Robinhood has expanded its UK investing app into crypto, giving eligible customers access to more than 50 digital assets while adding an AI-powered tool to explain market moves.
UK customers can now buy and sell more than 50 cryptocurrencies, including Bitcoin, Ethereum, XRP and Hyperliquid, through Robinhood’s main app. The service operates through Bitstamp UK, the crypto exchange Robinhood acquired for $200 million last year.
The company said there are no trading, custody or account maintenance fees. Customers will instead pay a 0.1% foreign exchange fee when converting currencies, while some weekend conversions carry a 0.3% fee.
The rollout follows Robinhood’s registration with the Financial Conduct Authority (FCA) on July 31. Bitstamp UK is also FCA-registered. Crypto assets held through the service are not covered by the Financial Services Compensation Scheme or the Financial Ombudsman Service.
Cortex brings AI into crypto tradingAlongside the trading launch, Robinhood is introducing Cortex Digests for Crypto. The generative AI feature reviews breaking news, market data, technical indicators and Robinhood’s own insights to explain what may be driving price movements.
The vision is to give users a simple market summary without making them dig through multiple sources.
Robinhood expands its crypto ecosystemThe company is also pushing its blockchain business through Robinhood Chain, a Layer 2 network built using Arbitrum technology. Robinhood said the network has recorded more than $18 billion in decentralized exchange trading volume and over $840 million in total value locked since its July 1 launch.
Developers, including those in the UK, can build applications on the network.
UK rules will tighten furtherRobinhood’s launch comes before the UK’s new crypto authorization regime. Applications are expected to open in September 2026, with the new framework scheduled to take effect in October 2027. Robinhood’s current FCA registration will not replace the authorization required under that future system.
The UK expansion also comes as Robinhood’s crypto transaction revenue fell 38% year over year to $100 million in Q2 2026. Still, total revenue rose 32% to $1.31 billion, while prediction-market revenue reached $156 million.
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XRP analyst Dark Defender reported that XRP’s weekly Relative Strength Index (RSI) has reached a bottom, suggesting an imminent trend reversal if certain price levels hold. The widely followed trader shared a chart on X showing XRP’s price action within an Elliott Wave structure, specifically highlighting a corrective sub-wave inside a larger five-wave formation.
The reversal callThe chart from Dark Defender tracks XRP’s movements against the US Dollar on a weekly scale. The analysis marks a five-wave pattern beginning near $0.43, capturing a correction within wave 5. This correction is broken down into five sub-waves, now positioned at the final point as the RSI dips to 32.60, signaling oversold conditions.
Dark Defender emphasizes the $1.05 area as a crucial technical floor. According to the analysis, holding this level could set the stage for a substantial upward move, completing the five-wave sequence that has developed over several years.
Dark Defender expects “the strongest reversal in history above the $1.05 zone,” with the chart referencing Fibonacci extension targets between $2.90 and $38.30 by 2027.
The chart references Fibonacci extension levels: $2.90 at the 200% extension, $7.46 at 300%, and $38.30 at 427.20%, with wave (5) potentially reaching the upper end of this range. While such upside projections are ambitious, the analyst notes these outcomes are contingent on price stability above $1.05 in the coming weeks.
Mini dictionary: Elliott Wave — A technical analysis tool used to identify recurring long-term price patterns and investor psychology in financial markets, often involving five-wave and corrective sequences.
Reader reactions splitFollowers of Dark Defender’s post expressed a range of opinions on the prospects for XRP. Some, like user JEFF_GO_GET_IT, showed support for bullish scenarios, writing: “.88 and buy a fck ton more,” and expressing willingness to hold even if XRP’s price movement turns volatile.
Others remain highly skeptical. PJ, posting under @PeterWeldon11, criticized technical analysis forecasts, noting, “All you chart guys have been wrong. I’ve yet to see one of you correct.” This sentiment echoed through over 600 views and multiple likes, revealing underlying doubt in the approach.
Commenters like Cryptofanatic420 presented a more balanced view, noting the downtrend aligns with expectations that regulatory clarity could arrive by September or October, but cautioning that if this does not occur, further declines may follow. Meanwhile, Dimitar Ivanov openly rejected the bullish thesis, urging others to consider shorting XRP.
Traders observed the timing of the chart setup matches speculation around upcoming regulatory changes, fueling both optimism and ongoing debate within the community.
Reading the RSI signalThe latest thesis relies heavily on the weekly RSI entering oversold territory. Technical traders often interpret this as a sign that downward momentum could be waning. Dark Defender’s chart highlights the RSI’s yellow moving average flattening just as the final sub-wave completes, reinforcing his argument for a reversal.
For this scenario to unfold, analysts warn that XRP needs to defend the $1.05 critical support level in the coming trading sessions. At present, XRP is consolidating near the support zone identified in the analysis, with market participants split between anticipating a breakout and bracing for further losses. The outcome of the next several weekly closes at or above $1.05 will likely determine which side’s forecast prevails.
Price LevelTechnical Significance$0.43Start of five-wave pattern$1.05Key support/floor for reversal$2.90 – $38.30Target range based on Fibonacci extensionsDark Defender is recognized among the crypto community for applying detailed Elliott Wave analysis to XRP. The debate continues as market participants watch closely for decisive price movements near the highlighted support level.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
XRP struggles amid weaker ETF inflows, while UE Crypto expands access to cloud mining with free services and mobile management for major crypto assets.
Summary
Weak XRP ETF momentum and RLUSD activity keep XRP near its yearly low as UE Crypto launches free cloud mining. XRP struggles near $1.04 amid softer ETF demand, while UE Crypto expands access to cloud mining through its mobile app. As XRP underperforms Bitcoin and Ethereum, UE Crypto introduces a free mining service supporting BTC, XRP, DOGE and ETH. Recent data shows that the upward momentum of spot XRP ETFs continues to weaken, while XRP price performance remains sluggish, significantly underperforming major digital assets such as Bitcoin and Ethereum.
Affected by factors including slowing ETF inflows and declining trading activity of Ripple’s stablecoin RLUSD, XRP continues to face price pressure. It is currently hovering around $1.0424, only about 3.5% above its yearly low of $1.007, as short-term market caution continues to increase.
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UE Crypto launches a new free cloud mining service UE Crypto — a global leading cloud computing power service platform headquartered in the United Kingdom — has officially launched a free cloud mining experience for users worldwide. The platform supports major digital assets including BTC, XRP, DOGE, LTC, and ETH. It has also launched a mobile app, allowing users to check earnings and computing power status at any time while managing contracts and services directly, truly making mining accessible “anytime, anywhere.”
Platform strengths Operates more than 150 modern intelligent mining farms worldwide Deploys more than 6 million high-performance computing devices Uses 100% clean energy, including hydropower, wind power, and solar power, for green and low-carbon operations Services cover users globally, with more than 2 million users served Beginner-friendly and professionally optimized, with a simple and efficient process Invite friends to earn up to 5% commission, with opportunities to win additional rewards of up to $30,000 Three steps to start stable passive income Step 1: Register an Account Visit the official UE Crypto website and complete registration using an email address. The entire process takes approximately 2 minutes. New users receive a $20 trial credit upon registration and can use it to experience daily earnings directly.
Step 2: Choose a computing power contract The platform offers multiple income plans, with investment amounts ranging from $100 to $100,000, providing flexible options for different budgets and expected returns. Contract terms, durations, and expected earnings are all publicly disclosed and transparent.
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Overview of popular earning plans Entry Experience: Invest $100・2-day contract → Principal returned at maturity, with a net profit of $8 Stable Allocation: Invest $500・5-day contract → Principal returned at maturity, with a net profit of $31.25 Advanced Growth: Invest $3,000・17-day contract → Principal returned at maturity, with a net profit of $698.7 Long-Term Allocation: Invest $10,000・35-day contract → Principal returned at maturity, with a net profit of $5,530 Premium Planning: Invest $50,000・40-day contract → Principal returned at maturity, with a net profit of $34,200 Earning potential, green operations & security Relying on large-scale computing power clusters and an intelligent scheduling system, eligible users can achieve maximum daily earnings exceeding $10,000. There is no need to bear additional costs related to hardware purchasing, depreciation, maintenance, or electricity consumption. Computing power and operations are fully managed by the platform’s professional team, allowing users to receive their share of the earnings.
In terms of security, UE Crypto adopts bank-level encryption technology, a multi-layer risk control system, and 24/7 security monitoring to comprehensively protect accounts and assets. At the same time, the platform adheres to the concept of green development, with all mining farms powered by clean energy, achieving 100% carbon neutrality while balancing efficient earnings with sustainable development.
Conclusion As the digital asset market matures and investment strategies return to a more stable approach, cloud mining is becoming an increasingly important way for investors to pursue long-term stable returns. With its global computing power network, clean energy infrastructure, intelligent operations, and streamlined participation process, UE Crypto significantly lowers the barrier to participating in digital assets.
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Ripple (XRP) holds firmly above the $1.00 near-term support at the time of writing on Monday. The remittance token’s upside is capped under key descending moving averages, undermining the broader technical outlook.
XRP attracts modest capital inflowsRetail interest in derivatives continues to gain momentum, as perpetual futures Open Interest (OI) climbs to an average of 2.41 billion XRP on Monday from 2.39 billion XRP the previous day.
Broadening the view, OI was at 2.12 billion XRP on August 5, a 12% rise. If this momentum in retail participation persists, XRP could defend the key $1.00 support, raising the probability of a sustained recovery.
XRP Futures OI | Source: CoinGlassUS-listed XRP spot Exchange-Traded Funds (ETFs) attracted $1.01 million in inflows last week, further reinforcing the bullish momentum observed in recent weeks. Total cumulative inflows have reached $1.51 billion, while assets under management now stand at $953 million.
XRP ETF flows | Source: SoSoValueTechnical analysis: XRP remains pressed toward $1.00 supportXRP trades at $1.03, extending a bearish near-term bias as price holds beneath the cluster of Exponential Moving Averages (EMAs) and the prevailing downward resistance trendline. The 50-day EMA at $1.10, the 100-day EMA at $1.18 and the 200-day EMA at $1.37 all sit above spot, suggesting the broader trend remains under pressure, while the downward resistance line, now projected around $1.05, continues to cap recovery attempts.
Momentum indicators reinforce this weak tone, with the Relative Strength Index (RSI) hovering near 40 and the Moving Average Convergence Divergence (MACD) in negative territory, hinting that rallies are still likely to be sold.
XRP/USDT daily chartOn the topside, initial resistance lies at the downward resistance trend line near $1.05, where any bounce would first be challenged. A break above this barrier would expose the 50-day EMA around $1.10, followed by the 100-day EMA at $1.18, while the 200-day EMA near $1.37 stands as a more distant cap within the broader downtrend. The pair remains vulnerable to further downside as long as it trades below these stacked resistances.
(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.
Bitcoin Primed for 'Explosive' Breakout in New Expert Forecast; Ex-Meta Exec Sparks Buzz Over New XRP Startup; Mining Titan MARA Secures $1.63 Billion Cash-Out — Morning Crypto Report
XRP remained in an unusually tight trading range for 16 hours following a sharp selloff and rebound, with neither buyers nor sellers gaining control according to recent market data. CoinCodex reported that XRP hovered near $1.03 as the asset oscillated between key technical levels, drawing attention from technical analysts focused on the current deadlock.
Analyst highlights key levels and technical standoffMarket analyst EGRAG CRYPTO identified the $1.05 resistance level as crucial for a potential breakout, while viewing $1.008 as critical support. The sustained lack of significant price movement, as seen in four consecutive 4-hour candles with minimal change, reflected a deadlock between competing market forces.
EGRAG CRYPTO emphasized that neither side has established dominance over the market during this period, and highlighted the importance of monitoring these levels for signs of renewed volatility. A move above $1.05 could confirm the return of bullish sentiment, while a drop below $1.008 might point to fresh selling pressure in the days ahead.
At around $1.03, based on CoinCodex data, XRP is sitting between two levels that could dictate its next major move. $1.05 is the key breakout and reclaim level, according to EGRAG, while $1.008 remains critical support. A decisive break above or below either level could quickly bring volatility back after hours of near-total inactivity.
Volatility compression points to looming breakoutThe current market pattern displays signs of volatility compression, commonly viewed as a precursor to a significant move. Technical analysts frequently interpret long periods of inactivity following swings in price as the market awaiting a catalyst. Should volume return in force, market participants watch for the break through either resistance or support to set the direction.
The $1 region remains in focus after XRP recently marked its lowest daily close of 2026, sparking renewed debate about potential recovery or continuation of the downturn. Some observers, however, suggest that reclaiming resistance may lay the groundwork for a larger upward wave if momentum builds above key levels.
Institutional interest continues to rise as the asset’s profile grows in tokenization and ETF markets. At the same time, products such as CryptoAppsy have made it easier for investors to monitor technical setups and respond instantly to market shifts. CryptoAppsy, which requires no account creation hassle, combines crypto investments with real-time prices, detailed charts, and multi-currency portfolio management on a single screen. With this all-in-one financial assistant, users can instantly seize opportunities by setting up smart price alerts, filtering news specific to their coins, discovering newly listed altcoins without missing them, and always stay one step ahead of the market with critical macroeconomic data such as Fed interest rates.
Market awaits catalytic moveAs of now, the chart signals that XRP is locked between $1.008 support and $1.05 resistance, with traders preparing for a potential breakout. The last 16 hours have seen little price movement, but extended periods of compression are typically followed by substantial volatility once a break occurs.
The next decisive break could reveal whether XRP is preparing for another recovery attempt, or whether the recent selloff still has more room to run.
Market participants continue to monitor which side will take control, as the decision at these levels may determine XRP’s direction in the near term. The period of stasis may soon give way to increased trading activity, as both technicals and market sentiment align for a new move.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Ripple’s XRP is in more uncertain waters as traders, with the CLARITY Act not passing prior to the August recess. Polymarket data indicates that the price of XRP is being traded predominantly around the $1 mark, with one contract assigning the $1 price level a 71% chance for the coin to reach that price on August 10.
The prediction market data also suggests that there are not high hopes for a significant near-term rally. The 12% probability rate XRP will hit $1.20 on August 10 comes from a separate Polymarket contract.
XRP Traders Focus On $1 Support Polymarket’s market for XRP on the 10th of August gives a probability of 99% for the price to fall into the range of $1 to $1.10. Only 1% is assigned to the $0.90-$1 range.
XRP price is also 28% likely to hit $1.05 on August 10 according to another contract. The probability that $1 is hit in that market is given as 5%.
Expectations for upside momentum are better in the short-term contracts. The probability of XRP going up is currently at 96% for the next hour, according to Polymarket. After 15 minutes, the chances drop to 76% and after 5 minutes, the chances drop to 50%.
However, the daily and four-hour markets are less bullish. The daily timeframe for XRP has a 10% chance of a rally, and the four hour time frame has a 7% chance of a rally.
Polymarket’s Weekly Market Shows Risk Below $1 The possibility for a further drop becomes clearer in the price action of Polymarket over the past week from Aug. 10 to 16.
Polymarket shows that there is a 50% probability that the XRP price will not reach $0.90 in that time frame. The same market also features a 99% probability that XRP will hit $1.70. These are stand-alone price-outcome contracts, with probabilities associated to the different outcomes.
Polymarket’s longer-term predictions also indicate a lack of significant hopes for XRP breaking a record high. The chance of XRP reaching an all-time high by the end of 2026 is 5%, and the odds for the end of September is 1%.
The potential progress of the CLARITY Act on September 15 could positively affect the XRP price to break out of its $1.08 and $1.12 congestion, according to CoinGape analysis. It will take more volume of trades to move to $1.18. In case the bill is not passed, XRP will re-test $1, and $0.95 may be the next area for XRP to find support.
CLARITY Act Adds To The Uncertainty The XRP price’s bearish outlook is due to another procedural obstacle for the CLARITY Act in the U.S. Senate.
Senate Majority Leader John Thune has introduced a cloture motion to the motion to proceed. The information states that the cloture vote will be held on Sept. 15, just after the August recess.
There’s still disagreement about the ethics provisions in the bill, and the bill has some issues concerning stablecoins. Additionally, some GOP senators have expressed concerns related to stablecoin yield provisions. Separate objections have come from law enforcement groups and prosecutors for the protections of non-custodial developers.
Polymarket have the CLARITY Act at 20% odds of becoming law this year, which is above its low of 13% in recent years.
