Track market-moving stories before they get noisy

XRP Ledger has called on node operators to immediately upgrade their software following a “manifest flood” incident that exposed potential vulnerabilities in how the network handles unverified validator data. This move comes as the platform prepares to roll out the forthcoming xrpld v3.3.0, which is designed to strengthen support for institutional adoption.

Network stability and recent incidentDevelopers across the XRPL ecosystem have encouraged operators to install xrpld version 3.2.1, which directly addresses excessive resource consumption triggered by abnormal validator traffic. They warned that outdated nodes are at risk of stability problems if faced with similar traffic surges in the future.

The manifest flood did not result in any reported loss of funds. However, the situation was deemed serious enough for maintainers to push for a rapid upgrade cycle to establish a higher baseline of security and performance throughout the network.

Ripple officials emphasized that keeping infrastructure updated is essential as the range and complexity of network connections grow. With increasingly varied participants and demands on the system, resilient software becomes critical to maintaining reliable operations.

Expanded public access and ecosystem growthAlongside the upgrade push, the XRP Ledger is broadening access for developers and users through a new array of globally distributed public endpoints managed by Ankr. These access points enable easier, standardized connectivity to XRPL without requiring operators to deploy their own hardware.

This development is seen as a double-edged sword: while it allows more builders to interact with the network, it also increases the potential avenues for misconfiguration or malicious activity.

In an effort to diversify decentralized finance options, 1stepSwap has also entered the ecosystem as a platform integrating real-world assets onto the blockchain. By enabling users to purchase shares of major U.S. companies and invest in commodities such as gold and silver directly through their wallets, 1stepSwap simplifies portfolio diversification. The platform’s technology identifies the best available market price for assets in real-time, enabling swift transactions and efficient access to leading stocks.

Tokenization initiatives and institutional supportRipple has supported two companies, ZILO and Licuido, to advance tokenization infrastructure on the XRP Ledger. Their work includes developing tools for asset issuance workflows, transfer-agency services, and collateralized trading utilities—efforts aligned with growing institutional and enterprise demand for tokenized assets.

This approach reflects a broader strategy to pair essential network upgrades with an expanding stack of services. Such measures are designed to reinforce XRPL’s position as a foundation for tokenized asset markets and efficient financial services.

Operators have been strongly encouraged to upgrade to xrpld 3.2.1, which addresses processing issues linked to validator traffic. Node stability may be at risk if abnormal patterns are encountered without this update.

Ripple has backed ZILO and Licuido as part of its strategy to strengthen tokenization-related tools and services, reinforcing the XRP Ledger’s role in the evolving digital asset landscape.

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

As Ripple continues to expand the XRP Ledger infrastructure, facilitating adoption among institutions, the blockchain has continued to see a rapid increase in its holder count.

Following Ripple's persistent push, XRP Ledger is seeing renewed momentum in its tokenized asset market as the latest data from the real-world asset ecosystem shows that its number of RWA holders has soared by 25.16% over the last month.

XRPL RWA infrastructure expands Just a few days ago, Ripple disclosed its new investments in two major companies solely for the purpose of advancing the XRP Ledger infrastructure to foster institutional adoption of tokenized assets on the blockchain.

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Ripple's consistent push and expansion into the capital market follows its plan to position the XRP Ledger as a leading platform for institutional finance and real-world asset tokenization.

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Apart from the surge in its RWA holders, data also shows that over a thousand developers and businesses are building on the network as XRP Ledger continues to expand its infrastructure to offer enterprise-grade reliability, scalability, and cost-efficient transactions.

XRPL stablecoin market still underwater Despite the notable surge in RWA holders on the XRP Ledger, its stablecoin market did not show any major recovery; rather, it painted a mixed picture.

Per the data, the stablecoin market capitalization on the XRP Ledger has fallen by 9.04% to $901.4 million over the same period.

However, the number of stablecoin holders also flashed positive momentum, surging modestly by 0.92% over the 30-day period to more than 60,240 addresses.

Ripple [XRP] lingered just above the $1 mark, while traders remained divided over its August price direction. Despite this uncertainty, whales withdrew more XRP from exchanges than any other holder group.

As retail traders and other market players remained on the sidelines, could whale accumulation push XRP higher?

XRP whale wallets up their buying activity Daily outflows across the two largest exchanges, Binance and Coinbase, showed a clear accumulation.

For instance, whale wallets that moved over 1 million XRP tokens from Binance accounted for over 55% of all withdrawals. Similarly, sharks who bought between 100K and 1 million XRP accounted for 24.5%.

Source: CryptoQuant On Coinbase, sharks accounted for 55.8% of withdrawals, while whales represented another 15%.

The data from both exchanges showed large holders moved considerably more XRP off exchanges than retail participants.

As a result, the Exchange Supply Ratio fell to 0.03, meaning less XRP was available for immediate selling. That reduced potential sell-side pressure and helped XRP remain above $1 after the $1.06 billion token unlock.

Traders remain divided on XRP’s price direction for August Despite the whale accumulation, traders on Kalshi remain divided about the altcoin’s direction this month.

The chances of XRP rising above $1.10 were higher at 86%, while the odds of trading above $1.20 were 38%. However, 67% of Kalshi traders think that XRP will be trading between $1 and $1.25 by the end of the year.

Source: Kalshi On the other hand, there was a 50% chance of falling below $1, and the odds of breaking below $0.90 were 11% in August. There was a 63% chance of having $0.75 as this year’s low.

The price action was in alignment with the bearish bets, with the weekly RSI Divergence hinting at selling. The altcoin was right above $1, with $0.95 as the closest area of interest. This scenario increases the odds of dropping below $0.90.

Source: XRP/USDT on TradingView However, holding the top of the two-and-a-half-year range at $0.95 could weaken that bearish scenario. Such a defense could keep XRP between $1 and $1.25.

Kalshi priced the probability of XRP ending the year above $1.25 at around 39%.

Therefore, XRP could remain below $1.25 despite whale accumulation, with prediction markets and price action favoring a wider range.

Final Summary XRP whales accounted for more than 55% of Binance’s daily withdrawals, signaling continued accumulation. Kalshi traders largely expected XRP to end 2026 between $1 and $1.25.

Crypto analyst Ali Martinez shared critical technical levels for Bitcoin, Hyperliquid, and XRP, noting that the amount of BTC being moved to exchanges and miner sales could increase selling pressure in the market.

According to Martinez, Bitcoin is testing the upper boundary of a descending channel formation. Therefore, the $64,300 level stands out as a critical threshold for short-term price movements.

The analyst stated that a four-hour candle close above $64,300 would confirm a breakout from the descending channel. In such a scenario, the BTC price could initially reach $65,500, and if the uptrend continues, it could advance further to $66,500.

However, Martinez also pointed out on-chain developments that could increase selling pressure on Bitcoin. According to data shared by the analyst, more than 20,000 BTC were transferred to cryptocurrency exchanges in a short period of time.

The influx of Bitcoins into exchanges is being interpreted as an increase in potential selling pressure in the market, as it could signal that investors are preparing to sell. Martinez stated that BTC inflows to exchanges should be closely monitored.

Bitcoin miners have also been seen selling recently. According to Martinez, miners sold approximately 1,774 BTC worth about $112 million in the last week. The analyst interprets this movement as a new wave of profit-taking among miners.

Martinez also warned that the technical outlook for Hyperliquid’s native token, HYPE, could weaken.

The analyst noted that the HYPE price has reached a significant resistance trend line, and that the TD Sequential indicator has generated a sell signal in the same area.

He stated that if sellers gain control of the market in the resistance zone, the HYPE price could fall towards the $50 level.

According to Ali Martinez, the most important price level that will determine the direction of XRP in the coming period will be $1.06.

The analyst stated that if XRP manages to stay above the $1.06 support level, buyers could regain strength, and the price could target the $1.35 and $1.64 levels respectively.

