Gallacher Capital Management LLC has disclosed a significant investment in the Canary XRP ETF, with its Q2 2026 13F-HR filing showing ownership of 86,744 shares valued at $961,126. The filing, dated July 17, 2026, and submitted to the US Securities and Exchange Commission (SEC), places Gallacher Capital among a growing group of regulated institutions pursuing XRP exposure through established channels.
A wider institutional move into XRP ETFsCitadel, one of the largest market-making institutions, also holds a position in the Canary Capital XRP ETF. Brookstone Capital Management disclosed an additional investment, reporting more than $70,000 of exposure to XRP ETFs. Like Gallacher Capital, these firms choose to include XRP ETF holdings alongside equities in top-tier companies including BlackRock, Blackstone, Broadcom, and Caterpillar.
These institutional filings reflect deliberate portfolio allocations rather than speculative purchases by retail investors. All positions are documented through mandatory federal disclosures, highlighting a notable shift in engagement by mainstream financial players.
Commenting on the trend, CryptoSensei noted that the importance lies not in the investment amount but in the increasing number of institutions adding $XRP exposure. This sentiment underscores how regulated entities are actively bridging traditional finance with digital assets for clients and portfolios.
The pattern appears to signal a broader interest among financial firms in accessing cryptocurrencies through tools that are registered and compliant under SEC oversight.
Mini dictionary: Gallacher Capital Management LLC is a US-based investment advisory firm known for managing diversified portfolios for institutional and high-net-worth clients. 13F-HR is a quarterly report filed by investment managers with at least $100 million in assets, listing certain holdings with the SEC.
Consistent inflows for spot XRP ETFsThe pattern of institutional investment is also visible in XRP ETF inflow data. The seven US spot XRP ETFs have recorded eight consecutive weeks of net inflows up to mid-2026, reaching a combined total of $1.49 billion since December 2025. May 2026 stood out as the strongest month, with new inflows totaling $118 million.
ETFNet Inflows (May 2026)Cumulative Net InflowsAll US Spot XRP ETFs (combined)$118 million$1.49 billionDuring this period, major XRP ETFs such as those managed by Bitwise and Franklin reported positive flows, despite downward pressure on the XRP price. In contrast, Bitcoin and Ethereum ETFs did not post similar sustained inflows during the same timeframe.
Holding patterns for institutions tend to differ from retail investors, with professional managers often taking a longer-term approach and slower exit strategies. Each 13F filing therefore can be interpreted as representing a deliberate allocation decision, not short-term trading activity.
New disclosures highlight regulated interest in XRPInstitutional adoption of $XRP through regulated investment vehicles like ETFs is growing steadily. Instead of large public announcements, this process becomes visible by scrutinizing SEC filings, where more firms are steadily appearing on the list of XRP ETF holders. Gallacher Capital’s disclosure is the most recent example, reinforcing the trend of traditional funds integrating digital assets into their portfolios.
CryptoSensei commented that the importance is not measured by the size of the allocation, but by the continued appearance of new institutional holders of $XRP in regulated filings.
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’s estimated leverage ratio on Binance has sharply fallen, reaching levels last seen in early 2024, after a substantial increase during the 2025 bull run. The recent shift was highlighted by cryptocurrency analyst Xaif, who cited CryptoQuant data tracking the change in market positioning over the past two years.
Leverage surge and dramatic reversalCryptoQuant, a blockchain data analytics firm, monitors a range of key on-chain indicators, including exchange leverage ratios. According to its platform, XRP’s estimated leverage ratio on Binance was stable between 0.05 and 0.15 from mid-2024, reflecting a period of relatively subdued risk taking among traders.
However, as the market gained momentum into late 2024 and the first part of 2025, the leverage ratio climbed significantly, tracking a steep rally in XRP’s price. At the peak of this movement, the leverage ratio surged by 790%, hitting approximately 0.40—the highest level since tracking began—while XRP price exceeded $3.
Leverage on Binance for $XRP just quietly deflated to levels not seen since early 2024, after rising 790% during the 2025 surge.
The ratio’s rapid ascent ended as the market reversed, with leverage steadily declining and the indicator returning to the lower end of its historical range.
Chart signals market resetThe CryptoQuant chart overlays XRP’s price with a 30-day exponential moving average (EMA) of the estimated leverage ratio. Throughout 2025’s bull market, both metrics moved higher together, but as XRP began an extended decline, the leverage ratio followed suit. As of now, the leverage ratio sits at approximately 0.15, just above a noted support zone that coincided with market turning points in prior months. Meanwhile, XRP’s price has settled near $1.10, after a prolonged fall from its 2025 highs.
Mini dictionary: Estimated leverage ratio is a metric that expresses the proportion of open interest (derivatives contracts) to reserves held on an exchange. A rising leverage ratio often signals increased risk taking and can lead to higher volatility if traders are forced to close positions.
PeriodEstimated leverage ratioXRP priceMid-20240.05–0.15Sub-$1.50Peak early 2025~0.40Above $3July 2026~0.15~$1.10Analyst sees potential for market shiftXaif, known for closely monitoring derivatives signals on major crypto exchanges, views this sharp drop in leverage as a sign that speculative traders have exited aggressive positions and that the market has undergone a substantial reset. He characterized the latest move as a “cleanup phase,” suggesting that the worst of the forced liquidations may be over.
Xaif points to the cleanup of excess leverage as a setup for further movement: “The froth is gone. Weak hands flushed out. This is usually when the real move starts.”
This pattern is familiar in cryptocurrency derivatives trading. As traders pile into leveraged positions during a rally, any price reversal can trigger liquidations, forcing leverage ratios to drop quickly. Market analysts often interpret this dynamic as a return to stronger, more stable hands, following a correction.
XRP positioned above key supportWhile Xaif does not suggest a specific price target for XRP, he maintains that the leverage ratio’s reset to early 2024 levels is a significant signal. The chart’s support band has acted as a historical floor, with price and leverage now aligned near this area. Market watchers will be monitoring if XRP can sustain this base, as major shifts in leverage have previously signaled the start of new accumulation phases or directional moves.
No immediate reversal is guaranteed, but current data indicates a clean slate, with less excess leverage and a more balanced market structure. XRP remains above a major support level with the leverage ratio’s 30-day EMA flattening out, which in past cycles has preceded new trends in price action.
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 Depository Trust & Clearing Corporation (DTCC), a key US financial market infrastructure provider, maintains a strict system for classifying assets used as collateral. According to guidelines from its National Securities Clearing Corporation (NSCC) division, any security with a price of $5 or less is treated as an illiquid asset, which has significant consequences for margin obligations.
Implications for XRP as CollateralCurrently, XRP trades near the $1 mark. Based on DTCC and NSCC standards, this price level means the asset is considered illiquid within the margin system. Crypto analyst CryptoSensei addressed the impact of these requirements in a recent video, highlighting that using XRP as collateral at its present price results in substantially higher margin requirements compared to more liquid instruments.
Illiquid assets in the DTCC system can be subject to a “haircut” of up to 100%, depending on the risk bucket. This treatment significantly reduces the borrowing power of holders seeking to pledge XRP as collateral for trades or settlements within the DTCC-managed ecosystem.
At approximately $1, DTCC classifies XRP as illiquid, resulting in heightened collateral requirements for its use in margin accounts. This pricing classification acts as a clear signal to market participants.
Mini dictionary: DTCC (Depository Trust & Clearing Corporation) is a US-based post-trade financial services company providing clearing, settlement, and information services for financial markets. NSCC (National Securities Clearing Corporation) is a DTCC subsidiary overseeing clearance and settlement for equities, bonds, and other securities in US markets.
How the $5 Threshold Influences Collateral ViabilityThe $5 price threshold is of critical importance. CryptoSensei explained that as long as XRP remains below this level, it is less efficient as collateral compared to assets such as Treasury bills. Should XRP’s price rise above $5, its classification would improve, and haircut rates could decrease to approximately 35%, making it comparable to micro-cap equities instead of triggering the most severe collateral penalties.
This improvement would mean institutional users could deploy XRP more efficiently, reducing margin burdens and enhancing its competitiveness as a collateral asset.
Asset Price LevelDTCC Collateral ClassificationTypical Haircut$5 or lessIlliquidUp to 100%Above $5Micro-cap/Improved~35% or value-at-risk basedTreasury billsLiquidMinimalStructural Barriers to Institutional UseCryptoSensei emphasized that these requirements are not simply matters of market opinion, but are structural features of institutional settlement infrastructure. He argued that without a much higher price, XRP cannot function efficiently as a collateral option inside the DTCC system.
NSCC’s margin rules apply universally, focusing solely on asset price and liquidity rather than asset type. According to CryptoSensei, for XRP to be practical for institutional collateral, it must first surpass the $5 threshold—a move that would reduce haircuts and make it a closer peer to traditional financial instruments in terms of efficiency.
A significant price increase for XRP would be required for it to gain broader utility as collateral in major financial settlement systems. The NSCC formulas apply uniformly and leave no exceptions for specific tokens.
Clarifying Recent Claims and Ripple InvolvementSome commentators recently suggested that the DTCC officially classified XRP as illiquid based on an answer generated by Coveo, an AI-powered search tool featured on DTCC’s website. However, this response was not an official document from the institution. Instead, DTCC’s actual rules, published in the NSCC Risk Margin Component Guide, treat all securities identically according to price bands without listing specific tokens by name.
Ripple, the company behind XRP, is a member of the DTCC’s Industry Working Group, which brings together over 50 major financial and fintech institutions. The group includes leading banks and firms such as Goldman Sachs, J.P. Morgan, BlackRock, Circle, and Ondo Finance.
On July 15, DTCC initiated production trading for tokenized securities, such as Russell 1000 equities, ETFs, and US Treasuries, ahead of a planned full-service launch in October 2026. Ripple Prime is participating in these developments, as the integration of digital assets within traditional settlement infrastructure progresses.
These developments illustrate the ongoing integration of blockchain-based tokens into established financial markets, alongside the challenges posed by current pricing and margin frameworks.
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) price has remained on edge this month, even as American investors resumed their purchases. Ripple’s token was trading at $1.0930 on Saturday, inside a range where it has been this month. It has slipped by 40% this year and 68% in the last 12 months.
XRP ETF Inflows are RisingAmericans have resumed buying XRP ETFs even as risk-off sentiment spreads across the broader market. Data shows that these funds added over $6.78 million in assets this week, reversing a $7.18 million outflow the week before.
Cumulative inflows for the month now stand above $4.2 million, marking the fourth consecutive month of net inflows. These funds have had cumulative inflows of over $1.4 billion and now hold $991 million in assets.
These inflows are happening even as a risk-off sentiment remains as evidenced by the volatility in the stock market. Key US indices dropped on Friday, with the S&P 500 and Nasdaq 100 indices falling by over 1%. The VIX Index jumped by 12%.
XRP ETF inflows rose in a week that Ripple Labs joined the x402 Foundation as a Premier Member. Joining this organization is important as the organization aims to become a major player in the agentic payments industry.
Still, XRP faces some major challenges, which likely explains why the token has remained under pressure. For example, XRP’s futures open interest has continued falling, reaching $2.4 billion, down from last year’s high of over $10.5 billion. Similarly, the Ripple USD (RLUSD) market cap has dropped to $1.53 billion from the year-to-date high of $1.8 billion.
XRP Price Chart Shows Bears Still in ControlTechnicals suggest that the Ripple price remains under intense pressure this month. It remains below the crucial support of $1.2898, its highest point on June 15.
The token has also slumped below the 50-day Exponential Moving Average. It has also moved below the Supertrend indicator.
As such, there is a risk that the coin will remain under pressure in the near term. If this happens, it may drop to the year-to-date low of $1.00. A move below that level will point to more downside in the near term. However, a surge above the 50-day and 100-day moving averages will point to a reversal.
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A new wave of regulatory momentum is gathering as the United States and United Kingdom jointly advance plans for stablecoins and tokenized assets, signaling 2027 as the year when global crypto regulation could become firmly established. The coordinated approach, announced by both governments through their transatlantic task force for markets of the future, underscores a push to integrate digital assets into traditional finance infrastructure.
US and UK emphasize one-to-one stablecoin backingThe US Treasury and UK government released a joint statement affirming stablecoins as vital instruments for innovation in digital money, especially for cross-border transactions. Both nations indicated that they plan to facilitate the use of well-regulated stablecoins in payment, settlement, and tokenized financial markets.
A key aspect of the statement is the explicit requirement that all stablecoins presented as money be fully backed, at least one-to-one, by high-quality liquid assets. This approach directly challenges the adequacy of current reserve practices among some major stablecoin issuers. Market analyst Nick from the YouTube channel Crypto Crusaders interpreted this as a call for tighter reserve, liquidity, and prudential standards to minimize systemic risk and prevent market fragmentation.
The two governments also highlighted the necessity for formal mechanisms to enable cross-border stablecoin transfers. Achieving comparable outcomes for comparable risks and avoiding regulatory loopholes, while ensuring business viability and avoiding unnecessary barriers to entry, emerged as guiding principles.
Stablecoins “are an important vehicle for innovation in digital money, specifically in cross-border finance,” the statement noted, with both sides advocating for strict one-to-one asset backing to reduce risks and support broader adoption.
UK introduces detailed rulebook for stablecoinsThe UK is pressing ahead with a comprehensive domestic framework for digital assets. The Financial Conduct Authority (FCA), which oversees financial markets and firms in Britain, has issued a new CryptoAsset sourcebook under the “Crypto II” initiative. This sourcebook sets detailed requirements for stablecoin issuers, while the new CASS 16 chapter specifies standards for the safeguarding of backing assets.
A joint report with the Bank of England outlines the supervision of stablecoins that reach systemic importance, as designated by HM Treasury. The proposal establishes clear expectations for authorization, asset protection, and oversight. Firms will transition from the FCA regime to direct oversight by the Bank of England upon reaching systemic scale.
Regulators expect the final set of crypto rules to be published later this year, with full implementation of the regime scheduled by the end of 2027. This follows a lengthy public consultation addressing subjects such as stablecoins and market integrity.
Mini dictionary: Financial Conduct Authority (FCA), the UK’s main financial regulatory body, supervises over 50,000 financial services firms and financial markets in the UK to ensure consumer protection and market integrity.
Ripple’s regulatory position strengthens in Europe and the UKRipple, the US-based blockchain company known for its cross-border payment solutions, is gaining regulatory traction in Europe and the UK. Ripple has secured an Electronic Money Institution (EMI) license and crypto asset registration from the FCA, as well as preliminary EMI approval from the Luxembourg Financial Sector Supervisory Commission (CSSF). According to Nick, the company is also actively engaging in policy discussions across the region.
Casey Craddock, named as Ripple’s UK CEO and managing director for the UK and Europe, has participated in EU meetings and focused efforts on establishing Ripple’s presence in both the UK and the broader European Union. Ripple has also joined the “markets of the future” task force established in September 2025, which enables the firm to strengthen its position as a bridge between the US and UK digital asset markets.
Ripple’s XRP, promoted as a bridge currency that facilitates settlement between fiat currencies and stablecoins, continues to be highlighted by the company for its potential in international payments. While some market participants question this view, the regulatory developments in both the US and UK may further clarify roles for XRP and similar assets.
Ripple “is fully licensed in Europe” and now holds key UK regulatory approvals, which could solidify its transatlantic presence if London and Washington succeed in harmonizing tokenization and cross-border stablecoin frameworks.
RegionRegulatorLicensing Achieved by RippleStatusUKFCAElectronic Money Institution license, Crypto Asset RegistrationApprovedLuxembourgCSSFPreliminary EMI ApprovalProvisionally ApprovedEurope (EU)EU Regulatory AuthoritiesFull licensing for operationApprovedDisclaimer: 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 may be on the verge of a significant upside move following a challenging start to the year. The token lost 27.1% in the first quarter and an additional 22.4% in the second quarter. Now, a rare alignment of technical patterns alongside strong seasonality data is drawing attention to a potential breakout.
Technical indicators suggest a turning pointThe daily chart on TradingView shows XRP confined within a descending broadening wedge, recognized as a classic late-stage accumulation pattern in technical analysis. This setup often signals an emerging end to prolonged selling and the possibility of a reversal.
Supporting this outlook, the relative strength index (RSI) has formed a bullish divergence, suggesting selling pressure is losing momentum. Simultaneously, buyers are managing to defend a local bottom near $1.05, further strengthening the bullish case.
Mini dictionary: Descending broadening wedge, a technical chart pattern where two converging downward-sloping trendlines diverge, often pointing to a possible bullish reversal after prolonged declines.
Seasonality and historical performanceData from CryptoRank, a cryptocurrency analytics platform, shows that the third quarter is traditionally XRP’s most stable growth period. Over the past seven years, XRP has not posted a negative return in Q3.
So far in July, the token’s return stands at 4.19%. Historically, the middle of summer has been a reliable period for recovery after sharp losses in June. XRP slumped 22.1% in June 2026. Following similar dips in previous years, the cryptocurrency rebounded by 47.6% in July 2023 and 35% in July 2025, illustrating strong seasonal recovery pulses.
