The author, who holds a degree in International Relations and Political Science, has 10 years of experience as a writer and editor in the fields of cryptocurrency, blockchain technologies, and digital asset markets.While at COINTURK, he has published over 8,500 news articles, analyses, essays, and reports on Bitcoin, altcoins, cryptocurrency markets, the blockchain ecosystem, digital asset regulations, and global financial developments. Closely following market movements and industry developments, the author addresses the complex world of cryptocurrency in a clear and reader-friendly manner.An avid reader, the author also evaluates the impact of international developments on financial markets and the digital asset ecosystem.
XRP bulls suffered significant liquidations on Saturday as the cryptocurrency continued to trade under pressure.
Over the past 24 hours, total XRP-related liquidations reached $2.12 million, according to liquidation data from Coinglass, with long positions accounting for $1.99 million.
Short liquidations, meanwhile, totaled $127,430. The imbalance suggests that leveraged traders betting on further XRP gains have absorbed most of the recent losses.
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The pressure was also visible over a shorter timeframe. During the past 12 hours, total liquidations reached $257,760, including $169,790 in long positions and $87,970 in shorts.
The liquidation figures come as XRP's broader market activity weakens. The token is down 0.26% over the past 24 hours, while its market capitalization has declined 0.15% to approximately $68.2 billion. Trading volume has fallen 26.59% to $785.29 million, suggesting reduced activity across the market.
XRP currently has a total supply of approximately 99.98 billion tokens, with a maximum supply of 100 billion. About 62.53 billion XRP are in circulation, while the cryptocurrency has approximately 544,970 holders.
Ripple Mint raises questions about XRP utilityThe latest XRP price weakness coincides with the launch of Ripple Mint, a platform designed to give institutions a unified way to access, mint, redeem and manage Ripple's RLUSD stablecoin.
Announced on Wednesday, Ripple Mint aims to address some of the operational challenges associated with institutional use of RLUSD. The platform provides a dedicated interface with built-in controls and oversight, while also offering programmatic access for automation and system-level integrations.
Through Ripple Mint, institutions can mint and redeem RLUSD directly from the source, bridge the stablecoin across supported networks, monitor funds throughout the transaction lifecycle and integrate RLUSD into internal systems and workflows.
The launch has nevertheless renewed a longstanding debate surrounding XRP's role in Ripple's institutional strategy.
With RLUSD's market capitalization reaching approximately $1.5 billion, some market observers argue that growing adoption of Ripple's infrastructure does not necessarily create direct demand for XRP.
Institutions can use RLUSD for payments and settlement without needing to acquire XRP, potentially limiting the extent to which growth in Ripple's stablecoin ecosystem translates into buying pressure for the XRP token.
This dynamic has contributed to a more cautious market narrative around XRP, particularly as the token continues to struggle to establish sustained bullish momentum.
XRP approaches key technical supportThe three-day decline has pushed XRP toward approximately $1.09, bringing the cryptocurrency closer to a key trendline support level.
XRP is currently trading within a relatively narrow $1.06 to $1.10 range. At the same time, Bollinger Bands are beginning to contract again on higher timeframes, suggesting that volatility may be declining as the market enters another period of consolidation.
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Historically, extended periods of contraction and sideways trading have sometimes preceded significant moves in either direction. However, the current technical structure also raises the possibility of another prolonged period of range-bound price action if XRP fails to establish a clear catalyst for a sustained breakout.
For now, the combination of heavy long liquidations, declining spot trading activity and questions surrounding the relationship between RLUSD adoption and XRP demand is keeping the token under pressure.
A sustained move below the $1.06 support area could increase bearish sentiment, while a recovery above the upper end of the current range could provide bulls with an opportunity to regain momentum. Until either scenario develops, XRP may remain vulnerable to further volatility as leveraged traders reassess their positions.
Fears of Ripple burning its approximately 32 billion of XRP that is currently held in escrow have surfaced again in the crypto community. However, crypto commentator and Digital Ascension Group Chairman Jake Claver says that’s not possible as of now. He said that since the XRP Ledger is based on decentralized validator consensus, which could save the XRP in escrow from any kind of burn activities.
Can Ripple Burn Its 32 Billion XRP Held In Escrow? Based on XRPScan data, currently a stash of around 32.45 billion XRP is locked in escrow. Meanwhile, there’s approximately 67.53 billion XRP in circulation, and the total supply of XRP on the XRP Ledger is set at 100 billion.
Almost 1.44 million XRP has been permanently burned due to transaction fees. Hence, the total amount of XRP available to be burned is nearly 99.99 billion of which Ripple owns around 32% stake.
In response to the rumors swirling around X, Claver wrote, “‘Will Ripple just burn the escrow?’ They can’t.” He said that Ripple operates three out of 35 trusted validators, while any change to the protocol needs to get 80% of the validators to agree.
'Will Ripple just burn the escrow?' They can't. Ripple runs 3 of 35 trusted validators, and any change needs ~80% consensus. They can lock XRP in escrow, but torching supply takes 28 other independent validators voting yes. Decentralization, in practice. pic.twitter.com/PqVBCyQizr
— Jake Claver, QFOP (@beyond_broke) July 24, 2026
According to the video Claver attached to the post, Ripple cannot destroy the escrowed tokens with its own authority. “They have to have an 80% consensus in order to pass an amendment on the network,” he explained.
Thus, Claver declared: “They can’t burn it.” He added, They can escrow it, they can lock it. They can give it away, they can transfer it, but they cannot burn it without putting it to a vote for the UNL validators.” A similar vote to upgrade system was used recently to update the XRP Ledger v3.2.0 after its June 15 release.
Claver also brought attention to comments by Ripple CTO Emeritus David Schwartz in February 2024. “David Schwartz has explicitly said these words. Well, not verbatim, but pretty close in the tweets,” he added.
What Did Schwartz Say? Schwartz’s comments were made during a conversation regarding Ripple’s long-term XRP holdings. He said that the initial intent was to liquidate at a much faster rate than that.
“We were originally hoping to get our holdings way down in just a few years mostly using giveaways. That strategy just didn’t work,” Schwartz wrote. He added, “We don’t want to be holding lots of XRP for decades, but it’s not clear what other options we have.”
Thereafter, Schwartz rejected a suggestion from another X user to burn XRP from escrow every month to support XRP price. “If you’re thinking that will have some positive impact on the price, I don’t think there’s any reason to believe that,” he said.
For this, Schwartz referred to the token burn by Stellar which he said had “no real effect” on the XLM price. Schwartz also cross questioned the user on why Ripple would make such a not-so-profitable move.
I think people are looking in the wrong place. Look at this comparison of XRP versus XLM over one year and over several years. pic.twitter.com/9To8hee3vm
— David 'JoelKatz' Schwartz (@JoelKatz) February 19, 2024
He questioned, “Why would Ripple consider an option that doesn’t give it millions of dollars over an option that does give it millions of dollars when there’s no evidence of any benefits?” Stellar’s burn only depleted the foundation’s resources, he added.
In another response, Schwartz emphasized that despite a big token burn, the market did not budge as he shared several charts. “Stellar burned 53% of the supply and you can’t even find it on the XLM/USD chart, the XLM/BTC chart, or the XLM/XRP chart,” he wrote. The Ripple CTO Emeritus declared: “It just destroys something that has value.”
Stellar burned 53% of the supply and you can't even find it on the XLM/USD chart, the XLM/BTC chart, or the XLM/XRP chart. All they did was reduce their own resources. It just destroys something that has value.
— David 'JoelKatz' Schwartz (@JoelKatz) February 19, 2024
In conclusion, both Claver’s explanation and Schwartz’s previous comments indicate that Ripple will be unable to burn the escrowed XRP on its own. They also believe there is not much evidence that this would benefit XRP price at all, or even the entire ecosystem.
Crypto analyst ChartNerd has identified a repeating chart pattern in XRP’s trading history, describing it as a rare occurrence worth monitoring closely. In a recent social media post, he noted that a specific technical signal, known as the “Bull Switch,” has now appeared just four times since XRP’s inception.
Historical signals and chart analysisChartNerd, known for his technical analysis of digital assets, highlighted the significance of this signal by stating, “This signal has now flashed only 4 times in $XRP’s entire history of data.” He emphasized the importance of the pattern, connecting each previous occurrence to major market moves in past market cycles.
ChartNerd explained that previous Bull Switch signals coincided with notable market upswings in 2017, 2020, and 2022, adding, “These are not the kind of signs to be ignoring.” He suggested that 2026 may also trigger significant price action based on the current setup.
The indicator at the center of this analysis alternates between green and red trend bands. Each Bull Switch is marked when XRP’s price pulls back into the lower segment of a green band and subsequently recovers. ChartNerd’s chart displays black boxes around each historical signal, with arrows pointing to the precise moments when the pattern was activated.
Currently, XRP is trading near the lower margin of the green trend band after a significant pullback from its all-time high of $3.65 in July 2025. The asset has entered a period of consolidation around this support range, similar to the lead-up to previous Bull Switch cycles.
YearBull Switch TriggerXRP Market Reaction2017FirstMajor rally2020SecondUptrend follows2022ThirdPrice rebound2026Fourth (current)Pending outcomeThe pattern across XRP’s timelineReviewing XRP’s long-term price chart from 2014 to 2026, ChartNerd’s analysis isolates four points where the Bull Switch emerged. He argued that each occurrence lined up with a broader cycle trigger, and described the present formation as the fourth such event in the asset’s history.
Although ChartNerd did not issue a formal price target with his latest pattern analysis, he has previously mentioned the possibility of XRP reaching $27, contingent on continued bullish momentum driven by technical signals.
ChartNerd, a widely followed independent analyst, is recognized in the digital currency community for his data-driven approach to charting and interpreting technical indicators.
Mini dictionary: Bull Switch, in this context, refers to a technical indicator pattern where an asset’s price briefly dips into a key support zone (the lower end of a green trend band) before rebounding. It is often interpreted by traders as a potential signal for a positive price reversal.
XRP’s consolidation and outlookAccording to the analysis, the latest Bull Switch still dominates market attention. Traders are monitoring whether XRP can maintain its support at the current green band, as a sustained move may lead to a new price breakout if history repeats.
No precise timeline or guarantee of outcome accompanies this technical setup. However, XRP enthusiasts and market observers continue to watch closely, waiting to see if the rare historical pattern signals another major market move.
The recurring Bull Switch signal in $XRP’s chart has become a focal point for traders, who are weighing historical precedent against present conditions as they consider potential future price movements.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
As XRP continues to show mixed price action amid the recurring crypto market downturn, it appears that traders are beginning to lose confidence in its price potential.
Latest data from crypto prediction market Kalshi has shown traders betting on a 59% chance of XRP dropping further below the $1 mark as market uncertainty continues.
With the bets sitting at about 59%, it implies crypto traders on the platform see the outcome of XRP plunging below $1 this year as more likely than not.
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It is important to note that the traders placing the bets did not predict XRP's potential price with certainty. However, the predictions showcase the collective expectations of traders willing to risk capital on the outcome, suggesting that traders are increasingly losing confidence in the asset.
XRP in July breaks bearish trendXRP has continued to slip in and out of the bullish price zone, as its price struggles to retain positive momentum amid consistent market volatility.
This price inconsistency has seen XRP post several months of consistent losses despite frequent expectations of a potential price breakout.
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Nonetheless, XRP has delivered more positive price moves this month, as historic data from CryptoRank shows that the asset is up 5.6% so far this month, recovering from a six-month low of $1.01 after briefly touching $1.17 a few days ago.
While July has often proved to be a positive month for the crypto market, XRP has met the expectations of traders, delivering a decent gain of about 6% this month while extending a seven-year streak of steady positive July returns.
The XRP Ledger is advancing its capabilities in artificial intelligence payments by integrating Mastercard’s Verifiable Intent (VI) standard, through support from t54.ai. A recent upgrade has introduced the x402 Facilitator for XRP Ledger, enabling enhanced payment processing that leverages AI to authorize and assess risks before completing each transaction.
Mastercard Verifiable Intent integration on XRP LedgerThe x402 Facilitator, deployed on the XRP Ledger in February 2026, was developed to allow AI agents to purchase online digital goods and services using XRP or RLUSD, without requiring an account or API key. Developers are now able to incorporate Mastercard’s VI credential into the x402 payment flow. This upgrade enables each transaction to be cryptographically validated by proving who authorized the payment, the allowed spending amount, and the specific item or service being purchased.
The system uses an embedded risk engine in the XRPL Facilitator to automatically analyze every payment request, ensuring only properly authorized transactions proceed. According to t54.ai, the VI standard relies on the Mastercard Agentic Payments system, which supplies all the necessary data to process transactions initiated by AI-driven agents.
Verifiable Intent, based on Mastercard’s Agentic Payments system, brings together key verification factors—payment authorization, spending limits, and item identification—supporting secure automated payments on XRP Ledger.
As artificial intelligence increasingly automates digital processes, the need for infrastructure capable of supporting machine-to-machine payments is expected to grow. Mastercard’s Agent Pay for Machines (AP4M) seeks to meet this need by empowering machines to make authorized payments for users across Mastercard’s global payment network.
Ripple, the company overseeing the development of the XRP Ledger and known for its enterprise blockchain solutions, has entered into a partnership with Mastercard to contribute to the Agent Pay for Machines program. This collaboration began in June 2026, with Ripple participating in the initiative to further develop AI-based payment solutions.
Mini dictionary: Mastercard Verifiable Intent (VI) — A digital credential that verifies payment intent by authenticating the payment initiator, spending cap, and purchase details for secure AI-driven transactions.
XRP Ledger achieves agentic transaction milestoneThe ongoing development in the XRP Ledger’s payment ecosystem has resulted in the processing of over 1.4 million agentic transactions, according to figures published by t54.ai. These transactions were executed using the x402 Facilitator within the XRP Ledger, marking a rapid expansion of AI-based payments on the platform.
J. Akinyele, Head of Engineering at RippleX, described the state of AI payment infrastructure as being reminiscent of the early days of cloud computing. He emphasized the necessity for AI agents to eventually access payment systems that operate as seamlessly as current digital communication protocols.
Akinyele explained that reaching the milestone of a million processed transactions highlights early but meaningful progress, while also acknowledging that the technology remains in its formative stage.
He further suggested that the current achievements represent just the beginning for the XRP Ledger in adopting and scaling AI-powered payments, with significant advancements expected as the technology matures.
FeatureBefore UpgradeAfter UpgradePayment AuthorizationBasic validationMastercard VI credentialRisk AnalysisManual or limitedAutomated via risk engineAI Agent AccessAccount/API key requiredNo account/API key requiredMilestone TransactionsBelow 1 million1.4 million+The integration of advanced payment standards and support for autonomous agents indicates that the XRP Ledger aims to position itself as a frontrunner in enabling secure and seamless AI-driven financial transactions.
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.
Japan’s Civil Code, a foundational legal resource established in 1896, is rarely a subject of mainstream investment discussion. However, X Finance Bull, a well-known crypto analyst, has shifted attention to Article 589 of this code, urging investors to examine its connection to XRP and Japan’s approach to digital asset regulation.
Article 589 and Lending RulesArticle 589 of the Civil Code governs the accrual of interest in lending contracts. The provision specifies that interest is not automatically required unless expressly agreed upon between lender and borrower. When such an agreement exists, lenders are entitled to interest from the moment they transfer funds to the borrower. This legal framework applies broadly to lending transactions, including any involving digital assets.
Recent commentary from Yuto Kanzaki, an insider at the Bank of Japan, was highlighted by X Finance Bull. Kanzaki reportedly emphasized that Article 589 could become much more relevant than many market participants anticipate. He stated that international borrowers should not assume that prior approvals for refinancing or capital flow will automatically continue under the evolving regulatory climate.
Yuto Kanzaki noted that Article 589 is likely to be invoked more frequently as regulators intensify oversight of lending practices, especially in transactions involving foreign borrowers. He warned that borrowers depending on continual access to Japanese capital markets face increasing scrutiny as financial rules tighten.
XRP’s Role in Japan’s Financial InfrastructureX Finance Bull drew parallels between Article 589, regulatory momentum, and the strategic adoption of XRP in Japan. Over the years, Ripple and SBI Holdings have worked to integrate XRP into the national payments framework, developing robust digital asset infrastructure. This foundation, built in an environment of advancing regulation, positions XRP with potential advantages as legal and compliance requirements gain prominence.
The analyst also pointed out that 589 is a significant figure within the XRP community, commonly cited as a long-term price milestone. The synchronization of the Civil Code article with community narratives led to speculation about whether the association is purely coincidental or hints at deeper connections within the market’s evolution.
Regulatory Shifts and Market ImplicationsJapan continues to formalize its regulatory landscape for cryptocurrencies by incorporating digital assets into established financial oversight structures. This policy direction directly affects how payment networks, settlement platforms, and blockchain-based financial services develop and interact with both domestic and international market participants.
The insights attributed to Kanazaki reflect heightened vigilance over capital flows, particularly for borrowers and institutions reliant on Japanese refinancing channels. X Finance Bull did not forecast any price movement for XRP, instead highlighting how shifts in Japan’s refinancing standards may impact the infrastructure underpinning digital asset transactions.
As Japan applies more comprehensive regulatory scrutiny to digital finance, investors and market observers are watching how established players like XRP adapt within this environment. Technological platforms that offer portfolio management, price tracking, and macroeconomic data integration will become increasingly significant in navigating the country’s evolving financial rules.
Considering the increased necessity of monitoring regulatory and technical developments, market participants are turning to tools that centralize portfolio management. CryptoAppsy, which requires no account creation hassle, combines your crypto investments with real-time prices, detailed charts, and multi-currency portfolio management on a single screen. With this all-in-one financial assistant, you can instantly seize opportunities by setting up smart price alerts, filter news specific to your coins, discover newly listed altcoins without missing them, and always stay one step ahead of the market with critical macroeconomic data such as Fed interest rates.
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 stabilized near $1.09 as traders monitored whether the token could maintain the $1.08 support amid mixed market signals and weak momentum. The coin, which reported a 0.23% decline over the past 24 hours but remained up 0.46% for the week, saw trading volume reach $662 million, according to CoinGecko.
XRP’s history of bottoming before BitcoinCrypto analyst ChartNerd drew attention to the historical pattern of XRP establishing a market bottom ahead of Bitcoin during previous midterm election cycles. In June 2014 and June 2022, XRP set macro lows months before Bitcoin confirmed its bottom in the final quarter of those years.
XRP has previously set its macro floor a few months ahead of Bitcoin. In both June 2014 and June 2022—midterm years—the bottom arrived several months before Bitcoin’s confirmation in the fourth quarter.
