Pi Network price held above $0.075 on Thursday as buyers defended the lower boundary of a falling channel. Selling pressure eased near $0.073, while broader market weakness limited recovery momentum.
Bitcoin price traded near $64,000, Ethereum stayed above $1,870, and XRP held $1.10. Meanwhile, traders focused on the Protocol v25 upgrade scheduled for July 22 across the expanding ecosystem.
Upcoming Protocol v25 Upgrade Brings New Features Pi Coin price confirmed Protocol v25 will launch on July 22 after several weeks without a major development update. The launch focuses on enhanced network stability, reliability, and smart contract performance throughout its mobile-first blockchain ecosystem.
On July 22, Pi is scheduled to upgrade to Protocol v25, which primarily focuses on improving network stability and reliability, and supports new capabilities for more efficient, privacy-preserving smart contracts.
Go to the Pi mining app to learn more! pic.twitter.com/Btg8aEFAFh
— Pi Network (@PiCoreTeam) July 15, 2026
The protocol release will provide developers with BN254 cryptography and Poseidon hashing. The tools facilitate zero-knowledge applications and secure user information throughout the execution of the contract and blockchain interactions.
Smart contracts that are privacy-preserving may assist applications to handle sensitive data without revealing personal information on public records. The protocol v25 can also be used to facilitate faster transactions as Pi Network targets wider ecosystem milestones.
Adoption will however, be pegged on the activity of the developers, the growth of the applications, and also the stable performance once it is fully activated.
Pi Network Price Outlook Shows Rebound Potential Pi Network price is within a falling channel, but the recent stagnation indicates bearish consolidation is weakening. The support is being defended by buyers at around $0.073 and may give support to a short term recovery.
A long-term push beyond $0.075 can lead to the buyers attacking the middle level of the channel.
However, the crypto market remains pressured after losing 1.67% and falling toward a $2.21 trillion valuation. Bitcoin price consolidation near $64,000 has also reduced risk appetite across smaller digital assets.
Pi Network has a chance to recover in case Protocol v25 becomes more confidence-enhancing and the situation with the wider market stabilizes. The inability to hold $0.073 could put the token at risk of renewed selling and further downside force.
PI Coin Price Consolidates at $0.077: Is a Major Recovery Ahead? PI coin price stood at 0.077 on Thursday and was near a major four-hour support zone. The MACD line has crossed above the signal line, creating a small positive histogram reading.
This crossover indicates that selling pressure is weakening, but both lines are below the level of the neutral. The Chaikin Money Flow is close to less than 0.01, indicating that the selling and buying flows are almost equal.
PI needs to regain the $0.080 level to solidify its emerging recovery and draw new purchasing attention. A prolonged rally beyond the $0.080 level would reveal the recent swing zone between the $0.083 to $0.085. Additional gains can be then aimed at $0.090 that once served as a significant support level.
Source: Tradingview Breaking $0.090 could open the path toward the major psychological resistance at $0.10 as per the future Pi coin outlook. But any failure to hold $0.074 may undermine the recovery and pressure it more towards $0.070. Further depreciation can bring the recent market minimum of around $0.066 back into the focus of traders.
T. Rowe Price, which manages nearly $2 trillion in assets, has launched the first active crypto ETF, which provides exposure to crypto assets such as Bitcoin, Ethereum, XRP, and Hyperliquid. Bloomberg analyst Eric Balchunas had previously said that this launch was notable because the asset manager was the largest active manager to enter the crypto space.
T. Rowe Price Unveils First Active Crypto ETF In a press release, the asset manager announced the launch of the first active crypto ETF, which began trading on the NYSE Arca today under the ticker TKNZ. “The fund is the first actively managed multi-token spot exchange-traded product* offered in the marketplace,” the firm noted.
The T. Rowe Price Active Crypto ETF notably offers exposure to Bitcoin, Ethereum, BNB, XRP, Solana, and Hyperliquid. The Fund will also hold top meme coins Dogecoin and Shiba Inu, making it the first U.S. Fund to offer spot exposure to SHIB.
The asset manager also noted that the crypto ETF is designed to capitalize on emerging trends, momentum-driven rallies, and market rotations among crypto assets. Meanwhile, the Fund will offer a net fee waiver, which will be effective until May 31, 2027. The management fee during this period will be 0.75%.
The T. Rowe Price Active Crypto ETF joins a host of other crypto ETFs that have launched this year, including the Hyperliquid ETFs. As CoinGape reported, Morgan Stanley’s Ethereum and Solana ETFs are about to launch, with the Wall Street giant filing amendments to its S-1.
‘Smart Timing’ For The ETF Launch Bloomberg analyst Eric Balchunas commended T. Rowe Price for the timing of the launch of its active crypto ETF. “I think they were smart with the timing- waiting till the Oct selloff dust settled a bit,” he said in an X post.
T Rowe Price’s Active Crypto ETF $TKNZ is ready for launch. Any day now, I’d guess Thursday. I think they were smart with the timing- waiting till the Oct selloff dust settled a bit. pic.twitter.com/5LZO5WHrqn
— Eric Balchunas (@EricBalchunas) July 14, 2026
It is worth noting that the SEC had approved the crypto ETF last month but waited until now to launch the Fund. The asset manager had first filed for the month in October last year, around the time of the infamous crypto crash.
Meanwhile, Balchunas had previously said that the T. Rowe Price Active Crypto ETF was notable because the asset manager was “by far the biggest active manager to apply their active prowess to this space.”
Stellar (XLM) has continued to gain traction as the fast-growing altcoin remains one of the top-performing cryptocurrencies that have been barely overwhelmed by the extreme market volatility.
With XLM consistently projecting strong price movements even on days when the market seems uncertain, traders are beginning to weigh in on its possible future outcome against its rival, XRP.
XLM gains edge over XRPData showcased on the crypto prediction market Kalshi shows that traders are giving XLM a bit of an edge over XRP as the former continues to pull stronger price moves even amid the weak market conditions.
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Under the category that allows traders to bet on which cryptocurrency will end the year with a positive return, 36% of traders on the platform believe XLM will finish the year in the green. Meanwhile, only 31% showed confidence in XRP.
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Although the difference is relatively small, it suggests that market sentiment is a bit in favor of XLM and traders are showing more confidence in Stellar's performance over the remainder of the year despite XRP's growing social hype.
What does history say?While the odds appear to be pretty close, historical data further backs XLM's chances of outperforming XRP for the remaining part of the year.
So far in 2026, XLM has only decreased by 5.99%, while XRP is down by a massive 39.8%, positioning the former way ahead in terms of their year-to-date price performance.
Further data has also shown that XLM has been more resilient over the past three months, posting an increase of 17.8% in its price while XRP declined by 21.4% over the same period.
Bitcoin traded flat near the $64,600 mark on Thursday as easing inflation and rising geopolitical tensions kept investors cautious. The world's largest cryptocurrency was last trading at $64,560.
Over the past 24 hours, Bitcoin slipped 0.42%, while Ethereum gained 2.24% to trade at $1,917. Among major altcoins, BNB and XRP rose 0.45% and 0.51%, respectively, while Solana, Tron, Hyperliquid, Dogecoin and Cardano fell by up to 0.95%.
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Vikram Subburaj, CEO of Giottus, said softer-than-expected U.S. consumer and producer inflation data eased concerns over an immediate Federal Reserve rate hike. However, renewed geopolitical tensions and higher crude oil prices prevented a stronger risk-on rally.
He advised investors to avoid chasing short-term breakouts, adding that staggered accumulation, limited leverage and disciplined position sizing remain preferable until Bitcoin sustains above $65,500 and ETF inflows become more consistent.
According to CoinMarketCap, the global cryptocurrency market capitalisation edged up 0.1% to $2.22 trillion. The CoinDCX Research Team said Bitcoin touched a local high above $65,600, driven by nearly $209 million in short liquidations. It also noted that crypto ETFs other than Bitcoin and Ethereum saw virtually no activity.
Over the past week, Bitcoin and Ethereum gained 2.41% and 9.25%, respectively. Among major altcoins, BNB, XRP and Dogecoin rose by up to 1.61%, while Solana, Tron and Hyperliquid declined by up to 2.03%.
The CoinSwitch Markets Desk said Bitcoin climbed to a three-week high of $65,500 after U.S. producer inflation fell 0.3% month-on-month, reinforcing the softer CPI print released a day earlier, before easing below $65,000.
It added that Bitcoin now faces resistance around $67,200. A sustained breakout above this level could pave the way toward $70,000. However, traders remain cautious as the cryptocurrency approaches its 50-month exponential moving average (EMA), which has historically acted as a key resistance level during bearish phases.
Here’s what another analyst said:
Avinash Shekhar, Co-founder and CEO of Pi42, said the crypto market is showing encouraging signs of renewed institutional confidence, with Bitcoin supported by fresh ETF inflows while Ethereum continues to attract attention ahead of potential catalysts in the second half of the year.
He advised investors to build positions gradually with a disciplined approach rather than react to daily price swings or speculative narratives.
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Riya Sehgal, Research Analyst, Delta Exchange, said: “Bitcoin is still struggling to establish acceptance above the $65,000-$66,000 resistance zone. The first key support lies near $64,200. Ethereum continues to display stronger relative momentum, although its Relative Strength Index (RSI), at around 71, indicates overextended conditions.”
Nischal Shetty, Founder, WazirX, said: “The crypto market is witnessing renewed optimism as softer inflation data has eased concerns over further interest rate hikes. Lower rate expectations typically improve liquidity for risk assets, and signs of institutional confidence are already emerging, with both Bitcoin and Ethereum spot ETFs recording fresh inflows last week.”
(Disclaimer: Recommendations, suggestions, views and opinions expressed by the experts are their own and do not represent the views of The Economic Times)
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TL;DR
The US Justice Department transferred 54.89 billion SHIB seized in the FTX case after the tokens' value fell from $1.55 million to approximately $235,500, representing an 85% decline.Binance founder Changpeng Zhao argued that AI can increase productivity but cannot protect purchasing power like Bitcoin's fixed supply. BTC recovered above $65,000 as US inflation pressures eased.XRP wallets holding at least 1 million tokens accumulated another 70 million XRP, worth approximately $77 million, as buyers defended support near $1.08 and resistance remained around $1.14.US spot Bitcoin ETFs recorded $108 million in daily inflows, led by BlackRock's IBIT with $80.82 million, while BTC's $65,000 resistance, Ethereum's recovery toward $2,000, and the CLARITY Act remained the main market catalysts.FTX paradox: US Justice Department retained just 15% of the dollar value of seized Shiba InuLarge-scale activity across US government wallets has exposed the specifics of state custody of volatile digital assets. Over the past several days, US agencies have moved more than $338 million in confiscated cryptocurrency, according to Arkham on-chain data.
Most of the funds, including 3,940 BTC and 40,000 ETH, were sent to Coinbase Prime. However, the market's attention was drawn to a much smaller but more revealing transfer involving Shiba Inu (SHIB) tokens.
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The transaction involved a pool of 54.89 billion SHIB tokens seized by officials during the investigation into the collapse of the FTX exchange and Alameda Research. The changing value of these confiscated assets clearly illustrates the impact of prolonged legal proceedings on high-risk assets:
Last year, this volume of tokens was valued at $1.55 million.On July 15, the Justice Department completely emptied the "FTX Alameda Seized Funds" address, transferring the same tokens to a new wallet. At the time of the transaction, their value had fallen to just $235,500.US Government history of transactions with Shiba Inu (SHIB) coin seized from FTX, Source: ArkhamAs a result of market corrections, the government retained only 15% of the position's former dollar value. According to available information, this volume of SHIB is not intended for sale on the open market. The US government will continue holding the assets for subsequent settlements with FTX creditors.
For affected exchange customers, this creates a precedent in which the repayment procedure involves distributing the original tokens, although their actual purchasing power declined by 85% during the legal proceedings. The transactions followed the agencies' standard practice of conducting $10 test transfers and also involved small balances of WBTC, COMP, and MANA.
Why the Binance founder believes AI is useless against inflation, unlike BitcoinWhile the technology sector remains focused on the capabilities of neural networks, Binance founder Changpeng Zhao, known as CZ, has brought investors back to a harsh economic reality. Artificial intelligence can radically increase business productivity, but it is technologically incapable of protecting personal capital from depreciation.
According to CZ, this role still belongs exclusively to Bitcoin because its issuance is strictly limited at the code level.
The position of the Binance founder was effectively supported from the perspective of traditional institutional finance by BlackRock CEO Larry Fink. In his assessment, following a major reduction in leverage, the crypto market has cleared out excessive speculative positions and become significantly more resilient.
AI is great, but it does not protect you against inflation.
Bitcoin does.
— CZ 🔶 BNB (@cz_binance) July 16, 2026 The industry leaders' statements came against the backdrop of fresh US macroeconomic data. The latest CPI report showed that US consumer inflation had declined to 3.5%, while the Producer Price Index surprised the market by falling 0.3%.
The market immediately responded to the easing of inflationary pressure. Bitcoin began a confident recovery, broke through local resistance, and consolidated above the psychologically important $65,000 level.
Large investors bought 70 million XRP as the price stabilized near $1.10The largest XRP holders have intensified their purchases. According to fresh on-chain data from Santiment cited by Ali Martinez, wallets holding at least 1 million XRP added another 70 million tokens over the past week. At the current market price, the investment is worth approximately $77 million.
The purchases were made gradually between July 9 and July 15, increasing the total holdings of these large investors to 3.83 billion XRP. This group of large market participants now controls an impressive 74% of the token's total circulating supply.
From a technical perspective, the chart shows a classic accumulation period. XRP remains trapped within a downward trend, with the exponential moving average near $1.14 acting as the key barrier and resistance level.
XRP price chart on a daily timeframe with fresh report from Ali Martinez, Source: TradingViewLarge investors are using the current consolidation near $1.10 to methodically increase their positions at a relatively stable price without causing sharp market fluctuations.
At the same time, buyers have formed a strong support zone below the current price, with the $1.08 level actively defended by large orders. The RSI momentum indicator also points to a potential recovery as it begins turning upward from oversold territory.
Meanwhile, tokens continue to flow from trading platforms to cold wallets, while the total number of active addresses on the XRP Ledger has exceeded 8 million.
Crypto market outlook: AI payments, the Senate, and a new Bitcoin cycleThe cryptocurrency market is showing clear signs of forming a local bottom in mid-July 2026. The industry is currently caught between renewed demand for Bitcoin ETFs, expectations of key regulatory decisions in the US Senate, and the expansion of stablecoins into the real economy.
Total Bitcoin Spot ETF net inflow in US over the last 30 days, Source: SoSoValueBitcoin is holding the strategic $64,000–$65,000 range, laying the foundation for a potential short squeeze.
Key checkpoints:
ETFs return to the market: After an extended period of selling pressure, spot Bitcoin ETFs recorded net daily inflows of $108 million. BlackRock's IBIT fund led the recovery, attracting $80.82 million on its own and confirming institutional interest at current price levels.Bitcoin holds its position: BTC has consolidated above an important liquidity zone near $64,000. A breakout and sustained move above the $65,000 resistance level would open a direct path toward testing the long-term barrier near $67,000. At the same time, a strong volume shelf at $57,511 remains the main line of defense for holders.US legislative trigger: Investors are focused on Washington, where the House Financial Services Committee will hold a hearing on July 17. Senator Cynthia Lummis confirmed that Clarity Act, which is critically important for the regulation of innovation and digital assets, is expected to be brought to a Senate vote during the week beginning July 20.Ethereum shows strength: ETH staged a dynamic recovery from a three-week low of $1,630, rising into the $1,910–$1,918 range. Sellers are capitulating, but buyers must hold the intermediate support level at $1,850 to maintain momentum toward the psychological target of $2,000.Real-world adoption and stablecoin expansion: The crypto market's infrastructure foundation continues to strengthen as Visa and Artemis have officially identified stablecoins as the best payment solution for microtransactions within AI ecosystems. At the same time, Tether invested $20 million in Latin American fintech giant Ualá, valued at $3.2 billion, expanding access to digital dollars for 11 million users. You Might Also Like
Currently, the market is showing all the signs of an altcoin cycle.
From the technical standpoint, while Bitcoin [BTC] dominance has trended higher for three straight weeks, recently breaking above the 59% level, Ethereum [ETH] dominance is now taking the lead, pushing the ETH/BTC ratio up more than 10% over the same window. This suggests that capital is rotating across the market rather than remaining solely “Bitcoin-led.”
Ripple is no exception. As AMBCrypto flagged, FOMO around XRP and ETH has climbed to a five-week high, while Bitcoin sentiment remains neutral. More importantly, XRP is leading ETH in bullish sentiment, recording 3.02 bullish comments for every 1 bearish comment compared with ETH’s 2.31-to-1 ratio.
Source: TradingView (XRP/BTC) In essence, FOMO around XRP is building faster than the broader market.
The timing is important. As the chart above shows, the XRP/BTC ratio has recently broken below the key 0.00002 support level, a level that sparked a strong breakout during the Q3 2025 cycle. Since then, the ratio has printed more than four straight lower lows, showing that XRP has continued to underperform Bitcoin.
Now, with sentiment turning bullish again, the question is whether this growing momentum can help XRP reclaim strength against Bitcoin, especially with FOMO building. But the bigger question is whether that FOMO is actually showing up on-chain because, as a Layer 1 network, Ripple’s [XRP] strength ultimately depends on real network activity and capital flows, not just market sentiment.
XRP/BTC consolidates as on-chain momentum builds A 10-week consolidation usually sets the stage for a strong move in either direction.
With FOMO continuing to build, the bias is starting to lean bullish. The XRP/BTC ratio has now spent nearly 10 weeks consolidating around the 0.000015 level, a sign that longer-term accumulation may be taking place rather than short-term capital rotation. If that structure holds, a breakout above resistance could mark the start of a fresh leg higher for Ripple against BTC.
From the on-chain perspective, the setup already reinforces this view. According to DeFiLlama data, XRPL’s DeFi activity is rebounding, with TVL up more than 3% over the last 24 hours. The move has been backed by a 6%+ jump increase in stablecoin supply, pushing nearly $1 billion back into the network.
Source: DeFiLlama To put this into perspective, more than $2 billion in stablecoins have flowed out of the Ethereum network over the same period, highlighting a shift in liquidity toward alternative Layer-1 ecosystems like XRPL.
Against this backdrop, the growing FOMO around Ripple doesn’t look like a fluke. Instead, liquidity is gradually rotating into XRPL, supporting the network’s underlying strength. If this trend continues, the XRP/BTC ratio could be setting up for more than just a short-term rally.
