NEW YORK, August 2, 2026, 11:39 EDT — Cryptocurrency markets are open, though the U.S. ETF market is shut.
- XRP was last trading close to $1.06, down roughly 1.5% over the past seven days.
- Initial figures indicated U.S. spot XRP ETFs saw inflows totaling $7.69 million on Friday.
- The 3.3.0 version of the XRP Ledger is anticipated to launch in the next week.
XRP traded close to $1.06 on Sunday, following an initial $7.69 million in inflows into U.S. spot funds on Friday. The inflow registered as positive but remained insufficient to shift overall market direction.
The primary investor indicator is the ETF penetration gap. Compared with Bitcoin or Ether funds, XRP funds represent a much lower portion of their respective market.
| Crypto asset | U.S. spot ETF net assets | ETF assets as share of token market cap |
|---|---|---|
| Bitcoin | $76.29 billion | Roughly 6.0% |
| Ether | $10.23 billion | Roughly 4.6% |
| XRP | $0.989 billion | Roughly 1.5% |
ETF numbers are initial. Ratios reflect market values as of publication.
The gap provides two interpretations: XRP still has significant potential for increased institutional adoption, while also indicating that present regulated demand is limited.
XRP’s penetration in ETFs stands at about a quarter of Bitcoin’s, and roughly a third of Ether’s. This restricts the current impact of such funds on price formation.
Friday’s figures indicated that XRP funds bucked the overall institutional direction. Bitcoin investment products saw large outflows, whereas XRP and Ether both posted inflows.
| Asset | July 31 net flow, preliminary | Full-July net flow, preliminary |
|---|---|---|
| Bitcoin | −$265.37 million | +$172.43 million |
| Ether | +$9.03 million | +$365.17 million |
| XRP | +$7.69 million | +$27.29 million |
XRP’s inflow on Friday was almost equal to Ether’s, but for the month, XRP lagged. Over July, XRP drew in less than one-tenth of Ether’s total inflow.
The contrast is evident when compared to global XRP trading. CoinGecko recorded rolling volume at approximately $778 million, while ETF trading reached $8.62 million on Friday.
| XRP activity measure | Dollar value | Relative to global 24-hour volume |
|---|---|---|
| XRP total trading volume worldwide | $777.78 million | 100% |
| XRP ETF trading volume in the U.S. | $8.62 million | 1.11% |
| XRP ETF net new units in the U.S. | $7.69 million | 0.99% |
The analysis applies a rolling worldwide window and a single U.S. trading session, tracking scale rather than precise market share.
As a result, ETF turnover accounted for approximately 1.1% of worldwide trading volume. XRP’s price continues to be driven primarily by the wider cryptocurrency market. While upbeat ETF news may boost sentiment, the influence of ETF-driven purchases remains constrained.
Market conditions for trading continue to be weak. Shares of Coinbase Global NASDAQ:COIN dropped 5.6% during premarket trading on Friday following the company’s third straight quarterly loss. Despite this, Zacks analyst David Bartosiak noted that the exchange captured more market share in “a softer crypto environment.” Reuters
XRP is experiencing a distinct technical driver. Jazzi Cooper, who leads products at RippleX, announced that xrpld 3.3.0 is expected to launch in the week beginning August 3. “Now it’s time to put these assets to use,” Cooper said regarding tokenised assets. CoinDesk
| Proposed amendment | Intended institutional function | Potential XRP-demand effect |
|---|---|---|
| Confidential MPT | Keeps balances and transaction amounts hidden, while keeping audit privileges intact for approved parties | Indirect |
| Batch | Processes up to eight connected transactions together, succeeding or failing as one | Indirect |
| Permission Delegation | Offers restricted signing privileges without granting overall account access | Indirect |
| Sponsored Fees and Reserves | Enables institutions to pay XRP fees and reserves on behalf of users | Mixed |
| Dynamic MPT | Lets certain selectable token features update without requiring a complete migration | Indirect |
The demand analysis reflects an interpretation of the planned functions, rather than a developer projection.
The update will not enable the changes by default. For each amendment to be approved, it must receive backing from over 80% of trusted validators for two continuous weeks. If support drops below that threshold during the process, the approval resets.
Sponsored Fees highlights a direct value-capture issue. Banks or platforms may pay transaction fees on behalf of users, who would still control their own keys. This could boost network activity without obligating all users to hold XRP.
Significant risks persist. ETF data is subject to revisions, and cryptocurrency is traded around the clock. Updates to Batch and Permission Delegation address previous issues tied to unauthorised transactions and the draining of fees. Both vulnerabilities were contained before reaching the main network, with no losses of funds reported.
U.S. ETF trading restarts on Monday. Investors are set to monitor if creations continue after Friday and observe whether fund assets expand their market share. The upgrade is important as well. A single positive session or a software release on their own do not establish ongoing demand for XRP.
Related articles: NASDAQ:COIN
TS2 Tech • Digital assets
XRP Forecast: $1.05 Support Faces a Ledger Upgrade Test
US dollar / XRP
XRP bounced on Sunday yet continues to trade under the $1.14–$1.16 ceiling set in July. The outlook hinges on whether ETF inflows and an upcoming XRP Ledger rollout can deliver consistent spot buying.
Current price overview
Short-term structure strengthens if above $1.14, and deteriorates if it falls below $1.05.
downside reference $1.05
support trigger $1.14
recovery trigger $1.16
July high area
The investor perspective
Demand for funds and network growth are on the rise, but price confirmation has not yet occurred.
Spot XRP funds in the US
Up $7.69 million
July 31 saw a net inflow. Total net inflows amounted to $1.51 billion, with net assets close to $989 million.
Software for XRP Ledger
5 changes
The upcoming xrpld 3.3.0 update is set to feature five suggested modifications. These changes are not enabled by the software release itself.
Coming up: August 3–9
The week starting Aug. 3
Version 3.3.0 anticipated
The package will feature batch transactions, permission delegation, sponsored fees, as well as two token functionalities.
Following release
Validator voting starts
For an amendment to take effect, it must achieve over 80% backing for a two-week period.
Throughout the week
Monitor the wider market
Bitcoin holds close to $63,000. A broader market downturn may overshadow developments specific to XRP.
XRP forecast
Bullish scenario
Finish above $1.14
A decisive move higher surpasses late-July resistance, putting the $1.16–$1.19 zone back on the radar.
Baseline scenario
Maintain at $1.05–$1.14
Interest in ETF products and upgrades is balancing an otherwise weak medium-term outlook. Sideways trading is expected to be the predominant scenario.
Downside scenario
Finish under $1.05
The next level to watch is the $1.04 close area. If it gives way, the $1.00 mark could come into play.
Viewpoint of investors
The divergence is key. Fund inflows and ledger activity are rising, yet XRP is still 41.2% under its closing price at the end of 2025. Securing a daily finish above $1.14 would be more significant than the software news on its own.
Market data displays provide momentary snapshots and do not serve as tailored investment advice. Scenario levels reflect observed market benchmarks rather than assured price objectives. Forecasts may shift rapidly as prices, fund flows, and network votes fluctuate.
