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XRP is positioned at the center of a much larger shift in how money moves globally, according to analyst Versan Aljarrah, who argues that shift, not the CLARITY Act, is what will eventually restructure the token’s price.

A Migration Already Underway

Aljarrah frames XRP’s opportunity around the early stages of a broader move toward regulated, programmable stablecoins. “That’s again where XRP sits at that exact point where the migration is beginning,” he said. As AI agents increasingly route payments through the most efficient rail available, without regard for market narratives or investor sentiment, he expects settlement demand to shift away from older, fragmented financial infrastructure.

He was careful to frame what that shift does and doesn’t mean for XRP. “The more settlement that is going to happen through XRP, it’s not about replacing the dollar as a reserve, but it’s going to absorb a lot of that demand for settlement,” he said. That absorption, he argued, is what eventually results in a restructuring of the price further down the road.

Positioned Since 18 Cents

Aljarrah said his own portfolio reflects this thesis directly, describing himself as heavily allocated to XRP since entering at 18 cents. He acknowledged the market currently feels quiet, with little visible momentum in either direction.

“Yes, the market feels boring right now. It seems like there’s no sentiment anymore,” he said. “That’s when you should be paying attention really.”

Calling the CLARITY Act “Theater”

Asked directly about the CLARITY Act, Aljarrah didn’t soften his view. “The CLARITY Act is truly theater,” he said, pointing to a pattern he’s observed with major legislation in the past. According to Aljarrah, bills like this are often kept alive just long enough to pass symbolic milestones, generating retail excitement that larger players can then use as a liquidity exit.

Finance Is Moving Onchain With or Without Regulation

Regardless of how the legislative process plays out, Aljarrah argued the underlying shift toward onchain finance doesn’t require anyone’s permission to continue.

“For anyone who’s really paying attention to the evolution of money, it’s undeniable that finances are going onchain,” he said. He pointed to Ripple’s XRP, along with Stellar’s XLM and other networks, as builders actively laying down compliance and infrastructure ahead of regulatory clarity, not in response to it. “They’re not really waiting for permission,” he said. “In many ways, they’re the ones writing the rules for the new financial system.”

Story Ends Here

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With nearly 200,000 active users, the XRP Ledger is getting close to one of its highest activity milestones in months. According to the most recent on-chain data, the number of daily active users is close to 190,800, which would indicate a significant recovery in ecosystem participation.

Activity is back upThe current increase has grown steadily throughout the second half of July, in contrast to earlier brief spikes. After varying between 110,000 and 150,000 active users for the majority of the month, XRP Ledger activity increased dramatically in the last trading week, reaching its highest level in recent months. 

Source: XRP LedgerThe round number itself is not the only significant aspect. Following the wider market correction earlier in the year, the XRP Ledger found it difficult to sustain even 100,000 daily active users. Reaching 200,000 indicates that network activity is starting to return to normal rather than just responding to sporadic spikes in speculative trading. Since it shows real engagement with the ecosystem rather than just price fluctuations, increasing user activity is typically seen as one of the healthier indicators for blockchain networks. 

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Increased transaction counts, payment volume, and liquidity across decentralized applications built on the ledger are frequently accompanied by higher address activity. However, the market has not yet fully reflected these strengthening fundamentals. After yet another failed attempt to overcome resistance around $1.10, XRP is currently trading around $1.07. 

Price recovery wasn't yet confirmedThe asset is still stuck below the 50-day and 100-day moving averages, which are still serving as dynamic barriers. XRP made a brief attempt earlier this month to break out of a symmetrical triangle, but the buying momentum was not sustained, and the price returned to consolidation. As a result, the overall technical picture is still conflicted. Although on-chain metrics are still improving, the price has not yet confirmed the recovery. 

card

The next significant obstacle before the long-term trend starts to shift in favor of buyers is the 200-day moving average, which is presently at $1.21. The ongoing struggle is also reflected in momentum indicators. The Relative Strength Index, which is slightly below the neutral threshold at 47, shows that bearish pressure has significantly decreased but has not completely vanished.  

Compared to a few months ago, the XRP Ledger is now far closer to the user activity levels linked to better market conditions. The fundamental recovery would start to align with the technical picture if active users successfully pushed above the 200,000 threshold while the price eventually recovered its medium-term moving averages.

For the time being, XRP seems to be strengthening its underlying base. Even though the token itself is still looking for the catalyst to end its protracted consolidation, the network is getting close to one of its highest activity levels of the year.

Vincent Van Code, a software engineer active in cryptocurrency discussions, has raised questions about the timing of Jay Clayton’s recent appointment as the ninth Director of National Intelligence. Van Code linked Clayton’s career moves to broader political and regulatory developments involving Ripple and its digital token, XRP.

Speculation over political timeline and XRP lawsuitReacting to investor hashr.group, Van Code suggested that former US President Donald Trump might have intentionally delayed significant developments related to XRP until a possible return to office. He said he wondered if Trump had essentially put XRP “on ice” for several years.

Van Code further characterized Jay Clayton, who served as Chairman of the Securities and Exchange Commission from 2017 to 2020, as someone whose decisions aligned closely with Trump’s interests. He asserted that Clayton would not have initiated the SEC’s lawsuit against Ripple without direct backing from Trump, but clarified that his comments represented speculative analysis rather than fact.

I can’t help but to think Trump put XRP on ice for years until his reelection. Jay is Trump’s boy, Jay wouldn’t have acted without him. The lawsuit certainly did that. Plans within plans. Just my fun thought experiment.

The SEC launched its suit against Ripple in December 2020, alleging that the company had conducted an unregistered securities offering through sales of XRP. This lawsuit continues to influence the digital asset industry’s regulatory landscape.

Ripple’s early government connections revisitedInvestor hashr.group joined the conversation by interpreting Clayton’s new government role as a potential reward stemming from the SEC’s eventual decision to drop its case against Ripple. Although no evidence was provided for this assertion, the viewpoint was shared as a personal observation on recent events.

Hashr.group also pointed to potential long-term planning behind XRP’s trajectory, referencing Greg Kidd’s recollection that Ripple secured a US Treasury meeting within its first month of operations. This was cited as an example of Ripple’s early and direct contact with federal agencies.

BankXRP, a researcher in blockchain developments, noted Clayton’s transition from leading the country’s top financial regulator to overseeing US intelligence operations after confirmation by the Senate in a 51-47 vote.

Mini dictionary: Jay Clayton, an American attorney, served as US SEC Chairman from 2017 to 2020 and was later confirmed by the Senate as the ninth Director of National Intelligence, a federal agency leader responsible for coordinating activities across the United States’ intelligence community.

Confirmation prompts new debate on Ripple and regulationClayton’s new leadership post has renewed discussion about the intersection of political developments and major regulatory actions in the digital assets sector. Community members and analysts have revisited his role in authorizing the SEC’s lawsuit against Ripple, which was filed near the end of his SEC tenure and remains one of the highest-profile legal challenges involving US crypto projects.

After leaving the SEC, Clayton briefly served as US Attorney for the Southern District of New York before taking on responsibilities as Director of National Intelligence. In his current role, Clayton oversees the work of 18 agencies within the intelligence community.

Many in the crypto industry are weighing whether Clayton’s government move signals ongoing political influence behind regulatory actions targeting digital assets, especially as they relate to XRP and Ripple’s early connections to federal authorities.

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 recently fell to $1.08, marking its lowest price point in 19 months, as market volatility prompted divergent reactions from institutional and retail investors. Crypto market observer Anna noted a sharp contrast in behavior, with significant institutional inflows even as many individual traders exited their positions.

Institutional inflows surge amid XRP dropAnna highlighted that, during this period of price weakness, institutional investors allocated $132 million to XRP investment products. She emphasized that this figure represented the largest inflow among altcoins during the downturn, underlining increased interest from major players despite widespread retail selling.

She described this trend as evidence of “smart money” accumulating XRP while retail holders, influenced by uncertainty and fear, continued to sell in the $1.00 to $1.20 range. Anna noted that such contrasting patterns reinforce the division between long-term strategies employed by large investors and the often reactive approach of retail participants.

As XRP dropped to $1.08, institutions quietly poured $132 million into investment products, while many individual holders reduced exposure. The inflows signaled a clear difference in strategy, with major investors moving to expand their positions even during heightened market anxiety.

This disparity has attracted broader attention to institutional actions within the sector. Market watchers pointed out that during periods of high volatility, tracking institutional flows and keeping an eye on technical indicators can help gauge sentiment shifts. Investors increasingly seek platforms that can seamlessly connect traditional financial assets and the crypto landscape. 1stepSwap exemplifies this trend by enabling access to US stocks and commodities like gold and silver directly through user wallets, using blockchain technology. Its core feature scans real-time markets for the best available prices, allowing users to buy or sell leading global assets and diversify immediately, all without the need for intermediaries.

XRP bounces back as regulatory news emergesAfter hitting its multi-month low, XRP staged a partial recovery, reaching approximately $1.15. Anna indicated that this rebound may signal an ongoing attempt to reverse the downtrend. She cautioned, though, that it remains unclear whether these gains represent the onset of a broader rally.

Ongoing regulatory developments have also contributed to shifting sentiment. Anna pointed out that the progress surrounding the CLARITY Act, which aims to clarify the legal framework for digital assets, is creating a more predictable environment for both investors and projects in the industry.

