XRP gained 43.7% in the seven days to August 26, the strongest run among the top 10 cryptocurrencies by market cap, driven by simultaneous demand from US spot ETF inflows, Korean spot trading, and Binance's largest futures accounts. US spot XRP ETFs recorded six straight positive sessions from August 18 to 25, with net assets climbing from $941.41 million to $1.46 billion, though that includes price appreciation. On Upbit, XRP ranked first among 286 won markets with 16.3% of turnover, yet the price stayed within 0.1% of Bybit's, indicating broad participation without a local premium. Binance's top-trader position ratio rose 3.8% to 2.24, while the all-account ratio fell 27.7%, suggesting large accounts held or added longs while others retreated, though this does not confirm whale accumulation. Open interest fell 8.9% in 24 hours but held 12.9% higher over the week, with funding at 0.01%, showing traders unwound short-term leverage without abandoning the weekly build-up. The rally remains asset-specific, as Bitcoin dominance stood at 59.3% and the Altcoin Season Index read 40 of 100, indicating no broad altcoin season.
A new SEC filing for the Cryptex Digital Market Cap ETF contains wording that hints Ripple could increase its XRP releases, according to attorney Bill Morgan. The registration document's language has sparked community discussion about potential additional supply hitting the market. Morgan highlighted the detail, which suggests Ripple might boost the amount of XRP it unlocks. The filing does not specify a timeline or quantity, but the implication has drawn attention from XRP holders.
XRP spot exchange-traded funds have extended their streak of daily net inflows to nine consecutive trading days as of August 25, with investors adding $23.87 million to the products despite a broader crypto market sell-off.
XRP Ledger to Add Native Lending and Privacy Tools
The XRPL Foundation's Head of Community and dUNL validator Vet announced that native lending and privacy tools are coming to the XRP Ledger. Vet published a detailed breakdown of the forthcoming upgrades, which will introduce credit and privacy features directly on the XRP-oriented blockchain. The announcement signals a significant expansion of the ledger's functionality beyond payments and token issuance. No specific launch date or technical specifications were provided in the announcement.
XRP's SWIFT Advantage Fades as Banks Tokenize Money Onchain
XRP's early cross-border payments advantage is eroding as major banks launch tokenized deposit networks that reduce pre-funding needs. JPMorgan's Kinexys network now offers eight-currency blockchain deposit accounts with on-chain FX, while Citi's 24/7 USD Clearing and Token Services reach over 250 banks across more than 40 markets. SWIFT has demonstrated interoperability between HSBC and Standard Chartered deposit tokens, with 17 banks preparing live transactions. Ripple itself is diversifying settlement options to include RLUSD, USDC, USDT, and fiat, reducing reliance on XRP as a bridge asset.
XRP Ledger Active Addresses Surge 659% as Price Holds at $1.5
XRP has continued to see growing network participation as its recent price breakout has massively reignited interest across the crypto ecosystem and traders are increasingly engaging with its network. Active addresses on the XRP Ledger surged 659% while the token's price held at $1.5.
Gemini has enabled direct XRP deposits and withdrawals via the XRP Ledger for its Singapore users, a move CEO Tyler Winklevoss called big news for the Ripple Army in Asia. The integration lets customers move XRP between Gemini and compatible external wallets, removing friction for on-chain transfers. The announcement follows a 52.9% XRP rally from $0.9877 on Aug. 17 to about $1.51 on Aug. 23, adding roughly $32 billion in market capitalization. It also revives attention on Bitwise's maximum-case XRP price target of $29.32 by 2030, which would require a market cap of about $2.9 trillion. Former Ripple CTO David Schwartz said such extreme targets are unlikely without major unpredictable catalysts.
