XRPXRP Price

Crypto trader DonAlt, known for accurately predicting a 700% move in XRP's price, has set a technical target for Ethereum at $10,000. However, he personally plans to exit his own long position once ETH reaches $3,000. DonAlt opened his long position around $1,900 on August 13th, acknowledging this buy at resistance during market consolidation goes against classical technical analysis. He stated he is more uncomfortable being out of a position than buying at a less-than-optimal price. He is prepared to increase his position size if the price retests the key support zone around $1,700. The trader outlined three expectation levels: an official target of $4,000, an unofficial macro target of $10,000, but a practical plan to take profits at $3,000. He joked about his tendency to exit positions early for realized gains. The analysis notes this pragmatic approach, favoring a solid 57% profit over waiting for potentially unattained five-figure prices, reflects extensive trading experience. The article concludes by noting Ethereum's price remains tightly correlated to Bitcoin's, seemingly lacking its own growth catalysts. It mentions some banks are leaning towards creating private blockchains or opting for more innovative networks with higher scalability and lower fees.

David Schwartz, the former Chief Technology Officer of Ripple and a prominent figure in the $XRP ecosystem, has made a notable disclosure regarding his personal $XRP holdings. In a statement on platform X, Schwartz revealed that he once owned approximately 26 million $XRP tokens, but that amount has since decreased to about 2 million $XRP. This represents a reduction of roughly 24 million tokens, or about 92% of his peak holdings. Schwartz explained that he has gradually reduced his position over time, citing risk management as a significant factor in these decisions. He previously stated a preference to scale down his holdings as the price of $XRP increased, expressing that holding large amounts of cryptocurrency posed a significant risk to him personally. The disclosure came in response to a user inquiry about the size of his personal $XRP reserves. It is important to note that there are no specific details available regarding the timing or the prices at which he sold the tokens, indicating this reflects a general change over a period rather than a specific sale transaction.

Ripple's Chief Technology Officer, David Schwartz, revealed that his XRP holdings have significantly decreased from 26 million to approximately 2 million tokens. He clarified that this reduction was not necessarily due to sales, but could have resulted from transfers, payments, or donations. Schwartz has frequently expressed regret over selling 40,000 ETH tokens, which he purchased at $0.311 and sold for a 321% profit to fund solar panels for a home he no longer owns. He laments that the price of Ethereum subsequently skyrocketed. The CTO has admitted to regretting the premature sale of parts of his crypto portfolio, including XRP at $0.10 and ETH at $1, stating his risk-averse decision at the time was a mistake.

Cash App has integrated Cash App Pay into the MoonPay system, allowing eligible U.S. users to purchase XRP, Solana (SOL), Ether (ETH), and USDT directly from their Cash App balance. This integration is notable as Block, Cash App's parent company, has never directly listed these tokens within its own app; MoonPay handles the purchases and can send the assets to a user's external wallet of choice. This move effectively provides Cash App's 59 million active users access to a broader range of cryptocurrencies without the app needing to build its own listing and custody infrastructure for each asset. Cash App Pay becomes the third major payment method on MoonPay, joining PayPal and Venmo. After purchase, tokens can be sent to various external wallets, including Trust Wallet, MetaMask, and Ledger. MoonPay's co-founder noted the integration is a market expansion, giving tens of millions of users instant access to the digital asset ecosystem from a trusted app they already use. The integration also marks another step in expanding XRP's presence in mainstream financial apps in 2026, following earlier additions to platforms like SoFi and Rakuten Wallet. This development occurs after Block faced regulatory scrutiny, including a $40 million fine from New York regulators for past shortcomings in transaction monitoring within Cash App.

During a three-hour window from 13:00 to 16:00 UTC, which overlaps with the London afternoon and New York morning, approximately 23% of all on-chain XRP trading volume now occurs, up from 14% a year ago. Asset manager Evernorth, which released this analysis, links this concentration to growing institutional interest, as the peak aligns with traditional banking hours. This pattern is observed across XRPL's three primary trading channels: order books, automated market maker pools, and cross-currency payments. While the timing suggests institutional activity, the public ledger does not definitively identify the participants. The report also notes broader XRPL growth, including billions in tokenized assets and sustained ETF inflows. Evernorth, which is focused on expanding XRP's institutional role, emphasizes that while trading doesn't stop at 5 PM, clear peak hours are emerging.