Track market-moving stories before they get noisy

The price of XRP continued to hover around the crucial $1 mark after recording its weakest daily close since November 2024. While some investors viewed this as a potential warning sign, large-scale holders, known as whales, increased their buying activity during the market downturn. However, analysts emphasized that a clear bottom has yet to form as traders monitor for further declines to lower support zones.

Whale Accumulation Increases Amid DeclineOn-chain analyst Ali Martinez indicated that whale wallets acquired more than 72 million XRP in the past 24 hours, following a significant correction from the January 2025 high of nearly $3.30. The token has declined approximately 69% from its peak, yet whale accumulation suggests growing confidence among large investors, even in the absence of an established price floor.

Within the last 24 hours, whales purchased over 72 million tokens. This activity comes after XRP dropped 69% from its recent peak, highlighting active accumulation without confirmation of a market bottom.

According to blockchain analytics platform Santiment, the number of wallets holding at least 1 million XRP has increased by 32 over the past three months. Despite the rise in substantial balances, XRP’s overall market capitalization fell by 29% during the same period.

Weekly data showed that large holders accumulated over 380 million XRP in the week of August 9, bringing their collective balance above 8 billion XRP. At prevailing prices, this represented approximately $8.2 billion in value.

Network and Exchange ActivityData from CryptoQuant revealed that, on August 3, roughly 81% of the XRP transferred from Binance was sent to wallets categorized as large holders. For other centralized exchanges, the figure reached 72%, underlining strong ongoing accumulation by major participants.

Santiment also reported that daily active addresses on the XRP Ledger averaged 35,700 in August, compared to 26,400 in July. Activity peaked on August 11, reaching the highest level since early June. Meanwhile, the creation of new addresses stayed steady, with an average of about 2,260 new addresses generated daily in August.

Mini dictionary: CryptoQuant is a blockchain data analytics platform that tracks on-chain metrics, exchange flows, and wallet behaviors to provide insights into cryptocurrency markets.

Technical Structure and Key LevelsCrypto trader Diana charted XRP within a descending technical structure originating from its high of $3.66. Her analysis placed prices between the $1 and $1.004 Fibonacci support levels, with no signs yet of a reversal pattern. The next technical support level is at $0.87, followed by a lower zone between $0.77 and $0.80, which aligns with an ascending trendline.

According to Diana, this lower zone may signal the end of a broader correction if held; however, a breakdown could undermine the potential for a reversal. Any upward move would first need to overcome resistance at $1.46 and $1.57, with higher targets at $1.97 and $2.37 required to reestablish bullish momentum.

LevelSupport/ResistanceDescription$1.00SupportPsychological and current support$0.87SupportNext charted technical support$0.77-$0.80SupportLower ascending trendline zone$1.46-$1.57ResistanceInitial recovery targets$1.97-$2.37ResistanceHigher levels for bullish confirmationCurrently, the XRP price continues to trade slightly above $1, as traders and analysts await clearer signals of a bottom. Whales have expanded their positions and network activity remains elevated, but the number of new participants has not shown significant change. Confirmation is still needed before any sustained recovery can be confirmed.

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

Bitcoin (BTC) trades below $63,000 on Friday, projecting a downside bias as selling pressure resurfaces. Ethereum (ETH) and Ripple (XRP) also take a bearish path, risking a drop below the 50-day Exponential Moving Average (EMA) at $1,856 and the $1.00 psychological support, respectively. The technical outlook for BTC, ETH, and XRP is bearish, with downside momentum building.

Technical outlook: Will Bitcoin's price drop to $60,000?Bitcoin maintains a bearish near-term bias as the price drops below $63,000, capped below the 50-day Exponential Moving Average (EMA) at $64,453 and the 200-day EMA at $73,089. The King Crypto is also trading below the broken upward support trendline around $63,982, suggesting an increase in downside pressure.

Momentum is soft, with the Relative Strength Index (RSI) at 42 and the Moving Average Convergence Divergence (MACD) declining into the negative territory, hinting that downside pressure persists.

The immediate support for BTC lies at the July 6 low of $61,307, guarding the downside to the July 1 low at $57,800.

BTC/USDT daily price chart.On the upside, a potential rebound in BTC could face resistance at the broken trendline near $63,982, followed by the 50-day EMA at $64,453.

Altcoins technical outlook: Ethereum and XRP risk steeper declineEthereum is trading around $1,873, holding marginally above the 50-day EMA at $1,865, with support from a rising trendline near $1,870. In addition, the 23.6% Fibonacci retracement, measured over the recent upswing from $1,512 to $1,981, at $1,870 supports the 50-day EMA.

From a technical perspective, a decisive close below this cluster could trigger a bearish reversal, with the 50% retracement at $1,746 as the next support level.

Momentum is mixed, with the RSI at 49 hovering around the neutral zone, the MACD and signal line in a downtrend, and a steady negative histogram, suggesting neutral-to-bearish pressure.

ETH/USDT daily price chart.Looking up, a descending trendline near $1,919 guards the way toward the cycle high anchor at $1,981. A sustained break above that broader zone would shift the near-term bias back toward a more decisively bullish stance.

XRP hovers around $1.0075, extending a bearish bias as price holds beneath both the 50-day EMA at $1.0876 and the 200-day EMA at $1.3598. The altcoin has maintained a steady downward trend over the last two weeks, approaching the $1.0000 psychological threshold.

Momentum remains weak, with the RSI near 36, reflecting firm bearish pressure, while the MACD and signal line decline further into negative territory, reaffirming persistent downside pressure.

Looking down, a slippage below the S1 Pivot level at $0.9945, followed by the S2 Pivot level at $0.9271.

XRP/USDT daily price chart.On the topside, initial resistance emerges at the 50-day EMA around $1.0876. A sustained breakout above this short-term moving average could signal a bullish shift.

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

Two of the most recognized names in crypto are testing their holders’ patience. XRP and Cardano have both spent years building infrastructure, chasing institutional adoption, and shipping upgrades, and both are still trading at a fraction of the prices they hit in previous cycles. For investors who bought either coin expecting the next leg up, the wait has stretched into something closer to a holding pattern with no clear exit, even as the projects themselves keep functioning exactly as designed underneath.

That gap between activity and price is exactly what’s pushing capital toward earlier-stage opportunities. When established coins with real technology can’t seem to escape their own trading history, the appeal of getting in before a coin ever hits the open market grows sharper. The BlockDAG (BDAG) presale is one of the names drawing that attention right now, not as a recovery bet, but as a ground-floor entry priced at a level neither XRP nor Cardano can offer anymore.

XRP Clings to the $1 Level
XRP remains one of the most established assets in the entire market, built around fast, low-cost cross-border settlement through the XRP Ledger, which has reliably closed tens of millions of ledgers since 2012. Ripple has continued stacking regulatory wins, a full MiCA license in Europe, an EU electronic money license, and a conditional U.S. banking charter, and institutional exposure keeps showing up in ETF filings from major banks.

Yet none of that has translated into price strength. XRP trades around $1.02, roughly 73% below its all-time high and down nearly 69% over the past year alone, clinging to the psychologically important $1 level after a prolonged slide. Regulatory uncertainty around pending legislation has kept sentiment cautious, and a ballooning circulating supply means XRP needs far more capital than before just to revisit old highs. For holders, the fundamentals keep improving while the price keeps disappointing.

Cardano Stuck Far Below Its Peak
Cardano tells a similar story from a different angle. Built on peer-reviewed research and known for its on-chain governance through the Voltaire era, ADA lets holders vote directly on protocol upgrades and treasury spending, with more than 60% of its supply staked across thousands of independent pools. The network has recently pushed toward institutional recognition, with ADA becoming eligible for spot ETF review following months of futures trading.

But the price has gone nowhere good. ADA trades near $0.18, roughly 94% below its all-time high of $3.10 set back in September 2021, and down sharply over the past year even after brief bounces. Even bullish analysts largely see ADA grinding in a narrow range rather than staging a real recovery. For anyone who bought near the top of the last cycle, Cardano has become a multi-year waiting game, and for new buyers, it means betting on a comeback that’s failed to arrive for half a decade.

BlockDAG (BDAG) Offers a Ground-Floor Entry
The BlockDAG (BDAG) presale is structured to sidestep exactly the kind of multi-year drawdown XRP and Cardano holders have endured, by locking in a defined entry price before the coin ever trades openly. Stage 1 opens at $0.002, the first of 25 stages climbing toward a $0.05 final price, with a $0.10 launch reference beyond that. At Stage 1 pricing, a $500 purchase secures 250,000 BDAG, a stake worth $25,000 if BDAG reaches its $0.10 target, a clean 50x on the original investment.

That entry point isn’t built on promises alone. The BlockDAG blockchain is already live and processing real activity, BlockDAG Casino is a working consumer product, mining hardware is actively being delivered to participants, and the BlockDAGX exchange is on its way to add trading and liquidity. A Super App is in development to unify wallets, mining, trading, and payments, and $100 million in planned launch liquidity is lined up to support trading from day one, a foundation neither XRP nor Cardano had at their own starting lines.

