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While XRP's price remains stuck in place, wearing down retail investors' nerves, major players have pulled off a stealth maneuver. In just one week, they snapped up more than 380 million XRP, increasing their combined balance to 8.13 billion coins.
Data from Santiment confirms that whales are literally building a wall of money to keep the price from falling below the key $1 mark.
Big money is clearly acting ahead of the curve after spotting a strong trigger on the charts, as analyst Ali Martinez pointed out that XRP has formed a rare buy signal from the Tom DeMark (TD) Sequential indicator on the monthly timeframe.
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3/5 Whales appear to be positioning for that possibility.
Over the past week, large holders have accumulated more than 380 million XRP, an encouraging sign of conviction at current levels. pic.twitter.com/SRtgOiI2gh
— Ali Charts (@alicharts) August 9, 2026 This pattern is a rare sight, but it has been surprisingly accurate. Over the past six years, it predicted two of XRP's biggest rallies: a 1,074% surge in April 2020 and a 973% increase in August 2022. When the indicator produced a sell signal in April 2025, traders exited in time before a 57% collapse.
The current whale buying proves that they are betting on history repeating itself.
XRP supply squeeze meets regulatory gridlock at $1.06However, buyers will have to dismantle a real barricade before XRP can fully take off. The main battle will unfold at $1.06, as blockchain data shows that around 3 billion XRP previously changed hands there.
If the coin closes August above this level, the bearish trend will officially be broken. Analysts estimate that this would open a clear path for XRP toward $1.35 and then $1.64.
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Whether this whale-driven momentum will hold depends on the broader market environment. On the one hand, Ripple itself supported the market, and during the scheduled release of 1 billion XRP from escrow on Aug. 1, the company locked 700 million coins back in escrow.
On the other hand, the industry is being rattled by the postponement of the U.S. CLARITY Act until September and disputes surrounding the new Ripple Mint platform.
Against this nervous backdrop, the massive buying spree is keeping the price from falling below the psychological $1 floor and turning the $1.06 level into a launchpad for a potential breakout.
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.
XRP Ledger has recorded a sharp contraction in payment volume after another temporary burst of unusually high activity. Daily payment volume briefly exceeded 600 million XRP on August 7 before collapsing toward comparatively negligible levels by August 9. From the local peak, the decline approaches 90% and could initially look like a major deterioration in network usage.
XRP's payment volumes are finally backOver the past month, XRP Ledger's payment volume has been incredibly erratic, with frequent short-lived spikes followed by returns to baseline activity. In August, there was yet another surge. XRP Ledger's volume hit roughly 614.9 million XRP. There was no consistent rise in payment activity as a result of either move.
XRP/USDT Chart by TradingViewThis is significant because, rather than the disappearance of established transaction demand, the most recent 90% decline primarily reflects normalization from an abnormal peak. Before the move could plausibly point to a structural decline in network usage, XRP Ledger would need to stay at low levels for a significant amount of time.
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The price of XRP is still under pressure. The price chart paints a worse picture. XRP is trading at about $1.036 and is below every significant moving average displayed on the daily chart. The larger moving averages remain significantly higher at roughly $1.185 and $1.377, while short-term resistance is located between $1.075 and $1.087. Sellers continue to benefit from that arrangement.
XRP keeps moving to lower highsAdditionally, XRP has been reaching lower highs; however, its most recent attempt to stabilize between $1.05 and $1.10 failed to generate sufficient momentum for a breakout. While weak momentum is confirmed by the RSI at about 40, a heavily oversold market is not indicated.
As a result, sellers can still drive XRP lower without immediately encountering a technical dead end. The primary threshold is currently $1.00. By holding it, XRP may be able to keep consolidating and eventually attempt another comeback toward $1.08–$1.10.
The recent lows between $0.95 and $0.97 would be exposed if that level were lost. However, the 90% decline in payment volume should not yet be viewed as a serious warning for XRP Ledger itself. The most recent decline is consistent with the network's current activity pattern, since recent data indicates that these massive spikes have been episodic.
XRP has once again returned to a crucial price level that has historically marked significant bottoms in its trading history, drawing renewed attention from market participants as the cryptocurrency approaches a potential turning point.
Focus on the 50% range levelA prominent crypto analyst identified as Julia compared XRP’s price structure from 2021–2023 with its current movement in the 2024–2026 timeframe. She emphasized the importance of the midpoint of XRP’s trading range, particularly the $1.03–$1.04 region, where the token has now settled after a recent decline.
Her technical analysis indicates that, during the 2021–2023 cycle, the 50% range level served as the foundation for a market bottom before XRP started to rally. In the latest chart she shared on X, Julia highlighted the similarities between both cycles, suggesting that XRP’s current proximity to this midpoint could prove significant for its short-term trajectory.
Julia compared previous and current market cycles, stating that “from 2021 to 2023, the bottom happened at 50% of the range; in 2024 to 2026, XRP has just reached 50% of the range,” and stressed that price performance does not depend on XRP becoming the next major bank transaction layer. She argued that what matters now is market attention on the asset.
She added that XRP does not necessarily require broad institutional adoption or use in banking infrastructure to achieve stronger performance, but can benefit substantially from investor focus at these levels.
$1 region under scrutinyFurther analysis was provided by a community member known as xNuvAx, who examined technical factors surrounding the $1 region on XRP’s weekly chart. xNuvAx described the $1.03–$1.04 zone as the same midpoint that previously marked the end of a prolonged downtrend in the earlier market cycle.
He also pointed out the presence of a falling wedge pattern and monthly momentum indicators nearing historically oversold territory, factors that could support the case for a potential bottom. Maintaining price action above $1 is seen as critical for confirming a possible bullish reversal.
According to xNuvAx, a close above $1.10 to $1.15 may signal an initial confirmation of strength, while breaking through $1.20 could open the path toward the $1.40 to $2.00 zone.
In contrast, a decisive breakdown below $1, especially on heavy trading volume, could invalidate the emerging bullish setup and send XRP toward the $0.80 range. Historically, August has also been a difficult period for cryptocurrency market performance, but xNuvAx suggested that continuation above current levels could position XRP for a more robust recovery in the final quarter of the year.
Expanding diversification through tokenized assetsAs analysts monitor XRP’s technical patterns and key resistance levels, platforms that bridge traditional and digital assets are also gaining attention. 1stepSwap has introduced a service that allows investors to bring real-world assets onto the blockchain. This platform enables users to access major U.S. company shares and commodities like gold and silver directly from their wallets, eliminating the need for intermediaries or complex onboarding processes. A distinguishing aspect of 1stepSwap is its automatic price discovery, which ensures users transact at the optimal current market rate, providing fast, cost-effective access to both stocks and commodities for portfolio diversification.
With technical setups such as contracting triangles and signals from momentum indicators, ongoing monitoring of market structure is expected to inform traders’ next steps through the remainder of the quarter.
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, the decentralized blockchain network supporting the XRP cryptocurrency, has seen its payment volume drop sharply after briefly surging in early August. Recent data shows that daily payment volume spiked above 614 million XRP on August 7 before retreating by nearly 90% over the following two days.
Erratic payment volumes and network normalizationThe payment activity on XRP Ledger has exhibited significant volatility in recent weeks. Throughout the past month, sporadic surges in transaction volume have been followed by rapid returns to normal levels. While August experienced another extraordinary spike, analysts note that these increases did not lead to sustained higher activity on the network.
Rather than indicating a permanent decline in user demand, the current fall mainly represents a return to normal levels following an abnormal peak. Experts highlight that for any downward trend to raise concern about a structural decrease in XRP Ledger’s network usage, consistently low payment volumes must persist over a longer period.
Recent reductions in payment volume reflect a normalization after an isolated spike, rather than a sustained collapse in network activity. The contraction does not yet signal a broad decline in established transaction demand.
XRP price trends and technical analysisThe price of XRP continues to face downward pressure. At present, XRP trades at approximately $1.036, remaining below all key moving averages as shown on daily price charts. Major moving averages, which investors often watch to gauge longer-term trends, are positioned higher, around $1.185 and $1.377.
Short-term resistance for XRP is found between $1.075 and $1.087, with sellers maintaining an advantage as long as prices remain beneath these resistance zones. Despite several attempts to regain strength, XRP has been unable to sustain a breakout above $1.05 to $1.10, establishing a series of lower highs over recent sessions.
IndicatorCurrent ValueKey ThresholdsXRP Price$1.036$1.075-$1.087 (resistance)Major Moving AveragesBelow $1.036$1.185, $1.377Support Level$1.00$0.95-$0.97 (recent lows)RSI (Relative Strength Index)~40Oversold < 30Technical indicators reveal modest momentum, with the Relative Strength Index (RSI) hovering around 40. This suggests that while XRP is under pressure, the market is not yet entering oversold territory—a condition that typically precedes strong buying interest.
Consolidation and outlook for XRPWith sellers still driving the price action, the primary support level for XRP currently sits at $1.00. A sustained hold above this mark could allow the token to consolidate, potentially setting the stage for a future attempt to recover toward $1.08 or $1.10.
If XRP loses the $1.00 threshold, recent lows between $0.95 and $0.97 may act as the next line of defense. Despite the steep, short-term drop in payment volume, observers emphasize that the episodic nature of these spikes aligns with XRP Ledger’s typical network behavior. No evidence thus far suggests the recent decline marks a more serious threat to the underlying fundamentals of the ledger itself.
Mini dictionary: XRP Ledger is a decentralized, open-source blockchain designed for fast and low-cost digital asset transfers. It supports the XRP cryptocurrency and processes thousands of transactions per second, making it one of the longest-running blockchains in active operation.
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 price holds near $1.04 as the 90% payment-volume decline reflects normalization from a brief 614.9 million XRP network spike. The $1 support level anchors the short-term chart, while a breakdown could expose the recent price lows between $0.95 and $0.97. Forecasts place $2.50 at the upper recovery boundary, but XRP must reclaim $1.10 and major moving averages before testing it. Ripple’s $500 million capital raise, RLUSD expansion, and XRPL tokenization strategy provide a broader institutional backdrop. The XRP price trades near $1.04 after XRP Ledger payment volume fell almost 90% from its August 7 surge. The network processed about 614.9 million XRP at the local peak before activity quickly returned toward its recent baseline.
The contraction looks severe, yet the underlying pattern provides essential market context. XRPL payment flows have repeatedly produced brief jumps followed by rapid reversals during the past month.
That behavior differs from a sustained collapse in established payment demand. Meanwhile, price forecasts place $2.50 as an upper recovery boundary over the coming quarters. However, XRP must first defend parity and reclaim nearby resistance.
XRP Price (XRP) XRP Price Faces Resistance as Ledger Volume Normalizes XRP Ledger payment volume measures transfers between accounts rather than exchange trading activity. A single institutional transfer, treasury movement, or exchange reshuffle can create an unusually large reading. It cannot identify the purpose behind each transfer.
The August 7 surge fits that pattern. Payment activity climbed near 614.9 million XRP without forming an upward trend. Volume then retreated sharply by August 9, producing the headline 90% decline from the temporary high.
XRPL history contains similar reversals. Payment volume exceeded one billion XRP on August 1 before falling near 100 million XRP. Those bursts make peak-to-trough comparisons appear more damaging than the broader activity trend suggests.
A structural warning would require low payment activity across a longer observation period. Analysts would need confirmation from transaction counts, active accounts, exchange flows, and stablecoin transfers. One volatile metric alone cannot establish a persistent network slowdown.
The XRP price chart carries a more immediate risk. XRP trades below moving averages, while sellers maintain a sequence of lower highs. Short-term resistance sits between $1.075 and $1.087. Larger moving averages stand near $1.185 and $1.377.
Momentum lacks a reversal signal. The Relative Strength Index sits near 40, indicating weak demand without reaching oversold conditions. XRP could face more selling before technical exhaustion appears.
XRP/USD daily chart. Source: TradingView XRP Price Forecast Sets $2.50 as Conditional Boundary Moreover, the $1 level now controls the short-term XRP price structure. Holding that threshold could support consolidation and another test of $1.08 to $1.10. A daily breakdown would expose the recent $0.95 to $0.97 lows.
The wider XRP price forecast spans approximately $1.10 to $2.50 over the coming quarters. That range represents a scenario rather than a guaranteed path. XRP must first recover nearby moving averages and end its lower-high sequence.
Ripple’s business expansion supplies a fundamental backdrop. The company raised $500 million at a $40 billion valuation in November 2025. Funds managed by affiliates of Fortress Investment Group and Citadel Securities led the investment.
Ripple has broadened its operations beyond cross-border payments. Its product range now includes custody, stablecoins, prime brokerage, and corporate treasury services. That strategy ties XRP demand to an institutional infrastructure network.
RLUSD adds compliant, dollar-based liquidity across the XRP Ledger and Ethereum. The stablecoin can handle transfers requiring low price volatility. XRP can support bridge liquidity and cross-border routing where rapid conversion matters.
Additionally, XRPL development targets tokenized assets and decentralized finance. Its EVM-compatible sidechain supports Ethereum applications while connecting them with the XRP ecosystem. Native ledger features cover token issuance, trading, escrow, and automated market making.
These developments do not directly guarantee a higher XRP price. Market demand, liquidity conditions, and broader risk appetite still determine price performance. Adoption must translate into sustained network activity rather than isolated payment spikes.
The $2.50 boundary would require a recovery from the present zone. XRP would need to clear $1.10, reclaim larger moving averages, and build higher lows. Until then, $1 remains the chart’s immediate decision level, while $0.95 marks the next downside reference.
ABD’deki CLARITY Act sürecinin ertelenmesi XRP üzerinde diğer büyük altcoinlere kıyasla daha sert baskı oluşturdu. Ripple (XRP) 1 dolar seviyesine yaklaşırken ChatGPT, düşüşün devam edip etmeyeceğini değerlendirdi. Yapay zekâ modeline göre 1 doların altı kaçınılmaz değil ancak risk önceki döneme göre arttı.
ABD’de kripto piyasasına yönelik kapsamlı düzenleme getirmesi beklenen CLARITY Act için sürecin ertelenmesi, altcoin piyasasında satış baskısını artırdı. Büyük piyasa değerine sahip altcoinler arasında XRP, gelişmeden en fazla etkilenen varlıklardan biri oldu.
Bitcoin cuma günü 64 bin doların, Ethereum ise 1.900 doların üzerinde veya çevresinde tutunurken XRP 1 dolar seviyesine kadar geriledi. Bunun üzerine XRP’nin kritik desteği kaybedip kaybetmeyeceği yeniden gündeme geldi.
CLARITY Act Gecikmesi XRP’yi Neden Etkiledi? ChatGPT’ye göre XRP’nin düzenleyici gelişmelere olan bağı, mevcut satış baskısının temel nedenlerinden biri.
XRP’nin yükseliş hikâyesi son yıllarda büyük ölçüde ABD’deki düzenleyici netlik beklentisi üzerine kuruldu. Ripple ile ABD Menkul Kıymetler ve Borsa Komisyonu (SEC) arasındaki uzun süren dava da bu beklentinin önemli bir parçasını oluşturdu.
CLARITY Act’in kabul edilmesi halinde XRP’nin federal hukuk kapsamında emtia statüsünün daha güçlü şekilde netleşmesi ve bankalar, kurumsal yatırımcılar ile ETF ihraççıları açısından daha fazla düzenleyici kesinlik oluşması bekleniyor.
Ancak tasarının ertelenmesi bu potansiyeli tamamen ortadan kaldırmıyor. Yalnızca söz konusu gelişmelerin zamanlamasını ileriye taşıyor.
ChatGPT, XRP’nin önceki dönemlerde düzenleyici iyimserlikten güçlü şekilde faydalandığını da belirtti. Bu nedenle beklenen katalizörün gecikmesi, XRP’yi hayal kırıklığına karşı diğer bazı büyük kripto paralardan daha hassas hale getirebilir.
ChatGPT, XRP’nin 1 doların altına düşmesini kaçınılmaz bir senaryo olarak görmüyor.
Yapay zekâ modeline göre XRP’nin önünde düşüşü sınırlayabilecek çeşitli faktörler bulunuyor. Bunların başında Ripple’ın son yıllarda gerçekleştirdiği genişleme geliyor.
Ripple, farklı ülkelerde yeni ortaklıklar, satın almalar ve düzenleyici kazanımlar elde ederek ekosistemini büyüttü. Bu gelişmeler ABD’deki CLARITY Act sürecinden bağımsız olarak XRP için destekleyici bir faktör oluşturabilir.
