XRP News: XRP Price Drops, ETF Holds Inflows, What Next? Traders spent the past two days bracing for a bigger drop. It never fully arrived. That's the real story buried under the headlines. A
Traders spent the past two days bracing for a bigger drop. It never fully arrived.
That's the real story buried under the headlines. A hack shook Bitcoin. Holders pulled coins off exchanges at a pace not seen in five years. Congress kept sitting on a bill the market wants passed. Yet the token is still standing near a key level. This XRP news roundup walks through what's actually moving the price, with the numbers behind it.
Key Takeaways
The altcoin is changing hands around $1.06, down by more than 1% over the past 24 hours, with trading volume near $921.12M, according to CoinMarketCap. That puts its market cap at roughly $66.39B, holding sixth place among all cryptocurrencies. Bitcoin trades near $62,991.22, down by 2% on the day, with a market cap close to $1.26 trillion.
Source: CoinMarketCap Data
Three separate forces collided this week. None of them, on their own, explains everything. Together, they explain the mood.
CryptoQuant data analyzed by on-chain researcher Amr Taha shows Binance's withdrawal transaction share climbed to 55.6% as of July 31, the highest level since February 2021. Across all centralized exchanges, withdrawal share reached 54%. Deposit activity moved the opposite way, dropping to 44.3% on Binance, a matching multi-year low.
Analyst Darkfost reads this as sellers running low on supply. He points to average monthly inflows to Binance dropping to about 3.6 million coins, the lowest figure on record. Fewer coins reaching exchanges usually means fewer available to sell.
The Clarity Act, which would hand oversight of digital commodities to the CFTC instead of the SEC, remains unresolved in the Senate. Treasury Secretary Scott Bessent has called the bill close to done, but ethics provisions have slowed final negotiations.
Prediction markets have swung between roughly 43% and 70% odds of passage before the August recess, and that uncertainty keeps larger institutional buyers on the sidelines. This is the clarity act news piece of the puzzle that traders are watching most closely.
A firmware flaw in Coinkite's Coldcard hardware wallets let an attacker reconstruct private keys without touching a device, draining more than 1,000 bitcoin, worth about $70 million, from 1,196 wallets in 41 minutes on July 30. Binance founder Changpeng Zhao urged holders to split funds across multiple wallets in response.
Bitcoin's price dipped right after but has since recovered above $63,000, and the altcoin market moved with it. Even a genuine crypto market crash scare can fade within a single trading session.
Despite the "why it is down today" searches spiking this week, the token is not sharply down right now. It's trading close to flat, down marginally from the prior session. The short-term jitters came from Bitcoin's wallet hack and Clarity Act uncertainty, not from a fresh sell-off tied to this coin alone.
Flare Network's Smart Accounts v1.3 update, released in late July, lets holders mint FXRP and deposit it into yield-generating vaults using a single XRP Ledger signature, according to Flare's own announcements. The update added support for Ledger, Xaman, Joey Wallet and WalletConnect-compatible wallets, on top of existing D'CENT integration.
Flare has separately pushed back against copycat projects impersonating its brand, urging users to verify official channels before connecting a wallet.
Spot ETFs have reached $1.5 billion in cumulative net inflows since their November 2025 launch, according to SoSoValue-sourced reporting. July itself was thin, with roughly $12 million to $20 million in net monthly inflows, the weakest stretch since April, and several sessions recorded zero flow at all.
The record cumulative total shows steady institutional interest even as month-to-month appetite cools, a detail worth watching in future XRP ETF news updates.
YMYL Disclaimer: This article is for informational purposes only and does not constitute financial, investment, legal or tax advice. Cryptocurrency prices are highly volatile, and past performance does not indicate future results. Readers should conduct their own research and consult a licensed financial advisor before making any investment decisions, Bitcoin or any other digital asset.