Instead, it could be the early stages of a broader breakout.
Final Summary XRP FOMO is rising, while the XRP/BTC ratio continues to consolidate, increasing the chances of a breakout. Strong XRPL on-chain activity and growing stablecoin flows suggest the rally is being supported by real network growth, not just market hype.
Leading cryptocurrencies traded sideways on Wednesday, while stocks rallied as investors digested softer inflation data amid heightened tensions with Iran
Bitcoin Steadies, Ethereum GainsBitcoin climbed to an intraday high of $65,507, only to encounter strong resistance soon after. Ethereum, meanwhile, broke $1,900 for the first time since Feb. 3, while XRP and Dogecoin moved sideways.
Over $300 million was liquidated from the cryptocurrency market in the last 24 hours, mostly wiping out bearish short bets, according to Coinglass data
Bitcoin’s open interest rose 0.39% over the last 24 hours. Retail derivative sentiment on Binance remained “Neutral,” with volume of buy orders slightly exceeding sell orders during the period.
"Extreme Fear" sentiment prevailed in the market, according to the Crypto Fear & Greed Index.
Top Gainers (24 Hours)
The global cryptocurrency market capitalization stood at $2.2 trillion, following a dip of 0.79% over the last 24 hours.
Stocks Climb On Favorable Inflation DataStocks extended the gains on Wednesday. The Dow Jones Industrial Average rose 150.37 points, or 0.29%, to end at 52,658.64. The S&P 500 advanced 0.38% to close at 7,572.40, while the tech-focused Nasdaq Composite spiked 0.62% to settle at 26,269.22.
Meanwhile, geopolitical tensions kept investors on edge as the U.S. launched a second wave of strikes against Iran’s military assets.
‘Attractive Long-term Accumulation Area’Michaël van de Poppe, a widely followed cryptocurrency analyst and trader, said that indicators are flashing bottom signals and backed a dollar-cost averaging strategy during such periods.
The analyst reacted to a chart showing Bitcoin’s relative unrealized profit hitting lows comparable to past accumulation phases in 2020 and 2023.
“The cycles don’t need to repeat themselves on Bitcoin, but the behavior does repeat itself,” Van De Poppe said. “This is the time.”
Ali Martinez, another popular cryptocurrency commentator, says investors need not buy the “exact bottom” for long-term returns.
“Personally, I believe even current prices represent an attractive long-term accumulation area,” Martinez said. “My plan is to accumulate during periods of weakness and look to take profits during the next major cycle, around 2029.”
Photo Courtesy: Zakharchuk on Shutterstock.com
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Ripple (XRP) and Stellar (XLM) trade higher on Thursday as both altcoins extend their recovery after defending key support levels earlier this week. XRP is up more than 2% so far this week, while XLM has rebounded after finding support around $0.177. Improving derivatives metrics and fading bearish momentum indicators suggest the recovery could extend in the near term.
Derivatives metrics show recovery signsDerivatives metrics show mild signs of improvement for Ripple and Stellar. XRP's futures Open Interest (OI) has risen to $2.45 billion on Thursday after falling to $2.28 billion on Monday. Over the same period, XLM's OI increased to $193 million from Monday's low of $153 million.
This rise in open interest, alongside the recent price recovery, suggests fresh capital is entering the market, indicating improving trader confidence and supporting the case for a further rebound.
XRP open interest chart. Source: Coinglass
XLM open interest chart. Source: CoinglassIn addition, XRP and XLM funding rates flipped positive on Tuesday, reading 0.27% and 0.0101%, respectively, on Thursday, indicating improving sentiment.
XRP funding rates chart. Source: Coinglass
XLM funding rates chart. Source: CoinglassMixed on-chain metricsCryptoQuant’s summary data shows mixed sentiment. XRP’s spot and futures markets show large whales' orders with neutral conditions in other metrics, supporting a potential recovery.
However, XLM shows selling-side dominance in both markets, hinting at cautious sentiment among traders and capping any potential recovery.
XRP summary chart. Source: CryptoQuant
XLM summary chart. Source: CryptoQuantXRP technical outlook: Fading bearish strengthXRP price trades at $1.115 on Thursday, after recovering and finding support around the upper boundary of the downward parallel channel earlier this week. However, XRP is holding beneath the key Exponential Moving Averages (EMAs), which keeps the bias bearish.
XRP price remains below the 50-day EMA at $1.155 as well as the 100-day EMA at $1.252 and the 200-day EMA at $1.456, suggesting rallies are still being capped by overhead trend resistance. Momentum is more balanced, with the Relative Strength Index (RSI) hovering near the neutral 50 mark and the Moving Average Convergence Divergence (MACD) marginally positive, hinting at stabilizing downside pressure rather than a clear bullish reversal.
On the topside, immediate resistance appears at the 50-day EMA around $1.155, followed by the 100-day EMA at $1.252 and the horizontal barrier near $1.300. At the same time, a stronger supply zone is seen higher up at the 200-day EMA at $1.45 and the prior resistance line around $1.900.
On the downside, initial support is aligned with the lower boundary of the prevailing downward parallel channel near $1.027, where buyers have some room to respond before a deeper decline would reinforce the broader bearish structure.
XLM technical outlook: Finds support around key support zoneXLM price trades at $0.187 on Thursday, holding below the 50-day EMA at $0.190 and the 200-day EMA at $0.196, which keeps the pair in a capped, mildly bearish bias despite trading just above the 100-day EMA at $0.187.
The RSI around 48 hints at neutral-to-soft momentum, while the MACD remains slightly negative, suggesting that buyers lack conviction to challenge the overhead EMAs and Fibonacci barriers for now.
On the topside, initial resistance is seen at the 50-day EMA at $0.190, followed by the 200-day EMA at $0.196 and the 61.8% Fibonacci retracement at $0.200, with stronger supply layered higher at the 50% retracement at $0.218 and the 38.2% Fibonacci retracement level at $0.237.
On the downside, immediate support comes from the 100-day EMA at $0.187, ahead of the horizontal floor at $0.177 and the 78.6% Fibonacci retracement at $0.173, while a deeper pullback would expose the next key base near $0.142.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
After being stuck in a broad downtrend for the majority of the year, Bitcoin is beginning to show signs of recovery. The asset is currently trying to create support around the $65,000 mark after rising back above its 26-day EMA at $63,400. Although this is a positive development, Bitcoin still has a lot of overhead resistance.
The most significant obstacle is located close to the 50-day EMA at $64,100, which Bitcoin has just lately recovered. The next significant objective is still the 100-day EMA, which is currently at about $68,500. The larger bearish structure that has dominated price action since late 2025 is still defined by the 200-day EMA, which is currently at $74,500. The steady rise in momentum is one sign that things are going well.
BTC/USDT Chart by TradingViewRecovering to almost 57, the RSI is above the neutral zone and indicates that buyers are taking charge. The current advance follows a successful defense of the $58,000–$60,000 support area, in contrast to earlier relief rallies that swiftly faded. The move is not yet a complete reversal of the trend because volume is still moderate rather than explosive.
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The recent higher-low structure is changing into a more sustainable recovery, though, if Bitcoin is able to move toward the $68,000-$70,000 range. As of right now, it looks like Bitcoin is moving from a corrective phase into an accumulation stage. However, before bulls can seriously discuss a return toward the $75,000 region, there needs to be a break above the 100-day EMA.
Ethereum Does BetterAt the moment, Ethereum's technical features are superior to those of Bitcoin. While getting closer to the crucial 100-day EMA resistance at $1,944, ETH has effectively recovered both its 26-day and 50-day EMAs. Ethereum recently broke out of a slight ascending consolidation pattern, indicating fresh buying pressure, and is currently trading at about $1,920.
This move is backed by increasing volume and improving momentum indicators, in contrast to the numerous unsuccessful rallies that were observed earlier this year. The RSI has risen to 66, which is close to overbought territory but still has room to rise. This implies that buyers continue to have a strong hold.
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Ethereum's prospects would be greatly improved by a clear close above the 100-day EMA, which might pave the way for the 200-day EMA at $2,217. Additionally, the chart structure appears more robust than it did a few weeks ago.
ETH set a higher low after the June capitulation event and has been gradually gaining ground. When this pattern is accompanied by improving market sentiment, it frequently precedes more significant trend reversals. $1,944 is the critical level to keep an eye on.
A successful breakout above this barrier might spur more purchases and hasten Ethereum's comeback. However, failure would probably lead to consolidation between $1,750 and $1,950 before the market decides what to do next. With technical momentum clearly favoring bulls in the near term, Ethereum continues to be one of the market's stronger large-cap assets.
XRP's Recovery Is ToughThe fact that XRP is still having trouble beneath a thick cluster of moving averages shows how challenging the recovery process is. The asset is currently trading close to $1.12 and has once again failed to break above the 50-day and 26-day EMAs, which are presently at $1.15 and $1.14, respectively.
A distinct descending resistance line that was created throughout July is visible on the chart. Every attempt to surpass it has been greeted by fresh selling pressure, which has kept XRP from gaining significant upward momentum. Although buyers have not yet shown enough strength to reclaim higher resistance zones, the token has stabilized above the psychological $1 level. The RSI, which has returned above 50, is one positive indication.
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This suggests that the market is becoming more balanced and that bearish momentum is diminishing. All significant trend indicators, such as the 200-day EMA around $1.46 and the 100-day EMA around $1.25, are still above XRP. The overall trend is still clearly bearish until those levels are contested. Additionally, volume has remained largely subdued.
Large reversals usually call for increased buyer participation, which hasn't happened yet. Rather, following its June selloff, XRP seems to be stuck in a consolidation phase. Bulls' immediate goal is to break above the short-term moving averages. A move toward $1.25 becomes more probable if that happens.
However, if resistance is not broken, there may be another test of support in the $1.00–$1.05 range. As of right now, XRP appears to be stabilizing rather than completely recovering. Although the market is no longer in a panic, it is still awaiting a catalyst that can stop the more significant decline.
Zcash Makes a ComebackZcash is still one of the market's best-performing assets, continuing its remarkable comeback and moving closer to $600. The cryptocurrency that prioritizes privacy is currently trading close to $578 following yet another strong breakout from a multi-week consolidation structure.
ZEC has effectively recovered all of the major moving averages, in contrast to many digital assets that are still stuck below important resistance levels. A strongly bullish market structure is confirmed by the fact that the 26-day, 50-day, 100-day, and even 200-day EMAs are currently below price. Momentum is still incredibly powerful. The RSI has risen above 66, indicating persistent buying pressure that has not yet reached extreme overheating.
ZEC/USDT Chart by TradingViewThis implies that before traders start aggressively taking profits, the rally may still have room to continue. Because it invalidates the corrective structure that developed following the June volatility event, the most recent breakout above the $520-$540 range is especially significant.
What could have been a deeper retracement turned into a continuation pattern as buyers repeatedly intervened around the moving-average cluster. Throughout the advance, volume has also stayed strong. The current move is backed by steady participation, which lends the trend more legitimacy than transient speculative spikes.
The prior swing highs are located between $650 and $700, and the next significant resistance zone is located around $600. The market may move into a much more aggressive expansion phase if ZEC is able to pass those levels.
As long as Zcash stays above the $500 support area, technical indicators continue to favor further upside, making it one of the most obvious bullish outliers among large- and mid-cap cryptocurrencies.
Bitcoin is showing the first noteworthy signs of recovery after months of downward movement, establishing support near $65,000 following a rally above its 26-day EMA at $63,400. This shift suggests a potential change in short-term market sentiment, but significant resistance obstacles remain for the world’s largest cryptocurrency by market value.
Bitcoin recently regained its 50-day EMA at $64,100, marking an important but preliminary step in overcoming the prevailing bearish structure. The next major target is the 100-day EMA, currently positioned at $68,500, which must be cleared for a decisive trend reversal. Price action continues to be defined by the broader 200-day EMA, which stands at $74,500 and maintains the overarching downtrend that began in late 2025.
Momentum indicators, including the Relative Strength Index (RSI) climbing to nearly 57, signal strengthening buyer control. Unlike previous rebound attempts earlier this year that quickly faded, the current move is supported by ongoing buyer defense of the $58,000–$60,000 region. However, trading volume remains moderate, indicating that a full reversal has yet to materialize.
Bitcoin must break above the 100-day EMA to establish a pattern of sustained recovery and open the door for a potential move toward the $75,000 area. Until this level is reclaimed, upside discussions are likely to remain cautious.
LevelCurrent Price / EMASupport$65,00026-day EMA$63,40050-day EMA$64,100100-day EMA$68,500200-day EMA$74,500Ethereum leads large-cap recoveryEthereum stands out among the major cryptocurrencies for its technical strength in recent sessions. The asset, known for powering the largest decentralized application ecosystem, has effectively regained its 26-day and 50-day EMAs and is pushing toward the pivotal 100-day EMA at $1,944. ETH is currently trading near $1,920 and recently broke out of a minor ascending consolidation, indicating renewed demand.
Momentum and volume have improved, supporting the rally, while the RSI has moved up to 66, approaching overbought territory but still suggesting room for bullish continuation. Technical analysts point to $1,944 as Ethereum’s critical upside barrier in the short run. Clearing this could enable a move to the 200-day EMA at $2,217, especially given improved market sentiment since ETH set a higher low after the June capitulation event.
Ethereum continues to demonstrate clear outperformance among large-cap cryptocurrencies, with technical momentum and buying pressure resulting in steady gains above recent support levels.
Should Ethereum fail to clear the 100-day EMA, analysts anticipate further sideways trading between $1,750 and $1,950 until the market establishes a firmer directional consensus.
XRP faces ongoing resistanceXRP, the native token of payments-focused blockchain company Ripple, remains trapped beneath a cluster of closely grouped moving averages. XRP is trading near $1.12 and has struggled to rise above its 50-day and 26-day EMAs—currently at $1.15 and $1.14, respectively. Each attempt to break out above a descending resistance line established in July has met renewed selling activity, keeping upward momentum in check.
Despite these challenges, XRP has stabilized above the psychological $1 level. The RSI has edged back above 50, a solid sign of improving balance between buyers and sellers, but all major trend indicators—including the 100-day EMA at $1.25 and 200-day EMA at $1.46—remain overhead. Volume has also remained subdued, pointing toward a period of consolidation rather than a robust turnaround.
XRP bulls are watching for a move above the short-term moving averages. Success could allow the asset to challenge resistance at $1.25, while failure prompts a possible retest of support between $1.00 and $1.05.
Zcash emerges as a bullish outlierPrivacy-focused cryptocurrency Zcash (ZEC) has outperformed much of the market by reclaiming all major moving averages. Price has moved above the 26-day, 50-day, 100-day, and 200-day EMAs, resulting in a definitive bullish market structure. The RSI above 66 highlights persistent buyer participation without signals of major overheating, and trading volume has remained consistently strong throughout its recent ascent.
The latest breakout above the $520–$540 range invalidated the corrective pattern that followed June’s heightened volatility, with buyers repeatedly supporting the market at critical levels. ZEC now faces initial resistance around $600, with prior swing highs noted between $650 and $700.
ZEC will remain technically favored as long as it holds above $500 support, positioning itself as a notable bullish exception among large- and mid-cap tokens in the current market environment.
Mini dictionary: Zcash (ZEC): A privacy-focused cryptocurrency launched in 2016, Zcash utilizes advanced cryptographic techniques called zk-SNARKs to enable shielded (private) or transparent transactions, offering enhanced user privacy compared to most blockchains.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
XRP (CRYPTO: XRP) has dropped around 13% over the past month even as Binance’s XRP reserves dropped to their lowest level since February.
Binance XRP Reserves Stabilize Near 2.61 BillionIn an X post on July 15, CryptoQuant data shows that Binance’s XRP reserves fell to roughly 2.61 billion tokens at the start of July before stabilizing near that level.
The decline extends a broader drop in XRP held on the world’s largest cryptocurrency exchange, with no major inflows replenishing reserves.
Lower exchange reserves often suggest investors are moving tokens into private wallets, reducing the amount immediately available for sale.
However, XRP’s price continued to decline during the same period, showing that falling reserves alone have not been enough to reverse bearish momentum.
XRP trades near $1.10 as weak liquidity, muted trading volume and cautious investor sentiment outweigh the potential supply-side boost from lower Binance reserves.
If exchange balances continue to decline while demand improves, the reduced available supply could ease selling pressure over the medium term.
Monthly Buy Signal AppearsCrypto chart analyst Ali Martinez said XRP has flashed a monthly TD Sequential buy signal.
The indicator attempts to identify potential trend exhaustion and reversal points after a prolonged move in one direction.
The signal adds to the case that XRP may be approaching a technical bottom, but bulls still need stronger demand and trading volume to confirm a sustained recovery.
Image: Shutterstock
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While regulatory efforts targeting Bitcoin and altcoins continue worldwide, particularly in the US, the latest news comes from Japan.
According to Reuters, Japan has passed a major regulatory amendment that will fundamentally change the cryptocurrency market. The House of Councillors, the upper house of the country’s parliament, today approved a legislative amendment that officially classifies crypto assets as financial products for the first time.
With this step, Bitcoin, Ethereum, XRP, and other cryptocurrencies will now be regulated as “financial products” in the country and will have the same status as stocks and other financial products.
The change also introduces a tax of approximately 20% on cryptocurrency earnings. This change in taxation appears to be more advantageous than the old system, as in Japan, individual cryptocurrency earnings were sometimes included in income tax and fell into a much higher tax bracket.
According to reports, the tax reform is planned to be implemented as of January 1, 2028, following the regulations that will come into effect in the 2027 fiscal year.
The new law also paves the way for spot cryptocurrency ETFs in Japan. In this context, regulators reportedly aim to begin trading cryptocurrencies on the Tokyo Stock Exchange by 2027 or 2028. Indeed, major firms like Nomura Holdings and SBI Holdings have already begun preparations for cryptocurrency ETFs.
“The new regulation introduces several rules to cryptocurrencies that already apply in traditional financial markets. These include:
Insider trading prohibited: Transactions involving the use of confidential information will be strictly prohibited. Disclosure Obligation: Cryptocurrency issuers will be required to submit regular annual disclosures. Severe Penalties: Penalties for unregistered cryptocurrency exchanges have also been significantly increased. Those who fail to register may face imprisonment of 3 to 10 years or fines ranging from 3 million yen to 10 million Japanese yen. Individual investment limit: The individual investment limit for high-risk tokens will be 2 million Japanese yen. *This is not investment advice.