Period202320252026June Return-18.5%-22.9%-22.1%July Return+47.6%+35%+4.19%The median Q3 return for XRP sits at 25.8%. After six months of continuous price compression, analysts believe this creates notable upside potential for the coming months.
Key resistance zones and potential targetsXRP currently trades near $1.08. To confirm a breakout from the wedge and start a fresh rally, buyers would need to push the price above the $1.12 to $1.18 resistance range. Clearing this level could pave the way for medium-term gains, with targets set between $1.45 and $1.60. These projections represent an approximate 50% rise from current prices.
Broader market stagnation and temporary slowdowns in spot XRP ETF inflows may limit a swift upward move. However, market observers note that the ongoing consolidation within the wedge is establishing a robust foundation ahead of the fourth quarter. Historically, XRP’s average return in Q4 has reached as high as 133.3%.
XRP has never closed Q3 in negative territory in the past seven years, and technical signals are now lining up with this seasonal trend to indicate a potential recovery.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
A screenshot shared by crypto commentator Pumpius stirred the XRP investor community after it appeared to show the Depository Trust & Clearing Corporation (DTCC) Learning Center addressing the treatment of XRP as collateral in institutional settings. The DTCC, a major US post-trade financial services provider, handles clearing, settlement, and information services for financial markets.
AI-generated answer draws attentionThe screenshot, posted on X, displayed the DTCC Learning Center’s search interface with “XRP” entered as the query. The resulting page included an AI-generated answer titled “XRP Haircut and Classification,” which explained that the level of collateral haircut for XRP would be determined by its price.
According to the AI’s response, XRP priced at $5 or lower could receive a haircut of up to 100% due to concerns about volatility and liquidity, rendering it nearly worthless as collateral. On the other hand, if XRP traded above $5, the haircut could be reduced, typically to around 35% or based on a Value-at-Risk model, potentially allowing financial institutions to utilize a greater portion of its value for collateral purposes.
Here’s how the DTCC Learning Center AI summarized collateral requirements: XRP at $5 or below could be assigned up to a 100% haircut due to its perceived risk, while at prices above $5, the haircut may decrease to 35% or follow a Value-at-Risk calculation, making institutional collateral use more feasible.
Pumpius interpreted this as support for the notion that XRP would need to sustain a higher price, specifically above $5, to serve as meaningful collateral in institutional finance. He argued that the generated answer demonstrated that a “dirt cheap” XRP would be impractical for large-scale financial operations.
Mini dictionary: Collateral haircut, a financial term referring to the percentage discount applied to the value of an asset when used as loan collateral, typically reflecting the asset’s risk or price volatility.
XRP PriceEstimated Collateral HaircutCollateral Value$5 or lessUp to 100%Near zeroAbove $5Typically around 35% or Value-at-RiskSubstantialExpanding on this view, Pumpius drew connections between the AI-generated guidance and the positions held by key voices in the XRP community. He cited David Schwartz, Chief Technology Officer at Ripple, the technology company behind the XRP Ledger, who has consistently maintained that XRP must have a meaningful market value for efficient support of high-volume payments.
He also referenced Yoshitaka Kitao, CEO of SBI Holdings, a Japanese financial conglomerate and one of Ripple’s prominent partners. Kitao has previously signaled long-term confidence in XRP’s institutional adoption, particularly among Japanese banks, with the expectation that broader use could underpin a much higher price.
In referencing these leaders, Pumpius claimed that the DTCC Learning Center’s response supported earlier arguments that a higher XRP value is essential for serving institutional use cases.
Opposing perspectives quickly emerged among other members of the XRP community. Amanda, an active participant in the discussion, emphasized that the screenshot only showed an AI-generated answer and did not reflect an official DTCC policy or guidance on XRP collateralization. She urged caution, stating that the result simply filled the absence of direct XRP documentation.
XRPL validator Vet took a similar stance, explaining that the AI-generated answer referenced the National Securities Clearing Corporation (NSCC) Risk Margin Guide, not a specific DTCC policy regarding XRP. Vet highlighted that the underlying document does not mention XRP and that the system generated a tailored response because of increased search interest in XRP.
The AI response was formed from general guidelines and recent user queries, not any dedicated DTCC communication or regulatory position on XRP.
As feedback spread, many community members noted that, while Pumpius viewed the response as evidence of long-term institutional potential, it remains an unofficial AI-generated example with limited authority in defining DTCC’s risk policies.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Crypto market analyst Josiah Gallegos stated that XRP is approaching a key junction, as technical signals and potential regulatory developments converge to set the stage for a substantial move.
Technical pattern suggests bullish momentumGallegos highlighted a developing inverse head and shoulders formation on XRP’s daily chart. The structure features three distinct lows: the middle trough acts as the head, with the two flanking dips forming the shoulders.
A horizontal neckline currently sits just above XRP’s trading range. Gallegos noted that the asset must close above this level to confirm the pattern, a milestone that often signals the end of a market downtrend and the potential start of an upward reversal.
He explained that XRP has already begun to break out from a longstanding descending trendline that had capped its price for several months, indicating that early momentum may be building ahead of any decisive chart breakout.
XRP is quietly forming an inverse head and shoulders—one of the strongest bullish reversal patterns. If the structure holds, a major breakout is coming, with timing closely aligned to regulatory developments, Gallegos stated in a recent market update.
Mini dictionary: Inverse head and shoulders, a chart pattern commonly viewed as signaling the end of a downtrend and suggesting a potential move higher if confirmed with a break above the neckline.
Key moving averages hold importanceIn addition to chart patterns, Gallegos emphasized XRP’s positioning relative to its moving averages. He reported that the cryptocurrency is trading above its 50-day exponential moving average, a short- to mid-term indicator that typically signals recovery momentum in technical analysis.
The 200-day exponential moving average remains above the current price, acting as the next significant resistance. Gallegos described reclaiming this level as an important goal for bulls and observed that this longer-term moving average is nearly aligned with the broader descending trendline, making it a focal point for traders seeking confirmation of a sustained reversal.
He suggested that closing above both the neckline and the 200-day EMA could confirm a shift in sentiment and strengthen the argument for a new bullish phase.
IndicatorCurrent StatusTechnical Implication50-day EMAAbove price, reclaimedShort-term bullish signal200-day EMAAbove current priceMajor resistance, confirmation if brokenRegulatory developments may act as catalystsGallegos drew attention to the proposed CLARITY Act in the US Senate, which could impact XRP’s regulatory outlook. The CLARITY Act aims to provide clearer guidelines on digital asset classifications and is currently under Senate discussion. Gallegos said the alignment of this potential legislative milestone with technical developments on XRP could amplify any breakout, particularly if the bill is approved before the Senate recess in August.
He clarified that legislation alone is unlikely to determine XRP’s direction, but added that positive regulatory momentum could coincide with technical signals and boost investor sentiment around the asset.
Mini dictionary: CLARITY Act, a legislative proposal in the United States Senate intended to bring regulatory clarity on how digital assets are classified and overseen in the US financial system.
Gallegos maintained that a combination of technical breakout and favorable regulatory action could bring about a pivotal phase for XRP, urging traders to monitor unfolding developments closely in the coming weeks.
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 CLARITY Act has again drawn focus in Washington after crypto influencer Vivek Sen posted a Fox Business interview clip featuring Representative Bryan Steil, fueling speculation about imminent progress in US digital assets legislation.
The CLARITY Act’s progress in CongressRepresentative Bryan Steil discussed the current status of the bill on Fox Business, highlighting his optimism that the United States Senate would soon consider the legislation. “It’s absolutely essential that the United States sets the gold standard for regulations in the digital assets space,” Steil said, underscoring the significance of clear regulatory standards.
He emphasized that the House had already completed its role and expressed urgency for the Senate to act to “unlock so much capital, human capital and financial capital” for American markets.
The bill’s supporters argue that clear federal regulation could drive significant new investment in US digital assets, potentially opening the door to large inflows of capital in assets like Bitcoin and other cryptocurrencies.
The CLARITY Act was first approved by the House on July 17, 2025, with lawmakers voting 294 in favor and 134 against. However, the bill has yet to reach a full floor vote in the Senate.
Current status and political barriersThe legislation advanced through the Senate Banking Committee on May 14, 2026, by a margin of 15 to 9, before moving to the Senate Legislative Calendar on June 1. Despite initial timelines, the Senate missed its July 4 signing goal, and no firm date for a full Senate vote has been set.
With 53 Republican-held seats in the upper chamber, the bill requires 60 votes to pass. At least two Republicans are reportedly expected to oppose the measure.
StepDateVote ResultHouse ApprovalJuly 17, 2025294-134Senate Banking CommitteeMay 14, 202615-9Senate Floor ScheduledAs of June 1, 2026Not scheduledThe main source of contention is a provision proposed by Senate Democrats, who want to prevent US President Donald Trump, his family, and executive branch officials from holding or engaging with cryptocurrencies. The push came after Trump’s financial disclosures showed that he had earned $1.4 billion from crypto since returning to office.
The Senate must resolve these internal divisions before the upcoming recess on August 7, leaving the act’s future uncertain.
Mini dictionary: Vivek Sen is a widely followed cryptocurrency commentator and social media influencer who frequently shares updates and opinions on digital asset legislation and market trends in the United States.
Potential impact of the bill on the crypto marketThe CLARITY Act seeks to provide definitive federal classification for several well-known cryptocurrencies as commodities rather than securities. The bill specifically references assets like XRP, which already has a judicial ruling affirming its commodity status, and would consolidate this protection into federal law, making reversals by future administrations more difficult.
Several market analysts believe the CLARITY Act represents a major potential catalyst for XRP by removing lingering uncertainty and enabling increased institutional involvement. If enacted, the law is expected to benefit both XRP and the wider digital assets sector by clarifying regulatory boundaries.
With the CLARITY Act expected to move forward, some market participants anticipate large-scale capital inflows into digital assets, as clearer regulations may encourage institutional adoption.
The momentum surrounding the bill has grown amid ongoing debates in Congress and strong calls from advocates urging legislators to act before the August 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 crypto industry has spent years debating whether the CLARITY Act will pass. Colin McCune, Head of Government Affairs at Andreessen Horowitz, wants to shift the conversation to a different question: what actually happens the moment it does?
The GENIUS Act Already Showed the Playbook
McCune did not have to speculate. He pointed to the GENIUS Act stablecoin legislation as a live case study of what regulatory clarity does to a market.
“There has been an absolute explosion of activity in the stablecoin space,” he said. “A lot of the new entrepreneurial talent coming in, the deal flow we see from a crypto fund perspective, is involved in stablecoins. All the big institutional money, all of the traditional financial players, are entering the space because it’s green light.”
Regulatory ambiguity keeps institutional capital on the sideline. The moment legislation signals a long-term commitment from Washington, that capital moves. According to McCune, the same dynamic would play out across the broader digital asset market the moment CLARITY passes.
The Part Most People Miss
McCune was emphatic about what he believes the market consistently underestimates when thinking about CLARITY’s impact.
The law itself matters less than what it signals. “It is a signal. It’s a signal that America is here and they’ve made a long-term decision and you can’t just go and undo it. That is the biggest thing people miss.”
His argument is that crypto’s deepest institutional capital problem is not about specific rules. It is about certainty. A framework that can be reversed by the next administration, the next regulator, or the next enforcement priority is not a framework that large institutions can build long-term businesses around. Passed legislation is different. It represents a durable commitment that allows companies, investors, and developers to make multi-year bets.
What Day One Actually Looks Like
McCune was open and said passing the bill is not the finish line. It is the starting gun for what he described as an equally important two-year window.
“Passing the bill is passing a framework. Then the regulators have to go and write the very specific rules and issue them. The next two years will also be a very productive and very important time while we watch the bill be implemented across the agencies.”
His expectation is that all of the pent-up talent and capital sitting on the sideline during the years of legislative uncertainty will be ready to move immediately. Developers who held back from launching products in the US, institutions that waited for legal clarity, and international capital that has been watching from a distance will all have their trigger pulled at roughly the same moment.
“In that period, things rip,” he said.
The AI Comparison
McCune also drew a direct comparison between what he expects from CLARITY and what has already happened in AI. As AI stocks and venture activity have surged following the emergence of clear commercial pathways, he believes crypto is positioned to experience an equivalent moment once its regulatory framework is settled. He described CLARITY as the thing that could yin and yang off the AI sector, creating a second major wave of institutional and entrepreneurial activity running in parallel to the AI buildout.
Where the Bill Stands
McCune remained firmly in the bullish camp on CLARITY’s passage despite the back and forth over ethics provisions, developer protections, and illicit finance language that has dominated recent headlines.
“I would be a very wealthy man if I had a nickel for every time someone told me the bill was dead,” he said. “It has died and been brought back to life a million times.”
He said behind-the-scenes conversations over the past month have been extremely positive and that a landing zone exists that works for both parties and for the industry. With the August recess as the deadline and a White House meeting with senators already scheduled, the next two weeks are the most consequential the bill has faced.
Story Ends Here
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Finance educator Coach JV has cautioned XRP investors against letting social media debates and speculative narratives guide their investment decisions. In a recent video shared on X, Coach JV addressed the surge in conflicting opinions about XRP, noting that emotionally charged investing often leads to poor financial outcomes compared to any single market event.
Conflicting claims over DTCC and SWIFT tiesCoach JV highlighted the controversy within the XRP community regarding potential connections between XRP and two major financial institutions: the Depository Trust & Clearing Corporation (DTCC) and the SWIFT payment network. While some members argue that XRP has significant links to these organizations, others refute those claims entirely.
He stated that the growing influence of these debates can misguide investors, who may act on claims that lack verification. Fabricated documents that appear authentic but are generated by artificial intelligence have further added to the confusion in the community.
Coach JV admitted to previously sharing an AI-generated document he later found to be inaccurate. He said the incident prompted him to slow down, verify sources, and prioritize independent research when evaluating information circulated online.
He stressed that many documents currently influencing public opinion lack credibility and warned that acting on unverified information can negatively affect portfolios.
Mini dictionary: Depository Trust & Clearing Corporation (DTCC) is a major US-based post-trade financial services company responsible for clearing and settlement of securities transactions. SWIFT is a global messaging system for financial transactions between banks worldwide.
XRP investors are facing an environment filled with speculation, AI-generated misinformation, and conflicting reports about ties to major institutions. Reacting hastily to these narratives can often be more damaging than any isolated market move.
Personal conviction above market rumorsCoach JV revealed that XRP comprises roughly 43% of his cryptocurrency holdings, with Bitcoin representing about 40% and Solana rounding out his top three positions. He continues to accumulate only these assets due to alignment with his long-term investment strategy.
His confidence, he explained, is rooted not in rumors regarding relationships with DTCC, SWIFT, or alleged insider information, but in personal conviction formed through extensive study of successful investors and systematic portfolio management. Coach JV advised others to avoid short-term trading based on internet trends and emphasized thorough research and discipline.
He also pointed out that influencers do not have inside access to confidential developments and rely on information available to the broader public. Reassuring his audience, he warned against placing undue trust in claims of exclusive knowledge from content creators.
Disciplined investors build conviction through research and structure, not by chasing rumors or looking for secretive tips from influencers. Remaining focused on long-term strategy prevents emotional reactions from undermining financial goals.
Approach to market uncertainty and tokenizationReflecting on periods of challenging market conditions, Coach JV noted that he continued buying XRP during the US Securities and Exchange Commission lawsuit and through subsequent crypto market downturns. He later sold a portion after realizing gains, but maintains regular accumulation of XRP, Bitcoin, and Solana.
Addressing recent developments like DTCC’s exploration of tokenization, he acknowledged their importance in the broader digital asset landscape. However, he discouraged viewing industry advances as binary outcomes for specific cryptocurrencies, instead supporting the idea that multiple assets and technologies can coexist as adoption accelerates.
AssetCoach JV’s Portfolio AllocationXRP43%Bitcoin40%SolanaThird-largestCoach JV concluded by urging investors to focus on their own reasons for participating in the market, develop conviction in chosen assets, and follow sources that prioritize careful analysis over emotional responses. He acknowledged future uncertainty regarding direct cooperation between DTCC, SWIFT, and XRP, but affirmed that such unknowns do not shake his confidence in Ripple’s significance or his disciplined investment approach.
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.
With XRP trading around $1.08 and the broader crypto market sitting at $2.19 trillion, one analyst has laid out three distinct price scenarios for XRP by the end of 2026, ranging from a mild recovery to a figure that would turn a modest holding into a life-changing return.
Five hundred XRP coins are currently worth approximately $540. The question is how much that stack could be worth if the market moves in any of three directions between now and December.
The Conservative Case: $2.71 Per XRP
In the most cautious scenario, the total crypto market recovers to $4.2 trillion, which was the all-time high set in 2025. XRP maintains its current market dominance of roughly 4%, unchanged from where it sits today.
At those numbers, XRP would reach approximately $2.71 per coin. Five hundred XRP would be worth around $1,355 by year-end. That represents a meaningful gain from current levels but is the floor of what the analyst considers plausible rather than a base case.
The Realistic Case: $7.90 Per XRP
The middle scenario assumes the crypto market reaches a new all-time high of $7 trillion, nearly double the previous peak. XRP’s dominance grows from 4% to 7%, which the analyst says is a level XRP has reached before given its utility profile among major cryptocurrencies.
