XRP is struggling to extend a sharp August rally after gaining 43.7% in seven days, its strongest weekly advances in years and the best performance among major cryptocurrencies. The token traded near $1.39 on Aug. 29, down roughly 2% over 24 hours after recently testing $1.45. The rally was supported by stronger Korean trading activity and positive U.S. spot XRP ETF flows, which reached $77.47 million across six consecutive positive sessions through Aug. 25. Spot XRP products now hold roughly $1.5 billion in assets, and separate data for Aug. 28 showed another positive session. Goldman Sachs disclosed $86.5 million across five XRP ETFs in its second-quarter filing, adding to evidence of institutional exposure. Network data also showed daily active addresses rising about 35% in August, although new-address creation remained comparatively flat, suggesting higher activity among existing users rather than clearly stronger new demand. XRP and the XRP Ledger are designed for fast settlement and cross-border payments. Traders are watching the $1.41-$1.45 region, with a sustained move above $1.45 potentially reopening $1.55-$1.65, while failure to reclaim that area could expose $1.36, then roughly $1.28 and the broader $1.00-$1.05 support zone. The macro backdrop has weakened after Federal Reserve Chair Kevin Warsh's Jackson Hole comments pushed Treasury yields and the dollar higher and increased expectations for another rate increase. Bitcoin subsequently fell below $77,000, underscoring pressure on risk assets. XRP therefore remains caught between institutional inflows and less supportive macro conditions: a move above $1.45 would strengthen the recovery case, while a break below $1.36 would indicate that the post-rally correction may continue.