This pattern, according to ChartNerd, lines up with larger market cycles historically connected to political calendars. If XRP holds $1.08 while Bitcoin marks a fresh low, there is a chance that XRP’s bottom could be in place before Bitcoin shows similar price action. However, analysts cautioned that past performance does not guarantee repetition.
ChartNerd also referenced 2018, another midterm year, when XRP’s losses persisted longer than Bitcoin’s, demonstrating potential deviations from the pattern. Every midterm cycle since 2014, including the current approximate 70% correction as 2026 approaches, has resulted in downward pressure for XRP.
Market data remains inconclusive, offering no clear direction as traders assess both historical precedent and current technical signals.
Mini dictionary: ChartNerd is a pseudonymous cryptocurrency market analyst known for studying chart patterns, historical cycles, and price behavior in digital asset markets.
$1.08 support zone faces pressureTrader Diana highlighted that XRP was trading around $1.095, with buying activity focused on defending the critical $1.08 support area. Technically, the 4-hour chart shows XRP positioned below a moving average cluster in the $1.11 to $1.12 range. The breakdown of former triangle support has intensified the pressure on the current price level.
The Relative Strength Index (RSI), a momentum indicator, rested near 39, below its signal line at 45, suggesting weak buying momentum. Two scenarios emerged from this technical structure. If XRP holds above $1.08 and reclaims the $1.11 to $1.12 range, this could pave the way for a move toward $1.145 and potentially $1.20, with a larger barrier at $1.29 to $1.30. Meanwhile, a decisive drop below $1.08 could prompt a slide to $0.91, with the $0.86 level flagged as deeper macro support. This latter move would represent a roughly 21% fall from current prices.
Support/Resistance LevelPriceCurrent Support$1.08Immediate Resistance$1.11–$1.12Next Resistance$1.145, $1.20, $1.29–$1.30Next Support if $1.08 Fails$0.91, $0.86Traders split on next moveTrader Jack described XRP as facing a pivotal test after its price dropped from near $1.15 back to $1.08, which he characterized as a make-or-break support zone.
After facing rejection near $1.15, XRP has pulled back to $1.08. If buyers hold this level, a move back towards $1.12–$1.15 is possible. If support fails, focus shifts to $1.05 as the next key area.
Jack noted that adapting to market price action is more effective than attempting to predict exact moves in advance. The divergence in trader signals reflects a broader uncertainty, with some referencing XRP’s history of early bottoming as a cause for cautious optimism. However, others emphasize that past cycles do not eliminate the possibility of deeper declines, as seen in 2018.
With $1.08 now seen as the decisive level, traders maintain a close watch, ready to react accordingly if the price breaks above resistance or falls through support in the sessions ahead.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Crypto analyst Steph Is Crypto has outlined a bullish scenario for XRP, suggesting the digital asset could be on the verge of a substantial price breakout similar to its strong move in 2024. Presenting side-by-side charts on X, he compared XRP’s current market structure with the accumulation period that led to its prior rally.
Chart analysis signals possible repeat of 2024 rallySteph Is Crypto pointed to a defined trading range where XRP has consolidated after a previous decline, describing this as an “Accumulation Window.” He argued that current price action reflects a setup nearly identical to the buildup before XRP’s earlier breakout, indicating the asset could be following the same upward trajectory.
Accompanying his post, Steph Is Crypto wrote, “XRP is on the verge of creating a new wave of millionaires over the next 2–3 months!” Two comparative charts displayed XRP’s prior multi-month sideways movement before an aggressive run higher, then positioned the current market inside a similar structure, suggesting another breakout may be imminent.
XRP may soon create a new wave of millionaires as it forms a pattern that closely matches the accumulation phase before its 2024 surge, Steph Is Crypto explained, highlighting comparable chart structures and projecting another strong advance.
A dotted trajectory on the new chart projects XRP moving beyond its current range, with a potential target near $4 if momentum follows historical patterns. This analysis places emphasis on broader accumulation trends rather than short-term fluctuations, with the suggestion that the next 2–3 months could prove crucial for XRP’s price action.
PeriodXRP Market StructureAnalyst’s Expected Outcome2024Sideways accumulation, then breakoutRallied to new local highs2026 (current)Similar sideways trading, range-boundPossible breakout toward $4Community reactions and regulatory factorsDespite the optimistic projection, not all community members were convinced. A notable reply from user Dapospapa questioned the forecast’s tight timeframe, referencing ongoing price weakness in XRP alongside increased attention on the CLARITY Act, a legislative effort closely watched by digital asset investors.
Dapospapa directly challenged the outlook, citing downward price movement even as regulatory developments captured market attention. He asked, “2–3 months? Seriously, it’s trending down on a day the CLARITY Act is hyped and possibly happening; please explain?”
Mini dictionary: CLARITY Act, a proposed US legislative measure aimed at providing regulatory clarity for digital assets and addressing the status of cryptocurrencies as securities or commodities.
Steph Is Crypto offered no further elaboration in response to the question, instead allowing his comparative charts and historical analysis to support his position. He remains confident that the resemblance between present and past market phases could precede another significant upward move in XRP.
Outlook remains uncertainWhether XRP will retrace a similar path to its 2024 rally is yet to be seen, as market conditions and regulatory factors continue to shape sentiment. The next few months are expected to be a key period for the asset, with both technical and legislative events likely to influence its trajectory.
While the chart similarities are notable, investors remain divided on whether XRP can achieve a breakout to $4 in the timeframe suggested by Steph Is Crypto, particularly amid evolving US crypto regulation.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Crypto analyst Digital Asset Investor has projected that XRP may experience a twentyfold increase from its current valuation. He is urging followers to take note of this target and claims the move could position XRP to overtake Bitcoin in total market capitalization.
The Bitcoin dominance debateDigital Asset Investor outlined his belief that Bitcoin’s current dominance stems from regulatory circumstances rather than underlying utility. He described Bitcoin as occupying a so-called regulatory monopoly, giving it a substantial advantage over other digital assets.
He argued that this scenario could shift if new policies or regulations prompt a change in how cryptocurrencies are classified. Under those circumstances, he predicts that utility-focused assets would gain ground at Bitcoin’s expense.
In his assessment, Bitcoin could eventually be seen as just another altcoin if its regulatory regime changes, losing the top-tier status it currently enjoys. He has singled out XRP as a key beneficiary, citing its potential to capture investment redirected from Bitcoin.
“When Bitcoin loses its regulatory monopoly and utility kicks in, XRP as well as others will replace Bitcoin and Bitcoin will become an altcoin.”
XRP price projectionReferencing research shared by crypto analyst SMQKE, Digital Asset Investor highlighted a report from asset manager WisdomTree. According to the report, XRP would need to surge 20x from its present price to match Bitcoin’s market capitalization.
The analyst considers such growth plausible if investor attention shifts toward assets with practical use cases. He asserts that as regulatory clarity improves across the industry, capital flows could increasingly favor projects with demonstrated utility.
Digital Asset Investor views XRP’s integration into cross-border payment systems and partnerships with traditional finance companies as evidence of its real-world value. He claims these factors enhance its prospects for attracting institutional interest in the near future.
Mini dictionary: WisdomTree is a US-based asset management firm known for offering exchange-traded funds (ETFs) and crypto market research reports.
AssetCurrent Market CapRequired XRP Price Increase to SurpassBitcoinLargest in crypto marketXRP must rise 20xXRPMuch lower than BitcoinTarget: 20x growth from current levelAnalyst’s confidenceDigital Asset Investor’s outlook is marked by conviction. He encourages followers to “write it down,” emphasizing his belief that the target can be reached as market dynamics evolve.
He tells his audience to document this forecast, indicating that, in his view, regulatory reforms and on-chain utility could position XRP for a historic rally.
The analyst referenced ongoing developments such as proposed legislation including the CLARITY Act, suggesting the legislative environment could quickly reshape the competitive landscape for cryptocurrencies like XRP.
He maintains that the alignment of regulatory clarity and market interest could help XRP achieve the projected value increase. For XRP holders, the key message is that the path for significant appreciation may depend on wider industry developments and potential regulatory shifts.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Crypto market commentator Michelle Kirby has publicly declared her intention to hold XRP beyond the $100 mark, while suggesting that the majority of investors will not wait for such high price levels.
Kirby, known for her analysis in the digital asset community, recently wrote on X that roughly 98% of people are likely to sell their XRP holdings once the price reaches $10 to $50. She asserted her commitment to hold until XRP trades above $100 and asked who else in the community planned to join her.
98% of people are expected to sell their XRP between $10 and $50. Kirby emphasizes her intent to remain invested and reach a price above $100.
Her perspective appears to resonate with several prominent figures in the crypto sector. The $100 target for XRP has been discussed by multiple analysts who consider it achievable within the current market cycle.
Time Traveler, a well-followed commentator, previously stated on X that 2026 could be the year XRP exceeds $100. He cautioned against specifying a timeline for financial success but maintained that the asset holds significant potential, especially when considering its possible role in the financial ecosystem by 2050.
Bird, an analyst and developer recognized in the XRP community, has also supported the $100 price point. In his post, Bird wrote, “XRP will be $100+,” attributing his optimism to the XRP Ledger’s ability to support real-world asset tokenization.
Mini dictionary: XRP Ledger, the underlying blockchain for XRP, enables fast, low-cost transfer and settlement of both cryptocurrency and tokenized real-world assets. Its unique consensus protocol sets it apart from traditional proof-of-work blockchains.
XRP projections beyond $100Other analysts have set even higher targets. Jake Claver, another cryptocurrency commentator, outlined a $750 price projection for XRP by the end of 2026. He based his forecast on statements from Ripple president Monica Long, who said that full-scale institutional blockchain adoption could be realized within the same timeframe.
While the $750 target sparked debate and skepticism among market participants, it reflects a growing sentiment that higher XRP prices are possible if institutional interest accelerates. Many view the $100 milestone as a launching point rather than a final destination for the digital asset.
AnalystTarget PriceTarget YearRationaleMichelle Kirby$100+Not specifiedLong-term holding through bull cyclesTime Traveler$100+2026Market cycle and long-term adoptionJake Claver$7502026Institutional adoption as cited by RippleInvestor behavior in bull cyclesKirby’s post spotlights a recurring theme in crypto markets: many investors buy during periods of low prices but depart the market before higher, more ambitious price targets are hit. By expressing her aim to hold until at least $100, Kirby identifies with the smaller segment of investors who are willing to withstand larger market swings for potentially greater returns.
Some analysts warn that those who sell at $10 or $50 might miss significant future gains if long-term projections materialize.
In response to a community member who suggested it could take until 2030 for XRP to achieve the $100 milestone, Kirby replied that she expects this level to be reached sooner than many anticipate. She cited analyst sentiment that prices could rise to as high as $1,000 by 2030, reinforcing the possibility of upside for those who maintain their positions.
These viewpoints continue to spark debate across the XRP community, as investors weigh the prospects of holding through multiple market cycles to achieve higher price targets.
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.
Kripto para piyasasında haftalık görünüm pozitif seyrini korurken, analistler Ethereum (ETH), XRP, Cardano (ADA), Binance Coin (BNB) ve Hyperliquid (HYPE) gibi altcoinler için önemli destek ve direnç seviyelerine dikkat çekti. Değerlendirmeye göre Ethereum ve Cardano toparlanma sinyalleri verirken, XRP yatay seyrini sürdürüyor. BNB zayıf görünümünü korurken HYPE için ise düzeltme riski öne çıkıyor.
Ethereum 2.000 dolar direncine yaklaştı Ethereum son bir haftada yaklaşık %3 yükseldi. Haziran sonundan bu yana alıcıların güç kazanmasıyla başlayan toparlanma hareketi, 1.500 dolar desteğinin korunmasının ardından hız kazandı.
Analistler, şimdi gözlerin 2.000 dolar seviyesine çevrildiğini belirtiyor. Bu seviyenin güçlü bir psikolojik direnç oluşturabileceği ve kısa vadede satış baskısını artırabileceği ifade ediliyor.
Buna karşın Ethereum’un uzun vadeli düşüş trendinden tamamen çıkabilmesi için 2.000 doların destek seviyesine dönüşmesi gerektiği vurgulanıyor.
XRP 1,20 dolar direncini aşmakta zorlanıyor XRP de haftayı yaklaşık %3 yükselişle tamamladı. Fiyatın 1 dolar desteğinin üzerinde kalması olumlu değerlendirilirken, 1,20 dolar seviyesindeki direncin henüz aşılamaması dikkat çekiyor.
Analistler, işlem hacmindeki kademeli düşüş nedeniyle XRP’nin güçlü bir kırılım gerçekleştirecek momentuma sahip olmadığını düşünüyor. Şubat ayındaki sert düşüşün ardından yatırımcı ilgisinin tam olarak geri dönmediği belirtiliyor.
Yine de fiyatın 1 dolar üzerinde kalmayı sürdürmesi, satış baskısının sınırlı kaldığını gösteren önemli bir gelişme olarak değerlendiriliyor.
Cardano yükseliş sinyali veriyor Cardano haftalık bazda yaklaşık %6 değer kazanarak incelenen altcoinler arasında en güçlü performansı gösterdi.
Analistler, fiyat grafiğinde oluşan omuz-baş-omuz dönüş formasyonunun ardından 0,15 dolar desteğinin korunmasını olumlu görüyor. Ancak kalıcı bir trend değişiminin teyit edilmesi için daha yüksek dipler ve daha yüksek zirveler oluşması gerektiği belirtiliyor.
Bu senaryoda 0,25 dolar seviyesinin aşılması kritik önem taşıyor. Ayrıca haftalık MACD göstergesinin yükseliş sinyali üretmesi, satıcıların güç kaybedebileceğine işaret ediyor.
BNB zayıf görünümünü sürdürüyor Binance Coin son bir haftada kayda değer bir yükseliş gösteremedi. Analistlere göre 580 dolar direnci aşılmadığı sürece fiyatın yatay hareketini sürdürmesi veya daha düşük seviyeleri test etmesi olası görünüyor.
Azalan işlem hacmi ve volatilite de alıcıların piyasaya yeterince güçlü dönmediğini gösteriyor. Değerlendirmede, Avrupa Birliği’ndeki son düzenlemelerin de BNB üzerindeki talebi sınırlayan faktörlerden biri olabileceği ifade edildi.
Bu nedenle analistler, olası geri çekilmelerde 500 dolar seviyesini önemli destek olarak izliyor.
HYPE için düzeltme uyarısı Hyperliquid (HYPE) ise haftayı yatay tamamlasa da son bir ayda yaklaşık %5 değer kaybetti. Analistler, fiyatın 60 doların altında kalmasının satış baskısını artırabileceğini belirtiyor.
60 dolar seviyesinin altında kalıcılık sağlanması durumunda daha geniş çaplı bir düzeltmenin başlayabileceği ifade edilirken, 56 ve 52 dolar seviyeleri önemli destek noktaları olarak öne çıkıyor.
Önümüzdeki günlerde altcoin piyasasının yönü, Bitcoin’in fiyat hareketi ve kritik direnç seviyelerinin aşılıp aşılamayacağına bağlı olacak.
Bu içerik genel piyasa verilerine dayanır ve yatırım tavsiyesi değildir. Kendi araştırmanızı yapmanızı öneririz.
Son Dakika kripto para haberleri için hemen tıkla.
Konu ile ilgili yorumlarınızı bize yazabilirsiniz. Ayrıca, bu tarz bilgilendirici içeriklerin devamının gelmesini isterseniz, bizleri Telegram, Youtube ve Twitter kanallarımızdan takip edebilirsiniz.
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A unique situation has emerged in the XRP market: while Ripple continues expanding its business, the token itself risks falling into a deep two-year sleep. A fresh technical analysis based on Bollinger Bands via TradingView shows that the chart is now effectively projecting the previous accumulation cycle of 2022–2024.
The conclusion of the mathematical model is harsh — a breakout from the prolonged sideways trend is not expected until August 2028.
XRP price history repeats itselfThe logic behind the long-term forecast is simple: XRP, like any other established cryptocurrency, tends to repeat its own cycles. Between 2022 and 2024, the token spent 791 days in deep accumulation, after which a powerful impulse pushed the price to a peak of $3.55, after which a gradual correction began.
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Right now, XRP is trading within the $1.06–$1.10 range, while the Bollinger Bands are beginning to contract again on higher time frames. If the historical pattern repeats, the asset could face another two years of horizontal price action — dull and exhausting for speculators.
XRP price outlook in context of Bollinger Bands and 791-day accumulation from 2022-2024, Source: TradingViewThe current news environment clearly explains why the Bollinger Band model has a strong chance of materializing in practice, and institutional interest in U.S. spot XRP ETFs fading to a symbolic $2 million–$12 million per week is a stark proof of this scenario.
At the same time, the launch of the Ripple Mint platform for the RLUSD stablecoin, which has a market capitalization of $1.5 billion, reinforced the skeptical view — banks are adopting Ripple's infrastructure, but they do not need to purchase XRP itself for settlements.
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The situation is further complicated by the political deadlock in the United States, where Polymarket currently places the probability of the CLARITY Act being passed this year at only 42%.
As a result, the current balance of power in the market comes down to two key scenarios:
Bearish case: The absence of organic demand from banks, declining ETF inflows, and regulatory deadlock deprive the token of growth drivers, forcing retail investors to sell their holdings.Bullish case: Large wallets, or whales, are aggressively buying the supply sold by capitulating investors, forming a reinforced price floor ahead of a powerful technical Bollinger Band breakout.As the market remains constrained by uncertainty and the absence of retail demand, XRP is entering another phase of long-term accumulation, and in the worst-case scenario, investors may have to remain patient until the end of summer 2028.
XRP’s price has been holding above a key trendline support level lately, despite the broader trend being under strong bearish pressure. In fact, the altcoin has continued to trade below its key daily moving averages too.
However, recent developments around the Ripple ecosystem might give investors something new to watch.
Over the past few days, Ripple has expanded its institutional footprint while the XRP Ledger hit another milestone in network adoption. The question now is whether improving fundamentals can translate into stronger price action.
Ripple strengthens its enterprise ecosystem Ripple is in the news today after announcing a strategic investment in Notabene, a compliance platform that connects more than 2,300 financial institutions across over 100 jurisdictions.
The move is designed to strengthen RLUSD’s institutional infrastructure by helping businesses meet global compliance requirements before transactions are processed. It follows Ripple’s broader effort to position RLUSD for cross-border payments and regulated financial services.
At nearly the same time, the XRP Ledger crossed 1 million agentic transactions.
Unlike traditional transfers, agentic transactions are executed by AI agents and automated systems without requiring direct human input. Ripple believes the figure could eventually climb beyond 10 million as more automated financial applications are built on the network.