Furthermore, expectations are building for market-changing decisions, such as the possible approval of a spot XRP exchange-traded fund. Many in the sector believe that such a move could boost institutional participation by offering regulated exposure to the asset.

Ripple CEO Brad Garlinghouse recently stated that the company is making significant headway in achieving key regulatory milestones, adding to optimism among some observers.

Combining Ripple’s regulatory push with institutional accumulation during the asset’s downturn gives a nuanced picture compared to negative retail sentiment of the past few weeks.

Long-term view remains in focusAnna stated that holders selling XRP near current levels could ultimately regret the decision if positive developments materialize in the coming months. She underscored that, in her view, short-term fear is dominating over longer-term fundamentals, as institutional investors continue to build positions in anticipation of future gains.

She raised the question of whether recent activity signifies a consolidation phase ahead of a larger market move. While acknowledging the uncertainty of this outlook, she asserted that the growing institutional exposure may provide an early indication of evolving market dynamics many have missed.

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

Crypto analyst Apex Crypto Insights has put forward a new theory on the persistent lack of high-profile commentary about XRP, claiming the digital asset could play a larger part in major financial planning than widely assumed.

Researcher suggests deliberate silence on XRPIn a recent social media post, Apex Crypto Insights encouraged followers to watch a video detailing why powerful individuals and organizations rarely speak openly about XRP. The researcher described the silence not as a sign of negative sentiment, but as a calculated move linked to long-term strategies within the global financial sector.

Apex Crypto Insights maintained that major institutions have been working to resolve structural challenges in the international monetary system for years. According to the researcher, these efforts involve XRP and may be approaching a critical stage where premature publicity could disrupt the coordinated process.

Rather than viewing the lack of public endorsement as a setback, Apex Crypto Insights stated that the ongoing silence around XRP may signal the asset’s significance within evolving institutional plans.

The analyst emphasized that those involved are taking a cautious approach, preferring to complete the underlying transition before drawing broader public attention to XRP. Apex Crypto Insights argued that this strategy is intended to address lingering issues in global finance effectively and avoid destabilizing markets.

Links between XRP, global liquidity, and the Triffin dilemmaIn the video, Apex Crypto Insights identified the global liquidity crisis and the Triffin dilemma as two of the most pressing concerns faced by governments and central banks. The researcher claimed that finding solutions to these problems is essential for maintaining trust in the current financial order.

The Triffin dilemma refers to a conflict of interests that arises when a national currency, such as the US dollar, is used as a global reserve currency. This creates tensions between short-term domestic policy and the long-term needs of the international system.

Mini dictionary: Triffin dilemma, an economic theory describing the conflict that takes place when a national currency serves as both a domestic and international reserve currency, presenting challenges for balancing internal stability and global liquidity.

The researcher argued that financial leaders may be strategically limiting public discussion to ensure an orderly rollout of any transition involving XRP. Apex Crypto Insights also expressed concern that premature price surges could undermine planned reforms and create unnecessary volatility.

IssueRole of XRP (as speculated)Potential ImpactGlobal liquidity crisisXRP used to enable cross-border settlementsEnhances payment efficiencyTriffin dilemmaXRP supports international reserve diversificationStabilizes currency flowsThe video prompted notable reactions from the XRP community across social platforms. Many members voiced agreement with Apex Crypto Insights’ suggestion that silence from major figures indicates ongoing institutional strategies rather than disinterest.

Community members noted that it is unusual for influential individuals to avoid discussing $XRP, especially when other cryptocurrencies like Bitcoin and Ethereum are regularly featured in public statements.

One user, Blue Hawk Legend, remarked that significant updates regarding XRP will likely remain undisclosed until pivotal market developments have taken place. The commenter viewed this as supporting the view that major institutions are intentionally delaying information.

Another participant, Hito Rug Pull Survivor, offered an alternative view, suggesting financial leaders might refrain from speaking about XRP out of concern for accusations of benefiting from insider information during its early adoption phase. The commenter drew parallels to recent public scrutiny surrounding President Donald Trump’s known involvement with particular meme coins, emphasizing the close monitoring of conflicts of interest in the crypto industry.

While the theories remain speculative and are not substantiated by direct evidence, they reflect the active debate among stakeholders regarding XRP’s possible future role within the broader financial landscape.

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

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

XRP ETF inflows surpass $1.5 billion as investors explore alternative digital asset strategies, including cloud mining and DeFi yield platforms.

Summary

Rising XRP ETF inflows are boosting interest in EX DeFi as investors explore cloud mining and yield opportunities. As XRP ETF inflows top $1.5 billion, EX DeFi highlights cloud mining as an alternative way to earn on XRP holdings. Institutional demand lifts XRP ETF inflows past $1.5 billion, while EX DeFi promotes long-term crypto yield solutions. The XRP-backed ETF has just surpassed a significant milestone in inflows, further boosting institutional investor confidence. Simultaneously, a growing number of investors are turning their attention to ex-DeFi, hoping to explore more long-term yield opportunities beyond simply waiting for XRP prices to rise.

The continued inflows into the XRP ETF further demonstrate the growing demand for XRP from institutional investors. While retail investors remain cautious due to market volatility and price uncertainty, institutional funds continue to allocate XRP through regulated financial products, keeping it one of the most watched mainstream digital assets in the market.

As the regulatory environment and funding conditions continue to improve, many investors are beginning to consider a practical question: are there more efficient and sustainable ways to participate in the long-term returns of XRP besides waiting for prices to rise?

The milestone of XRP ETF inflows surpassing $1.5 billion is significant. As of the closing on July 29, the XRP spot ETF market has reached a significant milestone. According to data released by the analytics platform uToday, driven by continuous net inflows, XRP-related exchange-traded funds (ETFs) have seen cumulative inflows exceeding $1.5 billion.

Meanwhile, the overall market liquidity has continued to improve. Although secondary market trading activity has slowed somewhat, and retail investor sentiment remains relatively cautious, institutional investor allocation demand has remained stable, resulting in net inflows on most trading days.

A new option for XRP investors: The yield growth path of EX DeFi In light of this trend, more and more XRP investors are turning their attention to EX DeFi, exploring more stable and sustainable yield models through cloud mining and yield aggregation mechanisms.

Compared to more volatile futures trading or ETF investment, EX DeFi offers a more intuitive and convenient way to participate in digital assets, helping users improve the efficiency of digital asset utilization while participating in the development of the XRP ecosystem. For users with a certain amount of capital, this model is expected to offer higher daily return potential.

About EX DeFi EX DeFi is headquartered in the UK and operates within European regulatory frameworks such as MiCA and MiFID II, continuously improving its transparency, operational standards, and user protection mechanisms.

The platform employs a multi-layered security architecture, including:

PwC’s annual financial and security compliance audit; Lloyd’s of London digital asset custody insurance; Cloudflare enterprise-grade network protection and McAfee® security system; Multi-layered encryption architecture, AI-powered intelligent risk control, and 2FA verification protection. Currently, EX DeFi supports multiple mainstream digital assets such as XRP, BTC, ETH, USDT, USDC, DOGE, LTC, and SOL, providing users with a more flexible and convenient digital asset service experience.

Start earning daily yields easily in just three steps:

1. Register an account

Visit the EX DeFi official website and register using an email address to receive a $17 trial bonus.

2. Choose a Mining Package

Based on a person’s budget and needs, choose a cloud mining contract that suits their needs and start mining with one click.

3. Start Earning Profits

After the contract is activated, the system will automatically allocate computing power, and profits will be automatically settled 24 hours a day. Users can withdraw profits at any time or continue participating as needed, achieving long-term asset compounding.

Example DeFi Popular Contracts

BTC (Beginner Trial Contract): Investment of $100, Term: 2 days, Daily Yield: $4, Total Profit: $100 + $8

DOGE (Golden Shell Mini Dogecoin Pro): Investment of $500, Term: 6 days, Daily Yield: $6.5, Total Profit: $500 + $39

BTC (Canaan-Avalon-A1466): Investment of $1000, Term: 10 days, Daily Yield: $13.4, Total Profit: $1000 + $134

LTC (Bitmain Antminer L7): Investment of $5,000, Term: 20 days, Daily Yield: $73.5, Total Profit: $5,000 + $1,470

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For more details on the program, please visit the EX DeFi official website.

Summary The continued inflow of funds into the XRP ETF, coupled with the improving regulatory environment, further reflects XRP’s gradual integration into the mainstream financial system. EX DeFi provides XRP investors with more diversified participation methods, shifting from “simply relying on price fluctuations” to “price growth and yield generation in parallel.”

As a new market cycle develops, investors are no longer just focused on price increases and decreases, but are paying more attention to stable and sustainable asset management strategies. This trend also reflects the maturing development of digital asset investment.

Still hesitating? Join EX DeFi now and earn daily passive income from digital assets.

Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.

The crypto market extended its decline on Friday as a global risk-off move swept across financial markets, dragging down Bitcoin, Ethereum, XRP and most major altcoins.

The total cryptocurrency market capitalization fell 2.4% over the past 24 hours to around $2.16 trillion, while liquidations topped $335 million.

Bitcoin And Altcoins FallBitcoin (BTC) slipped below $63,000, trading near $62,600 after falling more than 3% in the past 24 hours. Ethereum (ETH) dropped to around $1,856, while XRP traded near $1.06, extending losses alongside the broader market.