Under those conditions, XRP would trade at approximately $7.90. Five hundred coins would grow from $540 today to roughly $3,950 by the end of 2026. The analyst describes this as his base expectation if broader market conditions cooperate, adding that 7% dominance for XRP would still represent a small slice of the overall crypto pie.
The Bull Case: $23 Per XRP
The aggressive scenario assumes everything goes right. The total crypto market cap climbs to $12 trillion, which would be an extraordinary expansion from current levels. XRP dominance rises to 12%, again a level it has previously achieved during major market cycles.
In this scenario, XRP would reach approximately $23 per coin. Five hundred XRP would be worth approximately $11,615, turning a sub-$600 holding into five figures. The analyst frames this as an ambitious but not impossible outcome given the right combination of institutional adoption, regulatory clarity, and broader market momentum.
What Would Need to Happen
None of these scenarios exist in isolation. The realistic and bull cases both require a significant expansion in total crypto market capitalisation driven by new institutional capital, positive regulatory developments, and renewed retail participation. The analyst also said that retail participation is currently very low by historical standards, which could be read either as a warning sign or as evidence that the biggest inflows are still ahead.
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Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Japan has taken a decisive step in cryptocurrency regulation by approving a new framework that reclassifies XRP and other digital assets as financial instruments. This move contrasts with ongoing debates in the United States over the proposed CLARITY Act, which aims to provide regulatory clarity for digital assets.
Japan’s new crypto classification sets stage for XRP ETFX Finance Bull, a well-known cryptocurrency commentator active on social media, described the development as a meaningful shift for XRP and the wider crypto market. He stated that Japan’s action illustrates progress beyond mere legislative debate and demonstrates a concrete commitment to integrating cryptocurrencies within the nation’s financial system.
According to X Finance Bull, the updated regulatory treatment of digital assets creates a legal foundation for the launch of exchange-traded funds (ETFs) tied to XRP and potentially other cryptocurrencies. He described this milestone as a transition from long-discussed ambitions to tangible implementation, especially given Japan’s status as the world’s third-largest economy.
Japan has approved its own framework reclassifying $XRP and other digital assets as financial instruments, marking a clear shift from theory to action. An XRP ETF now moves from an aspiration to an imminent reality in Asia’s leading market.
This shift stands in contrast to the United States, where policymakers continue to debate digital asset legislation. While the CLARITY Act remains under discussion in Congress, Japan’s financial authorities have moved forward with a completed and actionable regulatory model.
ETF filings progressing with support from SBI GroupOne of the central points in X Finance Bull’s analysis concerns the preparations underway for cryptocurrency ETFs in Japan. He pointed to SBI Group, one of the country’s largest financial conglomerates and a longstanding partner of Ripple, as the organization leading these efforts.
SBI Group’s early preparations for an XRP ETF reportedly began well before the latest government approval. The commentator noted that this indicates strategic, long-term planning and confidence in the regulatory trajectory. SBI Group’s collaboration with Ripple over several years may have given it the head start needed to introduce new investment products as soon as policy allowed.
This approach sets the current situation apart from prior announcements or speculative headlines, as institutions like SBI appear positioned to capitalize on regulatory changes swiftly.
Mini dictionary: SBI Group, headquartered in Tokyo, is a major Japanese financial services company engaged in banking, asset management, and fintech, and has been a key partner of Ripple in promoting blockchain adoption throughout Japan and Asia.
Potential impact on XRP adoptionX Finance Bull also emphasized the potential advantages of an XRP ETF for Japanese investors. He explained that by offering regulated financial products, such as ETFs, investors could gain exposure to XRP using familiar brokerage accounts or retirement plans.
Citing the experience of spot cryptocurrency ETFs in the United States, he claimed that XRP funds there have attracted approximately $1.48 billion in investments, even during challenging market periods. This, according to the commentator, demonstrates how structured ETF offerings can broaden participation in the cryptocurrency sector.
Japan’s tax structure may further support market growth. The current flat 20% tax rate on crypto gains stands out as a more straightforward regime compared to other jurisdictions, simplifying the process for investors.
CountryCrypto Tax RateStatus of XRP ETFJapan20% flat ratePreparations underwayUnited StatesVaries (up to 37% for capital gains)No XRP ETF approvedRipple’s close ties with Japanese institutionsThe commentator underscored the significance of Ripple’s relationship with SBI Group. He mentioned that RLUSD, a stablecoin, is already available via SBI VC Trade, and SBI Ripple Asia operates technical infrastructure on the XRP Ledger. These initiatives reflect ongoing efforts to support token issuance and digital asset integration in Japan.
Overall, these developments suggest Japan is prioritizing infrastructure for institutional-grade digital asset products, rather than simply adjusting existing regulations. Analysts suggest the combination of governmental support, ETF readiness, and established partnerships positions Japan as a notable environment for crypto adoption, with XRP poised to benefit from the country’s proactive approach.
SBI has been working with Ripple to build digital finance platforms in Japan for years, providing a robust foundation as the country moves toward institutional crypto adoption.
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 emerge as one of the top names in the crypto industry, its President, Monica Long, has also made the list of the top leaders in the stablecoin market this year, curated by Stablecon.
Following the recent release of its annual leadership recognition list, Stablecon has named Monica Long among the honorees on Stablecon's Most Influential 2026 list.
Monica Long as a Top Woman in Stablecoins Following Long's addition to Stablecon's Most Influential list this year, the Ripple president has earned recognition in two categories, which include Issuer & Protocol Leaders and Top Women in Stablecoins.
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The list is curated every year to recognize leaders across multiple crypto sectors such as stablecoin issuance, blockchain infrastructure, investing, regulation, and ecosystem development.
Stablecon explained that honorees who make it to the list are evaluated based on five criteria, which include ecosystem influence, impact and reach, innovation, momentum, and peer recognition.
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Notably, Monica Long was listed alongside executives from several major stablecoin and digital asset firms, including Paxos, Ondo Finance, Frax Finance, Custodia Bank, Anchorage Digital, and Monerium in the Issuer & Protocol Leaders category.
Also, Long made the list in the Top Women in Stablecoins category, being one of only two Ripple-associated executives celebrated as female leaders making major contributions to the stablecoin industry.
RLUSD in spotlight as Ripple pushes for wider adoption It is not surprising that Monica Long has been recognized as a top leader in the stablecoin sector, as Ripple continues to advance its native stablecoin, RLUSD, while expanding its use cases.
Apparently, Monica Long's recognition as a Top Woman in Stablecoins comes following Ripple's consistent developments targeted at expanding its presence in the stablecoin market through RLUSD.
As Ripple's president, Long has played a key role in bringing RLUSD to the global market and driving its adoption for real-world payments and financial applications.
비댁스, 리플 커스터디 활용해 XRP, RLUSD 및 디지털 자산 커스터디 인프라 제공 XRPL(XRP 레저) 개발자 및 생태계 성장 지원RLUSD 스테이블코인 활성화를 위한 인프라 구축 및 협력
디지털 자산 커스터디 선도기업 비댁스(BDACS)가 26일 기관급 디지털 자산 인프라 선도 기업 리플(Ripple)과 전략적 파트너십을 맺었다고 밝혔다.
이번 파트너십은 금융위원회가 최근 발표한 법인의 가상자산 시장 진입 단계적 허용 기조에 맞추어 ▲기관 투자자들을 위해 안전한 XRP 및 RLUSD 커스터디를 제공할 뿐만 아니라 ▲XRPL(XRP 레저) 개발자 및 생태계 성장 지원 ▲스테이블코인(RLUSD)의 사용성 확대 ▲블록체인 규제 특구인 부산과의 시너지 효과 등 기관급(Institution Level) 커스터디 시장을 고도화하고 국내 기술적, 사업적 기회 확대를 목표로 한다.
비댁스의 류홍열 대표는 이번 파트너십 체결에 대해 "비댁스는 리플이 선도하는 블록체인 이니셔티브를 뒷받침하는 안전하고 신뢰할 수 있는 커스터디 서비스를 제공하고, 궁극적으로 양사가 디지털 자산 생태계를 고도화 및 확장하는 계기가 될 것이다"라고 밝혔다.
비댁스는 기관급 보안을 유지하면서 디지털 자산을 안전하게 보관, 관리 및 접근할 수 있도록 암호화폐 관리자, 거래소, 장외거래 등에 인프라를 제공하는 리플 커스터디를 활용할 계획이다. 2030년까지 보관되는 디지털 자산의 규모는 16조 달러에 달할 것으로 예상되며, 2030년까지 전 세계 GDP의 10%가 토큰화될 것으로 예측된다. 커스터디는 모든 디지털 자산 비즈니스의 기반이 되며, 토큰화, 자산 관리, 스테이블코인 발행 등 다양한 분야에서 새로운 유스케이스를 도모한다.
비댁스는 이번 파트너십을 통해 XRP 와 RLUSD를 모두 지원하게 된다. XRP는 결제 목적으로 설계된 디지털 자산으로, 크립토 네이티브 및 실제 자산의 토큰화 및 거래에 있어 10년간의 신뢰성과 안정성을 증명해온 탈중앙화 레이어 1 블록체인 XRP 레저의 네이티브 토큰이다. RLUSD는 엔터프라이즈급 미국 달러 기반 스테이블코인으로 그간 크립토 및 기존 금융 시스템 업계에서 쌓아온 리플의 전문성을 바탕으로 신뢰성과 유연성 및 컴플라이언스에 중점을 맞춰 개발되었다.
피오나 머레이(Fiona Murray) 리플 아시아태평양 지역 총괄은 “비댁스와의 파트너십을 통해 한국의 기관 투자자들에게 리플의 커스터디 솔루션을 제공할 수 있게 되어 기쁘다”며, “금융위원회의 규제 로드맵에 따라 암호화폐 시장이 급성장하고 새로운 기회가 생겨나고 있는 상황에서 이번 파트너십은 디지털 자산 생태계를 확장하는 데 중요한 발걸음이 될 것”이라고 말했다.
최근 발표된 법인 거래의 단계적 허용, 스테이블코인 규율 체계 마련 등 가상자산 관련 규제 흐름이 긍정적으로 변화하고 있는 만큼, 디지털 자산 커스터디 전문 기업의 수요가 폭발적으로 증가할 것으로 예상된다. 이러한 상황에서 비댁스는 국내 최초의 기관급 커스터디 기업 중 하나로 투자자들이 국내 규제 환경 내에서 XRP 및 RLUSD를 비롯한 디지털 자산을 안전하게 거래할 수 있도록 시장 접근성 솔루션을 제공할 계획이다.
리플은 안전하고, 컴플라이언스를 준수하는 간편한 디지털 자산 인프라로 금융 기관들이 디지털 자산을 토큰화, 수탁, 거래 및 운용에 필요로 하는 핵심 서비스를 제공한다. 특히, 디지털 자산 업계 내 10년 이상의 경험과 여러 관할권에 거쳐 60개 이상의 규제 라이선스를 보유하고 있다.
한편, 비댁스는 아발란체(Avalanche),폴리매쉬(Polymesh) 등 주요 메인넷과의 파트너십을 통해 토큰 증권(STO), 실물자산 토큰화(RWA) 등 글로벌 디지털 자산 시장에서 빠르게 입지를 넓히고 있다. 특히 비댁스는 지난 해 12월 국내 최고 시중은행인 우리은행과 협력하여 디지털 자산 커스터디 비즈니스 관련 중요한 파트너십을 구축한 바 있다.
비댁스 소개
비댁스는 국내 기관을 위한 선도적인 디지털 자산 관리인으로, 변화하는 디지털 자산 환경을 고객이 자신 있게 탐색할 수 있도록 안전하고 규제를 준수하며 혁신적인 관리 솔루션을 제공한다. 국내 최고 수준의 은행과 전략적 파트너십을 맺고 있으며, 국내외 컴플라이언스와 규제를 준수하고 있는 BDACS는 기관급 디지털 자산 관리의 기준을 설정하고 있다. 비댁스의 종합적인 서비스 제품군은 기관 고객의 복잡한 요구를 충족하도록 설계되어 맞춤형 관리 솔루션, 원활한 거래 결제, 광범위한 시장 접근성을 제공한다. 업계에서 가장 광범위하고 미래지향적인 역량을 갖춘 BDACS는 기관이 국내는 물론 전 세계에서 디지털 자산 전략을 추진하는 데 필요한 신뢰, 보안, 운영 효율성을 제공하는 디지털 자산 관리의 미래를 형성하고 있다.
리플 소개
리플은 금융기관을 위한 디지털 자산 인프라 선도 기업이다. 리플은 단순하면서도 규제를 준수하는, 신뢰도 높은 소프트웨어를 제공해 비효율성을 해결하며 글로벌 금융 혁신을 불러일으키고 있다. 리플 솔루션은 개발자 및 금융 유스케이스 전반에서 빠르고 저렴하며 확장성이 뛰어난 거래를 위해 설계된 XRP 레저(XRP Ledger, XRPL)와 네이티브 디지털 자산인 XRP를 활용한다. 리플의 결제, 커스터디 및 스테이블코인 솔루션은 전 세계 규제 당국 및 정책 입안자들로부터 검증된 실적을 바탕으로 디지털 자산 경제를 선도하며 기업 블록체인에 대한 신뢰와 믿음을 쌓아가고 있다. 리플은 고객, 파트너, 개발자 커뮤니티와 함께 전 세계가 가치를 창출, 저장, 관리, 이동하는 방식을 혁신하고 있다.
Key Takeaways The moderate scenario projects XRP between $5 and $8 by 2031, driven by growing institutional integration In an optimistic scenario, XRP could climb to $15–$25 if it captures significant global settlement market share A pessimistic outlook places XRP at $1–$2 should adoption stall or competitive pressures mount Exchange-traded fund flows may constrain circulating supply while boosting retail and institutional accessibility Across weighted probability scenarios, XRP’s 2031 target centers around $7.90 For years, XRP has maintained its position as one of the cryptocurrency sector’s most debated digital assets. Its specialized focus on facilitating international payments and serving institutional clients distinguishes it from broader platforms like Bitcoin and Ethereum.
XRP Price Following an extended period dominated by regulatory challenges, XRP has transitioned into a more promising chapter. Enhanced legal clarity, the introduction of regulated spot ETF products, and Ripple’s aggressive global partnership strategy have reignited attention from the investment community.
The central question facing investors today is straightforward: what price level could XRP realistically achieve by 2031?
For several years, Ripple has systematically developed relationships with financial institutions and payment service providers worldwide. Meanwhile, the XRP Ledger continues broadening its use cases beyond payments—venturing into tokenization of tangible assets, DeFi applications, and supporting the RLUSD stablecoin infrastructure.
Under moderate assumptions, XRP is projected to trade between $5 and $8 by the end of the decade. Such valuations would correspond to a total market capitalization spanning approximately $325 billion to $520 billion.
Optimistic Projection The bullish forecast operates under the premise that XRP establishes itself as a dominant infrastructure layer for institutional transaction settlement and international money transfers.
The launch of XRP-based ETF products represents a critical growth driver in this scenario. These regulated investment vehicles have dramatically lowered barriers for traditional investors seeking exposure to the asset. Sustained inflows into these products could create supply constraints while simultaneously expanding demand channels.
Should the tokenized asset sector evolve into a multi-trillion-dollar market—and the XRP Ledger successfully captures a substantial portion of that activity—XRP’s total value could approach the $1 trillion threshold. Under these conditions, individual token prices would fall within the $15 to $25 range.
While this represents an aggressive projection, a growing number of long-term holders no longer consider it entirely implausible.
Pessimistic Projection The primary vulnerability facing XRP centers on implementation challenges. Ripple’s payment infrastructure could achieve commercial success without necessarily translating into proportionate demand for the underlying XRP token.
Meanwhile, competitive pressure continues intensifying. Ethereum Layer 2 solutions, Solana’s payment rails, fiat-backed stablecoins, and emerging central bank digital currencies all represent viable alternatives for institutional payment settlement.
Under this less favorable scenario, XRP’s trading range could remain confined between $1 and $2 throughout the next half-decade.
XRP’s distinguishing characteristic remains its institutional orientation. Rather than positioning itself as a multipurpose blockchain platform, it’s strategically aligned as foundational infrastructure supporting the global financial system.
When factoring probability weights across bear, base, and bull scenarios, the blended price expectation for XRP by 2031 lands at approximately $7.90.
Monica Long, President of Ripple, has received a place on the Stablecon’s Most Influential 2026 list, showcasing her growing prominence in the stablecoin sector. Ripple, known for providing blockchain solutions for payments and enterprise finance, has continued to solidify its role as a major player in digital assets and stablecoins under Long’s leadership.
Stablecon’s annual recognitionStablecon, an organization specializing in stablecoin research and industry analysis, compiles its annual list to highlight the year’s most prominent leaders across the stablecoin ecosystem. The Most Influential 2026 list focuses on various categories, including Issuer & Protocol Leaders and Top Women in Stablecoins, acknowledging contributions from founders, executives, and key decision-makers.
This year, Stablecon selected honorees based on ecosystem influence, broad impact, innovation, market momentum, and peer recognition. The organization recognized Monica Long for making significant strides both as an issuer and protocol leader, and as a female executive shaping the stablecoin landscape.
