The Ripple Effect - 8/4/25
XRP Price: $2.92 (+2.74%) - Market Cap: $173B
Rank: #3 - 24H Volume: $6.2B
XRP rebounds 2.74% to $2.92 as BlackRock ETF speculation intensifies following confirmation that Maxwell Stein will speak at Ripple Swell 2025. RLUSD stablecoin continues expanding across major exchanges while regulatory clarity drives institutional interest despite recent selling pressure from whale liquidations.
Market Update
XRP is trading at $2.92, showing a modest 2.74% recovery after touching recent lows. The token maintains its #3 ranking by market capitalization at $173 billion, with trading volume remaining subdued at approximately $6.2 billion daily.
Technical indicators present a mixed picture. While XRP fell nearly 16% from its July 18 peak of $3.65, analysts note that low trading volumes suggest seller exhaustion, potentially setting up for a rebound. The asset has shown resilience above the $2.90 support level.
"XRP declined 8% over the past 24 hours, falling from a session high of $3.17 to a low of $2.94, as intense sell pressure overwhelmed initial strength." - CoinDesk analysis from recent trading sessions.
Key Developments
BlackRock ETF Speculation Heats Up
Market excitement centers on BlackRock's potential XRP ETF filing after confirmation that Maxwell Stein, BlackRock's Director of Digital Assets, will speak at Ripple Swell 2025 in November. Digital asset researcher Anderson suggests this indicates "a BlackRock XRP ETF is getting close."
ETF expert Nate Geraci reinforced these expectations, stating he's "sticking w/ prediction that BlackRock will launch both xrp & sol ETFs... Doesn't make sense that world's largest asset manager would ignore two top 5 non-stablecoin crypto assets."
RLUSD Expansion Continues
Ripple's RLUSD stablecoin, launched in December 2024, continues gaining traction with a current market cap of $577 million. The stablecoin has recently added Bitstamp to its supported exchanges, with CEO Bobby Zagotta noting "meaningful volume" within 24 hours of launch.
Ripple President Monica Long confirmed that customers "can expect to see more availability and more announcements coming soon" regarding RLUSD's expansion to larger exchanges including potentially Coinbase and Binance.
Whale Activity and Market Dynamics
Despite recent price pressure, institutional accumulation continues. Over 310 million XRP tokens valued at nearly $1 billion have been accumulated during the recent correction phase, while large holders liquidated $28 million worth daily, indicating mixed sentiment among major players.
Notable Mentions
"A $3 XRP can't sustain a tokenized future worth trillions; price must rise" - Versan Aljarrah, Black Swan Capitalist co-founder, arguing XRP's current valuation is incompatible with its anticipated role in global tokenized finance.
"XRP will be the only thing that has clarity... They're going to jump out of everything that they have and pour into this." - Jake Claver, Beyond Broke CEO, on XRP's potential regulatory advantage over other crypto assets.
Institutional interest remains strong, with Mark Yusko projecting $300 billion in institutional capital flowing into crypto through ETF approvals, specifically highlighting XRP as a potential beneficiary alongside Bitcoin and Ethereum.
Looking Ahead
August 15 SEC Deadline: Critical date approaches for SEC status report in the Ripple appeals case, with speculation mounting over potential settlement or appeal withdrawal.
Ripple Swell 2025: November 4-5 conference in London featuring BlackRock's Maxwell Stein alongside Ripple CEO Brad Garlinghouse and other industry leaders.
Technical Targets: Analysts eyeing $3.20-$3.50 as key resistance levels, with some projecting potential moves toward $5.81 if institutional adoption accelerates through 2025.
Bottom Line
XRP's recovery momentum builds on BlackRock ETF speculation and RLUSD expansion, but faces near-term resistance at $3.20 amid continued whale distribution and broader market uncertainty.
DISCLAIMER
This newsletter is for informational purposes only and does not constitute investment advice or a recommendation to buy, sell, or hold any securities. XRP and cryptocurrency investments carry significant risks, including potential total loss, extreme volatility, and regulatory uncertainty. Past performance does not guarantee future results. Consult a qualified financial professional and conduct your own research before making investment decisions.
Sources
- CoinMarketCap - XRP price and market data, August 4, 2025
- CoinDesk - "XRP Falls 8% Below $3 After Hitting Resistance", August 1, 2025
- The Crypto Basic - "BlackRock XRP ETF Filing Could Be Imminent", August 1, 2025
- Fortune Crypto - "RLUSD stablecoin to launch 'imminently' on crypto exchanges", January 10, 2025
- CryptoPotato - "Has Ripple's XRP Already Peaked in 2025?", August 2, 2025
- BeInCrypto - "XRP Price Stagnation Centralized Control Analysis", July 2025
- Yahoo Finance - "XRP Price Prediction: Where Ripple Could Be by 2025, 2026, and 2030"
- AInvest - "XRP News Today: Institutional Capital to Pour $300 Billion Into Crypto"
