Ripple (XRP) and Stellar (XLM) are showing signs of recovery on Tuesday after rebounding slightly the previous day, following double-digit corrections last week. Moreover, XRP continues to attract Exchange-Traded Fund (ETF) inflows and Stellar’s Real-World Assets (RWAs) ecosystem has surpassed $4 billion. These developments indicate growing institutional interest and could provide fresh fundamental support for a recovery in both altcoins.
XRP institutional demand shows signs of strengthInstitutional demand for XRP has remained strong. SoSoValue data showed spot ETFs recorded a $5.64 million inflow on Monday, marking 10 consecutive days of positive flows since August 18. Moreover, net weekly inflows last week exceeded $110 million, the highest weekly flows since early December 2025. If these inflows continue and intensify, XRP could support gains ahead.
Total XRP spot ETF net inflow daily chart. Source: SoSoValue
Total XRP spot ETF net inflow weekly chart. Source: SoSoValueXLM RWAs hit $4 billionStellar announced on its X account on Monday that Real-World Assets (RWAs) on its network have surpassed $4 billion. This highlights the rapid expansion of Stellar’s RWA ecosystem and supports a bullish long-term outlook for XLM.
XRP technical outlook: Key 200-day EMA holds strongXRP price trades at $1.37 on Tuesday, maintaining a bullish near-term bias as it remains above key Exponential Moving Averages (EMAs). The 200-day EMA at $1.35 underpins the advance together with the 100-day EMA at $1.21 and the 50-day EMA at $1.21, suggesting a constructive underlying trend despite the recent pullback from overbought RSI readings.
The Relative Strength Index (RSI) has eased to 61 from earlier extreme levels. At the same time, the Moving Average Convergence Divergence (MACD) has slipped marginally negative, hinting at waning upside momentum rather than a clear trend reversal as long as price holds over the 200-day EMA.
On the topside, the next significant barrier is the horizontal resistance at $1.90, where fresh supply could emerge if the rally extends.
On the downside, immediate support sits around the current consolidation area, backed by the 200-day EMA at $1.35, followed by the horizontal floor at $1.30. Deeper setbacks would expose the broader demand zone defined by the 100-day and 50-day EMAs clustered near $1.21, ahead of the more distant structural support at $1.00.
XRP/USDT daily chartXLM technical outlook: Near key resistance zoneXLM price trades at $0.1776 on Tuesday, capped by a dense cluster of EMAs just overhead, which keeps the near-term bias bearish. XLM price is marginally below the 50-day EMA at $0.1778, with the 100-day and 200-day EMAs higher at $0.1797 and $0.1890, respectively, suggesting rallies remain vulnerable while these levels hold as resistance.
The RSI hovers around 50, hinting at a loss of upside momentum, while the MACD has slipped back below the zero line, reinforcing the idea of a fading bullish phase and scope for further consolidation or downside.
On the downside, immediate support is seen at the nearby horizontal level at $0.1774, which forms a tight pivot zone around the current price, before a more distant structural floor emerges at $0.1420.
On the topside, initial resistance is given by the 50-day EMA at $0.1778, followed by the 100-day EMA at $0.1797 and the 200-day EMA at $0.1890; only a sustained break above this moving-average stack would ease bearish pressure and open the way for a more constructive recovery phase.
XLM/USDT daily chart(The technical analysis of this story was written with the help of an AI tool. Know more.)
CME Group and CF Benchmarks went live on August 31 with two new multi-asset cryptocurrency benchmarks, with the headline product being one that deliberately sidesteps the two biggest names in the market.
What the index tracks Its ten constituents are BNB ($BNB), XRP, Solana ($SOL), Hyperliquid's $HYPE, Chainlink's $LINK, Stellar, Sui, Uniswap, Avalanche and Aave ($AAVE). A companion CME CF Crypto Market Index holds those same ten assets plus Bitcoin and Ether, functioning as a broad-market gauge.
Both indices use free-float market capitalisation weighting, with the constituent lineup reviewed every June and December.
Benchmarks, not tradable products, for now
The door to tradable products is not closed. That precedent suggests the new benchmarks could serve as the foundation for listed products further down the line.
Sources:
Crypto Briefing: CME launches two new cryptocurrency tracking indices with CF Benchmarks
Crypto Economy: CME Emerging Crypto Index Launches Without Bitcoin Or Ethereum
CME Group: CME Group to Launch Nasdaq CME Crypto Index Futures (press release)
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
After one of its strongest rallies in recent months, Hyperliquid is getting close to the psychological $100 target; however, the most recent technical structure indicates that another large wave of buying pressure will be necessary to reach triple digits. After momentarily reaching about $87, HYPE is currently trading at about $80.83.
Hyperliquid's temporary pauseThe asset traded below $60 in mid-August before quickly rising more than 40% and setting a new local high, indicating the size of the move. The moving averages are the first point in the bullish argument. On the daily chart, HYPE trades comfortably above each of the major trend indicators.
HYPE/USDT Chart by TradingViewThe 50-day and 100-day moving averages are at roughly $63.21 and $61.97, respectively, while the 20-day EMA has accelerated to about $71.67. At $54.66, the 200-day moving average is much lower. This structure demonstrates that HYPE is not opposing a more general bearish trend.
HOT Stories
Rather, the main question is whether momentum can support an additional 24 percent increase from current prices to $100. The $85–$87 area is the first barrier. Selling pressure has already been applied to HYPE there, resulting in multiple upper wicks and delaying the most recent breakout.
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Before the market can seriously challenge $100, a daily close above $87 would leave $90 as the next psychological barrier. The primary issue in the short term is momentum. The RSI recently moved above 70 and is currently at about 65. It is encouraging that the indicator has cooled significantly without collapsing, but it also indicates that the initial breakout impulse is weakening.
The story of trading volume is similar. As HYPE broke through $60–$70, volume increased sharply. However, as the price moved sideways around $80–$85, volume progressively decreased.
Any breakout above $87 would be strengthened by renewed volume. The immediate support range on the downside is between $78 and $80. Without necessarily disproving the bullish trend, a deeper retreat might move HYPE closer to the rising 20-day EMA at $71.67.
XRP reaches key levelsAfter giving back a significant amount of its August breakout gains, XRP has reached one of the most significant technical levels on its daily chart. The price is currently directly testing the 200-day moving average.
The 200-day moving average is close to $1.35, and XRP is currently trading at about $1.37. Because of how small the difference is, the market is already effectively testing this long-term support. This level is significant because XRP only recently recovered the 200-day average during its dramatic surge from roughly $1.00.
XRP/USDT Chart by TradingViewBefore profit-taking took over and forced the asset back toward its breakout zone, the breakout drove XRP as high as $1.70. The bullish reversal structure would be strengthened if $1.35 were successfully defended.
XRP would indicate that the 200-day moving average may have flipped into support rather than plunging back under long-term resistance right away. There is already some indication of buying in this area in the current candle. XRP fell to $1.34 for a short while before rising above $1.36.
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One intraday reaction, though, is not enough to guarantee that support will endure. Additionally, momentum has significantly decreased. After surpassing 80 during the first breakout, the RSI has dropped to about 61. Because XRP is no longer overbought, buyers have much more leeway to react if demand recovers at $1.35.
In contrast to the massive volume expansion that coincided with the initial breakout, volume has also steadily decreased during the correction. If $1.35 holds, XRP might try to get back to $1.40 before going after the resistance zone between $1.45 and $1.50. If $1.50 is broken, the recent highs would once again be taken into consideration.
A decisive daily close below $1.35 marks the start of the bearish scenario. If so, the next significant dynamic support is much lower, with the 100-day moving average close to $1.21 and the 20-day EMA around $1.27.
Solana isn't giving upFollowing its spectacular August breakout, Solana is refusing to give up the $100 level, with buyers consistently intervening whenever SOL gets close to the psychological threshold. According to the most recent structure, $100 has swiftly changed from being an upside target to the most significant short-term support for the market.
SOL/USDT Chart by TradingViewAfter hitting about $110 during the most recent rally, SOL is currently trading at about $102.70. Solana gained about 45% in less than two weeks before momentum began to slow down. The move started at about $75. Sellers have yet to generate a daily breakdown below $100, despite the correction from $110.
The most recent session saw SOL rise above $102 after hitting an intraday low of about $100.90. This defense is important because there is not much technical structure just below $100. At roughly $90, the strongest dynamic support cluster is still significantly lower. The 200-day moving average is currently close to $90.28, while the 20-day EMA has risen quickly to about $90.80.
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If $100 eventually fails, their convergence creates a significant secondary support zone. But for the time being, Solana is still holding the psychological level. Momentum has moderated since the decline. The daily RSI moved deep into overbought territory before declining toward 69.
As a result, SOL maintains its relative strength without exhibiting the same extreme momentum conditions as the breakout's peak. In comparison to the massive activity seen during the initial move through $80–$100, volume is also decreasing.
This implies that the selling intensity caused by the most recent correction has not yet matched the buying pressure behind the breakout. The first barrier on the upside is $105, which is followed by the recent peak of $109–$110. In addition to confirming continuation, breaking $110 could pave the way for $115–$120.
If SOL closes firmly below $100, the bearish scenario becomes more pertinent. A retracement toward $95 and ultimately the $90 support cluster could be accelerated by such a move, which would eliminate the psychological floor. Following its vertical rally, Solana is still extended, so further consolidation would be expected.
After one of its strongest rallies in recent months, Hyperliquid (HYPE) is approaching the $100 mark, but its latest technical indicators suggest that significant buying pressure will be required for the asset to enter triple digits. The token briefly touched $87 before retreating and is currently trading at approximately $80.83.
HYPE: Momentum Slows Near ResistanceIn mid-August, HYPE was trading below $60. It then surged more than 40%, setting a new local peak that highlighted the magnitude of the rally. The daily chart now shows HYPE well above its key trend indicators. The 20-day exponential moving average stands at about $71.67, the 50-day and 100-day moving averages are near $63.21 and $61.97 respectively, and the 200-day sits at $54.66. This configuration indicates an overall bullish structure rather than a reversal against a broader bearish trend.
For HYPE to reach $100, momentum will need to sustain another 24% advance from its current price. The area between $85 and $87 presents a notable barrier, with selling pressure evident as the asset faced multiple upper wicks at this level, slowing recent attempts to break out further. A daily close above $87 would make $90 the next psychological milestone.
Momentum indicators show mixed signals. The RSI, which recently moved above 70 and now sits around 65, reflects a cooling momentum. While this suggests some consolidation, it also signals that the strong impulse driving the breakout is moderating.
A similar pattern emerges in trading volumes. Activity surged when HYPE moved from $60 to $70, but volume has steadily declined as the price consolidated between $80 and $85. A confirmed breakout above $87 would likely require renewed volume.
On the downside, immediate support lies between $78 and $80. A deeper pullback might see HYPE test the 20-day EMA near $71.67 without necessarily ending the prevailing uptrend.
IndicatorCurrent ValuePrice$80.8320-day EMA$71.6750-day MA$63.21100-day MA$61.97200-day MA$54.66RSI65HYPE’s momentum has cooled since its breakout, with the RSI dropping back from overbought territory and volume waning, suggesting further gains depend on renewed buying activity.
XRP Tests Major Support at 200-Day AverageRipple’s XRP has surrendered much of its August gains and now tests a crucial long-term technical level—the 200-day moving average at $1.35. The asset is currently trading close to $1.37, with the difference so slight that this area effectively functions as a test of support.
XRP only recently reclaimed this key average during a sharp move from $1.00, which pushed the price to $1.70 before sellers stepped in. Successfully holding $1.35 may strengthen the bullish narrative, signaling that the 200-day average has reversed from resistance to support.
Intraday price action shows some early buying interest as XRP briefly dipped to $1.34 before rebounding to above $1.36. However, the recent loss of momentum is evident in technical indicators. After peaking above 80 during the rally, the RSI has dropped to 61, indicating that overbought conditions have subsided and that buyers could respond if demand recovers.
Trading volumes remain in decline since the correction began, after surging with the initial breakout. Should $1.35 continue to hold, XRP could attempt to climb to $1.40 and then face resistance between $1.45 and $1.50. A strong move above $1.50 would once again bring the previous highs into focus.
If XRP closes decisively below $1.35, a more bearish scenario could quickly unfold. The next meaningful support would then be the 100-day moving average at $1.21, with the 20-day EMA around $1.27 acting as an intermediate level.
XRP is testing its 200-day moving average at $1.35, a key level that recently switched from resistance to support after a surge from $1.00. Buyers are active, but falling momentum and shrinking volume suggest the outcome remains uncertain.
Solana Defends $100 as Buyers Step InSolana (SOL) holds firm near the $100 level following its rapid August rally. The project, known for its high-throughput blockchain platform, has attracted buyers each time the price dips toward this psychological threshold, making $100 both a support and a pivot for market sentiment.
SOL touched $110 during its most recent advance and currently trades at about $102.70. The token gained roughly 45% in less than two weeks after rising from $75, although momentum has eased as the price corrects from recent highs. Buyers have prevented a daily close below $100 during the pullback from $110.
The latest session saw SOL rebound to $102 after an intraday dip to roughly $100.90, with this defense particularly significant due to limited technical support below $100. At $90, a confluence of major support exists, where the 200-day moving average and the 20-day EMA (currently at $90.28 and $90.80, respectively) converge.
If $100 fails, SOL could quickly slide toward this next cluster of support. However, Solana continues to hold above the psychological floor, with the daily RSI cooling to approximately 69 after previously entering overbought territory. Decreasing volume further reflects a moderation in trading activity as the rally consolidates.
Should buyers regain momentum, the immediate resistance is at $105, followed by the recent peak range of $109 to $110. A close above $110 could pave the way for targets in the $115 to $120 area. Alternatively, a loss of $100 would make a retreat towards $95 and the broader $90 support range more likely as SOL consolidates gains from its steep rally.
Mini dictionary: Solana, a high-speed, decentralized blockchain platform known for its scalable architecture and fast transaction processing, is popular among both decentralized application developers and DeFi participants due to its low transaction fees and efficient throughput.
While XRP has recovered from the $1.02 area where it traded for some time, new derivatives data suggests that buyers have not yet entered full FOMO mode.
XRP recently climbed from around $1.00 to nearly $1.70 before pulling back to the current price of $1.36. However, the Binance Taker Buy/Sell Ratio currently stands at 0.92, showing that sellers remain more active than buyers in the derivatives market.
With the ratio still below 1 while XRP’s price rises, the data suggests that the recovery has yet to receive strong buying support from derivatives traders.
XRP Derivatives Data | Source: CryptoQuant In simple terms, XRP has gained ground, but buyers have not taken full control of the market. Profit-taking and short-term selling may still be affecting price action following the previous rally.
XRP’s market capitalization shows a similar pattern. It immediately rose from around $63 billion to nearly $107 billion by Aug. 22 before falling back to about $85.2 billion.
The decline in market capitalization does not necessarily signal a major problem, as XRP remains well above its previous low. However, the failure to set a new high after reaching around $1.69 suggests that the rally has lost some momentum.
XRP Approaches an Important Price Zone XRP currently trades around $1.36 and is approaching a key area within the Ichimoku structure. This makes the $1.35-$1.40 range an important short-term decision zone.
If the Taker Buy/Sell Ratio moves above 1, it would provide evidence that buyers are gaining control and that the recovery could continue.
Past XRP price recoveries have often coincided with rising Taker Buy/Sell Ratios, while readings that remain below 1 have pointed to continued selling pressure. Based on the chart, the risk of sideways or slightly lower price action remains higher in the short term unless buying pressure picks up.
XRP Derivatives Activity Raises Leverage Concerns At the current price, XRP’s futures open interest stands at $2.52 billion and 24-hour derivatives volume reaches $2.24 billion. Spot volume, by comparison, sits at just $386 million.
The large difference between derivatives and spot activity suggests that derivatives trading played a major role in the recent rally, instead of the move coming mainly from spot buying.
Leverage has also increased. The estimated leverage ratio climbed to 0.193, close to the six-month high of 0.213. Funding rates have averaged 0.006, which remains above the quarterly baseline.
This buildup in leverage later saw an unwind. Long liquidations reached $25.7 million on Aug. 22, marking the largest single-day total over the past six months. Funding rates have since fallen from 0.010 to 0.002, while open interest has dropped 13% from its peak.
These changes show that traders have reduced some of the leverage built up during the recovery. The market now appears to be going through a period of deleveraging instead of showing signs of heavy FOMO.
XRP Exchange Flows Meanwhile, on-chain exchange flows show a more positive sign. Binance deposit addresses have fallen to just 45, a 91% decline from the quarterly baseline. At the same time, average XRP outflows have reached 298,660 XRP, compared with average inflows of only 136,319 XRP.
The higher outflows suggest that XRP exchange supply is tightening even as the price pulls back. If this trend continues and spot demand increases, the lower exchange supply could provide support for the next move.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.
XRP has recently seen a significant uptick in market activity, with its 24-hour trading volume reaching approximately $3 billion on Sunday. With a circulating supply of around 62.74 billion tokens and a total supply of roughly 99.98 billion, XRP continues to attract growing investor attention and trading activity.