However, Martinez stated that if the $1.06 support level is lost, selling pressure could accelerate, warning that the XRP price could fall first to $0.80 and, if the decline deepens, to $0.62.

*This is not investment advice.

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The cryptocurrency market has endured persistent weakness through 2026, with conditions worsening in June as investors await decisive action from Washington. The upcoming Senate vote on the CLARITY Act is now seen as a pivotal event, with Bernstein analysts forecasting significant repercussions for digital assets if the bill does not pass.

Bernstein outlines risk scenarioIn their latest report, Bernstein analysts warned that a failed CLARITY Act vote would trigger a fresh wave of crypto selling. The current market downturn, already extended, could intensify before finding relief. Bernstein predicts the period of weakness would likely continue until late in the third quarter or early in the fourth quarter of 2026.

Analysts emphasized that if legislative attempts stall, U.S. regulatory bodies such as the SEC and CFTC are expected to respond quickly by pushing new rules. This regulatory shift would likely mark a transitional phase for the market, reducing the risk of a sustained collapse.

Bernstein expects that if the CLARITY Act is rejected, the resulting crypto selloff will be met by an acceleration of rulemaking from the SEC and CFTC, with the current market weakness projected to last until late Q3 or early Q4.

This scenario coincides with the broader trend of regulatory agencies stepping forward amid legislative uncertainty, signaling a willingness to take a more active role in crypto oversight.

Regulatory intervention and market timingThe timeline for new rules is significant. Senator Cynthia Lummis, a leading proponent of the CLARITY Act, has cautioned that if the bill does not pass before the Senate recess begins on August 7, efforts to establish clear crypto regulation could stall until 2030. This would coincide with the seating of a new Congress following the midterm elections, potentially delaying progress by several years.

A prolonged absence of legislative clarity is expected to maintain downward pressure on digital assets. Four additional years without comprehensive regulation would likely limit recovery for the crypto sector and contribute to uncertainty among both institutional and retail participants.

Both the SEC and CFTC have moved forward together in key areas, including the joint classification of 16 digital assets as commodities in March. SEC Chair Paul Atkins recently expressed that the agency stands ready to develop rules if congressional action falters. He underscored the preference for statutory solutions, stating that legislative clarity is more robust than agency guidance and less likely to be reversed by future administrations.

SEC signals readiness for new rulesAtkins noted, “If something should not happen in Congress, we stand ready to provide that,” confirming that the SEC’s posture has shifted from enforcement-led strategies to more proactive rulemaking. This marks a major change following years of legal actions and uncertainty for crypto firms.

SEC Chair Atkins confirmed the agency’s position, emphasizing that comprehensive legislation is preferable for future-proofing regulation, but that the commission will act unilaterally if necessary.

This evolving regulatory landscape has created the potential for rapid shifts in compliance requirements and market behavior depending on the bill’s fate.

As the crypto industry confronts this inflection point, market participants have increasingly looked to integrated platforms for access to both traditional and digital assets. Platforms like 1stepSwap are addressing these needs by making it possible to transfer real-world assets, such as shares of major U.S. companies and commodities like gold and silver, directly onto the blockchain. These platforms enable users to trade these products from their wallets without intermediaries or complicated processes, and feature advanced tools for securing the best available prices and rapid settlement for portfolio diversification.

Legislative outlook and potential market outcomesThe CLARITY Act remains on the Senate calendar with 51 confirmed votes and the support of 7 to 10 Democratic senators. However, the threshold for passage is 60 votes, and available floor time before the Senate recess is limited.

If the Senate approves the bill, the crypto market could receive legislative certainty after years of ambiguity. If the measure fails, Bernstein’s analysis suggests an initial drop in asset prices, followed by an expedited regulatory response that may stabilize conditions later in the year.

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) ETFs have posted four straight days of inflows totaling roughly $15.4 million, yet the chart points toward $1 if the $1.05 floor breaks.

The Number Bigger Than ETF Inflows That Nobody Is Talking AboutCrypto commentator Evernorth flagged on X that tokenized real-world assets on the XRP Ledger have grown from $73 million in January 2025 to $4.3 billion as of August 2, a nearly 60x increase in 19 months, according to RWA.xyz data.

That figure is nearly three times larger than the $1.5 billion in cumulative spot XRP ETF inflows since November 2025, according to SoSoValue. 

The growth accelerated sharply from $617 million in October 2025 to $1.94 billion by January 2026, more than doubling again by April 2026.

Four Days Of ETF Inflows Into A Struggling ChartXRP ETFs recorded inflows across four consecutive sessions with institutions buying into weakness rather than waiting for price confirmation.

XRP ETF Daily Inflows — July 29 to August 3Canary Capital’s XRPC (NASDAQ:XRPC) was the sole contributor on August 3, with Bitwise and Franklin sitting idle that session.

Why Japan Could Be The Next Catalyst For XRPCrypto commentator EGRAG CRYPTO argued in an X thread that Japan’s central bank faces a choice between keeping rates low and watching the yen weaken further, or raising them and destabilizing its government bond market. 

The author proposed the XRP Ledger as a third option, not to replace the yen but to reduce the capital Japanese institutions must park in foreign currencies for cross-border payments.

By routing payments through XRP as a bridge asset, Japanese institutions could free up trapped liquidity and ease pressure on the yen without a disruptive all-at-once sell-off of foreign assets. 

The thread noted the Bank of Japan is already exploring tokenized settlement infrastructure through Project Agorá but has not endorsed XRP specifically, and that the vision depends on regulation, deep liquidity, and institutional integration.

XRP Price Analysis: Will The $1.05 Floor Hold Or Is $1 Next?XRP holds around $1.08 Monday, sitting at the apex of a descending triangle that has compressed price for more than two months. 

The Parabolic SAR at $1.1468 remains above price and all four EMAs stack bearishly overhead. 

Descending triangles statistically break to the downside, with the $1.05 floor the only level standing between current price and $1.00.

Key XRP Levels — August 3, 2026Photo via Shutterstock

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Jay Clayton, the former U.S. Securities and Exchange Commission (SEC) chairman who authorized the agency's landmark lawsuit against Ripple, has officially been sworn in as the new U.S. Director of National Intelligence (DNI).

The swearing-in ceremony was announced Tuesday by White House Special Assistant Margo Martin after Clayton secured Senate confirmation in a narrow 51-47 vote.

He now becomes the nation's top intelligence official. Clayton will be responsible for overseeing the U.S. intelligence community after succeeding Tulsi Gabbard.

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Clayton's Ripple legacy For the cryptocurrency industry, however, Clayton's name remains closely associated with the notorious lawsuit against Ripple, 

On Dec. 22, 2020, the regulator filed its high-profile lawsuit against Ripple Labs, CEO Brad Garlinghouse, and Executive Chairman Chris Larsen. This was Clayton's last day as the head of the agency. 

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Clayton left the SEC immediately afterward, but the case continued under his successor, Gary Gensler, before Ripple ultimately secured a series of major courtroom victories that reshaped the SEC's approach to crypto enforcement.

Clayton's pro-crypto stance Ironically, Clayton's relationship with the digital asset industry changed significantly after leaving the SEC.

In March 2021, he joined the advisory council of One River Asset Management, whose digital asset division was focused on Bitcoin and Ethereum investments. 

Just months later, he also joined the advisory board of crypto infrastructure company Fireblocks. At the time, Clayton described Fireblocks as "a leader in the evolving digital asset space" and argued that digital asset custody should strive for stronger regulatory certainty while maintaining institutional-grade security.

Since leaving office, Clayton has also expressed optimism about blockchain. He has also voiced support for developing clear rules for stablecoins, decentralized finance and Bitcoin exchange-traded products.

More recently, Clayton predicted that comprehensive U.S. cryptocurrency legislation would likely emerge under the current administration. 

New Institutional Backed Lending MarketFlare announced Monday that its wrapped version of XRP, FXRP, has been approved as collateral by Sentora, which manages a $280 million RLUSD lending pool.