Other large-cap cryptocurrencies also moved lower. Solana (SOL) fell to about $72.90, Dogecoin (DOGE) slipped below $0.07, and Hyperliquid (HYPE) declined to around $54.40. Even traditionally resilient assets like BNB and TRON posted losses.

Global Markets Trigger Risk-Off SentimentThe sell-off was driven primarily by macroeconomic developments rather than crypto-specific news. According to market reports, the Federal Reserve and the Bank of Japan both left interest rates unchanged this week. The decisions reinforced expectations that interest rates could stay elevated for longer, reducing appetite for risk assets such as cryptocurrencies.

Market sentiment worsened after reports suggested US authorities could intervene in currency markets to support the Japanese yen. Following the reports, the S&P 500 reversed sharply, erasing nearly $1 trillion in market value within about 40 minutes as investors rushed to unwind positions linked to the yen carry trade.

The same risk-off mood quickly spread into cryptocurrencies.

Yen Carry Trade Adds PressureThe strengthening yen has renewed concerns about the unwinding of the yen carry trade, a strategy where investors borrow cheaply in Japan to invest in higher-return assets elsewhere. As the yen rises, many of those leveraged positions become less attractive, forcing investors to reduce exposure across equities and digital assets simultaneously.

That has increased selling pressure on Bitcoin and the broader crypto market.

Altcoins Face Profit-TakingBeyond macro concerns, several altcoins also came under pressure after strong recent rallies.

Traders booked profits across higher-risk tokens following weeks of gains, while sentiment was further weakened by reports of a $40 million Bitcoin theft involving Coldcard wallets, adding another layer of caution across the market.

What Investors Are Watching NextMarkets are now turning their attention to upcoming US economic data, particularly the Non-Farm Payrolls report due next week.

A stronger-than-expected jobs report could reinforce expectations that the Federal Reserve will keep interest rates higher for longer, potentially extending pressure on cryptocurrencies.

For now, Bitcoin remains the key asset to watch. If it stabilizes, broader crypto sentiment could improve. However, continued macro uncertainty is likely to keep volatility elevated across Bitcoin, Ethereum, XRP and the wider digital asset market.

Story Ends Here

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.

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Large Binance transfers often provide an early indication of whether whales are preparing to accumulate or distribute XRP. Recent activity, however, might be suggestive that neither flow is dominating the market.

Transaction counts have fallen sharply across every major value band. The 100K to 1 million XRP and over 1 million XRP cohorts stood out in both inflows and outflows.

As large inflows weakened, immediate pressure on prices reduced since fewer whales were moving XRP onto Binance.

Source: CryptoQuant However, declining outflows also showed those same investors may not be withdrawing tokens into private wallets, weakening the case for renewed accumulation.

Together, these trends pointed to a market where major holders may be preserving liquidity, rather than taking directional positions.

Source: CryptoQuant That hesitation limits the number of large volume transactions that generally drive sustained breakouts or deeper corrections. Now, retail transfer activity between 1K and 10K XRP has continued to dominate activity. However, it has rarely provided enough capital to replace whale participation.

Until institutional and whale flows recover, the altcoin is likely to remain range-bound, with weaker liquidity limiting both upside momentum and downside conviction.

Seller exhaustion strengthens XRP’s consolidation The slowdown in whale transfers also semed to align with a broader decline in Binance exchange inflows, reinforcing the view that large holders might no longer be rushing to sell XRP.

Following months of heavy distribution, average monthly inflows dropped to roughly 3.6 million XRP, the lowest level on record. This shift may be evidence that there was less intense pressure to sell, as opposed to a hike in selling pressure.

It could also support XRP’s ability to begin consolidating above $1 after declining by over 72% since reaching the $3.66-peak.

Source: CryptoQuant Nevertheless, lower inflow rates alone cannot sustainably result in a price hike for XRP. This, due to the fact that less aggressive selling does not always translate into greater demand.

Instead, the market might just be transitioning from distribution into balance, where buyers absorb available supply. A stronger bullish trend will ultimately require fresh whale and institutional participation to replace exhausted sellers with new demand.

Can XRP convert weaker selling into a breakout? Notably, that seller exhaustion is now reflected in XRP’s recent price action. After sweeping liquidity near $1.16, the altcoin fell sharply before finding strong support around $1.04.

Buyers then defended the zone, allowing price to form a higher low above $1.05 before recovering towards $1.07. This rebound seemed to support the previous decline in Binance inflows.

Source: XRP/USD on TradingView However, $1.12 remains the key challenge. Reclaiming that level would strengthen the recovery towards $1.16, while another rejection could signal renewed distribution and increase the likelihood of revisiting the $1.0440-support zone.

Final Summary XRP remains range-bound as whale activity and Binance inflows weakened across the board.  XRP must reclaim $1.12 with stronger whale demand to sustain a recovery towards $1.16.

Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) trade near key technical levels on Friday as the broader cryptocurrency market pauses following last week's recovery. BTC is approaching the 50-day Exponential Moving Average (EMA) while ETH continues to consolidate between two major EMAs. Meanwhile, XRP holds above key support, the technical indicators of these three cryptocurrencies suggest that the next major move could be driven by a breakout or breakdown from current levels.

Bitcoin nears the 50-day EMABitcoin price trades at $64,282, keeping a bearish near-term tone as it holds below the 50-day, 100-day and 200-day Exponential Moving Averages (EMAs), which all sit overhead as a layered cap. The Relative Strength Index (RSI) hovers around the neutral 50 line. At the same time, the Moving Average Convergence Divergence (MACD) remains in negative territory, suggesting weak momentum that so far fails to challenge the dominant overhead EMA structure.

On the topside, initial resistance is seen at the 50-day EMA near $64,916, followed by the 100-day EMA around $67,476 and the 200-day EMA near $73,267 before the major horizontal barrier at $84,410. 

On the downside, immediate support emerges at the horizontal level around $64,004, where a sustained break lower would expose further weakness beyond the current charted levels.

Ethereum trades sideways between the 50-day and 100-day EMAsEthereum price trades at $1,903 on Friday, consolidating in a neutral stance between its short- and medium-term trend markers. ETH holds above the 50-day exponential moving average (EMA) at $1,850, suggesting nearby dip-buying interest, but remains capped beneath the 100-day EMA at $1,933, keeping the broader recovery in check. 

The RSI hovers around 56, hinting at mild bullish momentum, while the MACD sits below the zero line, suggesting lingering downside risk despite the ongoing stabilization.

On the topside, initial resistance is seen at the 100-day EMA near $1,933, followed by the psychological barrier at $2,000, while the 200-day EMA higher at $2,159 forms a more strategic hurdle if bulls regain control.

On the downside, immediate support emerges at the 50-day EMA around $1,850, with a deeper safety net only near the horizontal support zone at $1,385, where a break would significantly deteriorate the medium-term structure.

XRP steadies above key $1 support zoneXRP price trades at $1.079 on Friday. XRP remains under pressure as it holds below the 50-day EMA at $1.127, the 100-day EMA at $1.211, and the 200-day EMA at $1.405, keeping the broader bias bearish despite recent stabilization. The RSI at 44 signals only modest downside momentum, while the MACD line is marginally below zero and flattening, hinting at a weak but persistent bearish tone rather than an outright breakdown.

On the topside, initial resistance emerges at the 50-day EMA near $1.127, followed by the 100-day EMA around $1.211. Beyond that, a horizontal barrier sits near $1.300, before the 200-day EMA at roughly $1.405 and the more distant resistance zone at $1.900.

On the downside, the nearest notable support is the horizontal level at $1.000, where buyers previously defended the market, with a daily close below this floor likely opening the door to a deeper corrective phase.

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

Cryptocurrency metrics FAQs The developer or creator of each cryptocurrency decides on the total number of tokens that can be minted or issued. Only a certain number of these assets can be minted by mining, staking or other mechanisms. This is defined by the algorithm of the underlying blockchain technology. On the other hand, circulating supply can also be decreased via actions such as burning tokens, or mistakenly sending assets to addresses of other incompatible blockchains.

Market capitalization is the result of multiplying the circulating supply of a certain asset by the asset’s current market value.

Trading volume refers to the total number of tokens for a specific asset that has been transacted or exchanged between buyers and sellers within set trading hours, for example, 24 hours. It is used to gauge market sentiment, this metric combines all volumes on centralized exchanges and decentralized exchanges. Increasing trading volume often denotes the demand for a certain asset as more people are buying and selling the cryptocurrency.

Funding rates are a concept designed to encourage traders to take positions and ensure perpetual contract prices match spot markets. It defines a mechanism by exchanges to ensure that future prices and index prices periodic payments regularly converge. When the funding rate is positive, the price of the perpetual contract is higher than the mark price. This means traders who are bullish and have opened long positions pay traders who are in short positions. On the other hand, a negative funding rate means perpetual prices are below the mark price, and hence traders with short positions pay traders who have opened long positions.

As the asset battles beneath a dense cluster of technical resistance, XRP is once again putting investors' patience to the test. Earlier this week, sellers regained control after a brief attempt to break higher, pushing the token back below a crucial triangle breakout level and leaving bulls looking for new momentum. 

XRP's dynamic resistanceAs of this writing, XRP is trading close to $1.08, which is below the 50-day and 100-day moving averages but slightly above local support. These indicators, which are currently converging around the $1.10 level, have consistently thwarted attempts at recovery throughout July and continue to function as dynamic resistance. 

