XRP Holds Near $1.09 as Clarity Act Momentum Builds and ETF Inflows Hit Nine-Day Streak

Today's Top Stories

• XRP is trading at $1.09 as of the early morning snapshot, representing a 24-hour gain of 2.65%. The move comes on a day dominated by regulatory headlines, as the U.S. Clarity Act continues to attract high-profile institutional endorsements and renewed Senate attention.

• BlackRock, Fidelity, Franklin Templeton, Goldman Sachs, and SoFi have formally backed the Clarity Act, a crypto market structure bill working its way through the U.S. Senate. The coordinated support from major traditional finance institutions is being described by multiple observers as a defining moment for federal digital asset regulation, with direct implications for how XRP is classified and traded. Some observers are drawing comparisons to the foundational securities legislation of 1934 that established the SEC.

• Ripple has publicly endorsed the Clarity Act, framing it as critical not only for its own global business but for the broader digital asset industry. The company acknowledges the bill is imperfect while arguing that its failure could leave the regulatory door open to a more hostile future environment. Separately, Galaxy Digital founder Mike Novogratz has stated publicly that he expects the bill to pass, citing a likely last-minute compromise on ethics provisions as the key unlock.

• Vanguard announced it will allow clients to trade crypto ETFs, a notable policy shift for one of the world's largest traditional asset managers. XRP was among the assets that saw upward price movement following the announcement, reflecting the market's sensitivity to expanded institutional access channels.

ETF Update

• Spot XRP ETFs recorded net inflows for nine consecutive days, with the most recent session logging what analysts describe as the largest single-day inflow since January. Total assets under management across spot XRP ETF products stand at approximately $113.8 million, with 104.8 million XRP locked and representing roughly 0.18% of total supply.

• Daily trading volume across XRP ETF products reached approximately $5.2 million. The sustained inflow streak is being cited as a factor absorbing sell-side pressure in the broader market, keeping price supported even as technicals remain under pressure.

• In a contrasting institutional data point, Goldman Sachs exited its XRP and Solana ETF positions during the first quarter of 2026, while also trimming holdings in Bitcoin and Ether ETF products. The repositioning stands in contrast to the broader trend of wealth management firms entering XRP via spot ETF structures, a pattern that has accelerated since spot XRP ETF products became available.

Technical Snapshot

• XRP closed the prior session at $1.0733 and has since ticked up to $1.0855. Traders are watching key support at $1.0694 and $1.0359, while resistance levels are clustered at $1.0968 and $1.1089. The 90-day trading range spans $1.0359 to $1.4845.

• The 50-day simple moving average sits at $1.1091, which is currently below the 200-day simple moving average at $1.3775. This configuration signals a longer-term downtrend remains intact. The daily RSI(14) reads 43.7, placing momentum in a neutral-to-soft zone without yet reaching oversold territory.

• The XRP Signal Index registers 47 out of 100. Component scores break down as follows: ETF flows at 55, on-chain activity at 59, whale behavior at 46, regulatory at 45, social sentiment at 39, and technicals at 38. The overall read is neutral, with ETF and on-chain data providing the primary positive signals and technical and social components representing the primary drags.

Whale Watch

• Five large transactions were recorded on the XRP ledger over the past 24 hours. The movements totaled approximately 58.9 million XRP across the five transfers. One transaction of approximately 9.9 million XRP was flagged as an exchange inflow, a directional signal that can indicate intent to sell or trade.

• The remaining four transactions, totaling approximately 49 million XRP combined, were logged with unknown direction. Transfers of 20 million, 13 million, 8.5 million, and 7.5 million XRP were recorded between approximately 08:00 and 19:30 UTC on July 28. The concentration of large moves with unclear direction, combined with the one confirmed exchange inflow, is consistent with the Signal Index whale component score of 46, which reflects a distributing posture.

• Traders are watching whether continued ETF inflows are sufficient to absorb any supply that large holders may be moving toward exchanges. The on-chain component score of 59 remains the strongest single input in today's Signal Index reading.

Regulatory Pulse

• The Clarity Act is the central regulatory focus today. Its Senate floor vote has been delayed, with the tracker showing 25% progress. Despite the delay, the volume and profile of institutional endorsements arriving this week signal that the bill retains significant momentum. The legislation would establish a foundational federal framework for digital asset classification and trading, including for XRP.

• The GENIUS Act, which establishes a U.S. stablecoin framework, has been signed into law and is marked complete at 100% progress. EU MiCA XRP classification and the SEC custody framework are both in monitoring status with no reported progress at this time.

• The overall regulatory component of the Signal Index reads 45, reflecting the mixed picture of a stablecoin framework now resolved but the broader market structure question still pending. The Clarity Act's trajectory through the Senate remains the primary near-term regulatory variable for XRP market participants to follow.

Tomorrow's Watchlist

• Senate activity on the Clarity Act and any updates to its floor vote timeline.
• Whether the nine-day spot XRP ETF inflow streak extends to ten sessions.
• XRP price action relative to the resistance cluster at $1.0968 and $1.1089, and whether the 50-day moving average at $1.1091 is tested from below.
• Any additional wealth management firm disclosures of XRP ETF positions.
• Further large on-ledger transactions and their directional classification.

This briefing is for informational purposes only and does not constitute financial advice.