Corporate treasuries handle extensive volumes of cash management each year, and for the first time, XRP can now be managed directly within the same systems these teams use daily. This development is set to significantly expand XRP’s role in enterprise finance operations.
XRPL integration through GTreasuryGTreasury, a well-established treasury management platform serving more than 1,000 corporate clients across 160 countries, has integrated Ripple Treasury into its system. In 2025, these clients processed $13 trillion in payments through the platform. Ripple has enhanced this infrastructure by introducing Digital Asset Accounts, empowering corporate treasury departments to hold, receive, and manage XRP directly alongside traditional fiat currencies.
This workflow allows companies to transfer cash into Ripple Treasury, move funds into Digital Asset Accounts, convert balances into XRP, and manage these assets within their existing platforms. These capabilities enable connection to cross-border settlements, liquidity management, and tokenized asset functions. As a result, XRP becomes part of basic treasury management, no longer existing as a separate or external product.
Mini dictionary: GTreasury – A global treasury management system providing software for cash and liquidity management, payments, and risk management for corporations worldwide.
GTreasury and Ripple Prime will reportedly bring significant XRP usage to the corporate and institutional sectors in the coming months, with XRP’s role extending far beyond payments alone.
Ripple Prime expands institutional adoptionRipple Prime, the prime brokerage division of Ripple, now serves over 300 institutional clients with more than $3 trillion in annual clearing volume. Institutions can acquire XRP over-the-counter, include it in their portfolios, and employ it for margin structures. The broader strategy positions XRP not only for payments, but also as a bridge for liquidity, FX conversion, and cross-border settlement, while eliminating the need for pre-funded nostro accounts.
The combined use of GTreasury and Ripple Prime streamlines the transaction flow: fiat currency converts to XRP, moves cross-border over the XRP Ledger, and is then converted back to the required local fiat. This system maximizes settlement efficiency and provides 24/7 asset availability for high-volume institutional clients.
Mini dictionary: Nostro account – A bank account held by one bank in another bank in a foreign country, typically used to facilitate foreign exchange and international transactions.
Market expectations and growth forecastMarket analysts highlight this evolving use of XRP within both corporate and institutional finance as a core reason for potential future growth. Ripple Treasury targets the corporate segment, while Ripple Prime focuses on institutional clients, both leveraging XRP as a settlement, liquidity, collateral, and reserve asset through the XRP Ledger.
According to projections shared by industry commentators, XRP adoption is expected to follow a multi-stage trajectory through 2030. Key milestones include the rollout of Digital Asset Accounts, full-scale integration within treasury platforms, and rapid expansion of cross-border payment use cases. The vision for XRP ultimately involves its positioning as a global liquidity reserve asset for multinational transactions.
Product/DivisionTarget ClientsAnnual VolumeKey FeaturesRipple Treasury via GTreasuryCorporate (1,000+ clients, 160 countries)$13 trillionDigital Asset Accounts, direct XRP managementRipple PrimeInstitutional (300+ clients)$3 trillion clearingOTC XRP access, bridge liquidity, FX conversion“XRP isn’t just a crypto asset. It’s the future of global finance.” This statement serves as the summary for Ripple’s expansion thesis, underscoring the anticipated transformation in asset handling and settlement processes.
X Finance Bull, an online commentator focusing on financial technology, claimed that this integration and increased real-world utility are not yet fully reflected in current market prices for XRP. The emphasis is on practical adoption and the sizable financial flows already enabled by the updated platform infrastructure.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Ripple’s XRP remains under sustained selling pressure, with the latest price action pushing the asset back into a critical support area around $1.01-$1.04. Although this zone has attracted buyers before, the broader structure continues to favor sellers, making the current reaction particularly important for the next directional move.
Ripple Price Analysis: The Daily Chart On the daily timeframe, XRP is trading near $1.03 after gradually declining back into the $1.01-$1.04 support zone. This marks another test of an area that already produced notable reactions in late June, yet the latest approach is occurring with relatively weak bullish momentum.
More importantly, the broader trend remains decisively bearish. The price continues to trade inside the large descending channel and well below all moving averages shown on the chart.
The recent sequence of lower highs also remains intact. The previous rebound was rejected around $1.14-$1.15, well before XRP could challenge the more important $1.24-$1.29 resistance zone. Therefore, buyers are increasingly dependent on the $1.01-$1.04 support area holding.
A convincing breakdown below $1.01 would weaken the structure further and could expose the lower $0.88-$0.93 demand zone, which also sits closer to the descending channel’s lower boundary. Conversely, defending current support could produce another relief rebound, but the asset would still need to reclaim higher resistance levels before the broader bearish outlook materially changes.
XRP/USDT 4-Hour Chart The 4-hour chart highlights the immediate pressure more clearly. Since the late-July rejection, XRP has continued printing lower highs beneath the descending trendline, while successive rebounds have become increasingly shallow.
Most recently, the price broke into the $1.01-$1.04 support zone and briefly dipped toward roughly $1.02 before attempting to stabilize. However, the response has so far been modest, with XRP consolidating near $1.03 rather than producing an impulsive recovery. This suggests buyers are defending the area, but have not yet demonstrated enough strength to shift short-term momentum.
The first meaningful improvement would require price to reclaim the descending trendline, currently approaching the $1.07 area. Beyond that, the $1.13-$1.15 resistance zone represents the more important hurdle, as the previous rally was rejected at this region.
Until these levels are reclaimed, the possibility of another liquidity sweep below the recent lows remains elevated. A decisive loss of the $1.01-$1.04 support zone would confirm renewed bearish continuation and shift attention toward sub-$1 levels. Alternatively, a strong rejection from the current support followed by a breakout above the descending trendline could initiate a more substantial recovery toward $1.13-$1.15.
Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.
XRP (CRYPTO: XRP) on SUnday posted its lowest weekly close in nearly two years, snapping the $1.04 support level that had held every week since November 2024.
What Happened To XRP’s Price Last Week?Analyst Alex Marzell flagged on X that the $1.04 support shelf held every single week since November 2024 before finally giving way last week.
Price is already trying to climb back above it, making $1.04 the line that matters most right now.
Losing it cleanly on a weekly basis opens a drop toward $0.75, where the next meaningful support sits on the weekly chart.
Meanwhile, Polymarket currently puts a 65% chance of XRP falling below $1.00 before month-end.
Why The Clarity Act Delay Matters For XRPThe Clarity Act also missed its Senate vote before recess, removing one of XRP’s key narrative catalysts.
Senate Majority Leader John Thune (R-SD) filed cloture on the motion to proceed, with a vote now scheduled for September 15 when the Senate returns.
However, Grayscale said in a note cited by The Moon Show on X that Clarity Act passage odds have fallen significantly, warning the US risks losing crypto investment and developers to other countries.
Is There A Bullish Case Building For XRP?Not every analyst is reading the chart bearishly. Ali Martinez laid out a five-part bull case on X over the weekend, built on two data points:
A monthly buy signal: XRP’s monthly chart just triggered a Tom DeMark Sequential buy signal — the same setup that preceded a 1,074% rally following an April 2020 signal. Whale accumulation: Santiment data cited in the thread shows whale wallets added more than 380 million XRP over the past week, a sign of conviction near current prices. Martinez points to $1.06 as the key resistance to flip, citing roughly 3 billion XRP that changed hands around that price on-chain.
A monthly close above $1.06 would target $1.35 and potentially $1.64 after that.
XRP Price Prediction: Where Does It Go From Here?
XRP holds at $1.027 Monday, bouncing at the broken triangle’s apex with no volume conviction behind the move.
The Parabolic SAR at $1.11 and all four EMAs stack overhead as resistance with nothing meaningful below except the $1 psychological floor.
Hold $1 and a relief bounce toward $1.06 becomes possible. Break it and the measured move to $0.85 becomes the active target.
Image: Shutterstock
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Bitcoin’s halving schedule extends more than a century into the future, with only 4 out of 32 planned events having taken place so far. Yet a recent comparison by cryptocurrency commentator and XRP advocate Bill Morgan has inserted XRP into that timeline, highlighting a key milestone in the asset’s supply distribution.
Linking XRP distribution to Bitcoin’s halving cycleDocumenting Saylor, an account that tracks developments related to Bitcoin and Strategy (previously MicroStrategy), emphasized that the network is still early in its halving schedule. The focus of most investors remains on the next halving, expected in 2032.
Bill Morgan took the analysis further, connecting XRP’s distribution rate to upcoming Bitcoin halvings. According to Morgan, if Ripple—developer of the XRP Ledger and a prominent fintech firm—continues releasing XRP from its escrow at the current pace, the entire finite supply will likely be distributed between the 2032 and 2036 Bitcoin halvings.
Somewhere between the 2032 halving and the 2036 halving 100% of the total finite supply of XRP will be fully distributed based on the current rate of release by Ripple of XRP from escrow.
This broader view places XRP’s supply trajectory on a timeline well-known in the digital asset space, giving both communities a concrete frame of reference.
How Ripple’s escrow mechanism operatesRipple currently holds a substantial share of XRP in escrow and systematically releases it into the market each month. Unused tokens are returned to escrow, and the ongoing process steadily increases the amount of XRP in general circulation.
Morgan’s assessment links this release mechanism to Bitcoin’s halving milestones, proposing that all XRP will be in public hands somewhere between 2032 and 2036 if current conditions persist.
Mini dictionary: Ripple’s escrow is a system in which XRP tokens are locked in smart contracts and released in scheduled monthly increments. This mechanism is designed to provide predictability and transparency for XRP’s circulating supply.
Impact and significance for XRP holdersBitcoin halvings happen approximately every four years. In 2032, the block reward will fall to 0.78125 BTC, and by 2036, it will decrease again to 0.390625 BTC. Placing the end of XRP’s centralized supply release in this eight-year period links it to a major milestone familiar to most crypto investors.
Full distribution indicates that Ripple will hold no remaining XRP in escrow, marking a change in the asset’s supply structure. After this event, the total 100 billion XRP will be circulating, and further expansion of the coin’s supply will no longer be possible.
AssetMain Supply ControlEvent Date/WindowPost-Event StatusBitcoinBlock rewardsHalvings every ~4 years (2032, 2036 next)Rewards shrink, inflation slowsXRPRipple escrow releasesFully distributed between 2032-2036All XRP circulating, no central supplyMorgan’s comments provide XRP investors with a concrete timeframe to anticipate when the asset’s entire supply will be in circulation. This creates a unique comparative landscape alongside Bitcoin, known for its own scarcity mechanisms.
Placing XRP’s 100% distribution between two known Bitcoin halvings offers investors a clear window for when a pivotal supply event will occur, bringing structural changes to how XRP’s value and scarcity are perceived.
Looking ahead: The road to full supplyWhile the complete release of XRP supply remains nearly a decade away, tying its timeline to Bitcoin’s established halving ritual enables investors to track the event more closely. Morgan suggests the specificity of this comparison may help market participants prepare for a fundamental change in XRP’s supply dynamics.
The timeline serves as a reference point for those watching for major events that could affect both asset value and market perceptions of scarcity within the broader crypto ecosystem.
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.
In brief XRP continues to underperform the rest of the crypto market. The price of XRP is still stuck in a formation traders call a death cross, a classic bearish indicator. Besides the macro headwinds, for the Ripple-linked token, it may just come down to a lack of Clarity. It was a quiet, red-tinged day across crypto, and XRP spent it near the bottom of the pile.
While the market as a whole has been in a flat, choppy state for the last several weeks, it’s XRP—the cryptocurrency created by the founders of payments company Ripple—that continues to underperform: rising less when others are gaining, and falling harder when others drop.
The reason could be the market current lack of clarity—or, rather, the delay of the long-awaited Digital Assets Market Clarity Act.
The Clarity Act, which if passed would create the first formal legal framework for crypto assets in the United States, matters more for XRP than it does more established cryptocurrencies like Bitcoin and Ethereum. The legislation would formally classify XRP as a digital commodity, stripping the regulatory ambiguity that has weighed on institutional demand for years. Traders price that in faster than lawmakers move.
The Senate was unable to vote on the bill before the August recess, dashing what little hope remained that the legislation would be passed this year. However, Majority Leader John Thune did file cloture on the bill late last week, before lawmakers headed out, locking in a procedural vote for September 15.
The bill still needs 60 votes to clear the filibuster, and with Democrats holding out, analysts call its 2026 odds a long shot. That's a different picture from late July, when reports that President Donald Trump would accept the bill's stalled ethics provision sent Polymarket odds of passage from 32% to 43% and sparked a broad rally.
The numbers in the crypto charts today show the cool-down. In the top 10 by market cap, XRP was the worst seven-day performer at -4.96%, while Solana gained 3.64% and Bitcoin rose 1.17% over the same stretch. XRP also slipped 1.24% on the day, against a market that was mostly flat. The token is acting like the Clarity trade is being unwound.
XRP price: What the charts say
XRP is trading at $1.0282, at around a $64 billion market cap, down 0.17% on the day and the weakest of the top 10 over the past week, pinned just above the $1.0128 swing low in a market that still carries a death cross—a bearish signal that traders pay close attention to.
XRP price data. Image: TradingviewThe trajectory is the story. On the daily chart, XRP has logged lower highs and lower lows for weeks, bleeding from the late-June area near $1.3, down to where it sits now.
The July 21 Clarity pop that briefly tagged $1.15 failed and rolled straight back over. That bounce now looks exactly like what bull traps are supposed to look like, not a trend change. Price isn't building a base; it's drifting just above the $1.0128 floor, and a market this trendless can compress longer than most traders expect.
The average price of the last 50 days (EMA50) still sits below the 200-day average (EMA200), in the formation traders call a death cross. Exponential moving averages smooth out average price over a set period; when the shorter-term average trades under the longer-term one, it tells you the medium-term trajectory remains down.
Bulls need a daily close back above the EMA cloud to change that reading structurally, and they don't have it. To achieve this, XRP would need to spike at least more than 8%.
The Relative Strength Index, or RSI, reads 38.2. RSI is a momentum gauge on a 0–100 scale: above 70 is overbought, below 30 is oversold. At 38.2, XRP is below the neutral 50 line and leaning bearish, but not yet in the oversold zone that tends to attract bargain hunters.
The Squeeze Momentum Indicator is off, which means there is still some structure in the bearish trend. With the squeeze inactive and momentum negative, there's no volatility coil loading to fire XRP upward. That's not the signature of a squeeze about to fire upward.
The Average Directional Index, or ADX, sits at 14.6. ADX measures trend strength regardless of direction; readings under 20 mark a directionless, choppy tape where false breakouts and stop hunts are common. At 14.6 the trend has no real conviction behind it—though the directional indicators tilt bearish (DI- sits above DI+), which lines up with the death cross rather than fighting it.
The bull case: a daily close back above the Fibonacci resistance at $1.0486 is the first proof buyers are showing up, opening a run at the EMA cloud and then the golden zone at $1.0887–$1.1066. That requires the Clarity Act story to reaccelerate, not just linger.
The bear case: XRP loses the $1.0128 swing low and the round $1.00 figure gives way, which opens a measured move toward the lower-$0.90s. The death cross and the negative Squeeze momentum both point the same way. For now, the path of least resistance does not appear to be up.
The bull case exists, but it's thin. XRP is a Clarity Act proxy trading like the bill's odds just fell to 21%, and the chart underneath agrees.
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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Robinhood has marked a significant milestone in its onchain activity, reporting a surge in real-world asset (RWA) transfers and expanding its services to the United Kingdom. The company’s blockchain platform, known for supporting RWA transactions, has maintained notable user engagement and robust momentum.
RWA Transfer Volume Reaches New HeightsRecent data released by the Real-World Asset Foundation indicates that Robinhood’s RWA transfer volume soared to $1.65 billion. This figure reflects a remarkable increase of 3,201.20% over the past month, nearly doubling the previous record of $800 million recorded in late July.
Analysts attributed the sharp rise in volume to growing interest among users looking for new opportunities within the crypto and RWA sectors. The surge in activity demonstrates both the attractiveness of Robinhood’s new blockchain and the expansion of RWA services within the platform.
Compared to its earlier monthly total, Robinhood’s RWA transfer volume has now reached $1.65 billion, marking an explosive period of growth for the platform and highlighting the scale of adoption in recent weeks.
Observers suggest that the dramatic volume increase over a two-week timeframe points to unprecedented activity on Robinhood Chain, as users explore novel financial products and integrated asset classes.