Both developments are proofs that Ripple is expanding beyond payments and building infrastructure.
What about the market activity? Ripple’s market activity has shown no significant changes over the last 24 hours. At the time of writing, the number of active addresses had flattened at around 14.5K, following gains of just 0.3K.
The lack of activity highlighted investors’ behavior as they seemed to be averse to observing the next price moves.
Source: CryptoQuant Trendline support will be key for the next price move And yet, despite the positive news, XRP’s price is yet to break out. At press time, the token was still trading below every Exponential Moving Averages on the daily chart.
The three-day bearish run pushed the token’s price to $1.09, with the same approaching a key trendline support too.
Price reaction at this point will determine XRP’s price trajectory. A break below the support level will extend the current bearish run to $1. A more significant correction cannot be overruled either.
This hypothesis was also based on the token’s momentum indicators leaning bearish. For instance, the XRP Stochastic RSI had a reading of 81.64 — Evidence that the token was in an overbought zone despite aggressive selling pressure.
Source: TradingView Final Summary Ripple strengthened its institutional ecosystem through a strategic investment in Notabene after XRP Ledger’s major update. XRP continues to hold above the $1.05 support level, despite trading below key daily moving averages.
MoonPay has introduced Discover card support to its US payment platform, enabling eligible customers to purchase and sell thousands of cryptocurrencies using Discover-branded cards. The move places Discover alongside Visa and Mastercard as accepted credit card networks on the MoonPay platform, increasing payment flexibility for US-based crypto users.
Discover joins Visa and Mastercard on MoonPayWith this integration, US users can now fund crypto transactions through Discover, in addition to previously supported card networks and payment options such as Apple Pay, Google Pay, PayPal, Venmo, and standard bank transfers. The expansion allows cardholders to buy and sell prominent digital assets including Bitcoin, Ethereum, BNB, XRP, Solana, TRON, Hyperliquid, and Zcash.
MoonPay, founded in 2019, has established itself as a global leader in cryptocurrency payment infrastructure, serving over 30 million customers in 180 countries. The company also supports more than 500 enterprise clients in sectors ranging from crypto exchanges to wallets and fintech platforms.
The addition of Discover provides businesses integrating MoonPay’s solutions with immediate access to the network, removing the need for additional technical integration work. This benefits both end users and enterprise customers seeking broader payment coverage.
Richard Harrison, Vice President of Banking and Payments Partnerships at MoonPay, stated that expanding payment methods aims to reduce barriers preventing users from completing crypto transactions. He explained that the goal is to let customers access digital assets with the payment cards and methods they already use daily.
Expanding access to payment methods like Discover helps remove friction points and gives customers more options to buy digital assets with familiar tools.
Although MoonPay now officially supports Discover, transaction approvals will still depend on policies set by the financial institution that issued the card. Issuer-specific fraud controls, compliance standards, and risk assessments determine whether any given purchase can proceed.
This represents Discover’s most significant move into crypto payments so far. While Visa and Mastercard have built deep partnerships with exchanges and payment firms, Discover has traditionally maintained a limited presence in the space.
The MoonPay partnership could signal a larger role for Discover as crypto adoption expands in mainstream finance.
Mini dictionary: MoonPay, founded in the United Kingdom in 2019, specializes in crypto payment processing and on-ramping services, offering regulated access to hundreds of digital assets for both retail and enterprise customers globally.
Card NetworkSupported by MoonPayAvailability for Crypto PurchasesVisaYesYesMastercardYesYesDiscoverYesYes (dependent on issuing bank’s policy)Compliance and issuer restrictionsDespite MoonPay providing the technical capability, approval for crypto transactions using Discover cards ultimately remains at the discretion of each card-issuing bank. Regulatory requirements, anti-fraud systems, and internal compliance measures can lead to variable outcomes for individual cardholders.
Approval success will likely differ by institution, with some banks permitting crypto purchases and others blocking them on policy grounds. This means that while millions of Discover cardholders are now potentially eligible to participate in the cryptocurrency market through MoonPay, actual availability will vary.
Card availability still depends on the issuer’s stance, as banks control whether Discover cards can complete transactions for digital assets on MoonPay.
MoonPay’s integration of Discover builds on the company’s broader strategy to streamline digital asset access for both retail and institutional clients. Earlier this year, MoonPay launched AI-powered agents capable of creating self-custodial wallets and executing blockchain transactions autonomously. This reflects a continued push to innovate at the intersection of traditional payments and digital finance.
The partnership with Discover reflects ongoing efforts from MoonPay to bridge the gap between conventional banking and the emerging world of cryptocurrencies, offering more regulated entry points for new investors.
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.
Is it all about XRP and its price or all Ripple moves matter to investors?
If you spend enough time on Crypto X (formerly Twitter) or Reddit or any other social media with a bias toward cryptocurrencies, as we tend to do, you will notice an interesting pattern regarding XRP and the company behind it.
While Ripple continues to expand with new licenses, partnerships, regulatory approvals, and even acquisitions, the majority of comments are focused on its native token’s price performance. So, do people actually care about Ripple, or is it all about XRP’s next big run?
Ripple Keeps Growing Before we dive into our findings, let’s first apologize to any XRP Army participants who might not fall under this category. After all, its community is one of the biggest and loudest online, and we don’t want to rattle any cages.
Now, let’s talk about how big Ripple has become in recent years. The company, which was once sued by the SEC and whose execs considered shutting down, launched its own stablecoin less than two years ago, which has now become a $1.6 billion asset.
Ripple has also invested heavily in institutional infrastructure, such as the acquisition of Hidden Road (now called Ripple Prime), acquired other businesses, launched services for tokenized assets, rolled out AI-focused developer tools for the XRP Ledger, and continued pushing cross-border payments.
Unlike previous cycles, the company is no longer known only for payments, as it now operates across stablecoins, custody, tokenization, institutional finance, and even dev tooling. From a business and expansion perspective, 2025 and 2026 have been the firm’s busiest and arguably most successful years to date.
Yet, almost none of those announcements translated into immediate price moves for the underlying asset.
You may also like: Ripple Doubles Down on RLUSD With Mint Launch and Notabene Investment Relief Rally or Bull Trap? Why This Analyst Says XRP Is Heading Below $1 XRPL Reserve Debate Splits Community Over Adoption vs Security Retail Investors Still Obsessed by XRP Only Despite all of those developments, XRP rocketed mostly after it became known that Gary Gensler would step down from his role at the SEC, which essentially marked the beginning of the end of the legal spat between the two. It peaked just over a year ago, and it has been mostly downhill since then. Even the ETF launches in November didn’t result in the promised price gains.
To many market participants, Ripple is simply the company behind the token. And, they don’t directly buy shares of that company; they accumulate XRP. If a banking partnership doesn’t increase the demand for the asset immediately, they don’t really care about it. If RLUSD’s expansion doesn’t benefit XRP somehow, they stand aside.
This partly explains why Ripple-related headlines often generate less excitement than XRP price movements, whale accumulations, or technical analysis. We have seen this firsthand.
As such, even though Ripple and XRP will forever remain connected, it still means that the former can generate revenue without affecting the latter, while the token can rally due to factors not related to the company behind it.
Search trends, social media engagement, and trading activity all point in the same direction: traders are consistently attracted to XRP far more than Ripple itself.
Fresh comments from Patrick Witt, the White House’s lead crypto advisor, have clarified expectations surrounding the Digital Asset Market Clarity (CLARITY) Act as lawmakers prepare for their August recess. The Biden administration stated that, although the bill is not expected to receive Senate approval before August, efforts remain underway to ensure it advances procedurally in the coming weeks.
Thune’s remarks and Witt’s responseSenate Majority Leader John Thune recently indicated that the CLARITY Act was unlikely to pass the Senate ahead of the August break, a view echoed by the White House. Despite this, both sides continue to express optimism about achieving meaningful progress on the legislation before Congress departs for summer recess.
Asked about Thune’s comments, Patrick Witt explained that the administration’s approach has remained consistent throughout negotiations. Witt and his team, which includes White House AI and crypto advisor David Sacks, have pushed for a bipartisan outcome over the past year, maintaining that the bill deserves a Senate vote.
Witt agreed that Thune’s assessment of timing is correct, but emphasized the Senate will remain in session at the beginning of August. He suggested lawmakers should not completely rule out further action before the formal start of recess.
In his update, Witt noted that while some senators have grown less optimistic, his own discussions point to building support for advancing the bill to a floor vote.
Patrick Witt reiterated that although a final vote on the CLARITY Act prior to August remains unlikely, ongoing talks could still allow for procedural progress in the Senate and strengthen the bill’s momentum.
Focus shifts to procedural advancementThe White House has recently shifted its focus from securing passage before the recess to ensuring the CLARITY Act continues to move through the legislative process. This adjustment comes as competing legislative priorities crowd the Senate calendar just before August.
Negotiations remain challenging, especially regarding proposed ethics rules. Democrats are advocating for stricter limitations on lawmakers’ participation in crypto-related companies, while Republicans and the White House have presented differing proposals that have yet to unify bipartisan support.
Despite these hurdles, Witt and senior administration officials still anticipate that the CLARITY Act will reach the Senate floor for initial voting procedures. Advancing the bill in this manner would help maintain momentum and set up further debate when Congress returns from recess.
Diana, an active voice in the digital asset community, commented that the administration’s shift in expectations reflects a tactical change rather than a weakening in commitment. She indicated that, although a delay appears inevitable, the White House remains determined to see the CLARITY Act make concrete legislative progress in the coming weeks.
Mini dictionary: Patrick Witt is the principal cryptocurrency advisor at the White House, helping to shape the Biden administration’s approach to digital asset legislation and coordinate with lawmakers on bipartisan crypto policy initiatives.
Legislative outlook and next stepsWith Congress facing a packed agenda as the August recess nears, negotiation delays could push any decisive action on the CLARITY Act into the fall session. However, administration insiders say procedural steps such as introducing the bill to the Senate floor remain feasible in the remaining days of July and early August.
Such movement would position the CLARITY Act—designed to clarify digital asset regulations in the US—for further debate and eventual voting after the summer break.
Witt’s latest remarks highlight continued White House support for the CLARITY Act, with officials seeking to ensure it keeps progressing despite a crowded Senate schedule.
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.
25 July 2026 | 12:17 XRP trades at $1.08 after decisively trading below the rising support that had defined its consolidation since late June.
Key Takeaways XRP closed yesterday below the rising support of its recent consolidation pattern. Upbit’s XRP reserve fell to its lowest level since May; Binance remains 200M XRP below its March peak. Spot XRP ETFs recorded zero net flows for three straight days after inflows on July 20 and 21. The break is not a marginal poke – price now sits roughly $0.10 under where that trendline currently projects – and it arrives with XRP already trading beneath its 50-day moving average near $1.1.
Daily XRP technical price chart / Source: TradingView A Decisive Break, Not a Bounce Consolidation patterns like this one represent a tug-of-war between buyers and sellers. Just days earlier, whale accumulation had XRP compressing toward the $1.16 breakout trigger, with the same rising support line and horizontal ceiling defining the range. That setup has now resolved – but to the downside. When price closes outside the lower boundary rather than bouncing toward the apex, it signals sellers overwhelming buyers at that level rather than a routine test of support.
As long as XRP respected the rising trendline, the chart maintained a sequence of higher lows. Slicing below it breaks that sequence and turns the former floor into a ceiling – a structural shift that flips short-term bias to the downside.
Exchange Reserves Diverge Across Venues According to an analysis shared by CryptoQuant analyst Amr Taha, XRP reserves are moving in different directions depending on the venue: Upbit has slid to a multi-month low, Binance remains well below its March high, and Bithumb has returned close to its late-May level.
Reserve declines alone don’t determine whether XRP is being moved into self-custody, transferred between platforms, or redistributed elsewhere, but the divergence is a relevant input alongside the bearish price action.
Exchange Current Reserve Change From Recent Peak Upbit ~6.43B XRP (lowest since May) -85M XRP (-1.3%) from May 30 high of 6.515B Binance ~2.60B XRP -200M XRP (-7.1%) from March 17 high of 2.80B Bithumb ~1.83B XRP Near late-May level ETF Demand Goes Quiet Institutional flows into spot XRP ETFs have paused with daily net inflows registered $0.00 for three consecutive sessions – July 22 through 24 – following a $5.66 million inflow on July 21 and $2.49 million on July 20.
The pause follows a stronger stretch earlier in the month, when ETFs logged their largest single-day inflow of July on July 16, per SoSoValue. A stall in demand at the same time the technical structure is breaking down removes one potential offset to the price action, though it doesn’t by itself confirm further downside.
What Could Change the Picture Reclaiming the broken trendline, now overhead near $1.15–$1.17, would repair the structure and open a retest of the pattern’s flat ceiling, with the 50-day average the first hurdle along the way. Short of that reclaim, any bounce reads as relief inside an invalidated setup rather than a recovery.
Continued weakness exposes the $1 psychological zone, which also lines up with the pattern’s measured-move target. A close below it would mark the first sub-dollar print since November 2024.
Ascending triangles resolve upward more often than they resolve downward, which makes this clean break lower a meaningful tell. RSI near 44, sitting under its signal line, points to fading momentum rather than an oversold bounce setup, and price remains below all three major moving averages, keeping the broader trend firmly down.
Disclaimer: This content is for informational purposes only and should not be treated as financial or investment advice. Markets are volatile, and past chart behavior doesn’t guarantee future results. Make your own decisions and consult a professional before trading. Methodology: Technical levels are sourced from the daily XRP/USD Coinbase chart via TradingView (July 25, 2026); exchange reserve figures come from CryptoQuant report, and ETF flow data is from SoSoValue. Author
Alex is Editor-in-Chief of Coindoo and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
XRP Price Prediction: Ripple Token Spot Demand Hits Highest Since June Ad Disclosure
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XRP price is trading around the $1.10 to $1.12 range after slipping 2% over the past day. This XRP prediction comes as price action softens despite steady spot buying. The more interesting story is not the decline, but what is happening underneath it. Spot demand has climbed to its strongest levels since June, while derivatives traders remain cautious.
That divergence matters because it often appears before a decisive move. Buyers continue absorbing supply, yet leveraged traders remain hesitant. As a result, XRP could either reclaim recent highs or face another round of selling if support gives way.
Recent technical signals show XRP struggling to hold above the $1.14 area after its weekly advance. Short-term momentum cooled as profit-taking emerged, although the MACD still favors buyers. Meanwhile, the Relative Strength Index recently reached overbought territory, suggesting upside could remain limited without fresh demand.
XRP USD, TradingviewMarket sentiment remains cautious even with stronger spot accumulation. That disconnect is worth watching because pessimistic positioning sometimes fuels sharp rebounds. However, if buyers fail to defend the current range, sellers could regain control before another recovery attempt develops.
Institutional adoption narratives and ETF-related speculation continue supporting the medium-term outlook for XRP. At the same time, Ripple developments add another fundamental layer alongside the technical picture. Even so, resistance near recent highs remains the level to beat before bulls can regain full control.
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XRP Price Prediction: Reclaim $1.20 Before the Next Major Resistance at $1.48?XRP price is trading around the $1.10 to $1.12 range after slipping roughly 2% over the past day. This XRP prediction comes as price action softens despite steady spot buying. The more interesting story is not the decline, but what is happening underneath it. Spot demand has climbed to its strongest levels since June, while derivatives traders remain cautious.
That divergence matters because it often appears before a decisive move. Buyers continue absorbing supply, yet leveraged traders remain hesitant. As a result, XRP could either reclaim recent highs or face another round of selling if support gives way.
Recent technical signals show XRP struggling to hold above the $1.14 area after its weekly advance. Short-term momentum cooled as profit-taking emerged, although the MACD still favors buyers. Meanwhile, the Relative Strength Index recently reached overbought territory, suggesting upside could remain limited without fresh demand.
Market sentiment remains cautious even with stronger spot accumulation. That disconnect is worth watching because pessimistic positioning sometimes fuels sharp rebounds. However, if buyers fail to defend the current range, sellers could regain control before another recovery attempt develops.
Institutional adoption narratives and ETF-related speculation continue supporting the medium-term outlook for XRP. At the same time, Ripple developments add another fundamental layer alongside the technical picture. Even so, resistance near recent highs remains the level to beat before bulls can regain full control.
Trade XRP on Bybit and Get a Chance to Win Our $1,000 USDT Airdrop
LiquidChain Targets Early-Mover Positioning as XRP Tests Key ResistanceXRP’s spot demand spike is a legitimate signal, but at $1.14, the risk/reward on a near-term trade is compressed between a stubborn resistance ceiling and an overbought oscillator. Traders looking for asymmetric exposure in this environment are increasingly eyeing early-stage infrastructure plays where price discovery hasn’t happened yet.
LiquidChain ($LIQUID) is a Layer 3 infrastructure project building what it calls a unified cross-chain execution environment. It is fusing Bitcoin, Ethereum, and Solana liquidity into a single settlement layer.
Liquid’s architecture centers on a Deploy-Once model: developers ship once, access all three ecosystems simultaneously, with verifiable settlement and single-step execution across chains.
The presale is currently priced at $0.01483, with $917K raised to date. That figure is climbing, and early-stage pricing at this level won’t persist indefinitely as the round progresses. Institutional demand signals tracked alongside this raise add context,too.
Research LiquidChain before making any allocation decision.
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Agent payments on the XRP Ledger now support Mastercard's Verifiable Intent standard, according to a recent X post by t54.ai, an AI infrastructure company building an agentic economy on the XRPL.
The x402 facilitator went live on the XRP Ledger in February 2026, allowing AI agents to pay for services using XRP and RLUSD with no need for an API key or accounts.
According to t54.ai, developers can prove through the x402 Facilitator who authorized a payment, under what limits, and for which purchase, and Trustline screens it before settlement. They can also attach a Mastercard-aligned Verifiable Intent (VI) to their x402 payments so every request agents make is automatically run through the XRPL Facilitator's risk service.
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Verifiable Intent (VI) is a cryptographic proof, carried alongside an x402 payment, that answers three questions a risk engine needs before it trusts an autonomous payment: who authorized it, under what limits, and for exactly which transaction. It follows the Mastercard Agentic Payments / Verifiable Intent standard.
The rise of AI has created new ways to buy and sell goods and services and now requires a new class of payments.
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As part of this push, Mastercard introduced the Agent Pay for Machines (AP4M) service, which will allow payment transactions to be permissioned, orchestrated, and settled at machine speed across its global payments network.
Ripple joined the ecosystem supporting Mastercard's Agent Pay for Machines initiative in June 2026, helping to validate new use cases, establish common rules, and accelerate adoption.
