Coinpedia Fintech News

Goldman Sachs has taken the top spot among institutional holders of spot XRP ETFs, according to Q2 13F filings compiled by Bloomberg Intelligence. The bank’s exposure jumped to $87.4 million, up $83.1 million from the prior quarter, by far the largest increase of any firm on the list.
Who Else Made the List
Jane Street Group sits in second place with $16.6 million in exposure, followed closely by Millennium Management at $16.2 million. Rounding out the top five are Intesa Sanpaolo, the European banking giant, at $14.4 million, and Marex UK Holdings at $8.1 million.
Most firms on the Bloomberg Intelligence list added to their XRP positions this quarter. A handful moved the other way, Citadel Advisors, Gallacher Capital Management, SIG Holding and Flow Traders US all trimmed their exposure, with SIG posting the steepest cut at roughly $4.6 million.
$1.8 Billion and Counting
Zoom out from individual holders and the flow data tells an even bigger story. Bloomberg’s James Seyffart revealed that XRP ETF flows have been “surprisingly resilient,” with cumulative net inflows now sitting at $1.8 billion since launch. According to data, that total climbed from $150 million just after launch in November 2025 to $1.45 billion by mid-January, then went higher through the spring before crossing $1.79 billion by late August.
What makes that number stand out, according to analyst CryptoSensei, is that it built up without XRP’s price cooperating. Inflows kept climbing even through stretches where the token wasn’t exactly making life easy for buyers.
Money Keeps Coming Even as Price Pulls Back
That pattern has continued into the latest pullback. XRP has slipped to around $1.37, but spot ETFs have pulled in more than $150 million over nine straight trading days, even as exchange reserves continue to decline, typically a sign that coins are being moved off exchanges and into longer-term holding rather than sold.
XRP holding above $1.36 keeps the door open for a retest of the $1.43 level, where XRP was previously rejected, while losing that floor would put the recent sweep low back in play.
Adding to the Momentum: RLUSD Crosses $2 Billion
Ripple’s stablecoin RLUSD also hit a milestone this month, crossing $2 billion in market cap, with more than $1 billion of that issued directly on the XRP Ledger, according to the stablecoin’s latest independent attestation for July. The company added that the token isn’t even two years old yet.

The XDC price is sitting in a zone that bulls have defended before, and the timing is getting interesting. The $0.023-$0.029 range has acted as an important demand area, with the token now back inside it during Q3 2026. August ended without the hoped-for reversal, but September could offer a different setup if fresh demand finally shows up.
XDC Price Needs Demand Before Rally Ignites
For now, the chart isn’t giving bulls a free pass. XDC remains below the 200-day EMA band, making that indicator an important confirmation level. A successful flip would provide stronger evidence that bullish activity is actually returning rather than another temporary bounce.
If demand builds inside the current zone, the first major target sits around $0.045. Beyond that, $0.066 and $0.098 remain important resistance levels.
That’s a sizeable upside path, but it depends on one rather boring requirement: buyers actually have to show up.
Japan’s Latest Project Adds Fresh Attention
The fundamental backdrop has also picked up. On August 28, XDC-related infrastructure announced that Japan is continuing to build on the network.
SBI XDC, TOPPAN and Ginco are set to run a trade-finance demonstration in Osaka, backed by the prefecture’s FY2026 subsidy. The project uses vLEI for corporate identity and blockchain for the trade workflow, with the infrastructure built on XDC Network.
It doesn’t automatically translate into token demand, of course. Still, it gives the market another development to watch while price sits at a historically important zone.
September Could Decide The Next Major Move
The setup is therefore fairly straightforward. Holding $0.023-$0.029 and attracting sufficient demand could give the XDC price room to recover toward $0.045, followed by $0.066 and potentially $0.098.
But without that demand, the 200-day EMA remains overhead and the bullish case stays unconfirmed. For the XDC price, September could come down to whether the demand zone finally produces the reversal traders have been waiting for.

The XRP Ledger is moving beyond payments and token transfers as Clearpool, Ripple, and Cicada work on a new institutional lending market. The project could bring corporate credit onto XRPL, with loans settled in RLUSD.
Vet, the XRPL Foundation community lead and dUNL validator, says institutional “lending is coming.”
But can institutional lending also create new utility and demand for XRP, XRPL?
Clearpool Builds Credit Market With Ripple and Cicada
In a recent announcement on X, Clearpool said it is building the credit infrastructure using XRPL’s XLS-65 Single Asset Vaults and XLS-66 Lending Protocol.
Clearpool said that it;
“Institutions were never missing on-chain yield. They were missing a venue built for credit.
Therefore, its new project with Ripple and Cicada aims to address that gap by building lending infrastructure directly on XRPL.
Most on-chain credit runs on smart contracts: flexible, composable, battle-tested. XRPL takes a different path, lending as a native ledger primitive.
XLS-65 (Single Asset Vault) and XLS-66 (Lending Protocol) build the vault and the loan into the ledger itself. pic.twitter.com/WOL6HCGss7
— Clearpool (@ClearpoolFin) August 31, 2026
Cicada will handle borrower’s financial position, cash flows, and credit history before determining how much they can borrow and what rate they should pay. Borrowers and lenders will also need to pass KYC and AML checks.
Meanwhile, Ripple will provide the XRPL and RLUSD for loan payments and settlements. Ripple will also participate as a liquidity provider.
The goal is to create lending pools where vetted businesses can borrow RLUSD from institutional lenders and repay the loans with interest.
However, these features are not live on XRPL Mainnet yet.
Could Lending Increase XRP Utility?
The immediate benefit is expected to go into XRPL, but it may also create some additional demand for XRP. Clearpool’s lending platform is expected to connect with XRPL’s native AMM, giving institutions a way to move between RLUSD and other assets.
For example, market makers providing liquidity to XRP/RLUSD pools would need to hold both XRP and RLUSD. This could increase the use of XRP within the lending ecosystem and potentially reduce some XRP from the freely traded supply.
The XRP Ledger also burns 100% of its transaction fees. Every transaction requires a small fee in XRP, and that XRP is permanently removed from circulation.
XRPL Network Activity Continues to Boom
The XRPL network is already processing around 1.09 million transactions per day, although activity has recently fallen by 42.7% from earlier monthly levels.
At the current rate, about 117.83 XRP is burned daily, while the ledger has burned around 7,680.43 XRP over the past 30 days.
These numbers show that XRPL already has strong network activity and a built-in XRP burn mechanism. However, the planned lending market is still under development, so it is too early to say how much additional XRP demand it could create.
For now, the key development is that institutional credit is being built directly around XRPL’s native features, potentially giving the network another major financial use case.

