Track market-moving stories before they get noisy

XRP is approaching a significant technical juncture as its price hovers at $1.08, forming a narrowing wedge pattern that signals a potential breakout. Market activity has slowed considerably in recent sessions, with the cryptocurrency oscillating between established support and resistance levels.

Technical setup highlights key resistance and supportTechnical analyst ChartNerd reported that XRP has once again tested the crucial $1.06 support level, following a failed attempt to move above the daily 20-day Exponential Moving Average (EMA) at $1.08. The 20-day EMA, which is close to the 50-day EMA, acts as a strong resistance area that bulls have not managed to surpass.

ChartNerd emphasized the pivotal nature of the $1.06 support, suggesting that repeated defenses of this level underline its market relevance. However, he cautioned that a fall below the so-called “blue box” region could prompt an increase in selling pressure, potentially sending XRP toward the $1.00 psychological threshold.

CoinCodex currently records XRP trading at $1.08, placing the asset at the focal point of heightened trading activity, as buyers and sellers contest control near these critical technical barriers.

Price LevelTechnical Significance$1.08Resistance, 20 EMA alignment$1.06Major support$1.00Psychological level, next support if $1.06 breaksAnalysts assess breakout prospects as wedge narrowsSome analysts maintain that the wedge is approaching its final phase, potentially setting the stage for a substantial move in either direction. Crypto analyst Bird pointed out that XRP’s price is now compressed within this formation, raising the likelihood of a breakout as the pattern nears its apex.

XRP is getting squeezed tight inside this wedge, and the awaited breakout could arrive this week as the pattern reaches its peak, Bird observed.

Historically, wedge formations can lead to sharp price shifts after the period of consolidation concludes. The next decisive move, according to various market watchers, will depend on whether XRP can reclaim the $1.08 to $1.10 resistance band or whether it fails to hold above the $1.06 support line.

Fundamentals support institutional adoptionBeyond chart patterns, interest in XRP has been bolstered by broader developments. Google Search recently ranked XRP as the top result for the phrase “world bridge currency,” leading to renewed attention on its potential role in global payments.

Analysts like EGRAG point to additional drivers for optimism, highlighting increased institutional participation, positive sentiment around possible exchange-traded fund (ETF) launches, significant XRP withdrawals from Binance, and ongoing expansions within the XRP ecosystem.

Recent on-chain data shows XRP leading major tokens in terms of average transaction size, indicating active involvement from larger holders. Evernorth, a corporate treasury services firm, has also extended its XRP treasury strategy, underscoring growing institutional interest in the asset.

Mini dictionary: Evernorth is a corporate treasury management company specializing in digital asset strategies for institutional investors and enterprises.

Volatility expected as decision point approachesAccording to multiple analysts, focus now returns to whether XRP can break above resistance or risk dropping further. The technical wedge pattern is set to resolve soon, with rising volatility likely as the market tests both the $1.08 resistance and $1.06 support.

Market watchers agree that the direction of XRP’s next move will be determined at these levels, where a breakout could trigger sharp swings in either direction.

For now, the cryptocurrency remains at a tipping point as both technical and fundamental factors converge. Market participants are closely monitoring the charts in anticipation of an imminent high-volatility 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.

The XRP Ledger Foundation (XLRP) has extended public node access to the XRP Ledger (XRPL) with a new partnership with Ankr. Under the deal, Ankr will provide a network of public nodes on XRPL across the globe. The release comes just days before the expected xrpld v3.3.0 mainnet upgrade.

A Look At XRP Ledger & Ankr’s Partnership The new infrastructure aims to facilitate the interaction between developers and users with XRP Ledger, while eliminating the need to run their own nodes and enhancing the network’s reach.

The XRP Ledger Foundation stated in a post on X “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.”

XRPL dUNL validator Vet also commented on the rollout. He wrote, “Adding more public XRP Ledger infrastructure for developers and users, without having them run their own nodes.” He mentioned that Ankr has launched a node RPC network with nodes distributed all over the world and a monitoring website for the XRPL network. “Full history access will be available at a later time,” he said.

The interface in the newly launched portal offers XRP Ledger mainnet and testnet free JSON-RPC endpoints. In addition, there is a real-time overview view of network health, block height, median latency, global reach, request volume and average requests per second.

There is a Quickstart section to give developers ready-to-use examples in cURL and JavaScript. In addition, it features a panel that lists all active nodes in Singapore, New York, Amsterdam and San Francisco, with traffic automatically rerouted to the most appropriate node.

Adding more public $XRP Ledger infrastructure for developers and users, without having them run their own nodes.@ankr has setup a globally distributed XRPL node RPC infra for this purpose and a website for monitoring and data – https://t.co/ZTySuoekEg

Full history access will… https://t.co/eBtf1FTvqg pic.twitter.com/yOY9NPxmkX

— Vet (@Vet_X0) August 3, 2026

It marks a notable feat for the XRPL network after the fixCleanup3_2_0 amendment went live last week with 85.71% consensus support.

About The Upcoming Version 3.3.0 Upgrade Amid the node infrastructure rollout, RippleX Head of Product Jazzi Cooper will be readying the xrpld v3.3.0 release set for next week, contingent on validator approval. Announcing five proposed amendments, Cooper said, “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.” She added that the release “includes five amendments that move XRPL significantly closer to that goal.”

The proposed amendments on XRP Ledger include the introduction of Confidential MPT, which introduces privacy to the Multi-Purpose Tokens with the application of zero-knowledge proofs. Batch will support atomic settlement and delivery versus payment workflows. Permission Delegation will enable institutions to delegate limited transaction permissions without relinquishing their signing power.

Meanwhile, Sponsored Fees and Reserves will allow banks, issuers and platforms to pay for the transaction fee and account reserves for their users. Dynamic MPT will enable issuers to change certain properties of the selected tokens after issuance. However, Cooper reminded that “these amendments will only activate following validator approval” on XRP Ledger.

In brief Flare's FXRP is now accepted as collateral in Sentora's RLUSD vault on Morpho. XRP holders can borrow Ripple's RLUSD stablecoin on Ethereum without selling their XRP. The integration is the first time an XRP-based asset has been approved as collateral in an institutionally curated Ethereum lending vault. XRP holders can now borrow Ripple's RLUSD stablecoin against their holdings on Ethereum without selling their tokens after Flare's FXRP was approved as collateral in Sentora's RLUSD Main vault.

Announced on Monday by layer 1 blockchain developer Flare, the integration lets users convert XRP into Flare's FXRP token, bridge it to Ethereum, deposit it as collateral on the Morpho lending protocol, and borrow RLUSD. Because the loan is backed by collateral rather than a sale, borrowers retain exposure to XRP's price while accessing dollar-pegged liquidity.

“XRP is one of the largest assets in crypto and one of the least used in DeFi. That gap came down to infrastructure,” co-founder and CEO of Flare, Hugo Philion, said in a statement. “XRP is now collateral that an institutional risk team underwrites on Ethereum mainnet, which is a stronger form of recognition than another bridge listing.”

The model is similar to Wrapped Bitcoin (WBTC), which lets Bitcoin holders use their BTC in Ethereum-based decentralized finance without selling it. FXRP is designed to do the same for XRP, giving holders access to Ethereum lending markets.

The lending market runs on Morpho Blue, which uses isolated lending markets designed to contain risk if problems arise with a specific asset. Sentora said it reviewed FXRP's market behavior, oracle design, liquidity, and liquidation mechanics before approving it as collateral.

The launch builds on Ripple's effort to establish RLUSD as an enterprise-focused stablecoin. In August 2024, Ripple began testing RLUSD on Ethereum and the XRP Ledger for cross-border payments. In December 2024, the company received approval from the New York Department of Financial Services ahead of the stablecoin's launch. Last month, Mastercard said it will support settlement of regulated stablecoins including RLUSD, Circle's USDC, and SoFi's SoFiUSD.

“[Sentora] just took a major step to make XRP useful onchain,” Co-Founder, CTO-CPO of Sentora, Jesus Rodriguez wrote on X. “XRP is one of crypto’s largest and most liquid assets. Yet it remains surprisingly underused in onchain credit. That changes today.”

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Michael Saylor: I have never sold any Bitcoin. MicroStrategy's BTC trading is part of the company's capital management activities.

Strategy founder Michael Saylor posted a statement clarifying that his earlier "Never Sell Your Bitcoin" stance was shared with other Bitcoin holders in his capacity as an individual investor. Saylor said he has never sold any Bitcoin, "not even a single satoshi". He emphasized that Strategy is a public company, not a personal wallet, and has publicly disclosed since 2020 that it may buy or sell BTC for capital management purposes. Saylor noted that Strategy and its investors’ long-term conviction in Bitcoin remains unchanged, adding that the company’s related operations are part of its corporate financial strategy, while his personal stance on holding Bitcoin stays consistent. Previously, the market had been monitoring whether Strategy would adjust its Bitcoin holding strategy; Saylor’s latest remarks aim to clearly distinguish between personal Bitcoin holding behavior and public company asset management decisions.