XRPL hits 1.4 million agentic transactionsThe agentic economy on the XRP Ledger is growing, with over 1.4 million agentic transactions settled through t54's x402 facilitator on the XRPL.
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Responding to this milestone, RippleX head of engineering J. Akinyele compared the current state of agentic payments to the early days of cloud infrastructure, when the potential was obvious but the tooling and standards were still being developed.
Akinyele said that as AI agents become more capable, they will require seamless payment infrastructure similar to how they already exchange data, adding that the XRPL is in the early stages of what is possible.
"Crossing 1M agentic transactions on the XRPL is an exciting milestone, but I believe we're still in the early stages of what's possible," Akinyele said in an X post.
Key Highlights XRP has fallen to $1.09 following three consecutive days of losses, now positioned beneath all major exponential moving averages on the daily timeframe Ripple announced a strategic stake in Notabene, a regulatory compliance solution serving over 2,300 financial entities spanning more than 100 countries The XRP Ledger achieved a milestone of 1 million AI-driven agentic transactions, with Ripple forecasting expansion beyond 10 million Technical analyst CryptosBatman identified a bearish pattern breakdown, cautioning that downward momentum persists until the 200 EMA is recovered The Stochastic RSI for XRP reads 81.64, signaling overbought territory even amid persistent downward price action XRP is presently valued at $1.09, hovering narrowly above a critical trendline support zone. The digital asset has experienced downward momentum across three straight trading sessions and trades beneath every exponential moving average on the daily chart.
[[IMG_4]]XRP Price Even with several encouraging announcements from Ripple throughout the week, the token’s price has failed to generate any bullish response.
Ripple revealed a strategic capital allocation into Notabene, a regulatory compliance infrastructure provider linking more than 2,300 financial organizations across over 100 global jurisdictions. This initiative seeks to bolster RLUSD’s institutional framework and assist enterprises in satisfying compliance standards prior to transaction execution.
The development aligns with Ripple’s broader strategy to establish RLUSD as a credible solution for international payment flows and compliant financial operations.
Simultaneously, the XRP Ledger achieved a significant benchmark by surpassing 1 million agentic transactions. These represent transactions carried out by artificial intelligence agents and automated platforms, operating independently of direct human intervention. Ripple anticipates this volume could ultimately exceed 10 million as additional automated financial solutions emerge on the platform.
🚨LATEST: The XRP Ledger has surpassed 1 million agentic transactions, with RippleX (@XRPLF) expecting the network to surpass 10 million soon and potentially reach 100 million within the next couple of years.
Agentic transactions are executed by AI agents and automated systems,… pic.twitter.com/t01g1XGx0g
— Cryptic (@Cryptic_Web3) July 23, 2026
In the previous month, Ripple introduced an AI development toolkit and incorporated the X402 payment standard to facilitate developers in constructing agentic AI payment systems on the XRP Ledger. Since implementation, the ledger has witnessed increased engagement, now exceeding 1.4 million total agentic transactions.
Technical Weakness Continues Market analyst CryptosBatman issued a cautionary message on X, indicating that XRP has validated a bearish chart pattern. He observed that price action has surrendered both the rising trendline and the 200 EMA on the 2-hour chart, and that downward forces maintain dominance until the 200 EMA is successfully recaptured.
$XRP confirmed a bearish breakdown.
Price lost both the ascending trendline and the 200 EMA on the 2H timeframe
Until the 200 EMA is reclaimed sellers remain in control. pic.twitter.com/hJkvft7gMr
— BATMAN ⚡ (@CryptosBatman) July 24, 2026
Blockchain metrics support this technical perspective. Active wallet addresses have stabilized near 14,500, increasing by merely 300 during the most recent measurement period. This indicates market participants are predominantly adopting a wait-and-see approach.
The Stochastic RSI indicator for XRP registers 81.64, positioning the asset in overbought conditions, despite ongoing downward price momentum. This conflicting signal has captured the attention of market participants.
Critical Price Level in Focus A failure to maintain the present trendline support could drive XRP down to the $1.00 psychological threshold. Maintaining position above this support is considered essential for any prospective bullish reversal.
XRP maintains a market capitalization of $71 billion, with 62.46 billion tokens currently circulating from a total maximum supply of 100 billion. Ripple systematically releases supplementary tokens from its escrow reserves on a scheduled basis.
XRP maintains its position above the $1.05 support zone as market participants monitor for the next significant price movement.
Ripple continues to expand its business, with banks adopting its technology, and spot XRP ETFs have already attracted nearly $1.5 billion. Yet its native token XRP remains nearly 72% below its 2025 peak.
Meanwhile, on-chain data and technical charts suggest XRP may remain stuck in a sideways range until 2028, backed by historical data.
Ripple Is Growing, But XRP Isn’t FollowingRipple has spent the year strengthening its ecosystem. This week alone, the company launched the Ripple Mint platform for its RLUSD stablecoin, expanded across multiple blockchain networks, and continued attracting banks to the XRP Ledger for cross-border payments.
However, stronger business growth has not translated into higher XRP prices.
One reason is how Ripple’s network works. Banks use the XRP Ledger to settle transactions almost instantly. Due to this, they do not need to hold large amounts of XRP for long periods.
At the same time, Ripple also releases millions of XRP from escrow every month, increasing the available supply.
Meanwhile, spot XRP ETFs have attracted about $1.49 billion in total inflows, but ETF holdings still account for only 1% to 2% of XRP’s circulating supply, limiting their impact on price.
Selling Pressure Continues to Outweigh DemandMarket data also shows that XRP’s futures market has cooled sharply.
Open interest has fallen by nearly 87%, dropping from around $15 billion earlier this year to roughly $1.91 billion. This large wave of deleveraging removed much of the speculative buying that previously helped fuel rallies.
Meanwhile, large investors have quietly bought more than 600 million XRP during recent price drops. But many small investors have sold their XRP after months of little price movement. Because of this, XRP faces selling pressure.
According to analyst Chartnerd, XRP has taken an average of about 1,410 days to reach each new cycle high. Previous cycles lasted 1,490 days (2013-2018), 1,197 days (2018-2021), and 1,556 days (2021-2025).
Based on both time-based Fibonacci extensions and previous market cycles, Chartnerd believes XRP could target around $27 by 2029 or 2030.
At the same time, the Bollinger Bands are tightening, a sign that volatility is falling and XRP could remain range-bound before its next major move. If history repeats, the current setup mirrors the long accumulation period seen before the 2024 breakout.
Unless XRP breaks above the 20-week Bollinger Band and key resistance levels, analysts believe the token could continue trading sideways before building momentum for its next bullish cycle.
That outlook closely matches Standard Chartered’s long-term forecast, which projects XRP reaching $7 by 2027, $12.60 by 2028, and nearly $28 by 2030.
🇺🇸🏦 $28 BY 2030 🏦🇺🇸
Standard Chartered projects that XRP could reach $28 by 2030.
The bank believes XRP could benefit from the growth of cross border payments, tokenization, and increasing institutional adoption.
Now it’s the banks. 🚀 pic.twitter.com/tnwEtVW1pL
— John Squire (@TheCryptoSquire) July 21, 2026 Loading article prices
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Cryptocurrency analytics company CryptoQuant has reported a notable divergence in XRP reserves across major exchanges. According to the data, Upbit’s XRP reserves have fallen to their lowest level since May, while Binance’s reserves remain approximately 200 million XRP below the peak recorded in March.
The amount of XRP held on Upbit has fallen to approximately 6.43 billion XRP, reaching its lowest level since May. The exchange’s reserves peaked at approximately 6.515 billion XRP on May 30th. Accordingly, Upbit’s XRP balance has decreased by approximately 85 million XRP, or 1.3 percent, since that peak.
Upbit’s XRP reserves remain at a high level compared to other major exchanges examined. According to current data, Upbit holds approximately 2.47 times the amount of XRP held on Binance.
Binance’s XRP reserves stood at approximately 2.60 billion XRP as of July 24. This amount is 200 million XRP, or about 7.1 percent, below the 2026 peak of approximately 2.80 billion XRP recorded on March 17.
Bithumb’s XRP reserve was also measured at approximately 1.83 billion XRP. This level is close to the reserve amount recorded by the exchange on May 30th. Thus, a significant divergence emerged among the three exchanges. While Upbit’s reserve fell to its lowest level in several months, Binance remained below its March peak, and Bithumb returned to its levels at the end of May.
CryptoQuant stated that, given Upbit and Bithumb’s relatively high XRP holdings among the exchanges examined, changes in reserves on these platforms offer important indicators for evaluating XRP’s exchange-sourced liquidity structure.
However, the company noted that the decrease in reserves does not necessarily mean that XRP is being withdrawn from personal wallets.
*This is not investment advice.
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Ongoing conversations in the US digital asset sector have intensified around whether the proposed CLARITY Act could materially influence the price and institutional adoption of XRP, even after recent regulatory progress.
Legal distinction between court ruling and legislationVincent Van Code, a software engineer specializing in blockchain technology, commented on X that many overlook the critical difference between a landmark court verdict and formal federal legislation. He suggested that while last year’s decision in the SEC v. Ripple case was a notable milestone for XRP, it does not offer lasting legal certainty for major industry players.
In 2023, a US district court ruled that secondary-market transactions of XRP do not qualify as securities. This outcome eased regulatory pressure on Ripple’s ecosystem and sparked optimism across various crypto markets.
Van Code acknowledged that this outcome has already influenced the industry, paving the way for broader adoption. “There is a misconception that the Clarity Act will not affect prices for crypto such as XRP. That is not entirely true,” he noted on social media, responding to speculation about the new legislation’s impact.
In his comments, Van Code emphasized that a single district court decision cannot replace comprehensive federal legislation, leaving uncertain ground for financial institutions considering large-scale XRP investments.
The court’s decision, while groundbreaking for XRP holders and Ripple Labs, remains one federal judge’s interpretation and does not amount to a nationwide precedent or a statutory guarantee of how XRP will be treated going forward.
Institutional caution persists despite legal progressVan Code explained that, following the court ruling, institutional activity around XRP picked up, including new On-Demand Liquidity corridors, pilot projects with banks, custody service growth, and ETF submissions. However, he stressed that the lack of a broad legal framework prevents many major financial firms from making significant commitments.
He warned that the decision’s influence is inherently limited, particularly since it could be revisited by future courts or interpreted differently by other agencies. Without legislation from Congress, he said, banks and institutional investors remain risk-averse—choosing to engage in limited pilot programs rather than large investments or extensive product launches.
Many traditional finance firms are known for their cautious approach, prioritizing strict regulatory compliance. For them, the absence of clear federal law governing digital assets continues to be a key obstacle.
Van Code argued that codifying digital asset definitions into federal law would address remaining concerns in compliance departments and among decision-makers at large firms.
Mini dictionary: CLARITY Act, a proposed US bill that seeks to clarify the legal status and regulatory framework of digital assets, aiming to provide certainty for institutional investors by defining tokens and their treatment under securities laws.
The path ahead for XRP and institutional adoptionHe added that many institutional players are still limiting their exposure to XRP, focusing on experimental or non-custodial activities until a legislative solution arrives. This cautious stance has so far prevented a larger wave of capital inflows.
According to Van Code, the passage of the CLARITY Act would likely provide the comprehensive regulatory clarity needed to shift institutional strategies. This could potentially influence both adoption rates and pricing in $XRP, moving beyond the boundaries set by last year’s court win.
Van Code concluded that “while the Ripple decision eased some uncertainty for XRP, genuine institutional confidence depends on a robust federal framework.”
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.
John Deaton has run for US Senate against Elizabeth Warren. He’s also, by his own account, more likely to be recognized for something else entirely. Deaton says his path into the XRP world began the way it does for a lot of people, with Bitcoin first, then a slow slide down the rabbit hole into other coins.
He ended up holding Bitcoin, Ethereum, and XRP, drawn in part by how quickly XRP transactions settled. “It showed up in three seconds,” he said, describing his own reaction the first time he sent it.
The story that pulled him deeper into advocacy started closer to home. When his daughter turned 18, he handed her $15,000 in birthday money that had accumulated since she was born. Deaton says his daughter bought Bitcoin, Ethereum, and XRP using birthday money, splitting $10,000 into Bitcoin and $2,500 each into Ethereum and XRP, entirely on her own judgment.
Why He Filed the Case
When the SEC sued Ripple and argued that XRP itself was an unregistered security, Deaton says he thought immediately of people like his daughter. “My daughter never heard of Brad Garlinghouse,” he said. “She wouldn’t have any idea. She didn’t buy XRP because she was relying on the efforts of Ripple.”
That distinction became the foundation of his legal argument, and he filed a motion representing everyday XRP holders who had no relationship with Ripple at all. Deaton’s legal effort later grew to include 75,000 XRP holders around the world. Those XRP holders came from 143 different countries, spanning Ukraine to Russia, two nations at war with each other, yet both represented among the case’s supporters.
Deaton says he never spoke with Brad Garlinghouse directly before filing, and some in the crypto world initially assumed Ripple was paying him. “No lawyer would do this for free,” he recalled people saying, though he insists that wasn’t the case. His motivation, he says, was simpler: frustration that the government was making a claim it had never made before, treating the token itself as a security rather than the investment contracts tied to its sale.
A Ruling That Cited His Work
The effort ultimately became part of the legal record. The judge directly cited the amicus brief in her final ruling on the whole case, referencing both the brief and affidavits from XRP holders in her decision that XRP itself is not a security.
Deaton says the case is now taught in law schools as an example of decentralized legal advocacy, and he remains proud of what a single filing turned into. “One person inspires a few people, inspires thousands of people, and you can make a difference,” he said.
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Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
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Kansas-based wealth manager Leisure Capital Management has revealed a position in Franklin Templeton’s XRP ETF during the second quarter of the year.
According to a newly filed regulatory form with the U.S. Securities and Exchange Commission, Leisure Capital Management held 16,745 shares of the Franklin XRP Trust ETF (XRPZ). They were valued at roughly $206,000 as of June 30.
The investment is not significant, but it shows that XRP is gaining more and more acceptance.
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The Overland Park, Kansas-based wealth management firm manages investment portfolios for individuals and institutions and holds traditional equities, bonds and ETFs.
Image via https://depositphotos.com/photos/kansas.htmlIts XRP ETF position appeared alongside holdings in major companies including Apple, Microsoft, Nvidia and Amazon.
More institutional interest Earlier in July, Realta Investment Advisors reported a position in the REX-Osprey XRP ETF with more than $260 million in reported holdings.
Vista Finance also disclosed exposure to the Franklin XRP Trust ETF, holding 129,958 shares worth approximately $11.45 million.
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Brookstone Capital Management revealed a $71 million XRP ETF position. At the same time, CPR Investments disclosed a $363,000 position in the ProShares Ultra XRP ETF.
Institutional activity has also extended beyond ETFs.
Galaxy Digital, Arrington Capital, The Private Shares Fund and GAM Alternatives Lux recently agreed to purchase approximately $130 million worth of Ripple Labs private shares from Linqto as part of the company’s bankruptcy proceedings.
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The growing number of 13F filings shows that asset managers are increasingly comfortable with XRP, which used to be considered a security by the SEC before being ultimately vindicated.
ETF structures make it possible for institutions to access the asset through familiar investment channels.
Kansas-based asset management firm Leisure Capital Management has disclosed a stake in the Franklin Templeton XRP Trust ETF (XRPZ), reflecting the growing presence of institutional investors in the XRP market.
New SEC filings show steady rise in XRP ETF holdingsLeisure Capital Management, headquartered in Overland Park, submitted a regulatory filing to the U.S. Securities and Exchange Commission confirming it held 16,745 shares of Franklin XRP Trust ETF at the end of the second quarter. The position, valued at approximately $206,000 as of June 30, offers further evidence of institutional participation in XRP-related products.
This holding joins a portfolio that also includes shares in leading technology companies such as Apple, Microsoft, Nvidia, and Amazon, as well as a range of equities, bonds, and exchange-traded funds. Leisure Capital Management provides portfolio management services for both individual and institutional clients.
Although the size of the XRP ETF investment is relatively modest compared to the firm’s other holdings, it is notable within the context of traditional asset managers gradually increasing their exposure to digital assets.
Leisure Capital Management’s 13F disclosure signals that XRP is becoming more widely accepted in mainstream investment circles, following increased adoption among several traditional funds.
Competing investment firms reveal larger XRP ETF positionsSeveral other U.S. wealth management and advisory firms have recently reported substantial XRP ETF positions. Realta Investment Advisors, another firm serving individual and institutional clients, disclosed more than $260 million in holdings in the REX-Osprey XRP ETF earlier in July. Vista Finance declared a position of 129,958 shares in the Franklin XRP Trust ETF, valued at roughly $11.45 million.
Brookstone Capital Management reported a $71 million stake in XRP-related exchange-traded funds, while CPR Investments revealed it holds $363,000 worth of ProShares Ultra XRP ETF shares.
InstitutionXRP ETF/TrustValue of PositionLeisure Capital ManagementFranklin XRP Trust ETF$206,000Vista FinanceFranklin XRP Trust ETF$11.45 millionBrookstone Capital ManagementXRP ETF (undisclosed)$71 millionCPR InvestmentsProShares Ultra XRP ETF$363,000Realta Investment AdvisorsREX-Osprey XRP ETF$260 millionInstitutional activity in XRP has also extended outside of ETF products. Galaxy Digital, Arrington Capital, The Private Shares Fund, and GAM Alternatives Lux recently agreed to acquire about $130 million worth of private shares in Ripple Labs. The transaction resulted from bankruptcy proceedings involving Linqto, a digital investment platform.
Ripple Labs is a technology company known for developing solutions for cross-border payments and powering the XRP Ledger, the blockchain network that supports the XRP digital asset.
Mini dictionary: Linqto, a fintech company that provides accredited investors access to shares in leading private companies, entered bankruptcy proceedings, presenting institutions with opportunities to acquire equity stakes in firms such as Ripple Labs.
Regulatory clarity and mainstream acceptanceXRP faced regulatory scrutiny in recent years as the U.S. SEC considered whether the asset constituted a security. Legal proceedings ultimately resulted in a favorable outcome for Ripple Labs, paving the way for broader institutional engagement.
ETF structures allow traditional investors to access XRP through familiar financial vehicles, simplifying compliance and operational processes. The latest wave of 13F filings indicates that asset managers are increasingly comfortable including XRP in their clients’ portfolios.
ETF adoption enables institutions to manage exposure to XRP with similar strategies used for conventional securities, indicating a shift in the perception and accessibility of crypto assets in established financial markets.
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.
Blockchain company Ripple has launched Ripple Mint, a new platform that allows institutional clients to create, manage, and transfer its Ripple USD (RLUSD) stablecoin across different networks.