XRP rises to fourth in market cap, overtaking USDC and BNB at about 15 trillion yen
Cryptocurrency XRP's market cap has overtaken BNB to reach fourth place. According to CoinMarketCap, as of 10 a.m. on August 25, XRP's market cap was 94.5 billion dollars, about 15 trillion yen, while BNB's was 94.4 billion dollars, about 14.98 trillion yen, and the two assets have remained close, with their rankings swapping since then. XRP has risen about 48 percent over the past seven days, with its price hovering around 1.5 dollars. Behind this are Ripple's announcement on August 18 of a partnership with South Korea's Jeonbuk Bank, Ripple Prime's completion of a private placement of 275 million dollars in senior unsecured notes, and an announcement on the 20th that Ripple, Cicada Partners, and Clearpool will build an institutional credit market on the XRP Ledger.
Evidence shows XRP cannot be used to settle transactions inside the Federal Reserve's FedNow instant-payment network, despite claims circulating among crypto users. Volante Technologies supports both FedNow connectivity and a separate Ripple connection, and in 2020 stated its platform could settle through XRP via its Ripple connection. However, FedNow documentation confirms it settles by debiting and crediting banks' designated Federal Reserve master accounts, with no XRP conversion or public blockchain transaction. A financial institution could theoretically combine XRP and FedNow in a multi-rail payment flow, with XRP handling a cross-border leg and FedNow handling the final US dollar payout, but there is no public evidence that banks are doing this at scale today.
XRP ETF Inflows Hit $1.55 Billion Record Amid 70% Price Surge
Spot XRP ETFs recorded their best week since May, gaining $39.78 million as the token exploded to a seven-month high following months of stagnant demand. Investors returned to the funds on August 18, pouring $5.81 million in what became the biggest daily net inflow of the month at that point, following a painful streak in which seven of the month's first eleven trading days saw no inflows at all. Inflows picked up Thursday at $13.24 million, then jumped to $18.38 million on Friday, the single-best day for the funds since May 14, according to SoSoValue data, pushing the cumulative total net inflows to a new all-time high of $1.55 billion. Bitwise's XRP fund extended its lead as the largest, holding $542.69 million in cumulative inflows, followed by Canary Capital's XRPC at $468.12 million and Franklin's XRPZ at $434.16 million. After defending the $1.00 support level, the token skyrocketed 70% in under 72 hours, reaching $1.70 by Saturday morning before facing rejection and pulling back to $1.42, though buyers stepped in again and XRP currently trades near $1.50.
Altcoins Revive as Market Value Surges by 215 Billion Dollars, Led by Zcash's 71% Gain
Altcoins have come back to life, with total market value rising by about 215 billion dollars between August 19 and 22, pushing Total2, the combined market cap of all cryptocurrencies excluding Bitcoin, back above 1 trillion dollars. On Binance, 56 percent of altcoins are trading above their 200-day moving average, a reversal from the prior period when 80 to 85 percent of tokens were below that level. Zcash jumped 71.3 percent over the week to near 832 dollars, leading all top 50 assets, while XRP gained 48.7 percent to near 1.47 dollars and Hyperliquid added 38.4 percent to near 80 dollars. Pump.fun rose 81 percent over the week after announcing zero trading fees for tokens on Solana. Even Bitcoin and Ethereum gained more than 20 percent over the week, with Bitcoin trading near 77,000 dollars and Ethereum near 2,437 dollars.
Upbit trading volume surges 273%, signaling a return of funds to South Korea's crypto market
Upbit, South Korea's largest cryptocurrency exchange, recorded roughly 1.84 billion dollars in trading volume over the past 24 hours, a 273 percent increase from the previous day and the highest level since mid-March. Amid a rebound in Bitcoin prices, XRP led trading with about 418.9 million dollars, followed by Bitcoin, Tether, and Ethereum. At Bithumb, the country's second-largest exchange, trading volume rose 132.9 percent from the previous day to about 934.9 million dollars, with XRP also the most actively traded asset there. South Korea's crypto market had been sluggish since early 2026, with investment funds flowing into the stock market, but since late June the crypto market has rebounded following the U.S. Treasury's announcement of expanded bond buybacks, and some analysts say retail investor interest is picking up again.