In the Issuer & Protocol Leaders category, Long appeared alongside senior executives from firms such as Paxos, Ondo Finance, Frax Finance, Custodia Bank, Anchorage Digital, and Monerium. These companies play central roles in stablecoin development, issuance, and digital asset infrastructure.
Long was also included in the Top Women in Stablecoins category. She was one of only two Ripple-associated executives to receive this recognition as a standout female leader in the industry.
Stablecon evaluates candidates for their annual list using five main criteria: ecosystem influence, measurable impact and reach, innovation in products and markets, recent momentum, and the degree of recognition from peers within the industry.
CategoryHonoreeAffiliationIssuer & Protocol LeadersMonica LongRippleIssuer & Protocol LeadersExecutivesPaxos, Ondo Finance, Frax Finance, Custodia Bank, Anchorage Digital, MoneriumTop Women in StablecoinsMonica LongRippleRLUSD in spotlight as Ripple expands adoptionRipple has placed particular emphasis on RLUSD, its native stablecoin, as a strategic pillar in the company’s growth and technology stack. The company has aimed to position RLUSD as a reliable digital currency for global payments and enterprise transactions.
Monica Long has been central to Ripple’s efforts to expand RLUSD’s use cases and market reach. As president, she has led initiatives focused on adoption for real-world payments, aiming to strengthen Ripple’s foothold in the competitive stablecoin environment.
Stablecoins, like RLUSD, offer value stability by pegging their worth to traditional assets, typically fiat currencies such as the US dollar. This stability differentiates them from other cryptocurrencies such as Bitcoin, whose prices can fluctuate widely.
Mini dictionary: RLUSD, also known as Ripple USD, is Ripple’s own stablecoin pegged to the US dollar, developed to facilitate fast and secure cross-border transactions.
Ripple’s push for broader RLUSD adoption reflects the company’s long-term vision of integrating stablecoins into mainstream financial systems. Industry observers have noted Ripple’s focus on developing blockchain-powered financial solutions, driven by its leadership team’s commitment to innovation and market growth.
Monica Long’s dual recognition in Issuer & Protocol Leaders and Top Women in Stablecoins comes as Ripple intensifies its efforts to advance digital finance through RLUSD and collaborative industry partnerships.
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 withdrawal activity on Binance has climbed to its highest level in at least two years.
According to a new on-chain analysis by CryptoQuant contributor Amr Taha, the exchange is now recording a significantly larger share of withdrawal transactions than of deposits.
Taha said Binance’s share of XRP withdrawal transactions reached 54.5% on July 17, the highest level since July 2024. Meanwhile, deposit transactions fell to 45.4%, the lowest reading since the same period and below the previous low of 46.7% recorded on June 20, 2025.
XRP Deposit/Withdrawal chart The widening gap between withdrawals and deposits has expanded to 9.1 percentage points, up from 6.5 points on June 20, 2025. According to Taha, this makes the current imbalance roughly 40% wider than the previous comparison.
Binance Outpaces Broader Exchange Trend The broader centralized exchange market is showing a similar pattern, though Binance’s shift is more pronounced.
Across all centralized exchanges, withdrawal transactions accounted for 53.01%, nearly matching the 53.09% recorded on June 20, 2025, while deposit transactions stood at approximately 46.9%.
Binance’s withdrawal share is now 1.49 percentage points higher than the all-exchange average. Its 9.1-point withdrawal-deposit gap is also nearly 49% wider than the roughly 6.1-point gap observed across all centralized exchanges.
The figures suggest Binance users are moving XRP off the exchange at a faster rate than the broader market, although the data reflects the number of transactions rather than the size or value of transferred funds.
Previous Pattern Preceded 66% XRP Rally Taha pointed to a historical parallel that has drawn attention from market participants.
After similar transaction levels were recorded on June 20, 2025, XRP’s price climbed from approximately $2.11 to $3.50 by July 21, delivering a gain of nearly 66% in about one month.
At the time of the analysis, XRP was trading near $1.09, around 48% below its June 2025 comparison price and nearly 69% below the subsequent $3.50 peak.
However, Taha cautioned against interpreting the data as a direct bullish signal. The metrics track the proportion of deposit and withdrawal transactions, not the volume of XRP being transferred or net exchange flows.
As a result, the shift reflects a change in transaction composition rather than definitive evidence of capital leaving exchanges or a guarantee that price will follow the same trajectory.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
As conversations around central bank digital currencies (CBDCs) continue in government and financial circles, an older document referencing Ripple and XRP has resurfaced in the debate regarding potential platforms for a European digital currency.
CPA Australia cites Ripple and XRP as a CBDC optionCrypto researcher SMQKE drew attention on X to a report by CPA Australia, which mentions that France has openly discussed utilizing Ripple and XRP as possible foundations for Europe’s central digital currency. The report highlights specific features of Ripple’s technology that were considered advantageous compared to other blockchain platforms.
The document refers to Ripple’s proposal to offer a private variant of the XRP Ledger designed for use by central banks. This initiative aims to deliver a solution where digital currencies can be issued and managed with enhanced security, control, and flexibility.
The CPA Australia report notes that “France has openly discussed Ripple/XRP as a possible platform to Europe’s central digital currency,” underlining favorable features including strong trust among banking institutions.
Comparison with Bitcoin and EthereumIn comparing various technologies, the CPA Australia document observes that central banks may require permissioned blockchain networks to meet their privacy, transaction speed, and scalability demands, which public systems like Bitcoin might not fulfill. The report argues that permissionless networks often struggle to meet transaction volume and confidentiality standards required for CBDCs.
According to CPA Australia, Ripple and XRP received support from banks due to their operation on a permissioned model, where only selected nodes validate transactions, in contrast to the decentralized and permissionless approach of Bitcoin and Ethereum.
Building on these points, SMQKE asserted that XRP demonstrates superiority over Bitcoin and Ethereum when assessing suitability for projects such as the digital euro.
Mini dictionary: CPA Australia – An established accounting professional body in Australia, CPA Australia publishes research on financial standards, regulatory developments, and technology in the finance sector, including digital currencies.
PlatformModelBanking SuitabilityTransaction SpeedPrivacyRipple/XRPPermissioned / PrivateTrusted by many banksHighStrongBitcoinPermissionless / PublicLowSlowerLowEthereumPermissionless / PublicLowModerateLowThe report also acknowledges that some aspects of public blockchain architectures can conflict with central bank requirements. It notes, however, that by altering existing blockchain systems to increase control, security, and speed, central banks could meet the technical demands of CBDC initiatives.
Community reactions and regulatory contextResponses to SMQKE’s post emerged from within the XRP community. One prominent member, XRP Army Grunt, accepted that recent developments, such as the involvement of Ripple Prime in the DTCC’s tokenization launch, demonstrate real-world advancements, but emphasized that there is no confirmation of XRP being used by the DTCC or being officially chosen for the digital euro.
Another community contributor, Karla Milenia, shifted attention toward the regulatory environment in the United States. She stated that in the absence of CLARITY Act approval by U.S. lawmakers, crypto adoption could remain slow in the country while other regions continue advancing their digital asset regulations and CBDC developments more rapidly.
Community participants noted that, while Ripple and XRP are referenced in reports and several projects, no official decision has identified XRP as the chosen platform for the digital euro.
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 Crypto Market gained 0.95% to reach $2.19 trillion on July 18, supported by improving regulatory expectations.
Bitcoin, Ethereum, and XRP registered slight improvements as institutional buying came back in exchange-traded funds. Traders also monitored developments around the CLARITY Act. It’s possible that Senate progress has encouraged hopes for clearer rules. It can also enhance the involvement of big investors around the world this week.
CLARITY Act Optimism Fuels Crypto Market Recovery The latest Crypto Market rebound was driven by regulatory optimism the most. Investors are increasingly pushing legislators to develop the CLARITY Act in the next week.
The bill would split the oversight duties between the key financial regulators in the United States. It can also designate Ethereum and some already established tokens as digital commodities.
The framework would help minimize uncertainty among the exchanges, developers, custodians, and institutional investors. Closer legal treatment will have the effect of making companies extend services without the fear of non-uniform enforcement.
In an interview on July 17, Representative Bryan Steil was optimistic about the progress in the Senate. The market participants then concentrated around potential vote between July 20 and July 24.
The odds of the Clarity Act becoming law in 2026 have dropped to 37%.
Do you guys think the Clarity Act will pass this year? pic.twitter.com/XnUG16KhNs
— Ted (@TedPillows) July 18, 2026
The confidence in the legislation was also improving with the predictions market estimates. On July 17, reported passage odds rose to 42% as compared to 30% on 2026. But Senate leaders have not ratified an official floor schedule. The odds of the Clarity Act becoming law in 2026 have dropped to 37%. Any respite would hasten to undermine feeling and strain new acquisitions.
Bitcoin and Ethereum ETFs Attract $168.73M in Inflows Institutional inflows provided another important boost for the Crypto Market. Spot Bitcoin exchange-traded funds reported an inflow of $132 million in net inflows on July 17.
Spot Ethereum funds attracted another $36.73 million during the same trading session. Total inflows as such amounted to 168.73 million, according to SoSoValue.
Spot Bitcoin and Ethereum ETFs Record $132M and $36.73M in Net Inflows
According to SoSoValue data, on July 17 (ET), spot Bitcoin ETFs recorded total net inflows of $132 million, while spot Ethereum ETFs recorded total net inflows of $36.73 million. pic.twitter.com/LU7M0RQzbG
— Wu Blockchain (@WuBlockchain) July 18, 2026
Bitcoin products also received $79.15 million on July 16. The fresh surge of demand came after a tough spell of withdrawals. The Bitcoins funds recorded a thirteen days outflow streak in June. The larger group also experienced eight weeks of consecutive negative flows.
Bitcoin, Ethereum, and XRP Price Outlook Bitcoin price increased by 1.45% to trade around $64,095 in the latest session. The BTC price must hold support between $63,500 and $63,880.
Any stability above that level might prompt another challenge between the resistance of $65,000 and $65,500. A strong breakout may extend the wider Crypto Market rally. However, losing $63,500 could expose Bitcoin to the $62,500 support level.
Ethereum price gained 0.61% and traded around $1,845. Buyers are still interested in support that is near $1,810.
Coin360 The positioning of that level would lead to a potential move to the 100-day exponential moving average at around $1,940. A breakout is possible to award $2,000. Any weakness less than $1,810 may take Ethereum to the level of $1,790.
XRP price rose by 0.60% and traded at close to $1.09. The token should stay above $1.08. The resistance between $1.10 and $1.12 could then be targeted by the buyers. A decline to less than $1.08 can lead to losses to $1.05.
The flow of ETFs and the formal Senate planning of the forthcoming market direction will be closely monitored by traders. Still, momentum is weak, though.
The Clarity Act remains a major focus as the crypto market gains 1.27% to reach $2.19 trillion. Bitcoin price hovered above $64,000, supported by renewed institutional demand. Ethereum price was above $1,800, and XRP was close to $1.08. The Solana price was at hovering of 74, and the Cardano price was rising to $0.166.
Clarity Act Could Reshape Altcoin Regulation The Clarity Act prediction would divide digital asset oversight between the SEC and CFTC. The CFTC would supervise digital commodity spot markets. In the meantime, securities and fundraising would be under the jurisdiction of the SEC.
Proponents are hopeful that the framework will help in minimizing regulatory confusion within the United States. More definite regulations can enhance the trustworthiness of institutions and service providers.
However, the legislation has not passed the full Senate. President Donald Trump had a meeting with Senate Republicans, although the new text never came out. Polymarket traders later reduced the bill’s 2026 passage odds to 39%.
Source: Polymarketcap Representative Bryan Steil remained optimistic during a July 17 Fox News interview. He added that Senate approval would come the next week. Steil stressed the need for American regulatory standards.
XRP XRP price traded near $1.08 on Saturday amid cautious sentiment. Greater regulation may decrease the uncertainty around XRP transactions, exchange services, and institutional adoption. It may encourage banks and payment companies to explore XRP Ledger products.
Demand for spot XRP exchange-traded funds returned on Thursday. According to SoSoValue, the products drew in close to 7 million inflows each day. Cumulative inflows went up to approximately $1.49 billion.
The average net assets in listed funds were approximately 997 million. Further demand in ETFs may absorb the selling pressure and aid in a more stable recovery.
Source: Sososvalue data The first resistance is around 1.10, then 1.15 and 1.16. XRP price must reclaim $1.25 to weaken its broader bearish structure.
Immediate support is close to $1.03. A firm downward break below that may open XRP to a further fall.
Solana (SOL) Solana price rose 0.52% to $74 during the past day. Its performance trailed Bitcoin’s 1.69% gain.
SOL could benefit because it faced previous security-related allegations. Solana was the subject of enforcement cases accepted by the SEC against multiple cryptocurrency exchanges.
A distinct digital commodity structure would reduce compliance issues among exchanges, custodians, and investment managers. The change can facilitate greater institutional involvement.
Solana already has staking, payments, decentralized applications and tokenized assets. The increased confidence would speed up operations in these regions.
SOL price The future SOL outlook must hold support near $74 to protect its recovery attempt. An effective defense might result in resistance around $76.50.
Nevertheless, the possibility of losing $74 may lead to increased selling pressure. The second significant negative target would be around $69.60.
Cardano (ADA) Cardano price gained 3.82% to $0.166 during the past day. It increased at a greater rate than the overall market, which grew by about 1.24%.
ADA may receive the largest proportional benefit from the Clarity Act. This was not the first time that Cardano was experiencing uncertainty following past SEC security claims.
The agency was previously called ADA when it dealt with Coinbase, Binance, and Kraken. These allegations raised eyebrows among trade and institutional service providers.
Source: ADA/USD 4-hour chart: Tradingview The Cardano price should not be below $0.16 to safeguard its near-term structure. Holding that level could support another test of the $0.169 pivot.
Loss of momentum can undermine the recovery. A clear negative trend might drive ADA down to around the mark of support at $0.152.
Galaxy CEO Mike Novogratz on Friday signed a 15-year naming rights deal with Texas Tech, rebranding the home of Red Raider Football as Galaxy Stadium starting with the 2026 season.
What Does The Texas Tech Deal Actually Include?Galaxy becomes the official data center and digital assets partner of Texas Tech Athletics, with branding running across football and men’s and women’s basketball through digital, social, and in-game features.
The deal includes NIL opportunities for Red Raider student-athletes through branded campaigns and original content, creating a direct revenue stream for athletes beyond the naming rights itself.
Texas Tech is coming off a Big 12 title and College Football Playoff appearance, with the newly branded Galaxy Stadium opening September 5 against Abilene Christian.
“Texas Tech has a culture built on grit and loyalty, one of the strongest talent pipelines in the country and a fan base that shows up with real intensity,” Novogratz said.
Why West Texas Makes Strategic Sense For GalaxyGalaxy’s Helios data center campus sits 60 miles east of Lubbock in Dickens County, carrying 1.6 gigawatts of approved capacity for high-performance computing.
The company said a majority of its West Texas buildout spending flows through the Lubbock economy, with Texas Tech graduates already working at Helios today.
The stadium deal extends that regional investment into community and academic territory, with both parties exploring AI research projects, workforce development programs, and expanded commercial applications tied to the campus.
Crypto’s Broader College Sports PushGalaxy’s deal follows Ripple’s move into college athletics earlier this month.
Ripple placed an XRP (CRYPTO: XRP) patch on University of Kansas Jayhawks team jerseys, making it the first cryptocurrency to appear on a major college athletics uniform after the NCAA ruled in January that Division I programs could begin displaying corporate logos starting in August.
Ripple CEO Brad Garlinghouse, a Kansas alumnus, called it a moment where his professional and personal worlds collide.
Beyond the jersey placement, Ripple committed to funding financial and technology education programs for student-athletes and building a talent pipeline connecting Kansas graduates to careers in the tech industry.
Two deals in quick succession point to crypto firms treating college sports as a mainstream brand-building channel rather than a niche sponsorship category, following a path that professional sports arena naming rights established years earlier.
Photo via Shutterstock
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Crypto analyst Dark Defender has issued a new long-term projection for XRP, claiming the asset has entered what he refers to as “Grand Wave 3” in its ongoing market cycle. He shared an updated monthly chart that outlines several stages of anticipated price expansion, beginning at levels significantly higher than XRP’s current trading price.
Long-Term Price Roadmap DetailedAccording to Dark Defender’s latest technical analysis, a move between $5.85 and $8.50 should be seen as the start of a larger advance, not the conclusion. He wrote, “Grand Wave 3 is in motion. $5.85–$8.50 is not the destination. It is the opening act for XRP. Follow the North Star.”
Grand Wave 3 is in motion. $5.85–$8.50 is not the destination. It is the opening act for XRP. Follow the North Star.
The accompanying chart utilizes Elliott Wave principles to illustrate price waves stretching from prior market lows into what the analyst sees as a multi-year advance. The chart indicates that XRP may have completed an earlier corrective phase and could now be moving into a new impulsive wave.
Mini dictionary: Elliott Wave – A form of technical analysis that identifies recurring wave patterns and trends in financial markets, commonly used to forecast future price movements in cryptocurrencies and stocks.