The most recent price movement demonstrates how limited XRP's trading range has become. Over the past few weeks, a symmetrical triangle had developed, indicating that volatility was contracting before a bigger move. However, XRP fell below the pattern's rising support rather than staging a sustained breakout, indicating that sellers are still prepared to defend higher prices. 

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XRP/USDT Chart by TradingViewAdditionally, the general trend still favors caution. XRP is still trading below all of the major long-term resistance levels, as the 200-day moving average remains much higher at $1.21. The market will probably continue to see rallies as corrective rather than the start of a new bullish trend until those moving averages begin to flatten or turn upward. Currently, trading volume is not very encouraging. 

Buyers have not yet committed enough capital to absorb the ongoing selling pressure around resistance, as evidenced by the relatively muted activity during recent rebound attempts. For XRP to break out of its current range, higher volume will probably be needed.  

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The Relative Strength Index is currently at 46, just below the 50-point neutral threshold. This indicates that while bearish momentum has diminished significantly compared to June's decline, it has not vanished. The short-term outlook would be improved by a return above 50, especially if it were accompanied by a break above the moving-average cluster. The most significant resistance is still found between $1.09 and $1.10 for the time being.

In addition to putting XRP back above the 50-day and 100-day moving averages, a strong daily close above that range could pave the way for a challenge to the 200-day moving average around $1.21. Support around $1.05 remains crucial on the downside. If that level were lost, the psychologically significant $1.00 mark would probably come into focus. 

Zcash's stabilization attemptAfter a two-week correction, Zcash is trying to stabilize, and the technical setup indicates that a recovery toward the $500 mark is still possible if buyers continue defending the current support. ZEC is displaying signs that selling pressure may be easing, despite the fact that momentum has decreased since July's peak.

After recovering from a significant moving average confluence, ZEC is currently trading at about $476. While the 100-day moving average continues to offer additional support in the $474 region, the asset momentarily fell below the 50-day moving average before swiftly reclaiming it. Despite the recent decline, the medium-term recovery structure remains intact if both indicators are maintained. 

ZEC/USDT Chart by TradingViewRather than being violent, the correction itself has been orderly. ZEC formed a series of lower highs as traders locked in profits after the rally toward $570 earlier this month. The decline has, however, slowed significantly near the moving-average cluster, suggesting that buyers are becoming more active around current prices. 

The 50-day moving average, which is located close to $495, is the next significant obstacle. The psychologically significant $500 mark would once again be within reach with a decisive close above that level. Beyond that, reclaiming $520 would indicate that the most recent correction has probably ended and return focus to July's highs.  

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After declining from overbought territory earlier in the month, the Relative Strength Index has marginally recovered to about 46. The RSI has stopped making new lows, indicating that bearish momentum is progressively waning, even though it is still below the neutral 50 level. Volume has also decreased during the correction. 

The most recent decline has not been accompanied by significant liquidation, in contrast to the dramatic sell-off that occurred in early June. This suggests that profit-taking rather than panic selling has been the primary driver of this move. Lower selling volume frequently creates favorable conditions for a relief rally if buyers re-enter the market. 

ZEC must remain above the 100-day moving average for the bullish case to hold. The recovery outlook would be greatly weakened if that support were lost, exposing the 200-day moving average near $412.

Hyperliquid dropped by institutionals The month-long correction of Hyperliquid's native token, HYPE, has continued, raising concerns about whether the asset is merely experiencing a healthy retracement or losing the momentum that made it one of the best performers earlier this year. 

The chart indicates that the answer is more nuanced than a straightforward decline in relevance, despite the recent price action being unsatisfactory. After dropping below a number of significant technical support levels, HYPE is currently trading close to $53.2. With the most recent leg lower pushing it below the 50-day and 100-day moving averages, the token has now lost about 25% of its value over the past month.

HYPE/USDT Chart by TradingViewThese indicators, which are currently at $57.2 and $60.3, respectively, have flipped from support to resistance, making any short-term recovery more challenging. Additionally, HYPE is currently trading just above its most important long-term support level due to the recent decline. 

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A technical floor that buyers will probably fiercely defend is forming as the 200-day moving average rises toward the $50 mark. The current decline could be viewed as a correction within a larger uptrend rather than the start of a prolonged bear market if that area holds. 

However, sellers continue to have significant momentum. Since the Relative Strength Index has dropped to about 33, HYPE is nearly in oversold territory. Oversold conditions alone rarely signal a bottom unless selling pressure begins to ease, even though that frequently raises the likelihood of a relief rally.

In addition, volume has declined significantly compared to May and June's explosive trading activity. Weaker buying interest is reflected in lower participation as investors hold off on entering the market until they have more solid confirmation.

Additional institutional transfers to exchanges earlier this week from significant holders such as Bitwise and Multicoin Capital raised concerns that large investors may continue reducing their exposure, resulting in a steady supply of overhead selling pressure. Despite the weakness, it would be premature to declare that Hyperliquid is no longer relevant. 

Compared to the majority of DeFi assets, the token continues to attract substantial trading activity, and the protocol remains one of the largest decentralized perpetual trading platforms. Profit-taking and deteriorating market sentiment appear to be the main drivers of the correction rather than a collapse in the project's underlying fundamentals.

The total number of wallet addresses on the XRP Ledger has surpassed 8 million, marking a new milestone for the blockchain network that supports the XRP cryptocurrency. Data released by BSCN, a crypto media platform, shows that XRP ownership is now more broadly spread across a growing user base.

Updated wallet distribution figures show that only 2,151 XRP are now needed for an address to rank among the top 10% of holders. Previously, approximately 4,000 XRP was required to enter this bracket, reflecting a significant decline and a shift toward wider participation in the network.

For those seeking to reach the highest echelons of holders, BSCN reported that around 44,000 XRP is now the minimum to qualify for the top 1% of wallet addresses in terms of holdings.

Ownership TierPrevious RequirementCurrent RequirementTop 10%~4,000 XRP2,151 XRPTop 1%Not specified44,000 XRPThe decrease in these requirements coincides with the steady rise in wallet addresses on the network, suggesting that tokens are now distributed across a larger and more diverse group of holders.

Latest wallet data indicates that holding just 2,151 XRP now secures a spot in the top 10% of all wallet addresses, down from the previous threshold of approximately 4,000 XRP, while the overall network surpasses 8 million wallets.

Debate over meaning of milestoneThe milestone has sparked discussion within the cryptocurrency community about the implications for adoption and concentration of XRP holdings. Some observers believe that the growing number of wallets suggests increasing adoption and decentralization, while others point to ongoing concentration among the largest holders.

Crypto_Beard, an active market participant, expressed skepticism about interpreting the milestone as a clear sign of mass adoption. He noted that with only 2,151 XRP required to enter the top 10%, a notable share of the supply may still be controlled by a small number of large accounts.

According to his assessment, experienced market participants closely monitor the concentration of holdings by so-called “whales” rather than focusing solely on the quantity of wallets in use.

Broader distribution and network resilienceOther community voices, like Sugee, highlighted the positive aspects of the milestone. He described the increasing wallet count as evidence of expanding adoption and a broader base of holders. Sugee argued that this development could result in greater liquidity and utility for the XRP Ledger, as well as improved resilience for the network.

He suggested that if the demand for XRP continues to rise while the tokens needed to reach top ownership tiers continue to decrease, the distribution of holdings could play an important role in the asset’s long-term dynamics.

The XRP Ledger is a decentralized, open-source blockchain developed in 2012 to enable fast, low-cost international payments and serves as the backbone for the XRP token. It operates independently of Ripple, the company that supports development and enterprise use cases for the protocol.

Mini dictionary: Whale — In cryptocurrency, a “whale” refers to an individual or organization that holds a large quantity of a particular token, which sometimes gives them significant influence over market movements.

Despite differing interpretations of what the latest data signal for the broader ecosystem, the XRP Ledger’s continued expansion in wallet addresses appears to be accompanied by a changing landscape in ownership distribution.

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 selling pressure is fading fast as Binance exchange inflows have dropped to an all-time low. This suggests that investors are choosing to hold rather than sell as XRP continues to hold above the crucial $1 mark after falling more than 72% from its peak.

CryptoQuant analysts Darkfost now believe this rare on-chain shift could decide whether XRP is preparing for its next major move.

XRP Holders Slow Down Binance DepositsCryptoQuant analyst Darkfost highlighted that XRP inflows to Binance have reached their lowest level on record. The platform is now receiving an average of just 3.6 million XRP per month, a sharp decline compared to previous market cycles.

The data comes as XRP continues to recover from its long correction. Since reaching a cycle high of $3.66, the token has fallen more than 72%, briefly slipping below $1 before reclaiming the level. It is now trading at around 70% below its all-time high while trying to build support above the psychological $1 mark.

According to Darkfost, this drop in exchange inflows points to one thing: sellers are running out.

Consolidation periods usually happen when buyers gradually absorb selling pressure. With fewer XRP tokens reaching exchanges, the market may be entering that phase.

On-Chain Data Shows Sellers Are Stepping BackThe Binance inflow chart reveals a major shift in whale behavior. At its peak, Binance received around 583 million XRP, worth roughly $1.36 billion, from large holders. That figure has now dropped to only 25.3 million XRP, or about $23 million.

The longer-term trend tells the same story. CryptoQuant’s 90-day moving average of exchange inflows has fallen from nearly $460 million in early 2025 to around $69 million, showing that selling activity has slowed consistently rather than temporarily.

