XRP trades near $1.38 as ETF inflows reach $1.67 billion and XRPL payments rise

  • XRP ETF net inflows reached $1.67 billion and XRPL payments rose 47.8% to approximately 658,600.
  • Seven XRP ETFs held about 1.11 billion XRP, while XRPL payment volume fell 60.8% to roughly 443.1 million XRP.
  • XRP remained near $1.35-$1.38 as markets awaited the September 15 Senate CLARITY Act cloture vote.

XRP traded near $1.36-$1.38 after retreating from an August advance, while cumulative XRP ETF net inflows reached $1.67 billion by August 31 and XRP Ledger payments rose 47.8% to approximately 658,600. Seven XRP ETFs held about 1.53 billion combined, including approximately 1.11 billion XRP, while Bitwise's fund surpassed $500 million in assets under management within nine months. XRPL successful transactions rose 82.4% to 1.6 million, overall transactions increased 59.7% to about 2 million, and active accounts rose 12.7% to roughly 14,800, but payment volume fell 60.8% to about 443.1 million XRP, indicating smaller average transfers. Markets also focused on a September 15 Senate cloture vote on the Digital Asset Market Clarity Act, while derivatives positioning and technical indicators remained mixed.

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