XRP briefly fell below $1 before rebounding as Peter Brandt said he would convert a hypothetical 500,000 XRP position directly into Bitcoin.
Solana is now tradable on XRP Ledger's native DEX through Axelar, with users warned to verify the issuer address before swapping wrapped SOL.
Major crypto exchange Binance has extended its RLUSD airdrop rewards campaign, giving eligible users four more weeks to participate.
Veteran trader Peter Brandt has stated that he has little interest in owning the Ripple-linked XRP cryptocurrency. Moreover, he has made it clear that he would immediately convert a large XRP position into Bitcoin.
Rising speculative leverage and falling buying pressure will likely hasten the short-term bearish XRP momentum.
XRP Ledger activity climbed to its strongest level in more than two months as bearish social commentary reached a three-month extreme. The divergence shows heavier network participation even as weak price action continues to pressure investor sentiment. XRP Activity Rises as Sentiment Turns Sharply Negative XRP Ledger activity jumped to a two-month high on Aug.
Ripple has expanded its Swell 2026 speaker lineup with executives from Robinhood, BNY, and Intercontinental Exchange as the company prepares its largest conference for institutional finance and XRP Ledger development.
Despite negative sentiment, rising XRP network activity suggests potential resilience, though market confidence remains cautious and uncertain. XRP social sentiment hits 3-month low, active addresses surge.
President Donald Trump and the heads of the SEC and CFTC are expected to meet crypto and prediction-market executives at the White House next week as the industry's biggest legislative priority faces dwindling odds of becoming law this year. According to reports, the Aug.
XRP price remained relatively stable this week despite trading in the red, while fresh institutional exposure to XRP-linked ETFs signals growing interest from major financial players. Bank of Montreal (BMO), one of Canada's largest financial institutions, disclosed positions in two XRP-related ETFs in a recent filing with the U.S. Securities and Exchange Commission (SEC).
XRP's struggle amid market and regulatory challenges highlights the vulnerability of cryptocurrencies to external economic and policy shifts. XRP nears 52-week low amid regulatory uncertainty and market sell-off.
President Donald Trump is expected to host Coinbase, Ripple and other crypto and prediction-market executives at the White House on Wednesday, August 19, kicking off a week of regulatory meetings in Washington.