XRP holds $1 as White House crypto summit nears

XRP held near $1.00 on Aug. 19, roughly flat over 24 hours, as a White House crypto summit and ETF inflows supported the token.

The meeting, described as the largest White House crypto gathering to date, will bring together President Trump, SEC Chair Paul Atkins, CFTC Chief Michael Selig, and executives from Coinbase and Ripple, according to Blockonomi. The summit could shape US regulatory policy for digital assets and influence market direction.

US spot XRP ETFs recorded $5.81 million in net inflows, while Q2 exchange-traded product inflows reached $253.6 million, up from $174.8 million in Q1. Cumulative inflows since US spot XRP funds launched in November 2025 exceed $1.9 billion, per the Blockworks State of XRP report.

XRP faces resistance at $1.03 and $1.05, with a daily close below $0.97 potentially opening a path toward $0.95. The CLARITY Act's 2026 passage odds have fallen to roughly 10-20 percent, leaving regulatory clarity dependent on the White House meeting and SEC rulemaking.

Stablecoin and RWA growth outpaces network activity

XRPL-native stablecoin supply rose 195.4 percent during Q2 to $825.5 million, driven mainly by RLUSD, which grew 256.7 percent to $676.9 million. Tokenized real-world asset value increased 102.5 percent to a record $4.46 billion, though roughly $2.23 billion came from Justoken's energy-backed JMWH token held entirely by the issuer. Distributed RWA value declined 5 percent to $386.1 million.

These infrastructure gains did not translate into stronger network usage. Total transactions fell 6.5 percent to 222.4 million, average daily active addresses declined 10.7 percent, and payment volume dropped 26.6 percent to 41.07 billion XRP. Spot trading volume across 11 centralized exchanges fell 53.5 percent to $57.6 billion, while perpetual futures volume declined 44 percent to $154.9 billion.

XRP's relative strength index stood near 38.27, slightly above its moving average of 36.80, indicating modestly improving momentum but still below the neutral 50 level. The token has fallen 7.6 percent over 30 days and approximately 66.8 percent over the past year, remaining more than 70 percent below its July 2025 record of $3.65.

Regulatory clarity hinges on White House summit and SEC rulemaking

The SEC has proposed a new framework called Regulation Crypto Assets, which would give token issuers a written route to raise money legally and eventually exit securities treatment. The proposal remains open for public comment and revision. The Ripple case was formally closed in August 2025 after the SEC settled, returning more than $75 million held in escrow to Ripple and vacating the court's injunction.

The proposed XLS-65 and XLS-66 amendments, which would add single-asset vaults and fixed-term lending to XRPL, have gained Ripple's backing but remain below the 80 percent validator supermajority required for activation, with support near 40 percent and 37 percent respectively.

For XRP price, the immediate technical levels remain $0.97 and $1.03. Longer-term improvement will depend on whether expanding stablecoin, tokenization, and investment product demand produces sustained transactions, liquidity, and XRP usage.

This article is for informational purposes only and does not constitute investment advice.