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XRP struggles to hold $1 amid ETF outflows and delayed regulatory clarity.

Market News
09 Aug 2026
Dailycoin
View Source
Bearish
XRP struggles to hold $1 amid ETF outflows and delayed regulatory clarity.

XRP is trading just above $1, facing pressure from recent selling and a $3.58 million redemption from a major XRP ETF, signaling cautious investor sentiment. The delay of the U.S. Senate vote on the CLARITY Act removes a potential catalyst, contributing to subdued buying interest. Meanwhile, the XRP Ledger is advancing with a significant upgrade introducing privacy features and transaction improvements, reflecting growing institutional interest as the network hosts over $530 million in tokenized assets. The near-term price support at $1 is critical, with risks of a dip if it fails to hold.

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