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XRP is approaching a significant technical juncture as a classic bullish pattern takes shape on its chart. Market watcher Crypto With Gopal reported that XRP currently displays a falling wedge formation, a setup known in financial analysis for predicting potential trend reversals or the continuation of a bullish momentum after prolonged corrections.
Technical trends hint at bullish reversalThe falling wedge pattern on XRP’s chart reveals a gradual narrowing between its highs and lows, suggesting that bearish momentum is tapering off. Each recent drop has lost intensity, with buyers stepping in to defend critical price levels. This activity suggests that bullish investors are increasingly influential, even as the price has recorded a series of lower highs and lower lows.
A decisive breakout above the upper boundary of the wedge, especially if supported by a surge in trading volume, could signal the beginning of a fresh upward move for XRP. Historically, confirmation of a falling wedge has often led to extended price rallies, making this a widely monitored scenario among traders and technical analysts.
At present, data from CoinCodex shows XRP trading at $1.12. This places the token at a critical level, where a clear breakout or rejection from the wedge could define its short-term direction.
XRP’s consolidation around the wedge’s boundary is backed by steady demand, with key support levels repeatedly holding as buyers increase positions.
On-chain signals support strengthening fundamentalsBeyond technical indicators, on-chain data appears to bolster the argument for renewed bullish momentum in XRP. There has been a clear shift of XRP tokens from exchanges to self-custody wallets, indicating that holders are less likely to sell in the near term. This move reduces the readily available supply on the market and may reflect a growing belief in XRP’s long-term prospects among its investor base.
Mini dictionary: Self-custody wallets, digital wallets controlled directly by the asset holder rather than an exchange, allowing users full ownership and responsibility for their cryptocurrency.
According to on-chain analytics provider XRP Update, XRP’s market dominance—a metric showing its share of total cryptocurrency market value—remains within a falling channel after advancing from multi-year lows. Should dominance regain upward traction and break above this channel, it would indicate a renewed flow of capital into XRP versus other assets. Prior occurrences of rising XRP dominance have historically corresponded with strong asset outperformance.
MetricCurrent StatusHistorical SignalFalling wedge patternActive, near resistance breakoutOften precedes upward ralliesExchange balancesDecreasingIndicates holder convictionMarket dominanceRising in falling channelCorrelates with past outperformanceInstitutional recognition and outlookInstitutional sentiment toward XRP is also showing signs of improvement. Forbes, a leading global business publication, recently included XRP in its list of top four cryptocurrencies to watch, alongside Bitcoin, Ethereum, and BNB. The ranking places particular emphasis on XRP’s increasing adoption, tokenization efforts, and advancements in real-world blockchain solutions.
With technical and on-chain indicators converging, and large holders opting for self-custody, XRP enters a crucial phase. Should buyers succeed in breaking through the wedge resistance with convincing volume, analysts see the potential for renewed expansion in the asset’s market value.
Several factors are now aligning for XRP: a bullish chart structure, declining exchange supply, rising dominance, and heightened institutional attention, all contributing to what could be a pivotal stretch for the asset.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Ripple’s intellectual property and its impact on the development of cross-border payments have drawn renewed attention following recent documents shared by the crypto researcher SMQKE on X (formerly Twitter). According to SMQKE, these documents reinforce Ripple’s legal protections over its blockchain technology and its competitive position in international payments.
Patents and Technology in the SpotlightSMQKE’s post emphasized that Ripple’s patented innovations prevent direct replication of the XRP Ledger (XRPL) by other financial institutions. The researcher suggested that any organization with ambitions to match XRPL’s performance would need to rely on integration with Ripple’s technology instead of developing a parallel system.
Ripple’s technology is patented, so SWIFT cannot directly copy the XRP Ledger. Ripple’s patents prevent competitors from using similar blockchain networks without formal permission, making integration rather than imitation the practical option for institutions seeking comparable capabilities.
Ripple, a San Francisco-based fintech company, is known for its blockchain-based payment network designed to facilitate fast, low-cost, cross-border money transfers. The XRP Ledger (XRPL) serves as the company’s decentralized blockchain network, enabling transactions and supporting a native digital asset, XRP.
The researcher argued that the patented aspects of Ripple’s system leave SWIFT, the prominent financial messaging network, with limited alternatives in seeking efficient blockchain solutions for payment processing.
Mini dictionary: SWIFT — The Society for Worldwide Interbank Financial Telecommunication (SWIFT) is the leading global provider of secure messaging services and infrastructure that connects more than 11,000 financial institutions for cross-border payments and transaction communications.
FeatureRipple/XRP LedgerSWIFTPayment SpeedSeconds1–4 daysSystem TypeBlockchain-basedMessaging networkPatent ProtectionPatented technologyNo blockchain patentsIntegration PotentialOpen API, integration optionCan be integrated with blockchainsDocuments Presented to Support the ClaimTo substantiate his claims, SMQKE shared excerpts from what appears to be an academic analysis detailing the unique aspects of Ripple’s payment system patents. One section referred to RippleNet as a patented, blockchain-driven payments infrastructure that enables banks and financial institutions to process international transactions faster and at lower cost. The cited document asserted that these patents grant Ripple exclusive authority, restricting competitors from using similar technology without authorization.
Another segment referenced by SMQKE described the potential for messaging standards, including SWIFT, to be integrated with Ripple’s infrastructure, provided that appropriate legal and regulatory frameworks apply. This reinforced the suggestion that integration, not duplication, would be the feasible route for institutions aiming to access Ripple’s capabilities.
Academic references cited by SMQKE note that Ripple’s exclusive patent rights protect its blockchain payment technologies from unlicensed adoption, supporting the argument that industry participants must work with—rather than replicate—Ripple’s platforms to achieve similar outcomes.
Community Debates Patent Impact and Open Source ElementsSMQKE’s assertions prompted varying responses from X users, reflecting differing interpretations of Ripple’s intellectual property and the future role of the XRP Ledger in global payments. A commenter known as LORD argued that decisions about infrastructure adoption rest with individual banks, not SWIFT, and that the future financial landscape will emphasize interoperability, allowing multiple blockchains to connect via common standards.
Another contributor, Ledger Legend, pointed out that while Ripple has patents covering specific technologies, the XRP Ledger itself is open source. This means that developers and competing networks can build systems with similar features, though proprietary implementations developed by Ripple may remain protected under its patents. He noted that such open-source elements could limit the direct impact of certain exclusive patent claims.
SMQKE maintained his position that the collected documents and references to potential SWIFT integration demonstrate Ripple’s distinct advantage in the evolving market for cross-border payments.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Key HighlightsQualification Criteria Established for RLUSD ParticipantsBorrowed RLUSD Positions Face Modified CalculationsRLUSD Market Performance Declines Following Earlier Growth Phase Major exchange introduces $800,000 XRP incentive program targeting RLUSD holders Weekly XRP distributions available for users maintaining RLUSD balances and trading volume Four-week promotional initiative rewards RLUSD activity across multiple platform services Qualifying participants receive XRP tokens through weekly Friday distributions Exchange deploys significant reward pool to drive RLUSD stablecoin engagement The leading cryptocurrency exchange has rolled out a substantial XRP token distribution initiative worth $800,000 targeting qualified RLUSD holders using specific platform features. Running between July 17 and August 14, this promotional program allocates XRP rewards on a weekly basis every Friday. The exchange designed this campaign to stimulate RLUSD engagement while broadening user involvement across its Earn products, Margin trading, and Futures markets.
Qualification Criteria Established for RLUSD Participants Binance restricted eligibility to account holders maintaining RLUSD positions within approved Earn products, Margin accounts, or USDⓈ-M Futures portfolios. Participants need to preserve a minimum 0.01 RLUSD balance alongside achieving an average daily Margin or Futures transaction volume reaching $500. Trading activity across any available pair qualifies when RLUSD functions as account collateral.
The reward distribution mechanism evaluates each participant’s qualifying RLUSD holdings across every weekly period. The platform tracks the minimum hourly balance registered daily to establish each day’s qualifying amount. Weekly reward calculations then utilize a seven-day average balance combined with the current effective annual percentage rate.
All distributed rewards flow directly into eligible participants’ Spot wallets linked to their primary accounts. The exchange completes these transfers by 18:00 UTC each Friday throughout the campaign duration. Participants can monitor their received payments through the platform’s transaction history interface.
Borrowed RLUSD Positions Face Modified Calculations The exchange applies distinct calculation methods for RLUSD positions created by borrowing alternative stablecoins within Margin portfolios. Borrowed RLUSD amounts receive a 60% reduction after subtracting existing debt obligations. This methodology encompasses borrowing transactions involving USDT, USDC, U, USD1 and FDUSD.
Reward calculations distinguish between native RLUSD holdings and leveraged positions derived from borrowed stablecoin conversions. Participants holding exclusively borrowed RLUSD without baseline qualifying balances may become ineligible for distributions. However, users maintaining personal RLUSD combined with converted borrowed holdings remain eligible under modified calculations.
Binance verified that broker-linked accounts maintain reward eligibility without individual distribution caps. Nevertheless, the program excludes participants from certain jurisdictions due to applicable regulatory frameworks. Qualification ultimately depends on both account engagement patterns and geographic compliance standards.
RLUSD Market Performance Declines Following Earlier Growth Phase This reward program launches amid reduced RLUSD market momentum after experiencing robust expansion earlier this year. Ripple’s USD-pegged stablecoin maintained approximately $1.51 billion in market capitalization at press time following a decline exceeding 10% across recent weeks. Daily transaction volume similarly decreased by around 6% throughout this timeframe.
During June, RLUSD achieved market capitalization surpassing $1.81 billion while facilitating continuous settlement operations on the XRP Ledger through Mastercard integration. Market enthusiasm subsequently diminished following postponements affecting United States cryptocurrency regulatory proposals. Reduced optimism regarding the CLARITY Act further dampened overall market sentiment.
The exchange initiated this campaign as RLUSD progressively strengthens its position across trading operations and collateral applications. These weekly XRP allocations provide additional motivation for users sustaining qualifying RLUSD positions during the promotional timeframe. The program effectively merges stablecoin utilization with systematic digital asset incentives while adhering to established participation criteria.
Oliver Dale
Editor-in-Chief of Blockonomi and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all. His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More. Contact [email protected]
An analyst tracking XRP says the token could eventually push past $9, though he’s careful to frame that as a long-term possibility rather than a near-term prediction, pointing instead to a growing list of fundamental developments that he argues have yet to be reflected in price.
Price Action Right Now
XRP is trading just under $1.10, attempting a relief bounce off a June 6 low. The analyst is watching for a daily close above $1.16, and eventually $1.24, as signs the bounce has real strength behind it.
He was clear that he isn’t expecting a rapid move to $2, describing the current setup as similar to previous short-lived relief rallies rather than a confirmed reversal.
The Main Argument: Price Lags News
The analyst’s central point is that positive fundamental developments tend to build for extended periods before price catches up, using 2022 to 2024 as a reference point when XRP saw a run of over 1,000% following a long stretch where fundamentals were improving while price stayed flat.
Recent Data Points Cited
Several data points were raised as evidence of ongoing adoption:
Forbes ranked XRP fourth among cryptocurrencies, placing it above Solana, Cardano, Chainlink, Dogecoin, Avalanche, and Hyperliquid, with only Bitcoin, Ethereum, and BNB ranked higher. Forbes attributed the ranking to XRP’s use in real-world payments, global finance, and institutional adoption rather than speculative trading alone.More than $1.3 billion has flowed into XRP ETFs since launch, according to figures cited in the video.BlackRock, Goldman Sachs, JPMorgan, and Morgan Stanley are among 54 firms, including Coinbase, Ripple, and Circle, that have joined a UK government tokenization task force focused on live use cases starting with tokenized repo transactions.XRP Ledger’s tokenized asset value has grown from roughly $150 million to more than $4 billion over the past year, with more than 500 tokenized products now live on the network.The XRP Ledger led all major blockchains in real-world asset inflows over the past 90 days, at $1.9 billion, ahead of Ethereum, Stellar, BNB Chain, and Solana over that same window.Stablecoin market cap on the XRP Ledger rose more than 13% over the past 30 days to roughly $1.02 billion.The Bigger Picture, According to the Analyst
He pointed to the total crypto market cap, currently around $2.21 trillion, as evidence of how far the industry has grown since 2020, when the market cap fell below $500 billion and sentiment was broadly negative. The argument is that adoption metrics, rather than short-term price action, are what typically signal where a market is heading over a longer time horizon.
Story Ends Here
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Ripple (XRP) holds above support reclaimed at $1.10 at the time of writing on Wednesday, extending its rally after the US Producer Price Index (PPI) data for June showed that price pressures in the world’s largest economy are cooling. The report reinforced the trend seen in Tuesday’s Consumer Price Index (CPI) figures, fueling optimism across crypto markets.
Softer US PPI, CPI boost short-term outlookThe Bureau of Labor Statistics (BLS) CPI reported that inflation fell by 0.4% in June on a seasonally-adjusted basis, marking the sharpest monthly decrease since April 2020.
This pullback brought the annual headline inflation rate down to 3.5% from 4.2% in May. Core inflation, which excludes the more volatile food and energy prices, remained flat MoM, while the annual rate fell to 2.6% from 2.9% in May.
On Wednesday, additional US data showed that the Producer Price Index (PPI), a key gauge of future inflation pressures, rose at a lower pace than expected, easing market concerns over a persistent inflation wave and supporting risk assets.
Market sentiment improved slightly, with investors currently pricing in an 90% probability that the Federal Reserve (US) will leave interest rates unchanged in the 3.50%-3.75% range at its next review cycle on July 29.
FedWatch tool | Source: CME GroupAppetite for crypto assets increased only marginally as reflected in the Fear & Greed Index. The index is embedded in the Extreme Fear territory at 25 on Wednesday, up from 22 the day before. If risk-on sentiment steadily increases, demand for risk assets, including XRP, would grow, intensifying the tailwind and supporting recovery in the short to medium term.
Crypto Fear & Greed Index | Source: AlternativeXRP absorbs supply as Binance reserves stabilizeThe number of tokens held in Binance wallets has remained relatively stable in July, averaging 2.61 billion XRP, valued at $2.9 billion on Wednesday. According to CryptoQuant data, the reserve’s stability indicates no major surge in immediate sell-side pressure.
If the price rises while exchange reserves fall or stay relatively flat, it often supports the notion that the market is absorbing supply. Hence, an increase in demand could boost XRP’s bullish outlook, paving the way for an extended rebound above $1.10.
XRP Binance Exchange Reserves | Source: Crypto QuantPrice analysis: XRP range-bound despite mild increaseXRP trades above $1.10, retaining a bearish near-term bias as it remains below the 50-day, 100-day and 200-day Moving Average Exponentials (EMAs), which fan out as layered resistance at $1.16, $1.26 and $1.46 respectively.
The Moving Average Convergence Divergence (MACD) indicator edges in positive territory on the daily chart and the Relative Strength Index (RSI) hovers near 49, suggesting only modest, indecisive momentum within a broader capped structure defined by the prevailing downward resistance trendline.
XRP/USDT daily chartInitial resistance lies at the 50-day EMA around $1.16, with the 100-day EMA at $1.26 and the 200-day EMA near $1.46 reinforcing a wider bearish ceiling aligned with the descending trendline resistance overhead. Looking down, the first notable support emerges at the Parabolic SAR level near $1.04, and a clear break beneath this area would reopen scope for a deeper slide. Still, a recovery above the clustered moving average barriers would be needed to weaken the broader bearish bias.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
Bitcoin, altcoins, stablecoins FAQs Bitcoin is the largest cryptocurrency by market capitalization, a virtual currency designed to serve as money. This form of payment cannot be controlled by any one person, group, or entity, which eliminates the need for third-party participation during financial transactions.
Altcoins are any cryptocurrency apart from Bitcoin, but some also regard Ethereum as a non-altcoin because it is from these two cryptocurrencies that forking happens. If this is true, then Litecoin is the first altcoin, forked from the Bitcoin protocol and, therefore, an “improved” version of it.
Stablecoins are cryptocurrencies designed to have a stable price, with their value backed by a reserve of the asset it represents. To achieve this, the value of any one stablecoin is pegged to a commodity or financial instrument, such as the US Dollar (USD), with its supply regulated by an algorithm or demand. The main goal of stablecoins is to provide an on/off-ramp for investors willing to trade and invest in cryptocurrencies. Stablecoins also allow investors to store value since cryptocurrencies, in general, are subject to volatility.
Bitcoin dominance is the ratio of Bitcoin's market capitalization to the total market capitalization of all cryptocurrencies combined. It provides a clear picture of Bitcoin’s interest among investors. A high BTC dominance typically happens before and during a bull run, in which investors resort to investing in relatively stable and high market capitalization cryptocurrency like Bitcoin. A drop in BTC dominance usually means that investors are moving their capital and/or profits to altcoins in a quest for higher returns, which usually triggers an explosion of altcoin rallies.
Senator Cynthia Lummis announced on national television that new legislation offering clear federal guidelines for digital assets is set for introduction within days, signaling a pivotal development for both the cryptocurrency industry and holders of $XRP.
Main provisions of the CLARITY ActThe bill, known as the CLARITY Act, will establish a comprehensive regulatory framework for digital assets in the United States. It lays out clear lines of authority between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), mandates conduct and disclosure standards for digital asset intermediaries, and brings anti-fraud and anti-money-laundering rules into the growing crypto sector.
Consumer protection and law enforcement interests delayed the bill’s progress through the Senate. Senator Lummis stated that after ten months of daily negotiations, lawmakers have resolved the key sticking points. She emphasized the importance of satisfying both consumer protection and anti-illicit finance requirements:
Senator Lummis said that the bill now addresses law enforcement expectations for preventing illicit finance, while protecting consumers remains central to its mission. She stated, “We want to meet the needs of law enforcement with regard to preventing illicit finance and provide consumer protections. We think we’ve accomplished that goal with this bill.”
Prospects for passage and timelineIn May 2026, the Senate Banking Committee voted 15-9 to advance the act, with bipartisan support as two Democrats joined all Republicans on the committee. Since then, the bill has remained on the Senate legislative calendar, waiting for a 60-vote threshold to clear procedural hurdles. According to Senator Lummis, these obstacles have now been addressed.
The Senate will meet for four consecutive weeks leading up to the August recess, which Senator Lummis identified as the target window for legislative action. She indicated plans for a floor vote as early as the week of July 20, but noted the final decision lies with Senate Majority Leader John Thune, who she said is “well aware of the importance this bill provides for market stability for digital assets.”