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Head of Amazon Cloud Business: AI Business Has Enormous Potential Scale

Amazon (AMZN.O)’s cloud unit head said clients are shifting from using its services to train AI models to integrating these models into their own business processes, a trend driving surging demand for inference computing. Matt Garman, CEO of Amazon’s Cloud Computing Division, said on Monday: “We still see some companies using large training clusters, but as these models grow more popular and powerful, more firms are integrating this inference capability into their own workloads.” He noted that the potential of the AI business is “extremely huge,” adding that the company will continue to increase capital expenditure to meet growing demand. As the world’s largest provider of computing power and data rental services, Amazon said last week it projects capital expenditure will reach $220 billion in 2026, up from its prior forecast of $200 billion. The spending hike reflects rising prices of storage chips and other components required for data centers.

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The US military stated that it will continue its maritime blockade of Iran, and has altered the routes of 44 merchant ships.

US Central Command stated local time on August 3 that the U.S. military remains strictly enforcing the maritime blockade against Iran. As of that day, the U.S. military has altered the routes of 44 commercial vessels, disabled two vessels, and boarded and inspected two others.

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US officials said there are currently no plans to hold new negotiations with Iran.

According to U.S. network CBS, citing a U.S. official, despite Trump’s earlier announcement that negotiations with Iran would begin Monday afternoon (local time), no new talks are currently scheduled. Instead, ongoing discussions are underway between U.S. Middle East envoy Witkoff, Kushner, and the U.S. negotiating team and Iran via intermediaries.

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The Nasdaq’s gains expanded to 2%, with Google surging over 5% and Tesla rising 3.8%.

According to market data from Bit (Bit.com), the Nasdaq’s gain widened to 2%, the S&P 500 rose 1.3%, and the Dow rose 1%. Oracle (ORCL.N) climbed 7.3%, Google (GOOG.O) gained over 5%, Amazon (AMZN.O) and Microsoft (MSFT.O) rose over 4%, Tesla (TSLA.O) increased 3.8%, and Nvidia (NVDA.O) gained 3.2%.

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Jensen Huang: AI infrastructure investment will create a large number of six-figure-paying technical positions.

NVIDIA CEO Jensen Huang said the wave of AI infrastructure development will not only drive growth in the software sector, but also create numerous high-paying technical jobs that do not require a college degree. Speaking in a conversation with BlackRock CEO Larry Fink at the World Economic Forum in Davos, Huang noted that the world is undertaking "the largest infrastructure build in human history," with large-scale construction of AI data centers, semiconductor factories, and AI facilities set to generate massive employment opportunities. He pointed out that future high-paying roles will not only include software engineers and computer scientists, but also electricians, plumbers, steelworkers, and data center construction and maintenance personnel. "You don’t need a computer science PhD to earn a good income," he said. Global tech firms are projected to invest around $7 trillion in AI infrastructure by the end of this decade. As data centers and semiconductor facilities expand rapidly, demand for skilled industrial workers is rising steadily. McKinsey data shows that between 2023 and 2030, the U.S. will need an additional roughly 130,000 trained electricians, 240,000 construction workers, and 150,000 construction supervisors to meet infrastructure build requirements. Meanwhile, the impact of AI on traditional white-collar job markets has drawn attention. Ford CEO Jim Farley noted that AI is reducing demand for entry-level roles at tech companies, but the U.S. manufacturing and construction sectors still face severe labor shortages. Farley added that the U.S. is currently grappling with a major shortage of factory and construction workers, and future AI-driven reshoring of manufacturing and infrastructure investments will require more skilled industrial talent. BlackRock CEO Larry Fink has previously emphasized that skilled technical workers like electricians are critical for building and operating large AI data centers.

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Cryptocurrency analyst Bird has pointed to noteworthy technical activity in $XRP, highlighting a pattern identified by experienced trader and Xrpl validator SugarSniper. SugarSniper, with more than 25 years of trading experience, described XRP’s latest price correction as one of the most structured he has observed in his career. The assessment comes as XRP continues to trade within a sustained descending channel, drawing attention from traders monitoring both technical signals and regulatory developments.

Bird asked his X followers to examine XRP’s price charts, referencing a recurring timing pattern and urging close observation of both short-term movements and historical trends. According to Bird, past positive reactions in XRP have emerged after time intervals of 52 or 53 weeks, with the current cycle now entering its 55th week.

SugarSniper, sharing his analysis via chart, described the recent market move as, “one of the greatest ‘controlled’ corrections I have ever witnessed in my 25 years of trading. It is really amazing to behold. $XRP.” He suggested that the pullback is notably disciplined within its established structure, rather than being the result of chaotic or disorderly trading.

During his analysis, SugarSniper wrote, “This has to be one of the greatest ‘controlled’ corrections I have ever witnessed in my 25 years of trading. It is really amazing to behold. $XRP.”

The weekly chart for XRP displays the token trading within a well-defined downward channel, marked by multiple horizontal support and resistance levels. These marks represent price areas that traders may follow for potential market reactions. SugarSniper’s remarks highlighted the technical importance of maintaining this structure, with several market watchers debating whether the orderly pullback could eventually precede an upside movement.

Analyst Bird argued that XRP traders should not only track chart patterns but should also be aware of timing cycles that appear to repeat throughout the asset’s history. He acknowledged that while there are no certainties in markets, these cycles, when aligned with shifts in regulation or broader sentiment, merit greater scrutiny.

Market cycles and anticipation around the Clarity ActBird also drew attention to a possible link between the emerging 55-week cycle and upcoming regulatory moments, with particular reference to the Clarity Act. The cryptocurrency community is watching the next week for potential progress on the legislation, which could significantly affect sentiment and market movement for XRP.

Market participants and technical analysts have contributed additional context to the discussion. User WoeWoeWoethere observed that XRP has historically declined by an average of 14% during US midterm election years and questioned if this cycle would depart from that pattern. Meanwhile, technical analyst ChartNerd maintained a cautious stance, suggesting XRP might revisit the lower boundary of its descending channel regardless of regulatory catalysts.

Commenter A Reluctant Disciple took a broader view, emphasizing long-term market drivers such as advances in technology, growing liquidity, and increased institutional adoption. He noted that a constructive outlook may hold if these factors, as well as timing, technical patterns, and new regulation, continue converging.

Mini dictionary: Clarity Act, a legislative proposal in the United States intended to provide regulatory clarity for digital assets and cryptocurrencies, which could impact both projects and investors by defining the legal status of specific tokens.

Community perspectives and technical outlookWithin the wider discussion, several community members stressed the importance of tracking both technical and fundamental factors. The overlap between historical timing cycles, disciplined chart patterns, and anticipated developments within US policy has led many to watch closely for any signals that could shape XRP’s next directional move.

Bird emphasized, “No guarantees. But when time, structure, and narrative start aligning like this… we should pay attention.” His view was echoed throughout the thread by traders balancing caution and optimism as the market enters a potentially significant period for XRP.

CycleObserved Positive Reaction TimingPrevious 152 weeksPrevious 253 weeksCurrentEntering week 55 Bird indicated, “These marked positive XRP reactions have occurred after almost the exact same time cycle: 52 weeks. 53 weeks. Now we’re entering week 55.”

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 company has made two new strategic investments, aiming to bring regulated fund issuance, settlement, and collateral mobility onto the XRP Ledger.

Ripple has expanded its digital capital markets strategy. The company announced today investments in Zilo and Lucuido – two firms that are focused on developing infrastructure for tokenized funds and institutional asset trading.

The move builds on existing partnerships with both firms. Ripple did not disclose the size of either investment.

Speaking on the matter was Nigel Khakoo, SVP, Trading and Markets at Ripple, who said:

“… ZILO and Licuido provide core capabilities that are essential to further scaling this shift: regulated digital transfer agency infrastructure and liquidity for issuance and collateral mobility. This is just the beginning of the journey, and we see a substantial opportunity to bring huge efficiencies to the investment sector over the next decade.”

ZILO provides transfer agency and fund administration technology. Its systems give asset managers and custodians regulated digital records for tokenized share classes. Licuido, on the other hand, operates an FCA-regulated platform that supports the issuance, distribution, trading, and use of traditional assets as digital collateral.

Ripple plans to integrate these capabilities with its infrastructure on the XRP Ledger. The company wants institutions to issue tokenized assets, hold them in custody, move them between investors, and use them as collateral without relying on legacy systems.

Naturally, RLUSD will serve as the regulated cash component for delivery-versus-payment transactions. This structure is designed to allow the asset and payment sides of a trade to settle together on XRPL.