The BNB price is ending August at a rather awkward spot. After falling from the early-2026 peak of $955 to $572 in February and eventually bleeding to $540 by late July, the token reversed sharply to $720. Now though, it’s consolidating near the upper border of a falling wedge. That’s where things get interesting and potentially ugly.
BNB Price Needs A Breakout To Continue Higher
The technical setup currently leans bullish, but hardly guarantees anything. A golden cross between the 50-day EMA and 200-day EMA bands support the case for further upside, while improved market sentiment has helped the recovery.
If buyers actually push the BNB price through the wedge’s upper boundary, $760 becomes an immediate level to watch, followed by $820. If that resistance refuses to give way, however, the recent recovery could lose momentum quickly.
Binance Keeps Adding Activity Into August
Binance isn’t exactly sitting quietly either. On August 30, the exchange promoted its Earn Yield Arena, offering up to $5,888 in rewards through limited-time offers.
It also announced the addition of bStocks to Spot Trading Bots alongside an extended zero-maker-fee promotion. Another limited-time offer provides up to 50% lower fees for trading stocks and ETFs.
None of that guarantees a BNB rally. But it does show the exchange continuing to push trading activity and products while the token approaches a technical decision point.
Macro Data Could Decide August’s Final Direction
There’s another complication. This week brings Nonfarm Payrolls, ISM Manufacturing PMI and earnings from companies including HPE, Broadcom and Lululemon. Those events could influence broader market sentiment at precisely the moment the BNB price is testing a major chart boundary.
So, the setup is straightforward, a breakout could open the door toward $760 and $820, while rejection would leave the recovery vulnerable. The BNB price has momentum, but now it needs buyers to prove they actually mean it.

XRP has spent the past several days trading sideways after a big rally, and that sideways action has formed a pattern experts call a “bull flag.” In plain terms, that’s a brief pause after a strong move up, one that often ends with the price continuing in the same direction it was already heading, higher.
What The Bigger Picture Looks Like
XRP has been stuck in a tight, choppy range since the crypto bear market began back in July of last year. That range recently broke, with XRP posting one of its biggest weekly moves in a long time. To one technical analyst watching the chart, that looks like more than just a bounce, it looks like the start of a real trend change.
Two Numbers That Matter Right Now
For XRP right now, it really comes down to two prices:
$1.43 on the way up. If XRP can close above this level for a few hours in a row, that’s the signal traders are watching to confirm the breakout is real.
$1.30 on the way down. If XRP falls below this instead, the bullish setup falls apart, and a deeper pullback becomes the more likely outcome.
Right now, XRP is sitting between those two numbers, essentially holding its breath.
If XRP Breaks Higher, Here’s The Target
The analyst puts XRP’s short-term target at around $2.10. From where XRP is trading now, that would be a move of roughly 56%, a big swing, but one the analyst believes is realistic if the $1.43 level gives way.
Looking even further out, there’s a bigger target on the table too: around $3.68, which would mark a new all-time high for XRP. That move wouldn’t happen overnight. It’s more of a “over the coming weeks and months” kind of target, not something that shows up on the chart tomorrow.
Why Not Many People Are Talking About This
Here’s the interesting part. After XRP spiked to $1.70 last week, a lot of everyday retail traders reportedly cashed out and moved on, assuming the move was over. That’s actually why this setup could catch people off guard, most of the crowd has already stopped paying attention, right as the chart is building toward a potential breakout.
The analyst says watch $1.43. A confirmed break above it could open the door to a run toward $2.10 in the near term, with $3.68 as a longer-term target if momentum keeps building. On the flip side, losing $1.30 would flip the picture bearish.

Fundstrat’s Tom Lee said Bitcoin and Ethereum are positioned for a major fourth quarter if the CLARITY Act passes this year, calling it one of four catalysts he expects to drive crypto higher into year-end.
Lee’s Four Catalysts for a Crypto Comeback
Speaking in a CNBC interview, Lee laid out a multi-part case for strength in digital assets. First, he pointed to crypto’s performance relative to other asset classes, explaining it has been the best-performing macro asset in the third quarter so far, a track record he expects to draw fresh institutional allocation in September and the fourth quarter.
Second, Lee said the crypto market’s traditional four-year cycle is set to end next month, which he expects to bring back investors who had stepped away from the space. He specifically cited South Korean investors, historically a major force in crypto trading, who rotated into AI stocks earlier this year but are now showing renewed trading volume in crypto markets.
Third, Lee opened up about strengthening fundamentals building throughout the year, including strong momentum in tokenization and what he described as a breakout product launch from Robinhood, alongside broader tailwinds from generative AI adoption benefiting the sector.
The fourth catalyst, Lee said, is the CLARITY Act itself. “If Clarity Act passes, which could happen this year, and if it does, I think Bitcoin and Ethereum have a huge fourth quarter,” Lee said.
Is Crypto Winter Over?
Asked whether crypto’s recent strength offsets the declines seen over the past year, Lee said the downturn had actually been shallower than widely believed, despite significant deleveraging events, including a sharp pullback in October and two additional drawdowns earlier this year.
“I think it’s been a very shallow crypto winter,” Lee said, adding that relatively few investors currently hold crypto positions, a dynamic he believes leaves room for Bitcoin to potentially reach six-figure territory.
Bitcoin’s Rally Already Underway
Lee’s comments come as Bitcoin has already staged a recovery. Cryptocurrency markets experienced their largest weekly rally in three years during late August 2026, pushing Bitcoin back above $80,000 after months spent trading in a lower range. Altcoins also posted gains between 30-50%.

