition to the initial move, an extra 23 million XRP followed a similar route to the same Binance-linked destination during the week. These funds were then further moved within the exchange’s broader wallet infrastructure.

Market impact and trader sentimentWhile on-chain data cannot confirm the motivation for these transactions, analysts suggest possible scenarios such as regular liquidity management, market-making activities, or treasury balancing. However, such exchange-bound flows typically heighten market nerves, especially when a widely watched support level comes under pressure.

At the time of the transfers, the derivatives market showed a heavy tilt toward bullish positioning. Aggregate open interest in XRP futures stood at $2.75 billion, and positive funding rates indicated that traders were paying to maintain long positions. CoinGlass reported that XRP futures trading volume surged by 99.54%, reaching $1.36 billion during this period.

Market observers noted, “A crowded long book can quickly transform into forced selling if the spot price breaks down and liquidations accelerate.”

Technically, the $1.00–$1.015 range represents a critical support zone. Analysts point out that a clear move above $1.02 might signal early price stabilization, while a drop below $1 could prompt further declines as traders unwind risk and highly leveraged positions get liquidated.

Consolidation tools gain popularityIn an environment where a single Federal Reserve announcement or a sudden new altcoin listing can instantly alter market dynamics, frequent switching between platforms for charts, news, and portfolio management can cost traders valuable opportunities. Increasingly, investors are turning to privacy-first platforms like CryptoAppsy, which consolidates real-time charts, smart price alerts, coin-specific news, and macroeconomic data on one screen, all without requiring account registration.

Beyond the actions of individual whale wallets, the confluence of high leverage, exchange-linked flow, and critical price levels underscores why the next major XRP movement may be swift and significant.

The significant overlap of speculative leverage, exchange flows, and pivotal support levels has set the stage for potentially rapid market moves.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
2026-08-17 15:06 2mo ago
2026-08-17 12:30 2mo ago
XRP holds $1.00 key support as modest ETF inflows temper bearish trend
XRP Ripple
CoinGecko News
Original source text
Ripple (XRP) continues to trend bearish, trading at $1.00 as of Monday. The remittance token has hovered near this key support level since last week, indicating muted market catalysts for a rebound and signs of seller fatigue.

XRP sees modest ETF, steady retail demandXRP spot Exchange-Traded Funds (ETFs) extended their bullish momentum, posting modest inflows of $2.25 million through Friday last week. This marks the fifth straight week of positive flows, reinforcing prevailing risk-on sentiment. Meanwhile, total cumulative inflows average $1.51 billion, with net assets reaching $933 million, underscoring institutional investors' constructive long-term outlook on the token.

XRP ETF flows | Source: SoSoValueRetail participation remains steady in the derivatives market, with perpetual futures Open Interest (OI) averaging 2.77 billion XRP on Monday, a slight increase from 2.72 billion XRP the previous day.

While retail OI has gradually climbed from 2.12 billion XRP on August 12, this uptick has yet to counterbalance the broader sell-off in XRP. Nevertheless, persistent demand in the derivatives space signals that retail investors continue to back XRP’s constructive long-term outlook.

XRP Futures OI | Source: CoinGlassTechnical analysis: XRP extends range tradingXRP trades at $1.00, keeping a bearish near-term bias as price holds beneath all key Exponential Moving Averages (EMAs) and the active SuperTrend line. The pair is capped by the 50-day EMA at $1.08 and the SuperTrend resistance at $1.07, while the 100-day and 200-day EMAs, at $1.16 and $1.35 respectively, remain well above the market and reinforce a broader downside structure. The Relative Strength Index (RSI) sits around 37 on the daily chart, below the neutral 50 mark and suggesting sellers still have control.

XRP/USDT daily chartOn the topside, initial resistance aligns at the SuperTrend level near $1.07, followed by the 50-day EMA just above $1.07. Together, these indicators form a nearby supply band that bulls would need to reclaim to ease immediate pressure.

Higher up, the 100-day EMA around $1.16 and the 200-day EMA near $1.35 mark progressively stronger resistance layers within the prevailing downtrend, while the long-running descending trendline from $1.55 continues to define the broader bearish backdrop. Any rebound toward these overhead levels is likely to be a corrective bounce unless price can sustain a break above the nearest resistance cluster.

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

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

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

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

XRP uses the interledger standard. This is a blockchain protocol that aids payments across different networks. For instance, XRP’s blockchain can connect the ledgers of two or more banks. This effectively removes intermediaries and the need for centralization in the system. XRP acts as the native token of the XRPLedger blockchain engineered by Jed McCaleb, Arthur Britto and David Schwartz.
2026-08-17 15:06 2mo ago
2026-08-17 12:50 2mo ago
XRP Tests $1 For 8 Days in a Row: Which Way Does It Break?
XRP Ripple
CoinGecko News
Original source text
XRP (CRYPTO: XRP) has probed the $1 level for eight consecutive sessions without a clean break, with sentiment hitting a three-month bearish extreme while on-chain activity surges.

What the Sentiment Data Is ShowingSantiment flagged on X that crowd commentary on XRP across X, Reddit, and Telegram has reached its most bearish reading in three months as prices stall near $1. 

At the same time, XRP Ledger active addresses hit 49,929 in a single 24-hour span, the highest level in over two months, after activity had dropped near 2026 lows in early July.

Santiment described the divergence as the counter-signal bulls want to see. Fear is loud but participation is rising, which historically precedes either a sharp recovery or one final flush before a turn.

What Is the ETF Flow Data Showing?Weekly net inflows into XRP spot ETFs have fallen roughly 85% over three weeks, dropping from $14.86 million on July 31 to just $2.25 million through August 14 according to SoSoValue. 

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Total net assets declined from $997.25 million to $933.01 million over the same period, meaning price depreciation is outpacing whatever new capital is trickling in. 

Trading volume has held relatively steady in the $50 million to $67 million range, pointing to consistent activity despite the weaker inflows.

What the Chart Is SayingXRP holds at $0.9993 Monday, testing $1 inside a descending channel from May that remains fully intact. 

RSI at 36.53 approaches oversold territory, a level that historically precedes either a sharp relief rally or a final capitulation flush. 

All four EMAs stack overhead as resistance with nothing meaningful below the $1 demand zone.

Eight consecutive days of attacking $1 without a clean breakdown suggests buyers are fighting hard to defend the level. 

The longer the battle drags on, the more the floor weakens. A 20% move is building on whichever side wins.

Image: Shutterstock

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2026-08-17 15:06 2mo ago
2026-08-17 12:53 2mo ago
XRP open interest on Binance jumps 29% in August amid rising bearish bets
XRP Ripple
CoinGecko News
Original source text
XRP’s price has been under pressure after a recent correction brought it down to a multi-year low of $0.98. Despite this, the derivatives market for XRP on Binance has displayed a notable increase in trading activity.

Latest analytics from CryptoQuant, a leading blockchain data provider, indicated that open interest (OI) in XRP futures on Binance rose sharply in August. Figures show that OI reached $232.7 million on August 17, up from $181 million on August 3. This 28.6% increase pushed XRP’s futures OI to its highest point since June 2026.

Rising open interest generally indicates an influx of new capital and positions in the market. However, the report highlighted that this heightened activity emerged during a period marked by increased volatility and continued price declines for XRP.

An analyst from CryptoQuant observed that the majority of the surge stemmed from intensified bearish positions by traders, rather than fresh bullish momentum. This interpretation is based on several on-chain indicators tracked during the same period.

Market data points to continued sellingThe analytics further tracked XRP’s seven-day open interest trend. Open interest shifted from a decrease of $40 million on July 29 to a gain of $38.9 million by August 17. This swing, according to the report, demonstrates that many traders opened new positions in August, with both bullish and bearish strategies in play.

While open interest rose, Binance’s Perpetual Cumulative Volume Delta (CVD)—which summarizes net buying and selling activity—showed persistent selling pressure, falling to -$463.2 million. This metric provided clearer insight into market sentiment, revealing that aggressive sell-side orders have outweighed buying even as OI climbed.

The combination of a jump in open interest and falling CVD presents mixed signals for XRP. The rising OI might typically suggest renewed interest, yet the dominance of bearish bets paints a less optimistic picture for the short term.

CryptoQuant is a South Korea-based blockchain analytics provider offering real-time data on flow, activity, and sentiment across major cryptocurrencies and exchanges.

Mini dictionary: Open Interest (OI), the total value of outstanding futures or options contracts that have not been settled. Higher OI reflects increased participation and can indicate market sentiment.

XRP open interest on Binance soared from $181 million to $232.7 million between August 3 and August 17, as bearish positions dominated trade and sell-side pressure continued to build.

DateXRP Open Interest (Binance)Cumulative Volume Delta (Binance Perpetual)July 29~$181 million–August 3$181 million–August 17$232.7 million-$463.2 millionDespite hopes for a price recovery, most new trades in $XRP derivatives on Binance have focused on selling, signaling ongoing caution among 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.
2026-08-17 15:06 2mo ago
2026-08-17 12:54 2mo ago
Why is XRP Failing to Hold $1? Binance Data Holds the Answer
XRP Ripple
CoinGecko News
Original source text
Why is XRP Failing to Hold $1? Binance Data Holds the Answer
2026-08-17 15:06 2mo ago
2026-08-17 13:38 2mo ago
Crypto analyst JD projects major $XRP top in 2028, highlights falling wedge pattern
XRP Ripple
CoinGecko News
Original source text
Crypto analyst JD has identified a significant technical formation for XRP, pointing to the possibility of a major breakout in the coming years. He outlined this perspective in a recent post on X, emphasizing that the current price action could soon reach a crucial inflection point.

