XRP briefly fell below the key $1 level on August 16 before recovering to around $1.06 during a volatile session. Veteran trader Peter Brandt criticized XRP, stating he would convert a hypothetical 500,000 XRP holding into Bitcoin immediately, reflecting his preference rather than a market prediction. XRP remains about 71% below its all-time high of $3.65 from July 2025, and whale inflows to Binance have dropped to their lowest since 2021, suggesting reduced selling pressure. The main question now is whether XRP can sustain support above $1 after this brief dip, as further price action will clarify if the move signals a longer-term breakdown or just short-term volatility.
In 2026, Ripple's stablecoin RLUSD grew by 1,278% to a $2.32 billion market cap, while XRP's price dropped 27% to around $1.39. Despite XRP Ledger's transaction volume rising 21%, institutional users prefer RLUSD for settlements due to its dollar peg...
Coinbase has been identified as the third-largest holder of XRP after blockchain data platforms labeled 146 previously unknown wallets as Coinbase-owned, totaling 5.5 billion XRP. This update corrected an earlier automated alert that mistakenly sugge...
21Shares, managing $11 billion in assets, clarified that Ripple does not control the XRP Ledger, which is a decentralized public blockchain with over 150 validators. They emphasized that Ripple, XRP, and the XRP Ledger are distinct entities, with Rip...
On September 8, XRP ETFs recorded $1.55 million in net inflows, standing out as the only crypto ETFs to attract new capital while Bitcoin, Ethereum, Solana, and Hyperliquid ETFs experienced outflows. Despite this daily lead, XRP's inflows are modest ...
XRP exchange-traded funds (ETFs) attracted $1.55 million in net inflows on September 8, contrasting with outflows from Bitcoin, Ethereum, and Solana ETFs. Bitcoin ETFs experienced the largest withdrawals at about $46.65 million, followed by Ethereum ...