MicroStrategy has finally returned to active Bitcoin accumulation, buying 4,603 BTC for $369.7 million between August 24 and August 30. After roughly 10 weeks without a major treasury addition, the purchase puts the company’s buying strategy back under the microscope.
MicroStrategy Returns To Treasury Buying
The acquisition was funded through the sale of 4,531,421 Class A shares, which generated $602.8 million in net proceeds. The company allocated $369.7 million to BTC, while $151.8 million went toward buying back 1,557,177 STRC preferred shares, $50.7 million covered STRC dividends and the remaining $30 million went into cash reserves.
That’s quite a different setup from July and August, when MicroStrategy was effectively a net seller while strengthening liquidity and addressing preferred-stock obligations.
Bitcoin Treasury Now Holds 845,050 BTC
Following the latest purchase, MicroStrategy holds 845,050 BTC acquired for a total of $63.73 billion. The aggregate cost basis stands at $75,412 per coin, while the current BTC price cited in the data is around $79,087, leaving the overall treasury approximately 4.9% in profit.
The balance sheet also remains well supplied, with $5.10 billion in total USD reserves, including $1.61 billion in cash, alongside zero net leverage.
Still, the latest purchase isn’t exactly sitting pretty. The new 4,603-BTC tranche was bought at an average $80,318, above the cited market price, leaving the allocation roughly 1.5% underwater, or about $5.7 million on paper.
Is This The Start Of More Buying
That’s the part markets will care about. One purchase ends the hiatus, but it doesn’t yet prove another sustained accumulation cycle has begun.
There’s also the continuing dependence on MSTR share issuance. Issuing equity can dilute existing shareholders, and the strategy needs the stock to trade above net asset value for those purchases to remain accretive.
For now, MicroStrategy’s Bitcoin accumulation has returned after a long pause. Whether this becomes another buying streak or merely a one-off re-entry is still uncertain, at this time.

The Cronos Network resumed producing blocks Sunday at 23:49 UTC, starting from block 90,896,189, after validators halted the chain earlier in the day to stop an active exploit on lending protocol Tectonic from causing further damage.
What Happened
Cronos said the shutdown was a validator-consensus emergency action taken to protect users once the Tectonic exploit was detected. The team restored the chain’s state to the point before the attack occurred, then resumed normal block production once the fix was in place.
According to security firm PeckShield, the attacker drained roughly $74 million from Tectonic but managed to bridge only about $6 million to Ethereum before the chain was paused, leaving an estimated $60 million stuck and unrecoverable by the attacker.
Cronos Network is back online and producing blocks.
We’re currently bringing the Cronos app back up for our beta testers and will keep you posted as all features resume.
Your funds are safe. https://t.co/JPK9NyRoF4
— Cronos (@CronosApp) August 31, 2026
Crypto.com co-founder Kris said in an earlier post that the Cronos team was investigating the breach with help from Crypto.com’s security team, and confirmed the Crypto.com app and exchange were unaffected and continued operating normally throughout the incident, with all user funds on the platform safe.
What’s Next for Node Operators and Users
Node operators can now restart their systems on Cronos v1.7.8 using the latest mainnet snapshot, released at 09:52 UTC on August 31. Cronos said the network remains under close observation while stability is confirmed, and warned that some protocols, RPC providers, block explorers and bridges will take longer to come back online as they complete their own checks.
In a separate update, Cronos confirmed its beta app is being brought back online for testers, with more features to follow, and reiterated that user funds remain safe. The team said a full postmortem on the exploit will be released soon.
Halting an entire blockchain network is an extreme step, typically reserved for situations where a live exploit threatens to drain significantly more funds if left unchecked. The fact that only $6 million of the $74 million stolen actually left the ecosystem suggests the emergency pause worked as intended, even as questions remain about how the Tectonic protocol was breached in the first place.

UNI price has rallied 122% from $2.48 to around $5.14, yet Binance whale flows suggest large holders are still accumulating rather than exiting into strength. The latest data shows roughly 5,300 UNI leaving Binance on average each day, reinforcing the supply-side bullish narrative. Meanwhile, UNI has broken above a prolonged descending channel and reclaimed the $4.50-$4.80 resistance zone. With the breakout now facing its key confirmation test, $7.80 has emerged as the next major upside level to watch.
Binance Whale Outflows Keep the Supply Picture Tight
The Binance data shows that large-holder activity accelerated well before UNI reached its current price range. The 30-day average of the top 10 daily UNI outflows climbed to approximately 7,400 UNI on May 29. Whale activity intensified again on June 18, when the top 10 outflows exceeded 15,000 UNI in a single day. The average has since eased to around 5,300 UNI, but the reading remains substantial following UNI’s 122% price rally.
Exchange outflows should not automatically be classified as accumulation because tokens can be transferred for several reasons, including custody changes or movement between trading venues. However, persistent withdrawals from large holders while price trends higher are relevant to the supply-demand equation.
UNI Price Analysis: Can Uniswap Break $6 Next?
UNI’s daily chart has delivered a second major signal: a breakout from a prolonged descending channel. The channel had defined the broader bearish structure through a series of lower highs. UNI eventually based around $3.00-$3.40, then reclaimed $4 and pushed through the $4.50-$4.80 resistance band. With UNI now around $5.14, that former resistance has become the level bulls need to defend.
A successful retest of $4.50-$4.80 would confirm the breakout and preserve the higher-low structure. From there, $5.50-$6.00 becomes the next supply zone. A sustained break above $6 would significantly improve the technical case for a move toward $7.80, the next major higher-timeframe resistance highlighted by the chart. The invalidation level is equally important. A daily close back below $4.50 would put the descending-channel breakout at risk. A deeper loss of $4 would expose the $3.40 area and signal that the recent recovery has failed to establish a durable higher range.
Bottom Line
UNI’s 122% recovery has moved the token into a new technical range, with whale outflows providing a supportive supply-side signal. The immediate level is $4.50-$4.80; holding it keeps $5.50-$6.00 in play, while a decisive break above $6 would strengthen the path toward $7.80. A sustained move below $4.50 would weaken the breakout and expose lower support.