Committee VoteSenate Votes RequiredExpected Floor VoteTarget Passage Window15-9 (May 2026)60Week of July 20Before August recessXRP’s unique position in the billXRP stands to benefit uniquely from the CLARITY Act compared to most digital assets. While the SEC and CFTC issued a joint interpretive release in March 2026 declaring XRP, along with Bitcoin, Ether, and Solana, as a digital commodity, that status remains subject to change by a future administration.
By codifying commodity status for XRP directly into federal law, the CLARITY Act would provide needed legal certainty for institutions using the Ripple payment infrastructure. Large financial entities would be able to settle transactions in XRP with confidence, removing significant legal uncertainties that have limited institutional adoption.
Senator Lummis, who has represented Wyoming in the U.S. Senate and is known for her long-standing support of blockchain legislation, spent nearly a year addressing disputes among lawmakers. She said the bill is now ready for consideration, describing the process as arduous but concluding, “We’re ready for prime time.”
Mini dictionary: Senate Banking Committee, a powerful legislative body overseeing financial institutions, securities, and banking regulations in the United States. Committee recommendations carry significant weight in shaping financial law.
XRP’s legal status as a commodity is not yet permanent. The CLARITY Act aims to formalize that status, addressing the largest hurdle for institutions seeking to use Ripple’s ecosystem directly in the U.S. market.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
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Binance’s XRP reserve just hit its lowest level since February as its price prediction turns slightly bullish. XRP price is hovering near $1.11 after gaining about 4% over the past 24 hours. That bounce ended several sluggish sessions, but the next move still needs proof.
According to CryptoQuant contributor Arab Chain, Binance’s XRP holdings have dropped to roughly 2.61 billion tokens, the lowest level in six months. Even better for bulls, meaningful inflows have yet to refill those reserves since early July. Coins leaving exchanges often hint at accumulation, although the market does not always reward patience immediately.
That said, XRP slipped toward $1.06 while reserves kept shrinking. In other words, weak sentiment and thin liquidity outweighed the bullish on-chain signal. Now that buyers have returned, those reserve trends may finally matter. Markets love showing up late to the party, but they usually bring plenty of noise.
Meanwhile, the Binance CVD Confirmation Score remains at negative 6.93 million, showing sellers have controlled order flow since XRP traded above $2.00 earlier this year. For now, Binance reserve data remains a closely watched signal as traders look for the next decisive move.
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XRP Price Prediction: Break $1.15 and Reverse The Slide?Technically, the $1.06 to $1.07 zone has continued to attract buyers, helping absorb the latest pullback. Immediate resistance remains between $1.12 and $1.15, where previous rallies have repeatedly stalled. That makes this area the first real test if buyers want to keep control.
The Binance CVD Confirmation Score remains at negative 6.93 million, showing sellers have dominated order flow since XRP traded above $2.00 earlier this year. A convincing break above $1.15 needs more than a single green candle. It also needs sustained buying pressure to shift the market’s balance.
If buyers defend current support and reclaim $1.15, momentum could extend toward the $1.30 to $1.40 region. Otherwise, XRP may continue moving between $1.07 and $1.12 while traders wait for the next catalyst. A daily close below $1.06 would weaken the setup and could expose the $0.95 to $1.00 area.
Despite the recent recovery, XRP still trades about 70% below its all-time high near $3.65. That leaves plenty of room for upside, but patience remains part of the game.
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XRP’s share of the overall cryptocurrency market is forming a notable technical pattern, according to crypto market analyst MikybullCrypto. The analyst highlighted that XRP dominance, currently at 3.124%, has entered a phase of tight consolidation following a significant breakout.
Technical pattern raises expectationsOn social media, MikybullCrypto posted a monthly chart showing XRP dominance trading within an increasingly narrow range. The analyst emphasized that, “What is coming for XRP will be massive,” and expressed confidence in the ongoing pattern formation.
The chart shows XRP dominance consolidating after a sharp advance, with candles becoming smaller as the range tightens. MikybullCrypto stated appreciation for the pattern’s technical strength.
XRP, known as the native token powering Ripple‘s payment protocol, is commonly tracked by analysts not only by its price but also its share of the entire crypto market capitalization. XRP dominance refers to this measure, which offers insights into the asset’s strength relative to peers.
Mini dictionary: XRP dominance, a metric showing XRP’s percentage share of the total cryptocurrency market capitalization, used to assess its comparative market strength over time.
Long-term resistance gives way to breakoutThe chart highlights that a multi-year descending trendline, which capped XRP dominance throughout prior market cycles, was finally breached by a large bullish move in late 2024. This shift marked a possible transition from years of suppression to renewed upward momentum for XRP dominance.
Since breaking above that resistance, XRP dominance has consolidated rather than retracing below the breakout level, indicating technical stability. The market is now focused on whether this pattern will lead to further gains.
PeriodXRP Dominance TrendKey Technical EventPrior to late 2024Declining within resistanceMulti-year descending trendlineLate 2024Sharp breakoutDominance moves above resistanceCurrentConsolidation in narrow channelTesting new structure for continuationPattern mirrors historic breakoutMikybullCrypto compared the latest price action to a previous episode in 2017, when XRP dominance spent several years moving lower before staging a major breakout. That earlier pattern saw a brief pullback after resistance was broken, leading to a strong advance. The analyst pointed out that the current setup closely resembles this earlier cycle. Extended phases of consolidation have previously resulted in significant rallies for XRP’s relative market share.
Next steps depend on technical breakoutAccording to the chart, the upper boundary of the present descending channel will be a decisive level. A breakout above this zone could complete the consolidation and signal further gains in XRP dominance. Technical analysts are monitoring to see if this move materializes. As long as the dominance measure remains above the critical breakout area achieved in late 2024, the bullish technical outlook persists.
The analysis does not specify an exact target for XRP dominance, but highlights that past consolidation periods of similar duration have often preceded rapid increases in market share.
For traders relying on technical structure, the next significant move above upper resistance will be key in determining the direction of XRP’s dominance in the digital asset landscape.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
XRP Ledger has entered the final two-week activation countdown for its fixCleanup3_2_0 amendment after validator support exceeded the network’s required 80% approval threshold.
Summary
XRP Ledger’s fixCleanup3_2_0 amendment has entered its two-week activation countdown. The upgrade bundles protocol fixes for lending, permissioned domains, and the Permissioned DEX. Activation is scheduled for July 29 if validator support stays above the 80% threshold. According to XRP Ledger governance data, the bundled maintenance amendment currently has 85.71% validator support, with 30 validators voting in favor and five against.
Under the network’s governance rules, an amendment must maintain at least 80% support for two consecutive weeks before it can be activated on the mainnet. If support drops below that level during the countdown, the activation timer resets.
Validator approval has moved the amendment into its final activation stage With the voting threshold now secured, the amendment has entered its activation phase and is currently scheduled to go live on July 29, 2026, at 09:57 UTC, provided validator backing remains above the required level throughout the waiting period.
XRPL validator Vet shared the update on X, noting that fixCleanup3_2_0 is now in its two-week activation window. Vet also said node operators will need to update their software before the amendment becomes active to ensure compatibility with the protocol changes.
Important bundled fix amendment is in 2-weeks activation on the XRP Ledger with 29 Yes votes.
Improving on Permissioned Domains, Permissioned DEX, MPTs, Single Asset Vaults, Lending Protocol and more.
Please update your XRPL nodes ❤️
Thanks to everyone contributing to make the… pic.twitter.com/OkpSKrMXnZ
— Vet (@Vet_X0) July 15, 2026 Unlike feature-focused upgrades, fixCleanup3_2_0 combines several maintenance fixes into a single amendment. The package addresses precision and rounding issues affecting Single Asset Vaults and the Lending Protocol while also correcting behavior in Permissioned Domains and the Permissioned DEX introduced alongside XRPL v3.2.0.
Additional protocol changes validate non-canonical Multi-Purpose Token (MPT) amounts, introduce zero DomainID verification for permissioned domains, and correct an invariant governing valid Permissioned DEX offer deletions. The amendment also adds another ledger invariant designed to prevent account deletions from leaving directly accessible artifacts behind.
By grouping multiple maintenance updates into one amendment, the XRP Ledger governance process requires validators to approve a single package instead of voting on several independent protocol changes.
Recent ecosystem growth has expanded activity around the network The maintenance vote comes as development activity on XRP Ledger continues to expand beyond core protocol updates. Earlier, the network surpassed 1 million AI-powered payments processed through the x402 protocol, highlighting increasing use of AI-enabled payment applications.
Ripple-backed t54.ai recently launched the XRPL AI Hub, a platform that brings together AI projects, autonomous agents, developer tools, payment services, and technical documentation in one place.
According to t54.ai, the hub was introduced with support from Ripple developers and the XRP Ledger Foundation to help developers discover and build AI applications on the XRP Ledger.
Although the AI Hub launch is separate from the fixCleanup3_2_0 amendment, both developments arrive as the network continues improving infrastructure for decentralized finance, tokenization, permissioned trading, and AI-powered payment services.
If validator support remains above the required threshold until the end of the activation window, fixCleanup3_2_0 will become the latest protocol update added to the XRP Ledger without requiring another round of governance voting.
A screenshot has fueled speculation that the Depository Trust & Clearing Corporation (DTCC) has actually classified or listed XRP on its platform.
However, researcher and XRPL validator Vet has made it clear that the viral claim is based on an AI-generated search response (not an official DTCC policy or documentation).
The confusion stems from a search performed on the DTCC Learning Center website. Searching for "XRP" returns an AI-generated summary titled "XRP Haircut and Classification," which states that XRP is "classified as a cryptocurrency" and describes hypothetical margin haircuts based on trading conditions.
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However, the cited source does not actually mention XRP. "It does not mention XRP in that source, so the DTCC site, when you search in that category for XRP, it tries to map via AI," Vet added.
The generated response includes a disclaimer stating that "Generated content may contain errors. Verify important information."
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Vet attributed the behavior to the enterprise search software used by the DTCC website. "You know why the AI triggers to map it for XRP? Because they use an answer machine that is based on relevant searches," he said.
According to his explanation, people in the XRP community all searched massively for XRP in the past weeks and days, prompting the AI to come up with an answer as many people searched for it.
The software generates AI responses when users repeatedly search for the same topic. "The more you search for something like XRP, the more it gets triggered to generate an answer with AI to not leave people hanging," Vet said.
The shared screenshots show HTML elements referencing Coveo Generated Answer. This confirms DTCC's Coveo's AI-powered enterprise search technology is used for generating responses.
DTCC's real digital asset pushThe confusion comes after the market infrastructure giant announced it had successfully processed live production trades using DTC-tokenized securities earlier this Wednesday.
More than 30 financial institutions and digital asset companies, including BlackRock, Goldman Sachs, J.P. Morgan, Nasdaq, Chainlink, Circle, Microsoft and the New York Stock Exchange, but Ripple is missing from the list.
Cryptocurrency trader Dark Defender has drawn renewed focus from the XRP community with a recent technical analysis shared on social media, highlighting a bullish breakout and a new Elliott Wave projection for the digital asset. The analyst’s 4-hour chart presents a scenario in which XRP could be entering a strong upward phase, with several key price levels mapped out using Fibonacci extensions.
Elliott Wave signals next upward phaseDark Defender, known for his detailed market analyses, released a chart that identifies an earlier five-wave impulse for XRP, followed by a classic ABC corrective structure. With the correction apparently completed, the analyst suggests that XRP has now started a fresh upward sequence aligned with typical Elliott Wave theory.
A blue path on the chart extends from current prices, projecting a significant move toward an anticipated Grand Wave 3 within this wave count. This projection comes after XRP rebounded from support near $1.05, recovering from the market-wide drop that took place in early June.
XRP began a bullish break on the 4-hour chart, and the path toward the Grand Wave 3 now appears open, according to Dark Defender, who commented, “We are on our way to the Grand Wave 3, baby.”
Fibonacci levels highlight targets and supportKey Fibonacci extension levels identified in the chart suggest several major price zones for XRP as buyers seek to sustain recent momentum. The analyst has mapped $1.1090 as the first target, corresponding to the 161.8% extension from the last swing low. Above this level, $1.1305 stands out as the 200% extension.
Further resistance is expected at $1.1663, aligning with the 261.8% extension, while the most ambitious target sits at $1.2265, matching the 361.8% extension. On the downside, critical support levels are marked at $1.0671, $1.0483, and $1.0344, should the price revisit lower areas.
Fibonacci LevelPrice Target161.8%$1.1090200%$1.1305261.8%$1.1663361.8%$1.2265Technical indicators support bullish outlookAccording to the analysis, XRP recently broke above the Ichimoku Cloud on the 4-hour chart, a move often associated with a shift toward bullish momentum. The price is also retesting a long-established resistance trendline, which has acted as a ceiling since June. A confirmed breakout above this trendline could reinforce the upward scenario charted in the Elliott Wave model.
The Relative Strength Index (RSI) adds further weight to the bullish case. Following a drop to oversold conditions in its recent range, the RSI has since recovered and sits above its moving average, signaling renewed upward momentum. This technical shift is marked on the chart by a noticeable green circle around the current price region.
If XRP maintains support above these nearby levels, the analyst maintains a positive outlook, with price action focusing on the major Fibonacci targets that correspond to the projected Grand Wave 3 pattern.
Mini dictionary: Elliott Wave theory — A technical analysis concept describing price cycles in financial markets, based on crowd psychology patterns that form predictable wave structures.
Recent momentum in both price and indicators positions XRP for a potential extended rally, with the Grand Wave 3 trajectory now in focus as long as key support levels hold.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
XRP has reached a notable step toward broader adoption in traditional finance after the Depository Trust & Clearing Corporation (DTCC) categorized it as a cryptocurrency within its Learning Center, drawing renewed institutional interest. DTCC, a critical clearinghouse that processes trillions of dollars in U.S. securities trades daily, discussed XRP’s potential role in collateral and clearing arrangements, increasing the asset’s profile in regulated financial circles.
XRP gains visibility in DTCC guidanceOn-chain analytics provider Archie observed that XRP now appears in DTCC’s educational materials, explaining specifically how it may be considered for collateral management and clearing procedures. While the Learning Center is an informational resource and not a regulatory mandate, XRP’s listing signals that DTCC clients and partners are actively reviewing how cryptocurrencies might be handled in real-world finance operations.
The inclusion is considered significant given DTCC’s central position within the U.S. securities infrastructure, influencing the processes by which institutions manage risk, optimize collateral, and meet regulatory requirements.
DTCC presents XRP alongside its guidance for cryptocurrencies, outlining scenarios in which the digital asset could be designated as collateral and specifying how market volatility may affect its eligibility and capital efficiency in institutional settings.
The development comes as more major financial bodies assess digital assets for integration into existing settlement and risk frameworks, a trend that could help bridge the gap between traditional and crypto markets.
Haircut methodology brings new standardsAs part of its updates, DTCC outlined haircut rules for cryptocurrencies, including XRP. Haircuts refer to the percentage by which the value of an asset is reduced when calculating its collateral value, typically as a buffer against volatility and risk.
Chad Steingraber, a market analyst, noted that DTCC’s educational framework proposes higher haircuts for XRP valued at $5 or below. If XRP’s price exceeds this threshold, it may be subject to a standard 35% haircut or a charge calculated using the Value-at-Risk (VaR) method, with final levels set according to market liquidity and other risk factors. The $5 mark is not presented as a target but rather as a notional reference point for illustrating the rules within the learning resource.
A higher haircut reduces the amount of capital an institution can borrow using the asset as collateral, while a lower haircut increases its capital efficiency and attractiveness for financial operations.
ScenarioXRP Price ($)Haircut AppliedBelow Benchmark$5 or lessHigher haircut (exact figure not specified)Above BenchmarkOver $535% haircut or VaR chargeSteingraber believes that inclusion in DTCC’s guidelines enhances XRP’s credibility as an asset considered for sophisticated institutional operations.
Mini dictionary: Depository Trust & Clearing Corporation (DTCC) is a major financial services company in the United States, responsible for clearing and settling almost all securities transactions in the country’s financial markets.
Institutional integration and future prospectsDTCC’s mention of XRP follows its broader move toward utilizing blockchain and digital asset solutions in live financial infrastructure. The corporation recently shifted from pilot blockchain projects to deploying tokenization infrastructure, enabling regulated digital assets and collateral to move seamlessly across its network.
Ripple, through its platform Ripple Prime, is already working with DTCC’s digital asset ecosystem, offering institutional-grade custody and trading services that support the integration of cryptocurrencies like XRP into major clearing and settlement workflows.
This collaboration brings the potential for digital assets to attain broader acceptance as credible collateral in mainstream finance, expanding their use beyond speculative trading to functions such as capital optimization and liquidity management.
These developments highlight how the evolving treatment of assets like $XRP in clearinghouse policies and integration initiatives can accelerate their adoption across institutional markets and shape the infrastructure governing digital finance’s next era.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Crypto Michael, a cryptocurrency analyst known for his technical chart analysis, has reiterated his optimistic view on XRP, stating that the digital asset is on the verge of a significant price breakout. Revisiting a previously shared chart from July 1, he confirmed that his earlier perspective remains unchanged as XRP’s technical setup continues to build momentum.
Accumulation at Key LevelsOn July 1, Crypto Michael signaled his accumulation of XRP at around $1.06, emphasizing a major support level as a potential launchpad for upward movement. His analysis centered on XRP’s positioning within a large falling wedge pattern, a formation known for preceding strong price moves once a breakout occurs.
The analyst identified several months of compressed action, with XRP recording lower highs while respecting a durable support area. Throughout this period, he maintained a strategy of steady accumulation in anticipation of a bullish shift.
XRP will break out in the coming days. The prophecy will be fulfilled. Doubt me and face liquidation.
Falling Wedge Pattern Nearing a BreakoutCrypto Michael’s chart highlights a falling wedge formation, featuring converging upper and lower trendlines as the price moved closer to the wedge’s apex. This technical structure typically generates attention among traders due to its tendency to precede a decisive move when price reaches its endpoint.
He predicted that a breakout would likely take place in July, maintaining that current market conditions have not invalidated his outlook. Linking back to his original analysis, he stated that he continues to build his position and expects the market structure to resolve soon.
Mini dictionary: Falling wedge — A chart pattern often considered bullish, characterized by converging downward-sloping trendlines, which can signal a potential upward price reversal if the upper boundary is breached.
Upcoming Resistance as Price TargetAccording to Crypto Michael, the first major resistance for XRP lies between $1.90 and $2.10. This area, formerly a support, was lost following the flash crash in early 2025. His projection points to this zone as a significant upside target if a breakout occurs.
