Ripple has added a South Korea banking deployment with Jeonbuk Bank, which plans to use Ripple Payments for faster, more transparent and less costly cross-border business remittances. The deal extends Ripple’s broader Korean push across payments, custody and tokenization, following collaborations with Kyobo Life Insurance and KBank. Ripple also said Ripple Prime raised $275 million through a private placement of senior unsecured notes to support its ongoing and expanding U.S. business. Separately, SEC filings showed major financial firms including Jane Street Group, Bank of America, Morgan Stanley, Wolverine Asset Management, Gallagher Capital Management, Main Street Group and National Bank of Canada holding exposure to spot XRP ETFs. The ETFs recorded $5.81 million of inflows on Aug. 19, or Tuesday in the newer report, after more modest inflows of just over $2 million the previous business week. XRP recovered the $1 psychological level after falling to $0.98, its lowest price since 2024, and traded at $1.0057, up 1% over 24 hours and ranking as the third-best performer among the top 10 cryptocurrencies by market capitalization behind Solana and Ethereum. However, futures open interest fell roughly 1% since Tuesday to $2.73 billion, while XRP remained below its 50-day, 100-day and 200-day exponential moving averages. Resistance was identified near $1.03, $1.06-$1.07, approximately $1.16 and $1.35, leaving the token vulnerable to a deeper correction without a sustained daily close above the $1.03-$1.07 region. XRP Ledger activity increased despite the earlier price weakness, with daily active addresses exceeding 35,500 in August, wallets holding at least 1 million XRP rising by 32 over three months, and whales accumulating 72 million XRP in 24 hours. Analysts remain divided on whether the token has formed a near-term base or faces further declines. Investor sentiment is also being influenced by escalating Middle East tensions and upcoming Federal Open Market Committee minutes.