ChatGPT ayrıca piyasaların yasama süreçlerindeki gecikmelere zaman zaman aşırı tepki verebildiğine dikkat çekiyor.
CLARITY Act’in ertelenmesi, tasarının kesin olarak başarısız olacağı anlamına gelmiyor. Yatırımcıların ilerleyen dönemde nihai onay ihtimalini yeniden fiyatlaması halinde XRP, ABD’de Kongre çalışmaları yeniden başlamadan önce istikrar kazanabilir.
XRP İçin Düşüş Senaryosu Tamamen Masadan Kalkmadı Bununla birlikte ChatGPT, 1 doların altındaki XRP senaryosunu tamamen dışlamıyor.
Özellikle genel kripto piyasasındaki satış baskısının güçlenmesi, Bitcoin’in önemli destek seviyelerini kaybetmesi veya makroekonomik koşulların kötüleşmesi XRP üzerindeki baskıyı artırabilir.
Buna ek olarak jeopolitik gerilimlerin yeniden tırmanması da piyasada yeni bir satış dalgası yaratabilir. Bu gelişmeler doğrudan CLARITY Act süreciyle bağlantılı olmasa da XRP’nin fiyatını etkileyebilecek önemli riskler arasında bulunuyor.
Dolayısıyla XRP’nin 1 doların altına gerileyip gerilemeyeceği yalnızca Washington’daki düzenleme sürecine bağlı değil. Bitcoin’in yönü ve genel risk iştahı da kritik rol oynayacak.
XRP İçin En Kritik Senaryo Ne? Mevcut tablo XRP açısından iki farklı senaryoya işaret ediyor.
CLARITY Act’in ilerlemesi ve genel piyasa koşullarının toparlanması, ertelenen düzenleyici beklentilerin yeniden fiyatlanmasını sağlayabilir. Bu durumda XRP üzerindeki satış baskısı azalabilir.
Buna karşılık Bitcoin’in önemli destekleri kaybetmesi ve kripto piyasasındaki risk iştahının daha da bozulması, XRP’nin 1 doların altına sarkma ihtimalini güçlendirebilir.
ChatGPT’nin değerlendirmesine göre 1 doların altı şu aşamada kaçınılmaz değil. Ancak CLARITY Act gecikmesi XRP’nin kısa vadeli risklerini artırmış durumda.
Bu içerik genel piyasa verilerine dayanır ve yatırım tavsiyesi değildir. Kendi araştırmanızı yapmanızı öneririz.
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The CLARITY Act, a yet-to-be-enacted legislative proposal with significant implications for the digital asset market, remains under review by the US Senate. Lawmakers have postponed the bill’s vote until September, intensifying speculation about potential effects on the valuation of cryptocurrencies, particularly XRP.
Gemini’s outlook on short-term price movementGoogle Gemini, the advanced artificial intelligence platform developed by Google, recently provided an in-depth analysis on how the passage of the CLARITY Act could influence XRP’s price. According to Gemini, legal recognition of XRP as a digital commodity—administered by the Commodity Futures Trading Commission—would remove uncertainty around future regulatory actions by the Securities and Exchange Commission.
The AI model projects an immediate reaction from the market, with XRP’s price potentially reaching between $2.50 and $4.50. Gemini indicated that a re-test of XRP’s historical all-time high at $3.65 is likely during this phase. However, it warned that any initial surge could be followed by a typical “buy the rumor, sell the news” scenario before longer-term institutional support emerges.
Gemini points out that XRP’s short-term rally would be driven by investor confidence following regulatory clarity, but also cautions that the market has a tendency to see price retracements once landmark legal events are confirmed.
Medium-term growth linked to institutional capitalGemini’s medium-term estimates are based on the flow of institutional investment. The platform suggests that clear regulatory status for XRP may prompt banks and large asset managers—previously limited by internal compliance policies—to consider integrating XRP into their strategies.
Research referenced by Gemini indicates that over the six to twelve months after the CLARITY Act passes, the digital asset could trade within a $5 to $10 range, with $8 serving as a central scenario. This outlook is contingent upon spot exchange-traded funds attracting inflows estimated between $4 billion and $8 billion.
ScenarioEstimated XRP Price RangeMain DriverImmediate after passage$2.50 – $4.50Regulatory clarityMedium term (6-12 months)$5 – $10Institutional ETF inflowsFull-adoption scenario$15 – $30Mass banking integrationMini dictionary: Spot ETF inflows refer to the direct investment of funds into exchange-traded funds that hold the underlying asset—in this case, XRP—rather than derivatives or futures contracts.
Maximum scenario depends on banking adoptionIn its highest projections, Gemini outlines a target of $15 to $30 for XRP if two key developments occur after the legislation is enacted. The first is widespread adoption by US banks for fast, cross-border payments.
The second involves additional banking infrastructure, such as Ripple—the company behind XRP—potentially obtaining official bank charters. Gemini characterizes these conditions as necessary to reach the forecasted upper price range, rather than part of the base scenario.
Mini dictionary: A bank charter is a federal or state license authorizing a financial institution to operate as a bank, which provides legal authority for services such as taking deposits and processing settlements.
Gemini’s analysis suggests that the upper price bands for XRP can only be met if banking and financial infrastructure in the US fully embraces the cryptocurrency for settlement and payments operations.
Regulatory and institutional triggers aheadGemini concludes that the CLARITY Act would serve as a multi-phase catalyst for XRP, with meaningful upside only if further regulatory and institutional milestones are met in the coming months.
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 update introduces privacy and institutional-focused features designed to make the network more attractive for tokenized financial assets.
XRPL has released version 3.3.0, which takes another step toward becoming infrastructure for institutional tokenization.
It introduces several proposed amendments focused on privacy, payments, and managing real-world assets (RWAs).
Confidential Transfers Perhaps the most significant new feature is called Confidential Transfer. It’s designed to allow institutions to hide balances and transaction amounts for Multi-Purpose Tokens (MPTs) while keeping the accounts and the asset type involved visible. It uses cryptographic proofs to verify that transactions are valid without publicly revealing the underlying amounts.
According to the GitHub post and previous reports on the matter, this could address an important obstacle for financial institutions, which may want the transparency and settlement benefits of a public blockchain without exposing sensitive position sizes or transaction values.
Data from RWA.xyz shows that roughly $850 million out of the $1.38 billion in RWA distributed on the XRPL is from Ripple’s own stablecoin, RLUSD. This leaves approximately $530 million in other tokenized assets from other big names in the niche, such as Ondo, Archax, Societe Generale, and VERT Capital.
Other Proposals Aside from Confidential Transfers, the other updates named in version 3.3.0 include Batch, Sponsor, and Permission Delegation. The first amendment would allow up to eight transactions to be grouped together, including an atomic mode in which either all transactions succeed or the entire batch fails. This is expected to benefit complex settlements, swaps, and institutional transactions.
Sponsor is designed to enable one account to cover another user’s transaction fees and reserve requirements. In other words, it could allow companies to onboard customers without requiring them to purchase XRP before interacting with an application.
You may also like: Important Ripple News and XRP Price Update: August 4th Important Ripple (XRP) Announcement, New Investments: August 3 July’s Biggest Ripple (XRP) Stories: RLUSD Expansion, AI, and Institutional Adoption The last one would enable account holders to grant another party pre-defined transaction permissions without surrendering full control of the wallet. It would align with Dynamic MPT and provide issuers with greater flexibility by allowing certain token characteristics to be modified after issuance.
It’s worth noting that these amendments are not live on the XRP Ledger Mainnet yet, as the governance process requires each to maintain support from at least 80% of trusted validators for two consecutive weeks before activation.
Although XRP has briefly flipped to the green side of the market after multiple days of extreme volatility, it has plunged back to levels not seen this month.
Following this heavy price decline, sentiment is increasingly flipping bearish and traders are gradually losing confidence in its recovery over the short term.
Kalshi traders turn bearishFollowing the massive slowdown in its price, traders are predicting XRP could be heading for another test of the $1 level this month, per the latest data provided on crypto prediction market Kalshi.
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The bearish sentiment is coming as traders appear to be increasingly exercising caution after XRP fell to its previous low of around $1.02.
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Notably, the latest predictions on the platform regarding how low XRP could fall in August show that traders are betting on a possible retest of the $1 price level.
While the prediction market further recorded a trading volume of about $13,374, it appears that traders are actively placing bets on XRP's potential downside in August.
What is XRP saying?It appears that the bearish predictions from traders regarding XRP's potential downward trajectory have been largely fueled by its recent price movement, which remained consistently in red territory for a long period.
However, XRP is beginning to print a different signal as its price is showing a decent recovery from the downtrend, with market analysts suggesting that traders are becoming exhausted.
As of the time of writing, XRP is showing a decent price gain of about 1.61% over the last 24 hours. If it is able to hold the positive momentum, the asset will be able to hedge against negative predictions from traders.
ABD Senatosu’nun Kripto CLARITY Act kapsamında nihai oylamayı Eylül 2026’ya ertelemesi, XRP fiyatındaki satış baskısının artmasına neden oldu. Düzenleyici belirsizliğin uzamasıyla birlikte yatırımcıların kısa vadeli risk iştahı zayıflarken, XRP 1,02 dolar seviyesinde tutunmaya çalışıyor. Piyasada yeniden 1 dolar psikolojik desteği öne çıkarken, teknik göstergelerin daralan bant yapısı fiyatın yakın zamanda sert bir yön hareketi gerçekleştirebileceğine işaret ediyor.
Erteleme Kararı XRP’yi Baskıladı ABD Senatosu’nun tatile girmesiyle CLARITY Act için nihai oylamanın Eylül 2026’ya kalması, kripto piyasasında düzenleyici belirsizliğin uzamasına neden oldu. Gelişmenin ardından XRP, büyük kripto varlıklar arasında dikkat çeken kayıplar yaşarken fiyat 1,02 dolar civarında dengelenmeye çalıştı. CLARITY Act, ABD’de dijital varlık piyasasına yönelik daha net bir düzenleyici çerçeve oluşturmayı amaçlayan önemli yasa tasarılarından biri olarak görülüyor. Oylamanın ertelenmesi, yatırımcıların kısa vadede daha temkinli hareket etmesine neden olabilir. Nihai oylamanın Eylül ayına kalması, XRP üzerindeki düzenleyici belirsizliğin bir süre daha devam edebileceğine işaret ediyor.
Teknik Görünümde 1 Dolar Kritik Seviyeye Dönüştü XRP’nin günlük grafiğinde satış baskısının 1,0240 dolar seviyesinde yavaşlaması, bu bölgeyi kısa vadeli önemli destek haline getiriyor. Bollinger Bantları’nın daralması ise fiyatın sıkıştığını ve önümüzdeki dönemde daha sert bir hareket yaşanabileceğini gösteriyor. Fiyatın 1,0240 dolar üzerinde kalması halinde 1,0831 dolardaki orta bant ve ardından 1,1423 dolar seviyesindeki üst bant gündeme gelebilir. Ancak bu seviyelerin aşılması, mevcut düşüş trendinin tamamen sona erdiği anlamına gelmeyebilir.
XRP’nin 1 doların altına kalıcı şekilde gerilemesi halinde satış baskısının güçlenmesi beklenebilir. Bu senaryoda haftalık grafikte öne çıkan 0,9572 dolar seviyesi ilk önemli destek olarak takip edilecek. Daha sert bir düşüş yaşanması halinde ise aylık grafikteki 0,6625 dolar bölgesi uzun vadeli destek olarak öne çıkıyor. Bu nedenle yatırımcılar açısından 1 dolar seviyesi yalnızca psikolojik değil, aynı zamanda piyasanın genel yönünü belirleyebilecek teknik bir eşik konumunda bulunuyor.
Alıcılar 1,0240 Doları Savunabilecek mi? XRP’de kısa vadeli görünümün yeniden güç kazanabilmesi için öncelikle 1,0240 dolar seviyesinin korunması gerekiyor. Bu desteğin üzerinde kalınması ve alım hacminin artması halinde fiyatın 1,0831 ve 1,1423 dolar dirençlerini test etmesi mümkün olabilir. Buna karşılık 1 doların kaybedilmesi, yatırımcıların satış baskısını artırmasına ve XRP’nin 0,9572 dolar seviyesine doğru gerilemesine neden olabilir. Bu nedenle önümüzdeki süreçte hem CLARITY Act gelişmeleri hem de XRP’nin 1 dolar çevresindeki fiyat hareketi yakından takip edilecek.
Son dakika kripto para haberleri için hemen tıkla
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Large holders of XRP have quietly accumulated 1.23 billion additional tokens since January, bringing their combined balances to 12.2 billion XRP, according to the analytics firm Santiment. Despite the accumulation, XRP’s price has declined 43% from the start of 2026, highlighting a divergence between on-chain whale activity and market momentum.
XRP whale accumulation trendsAt the beginning of the year, wallets holding between 10 million and 100 million XRP controlled 10.97 billion tokens. By early July, these addresses reached a new high of 12.27 billion before settling slightly lower at 12.2 billion, suggesting some light distribution had occurred after the accumulation peak.
During November 2025, these large holders expanded their supply by 2.4 billion XRP in a single month. The value of the newly accumulated 1.23 billion XRP sits at approximately $1.279 billion based on present market prices. If prices returned to XRP’s previous all-time high of $3.66, these holdings would have been worth nearly $4.5 billion, demonstrating the scale of whale exposure to price changes.
Accumulation slowed in late 2025, with fewer purchases recorded in December and a relatively quiet period until March 2026. A gradual buying trend resumed in spring and continued into the summer, helping the cohort notch a new holdings record in July.
However, growth in large holders’ activity has not been uniform across exchanges. On-chain analyst Darkfost flagged that transfers to Binance dropped sharply by mid-July, totaling just 25.3 million XRP for the month, a notable reduction from a peak of 583 million XRP previously seen at their most active.
Large holders reduced their transfers to Binance in July, and Darkfost emphasized that seller exhaustion had likely eased some short-term pressure, with price consolidating around $1 since June. Sustained buying would still be needed for a decisive bullish shift.
Since January, the number of wallets in the 10 million to 100 million XRP group rose from 301 at the start of the year to 322 by early July, before slipping back down to 313. This remains below the all-time high of 351 but indicates some renewed interest among large investors.
Shifting dynamics among whale groupsNot all large holders have taken the same approach to the recent price environment. Wallets containing 100 million to 1 billion XRP reduced their holdings from 8.43 billion at the start of 2026 to 8.13 billion currently, distributing about 300 million XRP over the year. In contrast, investors with 1 million to 10 million XRP modestly increased their group total by 260 million, bringing their collective tally to 3.83 billion XRP.
Meanwhile, mid-tier investors controlling between 100,000 and 1 million XRP saw their collective balances dip by 60 million XRP to 6.37 billion, underlining a mixed picture across wallet tiers.
The differing strategies among whale groups suggest investors are positioning based on wallet size, making whale behavior a critical signal to watch as XRP seeks further price recovery.
Price outlook and market signalsXRP is currently trading above $1, yet some market analysts see potential for another decline of up to 35% in the coming months. Over the past month, XRP has fallen by only about 6%, although it remains up 10% compared to other leading altcoins. Ethereum and BNB posted gains of 10% and 5%, respectively.
The recent accumulation by large holders suggests that certain investors are preparing for a long-term play, though persistent market demand remains essential. Wide swings in whale transfers and holdings continue to shape short-term price direction, and market monitoring tools now play a greater role for both institutions and individual traders.
In view of evolving on-chain activity and the need for real-time intelligence, investors increasingly use portfolio solutions like CryptoAppsy. By offering instant price updates, custom alerts, multi-currency portfolio views, and macroeconomic data on a single screen, such platforms aim to help users spot fresh altcoin listings, filter sector-specific news, and react quickly to shifting conditions, such as changes from the Fed or sudden price movements in 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.
XRP Ledger validators will vote on a privacy amendment designed for institutional transfers as the network hosts more than $530 million in distributed tokenized assets outside RLUSD.
Summary
Confidential Transfers would encrypt MPT balances and payment amounts while keeping accounts and token types visible. XRPL hosts about $1.38 billion in distributed assets, including $845.7 million of RLUSD. The first version supports direct MPT payments only, excluding exchange trades, escrow and checks. Activation requires 80% validator support for two consecutive weeks. XRP Ledger privacy amendment enters validator process XRP Ledger version 3.3.0, released on Aug. 6, includes six proposed amendments focused largely on institutional asset issuance and settlement.
