XRP Price Stumbles as ETF Buying Crashes 96% Ahead of Crucial Reveal
XRP's price is facing pressure as ETF buying falls by 96%, removing one institutional demand source. This development is significant, given that XRP is struggling to hold above $1.
The decline in ETF buying may be temporary, with investors waiting for regulatory clarity or stronger macro conditions before re-engaging with the market. Meanwhile, European expansion, RLUSD, Ripple Mint, and tokenisation provide additional growth routes for XRP's ecosystem.
Ripple's institutional products and regulatory progress have created a mature evidence base for the token. However, its large valuation requires tens of billions in additional value to achieve major multiples.
The upcoming 19 August reveal from AlphaPepe is creating urgency among investors, with more than 10,000 holders waiting for an official announcement on launch preparation, exchange timing, products, or the remaining presale window. Stage 20 of AlphaPepe's presale has reached $0.02707, with over $2.39M raised.