The approval enables an isolated FXRP/RLUSD lending market on Morpho Blue, allowing users to deposit FXRP as collateral and borrow RLUSD while maintaining exposure to XRP’s price.

The lending market is permissionless, meaning users do not need to join a whitelist to participate.

The integration gives XRP holders a way to unlock liquidity without selling their tokens, expanding the cryptocurrency’s role in decentralized finance.

Adoption remains an early-stage challenge. Flare said around 155 million FXRP has been minted since launch, compared with its longer-term goal of bringing 5 billion XRP into its ecosystem over the next six months.

XRP Least Utilized Crypto AssetFlare expanded decentralized finance utility for the asset through a new institutional-backed lending market.

Currently, users must mint FXRP through Flare’s FAssets protocol, bridge it to Ethereum using Stargate, deposit the asset into Morpho Blue and borrow RLUSD at their preferred loan-to-value ratio.

Flare said it is developing Smart Accounts that would allow XRP Ledger users to authorize the entire process directly from their wallets, while native XRPL-to-Ethereum minting is also under development.

Flare co-founder and CEO Hugo Philion told CoinDesk that XRP remains one of crypto’s largest assets but one of the least utilized in DeFi, adding that institutional approval of FXRP as Ethereum collateral is more meaningful than simply adding another bridge.

Image: Shutterstock

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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.

Ripple minted $133.3 million in RLUSD on the XRP Ledger on August 3, according to data from the Ripple stablecoin tracker website.

The substantial mint on the XRP Ledger comes amid growing activity for RLUSD and rising demand for stablecoin liquidity. The minting introduces new liquidity to the XRPL ecosystem, where RLUSD has been broadening its role across payments, decentralized finance, and institutional use cases.

In the last seven days, $185 million in RLUSD has been minted on the XRP Ledger, bringing the total to $309 million in the last 30 days. RLUSD supply on the XRP Ledger has surpassed $850 million, currently at $851 million.

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Ripple introduced "Ripple Mint" last month, allowing institutions to mint and redeem RLUSD directly from the source, bridge the stablecoin across chains, and track funds across the full lifecycle of a transaction. Through the feature, they can also integrate RLUSD operations into internal systems or workflows.

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Expectations are building around the upcoming XRP Ledger Lending protocol, which will allow institutions and other projects to lend and borrow XRP or RLUSD and is regarded as a major unlock for on-chain liquidity.

RLUSD utility increasesIn a major development, XRP holders can now borrow RLUSD on Ethereum through Sentora, which manages a $280 million lending pool of Ripple's RLUSD stablecoin.

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According to a recent Flare announcement, XRP holders can now use its wrapped XRP (FXRP) as collateral to borrow Ripple's RLUSD stablecoin on Ethereum via a new isolated market on Morpho Blue.

Flare's wrapped XRP (FXRP) has been accepted as collateral by Sentora, which manages a $280 million lending pool of Ripple's RLUSD stablecoin. Borrowers post FXRP and take out RLUSD against it. The approval opens an isolated FXRP/RLUSD market on Morpho Blue, where holders can borrow against XRP exposure rather than sell it.

In a separate development, Ankr's public RPC infrastructure is now live on XRP Ledger, giving developers direct access to the network without running their own nodes.

Ripple President Monica Long says the shift in institutional capital markets is no longer a question of timing. Speaking recently, Long argued that the industry has moved past the pilot phase and into full production deployments on the $XRP Ledger.

From Pilots to Production Long has been consistent in framing 2026 as a turning point. In a January outlook published on Ripple's website, she wrote that 5 to 10 percent of capital markets settlement is expected to move onchain, driven by regulatory momentum and the adoption of stablecoins by systemically important institutions. Over the last few years, leaders across the crypto industry have laid the technical and regulatory groundwork necessary for long-term adoption, and in 2026, that investment is set to pay off as trusted digital asset infrastructure and expanded utility spur institutional demand, leading more banks, corporates and providers to move from pilot phases into full-scale production.

Ripple has backed that view with concrete moves within the XRPL ecosystem, including supporting ZILO and Liquido to expand tokenized asset infrastructure. The goal, Long has said, is to provide the full stack of digital asset infrastructure, allowing institutional participants to take advantage of the entire lifecycle of a tokenized asset on the XRP Ledger.

Aviva Investors Brings a Live Product to XRPL The clearest signal of that shift came on July 29, when Aviva Investors, the global asset management arm of UK insurance giant Aviva plc, rolled out a tokenized share class for its US Dollar Liquidity Fund on the XRP Ledger, becoming the firm's first tokenized investment fund. The Central Bank of Ireland approved the structure, which the firms called a regulatory first for tokenized funds. All underlying assets are held by BNY Mellon. The fund targets low-risk returns and daily liquidity through exposure to high-grade US dollar-denominated short-term debt instruments. Komainu provided regulated institutional digital asset custody and Licuido supplied the tokenization infrastructure for the launch.

The blockchain-based share class offers the same investment strategy, risk profile, daily liquidity and investor protections as the conventional fund while enabling more efficient fund operations through tokenization. The rollout turns their February partnership into a live investment product. The initiative marks Aviva's first tokenization effort and Ripple's first deal with a Europe-based asset manager.

According to RWA.xyz, the XRP Ledger tracked roughly $4.37 billion in real-world assets on July 29, 2026, split between $313.3 million in distributed assets and $4.06 billion in represented assets. Ripple's ambition is to support the full lifecycle of tokenized assets on that infrastructure, from issuance through settlement and beyond.

Sources:
Ripple: Monica Long Crypto Predictions and Trends for 2026
Crypto Briefing: Aviva Investors debuts first tokenized fund on XRP Ledger
CoinDesk: Aviva Investors to tokenize funds on XRP Ledger in Ripple partnership

Leading cryptocurrency analyst Ali Martinez shared their insights on XRP (CRYPTO: XRP) on Monday, highlighting crucial price levels that could dictate the sixth-largest cryptocurrency’s moves.

XRP Readies for Big BattleIn an X post, Martinez identified $1.06 as the decisive pivot for XRP, citing data from the Unspent Transaction Output Realized Price Distribution chart.

This indicator identifies the precise price levels at which existing coin supplies were last transacted or acquired on-chain.

Martinez suggested that if XRP can maintain a value above $1.06, bulls might push the price to $1.35 and $1.64, representing an upside potential of 26%-53%. However, if it falls below this level, the cryptocurrency could plummet to $0.80 or even $0.62.

Technicals Paint a Bearish PictureThe Moving Average Convergence Divergence indicator, which compares the 12-period and the 26-period exponential moving averages, flashed a "Sell" signal for XRP, according to TradingView.

The Bull Bear Power indicator, which measures the strength of buyers and sellers, also screamed a “Sell.” The Relative Strength Index hovered just below the neutral center line, meaning a balance between buying and selling pressure.

XRP’s Rise Tied to Fed Policy?Macro strategist Rebecca Walser recently suggested that XRP could benefit if the Federal Reserve eases policy due to mounting U.S. debt costs.

She warned that higher bond yields and economic uncertainty could pressure risk assets before a broader shift towards blockchain-based finance gains momentum.

Price Action: At the time of writing, XRP was exchanging hands at $1.07, up 0.71% over the last 24 hours, according to data from Benzinga Pro. The cryptocurrency has fallen by over 5% in the last month.

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Ripple President Monica Long has outlined the company’s latest investments in the digital asset sector, describing the move as a strategic response to accelerating adoption of blockchain by traditional banks. Long referred to the current shift in financial institutions as similar to a “light switch flip,” noting that companies are moving beyond isolated pilots to the real issuance of tokenized assets.

Focus on regulated transfers and on-chain capitalLong stated that Ripple is addressing institutional demand for regulated transfer agents and collateral management tools, a shift reflected by a $3.97 billion on-chain capital base now active on the XRP Ledger (XRPL), according to research platform RWA.xyz.