Confidential Transfers is the most privacy-focused proposal. It would allow users to encrypt balances and payment amounts attached to Multi-Purpose Tokens, or MPTs, which XRPL designed for assets such as tokenized funds, bonds and other financial instruments.
Accounts involved in a payment and the type of asset being transferred would remain visible. However, outside observers would not be able to see the value held by each account or the amount sent in an individual transaction.
The ledger would use cryptographic proofs to confirm that a transaction is valid and that balances remain consistent without publicly revealing the underlying figures. That structure targets institutions that need transaction confidentiality while operating on a shared ledger.
None of the amendments became active with the software release. XRPL validators must approve each proposal separately before it can become part of the network.
Privacy feature targets growing XRPL RWA market RWA.xyz data tracks about $1.38 billion in distributed real-world assets on the XRP Ledger. Ripple’s RLUSD stablecoin accounts for approximately $845.7 million of that amount.
Removing RLUSD leaves more than $530 million in other distributed tokenized assets that could potentially use the privacy feature. Ondo Finance accounts for about $212.6 million, followed by VERT Capital at $116.1 million and Archax at $55.4 million. Societe Generale represents another $11.6 million.
The market remains concentrated among several large issuers, but recent launches show that XRPL is moving beyond pilot programs.
As crypto.news previously reported, Aviva Investors launched a tokenized share class of its U.S. Dollar Liquidity Fund on XRPL on July 29. The regulated product uses blockchain records while BNY Mellon continues to hold the underlying assets.
Ripple has also invested in ZILO and Licuido to expand fund administration, token issuance, secondary trading and collateral tools built around the ledger.
Confidential Transfers remain limited at launch Confidential Transfers would initially apply only to direct MPT payments between accounts. Holders must opt into the encrypted format before using it.
The first version would not support transactions conducted through XRPL’s built-in decentralized exchange. It would also exclude escrow arrangements and checks, limiting its immediate usefulness for more complicated institutional workflows.
Version 3.3.0 includes other amendments that could address some of those workflows. Batch would let users package up to eight transactions together, including an atomic mode in which every transaction succeeds or the entire group fails.
Sponsor would allow one account to cover another account’s transaction fees and reserve requirements. This could let institutions onboard users without requiring each participant to obtain XRP before making a transaction.
Permission Delegation would allow an account to authorize another party to submit only specified transaction types. Dynamic MPT, meanwhile, would let issuers modify certain token properties after issuance.
US Treasury settlement provides institutional test case The privacy proposal could be relevant to U.S.-linked tokenized securities already using XRPL. In May, JPMorgan, Mastercard, Ripple and Ondo tested the redemption of a tokenized U.S. Treasury fund.
Ondo’s OUSG moved over XRPL while JPMorgan’s Kinexys network handled the corresponding dollar settlement. The asset leg reportedly cleared in under five seconds.
The test showed how regulated financial institutions could connect blockchain-based assets with established banking systems. Confidential Transfers would add an option to shield position sizes during similar direct transfers, although its initial limitations mean it would not cover every stage of issuance, trading or redemption.
Each XRPL amendment requires support from at least 80% of trusted validators for two continuous weeks. The next test is therefore whether Confidential Transfers clears that threshold—and whether institutions already issuing assets on XRPL choose to use it once available.
Ripple’s XRP token continues to reflect the general market downturn, but the cryptocurrency has shown firm support just above the $1 level. Market data from CoinGecko recorded XRP dipping to $1.04 twice over the last month, first on July 1 and again on August 6. This recent pattern indicates that the asset’s current price zone could represent a potential bottom.
XRP’s price outlook after SEC lawsuit resolutionXRP faced extended pressure over recent years due to a lawsuit initiated by the US Securities and Exchange Commission (SEC) against Ripple. The SEC, which regulates securities markets in the United States, accused Ripple of conducting unregistered securities sales when it launched the XRP token. The case began in December 2020 and created long-term uncertainty for the asset.
In 2025, a US court clarified the distinction between retail and institutional sales, concluding that offers to retail customers were not considered securities while institutional sales fell under securities regulations. This landmark ruling delivered significant regulatory clarity for XRP and played a key role in restoring market confidence.
XRP reached a new all-time high of $3.65 in July 2025 after gaining clarity from the court decision on its regulatory status.
This court decision marked a turning point for Ripple, a fintech company best known for its digital payment protocol and the XRP cryptocurrency. The outcome helped the asset stabilize and led to renewed interest among both retail and institutional traders.
Mini dictionary: Ripple, a US-based fintech firm, developed the XRP Ledger and its associated digital asset XRP, aiming to enable fast, low-cost international payments for financial institutions.
Potential impact of new regulation and ETFsInvestors are closely watching the US Senate as it considers a vote on the CLARITY Act, a proposed bill designed to provide additional regulatory guidelines and enhance investor protection within the cryptocurrency industry. If passed, the legislation could create a more transparent environment for digital assets and potentially boost confidence among both retail and institutional participants.
Analysts have suggested that passing the CLARITY Act may result in a renewed price surge for XRP, especially if sentiment shifts across the broader crypto sector.
An increase in investor confidence tied to regulatory clarity could support a further uptick in XRP’s price.
In addition to regulatory developments, the launch and performance of spot exchange-traded funds (ETFs) based on XRP have become important factors. A series of XRP-focused ETFs began trading late last year, and market observers consider strong ETF inflows a bullish indicator. When inflows grow and the overall crypto market shows strength, XRP is likely to target a new annual high.
EventDatePriceXRP hits recent lowJuly 1, 2026$1.04XRP hits recent lowAugust 6, 2026$1.04XRP all-time highJuly 2025$3.65Market trajectory and outlookDespite positive developments, some analysts believe XRP will not surpass its all-time high in the near term. Projections for the next major Bitcoin cycle suggest that BTC could reach its peak in 2029, with altcoins such as XRP likely to follow a comparable trend during that period.
For now, XRP appears to have established a solid support base close to $1. If bullish momentum is reinforced by new legislation and strong ETF inflows, the asset could attempt substantial gains, seeking to challenge previous yearly highs.
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 close to a crucial support zone, showing signs of resilience after a period of price consolidation. The token recently hovered around $1.0342, following a brief dip to $1.0139, which has proven to be a critical level for buyers.
$1.0139 remains a pivotal support levelAccording to chart analysis by Levi Rietveld, the creator of Crypto Crusaders and a leading XRP commentator, the $1.0139 area held firm as buyers entered the market. This support level has gained significance after XRP’s steady decline from the peaks reached in July.
Rietveld highlighted that buyers stepped in to defend the $1.0139 area, allowing a recovery to the $1.0342 region. The price action suggests that a sustained hold above this level may provide momentum for a further upward move. If selling pressure increases, attention may shift to the lower zone near $1.01, with the $1.00 region acting as an essential psychological and technical barrier.
As shown in Rietveld’s post, “XRP held strong above the $1.0139 support, showing buyers are stepping in,” reinforcing the significance of this level in the current market structure.
Key resistance zones emergeThe first significant upside target sits near $1.0580, slightly above XRP’s current level. Analysts observe that breaking through this resistance could set the stage for a move toward $1.0902, which sits just below the psychological milestone of $1.10.
Recent attempts to breach $1.0580 have met resistance, but a decisive move above this level could quickly draw interest to the next challenge at $1.0902. Continued bullish momentum may bring XRP closer to $1.1228, another marked resistance area on recent charts.
A sustained rally above $1.1228 would put further upside within reach, including resistance around $1.18. If buyers maintain control through these zones, the $1.2921 level could come into focus as a potential target.
Buyers focus on building strengthMarket participants remain closely focused on XRP maintaining its support. As Rietveld stressed, “All eyes on XRP!!” The token is situated between the well-defended support at $1.0139 and a range of resistance levels above, intensifying interest in any decisive move.
Active monitoring of support and resistance zones has become increasingly critical for investors looking to react to short-term price shifts. As traders navigate this consolidation, leveraging all-in-one solutions like CryptoAppsy can streamline their process. Without requiring any account creation, CryptoAppsy combines real-time prices, detailed charts, and multi-currency portfolio management in a single dashboard. Users can set up smart price alerts, customize news for their specific holdings, track new altcoin listings promptly, and incorporate macroeconomic data such as Federal Reserve interest rates to enhance their market strategy.
The chart highlights that XRP sits tightly between a major support and multiple resistance levels, making the coming sessions important for determining the next directional 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.
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
XRP Ledger is entering a new phase as its first privacy-focused amendment moves into the voting process.
XRPL Foundation director of community Hussein Zangana (Vet) highlighted this milestone in a recent X post. "The XRP Ledger introduced its first privacy amendment for voting. Allowing balances and transfer amounts of tokens on XRPL to be encrypted without a private walled garden chain. Privacy on XRP," Vet wrote.
The $XRP Ledger introduced its first privacy amendment for voting.
Allowing balances and transfer amounts of tokens on XRPL to be encrypted, without a private walled garden chain.
Privacy on XRP. pic.twitter.com/GpgvDvPCS6
— Vet (@Vet_X0) August 7, 2026 The XRP Ledger version 3.3.0, launched this week, introduced several new amendments, including Confidential Transfer, which adds private transfers for Multi-Purpose Tokens. This is notably the first XRPL privacy amendment.
Confidential Transfer (Privacy-preserving Multi-Purpose Token transfers, XLS-0096) allows private, auditable transactions for Multi-Purpose Tokens (MPTs).
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The Confidential Transfers feature provides institutional-grade privacy for multi-purpose tokens using advanced cryptography (EC-ElGamal and ZKPs). Individual balances and transfer amounts remain shielded from the public ledger while compliance mechanisms for authorized parties (issuers, auditors, or designated entities) are maintained to verify total supply and meet regulatory obligations.
This week, the On-Chain Cosigner proposal was submitted. On-Chain Cosigner brings native multi-signature proposal and collection to the XRP Ledger, allowing streamlined on-chain coordination for transactions.
XRP fix upgrade ahead The latest XRP Ledger version 3.3.0 introduces the fixCleanup3_3_0 amendment, a bundle of amendment-gated bug fixes.
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FixCleanup3_3_0 bundles several fixes for the 3.3.0 release, including unifying freeze and deep freeze checks for transfers to and from pseudo-accounts in the VaultDeposit, VaultWithdraw, AMMDeposit, AMMWithdraw, LoanBrokerCoverDeposit, and LoanBrokerCoverWithdraw transactions.
FixCleanup3_3_0 also fixes hybrid offers being removed from the open order book when the account that placed them loses access to the permissioned domain and resolves Automated Market Maker liquidity being included in quality estimates for permissioned DEX order books. It adds further precision and rounding fixes for Single Asset Vaults and the Lending Protocol, among several other fixes.
The XRP Ledger version 3.3.0 retires the long-active Clawback, fixDisallowIncomingV1, fixInnerObjTemplate, fixNFTokenReserve, and fixUniversalNumber amendments, making them a permanent part of the protocol.
XRP has shown a recurring pattern of losses every August during US midterm election years dating back to 2014, according to cryptocurrency analyst ChartNerd. This trend, observed across multiple election cycles, has led to speculation about whether August 2026 will continue the sequence or break it.
The Numbers Behind the PatternChartNerd shared detailed figures for XRP’s August monthly closes in midterm years: in August 2014, the token fell 5.7%; in August 2018, it declined 23.0%; and August 2022 saw a 13.7% drop. The average decline across these three periods stands at 14%.
A historical chart provided by ChartNerd marks the pricing bottoms in these years, showing subsequent rallies. After the June 2014 low, XRP surged 936.13%. The August 2018 low was followed by a 210.67% increase, and the June 2022 bottom led to a 96.23% rally. The prices differed significantly during each period, but a consistent recovery emerged after summer lows in each case.
YearAugust Change (%)Subsequent Rally (%)2014-5.7936.132018-23.0210.672022-13.796.23ChartNerd emphasized that XRP frequently prints local lows or cycle bottoms between June and August, which have historically set the stage for post-summer price rallies.
ChartNerd is an independent cryptocurrency analyst known for sharing technical trends and historical data on digital assets, particularly on X (formerly Twitter).
Mini dictionary: Midterm election years, in the United States, are those when congressional (but not presidential) elections occur, typically every four years. These cycles sometimes correlate with notable market volatility or seasonal price patterns in various asset classes.
Why June Through August MattersIn a follow-up analysis, ChartNerd outlined the monthly performance dynamics. June often registers weak returns during bear markets, while July tends to provide short-term relief for XRP investors. However, August has established itself as the most consistently negative month, with each midterm-year August since 2014 recording losses.
The analyst described August as maintaining “the longest consecutive active losing streak of any calendar month in history” for XRP. The data brings attention to the cyclical impact that the June-to-August period can have on this cryptocurrency.
ChartNerd argued that this seasonal window holds added importance and that investors should monitor price action closely as these patterns continue to repeat every four years.
What Comes NextLooking ahead, ChartNerd suggested that if XRP records another loss in August 2026, this would further strengthen the multi-cycle pattern. Even so, the analyst called a negative August close “a common theme” that may indicate future opportunity based on past price recoveries.
Currently, XRP trades at $1.06993, having retreated from a 2025 high above $3.20. The token remains within the historical June–August window where previous bottoms were observed before notable gains.
ChartNerd concluded by urging investors to pay attention during this period, suggesting that cyclical weakness may again precede a rebound.
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 fate of the CLARITY Act, which seeks to define digital asset regulation in the United States, is now centered on crucial negotiations set for September, following a Senate impasse that left the legislation unresolved before lawmakers departed for the August recess.
Senate deadlock delays digital asset billMarket analyst Diana noted that Senate Democrats threatened to block progress on the CLARITY Act if Republicans forced a procedural vote before securing bipartisan backing. Instead of pushing ahead, Republican lawmakers retreated from an immediate cloture vote, deferring further action and leaving the bill’s future uncertain until after the recess.
The political stalemate highlighted a core issue: neither party currently holds sufficient support to advance the bill independently. Democrats have called for revisions to the legislation, while Republicans are wary of exposing a lack of cross-party consensus by pushing a vote prematurely.
This pause means that negotiations throughout August will be pivotal for determining whether both sides can reach agreement, potentially paving the way for movement on the legislation when Congress reconvenes. Should talks once again falter, observers warn that delays will likely deepen skepticism around the bill’s prospects for passage.
CLARITY Act’s significance for crypto marketThe CLARITY Act is designed to establish comprehensive guidelines for digital assets and clarify the oversight roles of federal regulators. These clarifications have been sought by the crypto industry to reduce legal uncertainty and encourage institutional participation in US blockchain markets.
Uncertainty persists as neither Senate Democrats nor Republicans can move the CLARITY Act forward without compromise. The crypto sector continues to press for legislation that defines regulatory responsibilities and digital asset classifications within the United States.
For XRP and other established blockchain networks, the immediate market effects are less about price movement and more about the security that regulatory clarity can provide. Clearer classifications could lay a foundation for greater institutional involvement and enhance confidence across digital asset ecosystems, including the XRP Ledger.
Bipartisan negotiations to determine regulatory outcomeCrypto industry participants are turning their attention to the outcomes of these scheduled Senate discussions. Key developments will include whether both parties can resolve their differences, if Senate leaders opt to set another procedural vote, and how the final wording of the bill will treat the classification of digital commodities and larger blockchain networks.
Recent action in Congress shows the bill is delayed rather than abandoned. While Republicans initially pressed for a vote in August, the decision to postpone means all eyes are now on September, when renewed negotiations may either revive optimism or prolong legislative uncertainty.
Amid this period of political negotiation, platforms that address the demand for regulatory transparency and frictionless access to real-world assets are drawing new interest.
1stepSwap represents one such development for investors aiming to diversify portfolios amid evolving US policy. By bridging the gap between traditional finance and digital assets, 1stepSwap allows users to access and trade shares of leading American companies and commodities like gold and silver—directly through their wallets, without intermediaries. This capability includes real-time discovery of the best prices available in the market, enabling users to buy and sell major stocks in seconds while maintaining portfolio flexibility and efficient execution.
Ultimately, the September Senate session stands as a make-or-break period for the trajectory of the CLARITY Act, with potential implications for the future of crypto regulation and institutional adoption across the industry.
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 (CRYPTO: XRP) is down 2% on Friday, pressing onto the $1 psychological level with thin weekend liquidity ahead and a chart setup pointing toward $0.85.