Summary
XRP’s 24 hour trading volume reached about $3 billion as market activity increased, while the token traded near $1.36. U.S. spot XRP ETFs recorded about $110 million in weekly net inflows through Aug. 30, according to figures cited in the report. XRP’s price pulled back despite the higher trading activity, with profit taking, whale portfolio changes and leveraged liquidations cited as possible factors. EX DeFi promoted cloud mining contracts as an alternative income source for XRP holders, with advertised daily returns varying by contract size and duration. Alongside the surge in trading volume, institutional demand for XRP is heating up. US spot XRP ETFs have seen consistent inflows recently; the week ending August 30 recorded a cumulative net inflow of approximately $110 million, the highest weekly figure since 2026, further heightening market interest in XRP’s future performance.
Surprisingly, however, despite the simultaneous rise in trading volume and institutional demand, XRP’s price failed to rally as expected, instead pulling back to around $1.36. This “rising demand, falling price” dynamic has prompted many investors to re-evaluate XRP’s current valuation and future trajectory.
For long-term XRP holders, the question of how to generate passive income, beyond simply waiting for price appreciation, has become a key focus.
Consequently, an increasing number of investors are turning to the EX DeFi cloud mining platform, seeking to boost their returns through cloud mining rather than relying solely on price increases for profit.
Why did the XRP price pull back despite surging demand? Although market demand for XRP remains strong, the price has retreated, indicating that new buying pressure is not yet sufficient to fully offset selling pressure in the spot market.
Analysts suggest that after XRP’s recent rapid rally, some investors opted to take profits while leveraged long positions were liquidated. These factors likely amplified short-term selling pressure, creating a temporary divergence between the continuous inflow of ETF capital and the spot price of XRP.
Therefore, the current pullback in XRP’s price does not necessarily signal a decline in market demand; rather, it likely reflects the interplay of institutional inflows, portfolio rebalancing by “whales,” short-term profit-taking, and leveraged trading activity. Meanwhile, recent XRP long positions totaling approximately $48 million have further heightened market interest; XRP remains a prominent cryptocurrency attracting significant attention within the 2026 digital asset market.
As the price of XRP fluctuates, EX DeFi cloud mining has emerged as an alternative method for generating passive income.
With increasing volatility in XRP prices, more investors are looking for other ways to earn passive income. EX DeFi offers sustainable energy-based cloud mining solutions, providing investors with a way to participate in the digital asset ecosystem without the need for specialized hardware or complex technical expertise.
Compared to traditional mining, cloud mining reduces the burden on users regarding hardware procurement, power supply, equipment maintenance, and daily operations. The platform manages computing power and operations, while users participate in mining and track their earnings through an automated system.
For investors who hold XRP long-term but wish to explore other avenues for generating returns from digital assets, cloud mining offers a participation model that goes beyond simply waiting for the XRP price to rise.
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Security and compliance measures include: Annual financial and security audits conducted by PwC;
Custodial digital asset insurance provided by Lloyd’s of London;
Enterprise-grade security solutions powered by Cloudflare and McAfee®;
Implementation of multi-layer encryption architecture, 24/7 monitoring, and real-time risk management mechanisms.
The platform currently supports a wide range of mainstream crypto assets, including XRP, BTC, ETH, USDT, BNB, ADA, USDC, DOGE, LTC, and SOL.
Even beginners can get started with mining. Step 1: Register an Account
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Conclusion While XRP has recently seen a significant increase in trading activity and institutional demand, its price has experienced a pullback. However, given the evolving dynamics of ETF capital flows, “whale” activity, and market sentiment, XRP retains significant value potential for the future.
For long-term XRP investors, beyond monitoring price trends and ETF inflows, there is also the opportunity to participate in digital asset services like EX DeFi cloud mining. Whether you are a novice or an experienced investor, you can leverage XRP to generate stable passive income.
Digital currency represents the future of finance; join the EX DeFi cloud mining platform today and start reaping the rewards of the digital currency era!
Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.
XRP price traded near $1.36 on Aug. 31 after falling roughly 7% over seven days, as fading momentum and leveraged position unwinding offset record weekly demand from U.S. spot exchange-traded funds.
Summary
XRP price retreated from $1.48 to $1.36 but remained above its 4-hour Supertrend support at $1.341. U.S. spot XRP ETFs attracted $110.49 million during their strongest inflow week of 2026. CoinGlass data shows major liquidation concentrations near $1.35, $1.38, and between $1.44 and $1.50. A break below $1.34 could expose $1.28, while reclaiming $1.40 would improve the recovery setup. XRP price pulls back 7% after August rally According to data from crypto.news, XRP (XRP) price was trading around $1.36 on Aug. 31 at the time of writing. The token had declined from approximately $1.48 over the previous seven days, leaving it down about 7% for the period.
The pullback followed a rapid recovery from an August low near $0.98. XRP gained more than 30% during the month and briefly reached $1.70 on Aug. 22 before sellers rejected the move. Price then formed a series of lower highs below $1.55, $1.50, and $1.45.
XRP’s 4-hour chart shows that the latest decline brought the token back toward a support area that formed during the initial breakout. The Supertrend indicator remained bullish at $1.341, placing its active support slightly below the market price.
XRP price 4-hour chart — Aug. 31 | Source: crypto.news However, the Awesome Oscillator registered a negative reading of -0.0364. Its histogram also stayed below zero, indicating that short-term bearish momentum had not fully cleared despite XRP’s attempt to stabilize above $1.35.
The combination leaves XRP at a decision point. Holding $1.34–$1.35 would preserve the higher trading range created by the August rally, while a confirmed 4-hour close below it could weaken the remaining bullish structure.
ETF inflows counter XRP derivatives reset U.S. spot XRP ETFs recorded $110.49 million in net inflows during the week ending Aug. 28, according to data from SoSoValue. It was their strongest weekly result of 2026.
The funds held about $1.44 billion in net assets after the inflows, while cumulative net inflows reached approximately $1.66 billion. The demand created a contrast between institutional fund flows and XRP’s falling market price.
Derivatives traders took a more defensive position. Aggregate XRP futures open interest had climbed to approximately $2.73 billion earlier in August, its highest level since October, as leveraged traders positioned for a larger move.
Price and open interest later declined together as XRP retreated from the $1.48–$1.50 resistance zone. Such a combination generally points to traders closing existing positions rather than building an aggressive new short position, although open-interest changes alone cannot identify every trader’s direction.
The reset reduced some of the leverage accumulated during the rally. It did not, however, produce enough spot buying to return XRP above $1.40 before the end of the month.
XRP liquidation map identifies the next price magnets The one-week CoinGlass liquidation heatmap places the largest nearby liquidity concentrations around $1.35 and $1.38. XRP tested both areas during the Aug. 31 decline and was trading between them when the chart was captured.
XRP liquidation heatmap | Source: CoinGlass A concentrated band around $1.35 could attract further price movement if sellers retest the weekly low. Losing that level would place the next visible liquidity pockets near $1.33 and $1.30.
Liquidity also remains stacked above the market. The first meaningful overhead cluster appears near $1.40–$1.42, followed by a broader concentration between $1.44 and $1.45. Larger liquidation bands extend toward $1.48–$1.50.
Those zones could accelerate a rebound if XRP moves higher and forces leveraged short positions to close. They can also act as resistance because traders may use the same levels to exit positions.
The daily chart provides a more constructive signal. Chaikin Money Flow stood at 0.09, keeping the indicator above zero and pointing to net buying pressure over its 20-day measurement period. The positive reading suggests capital has not fully left the market despite the weekly price decline.
XRP price daily chart — Aug. 31 | Source: crypto.news XRP nevertheless remained close to the daily Murrey Math pivot near $1.40. A daily recovery above that level would open a path toward $1.50 and the chart’s $1.60 resistance. Failure to reclaim it would leave the token exposed to another test of the lower trading range.
XRP support at $1.28 becomes the main downside test Chart analyst ChartNerd said XRP had failed to reclaim its 50-week exponential moving average for a second consecutive week. The analyst placed that average near $1.53 and identified the 20-week EMA around $1.27 as the next short-term support floor.
The weekly rejection adds weight to the $1.48–$1.53 resistance range. A break above the zone would invalidate the present series of lower highs and allow buyers to target $1.60, followed by the August wick near $1.70.
On the downside, the 4-hour Supertrend at $1.341 offers the first line of support. A decisive break could send XRP toward $1.30 and the weekly 20 EMA near $1.27–$1.28. The bullish August recovery would become more vulnerable if the price closes below that moving average.
Ripple’s scheduled escrow release adds another short-term consideration. The company’s monthly system is set to unlock 1 billion XRP on Sept. 1, although Ripple has historically returned a large share of the released tokens to escrow. The scheduled release does not mean the full amount will enter the open market at once.
CLARITY Act vote adds a US policy catalyst The U.S. Senate is expected to hold a procedural vote on the CLARITY Act on Sept. 15. The vote would test whether supporters can secure the 60 votes required to advance the market-structure legislation.
The vote is not final passage, and no signed law is scheduled for Sept. 15. Its outcome could still affect sentiment toward U.S.-traded digital assets because the proposal seeks to clarify federal oversight of crypto markets.
For XRP, the immediate technical range remains more important. Buyers must protect $1.34–$1.35 and reclaim $1.40 to shift short-term momentum. Losing the lower boundary would increase the risk of a deeper correction toward $1.28, while a move above $1.50 would put the August recovery back in control.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Bitwise XRP ETF Leads the Pack@Bitwise has reached a notable milestone: its spot XRP exchange-traded fund has crossed $500 million in cumulative net inflows, making it the first XRP ETF to hit that threshold.
Institutional Demand and a Competitive Landscape Portfolio managers are increasingly looking to $XRP as a complement to $BTC and $ETH positions, drawn in part by the ETF structure itself.
That regulatory clarity opened the door for a wave of competing products.
The milestone also reflects broader momentum behind the XRP community.
Sources:
Bitwise Investments: Bitwise XRP ETF Launches on NYSE (Official Press Release)
The Crypto Basic: Bitwise Fund Becomes First XRP ETF to Hit $500M Netflow Milestone
Ripple Insights: XRP ETFs, The Institutional Era Has Begun
XRP has spent the past several days trading sideways after a big rally, and that sideways action has formed a pattern experts call a “bull flag.” In plain terms, that’s a brief pause after a strong move up, one that often ends with the price continuing in the same direction it was already heading, higher.
What The Bigger Picture Looks Like
XRP has been stuck in a tight, choppy range since the crypto bear market began back in July of last year. That range recently broke, with XRP posting one of its biggest weekly moves in a long time. To one technical analyst watching the chart, that looks like more than just a bounce, it looks like the start of a real trend change.
Two Numbers That Matter Right Now
For XRP right now, it really comes down to two prices:
$1.43 on the way up. If XRP can close above this level for a few hours in a row, that’s the signal traders are watching to confirm the breakout is real.$1.30 on the way down. If XRP falls below this instead, the bullish setup falls apart, and a deeper pullback becomes the more likely outcome.Right now, XRP is sitting between those two numbers, essentially holding its breath.
If XRP Breaks Higher, Here’s The Target
The analyst puts XRP’s short-term target at around $2.10. From where XRP is trading now, that would be a move of roughly 56%, a big swing, but one the analyst believes is realistic if the $1.43 level gives way.
Looking even further out, there’s a bigger target on the table too: around $3.68, which would mark a new all-time high for XRP. That move wouldn’t happen overnight. It’s more of a “over the coming weeks and months” kind of target, not something that shows up on the chart tomorrow.
Why Not Many People Are Talking About This
Here’s the interesting part. After XRP spiked to $1.70 last week, a lot of everyday retail traders reportedly cashed out and moved on, assuming the move was over. That’s actually why this setup could catch people off guard, most of the crowd has already stopped paying attention, right as the chart is building toward a potential breakout.
The analyst says watch $1.43. A confirmed break above it could open the door to a run toward $2.10 in the near term, with $3.68 as a longer-term target if momentum keeps building. On the flip side, losing $1.30 would flip the picture bearish.
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.
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EGRAG CRYPTO, a well-known chart analyst in the digital assets community, has presented a structured short-term outlook for $XRP, highlighting a series of critical price levels he believes will determine the coin’s next significant move.
XRP’s Path: Support and Resistance Levels IdentifiedEGRAG CRYPTO outlined a stepwise progression where XRP may first approach the $1.40 area, suggesting a gradual advance before facing a correction. His analysis then suggests a potential decline to the $1.15-$1.20 region. According to his projections, this support zone will be key in assessing whether buyers step in to stabilize the market.
EGRAG CRYPTO describes the process as follows: $1.40 area leads to a retest between $1.15 and $1.20, followed by a recovery attempt toward $1.63–$1.65. Should the price reclaim and hold $1.65 with momentum, $1.80 becomes the subsequent major resistance to watch.
He further emphasized the importance of the $1.65 level. If XRP manages a sustained move above this point, it could trigger additional upward momentum, with $1.80 serving as the next milestone in the rally scenario.
The $1.15-$1.20 Zone ExplainedThe case for the $1.15-$1.20 range rests on technical factors. EGRAG CRYPTO identifies this area as a significant retest zone that combines key horizontal support with the lower boundary of the current market structure. He considers it a “logical area for buyers to defend” to prevent deeper declines.
The analyst also cited a condition that could change the trajectory. If XRP achieves a weekly close above $1.65, he would reassess the outlook, possibly favoring new positions even at higher prices. During a recent upswing, XRP surpassed $1.65 but failed to sustain that level through the week’s end, which kept the broader setup intact.
Price LevelRole$1.40Initial resistance$1.15–$1.20Targeted support/retest zone$1.63–$1.65Major resistance checkpoint$1.80Next major upside targetMoon Lambo, a prominent content creator who regularly discusses digital asset trends, addressed EGRAG CRYPTO’s analysis. He acknowledged the analyst’s persistent optimism about XRP, confirming that EGRAG CRYPTO has repeatedly called for the token to reach double-digit prices, especially during periods of strong altcoin performance.
On the matter of the short-term retracement towards $1.15–$1.20, Moon Lambo voiced skepticism. He told his viewers he does not anticipate such a dip but respects differing perspectives. “I just don’t think that’s likely, but I could be wrong, and I’d rather see us move higher,” he explained, stressing his willingness to share diverse opinions with his audience.
Moon Lambo regarded the long-term outlook as reasonable, stating that a double-digit price for XRP is not outside the realm of possibility.
He underlined that even if he disagrees with the short-term forecast, he does not rule out significant future gains for the token.
Mini dictionary: Moon Lambo is a cryptocurrency influencer and YouTube commentator focused primarily on XRP and related blockchain developments. His content is known for engaging discussions on price trends, market sentiment, and industry news.
Strategy: Prioritizing Structure over UncertaintyEGRAG CRYPTO closed his analysis by reinforcing a disciplined approach. He argued that trading decisions should be based on data and calculation, not emotion. He has consistently stated that focusing on defined chart structure provides traders with a more effective roadmap than relying solely on market noise or speculation.
EGRAG CRYPTO is recognized within the crypto community for his technical chart analyses and scenario-driven projections for leading assets, including XRP. His regular breakdowns provide retail and professional traders with reference points for market navigation.
XRP Price hovered around $1.37 on August 31 as markets weighed renewed progress surrounding the United States cryptocurrency framework.
XRP price declined approximately 2% during 24 hours, indicating that political optimism has yet to inspire lasting demand. The approaching September 15 Senate vote now presents a major catalyst for XRP traders.
CLARITY Act Vote Brings September 15 Into Focus On September 15, Senators will vote on a cloture motion at 2:15 p.m. to approve the Digital Asset Market Clarity Act. The measure requires a 60 vote before the chamber gets to a formal debate of the proposed regulatory framework. Success would only take the discussion to the next stage, not guarantee approval.
Some matters are still to be addressed, including rewards for stablecoins, safeguards for decentralized finance and proposed ethical constraints. In July 2025, the House voted on and passed its version 294–134, with 78 Democrats voting in favor. In May 2026, the Senate Banking Committee passed the suggestion by a score of 15-9, but a more general measure was then dropped.
🚨 BREAKING: MAJOR CLARITY ACT SIGNAL! 🇺🇸
CFTC Chair Michael Selig is reportedly expressing confidence around the September 15 Senate vote on the CLARITY Act.
The Senate has the procedural vote scheduled for September 15, although significant issues still remain.
🔥 If…
— ARAB ! 🪖 (@XrpArab) August 31, 2026
Before further steps could be taken, Democrats are said to have demanded greater protections relating to political officials and cryptocurrency profits. Estimates from the prediction markets have shifted to show that 2026 passage is now close to 14%, down from February when estimates were at 82%. If cloture is unsuccessful, it may not provide enough time until the Oct. election recess.
CFTC Chairman Michael Selig has indicated that the agency has authority to craft the rules of the market with its current powers. In the meantime, on August 18th, the SEC issued Regulation Crypto Assets, which includes a few definitions that align with CLARITY.