The new investment targets ZILO and Licuido, two platforms supporting infrastructure for blockchain finance. This step follows the launch of a dollar liquidity fund on XRPL by Aviva Investors, which is an asset management business under Aviva. The fund, with an initial $759.67 million stablecoin backing called Ripple USD (RLUSD), was recently approved by the Central Bank of Ireland, further bolstering XRPL’s status among established financial players.

Long connects these developments to “capital moving into a 24/7 on-chain environment,” highlighting that regulatory approval has driven traditional finance to recognize the advantages of public ledgers.

The ecosystem expansion has triggered wider market participation, as the number of token holders on XRPL’s real-world asset (RWA) segment has climbed by nearly 24%. This uptick is seen as evidence of growing interest among institutional and asset management participants in Ripple’s technology stack.

Mini dictionary: RWA (Real World Assets), refers to blockchain-based representations of assets such as government bonds, treasury funds, or commodities, allowing traditional financial products to be managed and traded on chain.

XRPL ecosystem integrates stablecoins, commodities, and creditRipple’s broader strategy targets enabling a comprehensive digital asset lifecycle on XRPL, with stablecoins like RLUSD providing foundational liquidity. The network’s infrastructure now supports regulated assets, commodity-backed tokens, and sovereign funds.

At present, the British JMWH token is listed on XRPL with a reported valuation exceeding $2.22 billion, while Ondo Finance’s U.S. Treasury fund, OUSG, adds another $212.51 million to the network’s real-world asset activity.

AssetTypeValueRipple USD (RLUSD)Stablecoin$759.67 millionJMWHCommodity-backed token$2.22 billionOUSG (Ondo US Treasury)RWA Fund$212.51 millionIn addition, the network now carries over $650 million in credit products, spanning markets from Spain to Brazil. This diversification into various assets consolidates XRPL’s position as a fully operational marketplace available around the clock.

Long claimed that Ripple’s infrastructure approach, now expanded through its agreements with ZILO and Licuido, marks the creation of a multi-dimensional market on XRPL. The integration of stablecoins, commodities, and credit assets within a single system reflects growing confidence in the ability of public blockchains to manage institutional-grade financial products at scale.

The current architecture combines cross-border stablecoin liquidity, real-world commodities, and multi-region credit offerings within an unbroken, 24/7 XRPL environment.

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 Update, an active cryptocurrency analyst on X, has issued a technical analysis indicating that a surge toward $10 is now a plausible target for XRP. Presenting a long-term chart for the XRP/USD pair, the analyst emphasized that “$10+ XRP is no longer a wild target; it’s a realistic possibility.” The view is positioned on historical price trends and specific technical structures that suggest significant upward movement is possible.

Technical chart shows key levels and patternsThe analysis traces XRP’s trading near $1 as it confronts a crucial support zone after a lengthy corrective phase. The shared chart highlights potential Fibonacci extension targets at $7.86 and $11.64—levels notably above the current range. Fibonacci extensions are commonly used tools among technical analysts to identify prospective price targets after a retracement or correction.

XRP has been locked in a broad consolidation pattern following its most recent rally. According to the chart, the price is currently testing a long-term trendline and major support region. A sustained breakout from this formation could pave the way toward higher Fibonacci levels. The analysis underlines the significance of the present price zone as a deciding point for the next directional move.

XRP Update points to long-term historical cycles and notes, “$10+ XRP is no longer a wild target; it’s a realistic possibility,” on the basis of current technical formations and Fibonacci extensions.

Within the context of this analysis, the referenced price targets would require XRP to break through resistance and maintain momentum following consolidation. Supporters see parallels with earlier accumulation phases that preceded previous rallies. The technical setup draws upon comparisons with XRP’s prior market cycles while also noting increased institutional interest and advances in blockchain adoption as possible catalysts for growth.

Community reaction remains dividedDespite the optimistic outlook from XRP Update, responses from the wider crypto community have been mixed. Some observers questioned the likelihood of a move to $10, with a few highlighting skepticism about the asset’s long-term prospects. One commenter asserted that XRP would “never break $5,” reflecting uncertainty about future gains. Others remain critical of persistent bullish predictions for the asset and openly doubt its role in the evolving digital asset ecosystem.

Conversely, some community members took a moderate stance, suggesting that the question may hinge more on the timing of any potential surge rather than the overall possibility. These users compared XRP’s recent performance to other digital currencies, remarking that several tokens have produced stronger returns over comparable periods.

Compared to its previous all-time high, XRP trades below peak levels. Reaching $10 would require a substantial rally beyond recent market conditions.

LevelCurrent StatusCurrent XRP price~$1Fibonacci targets$7.86, $11.64Historical all-time highAbove $3 (2018)Analyst projected target$10+Market outlook depends on technical breakoutDiscussions about XRP’s next move center around technical signals, evolving market sentiment, and broader shifts in the digital asset sector. While the analysis offers an encouraging scenario supported by historic data and technical projections, realizing the $10 objective depends on overcoming layered resistance and sustaining momentum beyond the current period of consolidation.

XRP, the native token of Ripple’s blockchain-based payments network, is one of the widest-known digital assets designed for efficient cross-border payments. Despite legal and regulatory challenges in past years, XRP continues to hold a significant position among the largest cryptocurrencies by market capitalization.

Many market participants remain attentive to further developments and await a decisive breakout to validate the analyst’s projections. Until then, the asset’s immediate trajectory is likely to be shaped by broader sector sentiment and key price milestones.

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.

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GRAM/Telegram App Store incident: Apple pulled Telegram worldwide over a content-policy violation on Aug. 4, causing the GRAM price to drop by over 6% to $1.297 before rebounding to $1.3818 after Telegram removed the content and Apple restored the app hours later.XRP-backed RLUSD loans: Flare's wrapped FXRP token is now approved collateral in Sentora's $280 million lending vault on Morpho Blue, letting large XRP holders borrow Ripple's RLUSD stablecoin without selling their XRP.Bitcoin undervaluation signal: CryptoQuant's UTXO Age Bands data shows "young" BTC supply at a multi-year low — a pattern last seen at the 2015, 2019, and 2022 cycle bottoms — pointing to an accumulation phase, with a bull cycle expected closer to 2027.ETF flows vs. wallet hack: U.S. spot Bitcoin ETFs added $170.1 million on Aug. 3, while spot Ethereum ETFs saw $11.42 million in outflows. In the meantime, a Coldcard hardware-wallet exploit stole roughly 1,596 BTC worth around $130 million from about 7,300 addresses.How Apple's temporary ban sent the GRAM token on a price rollercoasterOn the night of Aug. 4, the GRAM token took investors on a real rollercoaster ride, instantly falling by more than 6% to $1.297 before sharply recovering to $1.3818. The price turbulence was caused by Telegram's sudden removal from Apple's App Store.

The application temporarily disappeared from Apple's marketplaces worldwide, including in the United States, India, Australia, and Singapore. According to Reuters, the trigger was user-generated content that violated the platform's rules. Telegram's developers quickly removed the violating content and blocked its author, after which Apple fully restored the messenger to the marketplace.

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GRAM token intraday price action amid Apple's App Store temporary ban on Telegram messenger, Source: TradingViewTraders' reaction to the ban news formed a deep red candle on the intraday GRAM/USDT chart by TradingView. However, the sell-off did not continue. As soon as the application returned to the marketplace, buyers aggressively bought the dip, forming a powerful green candle and returning the asset to its previous trading range.

Perhaps the main takeaway for cryptocurrency investors is that, despite strong fundamental support in the form of Pavel Durov's direct backing and announcements of integrated wallets, GRAM remains hostage to the regulatory risks surrounding Telegram, which is already attracting close attention from authorities in France and Australia.

