XRP is trading in a tight range even as Ripple strengthens its regulatory footing in Europe and the XRP Ledger pushes deeper into cross-chain infrastructure—two developments that could shape longer-term demand despite near-term macro and U.S. policy headwinds. As of Wednesday, Aug. 6 at 09:18 UTC, XRP was changing hands at $1.0483, according to CoinMarketCap.
Bitwise, a renowned crypto investment firm and one of XRP's biggest ETF issuers, has made an unexpected move that has sparked concerns across the XRP community.
XRP holds above $1 for a record 627 days as XRPL nears 2 million daily transactions, fueling speculation that a major breakout could be next.
XRP price holds near $1.07 as Ripple secures MiCA approval in Europe, though the token stays below key resistance.
Large XRP holders have continued accumulating throughout the tokens decline from around $2.40 in January to the current $1.00$1.20 range, according to CryptoQuant. Despite sustained whale purchases, the buying activity has not been strong enough to trigger a broader market rally, suggesting the market remains in a consolidation phase.
XRP ETFs post a four day inflow streak in August as Ripple Ledger real world asset holders grow 25% and tokenized value nears $5 billion.
How Ripple's RWA tokenization and XRP ETFs are fueling capital inflows into the network.
CryptoQuant said large XRP spot orders point to "quiet accumulation" rather than a breakout, while ether's price below realized value leaves holders underwater and gives it the strongest valuation case among BTC, ETH and XRP.
Developers Shawn Xie, Zhiyuan Wang, Chenna Keshava B S, and Mayukha Vadari introduced the On-Chain Cosigner proposal in the XRP Ledger standards repository. With this initiative, they aim to modernize multi-signature transaction coordination directly within the network, eliminating reliance on external communication channels and centralized servers. New feature for the XRP Ledger proposed.
Axelar has securely connected both the XRP Ledger and its EVM Sidechain to the Axelar App.
The Grayscale XRP fund added 480,000 net shares in Q2 after a derived 3.94 million-share Q1 contraction, but net assets still fell.
Monica Long affirms tokenized assets are no longer experiments. They're actually going live right now.