Why BDAG Stands Out Now
XRP and Cardano prove that established names with real technology can still trap holders far below old highs for years on end, improving fundamentals simply haven’t been enough to move either price off its floor. The BlockDAG (BDAG) presale offers a fundamentally different setup: a $0.002 Stage 1 entry, a defined 25-stage path to a $0.10 launch reference, and a $500 purchase that could turn into $25,000 at that target, all backed by a live, expanding ecosystem rather than a years-long chart of disappointment. For investors watching legacy coins struggle to escape their own history, a presale that hasn’t written that history yet is exactly the opportunity worth moving on now.

Explore BlockDAG Now:

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

Big Win for XRP Holders: On-Chain Options Arrive via Flare’s FXRP

XRP, the cryptocurrency developed by Ripple Labs as a real-time gross settlement system token, is experiencing a notable increase in network activity even as the influx of new users remains limited. Analysts are closely monitoring the divergence between rising transaction activity and stagnant user growth as XRP trades at $1.01, close to its recent lows.

Sharp rise in daily active addressesMarket analyst Xaif Crypto reported that daily active addresses on the XRP Ledger network surged by 35% in August, reaching an average of 35,700 per day compared to 26,400 in July. This spike reflects intensified engagement among existing users, as transactions, token transfers, and interactions within the XRP ecosystem have all accelerated.

Despite this growth in activity, data shows new addresses on the network have remained stable, averaging 2,260 per day. The limited rise in newly created addresses points to a situation in which established participants continue to drive network usage while few fresh entrants join the XRP ecosystem.

This dynamic is important, as higher active addresses often suggest stronger network utility, but without a corresponding increase in new addresses, it may not signal expanding adoption or influxes of new capital.

Stagnant new-user growth raises concernsThe gap between a busy network and flat new-user numbers has raised questions about the long-term growth potential of XRP. While current users are conducting more transactions, there is little evidence that external interest in XRP is gaining momentum.

Large, sudden increases in network activity can look bullish, but if new wallets are not being created, it could suggest the network is not capturing wider adoption beyond its core base.

A significant increase in both active and new addresses would indicate robust ecosystem expansion. However, the current stagnation in new-user growth tempers optimism around network metrics.

Whale accumulation despite weak priceSeparate data from blockchain analytics firm Santiment shows the number of wallets holding at least 1 million XRP rose by 32% in the past three months, even as XRP’s overall market capitalization declined. This behavior suggests that large holders, often referred to as “whales,” may be using the current weakness in price and network expansion as an opportunity to accumulate more tokens.

The result is an unusual environment: whales are buying, established users are more active, but few new participants are entering the ecosystem. This pattern has led some analysts to suggest that the next critical signal for XRP might be growth in new addresses rather than raw increases in transaction activity.

If new user signups accelerate while existing network usage stays high, XRP could see a stronger case for renewed price momentum and broader adoption. Until then, the network remains busy, but its community is not visibly expanding.

Ripple Labs, the company behind XRP, provides enterprise blockchain solutions and aims to facilitate fast, cost-effective cross-border payments using the XRP Ledger.

Mini dictionary: XRP Ledger (XRPL) is a decentralized blockchain network built to enable fast, secure, and scalable transfers of XRP and other tokenized assets. It operates as the foundation for the XRP cryptocurrency, supporting decentralized exchange and financial applications.

MetricJulyAugustChangeDaily Active Addresses26,40035,700+35%New Addresses (Daily)~2,260~2,2600%Wallets ≥1M XRP (3 months)–+32%+32%XRP Price–$1.01–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.

The XRP Ledger's decentralized exchange is seeing a pickup in activity. Weekly DEX volume climbed 45% to $19.89 million, while daily transactions approached 3 million in the latest 24-hour window, with 48,403 active addresses recorded on the network.

Onchain Trading Still a Fraction of Total Volume Despite the uptick, XRPL's onchain trading remains a small slice of its overall market footprint. DEX activity accounts for roughly 0.04% of total $XRP volume when measured against centralized venues, underscoring how dominant exchange-based trading continues to be for the asset.

DeFi total value locked (TVL) on the ledger sits at $29.97 million, according to DefiLlama data. That figure is down sharply from a peak of nearly $120 million reached in July 2025, reflecting a broader pullback in locked liquidity even as transaction counts hold near multi-month highs.

Stablecoin Supply Nears $920 Million, RLUSD Dominant One area where XRPL continues to show structural growth is stablecoins. The chain's total stablecoin supply stands at $920 million, with Ripple's RLUSD accounting for 88% of that figure. DefiLlama data shows RLUSD dominance on XRPL at 88.39%, with the chain's stablecoin market cap near $925 million. The stablecoin's rapid rise tracks a broader expansion: supply on the XRP Ledger more than doubled since December 2025, reaching $568 million as of March before continuing higher.

The fee picture illustrates just how low-cost the network remains. Those 2.96 million daily transactions generated only $333 in chain fees over the same period, with app-level fees reaching $26,874, per DefiLlama. XRPL supports native tokenization through built-in ledger objects and includes a built-in decentralized exchange that automatically provides order-book-based liquidity for issued tokens. That low-cost design has helped the ledger attract stablecoin issuers and institutional settlement flows, even as DeFi TVL has yet to recover to prior highs.

The gap between XRPL's stablecoin footprint and its DeFi TVL points to a network where capital sits largely in transit or custody rather than deployed into lending or liquidity pools. Whether rising DEX volume and transaction counts can close that gap remains a key question for the ledger's onchain economy.

Sources
DefiLlama: XRPL Chain Overview (TVL, Fees, Stablecoins)
Bitcoin Foundation: 5 Major XRPL Changes in 2026

XRP Ledger has added 32 new millionaire addresses in the past three months, according to data from blockchain analytics firm Santiment, defying the prevailing negative sentiment in the wider market.

XRP price and network activityDespite a 29% decline in XRP’s price during the same period, the number of high-value holders continues to climb. Santiment also indicated that XRP’s price recently hit its lowest level since 2024, testing a significant demand zone at $1.

Activity on the XRP Ledger has also surged, with a 33% increase in transaction count. On August 11, 2026, the network recorded its highest daily activity in six months, processing approximately 35,700 transactions per day, a sharp rise compared to July’s daily average of around 26,400.

While the price of XRP fell 29%, network activity on XRP Ledger jumped 33% in three months, hitting its busiest day in half a year on August 11, 2026.

However, this increase in transactions appears to stem primarily from existing XRP holders rather than new wallet creation. The data suggests that current investors are becoming more active, signaling ongoing engagement and possibly a shift toward a long-term holding strategy.

Trading volumes and market sentimentOn the technical front, XRP has remained within a falling wedge pattern between $1 and $3, typically suggesting a potential for future volatility. Analysts continue to watch closely to determine whether XRP will break upward or downward from this formation. Spot trading volumes remain relatively muted, with XRP posting $858 million in volume over a recent 24-hour period, according to CoinGecko.

Futures market activity paints a more dynamic picture. Leveraged traders drove $1.49 billion in 24-hour trading volume, heavily skewed toward long positions. However, the majority of liquidations affected bullish bets, with $1.77 million from a total of $1.85 million wiped out on the long side. The long-to-short ratio across the market now stands at 0.92, indicating more traders are wagering against a price increase.

MarketLong/Short Ratio24h Futures VolumeDaily Liquidations (Longs)Global0.92$1.49 billion$1.77 millionBinance3.0225N/AN/AIn contrast, Binance, one of the world’s leading cryptocurrency exchanges, recorded a significantly higher long-to-short ratio on XRP at 3.0225, suggesting greater bullish sentiment among its users. CoinGlass, a platform specializing in derivatives market data, provided these figures, indicating varying sentiment across exchanges.

Santiment’s report links the growth in high-value wallets to possible optimism over ongoing regulatory developments and potential for broader XRP adoption.

Ripple, the US-based technology company behind XRP, continues to support legislative initiatives such as the CLARITY Act. The bill is expected for consideration in mid-September and could deliver clearer regulatory guidance for digital asset markets.

Mini dictionary: CLARITY Act, a proposed US legislative bill aimed at clarifying the regulatory status of digital assets and offering a standardized framework for crypto 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.