UK Expansion Brings Wider Access to CryptoAlongside the onchain success, Robinhood recently announced the launch of its crypto trading services in the UK. The rollout utilizes Bitstamp’s infrastructure to extend commission-free trading options to users in the region.
Crypto traders in the UK now have access to Robinhood’s major tokens like Bitcoin, Ethereum, XRP, and Hyperliquid, as well as other listed cryptocurrencies. Additionally, users can take advantage of Robinhood’s stocks and shares ISAs, as well as equities, options, and futures products, all within a single platform.
This expansion signals Robinhood’s broader ambition to become a truly global provider of crypto services, blending digital asset functionality with traditional finance products.
With its expanded offerings, Robinhood enables seamless access to both traditional and digital assets for a growing number of international clients, supporting wider adoption in the crypto economy.
Against the backdrop of rising RWA volumes, the platform also demonstrates commitment to enhancing its global footprint and providing more flexible asset management solutions for users in different markets.
For investors monitoring key resistance levels or considering cross-sector diversification strategies, innovations like 1stepSwap have become increasingly relevant. 1stepSwap stands out as a practical solution bridging traditional finance and the crypto sector by bringing real-world assets such as shares of major U.S. companies and commodities like gold and silver directly onto the blockchain. The platform’s core advantage is its ability to secure the best market price at any given moment, allowing users to buy or sell leading stocks instantly and always at competitive rates—all managed straight from their wallet without unnecessary intermediaries or complex steps.
Market watchers continue to monitor the RWA ecosystem, with Robinhood at the forefront of developments that could shape the broader integration of real-world assets and digital tokens on a global scale.
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 stablecoin market saw two major treasury actions this week, marking a clear divide in the strategies and scale of leading digital dollar issuers. Ripple minted $10 million in RLUSD stablecoins directly onto the XRP Ledger, while nearly simultaneously, Tether issued $1 billion in USDT on the Tron blockchain. With this move, Tether’s treasury inventory on Tron reached $91 billion.
Diverging stablecoin strategiesWhile both transactions reflect active treasury management, the stark difference in volume highlights the fundamentally different approaches taken by Ripple and Tether. Tether, the world’s largest stablecoin issuer, focuses on the mass retail segment and crypto trading, where instant access to sizable liquidity plays a crucial role for traders and exchanges worldwide.
In contrast, Ripple has chosen not to vie for market supremacy in retail stablecoins. RLUSD, Ripple’s stablecoin, currently holds a market capitalization of $1.52 billion, about 20% below its peak in May. Rather than broad issuance, Ripple targets B2B clients, offering RLUSD on a selective basis for commercial companies through its Ripple Mint platform.
Mini dictionary: Ripple Mint, Ripple’s enterprise-grade stablecoin issuance platform, is designed to allow institutions to mint, manage, and redeem RLUSD for specialized cross-border and B2B payment flows within regulatory guidelines.
IssuerStablecoinAmount IssuedPlatformTotal Treasury (Tron)RippleRLUSD$10 millionXRP LedgerN/ATetherUSDT$1 billionTron$91 billionWhale activity intensifies around $1 XRP levelRipple’s latest $10 million RLUSD mint coincided with a surge in large-investor, or “whale,” transactions on the XRP spot market. While the company manages RLUSD issuance under the oversight of the New York State Department of Financial Services (NYDFS), on-chain trackers observed that major holders accumulated more than 380 million XRP in the past week.
The activity centered around the $1 mark, which holds psychological significance for XRP traders and investors. Large market participants are actively defending this price as a key support level, seeking to prevent further declines in XRP’s price.
Market observers note a substantial build-up in whale positions around the $1 threshold, signaling coordinated efforts to maintain support for XRP as the stablecoin ecosystem grows more competitive.
Ripple continues to focus its RLUSD issuance on strategic B2B partnerships, experimenting with use cases centered on high-value corporate payments and cross-border flows. Meanwhile, Tether remains the dominant player in retail settlements, maintaining deep pools of liquidity across multiple blockchains.
Stablecoin market outlookAs summer market activity lingers in a consolidation phase, large investors are positioning for potential volatility by increasing their exposure to XRP and related stablecoins. Ripple’s technical upgrades and ongoing RLUSD trials within its niche market signal a continued push into the B2B payments sector.
According to market analysts, the split between mass-market and business-focused stablecoin strategies is expected to widen in the coming quarters, as regulatory scrutiny and user demand drive further product differentiation.
Ripple, founded in 2012, is a San Francisco-based technology company specializing in global payments and blockchain-based financial solutions. Tether, established in 2014, operates the world’s largest stablecoin by market capitalization and serves as a primary liquidity vehicle for digital asset trading worldwide.
Recent developments underscore the evolving landscape of stablecoin issuance. While Tether expands its reach among traders and retail users, Ripple is refining RLUSD for targeted business transactions, solidifying its niche in the market.
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.
Kripto piyasası, zayıf ABD istihdam verilerinin risk iştahını desteklemesiyle yeni haftaya sınırlı yükselişle başladı. Toplam piyasa değeri yüzde 0,22 artarak 2,21 trilyon dolara ulaşırken, yatırımcılar bu hafta açıklanacak ABD enflasyon verilerine odaklandı.
Bitcoin haftanın başlangıcında yüzde 0,38 yükselerek 64.992 dolara çıktı. Ethereum da yüzde 0,18 değer kazanarak 1.918 dolardan işlem gördü. Buna karşın altcoin tarafında farklı yönlü hareketler görüldü ve piyasanın genelinde temkinli görünüm korundu.
Bitcoin Ve Ethereum Nasıl Performans Gösterdi? Lider dijital varlık Bitcoin, haftaya sınırlı bir yükselişle girerek 65 bin dolar seviyesine yaklaştı. Ethereum ise Bitcoin’e kıyasla daha düşük bir artış kaydetti ve 1.918 dolar seviyesinde işlem gördü.
Altcoin piyasasında ise hareketler birbirinden ayrıştı. XRP yüzde 0,54 düşerek 1,03 dolara gerilerken Solana yüzde 0,84 yükselerek 76,67 dolara ulaştı. Bu tablo, yatırımcıların henüz piyasanın tamamına yayılan güçlü bir risk iştahı göstermediğine işaret etti.
Kripto ETF Akışları Kripto Piyasasını Destekliyor Mu? Kurumsal yatırımcı ilgisi, ETF verilerinde de güçlü şekilde kendini gösterdi. Geçtiğimiz hafta spot Bitcoin ETF’lerine toplam 853,54 milyon dolarlık net giriş gerçekleşirken spot Ethereum ETF’leri 244,94 milyon dolar net fon topladı.
Altcoin ETF’lerinde de ağırlıklı olarak pozitif bir tablo ortaya çıktı. XRP ETF’leri 1,01 milyon dolar, Solana ETF’leri 144,93 bin dolar, DOGE ETF’leri 82,64 bin dolar ve HYPE ETF’leri 2,84 milyon dolar net giriş kaydetti.
Buna karşılık BNB, LINK, LTC, HBAR, AVAX ve DOT ETF’lerinde kayda değer bir fon hareketi görülmedi. Özellikle Bitcoin ve Ethereum ETF’lerindeki yüksek girişler, kurumsal talebin kripto yatırımı açısından önemini koruduğunu gösteriyor.
ABD Enflasyon Verileri Neden Önemli? ABD’de geçtiğimiz hafta açıklanan istihdam verilerinin beklentilerin altında kalması, faiz artışı beklentilerinin zayıflamasına ve riskli varlıklara yönelik talebin güçlenmesine yardımcı oldu. Bu gelişme, kripto varlıkların haftaya pozitif başlamasında önemli rol oynadı.
Şimdi piyasaların odağında ABD’nin açıklayacağı Tüketici Fiyat Endeksi (TÜFE) ve Üretici Fiyat Endeksi (ÜFE) verileri bulunuyor. Söz konusu göstergeler, ABD Merkez Bankası’nın faiz politikasına yönelik beklentilerin şekillenmesinde belirleyici olabilir.
Enflasyon Düşerse Kripto Paralar Yükselir Mi? Enflasyon verilerinin beklentilerin altında kalması, faiz politikasına ilişkin daha olumlu beklentiler oluşturabilir. Böyle bir senaryoda riskli varlıklara yönelik talebin artması ve kripto piyasası genelinde yukarı yönlü hareketin güçlenmesi mümkün olabilir.
Bununla birlikte yatırımcıların mevcut ortamda temkinli hareket ettiği görülüyor. ETF girişleri güçlü kalırken Bitcoin, Ethereum ve altcoinlerdeki sınırlı fiyat değişimleri piyasanın makroekonomik gelişmelerden gelecek yeni sinyalleri beklediğini gösteriyor.
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.
Crypto investor and X user Cup has outlined ambitious price targets for major digital assets, predicting that the next six to 12 months could bring substantial returns across the cryptocurrency market. Cup expects Bitcoin to rally toward $200,000, while also forecasting strong gains for Ethereum, Solana, XRP, SUI, and a range of other altcoins.
High price targets for leading cryptocurrenciesIn a recent X post, Cup described the coming period as potentially “life-changing” for crypto investors. He projected Bitcoin would climb to $200,000, representing a sharp move from its current levels. Cup also set a $10,000 target for Ethereum, suggesting that ETH could break into new territory.
Cup’s forecasts extended to several top altcoins. He named $1,000 as a medium-term target for Solana, $5 for XRP, and $4.50 for SUI. He concluded the post by encouraging market participants to practice patience, anticipating a major round of expansion among altcoins.
In a visual chart accompanying his post, Cup compared Bitcoin’s market structure between 2024 and 2025 with an outlook for 2026 and 2027, projecting phases of accumulation, a pre-bull run, and a subsequent critical rally. The chart placed Bitcoin at $126,000 during an earlier cycle, while predicting that the next large upward move could bring the asset as high as $265,000.
AssetCurrent Price Level*Projected TargetBitcoin (BTC)$66,000$200,000Ethereum (ETH)$3,500$10,000Solana (SOL)$150$1,000XRP$0.50$5SUI$0.80$4.50Mini dictionary: Cup is a pseudonymous crypto investor and market commentator active on X, sharing analysis and forecasts for major digital assets.
The next 6–12 months will be life-changing. Bitcoin is going to $200,000. ETH will break $10,000. SOL will reach $1,000. XRP will hit $5. SUI will hit $4.50. Altcoins will explode. Patience.
Mixed reactions among market participantsCup’s optimistic targets have sparked an active debate among users in the crypto community. Some investors expressed strong support for the vision described in the post, while others raised concerns about the likelihood of such aggressive gains materializing within the given timeframe.
Derek M, commenting under Cup’s post, noted that he has been holding Bitcoin since 2017 and considered the projections reasonable, expressing confidence in the outlook. In contrast, another market participant argued that the crypto market often moves counter to consensus views, casting doubt on the suggested timeline.
Nick veeBee challenged both the timeframe and targets, stating that he does not expect Bitcoin to reach $200,000 within a year, and added that even by the peak of 2029, the milestone might remain out of reach. Other reactions included Quacks Lady’s enthusiasm for a potential bull market and JoHan’s suggestion that SUI could exceed Cup’s price projection in the long term.
Some commenters questioned whether the proposed gains for Bitcoin and other major cryptocurrencies could be reached in the next 6–12 months, while others saw the targets as attainable and looked forward to a new market cycle.
Additionally, Steve Schroer took a critical approach by asking if Cup would commit to making a Bitcoin donation to charity should the projections prove inaccurate.
Patience and the path forward for altcoinsCup’s post did not provide a technical breakdown or detailed analysis behind each price target but emphasized market cycles and broad expectations for the digital asset sector. The message was clear: with patience, major gains in Bitcoin, Ethereum, Solana, XRP, SUI, and other leading altcoins could be within reach in the next six to 12 months.
Cup’s high-profile predictions have amplified conversation around the future of the cryptocurrency market, as traders weigh optimism against caution in anticipation of what could be a transformative period for digital assets.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Ethereum (CRYPTO: ETH), Solana (CRYPTO: SOL) and XRP (CRYPTO: XRP) may dominate the large-cap altcoin conversation, but there are dramatically different risk-reward profiles across the three.
Why Is Ethereum Boring But Still A ‘Hold’?In a detailed X thread, trader Stockmoney Lizards gave Ethereum an overall rating of 3 out of 5, describing the second-largest cryptocurrency as boring, but a good portfolio "hold".
On the technical side, ETH appears to be building a base around a key Fibonacci support level and has broken sideways from its previous range.
Lizards also questioned the “ultrasound money” narrative surrounding Ethereum, noting that ETH has recently become slightly inflationary as activity migrated toward Layer-2 networks.
Still, substantial amounts of ETH remain locked up, potentially tightening available supply if demand accelerates.
Ethereum remains a major hub for on-chain activity despite facing competition from newer blockchains.
Stock Money Lizards predicts a rally toward $3,000, potentially revisiting previous all-time highs during the next bull cycle.
Solana received a 2 out of 5 rating, but Stock Money Lizards sees considerably more speculative upside if crypto risk appetite returns. He terms it a "beta bet" but not a core hold.
“The casino floor of crypto, and that is a real use case whether you like it or not,” the trader said.
SOL remains within a falling wedge and is testing resistance from below. Rather than chasing the cryptocurrency at current levels, Lizards identified the $48 to $60 region as the area of greater interest.
Momentum has also deteriorated substantially since SOL peaked near $293 in early 2025.
Stock Money Lizards sees a credible path toward $200, representing potentially significant upside. However, this happens only if Bitcoin enters another strong bull leg and meme coin speculation returns.
Why This Trader Is Avoiding XRPXRP also scored 2 out of 5, but Stock Money Lizards was considerably more skeptical of its investment case despite being a highly engaged and loyal community.
The trader characterized XRP’s historical price action as extended periods of sideways trading interrupted by sharp rallies and subsequent declines.
The biggest concern is tokenomics, as concentrated supply creates risks for investors.
The trader was similarly skeptical of XRP’s long-standing narrative around banking and cross-border payments, arguing that the anticipated adoption has yet to reach the scale supporters have predicted.
Lizards also pushed back against extremely bullish XRP price forecasts of $100, $200 or even $500.
“Too big to fail is not the same as will 50x,” the analyst said.
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Grayscale’s XRP Trust has disclosed that it sold over $180 million worth of XRP during the first half of 2026, following a spike in investor redemptions. The regulatory filing, dated through June 30, indicates the fund offloaded approximately 103 million XRP tokens within this six-month period.
Redemptions Drive Major XRP OutflowsTo meet redemption requests from investors, the trust had to liquidate a significant portion of its XRP holdings. The realized losses from these sales totaled about $34 million, while unrealized losses continue to remain on the books due to the lower residual market value of its remaining assets.
Grayscale’s trust mechanism delegates creations and redemptions to authorized participants. As a result, XRP was sold mechanically, rather than by discretionary decisions from Grayscale’s managers, reflecting the fund’s open-ended structure.
New contributions and inflows during the period failed to keep pace with large-scale withdrawals, leading to a marked reduction in both the trust’s XRP balance and overall net asset value.
Wider Market Impact and XRP Price MovementsThe large redemptions from Grayscale’s XRP Trust coincided with notably weaker sentiment across XRP-related investment products. Other funds linked to XRP have also recorded significant outflows, while trading activity in derivatives markets has waned. Over the same period, XRP’s price hovered in a narrow range near $1.05 to $1.07, with market participants closely tracking the $1 level for signals of either renewed buying or further declines.
This pattern underscores how redemption-driven selling can translate into substantial spot market pressure on underlying cryptocurrencies. In assets with lighter liquidity or stronger sentiment swings, such selling may accelerate price moves to the downside.
The regulatory update confirms that escalating redemptions required mechanical sales of over 100 million XRP, resulting in $34 million in realized losses for the trust, with further unrealized losses unsettled in the portfolio.
Blockchains, Real-World Integration, and Market InnovationWhile the XRP Trust navigates outflows and price volatility, the broader market continues to advance with new platforms facilitating more seamless access to both digital and traditional assets. For instance, 1stepSwap offers investors a streamlined way to hold real-world assets—including shares of major U.S. companies and commodities like gold and silver—directly in their crypto wallets. The key innovation lies in the platform’s ability to source the best available market price instantly, letting users transact leading global equities and diversify portfolios quickly and efficiently without the need for intermediaries or complex processes.
Industry analysts caution that ongoing changes in investor flows, coupled with the emergence of new on-chain solutions for holding traditional assets, could shape how capital migrates within both the crypto and broader financial ecosystem.
