XRP fell more than 8% after the Senate failed to move the CLARITY Act forward, weakening a broader crypto market already trading lower. The token lost the $1.34 support level and moved toward $1.26, according to crypto analyst Diana, who said further declines could target $1.14-$1.10 and then $1.00 if $1.10 breaks. XRP’s earlier 70% rally had an on-chain signal: Santiment identified 85 new wallets holding at least 1 million XRP two days before the August 17-21 surge. Large wallets can absorb supply and shift liquidity faster than retail traders, and their changing numbers have often preceded sharp XRP moves. The XRP Ledger is also gaining ecosystem support through Ripple-backed RLUSD lending, ZILO and Licuido investments, tokenization, transfer-agency and collateral-mobility infrastructure, and expanded GSmart tools for enterprise finance. RLUSD (a dollar-pegged settlement token) adds settlement utility, while institutional tokenization gives XRP use cases beyond retail speculation. U.S.-based spot XRP ETFs have attracted more than $43 million in August inflows and could extend their streak to 10 consecutive weeks if the trend continues.