Ambitious Fibonacci Targets Mapped OutSeveral Fibonacci extension levels are noted on the chart as potential future targets, should the projected pattern continue as outlined. The initial key zone is between $5.85 and $8.50. Successive waves could extend toward approximately $18, $35, $74, and above $140, each dependent on the momentum and progression of previous stages. However, the analysis makes clear these are phased developments, not a single immediate surge.
StageProjected Target (USD)Initial advance5.85 – 8.50Secondary extension18Further wave35Advanced wave74Long-term maximum140+The chart identifies a recent corrective wave ending near the current price zone, which the analyst considers a possible springboard for a major breakout. However, all targets presented are grounded in technical analysis and are not confirmations of future price action.
The projection has generated a wide range of responses from within the XRP community. Some voices, such as the user Withered Rose, asked whether it is practical to predict targets above $5 when XRP has yet to reclaim $1.50. Others voiced doubts that XRP would ever reach $5, warning the asset could decline further instead.
Conversely, community member Lottie Bell described the project as still in its early days and stated that XRP’s actual value will ultimately depend on future adoption and the expansion of its ecosystem. She added that patience may be necessary as the digital asset develops real-world utility.
Dark Defender has published a series of technical analyses lasting several years, consistently maintaining that XRP is positioned for a larger trend despite ongoing volatility in the broader digital asset market. XRP is the native digital currency of the Ripple payment protocol, which is designed to enable fast, low-cost international money transfers.
Mini dictionary: Ripple – A technology company specializing in global payment solutions. Ripple developed the XRP Ledger and the XRP token for cross-border transactions by financial institutions.
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 Depository Trust & Clearing Corporation (DTCC), a key institution responsible for the custody of more than $114 trillion in assets and processing of quadrillions of dollars in transactions annually, has entered a new phase in global securities infrastructure. On July 15, DTCC began live, limited production trading of tokenized securities. These initial transactions include assets such as Russell 1000 equities, major exchange-traded funds (ETFs), and U.S. Treasuries. Ripple Prime, a subsidiary of Ripple and a provider of institutional-level cryptocurrency services, plays an active role in this initiative.
Ripple Prime joins DTCC’s tokenization initiativeRipple Prime is participating as a member of DTCC’s 50-firm Industry Working Group, which also includes financial giants like Goldman Sachs, J.P. Morgan, BlackRock, Circle, and Ondo Finance. This group is tasked with establishing standards and protocols for settling tokenized securities. The DTCC plans to expand the service, with full-scale operations expected to roll out in October 2026.
The involvement of such prominent financial actors underscores the growing momentum behind blockchain-based tokenization in the traditional finance sector. Ripple Prime’s inclusion signals a move towards supporting interoperability between crypto assets and conventional infrastructure.
Independent commentator Digital Asset Investor, who frequently covers developments in the digital asset space, remarked on the DTCC’s move in a recent video. He noted that this activity ties into other macro trends, such as ongoing inflation concerns, the Federal Reserve’s stance on cryptocurrency regulation, and pending US legislation known as the CLARITY Act. He linked these themes to the outlook for XRP, the digital asset associated with Ripple.
He referenced broader forces shaping the market, including, “inflation numbers, the Fed’s view of crypto bailouts, and the CLARITY Act,” noting that the DTCC’s live tokenization represents a convergence of these factors.
Mini dictionary: DTCC (Depository Trust & Clearing Corporation) is the main post-trade financial services company for clearing and settling trades in U.S. financial markets.
The case for a higher XRP priceA technical argument was introduced by analyst CharuSan from the XRP community, who emphasized the mathematical requirements facing institutional liquidity. He introduced the concept of “liquidity pool capacity” to illustrate why a higher token price could be necessary for large-scale usage of XRP in cross-border settlement.
He explained that, at a price of $1 per XRP, a $5 billion institutional transfer would require a pool holding 10 to 15 billion XRP. If XRP increases to $100, the same transfer could be supported with only 50 million XRP, making high-value transactions significantly more efficient for major institutions.
ScenarioXRP PriceXRP Needed for $5B TransferLow price$110–15 billionHigh price$10050 millionThis perspective aligns with remarks previously made by Ripple’s CTO Emeritus, David Schwartz, who has argued that XRP cannot remain at a low price if it is to support transactions at institutional scale.
“If major liquidity is required for settlements, raising the XRP price reduces the amount of tokens large institutions must hold in pools. This makes system-wide adoption more feasible,” said CharuSan, as cited by Digital Asset Investor.
Ripple’s continued development of payment rails includes its participation in the x402 Foundation, supporting both XRP and RLUSD as assets designed for AI-driven transaction systems.
Mini dictionary: x402 Foundation is a consortium backing infrastructure for autonomous agent transactions, particularly in artificial intelligence and decentralized finance.
CLARITY Act approaches Senate floorOngoing debates around the CLARITY Act, a legislative proposal aimed at regulatory certainty for digital assets, remain closely watched within the industry. Digital Asset Investor noted that, while there are negotiations over certain provisions, there is reportedly no substantial effort in the US Senate to block the bill outright.
Senator Cynthia Lummis has affirmed that the bill is ready for a Senate vote, highlighting the lengthy period devoted to refining its text over the past ten months.
With DTCC’s tokenization project now operational in limited form, Ripple Prime participating in its industry group, and the CLARITY Act nearing a decisive vote, several market participants point to a combination of catalysts that could have important implications for digital assets such as XRP.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
XRP has lately been showing signs that it could turn bullish after a turbulent month. In fact, the month dragged the altcoin to a year-to-date loss of 41%. At the time of writing though, on-chain data seemed to be pointing to the kind of setup that preceded its last major price run.
Whale activity and a network-to-market-capitalisation reading appeared to flag the token as grossly undervalued, mirroring the conditions that fuelled its previous rally.
XRP’s leverage flush echoes 2024 setup The Estimated Leverage Ratio (ELR) of the XRP Ledger, which measures the depth of leveraged capital channelled into XRP, hinted at the token repeating the pattern that led into its 2024 rally.
During that period, the ELR declined to a low of roughly 0.05 on the chart. A massive flush of leveraged positions in XRP followed, and the price rallied sharply soon after.
Source: CryptoQuant The flush gave way to a significant run that reached 790%. At press time, CryptoQuant data revealed XRP entering a deleveraging phase once again.
Analysts, however, believe that this is neither a fractal nor a guaranteed sign that XRP will rally.
Even so, XRP’s Open Interest over the past year reflected this unwinding, falling from $10.94 billion to $2.39 billion for a decline of roughly 78%. This marked a clear outflow of leveraged capital worth about $8.55 billion from the market.
Are XRP whales accumulating steadily? While the leverage flush is no guarantee of a rally, on-chain data also tracked an interesting trend that could support the price overall.
Whales, the investors controlling a significant amount of capital, have come to dominate XRP’s spot average order size. This seemed to imply that they are the most influential force in the market right now.
Source: CryptoQuant Exchange reserve data can give us clearer context to what this group has been doing though. The chart hinted at a fall in reserves, with the figure falling from 2.62 billion to 2.61 billion from 10 July.
In dollar value, roughly $57 million has flowed out of exchange balances into private wallets, moved by these whale wallets within the same period. A finding like that typically signals an ongoing but gradual accumulation of the asset, adding to its overall structure.
NVT ratio points to undervaluation Finally, an analysis of the network value to transactions (NVT) data on the chart showed that XRP may be presently undervalued.
The NVT ratio determines undervaluation or overvaluation by weighing market capitalisation against transaction volume in the market. When the ratio sits on the lower side of its historical range, it implies the asset is undervalued and has been oversold.
At the time of writing, the NVT ratio had a reading of 312.8, implying that network activity in terms of transactions has been minimal.
Until there is a clear uptick in the NVT, a high chance remains that the market stays undervalued. In fact, the reading is also evidence that whales may be purchasing XRP when it is trading at a discount.
Final Summary XRP now replicating the same market conditions that came before its 790% surge in 2024. Large investors are quietly buying and pulling XRP off exchanges.
Is this XRP's path forward and toward a $1 trillion market cap?
Ripple’s token is frequently the object of rather massive and sometimes far-fetched price predictions. While these might get the necessary attention during bull market rallies, it’s rather hard to imagine most of them materializing when the underlying asset struggles at 70% away from its ATH.
However, similar market conditions are usually what is required for full capitulation before the next leg up occurs. Today, we will dissect EGRAG CRYPTO’s vision for XRP and its path toward a market cap of $1 trillion.
Kaboom 4 Has Begun EGRAG is known for being quite generous in its XRP price analysis, often outlining targets above $10 for the next cycle’s peak. In his latest take, the analyst noted that the cross-border token’s monthly market cap continues to follow a macro pattern that has repeated throughout its 14-year history.
He argued that every major cycle has started with a retest of a long-term ascending structure alongside the 33-period simple moving average before triggering an explosive rally. These so-called ‘Kaboom’ phases produced numerous staggering expansions in the past, including a 95% surge during the first, while the subsequent two generated gains of around 15x.
EGRAG is now convinced that XRP has entered the fourth iteration of the same pattern and has identified $64.1 billion, $48.8 billion, and $37.2 billion as the key support levels for the market cap that it needs to hold to validate the bullish structure.
If that happens, EGRAG predicted the next targets according to the Fibonacci extensions at $130 billion, $310 billion, $493 billion, and ultimately $955 billion.
Although he acknowledged that a long-term symmetrical triangle projection could theoretically point toward a market cap above $2 trillion, he considers the $1 trillion target the more conservative and achievable objective.
You may also like: Binance XRP Reserves at Lowest Since February as Ripple Price Defends Key Support XRP and ETH Traders Turn Bullish as FOMO Surges to 5-Week High: Santiment 3 Years After The Key Ripple-SEC Ruling: How XRP Went From SEC Target to Institutional Asset How Realistic Is It? While these trillion-dollar targets sound unrealistic at the moment, given the current XRP market cap of under $70 billion, it’s worth noting that the token has repeatedly surprised investors in the past.
Nevertheless, going from under $70 billion to $955 billion would require a massive 1,250%+ surge. It isn’t theoretically impossible, but the current market environment is far from favorable, to say the least.
A $955 billion market cap would mean a price tag of well over $10 for XRP even as new coins are unlocked monthly. It would also make the asset significantly larger than ETH (compared to current figures), and close to BTC, which is the only cryptocurrency to go within a trillion-dollar market cap territory.
What can potentially support such a major run is the growth of the company behind it. Ripple has made major moves in the past year or so, including big acquisitions, regional expansions, and partnerships, but they have failed to boost its underlying asset.
The ETF inflows would also have to shoot up toward the levels seen after their launch in late 2025, not the ongoing lack of interest.
Consequently, while it’s possible for XRP to reach the aforementioned massive targets, it would require substantial narrative changes, improved market conditions, better risk-on asset perception, and everything in between that can help it.
Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
A major XRP breakout may be approaching after a difficult first half of the year, during which the token lost 27.1% in Q1 and another 22.4% in the second. Technical charts and seasonal data have now produced a rare alignment for the breakout to happen.
On the daily TradingView chart, XRP is trapped inside a descending broadening wedge, a pattern considered a classic late-stage accumulation formation. The exhaustion of selling pressure is also confirmed by the RSI indicator, which has formed a bullish divergence, while buyers continue to defend the local bottom at $1.05.
Historical data from CryptoRank confirms that Q3 has traditionally been the most stable period of the year for XRP. Over the past seven years, Q3 has not closed in negative territory once.
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XRP price action of a daily chart, Source: TradingView You Might Also Like
July's current return remains a modest 4.19%, but historical cycles show that the token regularly uses the middle of summer to recover from sharp June declines. XRP fell 22.1% in June 2026. In July 2023, following an early-summer decline, the token delivered a 47.6% rally, while a similar reversal in July 2025 generated a 35% return for investors.
Given the median Q3 return of 25.8%, the price spring compressed over the past six months has accumulated significant mathematical upside potential.
XRP road to $1.60: What could stall the reversal ahead of Q4XRP is currently trading near $1.08 and, to confirm a breakout from the wedge and trigger a new growth wave, buyers must break through and secure the price above the $1.12–$1.18 resistance zone.
A successful breakout above this wall would open the way toward medium-term targets in the $1.45–$1.60 range, representing projected upside of roughly 50%.
An immediate move higher could be limited by broader market stagnation and a temporary slowdown in inflows into US spot XRP ETFs. Nevertheless, the current consolidation inside the wedge is creating a strong base ahead of Q4, when XRP's average historical return reaches a record 133.3%.
On its chart, XRP has reached a crucial point where the next move could decide whether the asset eventually stabilizes or continues its wider downtrend. XRP is trying to establish a base close to the $1.08 area following months of intense selling pressure, but the technical picture is still unstable.
XRP's stabilization is on the lineXRP is trapped inside a narrowing wedge pattern on the daily chart. Squeezed between rising support and falling resistance, the price is currently trading around $1.08. For traders, the upcoming sessions are particularly crucial because these formations usually precede a larger directional move. Bulls should take heart from the fact that XRP is no longer setting aggressive new lows.
Buyers have consistently defended the $1.00–$1.05 zone since the severe sell-off in June. The emergence of higher lows indicates that market demand is progressively rebounding. Resistance is still quite strong, though. XRP is still trading below its exponential moving averages for the next 20, 50, and 100 days, which are around $1.10, $1.14, and $1.25, respectively.
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XRP/USDT Chart by TradingViewThe 200-day EMA, which stands at $1.45 above those levels, is the final barrier separating XRP from a true long-term recovery. Additionally, volume has stayed comparatively low during the consolidation phase. Although buyers have not yet demonstrated enough conviction to force a breakout, sellers are no longer controlling the market as they did earlier in the year.
This lack of involvement frequently leads to unstable conditions where a small amount of selling pressure can cause another decline. The momentum is neutral to bearish, as indicated by the Relative Strength Index, which is currently close to 44. Although the indicator has moved out of oversold territory, it is still below the crucial 50 level, which is frequently associated with more robust bullish trends.
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The immediate support area for XRP is still around $1.05. A break below that level could lead to a retest of the psychological $1.00 area and invalidate the recent series of higher lows. The asset's developing structure would be seriously harmed by losing that support. On the upside, a move through $1.10 and a breakout above the declining trendline would be the first indication that bulls are taking back control.
Thus, the stability of XRP's price is at stake. Although the asset is no longer in free fall, it has not yet demonstrated that a long-term recovery is in progress. The direction of XRP for the rest of the summer may be determined by the next breakout from this narrowing range.
Shiba Inu's turning pointShiba Inu is exhibiting the first indications that a possible bottoming process might be under way following months of unrelenting selling pressure. Although a complete trend reversal cannot yet be declared, the most recent chart structure indicates that SHIB may be nearing a significant turning point.
SHIB has been consolidating just above its recent lows for the past few weeks, and it is currently trading close to $0.00000412. In contrast to earlier sell-offs, the token is still in a wider downtrend, but it is no longer making sharp new lows. That shift alone merits consideration.
SHIB/USDT Chart by TradingViewThe behavior of momentum is the most significant finding. With a Relative Strength Index close to 34, SHIB is in the vicinity of oversold territory. Long stretches below 40 have historically been linked to seller fatigue. Oversold conditions often precede stabilization phases, but they do not guarantee a reversal.
There is also a slight improvement in price action. Instead of the steep waterfall declines observed earlier in the year, SHIB has experienced a series of comparatively shallow pullbacks since the steep decline in June. Volatility has significantly decreased, which frequently occurs in the vicinity of significant bottoms as both buyers and sellers lose conviction. The technical picture, however, is still far from optimistic.
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All of the major moving averages are still above SHIB. The 50-day EMA is close to $0.00000446, the 20-day EMA is close to $0.00000437, the 100-day EMA is close to $0.00000516, and the 200-day EMA is close to $0.00000620. Before any significant recovery can be verified, buyers would need to climb this significant resistance ladder. Volume is another concern.
The buying volume has not increased sufficiently to indicate aggressive accumulation, even though selling pressure has decreased. There is currently no discernible increase in demand, which is typically present during true market bottoms.
The most important level to keep an eye on is the current floor at $0.00000400. There is still a chance that a long-term base will form as long as SHIB stays above that region. Much of the stabilization narrative would be refuted by a clear break below it, leaving the token vulnerable to further declines.
Ethereum's mini-signalA mini-golden cross is starting to form on the daily chart, indicating one of Ethereum's most positive technical developments in months. The signal shows increasing momentum and may be an early sign that the market is moving away from the extreme bearish conditions that dominated the first half of the year, even though it is not as significant as a typical 50-day/200-day crossover.
More significantly, what many traders call a 'mini-golden cross' was created when the 20-day exponential moving average crossed above the 50-day EMA. This crossover, which indicates that short-term momentum is starting to outperform medium-term price action, frequently occurs in the early phases of more significant trend reversals. In contrast to earlier attempts at recovery, Ethereum has also succeeded in rising above both moving averages. Right now, the 50-day EMA is around $1,740, and the 20-day EMA is close to $1,776.