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 is currently positioned at a pivotal level as liquidity heatmaps highlight significant imbalances surrounding its recent price action. Technical analysts have identified a large concentration of resting sell orders just below the $1.00–$1.03 zone, indicating a densely packed red liquidity band that could draw the market lower in the near term.
Key liquidity levels and technical outlookAfter months of gradual decline, XRP now trades within the $1.03–$1.04 range. Recent chart patterns reflect the thinning of buy-side liquidity, while sell-side orders have grown more prominent underneath current valuations. This configuration of orders often leads to “liquidity sweeps,” where the price dips into these dense areas, triggering stop-losses and potentially flushing out leveraged traders before a reversal can take shape.
Although liquidity heatmaps are not conclusive predictors of market direction, they provide a clear picture of where clustered stop orders and liquidations sit. At present, the largest block of such orders lies beneath the spot price.
Some analysts believe that XRP may need to fall another 10–15% to decisively clear this zone, possibly bringing prices into the high $0.80s or low $0.90s before sellers lose momentum.
Once these lower liquidity clusters are unwound, heatmaps typically show increased liquidity at higher levels, sometimes paving the way for a stronger recovery as the order book structure shifts to favor buyers.
An alternative outcome would see a swift price rebound from current levels, leaving the dense sell-side liquidity untouched. However, this scenario requires aggressive buyer participation to absorb the remaining supply and would be considered a more bullish setup.
Broader environment and market signalsXRP has stayed in a constricted range for weeks, as the cryptocurrency market contends with a mix of regulatory uncertainty and shifting sentiment driven by security discussions. The price’s proximity to the middle-tier Bollinger Band further underscores the market’s indecision, with technical levels marking a decision point for momentum traders.
According to the SuperTrend indicator, XRP has flashed a bullish signal for the past 12 hours. Despite this, the mood remains cautious, with the current price well below year-to-date highs of around $1.40. The $1.00 threshold has become both a psychological and technical focal point, as traders await confirmation of the next major move.
The market awaits a clear resolution, with some speculators watching for a potential stop-hunt lower, while others hope for a decisive defense at present levels. Whichever direction unfolds, it is likely to set the tone for trading during the remainder of August.
With volatility cycles dominating the crypto market, investors increasingly seek platforms that offer speed, flexibility, and access to diverse assets. Reflecting these trends, 1stepSwap delivers a solution by enabling users to access shares of major U.S. companies and commodities such as gold and silver directly through their crypto wallets. The platform distinguishes itself by moving real-world assets onto the blockchain and automatically securing the most advantageous market rate for each transaction, streamlining the process and supporting quick portfolio diversification.
Technical chart watchers consider the current zone a defining moment for XRP, as mapped-out liquidity levels leave only the market’s next move in question.
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.
Dr. Kamilah Stevenson reported that Ripple has joined a UK government initiative aimed at modernising wholesale financial markets using blockchain technology. She described this development as more significant than a standard business partnership, given the involvement of government bodies in shaping future market standards.
UK Treasury leads digital market modernisationStevenson highlighted the role of the UK Treasury’s Wholesale Digital Markets Taskforce, which has been tasked with establishing operational guidelines for the tokenisation of institutional finance. This effort seeks to lay the foundation for integrating distributed ledger technology across key components of the financial system.
According to Stevenson, Ripple is involved in the taskforce’s tokenisation plans and collaborates with the government-appointed Wholesale Digital Markets Champion. She emphasized that government participation is crucial because standards set at this level could shape how banks, funds, and infrastructure providers operate for years to come.
Ripple is supporting the UK government’s initiative on tokenisation strategy, with Treasury involvement potentially influencing the standards financial institutions will follow in the future.
Major tokenisation initiative targets repo marketsA government plan cited by Stevenson estimates the initiative’s potential value at approximately £33 billion, with a projection of £14 billion in extra annual tax revenue by 2035. These figures suggest that UK officials view tokenised markets as a key economic priority, moving beyond simple technology trials to large-scale policy projects.
The initiative is expected to debut in the repurchase agreement (repo) market, targeting testing and a live pilot for spring 2027. Repo markets play a central role in daily bank funding, involving short-term loans in which institutions swap securities, like government bonds, for cash before reversing the transaction.
Transferring repo processes to a blockchain could reduce the need for manual reconciliation, streamline the transfer of collateral, and enable immediate ownership updates. However, successful market adoption would depend on legal clarity, dependable technology infrastructure, and broad industry participation.
Mini dictionary: Repurchase agreement (repo) — A short-term borrowing mechanism in which financial institutions sell securities and agree to repurchase them at a later date, commonly used to manage day-to-day funding and liquidity needs in the banking sector.
MetricEstimated Value/ProjectionInitiative’s potential value£33 billionProjected annual tax revenue by 2035£14 billionFirst live pilot target dateSpring 2027XRP Ledger and the trend toward institutional adoptionStevenson also noted Ripple’s earlier partnership with Aviva Investors, a major UK fund manager overseeing about £253 billion in assets. In this initiative, Aviva began its first steps toward tokenising traditional funds on the XRP Ledger, Ripple’s blockchain-based settlement network.
She said tokenised real-world assets on the XRP Ledger grew from around $150 million to about $4 billion over one year, spanning more than 500 products. However, the source of these figures was not independently verified and should be viewed as estimates presented by Stevenson.
Stevenson distinguished between adoption by private companies and adoption driven by policymakers. She argued that government endorsement usually leads to the creation of broader industry standards, stating, “Companies choose vendors, governments choose standards.”
The transition to regulated blockchain infrastructure may no longer depend on whether institutions will use distributed ledger technology, but on which networks and settlement rails become embedded within formal market operations.
Participation in a Treasury-supported pilot does not guarantee a specific outcome for XRP or exclusive use of the XRP Ledger. Still, the involvement signals a shift as tokenisation progresses from experimental stages toward integration with core market infrastructure.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
XRP fell over 5% last week even as other majors rose. (Jakub Żerdzicki/Unsplash)Summary
XRP fell about 5% over the past week to around $1.03, even as bitcoin, ether and solana rose and the broader crypto market added 1.4% in value.XRP-focused exchange-traded funds saw net inflows for a fourth straight week, but new capital dropped roughly 93% to about $1 million while bitcoin and ether funds attracted hundreds of millions.Payments-focused cryptocurrency XRP dropped about 5% to $1.03 last week, even as bitcoin BTC$65,252.85, ether ETH$1,926.76, and solana (SOL) each climbed 1% to 4%. The broader crypto market added 1.4%, pushing total market capitalization to $2.19 trillion. XRP is currently hovering near $1.03.
The underperformance is puzzling because XRP exchange-traded funds still attracted net investor capital for a fourth consecutive week. The inflows, however, have slowed sharply, collapsing roughly 93% week-over-week to around $1 million, according to data source SoSoValue. Meanwhile, bitcoin and ether funds pulled in hundreds of millions.
Traders and analysts on X and elsewhere point to several overlapping explanations for the price apathy. Regulatory uncertainty tops the list: the Senate has delayed consideration of the CLARITY Act, the legislation many view as key to clarifying XRP’s status and unlocking broader institutional participation. That vote is not expected until mid-September at the earliest.
On the flow side, the setup currently looks balanced.
“XRP’s positioning looks patient in its own right, with order flow staying large even as volume metrics turn neutral — quiet absorption rather than capitulation or a confirmed breakout,” Iliya Kalchev,, analyst at Nexo, said in an email.
Still, long-term optimism remains high.
Jake Claver, a qualified family office professional (QFOP) who serves as chairman of Digital Ascension Group, a multi-family office focused on digital assets, has argued that the token is increasingly positioned for a structural role in global finance.
“XRP is looking more and more like it will claim its spot as a global bridge asset and possibly be recognized by the BIS as tier-one asset in the future,” Claver said, referring to the Bank for International Settlements’ highest capital classification for the most liquid and stable assets banks can hold.
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Building the Zcash Machine: Tachyon and Quantum Readiness
Building the Zcash Machine: Tachyon and Quantum Readiness
Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold.
Jun 30, 2026
Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold.
Why it matters:
Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold.
Canary Capital’s XRP exchange traded fund ended the first half of 2026 with $81.6 million fewer net assets even after positive capital share activity added $82.4 million.
Summary
Canary XRP ETF ended June with $241.2 million, down $81.6 million from December despite creations. Net capital share transactions added $82.4 million, while operations reduced assets by $164.0 million overall. Unrealized XRP depreciation accounted for $159.7 million of the fund’s operational decline during 2026 midyear. XRP holdings climbed 31.7% to 231.3 million tokens, even as their dollar value declined sharply. XRPC posted a 42.84% NAV loss during 2026’s first six months, according to Canary data. An Aug. 7 SEC filing shows that falling XRP valuations more than offset the increase in shares during the six months through June 30.
The unaudited Form 10 Q puts XRPC’s net assets at $241.17 million on June 30, down from $322.82 million at the end of 2025. Meanwhile, outstanding shares increased from 16.49 million to 21.77 million as the fund created 5.65 million shares and redeemed 370,000. XRP itself fell 43.27% from $1.84 to $1.04 over the same period.
Investors poured $82 million into Canary’s XRP ETF, but falling prices erased double what they put in
One large allocation or the start of a broader bid? pic.twitter.com/z2cGvbw7hs
— Xora Finance (@xora_finance) August 10, 2026 Canary XRP ETF added shares while XRP erased value The accounting behind the decline shows two forces moving in opposite directions. XRPC recorded $88.26 million from shares sold and $5.90 million from shares redeemed. The resulting $82.36 million increase from capital share transactions was outweighed by a $164 million decrease in net assets from operations.
Most of that operational decline came from XRP rather than fees. The fund recorded $159.70 million in unrealized depreciation, $3.59 million in realized investment losses and $716,898 in sponsor fees during the six month period. Unrealized depreciation was therefore almost twice the value added through net capital share transactions.
The contrast follows an initially strong reception for the fund. As crypto.news reported in its launch day coverage, XRPC generated about $58 million in trading volume when it debuted on Nasdaq in November 2025, making it one of that year’s largest new ETF launches by first day volume.
The $82 million figure is not simply investor cash inflow The $82.36 million increase should not be treated as $82.36 million of retail investors depositing cash into XRPC. Canary’s SEC prospectus allows authorized participants to create and redeem baskets using either cash or XRP. Investors trading XRPC shares on Nasdaq do not directly create or redeem shares with the trust.
The latest filing shows the distinction clearly. XRPC purchased 34.13 million XRP valued at $52.20 million during the first half, while another 25.93 million XRP valued at $36.05 million entered the trust through in kind share creations. The fund also sold 3.93 million XRP worth $5.90 million to meet redemptions and reported no XRP distributed in kind for redemptions.
Accordingly, the filing supports describing the $82.36 million as net capital share activity rather than a direct measure of investor cash inflows. It does show that creation activity exceeded redemptions during the period.
XRPC held 31.7% more XRP but the position was worth less XRPC’s XRP holdings increased from 175.63 million tokens at the beginning of 2026 to 231.28 million on June 30, a rise of about 31.7%. Yet the fair value of the XRP position fell from $322.97 million to $241.28 million because the underlying asset declined sharply.
That disconnect has also appeared across the wider U.S. XRP ETF market. In related ETF flow coverage, crypto.news reported in July that cumulative inflows across spot XRP funds remained well above their combined net assets as falling token prices reduced portfolio values.
The price weakness does not mean creations stopped altogether. More recent fund flow reporting showed XRP ETFs recording fresh net inflows on July 29 after a four day pause, while XRP remained near the $1.10 area.
XRPC assets slipped further after the June quarter Canary’s latest published fund data shows XRPC remained below its June level after the reporting period. Net assets stood at $237.38 million on Aug. 7, with both NAV and market price at $10.85. Shares outstanding had increased to 21.87 million from 21.77 million at June 30.
The same data puts XRPC’s NAV return at negative 43.93% for 2026 through Aug. 7, compared with negative 42.84% through June 30. Its market price return was negative 44.22% year to date. Those figures show that the valuation pressure documented in the SEC report had not fully reversed by early August.
For XRPC, the next financial filing will provide another formal snapshot of whether continued share creation can offset movements in XRP’s price. The first half results already make the current dynamic clear: the trust accumulated substantially more XRP, but the falling value of each token left the fund with fewer dollars in net assets.
Bitcoin (BTC) and Ethereum (ETH) show signs of strength as bulls defend key support on Monday after gaining 2% and 1.3% in the previous week. Meanwhile, Ripple (XRP) recovers mildly at the start of the week on Monday after sliding over 5% last week.
Bitcoin bulls defend 50-day EMABitcoin price trades at $64,973 on Monday, holding above the 50-day Exponential Moving Average (EMA) at $64,693 but still capped by the 100-day EMA at $66,870 and the distant 200-day EMA at $72,245. This configuration suggests a neutral to mildly constructive near-term tone, with price supported by the short-term trend while the broader structure remains below key medium- and long-term averages.
The Relative Strength Index (RSI) around 54 reinforces a balanced bias with a slight bullish tilt. At the same time, the Moving Average Convergence Divergence (MACD) stays in positive territory, hinting that buying pressure is gradually rebuilding rather than surging.
On the topside, initial resistance emerges at the 100-day EMA near $66,870, followed by the 200-day EMA at $72,245, before a major horizontal barrier looms far higher at $84,410.
On the downside, immediate support is at the 50-day EMA around $64,693, with a more significant structural floor at $64,004; a daily close below this latter area would weaken the current tentative bullish bias and expose a deeper corrective phase.
BTC/USDT daily chartEthereum could extend gains if it closes above the 100-day EMAEthereum price trades at $1,918, holding a mild constructive bias as it hovers above the 50-day EMA at roughly $1,864 while still capped by the 100-day EMA near $1,924. The price stance above this short-term EMA suggests underlying dip demand, while the longer-term 200-day EMA around $2,124 and a horizontal barrier at $2,000 remain untested overhead.
The RSI around 56 hints at steady but not overextended bullish momentum, and the MACD line, still slightly negative but improving, suggests that bearish pressure is fading rather than dominating.
On the topside, immediate resistance appears at the 100-day EMA near $1,924, followed by the psychological and chart-defined barrier at $2,000, with the 200-day EMA further up around $2,124 acting as a broader trend cap.
On the downside, initial support is seen around the current pivot area near $1,918, with the 50-day EMA providing a firmer floor around $1,864; a deeper setback would expose the more distant horizontal support at $1,385, where longer-term buyers could reemerge.
ETH/USDT daily chartXRP rebounds from correctionXRP price trades at $1.03 on Monday, rebounding slightly after correcting over 5% in the previous week. However, XRP is keeping a bearish near-term tone as it holds below the 50-day EMA at $1.10, the 100-day EMA at $1.18, and the 200-day EMA at $1.37.
The RSI around 39 and a negative MACD reading both hint that downside pressure persists, with rallies likely to face selling interest into the overhead EMA band.
On the downside, the first notable support emerges at the psychological and horizontal area near $1.00, where buyers may attempt to slow the decline.
On the topside, initial resistance is now seen at the 50-day EMA around $1.10, followed by the 100-day EMA at $1.18 and the horizontal barrier at $1.30. At the same time, a more substantial cap is reinforced by the 200-day EMA at $1.37 ahead of the distant $1.90 resistance.
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.
The firm said whale accumulation near realized prices aligns with the late stage of a bear market.
Large Bitcoin, Ether, and XRP holders continued accumulating during recent market weakness, analytics firm CryptoQuant said.
The firm’s weekly report, Buying the Bear: A Signal of the Bear Market’s Final Stage, examined the recent accumulation by the largest wallets. It said the steady buying reflects behavior often seen during the closing phase of a bear market.
Whales Accumulate Bitcoin, Ethereum, and XRP For Bitcoin, wallets linked to major holders, excluding exchanges and miners, expanded their combined balance to about 3.06 million BTC this year. Buying accelerated after Bitcoin fell below $60,000 in June, though holdings remain below the 2025 cycle peak.
Ethereum showed an even stronger accumulation trend among its largest holders. Wallets holding between 10,000 and 100,000 ETH reached a record of 19.6 million ETH. Addresses with more than 100,000 ETH have added about 1.8 million ETH since mid-2025, lifting their holdings by roughly 70%.
The accumulation trend contrasted with activity among smaller Ethereum holders. CryptoQuant noted that wallets outside the largest groups reduced their combined balance by about 2.7 million ETH since January, showing a growing divide between large and smaller holders.
A similar shift was also visible in XRP, where large holders continued increasing their positions despite fears and liquidations.
