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Ripple's XRP dips to $1.32 amid US-Iran tensions despite strong network growth and $1.68B ETF inflows.

Market News
03 Sep 2026
Blockonomi
View Source
Neutral
pluang ai news

Ripple's XRP price has pulled back to $1.32 after a strong 72% rally in August, pressured by US-Iran geopolitical tensions and broader crypto market weakness. Despite the price drop, XRP-focused ETFs in the US saw $14 million inflows on Tuesday, pushing total inflows to $1.68 billion, showing continued institutional interest. The XRP Ledger achieved a milestone of 3 billion transactions with a 200% surge in on-chain volume, highlighting robust network activity. Technical indicators show XRP facing resistance at $1.35 with support around $1.22; a break above resistance could signal a move toward $2.00 if confirmed.

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