According to the company’s statement, Ripple Mint enables institutions to mint and redeem RLUSD, bridge assets across supported blockchain networks, and track transactions end-to-end. The platform will be accessible via both a web-based user interface and API integration.
Ripple stated that the new platform was developed specifically for customers who handle high-volume transactions and need automation, real-time visibility, and on-premises system integration instead of manual processes.
Organizations will be able to integrate RLUSD transactions directly into their own infrastructure via Ripple Mint. This will allow processes such as treasury management, payments, and trading operations to be automated. Customers who wish to perform manual transactions can control their activities through the web console.
Ripple stated that existing customers will be able to continue using the platform without any interruption, and that security, compliance, and operational monitoring tools will be preserved in the new system.
RLUSD is issued by Standard Custody & Trust Company, which is authorized by the New York Department of Financial Services. Ripple argues that this regulatory framework provides transparency and trust in the institutional use of the stablecoin.
The company statement noted that stablecoins are increasingly being used in trading, payments, and treasury operations, and that access to RLUSD should go beyond manual workflows.
RLUSD has a market capitalization of approximately $1.5 billion. However, the stablecoin’s monthly transaction volume has decreased by nearly 25%, from approximately $14.6 billion to $11 billion.
*This is not investment advice.
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A previously overlooked 2019 transcript of Ripple CEO Brad Garlinghouse’s appearance at the Economic Club of New York has come back into focus, resurfaced by cryptocurrency researcher SMQKE. The document details Garlinghouse’s comparison of XRP’s transaction speed and volatility risks versus traditional SWIFT payments at a time when SWIFT is updating its own infrastructure.
SWIFT pilots new blockchain ledgerSWIFT, a global financial messaging service used by over 11,500 financial institutions, recently announced the launch of a blockchain-based shared ledger. Seventeen international banks are preparing to test tokenized cross-border payments on this new system.
The new ledger has been positioned as a natural extension of SWIFT’s current network. It will allow for 24/7 payments processing, permitting member banks to settle outside of traditional business hours and finalize payments through established clearing systems after initial transaction completion.
This move comes amid a broader industry push to increase payment speeds and reduce exposure to currency volatility during the settlement process.
Mini dictionary: SWIFT, or the Society for Worldwide Interbank Financial Telecommunication, is the leading provider of secure financial messaging services and infrastructure enabling cross-border payments among banks worldwide.
Ripple CEO outlines XRP’s risk advantageIn his 2019 remarks, Garlinghouse addressed concerns from bankers regarding the volatility of cryptocurrencies. He used a direct comparison: a typical SWIFT transaction takes three days—about 270,000 seconds—while an average XRP transfer settles in just three to four seconds.
Garlinghouse argued that although digital assets like XRP may experience higher daily volatility, the limited exposure window dramatically reduces aggregate risk.
“When you do a SWIFT transaction, the average transaction, let’s just say, is three days. That’s 270,000 seconds. If you multiply 270,000 seconds in a low volatility asset and compare it to three seconds in a high volatility asset, you find that the total volatility risk in XRP is actually lower,” explained Garlinghouse.
This perspective directly challenges a common objection from traditional banks that see cryptocurrency volatility as an insurmountable issue in payment settlements.
The role of hedging and settlement windowsIn conventional cross-border payments, the weeks-long settlement period exposes parties to exchange rate fluctuations. Banks typically hedge this risk, buying and selling currencies upfront or via derivatives in case of sharp market movements.
Garlinghouse maintained that with XRP’s rapid settlement, this hedging becomes unnecessary. “With XRP, it’s happening so fast you don’t really need to hedge because you’re in and out of it in a few seconds,” he told the audience during his 2019 appearance.
This argument is gaining renewed relevance, as SWIFT’s new blockchain-based ledger also seeks to reduce settlement intervals and align the service with competitors focusing on rapid transactions.
Industry context and ongoing debateSMQKE’s resurfacing of Garlinghouse’s arguments comes as the debate around speed, cost, and risk in international payments intensifies. While SWIFT’s blockchain initiative marks significant progress for traditional finance, proponents of XRP emphasize that Ripple’s network was built from inception to enable near-instant settlements.
The fundamental distinction remains the exposure duration: seconds in networks like XRP compared with hours or days over traditional payments rails. This, Garlinghouse claims, offers an inherent advantage for managing volatility risk in cross-border transfers.
Even as new blockchain-based financial infrastructure emerges, the case for XRP’s rapid settlement and lower volatility risk continues to echo in industry conversations.
Ripple, founded in 2012 and headquartered in San Francisco, is a technology company that offers blockchain-based payment solutions using the XRP Ledger. Brad Garlinghouse has served as its CEO since 2016.
NetworkAverage Settlement TimeVolatility Exposure WindowHedging NeededTraditional SWIFTThree days (270,000 sec)HighYesXRP Ledger3–4 secondsLowNoSWIFT Blockchain Ledger (Pilot)Near real-time (undisclosed sec)Lower than traditionalReducedDisclaimer: 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 held steady despite a sharp selloff in technology stocks triggered by weaker-than-expected corporate earnings.
Notable Statistics:
Coinglass data shows 83,203 traders were liquidated in the past 24 hours for $301.33 million. SoSoValue data shows net outflows of $225.2 million from spot Bitcoin ETFs on Thursday. Spot Ethereum ETFs saw net inflows of $26.3 million. In the past 24 hours, top gainers include DeXe, Audiera and LayerZero. Notable Developments:
Trader Notes:
Trader Crypto Kaleo remains confident that Bitcoin has one final leg lower before the bear market bottom is in, though the decline could come either by mid-to-late August or sooner.
He believes the market is nearing its bottom from a timing perspective and recommend keeping capital ready to accumulate high-conviction assets.
Meanwhile, he does not expecting Bitcoin to reclaim $100,000 or set new all-time highs until 2027.
Trader KillaXBT argues that Bitcoin’s market cycle has accelerated, pointing out that it reached a new all-time high before the last halving and did so just 476 days after the cycle bottom, much faster than in prior cycles.
He expects the same pattern to repeat, with a pre-halving all-time high, faster bottoms and tops, and caution against relying too heavily on historical seasonality, which he believes has already begun to diverge.
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After failing to break above significant resistance levels, XRP is once again trading close to the $1 mark. The small ascending support trendline that held throughout the majority of July is now under pressure as the asset has fallen below its short-term moving averages. XRP may soon return to $1, a psychological level that has consistently drawn buyers but is growing more vulnerable after several tests, if sellers are able to disprove this support.
Over the previous few sessions, the technical picture has gotten worse. XRP made a brief attempt to move back toward the 50-day EMA, but it was rejected almost instantly, indicating that bullish momentum is still weak. The 200-day moving average is still much higher at $1.43, indicating that the overall trend is still bearish, even though the price is currently trading below the 26-, 50-, and 100-day moving averages. The trading range is getting smaller, which is a worrying signal.
XRP/USDT Chart by TradingViewIn order to keep prices stable, XRP has been generating lower highs while depending on a progressively rising support line. Because the dominant trend is still downward, this structure frequently resolves with a sharp breakout. Unless buyers abruptly reclaim nearby resistance around $1.11-$1.12, the likelihood favors a move to the downside. A bullish reversal is also not currently supported by volume.
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During recent attempts at recovery, trading activity has remained comparatively low, suggesting that buyers are reluctant to commit new funds. In the meantime, before XRP could gain any significant upward momentum, each push toward resistance has drawn selling pressure. Near 48, the Relative Strength Index is in a neutral range that allows for movement in either direction. Nonetheless, declining price action and a neutral RSI typically indicate waning momentum rather than accumulation.
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Before confidence in a long-term recovery can resume, bulls would prefer to see the RSI rise back above 50 along with increased trading volume. The $1 barrier is still crucial. After multiple tests, psychological support frequently deteriorates, and XRP has already spent a number of weeks just above that level.
Stop-loss orders may be triggered by a daily close below $1, which would hasten selling toward the next support area at $0.95. Bulls have a simple but difficult path. While maintaining the ascending support line, XRP needs to recover the moving averages that are grouped between $1.11 and $1.15.
The asset is currently at one of its most significant technical crossroads in recent months, as the risk of losing the $1 level increases considerably in the absence of that recovery.
Zcash's psychological thresholdAfter yet another erratic week, Zcash has returned to one of the most significant psychological price levels of its current cycle, with the asset trying to hold above $500. The privacy-focused cryptocurrency has fallen below its local highs near $580 due to recent selling pressure, but the overall technical structure is still positive, so the upcoming sessions will be crucial in determining whether the most recent decline is just a healthy correction or the start of a deeper retracement.
ZEC/USDT Chart by TradingViewTechnically speaking, ZEC is still trading above every significant moving average. The 100-day and 200-day moving averages are significantly lower, at $460 and $408, respectively, while the 50-day EMA is situated around $476.
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Despite recent weakness, this alignment shows that the long-term trend is still bullish. Buyers maintain the overall advantage as long as the price remains above these dynamic support levels.
Because it now acts as both a short-term technical pivot and psychological support, the $500 area is especially significant. In order to absorb profits from traders who entered much lower, Zcash required a period of consolidation following an intense rally in May and July.
Compared to the explosive buying that drove the previous breakout, the current decline has coincided with noticeably lower trading volume, indicating that panic selling has not yet taken hold. Additionally, momentum indicators suggest a cooling rather than a complete reversal. After previously reaching overbought conditions, the Relative Strength Index has retreated to the neutral zone around 49. With this reset, the market has more room to make a higher move without needing a lot of speculative momentum.
The first upside target is still the recent swing high around $580 if buyers are successful in defending the $500 region. A strong move above that level could reopen the path toward the $650–$680 area, where ZEC faced significant resistance earlier this year.
Hyperliquid's price testOne of the most significant support zones that Hyperliquid (HYPE) has tested since its explosive rally earlier this year is drawing closer. The token has retreated toward the 100-day moving average around $57, where buyers are starting to show signs of returning to the market, following a decline from recent highs above $75. A recovery toward $70 is still a plausible scenario if this level holds.
HYPE/USDT Chart by TradingViewAlthough a large portion of HYPE's July gains have been erased by the recent correction, the overall trend has not yet broken. The 100-day moving average is serving as immediate dynamic support, and the asset is still trading comfortably above its rising 200-day moving average near $50. As a result, a technical cushion is created, which may serve as the basis for another bullish leg. Support at $57 is especially crucial because it corresponds with past breakout territory.
After a powerful rally, markets frequently revisit previous resistance, and successful retests frequently serve as the impetus for subsequent advances. Today's candle indicates that buyers are defending the level despite ongoing selling pressure, suggesting that HYPE has so far respected this area. Momentum indicators also suggest that the correction may be getting close to exhaustion.
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The Relative Strength Index is at its lowest point in a few weeks, falling into the low 40s. This shows that the overheated conditions observed during the June rally have essentially been reset, even though it does not necessarily indicate a reversal. In the past, once momentum cooled into this range, HYPE frequently resumed its uptrend. The short-term and medium-term moving averages, concentrated between $63 and $65, currently represent the biggest barrier for bulls.
A clear close above those levels would probably rekindle buying interest and refocus attention on the $70 mark. After that, the next obvious target is the prior highs, which were between $75 and $76.
Conversely, the bullish outlook would be considerably weakened if the $57 support were lost. Stronger long-term support is found at the 200-day moving average near $50, and a breakdown below the 100-day moving average could expose HYPE to a deeper correction.
As of right now, though, the chart continues to favor a rebound over a trend reversal. HYPE is positioned on a technically important support zone, the long-term structure is still bullish, and the correction has restored momentum to healthier levels. A recovery toward $70 is very likely in the upcoming sessions if buyers continue defending this area.
XRP has returned to a critical psychological threshold near $1, following repeated failures to break above key resistance levels. Recent price action shows that the ascending short-term support that held throughout much of July is under significant pressure, with XRP dropping below its short-term moving averages and showing signs of continued weakness.
XRP struggles as crucial support weakensAnalysts noted that XRP, the digital asset developed by Ripple, recently attempted a recovery toward its 50-day exponential moving average (EMA) but faced a swift rejection. The price continues to trade below the 26-, 50-, and 100-day moving averages, while the 200-day moving average remains higher at $1.43, reinforcing a prevailing bearish trend. The current narrowing of the trading range raises concerns among market participants.
While XRP has formed lower highs and relies on a slowly ascending support line, this structure is often associated with sharp breakouts. With buyers struggling to reclaim resistance between $1.11 and $1.12, the likelihood of further downside persists. Volume analysis indicates buyers have been hesitant, with trading activity remaining subdued even during rebound attempts.
Market observers identified that XRP’s Relative Strength Index (RSI) has drifted near 48, sitting in a neutral zone that historically permits movement in either direction, although the declining price trend combined with the neutral RSI suggests momentum may be waning rather than building.
For bullish sentiment to return, the RSI would need to climb above 50 with a concurrent rise in trading volume. The $1 mark remains a vital level and, after several tests, the resilience of this psychological support appears to be fading. A daily close below $1 could trigger a wave of stop-loss orders, potentially accelerating a drop toward the next support at $0.95.
To reverse current bearish trends, bulls must maintain the rising support line and push above key moving averages clustered between $1.11 and $1.15. Without a clear recovery, analysts warn that XRP is at one of its most pivotal technical moments in recent months.
Support/ResistancePrice levelTechnical SignalMajor resistance$1.11–$1.12Short-term rejectionPsychological support$1.00Repeated testsNext support$0.95Stop-loss trigger200-day moving average$1.43Bears in controlZcash holds its ground above key moving averagesZcash (ZEC), a privacy-focused cryptocurrency launched in 2016, is currently trading above all major moving averages, with the 50-day EMA at $476 and significant longer-term supports—the 100-day and 200-day moving averages—at $460 and $408, respectively. Despite recent pullbacks, this alignment points to a longer-term bullish bias as long as prices stay above these levels.
The $500 zone has emerged as both a technical pivot and an important psychological level. After a sharp rally in May and July, Zcash has experienced a period of consolidation, allowing the market to absorb profit-taking. Trading volumes have dropped, indicating a lack of panic selling, while momentum indicators point to a cooling phase rather than a full reversal.
The Relative Strength Index for ZEC, now near 49, suggests the asset has moved out of overbought territory. If buyers can defend the $500 support, attention turns first to the recent swing high at $580 and then to the significant resistance between $650 and $680.
Hyperliquid tests pivotal support zoneHyperliquid (HYPE) is nearing one of its most important support areas since its notable rally earlier this year. The asset has pulled back toward its 100-day moving average at $57 after reaching highs above $75, with fresh buying interest emerging at these levels. Should this support hold, a move back to $70 remains possible.
Despite recent corrections that erased much of HYPE’s July gains, the overall upward structure remains intact. The 100-day moving average is providing dynamic support, and the token continues to trade above its 200-day moving average near $50.
Market participants are closely monitoring the $57 zone, as it aligns with previous breakout levels and could serve as a base for renewed advances. Today’s trading patterns indicate ongoing defense of this threshold, while the RSI has reset to the low 40s, signaling that the excesses from the past rally have largely abated.
For HYPE bulls, the next challenge lies in overcoming short- and medium-term resistances at $63–$65. A clear move above this range would likely rekindle buying momentum and refocus attention on the $70 level, followed by previous highs between $75 and $76. However, a loss of support at $57 could point toward a more significant downtrend, with strong longer-term support found at the 200-day moving average near $50.
If buyers continue to defend current levels, HYPE is well-positioned for a recovery, with technical indicators supporting the possibility of a rebound toward $70 in the near term.
For now, the dominant chart structure and restored momentum suggest the correction phase may be nearing its end as buyers regroup at major support.
Mini dictionary: Hyperliquid (HYPE), an emerging digital asset, has attracted attention for its rapid price movements and growing on-chain trading activity. Its technical performance is often monitored using moving averages and relative strength indicators to gauge market sentiment and potential turning points.
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.
Hyperliquid: Bouncing Off Support But EMAs Remain The WallHyperliquid, as measured by Hyperliquid Strategies Inc (NASDAQ:PURR), bounced 2% after tagging the $56 to $58 demand zone, a key support band being tested for the first time since the June rally.
Crypto analyst ALTF4 noted on X that Hyperliquid’s growth has moved beyond trading volume into market structure, with roughly $194 billion in 30-day perpetual volume, $11.5 billion in open interest, and non-crypto markets including equities, FX, and commodities now trading on the same venue.
The chart, though, requires patience. The 20-day EMA at $62.56 and 50-day EMA at $62.31 are converging just above current price, forming a dense resistance cluster that needs to flip to support before the setup carries conviction.
Key levels for HYPE: $56 to $58 — Demand zone support; losing this exposes $52 $62.31 to $62.56 — EMA cluster, the resistance wall to reclaim $76 — Chart projection target on a confirmed EMA reclaim Uniswap: Cup and Handle Breakout with Supertrend ConfirmationUniswap (CRYPTO: UNI) surges to $3.8, completing a textbook cup and handle breakout. The cup formed from May through June, the handle consolidated through early July, and price has now cleared the breakout level with conviction.
The Supertrend indicator flipped green at $3.23, adding trend confirmation to the pattern.
Price now sits above all four major EMAs and is challenging the 200-day EMA at $3.9 as the final overhead barrier before open air. The cup and handle measured move targets $4.80 to $5 on continuation.
Key levels for UNI: $3.9 — 200-day EMA, last resistance before the measured move opens $4 — Psychological resistance above $3.54 — 20-day EMA support on any retest; holding here keeps the breakout valid $3.23 — Supertrend level, the line that invalidates the setup on a close below Monero: The Cleanest Breakout Setup In The Market Right NowMonero (CRYPTO: XMR) pushes to $357.28, pressing directly into the descending trendline that has capped every rally since late January.
Bollinger Bands are squeezing tight with price coiling at the upper band at $358.63, a classic compression pattern before a directional expansion.
All four EMAs are clustering between $333 and $354, essentially flat, confirming the squeeze is real.
A daily close above $360 clears the descending trendline and triggers the Bollinger expansion, with a breakout target of $400 to $420. Rejection here sends the price back to $333.
Key levels for XMR: $358.63 — Bollinger upper band and descending trendline confluence, the breakout line $333 — Bollinger midband support on rejection $400 to $420 — measured move target on confirmed breakout Image Source: Shutterstock
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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While XRP has corrected from the recent $1.16 high, new market data shows that demand in the spot market has continued to improve.
Specifically, buying activity across centralized exchanges has climbed to its highest level in eight weeks, suggesting that many investors are still accumulating XRP despite the latest price decline.
Notably, the latest data also show a growing gap between the spot and derivatives markets. Spot buyers have become more active, while traders in the perpetual futures market continue to favor selling.
