- Ripple’s DeFi growth accelerates with Doppler Finance securing $3M seed funding for XRPfi ecosystem development initiatives.
- XRP shows price decoupling from BTC and ETH, with traders monitoring $3.40 resistance for potential bullish breakout.
XRP is trading at $3.2048, up 0.53% on the day, with a market cap of $189.92B and $6.43B in daily volume. XRP has gained 8.56% in the past week, 17.15% over the past month, and an impressive 448.22% year-on-year.
The biggest headline remains the official conclusion of the SEC’s long-running case against Ripple on August 7, which has removed a major regulatory overhang and reinforced market confidence in XRP’s legal standing. This resolution is fueling speculation about accelerated institutional adoption in the $6 trillion cross-border payments market where Ripple already has over 300 banking partnerships.
A bull flag pattern spotted on XRP’s charts has some analysts targeting $8 in the mid-term, though others urge caution given Bitcoin’s upcoming volatility and macroeconomic data releases. Ripple-focused DeFi activity is also picking up, with Doppler Finance announcing a $3M seed round to lead development in the XRPfi ecosystem.
Meanwhile, macro policy shifts—such as Trump’s executive order allowing crypto in 401(k) retirement plans—are adding a tailwind to institutional sentiment across digital assets, including XRP.
Despite BlackRock stating it has no immediate plans for an XRP ETF, the asset’s decoupling from BTC and ETH price action suggests it may carve its own bullish trajectory if buying pressure continues. Traders are closely watching the $3.40 resistance as a potential breakout point toward $4 and beyond.