The investments also support Ripple’s recent push to build a broader institutional platform around tokenization, payments, stablecoins, and trading. Last month, the firm launched Ripple Mint and made an investment in compliance provider Notabene. This strengthens the infrastructure that’s available to institutions using RLUSD.

You may also like: July’s Biggest Ripple (XRP) Stories: RLUSD Expansion, AI, and Institutional Adoption Ripple (XRP) News and Price Update: July 27 Do People Interested in XRP Actually Care About Ripple? It’s also noteworthy that the company has worked with Aviva Investors, Franklin Templeton, and DBS on tokenized fund and collateral projects. Ripple said that ZILO and Licuido will help turn those individual partnerships into infrastructure that asset managers can use at scale.

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Ripple announced strategic investments in ZILO and Licuido on Aug. 3, adding two United Kingdom based firms to its digital capital markets strategy on the XRP Ledger. 

Summary

Ripple invested in ZILO and Licuido to expand tokenized fund infrastructure on the XRP Ledger. ZILO launched an integrated platform combining traditional transfer agency with digitally native asset issuance capabilities. Licuido will use Ripple’s backing to scale issuance, trading and collateral mobility through XRPL infrastructure. RLUSD will serve as the cash leg for delivery versus payment settlements involving tokenized funds. Ripple disclosed no investment amounts, leaving financial terms and resulting ownership stakes unknown to investors. The company said the deals will add transfer agency, token issuance, trading and collateral mobility tools to its institutional infrastructure.

Ripple did not disclose either investment amount, the ownership stakes received or financial targets for the partnerships. Both companies separately confirmed the funding. ZILO also launched an integrated digital assets and transfer agency platform on Monday, while Licuido said Ripple’s backing would help scale its infrastructure on XRPL.

Ripple investments fill two gaps in tokenized funds ZILO supplies transfer agency and fund administration technology. Its new platform lets institutions manage conventional fund units and tokenized share classes within one operating system. The company says it can support issuance, settlement, reconciliation, payments, corporate actions and regulatory reporting without requiring a separate technology stack for digital assets.

Deepening our push into capital markets, we are investing in ZILO and Licuido to add regulated transfer agency, issuance and collateral mobility to our capital markets infrastructure built on the XRPL. This comes on the heels of Aviva Investors tokenising its US Dollar Liquidity…

— Ripple (@Ripple) August 3, 2026 Licuido covers another part of the process. Its platform handles token issuance, distribution and secondary trading, with tokenized fund units designed for use as collateral. Its regulatory position needs careful wording. Licuido Markets Limited is an appointed representative of Sapeno Partners LLP, which the Financial Conduct Authority authorizes and regulates.

The FCA explains that a principal firm sets an appointed representative’s permitted activities and remains responsible for that business. Licuido is therefore not presented on its website as a directly authorized FCA firm.

ZILO said its configuration tools translate fund rules, share classes and jurisdictional requirements into onchain logic. It also records legal ownership as assets move, a function that transfer agents normally perform within conventional fund systems. Licuido says its legal structure links each token to one for one fund ownership, although that claim will depend on the documents and regulatory treatment applied to each product.

RLUSD will settle the cash side of fund trades Ripple plans to use RLUSD as the cash leg for delivery versus payment transactions. In that model, the tokenized asset and payment settle together on XRPL rather than moving through separate systems at different times. Ripple says tokenized funds could then become collateral from issuance onward.

Ripple reports that XRPL has processed more than four billion transactions since 2012, supports more than seven million active wallets and is maintained by 120 independent validators. These figures describe general ledger activity rather than institutional tokenized fund usage.

The companies have not published transaction volumes, named new clients or shown that the combined system is operating at scale. Ripple executive Nigel Khakoo called the investment sector a “substantial opportunity” over the next decade. That statement is a company forecast, not a verified measure of future adoption or savings.

Aviva and DBS show where the stack may be used 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 move brought a partnership announced in February into production. Ripple said ZILO and Licuido are among the partners supporting issuance, distribution, custody and further uses for Aviva’s tokenized fund structures.

The broader model also resembles Ripple’s work with DBS and Franklin Templeton. In related coverage, crypto.news reported that DBS listed Franklin Templeton’s sgBENJI money market fund token beside RLUSD and planned to explore lending and repurchase transactions using tokenized units as collateral.

Those projects give Ripple existing institutional settings in which ZILO’s records and Licuido’s market tools could be tested. However, Ripple has not confirmed that the two companies will support every Aviva, Franklin Templeton or DBS product.

What happens next for Ripple’s capital markets push The next steps depend on technical integrations and client launches. ZILO said it is providing Ripple with a digital transfer agency solution, but neither company published a deployment date. Licuido also said it would expand its collateral marketplace on XRPL without giving a launch schedule or naming participating asset managers.

Future disclosures will need to show which funds use the combined stack, what regulated activities Licuido performs under its principal firm, and whether RLUSD gains measurable settlement volume. Until then, the investments expand Ripple’s available infrastructure, but they do not establish adoption, revenue or liquidity outcomes.

Ongoing discussions about XRP’s long-term prospects have prompted crypto commentator Jenny to emphasize the coin’s utility as a payment settlement asset over its market capitalization.

Market cap versus settlement utilityJenny, known for her analyses in the digital asset space, argued that XRP’s core value lies in its capacity to move large volumes of liquidity efficiently across financial networks. Instead of using total market value to assess XRP, she encourages a focus on its role in facilitating settlements.

In a recent post on X, she presented a scenario where the price of XRP reaches $100 with a circulating supply of 50 billion tokens. Under these circumstances, the market capitalization would total $5 trillion. She pointed out, however, that this figure would not capture the full economic activity the XRP network could handle.

If every XRP token were involved in 1,000 transactions per day, Jenny estimates the system could support up to $5 quadrillion in daily processing, illustrating that repeated use can far exceed nominal market value.

Jenny maintained that the effectiveness of a digital asset used as infrastructure depends more on transaction velocity and volume than the headline market cap. In her view, the ability to settle payments rapidly and at scale is key.

Comparison with global settlement systemsTo convey her point, Jenny drew a comparison with SWIFT, a global financial messaging platform that processes trillions of dollars in transactions but is not assigned a market capitalization. She suggested that evaluating such infrastructure should center on throughput and usage rather than mere valuation.

SWIFT acts as a key network for international financial transfers, underpinning the movement of funds among banks worldwide.

Mini dictionary: SWIFT is a global network that allows financial institutions to securely transmit information and instructions, playing a central role in international banking transfers.

Jenny further stated that XRP’s functionality is more similar to the infrastructure side of SWIFT, providing settlement pathways rather than acting as a simple store of value.

Prioritizing network activityAccording to Jenny, XRP acts as a bridge currency in a financial environment that is rapidly becoming more tokenized. She highlighted that growth in network utility, high transaction throughput, and rapid liquidity movement are stronger metrics for judging adoption and value than market capitalization alone.

She suggested that if XRP were to process even a small fraction of global derivatives settlement, traditional market cap models would no longer accurately reflect the network’s significance.

Rather than focusing solely on market cap, Jenny believes the true value of XRP will be demonstrated through its settlement volumes and the efficiency it brings to global liquidity flows.

Members of the XRP community responded with mixed perspectives. Community participant Pardeep Singh questioned the practicality of a $5 trillion market cap, suggesting that a price between $6 and $8 would already be considered significant for most investors.

Another member, Keith, acknowledged that while SWIFT only handles messaging and has no market cap, XRP is positioned as a different type of technology—one that could eventually become the foundation of a new, blockchain-based settlement system.

The ongoing debate highlights the challenges in valuing digital payment assets, particularly as blockchain technology continues to disrupt legacy financial infrastructure.

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

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.

After momentarily surpassing one of its strongest usage milestones in recent months, on-chain payment activity on the XRP Ledger has seen a sharp reversal. At the beginning of August, the daily payment volume between accounts surged above one billion XRP, but within a day, it fell by about 90%, demonstrating how erratic network activity still is. 

Does demand exist on the XRP Ledger? On-chain data from XRPL indicates that the volume of payments exceeded one billion XRP on Aug. 1 before falling back to roughly 100 million XRP. Although there are frequent sudden increases and decreases on the XRP Ledger, these kinds of movements typically indicate significant institutional transfers, treasury operations, or exchange-related activity rather than long-term organic demand. 

XRP/USDT Chart by TradingViewThe dramatic decline does not necessarily mean that fewer people are using the network. Rather than marking the start of a new growth trend, it implies that the extraordinary spike was probably caused by a one-time event. On XRPL, isolated spikes in activity that momentarily inflate transaction metrics before swiftly reverting to their long-term averages have become a common occurrence. 

