XRP Defies Downturn with 31% August Gain Despite Recent Decline

XRP's price has been affected by a decline in sell-side volume and hawkish comments from Fed Chair Kevin Warsh, but it still holds a 31% gain for August.

The token lost 5% of its value over the last week due to $96M in Binance sell-side volume and Warsh's comments at Jackson Hole. However, despite this decline, XRP has seen significant growth in August.

XRP ETFs have recorded their best month since December 2025 with $153 million in inflows for August, reducing the available supply and supporting the token's price.