Overview

• XRP price has held above its key $3.07–$3.12 support zone since late July, showing resilience after a 14% pullback.
• Large holders scooped up roughly 60 million XRP over 24 hours, reinforcing confidence at current price levels.
• Open interest in XRP futures plunged from $11.2 billion to about $8.57 billion as traders scaled back leveraged positions.
• PayPal enabled XRP payments for U.S. merchants this week, extending the token’s mainstream utility.
• The SEC will vote on July 31 on whether to withdraw its appeal in the Ripple case, potentially clarifying XRP’s U.S. regulatory status.