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That uncertainty is mirrored in price action. After failing to maintain a short-term rising trendline that had bolstered the recovery throughout late July, XRP is currently trading at about $1.07. The 50-day EMA is still acting as overhead resistance at $1.10, but the asset also fell below its 26-day exponential moving average. Taken together, these moving averages are forcing prices into a more constrained range.

Big picture raises questionsDespite multiple attempts at recovery over the past month, XRP is still trading far below its 100-day and 200-day moving averages, indicating that the general trend still favors sellers. A neutral picture is also painted by momentum indicators. 

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The Relative Strength Index is close to 44, indicating minimal buying pressure without entering oversold territory. This implies that sellers have not yet gained total control, but it also leaves room for further downside in the event that support fails. The immediate support area is between $1.05 and $1.06. If that region is lost, XRP may experience another shift toward psychological support at $1.00. 

On the plus side, regaining the 50-day EMA would be the first significant technical advancement and might pave the way for a challenge to the 100-day moving average around $1.20. For the time being, the decline in payment volume highlights a recurring theme on the XRP Ledger. 

Large one-time transfers can generate eye-catching headline figures, but they are unlikely to change market sentiment or reverse XRP's broader technical decline unless they result in consistently high network activity.

Leading cryptocurrencies edged higher on Sunday as investors weighed President Donald Trump’s remarks about a potential Iran peace agreement.

Crypto Market ConsolidatesBitcoin wobbled within a range of $62,890 to $63,700, with trading volume surging 19% over the 24-hour period. Ethereum also remained stuck within $1,800, while XRP and Dogecoin traded in the green.

Nearly $150 million was liquidated from the cryptocurrency market in the last 24 hours, predominantly in bearish short positions, according to Coinglass data.

Bitcoin’s open interest rose 0.31% over the last 24 hours. Retail and whale derivatives traders remained net long on BTC, but trimmed their exposure from the day before.

"Fear" sentiment prevailed in the market, according to the Crypto Fear & Greed Index.

Top Gainers (24 Hours) 

The global cryptocurrency market capitalization stood at $2.17 trillion, following an increase of 0.82% over the last 24 hours.

Stock Futures Lift on Peace HopesStock futures climbed overnight on Sunday. The Dow Jones Industrial Average Futures rose 205 points, or 0.39%, as of 8:41 p.m. EDT.  Futures tied to the S&P 500 spiked 0.42%, while Nasdaq 100 Futures rallied 0.65%.

The upsurge came after Trump canceled planned strikes on Iran after being "asked" by Tehran and other Middle East nations to "hold off" to allow a deal to be reached.

BTC’s ‘Strong and Vital Move’ Incoming?Michaël van de Poppe, a widely followed cryptocurrency analyst and trader, noted record-low Bitcoin sentiment and high net negative positioning in the current cycle

He predicted that a sustained breakout above the $67,000-$68,000 resistance would trigger a “strong and vital move” due to liquidations, “accelerating” the move upward.

On-chain analytics firm Santiment also spotlighted Bitcoin’s lowest positive-to-negative commentary on major social platforms, with just 0.58 bullish comments for every 1 bearish comment.

“This panic reading is larger than the peak war fears earlier this year, as well as the other aforementioned events from crypto’s past,” Santiment added.

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Ongoing questions over the delayed progress of the US Clarity Act have not shaken the convictions of Black Swan Capitalist co-founder Vandell, who addressed concerns from investors seeking regulatory certainty in the digital asset sector.

Clarity Act delay and investor outlookVandell used social media to clarify that his long-term investment strategy in digital assets has never relied on the Clarity Act becoming law according to a specific timeline. He instead urged $XRP investors to focus on understanding the bill’s core objectives and to set realistic expectations for how its eventual enactment might influence market dynamics.

He stated that the Clarity Act is intended to establish clearer regulatory guidelines for cryptocurrencies, digital assets, exchanges, and token issuers in the United States. This legislative initiative seeks to address longstanding uncertainty surrounding the classification of digital assets as either securities or commodities.

The resulting uncertainty has historically hindered the broader adoption of digital assets, as institutional investors and corporations often prefer to wait for established legal frameworks before allocating significant capital to emerging technologies.

Vandell has emphasized that while delays are disappointing, the fundamental reasons for the legislation remain unchanged and he expects it will ultimately become law.

Lawmakers recently postponed further discussions on the Clarity Act until after the August Senate recess. Public reports have attributed the delay to disagreements over ethics provisions concerning public officials involved in digital asset markets, while Vandell believes it is mainly a matter of lawmakers requiring additional time for consideration. He continues to anticipate the bill’s eventual approval.

Black Swan Capitalist operates as an investment advisory group focused on the digital asset sector, providing insights on crypto market trends and macroeconomic developments.

Mini dictionary: Clarity Act, proposed US legislation aimed at providing a clear regulatory framework for digital asset classification and oversight, addressing whether cryptocurrencies should be defined as securities or commodities.

Potential market impacts and institutional involvementWhile Vandell remains optimistic about the long-term benefits of the Clarity Act, he has warned investors against assuming that passing the bill will trigger an immediate and sustained bull market. He explained that the long-term market effects of regulatory clarity often differ from the initial reactions seen in the financial markets after such news breaks.

According to his market experience, institutional investors often position themselves before major regulatory announcements. As such, a legislative breakthrough may spark a rapid surge in prices, but could also provide early investors with an opportunity to adjust their positions as liquidity increases.

Vandell highlighted that institutional capital deployment requires significant internal review, compliance procedures, and planning, meaning large investments are unlikely to occur overnight.

He noted that regulatory clarity alone does not address the liquidity requirements necessary for long-term growth. Sustainable expansion, Vandell argued, depends on regulations aligning with favorable macroeconomic policies and improved liquidity conditions.

He expects such an alignment would lay the groundwork for greater institutional involvement in blockchain infrastructure, tokenization projects, stablecoins, digital payments, and cryptocurrencies with real-world utility.

Vandell concluded that, although he anticipates the Clarity Act will eventually become law, its true impact for $XRP investors and the wider sector will develop gradually as regulatory certainty, supportive policies, and broader market participation converge over time.

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.

Japanese financial institutions are demonstrating continued optimism about XRP’s long-term potential, but institutional adoption remains constrained by a self-reinforcing hesitation, according to Meg Nakamura, Chief Operating Officer of Evernorth, a prominent blockchain infrastructure firm. Speaking at the WebX Asia 2026 conference in Tokyo, Nakamura identified what she described as a “chicken-and-egg” dilemma within the Japanese financial sector regarding XRP engagement.

Institutional Reluctance Stalls XRP AdoptionNakamura observed that a growing number of banks and financial companies in Japan recognize blockchain’s utility in finance. However, few are prepared to make significant commitments to XRP, as most prefer to see broader industry participation before investing heavily themselves. This dynamic, she explained, leads to a cycle where firms refrain from becoming early adopters, instead waiting to confirm that major peers have embraced the asset first.

According to Nakamura, this pattern reflects core elements of Japan’s financial culture, which emphasizes regulatory compliance, operational resilience, and long-term risk management over the benefits of first-mover advantage. She noted that institutions prefer to validate new technologies through limited pilot projects and strategic collaborations, rather than launching large-scale deployments at the outset.

“Institutions want proof that their peers have taken significant steps before they move themselves,” Nakamura explained, highlighting the self-reinforcing cycle slowing market-wide adoption.

Institutions are closely monitoring the sector, choosing limited pilots over leading on broad blockchain deployment, as they seek both validation and regulatory clarity.

Shift Toward Tokenization in Japanese FinanceWhile XRP’s potential remains a central focus, Nakamura noted that the industry’s attention has shifted toward tokenization—a process in which real-world assets are recorded and transacted as digital tokens on blockchain networks. In her remarks, she stated that tokenization is increasingly seen as a transformative opportunity for modernizing capital markets, extending blockchain’s relevance beyond digital payments and stablecoin transactions.

Tokenization allows assets such as government bonds, equities, real estate, private credit, commodities, and investment funds to be represented as tradable digital tokens. This approach can streamline settlement processes, reduce operational costs, unlock liquidity, and expand access to previously exclusive investment opportunities.

Mini dictionary: Tokenization is the process of converting ownership rights in real-world or financial assets into digital tokens on a blockchain. This enables fractional ownership, improved settlement, and increased market access for a wide range of assets.

Regulation and Infrastructure Shape OutlookFor Japanese financial firms, Nakamura highlighted that tokenization is not viewed merely as an additional crypto use case, but rather as the next major evolution of capital markets infrastructure. In this context, blockchain platforms such as the XRP Ledger are positioned to facilitate large-scale issuance, transfer, and settlement of tokenized institutional assets.

Regulatory clarity is rapidly shifting from a perceived constraint to a catalyst for financial product development, Nakamura observed. Transparent legal frameworks grant companies greater confidence to build blockchain-based services while remaining compliant with legal standards, significantly easing the adoption process.