Solana’s price is showing signs of a potential trend reversal after recovering sharply from its June lows, near $60.66. It has climbed back above $100 and is now testing a crucial resistance, with the next major target close to $115. The recent breakout has also pushed the momentum higher, but the rally now faces a key test: can the SOL price hold above $100 and break through the $115 resistance zone?
Besides, the institutional demand, strong network activity and upcoming Solana upgrades add to the prevailing bullish backdrop. The next few sessions could determine whether this is the beginning of a recovery or another rejection incoming.
Solana Price Reclaims $100, But $115 is the Real Test
Solana’s price is displaying a significant shift in its structure, but the rally is now approaching a critical resistance. After rebounding sharply from the June low close to $60, the price has climbed above its key MA levels. Currently, the price is chopping around a pivotal resistance zone, while the MACD is signaling caution.
The MACD shows a drop in the buying pressure, with bullish momentum losing strength and a potential bearish crossover developing. Interestingly, this comes as the 50-day and 200-day MA move toward a potential golden cross. This creates a divergence: MACD points to the rally losing momentum, while the MAs suggest the underlying trend may turn bullish. Therefore, even if MACD undergoes a bearish crossover, if price continues to hold $100, the ‘golden cross’ may absorb selling volume, paving the way for an extended ascending trend.
Meanwhile, the price, which is sitting around the 0.5 FIB level at $104.50, may face another rejection to $100 or below. For now, SOL’s price action suggests that the key question is not whether momentum has slowed, but whether buyers can absorb the selling pressure without surrendering the recent breakout.

A prominent crypto analyst says the market has entered a distinct altcoin super cycle, backed by a nine-year technical breakout most traders have missed, and he’s naming the specific coins he’s personally holding through it.
Ran Neuer said the current cycle is being driven by altcoin excitement rather than Bitcoin strength, pointing to the ETH/BTC ratio chart as his evidence. He traced the pattern back to Ethereum’s earliest use case, moving digital value through smart contracts without human intervention, which triggered the 2017 ICO boom before entering a prolonged downtrend as the technology proved too slow to deliver on its promises.
“After a 9-year downtrend on the weekly, this is now breaking out,” Neuer said, arguing the move confirms a structural rotation into altcoins rather than a short-lived bounce.
Top Coin #1: Solana
Neuer named Solana as one of two winners of what he calls the finished “L1 war.” He holds it directly, calling it “the second winner” in his broader thesis, and argues Solana has effectively captured crypto-native onboarding as a category.
Top Coin #2: Ethereum
Alongside Solana, Neuer named Ethereum as the other L1 winner, crediting its integration with Base and Robinhood for capturing real-world asset onboarding, a different channel than Solana’s crypto-native user base. Together, he argues, the two networks have absorbed the majority of long-term L1 value, leaving him uninterested in any other Layer 1 token.
“I wouldn’t really invest in any other L1s because I just don’t think there’s any upside in the L1s,” Neuer said.
Top Coin #3: Hyperliquid
Neuer called Hyperliquid the strongest use case currently active in crypto and said he holds it directly, citing its tokenomics and function as an exchange. He confirmed he would buy it even at its current all-time high, arguing the market is mispricing the token by relying on fully diluted valuation (FDV) rather than accounting for staking-driven scarcity.
“Crypto is a function of scarcity times pressure,” Neuer said. “The buying pressure plus the staking pressure plus the actual buying pressure divided by the number of tokens in circulation creates insane pressure on the way up.”
Top Coin #4: Zcash
Neuer’s boldest individual call centers on Zcash, a privacy-focused cryptocurrency that recently gained ETF backing. He argued Zcash could become a dominant form of “private money” and laid out a specific scaling scenario tied to Bitcoin’s market cap.
“I think the upside on Zcash from here is 10x, maybe 100x,” Neuer said.
Still Holding Bitcoin, Just Not Betting on It Alone
Neuer said his altcoin conviction doesn’t come at Bitcoin’s expense. He remains bullish on Bitcoin specifically due to ongoing currency debasement concerns, but frames it as one part of a broader portfolio rather than the primary growth trade this cycle.
What Comes Next in Neuer’s Thesis
Beyond his four named holdings, Neuer argues the market’s focus is shifting from blockchain infrastructure competition to application-layer projects that behave like businesses; specifically, assets with genuine user growth, sustainable revenue, and a mechanism for passing that revenue to token holders.