Technical analysis signals potential breakoutJD, a market analyst known for examining historical price cycles, published a weekly XRP/USD chart illustrating a long-term falling wedge pattern. This chart shows XRP’s price moving between two declining trendlines, with repeated rejections at the upper boundary—including around the $3.37 mark.

He noted that the $3.37 level was a previous sell point in his own trading history and that his current position is focused on a target set between 2027 and 2028. The chart highlights XRP near the lower boundary of the wedge, with the 0.786 Fibonacci retracement level at approximately $1.0133, suggesting that XRP may be approaching the level where a breakout to the upside could occur.

JD’s technical setup is based on the characteristics of a falling wedge, a pattern that often precedes price reversals. However, he has not specified a particular date for an anticipated breakout.

Mini dictionary: Falling wedge, a technical chart pattern defined by converging downward-sloping trendlines. Often interpreted by analysts as a potential bullish signal if a breakout occurs above the upper boundary, the pattern suggests a loss of downward momentum and potential reversal to the upside.

As XRP approaches the final stages of its falling wedge structure, JD’s analysis points to a possible shift in momentum if the technical formation breaks to the upside.

Technical metricXRP levelUpper wedge boundaryApprox. $3.37Lower wedge boundaryNear recent price lows0.786 Fibonacci retracementAbout $1.0133Analyst’s major top target2028 (projection)JD forecasts next major top around 2028Based on recurrent historical cycles, JD projects that the next substantial peak for XRP could occur around 2028. He explained that this outlook is not a fixed prediction but stems from analysis of previous market cycles and their repetition over time.

He indicated that once XRP approaches its major cycle top, leadership within the overall crypto market could shift back to Bitcoin. JD’s review places Bitcoin in a position of renewed dominance after the projected XRP peak, reflecting trends seen after earlier cycle tops.

If XRP repeats its past market cycles, a major top could arrive in 2028, after which investor focus may return to Bitcoin as overall market leadership shifts.

The timing of JD’s anticipated breakout prompted discussion among other traders. Commentators questioned what “close” might mean in practical terms, with FlexChainWerks remarking that it could be weeks, months, or even years before confirmation occurs, citing the lack of a defined timeframe.

Trust Dex, another X user, noted the similarity between JD’s proposed 2028 top and the four-year period separating previous altcoin cycle peaks, such as those between 2017 and 2021. Trust Dex also pointed out that current liquidity depth in the XRP market has not yet matched prior cycle conditions.

Despite differing views on timing, there remains general interest in JD’s technical approach, which relies primarily on traditional chart analysis while largely avoiding speculation based on fundamentals or new product utility.

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.
2026-08-17 15:06 2mo ago
2026-08-17 13:53 2mo ago
XRP Price Eyes Recovery as SEC Plans 24/7 On-Chain Stock Trading
XRP Ripple
CoinGecko News
Original source text
XRP price traded below $1 after a mild bearish move weakened short-term momentum across the market. The overall cryptocurrency market, however, recorded growth of 0.84 percent in the last 24 hours, which has taken the total value to 2.18 trillion. 

Bitcoin price regained lost momentum at $63,000 after the US & Iran reportedly agreed to extend a 60-day ceasefire. If it remains the same, it could affect XRP’s next bull run.

SEC Plans 24/7 On-Chain Stock Trading The U.S. Securities and Exchange Commission (SEC) is reportedly considering plans to bring American stocks to blockchain networks for continuous trading. Such a facility would integrate traditional financial and digital asset technology and allow investors to participate in equity trading outside of the standard trading window.

SEC Chair Paul Atkins is expected to meet President Trump, CFTC Chair Michael Selig, and major financial companies this week. Ripple, Coinbase, Gemini, Nasdaq, NYSE, CME Group, Polymarket, Kalshi and DTCC are likely to take part.

DTCC’s existence has come to attention because it clears the majority of U.S. stock trades. Its participation could signal talks will include settlement systems and the infrastructure for tokenized securities.

HUGE: 🇺🇸 The SEC is preparing to bring U.S. stocks on-chain for 24/7 trading.

This week, SEC Chair Paul Atkins is expected to meet with President Trump, CFTC Chair Michael Selig, the NYSE, CME Group, DTCC, and leading crypto companies. pic.twitter.com/NTNUwvzm8D

— Crypto Rover (@cryptorover) August 17, 2026

The outlook for XRP in the short term now hinges on Bitcoin staying above $63,000 and positive policy changes that foster market confidence. Traders also await the Senate’s September 15 CLARITY Act cloture vote.

XRP ETF Assets Near $1 Billion as Trading Volume Hits $10.76 Million There were no new inflows to any U.S. spot XRP ETFs on August 14, with trading activity in listed funds being relatively quiet.

Since the opening, combined inflows were $1.51 billion while net assets totaled $933.01 million. These assets accounted for 1.49% of the market capitalization of XRP.

The daily trading value amounted to $10.76 million, with Bitwise’s XRP fund the top trade at $6.95 million. Franklin Templeton’s XRPZ followed with $2.23 million.

Source: Sosovalue data Bitwise had the greatest asset base of $298.52 million, followed by Franklin Templeton at $239.61 million. Canary Capital was the third with $231.82 million.

However, all five listed funds posted daily market price declines exceeding 1%. Canary Capital’s XRPC led the losses after falling 1.17%.

Bitwise’s fund declined 1.15%, while Grayscale’s GXRP dropped 1.05%. Weakness was attributed to the ongoing pressure on investment products that are pegged to XRP.

XRP Price Faces Make-or-Break Test at $1 — Will Support Hold? The XRP price traded near $1.0005 after falling 0.23% on the four-hour timeframe.The token remains under pressure following a prolonged decline from July’s highs.

XRP price is testing the crucial $1 support, where recent candles show reduced volatility. The overall trend however is still bearish, as long as the price does not rise above $1.05. The RSI is at 45.46, which is below the 50 neutral line.

The Chaikin Money Flow reading is still positive (0.14) which suggests that capital is still flowing in. This signal could support a recovery if XRP successfully protects the $1 level.

The possible rebound could first test $1.02 before aiming for the stiffer resistance at $1.05. A breakout of $1.05 could create a path towards $1.08.

Source: TradingView But if it breaks below $1 then that would damage the current set up. The price of XRP could then be pushed down to $0.98 with deeper declines potentially unleashing a $0.95 target.
2026-08-17 15:06 2mo ago
2026-08-17 14:30 2mo ago
XRP price loses $1 support as sellers target $0.98
XRP Ripple
CoinGecko News
Original source text
XRP price slipped 2.8% over the past seven days and briefly fell below the psychological $1 level as weak daily momentum, persistent capital outflows, and a broader downtrend kept buyers on the defensive.

Summary

XRP price declined 2.8% over seven days and traded near $1.00 on Aug. 17. Daily Bollinger Bands place immediate resistance at $1.037 and support near $0.975. Negative daily Chaikin Money Flow shows that sellers still control the broader trend. Liquidation clusters near $1.01 and $0.98 could shape XRP’s next short-term move. XRP price action today According to data from crypto.news, XRP (XRP) price was trading around $1.00 on Aug. 17 after briefly falling below the level during the latest sell-off. The token has now lost about 73% from its cycle high above $3, according to market analyst Crypto Patel, while the daily chart continues to produce lower highs and lower lows.

$XRP: The Bearish Call They Ignored… Until It Dumped 73%

Back in July 2025, when most of the market expected higher prices, I warned that #XRP was losing bullish structure and advised taking profits above $3.

Today:
✅ ~73% down from the cycle top
✅ ~53% below the confirmed… https://t.co/AGHdYcGmRI pic.twitter.com/5aQcBCl6ff

— Crypto Patel (@CryptoPatel) August 17, 2026 The decline accelerated during the first half of August as XRP fell from approximately $1.14 to a low near $0.98. A short recovery subsequently returned the price to $1.00, but buyers have yet to secure a sustained daily close above nearby resistance.

XRP’s struggle around $1 follows a wider retreat that began after the token traded above $2 in January. It fell sharply to approximately $1.40 in February, consolidated through May, and then resumed its decline in June.

The latest breakdown has placed the token at one of its most important psychological levels. A daily close below $1 would confirm that sellers can keep the price beneath a zone that previously attracted buyers, while a quick recovery could turn the move into a false breakdown.

Lower market participation has added to the pressure. With fewer buyers absorbing sell orders, relatively modest selling can produce wider price swings around the $1 threshold.

Daily indicators keep XRP under pressure XRP remains below the middle line of its daily Bollinger Bands, which stands near $1.037. The middle band acts as a short-term trend gauge, meaning the token must reclaim it before the chart can show an early improvement in momentum.

XRP price daily chart — Aug. 17 | Source: crypto.news The upper Bollinger Band sits near $1.099, creating a wider resistance zone between $1.04 and $1.10. XRP has not traded above the upper end of that area since early August, when an attempt to hold around $1.14 failed.

The lower band is positioned at approximately $0.975. Price is currently pressing against this side of the range, showing that the market remains stretched toward the downside. Lower-band contact can precede a temporary bounce, but it does not confirm that the wider decline has ended.

Chaikin Money Flow on the daily chart stands at -0.17. A reading below zero indicates that selling volume has outweighed buying volume during the indicator’s 20-session measurement period.

Persistent negative money flow weakens the case for a durable recovery because rallies are receiving limited support from fresh capital. XRP would need the indicator to move back toward zero, alongside a recovery above $1.037, to provide stronger evidence that accumulation has returned.

4-hour XRP chart shows an early bounce attempt The 4-hour chart offers a slightly more constructive signal. XRP was trading around $1.001 while its Chaikin Money Flow reading had risen to 0.09, suggesting that some buyers entered near the latest lows.

XRP price 4-hour chart — Aug. 17 | Source: crypto.news XRP price has also moved marginally above the Ichimoku conversion line near $0.998 and the baseline around $1.000. Those levels show that very short-term momentum has stabilized after the recent decline.