XRP Price Hides 723% Imbalance: Buying Rush Leaves $24 Million in Longs Exposed
A hidden imbalance has formed in the XRP market, which the spot chart masks with a stable price above $1.50. While the coin continues to hold its ground, fresh data from CoinGlass and Bitfinex shows that the current wave of buying is overheated by margin capital.
The XRP Ledger has seen a 150.2% increase in transactions per closed ledger, reaching about 176.33. This metric measures the amount of activity the network processes during each ledger cycle, making it a direct indicator of network usage rather than price-driven metrics. The rise suggests growing adoption and utilization of the XRP Ledger.
XRP surged 52% in four days from a $0.99 cycle low to $1.50, adding $32 billion to its market cap. Falling Treasury yields, President Trump's public backing of the CLARITY Act, $400 million in whale buying, and $3.3 billion in forced short covering drove the rally. XRP should hold $1.29 through September 15's cloture vote, but a failed vote or surging yields could push it back to $1.20.
Ripple Launches Institutional Lending Fund on XRP Ledger
Ripple, ClearPool, and Cicada Partners are reportedly building an institutional lending product on the XRP Ledger. The fund is designed to use Ripple-issued stablecoin RLUSD for working capital loans to fintech and payments companies, with ClearPool providing the lending infrastructure and Cicada Partners handling borrower selection and credit risk management. Ripple is participating as a limited partner on the same terms as other investors, but the fund size and contribution amount have not been disclosed. Implementation requires approval from 80% of validators, and at the time of reporting the approval rate stood at only about 40%. In the 24 hours after the announcement, XRP rose roughly 16%, and it was up more than 46% week over week.
Crypto liquidations hit highest level since Oct. 10 crash
Crypto short liquidations reached their highest level since the Oct. 10, 2025 market crash on Aug. 19, as prices rallied after the U.S. Treasury announced it is at least doubling longer-term government bond buybacks. CoinGlass data shows $2.73 billion in shorts were wiped out, versus only $248.10 million in longs, for a total of $2.97 billion in liquidations. The Oct. 10 crash, triggered by President Donald Trump's tariff threat against China, saw $19.24 billion in total liquidations, including $16.78 billion in longs. Bitcoin surpassed $72,000 on Aug. 20 for the first time since June 1, trading at $71,757.02, up 11.5% in 24 hours, while Ether rose 19% to $2,275.80 and XRP rose 19% to $1.21.
XRP Climbs to Fifth in Crypto Rankings After 20% Rally
XRP surged over 20% in 24 hours to $1.24, overtaking USDC to become the fifth-largest cryptocurrency by market value at $77.47 billion. The rally was triggered by the US Treasury's announcement on Wednesday that it would at least double long-end bond buybacks to $4 billion per operation starting September 9, which pushed the 30-year Treasury yield down from a 2007 high of 5.34% to 5.196% and weakened the dollar. The move sparked roughly $3.3 billion in crypto short liquidations, the largest single-day total this year, with Bitcoin clearing $72,000 for the first time since early June. President Trump met with Ripple CEO Brad Garlinghouse and other crypto executives at the White House and pressed the Senate to pass the CLARITY Act on crypto regulation. XRP now holds a $5.20 billion lead over USDC, though its relative strength index remains below the 60 level needed to confirm a buy signal.
Ripple Prime completes $275 million bond issuance, XRP rises about 10% in 24 hours
Ripple Prime has completed a private placement of $275 million in senior unsecured notes, upsized from the original amount, and received an investment-grade BBB rating from KBRA. The proceeds will be used for working capital and general corporate purposes, supporting Ripple Prime's business expansion in settlement, prime brokerage, and lending services. Amid a broader market increase in risk appetite driven by the U.S. Treasury's expanded buyback plan and lower Treasury yields, XRP rose about 10% in 24 hours to reach $1.10. XRP open interest increased by only 3.55% over 24 hours, suggesting the rally was primarily supported by spot buying rather than a surge in new leveraged positions.
