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XRP trades around $1.08, edging toward $1.10 resistance after Flare’s staking upgrade and a 95% chance of ETF approval, drawing potential billions of inflows.
XRP slipped past $1.08, closing just $0.02 shy of the $1.10 resistance that could trigger a breakout, while a Flare Network upgrade simplifies staking and a near‑certain ETF decision promises fresh institutional capital.
| At a glance | |
|---|---|
| Price | $1.08 |
| 24h change | +0.3 % |
| Key level | $1.10 resistance |
| Catalyst | Flare Smart Accounts v1.3 upgrade & 95 % ETF approval odds |
Flare’s Smart Accounts v1.3 collapsed the two‑signature staking process into a single XRPL signature, allowing billions of XRP to be linked to smart contracts without a new EVM or custodial intermediary【2】. The upgrade promises a non‑custodial, 1:1‑backed staking flow that automatically mints FXRP for yield, removing a friction point that has kept large holders on the sidelines. This technical improvement coincides with a modest price rise, keeping XRP just below the $1.10 ceiling that has framed recent upside moves.
Separately, the pending SEC decision on XRP‑linked ETFs carries a 95 % approval probability, according to market estimates【1】. Analysts project $4‑$8 billion of inflows in the first year, with some forecasts of up to $5 billion in the initial month【1】. So far, spot ETF activity has been muted: daily inflows dipped to $592,000 on Tuesday, but cumulative net assets sit at $972 million and total inflows remain at $1.5 billion【2】. The contrast between the high approval odds and the current low inflow pace underscores a waiting‑game dynamic for institutional capital.
The broader crypto market is awaiting the Federal Reserve’s rate decision, with a 35 % chance of a 25‑bp hike and a prevailing view that rates will stay in the 3.50‑3.75 % band【2】. XRP’s price has mirrored this neutral‑to‑bullish sentiment, edging higher but remaining constrained by the 50‑day EMA at $1.08. Should the Fed hold rates steady and the ETF receive approval, the $1.10 barrier could act as a catalyst for a larger rally.
The convergence of a technical upgrade, a near‑certain regulatory green light, and a favorable macro backdrop positions XRP at a pivotal juncture; the next price move will hinge on whether institutional capital flows in as anticipated.
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AI-assisted synthesis by the TrendWatcher Editorial Desk · sourced from 2 outlets · Aug 2, 2026 · How we report
The price of Ripple XRP rose 3.9% to $1.39 after President Trump agreed to 80% of the ethics restrictions requested by Senate Democrats for the crypto Clarity Act. This legislative development is significant because the bill would codify the legal status of Ripple XRP as a digital commodity in federal law.
The crypto Clarity Act names Ripple XRP and XLM as examples of digital commodities and seeks to establish their classification in federal statute rather than relying on regulatory interpretation. As of September 15, 2026, this would provide a more permanent legal framework for the asset.
The Senate is scheduled to vote on the crypto Clarity Act on September 15, 2026, at 2:15 pm ET. The outcome of this vote is expected to influence the market performance of Ripple XRP.
The crypto Clarity Act includes provisions that require officials, judges, and their spouses to divest significant crypto holdings or place them in a blind trust. These rules, which apply to assets like Ripple XRP, are set to expire in January 2029.