However, XRP remains below the main Ichimoku cloud, with its upper boundary near $1.017. The cloud has also continued to slope downward, maintaining the bearish structure visible since late July.

A 4-hour close above $1.017 would provide the first meaningful sign that buyers are regaining control. The next resistance levels would then sit near $1.037 and $1.05, followed by the daily upper Bollinger Band around $1.10.

Failure to clear the cloud could leave XRP trapped between $0.99 and $1.02. Another rejection near $1.01–$1.02 would increase the risk of renewed pressure on the August low.

Liquidation heatmap places $0.98 at risk CoinGlass’ three-day liquidation heatmap shows a dense concentration of leveraged positions immediately above XRP’s current price. The strongest nearby upside pool is located around $1.011, with additional liquidity near $1.02.

XRP liquidation heatmap | Source: CoinGlass Price often moves toward areas containing large volumes of leveraged positions because liquidations can increase volatility once those levels are reached. A move through $1.011 could therefore trigger short liquidations and help XRP test $1.02.

The downside also contains several liquidity pockets. The clearest cluster sits near $0.98, close to the daily lower Bollinger Band at $0.975. Further concentrations appear around $0.96, although they are less immediate.

A decisive loss of $0.99 could expose the $0.98–$0.975 region and force leveraged long positions to close. If buyers fail to defend that range, XRP could extend its decline toward $0.96.

The heatmap leaves the token between competing liquidity pools, making $1.011 the immediate upside level and $0.98 the main downside target.

Analysts disagree over whether XRP has reached a bottom Crypto Patel said XRP could fall another 20% to 40% before forming a major reversal. The analyst identified $0.85–$0.65 as a long-term accumulation range but said capital should be deployed gradually rather than used to catch an exact bottom.

Such a decline would require XRP to break the current $0.975 support and extend below the lower liquidity areas shown on the three-day heatmap. The analyst’s longer-term targets of $3, $5, $7, and $10 depend on a future reversal confirmation and are not supported by the current daily trend.

Analyst Gerla offered a more constructive interpretation, arguing that XRP is testing a long-term trendline while forming a bullish divergence on the relative strength index. A bullish divergence occurs when the price records a lower low while momentum produces a higher low, sometimes preceding a recovery.

The competing forecasts make confirmation around $1 more important than either projection. For US investors, the immediate setup remains tied to liquidity and broader risk appetite: reclaiming $1.037 would weaken the bearish case, while a daily close below $0.975 would expose $0.96 and potentially the analyst’s $0.85 accumulation level.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
2026-08-17 15:05 2mo ago
2026-08-17 11:00 2mo ago
Crypto Today: Bitcoin, Ethereum, XRP edge higher despite returning ETF outflows
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Original source text
Crypto Today: Bitcoin, Ethereum, XRP edge higher despite returning ETF outflows
2026-08-17 13:55 2mo ago
2026-08-17 05:53 2mo ago
Solana ETF Inflows Surge 70x to Best Week Since May, But There’s a Catch
BTC Bitcoin ETH Ethereum HYPE Hyperliquid SOL Solana XRP Ripple
CoinGecko News
Original source text
Solana ETF Inflows Surge 70x to Best Week Since May, But There’s a Catch
2026-08-17 11:04 2mo ago
2026-08-13 17:44 2mo ago
Flare Brings FXRP Collateral Support to Derive for XRP Options
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CoinGecko News
Original source text
Flare Brings FXRP Collateral Support to Derive for XRP Options
2026-08-17 05:39 2mo ago
2026-08-16 21:14 2mo ago
Ripple protocol enables banks to use XRP for billions without retail adoption
XRP Ripple
CoinGecko News
Original source text
Most discussions about the expansion of cryptocurrency use often highlight individual users, wallet applications, exchange sign-ups, and direct token ownership. However, recent research shared by crypto analyst SMQKE points to a different model for how XRP, the digital asset created by Ripple Labs, could achieve global reach.

The infrastructure approachThe Ripple protocol, introduced in 2012 by Ripple Labs, was designed as a universal protocol for the transfer of value across the internet. The system enables exchanges not only of digital assets, but also of fiat currencies, gold, securities, and even contracts—regardless of geographic borders.

Comparisons have been made between Ripple’s protocol and SMTP, the standard that allows email platforms to communicate with each other. Ripple has positioned its network as underlying technology for traditional financial institutions, aiming to function as a bridge rather than a replacement.

Unlike other digital assets that rely on direct consumer engagement, XRP’s path to widespread adoption is routed through its integration with banking infrastructure. SMQKE highlighted that mass use of XRP does not require billions of people to interact with its ledger directly.

Financial institutions as gatewaysThe research emphasizes that banks and financial firms serve as main users, or gateways, for the Ripple protocol. These institutions enable movement of funds in and out of the Ripple network, managing technical processes on behalf of their customers.

SMQKE indicated that users of these financial institutions do not need to know anything about Ripple or its underlying technology. The system is designed so that the protocol operates invisibly behind the scenes. The entire process can reach billions of users, even if they never create an XRP Ledger (XRPL) wallet, download a cryptocurrency app, or interact directly with blockchain technology.

Mini dictionary: XRP Ledger (XRPL) is a decentralized, public blockchain network that underpins the XRP cryptocurrency and supports fast, low-cost payments.

Transaction speed and settlementRipple’s protocol is reputed for its rapid transfer capability, able to move any virtual liability globally in under six seconds. These liabilities might take the form of major currencies, commodities, or even services.

On the network, most assets are digital representations of items held at participating financial institutions, while XRP functions as the protocol’s native asset. Its primary role is the settlement of transactions between institutions, instead of operating as a consumer-facing product. This design allows traditional banks to move value efficiently using XRP’s infrastructure.

Adoption by financial institutions translates into consistent demand for XRP, enabling billions of end users to benefit from the technology without needing to interact with digital assets or blockchains themselves.

Implications for XRP demand and utilityEach cross-border payment on the Ripple protocol uses XRP as a bridge asset. The institutional adoption model points to steady, high-volume utility for XRP, independent of direct retail involvement or speculation.

The integration of Ripple’s technology at the banking level is expected to increase network volume, and subsequently, drive XRP demand via increased settlement throughput rather than through a surge in individual usage. This approach could allow the cryptocurrency to reach billions of people worldwide while remaining in the background.

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.
2026-08-17 05:39 2mo ago
2026-08-17 03:31 2mo ago
XRP holds key trendline as SBI Shinsei Bank launches retail rewards program
XRP Ripple
CoinGecko News
Original source text
XRP is currently testing a significant long-term trendline, which may serve as an important support level for a potential bullish recovery. Traders are closely watching whether buyers can maintain momentum above this area, which could drive renewed price action.

XRP price action and technical outlookAt the time of writing, XRP trades at $605.16, with a 24-hour volume of $600.35 million and a market capitalization of $80.58 billion. The token’s recent price activity suggests stability, and technical analysts are eyeing a possible upward reversal should key support levels remain intact.

Crypto analyst STEPH IS CRYPTO stated that XRP is currently retesting a long-term trendline that has been in place since 2020. The analyst noted this zone has historically supported market cycles and remains pivotal for further movement.

XRP is facing a crucial support test on its long-term trendline. If buyers keep the price above this level and break through nearby resistance, momentum could return and open the door to higher targets in the range of $6 to $10 over time.

While technical momentum appears promising, analysts caution that significant buying power will be needed to achieve these bullish price targets. Sustaining the trendline support remains key to the short-term outlook, and any breakdown could shift the outlook more negatively.

SBI Shinsei Bank’s XRP rewards campaignSBI Shinsei Bank, a major financial institution in Japan, has launched an XRP rewards program designed to attract qualified retail customers to its yen time deposit accounts. Customers depositing at least ¥300,000 for a minimum of six months will receive XRP as a reward, with higher deposits earning larger amounts of the cryptocurrency.

This initiative marks a growing convergence between traditional banking and digital assets, particularly as SBI maintains a longstanding partnership with Ripple and active involvement in the XRP network.

Mini dictionary: SBI Shinsei Bank is a prominent Japanese bank known for adopting innovative digital finance initiatives and expanding into cryptocurrency-related services via its collaboration with Ripple.

Online claims suggesting that billions in deposits have already been converted directly to XRP are not substantiated. However, the new deposit program could help expand the use and acceptance of cryptocurrency products in Japan’s mainstream banking sector.

SBI Shinsei Bank’s XRP rewards initiative demonstrates progress towards broader retail adoption of crypto through Japan’s established financial system, with potential to encourage further integration between banking and digital assets.

Key factors for XRP going forwardThe next phase for XRP will largely depend on buyers’ ability to maintain support at the long-term trendline and, ultimately, to push through resistance for additional bullish momentum.

If the trendline holds and a breakout occurs, XRP could reactivate targets in the $6 to $10 range. Failure to secure support, however, may result in further selling pressure.

The ongoing rewards program from SBI Shinsei Bank is expected to promote retail interest and exposure to XRP in the Japanese market as the relationship between banks and digital assets continues to evolve.

MetricXRP (Current)Price$605.1624-hour Volume$600.35 millionMarket Capitalization$80.58 billionKey Resistance Target$6-$10Disclaimer: 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.
2026-08-17 05:39 2mo ago
2026-08-17 03:43 2mo ago
XRP Spot ETF Sees $2.25 Million Net Inflow Last Week
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Original source text
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.

Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.

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2026-08-17 05:39 2mo ago
2026-08-17 03:52 2mo ago
Wall Street Is Quietly Loading Up on Ripple (XRP) ETFs: Here’s Who Holds the Most
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Original source text
The latest SEC filings showed that some of Wall Street's biggest names have been quietly scooping XRP ETF shares. Here's who holds the most.

