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XRP holds $1 support amid whale activity surge and SEC blockchain equity talks

Market News
18 Aug 2026, 08:54 WIB
Blockonomi
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Neutral
XRP holds $1 support amid whale activity surge and SEC blockchain equity talks

XRP is trading near $1, defending a key support level despite recent bearish pressure and a 280% spike in large transactions over $1 million, signaling possible institutional accumulation. The SEC is exploring moving U.S. equities onto blockchain for continuous trading, involving major financial players like Ripple and Nasdaq. XRP ETFs hold $933 million in assets, but daily valuations fell over 1%, while XRP Ledger active addresses hit a two-month high amid negative market sentiment. Technical indicators suggest potential oversold conditions with key support at $0.9766, and the upcoming Senate vote on the CLARITY Act could impact market direction.

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