ETH/USDT Chart by TradingViewCollectively, they create a zone of support that buyers have successfully maintained throughout July. Bulls are still in danger, though. Ethereum has entered one of the chart's most significant resistance zones as a direct result of the recent surge. The 200-day EMA is still significantly higher at $2,210, while the 100-day EMA is close to $1,940. Sellers are still active whenever Ethereum approaches significant resistance, as evidenced by the most recent rejection from the $1,900–$1,950 range.
The volume offers some motivation. Increased participation has coincided with the recovery from June's capitulation low, indicating that real buying demand rather than just short-covering is driving the move. With the Relative Strength Index rising to roughly 55, momentum is firmly in the neutral-to-bullish range.
Ethereum still has room to grow before overheating, in contrast to earlier rallies that swiftly became overextended. Currently, $1,940 is the crucial level to keep an eye on. The bullish case would be greatly strengthened by a breakout above the 100-day EMA, which might pave the way for the psychologically significant $2,000 mark. Additionally, this move would bring the 200-day EMA into focus for the first time in months.
Bitcoin traded around $64,000 on Friday as spot ETF inflows remained positive, while crypto market sentiment stayed in the Fear zone.
Notable Statistics:
Coinglass data shows 112,566 traders were liquidated in the past 24 hours for $438.29 million. SoSoValue data shows net inflows of $79.2 million from spot Bitcoin ETFs on Thursday. Spot Ethereum ETFs saw net outflows of $28.04 million. In the past 24 hours, top gainers include DeXe, Pi and Quant. Notable Developments:
Trader Notes:
Crypto chart analyst Ali Martinez explained that dormant Bitcoin moved on-chain in large amounts over the past 24 hours, signaling a potential increase in volatility. Historically, spikes in old coins changing hands have often preceded major price moves in the Bitcoin market.
Trader Jelle notes that every previous Bitcoin bear market bottom formed below the 0.618 Fibonacci retracement of the prior bull cycle. While Bitcoin has now tested that key level for the first time, they argue history suggests the final bear market low may still lie ahead despite growing optimism that the bottom is already in.
Trader KillaXBT says Bitcoin must reclaim the $63,600–$63,800 resistance zone to maintain bullish momentum. Failure to break above this key area, aligned with the weekly open, could trigger a corrective move toward $61,000.
Image: Shutterstock
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SBI Group, a major Japanese financial conglomerate and long-standing Ripple partner, has announced a strategic partnership with Ondo Finance to introduce tokenized Japanese equities for both domestic and international markets.
Strategic partnership taps blockchain for Japanese equitiesUnder the new agreement, Ondo Finance, recognized for its expertise in tokenizing real-world assets, plans to issue digital representations of Japanese stocks through its affiliate, Ondo Global Markets (BVI) Limited. SBI Group will leverage its extensive financial network in Japan to distribute these tokenized equity products, aiming to provide broader access to one of the world’s largest capital markets.
A key element of the collaboration is the use of SBI’s JPYSC stablecoin for settlement and as collateral within the platform. This approach enables blockchain-based trading of Japanese equities, connecting traditional markets with the expanding global ecosystem of tokenized assets.
Both companies emphasized that the partnership will involve wider cooperation beyond mere distribution. They have agreed to promote each other’s products and services, seeking to accelerate institutional and retail adoption of tokenized financial instruments in and outside Japan.
Ian De Bode, CEO of Ondo Finance, highlighted Japan’s advanced capital markets and pointed to SBI’s reach as instrumental in bringing Japanese assets onchain for both domestic and international investors.
De Bode described the alliance as a way to bridge Japan’s sophisticated finance sector with the global tokenized economy, while enabling blockchain-based yen settlements.
Mini dictionary: SBI Group is one of Japan’s largest financial services companies, involved in banking, securities, asset management, and fintech solutions.
SBI-Ripple ties boost the tokenization landscapeThis partnership comes immediately after another milestone for Ondo Finance. In the previous month, the XRP Ledger (XRPL) surpassed Ethereum and Solana to become the leading blockchain for Ondo’s tokenized U.S. Treasury fund, hosting approximately $274 million in on-chain assets. This development marks a significant step in establishing XRPL as a preferred network for institutional-grade tokenized products.
Ripple is not directly involved in the latest SBI-Ondo initiative. However, the move draws attention due to SBI Group’s influential relationship with Ripple, which began in 2016. SBI is now among Ripple’s largest shareholders and one of the main proponents of XRP and blockchain adoption throughout Asia.
The two companies established SBI Ripple Asia, facilitating modernization of cross-border payments for regional banks and supporting broader enterprise integration of blockchain technology through the XRP ecosystem.
SBI Group’s involvement in digital asset initiatives extends into regulated exchanges, asset custody, and the creation of stablecoins. Recently, SBI VC Trade became the first regulated entity in Japan to support Ripple’s RLUSD stablecoin, underscoring its commitment to Ripple’s ecosystem.
As blockchain-based tokenization changes the global financial landscape, SBI’s alliance with Ondo Finance enhances its leadership in this emerging sector. The collaboration also expands the institutional ecosystem around the XRP Ledger, highlighting its rising prominence in the growing market for tokenized real-world assets.
Beyond digital equities, SBI’s expanded tokenization strategy positions it strongly within next-generation blockchain finance and reinforces the XRPL’s role as a core infrastructure provider for asset tokenization.
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 remains under pressure across both its USDT and BTC trading pairs, with the broader market structure still favoring sellers. While the token has managed to stabilize above nearby support on the dollar chart, its Bitcoin pair continues to print lower highs and lower lows, highlighting persistent relative weakness.
Ripple Price Analysis: The USDT Pair The daily chart shows XRP trading around $1.08 after an extended decline within a well-defined descending channel. Although the asset has recently moved sideways instead of extending its losses, the broader trend remains bearish as it continues to trade below both the 100-day and 200-day moving averages. These levels are also sloping downward, reinforcing the prevailing negative momentum.
Following the sharp breakdown in June, XRP has established a consolidation range between the $1 support zone and the $1.25 resistance area. Buyers have repeatedly defended the lower boundary, but every recovery attempt has been rejected before reclaiming the declining 100-day moving average or breaking above the channel’s higher boundary, indicating that bullish momentum remains limited.
A breakout above the $1.25 resistance would be the first sign that buyers are regaining control and could expose the descending channel’s upper boundary as the next major hurdle. Until then, the broader structure continues to favor further downside, with a loss of the $1 support opening the door toward significantly lower demand zones.
The RSI is hovering near the neutral 50 level, reflecting the current balance between buyers and sellers after weeks of heavy selling pressure. However, without a decisive bullish breakout, the indicator does not yet suggest a meaningful shift in trend.
The BTC Pair The XRP/BTC daily chart paints an even weaker picture. The pair has remained inside a long-term descending channel for nearly a year while consistently trading beneath both the 100-day and 200-day moving averages, highlighting sustained underperformance against Bitcoin.
After several failed recovery attempts during May and June, XRP/BTC has finally dropped below the key horizontal support around 1,720 sats. This level has repeatedly attracted buyers over the past few months, but each rebound has produced another lower high, signaling that selling pressure continues to dominate.
On the upside, the next important resistance sits around the 1,850 sats region, where previous support has turned into resistance. A move above this area would improve the short-term outlook, but the descending channel and the 200-day moving average near 2,000 sats remain the primary barriers to a broader trend reversal.
Meanwhile, the RSI remains below the midpoint, suggesting that momentum still favors the sellers. Unless XRP/BTC can reclaim key resistance levels and break its long-term bearish structure, the pair appears vulnerable to another test of the channel’s lower boundary, which is now located around 1,500 sats.
Polymarket odds of the Crypto Clarity Act being signed into law in 2026 fell to 35% Thursday after Senate Democrats said they would not support the current version of the bill over unresolved ethics provisions.
Why Are Democrats Walking Away?Democrats want stronger guardrails on Donald Trump’s crypto dealings and said the Republican version of the ethics language falls short on both conflict-of-interest protections and consumer safeguards, Politico reported Thursday.
Senator Ruben Gallego (D-AZ), a key negotiator on the bill, said the version heading to the White House gives the president too much room to continue what he called his “grift” in crypto.
“At the end of the day, we don’t have strong ethics. I don’t care what the president says. You’re not going to have the Democratic votes,” Gallego said.
A Democratic Senate aide added that Republicans were presenting something to the White House that Democrats had never seen or agreed to.
Senator Cory Booker (D-NJ), who has been working on the CFTC portion of the bill, urged Republicans not to release text before ongoing negotiations wrapped up.
Moreover, Senator Bernie Moreno (R-OH) pushed back directly, calling the bill’s ethics provision “the strongest of any piece of legislation ever passed by any Congress” and said the time for a vote has arrived regardless of where Democrats stand.
What Happens If Democrats Don’t Show Up?The bill needs 60 votes to advance in the Senate, which means Republican support alone is not enough.
Without at least some Democratic crossover, the Clarity Act cannot clear the chamber before the August 7 recess deadline.
The House is holding a hearing on the crypto market structure bill Thursday, one of the most closely watched crypto policy events of the year.
The White House is pushing lawmakers to advance the legislation before recess, but the Senate math does not work without bipartisan support.
Meanwhile, Ripple Chief Legal Officer Stuart Alderoty framed the stakes from the industry side. “A vote against the Clarity Act is a vote to leave the same unregulated conditions in place to be exploited by bad actors,” Alderoty wrote.
What Does This Mean For Crypto Markets?Regulatory uncertainty has been one of the key overhangs on institutional crypto adoption all year.
Lawmakers designed the Clarity Act to remove years of uncertainty over whether the SEC or the CFTC regulates digital tokens, giving exchanges, token issuers, and institutional participants clearer rules.
With Polymarket odds dropping to 35% and Democrats signaling they will not vote for the current text, the timeline for that clarity has moved further out, keeping the regulatory risk premium in crypto prices intact heading into the second half of 2026.
Photo via Shutterstock
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XRP is showing deleveraging signs that resemble the conditions before its sharp rally in late 2024.
Recent market data shows a decline in speculative trading, with Binance’s estimated leverage ratio (ELR) dropping to 0.16, one of its lowest readings since November 2024.
For the uninitiated, the estimated leverage rating metric compares open interest with exchange reserves to show how much leverage traders are using.
The current figure is also close to the April 2026 low of 0.15, which appeared during XRP’s earlier correction. Meanwhile, amid these conditions, XRP has dropped about 70% from its 2025 high of $3.6 and now trades around $1.10.
What Lower Leverage Means for XRP The decline in the ELR mainly indicates a drop in leveraged futures positions, not necessarily changes in spot holdings.
As the market corrected, many leveraged trades were closed, causing open interest to fall. Binance’s XRP open interest now stands at about $375 million, below the highs seen over the past year.
This sort of deleveraging often leaves the market in a healthier position. Notably, high leverage increases the risk of forced liquidations, where one liquidation triggers another and causes sharp price swings.
However, when leverage falls, that risk becomes smaller. As a result, the market tends to become more stable, giving future price moves a stronger foundation. Current derivatives data suggests speculative trading has cooled, leaving the market far less overheated than it was before.
The Current Situation Looks Similar to 2024 The present market structure shares several similarities with the period before XRP’s late-2024 rally. During the middle of 2024, XRP traded near $0.40 while the estimated leverage ratio gradually dropped to around 0.05, the lowest point of that cycle.
While the price moved within a narrow range for months, the derivatives market quietly reset before buying momentum returned.
XRP Estimated Leverage Ratio | CryptoQuant This reset eventually led to a rally of more than 790%, lifting XRP above $3.6 as leverage gradually increased alongside the price.
If XRP were to repeat the same percentage gain from its current price of about $1.10, it would reach roughly $9.80. However, this figure only represents a mathematical comparison with the previous rally and should not be viewed as a price prediction.
Institutional forecasts remain much more cautious. Standard Chartered recently lowered its year-end 2026 XRP target from $8 to $2.8, but the bank maintained its 2030 target at $28.
XRP Sees Bullish Whale Activity On-chain activity also points to growing confidence among large investors. Whale wallets holding between 100 million and 1 billion XRP added about 1.3 billion XRP within a 48-hour period in early March 2026.
Large amounts of XRP also continued leaving exchanges. On March 10, investors moved roughly $738 million worth of XRP into cold wallets in a single day, making it one of the largest exchange outflows of the year.
Whale buying remained strong through April, when the biggest holders purchased more than 11 million XRP each day, marking the fastest pace of accumulation in around 10 months.
The trend continued into July. Transfers of more than 1 million XRP on Coinbase increased from about 10% of all withdrawals on June 16 to 25.7% by July 1. Data also shows that more than 90% of XRP leaving exchanges now goes into private wallets controlled by large holders instead of returning to trading platforms.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
XRP-associated blockchain payment firm Ripple has been officially listed on Europe's MiCA register by the European Securities and Markets Authority (ESMA) following its recent licensing in the region.
The listing comes amid the addition of 14 new crypto firms that have now become fully authorized to operate as licensed crypto asset service providers in Europe.
Ripple Payments Europe gains full CASP authorization Following this development, the European payment arm of the renowned blockchain firm, Ripple Payments Europe SA, has gained full authorization to operate in Europe.
Coupled with its recent licensing in Luxembourg, Ripple can now deliver its crypto services to financial institutions and businesses across all 30 countries of the European Economic Area.
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With Ripple Payments Europe now added to the MiCA register alongside 14 other crypto firms, the total number of licensed crypto asset service providers (CASPs) in Europe has increased to 294.
XRP in spotlight While this marks a major milestone for Ripple, it has also put its associated crypto assets, including XRP, in the spotlight, as it positions them for broader adoption.
With Ripple fully eligible to deliver its crypto payment services in Europe, Ripple-based token projects XRP, XRPL, and RLUSD are set for stronger real-world use cases.
Large holders of XRP have acquired a combined 70 million tokens over a recent five-day stretch, according to on-chain metrics shared by crypto analyst Ali Martinez. Data provided by blockchain analytics platform Santiment tracks the movement of XRP by measuring the balances held in wallets identified as controlled by whales, a term widely used for entities holding substantial amounts of cryptocurrency.
Whale accumulation gathers paceSantiment’s data reveals that on July 11, whale wallets controlled about 3.77 billion XRP. The next few days saw a notable upward trend, as these wallets steadily increased their holdings. By July 14, the collective balance had reached 3.83 billion XRP, maintaining that level through July 15. This jump of 70 million tokens into whale-controlled wallets points to a phase of concentrated buying activity over a relatively brief period.
The swift increase is unusual compared to previous trading patterns, where holdings by these large accounts remained stable. The period between July 12 and July 14 recorded the most significant buying, accounting for the majority of the gains during these five days. Despite a slight dip on July 15, whale holdings remained within close range of the recent peak.
Institutional interest suspectedSuch accumulation at scale is rarely associated with typical retail investors, who generally lack the capacity for transactions of this size. Instead, analysts point to likely participation by institutional players or high-net-worth individuals actively building positions. Wallet-level data from Santiment indicates the tokens were not simply transferred between existing wallets but acquired as part of direct purchasing in the open market.
This behavior reflects a broader institutional trend, as some investors seek to gain significant exposure to XRP at current price levels.
Mini dictionary: Santiment, a blockchain analytics company that provides on-chain and social media data for cryptocurrencies, enabling investors to monitor large wallet activity, market trends, and other real-time blockchain movements.
Analyst reaction highlights new trendThe accumulation by whales has drawn attention from the analyst community. CryptoSensei, an established market observer, noted the connection between rising whale wallet balances and a parallel drop in exchange-based XRP supply. The ongoing reduction in the number of XRP tokens held on trading platforms indicates that fewer assets are readily available for sale. Meanwhile, whale wallets are absorbing large portions of the remaining supply.
The combination of increased whale accumulation and falling XRP balances on exchanges marks a shift that analysts believe may affect liquidity and potentially alter market dynamics.
At present, XRP’s supply on major exchanges stands at a multi-year low in 2026. This decreasing availability intensifies the impact of new purchases, as each buy order represents a higher proportion of the remaining liquid supply.
DateXRP Whale Holdings (Billion)XRP on Exchanges (Trend)July 11, 20263.77FallingJuly 12, 20263.78FallingJuly 14, 20263.83FallingJuly 15, 20263.82FallingSupply dynamics and price landscapeA combination of intensive buying by large investors and shrinking exchange reserves creates tighter conditions on the sell side of the market. In such scenarios, any increase in demand can have outsized effects, as the pool of immediately available tokens continues to shrink. However, analysts emphasize that constrained supply on its own does not ensure a price increase, but it does set the stage for potential market movement.
XRP is currently trading near $1.09, still significantly below its July 2025 high of $3.65. Recent whale activity suggests that these participants view present valuations as favorable for accumulation rather than distribution.
Whale accumulation and declining exchange balances are two factors that traders and market observers are monitoring closely as possible precursors to changes in market momentum.
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 Payments Europe SA, the European arm of blockchain technology company Ripple, has received full authorization as a crypto asset service provider (CASP) in Europe. The new approval enables the company to operate legally throughout the 30 countries forming the European Economic Area, significantly broadening its capacity to offer crypto payment and asset services to both businesses and institutions.
European expansion for RippleThis authorization follows Ripple’s recent licensing in Luxembourg, which has positioned Ripple Payments Europe for comprehensive service delivery across the region. Ripple’s European entity now joins 14 other newly listed crypto firms to become officially registered under Europe’s Markets in Crypto-Assets (MiCA) regulation framework.