Realized Prices Point to Late Bear Market Conditions The recent accumulation comes as all three assets trade near key realized price levels. Realized price is widely used to assess market cycles because it estimates the average acquisition cost of holders.
You may also like: Wall Street Tightens Grip on Crypto as Institutions Now Drive 72% of Spot Flow: Report Ripple (XRP) ETFs Record Another Green Week but Fresh Concerns Surface We Asked ChatGPT: Is XRP Doomed to Fall Below $1 After the CLARITY Act Delay? Bitcoin was trading around $65,000 compared with a realized price of roughly $52,900, while Ether changed hands near $1,920 against a realized price of about $2,450. XRP traded near $1.04 with a realized price of approximately $0.75, levels the firm described as consistent with late-stage bear market conditions.
According to CryptoQuant, the combination of whale accumulation and prices trading near realized values is consistent with the closing phase of a bear market. The firm added that further downside remains possible before a market bottom is confirmed.
This week brings a heavy mix of inflation, consumer and energy data that could influence risk assets and crypto prices. Bitcoin is approaching a key resistance zone, while XRP and Ethereum analysts are watching different technical setups. Here’s what could matter most for the market.
The week is packed with economic releases, with inflation data likely to be the biggest catalyst:
Key Events This Week:
1. July Existing Home Sales data – Tuesday
2. OPEC Monthly Report – Wednesday
3. July CPI Inflation data – Wednesday
4. July PPI Inflation data – Thursday
5. July Retail Sales data – Friday
6. August MI Consumer Sentiment data – Friday
It's a big week…
— The Kobeissi Letter (@KobeissiLetter) August 9, 2026 July Existing Home Sales — Tuesday: Strong figures could show economic resilience but weaken rate-cut bets. Softer results may lift expectations for easier policy and support risk assets.OPEC Monthly Report — Wednesday: Production and demand forecasts will shape oil-market expectations. Higher crude prices could fuel inflation, while weaker demand may ease price pressures.July CPI Inflation — Wednesday: The week’s biggest catalyst. Cooler inflation could boost Bitcoin and other risk assets, while a hotter reading may trigger selling.July PPI Inflation — Thursday: Shows price pressure at the producer level. An unexpected jump could revive inflation fears and keep borrowing costs elevated.July Retail Sales — Friday: Strong spending would signal a resilient consumer but could limit expectations for aggressive cuts. Weak figures may raise slowdown fears while strengthening easing bets.August Michigan Consumer Sentiment — Friday: Offers a snapshot of household confidence and inflation expectations. A sharp decline could point to weaker economic activity ahead. The CPI and PPI figures will be especially important because they could influence expectations around interest rates and broader risk appetite.
Bitcoin Position Right Now: Will it hit $68K?Bitcoin has pushed toward $64,000, with the $68,000-$70,000 area now seen as the next major zone to watch.
One analyst pointed out that the current move may not be the start of a fresh bull run. Instead, he expects Bitcoin could make one more push toward $69,000 before a deeper correction begins. His projected path is $64K, $69K, $61K, followed by potential moves toward $57K, $53K, $49K and eventually $44K.
🚨 THIS SETUP IS GETTING UGLY
BTC has already pushed into $64K, with $68K-$70K FVG now in sight
But this move doesn't look like start of a new bull run$BTC looks like it's building one final squeeze before real flush begins
— Klarck (@0xklarck) August 9, 2026 Key Levels to WatchCurrent level: $64,000Immediate upside target: $69,000First support: $61,000Major downside levels: $57,000 → $53,000 → $49,000 → $44,000Accumulation zone: $44,000–$53,000Recovery target: $55,000Bullish confirmation: Sustained move above $69,000Bearish signal: Rejection near $69,000 and break below $61,000He further expects around 60 days of accumulation before a possible recovery toward $55,000. He also points to previous calls involving Bitcoin’s $126K cycle top in 2025, the $96K, $60K and $83K, $59K sell-offs, and the latest roughly 10% S&P 500 correction.
Will XRP Revive?Some XRP analysts Julia Liberte and Dandelion said the token is following a structure similar to its 2017 cycle. Their roadmap starts with a move from $1.10 toward $0.97, followed by $1.80, then $2.70-$3.20. If the pattern continues, they see a possible move toward $6.50 and eventually $13.
$XRP is repeating the exact same trendline from 2017.
History is repeating itself.
Right before the 70,000% explosion.
The path to the next bull run:
Scenario 1: (AUG-SEP)
$1.10 → $0.97 → $1.80
Scenario 2: (NOV-DEC)
$1.80 → $2.70 → $3.20
Scenario 3: (JAN-FEB)… pic.twitter.com/e4JhRDAykp
— Julia (@Julia_Liberte) August 9, 2026 Hence another successful support retest could trigger a larger expansion, although these remain technical projections rather than guaranteed price targets.
Ethereum Gets Two Monthly Buy SignsEthereum is also attracting attention after On-chain analyst Ali Martinez revealed two TD Sequential buy Indicators on its monthly chart, a black 9 and an S13.
He pointed to previous Cues, including a 236% rise after the September 2022 buy trigger and a 258% gain following the April 2025. If the latest signs are validated, he sees Ethereum potentially moving toward $3,000.
Other EventsMarkets are also waiting for the Iran deal that the US said was coming last week. The agreement has still not been announced, leaving geopolitics as another factor traders will monitor alongside this week’s economic data.
Story Ends Here
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A crypto analytics firm says large investors are boosting their stakes in Bitcoin, Ethereum and XRP, hinting that the prolonged market downturn could soon be over.
CryptoQuant’s new report, “Buying the Bear: A Signal of the Bear Market’s Final Stage” examines the recent accumulation by the largest wallets.
The firm says whales have stepped up positions across the key crypto assets, displaying buying activity that often marks the final phase of a bear market.
“Smart money is positioning across the majors.
Bitcoin whales are accumulating. Bitcoin whale holdings (excluding exchanges and mining pools) have risen through 2026 to roughly 3.06M BTC, with whales adding aggressively as price dipped below $60K in June — though still below the 2025 bull-cycle peak near 3.23M.
XRP whales are quietly positioning. Spot order sizes remain in “big whale” territory while price holds the $1.0–$1.2 range, yet 90-day taker CVD sits in a neutral phase — accumulation by absorption rather than aggressive market buying.
Large ETH holders are accumulating the bear market. The 10k–100k balance cohort has climbed to record highs near 19.6M ETH and the 100k+ balance mega-whales have added roughly 1.8M ETH since mid-2025 (about +70%), even as the smaller 1k–10k cohort keeps distributing — down ~2.7M ETH since January. Valuations are approaching the undervalued zone across the board. Bitcoin (~$64K) and XRP (~$1.1) trade near their realized prices ($52.9K and ~$0.75), while ETH (~$1,900) trades below its realized price of ~$2,450, near the lower band — historically late-bear-market zones.”
Although the firm believes the risk-reward in crypto markets has improved markedly, CryptoQuant warns further downside is always possible before a confirmed floor is reached.
XRP may already satisfy the requirements that are needed to be treated as a digital commodity under the proposed CLARITY Act, according to analyst Bill Morgan.
The lawyer has argued that the bill’s maturity framework goes beyond its 20% ownership threshold.
The comments come in response to concerns over whether XRP can qualify as a “mature blockchain system” under the aforementioned legislation.
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The CLARITY Act’s framework stipulates that no issuer or affiliated person beneficially owns 20% or more of a digital commodity. It also contains additional criteria pertaining to blockchain governance.
However, the lawyer pointed to alternative provisions that could be relevant to XRP.
The argument is that XRP could potentially satisfy this test because more than half of its total supply has been distributed outside Ripple and related parties.
If that interpretation is accepted, XRP Ledger could end up qualifying under the pre-existing-system provision.
There’s also a separate provision involving exchange-traded products. The Senate draft contains a cutoff for certain network tokens with ETFs on a national securities exchange. XRP could potentially benefit from this provision as well.
Finally, failing to qualify as a mature blockchain would not necessarily mean XRP itself becomes a security in every transaction.
The CLARITY Act distinguishes between a digital commodity and investment contracts involving that commodity. As a result, the regulatory treatment of a particular sale or offering can differ from the legal status of the underlying token itself. The legislation is designed to place qualifying digital commodities primarily under CFTC oversight.
card
Ripple’s directly held, operational XRP is roughly 4.7–4.8 billion XRP. The latest widely cited figure is about 4.74 billion XRP in Ripple-controlled wallets.
That said, more than 32 billion XRP remained in Ripple-controlled escrow.
The Clarity Act stumbles In the meantime, the Clarity Act recently faced a major setback.
As reported by U.Today, the Senate has postponed a floor vote on the much-talked-about legislation.
However, Justin Slaughter, Paradigm's vice president of regulatory affairs, recently opined that the bill was not dead just yet.
We will also take a look at XRP's price movements over the past week and some major predictions.
The spot exchange-traded funds tracking the sixth-largest cryptocurrency by market cap have recorded their fourth consecutive week in the green. However, there are certain warning signs that cannot be ignored.
Meanwhile, the native token’s price dipped toward a key support that has managed to hold… for now. Analysts weighed in on the asset’s potential ahead and what might come next.
XRP ETFs Still in the Green, but… During May and June, months in which the spot Bitcoin and Ethereum ETFs bled out heavily, often in the billions of dollars, the spot XRP counterparties managed to defy the overall slump. As we consistently reported, they recorded an impressive streak of nine consecutive weeks in the green, and even the one that was in the red and stopped it back in early May saw a very modest net outflow of $35,210.
July began on the wrong foot, as the first full week saw over $7 million in net withdrawals. However, the bulls returned in the following three weeks, pouring in $6.78 million, $8.15 million, and $14.86 million, respectively. Thus, the month ended with net inflows of $27.29 million.
While on the surface it appears as a major win, a deeper look shows the first warning sign: this was the second-weakest month in terms of net inflows since January this year. The beginning of August is also in the green, but there’s another warning shot – the actual inflows are a very modest $1 million. At the same time, both the BTC and ETH ETFs attracted over $1 billion combined.
Two out of the five trading days saw no reportable numbers ($0.00), while investors pulled out $3.58 million on Wednesday. The net inflows of $1.15 million on Monday and $3.45 million on Thursday managed to barely offset the losses.
XRP Dipped to Key Support The weak ETF data failed to help XRP during the week in terms of price action, and the asset felt the negative consequences of the delayed CLARITY Act voting in the US Senate. As reported on Friday, the token fell to $1.02, coming just inches away from dipping below the key $1.00 support.
You may also like: We Asked ChatGPT: Is XRP Doomed to Fall Below $1 After the CLARITY Act Delay? XRP Price Slides on CLARITY Delay as Analyst Flags Weak August Trend XRP Forms Long-Term Pattern With $27 Price Target: Analyst Nevertheless, analysts remain bullish on its future price performance. Some expect its ‘strongest price reversal’ if it manages to hold that support and reclaim the $1.05 level soon. Others outlined some massive targets for the next bull run of up to $50, which sound a bit far-fetched at the moment, admittedly.
A recent table highlighting the distribution of XRP holdings is sparking discussion across the cryptocurrency community, as many investors compare their individual balances to those held by other accounts.
Majority of Accounts Hold Small XRP BalancesThe table, compiled by crypto enthusiast Amanda, categorizes XRP accounts by the size of their balances. It reveals that a significant portion of accounts contain relatively small holdings. The largest group includes 1,296,232 accounts, each holding between zero and 20 XRP, which collectively amounts to about 16.51 million XRP.
Accounts with balances ranging from 20 to 500 XRP number 2,384,287, pooling together around 176.51 million XRP. As balance sizes increase, the count of accounts sharply declines. Specifically, 433,531 accounts fall within the 1,000 to 5,000 XRP range, and 129,998 accounts report holdings between 5,000 and 10,000 XRP. Only 58,977 accounts are recorded in the 25,000 to 50,000 XRP bracket.
At the upper end of the spectrum, just 131 accounts are positioned between 20 million and 100 million XRP, while an even smaller group—57 accounts—hold between 100 million and 500 million XRP.
Balance range (XRP)Number of accountsTotal XRP held0 – 201,296,23216.51 million20 – 5002,384,287176.51 million1,000 – 5,000433,531Not specified5,000 – 10,000129,998Not specified25,000 – 50,00058,977Not specified20 million – 100 million131Not specified100 million – 500 million5712.18 billion500 million – 1 billion2312.85 billion1 billion or more46.42 billionConcentration Among Top XRP HoldersThe most notable concentration occurs at the highest end of the scale. Four accounts each hold at least 1 billion XRP, making up approximately 6.42 billion tokens combined. An additional 23 accounts possess between 500 million and 1 billion XRP, totaling around 12.85 billion XRP. The 57 accounts in the 100 million to 500 million bracket collectively hold another 12.18 billion XRP.
These figures underscore the dramatic decrease in account numbers as balances rise, suggesting that while millions of accounts hold smaller sums, a select few control a significant share of the total XRP supply.
Mini dictionary: Amanda is an active figure in the XRP community who frequently shares data and insights related to token distribution and investor sentiment.
Amanda’s post generated a variety of responses from XRP holders, many of whom commented on their personal ranking within the distribution. One user referred directly to the 57 accounts holding 100 million to 500 million XRP, while another participant referenced the four largest accounts at the very top of the scale.
Some users interpreted the current distribution as an eventual opportunity for smaller holders, with one commenter suggesting that these rankings could shift positively in the future. Elsewhere, community members shared their specific rankings, underscoring the widespread interest in where individual XRP balances fit within the larger ecosystem.
Amanda’s table enables XRP investors to effectively compare their holdings to those of other accounts, offering insight into the unequal distribution across the network.
The data continues to raise questions about wealth concentration within the XRP network, with only a handful of accounts holding a sizable portion of the cryptocurrency’s total supply. Amanda’s prompt, “Where do you rank?”, has resonated with the community and brought renewed attention to ongoing conversations about asset distribution in digital currencies.
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.
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
In a major development in the past week, Version 3.3.0 of XRPLD, the reference server implementation of the XRP Ledger protocol, was launched.
The release introduced several new amendments including the first privacy amendment for the XRPL, ConfidentialTransfer: Privacy-preserving Multi-Purpose Token transfers (XLS-0096); BatchV1_1: Atomic batch transactions (XLS-56); DynamicMPT: Multi-Purpose Token properties that issuers can make permanently immutable (XLS-94); PermissionDelegationV1_1: Granular account permission delegation; Sponsor: Reserve and transaction sponsoring (XLS-68); fixCleanup3_3_0: a bundle of amendment-gated bug fixes.
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Alongside bug fixes and build improvements, the XRPL 3.3.0 release retired five amendments. The release retires the long-active Clawback, fixDisallowIncomingV1, fixInnerObjTemplate, fixNFTokenReserve, and fixUniversalNumber amendments, making them a permanent part of the XRPL protocol.
XRPL amendment retirement explainedIn a recent conversation on X, RippleX software engineer Mayukha Vadari explained what "amendment retirement" on the XRP Ledger means. This is essential to prevent the error of confusing it with the feature being retired.
Retiring an amendment means removing the pre-amendment code that still exists in the codebase for amendments that got activated a while ago (like Clawback). This is purely a codebase cleanup and won't affect any users.
We wait 2 years in case there's a need for the old code when…
— Mayukha Vadari (@msvadari) August 8, 2026 According to Vadari, retiring an amendment means removing the pre-amendment code that still exists in the codebase for amendments that were activated a while ago, for instance, Clawback. Vadari noted that this is purely a codebase cleanup and will not affect any users.
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For instance, the Clawback amendment was activated on the XRP Ledger in February 2024, having been active for a long time before its retirement. Vadari explained why the team waits before retiring amendments rather than retiring them immediately after they are enabled.
The RippleX software engineer highlighted a wait of two years for most amendments in case there is a need for the old code when debugging old transactions.
XRPL amendments are new features or other changes to transaction processing. The amendment system uses the consensus process to approve any changes that affect transaction processing on the XRP Ledger.
Fully functional transaction processing changes are introduced as amendments; validators then vote on these changes. If an amendment gets more than 80% support for two weeks, the amendment passes, and the change applies permanently to all subsequent ledger versions.
Disabling a passed amendment requires a new amendment to do so, as well as bug fixes that change transaction processes.
XRP is drawing increased attention as large investors continue to accumulate the token near a critical resistance zone. On-chain analysis indicates that addresses known as whales have acquired more than 380 million XRP, reflecting growing confidence at current price points.
