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XRP holds above $1 amid whale buying and delayed CLARITY Act vote, with growing institutional interest.

Market News
11 Aug 2026
Blockonomi
View Source
Bullish
XRP holds above $1 amid whale buying and delayed CLARITY Act vote, with growing institutional interest.

XRP traded steadily between $1.03 and $1.04 on August 10, 2026, maintaining a strong support level above $1.00 for over 630 days since the SEC case dismissal. The anticipated CLARITY Act vote, a potential regulatory catalyst, has been postponed to mid-September, reducing near-term price drivers. Meanwhile, large investors (whales) have increased holdings by over 380 million XRP in the past week, totaling about 8.1 billion tokens, and US-listed XRP spot ETFs have attracted nearly $1 billion in assets. Institutional activity is rising, highlighted by Aviva Investors tokenizing its USD Liquidity Fund on the XRP Ledger. Analysts note technical signals suggesting a possible bullish shift if XRP surpasses key resistance levels, while traders await upcoming US inflation data and Federal Reserve remarks for further market direction.

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