MNT price has broken above a months-long descending channel, putting Mantle back on traders’ radar as on-chain adoption and capital deployment accelerate. MNT is trading around $0.57, up more than 4% on the day, after reclaiming the $0.50 region and pushing through the channel resistance. Meanwhile, Mantle’s August metrics show 7.7 million unique Mainnet addresses, more than $800 million in assets secured across native network vaults, and $116.4 million in tokenized active strategies, strengthening the fundamental backdrop behind the technical breakout.
Mantle Adoption Accelerates as On-Chain Metrics Rise
Mantle channel breakout comes as Mantle reports stronger network activity. Data highlighted in the latest market discussion shows total unique addresses on Mantle Mainnet reaching 7.7 million in August 2026. At the same time, total assets secured across native network vaults climbed above $800 million, representing an increase of more than 54% year-to-date.
🔥 The on-chain metrics for $MNT are absolutely exploding! Layer 2 dominance is shifting! 🚀📈
Mantle Network is showcasing massive organic growth, positioning itself as the premier destination for DeFi and Real-World Assets (RWA)! 💼🌐
Key August 2026 milestones driving the…
— Lucky (@Lucky_m_X) August 31, 2026
Mantle’s real-world asset segment is also becoming a notable part of the network’s activity. The data puts tokenized active strategies at more than $116.4 million, positioning RWA-related capital as an important component of the ecosystem. For MNT, these metrics provide fundamental context to the price recovery: the breakout is occurring alongside measurable growth in network participation and capital deployed across Mantle-based products.
Whale Activity Adds Another Layer to MNT Momentum
Wallet activity is also drawing attention. Recent on-chain tracking identified a whale wallet purchasing approximately 1 million MNT for $518,330, alongside 100,000 LINK for $1.16 million within the same period. The wallet had previously been tracked executing a similar strategy in Ethereum, reportedly accumulating 900 ETH between $1,844 and $2,511, representing roughly a 36% move across the cited range. It also moved approximately $3.7 million in USDC, with holdings later reported around $8.8 million.
While individual wallet activity does not guarantee MNT appreciation, the transaction adds a capital-flow signal to the broader setup and reinforces the need to watch whether large holders continue positioning as MNT trades above its breakout zone.
MNT Price Analysis: Can Mantle Price Reach $0.90?
MNT’s daily chart is showing a structural breakout rather than a routine relief bounce. After months of trading inside a descending channel, the token has pushed above the channel’s upper trendline and reclaimed the $0.50–$0.51 breakout zone. The move has also been supported by a pickup in volume, strengthening the breakout signal. With MNT now around $0.57, the next technical hurdle is $0.60; a sustained close above this level would expose $0.70 as the next upside checkpoint. Above that, the broader resistance near $0.88–$0.95 becomes the key medium-term target zone.
On the downside, $0.50–$0.51 has now shifted from resistance toward crucial support. A decisive daily close back below this area would undermine the breakout thesis and risk sending MNT back toward the $0.47–$0.43 region.
Final Take
MNT’s breakout above the descending channel puts the $0.60 level in immediate focus. A daily close above $0.60 would strengthen the reversal structure and could extend the move toward $0.70, followed by the major $0.88–$0.95 resistance zone. However, the breakout needs to hold above $0.50–$0.51 to remain technically valid. A sustained move below this support would weaken bullish momentum and bring $0.47–$0.43 back into focus.

XRP price is trading around $1.39, while wallet distribution data shows a wide gap between the amount of XRP held by smaller investors and the largest wallets.
According to XRPscan data, an address needs roughly 3.65 million to 3.71 million XRP to rank among the top 0.01% of XRP holders. At the current price, that represents approximately $5.3 million.
The threshold for the top 0.1% is about 277,000 XRP, worth roughly $400,000. The top 0.5% requires around 80,000 XRP, while approximately 44,000 XRP is enough to rank in the top 1%.
For lower tiers, the top 5% threshold at about 7,500 XRP and the top 25% threshold at roughly 100 XRP.
Ripple and Exchanges Hold Large XRP Balances
Ripple remains the largest holder in the wallet distribution data. The company controls 26 accounts containing approximately 38.6% of XRP’s circulating supply, with most of those holdings placed in escrow.
The data also identifies major exchanges and large holders among the largest XRP wallets. Upbit accounts for about 6.4% of XRP, while Binance holds approximately 2.6%.
Ripple co-founder Chris Larsen holds around 2.53%. Bithumb accounts for approximately 1.8%, although one of the listed large wallets is unidentified, while Uphold holds roughly 1.63%.
Exchange balances do not necessarily represent the exchanges’ own investments because they can include XRP held on behalf of customers.
What Would XRP Holdings Be Worth at Higher Prices?
A move toward $3.50 would significantly increase the value of large XRP holdings.
An investor holding 2,000 XRP would have approximately $7,000 worth of XRP at $3.50. A 7,500-XRP balance would be worth about $26,250, while 44,000 XRP would be worth approximately $154,000.
A holder with 277,000 XRP would have roughly $969,500 at the same price, while 1 million XRP would be worth approximately $3.5 million.
At a $5 XRP price, a holder with 1 million XRP would have $5 million worth of the asset, while 10 million XRP would be worth $50 million.
These figures represent hypothetical values and do not predict where XRP will trade.
XRP Rich List Highlights Concentrated Ownership
The wallet distribution shows that a relatively small number of addresses control substantial amounts of XRP.
However, the largest wallets include Ripple escrow accounts and exchange wallets, meaning the distribution should not be interpreted as a direct measure of individual investor ownership.
The data also shows that holding approximately 7,500 XRP would place an address near the top 5% of wallets, while about 44,000 XRP would put it near the top 1%.
Also Read : Ripple (XRP) Price Prediction 2026, 2027-2030: Will XRP Reach $5?
XRP Price Prediction : Key Levels To Watch
The $2 level would represent the first major target in the base-case scenario. A move toward $2.80 would bring XRP closer to its previous highs, while a rally to $3.50 would represent a stronger bullish outcome.
The bearish case places XRP around $1.20 if the market remains under pressure and major catalysts fail to materialize.
The base case is approximately $2, while the mid-range scenario is around $2.80. A bullish scenario places XRP near $3.50, which would bring the token close to previous all-time-high territory.
Potential catalysts mentioned include passage of the Clarity Act, continued strength across the broader cryptocurrency market and improving liquidity conditions.