Spot Buying Reaches Its Highest Level Since June Data from July 23 shows that the All CEX Estimated Spot CVD climbed to about $388.6 million, its highest level since June 1. The increase shows a rise in aggressive buying across centralized spot exchanges, showing that buyers have returned to the market in greater numbers.
Meanwhile, the trend looks very different in the derivatives market. Notably, Binance Perpetual CVD remained deeply negative at around -$547.4 million, showing that perpetual futures traders continue to favor the sell side.
XRP CEX Spot CVD and Binance Perpetual CVD | CryptoQuant Also, on Binance, XRP open interest increased from roughly $198 million on July 8 to about $215.7 million on July 23, marking a rise of nearly 9%.
Higher open interest alongside a deeply negative perpetual CVD suggests that traders are opening new leveraged short positions instead of simply closing existing long positions.
However, open interest alone cannot show the direction of every new position, so it does not tell the full story by itself.
Spot trading also picked up across several major exchanges rather than on just one platform. On July 21, Coinbase recorded around $157 million in XRP spot trading volume, compared with roughly $111 million on Binance.
This increase suggests that stronger spot demand is spread across multiple exchanges instead of being driven by a single market.
XRP Must Hold Above $1.10 In the short term, XRP continues to trade within a tight range after holding the support around $1.10. Buyers have not yet managed to push the price back above the immediate resistance at $1.11, leaving the token stuck in consolidation.
The current situation suggests that a move below $1.10 could send XRP toward $1.08. On the other hand, a break above $1.11 could open the door for a move to $1.13.
Technical indicators also send mixed signals. The RSI stands at 50, a neutral reading that does not give either buyers or sellers a clear advantage.
XRP Holding Support However, the MACD still shows a modest buy signal with a reading of 0.001, keeping the bullish case alive. Looking at the broader trend, XRP has gained more than 7% in July and still trades above long-term ascending triangle support.
If buyers regain control, XRP first needs to break above $1.1642. A successful move beyond that level could open the way to $1.2318 and then $1.2950, with longer-term resistance sitting near $1.4344. For now, holding above $1.10 remains important if bulls want to keep the current recovery attempt alive.
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.
Ripple is doubling down on institutional adoption of its RLUSD stablecoin with two new initiatives despite on-chain data showing monthly transfer volume has dropped by 26%.
While transaction activity has slowed, the stablecoin continues to attract new users and expand across multiple blockchain networks.
Ripple Targets Institutions With RLUSD Mint and NotabeneOn 23 July, Ripple introduced Ripple Mint, a new platform that allows institutional customers to create, redeem, bridge, and track RLUSD through a web dashboard or direct API integration.
Previously, institutions had to coordinate directly with Ripple to mint RLUSD whenever they deposited U.S. dollars. With Ripple Mint, the entire process is automated, allowing businesses to issue and redeem tokens while tracking each transaction from fiat deposits to on-chain settlement.
Alongside the launch, Ripple also announced a strategic investment in Notabene, a compliance platform that processes more than $2 trillion in annualized transaction volume.
Notabene has received a strategic investment from @Ripple.
We'll collaborate to expand enterprise stablecoin payments by integrating RLUSD into Notabene Flow and exploring how trusted payment authorization can complement Ripple Payments. pic.twitter.com/jNvVywlLuk
— Notabene (@notabene_id) July 23, 2026 The integration places RLUSD within Notabene’s payment network, making it easier for financial institutions to send and receive the stablecoin while meeting global compliance requirements.
RLUSD User Growth Jumps While Transaction Activity SlowsAlthough Ripple continues expanding RLUSD, on-chain data shows that transaction activity has begun to slow down.
The RLUSD stablecoin currently has a market cap of $1.59 billion, although it has declined nearly 5% over the past month.
More importantly, monthly transfer volume has fallen about 26%, dropping from around $14.6 billion to $10.89 billion.
At the same time, network activity is improving in other areas. RLUSD’s monthly active addresses have jumped 68.2 percent to 11,167, while the holder count has increased around six percent over the last month.
On-chain data shows that RLUSD remains distributed across two major blockchain networks, with the XRP Ledger continuing to hold the largest share of the stablecoin’s supply.
Currently, the XRP Ledger accounts for approximately $896.5 million worth of RLUSD, while Ethereum holds around $641.9 million, highlighting XRPL’s growing dominance in the token’s circulation.
Ripple is also expanding RLUSD beyond these two ecosystems. The stablecoin is now available on the XRPL EVM Sidechain, Base, Optimism, Ink, and Unichain, giving institutions greater flexibility to issue, transfer, and use RLUSD across multiple blockchain networks.
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Bitcoin (BTC) is edging higher on Friday, albeit gradually, after reclaiming support above $65,000. Meanwhile, Ethereum (ETH) shows signs of stability near the immediate $1,900 hurdle, backed by mild capital inflows. Ripple (XRP), on the other hand, holds above the pivotal $1.10, with its upside structurally constrained below $1.15.
Bitcoin ETFs renew outflows as the US-Iran war persistsThe United States (US) has conducted air strikes for a thirteenth consecutive night, with Iranian media reporting explosions in multiple cities, including Khorramabad, Jask, Ahvaz, and Bandar Abbas.
President Donald Trump stated he is weighing a “massive attack” on Iran and will soon determine whether to resume large-scale military operations. Iranian Foreign Minister Abbas Araghchi described the US action as “mindless aggression,” warning that Washington will now face a steeper price to secure an end to the conflict.
Meanwhile, risk-off sentiment is evident among institutional investors, who drew out roughly $225 million from US-listed spot Exchange-Traded Funds (ETFs) on Thursday, following seven consecutive days of inflows. According to SoSoValue data, cumulative inflows stand at $51.63 billion, with net assets at $78.82 billion, underpinning investors' long-term positive BTC outlook.
Bitcoin ETF flows | Source: SoSoValueEthereum spot ETFs continue to recover, with Thursday’s inflows falling to $26 million, from Wednesday’s $73 million. Cumulative inflows edged higher to $11.25 billion from $11.23 billion over the same period, while average assets under management stand at $10.32 billion.
Ethereum ETF flows | Source: SoSoValueAppetite for XRP ETFs has notably lagged that for Bitcoin and Ethereum, with activity remaining muted on Wednesday and Thursday. Looking back, inflows totaled $2.5 million on Monday and roughly $6 million on Tuesday.
According to SoSoValue, cumulative inflows are steady at $1.49 billion, with net assets averaging $1 billion, underscoring investors’ long-term interest in XRP investment products.
XRP ETF flows | Source: SoSoValue“The cryptocurrency market is navigating one of its most complex phases of the year. Bitcoin is no longer driven solely by capital flows or technical indicators; instead, its price action has become a direct reflection of an increasingly intertwined macroeconomic and geopolitical landscape, Simon-Peter Massabni, Head of Business Development at XS.com, said in a comment.
Price analysis: Bitcoin holds higher support Bitcoin trades above $65,000, holding a mildly constructive but still capped tone as price sits above the 50-day Exponential Moving Average (EMA) at roughly $65,150 and the Bollinger Bands’ middle layer near $64,312, while remaining well below the 100-day and 200-day EMAs at about $67,967 and $73,733 respectively.
This configuration suggests an early recovery phase rather than a clean bullish trend, with the Relative Strength Index (RSI) around 55 on the daily chart and the Moving Average Convergence Divergence (MACD) histogram staying comfortably positive, hinting that upside momentum is improving but not yet strong enough to challenge the broader overhead trend filters.
BTC/USDT daily chartOn the topside, initial resistance appears at the upper Bollinger Band around $66,489, where volatility caps the recent bounce, followed by the 100-day EMA near $67,967 and then the more meaningful 200-day EMA around $73,733 as a major medium-term barrier. On the downside, immediate support is provided first by the 50-day EMA at approximately $65,150, with further demand expected at the Bollinger middle band around $64,312. A deeper setback toward the lower band near $62,134 would likely be needed to threaten the nascent constructive bias on the daily timeframe.
Altcoins outlook: Ethereum and XRP show signs a bullish turnaround Ethereum trades at $1,892, holding a neutral-to-bullish tone as price stays above the 50-day EMA near $1,832 and the SuperTrend support around $1,741, but still below the higher-order 100-day and 200-day EMAs. This configuration suggests an ongoing recovery phase within a broader corrective structure, with dip-buying interest emerging above the mid-$1,800s.
The MACD indicator remains in positive territory but has been easing, while the RSI around 58 points to constructive yet not overextended upside momentum.
ETH/USDT daily chartOn the topside, initial resistance appears at the 100-day EMA close to $1,936, and a sustained break above this level would expose the 200-day EMA near $2,183 as the next bullish objective. On the downside, immediate support is defined by the 50-day EMA at roughly $1,832, with a deeper pullback toward the SuperTrend line around $1,741 likely to attract buyers if the current advance pauses or corrects.
XRP, on the other hand, trades at $1.11. The pair remains in a broader bearish context with price holding below the 50-day, 100-day and 200-day EMAs, keeping rallies capped despite the recent rebound from sub-$1.10 levels.
The Parabolic SAR at $1.07 sits underneath spot and suggests nearby trend-follow support, while the RSI hovers around the neutral 50 line on the daily chart, indicating a lack of strong directional conviction as momentum consolidates. The MACD histogram remains marginally positive but is easing, hinting that bullish pressure is waning beneath overhead averages.
XRP/USDT daily chartInitial resistance aligns with the 50-day EMA at $1.14. A daily close above this level would be needed to open the way toward the 100-day EMA at $1.23, with the 200-day EMA higher up at $1.43 reinforcing the medium-term bearish structure. On the downside, immediate support is provided by the Parabolic SAR level at $1.07. A break below this floor would likely expose the pair to a deeper retracement, reinforcing the prevailing downside bias as long as price holds beneath the key EMAs.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
Crypto ETF FAQs An Exchange-Traded Fund (ETF) is an investment vehicle or an index that tracks the price of an underlying asset. ETFs can not only track a single asset, but a group of assets and sectors. For example, a Bitcoin ETF tracks Bitcoin’s price. ETF is a tool used by investors to gain exposure to a certain asset.
Yes. The first Bitcoin futures ETF in the US was approved by the US Securities & Exchange Commission in October 2021. A total of seven Bitcoin futures ETFs have been approved, with more than 20 still waiting for the regulator’s permission. The SEC says that the cryptocurrency industry is new and subject to manipulation, which is why it has been delaying crypto-related futures ETFs for the last few years.
Yes. The SEC approved in January 2024 the listing and trading of several Bitcoin spot Exchange-Traded Funds, opening the door to institutional capital and mainstream investors to trade the main crypto currency. The decision was hailed by the industry as a game changer.
The main advantage of crypto ETFs is the possibility of gaining exposure to a cryptocurrency without ownership, reducing the risk and cost of holding the asset. Other pros are a lower learning curve and higher security for investors since ETFs take charge of securing the underlying asset holdings. As for the main drawbacks, the main one is that as an investor you can’t have direct ownership of the asset, or, as they say in crypto, “not your keys, not your coins.” Other disadvantages are higher costs associated with holding crypto since ETFs charge fees for active management. Finally, even though investing in ETFs reduces the risk of holding an asset, price swings in the underlying cryptocurrency are likely to be reflected in the investment vehicle too.
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.
XRP is showing an unusual divergence between price action and capital movement as spot market flows accelerated sharply despite a broadly constructive backdrop for digital assets. While many major cryptocurrencies have benefited from renewed optimism, XRP continues to trade below key resistance levels, even as exchange flow data points to significantly higher activity.
XRP spot flows turn bullishAccording to the latest market data, XRP spot flows recorded a 182% surge over a short-term interval, highlighting a sudden increase in coins moving through spot exchanges. Rather than signaling aggressive accumulation, however, the metric reflects a substantial jump in trading activity from both buyers and sellers, with net spot flows remaining mixed throughout the session.
XRP/USDT Chart by TradingViewThe broader market environment remains relatively supportive. Bitcoin has stabilized after recent volatility, and several large-cap assets have managed to recover part of their losses. XRP, on the other hand, continues to struggle around the $1.10 area after failing to reclaim higher moving averages.
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Pressure never disappearedFrom a technical standpoint, XRP is still locked beneath its 50-day, 100-day, and 200-day moving averages, leaving the long-term trend firmly bearish. The asset recently formed a small ascending support line, but bulls have so far failed to generate enough momentum for a convincing breakout. As long as price remains below the 50-day moving average near $1.11-$1.12, upside attempts are likely to face persistent selling pressure.
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On-chain activity presents a mixed picture. Daily payment volume across the XRP Ledger remains subdued compared to the spike seen at the beginning of July, when transfers briefly exceeded one billion XRP in a single day.
Payment counts remain healthy, however, indicating that network usage has not collapsed despite the slowdown in transferred value. Active user numbers have also held relatively stable over the past month, suggesting the ecosystem continues to maintain a solid base of participants.
The surge in spot flows may therefore represent portfolio repositioning rather than outright bullish accumulation. Traders often increase spot transfers ahead of significant market moves, either to secure profits, rotate capital, or prepare for higher volatility.
Japanese spot Bitcoin (CRYPTO: BTC) ETF market could grow to around $18.4 billion by fiscal 2028 under a bullish adoption scenario.
In a July 24 morning edition, Nikkei noted that the estimate is based on the size of Japan’s household financial assets, its investment fund market, participation in the country’s tax-advantaged NISA investment accounts, and existing domestic demand for cryptocurrencies.
Japanese households hold roughly $14.6 trillion in financial assets.
An $18.4 billion Bitcoin ETF market would account for only about 0.13% of that, suggesting that even a relatively small shift in household portfolios could create a sizable market.
It would also represent around 1% of Japan’s public equity investment fund market, which exceeds $1.8 trillion.
The estimate assumes three primary sources of investment demand.
The first would come from existing cryptocurrency investors seeking BTC exposure through a regulated and familiar investment product; the second would be new retail investors; and lastly, wealthy individuals, corporations, and institutional investors making portfolio allocations to Bitcoin.
Access Could Be The Key CatalystThe central argument behind the $18.4 billion scenario is not that Japanese investors will suddenly make large speculative allocations to Bitcoin. Rather, ETF approval could unlock demand by making the asset easier to purchase and hold through financial systems investors already use.
Japanese investors could gain Bitcoin exposure without directly managing wallets, seed phrases, or crypto exchange accounts. That accessibility could be particularly important for institutions and corporations that require regulated custody, reporting and risk-management structures before allocating capital.
In early July, Japanese crypto exchange SBI VC Trade highlighted that registered accounts surpassed 2 million, indicating rising domestic demand for digital assets. The firm said Japanese companies are also increasingly using Bitcoin and XRP (CRYPTO: XRP) in shareholder benefit programs.
Image: Shutterstock
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XRP has entered a significant technical zone as cryptocurrency analyst CasiTrades indicated the token remained in line with the wave patterns identified in her recent analysis. Following a decline, XRP tested a crucial support level before shifting focus to the next resistance area.
Precise support retest and technical structureAccording to CasiTrades, XRP declined within a descending channel across three different charts, eventually reaching a green demand zone near $1.08. After touching this area, XRP stabilized, mirroring the path predicted by her Elliott Wave model. The analyst described this move as a “perfect touch,” highlighting XRP’s precise interaction with the previously defined support level in her charts.
Her technical breakdown also noted that XRP tested the blue horizontal level close to the 1.618 Fibonacci extension at $1.1008 before moving further downward and settling at support. This sequence appears to confirm the wave structure CasiTrades previously outlined for the token.
The market respected a key support near $1.08 and continued to follow the wave sequences marked on the charts, aligning with the analyst’s technical projections.
CasiTrades is an independent cryptocurrency analyst recognized for her application of Elliott Wave Theory to digital assets, frequently sharing chart-based forecasts with the crypto trading community.
Mini dictionary: Elliott Wave Theory is a technical analysis approach that seeks to forecast market trends by identifying recurring wave patterns, often used to predict price movements based on investor psychology.
Momentum indicators and insider strategiesThe Relative Strength Index (RSI), a widely followed momentum indicator, signaled support for the technical setup. As XRP moved into the green support area, RSI dropped toward oversold territory, indicating that selling momentum was weakening as the token reached its projected level.
CasiTrades maintained her primary Elliott Wave count in her latest update, refining only the short-term pattern. Price action traced the light purple path shown in her charts, with the next key area of interest found at resistance near $1.12.
Support LevelCurrent Price TargetMain Resistance$1.08 (Green Zone)$1.12 (Wave 4)$1.1242–$1.1640 (Fibonacci Levels)Despite forecasting a rebound, the analyst disclosed she left her buy orders at $0.93, expressing caution that XRP may still require one last decline before a full breakout. She commented that more price development and confirmation were needed to validate her subwave scenario, adding that further clarity would likely come with the next trading sessions.
Charts continue to suggest a recovery to the $1.12 resistance area, but the possibility of one additional downward move remains if the subwaves continue to play out.
Outlook: Recovery targets set for XRPAs XRP rebounds after testing support, CasiTrades signaled her expectation of a move toward the $1.12 resistance. Her projection maps out an advance along the designated wave path, suggesting that this move forms part of a larger corrective sequence not yet completed.
Technical analysis placed further resistance at the 0.382 Fibonacci retracement level of $1.1242, with additional barriers observed at $1.1341 and $1.1640. For the short term, the analyst’s attention remains focused on the pivot near $1.12, awaiting confirmation from market dynamics and subwave formations before adjusting her strategy.
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.
Eight months ago the XRP ETFs launched faster than any product since Ethereum. The bid has since decayed 99%, from $200 million weeks to zero-flow days, leaving $1.49 billion invested, $997 million remaining, and a recovery thesis outsourced entirely to a Senate vote. Here is the full autopsy of a bid, and what its flatline actually prices.