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XRP-backed loans: RLUSD stablecoin gains new source of liquidityLarge XRP holders can now obtain dollar liquidity against their tokens without having to sell them. This became possible after Flare Networks' wrapped FXRP token was officially approved as collateral in Sentora's lending vault on the Morpho Blue platform on Ethereum.

The pool allocated for these operations totals $280 million.

Sentora, the institutional curator, added the asset to the listing after a detailed analysis of the token's market behavior, decentralized oracle performance, and automatic liquidation mechanisms.

The lending chain works in three stages: users mint FXRP on Flare at a 1:1 ratio to XRP through the FAssets protocol, transfer it to Ethereum through the Stargate bridge, and lock it in the pool as collateral to borrow Ripple's regulated RLUSD stablecoin.

Overview of new FXRP/RLUSD pool on Ethereum, Source: Morpho"This is something we have been working toward for a while," Flare Networks co-founder Hugo Philion commented on the launch. He emphasized that the lending market curated by Sentora "opens the door for much larger FXRP lending markets and for institutions that hold billions of XRP to participate." In effect, the project has deployed full-scale lending rails for large capital directly on the Ethereum mainnet.

According to the developers, the integration addresses the issue of XRP's utility in the DeFi sector while simultaneously stimulating the issuance of the stablecoin itself.

As the next step, the Flare team is already designing a smart account system that will automate the process and transfer liquidity directly from XRPL into RLUSD.

Only diamond hands left: CryptoQuant signals Bitcoin is deeply undervaluedBitcoin is stuck in a zone of deep undervaluation, while total apathy has taken over the market — and for long-term investors, this is the best possible signal. Fresh on-chain analysis from CryptoQuant shows that the current calm closely mirrors market behavior at the bottom of previous cycles.

The main indicator here is the age of coins on the network, measured by the UTXO Age Bands metric. The share of "young" capital — Bitcoin that has been actively traded during the past month — has fallen to a critical low. This means that casual speculators and retail investors have completely lost interest in crypto and left the market.

Bitcoin's UTXO age bands in context of historical BTC price bottoms, Source: Crypto Dan via CryptoQuantBitcoin's supply is now almost entirely controlled by long-term holders who are simply maintaining their positions and refusing to sell the asset at current prices.

The same picture of total boredom and a shortage of actively traded coins has been recorded on the chart only three times in history: in 2015, 2019, and 2022. Each time, this phase preceded the beginning of a major reversal.

According to the on-chain analysis, Bitcoin has already entered a bottoming structure from the perspective of its four-year cycles. It is impossible to identify the exact price bottom down to the dollar, but the current price range represents a classic accumulation zone ahead of the next major bull market, which analysts expect closer to 2027.

Crypto market outlook: Institutions hold Bitcoin despite ETH outflows and hardware wallet uncertaintyInstitutional capital is stabilizing the market, with a one-day inflow into U.S. spot Bitcoin ETFs offsetting recent selling pressure and fears surrounding isolated hacking incidents.

While Bitcoin remains in a range just below key technical barriers, the long-term trend is shifting toward the deep integration of tokenized deposits by major global banking institutions such as Wells Fargo.

Key checkpoints:

ETF momentum accelerates: After a period of uncertainty, U.S. spot Bitcoin funds recorded net inflows of $170.1 million on Aug. 3, 2026. BlackRock's IBIT led the market with $111.43 million in inflows, while spot Ethereum ETFs recorded a modest outflow of $11.42 million.Bitcoin consolidation range: The leading cryptocurrency is trading within a consolidation range between $56,300 and $66,000. Despite a bullish divergence on the daily RSI after it reached oversold territory, a clean breakout above the nearest local resistance is required to initiate a sustainable growth scenario.Major hardware wallet vulnerability: Galaxy Research confirmed that an exploit targeting a Coldcard vulnerability resulted in the theft of 1,596 BTC from approximately 7,300 addresses. Total estimated losses involving at least 15 coordinated hackers could reach 2,000 BTC, worth approximately $130 million.Commercial tokenization takes root: Wells Fargo, with $2.2 trillion in total assets, officially announced the upcoming launch of tokenized deposits for corporate clients this fall. The initiative, built on a proprietary blockchain, is targeting 24/7 settlements by mid-2027 in cooperation with JPMorgan and Citigroup. You Might Also Like

Jake Claver does not start with a price chart when he makes the case for XRP reaching $10. He starts with a problem that has existed in the global financial system since 1944 and has never been cleanly solved.

The Triffin Dilemma describes the tension that emerges when a national currency serves as the global reserve asset. The issuing country must run persistent trade deficits to supply the world with liquidity, gradually undermining the credibility that made its currency desirable in the first place. The United States has been living with that contradiction for eight decades.

Claver’s argument is that XRP removes that tension entirely. As a neutral non-sovereign settlement asset that belongs to no country and settles transactions in seconds at negligible cost, it fills a gap in the global monetary architecture that no existing instrument addresses cleanly. That is not a speculative thesis. It is a description of a structural problem and an asset whose properties happen to solve it.

The more immediate mechanism he is watching is the Japanese yen carry trade. When that trade unwinds at scale, Japanese investors selling U.S. Treasuries to repatriate yen push yields higher at precisely the moment the U.S. government can least afford rising borrowing costs. 

The natural absorber of that Treasury supply in his framework is stablecoin demand. Under the GENIUS Act, stablecoins are required to hold U.S. Treasuries as reserves. As stablecoin supply expands, institutional demand for Treasuries expands alongside it, providing the buyer the bond market needs when carry trade unwinding creates the seller.

XRP sits inside that mechanism. RLUSD, Ripple’s regulated stablecoin, operates on XRP Ledger infrastructure. Every dollar of RLUSD issued creates demand for the ledger’s settlement capacity. Every cross-border payment routed through Ripple’s network is a transaction where XRP serves as the bridge asset between currencies. The stablecoin market becoming a systemic Treasury buyer is not a crypto story. It is a bond market story. And Ripple is building the infrastructure it runs on.

The $10 price target follows from market cap mathematics rather than sentiment. XRP at $10 with approximately 60 billion tokens in circulation implies roughly $600 billion in market capitalisation. 

Ripple’s acquisition strategy is explicitly designed to capture that scale. Hidden Road’s prime brokerage infrastructure, GTreasury’s corporate treasury management software and Rail’s stablecoin payment rails each add institutional connectivity that routes more financial activity toward the ledger.

The timing is the variable Claver cannot control. The CLARITY Act, if passed before the August recess, removes the last major regulatory barrier for U.S. institutions building compliant products on XRP infrastructure. The yen carry trade unwind, if it accelerates in Q3, creates the bond market conditions that make stablecoin demand a systemic priority rather than a niche conversation.

What Claver watches is not the XRP price chart. It is weekly stablecoin supply data, GENIUS Act implementation timelines and the pace at which Ripple’s acquired businesses route volume through the ledger they were bought to serve.

“The price follows the infrastructure,” he said. “And the infrastructure is further along than almost anyone outside this space realises.”

At $1.07 today, the gap between current price and a $10 target is significant. Claver’s argument is that the gap measures how early the infrastructure story still is, not how speculative the target is.

Story Ends Here

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Bitcoin (BTC) advances above $63,000 on Tuesday, buoyed by increasing investor risk appetite. Ethereum (ETH) continues to trade under pressure below the supply range at $1,900 and above the short-term $1,800 support. At the same time, Ripple’s (XRP) upside is constrained under the pivotal $1.10 level while support at $1.00 remains intact.

Bitcoin, XRP ETFs attract inflowsInstitutions renewed their appetite for Bitcoin spot Exchange-Traded Funds (ETFs), which recorded a total of $170 million in inflows on Monday, following roughly $265 million in outflows on Friday. Should the demand for US-listed ETFs increase, it will raise the odds of an extended recovery.