A key aspect of his current chart is a projected rally from present price levels up to this resistance band, depicted by a white arrow upward. The use of a rocket symbol beside the target further underscores his conviction that an explosive move could follow any break above the wedge.
LevelStatusNotes$1.06Accumulation zoneIdentified as entry before breakout$1.90–$2.10Resistance zoneOld support, now key targetMonitoring the Breakout SignalThe most crucial signal remains XRP’s interaction with the descending upper trendline of the wedge pattern. A close above this line would confirm the reversal suggested in his earlier analysis.
Crypto Michael’s recent statements indicate strong belief in his strategy, reaffirming that he expects XRP to break through technical resistance in the near future while maintaining his accumulation approach.
His latest updates reinforce the expectation that XRP is on the verge of a substantial move, with attention fixed on the upper boundary of the wedge for signs of confirmation.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
@BSCNews put two AI models to work on the same question: where does $XRP finish 2026?
@grok offered the wider range, placing XRP between $1.80 and $4.50, with a base case of $2.50 to $3.50. @claudeai's Claude (internally labelled Fable 5) came in more cautious, calling $1.50 to $1.90 the most defensible corridor and flagging that any move above $2.50 requires multiple catalysts falling into place at once.
The gap between those forecasts and current prices is stark. $XRP is trading around $1.11, down roughly 42% on the year and about 70% below its July 2025 peak of $3.66.
ETF Traction, But Still a Thin Slice of the Market Spot XRP ETFs have built a meaningful footprint since launching in late 2025. As of July 14, 2026, seven XRP spot ETFs are trading in the United States with combined AUM of approximately $1 billion. That figure looks less impressive when set against Bitcoin: the original copy notes XRP ETF assets represent roughly 1.2% of XRP market cap, compared with 6.4% for Bitcoin's spot ETF complex.
According to Bloomberg Intelligence, retail investors account for roughly 84% of cumulative XRP ETF flows so far. Retail demand can support momentum, but it rarely breaks major resistance levels without stronger institutional buying.
Everything Hinges on the CLARITY Act Both AI models leaned on the CLARITY Act as the swing factor. The original copy put Polymarket odds at 38%, and more recent data suggests the market has grown even more skeptical. As of July 13, Polymarket priced the odds of the bill becoming law this year near 24%, down from above 70% earlier in 2026.
The Senate Banking Committee approved the bill 15-9 in May, with two Democrats joining Republicans, but the measure still needs 60 votes on the floor. The 60-vote Senate threshold and Democratic vote math remain the hardest obstacles.
The key factor remains whether the CLARITY Act clears the full Senate. If it passes, institutional investors would finally have both the regulatory clarity and the ETF infrastructure needed to scale, potentially pushing XRP above $1.50 and toward the $3 to $5 range that some analysts expect by year-end.
With Polymarket odds sliding and the Senate clock ticking ahead of the August recess, the catalysts both AIs flagged as necessary for a breakout are looking harder to stack by the week.
Sources:
Yahoo Finance: XRP ETF Inflows Just Hit a 2026 High
Yellow.com: Polymarket Now Sees Only a 24% Chance the CLARITY Act Becomes Law
XRP Insights: Live XRP ETF AUM and Flow Tracker
Japan is taking steps to establish itself as a global hub for institutional XRP finance with a new partnership between Doppler Finance and SBI Digital Finance, announced on July 13, 2026. This collaboration is designed to boost institutional liquidity, lending, collateral management, and tokenized capital markets, all built around the digital asset XRP.
Strategic move for institutional XRP adoptionDoppler Finance is known for providing infrastructure to power tokenized capital markets. The company specializes in solutions that help institutions use digital assets more productively. SBI Digital Finance operates HashHub Lending, one of the main crypto asset lending services in Japan. The firm is part of SBI Group, Japan’s leading financial conglomerate heavily involved in cryptocurrency services.
SBI Group co-founded SBI Ripple Asia with Ripple in 2016. This joint venture has played a major role in building out an extensive ecosystem for XRP-focused financial products and services in Japan. The latest partnership with Doppler Finance further expands this foundation, targeting direct institutional use cases.
Mini dictionary: SBI Group, a major Japanese financial services company, has played a significant role in promoting digital asset adoption in Japan through ventures in banking, asset management, securities, and cryptocurrency.
Focus on compliance and expanded infrastructureThe partnership aims to create institutional solutions centered on XRP and tokenized assets for the Japanese market. Regulatory compliance will be a core part of this approach, ensuring that new digital assets infrastructure meets the country’s strict standards.
As part of the announcement, Rox, Head of Institutions at Doppler Finance, stated that Doppler was “built to transform digital assets from passive holdings into productive financial capital.” He also highlighted that collaborating with SBI Digital Finance gives Doppler access to one of the world’s most prominent institutional digital asset markets.
Doppler Finance’s leadership emphasized that working with SBI Digital Finance provides an opportunity to unlock new levels of capital efficiency for institutional clients by leveraging Japan’s advanced regulatory environment and robust market demand.
Japan’s growing role in digital assetsJapan is recognized for having some of the world’s clearest and most established digital asset regulations. The country hosts one of the largest XRP communities worldwide and has increasingly advanced digital asset adoption across its financial system.
Institutional participation in Japanese crypto markets is well developed, and the new partnership is set to offer improved infrastructure for compliant, capital-efficient XRP solutions tailored to institutional needs.
Implications for the future of XRP in institutional financeXRP, created by Ripple as a fast, low-cost settlement asset, is now positioned to serve much broader institutional functions. The deal between Doppler Finance and SBI Digital Finance will make lending, collateral management, and capital efficiency tools available for institutions looking to integrate XRP on their balance sheets.
Over recent years, SBI Group has consistently strengthened its involvement with XRP, extending from cross-border payments through SBI Ripple Asia to exchange services provided by SBI VC Trade. The latest move into institutional lending infrastructure with Doppler Finance marks a significant continuation of this trend.
Institutional demand for digital assets is shifting toward platforms and infrastructure that enable active capital deployment rather than simple custody. While Japan is the launch market, the infrastructure developed here could eventually serve as a model for institutional XRP finance globally.
InstitutionArea of FocusRole in XRP EcosystemSBI GroupBanking, crypto servicesCo-founded SBI Ripple Asia, exchange, lendingDoppler FinanceTokenized capital marketsInfrastructure and lending solutionsDisclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
A viral screenshot has sparked rumors suggesting that the Depository Trust & Clearing Corporation (DTCC) has classified or listed the cryptocurrency XRP on its official platform. DTCC, a New York-based post-trade financial services company, is one of the largest clearing and settlement institutions in global markets.
Screenshot origins and viral claimsThe speculation began after users circulated a screenshot from the DTCC Learning Center website. This image showed a search result titled “XRP Haircut and Classification,” which described XRP as a cryptocurrency and referenced hypothetical margin adjustments depending on trading conditions.
Despite the convincing appearance of the result, XRPL validator and researcher Vet clarified that the viral claim relies solely on an AI-generated search response rather than any official DTCC listing or documentation. Vet explained that the actual DTCC source cited in the screenshot makes no mention of XRP.
Vet emphasized that the DTCC site does not reference XRP in the cited materials. The AI-driven tool serving the search results attempts to map answers based on the popularity and relevance of searched keywords.
How Coveo AI search fueled confusionAccording to Vet, the confusion arises from the behavior of the Coveo-powered enterprise search software integrated into the DTCC website. When users search for specific terms like XRP repeatedly, the AI is programmed to generate contextual answers even when no official material exists on the subject.
Vet noted that a surge in XRP-related searches by the online community in recent weeks led the AI to automatically curate an answer to address the apparent demand. This mechanism can produce search result snippets that appear official, despite being AI-generated and not based on DTCC documentation.
Mini dictionary: Coveo is an AI-powered enterprise search platform that delivers intelligent, context-aware search results for corporate websites, aiming to enhance user experience by aggregating information from multiple sources.
Screenshots shared within the XRP community display elements labeled “Coveo Generated Answer,” confirming the software’s role in generating such AI-based content.
Corporate context and recent DTCC developmentsThe situation unfolded shortly after DTCC announced it had completed live production trades using tokenized securities this week. This development attracted attention within the broader digital asset industry, as tokenized securities can allow traditional financial assets to be issued and transferred on blockchain infrastructure.
DTCC’s pilot included participation from over 30 companies, spanning major financial institutions and technology providers, such as BlackRock, Goldman Sachs, J.P. Morgan, Nasdaq, Chainlink, Circle, Microsoft, and the New York Stock Exchange. However, Ripple, the company closely associated with XRP and distributed ledger payments technology, was not among the listed participants.
Although the AI feature fueled hopes for an official DTCC listing, no documentation or participant list currently supports XRP’s inclusion or classification on the DTCC platform.
FeatureOfficial DTCC DocumentationAI-Generated Search AnswerXRP MentionedNoYesSource VerificationDocumentedAI-generated, not officialCredibilityHighUnverifiedUser ImpactLowHigh confusionIndustry observers have advised caution, stressing the importance of distinguishing between results generated by AI-powered search tools and official corporate announcements or listings.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Bitcoin crossed $65,000 on Wednesday, with the Crypto Fear & Greed Index improving to 35 as prices rebounded.
Notable Statistics:
Coinglass data shows 79,273 traders were liquidated in the past 24 hours for $323.30 million. SoSoValue data shows net inflows of $181.08 million from spot Bitcoin ETFs on Tuesday. Spot Ethereum ETFs saw net inflows of $58.3 million. In the past 24 hours, top gainers include Pump.fun, Virtuals Protocol and ether.fi. Notable Developments:
Trader Notes:
Trader Jelle noted that Bitcoin briefly swept below recent lows in a deviation move but has since reclaimed key levels. The analyst says holding above $63,000 could pave the way for a recovery, potentially retracing part of the sharp decline seen earlier this year. He maintains a long-term strategy of dollar-cost averaging (DCA) throughout the summer.
Crypto analyst Benjamin Cowen explained Bitcoin continues to trade between the Bear Market Resistance Band and the 200W SMA, with neither side gaining a decisive advantage.
The analyst expects this range-bound price action to continue for another one to two months, until a sustained breakout or breakdown occurs.
Daan Crypto Trades says Bitcoin must hold the current green support zone to preserve its bullish momentum and breakout structure. Key liquidity targets lie at $65,600 and, more importantly, $67,200.
A sustained move above $67,200 could trigger a stronger rally toward $70,000+, positioning Bitcoin back in the middle of its broader $60,000–$80,000 trading range.
Image: Shutterstock
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Binance’s XRP reserves have dropped to their lowest level since February, according to CryptoQuant data shared by Arab Chain.
The decline suggests a continued reduction in the amount of XRP held on the world’s largest cryptocurrency exchange.
Notably, Binance’s XRP reserves fell to about 2.61 billion XRP at the start of July. They have since stabilized around that level, as no major inflows have been recorded to replenish the exchange’s reserves.
XRP Price Drops Despite Lower Exchange Supply Amid the decline in reserves, XRP’s price fell to around $1.06 over the same period. This suggests that lower exchange balances alone were not enough to trigger a price recovery.
Essentially, broader market conditions continue to drive XRP’s performance. Liquidity, trading activity, and investor sentiment remain the primary factors influencing the price, even as exchange-held supply declines.
Lower Binance Reserves May Reduce Selling Pressure Binance’s reserves remaining at 2.61 billion XRP mark the lowest level in five months. Lower exchange balances indicate that investors are moving tokens off trading platforms, reducing the amount of XRP readily available for sale.
While the decline in reserves has not yet pushed prices higher, it could help reduce selling pressure over the medium term if demand improves. A tighter exchange supply, combined with stronger buying activity, could create more favorable conditions for XRP.
Notably, Binance held more than 3 billion XRP in reserves a year ago. At the time, XRP was trading above $3.25, near its cycle peak. However, the price later declined by about 72%, reaching $1.04 earlier this month.
During the same period, Binance’s XRP reserves largely mirrored the price movement, declining steadily over the past 12 months as XRP fell. This runs counter to the popular view that declining exchange reserves necessarily indicate accumulation and are inherently a bullish signal.
Meanwhile, given how far the bear market has progressed, the situation could be stabilizing, potentially opening the door for a bullish recovery. At press time, XRP was trading at $1.11, up 4.62% over the past 24 hours. Its weekly performance has also returned to positive territory.
Selling Pressure Still Weighs on XRP In a separate CryptoQuant analysis, Arab Chain highlighted Binance’s Cumulative Volume Delta (CVD) Confirmation Score as evidence of continued selling pressure. The CVD stood at approximately -6.93 million, indicating that sell orders continued to outpace buy orders on the exchange.
Meanwhile, the 30-day Price-CVD Confirmation Score stabilized at around 0.84, suggesting that the relationship between price action and order flow remains intact. However, buying activity is still too weak to support a sustained reversal.
Arab Chain said that while declining exchange reserves can tighten available supply, XRP’s price will continue to depend on stronger demand, improved liquidity, and sustained buying pressure. A positive CVD, along with a stronger Confirmation Score, could signal renewed buying interest and support a broader recovery.
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.
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The appearance of the XRP cryptocurrency logo on the uniforms of the University of Kansas sports teams, the Kansas Jayhawks, has sparked a fierce legal debate on social media.
Amid calls to completely ban the promotion of digital assets among students, Ripple CTO Emeritus David Schwartz explained why any attempt to block such advertising would be impossible under the U.S. Constitution.
The United States has the First Amendment. If you want to restrict or can speech, you need to find some exception it fits into. I don't think there is one here. See the cases I cited including one involving liquor and one involving gambling.
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— David 'JoelKatz' Schwartz (@JoelKatz) July 14, 2026 The dispute was triggered by the announcement of a historic partnership between the university's athletic department and Ripple. For Ripple CEO Brad Garlinghouse, an alumnus of the university, the deal was a personal milestone.
However, online critics reacted harshly to the integration, arguing that cryptocurrency advertising in sports should be banned alongside gambling, tobacco, and alcohol promotions.
How David Schwartz used the First Amendment to defend sports adsSchwartz quickly countered this by pointing out that in the West, governments do not typically ban legal commerce ads on campuses, highlighting a critical legal distinction — if a product is lawful to sell, it is constitutionally lawful to promote.
Rather than engaging in the usual arguments about technology, David Schwartz responded by citing the U.S. Constitution. He noted that the First Amendment protects freedom of commercial speech.
"The government cannot suppress truthful commercial speech merely because it possesses greater powers to regulate things other than speech, nor to prevent the public from making bad, but lawful, decisions," Schwartz emphasized.
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To support his argument, he cited landmark U.S. Supreme Court cases, including 44 Liquormart v. Rhode Island, which concerned restrictions on alcohol advertising, and Greater New Orleans Broadcasting v. United States, which addressed casino advertising.
According to Schwartz's reasoning, if XRP is legal, any attempt to block its advertising without compelling constitutional grounds would amount to direct censorship. As long as XRP is officially recognized as a commodity, any effort to restrict its promotion could be viewed by the courts as a violation of freedom of speech.
