$XRP India and the UAE complete an oil trade deal using the XRP Ledger network Ripple, the developer of the XRP Ledger network, strengthened its position in the United Arab Emirates by announcing a major collaboration with the Dubai International Financial Centre (DIFC). News circulating online says that Russia, China, and India may have completed oil trading transactions using the XRP Ledger network $#OpenAIAnnualRevenueSurpasses40B #XRP #GateDOSLaunchpoolLive $ETH #GateDOSLaunchpoolLive #BTCBigOptionsExpiryAt64K

$XRP may be setting up for another great season. If it happens again this season, we might have some good depth to add to our portfolio. Things could get very interesting. would you hold $XRP ?

$XRP ‌ Regulatory Uncertainty and Institutional Demand Conflict XRP is trading sideways around the $1.00 level. Having fallen 0.57% in the last 24 hours to $0.9987, the price is moving in a narrow range between $0.9973 and $1.0064. Losing approximately 2% on a weekly basis, the token remains under pressure with a long-term decline exceeding 67% year-on-year. Pessimism on the Regulatory Front The biggest pressure on XRP stems from the uncertain future of the CLARITY Act. Galaxy Digital has reduced the probability of the law passing in 2026 from 75% to 10%. Although the Senate will reconvene on September 14th, the legislative calendar is only about three weeks long, and unresolved disagreements such as ethical codes and banking sector objections are increasing the obstacles to the law. This development undermines confidence in XRP's compliance narrative. Given that ETF inflows are directly linked to legal clarity, this deadlock in the CLARITY Act stands out as the most significant factor hindering institutional demand. On-Chain Activity and Large Whale Accumulation Despite regulatory uncertainty, there is remarkable activity on the XRP network. In August, the number of daily active addresses increased from 26,400 in July to 35,700. This increase indicates that existing users have become more active, but new user inflows have remained at the same level (approximately 2,260 daily). This increase in on-chain activity has not yet been reflected in the price. On the other hand, accumulation by large investors continues. The number of wallets holding over 1 million XRP has increased by 32% in the last three months, with whales adding 380 million XRP in the first week of August. This suggests that large players see the current levels as an accumulation opportunity. Institutional Demand Signals Morgan Stanley reported opening positions in three different products in the second quarter: Franklin XRP ETF, REX-Osprey XRP ETF, and Bitwise XRP ETF. JPMorgan's similar moves indicate that major US banks are beginning to show exposure to XRP-linked products despite the token's low price. Market Outlook XRP is currently caught between institutional buying signals and increased on-chain activity, coupled with regulatory uncertainty. The $1.00 level is being watched as a psychological support point. A drop below this level could trigger technical selling, while sustained trading above it could help the price stabilize. In the short term, direction will depend on developments related to the CLARITY Act and overall market sentiment. This post is not investment advice and is for informational purposes only regarding market conditions. #我的七夕交易分享 #MyQixiTradingShare