CryptoQuant data also shows exchange outflows have reached record highs, meaning more investors are moving XRP into private wallets instead of leaving it on trading platforms.

Together, these signals suggest that many holders are preparing to keep their XRP rather than sell into the current market.

Can Lower Supply Push XRP Higher?While lower exchange inflows reduce selling pressure, analysts believe that alone will not trigger the next rally.

Darkfost noted that the market now needs fresh demand to match the shrinking supply. If buyers begin entering while exchange balances remain low, XRP could react quickly because fewer tokens are available for sale.

On the technical side, crypto analyst ChartNerd believes XRP is still trading under a weekly Supertrend bearish signal. He pointed out that the price has yet to reclaim the $1.50 resistance zone, which remains the key level needed to confirm a broader trend reversal. 

📉 $XRP Weekly Supertrend 📉

For the time being, price remains inside a sustained bearish trend. What's more interesting, is that we have yet to witness a rally into the upper channel neckline that is weighing us down ($1.50). Unusual. The pressure is evident.

Waiting patient.. pic.twitter.com/pMFOtCB5NK

— 🇬🇧 ChartNerd 📊 (@ChartNerdTA) July 30, 2026 Until then, XRP is likely to remain in a consolidation phase despite signs that sellers are losing control.

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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.

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Seoul police have arrested three suspects behind a fake XRP staking platform that defrauded 71 investors of roughly 3.4 million XRP, worth approximately 12.3 billion won ($19 million), by promising guaranteed monthly returns on virtual asset deposits.

The Seoul Metropolitan Police Agency’s cyber investigation unit said Thursday it arrested the suspects on charges of fraud under the Specific Economic Crimes Aggravated Punishment Act, the Criminal Act, and the Similar Reception Act, with two of the three taken into custody. Police believe the full scale of the fraud could reach 27.3 billion won and are investigating the possibility of additional victims.

A Fake Site Built Around a Real Network

According to police, the suspects launched a fraudulent investment site called “FXRP Network” in October last year, falsely claiming that staking XRP through a newly released “FXRP” token would generate monthly returns of 1.5% to 1.8%. The scheme borrowed credibility from Flare Network, a blockchain project that genuinely exists, and FXRP, an actual XRP-linked asset issued by that network.

Investigators said the suspects timed their scam to coincide with FXRP’s official launch, creating a convincing but entirely fake staking service. The promised returns were higher than those offered by legitimate staking products. The site disappeared less than a month after it launched.

Promotion Across Multiple Platforms

Police said the group used Naver Blog, Naver Knowledge iN, Tistory, online articles, Wikipedia, and YouTube to promote the scheme. A Wikipedia entry falsely claimed that FXRP staking could only be done through the overseas exchange Binance, while YouTube channels using names resembling “Upbit Developer” and “Ripple (XRP)” featured actors reciting scripted remittance instructions to victims.

Overseas Exchanges Used to Bypass the Travel Rule

Victims were instructed to move their XRP from domestic exchanges to designated wallets via overseas exchanges, a method police say was designed to circumvent South Korea’s Travel Rule, which requires verification of sender and recipient information for virtual asset transfers exceeding 1 million won. Once received, the stolen assets were sold to over-the-counter traders and converted into Korean won.

Police launched their investigation after receiving intelligence from overseas exchanges flagging a wave of new “FXRP Staking” fraud cases in a short period. Using blockchain tracking techniques, investigators traced the movement of the stolen funds and froze approximately 17.3 billion won in virtual assets across multiple overseas exchanges within three days of receiving the intelligence.

Authorities have issued an Interpol Red Notice and arrest warrant for the alleged ringleader, who remains abroad, and are continuing to investigate accomplices involved in building and promoting the fraudulent site. The three identified suspects are reportedly friends.

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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.

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XRP price rebounded toward $1.10 on July 30 as fresh ETF inflows and Aviva Investors’ move onto the XRP Ledger supported demand, although the charts show that sellers remain active near current levels.

Summary

XRP price rose 1.68% to $1.0917 on the daily chart after touching an intraday high of $1.0950. XRP ETFs recorded $584,000 in net inflows on July 29, ending a 4-day pause. The 4-hour chart places XRP at the $1.0908 Fibonacci resistance, with cash flow still negative. Liquidation clusters near $1.10 and $1.065 could shape the token’s next short-term move. XRP price rebounds but stays below daily resistance According to data from crypto.news, XRP (XRP) price traded at $1.0917 at press time, gaining 1.68% after moving between $1.0685 and $1.0950. The rebound followed a decline that briefly pushed the token toward $1.045 earlier in the week.

Despite the recovery, XRP has not confirmed a broader bullish reversal. Its price remains slightly below the daily chart’s Bollinger Bands’ 20-day middle line at $1.0975, which now acts as immediate resistance.

XRP price daily chart — July 30 | Source: crypto.news A daily close above that level would place XRP back in the upper half of the Bollinger range. The next visible target would be the upper band at $1.1395, representing a potential gain of about 4.4% from the current price.

Momentum is still neutral. The daily relative strength index stands at 47.58, marginally below its signal line at 47.76 and under the neutral reading of 50.

That setup shows that buying pressure has improved from late-June levels, but bulls have not regained firm control. XRP has also traded sideways since early July after its sharp fall from above $1.40 in May.

ETF inflows return as Aviva adopts XRP Ledger The recovery coincided with $584,000 in net inflows into XRP exchange-traded funds on July 29, according to SoSoValue. It marked their first positive daily flow since July 25.

The funds have remained net positive on a weekly basis for three consecutive weeks. However, the latest daily total remains small compared with XRP’s reported $1.26 billion in spot trading volume.

Institutional interest also received support from Aviva Investors, a UK asset manager overseeing about $350 billion. The company plans to offer a tokenized share class of its USD Liquidity Fund on the XRP Ledger to eligible investors with crypto wallets.

Aviva’s move gives XRPL a large traditional-finance use case beyond payments and cryptocurrency trading. It follows the network’s implementation of the fixCleanup3_2_0 amendment on July 29.

For US investors, the return of ETF inflows provides a regulated way to measure demand for XRP exposure. However, uncertainty surrounding the CLARITY Act remains a risk because further delays could keep regulatory concerns in focus.

Four-hour XRP chart shows sellers near $1.09 The 4-hour chart places XRP directly against the 0.618 Fibonacci retracement level at $1.0908. This level is calculated from the decline between $1.1644 and $1.0453.

XRP price 4-hour chart — July 30 | Source: crypto.news XRP briefly traded above the retracement level but had not secured a convincing 4-hour close beyond it. The Supertrend indicator also remained bearish, with its resistance line near $1.0912.

A confirmed break above this area would shift attention toward the 0.5 Fibonacci level at $1.1048. Higher targets sit at $1.1189, $1.1363 and the July swing high of $1.1644.

Money flow does not yet support a strong breakout. The 4-hour Chaikin Money Flow reading stands at minus 0.15, showing that capital continues to leave XRP despite the price recovery.

The negative CMF creates a divergence between rising prices and weak underlying demand. Unless the indicator moves above zero, a breakout beyond $1.10 may struggle to hold.

On the downside, $1.0708 is the first Fibonacci support. The 4-hour Supertrend support sits at $1.0507, close to the recent swing low and the daily lower Bollinger Band at $1.0556.

Liquidation heatmap identifies the next XRP targets CoinGlass’ three-day liquidation heatmap shows a dense concentration of leveraged positions immediately above XRP’s price. The strongest nearby liquidity rests around $1.098 to $1.10, aligning with the technical resistance identified on both price charts.

XRP liquidation heatmap | Source: CoinGlass Markets often move toward large liquidation pools because forced position closures can add momentum. A break through $1.10 could therefore trigger short liquidations and push XRP toward the next liquidity band near $1.11.

A larger concentration is also visible just below $1.07, around $1.065. If XRP is rejected near $1.10, that lower pool could draw the price back toward the $1.0708 Fibonacci support.

Further downside liquidity appears between $1.04 and $1.05. A loss of $1.065 would therefore expose the recent low at $1.0453 and weaken the current recovery structure.

XRP’s immediate direction now depends on whether ETF-led demand can overcome the bearish Supertrend and negative money flow. A sustained close above $1.10 would strengthen the case for $1.1189 and $1.1395, while rejection could return the token to the $1.065–$1.071 support zone.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

XRP is currently trading near $1.07 in late July 2026 as investors watch the legislative progress of the CLARITY Act, which could come up for a vote before the Senate recess ending August 8. The bill, if passed, has the potential to resolve regulatory uncertainty for XRP and influence its price trajectory in the months ahead.

Grok’s projections and analyst targetsGrok, an artificial intelligence assistant developed by Elon Musk’s company xAI, analyzed possible price scenarios for XRP based on the outcome of the CLARITY Act. According to Grok, if the bill is enacted by December 2026 under moderately positive market conditions, XRP could trade in a range between $2 and $4. This scenario assumes regulatory risks ease, allowing for renewed institutional investment and a supportive macroeconomic backdrop.

Standard Chartered, a leading global bank headquartered in London that provides comprehensive financial services, has also revised its 2026 XRP price target. The bank now projects XRP at $2.80 by year-end, a significant reduction from its previous $8 estimate. The target is in line with Grok’s baseline scenario, reflecting expectations of regulatory clarity without extraordinary bullish factors.

Regulatory clarity, according to Grok and Standard Chartered’s analysts, could restore institutional interest and drive capital inflows, but price outcomes ultimately depend on actual investor participation rather than regulatory changes alone.