Binance has doubled the maximum leverage for XRP and Ripple USD on its Portfolio Margin platform from 5x to 10x. The world's largest cryptocurrency exchange announced the revision of its Portfolio Margin platform parameters, with the change taking effect before August 21. The adjustment applies specifically to XRP and Ripple's U.S. dollar stablecoin, Ripple USD (RLUSD).
XRP Network Sees 280% Surge in Million-Dollar Transactions
The XRP Ledger recorded a 280% increase in transactions worth more than $1 million, with 38 such transfers occurring over 24 hours. The surge in high-value activity comes ahead of regulatory talks in the United States and infrastructure expansion in South Korea.
XRP Falls Below $1 for First Time Since November 2024
XRP fell as low as $0.99 during the August 12 session, slipping below $1 for the first time since November 2024. The token first crossed $1 on Nov. 16, 2024, before reaching a peak of $3.42 in July 2025, but the broader crypto market downturn has since erased much of that advance. Derivatives exposure has been rebuilding, with Binance's seven-day change in XRP open interest moving from about -13% on Aug. 1 to +7.4% by Aug. 11, while market-order data continued to favor sellers, as Binance's perpetual cumulative volume delta fell from roughly -$251M at the beginning of August to -$349.5M by Aug. 11. US-listed XRP investment products saw four consecutive months of inflows exceeding $300M, with monthly totals of $81.59 million in April, $131.94M in May, $59.46M in June, and $27.29M in July, as reported by CoinGlass. In contrast, 21Shares' XRP ETF, TOXR, reported a 54.4% decline in net assets by the end of June, dropping to $112.9M from $247.7M in December, and remained the only US spot XRP ETF with negative cumulative flows since launch, at around $20M.
Solana Arrives on XRP Ledger DEX With One Key Warning for Users
Solana is now available on the XRP Ledger DEX, according to Hussein Zangana, director of community at the XRP Ledger Foundation. The asset is wrapped and issued by Axelar, connecting Solana and the XRP Ledger. Users should note one key warning regarding the integration.
Evernorth revises share calculation terms for Nasdaq listing
Evernorth, which holds and manages XRP, announced on August 13 that it has changed the method for calculating the number of shares to be issued to investors participating in a private placement as part of its business combination for a Nasdaq listing. Previously, the number of shares was calculated based on the XRP price of $2.36 used at the time of the agreement, but going forward it will reflect the volume-weighted average price of XRP at the time the transaction closes. As of August 15, XRP was around $1.00, down about 58% from the $2.36 at the time of the agreement, and based on current prices the number of shares issued is expected to be lower than originally planned. This is expected to reduce the dilution of existing shareholders of special purpose acquisition company Armada Acquisition Corp II compared with the original plan, and increase the proportion of XRP treasury per share. Investors representing more than 95% of committed funds have agreed to the new terms, and Armada II's sponsor has also agreed to adjust founder shares at the same ratio as upfront investors. The business combination is expected to be completed between late third quarter and early fourth quarter of 2026, following SEC review and other processes.
Ripple Pumps Ethereum Stablecoin Supply Close to Internal Record
Ripple is rapidly shifting its RLUSD stablecoin supply from the XRP Ledger to Ethereum, with Ethereum's share approaching an internal record. Fresh capital flows are now moving to Ethereum, challenging the XRP Ledger's monopoly on hosting Ripple's main dollar-denominated asset. The development raises questions about whether XRP, the ecosystem's 'North Star', is taking a back seat.
XRP Whales Absorb 72 Million More Coins as ETFs Drop Below $1 Billion Net
XRP whales have absorbed an additional 72 million coins, offsetting a decline in institutional interest that pushed exchange-traded funds' net assets below the symbolic $1 billion mark. Large long-term investors are increasing their positions at the $1 level, fully countering the drop in ETF holdings. The redistribution of supply continues in the XRP market as these whales accumulate more coins.