Source: Binance EN

Disclaimer: In compliance with MiCA requirements, unauthorized stablecoins are subject to certain restrictions for EEA users. For more information, please click here. This is a general announcement and marketing communication. Products and services referred to here may not be available in your region.
Fellow Binancians,
From 2026-08-14 00:00 (UTC), Binance will launch an airdrop campaign rewarding all eligible users who hold Ripple USD (RLUSD) on our platform. Eligible users will share rewards from a grand prize pool of 1 million XRP tokens.
XRP will be distributed as weekly rewards to RLUSD holders every Friday.
Campaign Period: 2026-08-14 00:00 (UTC) - 2026-09-11 00:00 (UTC)
How to Participate:
Eligible users must hold RLUSD in balance (net assets), in any of the following account categories on Binance:
Earn Account (RLUSD in Flexible Savings);Margin Account (RLUSD in Cross Margin, Isolated Margin, or Portfolio Margin);
Eligible users will have to maintain at least 0.01 RLUSD in their Earn or Margin Accounts, and an average daily Margin or Futures trading volume of at least $500 on any trading pairs to qualify for rewards during the Reward Period.
Qualifying Trading Volume: $500 in Margin or Futures trading volume can be in any tokens, as long as users are using RLUSD as collateral.
RLUSD acquired by borrowing the other stablecoins will receive a haircut of 60%, after accounting for liabilities in Margin Accounts from other stablecoins, including USDT, USDC, U, USD1, and FDUSD.
Campaign Details:
Prize Pool: 1 million XRP tokens will be distributed over 4 weekly installments. Distribution: Rewards will be airdropped directly to eligible users’ Spot Accounts of their Binance master accounts. Distribution Frequency: Weekly airdrops during the Campaign Period.
Reward Distribution:
Rewards start accruing from 2026-08-14 00:00 (UTC). Weekly rewards will be distributed by 18:00 (UTC) every Friday in XRP tokens. Distribution records can be found in Distribution history.
The Weekly Reward Amount will be roughly calculated as follows:
Qualifying Balance of each day = the lowest RLUSD balance recorded across all hourly snapshots for that day.Weekly Rewards = (7-day average of the Qualifying Balance * Effective APR on the distribution day * 7) / 365
After each weekly distribution, the effective APR for that period will be updated in this announcement. In determining the effective APR on the distribution day, Binance will take into account a number of factors, including, without limitation:
Lowest balance of the snapshots each day;The daily aggregated amount of Qualifying Balances across all eligible holders of RLUSD;7-day average across all eligible holders of RLUSD
For RLUSD acquired through borrowing other stablecoins:
Eligible balance in Margin Account = RLUSD Balance Before Leverage + Leveraged Amount * (1 - 60%):
RLUSD Balance before Leverage = MAX [RLUSD Balance in Margin Account - Margin Account Liabilities of the Other Stablecoins, 0] Leveraged Amount = RLUSD Balance in Margin Account - MAX [RLUSD Balance in Margin Account - Margin Account Liabilities of the Other Stablecoins, 0]
Note: ”Other Stablecoins” include USDT, USDC, U, USD1, FDUSD.
PeriodEffective APRXRP Token Value1st Distribution on 2026-08-21Reward Period: 2026-08-14 00:00 (UTC) to 2026-08-21 00:00 (UTC)To be updated on 2026-08-21To be updated on 2026-08-212nd Distribution on 2026-08-28Reward Period: 2026-08-21 00:00 (UTC) to 2026-08-28 00:00 (UTC)To be updated on 2026-08-28To be updated on 2026-08-283rd Distribution on 2026-09-04Reward Period: 2026-08-28 00:00 (UTC) to 2026-09-04 00:00 (UTC)To be updated on 2026-09-04To be updated on 2026-09-044th Distribution on 2026-09-11Reward Period: 2026-09-04 00:00 (UTC) to 2026-09-11 00:00 (UTC)To be updated on 2026-09-11To be updated on 2026-09-11
Case examples:
User A holds 10,000 RLUSD as collateral in Margin throughout week 1, trades a total of $7,000 qualifying trading volume in Margin throughout week 1. Effective APR is 20%, User A's rewards due to be received at the end of week 1 will be as follows:$7,000 / 7 = $1,000 > $500, qualify for rewards. (10,000 * 20% * 7) / 365 = 38.35 USD worth of XRPUser B borrowed 5,000 RLUSD from VIP loan or Margin, which is treated as a “liability”. Among this borrowed 5,000 RLUSD, 4,000 RLUSD was used as collateral in Margin, the remaining 1,000 RLUSD was held in their EARN Account in week 1. The effective APR is 20%, User B’s rewards due to be received at the end of week 1 will be as follows:Qualifying Balance = 0 [(0 * 20% * 7) / 365] = 0 USD worth of XRPUser C traded a total of $7,000 qualifying trading volume in Margin throughout week 1. The user had 1,000 RLUSD in the Margin Account and used it as collateral to borrow 4,000 USDT through Margin (“Liabilities of the other Stablecoins”), then converted this 4,000 USDT to RLUSD. The user therefore holds 5,000 RLUSD in the Margin Account (“RLUSD Balance”) during week 1. The effective APR is 20%, User C’s rewards due to be received at the end of week 1 will be as follows:$7,000 / 7 = $1,000 > $500, qualify for rewards. Qualifying Balance = MAX [5,000 - 4,000, 0] + {5,000 - MAX[5,000 - 4,000, 0] } * (1 - 60%) = 1,000 + (5,000 - 1,000) * (1 - 60%) = 2,600(2,600 * 20% * 7) / 365 = 9.97 USD worth of XRP
Important Notes:
Users may not be eligible for rewards if there are active restrictions on their accounts.Sub-account trading volume and balances are aggregated at the Master Account level for calculation, and rewards are distributed only to the Master Account. For Broker accounts, the rewards will be distributed to virtual sub-accounts. Users’ RLUSD Qualifying Balance will be calculated as net assets (assets minus liabilities). RLUSD as liabilities (e.g., borrowed from VIP loans, Margin loan, etc) will be excluded from the Qualifying Balance for this campaign. Snapshots of user balances and total qualifying balances will be taken at any time during each hour to get users’ hourly balances in the above mentioned account categories. The lowest RLUSD balance captured during those snapshots on each day will constitute their Qualifying Balance and be used to calculate their rewardsFor example, a user’s lowest RLUSD balance captured on day 1 is zero, then their qualifying balance for that day is zero. At any snapshot time, any one of users’ supported assets must be greater than 0.01 RLUSD to be included in the calculation.Users are recommended to maintain their RLUSD holding throughout the Campaign Period to maximize their rewards. Qualifying Trading Volume is rounded up to the nearest whole number. If all of a user’s qualifying trading volume is recorded under a sub-account, and that sub-account is deleted on a given day, then the user’s qualifying trading volume for that day will be treated as zero.Rewards distributed are rounded down to 2 decimal places. Kindly note that the distribution time is not guaranteed and may change from time to time.There is no individual cap on rewards. Users’ rewards depend on their qualifying balance relative to the total qualifying balance of all eligible users and other factors.Stay tuned for weekly reward distributions and updates on the Campaign.
Terms and Conditions:
Users may not be eligible for rewards if there are active restrictions on their accounts.XRP token value for airdrop distribution will be based on the official Binance market closing price on the day before the airdrop distribution date.Snapshots of user balances and total pool balances will be taken multiple times at any point of time each hour to get users’ hourly balances in the abovementioned account categories. The lowest RLUSD balance captured during those snapshots on each day will constitute the user’s Qualifying Balance and be used to calculate their rewards.At any snapshot time, a user's balance must be greater than 0.01 RLUSD to be included in the calculation.Broker accounts are eligible for this campaign. Binance reserves the right to periodically update the rules to accommodate changes in legal, regulatory, or other factors.Users must complete account verification (KYC) and also be from an eligible jurisdiction to participate in the campaign. Currently, users residing in the following countries or regions will not be able to participate in the RLUSD campaign (notwithstanding that they may hold RLUSD): Åland Islands (Finland), Austria, Belgium, Bulgaria, Canada, Crimea (Ukraine – disputed territory), Croatia, Cyprus, Czech Republic, Denmark, Democratic People’s Republic of Korea, Donetsk People’s Republic, Estonia, Faroe Islands, Finland, France, French Guiana, Germany, Gibraltar, Greece, Guadeloupe, Guernsey, Hungary, Iceland, Ireland, Isle of Man, Islamic Republic of Iran, Italy, Japan, Latvia, Liechtenstein, Lithuania, Luhansk People’s Republic, Luxembourg, Malta, Martinique, Mayotte, Netherlands, Norway, Poland, Portugal, Republic of Cuba, Réunion, Romania, Russian Federation, Saint Martin (French part), Slovakia, Slovenia, Spain, Sweden, United Kingdom, United States of America and its territories.Please note that the list of excluded countries provided here is not exhaustive and may be subject to changes due to evolving local rules, regulations, or other considerations. This list may be updated periodically to accommodate changes in legal, regulatory, or other factors.Binance reserves the right to disqualify a user’s reward eligibility if the account is involved in any dishonest behavior (e.g., wash trading, illegally bulk account registrations/logins, self dealing, or market manipulation). Binance further reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this Promotion, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all Participants shall be bound by these amendments.Binance reserves the right to suspend any user's Margin borrowing at any time, without prior notice, in its sole discretion, if any abnormal or suspicious activity is detected.There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Thank you for your support!
Binance Team
2026-08-14
Trade on-the-go with Binance’s crypto trading app (iOS/Android)
Find us on
TelegramWhatsAppXFacebookInstagramDiscord
Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
Disclaimer: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. The APR is calculated weekly, and is expressed as an annualised percentage yield for illustrative purposes only. Each APR is not indicative of future results. The APR is likely to fluctuate week-to-week and the estimated rewards may differ from the actual rewards generated. APR is an estimate of rewards you will earn in cryptocurrency over the selected timeframe. It does not display the actual or predicted returns/yield in any fiat currency. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use, and our Risk Warning. To learn more about how to protect yourself, visit our Responsible Trading page.

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.

This site is protected by reCAPTCHA.

Bitcoin continues to trade sideways as July CPI and PPI data match expectations, failing to provide a catalyst for a fresh rally.