XRP ETFs Attract Record $110.49 Million Weekly Inflows XRP exchange-traded funds collected $110.49 million last week, marking their largest weekly inflow on record. The figure represents a positive sign of an institutional interest in the weak performance of XRP towards the weekend.
On August 28, net inflows totaled $26.20 million, putting total net inflows at $1.66 billion. The products had $1.44 billion in combined net assets, which accounted for 1.66% of the market cap of XRP.
Source: Sosovalue data Canary’s $5.12 million and Franklin’s $2.99 million were lagging behind Bitwise’s $15.40 million. The distribution indicates a growing popularity among a number of regulated investment providers in the world.
XRP Price Prediction Eyes $1.55 Breakout Toward $2 The XRP price’s first task involves holding the $1.35 to $1.38 support area during the latest pullback. A firm defense could encourage another advance toward $1.47.
Resistance between $1.53 and $1.55 would then determine whether the recovery gains stronger momentum. A daily finish above $1.55 could reopen $1.70, the recent swing high.
Continued legislative progress and institutional inflows may subsequently support an extension toward $1.80. If confirmed, XRP price may break $2 under special circumstances, but this is highly contingent.
Source: TradingView The RSI has eased to 43 after previously entering overbought territory. The loss of $1.30 would be followed by $1.20 in ongoing market declines.
Bitwise’s XRP ETF has surpassed $500 million in assets under management just nine months after launching.
Bitwise announced the milestone on Aug. 31, stating its XRP ETF had crossed the $500 million AUM mark.
The fund began trading on the NYSE on Nov. 20, 2025.
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“14 years in, and the $XRP community continues to be unstoppable,” Bitwise said in a post on X, adding that it was grateful for the opportunity to expand mainstream access to XRP and provide investors with exposure to the asset.
The pace of AUM growth is particularly notable when compared with XRP’s price performance.
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The price of the leading cryptocurrency is down a whopping 66% from 2026.
Continued capital inflows have helped offset the effect of a lower underlying asset price.
The acceleration has been especially visible since XRP reached a local low in mid-August.
Other XRP ETFs Franklin Templeton’s XRP ETF is the other major recent winner. Its XRPZ product attracted about $28.7 million during the Aug. 24–28 week. That makes Franklin the clearest challenger to Bitwise in terms of recent momentum.
Canary Capital’s XRPC remains one of the larger products overall. Earlier 2026 data identified Canary as having the largest AUM among the XRP ETF group, while more recent tracker data puts Bitwise ahead in XRP held and overall assets.
Grayscale’s GXRP and 21Shares’ TOXR operate on a significantly smaller scale. A recent ETF tracker puts total XRP ETF AUM at around $1.53 billion and shows Bitwise holding approximately 364.8 million XRP.
XRP, the digital asset linked to Ripple, is at a critical technical juncture according to crypto analyst Celal Kucuker. Kucuker, who has developed a large following among traders for his chart-based analysis, has identified a large falling wedge pattern on XRP’s price chart—a structure frequently associated with potential bullish reversals.
The falling wedge breakoutKucuker’s latest analysis highlights the presence of a falling wedge that formed during XRP’s prolonged correction from its all-time high. This chart formation narrowed over time, with both upper and lower boundaries trending downward before XRP’s price recently closed above the wedge resistance.
The analyst described the recent market action as a “perfect correction” culminating in “a beautiful breakout from the downtrend.” He argues that this technical move could set the stage for the next significant advance in XRP’s price.
A flawless chart, a perfect correction, and a beautiful breakout from the downtrend—the next few weeks are going to be very exciting. The chart points to targets at $2.50, $3.50, $6, and $13.
Falling wedges are considered bullish chart patterns, typically signaling a possible trend reversal if confirmed by a breakout. Kucuker’s analysis is based on historical examples in the crypto market where such patterns led to sustained upward movement.
Mini dictionary: Falling wedge, a technical chart pattern marked by converging downward-sloping trendlines, often interpreted by analysts as an early indicator of a potential bullish reversal when price breaks above the upper trendline.
Targets after breakoutKucuker emphasizes $2.42 as the first major resistance level. XRP reached this price during its rally early in 2026, making it a key reference point. Successfully breaking above $2.42 would shift attention to his listed targets, starting with $2.50. According to the chart, this would represent a decisive move beyond the asset’s January 2026 high.
He further outlines subsequent targets at $3.50, $6, and finally $13. The $3.65 level corresponds with XRP’s current all-time high and would likely act as additional resistance before a broader rally can unfold.
StageKey LevelNotesInitial recovery$2.422026 peakFirst breakout target$2.50Above 2026 highSecondary target$3.50Toward all-time highMajor resistance$3.65Current all-time highMedium-term target$6Major bullish advanceLong-term projection$13Ultimate technical targetThe critical part of the setup is the breakout itself. If XRP holds above the broken wedge resistance, the path toward $2.42 and then $2.50 becomes the first stage. A successful move through those levels would bring higher targets into focus.
What’s next for XRP?Kucuker’s thesis suggests that holding the breakout could unlock a new uptrend for XRP, gradually moving through the key levels outlined in his technical analysis. He recommends followers “save it, share it, and wait,” indicating confidence in the medium-term structure—provided the breakout remains intact.
Ripple, the company associated with XRP, has long been watched by traders for both technical and fundamental developments. Kucuker’s multi-level approach gives specific price zones that the market could track in the weeks ahead.
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C1 Fund Inc. (NYSE: CFND), a closed-end fund traded on the New York Stock Exchange, has disclosed its portfolio structure for the second quarter of 2026. According to the official release, Ripple Labs Inc. was recorded as the fund's largest holding, accounting for 17.5% of net assets, ahead of Kraken's parent structure, Payward, Inc., which stood at 16.9%.
With the fund's total NAV at $6.49 per share, the position allocation was shaped in part by Ripple Labs' own partial share buyback program (issuer buyback), which brought C1 Fund a return on investment of roughly 150% over four months.
C1 Fund Inc. announces Q2 2026 financial results. Source: C1 FundriAs of June 30, the fund had 77.5% of its capital ($33.07 million) deployed across 11 private digital companies, including prediction market platform Polymarket, added during the reporting quarter.
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While some funds buy up stakes in Ripple for pre-IPO gains, others go straight into XRPThe fact that the New York-traded fund pushed Ripple into first place, ahead of Kraken, coincided with a recorded uptick in interest in the company's shares among more conservative players in the traditional market as well.
In August, the mutual fund Kinetics Internet Portfolio ($248 million in assets under management) disclosed in an SEC NPORT-P filing that it holds a stake of 1,875 Class A Ripple Labs shares valued at $246,000. This represents 0.1% of its assets and falls under Level 3, with unobservable value inputs.
However, the very fact of acquiring shares of a private company through specialized OTC platforms points to a broader practice of integrating pre-IPO securities into mutual fund portfolios.
At the same time, other market participants continue preparing to go public: following custodian BitGo's IPO in January (client growth of 26% year-over-year, to 5,833), Kraken (funded accounts up 42%, to 6.6 million) and Blockchain.com have both filed confidential IPO registration statements with the U.S. SEC.
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In parallel, major financial institutions are building up their exposure to XRP, the token associated with Ripple, through regulated spot ETFs. August 13F filings recorded new positions from Goldman Sachs, which allocated $86.5 million across five XRP ETFs. Market maker Jane Street increased its stake in the Bitwise XRP ETF to 1.2 million shares, while the combined AUM of spot products reached $1.5 billion in August.
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Against this backdrop, the SEC approved Evernorth Holdings' Form S-4 for a SPAC merger and subsequent Nasdaq listing under the ticker XRPN — the fund manages a treasury of 473 million XRP.
Ripple Labs itself is diversifying its financial instruments — its Ripple Prime division closed a $275 million private bond placement rated BBB by KBRA and joined as a partner in the Clearpool credit fund to issue fintech loans denominated in the RLUSD stablecoin.
The overall picture shows that big capital has split its bets: some funds are buying up the company's private shares for pre-IPO gains, while others are moving directly into regulated exchange-traded instruments built on its token.
The XRP Ledger is moving beyond payments and token transfers as Clearpool, Ripple, and Cicada work on a new institutional lending market. The project could bring corporate credit onto XRPL, with loans settled in RLUSD.
Vet, the XRPL Foundation community lead and dUNL validator, says institutional “lending is coming.”
But can institutional lending also create new utility and demand for XRP, XRPL?
Clearpool Builds Credit Market With Ripple and CicadaIn a recent announcement on X, Clearpool said it is building the credit infrastructure using XRPL’s XLS-65 Single Asset Vaults and XLS-66 Lending Protocol.
Clearpool said that it;
“Institutions were never missing on-chain yield. They were missing a venue built for credit.
Therefore, its new project with Ripple and Cicada aims to address that gap by building lending infrastructure directly on XRPL.
Most on-chain credit runs on smart contracts: flexible, composable, battle-tested. XRPL takes a different path, lending as a native ledger primitive.
XLS-65 (Single Asset Vault) and XLS-66 (Lending Protocol) build the vault and the loan into the ledger itself. pic.twitter.com/WOL6HCGss7
— Clearpool (@ClearpoolFin) August 31, 2026 Cicada will handle borrower’s financial position, cash flows, and credit history before determining how much they can borrow and what rate they should pay. Borrowers and lenders will also need to pass KYC and AML checks.
Meanwhile, Ripple will provide the XRPL and RLUSD for loan payments and settlements. Ripple will also participate as a liquidity provider.
The goal is to create lending pools where vetted businesses can borrow RLUSD from institutional lenders and repay the loans with interest.
However, these features are not live on XRPL Mainnet yet.
Could Lending Increase XRP Utility?The immediate benefit is expected to go into XRPL, but it may also create some additional demand for XRP. Clearpool’s lending platform is expected to connect with XRPL’s native AMM, giving institutions a way to move between RLUSD and other assets.
For example, market makers providing liquidity to XRP/RLUSD pools would need to hold both XRP and RLUSD. This could increase the use of XRP within the lending ecosystem and potentially reduce some XRP from the freely traded supply.
The XRP Ledger also burns 100% of its transaction fees. Every transaction requires a small fee in XRP, and that XRP is permanently removed from circulation.
XRPL Network Activity Continues to BoomThe XRPL network is already processing around 1.09 million transactions per day, although activity has recently fallen by 42.7% from earlier monthly levels.
At the current rate, about 117.83 XRP is burned daily, while the ledger has burned around 7,680.43 XRP over the past 30 days.
These numbers show that XRPL already has strong network activity and a built-in XRP burn mechanism. However, the planned lending market is still under development, so it is too early to say how much additional XRP demand it could create.
For now, the key development is that institutional credit is being built directly around XRPL’s native features, potentially giving the network another major financial use case.
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Crypto market analyst Steph Is Crypto (@Steph_iscrypto) recently sparked discussion by sharing a two-week XRP/USD chart accompanied by the claim, “I believe $XRP is about to crash HARD.” At first glance, this statement and accompanying chart appeared to signal an impending severe decline for XRP. However, further examination of the chart’s configuration reveals a much more optimistic technical outlook.
Inverted Chart Reveals Bullish PatternThe chart presented by the analyst uses an inverted price scale, which means that the apparent downward move actually indicates a price increase. What seems like a descending resistance trendline on first inspection is, after correction, a rising support structure. Recognizing this distinction is critical to understanding the chart’s true message.
The trendline highlighted in the chart has played a key role in two of XRP’s most notable rallies in recent years. During the 2021 surge, the chart notes a gain of 1,057.03%, and in late 2024, the rally measured 629.07%. In both cases, upward momentum began after XRP touched this same trendline, suggesting a recurring technical pattern.
At present, XRP is once again approaching this support trendline after a period of prolonged consolidation since mid-2025. As its price compresses toward the trendline, the setup echoes previous conditions that triggered major rallies. If the pattern continues, it could serve as the basis for another significant move in the asset’s price.
The rising support line on the chart has played an active role in XRP’s two largest recent rallies, marking gains of 1,057.03% in 2021 and 629.07% in late 2024, both originating from the same trendline.
Projection Points Toward $20The chart includes a projection for a potential third rally, marked at 2,075.22%, which suggests an upside target around $20. According to the methodology used on the chart, this projection begins from the cycle’s low near $1. A move of this magnitude would set a new historic high for XRP at approximately $20.75.
Despite a recent increase of 50% in just 65 hours, the chart’s projection relies on the technical repetition of past rallies off the established support line. As of the latest session, XRP trades at $1.39, placing its price near the trendline that previously triggered substantial bullish moves.
Given this recurring structure, the analyst’s post has caught the attention of traders watching for high probability technical setups. However, some readers were initially misled by the inverted scale, anticipating a crash rather than a potential surge.
A reader interpreting the chart without accounting for the inversion would walk away expecting a collapse. A reader who considers the inversion will see that a substantial rally may be in development.
Tools Help Traders Navigate VolatilityIn a market where a single Federal Reserve decision or an unexpected altcoin listing can trigger rapid volatility, the importance of accurately analyzing technical indicators is growing. Investors seeking an edge are consolidating their resources with privacy-first platforms like CryptoAppsy. This allows them to monitor real-time price charts, receive intelligent alerts, access coin-specific news, and view macroeconomic data—without the friction of multiple apps or mandatory account creation—all in one dedicated dashboard.
As XRP approaches a critical technical level that has historically launched rallies, many traders remain focused on whether the asset will repeat its past performance. The ongoing setup continues to attract significant attention from both technical analysts and the broader crypto investor community.
Bitwise has announced that its XRP exchange-traded fund has reached $500 million in assets under management (AUM) only nine months after its launch. The fund began trading on the New York Stock Exchange on November 20, 2025, and has quickly become one of the leading vehicles for XRP investment among institutional and retail investors.
Milestone growth for Bitwise’s XRP ETFBitwise, a prominent crypto asset manager known for its broad suite of digital asset products, highlighted the significance of this accomplishment in a statement posted on X (formerly Twitter). The company expressed appreciation to the XRP community and reinforced its commitment to providing mainstream access to the cryptocurrency.
14 years in, and the $XRP community continues to be unstoppable, Bitwise noted, expressing gratitude for the expanding interest and support for the fund.
Despite volatility in XRP’s market value, consistent capital inflows into the fund have driven its strong AUM growth. This achievement is being viewed as a sign of broad-based demand and increasing investor confidence in XRP-linked financial products.
The rapid rise in AUM stands in contrast to XRP’s price trend over the same period. According to the latest figures, XRP’s price has fallen 66% from its peak in 2026. However, the ETF’s ability to continue attracting new investments has partially offset the impact of declining prices.
ETF ProviderAUM (approx.)XRP HeldLaunch YearBitwise$500 million364.8 million2025Franklin Templeton$28.7 million (week of Aug. 24–28)Not specified2026Canary CapitalLargest AUM earlier in 2026Not specified2026GrayscaleSmaller scaleNot specified202521SharesSmaller scaleNot specified2025Competition among major XRP ETF issuersFranklin Templeton, another major global asset management firm, has also reported increasing interest in its XRP ETF product. During the week of August 24–28, Franklin Templeton’s XRPZ ETF attracted approximately $28.7 million, positioning it as Bitwise’s closest competitor by recent capital flows.
Canary Capital’s XRPC, meanwhile, continues to hold a strong position, especially based on earlier 2026 figures naming it as the largest among XRP ETFs by AUM. However, recent data from independent ETF trackers now place Bitwise ahead of Canary Capital in both XRP held and total assets under management.
Grayscale and 21Shares, two companies best known for their range of cryptocurrency investment products, also offer XRP ETFs via the GXRP and TOXR funds. However, recent data indicate these funds remain significantly smaller in scale compared to those managed by Bitwise or Franklin Templeton.
The total assets under management for all XRP ETFs have now reached about $1.53 billion, with Bitwise accounting for roughly 364.8 million XRP tokens held within its fund. Industry analysts note the ETF structure offers an accessible route for investors to gain exposure to XRP—an asset traditionally subject to direct market volatility and regulatory scrutiny.
Bitwise’s development marks a new phase for XRP investment, reflecting both growing mainstream interest and evolving competition among asset managers offering crypto-linked ETFs.
Mini dictionary: Bitwise Asset Management is a US-based crypto asset manager established in 2017, offering investment products focused on digital assets such as Bitcoin, Ethereum, and various single-asset or themed funds for institutional and retail investors.
The Bitwise XRP ETF has reached a significant milestone, amassing over $500 million in assets under management just nine months after its launch. This development has been reported by Hunter Horsley, CEO of Bitwise, on social media. The ETF, which began on the NYSE with a waived management fee for the first month, is now the largest XRP ETF globally. This achievement is part of a broader trend of increasing institutional interest in XRP, as the overall spot XRP ETF market in the U.S. has seen inflows surpassing $1.5 billion. The news comes amid a competitive landscape where multiple funds are vying for market share in the burgeoning XRP ETF sector.