Avenir North Files to Amend Share Count for Nasdaq Listing
XRP treasury company Avenir North filed with the U.S. Securities and Exchange Commission on the 13th to amend its share count ahead of a Nasdaq listing. The number of shares to be issued upon completion of the business combination is expected to be lower than previously planned relative to Avenir North's XRP holdings if XRP continues to trade below the earlier reference price of $2.36, which would increase the amount of XRP backing each share. The company said investors representing more than 95% of committed capital have agreed to the revised terms. Closing is expected in the latter part of the third quarter to the first part of the fourth quarter of 2026, subject to SEC review and customary conditions. Avenir North is currently proceeding with a listing through a merger with special purpose acquisition company Armada Acquisition Corp. II, and XRP's current trading price of around $1 is well below the $2.36 assumed in the original agreement.
Ripple's ten major institutional deals in the first half of 2026 all settled in its RLUSD stablecoin rather than XRP, as price volatility blocks compliance approval on large trades. RLUSD has more than doubled in a year to $1.57 billion and now holds 89% of the XRP Ledger's stablecoin market, with BlackRock, Deutsche Bank, and Mastercard all choosing it over XRP. XRP still handles thin corridors stablecoins cannot serve, like SBI Remit's $2 billion a year from Japan into Southeast Asia, where large stablecoin transfers bleed money on slippage. Stablecoins have passed $250 billion in circulation and moved $27.6 trillion in 2024, more than Visa and Mastercard combined, while an EY survey found only 13% of corporate treasuries currently use stablecoins but more than half of non-users expect to adopt them within six to twelve months. XRP trades near $1.02, down 46% this year, and the only thing left that would change its position is Ripple settling its own deals in the token, which needs deep liquidity and a stable price that neither looks close.
Bank of Montreal Discloses XRP Holdings in $303 Billion Portfolio
Bank of Montreal has disclosed positions in XRP-focused financial vehicles in its latest quarterly Form 13F-HR filing submitted to the U.S. Securities and Exchange Commission. The filing reveals the Canadian bank's exposure to XRP-related investment products within its $303 billion portfolio. Bank of Montreal is Canada's second-largest bank.
HYPE Likely to Rebound Before XRP, 24/7 Wall St. Says
Hyperliquid's HYPE token is more likely to recover before XRP, according to an analysis from 24/7 Wall St. HYPE trades near $55, about 28% below its June 16 all-time high of $76.70, but still up more than 160% from its 52-week low of $20.50. XRP trades at $1.02, roughly 73% below its all-time high, and has lost about $146 billion in market value over 13 straight months of declines. XRP's recovery hinges on a Senate cloture vote on the CLARITY Act on September 15, with Polymarket odds of the bill becoming law this year at 14%, down from 82% in February. HYPE's Assistance Fund buys between $53 million and $83 million of HYPE monthly from trading fees, but monthly token unlocks worth roughly $548 million dwarf that support.
TX Team Releases Findings on 200,000 XRP Bridge Hack
U.S.-based RWA platform tx, known for its Sologenic and Coreum projects, has published the official findings of its investigation into the hack of its cross-chain bridge. The attack occurred on August 9, lasted 97 minutes, and resulted in the theft of 200,000 XRP. The company has enlisted the FBI and halted the flaws that enabled the breach.
Coreum Cross-Chain Bridge Loses 200,000 XRP in 97-Minute Attack
The Coreum cross-chain bridge lost around 200,000 XRP during a 97-minute attack, it emerged two days after the incident. Initial theories on social media linked the incident to a vulnerability in the XRP Ledger's "rippling" function.
Robinhood Expands UK Crypto Offering to Over 50 Tokens Including XRP and SHIB
Robinhood is expanding its cryptocurrency offering in the United Kingdom through the Bitstamp exchange, bringing more than 50 digital assets to its investment app. The expansion allows UK investors to trade tokens such as XRP and SHIB for the first time on the platform. The move marks a significant broadening of Robinhood's crypto services in the region.
