XRP: Is the Summer Price Rise Coming to an End? What Should Investors Pay Attention To?

In just one month, XRP has experienced a strong breakout followed by a significant correction. On June 21, the price of XRP was only at 2 USD. By July 21, this token reached a 52-week high of 3.65 USD. However, the price has now dropped back to around 3 USD, leading many investors to question: Is this a "buy the dips" opportunity or an early warning signal for a deeper correction? Factors That Have Been "Reflected" In The Price Of XRP In the financial market, both stocks and cryptocurrencies share a common point: prices reflect investors' expectations based on publicly available information. With XRP, many significant growth drivers that were expected this year seem to have already been priced in by the market. The lawsuit with the SEC has concluded. On August 7, Ripple – the company behind XRP – officially reached a final agreement with the U.S. Securities and Exchange Commission (SEC). However, instead of continuing to break out, the price of XRP fell from 3.30 USD to 3.08 USD in just one week. This shows that this good news has been "priced in" by investors for a long time, especially since the new U.S. administration – which supports crypto – came to power, raising hopes for a more favorable regulatory environment. Expectations for the XRP spot ETF. Bloomberg currently assesses the likelihood of the XRP spot ETF being approved at 95%. Since January, the market has continuously discussed the impact of this ETF, so it is highly likely that when the official approval information is announced (, expected from now until month 10), the price of XRP will not experience a significant surge as many expect. Factors Not Fully Reflected in Price However, there are still risks and hidden factors that the market may not have fully accounted for: The concentration of XRP ownership According to estimates, only 20 wallets on the XRP blockchain hold up to 50% of the total circulating supply. This means that if a large wallet sells, the price could face significant pressure. In fact, in mid-July, a senior executive at Ripple sold 50 million XRP ( worth approximately 175 million USD), causing significant price fluctuations. If this trend of "taking profits near the peak" continues, it will pose a major barrier to the next price increases. Actual activities on the XRP blockchain. Despite the continuous emergence of news about stablecoins, asset tokenization, or cross-border payment solutions, actual data has not reflected a corresponding boom. In particular, stablecoins – instead of opening up new opportunities for XRP – may compete directly and reduce the demand for this token. XRP is at a crossroads. With a market capitalization of over 180 billion USD, XRP is currently nearly equal to the value of Uber (NYSE: UBER). The question for investors is: Do you believe that XRP is worth more than Uber? If the answer is "Yes", then this could be an opportunity to buy the dips while the price is correcting. If the answer is "No", it may be time to consider other opportunities in the crypto market. The current picture shows that XRP is facing a critical phase. To make decisions, investors need to closely monitor the movements of large wallets, the actual effectiveness of XRP's blockchain applications, and the impact from new financial products such as ETFs.