XRP price holds $1 as ETPs draw $253.6M in Q2 inflows

XRP price traded near $1.00 on Aug. 19 as new Q2 data showed rapid stablecoin and tokenized asset growth on the XRP Ledger alongside weaker trading and user activity. Summary XRPL native stablecoin supply rose 195.4% quarterly to $825.5 million, led by rapid RLUSD expansion. Reported tokenized asset value reached $4.46 billion, though transferable assets declined to $386.1 million quarterly. XRP ETPs attracted $253.6 million despite quarter-end assets falling alongside the token’s 19.9% price decline. XRPL transactions fell 6.5%, while native decentralized exchange volume declined 35.9% during the quarter overall. XRP price remains near $1.00, below its Bollinger midpoint, with momentum still under neutral territory currently. The Blockworks State of XRP report said XRPL-native stablecoin supply rose 195.4% during Q2 to $825.5 million. Reported tokenized real-world asset value increased 102.5% to a record $4.46 billion. Those infrastructure gains did not translate into a higher XRP price. XRP ended Q2 at $1.04, down 19.9%, before slipping closer to $1 during August. You might also like: XRP price slips below $1 as whale activity jumps 280% XRP price remains fragile around the $1 support level XRP price traded between approximately $0.994 and $1.01 during the latest 24-hour period. Its market capitalization stood near $62.9 billion, placing it sixth among cryptocurrencies. The daily chart shows XRP below the Bollinger Bands midpoint near $1.03. The lower band sits around $0.97, while the upper band is near $1.09. A close below $0.97 would weaken the current stabilization attempt, while a recovery above $1.03 would return the price to the middle of its recent volatility range. XRP price chart, source: crypto.news The Relative Strength Index stood near 38.27, slightly above its moving average of 36.80. That indicates modestly improving momentum, but the reading remains below the neutral 50 level. XRP price has fallen 7.6% over 30 days and approximately 66.8% over the past year. The token remains more than 70% below its July 2025 record of $3.65, according to crypto.news market data. RLUSD produced most of XRPL’s stablecoin growth RLUSD supply on XRPL rose 256.7% during Q2 to $676.9 million. It represented approximately 82% of the network’s $825.5 million stablecoin total. Stablecoin transfer volume increased 207.5% to roughly $10 billion. RLUSD generated about $9 billion, or 90%, compared with approximately $2.6 billion during Q1. State of XRP price Q2 2026, source: Blockworks/XRipple also expanded RLUSD distribution. OKX listed the stablecoin across more than 280 spot pairs and enabled institutional users to employ it as margin collateral where available. Japan approved RLUSD as an electronic payment instrument under the Payment Services Act. Ripple and SBI Group said in a release that SBI VC Trade would distribute it to institutional and retail customers. The relationship between RLUSD adoption and XRP demand is indirect.