Buy signal flashes on monthly chartTechnical indicators are also hinting at a potential reversal. The Tom DeMark Sequential, a tool often used to spot upcoming trend shifts, has shown a buy signal on XRP’s monthly time frame. This indicator previously highlighted a significant rally in April 2020, when XRP surged over 1,000% after a similar signal appeared.
Currently, XRP is trading around $1.039. Analysts are closely observing whether a breakout is imminent, with the buy signal intensifying discussion about a possible bullish phase.
Resistance at $1.06 and whale activityOn-chain data reveals particularly high activity just below the $1.06 resistance, with nearly 3 billion XRP transacted at this level. If XRP secures a monthly close above $1.06, analysts believe price targets of $1.35 and possibly $1.64 become more attainable in the short-to-medium term.
Despite ongoing fear in the broader crypto sector, signs such as ongoing whale accumulation and the Tom DeMark Sequential buy signal are fuelling cautious optimism for XRP’s prospects.
With the market still dominated by fearful sentiment, the confluence of whale buying and a technical buy signal is weighing heavily on traders’ decisions, as they await signs of a sustainable move above resistance.
As the token continues to test the critical $1.06 threshold, the result may play a pivotal role in determining its next direction. At last check, XRP remained near $1.039, highlighting the uncertainty but also heightened interest among both short and long-term participants.
Tools for proactive market monitoringIn such fast-moving conditions, effective market monitoring becomes essential. Tools like CryptoAppsy, which requires no account creation hassle, combine portfolio management with real-time prices, multi-currency tracking, and advanced charting on a single platform. By enabling users to set custom price alerts, filter news for specific coins, and receive macroeconomic data like Federal Reserve interest rates, this all-in-one financial assistant can help traders seize timely opportunities and stay informed about critical developments, especially around key moments such as resistance tests in assets like XRP.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Crypto analyst Cryptoinsightuk has indicated that XRP may face additional downside before finding a local bottom, estimating a possible 10–15% drop. In a recent analysis on X, the analyst highlighted concentrated liquidity sitting beneath the $1 mark, suggesting selling pressure could persist until that zone is absorbed.
XRP liquidity shifts as market tests key supportCryptoinsightuk reported that hourly liquidity is forming beneath XRP’s $1 level and pointed out an even greater accumulation on the daily timeframe further below. The analyst also noted a noticeable reduction of liquidity positioned above the current price, interpreting this as a potential sign that the market may aim for lower levels.
Based on the ongoing liquidity dynamics, Cryptoinsightuk believes XRP is nearing its lows but could experience another move down before stabilizing. A potential 10–15% slide is anticipated before the token finds support.
Cryptoinsightuk explained that dense liquidity below $1 on both the hourly and daily charts may draw XRP lower, adding that “lows could be close, maybe another 10–15% downside for the bottom here.”
The analysis centers on the structure of leveraged trades and their effect on liquidity pools, which the analyst characterized as a primary driver of sharp price swings in digital assets.
Mini dictionary: Liquidity pools: In trading, these are areas where many buy or sell orders or liquidation levels are clustered. When price reaches these pools, significant volumes can change hands quickly, causing notable price movement.
Leveraged trades and liquidation triggersCryptoinsightuk detailed how leveraged positions influence price action. Every leveraged position in the market has a specific price at which it is forcibly closed, known as the liquidation price. When many traders’ liquidation levels collect around the same point, this cluster forms a liquidity pool.
If price dips into a zone with concentrated long liquidations, a wave of forced selling often occurs as positions are closed. Conversely, if price rallies into an area loaded with short positions, liquidations can trigger forced buying.
Such synchronized liquidations tend to amplify market volatility, resulting in rapid moves either below established support or above resistance zones. While they can set the short-term direction, they do not dictate the longer-term trend for an asset like XRP.
Cryptoinsightuk stated that liquidity pools help shape the path XRP might take but do not determine its final destination, highlighting the need for traders to monitor how these zones influence short-term swings.
$0.88–$0.94 eyed as key liquidity zoneDiscussion among XRP traders on X has focused on the specific downside targets outlined by Cryptoinsightuk. Josh, another user, pinpointed $0.94 as a likely floor, while Cryptoinsightuk referenced the $0.88–$0.925 range as a critical area where most liquidity could be absorbed, adding that $0.94 would be within this region.
Support ZoneAnalyst ViewUser Consensus$0.88–$0.925Primary liquidity targetGeneral agreement$0.94Potential lowSome see this as likely bottomEzzycrypto commented that buy orders were already set within the lower liquidity area, anticipating a brief move or “wick” into the target zone. Cryptoinsightuk responded that such a move is likely and should soon be completed.
Another user, Corey, questioned why recent regulatory news, such as updates regarding the Clarity Act, had not already pushed XRP lower. Cryptoinsightuk concurred, reiterating that major moves are often linked to shifts in liquidity rather than immediate headlines.
Brice also participated in the discussion, observing that downside wicks typically result from the mass liquidation of leveraged positions concentrated near support levels.
The broader analysis points to the importance of watching liquidity beneath the current price as XRP navigates towards a possible local bottom. Cryptoinsightuk’s assessment suggests that traders should pay close attention to order flow and volatility in coming sessions.
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.
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.
An attempt to expand the capabilities of XRP Ledger (XRPL) has sparked a heated technical debate in the crypto community. The discussion was triggered by a radical proposal to increase the limit of the transaction Memo field by 1,200 times, from the current 1 KB to approximately 1.3 MB.
Blockchain enthusiasts have already begun discussing the upgrade's "limitless potential," but some have called for a sober assessment of the risks.
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The authors of the idea, including Vet from the XRPL Foundation, want to allow users to embed files directly into the ledger. The new limit would make it possible to upload the following content in XRPL transactions:
Images and PDF documents;Music tracks and short video clips;Software source code and compressed archives.Promo infographic pushing to increase the XRPL memo limit 1200x for on-chain files, Source: X.comThe proposed change is justified by the principle of freedom of choice — if a network participant is prepared to pay the fee for storing their content, the protocol should provide that option.
Matt Hamilton pushes Filecoin alternativeThe initiative's main critic is Matt Hamilton, a former developer relations director at Ripple. Commenting on the proposal, he criticized the initiative and directly called the new expansion plan "a really bad idea."
The problem lies in XRPL's architecture. The blockchain operates as a distributed payment ledger, not a file-sharing service. For the network to remain secure and synchronized, every validator and node must store the entire transaction history.
If XRP Ledger users begin filling the ledger with large media files, the database will start growing exponentially, Hamilton warned.
Because every node has to store it forever. Really bad idea. Best use an actually storage network like Filecoin and have a way to link the two.
— Matt Hamilton (@HammerToe) August 9, 2026 This would significantly increase hardware requirements, make operating nodes too expensive for independent participants and, in the long term, threaten the network's decentralization.
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Drawing on his experience developing blockchain protocols, Hamilton pointed to more efficient engineering approaches that already exist. Specialized decentralized data storage networks, such as Filecoin, are designed for large files.
According to the expert, this hybrid approach allows users to work with any type of media content while keeping XRP Ledger what it was originally designed to be: a fast, lightweight and scalable payment tool.
Version 3.3.0 of XRPLD, the reference server implementation for the XRP Ledger protocol, was released last week, marking a key milestone for the network. This update introduces a series of bug fixes and improvements, as well as the retirement of five longstanding amendments.
Five amendments retired and integratedThe new release makes permanent the Clawback, fixDisallowIncomingV1, fixInnerObjTemplate, fixNFTokenReserve, and fixUniversalNumber amendments. With their retirement, these functionalities become full and unchangeable parts of the XRP Ledger protocol.
Mayukha Vadari, a software engineer at RippleX, provided insights into the process, explaining that the retirement of an amendment differs from removing a feature. Instead, this involves deleting the pre-amendment code left in the codebase after an amendment has been active for some time.
Removing pre-amendment code is a necessary part of maintaining the codebase and does not affect user experience or existing XRPL functionality.
Vadari stated that, for example, the Clawback amendment has been active since February 2024 and was only retired after a considerable period to ensure no disruption for users or developers.
Why XRP Ledger amendments are retiredThe amendment retirement process is not immediate. Vadari noted that the development team typically waits about two years before removing old, pre-amendment code, in case it is needed for debugging past transactions or resolving historic technical issues.
The goal is to keep the codebase clean while preserving enough data for troubleshooting. This approach minimizes risks for network participants while supporting ongoing development.
Mini dictionary: RippleX, the software and developer platform division of Ripple, focuses on advancing the XRP Ledger ecosystem and supporting developers building applications on XRPL.
How amendments are introduced and passedThe XRP Ledger uses an amendment system to manage and implement protocol changes. Amendments are introduced as new features or updates to how transactions are processed. Each proposed amendment must pass the network’s consensus process, requiring validators to review and vote on changes.
If any amendment gains at least 80% validator support for a period of two weeks, it becomes an integral part of the XRPL protocol from that point forward. These measures ensure that updates have broad support and that the network remains stable and secure.
AmendmentStatusDate ActivatedClawbackRetired (permanent)February 2024fixDisallowIncomingV1Retired (permanent)Not specifiedfixInnerObjTemplateRetired (permanent)Not specifiedfixNFTokenReserveRetired (permanent)Not specifiedfixUniversalNumberRetired (permanent)Not specifiedUndoing an amendment that has already passed is only possible through the proposal and acceptance of a new amendment, which must also undergo the full approval process. This ensures continuity and the integrity of transaction processing across the XRP Ledger.
Fully functional protocol updates on XRPL must pass consensus, and once integrated, disabling them requires a separate amendment and approval from the validator network.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
A proposal to increase the transaction Memo field limit on the XRP Ledger (XRPL) from 1 KB to about 1.3 MB has ignited a lively debate among blockchain developers and users. This planned expansion, which represents a more than thousandfold increase, seeks to open new possibilities for embedding various types of content directly within XRPL transactions.
Push for major upgrade sparks excitement and concernThe proposal was introduced by several contributors, including Vet of the XRPL Foundation, a nonprofit organization dedicated to advancing the XRP Ledger ecosystem. Advocates believe the expanded Memo field would allow blockchain users to upload diverse files such as music tracks, short video clips, software source code, and compressed archives within individual XRPL transactions.
Supporters claim this enhancement aligns with the decentralization ethos of XRPL. They argue that if network participants are willing to pay the necessary transaction fees, they should have the choice to store any type of content on the blockchain.
Despite the enthusiasm, some members of the blockchain community have urged caution, with experts warning of potential technical challenges and risks.
Technical objections and warnings from industry expertsMatt Hamilton, a former director of developer relations at Ripple, has emerged as a prominent critic of the proposal. Pointing to the fundamental architecture of XRPL, he described the expansion as “a really bad idea” and emphasized that the ledger was designed to function as a distributed payment system rather than a file-sharing platform.
Hamilton underscored that every validator and node on the XRPL must store the complete transaction history, so embedding large files could result in exponential growth of the blockchain’s database.
Hamilton cautioned that increased database size would sharply raise hardware requirements, making it costly for independent operators to maintain nodes. Over time, this could reduce network participation and undermine XRPL’s decentralization.
He recommended considering alternative methods for storing large data on decentralized networks. Hamilton referenced systems like Filecoin, which specialize in decentralized storage of large files, as a more practical solution.
According to Hamilton, integrating dedicated storage protocols while preserving XRPL’s core design would allow users to utilize multimedia content without burdening the ledger or compromising its efficiency.
Mini dictionary: Filecoin, a decentralized storage network that enables users to store and retrieve data using blockchain technology, incentivizing participants with its native FIL token for providing storage capacity.
Calls for careful consideration as debate continuesWhile some see the larger Memo field as an opportunity to expand XRPL’s functionality, critics maintain that the potential risks to scalability, decentralization, and cost should not be ignored.
The ongoing discussion highlights a recurring theme in blockchain development: balancing expanded capabilities with network performance and security.
No final decision on the proposal has been reached yet, as the XRPL developer community continues to examine the consequences and feasibility of making such a significant change to the network’s data storage limits.
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 Ledger developers have retired five long active protocol amendments in xrpld version 3.3.0, but the move does not remove their features or require XRP holders to take action.
Summary
XRPL 3.3.0 retires five long-active amendments, making their post-activation behavior permanent within the core protocol. Clawback remains available after retirement because only obsolete pre-amendment code is removed from xrpld software. XRPL documentation allows amendment retirement after two years of Mainnet activation to reduce legacy complexity. Six new amendments entered version 3.3.0, but each still requires validator approval before Mainnet activation. Node operators should upgrade to version 3.3.0 promptly, while users face no retirement-related action required. RippleX software engineer Mayukha Vadari explained on X that retirement removes old pre-amendment code left behind after a protocol change has operated for years. The amended behavior itself stays in place. Official XRPL documentation confirms that retired amendments become unconditional parts of the core protocol.
Retiring an amendment means removing the pre-amendment code that still exists in the codebase for amendments that got activated a while ago (like Clawback). This is purely a codebase cleanup and won't affect any users.
We wait 2 years in case there's a need for the old code when…
— Mayukha Vadari (@msvadari) August 8, 2026 The distinction became important after the Aug. 6 release of xrpld 3.3.0, which retired Clawback, fixDisallowIncomingV1, fixInnerObjTemplate, fixNFTokenReserve and fixUniversalNumber. In other words, “retiring Clawback” does not mean XRP Ledger issuers lose clawback functionality. The network is instead dropping the older code path that described how transactions behaved before the amendment became active.
XRP Ledger retirement makes old rules permanent The XRP Ledger amendment system allows protocol changes to be introduced without immediately forcing every new rule onto Mainnet. Validators vote on amendments, and a proposal must maintain support from more than 80% of trusted validators for two continuous weeks before it becomes active. Once enabled, the new behavior applies permanently unless another amendment later changes it.
During the period after activation, xrpld keeps both the current logic and some pre-amendment code. That legacy code can help developers reproduce old ledger behavior when debugging or verifying historical transactions. However, keeping years of obsolete branches also adds complexity to the codebase.
The official amendment documentation says a Mainnet amendment can be retired once it has been enabled for two years. Retirement removes its old code path, stops treating the change as a conditional amendment and incorporates the newer behavior into the protocol unconditionally.
Vadari described the process as “purely a codebase cleanup” and said it “won’t affect any users.” She added that developers generally wait two years because the previous implementation can still be useful when debugging older transactions. XRPL’s own testing documentation similarly warns that historically accurate transaction replay may require running the xrpld version that originally processed the transaction after old amendments have been retired.
Clawback is not being removed from XRPL Clawback is the most recognizable of the five retired amendments and the easiest to misinterpret. The feature became active on Mainnet on Feb. 8, 2024 and allows qualifying issuers to recover issued tokens from holders when the issuing account has enabled the required clawback setting. It does not allow an issuer to claw back native XRP.
Retiring the amendment therefore means the network no longer needs code for a version of XRPL where Clawback did not exist. Current Clawback behavior remains part of the protocol. The XRPL known amendments page now explicitly marks its pre-amendment functionality as retired.
The other four retirements follow the same principle. fixDisallowIncomingV1 corrected a trust line authorization issue. fixInnerObjTemplate addressed errors involving inner AMM objects. fixNFTokenReserve added reserve checks when NFT offers are accepted, while fixUniversalNumber unified parts of XRPL’s decimal floating point calculations. Their post-amendment rules remain in effect even though the older paths are being removed.
This is not a new governance mechanism. XRPL has retired earlier amendments after their rules became sufficiently established. Version 3.2.0, for example, retired older changes covering Checks, Deposit Authorization, account deletion and other protocol functions.
Version 3.3.0 also starts a new amendment cycle While five old amendments are leaving conditional status, version 3.3.0 adds six new proposals to xrpld. They are BatchV1_1, ConfidentialTransfer, DynamicMPT, PermissionDelegationV1_1, Sponsor and fixCleanup3_3_0. Their inclusion in the software does not mean those capabilities are already active on Mainnet.
As crypto.news reported, ConfidentialTransfer would support privacy preserving Multi-Purpose Token transfers, while BatchV1_1 would allow an account to submit as many as eight inner transactions together. Sponsor would allow third parties to cover fees and reserve requirements, while DynamicMPT would provide more flexibility over selected token properties.
Each proposal must still clear XRPL’s validator process independently. More than 80% support must persist for two weeks before an amendment activates, and support can fall below the threshold and reset the timer.
