August was quite the rollercoaster for Ripple's token, even though history suggested more pain ahead. What's next in September?
Ripple is funding emergency meals, safe water and sanitation through two humanitarian partners responding in Nepal and Tibet.
Ripple's donation highlights the increasing role of private companies in global disaster relief, potentially reshaping expectations for corporate responsibility. Ripple donates $300,000 for flood relief in Nepal and Tibet.
The crypto market cap ended the week flat at $2.73 trillion after volatile swings between $2.70 trillion and $2.79 trillion, contrasting with the previous week's $500 billion expansion.
XRP attracted $157 million in August while momentum weakened. Demand and price have temporarily stopped speaking.
Whales continue to withdraw XRP in large amounts from exchanges, suggesting the price is set to rise further.
Bitwise clients added fresh XRP exposure while fund inflows continued across two trading weeks and spot prices stayed volatile.
Ripple is preparing XRP Ledger for a post-quantum future with new signatures, hybrid testing and an emergency migration plan.
A key Senate vote on Sept. 15 could decide whether the CLARITY Act advances, putting XRP's regulatory outlook back in focus.
Ripple is donating $300,000 to World Central Kitchen and Mercy Corps following devastating floods in Nepal and Tibet. The funding will support emergency meals, clean-water access, and sanitation efforts in affected communities.
XRP is approaching a critical technical juncture after entering a 20% correction from its recent local high, with on-chain data identifying several key support and resistance levels that could shape its next move.
XRP price fell 2.46% to around $1.38, putting the cryptocurrency close to a critical long-term support level at the 200-week exponential moving average (EMA) of $1.37. The decline comes despite strengthening institutional demand through XRP ETFs and progress toward Evernorths planned Nasdaq listing.