Japan currently maintains one of the world’s most advanced regulatory environments for digital assets, which analysts say provides a strong foundation for tokenization initiatives moving forward.

As tokenization gains adoption and legal requirements become more defined, Japan’s initial hesitation on XRP could gradually dissipate, paving the way for broader institutional integration and financial innovation.

Nakamura suggested that as awareness grows and the regulatory environment continues to mature, Japan’s cautious approach to XRP and blockchain adoption could give way to greater participation, signaling a potential shift in the country’s financial 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.

We will also review the weekly performance of the funds, which ended on a high note.

The spot exchange-traded funds tracking Ripple’s cross-border token continue with their impressive performance in times of market uncertainty, and saw only one day of no reportable action in the past week, unlike the previous ones.

July also ended in the green for the funds, meaning that only one out of the nine months they have been active was in the red.

The Good Weekly and Monthly Data from SoSoValue shows that Monday and Wednesday were quite modest in terms of net inflows. On both days, the ETFs attracted just under $600,000. However, the green streak continued and accelerated at the end of the business week, with $6 million in net inflows on Thursday and another $7.7 million on Friday.

Thus, the week ended with $14.86 million in the green, making it the best since the one that ended on July 2, when the funds attracted $17.19 million. On a monthly scale, investors poured in $27.29 million into the spot XRP ETFs.

What’s even better is that the funds have reached another all-time high in terms of cumulative total net inflows, at over $1.5 billion as of Friday’s close. Bitwise’s XRP has extended its lead over Canary Capital’s XRPC, with $511 million in net inflows compared to $467 million for the latter.

The Bad Although July indeed ended in the green, the actual net inflows were not all that impressive. The $27.29 million places July as just the second-worst month, beating only January when investors inserted $15.59 million into the funds.

In contrast, June was a lot more positive, with the net inflows standing close to $60 million. May was even better, with almost $132 million. The all-time high from November at $666.61 million remains untouchable.

You may also like: Ripple (XRP) ETF Inflows Set Another Record, but One Problem Remains Classic Bullish XRP Pattern Emerges as Large Wallets Keep Accumulating Ripple (XRP) ETFs Resume Inflow Streak, but There’s an Elephant in the Room The Ugly Although this improved at the end of the month, July saw the most days with no reportable action in terms of net flows. Precisely half of the trading days (11 out of the 22) saw no flows, according to SoSoValue, which, aligned with the more modest $27.29 million in net inflows, suggests dwindling interest in the funds.

Separately, the underlying asset’s price performance continues to disappoint despite the numerous positive developments in the broader Ripple ecosystem. Although it managed to defend the $1.05 support during the weekend, XRP is still below $1.10, and it’s down by more than 3% on a monthly scale. What’s even more worrisome is the fact that August has been a particularly painful month for the asset historically.

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Exchange-traded funds tied to XRP emerged as one of the brightest spots in the digital asset investment landscape over the past week.

According to data shared by market commentator CarpeNoctom, XRP-focused ETFs recorded $15 million in weekly net inflows, significantly outperforming Bitcoin and Solana investment products. Bitcoin ETFs experienced $0.6 million in net outflows, while Solana funds saw a much steeper $17 million in outflows. Ethereum ETFs remained marginally positive, posting $0.4 million in net inflows.

The figures show that investor demand is becoming increasingly selective rather than uniformly bullish or bearish across the cryptocurrency market. 

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The contrast is particularly striking when compared with Solana. Despite growing developer activity and continued ecosystem expansion, Solana investment products posted the largest weekly decline among the assets tracked.

XRP's resilienceThe asset has increasingly attracted attention following expanding institutional access through regulated investment products in multiple jurisdictions.

In addition, continued optimism surrounding Ripple's expanding ecosystem has helped to strengthen investor confidence. 

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If this pattern continues, XRP ETFs could further strengthen their position within the growing digital asset investment ecosystem.

The strongest day came on July 31, when XRP spot ETFs attracted $7.11 million in net inflows. That followed another $5.57 million on July 30, meaning nearly $12.7 million entered XRP ETFs in just two consecutive trading days. This accounts for the vast majority of the week's net inflows and suggests that institutional buying accelerated toward the end of the week rather than being evenly distributed.

The pattern is also notable because there were no meaningful outflow days during the period. Instead, investors either added capital or remained on the sidelines. Smaller inflows of around $547,000 on July 29 and $533,000 on July 27, together with earlier gains of $5.09 million on July 21 and $2.27 million on July 20, paint a picture of steady accumulation rather than speculative, short-lived buying. 

XRP spot ETFs have now accumulated approximately $775.5 million in total net inflows since launch. 

A heated dispute has erupted in the US Senate as negotiations over the CLARITY Act—legislation intended to establish federal rules for digital assets—enter a critical phase. Senator Cynthia Lummis and Senator Elizabeth Warren have begun exchanging public barbs, focusing on the bill’s ethics provision and implications for former President Donald Trump.

Warren’s staff flags ethics ‘loopholes’Democratic staff on the Senate Banking Committee, led by Senator Warren, released a formal analysis challenging the ethics section of the CLARITY Act. The review stated that the recently published draft is “riddled with major loopholes.”

The staff argued the current language would not stop Trump from benefiting financially from cryptocurrency ventures. According to recent financial disclosures, Trump received over $1.4 billion in crypto-related earnings during 2025. These ventures include the prominent $TRUMP memecoin and World Liberty Financial, both linked directly to Trump’s business activities.

Warren’s team maintained that enforcement of these ethics rules would ultimately fall to a Justice Department overseen by Trump himself if he holds office again, raising concerns about conflicts of interest. The unresolved ethics debate has contributed to a protracted stalemate on the Senate floor.

Warren’s staff highlighted that “the draft is filled with exemptions that would allow Trump to continue profiting from crypto activities, even if these activities directly present a conflict with federal ethics standards.”

Mini dictionary: CLARITY Act, a legislative proposal in the United States aiming to clarify the regulatory framework for digital assets and crypto markets, affecting how federal rules address digital asset management and ethics disclosures.

Lummis pushes back, cites consumer focusSenator Cynthia Lummis, a longtime advocate for clearer digital asset regulations, dismissed the Democratic staff’s analysis. She directly accused Senator Warren of being motivated by antipathy toward Trump rather than genuine concern for consumer protection.

Lummis reiterated the provisions were carefully crafted to strengthen ethics standards across the entire federal government. She emphasized that the framework was designed to create long-term regulatory norms rather than targeting a specific officeholder.

Lummis asserted that “the goal is to create strong, lasting ethical standards—singling out any individual was never the intention.”

Where the bill stands nowThe Senate Banking Committee approved the CLARITY Act in May, but the disagreements over ethics language have prevented progress on the Senate floor. A bipartisan counterproposal—led by Senators Thom Tillis and Ruben Gallego—was submitted to the White House this week. This alternative would allow state attorneys general to pursue legal action against the Department of Justice should it fail to apply ethics rules to federal officials.

An earlier White House offer did not receive enough Democratic backing for passage. Senate Majority Leader John Thune has previously stated his intention to schedule a floor vote before the chamber’s August 8 recess.

ProposalMain BackersKey FeatureStatusCLARITY Act (original draft)Sen. Cynthia LummisFederal ethics language applies to crypto activitiesStalled in SenateTillis-Gallego counterproposalSen. Thom Tillis, Sen. Ruben GallegoEmpowers state attorneys general to sue DOJAt White House for reviewSenator Lummis has indicated she will not entertain further negotiations, stating that it is time for a vote. The White House’s forthcoming response to the Tillis-Gallego alternative will likely determine if the bill reaches the floor before the summer recess.

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 is advancing toward its next core software release, xrpld version 3.3.0, expected in the coming week. This update will place five proposed amendments before network validators, expanding support for tokenized assets, institutional operations, privacy protections, and more flexible transaction handling.

Two of the proposals revive earlier designs that had been withdrawn after serious security flaws were identified.

RippleX Head of Product Jazzi Cooper outlined the package, noting that the ledger has already shown it can handle tokenized assets at meaningful scale.

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 upcoming release of xrpld 3.3.0 includes five amendments that move XRPL significantly closer to that goal.…

— Jazzi Cooper (@jazzicoop) July 31, 2026

Attention is now turning to practical applications including cross-border transfers, trading, collateral use, and settlement.

The five amendments—Confidential Multi-Purpose Tokens (MPT), Batch, Permission Delegation, Sponsored Fees and Reserves, and Dynamic MPT—are intended to support that next stage of development.

Batch permits up to eight transactions spanning different accounts to run together in an all-or-nothing fashion within one ledger close.