The difference between these new amendments and the five retired ones is therefore substantial. The new proposals are awaiting network approval. The retired amendments already passed that stage years ago, became established network behavior and have now reached the point where maintaining their older code is no longer considered necessary.
What happens next for XRPL operators For ordinary XRP holders, no migration, wallet update or transaction is required specifically because the five amendments were retired. Clawback and the other affected protocol behaviors continue operating under the established rules.
Server operators have a different consideration. The XRPL 3.3.0 release notice tells operators to upgrade to version 3.3.0 as soon as possible to maintain service continuity. Staying current is also important because servers need software containing the code for amendments that may later become active. A server lacking an activated amendment can become amendment blocked and stop participating normally in the network.
In related coverage, that mechanism was demonstrated in July when activation of fixCleanup3_2_0 left nodes running older incompatible versions amendment blocked.
Attention now shifts from the retired amendments to validator decisions around the six additions in version 3.3.0. As previously reported, ConfidentialTransfer is among the proposals aimed at expanding XRPL’s tools for institutional tokenized assets, but its use still depends on validator approval.
For the five retired amendments, however, there is no comparable vote ahead. Retirement marks the end of their transition period rather than the end of their functionality: the amended rules are now simply part of XRP Ledger’s permanent core behavior.
XRP price hovered at $1.059 on Sunday after holding above the crucial $1.00 psychological support level.
The XRP price traded around 1.8% higher, although weekly performance remained negative following recent selling pressure.
Its recovery reflects improving cryptocurrency sentiment as Bitcoin reclaimed $65,000 and ETH price remained above $1,900.
CLARITY Act Faces Key September 15 Test The Senate could hold its earliest procedural vote on the CLARITY Act on September 15. Nonetheless, that date has not been confirmed as a passage vote by the lawmakers. Senate Majority Leader John Thune placed the legislation in line as lawmakers went on recess in August.
The measure needs 60 Senate votes, requiring support from several Democrats. The conflict with the provisions of ethics and decentralized finance insurance is still a challenge. Such divisions would precondition market expectations before senators come back.
The law aims at establishing more explicit oversight boundaries between the Securities and Exchange Commission and Commodity Futures Trading Commission. The increased predictability of regulation may favor XRP especially since its history is still closely linked to American securities enforcement.
Grayscale research chief Zach Pandl added that the 2026 prospects of the CLARITY Act are dimmed by election-year politics and the Senate calendar. Bitcoin and stablecoin increase could persist anyway. Nonetheless, without expanded regulations, investment and blockchain creation may further leave the United States.
Grayscale: CLARITY Act Unlikely to Pass This Year, but Crypto Can Still Move Forward
Grayscale Head of Research Zach Pandl said the chances of the CLARITY Act passing this year now appear low due to the Senate calendar and election-year politics. He argued that failure to pass… pic.twitter.com/PGcIcYemjt
— Wu Blockchain (@WuBlockchain) August 9, 2026
XRP Price Outlook An effective procedural vote can enhance trust and assist XRP price to break $1.08 and $1.12. Any long term progress to $1.18 would require strong trading volume. Wider strength in Bitcoin and other key assets may also facilitate such a case.
XRP/USDT 4-hour chart: TradingView The inability to move the measure forward may be a disappointment to traders who were hoping to see a move in regulation. XRP price may then retest $1.00, with $0.95 becoming the next downside target. Uncertainty may further be prolonged by political delays up to the midterm election.
The direction of XRP in September will thus rely on legislative progress and technical verification.
XRP ETF Assets Approach $1 Billion While Daily Flows Remain Flat The XRP exchange-traded funds saw no net inflows on August 7, which left combined historical inflows at 1.51 billion.
Total assets reached $953.19 million, representing nearly 1.49% of XRP’s overall market capitalization.
Sosovalue data Bitwise’s XRP fund led the market with $303.40 million in assets. The XRPZ of Franklin came next with 245.36 million. Canary, XRPC, had $237.38 million, and 21Shares and Grayscale controlled smaller amounts.
Joint trading amounted to 15.79 million. Bitwise recorded the highest daily trading value at $8.13 million.During the session, all five funds were lower. Their daily losses ranged between 1.09% and 1.30%.
Cryptocurrency analyst ChartNerd is projecting a gradual shift in the XRP price cycle following the conclusion of the current bear market. He anticipates that, before any potential long-term breakout, XRP is likely to experience another extended accumulation period as part of its established market pattern.
XRP’s historical accumulation patternChartNerd’s analysis traces XRP price history from 2014 onwards, highlighting multiple phases where the asset trended sideways before moving into a fresh rally. Notably, periods between 2015 and 2017, as well as 2018 to 2020, displayed multi-year accumulation zones, each eventually preceding a significant price surge.
Another extended consolidation emerged from roughly 2021 to 2023. According to ChartNerd’s charts, these accumulations often concluded with what he labels a “spring” event, in which prices briefly dip before reversing into a new advance. Most recently, the asset advanced beyond $3 in late 2024 after another accumulation phase.
These repetitive phases reinforce ChartNerd’s expectation that, after the current downturn, XRP will likely follow the same cyclical structure, setting the base for a future move but requiring substantial patience from investors.
The current XRP setupXRP has experienced a prolonged decline in recent months. ChartNerd’s current outlook is informed by the asset’s retreat from its 2024 highs, suggesting the setup is in line with previous patterns where a downturn was followed by lengthy consolidation before a major move.
The analysis projects that XRP could maintain a range-bound trajectory extending toward 2027, providing a foundation for eventual repricing. This view emphasizes that any significant next move for XRP will likely not be immediate, instead requiring an extended period of consistent market development.
Patience could define the next cycleRather than proposing short-term targets, ChartNerd suggests that patience will be critical for XRP investors throughout the upcoming cycle. His core message is to focus on the long-term opportunities presented by recurring accumulation periods in XRP’s historical structure.
Once this bear market passes, the next XRP phase will more than likely be an accumulation range that will set up the higher time frame repricing in the coming years. Paytience.
Many long-term investors are drawn to these structures, where previous cycles have offered significant rewards to those willing to tolerate consolidation periods and avoid short-term speculation.
As traders monitor for signs of a potential spring event or a shift in momentum, crypto portfolio tools have become increasingly relevant. CryptoAppsy, which requires no account setup, offers investors real-time prices, charting capabilities, portfolio tracking in multiple currencies, and customizable smart price alerts. With integrated news filtering, timely discovery of listed altcoins, and access to data such as Federal Reserve interest rates, users can remain proactive in capturing market opportunities and responding to macroeconomic events that often influence digital asset cycles.
Ultimately, ChartNerd’s analysis underscores that recurring accumulation phases have historically defined XRP’s path before stronger repricing. While there is no set timeline for when XRP will break from its next consolidation period, history suggests that patient positioning could play a pivotal role in realizing potential upside during future cycles.
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 continues to trade below its key monthly 20 exponential moving average (EMA), a level that chart analyst ChartNerd described as pivotal earlier this year. While the 20-month EMA now stands near $1.54, XRP is trading around $1.04, marking a pronounced decline from the start of the year.
ChartNerd’s January alert shapes sentimentIn January, ChartNerd emphasized that XRP needed to close the month above $1.91, the monthly 20 EMA at the time. Historically, monthly closes below this indicator have suggested further downside during macro uptrends.
XRP failed to achieve that close, leading to intensified selling pressure and pushing prices sharply lower. The asset has since remained under the 20-month EMA, which continues to act as a central technical barrier for the market.
Never ignore the 20 month EMA. Whether breaking above or below, this level often shapes the next trend.
Current charts indicate the 20-month EMA is still positioned well above XRP’s price, highlighting its ongoing significance for traders and market observers.
June sees accelerated XRP selloffXRP’s decline accelerated in June, with a sharp move downward concentrated in the early part of the month. This additional selling drove XRP towards $1.04, where the price has since stabilized in a narrow trading range. Several recent monthly candles reflect this period of compression as XRP consolidates near current levels.
Simultaneously, the 20-month EMA has continued trending lower, further increasing the distance between the average and current price.
For traders, these technical dynamics suggest that chart monitoring remains critical for anticipating potential breakout scenarios. In parallel to closely watched technical levels, market participants have shown increasing interest in tools that bridge the gap between traditional and digital assets. 1stepSwap, for example, facilitates direct access to shares of major U.S. companies and commodities like gold and silver, with trades executed through users’ wallets and at the best available prices in real time—enabling portfolio diversification without reliance on intermediaries.
EMA at $1.54 remains the key targetTo signal a meaningful recovery, XRP would need to post a monthly close above the 20-month EMA, now set at approximately $1.54. This would mark a key structural shift after an extended period below the indicator.
Until such a move occurs, technical traders are fixated on the gap between XRP’s current price and the 20-month EMA. Several analysts anticipate the possibility of further declines before the trend reverses, while others watch for signs of regained momentum if the indicator is reclaimed.
XRP has maintained support above $1 for over 600 days, but momentum must build soon for the uptrend to remain intact.
A confirmed monthly close above the EMA would reinforce XRP’s price structure and could shift sentiment decisively. For now, the 20-month average remains the most closely monitored level on the chart as the market awaits a potential catalyst for the next major move.
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.
Spot ETFs linked to XRP have just recorded a fourth positive week. This dynamic contrasts with several more cautious signals that have recently appeared in the market. After a July marked by net inflows, flows slow sharply at the beginning of August. At the same time, the token price has approached an important support at 1 dollar. Investors are now monitoring the strength of this level, as analysts consider several scenarios for the next step.
In brief XRP ETFs record a fourth consecutive week of gains. July ended with 27.29 million dollars of net inflows. Flows slow early August, with only about 1 million dollars of inflows. XRP price fell back to 1.02 dollars, close to the key support of 1 dollar. XRP ETFs extend their positive streak In May and June, Bitcoin and Ethereum spot ETFs recorded heavy outflows, sometimes amounting to several billion dollars. However, products linked to XRP resisted this general trend better. They had then aligned nine consecutive weeks of gains, despite only one negative week marked by a limited net outflow of 35,210 dollars, according to a CryptoPotato report.
July then started under pressure, with more than 7 million dollars of net withdrawals during the first full week. Yet investors returned in the following three weeks. Inflows reached 6.78 million, 8.15 million, and then 14.86 million dollars. In total, ETFs finished July with a net inflow of 27.29 million dollars.
Flows slow at the start of August Despite this monthly performance, recent data calls for more caution. July represents the second weakest month for net inflows since January for the ETFs concerned. The beginning of August remains positive, but amounts remain modest with about one million dollars of actual inflows.
This evolution strongly contrasts with the combined performance of Bitcoin and Ethereum ETFs, which attracted more than a billion dollars. Over the five sessions observed, two recorded no flows. On Wednesday, investors withdrew 3.58 million dollars, while inflows of 1.15 million on Monday and 3.45 million on Thursday only compensated partially for the outflows.
Price returns to test a key support At the same time, the XRP price declined this week and approached a major technical level. The token fell to 1.04 dollars at the time of writing, very close to the support at 1 dollar. This drop comes as the vote on the CLARITY Act in the U.S. Senate was postponed, adding further pressure on the market.
Despite this setback, some analyses maintain a positive outlook for what lies ahead. According to their scenario, maintaining above 1 dollar could support a strong reversal. The rapid regain of 1.05 dollars is also a level watched to confirm this hypothesis. Other projections even mention a target of 50 dollars during a next bullish phase, but this perspective remains very ambitious at this stage.
The next development will therefore depend on the support’s ability to hold and the resumption of flows. If inflows remain weak, the progress could lack sustainable support. Conversely, a clearer return of capital and a break above 1.05 dollars would strengthen the recovery scenario. For now, the available data mainly shows a market divided between the resilience of XRP ETFs and price weakness.
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Ghiles A.
Journaliste et rédacteur web passionné par l’univers des cryptomonnaies et des technologies Web3. J’y traite les dernières tendances et actualités afin de proposer un contenu de haute qualité à un large public du secteur.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
Wall Street’s attention to digital assets sometimes emerges subtly, through consistent mentions in critical industry discussions before reaching broader recognition. Recently, Digital Asset Investor drew focus to XRP after referencing a JP Morgan warning that carries considerable weight in the current market climate.
JP Morgan flags market shift risk for HYPEJP Morgan analysts have warned that the HYPE token, issued by Hyperliquid, may see a decline in market share, citing the increasing prominence of Solana and XRP. The bank’s cautionary note followed a period of record ETF inflows that lost momentum in May and June. Digital Asset Investor emphasized the significance of XRP’s growing reputation as it appears more frequently in Wall Street discourse.
JP Morgan’s latest review positions XRP in direct competition with Solana, highlighting the potential for HYPE to lose traction if current trends persist and power shifts within the digital asset landscape accelerate.
The analysis suggests that as Wall Street’s focus develops, projects like XRP stand to benefit from broader market re-evaluations, particularly with current ETF activity slowing and investor attention shifting.
The XRP Ledger’s expansion in real-world asset tokenizationThe growing relevance of XRP is not merely speculative. Since January, the total value of tokenized real-world assets on the XRP Ledger has reached $4.4 billion, marking a 389.9% increase. This surge offers institutional participants tangible data points beyond price movements, according to analysts following the sector.
Tokenization of real assets on the XRP Ledger continues to draw institutional interest. The ongoing shift is steering XRP into infrastructure-level conversations within top financial circles. Integrating technical market tracking tools has become essential for investors aiming to react promptly to large-scale changes. In this context, platforms like CryptoAppsy, which requires no account creation hassle, combine crypto portfolios with real-time prices, advanced charts, and multi-currency management on a single screen. With smart price alerts, curated coin news, rapid altcoin discovery, and instant macroeconomic data such as Fed rates, CryptoAppsy helps investors maintain an edge amid evolving market conditions.
Settlement dynamics and the evolving global financial landscapeBlack Swan Capital analysts recently outlined a structural perspective on XRP, focusing on settlement demand within global finance. Historically, the US dollar’s dominance stemmed from its role as the primary asset in international settlements. However, with rising costs and shifting geopolitical considerations, the landscape is becoming increasingly multipolar.
The analysts explained that XRP is positioned at the intersection where settlement demand is migrating. As automated agents and emerging technologies select settlement solutions that optimize for speed and efficiency, XRP’s transaction characteristics become notably attractive for cross-border flows.
While the thesis does not anticipate XRP replacing the dollar as a reserve currency, it posits that XRP could absorb a larger share of the global settlement market, ultimately impacting its valuation as transactional demand rises.
Black Swan Capital’s view suggests that XRP, owing to its operational advantages, could capture significant settlement flows as automation drives a shift in the mechanics of international transactions.
Regulatory updates: The CLARITY ActOn the legislative front, Senate Majority Leader John Thune confirmed the CLARITY Act is scheduled for Senate review in September. Thune filed cloture on the legislation, while Senator Cynthia Loomis, a leading bill sponsor, reiterated her commitment by stating, “we’ve come too far to quit now.”
Market observers suggest that delays in passing the legislation may affect US venture activity more than pricing in digital assets directly. Nonetheless, JP Morgan’s mention of XRP alongside Solana in a market share caution indicates increasing institutional acknowledgment, adding XRP to risk frameworks used by major banks tracking the digital asset sector.
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 already dipped after the news went viral, but is the actual impact coming next?
The delay of the US CLARITY Act announced at the end of the business week harmed several altcoins, but XRP’s price dipped the most among the larger caps.
BTC and ETH managed to hold support on Friday, remaining above or at key milestones at $64,000 and $1,900. XRP, on the other hand, slipped to just over $1. That’s why we decided to ask ChatGPT for its analysis of the matter and whether Ripple’s token will continue to face adverse consequences.
Why Such a Reaction, XRP? The answer to whether the token will inevitably crash below $1, according to the popular AI solution, was “not necessarily, but the risk has increased.” It explained that the cross-border altcoin has become uniquely tied to US regulatory developments, dating back to the beginning of the lawsuit against the SEC nearly six years ago.
Unlike bitcoin, which has institutional and ETF demand, or Ethereum, which benefits from tokenization, stablecoins, and treasury accumulation from companies like Bitmine, much of XRP’s bullish narrative over the past few years has centered on regulatory clarity.
Passage of the CLARITY Act would likely cement its commodity status in federal law and provide greater certainty for banks, institutions, and ETF issuers. In contrast, delaying the process postpones those potential inflows rather than eliminating them.