Disclaimer: In compliance with MiCA requirements, unauthorized stablecoins are subject to certain restrictions for EEA users. For more information, please click here. This is a general announcement and marketing communication. Products and services referred to here may not be available in your region. Fellow Binancians, From 2026-07-17 00:00 (UTC), Binance will launch an airdrop campaign rewarding all eligible users who hold Ripple USD (RLUSD) on our platform. Eligible users will share rewards from a grand prize pool of $800,000 in XRP. XRP will be distributed as weekly rewards to RLUSD holders every Friday. Campaign Period: 2026-07-17 00:00 (UTC) - 2026-08-14 00:00 (UTC) How to Participate: Eligible users must hold RLUSD in balance (net assets), in any of the following account categories on Binance: EARN Account (RLUSD in Flexible Savings);Margin Account (RLUSD as Collateral in Cross Margin, Isolated Margin, or Portfolio Margin);USDⓈ-M Futures Account (RLUSD as Collateral in USDⓈ-M Futures Accounts). Eligible users will have to maintain at least 0.01 RLUSD in their EARN or Margin or Futures Accounts, and have an average daily trading volume of $500 or more in Margin or Futures on any pairs to qualify for the rewards. Qualifying Trading Volume: $500 in Margin or Futures trading volume can be in any tokens, as long as users are using RLUSD as collaterals. RLUSD acquired through borrowing the other stablecoins will receive a haircut of 60%, after accounting for liabilities in Margin Accounts from other stablecoins, including USDT, USDC, U, USD1, and FDUSD. Campaign Details: Prize Pool: $800,000 in XRP tokens will be distributed over 4 weekly installments. Distribution: Rewards will be airdropped directly to eligible users’ Spot Accounts of their Binance master accounts. Distribution Frequency: Weekly airdrops during the Campaign Period. Reward Distribution: Rewards start accruing from 2026-07-17 00:00 (UTC). Weekly rewards will be distributed by 18:00 (UTC) every Friday in XRP tokens. Distribution records can be found in Distribution history. The Weekly Reward Amount will be roughly calculated as follows: Qualifying Balance of each day = Lowest RLUSD balance captured during those hourly snapshots on each day.Weekly Rewards = (7-day average of the Qualifying Balance * Effective APR on the distribution day * 7) / 365 After each weekly distribution, the effective APR for that period will be updated in this announcement. In determining the effective APR on the distribution day, Binance will take into account a number of factors, including, without limitation: Lowest balance of the snapshots each day;The daily aggregated amount of Qualifying Balances across all eligible holders of RLUSD;7-day average across all eligible holders of RLUSD For RLUSD acquired through borrowing other stablecoins: Eligible balance in Margin Account = RLUSD Balance Before Leverage + Leveraged Amount * (1 - 60%): RLUSD Balance before Leverage = MAX [RLUSD Balance in Margin Account - Margin Account Liabilities of the Other Stablecoins, 0] Leveraged Amount = RLUSD Balance in Margin Account - MAX [RLUSD Balance in Margin Account - Margin Account Liabilities of the Other Stablecoins, 0] Note: ”Other Stablecoins” include USDT, USDC, U, USD1, FDUSD. Case examples: User A holds 10,000 RLUSD as collateral in Margin throughout week 1, trades a total of $7,000 qualifying trading volume in Margin throughout week 1. Effective base APR is 20%, User A's rewards due to be received at the end of week 1 will be as follows:$7,000 / 7 = $1,000 > $500, qualify for rewards. (10,000 * 20% * 7) / 365 = 38.35 USD worth of XRPUser B borrowed 5,000 RLUSD from VIP loan or Margin (“liabilities”). Among this borrowed 5,000 RLUSD, 4,000 RLUSD was used as collateral in Margin, the remaining 1,000 RLUSD was held in their EARN Account in week 1. The effective base APR is 20%, User B’s rewards due to be received at the end of week 1 will be as follows:Qualifying Balance = 0 [(0 * 20% * 7) / 365] = 0 USD worth of XRPUser C traded a total of $7,000 qualifying trading volume in Margin throughout week 1. The user had 1,000 RLUSD in the Margin Account and used it as collateral to borrow 4,000 USDT through Margin (“Liabilities of the other Stablecoins”), then converted this 4,000 USDT to RLUSD. The user now holds 5,000 RLUSD in Margin (“RLUSD Balance”) in week 1. The effective base APR is 20%, User C’s rewards due to be received at the end of week 1 will be as follows:$7,000 / 7 = $1,000 > $500, qualify for rewards. Qualifying Balance = MAX [5,000 - 4,000, 0] + {5,000 - MAX[5,000 - 4,000, 0] } * (1 - 60%) = 1,000 + (5,000 - 1,000) * (1 - 60%) = 2,600(2,600 * 20% * 7) / 365 = 9.97 USD worth of XRP Important Notes: Users may not be eligible for rewards if there are active restrictions on their accounts.Sub-account trading volume and balances are aggregated at the Master Account level for calculation, and rewards are distributed only to the Master Account. For Broker accounts, the rewards will be distributed to virtual sub-accounts. Users’ RLUSD Qualifying Balance will be calculated as net assets (assets minus liabilities). RLUSD as liabilities (e.g., borrowed from VIP loans, Margin loan, etc) will be excluded from the Qualifying Balance for this campaign. Snapshots of user balances and total qualifying balances will be taken at any point of time each hour to get users’ hourly balances in the above mentioned account categories. The lowest RLUSD balance captured during those snapshots on each day will constitute their Qualifying Balance and be used to calculate their rewardsFor example, a user’s lowest RLUSD balance captured on day 1 is zero, then their qualifying balance for that day is zero. At any snapshot time, any one of users’ supported assets must be greater than 0.01 RLUSD to be included in the calculation.Users are recommended to maintain their RLUSD holding throughout the Campaign Period to maximize their rewards. Rewards distributed are rounded down to 2 decimal places. Rewards will be distributed to the Spot Account of Master accounts. Kindly note that the distribution time is not guaranteed and may change from time to time.There is no individual cap on rewards. Users’ rewards depend on their qualifying balance relative to the total qualifying balance of all eligible users and other factors.Stay tuned for weekly reward distributions and updates on the Campaign. Terms and Conditions: Users may not be eligible for rewards if there are active restrictions on their accounts.XRP token value for airdrop distribution will be based on the official Binance market closing price one day before the airdrop distribution day.Snapshots of user balances and total pool balances will be taken multiple times at any point of time each hour to get users’ hourly balances in the abovementioned account categories. The lowest RLUSD balance captured during those snapshots on each day will constitute the user’s Qualifying Balance and be used to calculate their rewards.At any snapshot time, any one of users’ supported assets must be greater than 0.01 RLUSD to be included in the calculation.Broker accounts are eligible for this campaign. Binance reserves the right to periodically update the rules to accommodate changes in legal, regulatory, or other factors.Users must complete account verification (KYC) and also be from an eligible jurisdiction to participate in the campaign. Currently, users residing in the following countries or regions will not be able to participate in the RLUSD campaign (notwithstanding that they may hold RLUSD): Åland Islands (Finland), Austria, Belgium, Bulgaria, Canada, Crimea (Ukraine – disputed territory), Croatia, Cyprus, Czech Republic, Denmark, Democratic People’s Republic of Korea, Donetsk People’s Republic, Estonia, Faroe Islands, Finland, France, French Guiana, Germany, Gibraltar, Greece, Guadeloupe, Guernsey, Hungary, Iceland, Ireland, Isle of Man, Islamic Republic of Iran, Italy, Japan, Latvia, Liechtenstein, Lithuania, Luhansk People’s Republic, Luxembourg, Malta, Martinique, Mayotte, Netherlands, Norway, Poland, Portugal, Republic of Cuba, Réunion, Romania, Russian Federation, Saint Martin (French part), Slovakia, Slovenia, Spain, Sweden, United Kingdom, United States of America and its territories.Please note that the list of excluded countries provided here is not exhaustive and may be subject to changes due to evolving local rules, regulations, or other considerations. This list may be updated periodically to accommodate changes in legal, regulatory, or other factors.Binance reserves the right to disqualify a user’s reward eligibility if the account is involved in any dishonest behavior (e.g., wash trading, illegally bulk account registrations/logins, self dealing, or market manipulation). Binance further reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this Promotion, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all Participants shall be bound by these amendments.Binance reserves the right to suspend any user's Margin borrowing at any time, without prior notice, in its sole discretion, if any abnormal or suspicious activity is detected.There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise. Thank you for your support! Binance Team 2026-07-15 Trade on-the-go with Binance’s crypto trading app (iOS/Android) Find us on TelegramWhatsAppXFacebookInstagramDiscord Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice. Disclaimer: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. The APR is calculated weekly, and is expressed as an annualised percentage yield for illustrative purposes only. Each APR is not indicative of future results. The APR is likely to fluctuate week-to-week and the estimated rewards may differ from the actual rewards generated. APR is an estimate of rewards you will earn in cryptocurrency over the selected timeframe. It does not display the actual or predicted returns/yield in any fiat currency. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use, and our Risk Warning. To learn more about how to protect yourself, visit our Responsible Trading page.
In June 2025, a week before the XRP Ledger’s EVM sidechain went live, the team building it published the arithmetic of what was coming. Polygon had contributed somewhere between $2 billion and $6 billion in total value locked to Ethereum, up to a tenth of the whole.
Summary
The XRPL EVM sidechain promised a $600 million to $12 billion TVL uplift but holds only $25,741 after one year. The chain is technically live, audited, and maintained, but almost no users or capital have arrived. Moai Finance has recorded just $95,008 in cumulative spot volume across the sidechain’s entire existence. XRPL’s institutional mainnet activity grew while permissionless EVM DeFi failed to gain traction. The result suggests EVM compatibility alone does not create demand without users already waiting for cheaper or better execution. If the XRPL EVM sidechain matched that trajectory, the post argued, the uplift to the XRP Ledger would run from $600 million to $12 billion, and it would fundamentally change the demand curve for XRP. Ninety entities were already building. Sixty days of testnet had pulled in developers who had never touched the XRP ecosystem. The technology was ready. The builders were here.The sidechain launched on June 30, 2025. The anniversary passed two weeks ago.
As of July 14, 2026, total value locked on the XRPL EVM sidechain is $25,741, according to DefiLlama. Chain fees over the past 24 hours: zero. Chain revenue: zero. Decentralized exchange volume over 24 hours: zero. Over seven days: also zero. The largest protocol on the chain, a decentralized exchange called XRiSE33 Network, holds $11,909. The second largest, a launchpad named Riddle, holds $8,831. Moai Finance, the only protocol on the chain that has ever recorded meaningful trading, has done $95,008 in cumulative spot volume across its entire existence and currently holds $1,117.
The low end of the projection was $600 million. The delivery is $25,741. That is not a shortfall. It is a rounding error against a rounding error, and it is the most instructive number in the XRP ecosystem right now, because of what else the same ledger accomplished during the same twelve months.
What was actually built The technical work was not the problem, and it is worth stating that clearly before the autopsy.The XRPL EVM sidechain is a Cosmos SDK chain running Ethereum Virtual Machine compatibility, connected to the XRP Ledger mainnet through the Axelar bridge, which links more than eighty networks. XRP is the native gas token. Bridged XRP locks on mainnet and mints a synthetic version on the sidechain, so the design preserves mainnet supply integrity while freeing the asset for smart contract use. Consensus is proof of authority, targeting up to 1,000 transactions per second at fees far below Ethereum’s. Squid handles cross-chain transfers as the official interface. Band Protocol supplies oracles, Grove supplies public RPC endpoints. Wormhole integration was slated to follow, extending reach to more than 200 applications across 35 ecosystems.
Ripple built it with Peersyst and contributors from the Cosmos community. crypto.news covered the mainnet launch on June 30, 2025, where Ripple’s David Schwartz framed the sidechain as extending the ecosystem without altering what makes the XRP Ledger reliable. The launch roster included Strobe, a money market for lending and overcollateralized borrowing; Securd, a lending protocol for financing collateralized leverage; Vertex, a derivatives venue; plus Moai, Elys, XRise, and Hammy. The infrastructure was audited end to end. Subsequent releases hardened it further, with a v11 upgrade focused on economic security, IBC transfer hardening, and proof of authority validator management, and an upgrade to Cosmos EVM v0.4.1 adding ERC-20 mint and burn plus current Ethereum improvement proposals.
None of that is vaporware. Every component works. Someone can bridge XRP to the sidechain right now, deploy a Solidity contract, and trade on a decentralized exchange. The chain is live, secure, and functionally complete.It is also empty.That is the part worth sitting with, because it inverts the usual crypto post-mortem. The standard failure story is a project that promised more than it could build: the whitepaper outran the engineers, the deadlines slipped, the product never shipped or shipped broken. XRPL EVM shipped, on schedule, working, audited, and maintained through multiple upgrades over the following year. Every promise about the technology was kept. The only promise that failed was the one about people.
The decline, measured The most damning fact is not the small number. It is the direction.In August 2025, roughly six weeks after launch, DefiLlama showed the sidechain hosting three decentralized exchanges and a single launchpad, with combined total value locked of $100,818. Twenty four hour volume across the entire chain was $3,238, every dollar of it from Moai Finance. Riddle, XRiSE33 Network, and SurgeDefi recorded no trading activity whatsoever. Developer data at the time counted 168 developers on XRPL EVM against 8,448 on Ethereum, a gap of roughly 98%.
That was the bad news at six weeks. Today, eleven months later, total value locked is $25,741. The chain lost roughly three quarters of the little it had. The protocol count is nominally higher, with Midas RWA, Hyperithm, Portal, Axelar, and an NFT marketplace called Mintiq now listed, but every one of those additions reports zero total value locked on this chain. They are multi-chain protocols that support XRPL EVM the way a restaurant supports a dietary restriction: the option exists on the menu and nobody orders it.
The volume figures are what turn an underperformance into something stranger. Zero over 24 hours. Zero over seven days. Moai Finance, the chain’s only functioning exchange by any historical measure, shows $95,008 in cumulative volume since inception. Not per day. Total, across a year of operation, on the flagship DeFi venue of a chain built for a token with a market capitalization near $68 billion.
A chain with $25,741 of capital and no trading is not a slow start. It is a chain nobody is using, and the trend line says that fewer people are using it every month.For scale, the entire TVL of the sidechain is currently less than the value of roughly 24,000 XRP. Ripple releases a billion tokens from escrow on the first of every month. The whole DeFi economy built on top of the XRP Ledger, through the official sidechain, could be funded out of forty thousandths of a single monthly escrow tranche.
Who was supposed to show up Reading the launch roster a year later is the clearest way to see what went wrong, because the roster was not thin. It was specific.Strobe was announced as a money market for lending and overcollateralized borrowing on XRPL. Securd was to provide passive income by financing collateralized leverage across DeFi positions. Vertex was a derivatives platform optimizing capital efficiency. Between them, those three cover the load-bearing categories of any DeFi economy: lending, leverage, and derivatives. Add a decentralized exchange for spot, an oracle from Band, RPC infrastructure from Grove, and a cross-chain interface from Squid, and the stack on paper was complete. Nothing essential was missing.
Today none of those three names appears among the protocols holding capital on the chain. The entire TVL sits in two decentralized exchanges and a launchpad. The lending market that would have made bridged XRP productive, the derivatives venue that would have given traders a reason to keep collateral there, the leverage layer that generates the recursive deposits which inflate every chain’s TVL figure: none of it materialized in a form anyone funded.
That absence explains the volume better than any macro argument. A chain with only spot DEXs and no credit has no reason to hold capital between trades. Money arrives, swaps, and leaves. On chains where TVL compounds, it compounds because deposits are collateral, collateral is borrowed against, and the borrowings are redeposited. Without a lending market, TVL is just the float sitting in a few pools, and $25,741 is what that float looks like when almost nobody is swapping.
The irony is precise. The lending layer the sidechain needed and never got is now being built on the mainnet instead, in a permissioned, institutionally underwritten form that has nothing to do with the EVM. The sidechain was the place DeFi was supposed to happen. Credit went somewhere else, and the sidechain was left holding the part of DeFi that cannot sustain itself alone.
Why the projection was never plausible The Polygon comparison that produced the $600 million to $12 billion range deserves scrutiny, because in retrospect it was comparing two things that share almost no structural features.
Polygon captured Ethereum overflow. It existed because Ethereum’s fees became unbearable during periods of intense demand, and there was a vast population of users and developers already transacting on Ethereum who wanted the same applications for less money. The demand preceded the chain. Polygon did not create appetite for DeFi; it captured appetite that already existed and had nowhere cheaper to go. Add hundreds of millions of dollars in liquidity incentives and a mature Ethereum tooling ecosystem that ported over with a config change, and the TVL followed the demand.
XRPL EVM inverted every one of those conditions. There was no congestion to relieve, because the XRP Ledger has never been congested. There was no population of XRPL DeFi users seeking cheaper execution, because XRPL DeFi barely existed: the ledger’s total value locked has run under 0.05% of its market capitalization, against roughly 20% for Ethereum and 10% for Solana. That statistic was cited in the launch material as the size of the opportunity. It is more accurately read as the size of the demand problem.
Six million XRPL wallet holders were presented as a distribution advantage, but they were six million holders of a payments asset who had spent a decade not asking for smart contracts. The sidechain did not remove a barrier between XRP holders and DeFi. It tested whether the barrier was the reason, and the answer came back no.The Peersyst material was explicit that testnet momentum arrived organically, without incentives or paid marketing, and treated that as evidence of underlying pull. Ninety logos on a testnet is a real signal of developer curiosity. It is not a signal of user demand, and the distinction is the whole story: developers show up to explore new chains constantly, at near zero cost, and the tourism ends when nobody trades.
The comparison that hurts Here is why this matters beyond a dead sidechain: the XRP Ledger had an extraordinary year, on the mainnet, at exactly the same time.
Tokenized real-world assets on the XRP Ledger grew from under a billion dollars at the start of 2026 to roughly $3.5 billion, and the ledger has led the market on 90-day RWA inflows, adding $1.9 billion. In May 2026, Ondo Finance executed the first cross-border, cross-bank redemption of tokenized United States Treasuries on the XRPL, clearing in seconds, with JPMorgan and Mastercard involved in the surrounding work. RLUSD grew past a $1.5 billion market capitalization. The native automated market maker and multi-purpose token amendments both passed validator votes. The XLS-65 and XLS-66 lending amendments are in validator voting now, an effort crypto.news examined in its analysis of what on-chain credit would mean for XRP.
The mainnet, in other words, went and built exactly the thing the sidechain was supposed to enable, using its own native primitives, aimed at institutions instead of Solidity developers, and it worked. Institutional tokenization found the XRP Ledger without an EVM. Permissionless DeFi did not find it with one.
That contrast reframes the sidechain from a failed product into a resolved question. The bet was that XRPL’s problem was programmability, and that giving Ethereum developers a familiar environment on top of XRP liquidity would unlock a DeFi economy. Twelve months of data says the problem was never programmability. It was that the XRP ecosystem’s actual demand is institutional settlement, and institutional settlement does not want an EVM sidechain with proof of authority consensus and a bridge. It wants permissioned pools, credentialed counterparties, and off-chain underwriting, which is precisely what the mainnet amendments deliver.
Notice also where XRP-adjacent DeFi capital actually went. VivoPower allocated $100 million through Flare, a separate network built specifically to give XRP holders DeFi access, rather than through Ripple’s own sidechain. When money did move toward XRP DeFi, it routed around the official product.
The case that this is unfair The bearish read above deserves an honest counterweight, and there is a real one.Timing first. The sidechain launched on June 30, 2025, roughly three weeks before XRP’s cycle high near $3.65, and spent its entire first year inside the worst crypto drawdown since 2022. Bitcoin fell more than 40% from its October peak. Digital asset funds ran multi-billion dollar outflow streaks. Three consecutive losing quarters, the longest streak since the last bear market, with institutional capital rotating into artificial intelligence equities. TVL across the market compressed. Judging a new chain’s ecosystem formation against a projection written in a bull market, and measured entirely inside a bear market, stacks the comparison. Polygon’s $2 billion to $6 billion was built during a mania.
Second, no incentives. Polygon’s TVL was purchased. Hundreds of millions in liquidity mining subsidies pulled capital that largely left when the subsidies stopped. XRPL EVM launched with none, which is defensible as a matter of discipline and fatal as a matter of cold-start economics. Liquidity begets liquidity, and a chain with $25,741 cannot attract a trader who needs to move $50,000 without moving the price against themselves. Every DeFi ecosystem that reached scale bought its first users. Refusing to do so is a choice with predictable consequences, not evidence that the underlying idea is wrong.
Third, sequencing. The credit layer was always the point. RippleX’s own framing describes a deliberate progression: represent value, move value, trade value, finance value. The lending amendments now in voting are the fourth step, and they are being built on the mainnet with institutional design constraints, not on the sidechain. If the strategy is institutional DeFi rather than retail DeFi, then the sidechain was never the main line. It was an option that Ripple bought cheaply, and options that expire worthless are still rational to have purchased.
Fourth, the infrastructure persists. A chain is not a startup that folds. It runs, it gets upgraded, and it costs almost nothing to leave running. If the market turns, if incentives arrive, if a single application finds product-market fit, the environment is there, audited and connected to eighty networks. Twelve months is a short window for infrastructure that took years to build.
Fifth, and least comfortable for the bears: the metric itself is contested. Total value locked measures deposited capital, not usefulness, and it is trivially gamed by recursive lending and mercenary liquidity on chains that do buy their numbers. A chain with honest, unincentivized TVL of $25,741 and a chain with subsidized TVL of $500 million are not obviously ranked the way the figures suggest. That argument does not rescue XRPL EVM, because zero volume is not a metrics artifact, but it is a fair caution against treating one number as a verdict on an entire architecture.
