Friday, July 31, 2026 · XRPTRACER monthly wrap
By XRPTRACER Research Team
July was a busy month for Ripple and a quiet one for XRP's price. Ripple got full MiCA authorisation, launched Ripple Mint, invested in Notabene and saw Aviva Investors put a fund on the XRP Ledger. XRP stayed in a range between about $1.04 and $1.16 and ends the month a few percent higher.
XRP market moves
- July 1 open: about $1.04 (CoinGecko, 00:00 UTC)
- Month high: about $1.16 on July 5–6
- July 31 open: about $1.08, market cap near $67.7B
- Month to date: roughly +4%
The first week was the best of the month. After that, the US-Iran escalation on July 8, a stalled Clarity Act and Fed nerves kept a lid on price.
Wall Street keeps building
July 1: escrow and ETFs. Ripple re-locked 700M of the 1B XRP monthly unlock, its usual pattern this year (Whale Alert), while ETFs closed June with a third straight inflow month.
July 6: full MiCA CASP authorisation. Ripple moved from its June preliminary license in Luxembourg to full authorisation as a crypto-asset service provider, giving it an EU-wide passport.
July 23: Ripple Mint and Notabene. Ripple launched Ripple Mint for institutional RLUSD minting, redemption and bridging, and expanded RLUSD to the XRPL EVM Sidechain, Base, Optimism, Ink and Unichain. The same day it made a strategic investment in Notabene, putting RLUSD into Notabene Flow.
July 28: Flare Smart Accounts v1.3. Flare added one-signature flows that let XRPL wallets reach XRP DeFi on Flare more simply.
July 29: Aviva Investors on XRPL. Aviva launched a tokenized share class of its US Dollar Liquidity Fund on the XRP Ledger, approved by the Central Bank of Ireland, with Licuido, Komainu and BNY Mellon in the structure.
Question everything
A month this full of institutional news and only a mid-single-digit price gain is worth noting. Most of July's news was about infrastructure: licenses, minting tools, compliance hooks and a non-transferable fund token. None of it changes XRP's supply or demand much in the short run. Price in July was driven by macro, which is why the news and the price moved separately.
What people are talking about
The XRP community on X spent July cheering Aviva and MiCA and arguing over whether the Clarity Act would pass before the August recess. It didn't: Decrypt reported on July 28 that the Senate shelved it. The other big July debate was RLUSD going multichain. Some holders worry that putting RLUSD on Base and Optimism dilutes the XRPL story. Ripple says the XRPL EVM Sidechain anchors the expansion.
On-chain data
- XRP price, July 31: about $1.08 (CoinGecko)
- RLUSD market cap: about $1.58B on July 23 (CoinGecko daily data)
- XRPL real-world assets: about $4.37B distributed plus represented, per RWA.xyz data cited by crypto.news on July 29
- Holder cohorts: 10k–100k XRP wallets rose to 11.9% of supply by July 30 from 11.64% on July 1 (Santiment via FXStreet)
Flows and macro
US spot XRP ETFs had a slower month than June but stayed positive. XRP Insights' daily data, including today's +$14.78M session, puts July at about +$28.8M, versus about +$50.9M in June on the same dataset. SoSoValue-based tallies put July nearer $27.3M; the two datasets differ slightly. Either way, it's a fourth straight month of net inflows. The Fed held at 3.50%–3.75% on July 29, and Bitcoin is holding around $64,000 (FXStreet).
What to watch in August
- August 1 escrow: another 1B XRP release, and how much Ripple re-locks
- Clarity Act: nothing moves until the Senate returns after the August recess
- RLUSD supply: whether Ripple Mint and the multichain rollout lift it past $1.7B
- Aviva token AUM and any move to make the tokens transferable
- $1.05 support and $1.16 resistance, the edges of July's range
The XRPTRACER take
July showed again that XRP's news and XRP's price are on different clocks. Ripple keeps building regulated infrastructure, and those catalysts are stacking up on the Catalyst Tracker. The price is waiting on macro and Washington. We'll be watching whether ETF inflows keep running through August on the Dashboard.
Sources: Whale Alert: July escrow re-lock · Ripple: Meet Ripple Mint · Notabene: Ripple investment · Aviva Investors: tokenised share class · Decrypt: Senate drops Clarity Act · FXStreet: XRP whales increase exposure · TradingNews: XRP ETFs close July · CoinGecko XRP history · XRP Insights ETF flows
Prices are CoinGecko daily snapshots at 00:00 UTC. ETF flows through the US close on July 31, 2026.
Not investment advice. See our Disclaimer.
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