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Key Takeaways The Bitwise XRP ETF appears to have achieved a record status with over $500 million in assets under management. This development suggests growing institutional acceptance of XRP, consistent with a trend of increased inflows in the broader XRP ETF market. Market pricing suggests this milestone could be a positive indicator for XRP’s future price potential, though the source’s social media origin might temper its credibility. What to Watch Market participants will likely monitor further growth in the XRP ETF space, as additional inflows or new product launches could influence market dynamics. Attention will also be on key industry players such as Ripple and regulatory bodies like the U.S. SEC for any announcements that might impact XRP’s market perception. Watch for any catalysts that align with the year-end market prediction of XRP reaching new all-time highs, particularly any institutional developments or regulatory changes.
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Term Structure
Contract Odds Δ since publish Volume 24h September 30, 2026 1.8% — — View market → December 31, 2026 8% — — View market →
Ripple [XRP] saw a streak of strong inflows to its spot ETFs. According to SoSoValue data, measured since the 18th of August, the nine consecutive trading days since then have brought in just over $150 million in inflows.
Talk of a super cycle is still alive and has resurfaced after the rally from $0.98 to $1.70 that began two weeks ago. Since then, a pullback to $1.35 has materialized.
Exchange XRP reserves have been falling since March. Recently, the metric dived below July’s low to signal ongoing accumulation.
XRP witnesses an improvement in risk-adjusted returns Source: CryptoQuant The Sharpe Ratio financial metric is used to calculate the risk-adjusted return of an investment. On Binance, this metric has reached 0.207, the highest level since August 2025.
Recently, the metric had been around -0.3, as XRP prices trended toward $1. A rejuvenated, bullish XRP has led to the metric’s improvement.
An increase in risk-adjusted returns does not guarantee a sustained price recovery. The spot ETF inflow streak and the falling exchange reserves were encouraging for the bulls.
Source: XRP/USDT on TradingView The 1-day price action showed a sharp bullish uptick. The previously bearish swing structure was broken when the July high at $1.18 (dotted green) was breached. At the time of writing, a pullback toward $1.13-$1.25 was underway.
Establishing the short-term XRP bias Source: CryptoQuant In a post on X, crypto analyst Ali Martinez pointed out that the price had broken out of a descending trendline resistance. Unfortunately, as it often happens with this triangle pattern, the bullish breakout has retraced.
Source: XRP/USDT on TradingView Nevertheless, the short-term XRP bias is ready to flip bullishly. The retracement into the $1.13-$1.25 golden pocket has not ended. The $1.30 area is also a long-term support level.
Once these key demand areas are tested, the bulls remain likely to take control of the XRP price trends once more.
Final Summary The XRP Sharpe Ratio has improved from -0.3 in July to 0.207 now, the highest since August 2025. The price action was firmly bullish, buoyed by strong ETF demand and dwindling exchange reserves. More gains from the $1.30 support appeared likely.
On September 15, the US Senate is set to vote on cloture for the CLARITY Act, a key milestone in the legislative process that could define the future regulatory landscape for digital assets in the United States. This scheduled vote represents the most significant movement on digital asset regulation to date, according to market participants and industry advocates.
Senate prepares for critical digital asset frameworkThe vote follows a formal move by Senate Majority Leader John Thune, who filed for cloture on the CLARITY Act prior to the August recess, guaranteeing its consideration as lawmakers reconvene. Senator Cynthia Lummis detailed the timeline at the SALT Conference in Jackson Hole, explaining the necessity of a scheduled vote to spur action among Senators. The session is set for 2 p.m. on September 15, with the entire digital asset sector closely watching the outcome.
Crypto Crusaders creator Levi Rietveld recently underscored the importance of the countdown, noting that the industry has been building toward a comprehensive regulatory framework for years.
Senator Lummis emphasized at SALT, “You have to force them to vote to get them to be serious about it,” signaling just how pivotal the vote could be for market participants awaiting clarity.
Understanding the cloture processThe upcoming September 15 session is not a final vote on the bill itself, but rather a cloture vote to decide whether debate should end and the legislation should advance to its final passage. A cloture vote requires at least 60 affirmative votes in the 100-member Senate. While all 53 Republican Senators have pledged to support the motion, at least seven votes from Democratic Senators are required to reach the threshold.
Multiple reports indicate that between seven and ten Democratic lawmakers have indicated their willingness to support the bill, potentially clearing the path to a decisive outcome. If cloture is achieved, the Senate would move into a 30-hour window before a simple-majority vote on final passage.
Coach JV, a finance coach and prominent XRP advocate, clarified the procedural mechanics for interested investors, noting that cloture only sets the stage for the possibility of a final vote, not its certainty.
Observers have repeatedly stressed, “Cloture is not the decision. It’s just a motion to stop debating,” highlighting the distinction between this procedural step and the adoption of the legislation itself.
Regulatory outlook and industry preparationSenator Tim Scott has expressed confidence that the CLARITY Act will eventually become law. Coinbase CEO Brian Armstrong outlined two parallel scenarios surrounding the September 15 deadline: if the Senate musters the 60 votes needed, the act advances through Congress; if not, US regulators including the CFTC and SEC are positioned to respond with new or revised rules for the crypto sector.
CFTC Chair Mike Selig stated the agency is ready to utilize existing authorities to provide regulatory certainty if legislative progress stalls. Market participants see September 15 as a make-or-break moment that will shape future compliance and enforcement standards for digital assets across the country.
Given the fast-moving nature of digital asset regulation, many investors have started consolidating their monitoring tools to avoid missing sudden market shifts. In a market where a single Fed decision or a sudden altcoin listing can change everything in seconds, jumping between different apps for charts, news, and portfolio tracking is costing investors money. Smart traders are now utilizing privacy-first tools like CryptoAppsy to consolidate everything. Without even the hassle of creating an account, you get real-time charts, smart price alerts, coin-specific news, and critical macro data all on one screen.
Should cloture pass on September 15, the US will stand closer to adopting a transparent legal framework for digital assets—an outcome the industry has pursued for years. The impact of the Senate’s actions is expected to resonate throughout crypto markets, influencing investor strategies and compliance obligations.
Goldman Sachs has taken the top spot among institutional holders of spot XRP ETFs, according to Q2 13F filings compiled by Bloomberg Intelligence. The bank’s exposure jumped to $87.4 million, up $83.1 million from the prior quarter, by far the largest increase of any firm on the list.
Who Else Made the List
Jane Street Group sits in second place with $16.6 million in exposure, followed closely by Millennium Management at $16.2 million. Rounding out the top five are Intesa Sanpaolo, the European banking giant, at $14.4 million, and Marex UK Holdings at $8.1 million.
Most firms on the Bloomberg Intelligence list added to their XRP positions this quarter. A handful moved the other way, Citadel Advisors, Gallacher Capital Management, SIG Holding and Flow Traders US all trimmed their exposure, with SIG posting the steepest cut at roughly $4.6 million.
$1.8 Billion and Counting
Zoom out from individual holders and the flow data tells an even bigger story. Bloomberg’s James Seyffart revealed that XRP ETF flows have been “surprisingly resilient,” with cumulative net inflows now sitting at $1.8 billion since launch. According to data, that total climbed from $150 million just after launch in November 2025 to $1.45 billion by mid-January, then went higher through the spring before crossing $1.79 billion by late August.
What makes that number stand out, according to analyst CryptoSensei, is that it built up without XRP’s price cooperating. Inflows kept climbing even through stretches where the token wasn’t exactly making life easy for buyers.
Money Keeps Coming Even as Price Pulls Back
That pattern has continued into the latest pullback. XRP has slipped to around $1.37, but spot ETFs have pulled in more than $150 million over nine straight trading days, even as exchange reserves continue to decline, typically a sign that coins are being moved off exchanges and into longer-term holding rather than sold.
XRP holding above $1.36 keeps the door open for a retest of the $1.43 level, where XRP was previously rejected, while losing that floor would put the recent sweep low back in play.
Adding to the Momentum: RLUSD Crosses $2 Billion
Ripple’s stablecoin RLUSD also hit a milestone this month, crossing $2 billion in market cap, with more than $1 billion of that issued directly on the XRP Ledger, according to the stablecoin’s latest independent attestation for July. The company added that the token isn’t even two years old yet.
Story Ends Here
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Depository Trust & Clearing Corporation (DTCC), a leading post-trade market infrastructure provider managing over $114 trillion in assets, plans to expand its digital asset platform this fall by incorporating multiple blockchains. The announcement follows statements from DTCC executives emphasizing the company’s commitment to bridging traditional financial infrastructure with blockchain technology for greater efficiency and liquidity.
DTCC outlines blockchain expansionDuring a recent YouTube appearance referenced by researcher Crypto Sensei, DTCC managing director Nadine Chakar highlighted that the organization currently safeguards around 1.4 million CUSIPs. The firm has tested asset digitization on two blockchain networks: Besu, an enterprise-focused Ethereum client, and Canton, a privacy-enabled blockchain platform designed for institutional use.
DTCC executives expressed that these trial conversions were initial steps toward a wider launch, with the intention of offering operational connectivity between legacy and blockchain-based markets. The infrastructure aims to allow the seamless movement of securities, liquidity and post-trade processes across both environments, while maintaining traditional standards for resilience and regulation.
“We’ve built the bridge,” explained a DTCC executive in the clip, referring to establishing “full connectivity” between legacy markets and blockchain markets to improve institutional scale, efficiency, and regulatory compliance.
Canton has played a significant role in DTCC’s ongoing development, including facilitating the company’s first live production trades. Meanwhile, Franklin Templeton, a major global investment firm, has reportedly joined Canton as a super validator, adding institutional weight to the initiative. Chainlink, a decentralized oracle network, was also mentioned for its contribution to DTCC’s collateral management work, especially in data orchestration and near-real-time collateral mobility.
Mini dictionary: DTCC is a major US post-trade financial services company that provides clearing and settlement services for financial markets, playing a central behind-the-scenes role in the infrastructure of global trading.
Ripple Prime joins tokenization efforts, XRP role unconfirmedCrypto Sensei emphasized that Ripple Prime, the institutional arm established following Ripple’s acquisition of Hidden Road, is participating in DTCC’s tokenization initiative with dozens of other financial organizations. This participation gives Ripple exposure to the design of tokenized securities workflows, but DTCC has not announced any plans to use XRP tokens or the XRP Ledger for settlements.
Ripple Prime is positioned to offer services such as execution, financing, clearing, collateral management, and settlement coordination for institutional clients, in line with standard industry practices.
Ripple Prime’s involvement should not be interpreted as an indication that DTCC will require settlement directly in XRP or mandate use of the XRP Ledger; rather, it reflects broader institutional collaboration within the tokenization landscape.
A 2024 DTCC-related patent discussed in the YouTube video identified Ripple and Stellar as technically compatible transaction-chain architectures but stopped short of suggesting any operational commitment by DTCC to either network, highlighting possible technological inclusion rather than future guarantees.
Tokenization and the path forwardDTCC’s forthcoming launch could signal which blockchain networks will gain meaningful roles in institutional tokenization workflows. While XRP continues to draw speculation, current developments indicate stronger direct ties for Canton, Besu, and Chainlink-linked infrastructure.
The broader industry implication is significant. Tokenization—bringing parts of securities, collateral, and derivatives trading onto blockchain rails—has the potential to modernize markets, but the process is expected to be gradual, carefully regulated, and to rely on broad interoperability rather than a single dominant blockchain.
NetworkCurrent DTCC StatusInstitutional InvolvementCantonTested, first live production tradesFranklin Templeton as super validatorBesuTested for asset digitizationEnterprise blockchain, ongoing roleXRP LedgerSpeculative candidate, technical mention onlyRipple Prime participant, no mandated useChainlinkInvolved in collateral managementData orchestration, near-real-time collateral mobilityInstitutional tokenization continues to attract diverse financial players, with DTCC’s upcoming moves expected to clarify the networks at the heart of future digital asset workflows.
Three changes just hit the 21Shares Ethereum ETF and its four sister funds for Bitcoin, XRP, Dogecoin, and Polkadot. New SEC filings show new fund names, a new pricing source, and a new fee schedule.
Holders keep the same shares. Behind the label, however, the products start working differently on Thursday.
The three changes hitting 21Shares’ five US crypto funds this week. Source: BeInCryptoStaking Moves Into the Ethereum ETF’s NameStart with the names. On August 25, 21Shares renamed two funds in Delaware. The 21Shares Ethereum ETF became the 21Shares Ethereum Staking ETF. The Polkadot (DOT) fund became the 21Shares Polkadot Staking ETF. Five 8-K filings published this week confirmed the changes.
Not every fund got a new name. The Bitcoin (BTC) fund, run with Cathie Wood’s ARK Invest, stays ARKB. The XRP and Dogecoin (DOGE) funds keep their names too.
The Ethereum fund has staked its ether since earlier this year and publishes a reward schedule. So the rename changes the label, not the machine. Yield is now the headline feature, written into the product’s legal name.
That label matters because the yield race is crowding fast. BlackRock launched a separate staked fund, ETHB, on February 18. Its original spot fund, ETHA, still does not stake. Fidelity went further on August 10. It filed to stake FETH’s ether and pay holders quarterly cash. Investors keep 85% of those rewards, while fees take the rest.
Big money has noticed. Intesa Sanpaolo, Italy’s largest bank, cut its Bitcoin fund stake by 94% last quarter and tripled its staked-Ethereum position. Recent flow data tells the same story. Buyers are chasing yield over price.
New FTSE Pricing and Quarterly Fees Land ThursdayThe second change is the price feed. From Thursday, August 27, all five funds will value shares using FTSE indices. FTSE Russell is the London Stock Exchange Group arm behind the Russell 2000.
The switch follows 21Shares ending its CF Benchmarks license. Those CME-branded rates expire for the funds on August 31.
That is a quiet break from an industry standard. CF Benchmarks’ rates still anchor IBIT, BlackRock’s giant Bitcoin fund. Even ETHB, BlackRock’s staked fund, prices against a CME CF rate. The benchmark sets each fund’s daily net asset value, so the switch touches every holder’s statement.
The third change is fees. 21Shares will now collect its sponsor fee at least quarterly instead of weekly. Payment stays in coins, from Bitcoin to DOT.
One caution belongs next to the shiny new names. Staked ether can take weeks to exit a crowded withdrawal queue, a gap raised around Morgan Stanley’s Ethereum ETP. Thursday’s flows will show whether yield on the label wins the money.
XRP's network activity exploded from 47,180 to 356,070 addresses.
XRP has flipped the script this week, emerging as one of the market’s strongest performers after weeks of lackluster performance. The crypto asset briefly tapped $1.76 before stabilizing near $1.50.
A sharp rise in network participation has now added fresh weight to the rally.
Higher Levels Ali Martinez reported that active addresses climbed from 47,180 to 356,070, an astonishing 654.71% increase in days. A spike of this size usually reflects a sharp rise in participation and can come alongside increased volatility in the token’s price.
If this is really the start of a new XRP trend, analyst Casi Trades said that the $1.20 level could soon become a thing of the past. She expects the asset to first move toward $1.78, followed by a pullback to roughly $1.30 before another push to $2.57.
The full five-wave structure could eventually take XRP to around $2.90, according to the analysis, completing Wave 1 of a much larger macro Wave 3. A later correction may bring the asset back toward $1.65, which could turn the resistance seen today into support. In that scenario, the important point is not just how high XRP could go, but whether the token ever gets another chance to trade below $1.20.
As the Ripple token cleared seven months of resistance with a roughly 70% gain in one weekly candle from the accumulation zone, Crypto Patel said that the focus is now turning to $1.55. Holding above that level could set up another bullish move, while a break below may lead to retracement or re-accumulation. The $5-$10 range remains the long-term target.
Strong Week For ETFs On the institutional front, US-based spot XRP ETFs began last week quietly, recording zero flows on Monday, but the numbers quickly changed. Flows reached $5.81 million on Tuesday before coming in at $2.35 million on Wednesday.
You may also like: Ripple (XRP) ETFs Smash 2026 Inflow Record as Total Flows Hit New ATH XRP’s Crazy August Is Almost Over – September Could Be Even Bigger Ripple (XRP) Whales Are Pulling Millions Off Binance: The $2 Level Is Back in Focus From there, activity picked up following the US Treasury Department’s announcement that it would double the maximum size of liquidity-support buybacks for longer-dated government debt. Thursday saw $13.24 million, while Friday reached $18.38 million, which was the strongest level since mid-May.
The buying trend has continued into this week. $13.82 million in inflows were recorded on August 25th. Bitwise’s fund led the chart with $8.25 million, followed by Franklin and Canary’s ETFs with $4 million and $1.57 million, respectively.
XRP whales made an unusually large move off Binance as accumulation accelerated alongside the token's powerful weekly rally above 40%.
XRP briefly surged past $1.7 before stabilizing near $1.4. While the token appears to have hit a wall after a massive rally, whale withdrawals from Binance have surged to their highest level in six months.
According to the latest findings by CryptoQuant analyst Darkfost, more than 231 million XRP have moved off the exchange by large holders.
Whale Accumulation The withdrawals totaled more than $335 million in a single day, far above the 90-day average of roughly $40 million. Darkfost described the move as both sudden and powerful compared with the recent trend, while pointing to a significant change in behavior among large XRP holders.