The case that it is worse than it looks Now the harder reading, which the numbers support more directly.The bear market explains compression. It does not explain zero. Solana’s memecoin economy generated tens of billions of dollars of volume through the same drawdown. Robinhood Chain launched on July 1, 2026 into the identical macro and did more than $3 billion in decentralized exchange volume in two weeks, with 19,586 tokens created on a single day. Hyperliquid, Base, and BNB Chain all sustained real activity. Capital did not stop moving in 2026. It moved somewhere else. The absence of incentives explains a smaller number; it does not explain a chain where the flagship exchange has done $95,000 in trading across its entire existence while a two-week-old competitor chain did $3 billion.The declining trend is the tell. $100,818 in August 2025 to $25,741 in July 2026 is not a chain waiting for conditions to improve. It is a chain being abandoned by the little capital that tried it. Bear markets thin the field; they do not usually take three quarters of the liquidity from a chain that started with almost none.
And the developer number from August was the leading indicator everyone skipped: 168 developers against Ethereum’s 8,448. Chains are not built by logos on a testnet. They are built by people shipping applications that someone wants to use, and the ratio said, six weeks in, that the ninety entities had not converted into an ecosystem. The launch roster is the proof. Strobe, Securd, Vertex: named as launch partners, and today the chain’s entire TVL sits in two DEXs and a launchpad nobody trades on. The applications that were supposed to give the chain a reason to exist either never shipped at scale or shipped and found nobody.
The strategic cost is subtler than the wasted engineering. For a year, “XRPfi” and the EVM sidechain functioned as an answer to the hardest question about XRP, which is how any of Ripple’s progress reaches the token. The sidechain made XRP the gas asset of a DeFi economy, which would have generated real, recurring token demand. That answer is now empirically closed, and it closes at the same moment as the structural finding that most of Ripple’s bank partners never touch XRP at all. Two of the three main value-accrual arguments for the token have now been tested against data in the same quarter. Both came back thin.
What the $25,741 is actually evidence of Step back from XRP entirely, because the finding generalizes.The industry has spent five years treating EVM compatibility as a growth strategy. The reasoning is seductive: Ethereum has the developers, the tooling, the mental models, and the applications, so any chain that speaks Solidity inherits access to all of it at the cost of an engineering project. Dozens of chains have run this play. A few worked. Most produced exactly what XRPL EVM produced, which is a technically excellent environment with nobody in it.
The reason is that EVM compatibility removes a supply-side constraint and does nothing to the demand side. It makes building easier. It does not make anyone want the thing built. When a chain has organic demand and a technical barrier, removing the barrier unlocks enormous value, which is the Polygon story and the Arbitrum story. When a chain has a technical option and no demand, removing the barrier produces an empty room with excellent acoustics.
The diagnostic question is therefore simple and almost never asked before a chain commits to the work: is there a queue? Not a waiting list of developers, who are cheap to attract and cost nothing to lose, but users currently doing the thing somewhere worse and paying for the privilege. Polygon had a queue. Arbitrum had a queue. XRPL EVM had a hypothesis that six million payment-asset holders would become DeFi users once the tooling arrived, and hypotheses are not queues.
XRPL had the cleanest possible version of the test. Six million wallets. A top-ten asset. Twelve years of uptime. Deep liquidity. Real regulatory standing. A functioning native DEX. Every input the thesis requires, and a year later the DeFi economy built on top of it holds less capital than a used car. If EVM compatibility were the unlock, it would have worked here. The mechanics of liquidity pools and automated market makers are identical on XRPL EVM to what they are on Ethereum. The pools are simply empty, because pools are filled by people who want something, and nobody wanted this.
The lesson costs Ripple very little and should cost the next chain a great deal. The company retained an option, learned that its DeFi demand is institutional rather than permissionless, and redirected to native amendments aimed at exactly that. That is a reasonable outcome from a cheap experiment. The problem belongs to everyone still pitching an EVM layer as a demand strategy, because the most rigorous public test of that thesis just returned $25,741 and no volume, and the DeFi industry has not noticed.
The number to remember The projection was $600 million to $12 billion. The delivery is $25,741 and zero trading volume, twelve months later, on a chain that works perfectly.That gap is not a failure of engineering, marketing, timing, or macro, though each contributed at the margin. It is a measurement. Somebody asked, with real money and real code and a well-built product, whether the XRP ecosystem wanted permissionless DeFi. The ecosystem answered. The answer was no, and it took a year and a nine-figure projection to hear a number that fits on a single line of a spreadsheet.
XRPL’s institutional story is doing better than it has ever done. Its DeFi story is a chain with $25,741 on it and nobody trading. Both of those things are true at once, and anyone building a thesis on XRP needs to hold both, because the second one used to be an argument and is now just a data point.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Total value locked, volume, and protocol figures are drawn from DefiLlama as of July 14, 2026, and change continuously; TVL is a contested metric and methodologies differ between trackers. Historical figures are attributed to the sources that reported them at the time. Projections cited were published by the sidechain’s development team and are not forecasts by crypto.news. Details reflect information current as of July 14, 2026. Always do your own research.
A June 2025 research paper has fueled ongoing debate in the XRP community, following claims by crypto analyst SMQKE that the study demonstrates successful testing of Ripple technology to enhance SWIFT’s financial network. SMQKE stated that Ripple had been evaluated under the Hyperledger framework using ISO 20022, suggesting compatibility with SWIFT’s infrastructure.
Research highlights and technical detailsThe paper details the development of a prototype blockchain network employing Hyperledger Fabric, an open-source enterprise blockchain platform. Developers implemented smart contracts using Go and Node.js, benchmarking the model’s performance against simulated SWIFT transactions with metrics such as speed, cost efficiency, security, and regulatory compliance.
Hyperledger Fabric v2.4 served as the foundation for the prototype. The testing dataset incorporated transaction logs from Ripple and Stellar testnets, aiming to measure processing times and compare outcomes with traditional SWIFT methods. According to the study, the new system reduced settlement times from about two days to a range of three to five seconds, and cut operational expenditures by 86.6%.
The researchers noted intentions to further explore interoperability with central bank digital currencies (CBDCs) and modern messaging standards such as ISO 20022. However, the paper does not claim that Ripple’s XRP Ledger directly powered the tested platform or that SWIFT plans to introduce Ripple into its live services.
Mini dictionary: Hyperledger Fabric is a permissioned blockchain framework designed for enterprise use, supporting highly modular and customizable network architecture.
SystemSettlement TimeOperational Cost ChangeTraditional SWIFT~2 daysBaselineHyperledger Fabric Prototype3–5 seconds-86.6%Community response and clarificationsDespite SMQKE’s claims, several community members offered alternative interpretations. A user named Red challenged the idea that the study demonstrated Ripple’s integration with SWIFT, emphasizing that Ripple and Stellar data only provided historical benchmarks for testing, and neither blockchain was directly deployed in the prototype.
Red further explained that researchers developed and evaluated their own blockchain infrastructure, rather than utilizing Ripple’s XRP Ledger or Stellar’s network within the prototype. He questioned any assertion that the paper supports a real connection between Ripple and SWIFT integration.
Red expressed concern that overstating undocumented ties between Ripple and SWIFT may undermine credibility and distract from ongoing work within the XRP Ledger ecosystem.
The commentary underscored the need to distinguish between experimental studies, the use of datasets for benchmarking, and concrete plans for commercial deployment by industry stakeholders.
Previous official statements on SWIFT and RippleThe current discussion echoes earlier speculation about SWIFT’s potential use of Ripple’s XRP. Previous reports featured comments from Tom Zschach, former Chief Innovation Officer at SWIFT, who directly dismissed rumors that SWIFT would support public tokens such as XRP in lieu of building a proprietary digital solution for banks.
Responding to the suggestion that SWIFT would incorporate XRP or similar assets, Zschach replied, “Not happening.”
These ongoing discussions highlight the importance of verifying technical claims about partnerships and integrations within the evolving landscape of blockchain-based financial systems. Investors and observers remain attentive to official developments from Ripple, SWIFT, and their partners.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
XRP price rose 3.45% to $1.10 during the reported session, following renewed strength across the cryptocurrency market.
The XRP token surged past $1.10 as buyers responded to the increasing stablecoin operations on the XRP Ledger. The supply of RLUSD has gradually migrated to XRPL, which has contributed to higher network usage and transaction demand expectations.
Meanwhile, legislators in the United States are working on another significant effort to promote digital asset market structure law. Senator Cynthia Lummis said revised CLARITY Act text could be introduced within days after nearly ten months of negotiations.
CLARITY Act Faces Crucial Senate Test Lummis said lawmakers are ready to move the proposal forward during four consecutive Senate working weeks. She would like the bill enacted prior to the start of the August 7 recess of the chamber.
Nevertheless, the ultimate floor schedule is determined by Senate Majority Leader John Thune. It is reported that the lawmakers might start discussing the bill next week, July 20.
Lummis says CLARITY text lands in days
Senator Lummis (@SenLummis) says the Senate will introduce CLARITY Act text within days and wants it passed before the August 7 recess. “It’s time to land this plane,” she said on Fox Business, capping nearly 10 months of work. Floor action… pic.twitter.com/57k9UxU1Jc
— BSCN (@BSCNews) July 14, 2026
The measure faces growing resistance from Democratic Senators Chris Murphy, Jeff Merkley, and Chris Van Hollen. According to them, the current proposal is deficient in the form of powerful rules of ethics to deal with the senior government officials and cryptocurrency interests.
Their protests are partly related to the reported crypto income and business ties of President Donald Trump. The senators warned that they might be able to vote against the bill unless significant conflict protections are included.
Democratic support is critical to the eventual passage of the bill as it may require 60 votes in the Senate. Additional contention may paralyze the floor procedure or force additional deliberations prior to a vote of decisiveness.
XRP Price Prediction: Will Bulls Extend To $1.20 Soon? The MACD line has crossed its signal line, and the green histogram bars are still growing. The Chaikin Money Flow is 0.14, which validates positive capital inflows.
A confirmed four-hour close above $1.12 could push the XRP price outlook toward the $1.15 resistance level.
Tradingview A Breaking $1.15 can allow a greater climb into the larger target of $1.20. Nevertheless, the next rejection at around $1.12 might postpone the bullish continuation and prolong the consolidation.
The $1.07 level remains the main support during any pullback. The loss of this area might reveal $1.05 and weaken the existing recovery structure.
XRP ETF Market Stalls Daily While Total Inflows Hit $1.48B According to SoSoValue data, XRP ETF products showed no net inflows in terms of daily net inflows on July 14. But cumulative net inflows were still high at 1.48 billion in the listed funds. The total trading value was the amount of 13.47 million, and combined net assets were 1.01 billion.
Bitwise led cumulative inflows with $493.86 million, followed by Canary Capital at $466.97 million. Franklin Templeton was the second with $413.23 million and Grayscale had 131.46 million.
According to SoSoValue data, spot Bitcoin ETFs recorded $181 million in net inflows yesterday (July 14, ET). Spot Ethereum ETFs saw $58.3385 million in net inflows, with none of the 10 ETFs recording net outflows. pic.twitter.com/AUMWhkHPD6
— Wu Blockchain (@WuBlockchain) July 15, 2026
Meanwhile, 21Shares showed cumulative net outflows of $20.06 million. The same session saw higher demands of crypto ETFs. Spot Bitcoin ETFs received inflows of $181 million and Ethereum funds received inflows of $58.34 million. None of the ten Ethereum ETFs reported daily net outflows.
Ripple CTO Emeritus David Schwartz has defended XRP advertising in college sports after critics called for tighter restrictions on crypto promotion.
Summary
David Schwartz argues truthful XRP advertising receives First Amendment protection against broad government restrictions nationwide. His argument cites Supreme Court rulings that struck restrictions on lawful alcohol and gambling advertising. Commercial speech remains regulable, meaning the Constitution does not automatically block every potential advertising restriction. The debate followed the University of Kansas athletics program’s decision to place XRP branding on team uniforms under a multi-year partnership with Ripple.
In a July 15 post on X, Schwartz argued that governments cannot broadly suppress truthful advertising for lawful products simply because officials believe consumers may make poor decisions. His position centers on First Amendment protections for commercial speech.
The United States has the First Amendment. If you want to restrict or can speech, you need to find some exception it fits into. I don't think there is one here. See the cases I cited including one involving liquor and one involving gambling.
— David 'JoelKatz' Schwartz (@JoelKatz) July 14, 2026 Schwartz turns XRP advertising debate into constitutional question The discussion began after critics compared crypto promotion in college sports with advertising for gambling, tobacco and alcohol. They argued that universities should not expose students and younger sports fans to digital asset marketing.
Schwartz responded with a legal argument rather than a defense of XRP as an investment. He wrote that the government cannot suppress truthful commercial speech merely to prevent people from making “bad, but lawful, decisions.” His argument draws a distinction between regulating an activity and banning truthful speech about that activity.
Supreme Court cases support protection for lawful advertising Schwartz cited 44 Liquormart v. Rhode Island, a 1996 Supreme Court case that struck down restrictions on advertising liquor prices. The Court found that Rhode Island could not broadly block truthful price information simply because the state wanted to reduce alcohol consumption.
He also pointed to Greater New Orleans Broadcasting Association v. United States. In that case, the Supreme Court ruled that a federal restriction could not block advertisements for lawful private casino gambling under the circumstances before the Court.
However, those rulings do not make every restriction on XRP advertising automatically unconstitutional. Under the Supreme Court’s Central Hudson framework, commercial speech receives protection when it concerns lawful activity and is not misleading. Governments may still impose properly tailored restrictions that directly serve a substantial public interest.
Kansas deal puts XRP logo across college sports Kansas Athletics announced the Ripple partnership on July 8. The XRP logo will appear on uniforms across the university’s athletic programs, making it the first cryptocurrency jersey patch used across a major college athletics program, according to Kansas.
The agreement also covers branding at athletic venues, digital properties and events. Ripple will fund financial and technology education programs for student-athletes and the wider campus community. The partnership also expands an existing recruitment link between Ripple and Kansas graduates.
As previously reported, the agreement runs for five years and has personal ties to Ripple CEO Brad Garlinghouse, a University of Kansas alumnus. The sponsorship has since drawn wider attention to how universities should handle digital asset advertising.
XRP legal history adds context to advertising dispute The debate comes three years after a federal court issued its split ruling in the SEC’s case against Ripple. The court found that Ripple’s programmatic XRP sales did not qualify as securities transactions under the circumstances examined, while certain institutional sales violated securities laws. The case formally ended in 2025 with a $125 million penalty and an injunction remaining in place.
That history makes broad claims about XRP’s legal status more complex than simply calling the asset universally exempt from financial regulation. Schwartz’s First Amendment argument instead rests on a narrower point: truthful commercial speech concerning lawful activity receives constitutional protection.
A government attempt to impose a blanket ban on XRP advertising could therefore face a serious First Amendment challenge. But existing Supreme Court doctrine still allows some commercial advertising rules when regulators can satisfy the required constitutional test.
Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Below the surface, the XRP Ledger is displaying another concerning indication. The network's daily payment volume has decreased to just 312.8 million XRP, and only about 438,000 transactions have been processed overall. The sharp contraction indicates a persistent decline in one of the most significant indicators of actual network usage, even though neither figure represents an all-time low.
Activity on the LedgerSince payment activity reflects real account transfers rather than speculative trading, it has historically been a crucial indicator of the health of the XRP Ledger. Payment volume exceeded 1 billion XRP earlier this month, indicating increased network activity. Now that this momentum has vanished, activity has dropped by over 70% from recent highs.
XRP/USDT Chart by TradingViewThe market structure of XRP makes the decline even more worrisome. XRP is still stuck below all of the major moving averages on the price chart. The 26-day EMA, near $1.11, serves as immediate resistance for the asset, which is currently trading at about $1.10. The 50-day EMA is located at about $1.14 above that, and the 100-day and 200-day moving averages are still much higher at about $1.25 and $1.46, respectively.
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This positioning suggests that XRP is still in the midst of a well-established downward trend. The market hasn't yet produced a convincing bullish reversal pattern, and every attempt at recovery over the past few months has failed before reaching higher resistance zones. Volume dynamics also don't help. In contrast to the periods that previously drove significant XRP rallies, trading activity is still comparatively muted.
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Although buyers have found it difficult to sustain momentum as the price gets closer to the short-term moving average cluster, the most recent recovery from the June lows created some optimism. The RSI is now close to 49, indicating that selling pressure has lessened after recovering from oversold territory. Nonetheless, the indicator does not yet signal a significant trend reversal and is still below bullish territory.
XRP bulls aren't readyReclaiming the 50-day EMA and moving toward the $1.25 resistance zone is the obvious immediate task for XRP bulls. The XRP Ledger risks appearing more and more detached from the kind of adoption narrative that investors have been depending on for years in the absence of increased network activity and a significant recovery in payment flows.
For the time being, XRP has little fundamental support as it tries to stabilize above the psychologically significant $1 level, because declining payment volume and weakening transactional activity indicate that the ledger's core usage is still under pressure.
The United Kingdom has accelerated its digital asset strategy by including Ripple as a reference technology within its latest government-backed report on wholesale tokenization. The move reflects a broader push by UK policymakers to transition from small-scale pilot programs to live implementation of distributed ledger technology (DLT) in financial market infrastructure.
Ripple referenced in UK Treasury’s tokenization plansExcerpts released by BankXRP, a crypto researcher active on X, indicate that the UK Treasury selected Ripple as a convergence model in its initiative for wholesale tokenization. The report singles out Ripple’s integration in several use cases, highlighting a 12-month roadmap aimed at moving tokenized repurchase agreements (repos), UK government bonds (gilts), and investment funds into live deployment.
Alongside these plans, the Treasury document references Ripple’s acquisition of Hidden Road and Santander UK’s use of Ripple’s blockchain platform for cross-border payments as examples that reinforce the technical pathway toward broader adoption.
Ripple is a San Francisco-based technology company known for developing blockchain-based financial solutions focused on enabling real-time, cross-border payments for banks and financial institutions.
Mini dictionary: Hidden Road, a U.K.-based prime brokerage and payments infrastructure provider, enables access to digital assets for institutional clients through secure trading and settlement solutions.
UK Treasury’s 12-month roadmap includes deploying tokenized repos, gilts, and funds, with Ripple’s technology, its $1.25 billion Hidden Road acquisition, and Santander UK’s cross-border payment infrastructure cited as supporting examples.
DLT innovation moves beyond pilot stageThe government report characterizes the UK’s digital asset landscape as shifting away from isolated experimentation and toward practical use, notably in collateral management, payment settlements, bond markets, and stablecoins. According to the report, the transition to full-scale DLT adoption necessitates not only technical upgrades but also significant attention to governance, integration with traditional financial systems, resilience, and direct central bank access.