Summary
US spot XRP ETFs launched in November with $667 million in their first month, reaching $1 billion faster than any crypto product since Ethereum’s funds, on an eight-week inflow streak that ran even while Bitcoin funds bled. The bid then decayed by roughly 99%: weekly flows fell from above $200 million to low single-digit millions, the streak ended July 13, and July’s tape shows zero-flow days punctuated by one $7.29 million outflow, the largest since March. The wreckage is precise: $1.49 billion in cumulative inflows now marks against roughly $997 million in net assets, an unrealized deficit near $493 million, with 82% of assets concentrated in three funds and several products flatlined entirely. The one institutional trophy, Goldman Sachs’s $153.8 million position across four funds, is a December-dated 13F snapshot that Bloomberg analysts read as trading-desk facilitation, inside a complex that remains 84% retail-held. The flows have now stabilized at approximately nothing, which the optimistic read calls a floor, and the recovery case has converged on a single external event: the CLARITY Act vote whose odds trade near a coin flip this week. There is a specific moment in the life of every investment product when its story stops being about demand and starts being about anatomy, and for the US spot XRP ETFs that moment can be dated: Monday, July 13, when the daily flow printed zero and an eight-week inflow streak, the product class’s last living narrative, quietly ended. What launched in November as the fastest-growing crypto fund complex since Ethereum’s, $667 million in month one, a billion dollars faster than anyone forecast, institutional validation in fund form, now trades as a case study. The buyers did not rotate, rebalance, or pause. They stopped: from weeks above $200 million to weeks near $2 million, from streak to zero-days, from launch euphoria to a July whose single best session, $6.78 million, amounts to one percent of the early pace. What remains is $1.49 billion of invested capital marking against $997 million of assets, three funds carrying 82% of everything, and a recovery thesis that no longer references the product at all, only a Senate vote. This piece is the full anatomy: how the bid died, what the wreckage precisely looks like, what the lone institutional trophy in the filings actually shows, and what the flatline, honestly read, prices for the asset underneath it.
The decay curve, dated The complex’s eight months divide into three phases so distinct they could belong to different products.
Phase one, the launch bid, ran from November into the winter: $667 million in the first month across seven issuers, the fastest accumulation to $1 billion since Ethereum’s funds, weekly prints above $200 million, and the statistic the marketing decks will never retire, an inflow streak that persisted through weeks when Bitcoin ETFs bled, which was read at the time as evidence of a distinct, durable XRP allocator base. The reading had support: the products launched into the afterglow of the SEC’s surrender, the commodity classification, and the first wave of bank-desk research initiating coverage with conditional price targets in the double digits.
Phase two, the decay, occupied the spring: weekly flows stepped down from nine figures to eight to seven, May still collected over $100 million for the month, and by June the run-rate had thinned to low single-digit millions per week, a decline of roughly 99% from peak that no single event explains and one variable tracks perfectly, the token’s price, which fell from above $2.40 in January to the $1.10s, converting every earlier allocation into a loss and every allocator’s quarterly review into an uncomfortable meeting. Fund flows follow performance with a lag in both directions; the launch streak was the up-lag, and the decay was the down-lag arriving on schedule.
Phase three, the flatline, is July: six sessions of exactly zero flows in the month’s first half, a $7.29 million single-day outflow on July 9, the largest since March, the streak’s formal end on July 13, then a stretch from July 10 through July 20 of zeros and small positives, crowned by the month’s best day, $6.78 million on July 16, driven by two issuers’ desks. The freshest coverage frames the stabilization as survival, the product has not seen an outflow day since July 9, and the framing is technically true and proportionally absurd: the bid that defined the launch is not resting, it is absent, and its absence has become stable. That is what the anatomy shows. The interesting questions are in the tissue.
The wreckage, itemized Four numbers, current as of this week’s data, describe the complex more honestly than any narrative.
$1.49 billion against $997 million. Cumulative net inflows since launch stand near $1.49 billion; total net assets stand near $997 million, roughly 1.45% of XRP’s market capitalization, with about 971 million XRP in custody. The gap, approximately $493 million, is the unrealized loss the allocator base collectively carries, the arithmetic consequence of buying a token averaging well above $1.50 that now trades near $1.10. Every future flow decision the complex’s holders make is made against that deficit, which is the single most important fact in any forecast of the flows resuming: the marginal buyer is being asked to average down into a product whose existing buyers are 33% underwater on invested capital.
82% in three funds. Bitwise holds $312.8 million in assets on $498.3 million of cumulative inflows; Canary $253.2 million on $467.0 million; Franklin $252.2 million on $415.6 million. Together, the top three hold roughly 82% of complex assets, which means the seven-fund complex is functionally a three-fund market with a long tail of products printing zeros. Category-level flow headlines obscure this: an inflow day increasingly means one or two distribution desks had a decent Thursday, and a diversified institutional bid, the launch thesis, would not produce this shape.
84% retail-held. The complex’s ownership base, per the issuer-side analysis that accompanied the spring’s institutional reporting, remains 84% retail, against 48.8% institutional participation in the comparable Solana products, a gap that quantifies how much of the launch narrative, the institutions are here, was distribution, not description. Which frames the trophy correctly.
The Goldman position, read properly. Goldman Sachs’s 13F disclosed $153.8 million across four XRP funds, roughly $40 million in Bitwise, $38.5 million in Franklin, $38 million in Grayscale, $36 million in 21Shares, making it the largest disclosed institutional holder, accounting for 73% of the top 30 institutions’ combined $211 million. The number did real narrative work all spring, and its caveats are the anatomy lesson: it is a December 31 snapshot, disclosed in March, of positions that may not exist today; Bloomberg’s analysts read the four-fund construction as consistent with trading-desk facilitation and client positioning instead of proprietary conviction; and as this publication’s own guide to how to read the Goldman position argues, the form is a rear-view mirror with a 45-day delay, structurally incapable of showing whether the bank held, added, or exited through the subsequent drawdown. The largest institutional XRP position on record is, read strictly, evidence that Goldman’s clients wanted exposure in December. The flows since are evidence of what everyone wanted after.
The geography of the remaining bid One more layer of the anatomy deserves its own examination, because the aggregate US flow numbers conceal a compositional fact with real information in it: through the American flatline, the marginal bid for exchange-traded XRP exposure migrated abroad.
Through the spring decay, European venues carried a share of global XRP product flows out of proportion to their size, with Swiss and broader European ETP wrappers at times representing the substantial majority of weekly net inflows worldwide while the US complex printed its zeros. The absolute sums are modest, European crypto ETPs are an older, smaller, steadier market, but the composition matters for what it falsifies and what it suggests. It falsifies the strongest form of the exhaustion reading: if the asset’s entire allocator universe were fully purchased, the European bid would have flatlined alongside the American one, and it did not. And it suggests where the marginal buyer actually lives: in jurisdictions where the asset’s legal status was never contested, where MiCA-era frameworks settled classification questions years earlier, and where the products consequently trade as ordinary alternatives allocations, not as bets on a Senate calendar.
Read that way, the geographic split becomes the cleanest natural experiment available on the outsourced thesis. The American flows died in the jurisdiction where the asset’s status remains hostage to legislation; the European flows persisted, modestly, in jurisdictions where it does not. If legal permanence is truly the binding constraint on institutional allocation, the CLARITY experiment has already run abroad, and its result, steady but unspectacular demand, prices the upper bound of what passage realistically unlocks: not the JPMorgan-forecast flood, but a normalization to the European pattern, mid-single-digit millions weekly, compounding quietly, unheroically, forever. That is a real bull case, and it is a fraction of the one being marketed.
The alternative reading restores the American market’s exceptionalism: US wealth-management distribution is an order of magnitude deeper than Europe’s, the RIA channel that turned Bitcoin’s ETFs into a $52 billion complex has no European equivalent, and the launch month’s $667 million showed what that distribution can move when it has a story to sell. On this reading, Europe measures the floor of post-CLARITY demand and America’s launch month measured the ceiling, and the truth, as usual, books a room between them. Either way, the geographic ledger deserves a place in every flow analysis this complex receives, because it is the one dataset showing what XRP demand looks like when Washington is not the variable, and it has been quietly reporting that answer, in Swiss francs, all year.
The regulated-channel counterpoint One dataset complicates the pure decay story, and honesty requires it: while the spot complex flatlined, the regulated derivatives channel set records.
CME’s XRP futures built to a peak of $1.4 billion in open interest with 29 large open-interest holders, a record for the venue, even as total XRP derivatives open interest across all venues collapsed from its $10 billion peak by margins reported between 75% and 96%, a deleveraging that wiped out the offshore, retail-levered complex. The split matters because the two channels answer different questions: aggregate open interest tracks speculative leverage, which is gone, while CME positioning tracks the institutions that clear through Chicago, which grew through the wreckage. The honest synthesis is narrower than either headline: the levered retail market deflated, a smaller regulated market matured, and neither flow bought spot tokens, which is why the ETF shelf and the price both starved while the derivatives venue celebrated. Institutional infrastructure and institutional demand are different things, a distinction this asset’s whole history keeps teaching. For the underlying distribution picture, crypto.news has also mapped the supply map under the products.
What the flatline prices Strip the anatomy to its meaning and three readings compete, with the tape currently endorsing the bleakest.
The floor reading, the optimists’ case, holds that the shakeout is complete: outflows never cascaded, the post-July 9 tape shows zero net redemption, the deficit is carried rather than capitulated, and a stabilized base at $1 billion of assets is the platform a catalyst builds on. Its evidence is real, the complex genuinely did not unwind the way GBTC-era products did, and its weakness is that a floor with no bid above it is just a ledge.
The exhaustion reading holds that the launch consumed the entire natural buyer base: the crypto-native allocators, the RIA early adopters, and the bank desks servicing client curiosity all bought in the first two quarters, at prices 40% above the current market, and no second cohort exists at any price the first cohort’s losses will allow advisers to recommend. On this reading the flatline is not a floor but a completed distribution, and the zero-days are what a fully-sold product looks like.
And the outsourced reading, the one the complex’s own defenders now lead with, holds that the flows return when Washington acts: legal permanence unlocks the institutional allocation the launch never actually contained, the 84% retail share inverts, and the JPMorgan-style first-year forecasts the complex undershot get a second life under a market-structure law. This is the reading that matters, because it is the one being priced, and its honest form is uncomfortable: it concedes the product failed to generate durable demand on its own and converts the entire recovery case into a claim about one bill, whose cloture count stands unresolved this very week, whose passage odds trade near a coin flip, and whose own conditional structure, as this publication’s analysis of the conditional targets riding these flows showed, was already the load-bearing wall under every double-digit XRP forecast. The ETF complex, the price targets, and now the flow-recovery thesis have all converged on the same single point of failure. That is not diversification of catalysts. It is concentration, in a legislature, measured at 41% on Polymarket, and the flatline is what an asset looks like while it waits on it.
What to watch The weekly prints against the zero line. The complex has proven it can avoid outflows; the open question is whether anything above $10 million a week ever returns without a legislative trigger. Sustained mid-eight-figure weeks would falsify the exhaustion reading on their own.
The concentration ratio. Watch whether the three-fund share of assets rises above 82%, consolidation continuing, or whether the tail products show life, the only clean signal of a broadening buyer base instead of two sales desks working.
The CLARITY binary, and the day after. Passage would run the outsourced thesis’s experiment in real time: the flows either arrive within weeks, validating everything, or they do not, which would be the most damaging data point in the asset’s institutional history, because it would exhaust the last explanation. Failure of the bill runs the mirror experiment on the deficit’s holders. That is the event the recovery thesis waits on.
The Q1 13F cycle’s ghosts. The May filings covering the drawdown quarter will show whether Goldman and the top-30 cohort held through the decline. A largely intact institutional roster supports the floor reading; a vanished one completes the anatomy.
Eight months ago the XRP ETFs were the proof that institutional demand existed. The anatomy shows what they actually proved: that distribution existed, that a launch window monetized it, and that demand, the durable kind that buys drawdowns, was never located. The complex now holds $997 million, a $493 million scar, and one hypothesis left to test, scheduled for a Senate floor that has not yet set the time. Products usually die of redemption. This one’s fate is stranger: fully built, fully priced, and waiting, with the rest of its asset class, for Washington to tell it whether the buyers were ever real. For context, crypto.news has explained he flow machinery itself.
Frequently asked questions What happened to the XRP ETF inflows? They decayed roughly 99% from launch. The products drew $667 million in their first month from November and sustained an eight-week inflow streak, but weekly flows fell from above $200 million to low single-digit millions by summer. The streak ended July 13, July logged six zero-flow sessions and a $7.29 million outflow day, and the month’s best session brought just $6.78 million.
How much money is in the funds now, and what is the loss? Cumulative net inflows stand near $1.49 billion, while total net assets are roughly $997 million, about 1.45% of XRP’s market capitalization, with approximately 971 million XRP in custody. The gap of roughly $493 million represents unrealized losses on invested capital, reflecting purchases made at substantially higher token prices than the current $1.10 area.
Which funds dominate the complex? Three of seven: Bitwise with $312.8 million in assets, Canary with $253.2 million, and Franklin with $252.2 million, together roughly 82% of all complex assets. The remaining products frequently print zero daily flows, meaning category-level inflow headlines usually reflect activity at one or two distribution desks, not broad-based demand.
Does Goldman Sachs’s position change the picture? Less than headlines suggested. Goldman’s $153.8 million across four funds, disclosed in its Q4 2025 13F, made it the largest institutional holder, about 73% of the top 30 institutions’ combined exposure. But the filing is a December 31 snapshot published in March, Bloomberg analysts read the construction as trading-desk facilitation rather than directional conviction, and the complex overall remains 84% retail-held.
How does the CME futures record fit the story? As a counterpoint about a different market. CME’s XRP futures reached a record $1.4 billion in open interest with 29 large holders even as total XRP derivatives open interest collapsed as much as 96% from its $10 billion peak. The regulated channel matured while offshore leverage deflated, but neither development bought spot tokens, which is why the ETF flows and the price starved simultaneously.
Is the recent stabilization a positive signal? It is the debated question. Since the July 9 outflow, daily flows have been zero or slightly positive, no redemption cascade has occurred, and the deficit is being carried rather than capitulated, the floor reading. The skeptical reading calls the same tape exhaustion: the natural buyer base fully purchased during launch and no second cohort exists at current prices. The flatline is consistent with both until something moves.
Why does everything now depend on the CLARITY Act? Because every other catalyst has been consumed. The SEC resolution, the launches, and the bank coverage all occurred, and the flows died anyway, leaving legal permanence as the last untested explanation for why institutional allocation has not arrived. The recovery thesis for the flows, the analyst price targets, and the asset’s broader institutional case have converged on the same legislative binary, currently priced near a coin flip.
What should investors watch next? Weekly flows against the zero line, with sustained mid-eight-figure weeks as the falsifier of the exhaustion reading; the three-fund concentration ratio, for any sign of a broadening base; the Q1 13F filings covering the drawdown quarter, to see whether the institutional roster held; and the CLARITY vote itself, whose aftermath in either direction runs the decisive experiment on whether the buyers return. This is not investment advice.
Disclaimer: This article is for information and educational purposes only and does not constitute financial or investment advice. Flow figures and asset values change daily and reflect data available at the time of writing. Nothing here is a recommendation to buy, sell, or hold any asset or fund. Always do your own research. Information is accurate as of July 24, 2026.
Ripple (XRP) slides toward the short-term $1.10 support on Friday, as broader crypto market sentiment weighs on crypto assets. The sell-off mainly stems from fears of inflation in the United States (US) amid the ongoing war in the Middle East and rising Oil prices.
Simon-Peter Massabni, Business Development Head at XS.com, says that digital assets are facing repricing risks due to rising geopolitical tensions and inflation fears.
“Rising oil prices, renewed inflation concerns, shifting expectations for US monetary policy, and continued institutional capital inflows are all shaping market sentiment,” Massabni said in a comment.
Ripple Mint launches to expand RLUSD accessRipple announced the launch of Ripple Mint on Wednesday, a platform providing a unified way for institutions to access, mint, redeem and manage the RLUSD stablecoin.
Ripple Mint was designed to address existing gaps in RLUSD execution by offering access to a user interface with built-in control and oversight. The platform also supports programmatic access to enable automation and system-level integration.
Institutions using Ripple Mint can mint and redeem RLUSD directly from the source, bridge RLUSD across chains, track funds throughout the transaction lifecycle, and integrate RLUSD into their internal systems or workflows.
“This expansion also creates stronger utility between XRP and RLUSD together. As RLUSD becomes available across these environments, XRP will increasingly serve as complementary assets for liquidity, settlement, swaps, collateral, and payments activity across supported chains,” Ripple stated in the press release.
Meanwhile, institutional interest in XRP-related digital assets, such as spot Exchange-Traded Funds (ETFs), is fading, as evidenced by muted activity on Wednesday and Thursday. Cumulative weekly inflows stand at $8 million through Thursday, according to SoSoValue.
XRP ETF flows | Source: SoSoValue“In my view, what we are witnessing is not the beginning of a new bearish cycle, but rather a healthy repricing of risk following a strong rally, provided that institutional demand remains intact and does not give way to broad-based selling pressure,” Massabni added.
Price analysis: XRP bears poised to tighten gripXRP trades at $1.11, holding in a corrective phase below key moving averages, which keeps the broader bias bearish despite the recent stabilization. Price action remains capped by the 50-day Exponential Moving Average (EMA) at $1.14, with the Parabolic SAR at $1.07 also positioned above spot and reinforcing overhead pressure.
Momentum is mixed, as the Relative Strength Index (RSI) hovers near a neutral 49 while the Moving Average Convergence Divergence (MACD) histogram has turned lower, hinting that bullish attempts are losing traction underneath the dominant downtrend defined by the downward trending moving averages.
XRP/USDT daily chartOn the topside, initial resistance is seen at the Parabolic SAR level around $1.07, followed by the 50-day EMA at $1.14, where a daily close above would be needed to ease immediate downside pressure. Beyond that, the 100-day EMA at $1.23 and the 200-day EMA near $1.43 form a broader supply band that would likely cap any extended recovery unless buyers regain stronger control.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
Ripple FAQs Ripple is a payments company that specializes in cross-border remittance. The company does this by leveraging blockchain technology. RippleNet is a network used for payments transfer created by Ripple Labs Inc. and is open to financial institutions worldwide. The company also leverages the XRP token.
XRP is the native token of the decentralized blockchain XRPLedger. The token is used by Ripple Labs to facilitate transactions on the XRPLedger, helping financial institutions transfer value in a borderless manner. XRP therefore facilitates trustless and instant payments on the XRPLedger chain, helping financial firms save on the cost of transacting worldwide.
XRPLedger is based on a distributed ledger technology and the blockchain using XRP to power transactions. The ledger is different from other blockchains as it has a built-in inflammatory protocol that helps fight spam and distributed denial-of-service (DDOS) attacks. The XRPL is maintained by a peer-to-peer network known as the global XRP Ledger community.
XRP uses the interledger standard. This is a blockchain protocol that aids payments across different networks. For instance, XRP’s blockchain can connect the ledgers of two or more banks. This effectively removes intermediaries and the need for centralization in the system. XRP acts as the native token of the XRPLedger blockchain engineered by Jed McCaleb, Arthur Britto and David Schwartz.
The XRP ecosystem has welcomed over $800 million worth of distributed real-world assets this year amid the growing tokenization trend on the network.
The tokenization market has continued to grow in 2026, with its total value now exceeding $410 billion. Current data puts the market at $410.70 billion, made up of $36.72 billion in distributed asset value and $373.98 billion in represented asset value.