Although the broader landscape around XRP and the ETFs behind it is nowhere near the peaks from last year, some of the most prominent names on Wall Street have not abandoned it.

Just the opposite; the recent SEC filings show that behemoths like Jane Street, Bank of America, Morgan Stanley, UBS, and a few others have reported XRP ETF positions. However, there are significant differences in their exposure.

Jane Street Leads the Pack In its latest Form 13F filed with the SEC at the end of the previous business week, covering holdings as of June 30, Jane Street Group solidified its spot as a leader in terms of XRP ETF adoption. Data shows that the trading giant held more than 1.2 million shares of the Bitwise XRP ETF alone, alongside exposure to other funds from Franklin Templeton, Grayscale, Canary Capital, and 21Shares.

The Bitwise product exposure is particularly eye-catching because it holds spot XRP, unlike other ETFs tracking the popular altcoin. Bitwise’s product saw the light of day in November, just a few weeks after Canary Capital’s ETF hit Wall Street, and has become the largest of the bunch since.

The document covers the second quarter of the year, as confirmed by the SEC. The filing contains the company’s reportable securities position at the June 30 cutoff.

It’s worth noting that Jane Street’s involvement, since it’s one of the largest market makers and actively trades ETFs and options, should not necessarily be regarded as a simple long-term directional bet on XRP, but the scale is still difficult to ignore. Moreover, it held just 20,605 ordinary Bitwise XRP ETF shares at the end of Q1, meaning that there was a significant increase to the 1.2 million shares reported three months later.

BoA, Morgan Stanley In It Bank of America also reported in its latest filing cycle that it held 13,260 shares of the Volatility Shares XRP ETF. However, the position is worth just $76,000, nowhere near Jane Street’s exposure. Additionally, the Volatility Shares XRP ETF is not a spot ETF such as Bitwise’s financial vehicles.

You may also like: Ripple (XRP) ETFs Remain in the Green, But the Actual Inflows Tell a Different Story Morgan Stanley’s XRP Exposure Emerges as Price Struggles Near $1 Ripple’s (XRP) Summer Slump Isn’t Stopping Large Wallets From Growing Morgan Stanley also disclosed positions in three XRP-related funds at the end of Q2: 6,715 shares of Franklin’s XRP ETF, 255 shares of REX-Osprey’s product, and 567 shares of Bitwise’s counterpart.

These holdings are quite insignificant relative to the behemoth’s overall portfolio, but they add to a growing list of institutions reporting regulated XRP exposure. Additionally, Wolverine Asset Management had nearly 200,000 Bitwise XRP ETF shares, Gallacher Capital Management reported 86,744 Capital XRP ETF shares, while Main Street Group and National Bank of Canada had 5,261 and 3,848 shares of XRP-related products, respectively.

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2026-08-17 05:39 2mo ago
2026-08-17 03:17 2mo ago
Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC holds critical support, ETH awaits directional move, XRP weakens
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CoinGecko News
Original source text
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) begin the week on a cautious note after slipping over 3%, 1.5%, and 3.5%, respectively, in the previous week. BTC finds support around the key $62,300 level while ETH continues to trade sideways. Meanwhile, XRP hovers around $1.00, with weakening momentum suggesting deeper losses.

Bitcoin finds support around key $62,300 markBitcoin price trades at $63,135 on Monday, holding a bearish near-term bias as it remains capped beneath the 50-day Exponential Moving Average (EMA) at $64,306 and well below the 100-day and 200-day EMAs at $66,388 and $71,800, respectively.

Momentum readings reinforce the downside skew, with the Relative Strength Index (RSI) hovering at 44 in neutral-to-weak territory and the Moving Average Convergence Divergence (MACD) indicator entrenched in negative territory, suggesting lingering selling pressure despite the recent stabilization above $63,000.

On the topside, initial resistance is located at the 50-day EMA near $64,306, with a stronger cluster emerging around the 38.2% Fibonacci retracement of the latest swing at $65,547 and the 100-day EMA at $66,388, just ahead of the horizontal barrier at $66,500; a daily close above this zone would be needed to ease the current bearish tone and open the way toward the 50% retracement level at $67,940.

On the downside, immediate support is seen at the 23.6% Fibonacci retracement at $62,586, followed by the horizontal floor at $62,300, where a break would likely expose deeper losses toward the lower end of the broader range.

BTC/USDT daily chartEthereum continues to be range-boundEthereum price trades at $1,892 on Monday, holding above the 50-day EMA at $1,867 but remaining capped beneath the 100-day EMA at $1,919; it has traded sideways since mid-July. 

The RSI near 53 hints at modest positive momentum, yet the MACD stays negative, suggesting buying pressure is tentative rather than impulsive.

On the topside, initial resistance sits at the 100-day EMA around $1,919; a break there would expose the psychological horizontal barrier at $2,000 before the more strategic 200-day EMA at $2,118. 

On the downside, the 50-day EMA at $1,867 provides immediate support; a daily close below this level would open the door to the more distant horizontal support zone near $1,385, where a major structural floor emerges on the longer-term chart.

ETH/USDT daily chartXRP shows caution signalsXRP price trades at $1.00 on Monday, keeping a bearish bias as price holds beneath the 50-day EMA at $1.07 and the 100-day EMA at $1.15. The broader trend backdrop remains heavy with the 200-day EMA far above at $1.35, while the RSI around 37 and a negative MACD reading both hint at lingering downside pressure rather than an imminent bullish reversal.

On the topside, initial resistance emerges at the 50-day EMA near $1.07, followed by the 100-day EMA around $1.15 and the horizontal barrier at $1.30, with a more distant cap reinforced by the 200-day EMA near $1.35 and the structural high around $1.90. 

On the downside, immediate support is aligned with the psychological and horizontal floor at $1.00, where a sustained break would expose fresh lows and deepen the prevailing bearish structure.

XRP/USDT daily chart(The technical analysis of this story was written with the help of an AI tool. Know more.)

Cryptocurrency prices FAQs Token launches influence demand and adoption among market participants. Listings on crypto exchanges deepen the liquidity for an asset and add new participants to an asset’s network. This is typically bullish for a digital asset.

A hack is an event in which an attacker captures a large volume of the asset from a DeFi bridge or hot wallet of an exchange or any other crypto platform via exploits, bugs or other methods. The exploiter then transfers these tokens out of the exchange platforms to ultimately sell or swap the assets for other cryptocurrencies or stablecoins. Such events often involve an en masse panic triggering a sell-off in the affected assets.

Macroeconomic events like the US Federal Reserve’s decision on interest rates influence crypto assets mainly through the direct impact they have on the US Dollar. An increase in interest rate typically negatively influences Bitcoin and altcoin prices, and vice versa. If the US Dollar index declines, risk assets and associated leverage for trading gets cheaper, in turn driving crypto prices higher.

Halvings are typically considered bullish events as they slash the block reward in half for miners, constricting the supply of the asset. At consistent demand if the supply reduces, the asset’s price climbs.
2026-08-17 05:19 2mo ago
2026-08-16 21:03 2mo ago
4 Reasons This Could Be the Most Important Week of August for Bitcoin and XRP
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4 Reasons This Could Be the Most Important Week of August for Bitcoin and XRP
2026-08-16 20:24 2mo ago
2026-08-16 11:37 2mo ago
Evernorth amends share structure, boosts XRP per share ahead of Nasdaq listing
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Original source text
Recent price declines in XRP have not dampened the optimism of cryptocurrency commentator X Finance Bull, who expressed increased confidence following a significant announcement from Evernorth Holdings. The company, which manages a large XRP treasury, has revised its plans for a proposed listing on Nasdaq, maintaining its strategy while taking steps that could increase investor exposure to XRP with each share.

X Finance Bull pointed to changes in Evernorth’s subscription agreements regarding a private placement of its common shares. The modification is linked to the company’s proposed business combination with Armada Acquisition Corp. II. Unlike the original arrangement, which used a fixed XRP price of $2.36 set at the time of signing, the updated structure will use XRP’s market value at closing to determine the final deal terms.

With this adjustment, if the value of XRP changes by the time the transaction closes, the number of shares issued could be affected. Specifically, a higher XRP value at closing would lead to fewer shares being issued, meaning each share represents a larger portion of Evernorth’s XRP reserves. This structure gives investors greater XRP exposure per share if market conditions are favorable at closing.

Evernorth’s updated agreement aims to align its capitalization more closely with the current market value of its underlying XRP holdings, with the intention of increasing XRP per share and sustaining ecosystem development.

Evernorth stated that its overall strategy and the amount of XRP in its treasury remain unchanged with these amendments. The company reiterated its goal of growing the XRP ecosystem and maximizing the value of each share through active treasury management.

Mini dictionary: Evernorth Holdings is a company focused on cryptocurrency investments, particularly XRP, and it is pursuing a public market listing through a merger with a special purpose acquisition company (SPAC).

Over 95% of capital backers approve structural changesX Finance Bull noted that institutional support for Evernorth’s revised deal terms remains strong. The company confirmed that more than 95% of investors who committed capital to the transaction have agreed to the amended structure.

Key supporters of the plan include well-known firms such as Arrington Capital, SBI Group, Ripple, Pantera Capital, Kraken, and GSR. This backing from major industry names supports the credibility of Evernorth’s approach ahead of its possible public-market debut.

X Finance Bull emphasized that Evernorth’s public market strategy is distinguished by its commitment to increasing the value of XRP per share through strategic treasury operations and broader ecosystem engagement.

The commentator argued that the combination of Evernorth’s treasury-focused business model and the recent adjustments makes the company more than just another investment vehicle in the market.

