XRP rose nearly 48%, from $1.0014 on August 19 to an intraday high of $1.69, briefly becoming the fourth-largest cryptocurrency by market value as capitalization exceeded $91 billion, before closing at $1.4554 and retreating roughly 12% from its peak. Other market snapshots recorded a pullback toward $1.40 after a 53% weekly gain and a separate rebound from $0.48 to $0.51; the differing figures reflect separate reporting periods. More than 231 million XRP, worth over $335 million, was withdrawn from Binance by August 21, the exchange’s largest single-token outflow in six months, while about 1.45 billion XRP was also deposited during the broader period, leaving whale intent unclear. Santiment separately recorded a 25% weekly increase in transactions worth more than $100,000. Traders are also assessing Ripple’s scheduled release of 1 billion XRP from escrow on September 1, a September 15 Senate cloture vote on the CLARITY Act, and an SEC-approved Cryptex Digital Market Cap ETF registration filing allocating 4.88% to XRP. Technical and derivatives indicators show short-term pressure, but analysts say support between $1.10 and $1.38 could preserve the broader bullish structure and leave upside targets at $1.66, $1.93 and $2.25, while continued accumulation could support a move toward $2. None of these developments guarantees sustained appreciation.