XRP news today is turning heads again. The token pushed to a monthly and weekly high of $1.69 this week, before settling near $1.48, according to CoinGecko data. That's a jump of more than 48% in just seven days. A move like that usually needs more than hype behind it.

Source: CoinGecko Data
Two fresh signals, one from XRP Ledger network activity and one from the ETF market, point to real demand building underneath the price action. Here's what the data actually shows, and what could come next for XRP price today.
Key Takeaways
The current market cap for the altcoin sits at $92.873 billion, with 24-hour trading volume of $5.572 billion, according to CoinGecko. Price and volume alone don't explain a 48% weekly move on their own. What's changed is activity underneath the price.
XRP Ledger usage has picked up sharply, and the spot ETF market has quietly built a run of steady inflows. Together, these two data points give this rally a different shape than a typical short-term spike driven by speculation alone.
Active addresses on the Ledger have climbed fast this year. DeFiLlama data shows May 2026 at 834,661 addresses, June at 1.21 million, and July dipping to 1.02 million. August has jumped to 2.26 million, more than double the July figure. Total value locked (TVL) on the network moved alongside it, rising from $32.31 million in July to $44.42 million in August.

Source: DefiLlama Data
More wallets moving on-chain, alongside rising TVL, usually points to genuine network use rather than a single wave of exchange-driven buying.
| Month (2026) | Active Addresses | TVL |
|---|---|---|
| May | 834,661 | Not tracked in this dataset |
| June | 1.21 million | Not tracked in this dataset |
| July | 1.02 million | $32.31 million |
| August | 2.26 million | $44.42 million |
The spot XRP ETF market is showing a similar pattern. SoSoValue data puts the daily net inflow at $13.82 million as of August 24, with cumulative net inflow now at $1.57 billion since launch. Total value traded stands at $107.92 million, and total net assets held across ETFs sit at $1.44 billion, equal to 1.55% of its market cap.

Source: SoSoValue Data
August has seen just one outflow day, on August 5, at -$3.58 million. Every other tracked day this month has recorded inflows, including the past five straight days. That kind of consistency is worth watching, though a single month of inflows doesn't guarantee the trend continues.
The next event on the calendar is the Clarity Act, expected to come up for approval on September 15. A favorable outcome could add another reason for institutional buyers to stay active in it on top of the address growth and ETF inflows already in motion. That said, legislative timelines can shift, and a delay or unfavorable result would likely cool short-term momentum. Traders watching price today should treat the date as a catalyst to track, not a certainty to bet on.
YMYL Disclaimer: This article is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency markets, including XRP, are highly volatile, and prices can fall as well as rise. Data referenced here reflects figures as of August 24-25, 2026, from CoinGecko, DeFiLlama, and SoSoValue, and may have changed since publication. Always do your own research and consult a licensed financial advisor before making investment decisions.