Galaxy Digital Inc. (NASDAQ: GLXY) is back at a valuation level that could define its next major move. After sliding nearly 50% from its $45.92 52-week high level to current price around $23, GLXY is facing a pivotal test: whether the current correction marks a deeper reset or the accumulation phase before another crypto-driven expansion cycle. With institutional digital-asset adoption accelerating and Galaxy expanding across trading, asset management and blockchain infrastructure, the long-term setup is becoming increasingly compelling. Can GLXY stock price reclaim its previous highs, and potentially go much further by 2030? Here’s our GLXY stock price prediction for 2026–2040.
GLXY Stock Price Today
Metric ValueGLXY Current Price$23.21Market Cap9.07 Billion24H Change-8.26%52-Week High$45.9252- Week Low$16.43Volume4.83 MillionShares Outstanding185.96 MillionIndustryCapital MarketsExchangeNASDAQSentimentBullish Long-Term
Galaxy Digital Inc. Metrics (GLXY)
Galaxy Digital is evolving from a crypto-focused financial platform into a broader digital-asset and financial infrastructure company. Its business spans institutional trading, asset management, investment banking, digital-asset infrastructure and data-center operations, giving GLXY multiple avenues for long-term growth as institutional participation in digital assets expands.
MetricValueFounded2018FounderMichael NovogratzIndustryFinancial ServicesCore BusinessDigital Assets, Asset ManagementKey Growth DriverInstitutional Crypto Adoption & Digital-Asset InfrastructureStrategic FocusCrypto Financial Services, AMC & Data CentersHeadquartersNew York, U.S.
CoinPedia’s GLXY Price Prediction for 2026
Fundamental Analysis
Galaxy Digital is evolving beyond a traditional crypto trading platform into a broader digital-asset and financial infrastructure business, giving GLXY a more diversified long-term growth profile. Its operations across institutional trading, investment banking, asset management, digital-asset infrastructure and data centers position the company to capture value from both rising institutional crypto adoption and the growing demand for high-performance computing.
The key investment thesis is operating leverage and earnings diversification. As institutional participation in digital assets expands, higher trading activity, asset-management growth and deeper financial-services relationships could strengthen Galaxy’s revenue base.
At the same time, its data-center infrastructure adds a potentially more recurring revenue stream, reducing the company’s dependence on short-term crypto-market cycles. If these growth engines accelerate together, GLXY could enter a multi-year expansion cycle, making the current valuation reset an important level to watch.
Technical Analysis:
GLXY stock is attempting to stabilize after a prolonged correction, with the daily chart showing a clear base-building structure near the $18–$19 demand zone. After repeatedly defending this area, the stock has rebounded toward the $25 region, suggesting that buyers are gradually regaining control. However, GLXY remains below the key moving-average cluster around $24.70–$25.00, making this zone the immediate test for a sustained trend reversal.
The $25–$26 area is the first critical resistance. A decisive daily close above this zone could strengthen the recovery setup and open the path toward the $30–$32 region, followed by the major $36–$37 supply zone. A breakout above $37 would significantly improve the broader structure and could bring the previous $45–$47 resistance zone back into focus. On the downside, $22–$23 is the immediate support, while $18–$19 remains the key structural demand zone. A breakdown below $18 would weaken the bullish base and invalidate the current recovery thesis. Conversely, sustained buying above $25 could confirm that GLXY is transitioning from accumulation into a broader recovery phase.
Coinpedia expects GLXY stock to trade between $30 and $40 in 2026, with an average target near $35. A sustained breakout above $25–$26 could strengthen the recovery and open the path toward $36–$37, while improving crypto-market conditions and Galaxy’s expanding infrastructure business could support further upside.
Galaxy Digital Inc. (GLXY) Monthly Price Prediction 2026
MonthMin PriceAvg PriceMax PriceSeptember$22$27$32October$25$29$35November$28$35$39December$31$35$40
GLXY Price Prediction 2027-2030
YearMin. PriceAverage PriceMax Price2027$30$43$582028$40$58$702029$55$70$822030$60$80$100
Long-Term GLXY Price Prediction
YearMin. PriceAverage PriceMax Price2035$100$145$2002040$210$320$500
Expert & Analyst Predictions
Analyst/ FirmRatingPrice TargetOutlookGoldman SachsHold$23.50NeutralMorgan StanleyBuy$37BullishCitiHold$26NeutralBTIGBuy$45BullishH.C. WainwrightBuy$40Bullish
What Does GLXY Stock Price Depend On?
Galaxy Digital’s long-term valuation is increasingly driven by more than crypto-market cycles. The investment thesis now spans digital-asset trading and investment banking, asset management, Bitcoin exposure, and AI/data-center infrastructure, making revenue diversification and execution key to GLXY stock’s future performance. As Galaxy scales its institutional platform and develops Helios, the stock’s upside will depend on whether these businesses can translate growing digital-asset activity and infrastructure demand into sustainable earnings and cash flow.
Crypto Market & Trading Activity: Bitcoin prices, crypto liquidity, institutional trading volumes and market volatility remain major drivers of Galaxy’s transaction-based revenue and earnings.
Asset Management Growth: Rising assets under management, stronger institutional inflows and expansion of Galaxy’s investment products can provide a more recurring earnings base.
AI & Data-Center Infrastructure: Helios represents a major diversification opportunity. Demand for high-power AI infrastructure, data-center capacity and successful execution of its infrastructure strategy could materially influence GLXY’s long-term valuation.
Institutional Digital-Asset Adoption: Greater participation from banks, asset managers, corporations and other institutions can expand Galaxy’s trading, investment banking and asset-management opportunity.
Bitcoin & Digital-Asset Holdings: Changes in the value of Galaxy’s digital-asset portfolio can directly affect reported financial results and investor sentiment.
Regulation & Market Structure: U.S. crypto regulation, institutional access, market infrastructure and broader acceptance of digital assets could significantly shape Galaxy’s addressable market.
Execution & Capital Allocation: The ability to scale higher-margin businesses, manage crypto-market volatility and deploy capital efficiently will be critical to converting Galaxy’s expanding platform into sustained earnings growth.
How CoinPedia Generated GLXY Stock Price Predictions
CoinPedia’s GLXY stock price prediction combines fundamental valuation, business growth prospects, technical market structure, and broader digital-asset market dynamics rather than relying solely on historical price movements. The framework assesses Galaxy Digital’s exposure to crypto trading, asset management, investment banking, Bitcoin-related activity, and AI infrastructure to determine how these growth engines could influence its long-term valuation across different investment horizons.
Business Execution & Revenue Drivers
Our analysis focuses on the factors most closely tied to Galaxy Digital’s future earnings potential, including crypto trading activity, asset-management growth, institutional demand, investment banking revenue, and the expansion of AI infrastructure. The ability to diversify revenue beyond crypto-market cycles and scale higher-margin businesses is central to the long-term GLXY investment thesis.
Competitive Position & Industry Leadership
GLXY’s valuation is assessed against its position within the evolving digital-asset financial services and blockchain infrastructure industry. We consider Galaxy’s institutional relationships, trading and investment capabilities, asset-management platform, digital-asset expertise, and expanding presence in AI and data-center infrastructure to evaluate its potential to capture a larger share of emerging growth markets.
Technical Market Structure
CoinPedia evaluates GLXY’s long-term trend, support and resistance zones, trading volume, momentum, market cycles, and historical price behavior to identify potential accumulation zones, breakout levels, and future price targets. This technical framework is combined with fundamental catalysts to establish a balanced outlook across short-, medium-, and long-term horizons.
Macroeconomic & Market Environment
The forecast also accounts for Bitcoin and crypto-market cycles, institutional capital flows, interest rates, liquidity conditions, regulatory developments, and broader risk appetite. These factors can materially influence GLXY’s valuation multiple and investor sentiment, particularly during major shifts in the digital-asset market.
Conclusion
Galaxy Digital is entering a potentially important phase as its business expands beyond traditional crypto trading into asset management, institutional digital-asset services and AI infrastructure. While GLXY stock remains highly sensitive to Bitcoin and broader crypto-market cycles, increasing revenue diversification could strengthen its long-term earnings profile. For 2026, the key technical hurdle remains the $35–$37 resistance zone, while a sustained move above it could open the path toward the $45–$47 area. If Galaxy executes on its growth strategy, the stock could remain positioned for a stronger multi-year recovery.
Frequently Asked Questions (FAQs)
1. Is GLXY stock a good investment?
GLXY offers high-growth exposure to crypto financial services and emerging AI infrastructure, but its valuation remains sensitive to crypto-market volatility and execution risk.
2. What is CoinPedia’s GLXY stock price prediction for 2026?
CoinPedia expects GLXY to remain on a recovery path in 2026, with the $35–$37 zone acting as a key breakout area and $45–$47 as a potential upside target if bullish momentum strengthens.
3. Can GLXY stock reach $50?
Yes, but GLXY would need to decisively clear the $45–$47 resistance zone, supported by stronger crypto-market conditions, institutional demand and continued business growth.
4. What could drive GLXY stock higher?
Higher Bitcoin prices, stronger crypto trading volumes, institutional adoption, asset-management growth and successful expansion of Galaxy’s AI infrastructure business could support further upside.
5. What are the biggest risks for GLXY stock?
A prolonged crypto-market downturn, weaker trading activity, regulatory uncertainty, valuation compression or slower-than-expected execution across Galaxy’s growth businesses could pressure GLXY.