The surge in whale outflows comes as the crypto asset’s market capitalization increased by $25 billion over the past week, during which the token gained more than 40%.
According to the analyst, this trend has potentially helped fuel XRP’s strong market performance and renewed attention. If this accumulation trend continues, Darkfost said the asset could potentially test the $2 level within a relatively short period.
This week, Ali Martinez flagged a major jump in XRP network activity, after active addresses rose to 356,070 from 47,180. That represents a surge of well over 654%, a level of activity that typically suggests increased participation and can coincide with sharper price swings.
Trouble Ahead? But the derivatives market showed short-term pressure for XRP after the token cleared liquidity around resistance and moved back toward a major support zone. Long liquidations were recorded at approximately $4.66 million, a 31.82% daily increase, while short liquidations stood near $1.13 million after rising 61.61%.
You may also like: Ripple’s (XRP) Sharpe Ratio Just Did Something It Hasn’t Done In a Year Ripple (XRP) ETFs Smash 2026 Inflow Record as Total Flows Hit New ATH XRP’s Crazy August Is Almost Over – September Could Be Even Bigger Despite the stronger percentage increase in short liquidations, the total volume of long liquidations is nearly four times larger. This indicates that the pullback following the recent rally forced a significant number of leveraged long positions out of the market, meaning that the sell-off was driven by both spot selling and the liquidation of leveraged positions.
While this confirms the current bearish pressure, the clearing of leveraged positions could eventually provide room for a healthier rebound, CryptoQuant explained.
Meanwhile, XRP’s Money Flow Index (MFI) has fallen to 35.89 from around 60, which points to a significant weakening in the buying pressure that supported the earlier price move. However, the MFI remains above 20, which means that the crypto asset has not yet entered technically oversold territory and could still face further downside.
Zoomex, the global derivatives-focused cryptocurrency trading platform, has entered the second half of August with five active reward campaigns running in parallel across its platform:
TradFi Zone Upgrade Early Bird campaign The Prediction Trading Check-in The August Summer Airdrop Round 2 of the US Stock Futures Challenge The newly launched Deposit/Trade to Win XRP Rewards campaign. The rollout follows on the heels of Zoomex’s Summer Bay Party at Coinfest Asia 2026 in Bali, which wrapped yesterday, August 21, after two days of networking, poolside sessions, and a Gold Sponsor presence at one of Southeast Asia’s most visible institutional crypto gatherings. With that offline chapter now behind it, Zoomex’s attention shifts back to its core product experience, where the same principles that shaped its Bali presence are reflected in four campaigns designed to be Easy to Use, Transparent by Design, and built around Fair Access & Rule-Based Execution.
TradFi Zone Upgrade Early Bird: 80% Off Trading Fees, No Trading Required The newest addition to Zoomex’s August lineup is the TradFi Zone Upgrade Early Bird campaign, live from August 21 through September 2, which rewards users simply for registering, no trading activity required to claim the base perk. Users who complete registration through the campaign page receive an 80% Off TradFi Trading Fee Coupon within 24 hours, issued directly to the Rewards Hub, where it can be claimed and applied to eligible pairs in the TradFi zone. Once claimed, the coupon remains valid for five days, giving users a defined window to put the discount to use.
Source: Zoomex
The coupon applies across a broad set of TradFi trading pairs on Zoomex, spanning major US equities and tech names such as Tesla, Apple, Nvidia, Microsoft, Amazon, Alphabet, and Meta, alongside semiconductor, AI-infrastructure, and index-tracking instruments. That breadth reflects how Zoomex has scaled its TradFi zone since its earlier Stock Perpetuals listings, and it underscores the platform’s Focused on Derivatives identity extending into traditional-finance-linked products rather than staying confined to crypto pairs alone.
The three-step claim flow, register, receive the coupon within 24 hours, then claim it in the Rewards Hub is a direct expression of Zoomex’s Easy to Use principle, while the published voucher terms, eligible pair list, and validity window keep the offer Transparent by Design from registration through redemption. Because the discount is granted through registration rather than a trading-volume threshold, it also reflects Zoomex’s approach to Fair Access & Rule-Based Execution: the qualifying action is the same for every user, and the reward is issued on a fixed, rule-based schedule rather than a variable one. Full terms and registration are available at zoomex.com/en/promotion/tradfi.
Prediction Trading Check-in: Double Rewards for Combined Activity The first of the three ongoing promotions, the Prediction Trading Check-in, rewards users who engage with both prediction markets and standard trading activity within the same check-in window. Structured as a dual check-in mechanism, the campaign offers Double Rewards to participants who complete the required actions, with an Extra $500 Bonus available to users who reach the specified target and claim it before the campaign period ends.
Source: Zoomex
What distinguishes this campaign from a typical loyalty promotion is how directly it reflects Zoomex’s broader positioning as a platform Focused on Derivatives while extending that focus into the growing category of prediction markets. Rather than treating prediction trading as a side feature, Zoomex has built a check-in structure that treats it as equally weighted alongside core derivatives activity, giving users a Fair Access & Rule-Based Execution path to bonus rewards regardless of which product they engage with first.
The mechanics are published in full on the campaign page, keeping the qualifying criteria and reward thresholds visible to every participant, a Transparent by Design approach that Zoomex has increasingly applied across its promotional calendar. The campaign is open to all users and remains ongoing, with full terms and the claim flow available at Zomex website.
August Summer Airdrop: A New-User Entry Point Worth Up to $1,500 Running alongside the Prediction Trading Check-in is the August Summer Airdrop, a new-user exclusive campaign offering claimable rewards of up to $1,500. The airdrop is designed as a low-friction onboarding pathway, giving first-time users on Zoomex a structured set of rewards tied to platform actions across Futures and Spot markets rather than a single one-off bonus.
Source: Zoomex
The campaign’s design reinforces Zoomex’s Easy to Use positioning: new users are guided through a defined sequence of steps, each unlocking a portion of the total reward pool, with the reward ceiling and eligibility rules stated upfront rather than revealed progressively. That structure is consistent with how Zoomex has approached its balance and rule mechanisms platform-wide, publishing thresholds rather than obscuring them, so that new users can evaluate the full opportunity before committing capital. The August Summer Airdrop spans both Futures and Spot products, giving newcomers flexibility in how they choose to qualify, and remains live for all new users who have not yet completed onboarding. Details and the claim interface are available at zoomex.com/en/promotion/augustsummerairdrop.
US Stock Futures Challenge, Round 2: A $30,000 Prize Pool The third active campaign, and the largest by prize value, is Round 2 of the US Stock Futures Challenge, which carries a 30,000 USDT prize pool and is open to all users. The champion of the round stands to win 10,000 USDT, with the remainder of the pool distributed across the broader leaderboard of participants trading US stock futures products on Zoomex.
Source: Zoomex
This campaign sits at the intersection of two of Zoomex’s strategic priorities: its expansion into US stock futures, a product line that has become a meaningful part of its Focused on Derivatives identity, and its emphasis on Fair Access & Rule-Based Execution in competitive formats. Leaderboard-based challenges are only as credible as the rules governing them, and Zoomex has structured Round 2 around published, rule-based scoring so that ranking and prize allocation are determined by clearly defined performance criteria rather than discretionary selection. The challenge is open to all users, not restricted by account tier or region-specific eligibility beyond standard platform access, which aligns with the broader Refined Brand & Trading Experience Zoomex has been building around its stock futures offering since its earlier listings of instruments tied to companies including UnitedHealth, General Electric, JPMorgan, and Gilead. Round 2 is live now, with full leaderboard mechanics and prize distribution details published at Zoomex website.
Deposit/Trade to Win XRP Rewards: Two Paths to a 15,000 XRP Combined Prize Pool The newest campaign to join Zoomex’s August calendar is Deposit/Trade to Win XRP Rewards, open for registration August 22 through September 3, structured around two parallel events with separate prize pools.
Source: Zoomex
The first event targets new users: a net deposit of at least $100 plus any-pair perpetual/futures trading volume of at least 10,000 USDT qualifies participants to share a 5,000 XRP pool, first-come first-served among the first 200 eligible users. The second event is open to all non-affiliate users: cumulative futures volume of at least 100,000 USDT qualifies a share of a separate 10,000 XRP pool, capped at 20 XRP per user among up to 500 participants.
About Zoomex Founded in 2021, Zoomex is a global cryptocurrency trading platform focused on derivatives trading. The platform serves over 3 million users across 35+ countries and regions, offering access to 700+ trading pairs. Built around easy to use, transparency, fairness, and speed, Zoomex provides a clear and efficient trading experience for users worldwide.
Through its high-performance matching engine, clear asset and order displays, and transparent fee and rule mechanisms, Zoomex helps users better understand their account status, order execution, trading costs, and results. Zoomex maintains registrations, licenses, and regulatory statuses across multiple jurisdictions, including the U.S. MSB, Canada MSB, U.S. NFA, and Australia AUSTRAC, and has completed security audits conducted by blockchain security firm Hacken. The platform also continues to strengthen its trust framework through Proof of Reserves, Security & Transparency, Compliance Information, and Fees / Rules Transparency initiatives.
Beyond trading, Zoomex builds a refined brand experience through elite sports partnerships, including the TGR Haas F1 Team, World Cup-winning goalkeeper Emiliano Martínez, and world-class tennis events such as Wimbledon. The values of speed, precision, discipline, fair play, and rule-based execution are closely aligned with Zoomex’s approach to derivatives trading.
At Zoomex: Easy to Use. Transparent balance. Fair access to your earnings.
Frequently Asked Questions What is Zoomex? Zoomex is a global crypto derivatives platform founded in 2021, serving over 3 million users across more than 35 countries and regions with 700+ trading pairs.
How does Zoomex work? Zoomex operates through a high-performance matching engine with transparent asset and order displays, allowing users to execute trades and track outcomes with full visibility into their balances and results.
What can you trade on Zoomex? Zoomex offers 700+ trading pairs spanning cryptocurrencies such as BTC, ETH, and SOL, as well as stock-linked contracts like NVDA and AAPL and gold exposure through XAUT.
Where is Zoomex headquartered? Zoomex operates as a global cryptocurrency exchange with regulatory registrations including Canada MSB, U.S. MSB, U.S. NFA, and Australia AUSTRAC, reflecting its multi-jurisdictional compliance approach.
Is Zoomex available in my country? Zoomex serves users across more than 35 countries and regions. Availability can vary by local regulation, so traders should check the official Zoomex website for country-specific access and requirements.
The XRP Ledger is pushing further into decentralized finance, with a set of native protocol upgrades designed to give both retail and institutional users access to lending and privacy tools directly on-chain, without relying on third-party smart contracts or bridges.
According to XRPL Foundation community leader and dUNL validator Vet, the proposed amendments cover native lending, privacy capabilities, and digital identity verification.
Native Lending Comes to XRPL
On the institutional side, the upgrades are already attracting serious commercial interest.
Privacy Features Designed for Compliance Alongside the lending upgrades, a proposed privacy system aims to protect transaction details while keeping regulators and issuers in the loop.
Together, these changes could make XRPL a more complete financial platform for institutions and everyday users alike.
Sources:
Ripple: Institutional DeFi on XRPL
Bitcoin.com News: Ripple Backs RLUSD Lending Push With Clearpool, Cicada
CoinDesk: Ripple Lays Out Institutional DeFi Blueprint for XRPL
Mastercard will sponsor the XRP Ledger Hackathon on October 24–25, ahead of Ripple Swell 2026. The hackathon will focus on building payment-related projects using the XRP Ledger network. Mastercard has expanded its crypto partnerships this year, including work involving Ripple, Circle, Binance, Gemini, PayPal, and Paxos. 21Shares changed the pricing benchmark for its XRP ETF, TOXR, from CME Group to the FTSE XRP Index. TOXR’s sponsor fee will now be paid quarterly instead of weekly, with payment made in XRP. Spot XRP ETFs recorded $13.82 million, about $24 million, and more than $28 million in daily inflows this week. The XRP Ledger (XRPL) is gaining fresh attention ahead of Ripple Swell 2026 after Mastercard joined an upcoming developer event. The move comes as 21Shares also changed how its XRP ETF tracks the token.
Both developments arrive as U.S. spot XRP ETFs continue to record new inflows. The activity links payment industry interest with growing demand for regulated XRP investment products.
Mastercard Backs XRP Ledger Hackathon The XRP Ledger Foundation said Mastercard will sponsor the XRP Ledger Hackathon on October 24 and 25. The 36-hour event will take place just before Ripple Swell 2026, which runs from October 27 to October 29.
Developers will build payment-focused projects and meet companies working with the network. The foundation said the XRP Ledger offers a tested structure for payment use cases and invited developers to register for the event.
Mastercard has expanded its work with crypto companies during 2026. In March, the payments company joined a program with Binance, Gemini, PayPal, Paxos, Circle, and Ripple to connect blockchain services with its global payments network.
The company widened that effort in June by adding support for more blockchain-based assets. Those additions included Ripple’s RLUSD stablecoin and Circle’s USDC, extending Mastercard’s role across digital payment infrastructure.
21Shares Changes XRP ETF Pricing A U.S. Securities and Exchange Commission filing showed that 21Shares changed the pricing benchmark for its XRP ETF, TOXR. The fund moved from CME Group pricing to the FTSE XRP Index, effective August 27.
21Shares also changed how often it pays the fund sponsor. Payments will now occur every three months instead of weekly, and the sponsor will receive the fee in XRP.
Spot XRP ETFs continued to attract capital this week. The funds recorded $13.82 million on Monday, about $24 million on Tuesday, and more than $28 million on Wednesday.
TOXR remains the only XRP ETF with negative cumulative flows at $20.06 million in net outflows. Bitwise’s XRP ETF leads the group with about $575 million in cumulative net inflows. The latest figures show demand remains concentrated among the larger funds in the market.
Mastercard has announced it will sponsor the upcoming XRP Ledger Hackathon, drawing fresh attention to the XRP Ledger ecosystem in the lead-up to Ripple Swell 2026. At the same time, 21Shares has updated the pricing benchmark for its XRP ETF known as TOXR, reflecting notable shifts across the regulated XRP investment landscape.
Mastercard’s growing involvement with XRP LedgerThe XRP Ledger Foundation revealed that Mastercard will be the official sponsor of the XRP Ledger Hackathon, scheduled for October 24 and 25 immediately before Ripple Swell 2026. This event, lasting 36 hours, will invite developers to create new payment-focused applications and engage with businesses building on the XRP Ledger network.
The XRP Ledger Foundation is a non-profit organization focused on advancing the development and adoption of the XRP Ledger, an open-source blockchain created for fast, secure, and low-cost payments.
According to the foundation, the XRP Ledger provides a proven foundation for cross-border payments and payment-related innovation. Mastercard, a major global payments technology company, has partnered with several leading crypto firms in 2026. In March, Mastercard expanded its payment network initiatives to include Ripple, Circle, Binance, Gemini, PayPal, and Paxos, integrating digital assets and blockchain services more deeply into traditional financial infrastructure.
Mastercard’s collaboration widened in June, incorporating additional tokens in its network, including Ripple’s RLUSD stablecoin and Circle’s USDC, signaling increased activity in blockchain-enabled payment systems.
Mini dictionary: Ripple Swell, the flagship annual conference organized by Ripple, focuses on topics including payments, digital assets, and the future of financial technology, drawing banking and fintech professionals from around the world.
Meanwhile, 21Shares submitted a filing with the Securities and Exchange Commission to update its spot XRP ETF (TOXR). The ETF’s pricing source will shift from CME Group pricing to the FTSE XRP Index, starting August 27. This change will adjust how TOXR tracks XRP’s value, reflecting a move toward different industry benchmarks.
Spot XRP ETFs have seen robust inflows throughout the week, with daily capital moving into these funds surpassing $13.8 million on Monday, reaching $24 million on Tuesday, and exceeding $28 million on Wednesday.
Additionally, 21Shares has revised the sponsor fee payment schedule. Instead of weekly payments, the sponsor will now receive fees every three months, settled directly in XRP rather than cash. This switch streamlines fund operations and further integrates native digital currency into the ETF’s processes.
TOXR is currently the only XRP ETF showing negative cumulative net flows, recording $20.06 million in total outflows. In contrast, the Bitwise XRP ETF leads the market with approximately $575 million in cumulative net inflows. Data indicates investor demand remains concentrated in the largest funds.
FundCumulative Net FlowsLatest Daily InflowBitwise XRP ETF$575 millionOver $28 million21Shares TOXR-$20.06 millionOver $28 million21Shares is an asset management firm specializing in exchange-traded products tracking digital assets, including single-asset crypto ETFs and broader crypto index funds.
Spot XRP ETF activity intensifiesSpot XRP ETFs across the United States have attracted significant inflows throughout the week. On Monday, daily inflow volumes reached $13.82 million, increasing to about $24 million on Tuesday, and climbing above $28 million on Wednesday.
TOXR has switched to quarterly sponsor payments in XRP, moving away from weekly schedules previously settled in cash.
These developments coincide with Mastercard’s increased support for the XRP Ledger, indicating payment industry interest in blockchain payment solutions and growing demand for regulated XRP investment products.