CryptocurrencyTickerPriceBitcoin(CRYPTO: BTC)$63,146.92Ethereum(CRYPTO: ETH)$1,875.31Solana(CRYPTO: SOL)$75.70XRP(CRYPTO: XRP)$1.01Dogecoin(CRYPTO: DOGE)$0.06983Shiba Inu(CRYPTO: SHIB)$0.054425Notable Statistics:

Coinglass data shows 74,736 traders were liquidated in the past 24 hours for $232.50 million.        SoSoValue data shows net outflows of $61.2 million from spot Bitcoin ETFs on Wednesday. Spot Ethereum ETFs saw net inflows of $7.4 million. In the past 24 hours, top gainers include Bitway, OKB and Cosmos Hub. Notable Developments:

Crypto’s ‘Revenue Revolution’ Could Double HYPE, UNI, AAVE Valuations, Bitwise Exec Says Bitcoin Ignores Good Inflation Data as Demand Stays Absent: What’s Going On? Bitcoin Bear Market Bottom in Sight? The Next 60 Days Are Key, Analyst Says XRP Network Activity Is Rising but User Growth Stalls: What Is Going On? Ethereum Sentiment Turns Positive but Beware a Final Leg Lower, Analysts Warn Are Bitcoin ‘OGs’ Turning Bullish Again? Yes, but There’s a Catch Trader Notes:

Trader KillaXBT predicts Bitcoin could still fall to the $48,000 to $52,000 historical bear market support zone over the next 1.5 months.

However, if BTC avoids that range through October or November, the analyst believes the cycle bottom is likely already in.

Rekt Capital noted Bitcoin’s 200-week SMA provided strong support and fueled a relief bounce in July, as expected. But, buying pressure around the level has weakened in August, suggesting the key support may be starting to fail and increasing downside risk.

Image: Shutterstock

Market News and Data brought to you by Benzinga APIs

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

To add Benzinga News as your preferred source on Google, click here.

A recent XRP market exposition highlights the good, the bad, and the ugly aspects of XRP’s current price situation.

XRP has remained under pressure as the broader crypto market struggles, down 45% this year. Amid the decline, market analyst CryptoInsightUK recently assessed XRP’s current position by looking at the good, the bad, and the ugly sides of its price situation.

The Bad: XRP Could Face More Downside For the bad side, CryptoInsightUK assessed XRP’s open interest and leverage. Notably, lower-timeframe liquidity heat maps show about 7% downside from current levels. A drop to around $0.89 could remove roughly $157 million in long positions through liquidations.

Also, the daily timeframe presents a wider downside range of 15% to 22%-23%. The market analyst considers the 15% target more likely, which would put XRP near $0.85. 

Volume | Source: CryptoInsightUK A full sweep of the 22%-23% liquidity could take the price toward $0.77. He also noted that markets take liquidity about 80% of the time, although some liquidity can remain untouched.

XRP’s price structure also adds to the bearish case, as the token continues to form lower highs and lower lows. The first major area sits around $0.93, or about 7% below the current level. 

This area previously acted as resistance, including around the period when Judge Torres ruled that XRP was not a security and before the 2022 bear-market capitulation.

He also identified $0.75 as another important support level, representing roughly a 25% decline, while $0.66 could mark a worst-case 35% drawdown. However, his preferred downside target remains between $0.88 and $0.925 because liquidity sweeps can push price slightly below the actual liquidation zone.

The Ugly: XRP Could Underperform Bitcoin and Ethereum In the ugly aspect, CryptoInsightUK compared XRP with other major cryptocurrencies. Against Ethereum, XRP could record a possible 13% decline toward the first major support area. 

A deeper move could produce a 49% decline, potentially closing fair-value gaps and reaching the order block that appeared before XRP’s previous expansion.

XRP Against Ethereum However, this does not necessarily mean XRP must fall that much in dollar terms. Ethereum could simply outperform while XRP moves sideways. 

Another possibility is that ETH rises while XRP declines. For example, if ETH gains 25% while XRP falls 25%, the difference between their performances would be roughly 50%.

XRP could also lose ground against Bitcoin. CryptoInsightUK sees room for a decline of about 26% toward an earlier order block. A deeper move toward 0.00001 would represent roughly a 37% loss against Bitcoin. The 0.00003 area has also remained an important resistance level since around 2019-2020.

XRP Against Bitcoin Another concern is XRP’s dominance. CryptoInsightUK believes the chart may have completed a Wyckoff accumulation pattern and then formed a bull flag or descending-wedge consolidation. However, XRP dominance recently broke below the structure. A deeper 43% decline could push dominance toward 1.6%.

Meanwhile, XRP’s open interest has increased by roughly $400 million to $500 million from its recent lows. Funding rates can help indicate whether traders have added more longs or shorts, creating the potential for forced selling or buying if the price moves suddenly.

The Good: Massive Upside Potential In the bullish case, CryptoInsightUK highlighted liquidity above XRP. According to him, XRP would need to rise at least 197% to reach the nearest major upside liquidity area. Another liquidity target could require a gain of as much as 330%.

The analyst also noted that a move to $1.48 could liquidate about $727 million in leveraged XRP short positions. Such a squeeze could create additional buying pressure if XRP begins moving higher.

XRP Liquidity Another bullish signal comes from XRP’s weekly RSI. The indicator entered oversold territory only for the second time in XRP’s history. The previous occurrence preceded a gain of about 1,085%. If XRP repeated that performance, the price could reach roughly $11.

Weekly RSI Regarding the monthly RSI, the 44-47.5 range has historically marked important XRP price lows, yet the indicator has now fallen to around 40, its lowest reading on record. Previous bear-market lows occurred near $0.32, $0.16, and $0.004 before XRP eventually entered the overbought zone on the monthly RSI.

Historical gains from those cycles ranged from about 1,000% to as much as 86,000%. CryptoInsightUK expects the next major Elliott Wave move to include a third wave and says his current wave count would require at least a 600% increase. He uses a more conservative 1,000% gain as a possible reference point.

He also expects XRP to eventually retest its previous all-time highs against Bitcoin, Ethereum, and XRP dominance. If the broader setup plays out, Fibonacci analysis points toward a target near $14, with the possibility of a larger blow-off move above that level.

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.

A sweeping new regulatory landscape in the European Economic Area (EEA) has left most stablecoin issuers grappling with challenges, with Circle and Société Générale-Forge emerging as clear beneficiaries. According to data from the European Securities and Markets Authority (ESMA), just nine out of approximately 23 electronic money token (EMT) issuers in the region have secured both EMT and crypto-asset services provider (CASP) authorization under the newly enforced Markets in Crypto-Assets (MiCA) regulation.

Custody restrictions hinder service offeringsThe majority of European stablecoin issuers lack permission to hold custody of their own tokens on behalf of clients, significantly narrowing the suite of services they are able to provide. This regulatory bottleneck, driven by the incomplete rollout of full MiCA authorization, has forced 14 issuers into a tight corner, limiting their commercial operations in the B2B space.

Patrick Hansen, Head of EU Strategy and Policy at Circle, noted the surprising lack of action from competitors, stating that many issuers did not respond proactively to the new requirements. He highlighted that, as a result, Circle and Société Générale-Forge, the primary issuers of USDC and EURC, have gained a strategic edge over rivals, especially in capturing institutional capital.

Most stablecoin issuers in the EU cannot provide custody of their own tokens on behalf of clients. This severely limits the range of services they can offer, with only a few players positioned to benefit from this fragmentation.

For retail users of euro stablecoins, these developments have had little effect. Individuals can freely move tokens between their non-custodial wallets. However, corporate clients face significant barriers, as issuers without CASP approval are not allowed to provide custody services or process automated payouts for businesses.

Delays and forced alliances shape the marketLaunching B2B services requires issuers to complete a notification process under Article 60 of MiCA, which often takes several months to a year in key jurisdictions like France and Luxembourg. Rather than waiting for lengthy compliance reviews, many issuers have started to rely on third-party regulated platforms, sparking a wave of strategic partnerships within the sector.

A prime illustration is the EURØP stablecoin from Schuman Financial, which holds EMT status but lacks CASP authorization. To overcome this restriction, Schuman Financial has integrated its stablecoin directly into the XRP Ledger blockchain and utilizes the European MiCA CASP and EMI licenses of Ripple, enabling it to offer legal custody and transfers in 30 European countries.

This environment has accelerated the formation of B2B alliances, as issuers unable to manage their assets independently must seek partnerships with entities holding the necessary regulatory permissions.

Market participants expect the regulatory imbalance to persist in the near term. The slow pace of MiCA compliance, particularly across major European markets, means that Circle and Société Générale-Forge are set to maintain their competitive lead for months to come.

B2B landscape rapidly tokenizes real-world assetsMeanwhile, as issuers adjust strategies in response to the custody lockout, new platforms are transforming how institutional clients manage financial assets. Rather than depending on traditional processes with intermediaries, a shift is underway as Wall Street increasingly adopts Web3 technologies. Investors now use platforms such as 1stepSwap to hold shares of major US companies, as well as gold and silver, directly in their crypto wallets. By tokenizing real-world assets and enabling instant market price optimization, these solutions eliminate the need for middlemen.

Until the compliance processes conclude and the sector returns to regular product competition, Circle and Société Générale-Forge are expected to retain a distinct advantage in attracting institutional inflows within the EEA.