Key Evernorth BackersSupport RateArrington Capital, SBI Group, Ripple, Pantera Capital, Kraken, GSROver 95% of committed capitalX Finance Bull’s positive stance centers on Evernorth’s stated goal of maximizing the amount of XRP behind each share. He believes that if Evernorth completes its proposed Nasdaq listing and attracts new public-market capital, it could further scale its XRP treasury and ultimately boost XRP per share over time.

For now, Evernorth continues working toward its Nasdaq debut, while the revised deal terms ensure that the share count at closing will directly reflect XRP’s market price on the day the transaction is finalized.

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.
2026-08-16 20:24 2mo ago
2026-08-16 11:54 2mo ago
RLUSD anchors former Ripple staffer’s new XRPL startup
XRP Ripple
CoinGecko News
Original source text
An unnamed XRP Ledger startup being developed by former Ripple staffer Bias Goose will use RLUSD as a primary financial rail, according to a series of public posts published since Aug. 8. 

Summary

RLUSD will underpin the unnamed XRP Ledger startup, according to former Ripple staffer Bias Goose. Bias Goose says the project will avoid issuing its own token or using artificial incentives. Bias Goose first teased the unnamed XRP Ledger startup on August 8, targeting roughly September. Ripple reported nearly $1.6 billion of RLUSD circulating on August 6 against larger reserve assets. Project claims of yields above Treasury rates remain unverified until economic details and partners emerge. His latest Aug. 16 post said, “We will make RLUSD great again,” but disclosed no project name, partners or detailed product structure. Bias Goose previously worked in developer growth at Ripple and now works in marketing at Walrus Protocol.

The public disclosures remain narrower than some descriptions of the project suggest. Bias Goose has said the startup involves companies from a sector that has traditionally been resistant to blockchain and intends to generate “real yield” without its own token or artificial incentives. Those economic claims cannot yet be independently tested because the underlying businesses and revenue model remain undisclosed.

RLUSD is confirmed, but the startup remains unnamed Bias Goose first said on Aug. 8 that the XRP Ledger would get a new startup “in just about a month.” That points broadly to September rather than establishing a firm launch date. No exact date was included in that announcement.

We will make RLUSD great again

— Bias Goose 🇺🇸 (@BiasGoose) August 16, 2026 Two days later, he said the team had formed partnerships with a “rather closed off sector” and planned to bring participants from that industry onchain. He also said the model would use RLUSD rails, involve XRP later and feature “no incentives, no tokens.” These remain statements from the project’s creator rather than independently confirmed partner announcements.

Yield claims remain the biggest unanswered question The commercial pitch centers on returns generated by real-world activity rather than token emissions. Reports have attributed expectations of returns above U.S. Treasury yields to the project, but no underlying assets, borrowers, contractual cash flows or audited performance figures have been released. Those return claims should therefore be treated as forward-looking and unverified.

RLUSD itself does not automatically produce those returns. Ripple describes the stablecoin as a dollar-backed asset designed for payments, settlements, treasury management and onchain finance. Any yield offered through the startup would need to originate from another asset, strategy or commercial activity layered around RLUSD.

RLUSD already has a growing institutional footprint Ripple’s latest transparency report showed $1.5896 billion of RLUSD circulating against $1.7026 billion in reserve funds as of Aug. 6. Standard Custody & Trust Company, the issuer, is supervised by the New York Department of Financial Services, while Ripple publishes monthly third-party attestations covering supply and reserves.

RLUSD has also expanded internationally. Ripple and SBI launched the stablecoin in Japan in June following regulatory approval there. As crypto.news previously reported, RLUSD trading had driven more than $2.5 billion through XRP Ledger pairs by late June, giving new XRPL applications a deeper dollar-liquidity base than existed when RLUSD launched.

What happens next The next verifiable milestone is a fuller project reveal. Bias Goose’s Aug. 8 timeline points to roughly early September, but no firm launch date has been announced. Claims about counterparties, expected returns, legal structure or a possible Walrus integration remain unconfirmed until the project or its partners publish supporting details.

There is also no announced project token. Bias Goose has explicitly said the model will use “no incentives, no tokens” while operating on RLUSD rails. If that remains the structure, the main questions will be how RLUSD enters the system, what activity produces the proposed returns, how risks are managed and whether XRP gains a role beyond serving as the XRP Ledger’s native asset.
2026-08-16 20:24 2mo ago
2026-08-16 12:11 2mo ago
Binance extends RLUSD campaign with 1M XRP rewards
XRP Ripple
CoinGecko News
Original source text
Binance has extended its rewards push around Ripple USD with another four-week campaign offering one million XRP to eligible RLUSD holders. 

Summary

Binance extended its RLUSD rewards campaign through September 11 with one million XRP available overall. Eligible users need at least 0.01 RLUSD and $500 in average daily derivatives trading volume. One million XRP will be distributed across four weekly installments beginning August 21 to participants. Borrowed stablecoin-funded RLUSD receives a 60% haircut when Binance calculates qualifying margin balances for rewards. Ripple officially reported $1.59 billion of RLUSD circulating against $1.70 billion in reserve funds recently. The new campaign began at 00:00 UTC on Aug. 14 and runs through Sept. 11, according to the exchange’s updated announcement. Rewards will be distributed every Friday across four installments.

The follow-on program started immediately after Binance’s first RLUSD campaign ended on Aug. 14. That earlier promotion offered $800,000 worth of XRP across four weekly distributions beginning July 17. As crypto.news previously reported, the first campaign tied XRP rewards to eligible RLUSD balances held through Binance Earn and Margin products.

Binance keeps RLUSD eligibility rules largely unchanged To qualify, users must maintain at least 0.01 RLUSD in an eligible Earn or Margin account and record at least $500 in average daily Margin or Futures trading volume. The trading volume can come from any supported pair as long as RLUSD is being used as collateral.

Binance calculates rewards using each user’s qualifying RLUSD balance and an effective annualized percentage rate determined for each weekly period. The lowest RLUSD balance observed during hourly snapshots becomes the qualifying balance for that day. There is no stated individual reward cap.

RLUSD created by borrowing other stablecoins receives different treatment. Binance applies a 60% haircut to the leveraged portion after accounting for liabilities involving USDT, USDC, U, USD1 and FDUSD. RLUSD that is itself recorded as a borrowing liability is excluded from the qualifying balance.

One million XRP will be distributed through Sept. 11 The first distribution under the new campaign is scheduled for Aug. 21, followed by payments on Aug. 28, Sept. 4 and Sept. 11. Binance will determine the effective APR and XRP valuation for each period at the time of distribution.

The prior campaign shows how those rates can move. Its effective APR started at 22.25% for the first week, then fell to 8.22%, 8.08% and 7.69% in subsequent distributions. Binance warns that the APR is “not indicative of future results” and may fluctuate from week to week.

The new reward pool is denominated directly in one million XRP rather than a fixed dollar value. Its final dollar value will therefore depend on the XRP price Binance uses for each weekly distribution.

U.S. and European users face participation restrictions The campaign is not available globally. Binance’s current exclusion list includes the U.S., UK, Canada, Japan and numerous European Economic Area jurisdictions. Users must also complete KYC and remain in an eligible jurisdiction. Binance notes that the exclusion list can change as regulatory requirements develop.

The geographic limits are particularly relevant for RLUSD because Binance warns that unauthorized stablecoins face restrictions for EEA users under MiCA. Holding RLUSD alone does not make a user eligible for the promotion.

RLUSD supply remains near $1.6 billion The campaign comes after Binance listed RLUSD and XRP-linked trading pairs in January, expanding the stablecoin’s availability on one of the largest crypto trading platforms.

Ripple’s latest official transparency data shows $1.5896 billion of RLUSD in circulation against $1.7026 billion of reserve funds as of Aug. 6. Standard Custody & Trust Company issues RLUSD under supervision from the New York Department of Financial Services, while independent CPA attestations are published monthly.

What happens next The next confirmed milestone is the first new XRP distribution on Aug. 21. Binance will then publish the effective APR and XRP token value used for that reward period. Three additional weekly distributions are scheduled before the campaign closes on Sept. 11.

For users, the amount received will depend on qualifying RLUSD balances, total eligible balances across the campaign and the effective APR. The one million XRP figure is the total pool rather than a guaranteed amount or fixed return for any individual participant.
2026-08-16 20:24 2mo ago
2026-08-16 12:19 2mo ago
XRP open interest climbs to $835 million as price liquidity pressures mount
XRP Ripple
CoinGecko News
Original source text
XRP’s recent price movements have created uncertainty for traders, as the token’s liquidity landscape shifts across multiple levels while buying interest remains limited. Market observers have noted a combination of positive and negative signals, pointing to an unresolved trend direction in the near term.

Liquidity sweeps and market imbalancesCryptoinsightuk, a cryptocurrency analyst, has identified the sweeping of liquidity at both hourly and daily intervals as a notable development in XRP trading. Over the past several days, the market has absorbed liquidity from various lower price tiers, a move considered encouraging by some participants.

At the same time, substantial liquidity remains concentrated above XRP’s current price, which traded near the $1 mark on recent charts. This disparity suggests the potential for significant price action if buyers return and push the token higher. However, liquidity still persists on both the higher and lower timeframes, indicating that the market’s adjustment phase may not yet be complete and further volatility could be on the horizon.

Liquidity above the current price far exceeds what lies below, signaling that if renewed buying pressure emerges, upward price movements may accelerate. However, with remaining liquidity on both intraday and daily charts, the market has yet to pick a clear direction.

Open interest and bearish trendsA major concern highlighted by Cryptoinsightuk is the continuing rise in open interest for XRP derivatives. Aggregated positions have surged to more than $835 million, reflecting an uptick in leveraged trading activity.

Although an increase in open interest does not automatically point to a negative outcome, the analyst observed that a higher open interest during periods of trader liquidations could signal the risk of heightened volatility in the near future. Other technical indicators, such as XRP’s persistence in forming lower lows on the daily chart, further underscore market weakness. The absence of strong spot buying activity remains a notable vulnerability, as spot demand has yet to reverse the prevailing downtrend.