According to the latest update, the total number of crypto firms holding CASP licenses in Europe has reached 294. The regulatory move aims to enhance oversight and establish common standards for crypto companies, facilitating safer and more transparent digital asset operations within the EEA.
Ripple is a global blockchain company best known for developing payment solutions and supporting digital asset projects such as XRP and the XRP Ledger (XRPL). Its newest stablecoin, RLUSD, and existing projects are now positioned for broader adoption across the European financial sector.
With the newly acquired CASP license, Ripple can expand partnerships with European financial institutions and provide licensed crypto payments and services. The move is expected to offer businesses improved access to blockchain-based remittance, settlement, and tokenization services.
Mini dictionary: CASP (Crypto Asset Service Provider): A regulatory classification under the EU’s MiCA framework, granting firms the legal right to offer crypto-related services, including custody, exchange, and transfer of crypto assets within participating countries.
Spotlight on Ripple and its assetsMarket observers note that Ripple’s expanded regulatory compliance could drive further institutional and commercial adoption of its digital assets. This includes the XRP token—used for real-time cross-border payments—and the XRPL decentralized ledger network, as well as RLUSD, Ripple’s upcoming stablecoin project.
By meeting EU regulatory standards, Ripple and its associated assets may see improved integration into the region’s financial infrastructure. The expansion is seen as an important step for Ripple, which is seeking to grow its presence beyond its established footprint in the US and Asia-Pacific regions.
Ripple has become fully eligible to deliver crypto payment services in Europe, positioning XRP, XRPL, and RLUSD for stronger real-world use cases as the adoption of regulated blockchain payments increases among European institutions.
The listing comes amid a broader push by European regulators to strengthen oversight of digital asset firms operating in the region. Ripple Payments Europe’s registration alongside additional crypto companies underscores growing regulatory acceptance of blockchain and crypto services throughout Europe.
ProviderRegion CoveredCASP ApprovedRipple Payments Europe SAEuropean Economic Area (30 countries)YesOther crypto firms (14 newly added)European Economic AreaYesTotal CASP-licensed providersEurope294Disclaimer: 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.
Evernorth, a crypto treasury company, has assembled more than 470 million XRP as part of an ambitious plan to list on the Nasdaq under the ticker “XRPN” through a special purpose acquisition company (SPAC) merger. Dr. Kamilah Stevenson, a wealth educator with expertise in digital assets, highlighted the company’s growing XRP holdings as a signal of increasing institutional conviction in the cryptocurrency.
Institutional strategy behind EvernorthEvernorth’s core model centers on holding XRP on its balance sheet for shareholders, essentially transforming the company into a corporate vault for the digital asset. Once the company is publicly listed, purchasing its shares would give investors indirect exposure to the XRP pool, similar to how some public companies have structured their balance sheets around Bitcoin holdings.
Unlike firms that simply speculate on crypto prices, Evernorth’s stated mission is to remove XRP from circulation and warehouse it for the long term. Dr. Stevenson emphasized that this is a balance-sheet allocation, not a short-term trading play, with all transactions and holdings disclosed in public regulatory filings.
Stevenson noted the distinctive nature of Evernorth’s approach, drawing a comparison to similar strategies used by companies that focus exclusively on Bitcoin. Her analysis pointed out that Evernorth’s model offers institutional investors a new avenue to gain exposure to XRP through equity markets.
Backing and regulatory processMajor industry names have committed to Evernorth, including Ripple—the company behind the XRP Ledger—SBI, Pantera Capital, Kraken, and Arrington Capital. These backers have reportedly pledged more than $1 billion in capital to support the corporate structure.
Evernorth’s proposed Nasdaq listing remains incomplete, as the process still requires regulatory approval and consent from shareholders. Stevenson underlined that the plans are currently in the filing stage with relevant authorities and that no trading of XRPN shares can take place until permissions are secured.
Publicly available filings are being used to transparently document Evernorth’s operations, a process designed to provide both investors and regulators with confidence in the company’s strategy.
Mini dictionary: Special Purpose Acquisition Company (SPAC) – A SPAC is a publicly listed company created for the purpose of acquiring or merging with another company to facilitate taking that company public without a traditional initial public offering (IPO).
Company/BackerRole/ContributionRippleStrategy backer, technology providerSBI (Japan)Strategic investment, capital providerPantera CapitalInstitutional investorKrakenExchange support, possible liquidity partnerArrington CapitalVenture backer, capital commitmentImplications for individual investorsDr. Stevenson, who has significant experience educating on wealth strategies in crypto markets, cautions that Evernorth’s strategy is not directly instructive for retail investors. She distinguishes between the financial engineering available to corporations and the personal risk that comes from borrowing heavily to invest in volatile assets like XRP.
She urges smaller investors to focus on tax-efficient structures, such as maintaining digital assets in tax-advantaged accounts like Roth IRAs. This approach, Stevenson argues, enhances wealth preservation and asset protection without resorting to high leverage or risky borrowing practices.
The goal for individuals, according to Stevenson, should be disciplined asset accumulation and risk management, rather than attempts to mimic sophisticated corporate treasury operations. She also highlights the importance of regulatory compliance and prudent financial planning in the context of crypto wealth management.
Evernorth’s approach to XRP is structured for long-term balance-sheet strength rather than speculative trading, reflecting a conviction-based corporate strategy that public investors will soon be able to access if the listing moves forward.
In summary, while Evernorth’s trajectory may offer institutions and investors a unique channel into XRP exposure, Stevenson makes clear that regulatory processes remain ongoing and retail strategies should prioritize sustainable wealth management over aggressive financial engineering.
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 (XRP) edges toward $1.00 at the time of writing on Friday, weighed down by broader risk-off sentiment in the cryptocurrency market. The decline comes after a short-lived macro-driven rally as inflation in the United States (US) showed signs of easing.
However, pressure has remained apparent as market participants continue to assess the impact of the persistent war between the United States (US) and Iran.
“If both parties fail to return to the negotiation table, the risk of further structural damage to energy infrastructure across the region remains high, threatening a prolonged Crude and distillate supply crunch and higher inflation,” Simon-Peter Massabni, Head of Business Development at XS.com, said.
XRP attracts modest capital inflows The crypto Fear & Greed Index is embedded in the Fear territory at 27 on Friday, marking a marginal improvement from 25 in the Extreme Fear territory the day before. This outlook indicates that appetite for risk assets is improving, albeit gradually, as evidenced by inflows into XRP digital investment products.
Crypto Fear & Greed Index | Source: AlternativeDemand for XRP derivatives has gradually increased this week, with the perpetual futures Open Interest (OI) averaging 2.23 billion XRP on Friday, up from 2.19 billion XRP the previous day. A broader scope shows OI averaged 2.1 billion XRP on Monday, underscoring steady growth in risk-on sentiment.
XRP Futures OI | Source: CoinGlassMeanwhile, demand for XRP spot ETFs returned on Thursday, attracting nearly $7 million in inflows, according to SoSoValue data. This positive turnaround comes after three days where activity remains muted.
Still, cumulative inflows edged higher to $1.49 billion, with net assets averaging $997 million. Sustained appetite for US-listed ETFs is needed to absorb the selling pressure in the spot market and support a steady rebound.
XRP ETF flows | Source: SoSoValue Price analysis: XRP remains pressured toward $1.00XRP trades at $1.08, keeping a bearish near-term tone. The spot price holds below the 50-day, 100-day and 200-day Exponential Moving Averages (EMAs) at $1.15, $1.25 and $1.45, respectively. The pair also trades under the Bollinger Bands middle layer at $1.09, highlighting persistent overhead supply.
Moreover, the Moving Average Convergence Divergence (MACD) histogram remains marginally positive, hinting at only modest recovery attempts against a capped structure. The Relative Strength Index (RSI) near 44 stays below the midline, reinforcing a subdued bias and suggesting rallies could struggle to sustain beyond nearby resistance.
XRP/USDT daily chartInitial resistance emerges at the Bollinger middle layer near $1.10, followed by the 50-day EMA at $1.15, with a stronger barrier at the Bollinger upper layer around $1.16. Above there, the 100-day EMA at $1.25 and the 200-day EMA at $1.45 outline a broader bearish framework and would need to be reclaimed to ease downside pressure.
Looking down, immediate support is provided by the Bollinger lower boundary at $1.03. A decisive break below this floor would open room for a deeper slide, whereas holding above it keeps scope for short-covering bounces back toward the $1.10 area.
(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.
XRP withdrawals from Binance have surged this week, reaching their largest share of transaction activity since 2024. According to research from CryptoQuant contributor Amr Taha, XRP withdrawal transactions on Binance climbed to 54.5% on July 17, outpacing deposit transactions by the widest gap seen in nearly two years.
Deposit transactions hit new lowsMeanwhile, XRP deposit transactions on Binance fell to 45.4%, marking a new low compared to the previous record of 46.7% recorded in June 2025. This widened the gap between withdrawals and deposits to 9.1 percentage points, up from 6.5 points a year prior. CryptoQuant calculated this increase as roughly 40% wider than the previous year’s gap.
The shift in transaction dynamics is not unique to Binance. Across all centralized exchanges, XRP withdrawal transactions reached 53.01%, nearly equaling the 53.09% seen in June 2025. Deposit activity across these platforms generally hovered near 46.9%, reflecting a similar imbalance to Binance’s trend.
Binance’s specific numbers stand out, with its withdrawal share running around 1.49 percentage points above the all-exchange average. The exchange’s 9.1-point withdrawal-deposit gap is nearly 49% wider than the 6.1-point spread observed on centralized exchanges overall, positioning Binance as a leader in this shift.
ExchangeWithdrawal Share (%)Deposit Share (%)Withdrawal-Deposit Gap (%)Binance54.545.49.1All Centralized Exchanges53.0146.96.1Mini dictionary: Binance is one of the world’s largest cryptocurrency exchanges by trading volume, enabling users to buy, sell, and store a wide range of digital assets globally.
Historical context and the 66% rallyThe transaction pattern is reminiscent of the situation in June 2025, when a similar withdrawal surge preceded a significant price rally in XRP. At that time, the token climbed from around $2.11 to $3.50 by July 21, representing an increase of nearly 66% within one month.
XRP’s previous rally followed a comparable transaction imbalance, but the current price environment differs sharply from last year. The token now trades near $1.09, about 48% below its June 2025 level and roughly 69% less than the $3.50 peak seen after the withdrawal surge.
Limitations and other market signalsDespite the parallels, analysts caution against reading too much into the current data. CryptoQuant highlighted that these metrics reflect the number of deposit and withdrawal transactions rather than representing the total volume or net flow of funds. As a result, this data shows a shift in transaction composition rather than providing evidence of capital outflows from exchanges.
Recent order book data from CryptoQuant, referenced by Live Bitcoin News, indicated persistent selling pressure in XRP/Binance trading pairs last week, an apparent contrast to the surge in withdrawal activity observed now.
Additional reserve figures from Binance have also alternated between bullish and bearish signals throughout the current cycle. For the moment, withdrawal activity appears to outpace deposits, but broader order flow and reserve data present a more mixed picture regarding market sentiment.
CryptoQuant emphasized that while withdrawal transaction counts are high, they are not direct proof that large amounts of capital are leaving exchanges or that a price rally is imminent.
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.
17 July 2026 | 19:47 XRP is trading near $1.08 on July 17, compressed between the repeatedly defended support area at $1.03–$1.05 and a declining 50-day simple moving average at $1.13.
Key Takeaways XRP trades at $1.08 below all three major moving averages, which remain in bearish alignment. The $1.03–$1.05 shelf is the main support separating the current range from another test of the cycle low. Binance’s estimated leverage ratio is approaching its lowest level since November 2024. Falling open interest confirms that traders are reducing derivatives exposure rather than building new positions. The chart remains bearish. Price sits below its 50-day, 100-day, and 200-day moving averages, every recovery since April has produced a lower high, and the latest bounce ended beneath the nearest moving-average resistance.
Derivatives positioning has become less aggressive during the decline. Both Binance’s estimated leverage ratio and all-exchange open interest have fallen sharply, showing that futures exposure is being removed. That reduces leverage-related fragility but does not provide the demand needed to reverse the price trend.
XRP Remains Below a Fully Bearish Moving-Average Stack Daily XRP price chart / Source: TradingView The three major daily moving averages are aligned above the current price:
Moving Average Resistance $1.1355
100-day SMA
$1.2657
200-day SMA
$1.4317
All three are declining. The 50-day SMA approached the 100-day average in late May but failed to complete a bullish crossover, with the two lines separating again as price weakened.
The sequence of lower highs reinforces that structure. XRP peaked near $1.55 in April, failed around $1.50 on the following recovery, reached approximately $1.3 on June 15, and then stalled near $1.18 in early July.
Daily RSI has fallen to 44 after reaching approximately 58 during the latest bounce. It is now below its moving average at 47, showing that momentum weakened before reaching overbought conditions.
The two oversold readings recorded in early and late June produced only temporary recoveries. Volume has also faded to approximately 24.39 million, with no clear accumulation pattern behind the July advance and the more prominent recent spikes occurring during selling.
The $1.03-$1.05 Shelf Defines the Next Break Buyers defended the $1.03-$1.05 area around June 5, again between June 25 and 27, and during the early-July decline. Below it, the cycle-low wick sits between $1.01 and $1.02, followed by the untested psychological level at $1.
Immediate resistance begins at the July 17 high near $1.09 and the July 14-15 wick area between $1.11 and $1.12. The declining 50-day SMA at $1.13 remains the more important ceiling because it stopped the latest recovery.
The narrowing range creates three measurable outcomes:
Bullish shift
A daily close above $1.10 would improve the short-term structure, but XRP would still need to reclaim the 50-day SMA to break the sequence of lower highs. The July swing high near $1.2 would then become the next test.
Continued compression
Price remains between the $1.03–$1.05 shelf and the falling 50-day SMA while momentum and derivatives exposure continue resetting.
Bearish continuation
Losing $1.05 would expose $1.03 and the $1.01–$1.02 cycle-low area. A daily close below $1.01 would put $1 and sub-dollar price discovery in play.
The prevailing trend, weakening RSI, and fading volume currently favor a bearish drift unless buyers recover the upper boundary.
Binance Leverage Is Approaching Its April Low CryptoQuant analyst Darkfost highlighted a renewed decline in XRP’s estimated leverage ratio on Binance.
XRP Ledger estimated leverage ratio on Binance. The metric compares derivatives open interest with the XRP reserves held on the exchange. A higher reading indicates that futures exposure is large relative to those reserves, while a lower reading points to reduced leveraged positioning.
XRP’s ratio currently stands at approximately 0.16, one of its lowest readings since November 2024 and close to the April 2026 low of 0.15.
The decline developed alongside a price correction of roughly 70%. Some futures positions were liquidated during the fall, while other traders closed exposure voluntarily, mechanically reducing open interest.
The all-exchange chart confirms that the reset extends beyond Binance. Total XRP open interest has fallen from approximately $3.8 billion earlier in the visible period to roughly $0.8 billion in the latest readings.
XRP Ledger open interest trends across all exchanges. The derivatives market is therefore dominated by position reduction rather than sustained new leverage. Fewer outstanding positions reduce the fuel available for a liquidation cascade, although sharp price moves remain possible if support breaks or traders begin rebuilding exposure aggressively.
The contraction may also reflect weaker conviction and declining risk appetite. Deleveraging removes crowded positions; it does not reveal whether the next group of participants will be buyers or sellers.
The 2024 Reset Is a Precedent, Not a Forecast Darkfost compared the current conditions with the deleveraging phase that developed in 2024.
XRP was then consolidating around $0.40 while Binance’s estimated leverage ratio approached 0.05. That cleanup preceded a rally of more than 790%, during which futures exposure returned and the leverage ratio climbed again.
The relevant similarity is the order of events: leveraged positions were removed before the next large directional move began.
The differences are equally important. The current ratio of 0.16 remains more than three times the 2024 low, while XRP is trading below a fully bearish moving-average structure with weakening momentum and no clear volume-based accumulation signal.
The earlier rally therefore demonstrates what can happen after a derivatives reset, not what must happen. A similar result would require renewed demand strong enough to reverse the lower-high sequence and rebuild participation without immediately recreating excessive leverage.
What the Derivatives Data Needs to Show Next The behavior of open interest during the eventual range break will help determine the quality of the move.
Stronger recovery
XRP breaks upward as volume improves and open interest rises gradually, indicating that new derivatives positions are entering alongside the move. The signal becomes more convincingly bullish if price continues higher without funding or leverage becoming excessive.
Possible position-driven bounce:
XRP rises while open interest falls, a pattern consistent with position closures or short covering rather than fresh derivatives participation. Spot-flow and liquidation data would be needed to confirm the cause.
Potential bearish confirmation
Price breaks support while open interest rises, showing that traders are adding fresh leveraged exposure during the decline. The signal becomes more clearly bearish if funding turns negative or price continues lower as open interest expands.
If open interest continues drifting lower, the deleveraging process remains the dominant force regardless of short-term price fluctuations.