Why $1 Is The Level That Matters This WeekendThe chart projects a 15% to 17% drop from $1 if the level fails on a daily or weekly close, with $0.85 to $0.88 as the measured move target based on the depth of the two-month compression pattern.
RSI at 34.19 sits near oversold territory but has not reached an extreme yet, meaning there is still room to fall before a technical bounce becomes likely.
Weekend volume is thin, and breakdowns in low liquidity tend to overshoot rather than find clean support.
What ETF Flows Are ShowingXRP ETF inflows hit just $1.01 million this week, well below the prior three weeks of $14.86 million, $8.15 million, and $6.78 million respectively according to SoSoValue.
The institutional momentum that built through July has clearly slowed heading into the weekend.
Friday’s session has yet to report its flows, but even a few million dollars in additional inflows would likely leave this week’s total well below previous weeks.
Why The Clarity Act Failed To HelpSenate Banking Committee Chairman Tim Scott (R-SC) said Thursday the Senate should hold a procedural vote on the Clarity Act before recess.
However, Senate Majority Leader John Thune (R-SD) held a vote on the budget resolution instead, with no cloture filing on the Clarity Act confirmed at publication time.
XRP fell further on the news, with regulatory clarity remaining one of the token’s key narrative drivers.
What The Derivatives Data Is Showing?Volume jumped 16.52% to $2.52 billion Friday as traders pile in around the $1 level according to Coinglass. Nearly everyone is still positioned for a bounce, with long/short ratios at 3.0 on Binance, 3.7 on OKX, and 3.57 among top traders.
The problem is the longs keep losing. Long liquidations hit $11.75 million in 24 hours against just $310,000 in shorts.
Shorts are barely touched while bulls absorb hit after hit. Open interest dipped slightly to $2.34 billion as some traders finally gave up and closed positions.
With most traders still long into a falling price at the most critical level on the chart, a $1.00 break could force a wave of selling that pushes XRP lower faster than the chart target alone suggests.
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Ripple (XRP) price is up by 0.46% today, August 8, to trade at $1.04 at the time of writing. XRP gains come as on-chain data shows that whale activity for XRP remains elevated as XRPL releases a major upgrade seeking to improve privacy and tokenization on the network.
Binance Whale Activity Remains High Despite Price Weakness Data from CryptoQuant shows that XRP’s Whale-Retail Spread on the Binance exchange has reached 57.7%, suggesting that there are more whales than retail traders who are holding XRP on Binance.
XRP Whale-Retail Spread (Source: CryptoQuant) Analyst Amr Taha notes that the whale activity is defying the ongoing price weakness as XRP stays close to the psychological support of $1. Still, he notes that this spread does not mean that whales are accumulating.
“The Whale vs Retail Spread should not by itself be interpreted as direct evidence of whale accumulation… it highlights a growing difference in the relative activity of large and retail participants across trading venues,” the analyst said.
The whale activity comes amid the recent v3.3.0 upgrade on XRP Ledger that seeks to boost privacy and tokenization on the network. As CoinGape reported, the upgrade also drove an increase in XRP’s open interest, suggesting that the tokenization push could be a bullish catalyst for XRP price.
XRP ETFs Record Four Consecutive Weeks of Inflows The elevated whale activity for XRP on Binance also comes as XRP ETFs record four straight weeks of inflows per data from SoSoValue.
These ETFs recorded $1.01 million in inflows in the week between August 3 and August 7. If the inflows continue for the rest of August, XRP ETFs could also see their fifth straight month of positive inflows.
XRP ETF Flows (Source: SoSoValue) One of the institutional buyers is IMC-Chicago, an asset manager with $418 billion in assets under management, which purchased 50,975 XRP ETF shares as earlier reported by CoinGape.
SoSoValue also shows that the XRP ETFs have amassed total net assets of $953 million, with this being 1.49% of XRP’s total market cap of $65 billion.
XRP Price Outlook as Bulls Defend Support XRP’s one-day chart shows that the price is creating a falling wedge pattern that often suggests that the trend is changing from a bearish one to a bullish one.
However, XRP has dropped to test the support at the lower boundary of this channel at $1.01. If it closes below this support, the downtrend could persist.
The RSI reading of 40 suggests that the momentum is favoring bears. The volume histogram bars also show that the selling pressure remains high for five straight days, suggesting that retail traders are not mimicking the accumulation behaviour of whales and institutions.
XRP/USDT: 1-day Chart (Source: SoSoValue) If these retail buyers come back and XRP price remains above the support of $1.01, it could gain to the upper Bollinger band of $1.14.
This week, the team behind XRP Ledger introduced version 3.3.0, delivering a set of significant updates focused on network security and transaction management. The update includes the On-Chain Cosigner proposal and key bug fixes under the fixCleanup3_3_0 amendment.
The newly submitted On-Chain Cosigner proposal allows for native multi-signature capabilities on the XRP Ledger. This addition is designed to streamline on-chain coordination for transactions, enabling users to create and collect multi-signature proposals within the protocol itself. These improvements aim to foster more secure and efficient transaction approval processes, reducing the risk of single points of failure in transaction authorization.
The On-Chain Cosigner proposal brings native multi-signature proposal and collection to XRP Ledger, making on-chain transaction coordination more straightforward for users seeking additional security and control.
Key features in XRP Ledger v3.3.0XRP Ledger version 3.3.0 integrates the fixCleanup3_3_0 amendment, a bundle of amendment-gated bug fixes. This package unifies freeze and deep freeze checks for transfers involving pseudo-accounts in a range of transactions, including VaultDeposit, VaultWithdraw, AMMDeposit, AMMWithdraw, LoanBrokerCoverDeposit, and LoanBrokerCoverWithdraw.
Additionally, the fixCleanup3_3_0 amendment resolves issues related to hybrid offers being removed from the open order book if the originating account loses access to a permissioned domain. It also addresses Automated Market Maker (AMM) liquidity being factored into quality estimates for permissioned decentralized exchange order books, ensuring that market data remains accurate and reliable.
Further upgrades within this release target precision and rounding errors in Single Asset Vaults and the Lending Protocol, as well as several other bug fixes intended to improve overall performance and consistency on the ledger.
Protocol amendments and ecosystem enhancementsWith version 3.3.0, XRP Ledger makes a number of previously active amendments permanent parts of the protocol. The amendments retired in this release include Clawback, fixDisallowIncomingV1, fixInnerObjTemplate, fixNFTokenReserve, and fixUniversalNumber. According to developers, this step essentially solidifies these features, reinforcing security and regulatory compliance throughout the project’s codebase.
The update comes at a time of growing interest in advanced on-chain transaction technologies and interoperability. Market participants continue to seek platforms that can natively support secure, multi-signature workflows, automated liquidity management, and enhanced asset diversity.
For those following developments in cross-market asset integration, solutions such as 1stepSwap have been gaining traction. 1stepSwap is a highly practical platform that breaks down the barriers between traditional finance and the crypto world. By transferring real-world assets (RWAs) directly onto the blockchain, it allows users to access shares of major U.S. companies and commodities like gold and silver through their wallets, without complex intermediaries. Its standout feature is the ability to identify the best prices across the market at any moment, enabling near-instant trades at highly competitive rates while supporting portfolio diversification.
The combination of updated ledger features and expanding market options has the potential to enhance user experience and broaden the decentralized finance ecosystem surrounding $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.
XRP, the digital asset linked to Ripple Labs, is at the center of a new debate over possible long-term price targets after well-known crypto analyst Egrag Crypto outlined two sharply different scenarios in his recent analysis.
Contrasting charting methods highlight different projectionsEgrag Crypto, an independent digital asset analyst with a large following in the crypto community, compared linear (non-logarithmic) and logarithmic price charting techniques to examine how each method influences price target projections for XRP.
He stated that while linear charts are often effective for tracking short-term moves, the logarithmic scale offers better macro-level insights for assets like XRP, which have experienced dramatic percentage changes across multiple market cycles.
Using these two approaches, the analyst identified a linear chart target near $6.50 and a much more ambitious logarithmic target of $222. He emphasized that these are not equally weighted scenarios in his view.
Egrag highlights that the $6.50 target emerges as the more realistic near-term goal based on measured moves, while the $222 projection is described as an extreme, long-term possibility according to logarithmic expansion.
He noted that linear charts focus on absolute price gains, whereas logarithmic charts measure percentage changes, which can better capture the performance of assets that have multiplied in value over time.
Mini dictionary: Logarithmic (log) chart — A type of financial chart that plots price movements based on percentage changes rather than fixed dollar increments, often used for evaluating assets that undergo significant growth or volatility over long periods.
$1.60 seen as pivotal resistance for XRPAlthough higher price targets have captured much of the attention, Egrag stressed that XRP’s most immediate and critical technical threshold is $1.60.
He explained that a decisive close above $1.60 would suggest that XRP is reclaiming key exponential moving averages, a structure signifying potential trend reversal on long-term charts. He referred to the 150 EMA and 200 EMA as anchor points for determining whether the asset is bottoming.
Egrag defined $0.85 as major macro support. He also revealed that roughly 80% of his XRP holdings were accumulated between $1 and $1.20. Above $1.60, the next significant test stands at $3.25, which Egrag considers a major historical resistance level.
LevelRole$0.85Macro support$1.60Key resistance / trend confirmation$3.25Major ceiling$6.50Measured-move target$222Extreme log expansion scenario$222 recognized as long-term outlier targetEgrag described a path for XRP involving a defense of $0.85, a break above $1.60, and ultimately a move through $3.25 as prerequisites to considering the $6.50 target. Only once those hurdles are cleared does he regard $222 as a meaningful extreme projection using a logarithmic model.
Confirmation of major support and resistance levels, rather than an immediate chase after ambitious targets, remains central to Egrag Crypto’s current XRP roadmap.
He also referred to a continuing long-term ascending trendline, indicating that the overall technical structure supporting XRP’s price action remains intact according to his analysis.
Egrag’s approach places heavier weight on whether XRP can reclaim $1.60 and surpass $3.25 than on the notion of rapid movement to all-time highs. The $6.50 objective serves as the primary measured target, and further expansion into the $222 range would rely on a major multi-cycle breakout unlikely to occur without confirmed momentum at lower levels.
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 beginning to flip to the other side of the market after recovering from its prolonged correction that saw its price decline significantly.
Following the heightened sell pressure seen over the last week, the amount of XRP tokens available for sale on exchanges, especially Binance, has surged significantly.
Over 2.6 billion XRP now available on BinancePer data provided by crypto analytics platform CryptoQuant, the total number of XRP tokens available for sale on the world's largest crypto exchange, Binance, has reached 2.61 billion as of Saturday, August 8.
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The surge in the metric has come amid the growing slowdown in investor confidence as its price remains unstable amid the consistent market downturn.
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The rapid drawdown in the price of XRP seen recently is attributed to a surge in sell pressure, as exchange activity showed that more XRP tokens were being deposited for sale on exchanges than were withdrawn over the past days.
While sentiment was extremely bearish all week, it appears that XRP may eventually close the week on a stronger note as it has briefly surged past its recent lows to around $1.04 as of the time of writing.
XRP loses top 4 position per market capitalization Following the rapid price decline seen this week, XRP has seen its market capitalization fall massively to around $64 billion, causing it to lose its position among the top four crypto assets.
As such, BNB has taken over the spot, pushing XRP down below both stablecoins, USDT and USDC, with XRP currently sitting as the sixth largest cryptocurrency by market capitalization.
Grayscale has sharply reduced its XRP holdings, with its balance dropping by more than half in the first six months of 2026. According to figures shared by crypto analyst Steph Is Crypto, the investment trust reported approximately 55 million XRP in its portfolio as of June 30, compared with over 122 million XRP at the end of December 2025.
Grayscale’s XRP sales and portfolio shiftSteph Is Crypto highlighted that Grayscale sold over $67 million worth of XRP across the period, marking a substantial decline in institutional exposure to the asset. The trust’s financial filing indicates a total reduction of roughly 67.2 million XRP, leaving its holdings at less than half their value from six months earlier.
At the close of 2025, the fair value of Grayscale’s XRP portfolio exceeded $223 million based on a token price of $1.83. By mid-2026, however, the price per XRP had declined to $1.04, and the trust’s holdings were valued at about $57.4 million.
Transaction records within the filing note several activities behind these changes, including tokens redeemed, distributions for the sponsor’s fee, and both realized and unrealized shifts in asset value.
Grayscale has sold over $67 million worth of XRP, cutting its holdings by more than 50%, according to a post by Steph Is Crypto analyzing the trust’s financial statement.
XRP community members and observers reacted to the data and raised questions about market sentiment. Some, like Rick Wilson, have suggested that large-scale institutional exits may follow periods of deteriorating asset performance, with potential losses impacting ETF investors specifically.
Wilson interpreted XRP’s struggle to rebound from its recent lows as a sign of ongoing pressure, though the filing itself does not confirm a universal loss for all holders or guarantee further declines. Instead, it presents a snapshot of Grayscale’s shifting strategy, not the entire ETF landscape.
Another participant, DAMAGE, stated that Grayscale had already sold approximately $180 million in XRP at the beginning of 2026, but continues to hold a sizable stake of 55 million XRP.
Some investors interpreted Grayscale’s significant reduction as an indication of broader institutional caution towards XRP, although the filings show remaining sizable holdings and ongoing portfolio management activities.
Details from the trust’s financial filingThe official report details how Grayscale’s XRP balance declined from over 122 million at the end of 2025 to about 55 million by mid-2026. The fair value assessment is based on pricing provided by Coinbase at 4 p.m. New York time, which the trust identifies as its principal market source.
These developments come as XRP continues to trade below its 2025 year-end levels, reflecting challenging conditions in the broader altcoin market. Against this backdrop, effective portfolio monitoring and market data integration are increasingly critical for both institutional and retail investors. Tools like CryptoAppsy, which merges real-time prices, detailed charts, multi-currency portfolio management, and smart price alerts on a single screen, have become popular with those looking to track fast-moving developments, discover new altcoin listings, and stay updated with macroeconomic shifts such as Federal Reserve interest rates.
While Grayscale’s activity signals an adjustment in its approach to XRP, the investment firm’s remaining holdings still reflect a significant position. The market continues to watch how both Grayscale and other major investors respond to evolving digital asset trends in the upcoming quarters.
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.
XRP made a U-turn on the XRP/BTC chart, reversing after five days of decline from August 3. The drop caused XRP to reach oversold levels on its Bitcoin chart, as seen from the RSI on the daily timeframe.
The XRP/BTC pair has subsequently rebounded from oversold levels; the RSI fell as low as 25 before recovering to 35 at press time. While the reversal does not guarantee a sustained rally, it suggests XRP may be starting to regain ground relative to Bitcoin.
XRP/BTC Daily Chart, Image By TradingViewHowever, XRP is not yet out of the woods, given the bearish RSI reading of 35 on the Bitcoin daily chart. If XRP continues to gain strength against Bitcoin after rebounding from oversold levels, it might suggest that the worst of the recent relative weakness has passed.
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XRP open interest jumps 7%XRP remains an outperformer among major cryptocurrencies in terms of percentage gains for open interest (OI).
In the last 24 hours, XRP open interest rose 7%, to $2.52 billion, while Bitcoin and Ethereum saw OI drops. Bitcoin and Ethereum fell 2.48% and 1.95%, respectively; open interest for Dogecoin and BNB token rose nearly 3%. Solana was also a standout, with its open interest soaring 6.60%.
The rise in open interest suggests capital inflows as XRP traders bet on the token following recent XRP and Ripple developments.
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This week saw the release of XRP Ledger version 3.3.0, which introduced several new amendments alongside bug fixes and build improvements.
At the time of writing, XRP was up 1.75% in the last 24 hours to $1.04 but down 1.60% weekly.
Ripple, XRPL gain momentumA recent report by Token Relations highlighted that July brought new momentum and milestones across Ripple and the XRP ecosystem.
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Ripple opened its University Digital Asset Xcelerator in Brazil as part of its University Blockchain Research Initiative. The company also signed up as a launch partner for OpenUSD, Open Standard's stablecoin that offers free minting and burning, as well as a revenue-sharing governance model.
Ripple was named one of the world's top fintech companies on the CNBC and Statista 2026 list. The XRPL ended July with more than 1.7 million agentic transactions after having crossed the 1 million mark on July 15.