Mini dictionary: Open interest, the total number of outstanding derivative contracts such as futures or options that have not been settled, is commonly used as an indicator of market activity and liquidity. Rising open interest, especially alongside volatile price moves, may indicate growing participation or potential for further swings.

Traders have watched as the daily XRP chart continues to produce lower lows, with insufficient spot buying support to reverse this pattern. Ongoing liquidations amid high open interest could precede further volatility.

Traders eye lower targets and wait for confirmationWithin the trading community, discussion continues over whether recent liquidity sweeps at lower levels might set the stage for a rebound. One commenter, hoos.crypto, suggested that the market-clearing at those supports was a positive, but asked if Cryptoinsightuk’s own buy orders had been executed.

Responding to these questions, Cryptoinsightuk explained that his orders had not yet filled, as he is attempting to capture possible lows by scaling entries below $0.92. He also acknowledged the risk of missing the next move entirely if price reverses before reaching his targets.

This cautious approach highlights the ongoing uncertainty, with traders remaining alert to confirmation of a broader trend change before increasing exposure to the asset.

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.
2026-08-16 20:24 2mo ago
2026-08-16 13:16 2mo ago
AI Agents Log 2,000,000 XRP Ledger Transactions to Move Just $7,400: Why XRP Needs Trillions
XRP Ripple
CoinGecko News
Original source text
Sun, 16/08/2026 - 13:16

AI agents hit a 2,000,000 transaction milestone on XRPL, averaging just $0.0035 per invoice, but the real economic effect on XRP is missing.

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

The number of transactions carried out exclusively by autonomous AI agents on the XRP Ledger (XRPL) has surpassed 2,094,121. According to data from xrpl-ai.org, an active marketplace has emerged within the XRP-native blockchain in just one month, with AI systems directly paying one another for digital services.

However, the financial scale of this activity is unusual. The total settlement volume across all two million transactions amounted to a modest 5,112.89 XRP and 2,281.96 RLUSD. With XRP trading at around $1, the combined value was approximately $7,400.

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With the average transaction worth a negligible $0.0035, bots pay microscopic amounts for specific requests but do so continuously and at a high frequency.

Why millions of AI invoices mean zero for XRP price The ecosystem, developed by t54.ai, is built around the open x402 standard, a protocol that allows programs to issue and pay invoices instantly, within fractions of a second. 

The hub includes 141 verified merchants, but more than half of all traffic is generated by two projects — the decentralized Heurist Mesh network, which collects NFT data for micropayments starting at 0.001 RLUSD, and the LucyOS operating environment, which requests AI-powered token analysis using native XRP.

The remaining volume is divided among the ClawBank meme generator, which accepts RLUSD and USDC; the Heurist Inference language model router; and the AskSurf AI-powered search chat.

Overview of agentic economy on XRP Ledger, Source: XRPL-AI.orgWhen a single AI request costs hundredths of a cent, processing fiat dollars through traditional banks is technically impossible: acquiring fees would immediately consume the entire economic value of the transaction.

On XRPL, the fixed network fee is only $0.0002, while settlement takes three to five seconds. The security of these tiny budgets is controlled through basic limits set by human owners, including through integrations such as Mastercard Verifiable Intent.

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However, the real economic effect of this activity on the XRP token itself remains zero. The first million transactions in July pointed to this, while the second million by mid-August confirmed it: two million transactions in one month are far too few to have any meaningful effect on the asset's market value or liquidity.

The XRP Ledger has successfully demonstrated its technical suitability for machine-to-machine payments. However, for this sector to begin exerting real economic pressure on XRP, the AI-agent economy needs not millions but billions and trillions of transactions.

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2026-08-16 20:24 2mo ago
2026-08-16 13:34 2mo ago
XRP eyes key week as Ripple CEO speaks in Wyoming
XRP Ripple
CoinGecko News
Original source text
Ripple CEO Brad Garlinghouse is scheduled to speak at the Wyoming Blockchain Symposium on Aug. 18, joining U.S. policymakers and financial industry executives as the debate over digital asset regulation moves into another important stretch.

Summary

Ripple CEO Brad Garlinghouse will discuss modernizing financial infrastructure at Wyoming Blockchain Symposium on Tuesday. SALT scheduled Garlinghouse’s session for 3:05 p.m. Mountain Time, moderated by CNBC reporter Tanaya Macheel. The invitation-only gathering brings 500 investors, builders and policymakers to Jackson Hole from August 17-20. SEC Chair Paul Atkins and Senators Cynthia Lummis and Tim Scott also speak during Tuesday. No Ripple announcement or XRP product launch has been disclosed for Garlinghouse’s scheduled Wyoming appearance. SALT’s updated agenda schedules Garlinghouse’s 15-minute session, “Modernizing Financial Infrastructure,” for 3:05 p.m. Mountain Time at the Four Seasons Resort Jackson Hole. CNBC markets and crypto reporter Tanaya Macheel will moderate.

Ripple CEO’s session focuses on financial infrastructure Garlinghouse’s appearance is now more specific than when SALT first announced him as a speaker in July. As crypto.news previously reported, Ripple joined the third annual Wyoming gathering before organizers had disclosed his session title or time.

The current agenda does not list an XRP announcement, product launch or new Ripple partnership alongside his session. The “Modernizing Financial Infrastructure” title also provides no detailed discussion topics. Claims that Garlinghouse will unveil an XRP-specific development would therefore go beyond what organizers have confirmed.

U.S. crypto policy will frame the Wyoming event Garlinghouse will speak on a day carrying a strong U.S. regulatory focus. SEC Chair Paul Atkins is scheduled at 10:00 a.m. for “Inside America’s Regulatory Restructuring.” Senators Tim Scott and Cynthia Lummis follow with a discussion titled “Cementing America’s Financial Leadership.”

Their appearances come days after the SEC cancelled its Aug. 14 meeting on proposed crypto offering rules. The agency has not announced a replacement date. Congress is also waiting on the Digital Asset Market Clarity Act. A Senate cloture motion on proceeding to H.R. 3633 is scheduled to ripen Sept. 15 at 2:15 p.m.

In related coverage, crypto.news reported that the SEC delayed its Regulation Crypto meeting without withdrawing the underlying proposal. The CLARITY Act now faces a Sept. 15 procedural test, rather than a final passage vote.

Ripple arrives with a broader institutional finance stack Garlinghouse’s session also follows several expansions of Ripple’s financial infrastructure business. In April, Ripple launched Digital Asset Accounts and Unified Treasury, allowing corporate treasury teams to manage fiat alongside XRP, RLUSD and other digital assets within its treasury platform.

As crypto.news reported, Ripple has pushed deeper into corporate treasury infrastructure following its acquisition of GTreasury. Ripple also launched Ripple Mint in July, giving institutional RLUSD customers API and user-interface tools for minting, redeeming and managing the stablecoin.

The U.S. banking element remains incomplete. The Office of the Comptroller of the Currency granted Ripple National Trust Bank preliminary conditional approval, rather than an unrestricted final charter, in December 2025. The institution must satisfy OCC conditions before commencing banking operations under the charter.

What happens next The Wyoming Blockchain Symposium opens Aug. 17 with registration and a welcome reception. Its main conference sessions run Aug. 18 and Aug. 19 before optional activities on Aug. 20. SALT describes the event as an invitation-only gathering of 500 investors, builders and policymakers.

Garlinghouse’s Aug. 18 appearance will provide the next verified update. Until he speaks, there is no confirmed basis for predicting an XRP announcement. The disclosed subject is financial infrastructure, while regulation, institutional adoption, stablecoins and market structure feature prominently elsewhere on the official agenda.
2026-08-16 20:24 2mo ago
2026-08-16 13:37 2mo ago
Ripple CEO scheduled to deliver a major speech from August 17 to 20; XRP holders set to gain an opportunity to earn $8,000 daily
XRP Ripple
CoinGecko News
Original source text
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

EiCrypto has launched a contract-based cloud mining platform designed to help XRP and BTC holders diversify asset participation amid market volatility.

Summary

EiCrypto launches a renewable-powered cloud mining platform, offering XRP and BTC holders an alternative way to put their assets to work.
It has introduced cloud mining contracts backed by computing power, targeting investors seeking alternatives to crypto price volatility.
The platform is drawing XRP investor interest with its automated contracts and renewable-powered mining infrastructure.

The XRP community is closely monitoring a speech by Ripple CEO Brad Garlinghouse, hoping it will drive up the price of XRP.

According to XRP community member Eri, Ripple CEO Garlinghouse is scheduled to speak at the 2026 Wyoming Blockchain Symposium — co-hosted by SALT and Kraken — in Jackson Hole from August 17 to 20. This invitation-only event, limited to 500 attendees (including heavyweights from the cryptocurrency sector such as SEC Chair Paul Atkins), aims to provide opportunities for focused discussion and networking, with Ripple and the broader XRP ecosystem taking center stage.

According to reports, Garlinghouse is scheduled to speak on the second day of the conference on the topic of “Modernizing Financial Infrastructure.” His presentation aims to take a forward-looking approach to fostering digital asset regulation, creating a global financial system that is decentralized rather than centrally planned, and driving a deeper understanding and adoption of blockchain infrastructure among institutions.

New asset management strategies for XRP holders
At the same time, a fatal problem has been presented to XRP holders. Apart from adopting a simple speculative strategy: buying XRP at a low price and holding it for the long term to wait for the price to rise, which could potentially bring unpredictable profits in the short term if the market is in a bull market, they also face the risk of asset devaluation or a long correction period due to market fluctuations.

