XRP came under renewed selling pressure as it traded just above the $1.00 psychological threshold, even with Bitcoin holding near $64,000. The token dropped to $1.002, its lowest level since November 2024, after failing at $1.10 weeks earlier and extending a run of local lows. Market sentiment was also weighed down by another delay to the CLARITY Act, which helped push XRP to $1.02. At the same time, spot XRP ETFs recorded a fourth consecutive week of net positive flows, but the support remained thin. The funds brought in $1 million for the week, while two of the five trading days showed no reportable activity, according to SoSoValue. That weak pattern carried into the latest session, when inflows were flat at $0.00, underscoring limited institutional demand through exchange-traded funds. On the XRP Ledger, growth in tokenized RWAs (real-world assets) contrasted with the softer market backdrop. A chart reposted by the network’s official X account showed the total value of RWAs on XRPL had risen nearly 400% since the start of the year to $4.4 billion. Much of that expansion came from Argentina-based Justoken’s tokenized electricity asset JMWH, which launched on XRPL in mid-January and has reached a 51% share of the network. The network also warned the XRP community about phishing attempts and fake giveaway posts, saying there are no "XRP airdrops or rewards given out by us, Ripple, or wallets in the community." Users were urged not to share wallet keys. Separately, Ripple highlighted regulatory progress after securing a full MiCA license in early July, with the company saying "Regulatory clarity is the foundation of institutional trust." Matt Osborne, Ripple’s UK and Europe Policy Director, said the approval allows regulated banks, fintechs, and corporates to access Ripple’s payments infrastructure across all 30 EEA countries. Despite the recent weakness, some analysts still see scope for a rebound if XRP holds the $1.00 support, with targets of up to $50.