Bitcoin ETF flows | Source: SoSoValueEthereum ETF experienced renewed outflows of approximately $11.42 million on Monday, snapping two consecutive days of inflows, including $13.29 million on Thursday and $9.03 million on Friday. The return of ETH ETF outflows while Bitcoin records inflows suggests capital rotation within the crypto market.

Ethereum ETF flows | Source: SoSoValueAs for XRP spot ETFs, inflows extended for the fourth consecutive day, totaling $1.15 million on Monday. This marks a significant drop from the $7.69 million recorded last Friday. According to SoSoValue data, cumulative inflows hold steady at $1.15 billion, with net assets under management at $1.01 billion.

ETH ETF flows | Source: SoSoValueTechnical analysis: Bitcoin holds short-term supportBitcoin trades at $63,588, with a bearish near-term bias as the price remains below the 50-day, 100-day and 200-day Exponential Moving Averages (EMAs). The pair is capped first by the 50-day EMA around $64,644, with the longer-term 100-day EMA near $67,132 and the 200-day EMA around $72,673 reinforcing a broader downside tone.

The Moving Average Convergence Divergence (MACD) indicator holds in negative territory with a weak profile on the daily chart, while the Relative Strength Index (RSI) around 48 stays near neutral, hinting that bearish pressure persists but without extreme selling conditions.

BTC/USDT daily chartOn the downside, immediate support lies at the SuperTrend level around $61,034, which marks the nearest structural floor before deeper losses could open the way toward lower psychological levels. On the topside, bulls would need to reclaim the 50-day EMA at $64,644 to ease immediate downside pressure, with subsequent resistance at the 100-day EMA near $67,132 and the 200-day EMA around $72,673, where a sustained break would be needed to shift the broader outlook back toward a more constructive trajectory.s

Altcoins technical outlook: Ethereum and XRP sell-off persistEthereum trades around $1,857, holding in a neutral near-term stance as price sits above the 50-day Exponential Moving Average (EMA) at $1,851 but remains capped well below the 100-day EMA at $1,928. The SuperTrend indicator at $1,741 continues to underpin the broader rebound structure, yet downside momentum is hinted at by the MACD histogram slipping further below zero, while the RSI fluctuates around the 50 mark, signaling a lack of clear directional conviction.

ETH/USDT daily chartOn the topside, initial resistance emerges at the 100-day EMA near $1,928, with the 200-day EMA around $2,153 forming a more substantial barrier that would need to be reclaimed to revive a stronger bullish phase. On the downside, immediate support is defined by the nearby 50-day EMA around $1,851, with a deeper cushion at the SuperTrend line near $1,741, where a break lower would likely shift the bias decisively in favor of sellers.

XRP, on the other hand, trades at $1.07 while remaining under clear downside pressure, holding below the 50-day, 100-day and 200-day EMAs clustered at $1.12, $1.20 and $1.39, respectively, which reinforces a bearish near-term bias.

The spot Price also trades beneath the Bollinger Bands middle layer at $1.09, keeping the action confined to the lower half of the volatility envelope, while the RSI hovering around 45 and a slightly negative MACD reading hint that momentum remains fragile and rallies are likely to be sold.

XRP/USDT daily chartOn the topside, initial resistance emerges at the Bollinger midline near $1.09, ahead of the 50-day EMA around $1.12 and the upper Bollinger Band near $1.14, with further recovery capped by the 100-day EMA at $1.2 and the 200-day EMA up at $1.39. On the downside, immediate support aligns with the lower Bollinger Band around $1.05, and a clear break beneath this band would open the door to deeper losses as sellers extend control within the current bearish structure.

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

Crypto ETF FAQs An Exchange-Traded Fund (ETF) is an investment vehicle or an index that tracks the price of an underlying asset. ETFs can not only track a single asset, but a group of assets and sectors. For example, a Bitcoin ETF tracks Bitcoin’s price. ETF is a tool used by investors to gain exposure to a certain asset.

Yes. The first Bitcoin futures ETF in the US was approved by the US Securities & Exchange Commission in October 2021. A total of seven Bitcoin futures ETFs have been approved, with more than 20 still waiting for the regulator’s permission. The SEC says that the cryptocurrency industry is new and subject to manipulation, which is why it has been delaying crypto-related futures ETFs for the last few years.

Yes. The SEC approved in January 2024 the listing and trading of several Bitcoin spot Exchange-Traded Funds, opening the door to institutional capital and mainstream investors to trade the main crypto currency. The decision was hailed by the industry as a game changer.

The main advantage of crypto ETFs is the possibility of gaining exposure to a cryptocurrency without ownership, reducing the risk and cost of holding the asset. Other pros are a lower learning curve and higher security for investors since ETFs take charge of securing the underlying asset holdings. As for the main drawbacks, the main one is that as an investor you can’t have direct ownership of the asset, or, as they say in crypto, “not your keys, not your coins.” Other disadvantages are higher costs associated with holding crypto since ETFs charge fees for active management. Finally, even though investing in ETFs reduces the risk of holding an asset, price swings in the underlying cryptocurrency are likely to be reflected in the investment vehicle too.

Intesa Sanpaolo, Italy’s largest banking group, has significantly changed the composition of its crypto exchange-traded fund (ETF) holdings, according to its latest mandatory disclosure to US regulators.

Sharp reduction in Bitcoin ETF exposureAccording to the Form 13F filed with the US Securities and Exchange Commission (SEC) on July 31, the bank’s common shareholding in the iShares Bitcoin Trust fund fell dramatically between March and June. The reported position decreased from 646,809 shares on March 31 to 40,723 by June 30, marking an approximate 94% reduction.

Intesa Sanpaolo also reduced its exposure through call options. The underlying share count tied to these positions fell steeply, from 2,496,500 to 18,000, which reflects a drop of over 99%. Additionally, the June filing introduced a new put option tied to 500,000 underlying shares, a position that did not appear in earlier disclosures.

Asset/PositionMarch 31 HoldingsJune 30 HoldingsChange (%)iShares Bitcoin Trust (Common Shares)646,80940,723-93.7%iShares Bitcoin Trust (Call Options)2,496,50018,000-99.3%iShares Bitcoin Trust (Put Options)0500,000New PositionThe Form 13F report, a quarterly filing required by institutional investment managers with at least $100 million in assets under management, only reveals positions held as of the end of the reporting period. It does not specify strike prices, expiry dates, or whether options were sold short, leaving the bank’s precise strategy and risk exposure open to interpretation.

Intesa Sanpaolo is Italy’s leading financial institution, with operations spanning commercial banking, asset management, and insurance in Europe and beyond.

Ethereum positions surge as Solana holdings all but disappearWhile reducing its Bitcoin ETF exposure, Intesa Sanpaolo increased its stake in the iShares Staked Ethereum Trust fund. The bank tripled its holding, from 116,200 shares on March 31 to 349,600 shares at the end of June.

Meanwhile, its investment in the Bitwise Solana Staking ETF was almost entirely eliminated, dropping from 2,817 shares to just seven between quarters. Holdings of the Grayscale XRP Trust ETF remained steady at 712,319 shares, showing little to no movement after accounting for possible trading activity that left the quarter-end balance unchanged.

ETFMarch 31 SharesJune 30 SharesChangeiShares Staked Ethereum Trust116,200349,600+201%Bitwise Solana Staking ETF2,8177-99.8%Grayscale XRP Trust ETF712,319712,3190% Intesa Sanpaolo reported a sharp reduction in both its Bitcoin ETF and call option positions, while increasing its staked Ethereum fund exposure more than threefold. The bank’s Solana holdings nearly vanished, with XRP balances remaining unaltered over the quarter.

Form 13F filings reveal only a snapshot at the end of each quarter, presenting limited insight into daily trading or rationale behind trades. The filings do not capture written or short option strategies and lack detail concerning strike prices or expiration dates.

Due to these disclosure gaps, outside observers cannot definitively calculate the bank’s net exposure to any crypto asset based only on publicly available records.