XRP price is under pressure as institutional demand appears to weaken, even while Bitcoin and Ethereum are attracting stronger ETF inflows. Weekly XRP ETF inflows reportedly plunged 93% to just $1.01 million, down from $14.86 million a week earlier. Total XRP ETF net assets also slipped to about $964 million from $988 million, making XRP the weakest performer among major crypto ETFs.
The contrast with Bitcoin and Ethereum is clear:
Bitcoin ETFs: $754 million inflow after a $61.53 million outflow, an $816 million weekly turnaround.Ethereum ETFs: around $195 million inflow, almost seven times the previous $27 million.The weekly XRP figure also hides a midweek recovery. ETF flows fell to -$3.58 million on August 5, before turning positive at $3.45 million on August 6.
For investors who sold XRP around the $2–$3 range, however, the decline could be viewed as a potential opportunity to accumulate at lower prices.
Whales Buy While Grayscale Adds Selling PressureOn-chain data shows large XRP wallets holding roughly 100 million to 1 billion tokens increased their supply share from 10.6% to 11.99%. Smaller whales holding 10 million to 100 million XRP also sold earlier before turning back to buying on August 6.
Grayscale’s XRP Trust added another source of selling pressure. Its SEC Form 10-Q showed 103.41 million XRP, worth about $180.78 million, in net outflows during the first half of 2026. CoinGlass also recorded $9.48 million in XRP liquidations, with almost 98% coming from long positions.
Technically, How Low Can XRP Go?$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 Crypto analyst Crypto Patel says his bearish XRP call from July 2025 has largely played out, with XRP down 72% from its cycle peak. He now expects another 20%–40% downside and sees $0.85–$0.65 as a potential long-term accumulation zone. Rather than trying to predict the exact bottom, he plans to scale into XRP gradually, with long-term targets of $3, $5, $7 and $10+.
Overall, Patel remains bearish in the short term but bullish on XRP’s long-term potential.
Another analyst ChartNerd says XRP first needs to reclaim $1.05-$1.06, which has now turned from support into resistance, before a meaningful relief move can develop. Looking at the current scenario, he expects XRP to enter a long accumulation phase after the current bear market, potentially setting the stage for a major price repricing over the coming years.
Meanwhile, XRP Price went up by 0.64% to $1.03 in the last 24 hours, slightly behind Bitcoin’s 1.04% gain.
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New XRP Ledger amendments target $530 million in tokenized Wall Street assets.(Ripple Labs)Summary
The latest XRP Ledger software release, version 3.3.0, introduces a proposed “Confidential Transfers” feature that would let institutions encrypt balances and payment amounts on certain tokenized assets while keeping accounts and token types visible.The upgrade targets the growing market for tokenized real-world assets on XRPL, where about $1.38 billion is already issued, including major positions from RLUSD, Ondo, VERT Capital, Archax and Societe Generale.Confidential Transfers and five other institutional-focused amendments, including tools for batching transactions, sponsoring fees and delegating permissions, still require at least two weeks of 80% validator support before they can go live.A privacy feature built for institutional money is going to a vote on the XRP Ledger, where more than $530 million of tokenized real-world assets already sit.
XRPL version 3.3.0, released this week, includes six proposed amendments. Among them, a “Confidential Transfers” update is the one aimed squarely at institutional users, encrypting balances and payment amounts on Multi-Purpose Tokens, the format Ripple has been pitching for funds, bonds and other financial assets.
The idea is to let an institution move tokens without publishing the size of every position and transfer. Accounts and the type of token being moved stay visible, while individual balances and payment amounts can be encrypted.
As such, the ledger can still check that the sums add up without being able to read them, using a cryptographic method that proves a transaction is valid without revealing the numbers behind it.
Ripple has spent much of 2026 pushing XRPL deeper into tokenized finance. Aviva Investors last month launched a tokenized share class of its U.S. Dollar Liquidity Fund on the ledger after announcing the project with Ripple in February.
There is already money on the chain for the feature to serve. Onchain data aggregator RWA.xyz tracks about $1.38 billion of distributed real-world assets on XRPL, including $845.7 million of RLUSD. Ondo accounts for another $212.6 million, followed by VERT Capital at $116.1 million and Archax at $55.4 million. Societe Generale sits further down the table at $11.6 million.
Tokenized real-world assets issued on the XRP Ledger. (Shaurya Malwa/CoinDesk)That leaves more than $530 million of tracked tokenized assets outside RLUSD, though the market remains concentrated in a handful of issuers.
Confidential Transfers stays narrow in its first version. Holders have to opt into the encrypted format, and it currently works for direct MPT payments between accounts. It does not cover trades on XRPL's built-in exchange, escrow or checks.
The other five are aimed at the same audience. Batch can package as many as eight transactions together, including an all-or-nothing mode where every step succeeds or none does. Sponsor lets one account cover another's fees and reserve requirements, removing the need for a new user to hold XRP before transacting.
Permission Delegation lets an account authorize another party to submit only specified transaction types, giving a fund administrator limited authority without handing over full control. Dynamic MPT lets issuers change certain properties of a token after issuance.
Version 3.3.0 also bundles a set of fixes and, according to XRP Ledger Operations, cuts memory use by at least 10% to 15% while improving how quickly nodes catch up with the network.
None of the changes are live yet. XRPL amendments require at least 80% support from trusted validators, held continuously for two weeks, before they activate.
Confidential Transfers now has to clear that vote. After that comes the more useful test — whether Aviva, Ondo or another institution already issuing assets on XRPL actually chooses to hide balances and transfer sizes rather than leave them public.
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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.
XRP dipped toward $1.00 after the CLARITY Act was delayed, but at least one analyst remains bullish on its long-term perspective.
Ripple’s native token hasn’t really been able to recapture the traction that culminated in July 2025, when it surged to a new all-time high. It has lost its momentum further in the past few weeks, dipping to $1.02 on Friday.
However, this hasn’t shaken out the conviction of popular market analyst EGRAG CRYPTO, who argued once again that the asset is approaching ‘The Chasm,” a make-or-break phase where patient investors are rewarded while short-term traders capitulate.
Big Price Targets Ahead EGRAG admitted that his previous expectation for $2.00 to act as macro support failed, but he still believes the broader bullish structure remains intact because the asset is now approaching its 100-week exponential moving average (EMA), which has historically acted as major support in previous bear market cycles.
The ideal scenario moving forward would be for XRP to stabilize somewhere between $0.95 and $1.00, which would be a healthy macro retest before the next leg up. However, he acknowledged the possibility of another, more violent nosedive that could take it further south. Nevertheless, EGRAG doesn’t believe the token will dip below $0.80, a level corresponding to the lower boundary of its long-term ascending channel.
The long-term roadmap, though, is what gets the Ripple bulls excited. As usual, EGRAG remains highly optimistic about the token’s future and has outlined some massive targets, including $15, $27, and a mind-blowing $50.
He compared XRP investors to early shareholders of companies such as Amazon, Apple, and Google, and argued that markets often test conviction before rewarding long-term holders. He reiterated his message that investors should not focus on perfectly timing the bottom; instead, they need to remain invested when the next expansion eventually arrives.
Realistically Speaking… With XRP trading at just inches above $1.00 at the time of the post, pitching long-term targets of up to $50 might sound unrealistic, because it actually is. The current market structure does not support such predictions. Even the most modest one at $15 would require a near-15x surge, and XRP would have to dwarf its current all-time high of $3.65.
You may also like: XRP Price Slides on CLARITY Delay as Analyst Flags Weak August Trend XRP Forms Long-Term Pattern With $27 Price Target: Analyst Important Ripple News and XRP Price Update: August 4th Its market cap would near the coveted $1 trillion mark, something that only bitcoin has been able to do so far in the market’s history. To even consider this as possible, XRP and the company behind it would have to experience continued growth, institutional investments, even more regulatory clarity, and a broader market run.
The real question at the moment is not whether XRP can reach double-digit prices – it’s whether these catalysts arrive quickly enough. Nevertheless, the token has a long history of proving doubters wrong and has indeed produced some triple- and even quadruple-digit rallies.
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.
A massive retreat is unfolding in the XRP market after the main fundamental driver of recent weeks — the U.S. Crypto CLARITY Act — was officially put on hold.
The U.S. Senate has gone into recess, postponing the final vote until September 2026. The reaction from capital was immediate, and XRP led the decline among market leaders, settling at $1.02.
While retail traders are getting rid of the asset, the emerging Washington deadlock is weighing on the price, forcing major players to assess whether an inevitable drop below $1 would be a catastrophe or an ideal buying opportunity.
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Bollinger Bands narrow the roomTradingView chart data clearly maps out sellers' targets as XRP attacks the $1 boundary. Right now, the decline has temporarily stalled exactly at the lower daily Bollinger Band — $1.0240.
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The indicator's bands have converged into an extremely narrow corridor, which historically signals that the market is preparing for a powerful price move. Due to local oversold conditions, a short technical rebound toward the middle band at $1.0831 or the upper band at $1.1423 is possible, but this would not reverse the broader downtrend.
XRP price action on a monthly time frame within Bollinger Bands, Source: TradingViewIf sellers finally push through the psychological $1.00 level, the next stop will be a test of the lower weekly band at $0.9572. In the worst-case scenario and a full-scale market capitulation, the true lower support boundary on the monthly timeframe would be around $0.6625.
Risks and opportunities for XRP investorsThe token's next move depends on two key factors that are currently shaping the behavior of major players:
Bearish pressure: The freezing of U.S. institutional capital until mid-September and the loss of the key monthly middle line at $1.9605 open the door for a drop below the psychological $1.00 level.Bullish potential: Buyers' firm defense of the daily support at $1.0240, the potential for a strong technical rebound due to the compression of the bands, and continued demand across the global payments network are preventing the asset from an immediate collapse.In such an environment, short-term speculative capital will most likely continue avoiding XRP in the coming weeks.
However, for large strategic investors, a price decline into the $0.90–$0.95 zone, or in the event of a panic sell-off toward the monthly target of $0.6625, may be seen not as the collapse of the project but as a rare window of opportunity to build a long-term position at a deep discount.
NFT project StonkBrokers' floor price rises to 9.225 ETH, surging over 20% in 24 hours.
According to OpenSea market data, the floor price of NFT project StonkBrokers has climbed to 9.225 ETH, surging more than 20% in 24 hours, with cumulative trading volume totaling 1,734 ETH. The project has a fixed supply of 4,444 pixel-style "stockbroker" PFP NFTs (ERC-721 standard). Each NFT is linked to an ERC-6551 Token-Bound Account (TBA). At minting, tokenized stocks (including TSLA, AMZN, NVDA, AAPL, etc.) are pre-deposited, and the account can continue to receive rewards. Via the Anvil NFT AMM, users can swap a random StonkBroker NFT from the protocol vault for a fixed 666,666 units of meme coin STONKBROKER plus a small ETH gas fee; they can also sell an NFT back to the vault for an equivalent amount of tokens. Holders must spend STONKBROKER to "activate" their NFTs. The higher the activation level, the larger the weight of stock token rewards they earn. Part of the activation fee is burned, while the rest goes to the protocol. Fee flywheel mechanism: Around 70% of Anvil AMM transaction fees are converted into real stock tokens and airdropped to activated NFT-bound wallets. BlockBeats reminds users that relevant projects involve high uncertainty and price volatility, so users should exercise caution when investing.
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Senator Cynthia Lummis released a statement after the U.S. Senate postponed voting on the CLARITY Act until September, openly expressing her frustration with the delay. Lummis, a leading advocate for digital asset regulation in the United States, has worked to advance the bill for months and signaled her determination to push forward.
Lummis addresses the delayIn her remarks, Lummis made clear she remains committed to the bill’s passage. She stated that she will not quit now, emphasizing the importance of giving the digital asset industry clear rules to operate in the U.S. She also acknowledged that many in the XRP community share her sense of urgency.
Lummis focused on three main objectives of the CLARITY Act: protecting consumers from fraudulent schemes, building confidence within the digital economy, and providing law enforcement with better tools to address misconduct. According to her, the bill is uniquely designed to address all three goals.
Lummis underscored her frustration, saying, “You all know me and how long and hard I’ve fought for this bill, so you can imagine how frustrated I am.” She added, “The status quo fails on every level, and I will not stop fighting until we fix this broken system.”
Senate procedures and roadblocksCurrently, the CLARITY Act has 51 confirmed votes in the Senate but requires 60 to pass. Senate Majority Leader John Thune confirmed that the bill will be considered after the Senate returns from its recess in September.
The legislation has remained on the Senate Legislative Calendar since June 1. A central point of contention involves whether state attorneys general should have authority over Department of Justice ethics enforcement. While Democrats advocate for this provision, both the White House and Republican leadership have opposed it. Negotiators were unable to finalize an agreement before the recess began, preventing the bill from reaching the floor for a vote.
Mini dictionary: CLARITY Act – A legislative proposal in the U.S. Senate aiming to create comprehensive regulations for digital assets and cryptocurrencies, with an emphasis on consumer protection and regulatory clarity.
RequirementCurrent CountNeeded to AdvanceSenate votes for CLARITY Act5160Lummis’s ongoing commitmentSenator Lummis reiterated her resolve to continue building support for the legislation. She stated her readiness to keep working with colleagues when the Senate reconvenes in September, highlighting both the difficulty of the legislative process and the importance of regulatory clarity for the sector.
Lummis explained that her commitment has not wavered: “This fight is far from over. We’ve come too far to quit now.”
She has previously expressed concern that if the CLARITY Act does not pass this session, progress on meaningful crypto regulation could be pushed back as far as 2030. Her recent statement emphasized her determination to prevent further delays.
Outlook for September voteXRP holders, who have closely tracked the bill’s progress, voiced disappointment over the latest postponement. The bill maintains broad backing among Republicans, and recent developments indicate that 7 to 10 Democratic senators are also prepared to support it. Retaining this bipartisan support will be key when the legislation comes up for another vote in September.
Lummis reiterated her view that the CLARITY Act remains vital for the cryptocurrency industry in the U.S. and reaffirmed her intent to keep pressing for its approval.
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.
No advantage on SolanaAfter rising from its June lows, Solana is still in a consolidation phase, with neither buyers nor sellers able to gain a clear advantage. The asset is still trading in the vicinity of $74, fluctuating between its short-term moving averages while encountering ongoing resistance above.
SOL/USDT Chart by TradingViewThe picture is neutral in theory, but it is fragile. Following weeks of sideways movement, SOL is now trading close to both the 20-day and 50-day moving averages. Rather than the beginning of a significant trend, this usually indicates equilibrium between buyers and sellers. But every attempt at recovery is still capped by the 100-day moving average at $79, and the 200-day moving average is still much higher at $90, indicating that the overall trend is still negative.
According to the most recent candles, buyers are still defending the $72–$73 support range, which keeps the price from moving further toward the June lows. SOL is now confined to a progressively smaller trading range as a result of selling pressure being drawn to every rally toward the $78–$79 region.
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Momentum metrics lend credence to this view. The RSI is nearly at neutral levels, at 47, indicating that neither bullish nor bearish momentum is predominant in the market. As traders wait for a catalyst that can break the current impasse, volume has also continued to decline, indicating decreased participation.
Solana needs a clear daily close above the 100-day moving average in order to improve the technical outlook. A move like this could begin to shift medium-term sentiment and bring the psychological $85 level into focus. As of right now, the structure remains one of consolidation within a larger downward trend.
XRP prints decreasing volumesThe most recent rejection near the 20-day and 50-day moving averages has once again shifted momentum in favor of sellers, and XRP is still stuck in a persistent downtrend. The asset has returned to the crucial $1.02–$1.03 support zone after several weeks of range-bound trading, failing to produce the breakout bulls were hoping for.
The 200-day moving average is still trending considerably higher at $1.38, while XRP is currently trading below the 20-, 50-, and 100-day moving averages. This alignment demonstrates that, despite the protracted consolidation that followed June's precipitous decline, the overall trend is still bearish.
XRP/USDT Chart by TradingViewOne encouraging sign is that selling pressure has not increased. XRP has been steadily declining on decreasing volume rather than experiencing another impulsive breakdown, indicating that aggressive bears are no longer controlling the market. Nevertheless, buyers have also failed to create significant demand, trapping the asset in a gradual decline.
That balance is reflected in momentum indicators. For the first time in a few weeks, the RSI has dropped to about 36, approaching oversold territory. Oversold conditions alone are rarely sufficient to reverse a trend without confirmation from price action, though this may eventually draw bargain hunters.