This atomic approach enables more complex workflows and institutional patterns such as delivery-versus-payment without introducing external trust assumptions.

The feature had previously reached the validator voting stage in February 2026.

Security researcher Pranamya Keshkamat, in collaboration with Cantina, then uncovered a critical weakness in its signature-validation logic that could have allowed an attacker to execute transactions from arbitrary accounts without holding the corresponding keys.

Validators were advised to reject the proposal, and an emergency software release marked the amendment unsupported to prevent activation.

Because it never reached the main network, no balances were affected.

A corrected implementation is now part of the forthcoming release.

Permission Delegation lets an institution assign narrowly defined transaction rights to another account while retaining full control of signing authority.

This supports role-based access common in institutional settings.

A vulnerability disclosed in September 2025 showed that the original design could allow one account to impose fees on another and potentially deplete its balance.

The feature was disabled, and both original proposals were later listed as obsolete pending revised versions.

The three remaining amendments are new.

Confidential MPT pairs zero-knowledge proofs with elliptic-curve encryption so that Multi-Purpose Token balances and transfer amounts can remain private on the public ledger.

Authorized parties such as auditors or regulators can still verify details when required—an important consideration for institutions evaluating public blockchain use.

Sponsored Fees and Reserves enables a bank, issuer, or platform to cover another account’s XRP transaction costs and reserve requirements.

Account holders keep ownership of their keys and accounts while avoiding the need to obtain XRP simply to begin interacting with the network.

Dynamic MPT allows an issuer to specify at creation time which token properties may later be adjusted.

This avoids the need for a full migration to a new token when transfer fees, metadata, or other settings must change in response to business or regulatory developments.None of the amendments activate automatically.

Protocol changes on the XRP Ledger take effect only after at least 80 percent of trusted validators sustain support for two consecutive weeks.

This process keeps decision-making with the broader network.

The upcoming software release therefore restores previously paused capabilities in strengthened form while adding tools focused on privacy, easier institutional onboarding, and greater operational flexibility. Validators will determine the timeline through their review and voting.

Despite multiple attempts to reach higher levels, XRP is still under pressure; the asset is currently trading at about $1. 08. The recent symmetrical triangle that had been forming throughout the second half of July has resolved to the downside, according to the daily chart. Even though the breakdown hasn't led to aggressive selling, it shows that buyers still don't have enough momentum to buck the general trend. 

Overall, the technical situation is still negative. The 50-day EMA ($1.09), 100-day EMA ($1.10), and 200-day EMA ($1.20) are all still below where XRP is trading. Any attempt at a recovery will probably encounter strong selling pressure before a more significant trend reversal can even start because those moving averages now create a stacked resistance zone directly above the current price. 

XRP/USDT Chart by TradingViewAfter the triangle breakdown, volume has also stayed comparatively quiet. Significant reversals are usually accompanied by increased trading activity, but this confirmation has not yet materialized. 

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Rather, market participation has steadily decreased, indicating that traders are holding off on making capital commitments until they see a more potent catalyst. The same hesitancy is reflected in momentum indicators. XRP is in neutral territory as the Relative Strength Index is close to 47. 

The market isn't strong enough to indicate a resurgence of bullish momentum or oversold enough to encourage aggressive bargain hunting. For bulls, recovering the 50-day EMA around $1.09 is the primary goal. The 100-day EMA close to $1.10 would come into focus with a successful move above that level. 

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The psychologically significant $1.20 area, where the long-term 200-year EMA presently resides, would become accessible if both moving averages were cleared. On the downside, XRP may experience another leg lower toward the $1.00 psychological level if the $1.05-$1.06 support area is not maintained. 

The longer-term downward trend would be strengthened and market sentiment would be considerably weakened if that threshold were to be broken. For the time being, XRP is stuck between weakening momentum and close support; whether buyers can eventually reclaim the cluster of moving averages overhead will probably determine the next big move.

Can Bitcoin turn into growth?After the sharp correction that erased its spring rally, buyers and sellers have shown little urgency as Bitcoin continues to consolidate around $63,000. After failing to maintain gains above $80,000 earlier this year, the daily chart shows a market looking for direction. 

Over the past few weeks, Bitcoin has developed a comparatively stable trading range, in contrast to many other altcoins. The 50-day EMA, which is currently nearly exactly at the market price at $63,950, has seen a compression in price action. Instead of a strong directional trend, this suggests short-term equilibrium. 

BTC/USDT Chart by TradingViewThe overall picture is still difficult, though. Bitcoin is still trading below the 200-day EMA, which is close to $72,800, and the 100-day EMA, which is at about $67,200. The fact that these longer-term moving averages are still sloping downward suggests that the macro trend has not yet turned back in favor of buyers. 

Additionally, volume has decreased during the current phase of consolidation. As volatility decreased, trading activity has progressively decreased rather than exhibiting accumulation. Although a larger move is frequently preceded by declining volume, there is currently little indication on the chart regarding the potential direction of that breakout.  

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A neutral market with no significant buying or selling extremes is reflected by the Relative Strength Index, which is currently at 46. This is consistent with Bitcoin's fluctuations over the previous month. Around $67,000, the 100-day EMA continues to be the main barrier. 

Regaining that level would enhance the technical outlook for Bitcoin and might inspire another attempt to reach the 200-day EMA around $73,000. Recovering above both moving averages would be the first significant indication of a trend reversal since the correction started. 

Support is still concentrated between $62,000 and $63,000, where buyers have frequently found Bitcoin in recent weeks. The market would probably experience another drop towards $60,000, a level with both technical and psychological significance, if that zone were lost. Bitcoin is currently stuck in a consolidation phase. 

Cardano's return potential Cardano has had one of its best daily results in weeks, rising by almost 9% to trade at about $0. 19. After months of continuous weakness, the rally lifted ADA above both its 50-day and 100-day EMAs, which is a positive technical development. But the action has put the asset squarely in a significant resistance area, which may decide whether or not this recovery can continue. 

The 200-day EMA, which is close to $0. 197, is currently the most significant barrier. This moving average has historically served as a boundary between long-term bullish and bearish trends, and ADA is currently testing it for the first time since the June decline. The technical outlook would be greatly improved by a decisive daily close above that level, which might lead to more buying from traders awaiting trend confirmation.  

During the rally, trading activity increased significantly, indicating real participation rather than a low-volume price spike. Additionally, momentum has increased; the Relative Strength Index has risen to about 66. Even though that is getting close to overbought territory, there is still time for another leg higher before buyers give up. Still, traders need to exercise caution. 

Even though ADA has recovered its shorter-term moving averages, it is still in a wider downtrend over the longer time frame. The current rally may simply turn into another lower high within the longer bearish structure if bulls are unable to close above the 200-day EMA. The first significant support on the downside is now the recovered $0.168-$0.170 region. 

The bullish structure created during the breakout would be maintained by holding above that area. ADA would probably return to the mid-$0. 15 range if it lost it. As of right now, buyers are clearly in the lead. Whether Cardano is starting a true trend reversal or just staging another relief rally inside a much larger bearish cycle will be determined by the next few daily candles.

Solana's attempt to gain foundationSolana has stabilized at $73, but it still faces long-term resistance. The asset is still trapped between close support and a group of moving averages that consistently cap each attempt at recovery after several weeks of sideways trading. In a technical sense, the situation is still unclear. 

SOL is trading near the 50-day EMA and below both the 100-day EMA at $75 and the 200-day EMA at $79. This arrangement implies that buyers have not yet created enough momentum to establish a sustained uptrend, even though selling pressure has decreased since June. Growing uncertainty is also reflected in price action. Solana developed a tightening consolidation pattern with lower highs and comparatively stable support over the previous few weeks. 

SOL/USDT Chart by TradingViewBulls were left without a definite technical victory as the price fell below the lower trendline rather than producing a convincing breakout. Fortunately for purchasers, there hasn't been much follow-through selling and the breakdown has stayed superficial. During consolidation, volume keeps falling, which indicates that buyers and sellers are holding off on making capital commitments until there is a stronger catalyst. 

The lack of directional momentum is confirmed by the Relative Strength Index, which is firmly in neutral territory at 47. Reclaiming the 100-day EMA around $75 is the bulls' immediate challenge. 

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The 200-day EMA at about $79 would come back into focus if it were to successfully move above that level. The strongest bullish signal Solana has generated in months would be the recovery of both moving averages, which could pave the way for the mid-$80 range. 

Support is in the range of $71 to $72 if sellers regain control. If SOL were to lose that zone, it would probably return to its June lows and strengthen the general bearish trend that has dominated the majority of 2026. Solana is still in consolidation as of right now. 

Although there hasn't been a significant breakdown, the asset doesn't have enough momentum to overcome long-term resistance. Sideways trading is likely to continue to be the predominant scenario until the price decisively breaks above the moving averages or below recent support.