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

XRP, the native token of the XRP Ledger, has attracted renewed attention from institutional investors, despite recently marking its lowest daily close amid sharp price declines. New data indicates that funds offering XRP exchange-traded fund (ETF) products have continued accumulating the digital asset, locking significant amounts out of general circulation.

XRP ETF accumulation surpasses 990 millionThe most recent figures from an ETF tracker show that seven XRP ETFs have collectively secured approximately 992.5 million XRP as of Thursday, August 13. This accumulation comes during a period marked by heightened volatility and a persistent downtrend in XRP’s market price.

Asset managers providing these ETF products have seen consistent growth in their holdings, despite a low or stagnating daily trading volume. In total, net inflows into all existing XRP ETFs have reached $1.51 billion, a figure highlighting sustained interest in XRP among institutional participants.

MetricValueTotal XRP locked in ETFs992.5 million XRPTotal net ETF inflows$1.51 billionNumber of XRP ETFs7Momentum slows amid market volatilityRecent trading sessions have shown a noticeable slowdown in momentum for XRP ETFs. During the last session, net inflows were reported at $0, indicating an absence of new capital being added to the products. Despite this stagnation, the overall assets under management remain substantial, pointing to resiliency among current investors.

With XRP’s price revisiting multi-year lows, fund managers appear to be maintaining their existing positions rather than actively expanding them. The persistence of already large holdings highlights a wait-and-see approach as the market searches for signs of renewed activity or reversal in price trends.

Investor demand drives narrative shiftLarge XRP transactions are typically associated with Ripple, a US-based fintech company known for developing payment solutions using blockchain technologies. Such movements often fuel speculation about their implications for XRP’s price and supply dynamics.

However, the recent accumulation of nearly 1 billion XRP through ETF products marks a notable departure from this pattern. Institutional demand, rather than direct action from Ripple, has been the driving force behind the token lock-ups, contributing to what some view as a more optimistic outlook for XRP’s adoption within ETF structures.

This shift has altered discussions in the community, as debates about Ripple’s influence take a backseat to conversations around growing investor interest in regulated XRP investment vehicles.

Mini dictionary: XRP ETF, an exchange-traded fund that tracks the price of XRP, enabling institutional or retail investors to gain exposure to XRP through regulated traditional markets without directly holding the asset.

Growing accumulation of XRP in ETF products has prompted a bullish narrative, as these inflows are being driven by institutional investor demand rather than direct action by Ripple.

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.

ILLUSTRATION - 11 August 2025, Baden-Württemberg, Rottweil: The cryptocurrency XRP can be seen on the display of an iPhone in the crypto trading platform Koingecko. Photo: Silas Stein/dpa (Photo by Silas Stein/picture alliance via Getty Images)

dpa/picture alliance via Getty Images

"XRP just went below $1," the crypto account @cometwtf wrote on X on August 11. "The first time this has happened since 2024." Ripple's token printed $0.9915 at 14:00 UTC that day on Binance, about 72% below the $3.65 record it set on July 17, 2025.

'$XRP Needs To Stay Above $1'"$XRP needs to stay above $1 otherwise things could get real ugly if it breaks $1 support," the trader @XRPcryptowolf posted on August 7, four days early.

"$XRP drops below $1 for the first time since Nov 2024 and it's not looking good," wrote another holder, @Finnajith, on August 12. The last daily close under a dollar was $0.8922, on November 15, 2024.

"$XRP just fell below $1 for the first time since November 2024," the trader @Yuriy_Biko posted nine minutes before that. XRP changed hands at $1.006 on August 13.

At the August 11 low it was worth less than RLUSD, Ripple’s own dollar stablecoin. I had flagged $1 as the level to watch in April.

MORE FOR YOU

'Not Currently Fully Backed'"The bridge between the TX Chain and XRP Ledger (XRPL) was exploited due to a bug in the XRPL relayer logic combined with the XRPL DefaultRipple feature," said TX, the company behind the Coreum chain, in a statement. The attacker never sent any XRP.

He moved a token between two wallets he controlled and attached a deposit memo. Twenty-eight relayers running identical code read it as money arriving.

"Other bridged assets remain fully backed, while bridged XRP currently lacks complete reserve backing," TX said. Ninety-four payments went out over 97 minutes on August 9, and the bridge wallet fell from 200,410 XRP to 493.5.

"The bridge has been halted, the vulnerability has been identified, and all potential remedies are being evaluated," the company said. It had passed internal and third-party audits before deployment, and has filed a complaint with the FBI.

Thinner books "could allow comparatively small sell orders to move the market," the XRP developer Vincent Van Code told CryptoSlate. The theft was worth about $200,000. XRP is a $63 billion asset.

'Everything Comes Down To $1.06'"Everything comes down to $1.06 for [$XRP]," the analyst Ali Martinez wrote on X on August 3. The level broke three days later.

"Hold it, and bulls can target $1.35 and $1.64," Martinez wrote. "Lose it, and the path opens toward $0.80 and potentially $0.62."

"This is not simply a correction after a strong run," Daniel Francis wrote in an August 6 analysis for Coinspeaker, after the seven US spot XRP funds took $27.29 million in July against the $666 million they gathered in their first month. "It is a structural question about whether the 2026 XRP bull thesis, built on ETF inflows, regulatory clarity, and institutional adoption, can survive contact with the data now available."

"The analytical question is no longer whether sellers are exhausted," Francis wrote. "It is whether buyers return before the $1 floor gives way on thin volume." Inflows in the week to August 8 came to $1.01 million, down 93%.

'Absorb A Growing Share'"Bridge currencies like XRP weren't actually designed to provide returns for investors," Anthony Di Pizio wrote in an August 13 analysis for The Motley Fool. "There is a good chance that stablecoins will absorb a growing share of transaction volume over time because of their more favorable qualities."

XRP lost 95% in the two years after its 2018 peak. "If the recent decline matches the magnitude of the post-2018 plunge, then XRP could eventually fall to around $0.18 per token," Di Pizio wrote.

'The Ultimate Buying Opportunity'"Larger $XRP holders are accumulating through weakness, not panic selling. That's a classic accumulation signal," @XRPcryptowolf posted on August 12. "The $XRP community won't ever give up. They're here for $5.89 and so much more."

Standard Chartered still carries $28 for 2030, six months after Geoff Kendrick cut the bank's 2026 target from $8 to $2.80. "XRP consolidates above $1 as the US Senate stalls the Clarity Act for September leaving the market to wonder if the $1 $XRP zone is the ultimate buying opportunity," @XRPcryptowolf wrote on August 8, with Polymarket putting the bill's 2026 odds at 20%.

"Remember what I told you about XRP when the bottom comes in! Don't forget," the strategist @adaora_crypto posted on August 12. XRP's low the next day was $1.0019.

TLDR

Table of Contents

Evernorth revised its private placement terms to link share issuance to XRP’s market value at closing.
Investors representing more than 95% of committed capital agreed to the new terms, including all advance funders.
The adjustment replaces the earlier $2.36 XRP reference price used when the original merger agreement was signed.
Evernorth said the revised structure could reduce the number of shares issued, increasing XRP exposure represented by each share.
The company’s XRP treasury strategy remains unchanged, while the Armada II merger is expected to close in late Q3 or early Q4 2026.

Evernorth has amended the share terms tied to its planned merger with Armada Acquisition Corp. II. The company said the change will link share issuance at closing to XRP’s market value, rather than the $2.36 XRP price used when the original agreement was signed.

Evernorth Links Share Count to XRP Price
Under the revised structure, Evernorth will calculate shares issued to private placement investors using XRP’s volume-weighted average price at closing. Investors originally subscribed at $10 per share through advance or delayed funding arrangements.

The company said the adjustment should make its capital structure reflect the value of its XRP treasury more closely when the merger closes. The mechanism can increase or reduce the number of shares depending on XRP’s market price at that time.

Investors Back Revised Transaction Terms
Evernorth said investors representing more than 95% of committed capital have accepted the new terms. All advance funders also agreed to the amendment, including investors connected to Ripple, SBI Group, Pantera Capital, Kraken, GSR and Arrington Capital.

Armada II’s sponsor will also adjust its founder shares using the same proportional approach applied to advance funding investors. Evernorth said this structure spreads the changes across key stakeholders instead of placing the adjustment on one investor group.

XRP Treasury Strategy Remains Unchanged
The company said the revised agreement does not change its XRP holdings or treasury strategy. Evernorth plans to grow XRP per share through capital allocation, treasury operations and participation across the XRP ecosystem after the proposed listing.

Evernorth expects the structure to reduce the number of shares issued at closing if XRP’s value supports that outcome. Fewer shares would divide the company’s net asset value across a smaller share count, giving each share a larger claim on the XRP treasury.

The proposed business combination with Armada Acquisition Corp. II remains subject to SEC review and standard closing conditions. Evernorth expects the deal to close in late third quarter or early fourth quarter 2026.