Consequently, an increasing number of XRP holders are shifting away from speculative “buy low, sell high” strategies. Instead, they are adopting diversified management approaches that enhance asset utilization and generate cash flow — enabling their XRP holdings to effectively produce passive income in a more stable and sustainable manner.

A new option for XRP holders: EiCrypto Cloud mining
EiCrypto, a leading global digital asset service provider, has launched a brand-new cloud mining platform that is attracting significant attention from XRP investors. Leveraging an innovative contract-based mechanism that links returns to computing power, the platform effectively helps investors — including those holding XRP and BTC — mitigate the risks associated with market stagnation and price volatility, thereby enhancing asset utilization and maximizing returns.

EiCrypto operates mining facilities across more than 100 countries, utilizing over 800,000 mining units powered entirely by renewable energy and situated in regions with low electricity costs and stable infrastructure.

These mining facilities operate continuously to mine cryptocurrency; users do not need to purchase hardware or grapple with technical complexities. Instead, they participate remotely by selecting cloud mining contract plans via the EiCrypto platform, gaining the right to utilize computing power for a fixed contract term. The share of computing power purchased determines the user’s final returns, offering the potential to earn $8,000 per day.

How to quickly join EiCrypto and earn passive income

Register an Account: Sign up here to receive a $15 new-user bonus.

Deposit Methods: EiCrypto supports a wide range of mainstream digital assets; deposit can be made using major cryptocurrencies such as BTC, USDT, ETH, LTC, USDC, XRP, SOL, and BNB.

Select a Contract: Choose a cloud mining contract that suits a particular budget and timeframe; the system will then operate automatically.

Popular Contract Recommendations:

Entry-level Contract: $100 — 2 days — Total Profit: Approx. $108
Basic Contract: $500 — 5 days — Total Profit: Approx. $532
Basic Contract: $1500 — 10 days — Total Profit: Approx. $1705
Stable Contract: $5500 — 20 days — Total Profit: Approx. $7050
Stable Contract: $9900 — 25 days — Total Profit: Approx. $14280
Advanced Contract: $50000 — 35 days — Total Profit: Approx. $79750

Click here to view more contract details.

Once the contract is activated, earnings will be automatically settled to the account after 24 hours. Users can choose to withdraw their earnings or reinvest them, thereby achieving long-term, compound growth of their digital assets.

Environmental sustainability and lawful operations
EiCrypto powers its mining facilities on a large scale using renewable energy sources such as solar and wind power. This approach enhances operational efficiency while effectively reducing carbon emissions, enabling a green, low-carbon model for digital asset computing and creating a safer, more efficient, and sustainable cloud computing ecosystem for global users.

Headquartered in the UK, EiCrypto operates in compliance with relevant UK and European regulatory frameworks and continuously enhances its transparency, operational standards, and user protection mechanisms by aligning with regulatory standards such as MiCA (Markets in Crypto-Assets Regulation) and MiFID II (Markets in Financial Instruments Directive).

In conclusion
As the regulatory framework for digital assets continues to mature, investors are increasingly focusing on diversified strategies that preserve long-term value and enhance asset utilization; leveraging the yield-generating mechanisms of the EiCrypto platform to transform XRP, BTC, and ETH into wealth-generating assets represents the optimal approach today.

For more information, visit the official website and download the application.

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.
2026-08-16 20:24 2mo ago
2026-08-16 13:53 2mo ago
Autonomous AI agents on XRP Ledger surpass 2 million transactions, but impact on price negligible
XRP Ripple
CoinGecko News
Original source text
The number of transactions exclusively conducted by autonomous AI agents on the XRP Ledger (XRPL) has exceeded 2,094,121, according to xrpl-ai.org. This surge took place within just one month, with a flurry of micro-transactions occurring between AI systems for digital services within the XRP-native blockchain ecosystem.

AI agent marketplace sees millions of transactionsThe marketplace for AI agents on XRPL is powered by a network developed by t54.ai, which specializes in building infrastructure for small, automated financial operations. This network leverages the x402 standard, an open protocol designed to let computer programs issue and pay invoices nearly instantly and in very small amounts.

The platform currently supports 141 verified merchants. However, most of the traffic is concentrated in only two projects. The first is the Heurist Mesh network, a decentralized platform specializing in NFT data collection, which facilitates micropayments starting at 0.001 RLUSD. The second is LucyOS, an operating environment that enables requests for AI-driven token analysis using native XRP.

Other participants in the marketplace include ClawBank, a meme generator accepting RLUSD and USDC payments; the Heurist Inference language model router; and the AskSurf chatbot that offers AI-enabled search features.

With each AI-driven transaction costing only fractions of a cent — averaging just $0.0035 — these agents process requests continuously and at high speed. The total value moved across all two million transactions remained comparatively low, amounting to 5,112.89 XRP and 2,281.96 RLUSD, with XRP trading at roughly $1. This results in an overall settlement volume of about $7,400.

MetricValueTotal Transactions2,094,121Total XRP Settled5,112.89 XRPTotal RLUSD Settled2,281.96 RLUSDApproximate Settlement Value$7,400Average Transaction Value$0.0035Mini dictionary: x402 standard, a protocol enabling rapid and low-cost invoice issuance and settlement between automated processes or agents on blockchains.

Why microtransactions do not affect XRP priceThe ultra-low value of most settlements explains why this burst in activity has not translated into upward pressure on the XRP token’s market price. Transactions are so small that processing similar payments through traditional financial systems would be unfeasible due to minimum fee thresholds. XRPL, however, enables such microtransactions with a fixed network fee as low as $0.0002 per transaction, and settlement times of three to five seconds.

While more than two million autonomous AI transactions took place in a month, the aggregate economic value remained too low to influence XRP’s overall market liquidity or price trends.

AI bot activity is subject to user-imposed transaction limits, and some integrations leverage controls like Mastercard Verifiable Intent to further secure payments. These mechanisms aim to strike a balance between automation and security for machine-driven payments.

Despite XRPL’s ability to technically handle ongoing, high-frequency machine-to-machine payments, analysts indicate that the volumes being processed so far are nowhere near sufficient to impact the XRP economy in a significant way. After passing the first million transactions in July, the second million by mid-August underscored this pattern. Current volumes remain well below the scale needed to affect the asset’s price or change overall liquidity dynamics.

Industry observers point out that real economic demand on XRP’s price could arise only if autonomous AI payments reached the scale of billions or even trillions of transactions.

The XRP Ledger remains a functioning proof-of-concept for a future where autonomous AI agents handle payments directly with each other. However, the jump from millions to trillions of transactions appears to be the missing link in translating technical innovation into meaningful economic outcomes for $XRP holders.

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.
2026-08-16 20:24 2mo ago
2026-08-16 14:50 2mo ago
Ripple Price Prediction: Can XRP Defend $1 or Will $0.90 Come Into Play Next?
XRP Ripple
CoinGecko News
Original source text
Ripple Price Prediction: Can XRP Defend $1 or Will $0.90 Come Into Play Next?
2026-08-16 20:24 2mo ago
2026-08-16 15:43 2mo ago
XRP Price Prediction: What the $1.00 Line Means for the Next Move
XRP Ripple
CoinGecko News
Original source text
Key Takeaways

Table of Contents

XRP held $0.9990 on August 17, 2026, a 3.5% weekly dip that still left $62.6 billion of market value in place.
Roughly 62.68 billion coins circulate, so one cent of price carries about $627 million of market value.
Any XRP price forecast has to reckon with the $3.65 record of July 17, 2025, a level spot sits 72.6% below.
Bullski sells $BULLSKI through a 16-stage presale, where stage 1 sold out at $0.00001 and stage 2 asks $0.000015.

One round number frames this XRP price prediction, and XRP just slipped under it. Spot printed $0.9990 on August 17, 2026, a whisker below the $1.00 mark traders treat as a floor. Sitting behind that quote are a $62.6 billion market cap and a soft week, down 3.5%.

Below we set price bands against the coin’s real supply, then look at why some of the same readers are watching a 16-stage meme coin sale that has already cleared its opening rung.

XRP Price Prediction 2026: The $1.00 Line in Focus
Round numbers stick in traders’ heads. XRP slipped under $1.00 during a soft week, and that single tick changes how the chart gets read. Sellers defend the line from above now, so an XRP price prediction 2026 that assumes a fast reclaim is asking a lot.

Attention drifted toward smaller tickets while this played out, which is why the live $BULLSKI stage keeps turning up in the same browser tabs.

Value behind that price came to $62.6 billion, spread across roughly 62.68 billion circulating coins. Nudge the price one cent and about $627 million of market cap moves with it. Readers who want the raw feed can pull today’s numbers from XRP’s CoinGecko market page.

By the numbers: XRP sits 72.6% under its record of $3.65 from July 17, 2025. Bitcoin trades at $62,970 and is 50.1% under its own $126,080 peak. Records drift a long way from spot in this market, and both charts say so.

How High Will XRP Go? Bands Built Off Real Supply
Forecasts get useful once they carry a market cap. Multiply the roughly 62.68 billion coins by a target and you see what the market must actually fund. Market cap math strips the noise out of a Ripple XRP price prediction fast.

Everything in the table below is arithmetic, not a call.

XRP level

Cap the market must fund

Distance from $0.9990

Reference point

$1.25

$78.4B

+25%

Back clear of the round number

$2.00

$125.4B

+100%

Double today’s $62.6B cap

$3.65

$228.8B

+265%

XRP all time high, set July 17, 2025

$5.00

$313.4B

+400%

Larger than Ethereum’s $226.7B today

Reading down that table, $2.00 asks buyers to fund $125.4 billion, twice what XRP carries now. $5.00 would push the token past Ethereum’s current $226.7 billion. An XRP prediction can still point there, though the capital has to arrive from somewhere real.