The psychological $1.00 level continues to provide immediate support. Another wave of selling toward the June lows would probably result from losing that area. In order to challenge the 50-day average around $1.09, XRP must first recover the 20-day moving average.
Sentiment would only start to turn back in favor of buyers if the price continued to rise above those levels. As of right now, XRP is still trading defensively. The chart still lacks the stronger volume and higher highs required to confirm that a significant recovery has begun, even though the rate of decline has slowed.
Pressure on Shiba Inu is there Following another rejection below the 50-day moving average, Shiba Inu's recovery has stalled, leaving the meme coin susceptible to fresh selling pressure. The strong breakout that occurred earlier this month gave the impression that buyers were prepared to buck the trend, but it soon faded as SHIB fell back below the crucial resistance level.
SHIB/USDT Chart by TradingViewAfter failing to stay above $0.00000500, the price is currently trading around $0.00000464. Because it aligns with the declining 50-day moving average, that region has come to define resistance for the current market structure. Every attempt to gain a foothold above that level has drawn sellers, which has prevented the recovery from picking up steam.
Technically speaking, SHIB is still below the 50-, 100-, and 200-day moving averages, maintaining the longer-term trend's strong bearishness. The 20-day moving average still offers nearby support, but after the most recent decline, its upward slope has started to level out, suggesting that bullish momentum is waning.
During the breakout, the RSI briefly entered bullish territory, but it has since cooled significantly. After the initial buying surge subsided, the indicator now sits slightly below 50, indicating neutral momentum. The loss of momentum could lead to another test of lower support levels if buyers do not swiftly regain control.
A similar story is told by volume. Participation was remarkably high during the breakout, but turnover has been steadily declining in subsequent sessions. This implies that following the unsuccessful attempt to overcome resistance, traders are growing more cautious. The first support remains near $0.00000445, where the 20-day moving average and prior consolidation converge.
SHIB might return to the July lows at $0.00000410 if that level fails. On the other hand, reclaiming the $0.00000500 area would render the most recent rejection void and reopen the door to a more extensive recovery.
SHIB is currently in a "wait and see" phase. Although there was a brief improvement in sentiment due to the explosive rally, the broader bearish trend will continue to dominate the chart until the token closes firmly above its 50-day moving average.
Cardano keeps outperformingAfter extending its recovery toward the crucial $0.20 resistance area, Cardano is still outperforming many large-cap altcoins. Despite a slight decline in today's session, the overall technical picture is still positive following the recent breakout, which was bolstered by significantly higher trading volume.
ADA/USDT Chart by TradingViewDespite facing selling pressure near the 100-day moving average at $0.20, ADA has successfully reclaimed both the 20-day and 50-day moving averages and is currently holding above them. Compared to the structure observed in June and early July, when the asset continuously traded below all major trend indicators, this represents a significant improvement.
This pause looks more like profit-taking than a reversal. Over the past few weeks, buyers have maintained a series of higher lows, indicating that demand continues to withstand selling pressure following each advance. The recovery structure is intact as long as ADA stays above the 50-day moving average around $0.18.
Though it has somewhat cooled from recent highs, momentum is still favorable. The RSI is currently at 68, slightly below overbought territory. This suggests that bullish momentum is still present but has not reached the extreme that would normally precede a more significant correction.
The psychological $0.20 level and the 100-day moving average remain the current obstacles. The next significant technical target, the 200-day moving average near $0.26, would probably come into focus if there were a strong breakout above that resistance.
As of right now, Cardano continues to have one of the most robust recovery structures among major altcoins. As long as higher lows continue to form and the price stays above the reclaimed short-term moving averages, buyers maintain control even as resistance continues to slow the advance.
XRP holders have recently discussed their outlooks on the asset as uncertainty over its long-term potential rises. Cryptocurrency analyst Eira, an XRP investor since 2022, questioned whether her initial optimism was sustainable, citing fading confidence after a prolonged period without significant price appreciation.
Eira questions XRP’s futureEira expressed her doubts publicly, stating that while she continues to hold XRP and retains a measure of hope in its future, her belief has weakened over time. She directly addressed fellow XRP investors, asking if others shared a similar sense of confusion and concern about the cryptocurrency’s trajectory.
“I bought it in 2022 and have held it ever since. While I still believe in it deep down, my hopes are slowly fading,” Eira noted in her post, adding that she would like to hear from others feeling the same uncertainty.
She pointed to the impact of numerous optimistic price forecasts in the market, explaining that predictions from self-identified experts can sometimes influence her expectations for XRP. However, she remains skeptical that the asset could reach $5 within the coming year.
$10 target seen as realistic by some holdersRather than focusing on extreme forecasts, Eira stated she would be content to see XRP’s price eventually reach $10. She described this target as achievable in her view, emphasizing that she is not anticipating overnight wealth but would appreciate meaningful gains for her patience.
Eira’s comments reflect a more cautious attitude compared to many of the aggressive predictions circulating within the XRP community. She described herself as a long-term holder, prioritizing realistic expectations over hopes of extraordinary returns.
She also clarified that even moderate price movement would satisfy her. Eira stated she would be pleased if XRP’s value increased only $2 above her original average purchase price.
Other users joined the discussion, offering varied perspectives drawn from their own experience as XRP holders. A user named Serpico said he felt similarly, expressing that he too would be satisfied with a $10 target and remains hopeful that patience will ultimately be rewarded.
Meanwhile, Giampi described a longer-term view, explaining that he began accumulating XRP in 2017 or 2018, continuing his purchases through volatile market conditions. He compared holding XRP to homeownership, suggesting that endurance and adoption over time may eventually yield significant benefits.
Taking a more optimistic stance, Jasmine Law predicted that XRP could reach much higher prices in the event of a future “reset,” suggesting that eventual values could reach into the thousands.
These responses illustrate a wide range of expectations within the XRP community. While some holders have tempered their hopes to more modest gains, others continue to anticipate the possibility of dramatic upside.
XRP is the native digital asset on XRP Ledger, an open-source blockchain operated by Ripple for global payments and remittances. Ripple has positioned XRP as a solution for fast and cost-efficient cross-border transactions, which supporters say provides real-world utility.
Eira’s situation highlights the emotional experience of long-term cryptocurrency investing, balancing conviction with uncertainty in a volatile market where substantial price increases are never guaranteed.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
The XRP derivatives market registered a swift and significant unwinding of leveraged positions, leaving buyers—who had anticipated a sustained rally—at considerable risk. The imbalance in losses between buyers and sellers reached an extraordinary ratio of nearly 29 to 1, with the majority of forced closures impacting the bullish camp.
Longs face heavy losses as XRP slipsCoinGlass reported that XRP liquidations over the past 24 hours totaled $9.93 million. Of this amount, $9.60 million was attributed to leveraged long positions, while shorts suffered only $330,620 in losses. This represents a 2,809% disparity between the two sides, underscoring the extent to which bulls were overleveraged.
The rout occurred despite XRP trading steadily at $1.037 before a mild downturn took hold in the broader crypto market. In the same 24-hour period, the overall crypto market experienced more than $199 million in liquidations, intensifying pressure on various assets, including XRP.
Buyers, heavily exposed through leverage, were caught off guard when even a modest 2.2% decline in XRP’s price triggered a cascade of liquidations. The forced closures led to a rapid and abnormal market imbalance, rarely seen at this scale in standard trading conditions.
After the brief slide to a local low of $1.014, strong spot demand emerged. The price recovered sharply in a V-shaped rebound, quickly climbing back to the $1.040 mark as large investors stepped in to purchase assets from liquidated traders. This demonstrated the market’s ability to absorb sudden liquidations, particularly when major players see an opportunity to secure discounted tokens.
Squeeze dynamics and market recoveryThe initial selloff set off a chain reaction. As the XRP price dipped, leveraged traders faced liquidation calls, leading to automated sales that induced further downward movement. This domino effect intensified the pressure on remaining leveraged positions.
Later in the day, a new profit-taking wave emerged, pulling XRP back to $1.0307. While this correction followed a swift recovery, it highlighted ongoing volatility as traders adjusted to the reset leverage levels.
The market cleansing action has removed speculative excess, leading to a healthier price structure in the medium term. Buyers now have a crucial task: defend the key psychological threshold at $1.0300 to avoid reigniting forced liquidations.
Market analysts suggest that maintaining stability above this level is vital for restoring confidence and reestablishing momentum among buyers who exited or were liquidated in the recent squeeze.
For those monitoring this volatility and seeking portfolio diversification, platforms integrating both traditional finance and crypto offer practical alternatives. 1stepSwap is one such platform, allowing users to access shares of leading US companies and commodities like gold and silver directly from their wallets. By bringing real-world assets onto the blockchain, 1stepSwap streamlines the process, offering users the best available market rates without complex intermediaries and enabling near-instant transactions on the world’s top stocks.
As the XRP market enters a period of recalibration, volatility remains elevated while traders and investors reassess their positions in light of the recent shakeout.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
The XRP Ledger has released xrpld 3.3.0, its reference server software update, marking what many observers consider one of the most consequential upgrades to the network in recent years. The release bundles five amendments: Confidential MPT, Batch, Permission Delegation, Sponsored Fees and Reserves, and Dynamic MPT. RippleX Head of Product Jazzi Cooper framed the update as a leap forward for tokenized asset use cases including global transfers, trading, collateralization, and settlement.
Two of the five proposed amendments are revised versions of features that were previously withdrawn after researchers found bugs that could have allowed unauthorized transactions or fee draining. The team has since addressed the vulnerability and refined the implementations to ensure stability and safety.
What Each Amendment DoesConfidential MPT introduces zero-knowledge proofs to Multi-Purpose Token transactions, allowing transfers to be verified as valid without revealing the underlying amounts or details to everyone on the network. This gives the XRP Ledger its first native privacy feature for tokenized assets, a capability that institutional participants have long required.
Batch would allow up to eight cross-account transactions to execute atomically, while Permission Delegation would let institutions grant narrowly scoped signing authority without exposing full control. In the case of Batch, either all transactions succeed together, or they all fail, helping reduce costs and improve network efficiency.
Sponsored Fees and Reserves allows companies to pay network fees on behalf of their users, meaning customers may no longer need to hold XRP just to use applications built on the XRP Ledger. This directly lowers onboarding friction for both institutions and retail users. Dynamic MPT will let token issuers update certain token settings after launch without creating a new token, making it easier for businesses to adjust to changing regulations.
Activation Depends on Validator ConsensusThe software release does not automatically switch on any of these features. Under the decentralized governance architecture of the XRP Ledger, each amendment must achieve and maintain at least 80% support from trusted network validators for a mandatory duration of 14 consecutive days. Validators need to upgrade their nodes to 3.3.0 and then signal support for each amendment individually. The Batch amendment already failed once due to a security flaw, and while the fix appears to be in place, validators may be more cautious this time around.
Ripple Head of Engineering Ayo Akinyele said the update improves the XRP Ledger's privacy, payments, account management, and token features as more financial assets move on-chain. By introducing structured batch processing, secure permission delegation, confidential token architectures, dynamic settings, and sponsored fee models, the network is directly tailoring its infrastructure for widespread institutional adoption and real-world asset tokenization.
The 3.3.0 release is the first since version 3.2.0 to introduce new functional capabilities rather than maintenance patches. Attention now turns to validator signaling in the weeks ahead, which will determine whether these proposals cross the 80% threshold and go live on mainnet.
Sources:
CoinDesk: XRP Ledger upgrade brings back features once pulled over critical bugs
Crypto Briefing: XRP Ledger 3.3.0 to launch with five amendments including revived Batch feature
The Crypto Basic: XRP Ledger rolls out major 3.3.0 upgrade
PI has surpassed BTC, ETH, XRP, and several other major cryptocurrencies on one interesting front.
Many well-known altcoins, including Cardano (ADA), Hyperliquid (HYPE), and Zcash (ZEC), have posted some gains over the last 24 hours, yet Pi Network’s PI has failed to join the party.
Despite its renewed slump, though, the crypto community sentiment toward it is highly bullish.
Bad News? It’s quite challenging to find a leading cryptocurrency that has performed worse than PI over the past year or so. The token saw the light of day in February 2025 and at first rocketed to $3, while its market capitalization neared $14 billion.
However, what followed next was a major retreat, and now it trades at around $0.08, which is quite close to the all-time low of approximately $0.07 and represents a 97% crash from the historical peak.
That said, it seems rather strange that the crypto community remains predominantly optimistic about the token. At least that is what CoinMarketCap suggests, noting that it holds the second-highest bullish sentiment in the entire market. The first spot is for Kaspa (KAS), while industry leaders like Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) rank below PI.
Most Bullish Sentiment, Source: CoinMarketCap Extreme optimism shouldn’t necessarily be interpreted as good news. The crypto sector is actually a weird one, and euphoria moments are often followed by a plunge, since prices tend to go against overall expectations.
Upgrades and More The team behind Pi Network has announced multiple ecosystem improvements since the start of 2026. Among the latest was the migration to protocol version 25, which was not disclosed on the project’s X account or website, but numerous users claimed it was in effect.
Next is protocol v26, with Pi Network recently reminding that all mainnet node operators must complete the upgrade by August 11 to remain connected to the network.
X user Ben told their more than 500,000 followers on X that the improvement is already live, with protocol 27 sitting next as “the one they’ve called the final upgrade.”
“Almost nobody watching PI thinks about node compliance, but that deadline tells you how much of the network is genuinely maintained versus just switched on and forgotten. I’d love to see the update rate published on the 12th,” they added.
Some of the ecosystem advancements have managed to stage brief rebounds for PI over the last few months, yet bears were quick to regain control. We have yet to see whether the upcoming upgrades will trigger a more meaningful rally or whether PI will continue to underperform in the near future.
Senator Elizabeth Warren has openly stated that she does not expect the CLARITY Act, a high-profile piece of cryptocurrency legislation, to be adopted before the Senate’s August recess. Her latest remarks echo a familiar stance: over a year ago, Warren raised similar objections before the passage of the Genius Act, a crypto bill she strongly opposed but which ultimately cleared Congress.
The CLARITY Act faces familiar criticismWarren, when questioned about what changes could make the CLARITY Act acceptable, said she could support effective oversight in principle. For years, she has pushed for stricter rules around digital assets, and even drafted her own regulatory proposals.
Her principal objection this time centers on the origin of the legislation. Warren contends that the CLARITY Act was “written by the crypto industry to protect and advance the crypto industry.” She maintained that the bill could create pathways for former President Donald Trump to benefit personally, arguing it would enable him to “make his next $1.4 billion on crypto scams,” risking national security and economic stability in the process.
Warren emphasized four key concerns: weak consumer protections, excessive corporate influence over digital money, threats to sanctions enforcement, and personal profit incentives for the presidency. She declared, “If this bill stays broken, it should not pass. Period.”
Rhetoric mirrors previous crypto debatesThe language and arguments Warren uses closely mirror those she deployed during the Genius Act debate. In both instances, she invoked the dangers of corruption, raised alarms about consumer safety, and referenced bribery. She labeled Trump “the most corrupt in American history” and accused him of “just taking bribes out in public.” Her persistent warnings against industry influence and political conflict of interest have become central themes in these debates.
Warren’s opposition has not caused a marked shift in sentiment among key crypto commentators. Digital Asset Investor, a well-known crypto analyst, resurfaced past footage of Warren’s fiery opposition to the Genius Act, contrasting it with the eventual outcome when the bill passed without her support. Many in the community believe history may repeat itself, as most expect the CLARITY Act to advance to a full vote regardless of Warren’s stance.
Despite public disputes between Warren and other lawmakers such as Senator Cynthia Lummis, Digital Asset Investor and others do not see Warren’s resistance as decisive, arguing that similar objections in the past did not block major crypto legislation.
Ongoing debate reflects broader regulatory questionsThe most contentious part of the CLARITY Act currently involves an ethics clause connected to state attorneys general and oversight from the Department of Justice. While this provision remains a sticking point, Warren’s consistent opposition indicates her concerns reach beyond a single issue. No significant vote movement has been detected yet, and the bill’s prospects appear resilient to her repeated criticism.
In the current fast-evolving regulatory landscape, platforms are rapidly integrating traditional finance with blockchain technology. For instance, 1stepSwap enables users to access leading US company shares and commodities like gold and silver directly through blockchain wallets, removing the need for intermediaries or complicated processes. It also automatically sources the most competitive market prices, allowing users to diversify their portfolios efficiently and buy or sell top stocks within seconds at optimal rates.