Nevertheless, the data show Intesa Sanpaolo’s declared crypto investments now favor staked Ethereum over Bitcoin, with dramatically reduced exposure to Solana and steady XRP holdings.

Mini dictionary: Form 13F, a quarterly report that US institutional investment managers managing at least $100 million in certain securities must file with the SEC, disclosing their equity holdings as of the quarter’s end.

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

XRP Ledger developers and users can now connect to globally distributed public nodes operated by Ankr, expanding network access ahead of the expected xrpld v3.3.0 release.

Summary

Ankr has deployed XRPL nodes across Singapore, New York, Amsterdam and San Francisco. Developers can use free mainnet and testnet JSON-RPC endpoints without operating their own nodes. The rollout comes ahead of five proposed amendments covering privacy, settlement and institutional access. XRP traded near $1.08, with no immediate price reaction to the infrastructure announcement. Ankr brings global public nodes to XRP Ledger The XRP Ledger Foundation announced the infrastructure partnership with Ankr, saying the rollout would improve public access for developers and users.

“We’re expanding public infrastructure access to the XRP Ledger for developers and users with Ankr. Globally distributed XRPL nodes from New York to Singapore to give you the best connectivity,” the foundation said in an X post.

We're expanding public infrastructure access to the XRP Ledger for developers and users with @ankr.

Globally distributed XRPL nodes from New York to Singapore to give you the best connectivity. pic.twitter.com/2SrDzm3QaW

— XRP Ledger Foundation (@XRPLF) August 3, 2026 The new portal provides free JSON-RPC endpoints for the XRP Ledger mainnet and testnet. Developers can use these endpoints to interact with the network without installing, maintaining or monitoring their own xrpld infrastructure.

A Quickstart section also includes ready-to-use cURL and JavaScript examples. The portal displays network health, ledger height, median latency, global coverage, request volume and average requests per second in real time.

Active nodes are currently located in Singapore, New York, Amsterdam and San Francisco. Ankr’s system automatically routes traffic to the most suitable node, which could reduce latency and provide backup connectivity if one location becomes unavailable.

XRPL validator Vet said full-history access would be introduced later. The existing service focuses on current network access rather than offering a complete record of all historical ledger data.

Why expanded XRPL access matters Public RPC infrastructure lowers the technical barrier for wallets, exchanges and application developers building on XRP Ledger. Running an independent node requires hardware, storage, maintenance and continuous monitoring, while shared endpoints offer faster access for testing and early product development.

The US locations are particularly relevant to American developers. Nodes in New York and San Francisco can shorten the connection path for applications serving US users, although businesses handling financial activity must still assess security, compliance and reliance on third-party infrastructure.

Public endpoints do not replace independently operated nodes for organizations requiring direct control over data availability. Heavy dependence on a small number of infrastructure providers can also create service concentration risks.

The rollout follows the July 29 activation of fixCleanup3_2_0. XRPScan data showed that 30 of 35 participating trusted validators supported the amendment, giving it 85.71% backing.

That activation made xrpld 3.2.0 the minimum version compatible with the amended mainnet rules. Nodes using version 3.1.0 or earlier became amendment-blocked.

XRP Ledger prepares five v3.3.0 amendments RippleX head of product Jazzi Cooper said developers were preparing five proposed amendments for xrpld v3.3.0. Releasing the software will not activate those changes automatically.

“XRPL has already proven it can support tokenized assets at scale. Now it’s time to put these assets to use: global transfers, trading, collateralizing, and settling.”

The proposals include Confidential MPT, which would add privacy features for Multi-Purpose Tokens using zero-knowledge proofs. Batch would support atomic settlement and delivery-versus-payment transactions.

Permission Delegation would let institutions grant limited transaction authority without surrendering control of their signing keys. Sponsored Fees and Reserves would allow issuers or platforms to cover network costs for users, while Dynamic MPT would permit selected token properties to be changed after issuance.

Each amendment must complete XRPL’s validator-governed approval process. Changes affecting transaction processing generally require at least 80% support from trusted validators for two consecutive weeks.

XRP holds near $1.08 before upgrade XRP (XRP) showed little immediate response to the Ankr announcement. The token traded near $1.08, remaining almost flat over 24 hours and down about 0.8% over seven days, according to CoinGecko.

Trading volume rose by roughly 46% from the previous day to about $1.03 billion. The muted price action suggests traders have not yet treated the node rollout as a direct market catalyst.

Attention will now turn to the v3.3.0 software release and subsequent validator voting. None of the five amendments will become active unless it secures the required level and duration of support.

The XRP Ledger Foundation (@XRPLF) has partnered with @ankr to deploy a network of globally distributed public nodes on the XRP Ledger ($XRP), spanning locations from New York to Singapore. The rollout gives developers free JSON-RPC access to both the XRPL mainnet and testnet without needing to run or maintain their own infrastructure.

Lowering the Barrier for Developers Running an independent node requires hardware, storage, maintenance, and continuous monitoring. Shared public endpoints remove that overhead, making it faster and cheaper for wallets, exchanges, and application developers to build and test on the network. The partnership comes just days before the anticipated xrpld v3.3.0 mainnet upgrade, marking a deliberate effort to expand the developer base ahead of a significant protocol release.

Five Amendments Target Institutional Use in v3.3.0 RippleX Head of Product Jazzi Cooper outlined five proposed amendments set to accompany the v3.3.0 software release. The headline feature, Confidential MPT, would bring native privacy to Multi-Purpose Tokens using elliptic-curve encryption and zero-knowledge proofs, concealing token balances and transfer amounts while still allowing access for designated auditors or regulators. Cooper has argued that privacy is often a prerequisite for financial institutions considering public blockchain infrastructure.

A second amendment, Batch, would allow up to eight transactions across multiple accounts to settle atomically, either all succeeding or all failing together. That design directly supports delivery-versus-payment and other institutional settlement workflows. A third proposal, Permission Delegation, would let institutions grant narrowly scoped transaction authority without surrendering control of their primary signing keys.

Shipping the v3.3.0 software will not automatically activate any of these changes. Each amendment requires sustained support from at least 80% of trusted validators over two consecutive weeks before it can take effect. Notably, both Batch and Permission Delegation previously failed validator voting after separate security issues were identified. Both have since been patched and resubmitted under new amendment IDs, though validators may apply additional scrutiny during the upcoming approval process.

$XRP showed little immediate price reaction to the Ankr announcement, trading near $1.08 with volume up roughly 46% on the day, according to crypto.news. Market attention will likely shift to validator signaling once the v3.3.0 release is live.

Sources:
crypto.news: XRP Ledger adds Ankr nodes ahead of v3.3.0
crypto.news: XRP Ledger v3.3.0 brings five institutional features
Crypto Briefing: XRP Ledger 3.3.0 to launch next week with five amendments

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XRP is testing a six-year support zone that has previously come right before major upside moves, according to the analyst.

Crypto analyst ChartNerd said on August 3 that XRP’s prolonged weakness could be setting the stage for a major market repricing.

With the token testing long-term support near $1.06 after months of negative sentiment, the market watcher argued that the current decline is part of a wider crypto correction rather than a sign of weakness in Ripple’s fundamentals.

Watching for Larger Moves as XRP Tests Support ChartNerd wrote that being a macro XRP bull during the current downturn has been difficult, especially as altcoins have underperformed Bitcoin (BTC) for much of the cycle.

He stressed that nothing is inherently wrong with the asset and described the current period as a normal correction within a larger trend.

‘The next few months are setting the stage for the next market repricing. Maybe the biggest yet,” he stated.

His focus is on XRP’s technical structure, with the token again testing the $1.06 support area after failing to break above its daily 20 EMA near $1.08. The 50 EMA near $1.12 is another resistance level, as is $1.16 if buyers regain control.

According to ChartNerd, XRP’s current price action is taking place inside a falling wedge pattern while approaching a six-year support zone that in the past came right before a big upward movement. However, the analyst also warned that a move below the $1 support would not be unexpected, considering the prevailing market structure, but painted it as a “golden ticket” entry point.