XRP now has a cleaner derivatives structure but an unresolved technical problem. The leverage reset becomes constructive only if price converts it into a break above the falling 50-day SMA; until then, the $1.03–$1.05 shelf remains the level preventing the bearish trend from extending toward $1.
The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice.
Author
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
Gallagher Capital Management LLC has disclosed a significant holding in the Canary XRP ETF, according to its recent regulatory filing with the U.S. Securities and Exchange Commission. The investment manager reported ownership of 86,744 shares of the ETF, valued at $961,126 as of the end of the second quarter of 2026.
Institutional interest in XRP investment products growsInstitutional involvement in digital asset investment products has been a point of increased attention within the cryptocurrency sector, and Gallagher Capital’s reported position signals rising professional interest in XRP-linked funds. The presence of institutional investors is often seen as a barometer of market maturity and can influence broader sentiment among individual investors.
Form 13F filings, required by the SEC from investment firms with assets under management above a specified threshold, allow the public to track which funds are engaging with specific securities. Gallagher Capital Management’s inclusion of the Canary XRP ETF provides another reference point for those monitoring the institutional adoption of alternative cryptocurrencies.
Assets like XRP have drawn particular scrutiny from U.S. regulators, but the emergence of regulated investment vehicles such as ETFs has enhanced accessibility for institutional buyers. Investors continue to watch whether other managers will declare similar positions as market infrastructure matures.
ETF sector expansion underscores changing digital asset landscapeThe launch and growth of crypto exchange-traded funds (ETFs), especially in the U.S., have transformed how institutions access the digital asset market. Approval of Bitcoin and Ethereum ETFs has triggered an influx of capital, prompting asset managers to evaluate an expanding range of crypto-backed offerings. The Canary XRP ETF, introduced as a way to provide regulated exposure to XRP’s price movements, represents a further step in this evolution.
Although the Canary XRP ETF does not offer direct spot exposure, it serves as an alternative for institutional portfolios seeking crypto correlation without holding the underlying asset. Broader adoption of such products will likely follow ongoing regulatory developments and persistently high demand among both retail and institutional clients.
Mini dictionary: Canary XRP ETF, an exchange-traded fund designed to offer regulated investment exposure specifically to XRP, the digital asset developed for fast and cost-effective cross-border payments. ETFs, or exchange-traded funds, are pooled investment vehicles that track the price of an underlying asset or portfolio and are traded on public exchanges.
ETF NameUnderlying AssetShares Held by GallagherReported Market Value (Q2 2026)Canary XRP ETFXRP86,744$961,126Gallagher Capital Management, an established investment manager, is among the firms now exploring digital asset products as part of diversified strategies.
SEC filings shed light on institutional portfolio shiftsEach disclosure in Form 13F offers additional transparency for observers interested in how institutional capital allocates resources to crypto-related securities. Market participants are expected to keep a close watch on future regulatory filings for signs that broader professional adoption of XRP-related ETFs is underway.
Regular SEC filings by institutional investors help clarify which digital assets are gaining traction among professional money managers, offering rare insights into sentiment shifts and emerging trends within this market.
While a single investment manager’s disclosure does not determine the direction of crypto markets, it highlights the continued expansion of regulated products and their appeal to professional investors looking beyond Bitcoin and Ethereum.
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.
Assets Slip as Price Drags on Fund ValuesUS spot $XRP exchange-traded funds slipped below the $1 billion mark on July 16, with total net assets settling at $997.18 million, according to SoSoValue data. The move underlines a persistent gap between investor demand and the underlying token's performance.
The dip in assets was not driven by outflows. US spot XRP ETFs attracted $6.78 million in net inflows on July 16, their largest single-day intake of July. The Bitwise XRP ETF led with $4.41 million in net inflows, followed by Franklin's XRPZ with $2.38 million, while Canary's XRPC, 21Shares' TOXR, and Grayscale's GXRP recorded no net inflows during the session.
The latest inflows pushed cumulative net inflows across US spot XRP ETFs to $1.49 billion, while total net assets climbed to $997.18 million, representing around 1.45% of XRP's market capitalisation.
Price Weakness Overwhelms Steady BuyingThe core tension is straightforward: buyers have remained consistent, but the price has not cooperated. XRP traded around $1.08 on July 16, down roughly 2.5% over the prior 24 hours and about 10% over the past month. For context, total net assets stood at $1.18 billion in mid-May, with cumulative inflows at $1.35 billion at that point. Since then, roughly $100 million in fresh capital has arrived, yet assets have fallen by around $180 million, purely on price movement.
July has been choppy for ETF flows overall, with six days recording zero activity. Two days saw outflows: July 1 at minus $1.86 million and July 8 at minus $7.29 million. The July 16 print was the strongest positive day of the month, but it still fell well short of the peak daily flows seen earlier in the year.
Bitwise remains the largest XRP ETF by assets under management at $312.82 million, followed by Canary's XRPC with $253.20 million and Franklin's XRPZ with $252.15 million.
The broader picture remains one of structural institutional interest running ahead of price momentum. Flow persistence, with inflows holding steady even as XRP's price experiences volatility, suggests institutions are making considered allocation decisions rather than chasing short-term momentum. Whether that patience is rewarded depends on whether the token can recover enough ground for assets to reclaim the billion-dollar threshold on a sustained basis.
Sources
Crypto Times: XRP ETF Inflows Reach July High After $6.78M Addition
CoinDesk: Spot XRP ETFs Attract Biggest Inflows Since January
Ripple: XRP ETFs: The Institutional Era Has Begun
Crypto analyst Ali Martinez has directed attention to XRP, highlighting two key technical signals that may indicate a significant price movement is imminent. Martinez, a widely followed market commentator, combined observations from the monthly and hourly charts to underline growing momentum in the digital asset’s price action.
Monthly TD Sequential buy signal formsOn the monthly timeframe, Martinez identified a TD Sequential buy signal for XRP. A TD Sequential is a technical indicator designed to detect potential trend exhaustion and forecast price reversals, with signals on longer timeframes generally regarded as more robust by traders.
The appearance of a buy signal on the monthly chart often points to stronger and longer-lasting reversals. Martinez paired this observation with analysis of the shorter-term hourly price structure, suggesting that building price pressure could soon lead to a substantial move.
Martinez indicated that with these two timeframes both supporting a bullish outlook, XRP may be approaching a decisive breakout phase in the market.
Symmetrical triangle on hourly chartTurning to the hourly chart, Martinez observed that XRP has been consolidating within a symmetrical triangle pattern since late June. This formation is defined by lower highs and higher lows, compressing price action into a narrowing range. The pattern’s upper boundary descends from just below $1.30, while the lower boundary ascends from $1.03. Currently, XRP sits near $1.106, edging closer to the triangle’s apex.
Technical analysts view symmetrical triangles as neutral, with the next decisive move likely to set the tone for the trend’s direction. Martinez specifically identified $1.13 as the critical resistance level for traders to monitor.
Mini dictionary: TD Sequential, a technical indicator used in financial markets to identify potential reversal points by analyzing a series of price candles, commonly favored for its trend exhaustion signals.
TimeframeSignal/PatternKey LevelMonthlyTD Sequential buy signalNot specifiedHourlySymmetrical triangleResistance at $1.13A confirmed breakout above $1.13 would see XRP move past the triangle’s descending upper boundary. According to Martinez, such an event could open a path to a 20% increase in price, targeting $1.35. This would represent a return to levels not seen since early June, when XRP last traded near $1.30 before its most recent decline.
In a recent post, Martinez shared, “A breakout above $1.13 could open the door to a 20% rally toward $1.35,” pairing this projection with both the monthly and hourly technical signals.
Price consolidation continuesIn recent weeks, XRP’s price has fluctuated within increasingly tight bounds defined by the triangle, each move shrinking the trading range. With the price settling just beneath the $1.13 resistance and the pattern nearing completion, traders are watching closely for the next decisive shift.
As both monthly and intraday signals point to a potential breakout, market participants are monitoring whether XRP can achieve a sustained move above $1.13. If that occurs, technical outlooks suggest a rapid climb toward $1.35 could follow, contingent on continued demand and broader market conditions.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
A Colorado-based wealth manager has disclosed a new investment in the Canary XRP ETF.
It is yet another institutional firm that has gained exposure to XRP through recently launched exchange-traded funds.
According to a Form 13F-HR filed with the U.S. Securities and Exchange Commission on July 17, Gallacher Capital Management LLC reported holding 86,744 shares of the Canary XRP ETF ($961,126 as of June 30).
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Institutional XRP ETF holdings keep growingGallacher's disclosure follows several other recent 13F filings showing fresh institutional exposure to XRP-linked investment products.
On July 16, registered financial advisor Vista Finance reported owning 129,958 shares of the Franklin XRP Trust ETF, with a market value of roughly $11.45 million at the end of the second quarter.
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A day earlier, CPR Investments, a Michigan-based registered investment adviser, disclosed a new position in the ProShares Ultra XRP ETF. According to its SEC filing, the firm held 36,619 shares valued at approximately $363,627.
T. Rowe Price launches ETF with XRP exposureIn the meantime, yet another product with XRP exposure was recently launched in the US.
Earlier this week, Wall Street giant T. Rowe Price, which oversees roughly $7 trillion in assets under management, rolled out its first actively managed cryptocurrency ETF.
Trading under the TKNZ ticker, the fund provides diversified exposure to several major digital assets, including Bitcoin, Ethereum, Solana and XRP. The ETF debuted with approximately $15 million in assets and carries a 0.75% management fee.
The entry of the financial giant into the ETF space is viewed as yet another sign of growing mainstream adoption.
XRP is still struggling to turn better regulatory sentiment into a clean market breakout.
The token has been hovering below the $1.06–$1.08 area, with traders watching whether the improved legal backdrop can finally translate into stronger demand. That is the tension in the current XRP setup. The market has more reason than before to treat regulatory clarity as a positive, but price is not yet behaving like buyers are fully convinced.
That does not make the story weak. It makes it more interesting.
A token can receive a friendlier regulatory signal and still fail to break resistance if liquidity is thin, broader market sentiment is weak, or traders decide to wait for confirmation. XRP has been through enough legal and regulatory cycles that investors know the difference between a headline and sustained demand.
For now, XRP is still in the proving stage.
TL;DR XRP is trading below key resistance around the $1.06–$1.08 region. A more favourable regulatory backdrop has not yet produced a decisive breakout. Traders are watching whether buyers can clear nearby sell pressure and turn legal relief into real demand. Regulatory Clarity Helps, But It Does Not Buy The Token XRP has always traded with a heavier regulatory overlay than most major crypto assets. For years, market sentiment around the token has been shaped not only by Ripple’s business progress or XRP’s liquidity, but by the legal uncertainty surrounding how the asset should be treated.
That is why any move toward clearer classification matters.
If traders believe XRP is moving into a more stable regulatory category, the token can attract renewed attention from exchanges, funds, and market participants that had previously kept their distance. Clarity can reduce perceived legal risk, and lower legal risk can support liquidity.
But clarity alone is not the same thing as a bid.
The market still needs buyers. It still needs volume. It still needs evidence that investors are willing to accumulate XRP at higher prices rather than simply celebrate the headline and move on.
That is where the current resistance zone becomes important. The $1.06–$1.08 range is not just a number on a chart. It is where optimism meets actual supply. If sellers are still active there, XRP has to absorb them before the regulatory story can become a price story.
Why The $1.10 Area Matters The next area traders are watching is around $1.10, where order book pressure could decide whether XRP has enough momentum to continue higher.
A visible sell wall near that region can act like a ceiling. Buyers may test it, but unless demand is strong enough to clear the supply, price can keep rotating lower from the same area. That creates frustration for bulls because the narrative may be improving while the chart remains capped.
This is common in crypto. A good headline can pull attention back to an asset, but resistance levels still matter. Traders who bought earlier may use the move to reduce exposure. Short-term participants may fade the rally. Larger holders may wait for proof before adding.
For XRP, a decisive move above nearby resistance would change the conversation. It would suggest that regulatory confidence is finally feeding into market demand. Failure to break higher would keep the token stuck in a familiar pattern: strong story, cautious price action.
The broader market backdrop also matters. If Bitcoin and Ethereum are under pressure, altcoins usually have a harder time sustaining independent rallies. XRP may need both its own catalyst and a less hostile risk environment to build a stronger move.
Ripple’s Business Story Still Sits In The Background It is also important to separate XRP’s market structure from Ripple’s business narrative.
Ripple remains one of the most recognisable names in crypto payments. Its regulatory battles have made XRP one of the most closely watched tokens in the market. But traders often blur the line between company developments, legal signals, and token demand.
A stronger regulatory position can help the XRP market, especially if it improves confidence among exchanges and institutional participants. But the token still has to show that demand is expanding.
That means watching liquidity, spot volume, exchange flows, and whether support holds after each failed breakout attempt.
The current setup is therefore not bearish by default. It is cautious. XRP is close enough to resistance that a strong move could matter, but it has not yet delivered the confirmation bulls want.
For readers, that is the cleanest way to frame the story. XRP has a better regulatory backdrop than it had during the darkest periods of uncertainty, but markets do not reward legal clarity automatically. They reward demand, and demand has to show up on the chart.
Until XRP clears the nearby resistance band with conviction, traders are likely to stay selective. The next move above $1.10 would be more than a technical level. It would be the first real sign that regulatory relief is becoming market momentum.
This article is based on information from Arkham Intelligence.
This article was written by the News Desk and edited by Samuel Rae.
Institutional investment in $XRP continues to accelerate as Brookstone Capital Management, a financial advisory firm based in Illinois, revealed a significant stake in the Volatility Shares Trust XRP ETF (XRPI) through its latest 13F filing with the U.S. Securities and Exchange Commission (SEC).
Brookstone’s XRP ETF positionCrypto market commentator Xaif drew attention to the disclosure, noting that Brookstone now holds 12,380 shares of XRPI valued at approximately $71 million. He characterized this activity as evidence of growing institutional participation in XRP.
Brookstone Capital Management has confirmed a $71 million position in the Volatility Shares Trust XRP ETF, holding 12,380 shares according to its recent SEC filing. This move adds to a pattern of institutional entry into regulated XRP products.
The 13F filing, a quarterly report required by the SEC, documents asset positions of professional investment managers. Unlike an ETF launch application, a 13F filing shows positions that firms already hold in their portfolios.
Several months earlier, similar filings indicated that Goldman Sachs had become the largest holder of spot XRP ETF shares among institutional investors.
Brookstone’s participation highlights their growing interest in products that offer regulated access to cryptocurrencies without necessitating direct asset custody.
Mini dictionary: 13F filing, a quarterly disclosure form that must be submitted by institutional investment managers with over $100 million in assets under management, detailing their holdings in equities and certain ETFs.
The Volatility Shares Trust XRP ETF, listed on Nasdaq, launched in 2025 as an actively managed fund focused primarily on XRP futures contracts. The ETF aims for capital appreciation by allowing investors to gain regulated exposure to XRP market movements, removing the need for direct self-custody of digital assets.
The fund provides a bridge for institutions and retail investors seeking exposure to XRP in a manner compliant with U.S. financial regulations.
Multiple U.S.-listed spot XRP ETFs debuted in November 2025, each structured to allow shareholders to invest in XRP markets with reduced exposure to custody risks and regulatory uncertainty.
ETFLaunch DatePrimary AssetStatusVolatility Shares Trust XRP ETF2025XRP FuturesActiveSpot XRP ETFs (multiple)Nov 2025XRPActive, traded in U.S.Institutional adoption and inflow trendsBrookstone’s filing adds to an ongoing trend of financial institutions seeking crypto exposure through regulated investment vehicles. Spot XRP ETFs in the U.S. reported no net outflow days in their first month after launch. By early December 2025, combined assets under management for these funds had surpassed $1 billion.
Industry data shows that cumulative net inflows into spot XRP ETFs reached $1.44 billion since their launch, underlining persistent appetite from institutional investors.
XRP ETF inflows outpace other crypto fundsThe resilience of XRP ETFs stands out against the backdrop of declining flows in other major digital asset funds. In June, U.S. Bitcoin ETFs recorded outflows exceeding $4 billion, while Ethereum ETFs saw investors withdraw $528.99 million. XRP ETFs, however, attracted $59.4 million in fresh inflows during the same period. This inflow streak for XRP spot ETFs extended for eight consecutive weeks through June 26, underscoring their strong institutional demand.
While capital pulled away from Bitcoin and Ethereum ETFs in June, XRP ETFs added $59.4 million, continuing an eight-week streak of positive inflows. This momentum indicates a strategic pivot among institutional investors toward diversified crypto exposure.
ETFJune 2026 Net FlowBitcoin ETFs-$4 billionEthereum ETFs-$528.99 millionXRP ETFs+$59.4 millionImplications for XRP holdersBrookstone’s 13F filing is the latest signal that a wider array of investment firms, from multinational banks to smaller advisors, are adopting regulated crypto products such as XRP ETFs to diversify client portfolios. The steady inflows and absence of major outflows reflect a pattern of longer-term allocation, rather than speculative trading.
By using products like the Volatility Shares XRPI fund, investors gain efficient, regulated access to the XRP market, further legitimizing the asset within institutional finance circles.
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.