Bitcoin, the pioneer cryptocurrency, is now trading around $78,320 after a modest pullback, but it is still up about 2% over the past week. While BTC is ending August with a strong 24% gain, raising the question of whether the rally will continue into September, a month that has historically seen an average 3% decline.
Here’s what the historical data suggests.
Bitcoin Ends August With 24% Gain
Since the start of August, Bitcoin has jumped 26%, rising from around $60,000 to a high of $81,455. The strong move also helped Bitcoin break its long-running pattern of weak August performance.
One of the key reasons behind Bitcoin’s jump came after the U.S. Treasury doubled its long-term bond buybacks from $2 billion to at least $4 billion per operation.
At the same time, institutional demand for Bitcoin picked up, with U.S. spot Bitcoin ETFs reportedly attracting more than $3 billion in August, including about $924 million in the final week.
Despite Bitcoin’s strong August, the market is now entering a historically weaker period. September has been Bitcoin’s worst performing month on average, with the cryptocurrency posting an average return of around -3%.
Strong July and August Could Set Up a Weak September
The CoinGlass data shows an interesting pattern heading into September. In several years, Bitcoin posted strong gains in both July and August, only to see a correction in September.
For example, Bitcoin gained 9.60% in July and 30.42% in August 2013, before falling 1.76% in September. The same pattern appeared in 2017, when BTC jumped 17.92% in July and 65.32% in August, followed by a 7.44% drop in September.
Bitcoin also saw a similar setup in 2020 and 2021. In 2020, BTC rose 24.03% in July and 2.83% in August before losing 7.51% in September. In 2021, it gained 18.19% and 13.80% in July and August, then fell 7.03% in September.
Now, 2026 is showing a similar pattern. Bitcoin gained 7.36% in July before surging 24.19% in August. While this does not mean September will definitely fall, history gives traders a reason to watch for a pullback.
Still, a September dip may not end the larger rally. October has delivered an average return of 19.92%, while November has averaged 41.12%.
Bitcoin Price Outlook: Key Levels to Watch
Crypto analyst Crypto Rover noted that Bitcoin has formed a bullish cross between its 50-day and 100-day moving averages. A similar signal appeared in January 2023, after which Bitcoin eventually gained 546%.
Bitcoin just printed a bullish cross on the daily 50/100 MA.
When this happened in January 2023, Bitcoin did +546%.
But first it dropped -17%.
Don't get shaken out. pic.twitter.com/h9XLW3KRWi
— Crypto Rover (@cryptorover) August 31, 2026
However, BTC first dropped 17%, raising the question of whether a similar pullback could happen in September.
That does not mean Bitcoin will repeat the same 17% drop, but traders are watching the setup closely.
Meanwhile, crypto trader Ted Pillows said Bitcoin could target $88,000-$90,000 if it reclaims the 50-week moving average.
However, the $75,568 support level remains important. If BTC breaks below the 50-week EMA, Pillows expects the price could fall toward $74,000.