With the legislative schedule approaching a critical juncture, the question remains whether Warren’s persistent opposition will sway colleagues or if the CLARITY Act, like the Genius Act, will ultimately win approval without her endorsement.
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 fell 2.05% in 24 hours to $1.02, the lone red coin among the top 10; every other major is green. The Senate left Washington without voting on the Clarity Act, delaying the market-structure bill until at least September. XRP trades within a confirmed death cross, but prediction market traders remain optimistic for now. The Senate left town without taking up the Clarity Act, pushing the market-structure vote to at least September. Every major coin shrugged it off—except XRP.
While Bitcoin stayed flat, dealing with its own headwinds, and Dogecoin gained 1.38% over the day to be the best performer in the top 10 crypto assets by market cap, XRP dropped 2.05%, the only major token to close red.
On a week that saw it fall 3%, it's the weakest of the majors by a wide margin.
The delay isn't just procedural for XRP. The token's entire 2025–2026 rally thesis rested on the U.S. finally deciding what XRP is. The Clarity Act would sort crypto into securities and commodities and, in drafts Decrypt previously reported, would reclassify XRP, Solana, and Dogecoin as non-securities.
That means these coins would fall under the regulatory purview of the CFTC, widely viewed as the more preferable option by crypto industry observers, rather than the historically tougher SEC.
For Ripple, whose co-founder created the XRP cryptocurrency, that's the prize years of litigation were about: a federal answer to the SEC's long fight over whether XRP was an unregistered security. Ripple agreed to pay $50 million to settle its cross-appeal with the SEC, but a statute beats a settlement.
A law settles the question for every exchange, custodian, and regulator at once. Without it, XRP stays in legal limbo—and limbo is what the chart appears to be pricing.
XRP price: What the charts sayXRP is trading at $1.028, roughly a $64 billion market cap, down 0.71% on the day, after a red candle that has kept it pinned just above the $1.00 psychological floor. It's the second-lowest print on the daily chart since early 2024, above only the $0.9153 low marked last month.
XRP price data. Image: TradingviewThe trajectory is a clean, grinding downtrend. XRP has been in a strong bearish trend since 2025, when it reached $3 per coin. The 50-day EMA (the average price over the last 50 sessions) has crossed below the 200-day EMA (the average over the last 200 sessions) in a formation known as a death cross. XRP’s current price is below both lines, so there's no average acting as support beneath it.
The Relative Strength Index, or RSI, reads 35.9. RSI is a momentum gauge on a 0–100 scale: above 70 is overbought, below 30 is oversold. At 35.9, momentum is bearish with room for more downside before buyers typically step in.
The Average Directional Index, or ADX, reads 11.9. ADX measures trend strength, not direction: below 20 means the move lacks conviction and chop is common. However, the Squeeze Momentum indicator is still off, meaning volatility is expanding rather than coiling.
No compression means no loaded spring waiting to fire; moves here tend to be slow.
A bull case would appear if a daily close back above $1.10 (the lower Fib zone and first real resistance) and then the $1.13 point of control signal the floor is holding. An advance in the Clarity Act, though not until September at the earliest now, could also ignite some bullish appetite among traders.
Bear case: a break under $1.00 opens the path to $0.9153, the chart's lowest mark since 2024. A daily close there confirms the downtrend and erases the post-2024 recovery. The current trend is bearish, so this is a very likely scenario.
On Myriad, a prediction market developed by Decrypt’s parent company Dastan, traders are currently optimistic on XRP’s short-term outlook. Traders are pricing in 77% odds that XRP stays above $1.00, at least over the weekend.
For now, $1.00 is the line. Above it, XRP is cheap and oversold; below it, the chart says the slide isn't done.
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
In brief XRP fell 2.05% in 24 hours to $1.02, the lone red coin among the top 10; every other major is green. The Senate left Washington without voting on the Clarity Act, delaying the market-structure bill until at least September. XRP trades within a confirmed death cross, but prediction market traders remain optimistic for now. The Senate left town without taking up the Clarity Act, pushing the market-structure vote to at least September. Every major coin shrugged it off—except XRP.
While Bitcoin stayed flat, dealing with its own headwinds, and Dogecoin gained 1.38% over the day to be the best performer in the top 10 crypto assets by market cap, XRP dropped 2.05%, the only major token to close red.
On a week that saw it fall 3%, it's the weakest of the majors by a wide margin.
The delay isn't just procedural for XRP. The token's entire 2025–2026 rally thesis rested on the U.S. finally deciding what XRP is. The Clarity Act would sort crypto into securities and commodities and, in drafts Decrypt previously reported, would reclassify XRP, Solana, and Dogecoin as non-securities.
That means these coins would fall under the regulatory purview of the CFTC, widely viewed as the more preferable option by crypto industry observers, rather than the historically tougher SEC.
For Ripple, whose co-founder created the XRP cryptocurrency, that's the prize years of litigation were about: a federal answer to the SEC's long fight over whether XRP was an unregistered security. Ripple agreed to pay $50 million to settle its cross-appeal with the SEC, but a statute beats a settlement.
A law settles the question for every exchange, custodian, and regulator at once. Without it, XRP stays in legal limbo—and limbo is what the chart appears to be pricing.
XRP price: What the charts sayXRP is trading at $1.028, roughly a $64 billion market cap, down 0.71% on the day, after a red candle that has kept it pinned just above the $1.00 psychological floor. It's the second-lowest print on the daily chart since early 2024, above only the $0.9153 low marked last month.
XRP price data. Image: TradingviewThe trajectory is a clean, grinding downtrend. XRP has been in a strong bearish trend since 2025, when it reached $3 per coin. The 50-day EMA (the average price over the last 50 sessions) has crossed below the 200-day EMA (the average over the last 200 sessions) in a formation known as a death cross. XRP’s current price is below both lines, so there's no average acting as support beneath it.
The Relative Strength Index, or RSI, reads 35.9. RSI is a momentum gauge on a 0–100 scale: above 70 is overbought, below 30 is oversold. At 35.9, momentum is bearish with room for more downside before buyers typically step in.
The Average Directional Index, or ADX, reads 11.9. ADX measures trend strength, not direction: below 20 means the move lacks conviction and chop is common. However, the Squeeze Momentum indicator is still off, meaning volatility is expanding rather than coiling.
No compression means no loaded spring waiting to fire; moves here tend to be slow.
A bull case would appear if a daily close back above $1.10 (the lower Fib zone and first real resistance) and then the $1.13 point of control signal the floor is holding. An advance in the Clarity Act, though not until September at the earliest now, could also ignite some bullish appetite among traders.
Bear case: a break under $1.00 opens the path to $0.9153, the chart's lowest mark since 2024. A daily close there confirms the downtrend and erases the post-2024 recovery. The current trend is bearish, so this is a very likely scenario.
On Myriad, a prediction market developed by Decrypt’s parent company Dastan, traders are currently optimistic on XRP’s short-term outlook. Traders are pricing in 77% odds that XRP stays above $1.00, at least over the weekend.
For now, $1.00 is the line. Above it, XRP is cheap and oversold; below it, the chart says the slide isn't done.
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
XRP faces renewed pressure after its first ETF outflow, while EX DeFi gains attention from investors seeking cloud mining and yield opportunities.
Summary
XRP ETF records its first monthly outflow as weakening price action raises concerns over short-term market sentiment. EX DeFi gains attention from XRP holders seeking cloud mining and yield strategies amid ongoing market volatility. Despite recent ETF outflows and price weakness, long-term optimism for XRP remains supported by institutional adoption. XRP price has recently remained weak, and the first significant outflow from XRP ETF since their launch has further heightened market caution.
Recently, XRP has underperformed relative to other top-ten digital assets by market capitalization; its price has repeatedly retested previous support levels, and upward momentum has slowed noticeably. Meanwhile, the latest data from SoSoValue indicates that XRP spot ETF recorded a net outflow of approximately $3.58 million during the last trading session — the first such outflow in nearly a month — sparking market attention regarding shifts in short-term capital sentiment.
Driven by market sentiment, XRP price briefly dropped to a recent low, causing its market capitalization to retreat and resulting in the temporary loss of its position as the world’s fourth-largest digital asset. Intensified short-term volatility has prompted some investors to re-evaluate their future investment strategies for XRP.
At the same time, an increasing number of XRP holders are considering alternatives: while maintaining a long-term bullish outlook on XRP, is there a way to mitigate the impact of short-term price volatility while generating continuous additional returns on their holdings?
It is against this backdrop that the EX DeFi cloud mining platform has garnered increasing attention from investors seeking to hedge against market volatility and boost their earnings through cloud mining and yield aggregation mechanisms.
XRP ETF outflows occur, yet the long-term growth thesis remains intact Although the initial net outflow from XRP ETF has raised concerns among some market participants regarding short-term capital flows, many industry analysts believe this primarily reflects a decline in current market risk appetite rather than a fundamental shift in XRP long-term fundamentals.
In recent years, as the global regulatory environment has matured, Ripple has continued to build out its global payment network and expand into areas such as Real-World Asset (RWA) tokenization, cross-border payments, and digital financial infrastructure, thereby providing new growth momentum for the XRP ecosystem.
Despite a recent dip in secondary market trading activity and cautious sentiment among retail investors, institutional demand for long-term digital asset allocation persists, and the market’s overall foundation for growth remains fundamentally unchanged.
As XRP volatility increases, EX DeFi emerges as a new option for investors Amidst recent heightened volatility in XRP prices, an increasing number of XRP holders are turning to EX DeFi. They seek to explore more stable and sustainable yield models — leveraging cloud mining and yield aggregation mechanisms — while maintaining their long-term digital asset holdings.
Unlike high-volatility leveraged trading or strategies relying solely on price appreciation, the EX DeFi cloud mining platform offers a more convenient way to engage with digital assets. Users do not need to deploy mining rigs or maintain hardware; they simply select a hashrate contract to participate in mining services. This allows them to maximize the utility of their digital assets while keeping an eye on the long-term prospects of XRP.
About EX DeFi Founded in 2021 and headquartered in the UK, EX DeFi operates in compliance with European regulatory frameworks such as MiCA and MiFID II. The platform continuously enhances transparency, operational standards, and user protection mechanisms to deliver a secure and seamless cloud mining experience.
The platform employs a multi-layered security architecture, featuring:
Annual financial and security compliance audits by PwC; Digital asset custody insurance from Lloyd’s of London; Enterprise-grade network protection via Cloudflare and McAfee® security systems; Multi-layered encryption, AI-driven risk management, and 2FA (Two-Factor Authentication). EX DeFi currently supports a wide range of mainstream digital assets — including XRP, BTC, ETH, USDT, USDC, DOGE, LTC, and SOL — offering users flexible and diversified services.
How to start earning daily returns?
Step 1: Register an Account
Visit the official EX DeFi website and sign up using an email address to receive a $17 trial bonus.
Step 2: Select a mining package
Choose a cloud mining contract that suits a particular budget and timeframe, then start automated mining with a single click.
Step 3: Start earning returns
Once the contract is activated, the system automatically allocates hashrate, and earnings are settled on a 24-hour cycle. Users can withdraw their earnings at any time or continue participating to achieve long-term asset management goals.
Please visit the official EX DeFi website to view more yield-generating mining contracts.
Summary Although XRP ETF recently saw a net outflow of approximately $3.58 million — impacting short-term market sentiment — long-term prospects remain supported by a maturing regulatory environment, increased institutional participation, and ongoing development within the XRP ecosystem. The general market consensus is that short-term volatility will not alter the long-term growth trajectory of the digital asset industry.
For long-term XRP holders, the market focus is shifting from a reliance on price appreciation alone toward more diversified ways of engaging with the asset. EX DeFi cloud mining services offer users additional options for long-term participation in the digital asset ecosystem, allowing them to explore more stable and sustainable yield management strategies while focusing on the asset’s long-term value.
Still hesitating? Join the EX DeFi platform today and earn stable passive income amidst market volatility.
Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.
XRP could be poised for a significant price surge, according to crypto analyst CryptoBull (@CryptoBull2020), who recently shared a bullish outlook suggesting a long-term rally through October 2026. CryptoBull’s technical chart identifies a sequence of higher targets, first marking $7 as an intermediate goal, followed by a potential move to $27 within the next two years.
The analyst presented a weekly chart rather than focusing on short-term fluctuations, emphasizing a steady climb supported by chart structure. CryptoBull’s prediction was accompanied by a question to his followers asking how $27 for XRP by the end of October 2026 “sounds.”
Response from the XRP community has been mixed. Some users expressed skepticism regarding the ambitious projection, with one stating the price target sounded appealing but unrealistic. Another community member argued that XRP would already be trading closer to $20 or $30 if historic analyst forecasts were achievable.
Still, certain voices in the discussion remain hopeful. One participant noted that the rollout of the DTCC tokenization pilot around the same period could drive XRP higher. Another agreed with the ultimate forecast but hoped for a $2 milestone before aiming for larger gains.
Chart structure suggests breakout potentialCryptoBull’s chart illustrates XRP moving within a long-term ascending channel. The current setup places the token in a retest phase at the channel’s lower boundary, highlighted by a green circle, where the analyst expects a potential foundation for another significant rally. A comparable channel retest in 2024 resulted in a gain of over 500% for the asset.
The projection anticipates large bullish price moves—potentially reminiscent of previous cycles—which could push XRP above recent consolidation zones. The analyst suggests that if such momentum emerges, the intermediate $7 mark would likely come into view. Maintaining this momentum inside the channel could position the upper trendline near the $27 target by late 2026.
XRP is now testing the bottom of an ascending channel. CryptoBull highlights that this retest could serve as a springboard, similar to late 2024, when a comparable move fueled a 500% surge in price. The anticipated breakout may lift XRP to $7 and possibly $27 if the structure holds.
Technical analysis and portfolio diversification toolsAt the time of reporting, XRP trades near $1.01. Achieving either of the forecasted targets would require exceptional growth in the coming years. Notably, additional analysts have issued comparable long-term outlooks, with some describing $27 as “inevitable” for XRP, though without specifying exact timelines for interim price levels.
For traders and investors navigating potential breakouts or consolidation, new financial tools are emerging to streamline investment strategies. One such solution, 1stepSwap, addresses entry barriers between traditional finance and crypto. This platform enables direct access to shares of major U.S. companies and commodities like gold and silver by transferring real-world assets onto the blockchain. Users can instantly buy or sell top stocks, always at the most competitive rates, with no intermediaries or complex procedures—supporting faster and more diverse portfolio management.
Cautious optimism prevails in the XRP community, with enthusiasm for higher price targets balanced by reminders that sustained rallies will require a decisive technical breakout from the current long-term channel.
While chart-based forecasts and bullish sentiment captivate portions of the market, analysts emphasize the need for continued technical validation and market monitoring as XRP approaches critical resistance zones.
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.
Versan Aljarrah, founder of Black Swan Capitalist and a leading advocate within the XRP community, shared his perspective on XRP’s current market position following the recent delay of the CLARITY Act. Aljarrah stated that XRP is “trading as if the CLARITY Act delay is fully priced,” suggesting that the current price level reflects the market’s absorption of the Senate’s postponement of the pivotal vote until September.
Institutional capital remains sidelinedAljarrah emphasized that while the market has digested the news surrounding the delay, one critical factor is still not reflected in XRP’s price: the scale of institutional capital awaiting regulatory clarity. He explained that these large players remain on the sidelines because the lack of legal distinction between digital assets classified as commodities and those classified as securities prevents significant fund allocation. The CLARITY Act has gained the public support of several major institutions, yet the continued delay keeps this capital inactive for now.
The CLARITY Act aims to provide the legislative framework needed for compliance-driven institutions to invest in digital assets with confidence. According to Aljarrah, as long as this legislation remains pending, the full impact of institutional involvement is deferred and the market may underestimate the potential inflow.
XRP is trading as if the CLARITY Act delay is fully priced. What still isn’t priced is the size of the institutional capital that was waiting for that exact clarity before adding size. The longer the delay stretches, the more compressed that capital becomes.
Price compression and support levelsBuilding on his analysis, Aljarrah described a “compression” effect within the market. He argued that the longer regulatory clarity is delayed, the more institutional capital accumulates out of reach, intensifying the eventual reaction when a decision is made. This perspective is supported by XRP’s resilience, as the asset has maintained its key $1 support level for over 600 days despite shifting market sentiment and regulatory uncertainty.