Analyst CryptoBull Predicts XRP Will Hit $27 by October, but Data Shows a $7 Target Is More Realistic
Crypto analyst CryptoBull, who has close to 1 million followers on X, asked them on August 6 how XRP at $27 would sound by the end of October. XRP trades at $1.03 today, implying a 26-fold move in about twelve weeks. His analysis rests on a channel pattern on XRP's weekly chart that previously triggered a 66,000% rally from February 2017 and a 580% gain from November 2024. However, XRP ETF inflows have collapsed from $132 million in May to just $1 million in August, removing the only realistic funding source for such a rally. To reach $27 by October, XRP would need 31% weekly gains for twelve straight weeks, far exceeding its strongest recent three-month run of 17% weekly gains. Applying that 2024 pace would take XRP to $7, which matches the middle line of CryptoBull's own channel. A $27 XRP would also imply a $1.69 trillion market cap, 30% more than Bitcoin's current value, requiring roughly $1.6 trillion in inflows against August's $1 million. The only potential catalyst, a crypto market structure bill, faces a Senate vote on September 15, but institutional money would take months to rebuild, pushing any serious rally into 2027 at the earliest.
US Inflation Data This Week to Decide Bitcoin's Fate as It Tests $69,000 Resistance
This week, the crypto market is closely watching US economic data, especially the July CPI and PPI inflation figures, which could be a key trigger for Bitcoin's price direction as it approaches the $69,000 resistance level. Analysts expect Bitcoin could rally to touch $69,000 before undergoing a deep correction, with initial support at $61,000 and subsequent supports at $57,000, $53,000, $49,000, and $44,000 respectively. As for XRP, analysts believe that if a technical pattern similar to the 2017 cycle persists, it could recover to $6.50 and eventually $13. Meanwhile, Ethereum has received two monthly buy signals from the TD Sequential indicator, which historically led to rallies of over 200% and could push the price to $3,000. Additionally, the market is awaiting progress on the Iran deal, which the US indicated would be reached last week but has yet to be announced, making geopolitical factors another variable for investors to monitor.
Odds of XRP Falling Below $1 in August Rise to 67% as Clarity Bill Is Delayed
On prediction market Polymarket, the probability of XRP falling below $1 in August has reached 67%. As the US Senate pushes consideration of the crypto market structure bill known as the Clarity Bill to September, XRP has stood out among major crypto assets for its decline. On August 7, it fell more than 2% from the previous day to around $1.02, marking the largest drop over the past seven days at 5.5%. It later recovered to $1.04 but continues to trade in the low $1 range. The procedural vote to begin deliberations on the bill is expected to be possible on September 15.
XRPL's First Privacy Amendment Enters Voting Process
The XRP Ledger is entering a new phase as its first privacy-focused amendment moves into the voting process. The amendment aims to introduce privacy features to the XRPL, marking a significant development for the network. Further details on the specific privacy mechanisms and the voting timeline were not immediately available.
XRP Derivatives See 2,809% Liquidation Imbalance as Bulls Get Caught Off Guard
The XRP derivatives market experienced a sharp cleanup of leveraged positions, catching buyers off guard. Bulls counting on uninterrupted growth found themselves trapped as a cascade of forced closures created an abnormal imbalance between buyer and seller losses of nearly 29 to 1.
XRP Ledger v3.3.0 Released with Six Key Amendments Up for Validator Vote
XRP Ledger developers have officially released the major v3.3.0 update and launched validator voting on six key amendments that could fundamentally change the rules of the game for all network participants.
Grayscale XRP Trust ETF sold over $180 million in XRP in first half of 2026
The Grayscale XRP Trust ETF sold more than $180 million worth of XRP during the first half of 2026, according to an SEC filing. The fund reduced its holdings from 122.23 million XRP at the end of 2025 to 55.04 million XRP as of June 30, 2026, cashing out $180.78 million by selling 103.41 million tokens to redeem investor assets. While the trust created an additional 36.27 million XRP worth $66.58 million, outflows exceeded inflows, and the value of its XRP holdings fell from $223.36 million to $57.41 million. Grayscale recorded a realized loss of $34.16 million on the sale for redemptions and an unrealized loss of $17.47 million on its XRP investment, as the cryptocurrency's price dropped over 40% from $1.84 to $1.05 during the period.