The XRP Ledger has exceeded 5 billion all-time transactions, marking a major milestone for the blockchain network that launched in June 2012. Blockchain explorer xrpscan brought attention to the achievement in a recent post.
14 years of sustainable payments innovationThe history of the XRP Ledger began in 2011 when engineers David Schwartz, Jed McCaleb, and Arthur Britto set out to design a new digital asset. With an eye on Bitcoin and its limitations, their goal was to create a more sustainable and payment-focused blockchain solution. The XRP Ledger officially went live in June 2012, and since then, it has consistently processed transactions within 3 to 4 seconds and with minimal fees.
According to developer and community member Hussein Zangana, the network has maintained reliability and low-cost settlement over its 14-year history. He noted the steady performance of the ledger in a recent message, expressing optimism for its continued growth.
5 billion transactions were executed on the XRP Ledger at low cost, settled in 3–4 seconds and consistently over 14 years. Looking forward to the next 5 billion.
AI integration and institutional adoptionRecent data shows that the XRP Ledger has processed more than 2.3 million agentic transactions as artificial intelligence agents increasingly leverage the network. These AI agents use XRP and RLUSD for on-chain payments for automated services, underlining the blockchain’s evolving utility.
Institutional use cases are also expanding, especially within decentralized finance. The XRP Ledger has seen significant growth in the tokenization of real-world assets, stablecoins, and decentralized liquidity protocols. Data from rwa.xyz places the current value of tokenized real-world assets on the ledger at $4.05 billion. This figure reflects a fourfold increase since 2026, emphasizing strong institutional demand for secure, blockchain-based asset representation.
While traditional financial markets have long relied on complex broker networks, a notable shift is taking place. Wall Street participants are moving more activity to Web3, and investors now utilize platforms like 1stepSwap to hold shares of leading U.S. companies alongside gold and silver, directly in crypto wallets. Tokenizing real-world assets and executing trades at the best market price within seconds, these solutions remove middlemen and streamline market access.
Deflationary supply and growing demandThe XRP Ledger employs a deflationary model, systematically burning a portion of transaction fees. Since its deployment, approximately 14,376,417 XRP has been burned, accounting for 0.014% of the total capped supply of 100 billion XRP. As of now, the number of XRP accounts has surpassed 8 million, reaching a total of 8,094,489 accounts.
XRP-based ETFs in the United States currently hold $1.4 billion in XRP, representing 1.62% of the asset’s total market capitalization. Cumulative net inflows for these ETF products have reached $1.62 billion.
Community development and future eventsThe XRP Ledger ecosystem continues to receive support from major institutions. Mastercard has joined as a sponsor of the upcoming XRP Ledger Hackathon. The XRP Ledger Foundation will co-host this event ahead of the Ripple Swell conference scheduled for October.
XRP’s utility continues to grow, particularly in institutional DeFi sectors such as tokenized real-world assets, stablecoins, and decentralized liquidity.
Mastercard is increasing its engagement with the XRP Ledger ecosystem as XRP’s recent rally shows signs of faltering. The payments giant will sponsor the upcoming XRP Ledger Hackathon in New York, according to an announcement by XRPL Commons.
Mastercard expands into XRP LedgerThe 36-hour hackathon will take place on October 24–25, just ahead of Ripple’s Swell conference. Organizers expect developers to focus on protocol enhancements, agentic finance, and lending use cases, bringing together ecosystem stakeholders for rapid project development.
Mastercard’s role as a hackathon sponsor comes in addition to its expanding involvement in infrastructure tied to Ripple and the XRP Ledger. In June, Mastercard announced plans to extend its settlement products to regulated stablecoins such as Ripple USD (RLUSD), covering several blockchain networks including XRPL.
The collaboration between Mastercard and Ripple also includes partners such as WebBank and Gemini. Together, these companies are exploring the possibility of using RLUSD for settling card transactions directly on the XRP Ledger. This project is currently in the exploratory phase rather than being a commercial launch.
Mastercard, based in the US, is a global payments technology firm consistently pursuing blockchain initiatives alongside traditional card and banking platforms.
Mini dictionary: RLUSD, or Ripple USD, refers to a regulated stablecoin pegged to the US dollar for use on blockchain platforms such as the XRP Ledger. Stablecoins like RLUSD are designed to maintain a fixed value, offering predictable settlement in digital transactions.
XRP price struggles despite institutional demandDespite strong institutional interest, XRP has not avoided the recent market downturn. The cryptocurrency traded around $1.38–$1.39 on August 29, having dropped below the $1.40 threshold. It previously registered a high of $1.70 on August 22 before losing momentum. The August 29 session recorded a low near $1.36, setting that area as a critical short-term support for traders.
Earlier in August, the token saw significant whale activity. Large holders purchased approximately 190 million XRP tokens within a day during a strong breakout, and transaction volumes on the XRP Ledger surged to nearly 1.9 million daily transactions.
While this accumulation provided an initial boost, the broader deterioration in risk appetite across the crypto market has presented new challenges for sustaining XRP’s rally.
XRP experienced a strong surge earlier in August, driven by major holders accumulating millions of tokens and a sharp increase in on-chain activity, before broader market weakness led to renewed selling pressure.
ETF inflows and key price levelsInstitutional investment has continued to contrast with the price pullback. US spot XRP ETFs posted their strongest week in over three months, with total net inflows reaching about $1.55 billion. During that week, funds attracted $39.78 million, including $18.38 million in a single Friday trading session, according to ETF data.
DateXRP Price (USD)US Spot XRP ETF Net Inflow ($ Million)August 221.70–August 291.38–1.39$39.78 (week), $18.38 (Friday)Cumulative (3 months)–$1,550The ongoing ETF inflows, even as prices slid from their peaks, suggest that large investors remain interested in XRP exposure. A recovery in price above $1.43–$1.45 is seen as favorable, while a decisive move below $1.36 could leave the $1.30 zone vulnerable.
For those watching longer-term trends, the future of XRP rests on its continuing integration within payments and settlement infrastructure, marking its distinct role compared to other digital assets.
Mastercard’s increased engagement with the XRP Ledger ecosystem adds momentum to the institutional adoption narrative. However, short-term price direction will depend on whether ETF demand, key technical levels, and overall crypto market sentiment can support another rally.
X Finance Bull, a well-known member of the XRP community, recently posed a provocative question to followers: “You wake up, and $XRP is at $100. Are you still going to work?” The query quickly drew widespread attention and prompted a variety of responses that reflected diverse priorities and outlooks within the community.
Mixed reactions to hypothetical $100 XRPMany participants shared that they would remain at their jobs even if the price of XRP reached $100. For some, the prospect of newfound wealth does not justify abrupt life changes. One commenter stated that, despite the financial gain, they would give ample notice out of respect for colleagues, emphasizing the value of maintaining professional relationships. X Finance Bull described this approach as achieving financial freedom “without burning bridges on the way out.”
Another responder explained they would stay in their position until reaching a level of financial independence, only then considering leaving the workforce with a six-month notice period. X Finance Bull agreed, highlighting the importance of securing personal finances before making major career decisions.
The conversation also touched on the underlying requirements for $100 XRP. Some analysts assert that such a valuation would necessitate a dramatic shift in utility, positioning XRP as a critical infrastructure for settlement in a tokenized financial system. One specialist noted that, at current prices, XRP is unable to support a $100 billion on-chain transaction volume, and a higher price could become necessary as network demand scales.
Mini dictionary: X Finance Bull is an influential figure within the XRP investor community, known for initiating debates and discussions about cryptocurrency trends, sentiment, and market events on social platforms such as X (formerly Twitter).
Many users emphasized the importance of maintaining professionalism and planning carefully, even in the face of significant financial gains.
Not all responses were practical or restrained. Some commenters showcased more ambitious visions. One individual joked about arriving at work by helicopter to collect personal items, drawing humor from the situation. X Finance Bull called this suggestion “crazy,” highlighting the lighthearted side of the discussion.
Another participant set their sights even higher, arguing that $100 should be considered a starting point and expressing a target of $300 for XRP. X Finance Bull chose not to debate or discourage this goal.
Other respondents mentioned more transformative changes, such as relocating to another country or setting a personal threshold of $1,000 per XRP before considering quitting their jobs. While opinions differ on how achievable $100 XRP may be, some analysts argue that token velocity and the role of XRP as a settlement layer could justify such a price in the future. They also point out that the traditional metric of market capitalization may not apply to XRP in the same way it does for store-of-value assets, due to the asset’s design for high transaction throughput instead of static value storage.
Mini dictionary: Token velocity refers to the frequency with which a cryptocurrency is transacted or moved between accounts over a specific period, affecting its utility in a settlement-heavy network like XRP.
The conversation revealed that most XRP holders appear to be thinking seriously and planning well in advance for any major price jump, with the overall atmosphere defined by preparation and caution rather than impulsivity.
The array of responses from the XRP community illustrates that a significant number of investors have carefully considered how they would react if XRP reached $100. The focus appeared to be on responsible decision-making, considered timelines, and general prudence.
While there were ambitious outliers, the prevailing sentiment emphasized patience, advance planning, and financial security before making life-altering choices. Despite ongoing debates about the potential for XRP to reach such high valuations, the responses suggest that immediate and reckless action would not be the norm.
Bitcoin is trading at $78,796.58, Ethereum at $2,478.28 and XRP at $1.40 as traders brace for a week loaded with U.S. labor market data that could shape the Federal Reserve’s next policy move and, by extension, crypto’s near-term direction.
Current Market Snapshot
Bitcoin: $78,796.58, up 1.7% over 7 days, market cap $1.58 trillionEthereum: $2,478.28, up 0.7% over 7 days, market cap $299 billionXRP: $1.40, up 7.7% over 7 days, market cap $87.78 billionSolana: $106.44, up 12.0% over 7 daysBNB: $698.37, roughly flat over 7 daysThe Data Calendar Traders Are Watching
According to The Kobeissi Letter, six major economic releases are scheduled this week, with the labor market as the central focus for markets:
Monday: August Chicago PMI dataTuesday: August ISM Manufacturing PMI and Prices data, plus July JOLTS Job Openings dataWednesday: August ADP Nonfarm Employment dataThursday: August ISM Non-Manufacturing PMI and Prices dataFriday: July Jobs ReportWhy the Labor Market Is the Focus
Employment data carries outsized weight for crypto right now because it feeds directly into the Fed’s rate decision at the next FOMC meeting. A labor market that shows unexpected strength could reinforce the hawkish tone Fed Chair Kevin Warsh struck at Jackson Hole, keeping rate-cut expectations low and pressuring risk assets including Bitcoin, Ethereum and XRP.
Bitcoin’s Technical Setup
Bitcoin remains range-bound between support near $73,000-$75,000 and resistance in the $80,000-$82,000 zone, with a breakout above roughly $82,500 seen by technical analysts as the level needed to confirm a larger bullish trend shift on higher timeframes. A significant pocket of liquidation liquidity sits between $76,400 and $76,700, a level analysts have flagged as a likely near-term target if short-term weakness continues.
Ethereum and XRP Setups
Ethereum is holding above the $2,400 level, keeping its bullish breakout structure intact, with the next resistance zone at $2,750 to $2,800. XRP is testing support between $1.30 and $1.40 after rejecting resistance near $1.60 to $1.70, following an extended overbought signal that triggered the recent pullback. The current cooldown does not necessarily signal a reversal, but rather a reset before a potential resumption of the broader trend.
What It Means for the Week Ahead
With five separate labor and manufacturing data points landing between Monday and Friday, volatility across Bitcoin, Ethereum and XRP is likely to build heading into Friday’s Jobs Report, widely seen as the week’s most important release. How that data lands relative to expectations will likely determine whether crypto’s recent consolidation resolves to the upside or extends the current cooling-off period.
Story Ends Here
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The gap between the usage of XRP, the native token of the XRP Ledger (XRPL), and Ripple‘s USD stablecoin (RLUSD) in artificial intelligence-powered wallets has widened sharply, reaching a 105% discrepancy in transactional volume.
AI wallet behaviors shift to RLUSDAutonomous algorithms running on XRPL have increasingly moved toward fiat-denominated settlements. Data from the XRPL AI Hub dashboard shows this trend is sustained, with AI-driven bots steadily raising their turnover in RLUSD and largely bypassing XRP due to its recent price levels.
Over the past seven days, AI-driven scripts processed 554,007 transactions but spent only 209 XRP. In contrast, the transaction volume in RLUSD—the dollar-pegged stablecoin developed by Ripple—reached 602.27 units in the same period. At XRP’s current price of $1.4027, this activity represents $293.16 transacted in XRP, compared to $602.27 transferred in RLUSD.
This demonstrates a clear shift, as the RLUSD share of AI wallet transaction volume is now exactly 105% higher than that of XRP. The difference underscores persistent preferences by machine agents for stable, fiat-linked assets over volatile native tokens.
Mini dictionary: XRPL AI Hub, a dashboard monitoring and analyzing the activity of AI-driven accounts and bots on the XRP Ledger, providing insights into transaction volumes and wallet preferences.
XRP’s price volatility drives automation awayAI wallet operators have linked this ongoing shift to XRP’s price movements. The token experienced a major rally in late August, rising above $1.70, before settling within the $1.38 to $1.50 range. For software programs executing frequent, ultra-small payments—a common use for such wallets—the higher price has proven restrictive, especially when program limits are set in dollar terms.
For autonomous software handling millions of micropayments, the current exchange rate means program dollar limits are depleted instantly, which has driven bots to focus fully on RLUSD for operational efficiency.
With the price of XRP effectively raising the cost per transaction, bots are finding it more economical to transact in the RLUSD stablecoin. This strategy helps them protect operating budgets from market fluctuations and ensures predictable budgeting for ongoing operations.
MetricXRPRLUSDTransactions (past 7 days)Processed with 209 XRPProcessed with 602.27 RLUSDValue transacted (USD equivalent)$293.16$602.27Relative gapRLUSD activity is 105% higher than XRPOperational impact on XRPLThe total number of machine-generated transactions on the network has surpassed 2.3 million this week. Despite hundreds of dollars in turnover, the growing imbalance between the two assets highlights a new dynamic in settlement practices on XRPL.
The preference for RLUSD among AI agents suggests a move toward immunity from cryptocurrency volatility. As a result, the XRP Ledger is increasingly serving as a base for digital dollar settlements, particularly in periods marked by rising market swings.
AI-driven settlement systems operating on XRPL appear to have established a persistent resistance to volatility, channeling transaction flows into Ripple’s stablecoin whenever XRP’s price grows unsettled.
Ripple, founded in 2012, is a fintech company focused on global payments and digital asset solutions. Its stablecoin RLUSD is designed to provide a reliable, dollar-pegged value on the XRP Ledger, which is an open-source blockchain known for fast settlements and low fees.
XRP has posted a 1.51% gain in the past 24 hours, reaching $1.40 as it hovers above a key support level where 3.2 billion tokens exchanged hands. This support is attracting attention from analysts and traders following a significant price correction earlier this week.
XRP price movement and key supportCrypto analyst Ali observed that XRP is currently positioned near a substantial support zone after previously rallying 71.8% from $0.988 to a peak of $1.698. The surge was followed by a sharp 20% retracement, bringing the price to this important demand area.
Data from the URPD indicator shows approximately 3.2 billion XRP were traded in the $1.35 to $1.38 range, making this region vital for ongoing price stability. If this support remains intact, analysts point to resistance ahead, particularly between $1.60 and $1.86, as the next significant barrier for buyers.
XRP holders traded 3.2 billion tokens between $1.35 and $1.38, making this one of the most important support zones. If prices stay above this level, resistance is likely to emerge between $1.60 and $1.86.
Key resistance points include $1.60, where 1.99 billion XRP changed hands; $1.68, with 1.98 billion XRP previously traded; and $1.86, recording 3.47 billion XRP in volume. Clearing $1.86 could open the path to $2.19, marked by another 3.12 billion XRP in historic trading activity.
Price LevelXRP Volume Traded$1.35–$1.38 (Support)3.2 billion$1.60 (Resistance)1.99 billion$1.68 (Resistance)1.98 billion$1.86 (Resistance)3.47 billion$2.19 (Potential Target)3.12 billionMarket trends and derivatives activityAfter climbing to $1.69 on August 22, XRP reversed course. This drop coincided with a jump in the estimated leverage ratio on the Binance exchange for XRP, reaching a seven-month high. The increased reliance on leverage reflected robust derivatives market activity, with traders opening larger positions amid heightened speculation.
This surge in leveraged trades led to more pronounced price swings for XRP, linking a substantial share of market activity to derivatives products.
Mini dictionary: Estimated leverage ratio — This measure indicates the proportion of open interest in derivatives trading relative to the coin’s circulating supply. A higher ratio suggests traders are increasingly using leverage, which can amplify both gains and losses and often results in greater price volatility.
XRP’s price remains down 6.51% over the past week, registering losses on four of the last six trading days. The 200-day moving average, currently standing at $1.27, is now being eyed as a potential support that could reinforce a shift towards renewed bullish momentum.