Wietse Wind, founder and developer of the Xaman wallet, has issued an urgent alert to the XRP community after scammers used a verified X (formerly Twitter) account to promote an alleged “XMN” token falsely linked to the Xaman project.

The fraudulent post appeared from the official X account of Arlington ISD, suggesting attackers managed to compromise and take control of this verified account. The scammers adopted Xaman’s official branding and announced that a token claim process for XMN was live on the XRPL network, directing users to an “allocation checker” site.

By leveraging a high-profile, verified social media account, the scammers increased the apparent legitimacy of their claims. Such tactics, which rely on capturing trust through recognizable brands or verification marks, are increasingly common in phishing attacks targeting cryptocurrency users.

Wietse Wind responded quickly, making it clear that Xaman has no token now or planned for the future, and categorically called the campaign a scam targeting unsuspecting users.

There is no Xaman token. There will not be a Xaman token. These are scams, and users should remain vigilant against such attempts at deception.

Wind and the Xaman team reiterated their commitment to monitoring for impersonation and scam accounts, while encouraging the community to report suspicious activity.

Escalation of fraud in the XRP ecosystemAttempts to impersonate the Xaman wallet or launch fake tokens have persisted throughout 2026, with increasingly aggressive tactics appearing across the XRP ecosystem. Earlier this year, South Korean authorities arrested a group accused of stealing 3.4 million XRP (about $8.55 million) from 71 individuals by exploiting trust in the community through similar schemes.

Ripple‘s former CTO, David Schwartz, also highlighted the growing sophistication of coordinated phishing efforts, with malicious actors launching fake airdrops, running giveaway schemes, and adopting the branding of established teams to lure victims and drain their assets.

Such attacks generally seek to create a sense of urgency or legitimacy, pushing users to act quickly and hand over sensitive access or sign transactions they do not fully understand.

Scammers consistently manufacture urgency, borrow legitimate branding, and pressure users to act before verifying the authenticity of claims.

Wietse Wind has remained consistent in his advice to the community. He urges users not to sign transactions unless they are certain of a source’s legitimacy, to avoid engaging with any social media posts or accounts offering free tokens, airdrops, or promising early access to products or features that have not been confirmed by official channels.

He emphasized that Xaman does not have a desktop wallet, browser extension, or proprietary token. Any communication suggesting otherwise should be treated as fraudulent. Users are strongly advised to double-check announcements directly from official sites and social channels before taking any action.

Reporting suspicious accounts or domains remains a crucial step in countering these scams. Wind and other prominent figures in the space continue to stress that a proactive, cautious approach offers the best protection amid a rise in social engineering and phishing attempts.

Amid increased scam activity, platforms that facilitate easier and safer access to digital assets also attract attention. For instance, 1stepSwap stands out as a user-friendly platform bridging traditional finance and crypto by directly tokenizing real-world assets such as US equities and commodities like gold and silver onto the blockchain. Its market scanning algorithms ensure that trades are executed at the most competitive price instantly, enabling users to diversify their portfolios while maintaining direct wallet custody, without intermediaries.

The risk of scams grows alongside greater integration between traditional assets and blockchain solutions, highlighting the importance of vigilance, verification, and reliance on trusted sources in the digital asset space.

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 is preparing for one of its biggest upgrades yet. RippleX will roll out xrpld v3.3.0 next week, introducing five new features focused on tokenized assets, privacy, and institutional finance. 

While the update is not yet live, it could make XRPL more attractive to banks and businesses using blockchain.

XRPL Moves Closer to RWA AdoptionRippleX Head of Product Jazzi Cooper said XRPL has already shown it can support tokenized assets at scale. Now, the focus is on making those assets easier to transfer, trade, use as collateral, and settle across the network.

Jazzi said that the upcoming xrpld v3.3.0 release includes five protocol amendments designed to improve how institutions use the XRP Ledger. 

Meanwhile, two of these features are being restored after earlier versions were removed due to security audits that found critical issues.

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 upcoming release of xrpld 3.3.0 includes five amendments that move XRPL significantly closer to that goal.…

— Jazzi Cooper (@jazzicoop) July 31, 2026 Five New Features Coming to XRPLThe biggest addition is Batch Transactions, which lets users combine up to eight transactions into one package. Either all transactions succeed together, or they all fail, helping reduce costs and improve network efficiency.

Another key feature is Permission Delegation. This allows businesses to give limited account access to employees or third parties without sharing full control of their wallets, making institutional asset management safer.

The update also introduces Confidential Multi-Purpose Tokens (Confidential MPT). This feature hides token balances and transaction amounts from public view while still allowing regulators or approved auditors to access the information when needed.

Another improvement is Sponsored Fees and Reserves, allowing companies to pay network fees on behalf of their users. This means customers may no longer need to hold XRP just to use applications built on the XRP Ledger.

Finally, Dynamic Multi-Purpose Tokens (Dynamic MPT) will let token issuers update certain token settings after launch without creating a new token. This makes it easier for businesses to adjust to changing regulations.

Although RippleX plans to release the server software next week, the features will not become active right away.

Under the XRP Ledger’s governance process, each amendment must receive at least 80% support from trusted validators for 14 straight days before it becomes part of the main network.

The release also shows how quickly XRPL’s roadmap is moving. Just weeks ago, these features were still under development, while validators were mainly reviewing bug-fix updates for lending, vaults, permissioned exchanges, and multi-purpose tokens.

If approved, the new features could strengthen XRP Ledger’s position as one of the leading blockchains for tokenized real world assets and enterprise blockchain applications.

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As August 2026 began, Ripple pulled off its classic escrow maneuver, but with one important shift in transaction timing. Every month, XRP holders await the release of one billion tokens, bracing for pressure on the order books. 

This time, however, the company moved first and on Aug. 1, Ripple preemptively locked 700 million XRP back into escrow in two tranches of 200 million and 500 million, according to XRP Scan data.

Only after that did the system release the main 1 billion XRP in three consecutive portions of 500 million, 300 million and 200 million tokens. This maneuver reduced the actual inflow of fresh liquidity to just 300 million XRP, which could serve as a strong preventive signal for investors accustomed to seasonal dumping.

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XRP intraday price chart with timestamp from Whale Alert on Ripple's escrow unlocking, Source: TradingViewThe reason is that historical statistics covering the past 13 years have turned August into the worst nightmare for XRP holders. The median return for the month stands at a harsh -6.15%, while the average barely remains positive at +0.54%. 

Over the past three years, the token has consistently closed August lower: -26.6% in 2023, -9.17% in 2024 and -8.15% in 2025.

Why the $1.0480 support changes the August outlook for XRPNevertheless, the token is currently breaking this destructive historical pattern. While Ripple was moving the tranches, the intraday XRP/USD chart found a local bottom at $1.0480 late on Aug. 1, then reversed upward and consolidated around $1.0818.

In the final analysis, instead of the dumping expected by the market, investors received a targeted liquidity injection alongside a current monthly return of +1.93%, which is keeping the trend in the green after July's +2.11% gain. The early isolation of most of the tokens removed a potential supply overhang at the very start of the most dangerous month of the year.

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For large holders and traders, this is a sign that the $1.0480–$1.0600 zone is now being firmly cemented beneath the price, forming an August floor that could protect the asset from its usual seasonal dump.

Ripple Lawsuit Architect Takes Over as US Director of National Intelligence

Ripple’s valuation in the private market has reached an estimated $50 billion, reflecting a 400% increase from its 2019 estimate of $10 billion. The new valuation coincided with a $750 million share buyback that enabled employees and early investors to sell shares to the company at the updated price.

Ripple’s growth driven by buyback and product expansionThis valuation increase comes amid Ripple’s ongoing legal dispute with the US Securities and Exchange Commission, a case that has spanned several years. Despite the regulatory headwinds, Ripple has expanded its operations globally, secured new licenses, launched the RLUSD stablecoin, and bolstered its digital asset custody and enterprise payment infrastructure via strategic acquisitions.

Ripple operates as a fintech company focused on enterprise blockchain payments and cross-border transaction solutions. Its latest initiatives are aimed at broadening the use and adoption of blockchain technology in institutional finance and global payments.

While the valuation of Ripple as a company does not directly affect the XRP token price, analysts note that a stronger capital base allows for accelerated development on the XRP Ledger, wider RLUSD adoption, and scaling up of institutional payment offerings. These developments have the potential to attract more banks, asset managers, and institutions and may support long-term demand for XRP.

Institutional outlook: Standard Chartered’s targetsInstitutional sentiment for XRP remains robust. Standard Chartered, one of the world’s leading international banking groups, recently published its long-term cryptocurrency outlook and reaffirmed its 2030 XRP target of $28. The bank also maintained targets of $500,000 for Bitcoin, $40,000 for Ethereum, and $2,000 for Solana, despite adjusting certain short-term forecasts.

