XRP wallets holding at least $1 million worth of XRP increased shortly before the coin jumped 67% in August, according to analytics platform Santiment. Santiment said 85 new wallets holding at least 1 million XRP appeared just two days before XRP rose sharply between August 17 and August 21.
The XRP Ledger’s (XRPL) Batch amendment has received enough validator support and is now in its activation period. XRPL validator Vet (Hussein Zangana) said 29 of 35 validators voted yes, giving the amendment 82.86% support.
Bitcoin and gold are moving together more closely than they have in years. This challenges the usual view that Bitcoin is a riskier asset, while gold is a safe haven.
XRP needs to reach a strong double-digit price to overtake Bitcoin in market value, based on David Schwartz’s prediction that XRP will grow faster than BTC. Schwartz, Ripple’s former CTO, recently said he believes XRP will one day surpass Bitcoin.
XRP derivatives activity has weakened on exchanges, even though XRP is still trading well above its August lows. Meanwhile, rising liquidity on Binance suggests more market activity.
XRP price could rally soon as Ripple CEO Brad Garlinghouse is urging U.S. senators to approve the CLARITY Act, saying the latest version includes important compromises.
Ripple has expanded GSmart, its AI tools built into Ripple Treasury, with new features for forecasting, managing liquidity, assessing risk, reconciliation, and reporting. Ripple’s enterprise customers already use GSmart.
The XRP Ledger Foundation is working to add more traditional financial features to the XRP Ledger, according to CTO Denis Angell. At Rare Evo, Angell spoke with Ray Fuentes about the foundation’s work, including the upcoming Lending Protocol, Single Asset Vaults, agentic payments, and other infrastructure projects.
XRP may be approaching a technical confirmation that determines whether its recent consolidation develops into a larger rally toward $2.30.
Analyst Celal Kucuker has identified $1.38 as the level XRP needs to reclaim and hold to confirm what he describes as a “fake breakout.”
In a recent post on X, Kucuker said XRP must close above $1.38 today or tomorrow to confirm the setup. His chart shows XRP trading inside a large contracting triangle. The price is currently near the point where the descending resistance line and rising support line converge.
The chart places the key confirmation level around $1.37896, making the $1.38 area the immediate level to watch.
XRP is currently trading around $1.35, according to CoinMarketCap data. It is down about 2.2% over the past 24 hours and 6.5% over the last seven days.
The decline has come alongside weakness across the crypto market. Bitcoin fell below $77,000 yesterday and is down roughly 4.3% over the past week.
However, XRP’s monthly performance remains positive. The token is still up about 32% over the past month, compared with Bitcoin’s 21% gain. Much of those gains came during the explosive rally in late August, after which XRP has struggled to push through resistance.
Kucuker’s setup suggests that reclaiming $1.38 would provide the confirmation XRP needs to move out of its current consolidation structure.
The $2.30 target would represent a 70% move from XRP’s current price near $1.35. However, the chart does not suggest that XRP would necessarily reach that level immediately.
In particular, the chart shows resistance at $1.513 and $1.70, which, if reclaimed, will set the foundation for higher targets in the $2 range.
Meanwhile, a failure to reclaim $1.38 could leave XRP inside the triangle and expose the token to another test of its lower trendline.
In another post, ChartNerd told investors to “zoom out” when they start doubting whether XRP can reach higher prices. The analyst shared a chart showing that XRP’s current price pattern looks similar to patterns from previous market cycles.
ChartNerd described it as: “Same Structure: Different Cycles.”
The chart shows a large triangle that started forming after XRP’s 2018 peak and is now nearing its end. ChartNerd believes XRP will eventually break out of this long-term pattern.
Based on Fibonacci levels, the analyst sees possible targets around $8.33, $13.50, and $27. These levels roughly match the 1.272, 1.414, and 1.618 Fibonacci extensions.
ChartNerd also compared the current pattern to XRP’s price movement from 2014 to early 2017. During that period, XRP traded sideways for a long time before breaking higher and eventually reaching its previous all-time high.
Because of this, ChartNerd believes XRP’s current setup is part of a long-term market cycle, rather than just a short-term price move.
XRP price is at an important point as analysts watch to see if it can move back above key moving averages and end its recent downtrend. The coin is trading at $1.37 at press time, down 3% in the past 24 hours, according to CoinMarketCap.
Ripple’s former Chief Technology Officer David Schwartz believes XRP will eventually overtake Bitcoin as the world’s largest cryptocurrency. He argued that this scenario would result from XRP growing faster than Bitcoin, not from BTC collapsing.
Ripple CTO emeritus David Schwartz defended the XRP Ledger after analytics firm Bitquery found that just 793 accounts were responsible for 93.2% of the network’s transaction activity in August 2026. An XRP critic posted the findings on X, saying the accounts were “all bots and spammers” and that less than 1% of XRPL activity came from real human payments.
XRP has entered a rare technical zone that has come before some of its biggest price moves, according to analyst ChartNerd. In a recent post, ChartNerd said XRP has traded below its weekly Gaussian Channel only a few times in the past 13 years.
Charles Schwab’s family of funds has revealed that it holds more than $1 million in a spot XRP ETF. According to its latest SEC filing, Charles Schwab holds $1,011,417 worth of Grayscale XRP Trust ETF shares as collateral.
XRP price is showing a bullish setup after reclaiming the $1.40 level, and analyst Nebraskangooner has identified $2.12 as the upside target. His chart shows an entry around $1.43, a stop level near $1.31, and a profit-taking target of $2.12.
The amount of XRP an investor needs to rank among the top holders has fallen again. Roughly 2,120 XRP is now enough to place a wallet in the top 10% of XRP Ledger accounts.
XRP is showing a bullish signal as its short-term moving average gets closer to its long-term moving average. The 50-day Simple Moving Average (SMA) is moving toward the 150-day SMA.
Flare Networks co-founder Hugo Philion has responded to concerns about FXRP after Ripple engineer Neil Hartner raised questions about the security of blockchain bridges. Notably, the discussion followed a security incident involving Liquid Network’s Liquid BTC.
XRP shows the potential for another major price surge based on past market cycles that delivered gains of 2,405%, 1,002%, and 1,250%. Based on these figures, the average gain was about 1,552%, while the geometric average came in at around 1,444%.
XRP still has two major price waves to complete before the altcoin bear market ends, according to crypto market analyst RWA_Investor. In a recent post on X, the analyst shared an Elliott Wave chart showing XRP rising again before facing another major correction and entering a larger bullish phase.
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