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XRP traders bet on rebound as price nears $1 despite bearish sentiment and rising futures interest.

Market News
17 Aug 2026
Coindesk
View Source
Neutral
XRP traders bet on rebound as price nears $1 despite bearish sentiment and rising futures interest.

XRP is trading around $1 while futures open interest and trading volumes increase, with traders on Binance and OKX holding heavily leveraged long positions. Despite this bullish positioning, social media sentiment toward XRP has turned the most negative in three months. Network activity is rising with nearly 50,000 active addresses in 24 hours, signaling increased usage. Analysts warn that if XRP falls below $1, forced selling from overleveraged long positions could occur, potentially pushing the price lower.

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XRP market share drops from 5% to 3% amid price fall and rising supply despite institutional growth

XRP market share drops from 5% to 3% amid price fall and rising supply despite institutional growth

XRP's share of the cryptocurrency market declined from about 5% in July 2025 to 3% in October 2026, as its market capitalization fell from $202 billion to $85 billion, a 58% drop. This decline occurred despite expanding institutional adoption of Ripp...

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Ripple partners with Stripe-owned Privy to embed XRP and RLUSD wallets in apps, enabling AI-driven payments on XRP Ledger.

Ripple partners with Stripe-owned Privy to embed XRP and RLUSD wallets in apps, enabling AI-driven payments on XRP Ledger.

Ripple has teamed up with Stripe-owned Privy to integrate XRP and RLUSD wallet tools directly into apps on the XRP Ledger. This partnership allows developers to create and manage wallets programmatically, supporting stablecoin payments without users ...

Protocol Fundamentals
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XRP poised to hit $8 as technical patterns and Evernorth's active strategies align.

XRP poised to hit $8 as technical patterns and Evernorth's active strategies align.

XRP is showing strong bullish signals with a long-term technical pattern suggesting a breakout above $3.60 could lead to a price surge toward $8. Simultaneously, Evernorth, a major treasury fund, plans to actively support XRP's value through lending ...

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Developers can now embed XRP Ledger wallets in apps via Privy, enabling easy XRP and AI agent payments.

Developers can now embed XRP Ledger wallets in apps via Privy, enabling easy XRP and AI agent payments.

Privy, owned by Stripe, now allows developers to integrate XRP Ledger (XRPL) wallets directly into their apps, simplifying user access by eliminating seed phrases and browser extensions. This integration supports XRP, Ripple's RLUSD stablecoin, AI ag...

Protocol Fundamentals
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Bitcoin holds steady near $83,200 amid altcoin losses and upcoming US inflation data

Bitcoin holds steady near $83,200 amid altcoin losses and upcoming US inflation data

Bitcoin traded around $83,200, showing relative strength as major altcoins like Ethereum, XRP, and Solana fell between 1.3% and 11.9% over the week. This resilience is attributed to Bitcoin's regulated fund investor base, unlike altcoins which face f...

Market News
Neutral
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