XRP led losses among the 10 biggest cryptocurrencies today. The charts show the real test for its rally is only getting started.
Attorney Bill Morgan highlighted an August 26 SEC registration statement for the Cryptex Digital Market Cap ETF that assigns XRP a 4.88% portfolio weight. The document says Ripple may release additional XRP from escrow if greater U.S. regulatory clarity emerges, making potential changes to escrow distribution a new point of attention for XRP supply.
XRP's high-leverage plays turn shaky as the OG altcoin backtests the support bone of $$1.35 - $1.40.
XRP gains 43.7% in seven days as ETF inflows, Korean spot trading and resilient Binance positioning strengthen demand.
XRP is on course for its strongest monthly gain in more than a year after recovering from below $1, even as a fresh pullback and heavy whale activity test the durability of the rally. CryptoSlate's data shows the token trading near $1.
Seven spot funds now hold nearly a billion tokens. Daily volume broke $125 million on August 20, then $200 million across three sessions by the weekend.
Japan's blockchain settlement push could create a major opportunity for the XRP Ledger as tokenized securities, digital payments & instant settlement meet.
Large holders pull over 231 million XRP off Binance in a single day, coinciding with a sharp rally in price and trading volume
A prominent analyst says Ripple Prime's $275 million bond raise could signal a new use for XRP—as collateral for corporate financing.
A Cryptex ETF filing discusses additional XRP escrow releases, but Ripple has not confirmed a change and existing time locks remain fixed.
A filing with the Securities and Exchange Commission (SEC) suggests Ripple could release additional XRP from escrow if U.S. lawmakers pass the CLARITY Act.