The company filed the revised terms in an amended Form S-4 with the SEC. Evernorth said the changes aim to align the planned public market capitalization with the value of its XRP assets at closing.

https://www.amazon.com/QUARPIMER-Ripple-Cryptocurrency-Collectors-Protective/dp/B094G1WTRV

EvernorthXRP, a Ripple-backed XRP treasury firm, has amended the terms of its SPAC merger with Armada Acquisition Corp. II. The change links the issuance of shares to the closing price of XRP rather than a fixed $2.36 reference. This adjustment in the merger terms suggests a move to align more closely with the token’s market value. The merger aims to list EvernorthXRP on Nasdaq under the ticker XRPN. The firm has indicated plans to acquire at least 473 million XRP at the merger’s inception, with previous purchases reported at an average price of $2.54 per XRP.

Advertisement

Key Takeaways EvernorthXRP’s decision appears to align share issuance more closely with XRP’s market value, suggesting potential implications for XRP’s pricing dynamics. The market’s reaction to this amendment is currently muted, with XRP-related prediction markets indicating low probability of reaching higher price levels in August. The amendment suggests a possible anticipation of price fluctuations, which may influence market participants’ expectations and behaviors. What to Watch The amended merger terms could impact XRP’s market sentiment and pricing dynamics. Key developments to monitor include any regulatory updates from the SEC that could affect XRP, as well as broader crypto market movements. Watch for any major announcements from Ripple or EvernorthXRP that could serve as catalysts for XRP’s price movement. Additionally, sustained interest in XRP from institutional investors or changes in broader market conditions could further influence the outlook.

Get live prediction-market analysis, powered by Vera. Sign up for Vera.

Term Structure

Contract Odds Δ since publish Volume 24h September 1 2026 0.5% — — View market → September 1 2026 2% — — View market → September 1 2026 0.7% — — View market → September 1 2026 5.9% — — View market → September 1 2026 6.5% — — View market → September 1 2026 1.7% — — View market →

XRP has fallen below the $1 mark for the first time in nearly two years, placing pressure on a critical technical level that traders have monitored closely. Edo Farina, a well-known cryptocurrency analyst and director of Alpha Lions Academy, highlighted that the breach of $1.05 represents a significant technical development for the digital asset.

XRP loses key support at $1.05Farina, speaking in a recent video recorded from Cyprus, described $1 as a psychological threshold, but emphasized that $1.05 had played a more crucial role as a structural support in XRP’s price chart. With this level now lost, Farina suggested that XRP may face a continued decline toward the next area of interest between $0.70 and $0.72.

Despite this bearish signal, Farina said he has placed “massive buy orders” below $1, although he did not disclose the size or specifics of those orders. He argued that, for long-term holders, small differences in entry prices—whether at $0.70, $1, or higher—might have little impact over a two-year investment horizon.

Farina explained that while $1 is significant to many investors, the $1.05 mark had actually been holding the structure together. With that area now broken, he highlighted the risk of a move down to $0.70–$0.72 but reassured long-term holders about the potential for substantial recovery over the next 24 months.

Farina encouraged investors not to focus on short-term volatility or panic at the latest drop. Instead, he recommended a dollar-cost averaging strategy, especially for those who bought XRP at much higher prices, such as $2 or $3, and remain concerned by recent swings.

Additionally, Farina advised retail traders to avoid using leverage in current market conditions. He warned that leveraged traders could become “exit liquidity” during periods of high volatility when price-sensitive news causes the majority of positions to align in one direction.

LevelStatus$1.05Lost (previous key support)$1.00Broke below (psychological level)$0.70–$0.72Next major support zoneClarity Act’s impact on XRP adoption questionedFarina addressed ongoing speculation that the proposed Clarity Act in the United States would spark a major price rally for XRP. He argued that while the legislation could be beneficial, it is unlikely to be a decisive factor for the digital asset’s broader institutional adoption.

According to Farina, market makers could use the news of the Clarity Act’s passage as an opportunity to sell into an initial surge, rather than supporting a sustained rally. He maintained that the fundamental strengths of XRP do not rely on the legislation’s outcome, citing the XRP Ledger’s permissionless design.

The analyst also noted that Ripple’s XRP holdings do not grant the company direct control over the network, as changes require approval from at least 80% of validators.

In the video, Farina stated that Russia’s central bank had tested the XRP Ledger and mentioned Ukraine’s CBDC development efforts on the Stellar network as examples of global experimentation with cross-border liquidity assets such as XRP and XLM.

Mini dictionary: Alpha Lions Academy – A cryptocurrency education and trading community led by market commentators and analysts, offering market insights and trading strategies across various digital assets.

Farina asserted that “XRP does not need the Clarity Act fundamentally,” pointing to the network’s decentralized validator structure and the lack of control by Ripple as key factors supporting its resilience and importance in the global payment landscape.

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

XRP has declined by 42% since the start of the year, despite a series of regulatory and institutional developments that were expected to bolster the cryptocurrency’s value.

Institutional access rises as legal challenges fadeFire Hustle, a crypto-focused analysis platform, highlighted that recent moves by the US Securities and Exchange Commission (SEC) to drop its appeals have removed immediate legal uncertainties surrounding XRP.

Analyst Summer from Fire Hustle also pointed out the launch of seven funds centered on XRP operating in the United States, which have reportedly attracted $1.5 billion in inflows.

These developments have improved institutional access to XRP. With both regulatory concerns and access now less prominent, market observers are turning their attention to Ripple’s evolving product strategy for XRP.

XRP’s decline in 2024 has occurred even as seven US-based funds reportedly attracted $1.5 billion in investment and SEC legal appeals were dropped. However, questions are emerging over whether Ripple’s upcoming stablecoin could further limit XRP’s primary utility by offering a less volatile means for cross-border transactions.

Stablecoin launch may impact XRP’s utilityRipple, the US-based blockchain company behind XRP, is preparing to launch RLUSD, a stablecoin pegged to the US dollar. Market commentators raised concerns that RLUSD could reduce bank demand for XRP in cross-border settlement.

Historically, XRP has served as a bridge asset, enabling banks to transact value between different fiat currencies by purchasing XRP in one currency, transferring it, and then selling it in another currency market. This system relies on banks accepting XRP’s price volatility as part of the transaction process.

RLUSD’s stable value may appeal to institutions wishing to avoid the risks of price fluctuations. Instead of using XRP for settlements, banks could opt for RLUSD, bypassing direct exposure to crypto market volatility and minimizing risk during large transactions.

Mini dictionary: RLUSD, Ripple’s planned stablecoin, is a digital asset pegged to the US dollar and designed to offer low volatility for institutional cross-border payments. Stablecoins aim to maintain a consistent value, easing concerns over price swings during settlements and providing an alternative to traditional fiat or volatile cryptocurrencies.

Should RLUSD be widely adopted, the main mandatory use case for XRP could shrink to serving as a source of transaction fees, which remain quite minimal at approximately a thousandth of a cent per transaction.

Network activity rises but token demand questionedOn-chain activity on the XRP Ledger has surged recently, with daily transactions reportedly tripling to about 3 million. This uptick suggests growing network usage amid ongoing product development.

However, Fire Hustle emphasized the distinction between increased network transactions and direct demand for the XRP token. With the possible integration of stablecoins like RLUSD, much of the rising value transfer could occur without the need for XRP purchases beyond the small amount needed for fees.

Market participants remain attentive to whether banks and payment providers will favor traditional bridge assets like XRP or regulated dollar-backed tokens for cross-border transfers, as this could have a decisive impact on long-term token demand and prices.

DevelopmentXRPRLUSDPrice volatilityHighLow (stable at $1)Cross-border payment usePrimary (historical)Potential alternativeMandatory use caseBridge asset, transaction feesSettlementsDisclaimer: 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.

In brief Derive now accepts Flare’s FXRP as collateral for XRP options and perpetual futures. Users can trade through their own wallets without relying on a centralized exchange. Options settle in USDC, exposing traders to margin and liquidation risks. XRP holders can now use Flare’s FXRP as collateral to trade options and perpetual futures on decentralized exchange Derive, Flare announced on Thursday.

According to Flare, users mint FXRP, a token representing XRP on the Flare blockchain, through its FAssets bridge that converts tokens like Bitcoin, XRP, and Dogecoin into ERC-20 tokens on the Flare network. They can then deposit the token into a Derive Portfolio Margin V2 account and trade derivatives from their own wallets.

Myriad: XRP price next move? Click to make your prediction.Options give traders the right to buy or sell an asset at a set price. Perpetual futures allow them to bet on price movements without an expiration date. XRP holders can use the products to hedge against losses, earn premiums by selling options, or speculate on the token’s price.

“Options are often the last major market to develop around an asset, and XRP has been waiting for the infrastructure,” founder and CEO of Derive, Nick Forster, said in a statement. “FXRP gives one of crypto’s largest holder bases a credible path onchain, and adding Derive’s options markets means that capital can now be hedged, used to earn premium and traded with the same sophistication available around other major assets.”

Derive’s XRP options settle in USDC rather than XRP. If an option expires at a profit, Derive pays the difference in the dollar-pegged stablecoin while the FXRP remains posted as collateral. Options sellers must hold enough USDC to cover settlement and maintain the required margin or risk liquidation.

The integration broadens FXRP’s use in decentralized finance. Earlier this month, FXRP was approved as collateral in DeFi risk management firm Sentora’s RLUSD Main vault on the Ethereum-based lending protocol Morpho. That service allows XRP holders to bridge FXRP to Ethereum and borrow Ripple’s RLUSD stablecoin without selling their XRP.

Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.

XRP holders just got a new DeFi trick: using their tokens as collateral for options trading, all without ever sending them to a centralized exchange. Flare Network’s FXRP, a trustless wrapped version of XRP, is now accepted as collateral on Derive, the decentralized derivatives platform formerly known as Lyra.

The setup works through Flare’s FAssets protocol, which mints FXRP as a 1:1 over-collateralized representation of XRP. The underlying XRP stays parked on the XRP Ledger while the synthetic version moves freely across EVM-compatible chains.

How the plumbing works Flare’s FAssets system creates FXRP by locking XRP on the XRPL and minting an equivalent token on Flare’s network. The “over-collateralized” part means there’s more value backing each FXRP than the token itself is worth, providing a buffer against price swings.

Once minted, FXRP can be used across decentralized protocols just like any other ERC-20 token. On Derive, that means posting it as margin for options contracts and perpetual positions. The platform offers what it describes as institutional-grade trading features, including structured products that go beyond simple spot swaps.

Advertisement

Blockscout data confirms FXRP activity on-chain, verifying that the integration is live and not just a roadmap promise.

The FAssets protocol launched FXRP on mainnet in September 2025, and a v1.3 update released in May 2026 simplified the minting process. The earlier version required more manual steps and higher friction, which limited adoption. The upgrade streamlined things enough that casual users, not just DeFi power users, could reasonably participate.

Beyond options: FXRP’s expanding footprint Derive isn’t the only venue where FXRP has gained traction. The token has been integrated into Morpho and Mystic, two lending and borrowing platforms, since early 2026. Starting in February 2026, lending markets began accepting FXRP as collateral for yield-generating strategies.

That means an XRP holder can mint FXRP, deposit it into a lending pool, earn yield, and simultaneously maintain exposure to XRP’s price movements. Layer on top of that the ability to write or buy options on Derive, and you’ve got a surprisingly complete financial toolkit built entirely around self-custody.

What this means for XRP and DeFi The Derive integration represents a broader pattern in crypto: assets from non-EVM chains finding ways to participate in Ethereum-adjacent DeFi through wrapped or synthetic representations. Bitcoin has wBTC and cbBTC. Dogecoin has wrapped versions on several chains. Now XRP has FXRP, with the added benefit of over-collateralization baked into the design.

The hedging use case is particularly relevant given XRP’s price history. Holders who weathered volatility without any ability to hedge, besides selling, now have a way to buy protective puts or generate income by writing covered calls.

The risk side of the equation deserves attention too. Over-collateralization protects against some failure modes, but it doesn’t eliminate smart contract risk, oracle failures, or liquidity crunches during extreme market stress. Wrapped assets add a layer of complexity, and each layer introduces potential points of failure. Users posting FXRP as options collateral are stacking multiple protocol risks on top of each other.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

Ripple (XRP) is down by 1.25% today, August 13, to trade at $1,01 at the time of writing. On-chain data now suggests that XRP is facing intense selling pressure near the psychological support at $1 as inflows to Ripple ETFs remain muted.

Futures data also shows that XRP’s open interest is rising despite the ongoing price decline, amid a surge in short positions on the token.

XRP Price Faces Intense Selling Pressure on Binance Data from CryptoQuant shows that the XRP Taker Buy/Sell reading on Binance has dropped to 0.86, suggesting that there is a lot of selling pressure taking place on the derivatives market.

XRP Taker Buy/Sell Ratio (Source: CryptoQuant) CryptoQuant analyst Arab Chain notes that when this reading drops below 1, it could increase the downward pressure on the price of XRP, especially if it coincides with a rise in trading volumes.

“A reading below 1 indicates that the volume of sell orders executed by traders exceeds the volume of buy orders, reflecting clear selling pressure from traders executing trades directly,” the analyst said.

The surge in selling pressure comes when the price of XRP has dropped to its lowest price since November 2024, of $0.99.

More sell-side activity could also occur on Binance after a recent report by CoinGape revealed that Ripple has moved 50 million XRP coins to the exchange.

XRP Price Prediction as Whale Buying Fails to Offset Downtrend A recent CoinGape XRP price analysis noted that the number of whale wallets holding more than 1 million XRP coins has increased to 32, but this whale buying is not easing the downward trend.

The RSI reading on the one-day chart stands at 37, suggesting that the XRP price outlook is bearish. The RSI has also been making lower lows, with this also showing that bears are tightening their grip.

The ADX line that is tipping north also suggests that the downtrend is becoming strong, and this could push XRP below the psychological support at $1.

The price of XRP has also moved below the support at a descending triangle pattern of $1.01, with this move also suggesting that another drop could occur.

XRP/USDT: 1-day Chart (Source: TradingView) If XRP closes below this support at $1.01 for three straight days, the price could register a 22% decline and reach $0.78.

XRP price needs to close above the resistance at the upper trendline of this triangle pattern to invalidate the bearish thesis.

XRP ETF Activity Remains Muted as Short Positions Increase Data from SoSoValue shows that XRP ETFs have not seen any inflows for four straight days since August 7 as demand for XRP by institutions weakens.

XRP ETF Flows (Source: SoSoValue) The lack of ETF demand also comes when the long/short reading for XRP has dropped to 0.91 on Coinglass, suggesting that there are more short positions than long positions on XRP.

XRP’s open interest has also increased from $2.28 billion on August 5 to $2.67 billion at the time of writing, with the rise likely coming from short sellers betting that the XRP price will drop further.

Two of Canada's major banks have disclosed positions in $XRP-linked exchange-traded funds through regulatory filings with the U.S. Securities and Exchange Commission, adding to a growing body of evidence that traditional financial institutions are cautiously but deliberately building crypto exposure.

BMO Discloses XRP ETF Stakes in $303 Billion Portfolio Bank of Montreal (BMO), Canada's second-largest bank, has become the latest major Canadian lender to report XRP-linked positions. The disclosure places XRP-linked investment products inside a portfolio valued at more than $303 billion as of the end of June 2026, with reported exposure including 323 shares of the REX-Osprey XRP ETF (XRPR) and 20 shares of the ProShares Ultra XRP ETF.

Rather than holding XRP directly, BMO accessed the asset through regulated exchange-traded products, reflecting how traditional financial institutions can gain crypto exposure without directly managing tokens or private keys. It used regulated U.S. infrastructure in the form of spot and derivatives-based ETF products, allowing it to integrate the token into a giant portfolio within a familiar legal framework and without direct custody risks.

National Bank of Canada Also on Record The BMO filing follows a similar disclosure from National Bank of Canada. The disclosure, made public in a Form 13F filing covering holdings as of June 30, 2026, gives a rare glimpse into how a major Canadian financial institution is approaching digital assets, not through direct token ownership, but through regulated investment wrappers listed on U.S. exchanges.

The bank reported 3,848 shares of Bitwise's XRP ETF, valued at roughly $330,000, along with approximately $6.4 million in ProShares and Fidelity Bitcoin ETF exposure. The XRP position is modest in size, but its presence in a formal SEC filing carries symbolic weight for the asset class.

A 13F captures long positions in reportable U.S.-listed securities at one quarter-end date, so it does not show whether the shares back the bank's own book or hedge a client product, and it does not capture anything sold before the snapshot or bought after it. The positions may have changed since the June 30 reference date. Still, the filings are notable because they show regulated financial institutions continuing to use crypto wrappers for portfolio exposure.

For Canada's banking sector, this is becoming a recognisable pattern. Conservative capital has effectively adopted a single playbook: entering the cryptocurrency market selectively and through transparent, regulated funds rather than direct token custody.

Sources:
Crypto Economy: Bank of Montreal Reveals XRP Fund Exposure in New $303B Portfolio Disclosure
TheStreet: National Bank of Canada Reveals XRP Holdings
Bitcoinist: National Bank of Canada Discloses XRP and Bitcoin ETF Holdings

XRP, bu kez fiyat hareketlerinden ziyade XRP Ledger (XRPL) ile tx ağı arasındaki köprüde yaşanan güvenlik açığıyla gündeme geldi. Saldırganlar, gerçek bir XRP yatırımı gerçekleşmeden sistemin geçerli kabul ettiği işlemler üzerinden karşılıksız bridged XRP oluşturdu ve köprü rezervlerindeki gerçek varlıkların bir bölümünü çekti.

tx ekibinin açıklamasına göre saldırı 9 Ağustos’ta gerçekleşti. Olayın ardından XRPL ile tx arasındaki köprü kullanıma kapatılırken, güvenlik açığına neden olan kodun düzeltilmesi için çalışma başlatıldı.

XRP Köprüsündeki Açık Nasıl Kullanıldı? Saldırının temelinde köprünün Ripple yatırımlarını doğrulayan mekanizmadaki kritik bir yazılım hatası bulunuyor. Sistem, XRPL üzerindeki köprü adresine gerçekte XRP gönderilmemesine rağmen bazı işlemleri başarılı yatırma işlemleri olarak kaydetti.

Saldırgan bu açığı kullanarak tx ağı üzerinde gerçek XRP rezervleriyle desteklenmeyen bridged XRP bakiyeleri oluşturdu. Daha sonra oluşturduğu karşılıksız bakiyeleri kullanarak köprünün rezervinde bulunan gerçek XRP’leri çekti.