Growth has been especially strong in the distributed asset segment. At the beginning of the year, distributed asset value, excluding stablecoins, stood at $25.39 billion. It has since risen to $36.72 billion, as interest in tokenization has gained momentum throughout the year.
XRPL Adds Over $800 Million in Distributed RWA The XRP Ledger has also benefited from the growing interest in tokenized assets. As more attention has moved toward the sector, the network has expanded the value of assets issued directly on the ledger.
Data shows that the XRP Ledger now holds $1.319 billion in distributed asset value when stablecoins are included. Without stablecoins, the figure stands at just $323.18 million.
The network began 2026 with $518 million in distributed real-world assets. Since then, that figure has climbed to $1.319 billion, meaning the XRP Ledger has added exactly $801 million in distributed RWAs this year. The increase shows the network’s growing role in the broader tokenization market.
Distributed RWA on XRP Ledger RLUSD Leads the Growth Ripple’s stablecoin, RLUSD, has driven most of the increase in distributed assets on the XRP Ledger. At the start of the year, RLUSD had a market capitalization of $235 million. It has since grown to $896 million, adding $661 million in value during 2026.
Ripple has supported this growth by increasing RLUSD minting on the XRP Ledger while burning more of the stablecoin on Ethereum. As a result, RLUSD now makes up 67.96% of the XRP Ledger’s total distributed asset value.
The stablecoin ecosystem on the network has also continued to expand. Combined stablecoin market capitalization on the XRP Ledger has reached $995 million, bringing it close to the $1 billion mark.
Alongside RLUSD, Braza USDB contributes $69.44 million, BBRL accounts for $12 million, and USDC adds $5.8 million, with several other stablecoins making up the remainder. These assets have played an important role in increasing the ledger’s distributed asset value.
Total RWA on XRP Reaches $5.35 Billion The XRP Ledger’s tokenized asset ecosystem extends beyond distributed assets. When represented asset value is included, the network now supports $5.35 billion in real-world assets, including stablecoins.
Several tokenized products account for much of that value. The largest is JMWH from Justoken, which is worth $2.229 billion. RLUSD follows with $876 million, while the Ondo Short-Term US Government Bond Fund contributes $222 million. The ASENA FIF – Single Tranche product also represents a significant share with $215.7 million.
These figures confirm how quickly the XRP Ledger’s tokenized asset ecosystem has expanded this year. RLUSD has led the growth in distributed assets, while several large tokenized financial products have strengthened the network’s represented asset 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.
XRP is experiencing a sharp spike in spot market flows, diverging from the broader momentum seen across other major digital assets. Despite an overall constructive sentiment in the cryptocurrency market, XRP continues to trade below critical resistance levels even as activity on exchanges accelerates.
Trading activity spikes despite muted price actionRecent market data shows that spot flows for XRP surged by 182% over a short period, signaling an abrupt increase in coins moving through spot exchanges. However, this rise does not explicitly indicate significant buying or accumulation. Instead, analysts interpret the data as evidence of heightened trading from both sides, reflecting mixed sentiment among participants.
The sustained uptick in trading volume comes at a time when Bitcoin, often seen as a bellwether for the digital asset sector, has stabilized after a period of price turbulence. Several high-cap cryptocurrencies have begun to recover recent losses, but XRP remains stalled below its key $1.10 resistance zone.
Technical signals remain challenging for XRPA technical review finds that XRP is still trading beneath its 50-day, 100-day, and 200-day moving averages. This pattern signals a continued bearish bias for the medium to long term. Despite forming a modest ascending support line, bullish traders have not mustered sufficient strength to propel prices above the major averages.
As long as XRP remains capped below the 50-day moving average, currently located around $1.11 to $1.12, upward attempts are expected to face significant selling interest. Until a decisive breakout above these levels occurs, the outlook is likely to stay cautious.
Moving AverageCurrent Price RelationResistance Range50-dayBelow$1.11 – $1.12100-dayBelow–200-dayBelow–On-chain metrics and market positioningOn-chain activity for the XRP Ledger presents a varied outlook. Daily payment volume has cooled compared to July’s surge, when transactions momentarily exceeded one billion XRP in a single day. Despite this pullback, payment counts remain solid, and the number of active users has remained relatively stable over the past month. This trend suggests that XRP’s core ecosystem continues to see steady participation, even as transferred value retreats.
Ripple, the company closely associated with XRP, was established to facilitate fast and affordable cross-border payments using distributed ledger technology. The XRP Ledger serves as the foundational blockchain supporting the network’s operations for transactions and settlements.
Mini dictionary: XRP Ledger, a decentralized blockchain designed to enable fast and efficient cross-border transactions, supporting the XRP cryptocurrency and its payment ecosystem.
The notable surge in spot flows is viewed by some market participants as a signal of portfolio adjustments and preparation for possible volatility, rather than a clear indication of bullish accumulation. Traders typically increase spot transfers when anticipating significant market moves, whether to lock in profits or to refocus capital deployment.
XRP spot flows climbed 182%, yet the price failed to surpass major resistance zones while market observers viewed the activity as a reflection of portfolio repositioning rather than a new phase of accumulation.
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 could be repeating the same price pattern that came before its massive rally in the 2017/2018 market cycle.
Latest market data suggests the asset is again moving within a symmetrical triangle, similar to the structure that eventually led to a remarkable 66,000% gain and pushed XRP to $3.31 nine years ago.
The first version of this symmetrical triangle played out over several years. Specifically, it started after XRP fell from its $0.0614 high in December 2013 and continued until the breakout in March 2017.
Once XRP broke above the pattern, an impressive rally ensued. The token climbed more than 66,000%, rising from around $0.005 in March 2017 to a peak of $3.31 in January 2018.
XRP Has Formed A Bigger Triangle The current symmetrical triangle is larger and took much longer to develop than the previous one. Unlike the first pattern, this one has formed over an entire market cycle.
This second triangle started forming after XRP dropped from its $3.31 peak in January 2018. The asset remained inside the pattern for years before finally breaking above the upper resistance line.
XRP broke above the triangle’s main resistance line during the Trump-led November 2024 rally. The breakout triggered a strong move higher, sending the asset from about $0.5 to $3.4 by January 2018. After the rally, XRP pulled back before climbing again to a new all-time high of $3.6 in July 2025.
XRP Triangle Structure Notably, the rally did not continue immediately after reaching that peak. Instead, XRP entered a deep correction that brought it back toward the previous breakout area and rising macro support. This phase represents an important test of the long-term structure, as XRP currently remains in this broader downtrend.
RSI Shows Oversold Conditions Despite the ongoing weakness, one key momentum indicator has moved into an area that previously marked strong accumulation zones.
Notably, the monthly Relative Strength Index (RSI) has dropped into oversold territory at 41.85, near levels where XRP has historically attracted long-term buying interest.
Currently, the price remains weak, market sentiment has become exhausted, and much of the previous rally has faded.
However, the broader breakout structure has not been invalidated. Importantly, traders should prepare for continued volatility, more testing of support, and a difficult path back upward instead of an immediate recovery.
History Suggests a Key Support Level XRP’s current situation resembles what happened after the March 2017 breakout. Following that breakout, XRP dropped to $0.0075 in April 2017. The sudden decline brought the price back to the upper trendline of the triangle, allowing it to complete a successful breakout retest.
After finding support there, XRP resumed its rally and eventually reached $3.31 by January 2018. If buyers defend the present support area this time, the decline could become a normal post-breakout reset instead of the beginning of a larger structural breakdown.
The most important support zone now sits between $0.70 and $0.83, with $0.82 standing out as the key level. This area lines up with the upper trendline of the symmetrical triangle. Holding above that range would help XRP stay above the breakout level and keep the long-term bullish structure intact.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
As XRP regains investor attention, cloud mining platforms like LONG DeFi are highlighting simplified access to digital asset participation and computing power.
Summary
LongDeFi expands cloud mining services as renewed XRP interest drives demand for easier digital asset participation. LongDeFi highlights AI-powered cloud mining platform amid recovering crypto market and growing interest in BTC and XRP. LongDeFi promotes AI-driven cloud mining with newcomer rewards as XRP regains investor attention after World Cup. As the World Cup concludes, the cryptocurrency market continues its recovery, with XRP once again becoming a focus of global investor attention.
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For example:
Beginner: BTC [Smart Cloud Mining] $100 | Term: 2 days | Daily Earnings: $4 | Total Earnings: $100 + $8
Bitcoin [Algorithm-Driven Cloud Mining System] $10000 | Term: 30 days | Daily Earnings: $158 | Total Earnings: $10000 + $4830
For contract details, visit the LONG DeFi website.
As the digital asset market continues to develop, more and more investors are focusing on long-term allocation and diversified participation methods. In addition to traditional cryptocurrency investment, cloud mining services have emerged, and platforms are constantly optimizing to provide users with more opportunities to participate in the digital asset ecosystem. Investing in digital assets has also become an option for some users to explore the digital asset ecosystem.
LongDeFi is committed to providing more convenient and secure cloud mining services and continuously optimizing the platform experience to provide users with better services.
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XRPL Commons has introduced a structured three-track grants program designed to boost developer engagement and support innovation across the XRP Ledger (XRPL) ecosystem. This initiative aims to empower open-source developers, startups, and established blockchain projects as XRPL continues to expand its reach and technological capabilities.
Supporting ecosystem buildersEstablished as a non-profit, XRPL Commons works to advance the XRPL environment by providing education, incubation, funding, and ecosystem support for developers worldwide. Since 2017, total investment in XRPL ecosystem projects has crossed $550 million, with XRPL Commons playing a significant role in nurturing talent and supporting promising initiatives.
The organization reports that the funding landscape has shifted from a centralized model to a collaborative approach, where multiple independent groups come together to back builders on the ledger. After training hundreds of developers, running The Aquarium incubator since 2023, and launching the Glow initiative for rewarding open-source contributions, XRPL Commons now combines these efforts into a formal, multi-stage grants program for all stages of project development.
Three-track grants program detailsThe first track, Glow, rewards developers for completed open-source contributions to the XRPL ecosystem. Supported work includes developer tools, infrastructure improvements, documentation, security enhancements, and protocol development. Glow applications open quarterly and are planned through December 2026. Since launching in October 2025, Glow has already funded 11 projects covering topics such as node management, transaction analytics, and advances in post-quantum cryptography.
Mini dictionary: Post-quantum cryptography, a field of cryptography focused on developing algorithms that are secure against the potential capabilities of quantum computers. Its goal is to protect sensitive information even in a future where quantum computing could undermine standard cryptographic methods.
The second track targets early-stage teams building new applications on XRPL. This stage includes Make Waves, a 90-day competition that recognizes projects achieving the strongest user engagement and on-chain activity. The Aquarium, a nine-week incubator program, extends its reach internationally with online participation, offering technical mentorship and business guidance. Early Stage Grants deliver milestone-based financial support for projects already running on XRPL testnet or mainnet, focusing on teams that can demonstrate measurable adoption and progress.
Boosting enterprise adoption and network expansionThe third grant track serves established blockchain products integrating XRPL infrastructure. For example, LOBSTR, a major wallet in the Stellar ecosystem, recently integrated XRPL following a strategic partnership with XRPL Commons. This move connects over 1.5 million LOBSTR users directly to the XRPL network, expanding their access to its features.
XRPL Commons highlights that these integrations are driven by the ledger’s enterprise-ready architecture, offering a native decentralized exchange that operates without MEV or front-running, compliance-friendly Permissioned DEX capabilities, integrated payment features, escrow, and cross-currency settlements. Transaction finality is achieved in 3–5 seconds, and fees remain well below one cent, providing developers and enterprises with a low-cost, high-speed platform for financial applications.
XRPL FeatureDescriptionNative DEXNo MEV or front-runningPermissioned DEXBuilt-in compliance for regulated marketsTransaction Finality3–5 secondsFeesFractions of a centEscrow & Payment ChannelsSupport for programmable payments and settlementsRecent growth within the XRPL ecosystem is supported by Messari’s Q1 2026 report, showing 3.7 billion transactions processed and a 35.3% quarter-over-quarter rise in daily transaction volume to 2.48 million. Tokenized real-world assets on the ledger reached a record $2.25 billion, reflecting a 124.1% increase over the previous quarter and demonstrating mounting institutional interest in the platform.
Additional ecosystem partnerships have fueled momentum. Alongside LOBSTR, RedotPay recently launched an RLUSD card powered by XRPL in more than 100 countries. This card allows users to obtain stablecoin-backed credit without having to liquidate their XRP holdings.
XRPL Commons points to expanded enterprise adoption and new funding initiatives, saying that these three tracks offer builders—from individual developers to enterprise-scale products—a pathway to accelerate innovation and adoption on the XRP Ledger.
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.
EGRAG CRYPTO, a respected technical analyst in the XRP ecosystem, has reflected on the rapid evolution of both XRP and its community since the early days of the cryptocurrency. His recent analysis emphasizes the asset’s journey from minimal technical scrutiny to frequent coverage by an expanding group of experts.
The Analyst Landscape Has ShiftedEGRAG CRYPTO noted that when the XRP Ledger launched in 2012, dedicated technical analysis around the asset was extremely limited. By 2018, he was already privately analyzing XRP and Bitcoin, focusing on structures such as Fibonacci levels, moving averages, and market cycles. At the time, few analysts publicly applied advanced tools like Elliott Wave and Wyckoff methodology to XRP.
By 2021, when he began sharing his insights openly, EGRAG CRYPTO had become one of the earliest public commentators to consistently produce technical analysis for the XRP community. Since then, the landscape has diversified significantly. More analysts have entered the space, studying XRP’s price action and long-term trends using various technical approaches.
Many now apply distinct methods and may disagree about short-term movements, but a growing number of analysts often reach similar long-term conclusions regarding XRP’s structural outlook.
He believes that this diversity of opinion, coupled with recurring structural patterns identified by independent analysts, strengthens overall understanding and community resilience. For him, the presence of respectful debate helps sharpen analytical frameworks and transforms conviction into informed conviction.
A Timeline Built on StagesIn his post, EGRAG CRYPTO outlined a progression in XRP’s growth. The journey began with fundamentals, advanced through a period dominated by a handful of technical analysts, and has now reached a phase of broad-based public sharing among a larger expert group.
He projects that the next phase will focus on global adoption, anticipating that institutions, banks, corporate entities, developers, and individuals around the world will increasingly utilize XRP and the XRP Ledger for practical use cases.
Mini dictionary: The XRP Ledger is an open-source, decentralized blockchain developed by Ripple for fast and cost-effective cross-border payments. Its consensus mechanism allows quick transaction settlement without mining.
Supporting this outlook, EGRAG CRYPTO shared an illustration depicting a timeline from 2012 through 2076 and beyond. The visual summarizes growing community participation and envisions a future where XRP use spans the globe.
Consistency of VisionThroughout his years covering XRP, EGRAG CRYPTO has maintained a consistent analytical approach even when few paid attention to the asset. Today, he observes others building on some of the foundational ideas he recognized years ago.
He concludes by expressing optimism about the direction of the community, stating that joint learning and collaboration will pave the way for future growth.
Together, we study. Together, we learn. Together, we rise.
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 has introduced Ripple Mint, a new platform designed to help institutions mint, redeem, bridge, and manage RLUSD—the company’s stablecoin—through both a user interface and API integrations. This move aims to bolster RLUSD’s significance in tokenized finance as the trend toward automated treasury workflows gathers pace.
Ripple Mint and RLUSD integrationAccording to Ripple, current RLUSD institutional users already have access to Ripple Mint and its suite of features. The launch is positioned as a key step in providing essential infrastructure for major financial firms, enabling real-time transaction visibility and seamless integration with their existing treasury operations.
The host of Crypto Sensei, a cryptocurrency-focused channel, noted that the platform’s automation and transparency are intended to help accelerate the uptake of digital asset infrastructure in traditional finance circles. Ripple’s focus is to make RLUSD a central settlement tool for tokenized assets and funds, offering liquidity beyond the traditional exchange-traded stablecoin model.
BNY Mellon’s role in stablecoin reservesBNY Mellon serves as custodian for RLUSD’s underlying cash and Treasury-backed reserves. The bank, one of the world’s largest custodians, has extended its digital asset settlement infrastructure to support Ripple’s stablecoin ambitions and broaden the access of its institutional network to the tokenized finance sector.
With approximately $54 trillion in assets under custody or administration, BNY Mellon accounts for more than 20% of the world’s investable assets. Its partnership with Ripple reflects an ongoing shift as established banking institutions explore digital asset models and custody solutions.
Mini dictionary: BNY Mellon is a global bank and financial services company known for its asset servicing, investment management, and digital custody offerings, playing a key role in financial market infrastructure.
Tokenized treasuries and always-on marketsWhile tokenized Treasury settlement products are growing, they remain relatively small compared to the traditional bond market. U.S. Treasuries outstanding exceed $30 trillion, while the current market for tokenized Treasury products was estimated at around $7.4 billion.
The push for “always-on” markets aims to make Treasury, collateral, and credit transaction infrastructure available 24/7. In this setting, RLUSD could operate as a cash-equivalent form of settlement liquidity for tokenized assets, facilitating round-the-clock operations rather than functioning solely as a stablecoin for exchange trading.
In the pursuit of continuous settlement, RLUSD is positioned to support the liquidity needs of tokenized funds and Treasury instruments, potentially transforming it from a traditional stablecoin into an institutional-grade settlement solution.
Institutional applications and XRP-backed receiptsCrypto Sensei indicated that Ripple Prime, the company’s institutional digital asset platform, has reportedly begun issuing depository receipts backed by XRP. This structure lets institutions post XRP as collateral and, in return, access dollar-denominated credit. Such a mechanism makes it possible for institutions to gain trading exposure, including to CME futures, without needing to directly sell their XRP holdings.
Some financial institutions face restrictions on holding crypto assets directly. The creation of receipts representing XRP held in custody could allow these firms to manage exposure to digital assets through traditional portfolio systems. The current scale and list of official counterparties for this initiative have not been disclosed publicly.
Mini dictionary: Depository receipts are transferable financial instruments that represent ownership of securities or assets held by a custodian, allowing institutional investors to gain indirect exposure to underlying assets.
Some institutional desks may not have the regulatory clarity required to directly hold crypto, so XRP receipts facilitate access and credit without breaching internal policies.
XRP ETF exposure growsThe analyst also cited an uptick in U.S. spot XRP ETF activity, which is approaching $1 billion in assets under management. Current figures suggest these ETFs are about 23 million XRP away from surpassing that milestone, highlighting increasing institutional interest in XRP-based investment products.
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.
