XRP News Today: Profitable XRP Holdings Near 93% Spell Volatility Risk Amid Powell's Looming Speech

More than 93% of XRP’s circulating supply remains in profit despite recent price volatility, according to on-chain analytics platforms Santiment and Glassnode. This high level of profitability, sustained since mid-July, indicates that the majority of XRP holders are still in positive territory, with average gains hovering above 90%. This is notable given that the token has experienced a 13% decline over the past six days, with large-scale investors offloading 460 million XRP tokens in a single week. These movements reflect a broader pattern of profit-taking behavior among long-term holders, which has historically preceded significant price corrections.

The recent selloff occurred against the backdrop of rising macroeconomic uncertainty, particularly in anticipation of U.S. Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole symposium. Analysts have warned that hawkish commentary from Powell could accelerate selling pressure, especially among investors seeking to lock in profits amid heightened market volatility. This dynamic is compounded by the token’s technical indicators, which show that XRP has fallen below key support levels, including the 50-day simple moving average and the $2.95 psychological threshold. The Relative Strength Index (RSI) has dipped below 40, signaling bearish momentum, while the Stochastic Oscillator has entered the oversold territory, suggesting potential for a short-term rebound.

Ripple’s recent integration of U.S. Dollar Coin (USDC) onto the XRP Ledger (XRPL) marks another development with long-term implications for the token’s utility and adoption. In June, Ripple partnered with Circle, the issuer of USDC, to facilitate cross-chain transactions and expand liquidity on the XRPL. This move is expected to attract more developers and financial institutions to the network, enhancing its role in cross-border payments. Additionally, Ripple has launched its own stablecoin, Ripple USD (RLUSD), which is fully backed by cash equivalents and designed for fast, low-cost transactions. The company’s strategic expansion into the stablecoin space aligns with the broader shift in the crypto market, where stablecoins now hold a combined market cap of over $280 billion.

Despite these positive fundamentals, the high profitability of XRP’s supply remains a double-edged sword. Historical data from 2018 and 2021 shows that when over 90% of XRP wallets were in profit, the token experienced sharp corrections of 85–95%. Analysts warn that a bearish catalyst—such as a sharp rise in U.S. inflation or a hawkish stance from the Federal Reserve—could trigger mass profit-taking, pushing the price below $2.78 or even $2.60. However, some market observers argue that this cycle may differ due to increased network activity and strong whale accumulation. Wallets holding 1–10 million XRP have been steadily adding to their balances, suggesting institutional confidence in the token’s long-term trajectory. Additionally, daily active addresses on the XRP Ledger have climbed to 225,000, the highest in three years, signaling growing real-world adoption.

Ripple’s broader vision positions XRP as a key player in the tokenization of the global financial system. Institutional analysts project that the XRP token could reach $10 by 2026, $31.30 by 2028, and potentially $149.70 by 2032, contingent on widespread adoption in banking, custody, and cross-border settlements. These forecasts are underpinned by Ripple’s expanding role in the $19 trillion cross-border payments market and its ongoing efforts to integrate with legacy financial systems. The company’s legal victory over the SEC has also removed a major regulatory overhang, enabling a surge in institutional interest and adoption of XRP-based services.

In the near term, market participants will be closely watching Powell’s remarks at Jackson Hole and any shifts in macroeconomic policy that could influence crypto markets. The performance of XRP will likely remain tied to broader macroeconomic trends, as well as on-chain activity and whale movements. For now, 93% of XRP addresses remain in profit, a bullish signal but also a warning sign of potential volatility as investors decide whether to hold or exit their positions.

Source:

[1] XRP Price Forecast: Large holders offload 460 million ... (https://www.fxstreet.com/cryptocurrencies/news/ripple-price-prediction-xrp-falls-6-as-large-scale-wallets-offload-tokens-202508200055)

[2] Ripple (XRP) and Stablecoins: 4 Things Investors Need to Know (https://finance.yahoo.com/news/ripple-xrp-stablecoins-4-things-110000919.html)

[3] XRP Profit-Taking Volume Hits $375M, Highest Since ... (https://thecryptobasic.com/2025/08/20/xrp-profit-taking-volume-hits-375m-highest-since-december-2024-rally/)

[4] XRP Price Forecast: Ripple Slides to $2.89 as Powell Looms (https://www.tradingnews.com/news/ripple-xrp-price-forecast-xrp-at-289-usd-with-powell-risk-ahead)

[5] Someone Eventually Sells as 94% of XRP Wallets Now in ... (https://thecryptobasic.com/2025/08/19/someone-eventually-sells-as-94-of-xrp-wallets-now-in-profit-but-heres-why-now-could-be-different/)