Legal impact of the CLARITY ActThe CLARITY Act would formally designate XRP as a commodity and place its spot trading under the oversight of the Commodity Futures Trading Commission (CFTC). This shift would permanently resolve XRP’s non-security status, building on past court decisions and SEC-CFTC guidance that have treated the asset as a commodity.

Analysts state that this legal certainty would remove a major barrier for products such as ETFs, as well as for banking and payment integrations involving XRP. However, Grok advises that while clarity can act as a catalyst, significant price appreciation would still require visible increases in capital flows and adoption.

Mini dictionary: CLARITY Act, proposed US legislation seeking to classify certain digital assets, including XRP, as commodities and provide a clear regulatory framework by assigning oversight to the CFTC.

Optimistic versus cautious scenariosIn a more optimistic scenario, where regulatory clarity from the CLARITY Act leads to a surge in institutional inflows and broad adoption in payments and banking sectors, Grok places the possibility of XRP rising to higher single digits and potentially up to $9 by year-end. This would require strong exchange-traded fund (ETF) activity and favorable macroeconomic dynamics.

Despite this, Grok emphasizes that such high price levels are not its base case, as previous models have explored extreme valuations, but those are considered outliers, not central forecasts.

ScenarioXRP Price Target (Dec 2026)Base case (Bill passes, normal inflows)$2 – $4Standard Chartered target$2.80Bull case (Strong institutional demand)Up to $9No passage (Stagnant market)Near or below $1.07If the CLARITY Act fails to advance or faces significant delays, analysts expect XRP to move with broader crypto market sentiment, making major rallies unlikely and leaving the token trading around current levels or lower. Regulatory clarity is a key catalyst, but not the sole driver for demand.

Status of the CLARITY Act in the SenateA revised draft of the CLARITY Act, including ethics provisions, was published on July 22 and placed on the Senate legislative calendar. However, the Senate postponed debate as lawmakers prioritized a Russia sanctions proposal from Senator Lindsey Graham and pending federal nominations. This development decreased the likelihood of a vote before the August recess.

Senate Majority Leader John Thune has indicated interest in opening floor debate before the break, and the bill currently has 51 confirmed votes. Reports indicate that another 7 to 10 Democratic senators may support the measure, suggesting it remains the top regulatory priority for the XRP market.

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

TLDR: The XRP staking scam allegedly took 3.4 million XRP from 71 investors, while police estimate total losses could ultimately approach $19 million. Investigators say the fraudulent FXRP Network site promised monthly returns of 1.5% to 1.8% while misusing a legitimate asset name. Seoul police froze about 17.3 billion won in virtual assets within three days after overseas exchanges flagged a cluster of complaints. Two suspects are detained, another was arrested, and authorities requested an Interpol Red Notice for the alleged overseas ringleader. Seoul police arrested three suspects in an XRP staking scam. It targeted 71 investors through a fraudulent online platform. Investigators say victims transferred 3.4 million XRP, valued near 12.3 billion won when the theft occurred during the scheme. That amount equals roughly $8.5 million, while potential losses may reach 27.3 billion won, or almost $19 million. 

Two suspects were detained, while another was arrested without detention. Authorities are also pursuing an alleged ringleader believed to be overseas. Police warned investors against guaranteed returns and unverified services. These schemes often use legitimate blockchain project names to gain retail trust in Korea.

How the XRP Staking Scam Exploited a Real Asset Name The suspects allegedly opened the FXRP Network website on October 16, 2025. It operated for only one week before disappearing on October 23.

The service claimed users could earn monthly returns between 1.5% and 1.8%. Promoters said deposits would support staking through FXRP, a genuine XRP-linked asset connected to Flare Network. Police said the website had no legitimate relationship with either project. That distinction was not disclosed to victims before they approved transfers through the promoted online service.

Investigators believe the group timed the XRP staking scam around growing public attention toward FXRP. That timing helped the XRP staking scam appear connected to a real product launch. The promised returns also exceeded rates commonly available through legitimate digital asset services.

Promotion spread across Naver Blog, Naver Knowledge iN, Tistory, Wikipedia, online articles, and YouTube. Some posts falsely stated that FXRP staking required transfers through Binance. Other videos used channel names resembling Upbit Developer and Ripple XRP.

Actors reportedly followed prepared scripts that directed victims through each transfer. This approach gave the instructions a professional appearance and reduced suspicion during the payment process.

Victims first moved XRP from domestic exchanges to overseas platforms. They then sent funds into wallets controlled by the suspects. Police believe this structure was designed to avoid South Korea’s Travel Rule checks.

Those rules require sender and recipient verification for virtual asset transfers above one million won. After receiving the XRP, the group allegedly sold it through over-the-counter traders. The proceeds were then converted into Korean won.

Police Trace XRP Staking Scam Funds Across Exchanges Overseas exchanges alerted Seoul police after several FXRP staking complaints appeared within a short period. Investigators then used blockchain records to follow transfers across wallets and trading platforms.

Within three days of receiving the intelligence, authorities froze about 17.3 billion won in virtual assets. The frozen amount exceeded losses confirmed from the 71 victims. Police are examining whether assets include proceeds from additional cases.

Three suspects have been arrested under laws covering aggravated economic crimes, fraud, and unauthorized deposit-taking activities. Two were detained. Investigators described the suspects as friends who divided responsibilities across the operation.

Authorities have also secured an arrest warrant for the suspected ringleader. An Interpol Red Notice was requested after investigators determined that he was staying abroad. Police continue to review the roles of people who built, advertised, or managed the fake staking platform.

The XRP staking scam also highlights the risks surrounding yield products that borrow names from established blockchain networks. FXRP is a real asset associated with Flare, but the XRP staking scam was not an official service.

Police urged users to verify platform domains, ownership details, and project announcements before transferring tokens. Guaranteed monthly returns should receive added scrutiny, especially when deposits require several exchange transfers.

XRP traded near $1.09 on July 30, rising about 1.7% during the day. Immediate support stood near $1.0744, while the 20-day exponential moving average near $1.0963 marked the first resistance level. The investigation has not linked Ripple, XRP, Flare Network, or legitimate FXRP services to the alleged fraud.

Senator Cynthia Lummis continues to push for progress on the CLARITY Act, a comprehensive digital asset regulation bill, expressing growing frustration at the lack of movement in the U.S. Senate. Lummis, who has represented Wyoming since 2020, has focused her tenure on solidifying regulatory frameworks for digital assets to ensure companies remain both in her state and across the country.

Major hurdles for digital asset regulationCynthia Lummis and Senator Kirsten Gillibrand introduced the initial version of the Responsible Financial Innovation Act in June 2022, aiming to distribute regulatory responsibility between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). The bill also introduced provisions for stablecoins and totaled 168 pages at introduction. Instead of establishing a new government agency, the bill adapted existing frameworks to cover digital assets.

By 2023, lawmakers expanded the bill to 274 pages, addressing issues such as crypto mixers, tumblers, ATM regulation, simplified customer agreements, and stricter oversight of crypto advertising. The legislative package eventually evolved into the CLARITY Act, reaching 616 pages and aiming to encourage industry growth on American soil, safeguard consumers, and limit illicit finance.

Senator Cynthia Lummis positioned the act as a way to “grow on American terms,” arguing that clear rules can protect U.S. leadership and security in the global digital asset market.

Intense partisan debateAfter nearly a year of negotiations, Lummis has signaled exasperation with continued opposition from Democratic senators. She emphasized the bill’s extensive compromises and called for action:

After nearly 11 months of giving almost everything asked of us, I genuinely don’t know what else my Democrat colleagues need before we act.

The CLARITY Act advanced out of the Senate Banking Committee in May with bipartisan backing, earning a 15-9 vote. In order to pass on the Senate floor, the measure requires at least 60 votes, including support from at least nine Democrats. Although some Democratic senators have indicated a willingness to back the act, those votes have yet to appear.

Democrats push ethics and consumer protectionIn the lead-up to the committee vote, Senator Elizabeth Warren filed over 40 amendments, reflecting broader Democratic reservations. In total, committee members submitted more than 100 amendments, and American Bankers Association members sent over 8,000 letters urging caution on the legislation. One key Warren proposal would prohibit the Federal Reserve from granting master accounts to companies operating in the crypto sector.

Democratic committee members have unanimously supported an amendment to give the Treasury Department authority to sanction decentralized finance (DeFi) providers, an effort Republicans entirely opposed.

Mini dictionary: DeFi (Decentralized Finance) refers to blockchain-based financial services that do not rely on traditional centralized intermediaries, allowing users to interact directly in lending, borrowing, and trading activities.

Warren and her allies have also demanded robust ethics requirements to address concerns from recent controversies over officials’ potential financial interests in cryptocurrencies. In response, Republican senators released an updated ethics section in late July targeting those concerns, with particular focus on matters related to Trump’s meme coins and the company World Liberty Financial. Despite these efforts, support from many Democrats remains uncertain.

Senate vote deadline approachesSenate Majority Leader John Thune has committed to bringing the CLARITY Act to a floor vote before the August 8 recess. Should lawmakers fail to pass the act, the U.S. will continue operating without clear federal rules for digital assets, leaving gaps in consumer protection and official conduct standards. With the congressional window for action closing, both industry participants and consumer advocates are watching developments closely.

The window for responsible digital asset regulation is narrowing, and the absence of federal clarity leaves both consumers and industry at risk.