“The lower it goes, the better the long-term opportunity becomes,” he said. “It’s all about perspective.”

Analyst EGRAG CRYPTO had earlier identified the $1.05 area as a “battlefield” for the asset, with a successful defense potentially taking it back toward $1.10 and higher, while a breakdown below that zone could expose XRP to the $1 region ChartNerd spoke about.

You may also like: XRP Gains Access to Institutional DeFi Lending Through FXRP on Ethereum Four in a Row: Will XRP Buck Its Bearish August Streak? South Korea Arrests Suspects in Fake FXRP Scam That Stole $8.6M in XRP Long-Term Thesis Facing Short-Term Pressure The #6 biggest cryptocurrency was trading around $1.07 at the time of writing, down 1% in 24 hours and nearly 3% over seven days. It has also lost about 24% of its value in the past three months, keeping it more than 70% below its July 2025 all-time high near $3.65.

And that weakness is present despite developments around the Ripple ecosystem, including an announcement by the blockchain payments firm that it has invested in Zilo and Licuido, two companies focusing on tokenized funds and institutional asset infrastructure.

Institutional interest has also been positive, with spot XRP ETFs recording $27 million in net inflows in July, although that figure was markedly lower than June’s $60 million and May’s $132 million, highlighting XRP’s struggle to hold higher levels after its mid-July rally.

Tags:

The 80-Day XRP Price Downtrend Meets a Wall of Korean Bids

Ripple Backs 2 UK Firms to Grow XRPL: What Does XRP Actually Get?

Altcoins

3 August 2026 | 18:12 XRP held above $1.05 on August 3 while large transfers dominated exchange outflow activity.

Trading near $1.08, price remained confined below the 100-day SMA at $1.10 and the former rising trendline lost in late July.

XRP Remains Capped Below $1.11 The first resistance sits at the declining 100-day SMA near $1.10. The broken rising trendline crosses slightly higher around $1.11, creating a compact resistance area rather than two isolated levels.

XRP daily price chart – Source: TradingView A daily close above that zone would bring the horizontal barrier near $1.15 back into view. The 200-day SMA remains considerably higher at approximately $1.21 and is not an immediate test while XRP trades below $1.11.

Support remains near $1.05. A daily close beneath it would expose the wider floor around $1:

Immediate support: $1.05 Resistance zone: $1.1024–$1.11 Higher horizontal barrier: Approximately $1.15 Lower support: Near $1 Daily RSI stood near 47, close to its signal line and below the neutral 50 level. Momentum remains weak, which fits the lack of a sustained move away from the current range.

Large Transfers Dominated Exchange Outflows CryptoQuant’s transaction-size data shows that high-value transfers accounted for most of the daily XRP outflow value on both Binance and Coinbase, although different groups led each platform.

Coinbase XRP daily outflow by value share. On Binance, transfers above one million XRP represented 55.3% of daily outflow value. On Coinbase, the same category accounted for only 15%, while transfers between 100,000 and one million XRP made up 55.8%.

Combined, transfers above 100,000 XRP represented:

79.8% of Binance outflow value. 70.8% of Coinbase outflow value. Binance activity was concentrated in the largest transaction group, while Coinbase was led by the tier immediately below it. The difference suggests that the mix of large transactions varied between the two exchanges rather than reflecting one uniform pattern across the market.

Binance XRP daily outflow by value share. The Data Does Not Show Where the XRP Went The CryptoQuant figures show which transaction sizes accounted for the largest share of daily XRP outflow value, but they do not reveal whether total exchange balances actually fell. They also cannot identify the owners, destinations or purpose of the transfers.

Large withdrawals could reflect investors moving XRP into self-custody, institutions shifting assets between custodians or exchanges reorganizing internal wallets. Only the first case would clearly reduce immediately available supply and potentially ease short-term selling pressure.

If similar large-holder withdrawals continue alongside falling exchange balances, the effect could become more meaningful over time by tightening the amount of XRP available for sale. That would give price stronger support during future demand increases, but the current data alone is not enough to confirm such a trend.

For now, the figures show active large transactions rather than proven accumulation. XRP is still holding above $1.05, but buyers need to clear the $1.10–$1.11 resistance area before the short-term structure improves.

Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Moving averages, technical levels and exchange outflow metrics do not guarantee future price performance. Methodology: Price levels, moving averages, RSI and trendlines come from the XRP/USD daily Coinbase chart dated August 3, 2026. Exchange activity uses CryptoQuant’s Binance and Coinbase Daily Outflow by Value Share data. The CryptoQuant price series was not used in the technical analysis. Outflow-share figures describe transaction-size composition and do not measure absolute outflow volume, net flows, ownership or final destination. Author

Alex is Editor-in-Chief of Coindoo and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.

A post shared by Lord Belgrave, who previously worked as a City of London banker, has attracted significant attention from the cryptocurrency community. The image featured two swans—one white and one black—both depicted as bleeding, symbolizing financial stress across predictable and unexpected market events.

White and Black Swans: Market SignalsWithin financial terminology, a white swan represents a foreseeable market event, while a black swan refers to a rare, unpredictable occurrence. The appearance of both swans together as injured suggests mounting concerns in traditional markets. This symbolism has resonated with industry observers monitoring the level of market risk worldwide.

Lord Belgrave is recognized for his commentary on macroeconomic trends. His post was interpreted as a metaphor for concurrent threats facing legacy financial infrastructure.

EGRAG CRYPTO, a well-known XRP analyst with a large online audience, responded directly to the post by highlighting XRP’s potential role in the future of finance.

EGRAG CRYPTO asserted that $XRP will “rise from the ashes,” referencing how initial skepticism around the asset has shifted to wider recognition. The analyst predicted that in time, “RippleIT” could become a common phrase for sending money, much like “Google it” became synonymous with internet searches.

EGRAG CRYPTO’s Outlook on XRP and RippleEGRAG CRYPTO’s response drew a parallel between the adoption trajectories of technology giants and Ripple, the company overseeing the cryptocurrency XRP. The analyst claimed that just as Google’s platform became indispensable in daily life, Ripple and its digital asset could achieve similar integration within global payments systems.

Ripple is a San Francisco-based technology company specializing in real-time payments and cross-border financial transactions. XRP is the native digital asset of the XRP Ledger, built to facilitate fast and low-cost global money movement.

Mini dictionary: Lord Belgrave is a pseudonymous commentator in the finance sector, often cited for his insights into economic cycles and market psychology.

The analyst reframed the image of financial strain in traditional markets as an opportunity for cryptocurrency innovation. EGRAG CRYPTO argued that such stress underscores the need for alternative financial infrastructure, positioning XRP to play a central role in the evolution of monetary systems.

XRP Positioned for Global InfrastructureRather than focusing on XRP price speculation, EGRAG CRYPTO emphasized the asset’s utility. According to the analyst, Ripple and XRP’s technology are designed to replace conventional methods of sending money across borders, making transactions cheaper and faster for both institutions and consumers.

EGRAG CRYPTO wrote that “the future of money will not be mailed, wired, or delayed; it will be Rippled,” emphasizing the expectation of seamless, instant transfers.

Ripple has built partnerships with banks and payment providers globally, aiming to secure its infrastructure as the backbone for cross-border payments. The company’s ongoing business development efforts continue to reinforce analyst confidence in XRP’s long-term adoption.

Traditional TransfersXRP/Ripple TransfersMulti-day processingNear-instant processingHigher feesLow feesDependent on intermediariesDirect settlementLong-Term Conviction in XRPEGRAG CRYPTO has expressed continued optimism about XRP through several market cycles, maintaining this view even during periods of heightened volatility. The analyst presented the latest developments as further evidence that XRP was designed to address the kinds of instability now apparent in legacy finance, rather than being affected by them.

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.