XRP Outlook for 2030 and 2040: What Would Have to Change
Long horizons are guesses in a suit. An XRP price prediction 2030 leans on settlement volume that has not arrived yet. Stretch the same model into an XRP price prediction 2040 and you are also betting on rules nobody has written.

Analysts who publish those figures usually anchor them to adoption curves, so read the output as one scenario among many.

Nearer in, the picture is quieter than the headlines suggest. Total crypto value stands at $2.250 trillion, close to flat on the day. Chainlink led the majors this week at $9.35 and up 13.6%, while XRP gave back 3.5%.

Money rotated between tickers rather than walking out the door.

Where Bullski Sits Beside an XRP Price Forecast
Bullski is a meme coin issued as an ERC-20 token on Ethereum. Its count is capped at 120 billion and cannot be topped up later. Sale buyers work through 40 percent of that total, the slice set aside for the presale ladder, while the rest covers liquidity, staking rewards and the vested team block.

Buyers took the full 1,192,283,023 allocation of stage 1 at $0.00001, which closed that rung. Pricing on the second rung is $0.000015. Counted on August 17, 2026, 45,829,562 of its 1,400,000,000 tokens had gone and 1,354,170,438 were still there.

Above it sits a $0.00002 step, with $0.0025 marked as the reference price for listing at the end of the 16-stage run.

Good to know: The $BULLSKI contract is verified on Etherscan, which puts the code in public view. Liquidity locks at listing. Team tokens release on a vesting schedule instead of one block, and an audit in process runs alongside the sale.

Readers can also see how each Bullski rung is priced before committing a cent.

Meme money did not vanish in the dip either. Sector value came to $24.77 billion and edged up 0.34% on the day, against flat tape almost everywhere else. Readers tracking the theme usually start with the meme coins buyers are choosing now.

Rungs here advance on sellout, never on a clock. We unpacked that mechanic in our earlier look at this coin, and it explains why a live counter beats a countdown clock for anyone timing an entry.

Take the Stage Two Price Before the Ladder Steps Again
Bullski’s first rung is finished at $0.00001. Today’s rung asks $0.000015, and 45,829,562 tokens of it had been claimed by August 17, 2026. Next along the ladder is $0.00002, a third more per token than the price showing right now.

Buy $BULLSKI at $0.000015: keep ETH, BNB or USDT ready in a wallet that handles Ethereum, load the Bullski page itself, confirm which rung the counter is showing, and set the amount you want at that price.

Remember: Rungs move when they sell out, not when a timer expires. Only the counter on the official site shows which stage is open on the day you buy.

Do your own research before buying any presale token. This article is not financial advice.

XRP Price Prediction: Questions Readers Ask
Will XRP Go Up?
Nobody can promise that. XRP is 3.5% lower over seven days and sits at $0.9990, just under a line traders watch closely. Reclaiming $1.00 with volume behind it would be the first real signal.

An XRP price forecast built on less than that is guesswork with a chart attached.

How High Will XRP Go?
Supply sets the ceiling on that answer. With about 62.68 billion coins out, $2.00 needs $125.4 billion of market value and $3.65 needs $228.8 billion. Both are heavy asks inside a $2.250 trillion market, though neither number is impossible.

What Will XRP Be Worth in 2030?
Honest answer, nobody knows. An XRP price prediction 2030 depends on how much settlement traffic the network actually wins by then. Published ranges shift every quarter as that traffic changes.

Treat them as scenarios and size any position to match.

Why Are XRP Watchers Looking at a Presale Stage?
Scale explains most of it. XRP needs $125.4 billion of fresh market cap just to double, while a stage-priced token starts from a far smaller base. That gap is why plenty of readers hold both, and why they buy $BULLSKI at the stage two price rather than wait for the $0.00002 rung.

For More Information
Website: Visit the official Bullski website at bullski.io

Telegram: Join the Bullski Telegram channel at t.me/BullskiCoinOfficial

X (Twitter): Follow Bullski on X at x.com/bullskicoin

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.
2026-08-16 20:24 2mo ago
2026-08-16 15:44 2mo ago
Jane Street discloses $14 million in Bitwise XRP ETF, takes positions in Franklin, Grayscale, Canary, 21Shares
XRP Ripple
CoinGecko News
Original source text
Jane Street Group, a leading global trading firm based in the United States, revealed significant exposure to multiple XRP exchange-traded fund (ETF) products in its second quarter 2026 13F filing, including more than 1.2 million shares of the Bitwise XRP ETF valued at $14.05 million. The document, widely circulated among cryptocurrency analysts, also lists call positions and smaller spot entries.

Jane Street expands XRP ETF activityThe 13F filing details Jane Street’s positions across several major XRP ETF issuers, including Bitwise, Franklin Templeton, Grayscale, Canary, and 21Shares. Three separate entries for the Bitwise XRP ETF are shown: the largest, with 1,205,000 shares held outright, another as a call option with 15,100 shares, and a third with 67 shares.

Jane Street also disclosed smaller but noteworthy positions in the Franklin, Grayscale, Canary, and 21Shares XRP ETFs. The firm’s involvement in a range of products reflects an operational engagement that reaches beyond standard portfolio investment.

Jane Street’s presence across the XRP ETF ecosystem, spanning five separate issuers, points to a substantial market-making role rather than a typical institutional allocation.

Crypto commentator BankXRP highlighted Jane Street’s broad activity, saying its engagement with multiple XRP ETF issuers indicates a structural commitment to providing liquidity in this developing spot ETF market.

Mini dictionary: Jane Street Group is a global quantitative trading firm known for its active role as a market maker across equities, fixed income, and now digital assets. As a market maker, Jane Street provides liquidity by consistently buying and selling assets, helping to ensure smoother price discovery and tighter spreads on trading platforms.

Institutional XRP ETF disclosures surge in 2026The second quarter of 2026 has seen a rising trend of institutional disclosures involving spot XRP ETF products. Other financial institutions, including Wells Fargo and Bank of Montreal, recently revealed significant XRP ETF holdings in their regulatory filings. For example, Wells Fargo reported a $9.18 million investment in Bitwise XRP ETF across two accounts, while Bank of Montreal made a similar disclosure days earlier.

Asset management firms have also joined the trend. Militia Capital Management disclosed ownership of 31,820 shares in the Bitwise XRP ETF in an amended filing, and Gallacher Capital Management reported 86,744 shares of the Canary XRP ETF valued at $961,126. Jane Street’s report stands out due to the scale and range of its investments across different ETF issuers.

InstitutionMain XRP ETF PositionsTotal Value (approx.)Jane Street Group1,205,000 Bitwise shares (plus calls); Franklin, Grayscale, Canary, 21Shares ETF positions$14.05 million (Bitwise only)Wells FargoBitwise XRP ETF (2 positions)$9.18 millionBank of MontrealBitwise XRP ETFN/AMilitia Capital Management31,820 Bitwise sharesN/AGallacher Capital Management86,744 Canary shares$961,126Growing institutional participation in spot XRP ETFsActivity around spot XRP ETFs has intensified throughout 2026, as more institutional players file regular 13F disclosures. Jane Street’s wide-ranging positions across all major issuers reinforce its role in building liquidity for the broader XRP ETF ecosystem.

Each new market participant deepens the order book and enhances investor access, especially as inflows climb and ETF volume expands. The scale of Jane Street’s holdings this quarter makes it one of the largest and most diversified institutional participants in the emerging spot XRP ETF market.

Jane Street’s cross-product disclosure in Q2 2026, with more than 1.2 million Bitwise XRP ETF shares and holdings in Franklin, Grayscale, Canary, and 21Shares, represents one of the most extensive institutional XRP ETF filings to date.

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.
2026-08-16 20:24 2mo ago
2026-08-16 16:01 2mo ago
XRP Price Falls Below $1 as Emerging Risks Point to More Downside
XRP Ripple
CoinGecko News
Original source text
XRP (CRYPTO: XRP) price dropped below the crucial support level of $1 as the bear market that started in July last year continued. The Ripple-linked token dropped to $0.995, its lowest level since November last year, and 72% below its all-time high. 

XRP Price Drops as ETF Demand and Ripple USD Growth StallsThe XRP token has dropped sharply this year, underperforming top coins like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). 

ETF data shows that demand for its funds has continued to wane this year. Funds tracking the token had over $3.27 million this month so far, down from the $27 million they added last month. At their peak, these funds had over $131 million in inflows in May this year.

XRP ETFs have had over $1.51 billion in cumulative inflows, with the current net assets being $933 million. The biggest funds are by companies like BitWise, Franklin, and Canary. 

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The fading demand for XRP ETFs is a sign that demand from American institutional and retail investors has faded as the crypto winter has continued. 

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Further data shows that demand for the Ripple USD stablecoin has continued to wane this month. The stablecoin, which is crucial to Ripple’s growth, has waned recently, with the market capitalization falling to $1.71 billion from the year-to-date high of $1.81 billion. 

XRPScan data shows that the XRP Ledger’s growth has also slowed in the past few months. The number of active accounts, transactions, and fees have dropped. According to DeFi Llama, the total value locked in its ecosystem has dropped to $29 million from a record high of $115 million. Its chain fees dropped to just $48,120 in the first quarter from $1.4 million at its peak in the fourth quarter of 2024. 

XRP Technicals Point to Further DownsideThe daily chart shows that the XRP price could be at risk of further downside in the near term. It has been forming a descending triangle pattern and has now moved below the lower side. This pattern normally leads to more downside over time.

The token has also dropped below the 50-day Exponential Moving Average (EMA), while the Relative Strength Index (RSI) has dropped below 50 and pointed downwards in the past few months.

Therefore, there is a risk that the token will continue falling, potentially to the psychological level of $0.50. A bullish reversal will be confirmed if it moves above the 200-day moving average level of $1.3514.

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