OpenAI’s solution pointed out that XRP had historically rallied aggressively on regulatory optimism earlier in the cycle, making it more vulnerable to disappointment when the catalyst faded. Certain analysts agree with the thesis that XRP could indeed slip below $1 soon, but they believe this would open the door for a more profound rally.
Is Sub-$1 Inevitable? Again, ChatGPT doesn’t believe this is the most probable scenario; instead, it thinks XRP has several catalysts that could prevent such a move. Perhaps the most significant support comes from the company behind the token and its substantial expansion experienced over the past few years, which included major partnerships, acquisitions, and regulatory wins, albeit in other jurisdictions.
You may also like: CLARITY Act Gets September 15 Senate Vote as Thune Forces the Issue ‘Bitcoin Doesn’t Need CLARITY:’ Michael Saylor Responds to Bill’s Delay XRP Price Slides on CLARITY Delay as Analyst Flags Weak August Trend The AI also noted that markets tend to overreact to legislative delays – after all, it doesn’t necessarily mean the bill will fail. If investors begin pricing in eventual approval rather than focusing solely on timing, Ripple’s token could stabilize before Washington returns in September.
Nevertheless, it didn’t completely rule out a dip below $1.00, especially if the broader crypto sentiment deteriorates and BTC loses key support. In addition, macroeconomic news or war escalation can trigger another leg down, and both of those factors are outside the scope of the regulatory delay.
Ripple has positioned itself ahead of ongoing US legislative changes by accumulating more than 50 money transmitter licenses, surpassing the requirements set out in the proposed PACE Act. Crypto researcher SMQKE asserted on X that Ripple, the payments technology company best known for developing the XRP Ledger, already fulfills the stringent criteria lawmakers aim to enforce for firms seeking direct access to Federal Reserve payment systems.
PACE Act sets high thresholdThe Payment Access to Cryptocurrency Entities (PACE) Act aims to provide a regulatory framework for digital asset companies connecting directly to Federal Reserve rails such as Fedwire, FedNow, and FedACH, without the need for a traditional bank charter. Under the bill, applicants must secure money transmitter licenses in at least 40 states, establish one-to-one reserves, comply with the Bank Secrecy Act, and register as a “covered provider” with the Office of the Comptroller of the Currency (OCC).
SMQKE emphasized that Ripple holds licensing in more than 50 states, including in New York and Texas. New York’s BitLicense is among the strictest licensing regimes for digital asset service providers and is widely regarded as a benchmark for robust compliance across the US. Companies holding the BitLicense generally face fewer obstacles obtaining similar approvals elsewhere.
Ripple’s portfolio of over 50 licenses means it already exceeds the bar set by the PACE Act, including recognition in New York and Texas, which are known for rigorous oversight.
Ripple’s licensing approach was designed to satisfy both federal and state requirements, which SMQKE argues enables the company to rapidly respond to regulatory changes if the bill passes.
Mini dictionary: PACE Act, US legislative proposal setting requirements for crypto companies to gain direct access to key Federal Reserve payment systems, including Fedwire and FedNow, by mandating extensive state-level licensing and compliance standards.
Messaging standards drive potential integrationA key technical factor supporting Ripple’s eligibility is its adoption of ISO 20022, a global banking format that standardizes data-rich messaging between payment systems. Both FedNow, the Federal Reserve’s instant payment platform, and the XRP Ledger utilize ISO 20022, which could allow for smooth interoperability between the two networks. According to SMQKE, this alignment streamlines the integration process, removing the main barrier for disparate financial systems to communicate in real time.
A payment system designed natively on ISO 20022 not only enables seamless data transfer but also processes transactions 24/7, making it align closely with FedNow’s expectations.
Traditional banking infrastructure frequently relies on older data formats that can limit transaction detail and delay processing through scheduled batch cycles. An ISO 20022-native blockchain bypasses these constraints, delivering truly real-time settlement capacities required by updated federal systems.
Mini dictionary: ISO 20022, an international standard for exchanging electronic messages between financial institutions, allowing for richer payment data and improved interoperability across different systems.
XRPL matches instant payment speedsFedNow is engineered to settle payments within seconds, setting a high bar for any network seeking integration. SMQKE highlighted that the XRP Ledger, Ripple’s decentralized blockchain network, is capable of millisecond-level settlements, matching the real-time expectations of the Federal Reserve’s instant payment rails.
This performance metric has become an essential consideration as federal infrastructure modernizes. Blockchain projects hoping to participate must provide transaction finality at speeds comparable to existing systems.
SystemSettlement SpeedMessaging StandardFedNowSecondsISO 20022XRP LedgerMillisecondsISO 20022PACE Act’s uncertain futureAlthough the PACE Act has bipartisan support and industry backing, it remains a bill in progress in Congress. Companies like Ripple, already compliant with the proposed standards, are likely to have an operational advantage if the legislation is enacted. However, the ultimate decision on any connection to Federal Reserve rails will require OCC approval and final passage through the legislative process.
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.
TLDR: XRP holds near $1 as analysts watch whether the token can defend its key monthly support. EGRAG Crypto sees $1.35 as the first structural hurdle and $1.80 as the major macro trigger. Crypto Patel expects XRP could revisit $0.85 to $0.65 before establishing a stronger accumulation setup. CoinGecko data shows XRP gained 0.59% daily while remaining down 3.87% across the past week. XRP is showing early signs of a possible macro bottom, but key price levels still need confirmation. EGRAG Crypto identified $1.00 as a critical support zone for the monthly chart.
Crypto Patel expects XRP could fall further toward a $0.85 to $0.65 accumulation area. CoinGecko data shows XRP trading near $1.04 after losing 3.87% over the past seven days.
XRP Price Holds Near $1 as Macro Support Draws Focus EGRAG Crypto said XRP’s monthly structure now shows characteristics associated with a potential bear-market bottom. However, the analyst stressed that the signal does not confirm a reversal.
#XRP – THE MACRO BOTTOM IS SIGNALING 🚦:$XRP on the monthly timeframe is starting to show characteristics of a potential bear-market bottom.
📒But remember: SIGNAL ≠ CONFIRMATION.
🟡Here’s my roadmap:
👉$1.00 → Bottoming Battlefield
👉 $XRP must defend this region.… pic.twitter.com/5MXAXzB4GS
— EGRAG CRYPTO (@egragcrypto) August 8, 2026
The $1.00 level remains central to that outlook. EGRAG Crypto said XRP needs to defend the area, while sustained monthly acceptance below it could expose $0.70 to $0.80.
The current price leaves XRP only slightly above that threshold. CoinGecko data puts XRP at $1.04, with daily trading volume reaching $622.06 million.
XRP gained 0.59% over 24 hours, according to CoinGecko, but the token remains down 3.87% over the week. The figures show continued short-term weakness despite the latest daily gain.
EGRAG Crypto also identified $1.35 as the first major structural test. A monthly close above that level could indicate that bearish control has weakened.
The analyst placed the next major threshold at $1.80 to $1.82. A decisive monthly close above that range would mark a broader change in the macro structure.
XRP price on CoinGecko XRP Technical Outlook Points to Lower Accumulation Zone Crypto Patel offered a more defensive outlook for XRP’s current price structure. The analyst pointed to a macro accumulation zone between $0.85 and $0.65.
Patel said XRP had already declined 72% from its cycle top. The analyst also measured a 52% decline from the confirmed breakdown level.
That decline followed a bearish XRP analysis published by Patel in July 2025. The analysis warned that the rally had lost structure and advised taking profits above $3.
Patel now expects another 20% to 40% downside before the next major expansion. The analyst said this outlook supports gradual accumulation rather than deploying capital at once.
$XRP: The Analysis Everyone Laughed At… Until It Dumped 72%
In July 2025, when most of the market was calling for higher prices, I published a bearish #XRP analysis and clearly stated that the rally was losing structure. I advised taking profits above $3 and warned that a… https://t.co/AGHdYcGUHg pic.twitter.com/aUkxE6fZSQ
— Crypto Patel (@CryptoPatel) August 8, 2026
The proposed XRP accumulation range sits below EGRAG Crypto’s $1.00 battlefield. That difference shows how the two analysts interpret the token’s current market structure.
Patel’s longer-term targets include $3, $5, $7 and above $10. However, the analyst said the trend remains bearish in the short term and would update the stop-loss after reversal confirmation.
For EGRAG Crypto, XRP needs to hold $1.00, reclaim $1.35, and then break $1.80. That sequence would provide progressively stronger confirmation of a macro bullish regime.
XRP defended a key support, and now analysts believe a major breakout (to the upside) is coming. However, not all agree.
Perhaps due to the delay of the CLARITY Act at the end of the week, Ripple’s cross-border token slipped to a major support level at just over $1.00, and questions arose whether a dip below that line is only a matter of time.
However, it has managed to remain above it during the weekend, and now a few analysts have noted that a major rebound is coming. One even called it ‘the strongest in history.’
Will XRP Bounce Immediately? The asset’s slip to $1.02 on Friday pushed its RSI into a highly oversold area, which, according to popular analyst Dark Defender, means that the indicator has bottomed on the weekly timeframe. They explained it as the sub-wave structure within the Grand Wave, suggesting the completion of the major correction.
Consequently, Dark Defender turned highly bullish, indicating that investors should “expect the strongest reversal in history” once XRP reclaims the $1.05 zone, which is still being tested from the downside.
Fellow analyst Gerla agreed, noting that the asset just “swept the lows and bounced straight from major support.” He added that the price printed a lower low, while the RSI charted a bullish divergence. As long as XRP remains above $1.02, it has the chance to reclaim $1.08, which could send it “into a serious reversal.”
$XRP just swept the lows and bounced straight from major support.
Price made a lower low while RSI printed a bullish divergence.
The long-term trendline is also being tested perfectly.$1.02 held.
Now a reclaim of $1.08 could send $XRP into a serious reversal. pic.twitter.com/OXCKFiCGr2
— Gerla (@CryptoGerla) August 8, 2026
Meanwhile, other highly optimistic analysts, such as ChartNerd and EGRAG CRYPTO, presented long-term charts hinting at a major breakout ahead for XRP. Their targets sound quite far-fetched at the moment, given the current market conditions, but they are aligned on the expectation that they will be in the low- to mid-double-digit range.
You may also like: We Asked ChatGPT: Is XRP Doomed to Fall Below $1 After the CLARITY Act Delay? XRP Price Slides on CLARITY Delay as Analyst Flags Weak August Trend XRP Forms Long-Term Pattern With $27 Price Target: Analyst Polymarket Odds Disagree Unlike the aforementioned bullish expectations, traders on Polymarket are quite convinced that XRP’s path includes a dip below the coveted $1.00 level. In fact, the odds have risen to 65% for such a drop even by the end of the month. In contrast, a rise to $1.20 has a much smaller probability percentage of 17%, while a more profound rebound to $1.40 is at a negligible 2%.
BREAKING: XRP projected to crash below $1.00 by the end of the month.
65% chance.https://t.co/z5yfnlniyq
— Polymarket (@Polymarket) August 8, 2026
XRP’s painful history in August could be among the reasons behind this rather bearish view, as the asset has closed in the red in all four of the last editions. Moreover, it was just four times in the green since 2013.
XRP traded near $1 on Thursday as traders closely observed whether the token could defend its critical monthly support zone. The price movement came as market analysts outlined key levels that could define XRP’s trajectory in the coming weeks, following a modest daily gain and a week-long decline.
XRP price consolidates around key monthly supportEGRAG Crypto highlighted $1.00 as a decisive threshold for XRP. According to EGRAG Crypto, this zone is essential for the token to establish a macro bottom on the monthly chart. The analyst warned that a sustained breakdown below $1.00 opens the door for further downside, targeting the $0.70 to $0.80 region.
As of the latest CoinGecko data, XRP traded at $1.04 with a 0.59% daily uptick, while still posting a 3.87% loss over the past week. Trading volume stood at $622.06 million as buy and sell orders fluctuated around this pivotal support.
EGRAG Crypto identified $1.35 as the first major technical test. A monthly close above that point would be the earliest sign that selling pressure may be subsiding, with $1.80 to $1.82 as the next critical resistance band and a potential macro trigger for a new bullish cycle.
Market observers noted that confirmation above these resistance thresholds remains outstanding, underscoring the need for prudent risk management and diligent monitoring for trend reversals. In this context, platforms capable of providing immediate access to a wide array of assets at optimal rates, such as 1stepSwap, are gaining attention. By facilitating direct on-chain exposure to equities and commodities without intermediaries, 1stepSwap enables investors to react quickly to market shifts and efficiently diversify their portfolios.
Technical outlook suggests possible lower accumulation zoneOn the other hand, analyst Crypto Patel cautioned that lower levels could define the next accumulation phase for XRP. Patel expects the token may revisit the $0.85 to $0.65 area before a stronger base for long-term upside can be established.
Patel noted that XRP has declined 72% from its cycle high, with a further 52% drop from its confirmed breakdown point. The analyst previously issued a bearish outlook in July 2025, advising profit-taking above $3 when the rally lost momentum.
Crypto Patel projects another 20% to 40% decrease could precede the next expansion phase. He advised gradual accumulation rather than full capital deployment in one move.
The proposed accumulation range by Crypto Patel stands just below the key $1.00 support highlighted by EGRAG Crypto, reflecting a divergence in analyst perspectives on near-term market structure.
Patel listed long-term targets at $3, $5, $7, and above $10. However, he considers the short-term momentum bearish and plans to revise his risk parameters upon a confirmed reversal signal.
Meanwhile, EGRAG Crypto maintains that holding $1.00, reclaiming $1.35, and then breaching $1.80 would represent successive confirmations of a resurgent bullish trend for XRP.
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.
Polymarket assigning a 65% chance of Ripple crashing below $1 has triggered a frenzy.
Naturally, the big question is: How much weight does this prediction actually hold? XRP has been chopping around $1 for nearly two months, with July closing at $1.06. August has kicked off with XRP holding this level, pointing to a clear consolidation phase that has historically set the stage for bullish rebounds.
However, zoom in, and the picture starts to flip. While the monthly and quarterly trends are showing strong resilience, XRP’s weakening competitive edge could explain why the 65% odds aren’t just a fluke. As the chart below highlights, the XRP/ETH ratio is already down nearly 5% this month, extending July’s 13%+ drop, the ratio’s worst monthly loss so far this year.
Source: TradingView (XRP/ETH) This shifts the focus to whether August could dethrone July as the XRP/ETH ratio’s worst month this year.
The odds aren’t exactly far-fetched. Ethereum closed July up over 18%, while Ripple managed just a 2.18% gain. That puts ETH’s monthly ROI nearly 10x ahead of XRP, highlighting where investors could chase upside in August. This becomes even more relevant with Bitcoin still hovering around resistance, making rotational flows into stronger-performing assets more likely in the coming weeks.
If this trend continues, the nearly 5% pullback in the XRP/ETH ratio could be just the beginning of a deeper correction. That puts Polymarket’s 65% odds of XRP crashing below $1 back in focus. With rotational flows still weak, can Ripple [XRP] defy the odds and finally turn August into the much-needed comeback month?
XRP faces bearish odds, but key bullish signals are emerging Looking at the on-chain signals, the test for Ripple bulls is starting to build.
According to CoinGlass data, XRP’s Open Interest (OI) has climbed back to $2.5 billion, returning to mid-July levels. Back then, bulls failed to hold $1.15, triggering a major liquidity sweep as XRP dropped to $1.03 in early August, while OI fell to $2.36 billion. In essence, leverage is building back up, putting more pressure on the $1 support. If bulls fail to hold it again, another sharp liquidity sweep could be on the cards.
That said, the fundamentals can’t be ignored. As the analyst highlighted in the post below, XRP’s deflationary tokenomics remain one of its stronger fundamental points among major L1s. Over the past 206 days, XRP’s total supply has dropped from 99,985,726,061 to 99,985,630,555, meaning 95,506 XRP have been burned, roughly 463 XRP per day.
Source: X Meanwhile, XRP Ledger’s 7-day average active addresses are up 8.1% over the past week, averaging 15.2k daily. Together, the rising network activity and steady XRP burns give bulls some fundamental support, even as price action remains weak.
However, with XRP losing ground against ETH and leverage building back up, these burns look less like a routine reduction and more like a strategic intervention, highlighting the underlying technical pressure. In other words, the burns could be helping protect holder value while the token struggles to regain momentum.
In this setup, Ripple isn’t fully bullish just yet. If smart money doesn’t step in, another July-style liquidity sweep remains a real possibility, keeping Polymarket’s 65% odds of XRP falling below $1 firmly in focus.
