XRP (XRP) is struggling to break out of a tight trading range just above $1, as investors weigh slowing ETF demand against uncertainty around U.S. crypto legislation. The token has remained boxed into a narrow band in recent sessions, with traders looking for a catalyst that can clarify both its regulatory outlook and its on-chain growth story.
As of Aug. 9 at 1:00 p.m. ET, XRP was trading at $1.0324, down 0.61% over the past 24 hours and off 4.19% on the week, according to CoinMarketCap. XRP’s market capitalization stood at roughly $64.56 billion, representing about 2.92% of the total… Read more
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