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 latest crypto regulation news is forcing investors to distinguish liquid assets from smaller tokens struggling for capital. Enforcement actions, payment-access disputes, prediction-market cases, and delayed US legislation are shaping July activity.

ETH, XRP, HYPE, and MemeToro offer different responses: institutional scale, payment utility, decentralized trading revenue, and open-source presale development.

Ethereum Benefits From Institutional Products And Accumulation Morgan Stanley’s new Ethereum Trust gives traditional investors regulated ETH exposure with planned staking rewards. The product arrived while corporate treasuries continued removing Ether from the open market.

BitMine reportedly holds about 5.7 million ETH, equal to roughly 4.7% of circulating supply. SharpLink also purchased 39,196 ETH over three days for approximately $62.4 million.

The August base case places ETH around $1,900 to $2,100, with a bullish path above $2,500.

The latest crypto regulation news matters because regulated trusts and clearer staking treatment could expand demand. ETH still faces support risk between $1,527 and $1,700.

XRP’s Payment Narrative Depends On Clearer Rules XRP traded around $1.10 to $1.15 during early July snapshots. Forecasts place its mid-cycle target between $2 and $2.50, with a bullish scenario of $3 to $4.

Institutional adoption and payment-network growth support that outlook. Regulatory clarity remains central because XRP’s long history of US enforcement disputes has shaped exchange availability and investor confidence.

The latest crypto regulation news could reduce part of that uncertainty if lawmakers clarify digital-asset classifications.

XRP offers greater liquidity than smaller payment tokens, giving it an advantage when capital becomes selective.

Hyperliquid Struggles Below $55 Price Level HYPE traded around $73 to $76 in one June analysis, with support near $70 to $68 and resistance between $76 and $74.

HIP-3 adoption and USDH margin integration support an average 2026 forecast near $56.92. A move above $64 could open a route toward $70 to $76, while a successful HIP-4 prediction-market rollout may strengthen the bullish case.

HYPE still faces monthly unlocks of about 1.2 million tokens for team members and early backers. Organic demand and buybacks must absorb that supply.

Prediction-market regulation makes the latest crypto regulation news directly relevant to Hyperliquid’s future products.

MemeToro Uses Public Development To Address Buyer Concerns MemeToro is smaller and less liquid than ETH, XRP, or HYPE. Its July momentum comes from development entering the public stage.

Coinsult is building the platform architecture, smart contracts, ERC-8004 integration, and launch-manifest system. The contracts remain unfinished and unaudited.

MemeToro’s reader-focused benefits include:

Public GitHub development Hourly AI launch proposals Fixed-rate funding Wallet contribution limits Automatic liquidity creation Verifiable token distribution These features could help users assess launches more clearly, particularly as the latest crypto regulation news increases demand for transparency.

Smaller Tokens Face A Liquidity Disadvantage Regulatory uncertainty tends to concentrate capital in assets with deeper markets, established custody, and clearer products.

ETH benefits from institutional trusts and corporate holdings. XRP retains a recognized payment narrative, while HYPE generates decentralized trading activity.

MemeToro has raised $87,351.66 during Stage 5, which is 71.02% filled. $MT costs $0.00285, compared with the planned $0.01875 launch price.

The scheduled difference cannot overcome weak liquidity if development or adoption fails. MemeToro must complete its testnet contracts and security review before its open-source design becomes an operating advantage.

The latest crypto regulation news rewards projects that can document what their tokens do. MemeToro is building that record early, while ETH, XRP, and HYPE already have measurable markets.

The latest crypto regulation news also shows that transparency alone is insufficient. Liquidity, execution, and regulatory adaptation will decide which assets preserve July momentum.

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Bitcoin traded higher on Thursday, with spot ETFs returning to net inflows after four straight sessions of outflows.

Crypto sentiment also improved despite remaining in the fear zone as Treasury Secretary Scott Bessent urged the Senate to pass the CLARITY Act.

Notable Statistics:

Coinglass data shows 89,252 traders were liquidated in the past 24 hours for $274.16 million.        SoSoValue data shows net inflows of $32.1 million from spot Bitcoin ETFs on Wednesday. Spot Ethereum ETFs saw net outflows of $18.7 million. In the past 24 hours, top gainers include Uniswap, VeChain and PancakeSwap. Notable Developments:

Trader Notes:

Crypto chart analyst Ali Martinez said a pullback to $60,000 shouldn’t be viewed as bearish, as it could help Bitcoin complete an inverse head-and-shoulders pattern. A breakout above $66,500 would confirm the setup and could pave the way for a rally toward $74,000.

Trader KillaXBT believes this cycle could be the first where Bitcoin remains above the key blue support band, a level that has historically signaled major bullish trend reversals.

As long as BTC holds above it, the trader sees no strong reason to expect the current cycle to deviate from past rallies that led to significant upside.

Daan Crypto Trades noted Bitcoin is retesting local resistance, with $65,000 acting as the key breakout level. A move above that threshold could open the door for another attempt at reclaiming the $67,000 local high.

Image: Shutterstock

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In brief A fake staking site that ran for eight days last October took 3.4 million XRP from 71 investors, worth 12.3 billion won ($8.5 million), Seoul police said. Police say the operators impersonated Flare Network and FXRP, and seeded blogs, articles and YouTube with false information. Investigators traced 27.3 billion won ($18.8 million) through wallets linked to the group and froze 17.3 billion won of it. A fake staking site that ran for eight days last October took 3.4 million XRP from 71 investors, worth 12.3 billion won ($8.5 million), Seoul police say. Two men, both 29, have been referred to prosecutors on aggravated fraud charges, local outlet Chosun reported Thursday.

According to police, the site, Fxrpntwork.com, impersonated Flare Network and its FXRP token, both legitimate projects, and promised monthly returns of 1.5% to 1.8% with principal guaranteed. Investors were allegedly directed to move XRP off domestic exchanges, through overseas venues, and into wallets the group controlled, before the site shut down on October 23 and the operators disappeared.

A fake evidence basePolice said the group planted false information on portal blogs, online news articles and Wikipedia, and produced YouTube videos featuring a paid stand-in, so anyone researching the project found what looked like independent corroboration. The scheme followed FXRP's actual launch the month before.

The stand-in, 34, has been charged with fraud. Police put average losses at 173 million won ($119,000) a victim across the week the site was live.

Police froze 17.3 billion won of assets across overseas exchanges as soon as they detected the scheme. Another 10 billion won moved during the investigation and is unaccounted for, they said. Together that is the 27.3 billion won ($18.8 million) investigators traced through wallets linked to the group, well above the 12.3 billion won confirmed lost by the 71 known victims, which police say points to more.

An overseas exchange tipped off police last October about a surge in staking fraud. Investigators executed 54 search and seizure warrants, arrested one suspect at a hideout after he returned from abroad, and picked up the others in sequence. A fourth man, also 29, is overseas under an Interpol Red Notice. None of the four has been tried, and police have not made their identities public.

South Korean police have brought a run of crypto cases this year, including June's charges against 23 people over laundering $11.1 million in USDT for a Cambodia-based phishing ring. Investigators said they would treat crypto fraud with "zero tolerance," and urged investors to check official sources before sending funds.

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A fake Flare Network staking site has drained 3.4 million XRP (CRYPTO: XRP) from 71 investors, with total losses potentially reaching $19 million as investigations continue, according to a report by the Seoul Metropolitan Police Agency on Thursday.

How The Scam Actually WorkedAs South Korean news outlet Chosun reported, the fraudulent site operated from October 16 to October 23, 2025, promising investors monthly returns of 1.5% to 1.8% on XRP deposits. 

The scammers built credibility by using the name of a genuine blockchain project and spreading fake advertising across Naver blogs, online news articles, Wikipedia, and YouTube.

Two men were detained on aggravated fraud charges and a third accomplice remains at large at an unknown overseas location, Chosun reported. 

Seoul police obtained an arrest warrant and requested an Interpol Red Notice for the fugitive, according to Korea JoonAng Daily.

Why Flare Network Was The TargetFlare Network has deep roots in the XRP ecosystem, debuting in early 2023 and reporting over $160 million in total value locked as of late March 2026, with more than 887,000 active addresses. 

Its real-world credibility made it an effective cover for the scammers to exploit.

“We will strictly respond to cyber frauds involving cryptocurrency under a zero-tolerance policy,” a Seoul police official said, according to Korea JoonAng Daily, urging investors to verify any investment claims before depositing funds.

How Big Is The Broader Crypto Scam Problem?Crypto analytics firm Chainalysis estimated in January that scammers and fraudsters stole as much as $17 billion in cryptocurrency worldwide during 2025.

Criminals increasingly relied on impersonation tactics and artificial intelligence to target victims at scale, the firm added.

The Seoul case fits that pattern precisely — a convincing fake of a legitimate project, amplified through mainstream platforms, targeting retail investors drawn in by yield promises that real staking products rarely match.

XRP Price Update — July 30, 2026Photo via Shutterstock

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TLDR XRP is trading at $1.08, down 1% on the day and about 21% below its 200-day moving average of $1.37. Price action has compressed into a tight range, with technical indicators like MACD and RSI sending mixed signals. Open interest jumped over 10% in 24 hours, and both institutional and retail traders are heavily positioned long. Analysts have set year-end targets between $3.00 and $4.00, based on regulatory and institutional developments. Historical charts show XRP has only had five major bull rallies in 12 years, each followed by steep pullbacks. XRP is currently trading at $1.08. That’s a small drop of about 1% over the last day. The token sits roughly 21% below its 200-day moving average of $1.37.