Bu durum, blok zinciri tabanlı köprülerde varlıkların doğru şekilde doğrulanmasının ne kadar kritik olduğunu bir kez daha ortaya koydu. Çünkü köprü, iki farklı ağ arasında varlık transferi sağlarken bir taraftaki gerçek rezerv ile diğer tarafta oluşturulan token arasında güvenilir bir bağlantı kurmak zorunda.

Yaklaşık 200 Bin XRP Çalındı tx tarafından paylaşılan ilk bilgilere göre saldırganın elde ettiği miktarın yaklaşık 200.000 XRP, yani yaklaşık 200 bin dolar değerinde olduğu tahmin ediliyor.

Saldırının etkisi tx zincirindeki bridged Ripple ile sınırlı kaldı. Ancak saldırı sonrasında dolaşımda bulunan köprülenmiş Ripple miktarının tamamının gerçek Ripple rezervleri tarafından bire bir desteklenmediği belirtildi.

Buna karşılık diğer köprülenmiş varlıkların tamamen teminatlandırıldığı açıklandı. Merkezi kripto borsalarında, merkeziyetsiz borsalarda veya doğrudan blockchain üzerinde bulunan diğer token ve kullanıcı fonlarının ise saldırıdan etkilenmediği vurgulandı.

Dolayısıyla olay, genel Ripple ekosisteminin tamamını hedef alan bir saldırıdan ziyade belirli köprünün yazılım altyapısındaki açığın istismar edilmesi olarak öne çıkıyor.

Güvenlik Denetimleri Neden Açığı Önleyemedi? tx ekibi, köprünün kullanıma açılmadan önce hem şirket içinde hem de üçüncü taraf kuruluşlar tarafından birden fazla güvenlik denetiminden geçirildiğini açıkladı. Buna rağmen saldırgan, önceki kontroller sırasında tespit edilemeyen bir güvenlik açığını kullanmayı başardı.

Saldırının ortaya çıkarılmasının ardından ekip, açığa neden olan kod üzerinde gerekli düzeltmeleri yaptı ve köprünün faaliyetlerini durdurdu. Ayrıca çalınan fonların farklı blockchain ağlarındaki hareketlerini takip etmek amacıyla blockchain adli analiz şirketleriyle çalışmaya başladı.

Bu gelişme, dijital varlık altyapısında yalnızca denetim yapılmasının yeterli olmadığını, özellikle köprülerde işlem doğrulama mekanizmalarının sürekli izlenmesi gerektiğini gösteriyor.

Kullanıcıların Zararları Nasıl Karşılanacak? tx yönetimi, saldırıdan etkilenen kullanıcıların zararlarının giderilmesi için farklı seçenekleri değerlendirdiğini bildirdi. Ancak uygulanacak telafi mekanizmasının ne olacağı ve sürecin hangi takvimde ilerleyeceği henüz açıklanmadı.

Şirket ayrıca saldırıyla ilgili işlem kayıtları ve saldırganın kimliğinin belirlenmesine yardımcı olabilecek bilgilerle birlikte FBI’ın Internet Crime Complaint Center birimine resmi şikayette bulundu. tx, saldırganın tespit edilmesi ve hukuki olarak kovuşturulması için mevcut yasal yolların tamamını kullanacağını açıkladı.

Şimdilik Ripple ile tx arasındaki köprü, güvenlik incelemeleri ve sistemin güçlendirilmesi tamamlanana kadar kapalı kalacak.

Bu içerik kesinlikle yatırım tavsiyesi niteliği taşımamaktadır. Piyasalar yüksek risk içermektedir ve yatırım kararlarınızı almadan önce kendi araştırmanızı yapmanız önemlidir.

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.

Standard Chartered, a leading British multinational bank, has revised its near-term price outlook for XRP, outlining a significantly lower target for 2026. However, the institution retained its long-term forecast for 2030, maintaining confidence in the digital asset’s growth potential over the next several years.

Short-term outlook revised amid weaker market conditionsGeoffrey Kendrick, Standard Chartered’s Head of Digital Asset Research, initially set an XRP price target of $8 for the end of 2026 in April 2025. The bank recently reduced this estimate to $2.80, citing a combination of factors weighing on the market’s performance. This adjustment represents a 65% decrease from the earlier projection.

The reduction follows a period of weaker XRP price performance, in which the token slid from $2.40 in January to about $1.38 two months later, marking a drop of approximately 43%. During this period, inflows to XRP exchange-traded funds (ETFs) also slowed after an initially strong start.

Standard Chartered’s latest report pointed to continued high interest rates and ongoing geopolitical uncertainty as contributing to the lowered near-term expectation for XRP. The bank’s revised forecast reflects the shifting dynamics across digital asset markets.

Inflows into XRP ETFs have moderated, and a less favorable macro environment has added pressure. Despite these headwinds, Standard Chartered maintains its conviction in the long-term valuation for XRP.

Bank’s $28 target for 2030 remains unchangedDespite the downgrade for 2026, Standard Chartered confirmed that its long-term projection for XRP remains steady. The bank continues to expect XRP to reach $28 by 2030, signaling confidence in the asset’s future prospects.

Crypto analyst ALLINCRYPTO called the bank’s stance a significant bullish signal, highlighting that Standard Chartered distinguishes between its short-term and long-term views. The bank continues to back its 2030 forecast even as it adapts to recent market weakness and reduced ETF activity.

The bank’s maintained $28 price target for the end of the decade stands as a key differentiator in its outlook compared to its cut for 2026.

XRP Price TargetYearStandard Chartered ForecastEnd of 20262026$2.80End of 20302030$28Mini dictionary: Standard Chartered, based in London, is one of the world’s largest international banks, operating across more than 50 markets and providing services in retail and corporate banking, as well as digital asset research and strategy.

Standard Chartered’s commitment to a $28 long-term valuation on XRP underscores the distinctive outlook of a major institutional player, despite ongoing challenges in the broader market.

Difficulties for XRP in the current environmentSlowing ETF flows and persistent macroeconomic challenges have impacted near-term sentiment for XRP and other digital assets. Higher global interest rates and geopolitical instability have weighed on the broader cryptocurrency market, shifting institutional expectations accordingly.

Still, Standard Chartered has not revised its 2030 forecast downward in tandem with its 2026 prediction. The bank’s approach reflects its dual strategy of adapting to short-term headwinds while emphasizing long-term growth potential in the digital asset sector.

ALLINCRYPTO emphasized the significance of this distinction, noting that such a major banking institution maintaining a high long-term valuation signals a notable level of ongoing institutional confidence in XRP’s prospects.

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

Ripple is in a high-stakes battle between speculation and conviction.

From a technical standpoint, XRP is showing a clear bearish bias, with the price recently breaking below $1 and technical wicks forming new lower lows across multiple timeframes. Against this backdrop, the rising speculative activity is turning the setup around the XRP price prediction into an increasingly high-risk one.

Notably, the on-chain data is backing this up.

As the chart below shows, XRP’s Open Interest [OI] stood at $435 million, while the Z-score is at +1.20, meaning OI is elevated compared with its historical average, pointing to increased speculative positioning and a higher risk of a sharp volatility move.

Source: CryptoQuant However, the bigger question is where traders expect Ripple [XRP] to move next.

Given the bearish technical setup behind the XRP price prediction, you’d normally expect traders to be opening shorts and betting on further downside.

But recent data is hinting at something completely different. Analysts have spotted massive long positions building around XRP, with aggressive positioning coming out not just from retail traders but also whales.

But with the technicals still looking weak, the key question is: Why are traders betting so heavily on the upside? Do these whales know something the rest of the market hasn’t priced in yet?

XRP price prediction points to a potential supply shock as longs surge The growing XRP long positioning doesn’t look entirely random.

On the fundamental side, XRP network activity has picked up, with the number of addresses surging 84% to 43k. That points to increased network usage and gives the bullish case some fundamental backing.

Adding to this, $256 billion Wall Street Cetera Investment Advisers has added XRP  to its balance sheet, giving the asset a boost on the institutional front.

Why does this matter?

As the chart below shows, XRP ETFs have recorded a modest $1 million inflow so far this month. While this may seem small, it stands out given the bearish XRP price prediction setup.

Despite weak price action, ETF flows still show buying interest, suggesting demand may be stronger than the chart currently indicates. 

Source: SoSoValue Notably, this adds to the growing supply shock narrative around XRP, which has been gaining traction on social media. That makes XRP’s chop around $1 a mix of speculative positioning and growing conviction.

In this context, rising OI adds to the bullish setup, showing traders are putting more capital into XRP positions even without a major price breakout. At the same time, whale positioning is turning increasingly long, adding another bullish signal.

If ETF flows, open interest and whale positioning continue to strengthen together, the setup could start shifting more deeply from speculation to conviction.

If this trend holds, calling the XRP price prediction purely bearish may be too premature. With these signals starting to improve, XRP could be moving into a stronger accumulation phase, with the $1.15 Q3 target still very much in play.

Final Summary XRP price prediction remains weak, but rising open interest, whale longs, and ETF inflows show traders are still betting on the upside. If this trend continues, XRP could be entering an accumulation phase and the $1.15 Q3 target still in play.