Regulated institutions still face compliance and due diligence challenges, resulting in costs and slow uptake for DLT solutions. The document identifies the need for flexible regulatory frameworks that foster innovation while addressing the specific risks and maturation levels of novel digital technologies.
Several examples, including Ripple’s Hidden Road acquisition and Santander UK’s adoption of Ripple technology for international transfers, are referenced as part of a broader discussion on advancing wholesale finance through distributed ledgers.
Institution/AssetApplication in 12-Month PlanRippleModel for tokenized repos, gilts, funds; cross-border payments with Santander UKHidden RoadPrime brokerage supporting tokenized asset infrastructureSantander UKCross-border payments using Ripple blockchainEconomic projections and global contextBankXRP, referring to figures in the government-backed report, pointed to potential economic impacts of this digital asset strategy, estimating an additional £33 billion in annual GDP and £14 billion in tax revenue. These numbers are presented as part of ongoing efforts to modernize the UK’s financial infrastructure through tokenization and the integration of DLT into mainstream markets.
The report highlights that, in contrast to the UK, regulatory progress in the United States has slowed, with the CLARITY Act still awaiting resolution. This suggests a widening gap in DLT adoption between the UK and other major economies.
The document urges that regulation should align with technology readiness, supporting innovation with proportionate oversight rather than imposing full institutional compliance on early-stage projects.
Community response and international outlookThe reference to Ripple within the official roadmap has sparked discussion among crypto community members. One contributor, Andries, remarked that regulatory gridlock in the US could allow other countries to accelerate blockchain implementation and ultimately capture a competitive edge in financial innovation. He criticized delays in passing key crypto legislation, suggesting that slow progress primarily benefits established financial players and impedes transformative change.
While BankXRP’s analysis describes an optimistic outlook for Ripple’s participation in the UK’s tokenization goals, the government report positions Ripple as one of several prominent industry examples in a larger policy strategy. The emphasis remains on applying DLT more broadly across wholesale financial markets, with Ripple’s technology serving as a notable case study.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
The divergence between on-chain supply trends and market sentiment highlights how multiple factors are influencing XRP's price.
Binance’s XRP reserves have fallen to about 2.61 billion tokens, their lowest level since February, and the balance has held there since the start of July.
And even though the Ripple token had been sliding toward $1.06 while those reserves were draining out, it reversed course in the last 24 hours, gaining over 3% in that period.
Exchange Reserves Shrink as Selling Pressure Lingers According to CryptoQuant contributor Arab Chain, there have been no meaningful inflows to replenish Binance’s XRP stockpile in recent months, which is why the reserve figure has held near its February 2026 low instead of climbing back.
A falling exchange balance can be considered a bullish signal since it is often taken to mean that investors are moving their stash into private wallets instead of preparing to sell. That signal took a while to show up in price, with Arab Chain noting that XRP had been falling to around $1.06 while reserves were emptying out, suggesting that liquidity, trading activity and investor sentiment were outweighing the effect of declining exchange supply.
In another market update, the same analysts pointed to the Binance CVD Confirmation Score, which blends price with Cumulative Volume Delta to track whether buy or sell orders are winning out in the spot market. That CVD reading is at -6.93 million, meaning that sell orders have outweighed buys as XRP fell from above $2.00 earlier this year toward the $1.07 area.
Meanwhile, the 30-day Price-CVD Confirmation Score is holding near 0.84, a figure Arab Chain says, while reasonably healthy, still falls short of confirming a genuine shift in buying demand. According to them, only a sustained move into positive CVD territory alongside a stronger confirmation score would point to a real reversal in buying interest.
As noted earlier, XRP’s price action has nevertheless improved modestly, with data from CoinGecko at the time of writing showing the asset trading around $1.11 after gaining about 3.7% in 24 hours, having oscillated between $1.07 and $1.12 during that period. However, the world’s sixth-largest cryptocurrency by market cap is still down 7% over the past month and more than 61% across one year, despite daily trading volume jumping 31% higher than the previous day to hit $1.26 billion.
You may also like: Binance Marks Ninth Anniversary With 323 Million Users and Expansion Beyond Crypto XRP and ETH Traders Turn Bullish as FOMO Surges to 5-Week High: Santiment 3 Years After The Key Ripple-SEC Ruling: How XRP Went From SEC Target to Institutional Asset Analysts Divided On Where XRP Heads Next Such is the state of XRP that market watchers are split on what comes next. For example, popular trader Diana has pointed to $1.08 as the level to watch and warned that losing it could send XRP toward the $0.90-$0.93 zone before one last flush to the $0.87 macro support. Fellow analyst CasiTrades holds a similar technical view but frames it as the tail end of a yearlong correction, telling followers on X that a drop toward $0.87 would “finish off the correction we’ve spent the last year building.”
But others are looking past the near-term chop, with one of them, Crypto Patel, arguing that XRP is tracing a pattern that has historically come right before rallies of more than 1,000%. On his part, crypto investor Celal Kucuker pointed to a 500% monthly gain two years ago as a reason not to dismiss $7 by the end of the year.
Ripple Joins x402 Foundation to Advance RLUSD AI Payments: Will XRP Price Benefit? Altcoin News
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XRP price prediction is back in focus as it trades around $1.11, up about 3.6% over the past 24 hours. It remains pinned beneath a resistance zone that has rejected several intraday rallies this week.
So far, this has been more of a slow grind than a breakout. But Ripple’s reported alignment with the x402 Foundation to support RLUSD-powered AI payments is giving the long-term story another boost.
The x402 initiative positions RLUSD, Ripple’s dollar-backed stablecoin, as a settlement asset for autonomous AI agents. That narrative gained traction after the XRP Ledger processed more than one million agentic transactions using a fixed network fee of 0.0002 XRP per transaction. Meanwhile, the x402 Foundation includes major companies such as AWS, Google, Visa, Mastercard, Stripe, Circle, and Coinbase, showing the project has serious industry backing rather than just marketing buzz.
Ripple is proud to join the x402 Foundation as a Premier Member.
As AI agents begin to take on more of the transaction lifecycle, they'll need a way to pay that's as fast and reliable as the way they already exchange data. We've been helping build that future on the XRP Ledger… https://t.co/eSzTyXBQFm
— Ripple (@Ripple) July 14, 2026 At the same time, macro conditions have become a little friendlier. June’s US consumer inflation rate came in at 3.5% year over year, matching expectations after energy prices pulled the monthly index lower. That eased some concerns over tighter monetary policy and helped improve sentiment across equities and crypto.
Ripple’s payments narrative has been building for months, and RLUSD continues to expand its footprint. However, the price still needs to confirm the story. Until buyers force a clean breakout, XRP remains stuck in wait-and-see mode, with the fundamentals knocking while the chart keeps the door only slightly open.
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XRP Price Prediction: Break $1.15 This Week?XRP trades around $1.11, after climbing roughly 3.5% over the past 24 hours. The session ranged between $1.06 and $1.12, while its market capitalization sits near $69 billion. Price is still coiling beneath $1.12, which often means the market is storing energy before making its next move.
Support remains around $1.05 to $1.06, where buyers have repeatedly shown up. Meanwhile, resistance stretches from $1.11 to $1.15, and sellers have defended that area more than once. Trading activity has also picked up, hinting at accumulation, although a convincing close above $1.12 would strengthen that case.
Three scenarios still stand out. The bullish path begins with a daily close above $1.15, opening the door toward the $1.20 to $1.30 area over time. The base case keeps XRP chopping between $1.07 and $1.13 as traders digest macro data. Sometimes the market just likes to make everyone wait.
The bearish case is equally simple. A decisive break below $1.05, backed by strong volume, would hand momentum back to sellers and could send XRP toward the mid $0.90s. While longer-term forecasts remain constructive, the near-term still belongs to the charts.
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Maxi Doge Targets Early Mover Upside as XRP Tests Key LevelsXRP at $1.10 with a $68 billion market cap is a legitimate holding, but the asymmetric upside that early XRP adopters captured is structurally unavailable at this size. That math drives traders to scan earlier stages of the cycle.
Technical analysis on XRP suggests the next meaningful move may take weeks to materialize, which is exactly the window that presale positions are designed to exploit.
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The XRP Ledger is now home to more than 70% of the entire represented tokenized commodity market, emerging as the dominant player in the sector.
Tokenization remains one of the biggest narratives in the crypto scene in recent years, and the XRP Ledger (XRPL), originally built to support the nascent market, seems to be taking up a reasonable share of the sector.
Market data indicates that over 70% of the global represented commodity market on-chain resides within the XRP ecosystem, with Polygon and Arbitrum accounting for the remaining 30%.
Global Tokenized Commodity Growth This is according to data provided by RWA.xyz, a leading analytics platform for the tokenization market.
Notably, the worth of the global tokenized commodity market stands at $8.08 billion as of press time. This represents a year-to-date increase of $3.84 billion from the $4.24 billion figure recorded at the start of the year.
The Tokenized Commodity Market Interestingly, while only halfway through, this year’s $3.84 billion increase so far has already surpassed the $3.2 billion figure witnessed by the market in 2025. The milestone confirms the increased attention the tokenized commodity market has enjoyed in recent times.
Of the current $8.08 billion market value, distributed commodities, which refer to assets that market participants can move outside the issuing platform, account for $4.53 billion. Meanwhile, represented commodities, which include assets that investors cannot transfer off the issuing platform, total $3.55 billion.
XRP Dominates Represented Commodity Market Further data shows that while Ethereum hosts most of the distributed market value, XRP dominates in the represented commodity market.
Specifically, the XRP Ledger accounts for $2.5 billion of the total $3.55 billion worth of represented commodity sector. This gives the ecosystem a large dominance rate of 70.4%. For context, these commodities make up about 57% of the total tokenized real-world assets on the XRP Ledger, which sits at $4.4 billion.
XRP Leads Represented Commodity Market Most of the commodity value residing on the XRPL comes from the JMWH product provided by Justoken. Notably, this product boasts a value of $2.229 billion at press time, representing more than 89% of the total commodities within the XRP ecosystem.
Besides the XRP Ledger, only two mainstream networks host represented tokenized commodities on-chain, specifically Arbitrum and Polygon. While XRP accounts for $2.5 billion of the global market, Polygon has a $661.2 million share, while Arbitrum is home to just $482,700 worth of represented commodities.
How XRP Fares in the Overall Commodity Market XRP may lead the represented commodity sector, but its share reduces drastically when considering the overall commodity market, including represented and distributed assets.
In this case, Ethereum holds the largest share, with $4.2 billion across all commodities. This represents nearly 52% of the total $8.08 billion in total tokenized commodity value. Meanwhile, XRP’s $2.5 billion figure gives it a 31% market share, second only to Ethereum.
Total Commodity Market Value 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.
Nonprofit Hire Heroes USA named the 25 recipients of a Ripple-funded grant program for veteran- and military spouse-owned businesses, distributing $250,000 as tensions with Iran escalate.
The announcement arrives while a renewed US naval blockade on Iranian ports pushes military affairs back into the spotlight.
Inside the Ripple-Funded Grant Program for VeteransThe “Ripple Effect: Certified Veteran Employer Grants Program” is a Hire Heroes USA initiative that pairs one-time funding with employer training for veteran- and military spouse-owned businesses. Ripple covered the cost through a donation in RLUSD, the stablecoin it issues.
Hire Heroes USA disclosed the 25 awardees on July 13, after a selection process that ran through the spring. Each business receives $10,000, a combined total of $250,000. The figure is small by corporate standards, though relevant for firms with limited access to credit.
Follow us on X to get the latest news as it happens.
Proud to announce 25 recipients of the Ripple Effect: Certified Veteran Employer Grants — $250K invested in veteran- and military spouse-owned businesses through our partnership with @HireHeroesUSA.
Each recipient receives $10K + employer training + access to 20,000+… https://t.co/vo9t5ZkYSk
— Ripple (@Ripple) July 14, 2026 To qualify, companies had to be at least 51% owned by a US military veteran or military spouse and operate domestically. They must also plan to hire from the military community within 12 to 18 months, a condition the nonprofit says it will track over time. Recipients also gain access to employer resources and the organization’s pool of military-connected candidates.
The grants belong to Ripple’s philanthropic arm rather than its payments business. The company previously committed $25 million, mostly in RLUSD, to education nonprofits. Independent data on the employment impact of these donations is not yet available.
The launch coincides with a sharp escalation in the Middle East. The United States reimposed its blockade of Iranian ports in response to Iran’s attacks on commercial ships in the Strait of Hormuz on July 14.
The measure revives a policy first enforced between April and June. American forces also launched a fourth consecutive night of strikes, while President Donald Trump threatened to hit bridges and power plants unless Iran returns to negotiations.
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🚨🇺🇸 🇮🇷 Trump held a Situation Room meeting on a MASSIVE new offensive, warning: "Next week comes the power plants. Next week comes the bridges."
-Per Axios, Trump convened his full war cabinet, Vance, Rubio, Hegseth, Caine, Ratcliffe, Witkoff, to plan devastating strikes on… pic.twitter.com/19f3eFvx05
— Mario Nawfal (@MarioNawfal) July 15, 2026 The conflict keeps veterans and military families at the center of public attention. More than 20 US Navy warships and hundreds of aircraft currently operate across the region, according to Central Command. The blockade had been lifted in mid-June under an interim peace deal that has now effectively unraveled.
Both stories will now develop on separate tracks. Hire Heroes USA plans to track the hiring commitments of the awarded businesses over the coming months, while Washington and Tehran face an increasingly uncertain path back to negotiations. Any future overlap between the two remains, for now, a matter of timing.
The XRP Ledger is signaling renewed concerns as core network activity continues to decline. Daily payment volume on the ledger has fallen to 312.8 million XRP, while overall transaction count dropped to approximately 438,000. These figures show a sharp pullback, with payment flows down more than 70% from local highs seen earlier in the month.
Payment volume and network healthPayment volume on the XRP Ledger has long been regarded as a reliable indicator of real network use, excluding speculative trading. The significant drop from over 1 billion XRP in daily payments earlier this month underscores a loss of momentum on the network.
This contraction suggests continued skepticism regarding genuine adoption of the ledger for its intended purpose—facilitating fast and efficient transfers. Although the present low does not represent an all-time minimum, it continues an established downward trend that has persisted over multiple months.
Recent daily payment volume on the XRP Ledger has dropped dramatically, signaling a persistent slowdown in meaningful network activity well below earlier peaks.
Mini dictionary: XRP Ledger, a decentralized public blockchain designed to support fast and scalable digital asset transfers, operates as the foundation for XRP cryptocurrency transactions.
Technical market structureThe current market setup for XRP reflects persistent technical weakness. The asset remains priced below all significant moving averages. The 26-day exponential moving average (EMA) acts as immediate resistance near $1.11, while the 50-day EMA is positioned at approximately $1.14. Higher resistance levels are set by the 100-day and 200-day moving averages at $1.25 and $1.46, respectively.
Moving AverageLevel26-day EMA$1.1150-day EMA$1.14100-day MA$1.25200-day MA$1.46Attempts at price recovery have repeatedly stalled below these technical barriers. The inability to reclaim higher resistance zones aligns with subdued trading activity, which remains below levels observed during prior advances in XRP’s price.
Investor sentiment and outlookDespite emerging optimism following a bounce from June’s lows, XRP buyers have struggled to sustain upward momentum. The relative strength index (RSI) currently sits at 49, suggesting that selling pressure has eased off after a period of oversold conditions. However, the indicator remains short of signaling any decisive trend reversal.
With payment activity diminished and technical obstacles still in place, XRP faces an uphill battle to reestablish fundamental support. Restoring the 50-day EMA and pushing toward resistance around $1.25 will be critical for those betting on a sustained recovery.
Until then, lagging payment volume and subdued transaction counts indicate that the core purpose of the XRP Ledger—processing real-world transfers—remains under pressure. The asset’s narrative of functional adoption risks slipping further unless meaningful improvement in network usage materializes.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Speculation over whether XRP will fall below $1 has resurfaced in the cryptocurrency community, with investors debating if current prices present a rare buying opportunity or signal further downside ahead.
Analyst highlights key historical lowsZach Rector, a crypto commentator known for his XRP coverage, stated that an upcoming dip below $1 may be the final chance for investors to purchase the asset at these levels. Rector has built a following on X, where he referenced previous periods when XRP traded at significantly lower prices.
He pointed to March 13, 2020, noting that XRP touched 10 cents at that time and has not revisited the same low since. Rector also referenced June 18, 2022, as the most recent occasion XRP dropped under 30 cents. Both dates, according to him, marked turning points for the cryptocurrency.
Rector suggested that July or August 2026 could see XRP slip below $1 again, describing this period as a potential last opportunity for investors to purchase the token before a significant price recovery.
Many missed the chance to buy XRP at 10 cents in 2020 and below 30 cents in 2022. If XRP dips below $1 again in 2026, it might be the final time to get in at that level.
He acknowledged growing skepticism toward repeated claims about “last chance” buy zones but asserted that his earlier calls proved accurate, since XRP did not return to prior lows after those specific dates.
Rector’s comments fueled debate among X users. Some questioned the likelihood of XRP dropping under $1, especially if policy developments like the CLARITY Act receive approval and clarify regulatory issues around digital assets.
Mini dictionary: CLARITY Act, a legislative proposal in the United States aimed at providing clearer legal guidelines and classification for digital assets such as cryptocurrencies, which could significantly impact prices by reducing regulatory uncertainty.
One user asked whether a price slip below $1 would still be possible if the CLARITY Act advances as expected, arguing that regulatory clarity could instead drive the price upward.
Others responded with skepticism about the recurring narrative of “last chances.” Tan Arslan replied with a sarcastic note, thanking Rector for repeatedly proclaiming last-chance buy opportunities regardless of the direction of XRP’s price. This viewpoint highlighted skepticism about the reliability of predictions tied to specific buying windows.
However, other investors shared their strategies, with user Zac Odom expressing the view that XRP remains attractive whenever it trades below $10. Odom said he continues to add to his position consistently by investing a portion of his weekly paycheck, showing support for a long-term investment approach over short-term price predictions.
In my view, $XRP is a bargain at any price under $10, as long as you believe in its long-term value. I keep investing a set amount each week, regardless of the current price.
Rector emphasized that despite market uncertainty and varied opinions, he considers a future drop below $1 as a significant opportunity for investors. The diverse reactions underscore the split sentiment over XRP’s outlook and the continued debate over its future price direction.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