Standard Chartered’s maintained $28 price target for XRP signals continued confidence in XRP’s expected participation in expanding markets for cross-border payments, stablecoins, and tokenized real-world assets.

Reaching the $28 mark would imply an approximately 2,500% rally from the current price of $1.08, according to market data provider CoinCodex. Achieving this long-term target would likely require increased institutional adoption, greater use of the XRP Ledger for tokenization and payments, steady ETF demand, and greater regulatory clarity in major financial markets.

AssetCurrent PriceStandard Chartered 2030 TargetPotential UpsideXRP$1.08$282,500%Bitcoin$68,000$500,000635%Ethereum$3,400$40,0001,076%Solana$150$2,0001,233%XRP’s recent performance reflects growing enterprise interest. On-chain data shows that XRP registered the highest average transaction size among major cryptocurrencies, a metric typically linked to institutional or enterprise-level transfers. Evernorth, a business division focused on digital health services, is reportedly increasing its use of XRP for treasury management, strengthening the trend toward enterprise capital movement within the network.

Mini dictionary: Evernorth is a health services company under Cigna, providing digital and data-driven solutions. Its enhanced use of XRP in treasury operations suggests a growing trend of blockchain applications beyond financial services.

Indicators of increasing institutional demandInvestors are also showing confidence by moving considerable amounts of XRP off Binance and into self-custody, suggesting a preference for long-term holding. In addition, US spot XRP ETFs have drawn more than $1.5 billion in cumulative net inflows, reducing the liquid supply on exchanges and increasing institutional exposure to the asset.

These developments—Ripple’s higher valuation, Standard Chartered’s reaffirmed forecast, surging institutional transaction sizes, growing treasury use, strong ETF inflows, and exchange outflows—point to sustained institutional confidence in the Ripple and XRP ecosystem, despite ongoing market volatility.

Major global investors and institutions continue to position for Ripple’s anticipated role in the future digital asset landscape, as reflected by recent capital flows and corporate strategies.

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

Ripple unlocked one billion XRP worth more than $1.06 billion through three separate releases, placing fresh supply back under market scrutiny. The transaction sequence included 500 million XRP valued at $532.86 million, 300 million XRP worth $319.65 million, and another 200 million XRP valued at $213.11 million. 

However, token unlocks have not always translated into immediate selling pressure because Ripple historically redistributed portions through escrow management. Market participants instead shifted their attention toward whether exchanges would receive a meaningful share of the unlocked tokens. 

As a result, traders closely monitored supporting on-chain metrics for confirmation. Any sustained rise in exchange activity would likely strengthen distribution concerns, whereas limited follow-through could preserve XRP’s current market structure.

Source: X/Whale Alert Exchange inflows added another layer of concern Spot exchange flows shifted direction after months of persistent outflows, introducing another variable into XRP’s outlook. 

At press time, netflows reached +$2.41 million, marking one of the few positive readings after an extended period dominated by negative values. Unlike previous sessions, the latest inflow suggested more XRP entered exchanges than left them, naturally raising the possibility of additional available trading supply. 

Even so, the figure remained relatively modest compared to historical inflow spikes exceeding tens of millions of dollars. Buyers therefore retained an opportunity to absorb incoming liquidity without immediately disrupting market stability. 

Market conviction would likely strengthen if future sessions returned to negative netflows, while consecutive positive readings could reinforce expectations of growing exchange-bound supply.

Source: CoinGlass Does the falling NVT ratio favor XRP? On-chain activity improved despite the renewed exchange inflows. 

XRP’s Network Value to Transaction (NVT) ratio declined to 87.8584 as of writing, representing a sharp 62.08% daily drop. 

Lower NVT values generally reflected stronger transaction activity relative to market capitalization, indicating that network usage accelerated faster than valuation. Such behavior often supported healthier market conditions because capital circulated more efficiently across the blockchain. 

Nevertheless, stronger network activity alone rarely eliminated concerns surrounding fresh token supply. Investors instead weighed improving utility against the additional XRP entering circulation. 

If transaction activity continues expanding while exchange inflows remain contained, the network’s strengthening fundamentals could offset part of the selling pressure narrative surrounding Ripple’s latest unlock.

Source: CryptoQuant XRP defended support as selling pressure increased At the time of analysis, XRP traded around $1.0656 after repeatedly defending the $1.05 support zone throughout recent sessions. 

Price rejected lower levels several times, showing buyers continued protecting that area despite persistent overhead resistance near $1.15. Meanwhile, the MACD reflected weakening bullish conditions. The MACD line slipped to -0.0119, while the signal line stood at -0.0089, and both moved beneath the zero line. 

The histogram also remained negative, revealing fading buying interest rather than renewed strength. Despite softer technical conditions, sellers failed to force a decisive breakdown below support. 

If buyers maintain control above $1.05, XRP could attempt another move toward $1.15. However, losing that floor would likely expose $1.00 as the next major downside target.

Source: TradingView To sum up, Ripple’s billion-token unlock and the return of positive exchange netflows raised legitimate supply concerns, yet stronger network activity softened part of that bearish narrative. 

XRP still defended its key support despite weakening technical indicators. 

Buyers would likely need to preserve the $1.05 floor and absorb additional exchange supply before confidence could shift back toward a broader recovery.

Final Summary XRP defended the $1.05 support despite fresh supply entering exchanges after the latest unlock. Improving network activity offset part of the bearish outlook, but exchange inflows require close monitoring.

XRP is consolidating around the $1.05 mark, as prominent crypto analyst EGRAG CRYPTO outlined new levels that could influence the asset’s next direction. According to the analyst, who regularly shares technical insights with thousands of followers, $1.10 has emerged as the key level to watch for bullish confirmation on the 4-hour chart.

XRP battles at the $1.05 support zoneTechnical analysis from EGRAG CRYPTO defines the range for XRP between immediate support at $1.048 to $1.05, and overhead resistance at $1.14. After retreating from recent highs near $1.14, XRP tested the lower end of this range and is now attempting to hold a crucial support level.

The chart indicates that XRP remains in a short-term bearish structure, as a sequence of lower highs persists. If the asset stays above $1.05, the focus shifts to a move above $1.083, which would signal improving momentum toward reclaiming key resistance levels.

On the 4-hour chart, $1.05 stands out as the decisive area for buyers. The confirmation path is clear: XRP must defend $1.05, regain $1.083, and then break and retest $1.10. A 4-hour close above $1.10 may open the door to higher levels.

$1.10 emerges as the breakout thresholdEGRAG CRYPTO underscored that a sustained break and retest of $1.10 would provide confirmation for a bullish shift in XRP’s market structure. This level represents a major resistance zone, and a move above it could return bullish sentiment to the asset. The first upside target above $1.10 is set at $1.14, with further objectives at $1.183 and $1.20.

Should XRP achieve a 4-hour close above $1.10, analysts expect the token to target the $1.14 and $1.183 levels as its next potential resistance points.

LevelTypeStatus$1.048–$1.05SupportCurrently Defended$1.083Intermediate ResistanceRequires Break$1.10Key Resistance/ConfirmationAwaiting Breakout$1.14Upside TargetMajor Resistance$1.183–$1.20Upside TargetsPotential Objectives$1.30Major TargetRequires MomentumNext resistance levels and upside targetsA decisive rise through $1.10 would bring higher resistance zones into view for XRP. The primary objectives outlined by EGRAG CRYPTO include $1.14, followed by $1.183 and $1.20. Clearing these thresholds could set the stage for a push toward $1.30, a price target noted as significant in recent technical analysis.

To reach $1.30, XRP would need to overcome layers of resistance above $1.20 and demonstrate strong upward momentum. For now, the asset’s ability to hold and then breach the $1.10 barrier will determine if these higher objectives are viable.

Analysts emphasize that holding $1.05 and reclaiming $1.083 would set the foundation for an advance. Ultimately, a 4-hour close above $1.10 is seen as the gateway for XRP to move toward $1.14, $1.183, $1.20, and potentially $1.30.

Support at $1.048 remains crucialThe analysis also identifies $1.048 as the critical lower boundary for XRP. Maintaining price action above this level is viewed as essential to keep the short-term recovery scenario intact. If XRP falls below $1.048, attention is expected to turn toward lower liquidity regions around $1.008 and $1.00, further down on the chart.

EGRAG CRYPTO is a widely followed crypto analyst known for detailed technical analysis and trend identification, focusing on digital assets such as XRP.

Mini dictionary: EGRAG CRYPTO, a well-known online analyst specializing in technical chart analysis, regularly shares support and resistance levels that guide traders’ strategies on Twitter and other platforms.

The coming sessions may prove decisive, as price action around $1.05 and $1.10 could set the stage for XRP’s next significant 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.