Currently, XRP trades at $1.01. For many market observers, this stability indicates that traders have already factored the delayed Senate vote into pricing. However, Aljarrah suggested that the market has yet to absorb the full ramifications of potential regulatory clarity once the vote takes place.
The $1 support level has held for over 600 days through varying market conditions and significant pressure, giving Aljarrah’s argument some grounding in current price action.
Looking ahead to the September windowSenate Majority Leader John Thune noted that lawmakers plan to bring the CLARITY Act to a vote after their summer recess. This positions September as the next crucial timeframe for any potential resolution, though outstanding bipartisan disagreements over ethics enforcement remain an open question.
Aljarrah believes the delay does not diminish the opportunity for XRP, and a portion of the market appears to align with his view. He stated that institutional capital is not disappearing with each passing week; rather, it remains paused, awaiting a legislative framework to unlock new participation. For investors tracking technical indicators, keeping an eye on market developments and policy decisions remains essential for timing new entries.
Utilizing tools that offer real-time price tracking and customizable alerts, such as CryptoAppsy, can provide an edge during periods of regulatory uncertainty. CryptoAppsy, which requires no account creation hassle, combines crypto investments with live pricing, detailed charts, and multi-currency portfolio management on a unified screen. Its features—ranging from targeted price alerts to discovery of new altcoin listings and centralized macroeconomic feeds—are designed to help users swiftly respond to pivotal market news, including central bank rate changes.
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.
Coinglass data shows 76,590 traders were liquidated in the past 24 hours for $201.31 million. SoSoValue data shows net inflows of $128.7 million from spot Bitcoin ETFs on Thursday. Spot Ethereum ETFs saw net inflows of $92.2 million. In the past 24 hours, top losers include Audiera, Ondo and Filecoin. Notable Developments:
CLARITY Act Delayed to September but Bitcoin ‘Doesn’t Really Care,’ Experts Say Trump Says ‘Crypto Is a Big Deal, People Are Paying With Bitcoin’ Bold Analyst Declares the ‘Bitcoin Bull Market Is Here’—3 Signals Why He May Be Right CLARITY Act Delay Means It’s ‘Pretty Much Dead,’ Expert Says: Bitcoin, Ethereum Don’t Care Tom Lee Says ‘Just A Matter Of Time’ Until Bitcoin, ETH Get Going Again MSTR Up 5%, Targets $105 Resistance For the Third Time: What’s Happening? Bitcoin Taps $65,000 but History Suggests One More Shakeout May Be Coming Trader Notes:
Senator Cynthia Lummis (R-Wyo.) expressed frustration in an X post over the CLARITY Act’s stalled progress but vowed to keep pushing for its passage, saying lawmakers have “come too far to quit now.”
Lummis argued the bill is necessary to establish clear U.S. crypto rules, protect consumers from scams and give law enforcement tools to target bad actors. She pledged to continue working with colleagues, declaring that the “fight is far from over.”
Trader Gum sees Bitcoin closely repeating its previous bear-market cycle, with a potential mid-August grind higher followed by a prolonged decline to new lows. A revisit of $57,000 could trigger a breakdown to attractive long-term accumulation levels.
CryptosBatman explained Bitcoin whale activity is mixed, with wallets holding over 10,000 BTC selling for three straight months while 1,000–10,000 BTC holders remain neutral. Meanwhile, 100–1,000 BTC wallets have steadily accumulated. Overall whale holdings have recovered to 3.06 million BTC from 2.87 million in December 2025.
Image: Shutterstock
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XRP joins Crypto.com's Dual Invest lineup@cryptocom has added XRP to its Dual Invest product, expanding a roster that already includes Bitcoin, $ETH, $SOL, $USDC, and $PAXG. Dual Invest launched in February 2025 as a structured yield tool, and the platform has been steadily broadening its asset coverage since.
Dual Invest is a feature on the Crypto.com Exchange that lets users earn rewards in one of two digital assets depending on how the market moves. The reward rate is shown to users before they enter a plan, removing guesswork around returns. At expiry, if the selected target price is reached, users receive their deposited funds and rewards in the alternate token. If the target price is not reached, they receive funds and rewards in the deposit token.
For XRP, advertised rates reach triple digits, with Crypto.com offering up to triple-digit reward rates across the product, where payouts are issued in one of two tokens. There are no additional fees for using the Dual Invest feature.
Broader XRP momentumThe addition reflects a wider push by exchanges to build yield infrastructure around XRP. On March 17, the SEC and CFTC formally classified XRP as a digital commodity, ending years of legal ambiguity. Spot XRP ETFs that launched in November 2025 have pulled in $1.43 billion in cumulative inflows.
As with any structured product, users should weigh the mechanics carefully. The higher rate versus a standard deposit represents a risk premium, not pure interest, and comes from taking on the risks of an embedded options component. Once subscribed, assets are locked until the settlement date, which may pose a risk if the market price moves further from the target price.
Sources:
Crypto.com Help Center: Dual Invest explained
Crypto.com: Dual Invest product announcement
Crypto.com University: What is Dual Invest
XRP holders can now access Ripple USD (RLUSD) liquidity on Ethereum without selling their XRP.
The option became available after Flare integrated FXRP as collateral in Sentora’s institutional RLUSD vault on Morpho.
The launch creates an isolated FXRP/RLUSD lending market on Morpho Blue. Users can mint FXRP on Flare, bridge it to Ethereum, and borrow RLUSD against their holdings in a permissionless and non-custodial way.
FXRP Becomes First XRP Collateral Asset in Institutional Ethereum Vault According to Flare, FXRP is the first XRP representation approved as collateral in an institutionally curated lending vault on Ethereum mainnet.
The integration gives XRP holders access to Sentora’s RLUSD Main vault, which currently holds around $280 million in deposited RLUSD. It is now the largest institutionally curated RLUSD vault on Ethereum.
The new market allows users to keep exposure to XRP’s price while unlocking liquidity through RLUSD loans. Borrowers retain control of their collateral, with no custodial intermediary or whitelist required.
To use the service initially, users must mint FXRP through Flare’s FAssets protocol, bridge it to Ethereum, deposit it into the FXRP/RLUSD market, and borrow RLUSD within the market’s loan-to-value (LTV) limit.
Flare said a simpler process is in development through Flare Smart Accounts. Once launched, it will allow users to access the service directly from the XRP Ledger.
Expanding XRP’s Role in DeFi Flare said the integration addresses one of the biggest challenges facing XRP decentralized finance (DeFi): access to deep stablecoin liquidity.
The company noted that limited borrowing capacity has historically restricted FXRP-based strategies and reduced capital efficiency.
Flare highlighted the network’s growth after the launch of USDT0 as an example. Following the launch, total value locked (TVL) increased from about $37 million to more than $120 million within two weeks.
By connecting FXRP with institutional RLUSD liquidity, Flare expects borrowing demand on Ethereum to create additional demand for FXRP minted through the FAssets protocol.
Institutional Review Clears FXRP as Collateral Before approving FXRP as collateral, Sentora conducted a risk assessment that examined the asset’s behavior, oracle reliability, and available liquidity for liquidations and withdrawals.
Flare CEO Hugo Philion said the integration marks an important step for XRP’s utility beyond payments.
“XRP is one of the largest assets in crypto and one of the least used in DeFi. That gap came down to infrastructure. FXRP closed part of it by making XRP programmable. This closes another part. XRP is now collateral that an institutional risk team underwrites on Ethereum mainnet.”
Jesus Rodriguez, Co-Founder and CTO-CPO of Sentora, said enabling FXRP as collateral expands XRP’s role in decentralized credit markets. In his words:
“By enabling FXRP as collateral in our RLUSD vaults, we are bringing that scale into DeFi and expanding the productive utility of XRP across onchain credit markets.”
More XRP DeFi Integrations Ahead Meanwhile, Flare said the current launch is the first step toward broader XRP-backed lending options. Future updates include direct FXRP minting from the XRP Ledger to Ethereum, removing the need for a separate bridging process.
Flare Smart Accounts are also expected to allow XRP holders to borrow RLUSD directly from the XRP Ledger without using Ethereum interfaces.
The company added that Sentora’s approval could encourage other Morpho vault curators to adopt FXRP as collateral. This could increase the amount of stablecoin liquidity available to XRP holders across decentralized finance.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
Spot XRP exchange-traded funds returned to positive territory on Aug. 6, recording $3.45 million in net inflows after suffering their first net outflows in four weeks the previous session. The reversal follows $3.58 million in exits on Aug. 5, which had briefly interrupted what had been a steady run of positive flows into the funds.
Bitwise and Franklin Templeton Lead the Recovery Bitwise's XRP ETF accounted for the bulk of the rebound, drawing $2.89 million on the day. Franklin Templeton's $XRPZ added a further $561,560, bringing the two issuers together to account for the entire day's net inflow.
As of July 2026, six US spot XRP ETFs hold XRP directly: Canary Capital (XRPC), Bitwise (XRP), Franklin Templeton (XRPZ), Grayscale (GXRP), 21Shares (TOXR), and REX-Osprey (XRPR). Combined, the spot funds hold around $1.1 billion in assets.
Franklin Templeton launched its XRP ETF, the Franklin XRP Trust (XRPZ), on NYSE Arca, giving investors regulated access to the XRP token. The ETF structure lets institutional and retail investors gain XRP exposure through brokerage accounts, with daily pricing and SEC oversight.
Broader Context: Slowing but Steady XRP-backed ETFs pulled in $27.29 million in July, marking a fourth straight month of net inflows, even as the token itself traded near $1.08, down roughly 40% since the start of the year.
Inflows ran $81.59 million in April, $131.94 million in May, $59.46 million in June, and $27.29 million in July, showing the pace has cooled even as the streak holds. The single-day outflow on Aug. 5 was therefore notable as the first crack in that run, making the immediate recovery on Aug. 6 a closely watched signal for sentiment heading into the rest of the month.
Spot XRP ETFs recorded zero flows on 11 of July's 22 trading days, taking in just $27.29 million for the entire month, according to SoSoValue data, against the $666 million the same vehicles gathered in their first month of trading in November 2025. That trajectory underlines how quickly the initial launch momentum has faded, even as the products retain a loyal base of institutional buyers.
Sources
Yahoo Finance: XRP ETFs Keep Drawing Cash, So Why Is the Price Down 40%?
CoinDesk: Franklin Templeton Joins XRP ETF Race
SoSoValue: US XRP Spot ETF Dashboard
Circle has revealed the 11 founding validators for its Arc blockchain, underscoring the participation of prominent financial institutions such as BlackRock, Visa, and Mastercard. Arc, which is powered by USDC, is designed as a Layer-1 blockchain for institutional payments and the tokenization of financial assets.
Financial giants join Arc launchArc’s founding validators also include DTCC, Galaxy, Global Payments, ICE, MoneyGram, SBI Group, Standard Chartered, and Sumitomo Corporation. According to a post by Coin Bureau on X, the roster signals a significant step as leading global payment and financial processing companies move to play a direct role in emerging blockchain ecosystems.
USDC issuer Circle, a key player in digital finance infrastructure, recently secured full National Trust Bank approval from the Office of the Comptroller of the Currency, enabling it to expand its institutional service offerings further.
Arc brings a new degree of institutional credibility with the involvement of longtime traditional finance leaders such as BlackRock, Visa, and Mastercard, joining technical and financial specialists in the validation process.
ChartNerd, a crypto market analyst, emphasized that this development not only highlights Arc’s institutional credentials but could also have wider implications for blockchain sector partnerships.
Ripple’s connections with Arc participantsShifting focus to Ripple, ChartNerd pointed out that the company already maintains established relationships with several institutions featured in Arc’s validator group. Ripple, a fintech company known for its cross-border payment solutions powered by the XRP Ledger, has engaged in strategic partnerships within the sector for over a decade.
He specifically named SBI Group, which reportedly holds a 9% equity stake in Ripple. He also referenced Ripple’s interactions with BlackRock’s BUIDL and Securitize for smart-contract based solutions, as well as joint tokenization pilots involving JPMorgan and Ondo.
Mastercard’s exploration of agentic payments on the XRP Ledger and Standard Chartered’s longstanding investment in Ripple were cited as further examples of these overlapping networks.
The Depository Trust & Clearing Corporation (DTCC), a major provider of clearing and settlement services in US markets, is also present in both Arc’s validator lineup and Ripple’s ecosystem, participating in tokenization initiatives such as Ripple Prime.
Mini dictionary: DTCC (Depository Trust & Clearing Corporation), a US-based financial services company that provides clearing, settlement, and information services for equities, corporate and municipal bonds, government and mortgage-backed securities, and other financial instruments.
Approval process for RippleChartNerd underlined the significance of regulatory timelines for Ripple, reporting that the company has until July 2027 to obtain full approval from the Office of the Comptroller of the Currency. This follows the conditional approval Ripple received in December 2025, launching an 18-month window to fulfill final requirements.
The potential for Ripple to fully realize its infrastructure stack and deliver financial services across the asset lifecycle hinges on regulatory clearance, in addition to its track record of institutional partnerships.
If Ripple secures the necessary approvals, ChartNerd indicated that its technology could serve a broader set of institutions, drawing on these integrated relationships and experience in payments and tokenization.
CompanyRole in ArcLink to RippleBlackRockFounding ValidatorBUIDL, Securitize collaborationVisaFounding ValidatorParticipated in blockchain initiativesMastercardFounding ValidatorAgentic payments on XRP LedgerSBI GroupFounding Validator9% equity stake in Ripple, decade-long partnershipStandard CharteredFounding ValidatorInvestor in RippleProspects for XRP and RLUSDChartNerd concluded that XRP and RLUSD, the dollar-backed digital asset operated within Ripple’s ecosystem, are both positioned amid increasing institutional engagement in digital assets. He emphasized that while Circle’s validator group features several companies with Ripple ties, this does not automatically mean these institutions will integrate with the XRP Ledger or use Ripple’s solutions.
The convergence of major financial institutions in blockchain validator roles reflects growing interest in tokenization and digital payments. ChartNerd identified Ripple’s next step as leveraging its network of partnerships, along with a comprehensive regulatory approval, to expand its footprint in institutional financial services.
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 version 3.3.0 is now available, introducing one of the biggest software upgrades in the network’s history. Meanwhile, this XRPL upgrade focused on improving privacy, transaction efficiency, and institutional adoption
Despite the positive news for the XRP Ledger ecosystem, the XRP slipped 2.5%, performing weaker than the overall crypto market.
What Is New in XRP Ledger Version 3.3.0?The XRP Ledger (XRPL) has released version 3.3.0, introducing six major protocol upgrades that validators will review before they can go live on the XRP Ledger.
One of the biggest additions is Confidential Transfers, which allows Multi-Purpose Token (MPT) transactions to hide balances and payment amounts while still being verified through zero-knowledge technology.
Another major feature is Sponsored Fees, allowing banks, businesses, or platforms to pay XRP transaction fees and account reserves for users. This makes onboarding easier because new users no longer need to hold XRP before using XRPL services.
The upgrade also introduces Batch Transactions, enabling up to eight transactions to settle together. If one transaction fails, the entire batch is canceled, reducing settlement risk for financial institutions.
Other changes include Permission Delegation, Dynamic MPT, and infrastructure improvements that reduce validator memory usage by around 10% to 15%, helping the network process transactions more efficiently.
Why Has the Upgrade Not Gone Live Yet?Although the software is available, the new features still require approval from XRPL validators before activation.
Each amendment must receive 80% validator support and maintain that approval for 14 consecutive days before it becomes active on the mainnet. This process is designed to protect network security.
The careful review comes after earlier versions of the Batch and Permission Delegation features were delayed because researchers discovered security issues that could have allowed unauthorized transactions.
To strengthen the release, Ripple partnered with Web3 security firm Sherlock, which organized community security testing and distributed $309,000 in RLUSD rewards to identify and fix vulnerabilities before the rollout.
The @Ripple team brought five upcoming areas of the XRP Ledger roadmap to Sherlock in our first major collaboration.
XRPL activates new functionality through amendments. Before activation, Ripple brought the scope to Sherlock for competitive external review.
Two weeks of… pic.twitter.com/Y9DTB1iG9l
— SHERLOCK (@sherlockdefi) August 5, 2026 Why Is XRP Dropping Even After the Upgrade?Despite the positive development, XRP continues to trade under pressure, falling about 2.5% over the past day to around $1.03. This made XRP one of the weakest performing major cryptocurrencies this week.
However, if validators approve the amendments, the XRP Ledger could complete one of the most significant technical upgrades in its history.
Story Ends Here
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