Zach Pandl, Head of Research at Grayscale Investments, said he expects the CLARITY Act to act as a positive catalyst for crypto if it passes a scheduled Senate vote on September 15, but argued the rally could favor smart contract platforms over Bitcoin itself.
“I absolutely think that the Clarity Act will be a positive catalyst if it passes,” Pandl said. “It will be most positive the more bipartisanship that we see around it.”
Why Pandl Wants Crypto Treated as “a Normal Industry”
Pandl said the broader goal behind the legislation is clear, normalizing how crypto is regulated relative to other established industries.
“We want to see crypto just be treated as a normal industry,” he said. “This is just a technology that provides value to people all around the world. Essentially, every country in the world has people using crypto, blockchain, stablecoins, Bitcoin in some shape or form. It should be treated as a serious industry providing a lot of value, and I would love to see a strongly bipartisan vote.”
The Twist: Bitcoin May See Smaller Gains Than Altcoins
Pandl’s most interesting point centered on which assets stand to gain the most. He argued Bitcoin already carries the clearest regulatory status in the industry, which could limit how much additional upside the CLARITY Act delivers to it specifically.
“Paradoxically, Bitcoin, even though it’s the biggest asset, may benefit less than almost everything else,” Pandl said. “Bitcoin is the asset in our industry that has the most clarity around it in a sense. It’s very clear that it’s treated as a digital commodity. It also has a relatively more limited use case as a scarce, commodity, digital gold-like asset.”
He pointed instead to smart contract platforms and application-layer projects as better positioned to benefit from new regulatory clarity.
“Ethereum, Solana, Avalanche, Sui, the smart contract platform blockchains, Chainlink, that powers all of this technology, the application layers, Uniswap, I think those types of things stand to benefit even more from Clarity passing,” Pandl said. “I actually think it will be more the smart contract and application layer than Bitcoin in this particular case, although Bitcoin, of course, has other things going for it.”
Grayscale Sees Parallels to the 2022-2023 Market Bottom
Beyond the CLARITY Act, Pandl said current market conditions remind him of the period following crypto’s last major bottom.
“There’s, in my view, a lot of parallels to the late 2022, early 2023 period, where a lot of attention had left the market, but the fundamental drivers of the asset class had not changed,” Pandl said. “It just took some particular events to wake the market back up and renew the process of capital coming into the asset class.”
He said sentiment inside Grayscale currently reflects that same setup. “Look, it feels very good at Grayscale at the moment from that vantage point. We sit really at that intersection of digital assets and the capital from traditional finance. I could tell you the vibes are very positive here at the moment.”
On regulation, he said progress is likely even if the legislative path stalls. Even without the Clarity Act, some improvement is expected, either through agency rulemaking or the legislation itself, and he said he’s encouraged that regulatory clarity will still move forward.

More Markets, a lending protocol developed by More Labs on the Flow EVM network, has suffered an exploit that drained 15.5 million WFLOW from its lending reserves. Blockaid identified 15.5 million WFLOW leaving the reserve, with the tokens valued at around $9.3 million.
However, More Markets has not confirmed the amount lost, they say the investigation is ongoing.
How the More Markets Exploit Happened
According to Web3 security firm Blockaid, the attacker exploited the protocol’s handling of liquid staking tokens (LSTs) through its E-Mode system.
🚨 Blockaid detected an exploit on More Markets (More Labs) on Flow EVM. Attacker used Ankr bonded LST + E-mode to drain the WFLOW lending reserve. 15.5M WFLOW emptied from mFlowWFLOW (~$9.3M detector impact). Attack tx cluster includes post-exploit exfil.
More details in🧵
— Blockaid (@blockaid_) August 31, 2026
E-Mode allows users to borrow more against assets considered closely related in value. The attacker reportedly combined an Ankr bonded LST with E-Mode and exploited how More Markets calculated borrowing limits.
This allowed the attacker to take out loans against manipulated collateral and repeatedly withdraw WFLOW from the protocol’s mFlowWFLOW reserve.
Blockaid identified 15.5 million WFLOW leaving the lending reserve during the attack.
$9.3M Drained as Funds Move From Flow EVM
Based on WFLOW’s market price, Blockaid estimated the financial impact at around $9.3 million.
On-chain activity also showed that the attacker began moving the stolen assets shortly after the exploit. Some funds were transferred toward external wallets and bridged away from the Flow EVM ecosystem.
More Markets Says It Is Investigating The Exploit
As of now, there is no confirmed recovery plan or recovered amount from More Markets.
The team said,
“Our team is currently investigating a claim that MORE Markets was exploited. We will share our findings shortly.”
Until the investigation is complete, the exact damage and whether any funds can be recovered remain unclear.
FLOW and WFLOW Prices Drop 9%
The security incident quickly affected Flow ecosystem tokens. Wrapped Flow (WFLOW) dropped around 9% within an hour, while FLOW fell about 8.7% to $0.0262.
The decline came as traders reacted to the exploit rather than a broad crypto market sell-off.