Network and regulatory developmentsRecent on-chain data show the circulating supply on the XRP Ledger has edged above $1 billion, now at $1.04 billion according to Ripple’s stablecoin tracker. The XRP Ledger is a decentralized blockchain developed to enable fast and low-cost transactions for digital assets, particularly for cross-border payments.
Regulatory progress has also emerged for Evernorth, the XRP treasury management company. The Securities and Exchange Commission approved the company’s registration within the past week, leaving one final shareholder vote before listing on Nasdaq.
Meanwhile, Ripple launched its Delta One business as part of Ripple Prime, the global multi-asset prime brokerage platform. Ripple is a US-based technology company known for its enterprise blockchain solutions and its role in developing and supporting the XRP Ledger.
Ripple announced the launch of Delta One within Ripple Prime, expanding its suite of institutional trading services for global digital asset markets.
XRP is maintaining its position near $1.39 after surging from the $1 mark in a recent rally. The cryptocurrency now trades within a descending channel on the 4-hour chart, a pattern some analysts identify as a bullish setup.
Analyst observes bull flag formationBird, a crypto analyst specializing in the XRP Ledger (XRPL), pointed out that XRP’s price action since its climb from the $1 area resembles a bull flag pattern. This pattern is defined by parallel descending trendlines that have contained price movements since the sharp advance.
After reaching nearly $1.70, XRP entered a consolidation phase, trading between an upper trendline near $1.44 and a lower boundary close to $1.31. Price action during this period has been marked by a sequence of lower highs and lower lows, but Bird holds a positive outlook for further gains.
He maintained that many market participants expect further decline, but argued the current situation may represent a missed opportunity if the next upward leg materializes soon.
This is an obvious bull flag on the XRP chart. Market makers will do everything possible to suggest it’s moving lower, tempting traders to wait for a better entry. Then, suddenly, the window closes and the opportunity is lost. The next leg up may be imminent, potentially this week.
Bird, who regularly shares technical insights with the XRP community, believes price could break higher in the short term if current dynamics persist.
Mini dictionary: XRP Ledger (XRPL), an open-source, decentralized blockchain technology developed by Ripple Labs, is designed for fast and cost-efficient transactions and supports various real-time asset transfers.
Key resistance and confirmation areasPrice resistance remains visible at the upper trendline between $1.44 and $1.45, which currently serves as a significant technical barrier. A move above this area would be the first sign of a potential breakout from the bull flag structure.
If XRP can successfully clear this range, attention would likely shift to the $1.50 region—an area that previously served as resistance before the recent pullback. Several attempts to break above the upper trendline have been recorded during the ongoing consolidation.
Further up, another analyst known as ChartNerd, who provides regular technical analysis for digital asset traders, identified $1.54 as a crucial point for confirmation. Sustained price action above that level, according to ChartNerd, would indicate that buyers have regained significant control.
The level around $1.54 is pivotal; a decisive move above it, accompanied by positive momentum, would provide robust confirmation of the bullish trend and reverse the recent pattern of lower highs.
Key LevelRole$1.31Support (Lower Trendline)$1.44–$1.45Initial Breakout Resistance (Upper Trendline)$1.50Intermediate Resistance$1.54Bullish Structure ConfirmationFuture outlook hinges on technical breakoutThe immediate focus for traders will be XRP’s movement around the upper channel resistance of $1.44 to $1.45. A sustained breakout from this level could spark renewed momentum and put the $1.50 and $1.54 targets into play.
Meanwhile, support remains in place at the $1.31 level. If XRP holds above the lower trendline, the bull flag narrative identified by analysts would likely remain valid.
While technical patterns are not a guarantee, several specialists maintain that current structure favors a bullish continuation if critical resistance levels are broken in the coming days.
XRP is trading near $1.42 after pulling back from its recent $1.69 high, but its short-term chart is starting to improve. Despite the drop, the chart structure has improved, and top crypto analyst Ali Martinez says the XRP breakout is confirmed.
At the same time, spot XRP ETFs recorded a record $110.49 million in weekly inflows, helping support the XRP price.
Ali Martinez Confirms XRP BreakoutThe latest signal comes from crypto chart analyst Ali Martinez, who shared a 1-hour XRP chart showing the token breaking above a falling trendline.
Martinez said that,
“Breakout Confirmed! XRP has cleared resistance. Next target: $1.70.”
The chart shows XRP moving out of a descending trendline that had capped its price through the week. XRP is now around $1.40, with the breakout area becoming an important level to hold.
The first hurdle is around $1.50. A move through this range would strengthen the breakout and bring Martinez’s $1.70 target into focus.
If XRP reaches $1.70 and breaks that level with strong buying, the next upside areas on the chart are around $2.09 and $2.35.
The setup would weaken if XRP loses $1.37. A decisive break below that level could send the token toward $1.20, putting the recent breakout under pressure.
XRP ETF Inflows Hit 2026 Record HighThe technical setup is also coming as XRP investment products see stronger demand.
U.S. spot XRP ETFs attracted $110.49 million in net inflows for the week ending August 28, their strongest weekly result of 2026. Cumulative ETF inflows have now reached around $1.66 billion, while total net assets stand near $1.44 billion.
Among the spot XRP ETFs, Bitwise’s XRP ETF remains the largest, with cumulative net inflows topping $600 million, while Franklin’s XRPZ saw an inflow of $462.86 million.
September 15 Could Be a Key Date for XRPXRP traders are also watching September 15, 2026, when the U.S. Senate is scheduled to vote on the CLARITY Act. The bill could set clearer rules for digital assets in the U.S. and have a direct impact on XRP’s market outlook.
If passed, the legislation could provide clearer treatment for assets such as XRP and make it easier for financial firms and institutions to enter the crypto market.
Story Ends Here
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Crypto analyst Ali Martinez said that after testing a critical support zone, the XRP price managed to break through the resistance level, and the $1.70 level has come into play in the short term.
According to Martinez’s analysis, XRP experienced a strong rally of approximately 71.8%, rising from $0.988 to $1.698. Following this move, XRP underwent a correction of about 20%, retreating to a key demand zone where investors were heavily trading.
The analyst pointed to on-chain cost distribution data similar to URPD (UTXO Realized Price Distribution), noting that approximately 3.2 billion XRP changed hands in the $1.35-$1.38 range. According to Martinez, this region is one of the most important support levels for XRP.
If this support level is maintained, the key resistance levels in upward movements are as follows:
$1.60: Approximately 1.99 billion XRP traded. $1.68: Approximately 1.98 billion XRP traded. $1.86: Approximately 3.47 billion XRP traded. Martinez believes that a break above the $1.86 level could be particularly significant for the price. According to the analyst, a strong break above this region could pave the way for a new upward move for XRP towards $2.19. It is noted that approximately 3.12 billion XRP changed hands around the $2.19 level previously.
In a subsequent post, the analyst stated that XRP had broken through short-term resistance, adding that “the breakout has been confirmed.” Martinez indicated $1.70 as the next target in the current technical outlook.
XRP is trading at around $1.41 at the time of writing and has gained approximately 1.37% in value over the last 24 hours.
*This is not investment advice.
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XRP has entered a correction after a strong rally, with technical analysts focusing on a crucial demand zone that may define the asset’s next direction. Ali Martinez, a well-known crypto analyst, spotlighted this price area using insights from Glassnode’s UTXO Realized Price Distribution (URPD) metric, which maps where significant XRP trading volumes occurred.
URPD spotlight: Where holders are clusteredURPD, or UTXO Realized Price Distribution, provides a detailed view of coin volumes moved at various price levels. In XRP’s case, it highlights clusters where substantial numbers of tokens last changed hands. These pockets of high activity often create natural support if the price falls or resistance if the price moves upward.
According to Martinez, approximately 3.2 billion XRP were traded between $1.35 and $1.38. He emphasized that this zone stands out as a vital area of demand, which buyers could defend in response to new downward pressure.
Mini dictionary: UTXO Realized Price Distribution (URPD) maps the number of coins last moved at each price level, helping analysts identify support and resistance clusters based on historical buy and sell activity.
The largest support level is where roughly 3.2 billion XRP changed hands between $1.35 and $1.38, marking a key area to watch as the price corrects.
Correction and price contextXRP’s price surged from $0.988 to $1.698, marking a rally of 71.8%. Following this climb, XRP entered a corrective phase, with the price retreating by about 20% from its recent highs. This retracement placed XRP into a historically significant demand region, as identified by the URPD metric.
The large trading volume within the $1.35 to $1.38 range suggests heightened investor interest, and this concentration may act as a buffer against further declines if buying demand holds firm.
Price LevelXRP Volume TradedType$1.35 – $1.383.2 billionSupport$1.601.99 billionResistance$1.681.98 billionResistance$1.863.47 billionResistance$2.193.12 billionResistanceUpcoming resistance levelsThe URPD data also reveals where sellers may step in if XRP’s price rebounds. The most significant resistance zone is at $1.86, where 3.47 billion XRP were traded. Additional clusters exist at $1.60 (1.99 billion XRP) and $1.68 (1.98 billion XRP), each representing potential hurdles if the price climbs.
Martinez indicated that if XRP reclaims $1.60 and $1.68, the way could be paved for a test of $1.86. Successfully clearing the $1.86 threshold might allow the price to target $2.19, where another major cluster of 3.12 billion XRP resides. Beyond this, $2.29 emerges as an additional area of interest for potential upward movement.
Martinez’s technical analysis suggests that “XRP must first reclaim $1.60, then $1.68, and then challenge $1.86, which could open a move to $2.19.”
XRP’s outlook and what comes nextThe URPD analysis underscores how trading activity at certain price points can guide expectations for future support and resistance. With billions of XRP traded near current market levels, how buyers and sellers react here may set the stage for XRP’s next significant price trend.
As market participants watch the $1.35 to $1.38 range closely, analysts and traders remain attentive to the next resistance levels above, especially $1.60, $1.68, and $1.86. The ability of XRP to hold above the main support zone or break through resistance clusters will likely define its short-term trajectory.
Steph Is Crypto, a widely followed cryptocurrency analyst on X, has highlighted a recurring pattern on the XRP monthly chart which he claims has reliably signaled the start of major bull runs since 2020. According to the analyst, XRP has now broken a long-term downward trend line—a technical move previously linked to substantial price surges.
Recurring breakout pattern signals historical uptrendsThe pattern, tracked across three cycles, has provided consistent signals. In 2020, after XRP crossed above this downtrend line, the resulting rally continued for about 365 days. Following another breakout in 2022, the coin entered a 122-day uptrend that set a new high.
Most recently, in 2024, XRP needed 242 days after the trend line break to reach a new local high. In each of these cases, the resulting bull runs lasted at least 122 days, indicating a recurring relationship between trend line breaks and extended upward price movement.
The analyst notes that every time XRP has breached the long-term downtrend, “it has led to a substantial multi-month rally.”
YearRally Duration (days)Trend Line Break Event2020365Monthly downtrend broken2022122Monthly downtrend broken2024242Monthly downtrend brokenThe XRP/gold ratio as a confirmation indicatorBeyond USD charts, the analyst has also examined XRP’s long-term ratio against gold, identifying another support trend line that has remained intact since 2020. According to his analysis, each time XRP has bounced off this line, a significant price surge followed, both in gold and in dollar terms.
Currently, the XRP/gold ratio faces resistance in the 0.0003 to 0.0004 range. The analyst claims that “whenever XRP breaks through this resistance, we see major rallies to the upside.” A move above this level could potentially lead to an all-time high.
Mini dictionary: XRP/gold ratio – This metric compares the price of XRP with the price of gold to determine the relative performance between the digital asset and the traditional safe-haven commodity. Analysts sometimes use cross-asset ratios to identify broader market trends or confirm momentum across different sectors.
Short-term consolidation and key support levelsOn the daily chart, XRP is consolidating after a recent rapid increase. Steph Is Crypto describes the current price action as a potential bullish flag, noting that XRP is holding above the $1.38 level. This price corresponds to a major volume cluster point, active from February 2026 through May 2026, and also aligns with the 0.382 Fibonacci retracement level—an indicator traders often use to identify potential support during corrections.
Should the $1.38 level fail, the analyst marks $1.30 as the next significant support. The ongoing market structure is described as healthy, with profit-taking normal after swift gains and the broader picture remaining positive for the asset.
The analyst maintains, “The consolidation phase is healthy, and as long as XRP holds above its key levels, the bullish structure remains intact.”
Long-term trend and overall outlookWidening the perspective to the monthly view, XRP continues to hold a support trend line dating back to 2020. Steph Is Crypto points to several touchpoints over multiple years, including a short-lived dip below this support in 2024, which was quickly reclaimed. Each time XRP has tested and held this zone, a significant price rally has followed.
While the analyst believes XRP could be at the start of another major bull market, he suggests that patience may be required during the current period of consolidation. The broader analysis of long-term support levels and recurring breakout patterns supports an optimistic, though cautious, outlook.
Steph Is Crypto is known for detailed technical analysis on digital assets, sharing frequent market updates and chart insights with his large following on X.
TLDR: XRP gained 39% since August 18 while Binance exchange reserves stayed nearly flat overall. Long liquidations hit $25.7 million on August 22, the largest single day over the past six months. Funding rates cooled from 0.010 to 0.002 across three sessions as open interest fell 13% from its peak. Total XRP transactions rose 97% to 2.93 million daily, but transfers to exchanges collapsed. XRP traded at $1.396 on August 29, marking a notable shift in market structure. The token sits roughly 39% above the $1.00 level it held through August 18, though still about 8% below its recent high of $1.520 on August 23.
Binance open interest for XRP peaked near $558 million during that session before easing to $483 million. The rally appears driven by derivatives activity rather than exchange supply movement, based on recent on-chain data.
Leverage Fuels the Move While Exchange Supply Stays Quiet Funding rates for XRP averaged 0.006 over the recent stretch, well above the quarterly baseline. The estimated leverage ratio climbed to 0.193, close to the six-month maximum of 0.213. That combination points to derivatives traders, not spot sellers, powering the recent repricing.
Long liquidations rose sharply alongside the rally. They averaged $4.34 million, up 222% week over week. A single session on August 22 saw $25.7 million in long liquidations, the largest of the six-month window.
Source: Cryptoquant
That liquidation spike came on a day when the price closed higher. Rising prices alongside rising long liquidations usually signal crowded positions being cleared within an uptrend. It does not typically signal a reversal against the trend.
Exchange data tells a separate story. Binance inflows averaged 136,319 XRP over the past week, while outflows averaged 298,660 XRP. Both figures are near 2% and 4% of their six-month averages, a sharp drop from typical activity levels.
Deposit addresses on Binance fell to 45, a 91% decline versus the quarterly baseline. The exchange reserve itself barely moved, up just 0.04% week over week to $2.618 billion. Holders appear to be sitting still rather than preparing to sell.
On-Chain Activity Expands as Traders Watch Support Levels Total XRP transactions rose to 2.93 million daily, up 97% versus the quarterly average and near a six-month high. Network usage expanded even as coins avoided exchange-bound transfers. NVT climbed 44% week over week alongside that activity increase.
Funding has already started cooling, dropping from 0.010 to 0.002 across three sessions. Open interest is down 13% from its recent peak. Leverage is unwinding while spot supply continues to stay off exchanges.
This setup has historically preceded one of two outcomes for XRP. Either a base-building phase emerges once positioning normalizes, or a faster retracement follows if exchange reserves begin climbing again. The direction likely depends on which side dominates first.
Retail sentiment on social platforms reflects a similar wait-and-see posture. Analyst Diana (@InvestWithD) pointed to the $1.38 area as a key Fibonacci support zone tied to a broader Elliott Wave count.
🚨 $XRP IS SITTING DIRECTLY ON THE ~$1.38 SUPPORT — AND THE NEXT ELLIOTT WAVE TARGETS POINT TO $1.88 → $4.11 → $7.07 🤯🔥$XRP has pulled back from its recent ~$1.70 spike and is now trading around $1.40, almost exactly where the chart identifies the $1.3798 Fibonacci support.… https://t.co/K8h3rOXLuB pic.twitter.com/b53dav8qgv
— Diana (@InvestWithD) August 30, 2026
The post noted that a 4-hour RSI reading near 47.5 had moved back above its signal line, suggesting early momentum shifts near support rather than during an overbought run.
Price action around that support level may determine whether XRP builds a new base or slips toward lower levels in the sessions ahead. Traders appear to be watching exchange reserve trends closely for the next signal.
XRP posted significant gains over the past two weeks, rising 39% from the $1.00 level maintained through August 18 to reach $1.396 by August 29. The token remains around 8% below its recent high of $1.520 set on August 23 but continues to trade well above the levels seen earlier in the month.
Derivatives activity drives rally, spot supply unmovedOpen interest in XRP futures on Binance peaked at approximately $558 million on August 23 before declining to $483 million. This surge was attributed more to derivatives trading than to movement in spot market supply, according to updated on-chain data.
Funding rates for XRP ran at an average of 0.006 during this period, surpassing the typical quarterly levels. The estimated leverage ratio approached 0.193, not far from its six-month high of 0.213. These figures pointed to derivatives traders leading the latest price action, with spot sellers showing little involvement.