Price movement has slowed to a crawl. The 24-hour trading range was just $0.03, and the Average True Range sits at the same low figure. Bollinger Bands are tightening, a pattern that often comes before a sharp move in either direction.

Short-term moving averages are stacked above the current price. The 7, 20, and 50-day averages all sit higher, forming a wall of resistance overhead.

XRP Price on CoinGecko Technical Indicators Point in Different Directions MACD has flattened out with a histogram reading of zero. This means the downtrend has lost momentum, but buyers haven’t stepped in with enough force to reverse it.

RSI is at 44. That’s not low enough to trigger buying interest, and not high enough to draw in momentum traders either.

Stochastics tell a different story. With %K at 26.67 and %D at 21.34, the oscillator is pushing into oversold territory. This has historically led to short bounces within a few trading sessions.

The Bollinger %B reading of 0.27 shows price is hugging the lower band. A drop from here would quickly test the $1.05 level, which traders are watching closely as a floor.

Whale and Trader Positioning Open interest rose 10.46% in the past 24 hours. That points to new money entering the market rather than existing positions shifting around.

Institutional traders are 75.6% long, and retail traders are close behind at 72.6% long. Despite this, the taker buy/sell ratio sits at 0.77, meaning sellers are currently winning more trades than buyers.

Some analysts have longer-term price targets. Motley Fool’s Dominic Basulto has set a target of $4.00 by the end of 2026. Fellow contributor Alex Carchidi has pointed to $3.00 as a floor target for the token this year.

These targets are tied to ongoing regulatory clarity and expanded use cases for XRP, not short-term chart patterns.

Looking at the bigger picture, XRP has only seen five major bull rallies in its 12-year history, according to lifetime TradingView charts. Each time, the token gave back most of its gains afterward.

The pattern has repeated at different price levels. When XRP climbed above $1.50, it later fell below $0.50. When it passed $2, it dropped to $0.90. After rising above $3 on three separate occasions, it fell back to $1.10 each time.

XRP hit an all-time high of $3.65 in July of last year. It is now down about 70% from that high, having touched a low of $1.07.

The token is currently at risk of dropping below the $1 mark, with some analysts pointing to $0.90 as the next level down if that happens. Bitcoin has been trading in the $60,000 to $65,000 range for months, and the broader crypto market has not seen a strong upward move this year.

In XRP news today, Coinbase Wrapped XRP (cbXRP) just became significantly more useful. Doppler Finance, an institutional-grade yield infrastructure protocol, has expanded to Base, Coinbase’s Ethereum Layer-2 chain, with cbXRP as its first supported asset.

XRP holders who have been sitting on the sidelines of EVM-compatible DeFi now have a regulated, exchange-backed route into lending, borrowing, and collateral strategies.

This news dropped as the XRP price dropped -1.2% overnight, falling to $1.08 after losing support at $1.10. This marks a -5.4% move over the past seven days. Daily trading volume on XRP USD sits at $1.16Bn, up from $1.05Bn yesterday.

Doppler is expanding to Base.

Starting with infrastructure for cbXRP and paving the way for more tokenized assets over time.

We’re bringing institutional-grade infrastructure for tokenized capital markets to Base.

Excited to build on @base. pic.twitter.com/xyPWGj3Fwe

— Doppler Finance (@doppler_fi) July 29, 2026

XRP News: What Doppler Finance Is Unlocking for cbXRP Doppler Finance was originally built on the XRP Ledger (XRPL), XRP’s native, non-EVM blockchain, to serve institutional participants. Its expansion to Base marks the first time its infrastructure is available to the broader Base DeFi ecosystem, starting with cbXRP support and with additional tokenized assets planned in later phases.

The practical impact is concrete. cbXRP holders can now deposit their tokens into lending markets to earn interest, use cbXRP as collateral to borrow stablecoins or other crypto assets, provide liquidity in decentralized exchange pools, and participate in yield farming strategies, all on Base.

Antonio Garcia-Martinez, Head of Growth at Base, described the broader ambition: once an asset is onchain, it becomes usable as collateral, lendable, and borrowable in ways that were not possible in its native form.

Doppler Finance Head of Institutions Rox Park framed the expansion as a structural shift, noting that the next phase of tokenized finance requires infrastructure that extends beyond any single blockchain.

What cbXRP Actually Is and Why It Works on Base

(SOURCE: CoinGecko)

XRP operates on its own non-EVM-compatible blockchain, the XRP Ledger, meaning it cannot directly interface with Ethereum’s DeFi protocols.

To address this, cbXRP allows users to convert XRP from their Coinbase account into an ERC-20 token on Base, where Coinbase locks the XRP and issues cbXRP at a 1:1 ratio. Essentially, cbXRP acts as a travel adapter for the DeFi ecosystem on Base.

Coinbase maintains a live proof-of-reserves dashboard, showing real-time updates on reserve addresses and balances. As of late July 2026, around 105.64 million cbXRP are in circulation, fully backed by XRP in Coinbase custody, representing over $113M in reserves.

Note that this is a custodial model controlled by Coinbase, which involves centralized custody risks. Users should verify the official Base contract address (0xcb585250f852C6c6bf90434AB21A00f02833a4af) to avoid fake cbXRP tokens that have appeared on other networks.

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cbXRP’s DeFi Trajectory Since Launch Coinbase launched cbXRP on Base on June 5, 2025, alongside Coinbase Wrapped DOGE (cbDOGE), with initial issuance of roughly 2.3 million cbXRP.

The token’s first major DeFi integration came via Moonwell, a lending protocol on Base, which grew to $1.2M in cbXRP liquidity, a proof-of-concept that exchange-backed wrapped assets could attract DeFi capital. The Doppler Finance expansion represents the next leg of that buildout, targeting more sophisticated institutional-grade use cases.

Coinbase has been positioning Base as a multi-asset financial platform, adding tokenized stocks, perpetual derivatives, stablecoin payment rails, and AI-powered financial tooling alongside these wrapped asset integrations. cbXRP sits within that broader strategy.

Making major non-EVM assets natively productive on Base rather than leaving holders dependent on third-party bridges. For XRP price context and institutional accumulation trends feeding demand for these products, the institutional accumulation picture is worth understanding alongside the DeFi utility expansion.

Doppler has indicated that cbXRP is the first, not the last, asset in its Base rollout, with support for additional tokenized assets coming as the ecosystem matures.

The question now is how quickly XRP DeFi activity on Base, lending volumes, collateral utilization, and DEX liquidity depth scale to match the infrastructure being put in place.

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South Korean police have uncovered one of the country’s biggest XRP related crypto scams after arresting three suspects linked to a fake staking platform that promised fixed monthly returns. 

Authorities say the fraud pulled in about 3.4 million XRP from 71 victims, while blockchain tracking shows total wallet flows linked to the operation reached 27.3 billion won (around $19 million).

How the Fake XRP Staking Platform Tricked InvestorsAccording to the Seoul Metropolitan Police Agency’s Cyber Investigation Unit, the suspects created a fake website called Fxrpntwork.com between Oct. 16 and Oct. 23, 2025, posing as the legitimate Flare Network and its FXRP ecosystem.

The platform promised investors guaranteed principal protection along with monthly staking returns of 1.5% to 1.8%. 

To make the scheme look real, the group flooded the internet with fake promotional content across Naver blogs, Tistory, Wikipedia pages, online news articles, and YouTube videos, some featuring paid actors pretending to review the platform.

Police said the fraudsters deliberately launched the website around the real FXRP token rollout to make their operation appear legitimate.

🚨SEOUL POLICE BUST $19M XRP STAKING SCAM!

Three arrested over a fake $XRP staking platform that impersonated Flare Network and FXRP around their launch.

71 victims lost about 3.4 million $XRP.

Roughly 27.3 billion won ($19 million) reached the operators’ wallets.

A fourth… pic.twitter.com/AJ825BmoZj

— Crypto Banter (@crypto_banter) July 30, 2026 Instead of sending XRP directly from domestic exchanges, victims were instructed to move their tokens through overseas exchanges before depositing them into wallets controlled by the scammers. This method helped avoid South Korea’s strict monitoring systems for large crypto transfers.

After collecting approximately 3.4 million XRP, the operators shut down the website and disappeared.

Police Freeze $12 Million, But Part of the Crypto Is Still MissingThe investigation began after an overseas cryptocurrency exchange reported suspicious XRP movements to South Korean authorities.

Using blockchain analysis, IP tracking, domain registration records, and conversation logs, investigators froze about 17.3 billion won ($12 million) in XRP and Tether across several overseas exchanges within three days of receiving the alert.

Authorities are now working through legal procedures to confiscate those assets and return them to victims.

However, police said roughly 10 billion won ($7 million) worth of crypto had already been moved before the freeze and remains missing.

One Suspect On the Run, Faces Interpol Red NoticePolice arrested three suspects, meanwhile, authorities obtained an arrest warrant for a fourth suspect, who is believed to be overseas, and have requested an Interpol Red Notice.

The two main suspects have been referred to prosecutors under South Korea’s Act on the Aggravated Punishment of Specific Economic Crimes, while investigators continue executing additional search warrants to identify others involved in promoting the scam and laundering the stolen crypto through OTC traders.

Story Ends Here

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