Long liquidations rose sharply in tandem with the price advance. Over the last week, long liquidations averaged $4.34 million, up 222% from the prior week. The most notable event occurred on August 22, when long liquidations hit $25.7 million, the largest daily total in the past six months.
That surge in long liquidations coincided with a higher close, often signaling crowded long positions being flushed out within an uptrend and not typically signaling an immediate reversal.
Spot market activity on Binance remained unusually quiet. Exchange inflows averaged 136,319 XRP over the last week, while outflows averaged 298,660 XRP. Both figures are only a fraction of their usual six-month averages.
The number of deposit addresses on Binance fell to just 45, a sharp 91% drop compared to the quarterly baseline. Binance’s XRP reserve was virtually unchanged, increasing only 0.04% week on week to $2.618 billion, indicating that most holders are not actively transferring tokens to or from the exchange.
On-chain transactions surge, traders eye support levelsXRP network activity expanded substantially, with transactions rising to 2.93 million daily. This marks a 97% increase versus the recent quarterly average and nears a six-month high. Despite this, transfers directed to exchanges dropped sharply, suggesting increased usage is not translating to heightened selling pressure.
Key metrics also showed a cooling in leveraged trading. Funding rates dropped from 0.010 to 0.002 across three sessions, and open interest fell 13% from its recent peak. This unwinding of leverage has historically been followed by either a consolidation period or by quick retracement if exchange reserves begin to climb again.
Retail sentiment appears cautious, with many traders watching how XRP price behaves around support levels. Analyst Diana identified the $1.38 region as a major Fibonacci support, noting its importance within a larger Elliott Wave formation. She also referenced technical signals showing the 4-hour RSI near 47.5 moving back above its signal line, indicating early momentum near this key support.
The analyst emphasized that price action around this area could determine whether XRP enters a base-building phase or moves lower in the next sessions, depending on further changes in exchange reserves and market sentiment.
In addition to these technical indicators, broader trends in traditional finance have become more relevant to crypto traders. While traditional markets rely on complex brokers, a major shift is underway as Wall Street transitions into the Web3 space. Investors are now using platforms such as 1stepSwap to directly hold tokenized shares of leading U.S. companies, gold, and silver within their crypto wallets. By automating price discovery and removing middlemen, these platforms increase accessibility for a growing class of digital asset investors.
Moving forward, many traders are closely monitoring support levels and the behavior of exchange reserves to gauge XRP’s next trend. The interplay of derivatives positioning, muted spot flows, and strong on-chain activity continues to shape short-term expectations for the token.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
After an aggressive August breakout, Bitcoin is consolidating, but because it is still well above the 200-day moving average, the daily structure remains heavily biased in favor of buyers. After peaking just above $81,000, Bitcoin is currently trading at about $78,840. The move started at about $63,000, so Bitcoin gained almost 30% before facing significant resistance.
BTC/USDT Chart by TradingViewSellers have not produced a significant retracement despite multiple erratic sessions near $80,000. The recovery of the 200-day moving average continues to be the strongest technical development. The rapidly rising 20-day EMA has reached roughly $72,250, while this indicator is currently at about $72,180. Their convergence around $72,000 establishes a crucial support area.
Bitcoin's consolidation isn't stopping yetAdditionally, Bitcoin is trading well above its 50-day and 100-day moving averages, which are currently at $68,680 and $67,300, respectively. In addition to confirming the breakout's strength, the separation demonstrates how far Bitcoin has risen in a comparatively short amount of time.
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The RSI is still high at about 72.5. Bitcoin is still technically overbought even though it has decreased from its recent peak. This allows for more consolidation prior to another sustainable leg higher.
Both the most recent peak and Bitcoin's May high are located in the immediate resistance zone, which is between $80,000 and $82,000. Breaking $82,000 would provide a significant continuation signal in addition to removing the most obvious nearby technical barrier. $76,000–$77,000 is the first short-term support on the downside.
$72,000 would become more relevant with a deeper correction. The larger reversal continues as long as Bitcoin stays above its recovered 200-day average. Although chasing the price is becoming riskier due to the elevated RSI, the current sideways movement near $80,000 appears more like post-breakout consolidation than a confirmed reversal.
After one of its biggest breakouts of 2026, XRP is consolidating, and the most recent daily structure indicates that buyers are still in charge of the larger recovery despite the decline from $1.70. After rising from an intraday low of about $1.38, XRP is currently trading at about $1.41. The significant development is still that it is at about $1.35 above the 200-day moving average.
XRP stays on the bullish pathDuring the August surge, XRP firmly reclaimed this indicator, and it has since spent multiple sessions above it. Because of this, the $1.35 region is the chart's most crucial support. The claim that the prior long-term downward trend has been broken would be strengthened by a successful defense.
XRP/USDT Chart by TradingViewHowever, a daily close below it would put XRP at risk of a more severe correction. The shorter moving averages are still significantly lower. The 50-day average is close to $1.14, the 100-day average is at $1.21, and the 20-day EMA has accelerated to about $1.26.
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This significant gap illustrates how rapidly XRP rose from its August low of about $1.00. Momentum is also returning to normal. After moving well into overbought territory, the RSI is now close to 66. Because of this cooling process, XRP may have more room for a subsequent upside attempt without producing an extremely high momentum reading right away.
The first significant barrier is still between $1.45 and $1.50. After the initial breakout, XRP has had trouble sustaining its momentum above this region. Attention would move to $1.55 and ultimately the $1.70 spike high if $1.50 were cleared.
Technically speaking, XRP is still bullish above $1.35. A consolidation between that level and $1.50 would probably be preferable to another sudden vertical move, in order to allow the shorter moving averages to catch up with price.
Ethereum's strong positioningFollowing its August breakout, Ethereum is still in an exceptionally strong position, holding hundreds of dollars above its recently recovered 200-day moving average while consolidating around $2,470. ETH is currently trading close to $2,472 after rising quickly from about $1,900.
ETH/USDT Chart by TradingViewAlmost simultaneously, the breakout forced Ethereum through a number of resistance levels, including the declining 200-day moving average at $2,159. It is an important move. The 20-day EMA has risen to $2,225, while ETH is currently about 14% above its 200-day average.
At roughly $2,030 and $2,019, respectively, the 50-day and 100-day moving averages are still much lower. Breaking the long-term trend indicator is no longer Ethereum's immediate concern.
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Rather, buyers must build a solid structure above it and prevent the current consolidation from becoming a more significant retracement. The immediate resistance area is now between $2,500 and $2,550. This zone has been tested by several recent candles without resulting in a lasting breakout.
Additionally, volume increased sharply during the initial breakout before falling during the consolidation. Lower volume during a sideways phase is not inherently bearish, as it may suggest that aggressive selling has not followed the rally. The quickly rising 20-day EMA at $2,225 is currently the first significant dynamic support.
The 200-day average at $2,159 becomes the critical level below it. The present consolidation supports continuation as long as Ethereum stays above those levels. Breaking $2,550 would be the next sign that buyers are prepared to extend the August reversal.
Shiba Inu's long-term directionAfter its August comeback, Shiba Inu is still struggling with long-term resistance, but the most recent decline has moved SHIB into a support zone that may determine whether the rebound continues. Following a recent spike to roughly $0.00000620, SHIB is currently trading around $0.00000517.
SHIB/USDT Chart by TradingViewSHIB briefly rose above the 200-day moving average as a result of the move, but buyers were unable to hold that position. The indicator remains the biggest technical barrier on the daily chart and is currently located close to $0.00000571.
Because the 200-day average has served as long-term resistance during the larger downtrend, that failed breakout is significant. Before the market can establish a more convincing bullish reversal, SHIB needs to recover roughly $0.00000570–$0.00000580. The lower price is more favorable.
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The 100-day moving average is close to $0.00000498, and the 20-day EMA has risen to about $0.00000500. As a result, there is a concentrated support area directly beneath SHIB. At roughly $0.00000471, the 50-day moving average is lower. Consequently, the critical short-term level is now $0.00000495–$0.00000500.
By holding it, SHIB could consolidate above its medium-term trend indicators and prepare for another attempt at the 200-day average. Momentum has already considerably decreased. The RSI is currently at 54, which is lower than the overbought levels reached during the August surge.
As a result, SHIB has considerably more room to move in either direction without momentum becoming a limiting factor. For a rebound from $0.00000500, resistance would first appear between $0.00000540 and $0.00000555, followed by the critical $0.00000571 level.
Bitcoin is holding steady following a strong breakout in August, with its price consolidating well above crucial long-term averages. After reaching a peak just above $81,000, Bitcoin is currently trading near $78,840. The recent surge began around $63,000, representing a nearly 30% gain before the cryptocurrency encountered significant resistance.
Key support and resistance levelsDespite volatility near the $80,000 level, sellers have so far been unable to trigger a significant pullback. The most notable technical indicator remains the recovery and defense of Bitcoin’s 200-day moving average, with the 20-day exponential moving average (EMA) rapidly rising to approximately $72,250, converging with the 200-day average in the same region. These overlapping support bands near $72,000 are poised to play a crucial role in the coming sessions.
The asset also trades comfortably above its 50-day and 100-day moving averages, currently situated at $68,680 and $67,300, respectively. This distance illustrates the exceptional velocity of Bitcoin’s rally. The relative strength index (RSI) remains elevated at around 72.5, indicating that conditions are technically overbought, which could support a period of sideways movement before any further gains.
Critical resistance is clustered between $80,000 and $82,000. A decisive breakthrough above $82,000 could signal further bullish continuation, while downside support is established near $76,000–$77,000. A more pronounced correction could place the $72,000 support zone into focus, but as long as Bitcoin holds above its 200-day moving average, the broader uptrend remains intact.
IndicatorCurrent ValuePrice$78,840All-time peakJust above $81,000200-day MA~$72,18020-day EMA~$72,250Support zone$76,000–$77,000Resistance zone$80,000–$82,000Bitcoin’s structure remains bullish while it holds above its 200-day moving average, and the consolidation near $80,000 appears driven by recent overbought conditions rather than a confirmed trend reversal.
XRP consolidates after sharp rallyXRP, the native token of the Ripple network, is also navigating a consolidation phase after a robust rally, during which it climbed from an intraday low of $1.38 to a recent price of $1.41. The token remains securely above its 200-day moving average at about $1.35, a region considered its key technical support.
A daily close below this threshold could open the door to deeper losses; however, buyers have so far defended this area effectively. XRP’s shorter-term moving averages lag behind the price, with the 50-day at $1.14, the 100-day at $1.21, and the 20-day EMA rising to $1.26.
The resurgence in price was accompanied by a surge in momentum, pushing the RSI toward overbought territory before a recent cooldown to 66. This drop in momentum may allow for another move higher without triggering an excessively overheated market. Immediate resistance stands at $1.45–$1.50, with further attention at $1.55 and the spike high at $1.70. A sustained consolidation between $1.35 and $1.50 would allow the shorter moving averages to catch up and support any future advance.
Maintaining support above $1.35 remains crucial for XRP’s near-term outlook; holding this level could reinforce the case that a longer-term downtrend has been broken.
Ethereum maintains strong trendEthereum has continued to trade in a strong technical position since its August breakout, staying hundreds of dollars above its reacquired 200-day moving average and consolidating around $2,470. ETH recently tested $2,472, following a rapid ascent from about $1,900.
The rally lifted Ethereum above several resistance marks, including the declining 200-day MA currently at $2,159. With the 20-day EMA now at $2,225, ETH sits approximately 14% above the critical long-term average. The 50-day and 100-day averages, at $2,030 and $2,019 respectively, trail well beneath recent prices.
Current consolidation above these levels suggests the market is pausing, rather than reversing. The immediate resistance zone lies at $2,500–$2,550. Trading volumes surged during the initial breakout, tapering off as prices moved sideways, which may reflect a lack of aggressive selling pressure. As long as ETH stays above $2,159, the medium-term outlook remains constructive. A breakout above $2,550 would reinforce the August reversal and confirm buyers’ control.
Shiba Inu struggles at long-term resistanceShiba Inu (SHIB), a well-known memecoin, has encountered persistent long-term resistance after its August surge. The recent price drop brought SHIB into a dense support band, now trading near $0.00000517 after briefly touching $0.00000620.
SHIB’s attempt to stay above its 200-day moving average near $0.00000571 was short-lived. This indicator remains the primary resistance during the ongoing downtrend. Recovery over $0.00000570–$0.00000580 is necessary for a confirmed bullish reversal; otherwise, focus remains on lower support levels.
The 100-day moving average stands at $0.00000498 and the 20-day EMA at about $0.00000500, providing a narrow support region under current prices. The 50-day average is further below at $0.00000471. Holding $0.00000495–$0.00000500 could lay the groundwork for renewed upward momentum. SHIB’s RSI has dropped to 54, offering more flexibility for the next directional move, and upside resistance remains at $0.00000540–$0.00000555, with the main barrier just above at $0.00000571.
Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) have paused their gains after facing a slight pullback last week following their recent massive gains. BTC trades around $77,900 on Monday, and ETH faces selling pressure near the key $2,500 resistance level. Meanwhile, XRP corrects and finds support around a key level that could determine its next directional move.
Bitcoin consolidates following a massive rally in recent weeksBitcoin price trades at $77,893 on Monday, maintaining a bullish near-term bias as it holds well above the 50-day, 100-day and 200-day Exponential Moving Averages (EMAs) clustered between roughly $69,700 and $72,300.
The Relative Strength Index (RSI) at 69 hovers just below overbought territory, while the Moving Average Convergence Divergence (MACD) remains positive, hinting that upside momentum is still constructive but becoming stretched.
On the topside, the next notable resistance aligns with the horizontal barrier at $85,000.
On the downside, initial demand appears around the 200-day EMA at $72,254, then the 50-day EMA at $69,681, followed by the 100-day EMA at $68,887; below these, deeper support emerges at the previously charted horizontal levels of $66,500 and $62,300.
BTC/USDT daily chartEthereum faces rejection near $2,500 markEthereum price trades at $2,421 on Monday, holding a bullish near-term bias as price remains comfortably above the key EMAs. The 50-day EMA at $2,101, together with the 100-day EMA at $2,037 and the 200-day EMA at $2,161, forms a broad underlying demand zone that reinforces the constructive structure while ETH consolidates near recent highs.
Momentum remains supportive, with the RSI hovering around 66 and avoiding extreme overbought territory, while the MACD stays in positive territory, hinting at sustained but moderating upside pressure.
On the topside, immediate resistance is seen at the horizontal barrier near $2,500, ahead of a more significant cap at $3,000, where profit-taking could intensify if bulls extend the rally.
On the downside, initial support sits around the 200-day EMA at $2,161, followed by the 50-day EMA at $2,101 and the 100-day EMA at $2,037, which should cushion deeper pullbacks. A break below the psychological $2,000 level would expose the distant structural floor at $1,505, while sustained trading above the clustered moving averages keeps the broader bullish tone intact.
ETH/USDT daily chartXRP finds support near 200-day EMAXRP price trades at $1.350 on Monday, maintaining a broadly bullish near-term bias as it holds above the 50-day and 100-day EMAs at $1.204 and $1.209, respectively. However, the pair is now testing the 200-day EMA at $1.351 as immediate support, capping further downside for now.
The RSI around 59 suggests constructive but not overextended momentum, while the positive MACD reading with a small positive value hints at waning yet still supportive bullish pressure after the recent sharp rally.
On the topside, initial resistance sits at the horizontal level of $1.900.
On the downside, the first meaningful support appears at the 200-day EMA at $1.351, followed by the $1.300 horizontal level, ahead of a supportive cluster formed by the 100-day EMA at $1.209 and the 50-day EMA at $1.204. At the same time, a deeper structural floor sits at the $1.000 handle.
As long as XRP stays above the $1.300 area, the technical backdrop would continue to favor consolidation with potential for renewed upside attempts toward the recent high around $1.699 and beyond the $1.900 mark.
XRP/USDT daily chart(The technical analysis of this story was written with the help of an AI tool. Know more.)
Cryptocurrency prices FAQs Token launches influence demand and adoption among market participants. Listings on crypto exchanges deepen the liquidity for an asset and add new participants to an asset’s network. This is typically bullish for a digital asset.
A hack is an event in which an attacker captures a large volume of the asset from a DeFi bridge or hot wallet of an exchange or any other crypto platform via exploits, bugs or other methods. The exploiter then transfers these tokens out of the exchange platforms to ultimately sell or swap the assets for other cryptocurrencies or stablecoins. Such events often involve an en masse panic triggering a sell-off in the affected assets.
Macroeconomic events like the US Federal Reserve’s decision on interest rates influence crypto assets mainly through the direct impact they have on the US Dollar. An increase in interest rate typically negatively influences Bitcoin and altcoin prices, and vice versa. If the US Dollar index declines, risk assets and associated leverage for trading gets cheaper, in turn driving crypto prices higher.
Halvings are typically considered bullish events as they slash the block reward in half for miners, constricting the supply of the asset. At consistent demand if the supply reduces, the asset’s price climbs.