XRP Ledger Weekly Data Report — Week of August 17–23, 2026
How to read this report
Every metric below carries its source and its snapshot date, and we do not publish figures we cannot trace to a public source. This edition was revised on September 14, 2026 under our fully sourced data policy. Two methodological notes shape it: the rally's most important derivatives datapoint (open interest) is available only as an August 17–31 block figure, and we present it that way rather than interpolating a weekly number; and the ledger's slow-moving supply metrics carry their last community-verified snapshot (July 26) honestly dated.
1. Market metrics
| # | Metric | Value | Context / change | Source, date |
|---|---|---|---|---|
| 1 | XRP price | $1.00 → $1.70 → ~$1.50 | ~70% rally in under 72 hours from the $1.00 support zone; $1.70 high Saturday morning Aug 22; rejected to $1.42 within hours; ~$1.50 at week's reporting — strongest move of 2026 | CriptoFacil market desk, Aug 22–24 |
| 2 | Market capitalization | ~$94B at ~$1.50 (calculated) | $1.70 high ≈ $107B (calculated: price × ~62.9B circulating, market-data basis) | Calculated from CriptoFacil price × CoinGecko supply |
| 3 | Distance from all-time high | −53.4% (calculated) | From the $3.65 ATH (CoinGecko, Jul 2025) at the $1.70 high; −48.5% from the Jan 2025 peak near $3.30 (edgeX reference) | Calculated; ATH per CoinGecko |
| 4 | August monthly range | $0.9874 – $1.70 | A 72% span inside one month; June–July drawdown fully retraced in five sessions | CriptoFacil, edgeX (low), Aug 22–24 |
| 5 | Monthly pace | On track for 2026's strongest month | Confirmed at +28% by month-end compilations | SoSoValue / Yellow.com, Aug 31 |
The tape story of the week is the reversal's composition: violent, spot-led, and supply-gapped. The $1.70 high met the $1.65–$1.70 resistance zone that has stopped multiple rallies in recent months, and the rejection was equally fast — $1.42 within hours, stabilizing near $1.50. A market that retraces its whole quarterly drawdown in five sessions is repricing supply, not announcing a new regime; the levels ledger below keeps score.
2. Supply & escrow
| # | Metric | Value | Context / change | Source, date |
|---|---|---|---|---|
| 6 | Circulating supply (market-data basis) | ~62.9B XRP | Nearest sourced reading; no independent weekly snapshot this week | CoinGecko basis, Aug |
| 7 | Circulating supply (ledger basis) | 67.53B XRP | Raw activated supply; see the Aug 10–16 edition's methodology note | XRPScan, Jul 26 |
| 8 | XRP in escrow | 32.445B XRP | ~1B unlocks monthly, typically 60–80% re-escrowed (~300M net/month) | XRPScan (community-verified), Jul 26 |
| 9 | Total XRP burned (all-time) | 14.37M XRP | Permanent removal via fees | XRPScan (community-verified), Jul 26 |
| 10 | Activated accounts | 8.02M | Ledger-wide cumulative activations | XRPScan, Jul 26 |
| 11 | ETF cumulative net inflows | $1.55B — all-time record | Crossed Friday Aug 21 on the complex's best day since May 14 (+$18.38M) | SoSoValue via CriptoFacil, Aug 22 |
Why two circulating-supply numbers: market-data aggregators apply Ripple's distribution-API methodology to the ledger's raw activated supply; market caps are computed against the estimate. Both are real; they measure different things, and we label both.
3. Network activity
| # | Metric | Value | Context / change | Source, date |
|---|---|---|---|---|
| 12 | Avg daily active addresses (August to date) | ~35,700 | vs ~26,400 in July — +33%; held through both the drawdown and the spike | Santiment via edgeX, Aug 13 |
| 13 | Busiest day in six months | Aug 11 | The usage peak printed at the price bottom — the decoupling signature | Santiment via edgeX, Aug 13 |
| 14 | Millionaire wallets (≥1M XRP) | +32 in ~3 months | Added during a 29% decline; composition caveat: one owner, many wallets | Santiment via edgeX, Aug 12–13 |
| 15 | New address creation | Flat | Activity growth from existing holders, not new entrants | Santiment via Summa Money, Sep (August reading) |
| 16 | Settlement finality | 3–5 seconds | Protocol design constant | XRPL protocol specification |
Item 13 is the block's quiet headline: the network's busiest day in half a year printed three days before the price bottomed. Utility data leading price — rather than chasing it — is the pattern that made the subsequent 72-hour move absorbable rather than air-pocketed.
4. RLUSD stablecoin
| # | Metric | Value | Context / change | Source, date |
|---|---|---|---|---|
| 17 | RLUSD circulating supply | $1.866B | Approaching the $2B line (crossed within days — Ripple confirmed $2B+ on Aug 25) | Ripple transparency page, Aug 20 attestation |
| 18 | Reserves vs circulation | $1.981B vs $1.866B | Surplus buffer; monthly Deloitte attestation under NYDFS oversight | Ripple transparency via FinanceFeeds / Printhereum, Aug 20 |
| 19 | Cumulative trading volume | >$9B since Dec 2024 launch | Volume-to-supply ratio marks settlement activity, not static inventory | crypto.news via CoinMarketCap, Sep retrospective |
| 20 | Permission delegation | In testing | Separates minting/compliance/security roles from issuer primary keys | Crypto Times, Aug 22 |
The block's read: RLUSD spent the wildest price week of the year being boring — peg intact, reserves over-collateralized, issuance on its institutional calendar. The $2B crossing that followed within days was the calendar meeting the milestone; the attestation's $115M surplus is the part that actually protects holders.
5. ETF flows & derivatives
| # | Metric | Value | Context / change | Source, date |
|---|---|---|---|---|
| 21a | ETF daily inflows (Tue–Fri) | +$5.81M / +$2.35M / +$13.24M / +$18.38M | Tue Aug 18 was the month's largest day to that point; Friday was the complex's best day since May 14 | SoSoValue via CriptoFacil, Aug 22 |
| 21b | ETF weekly net inflows | +$31.78M | Week ending Aug 21 — best weekly total since May; the following week would triple it | SoSoValue via Summa Money / Finobird, Sep |
| 22a | Futures open interest | −15.5% (Aug 17–31 block) | Price +70% while OI fell: short covering and spot-led buying, not fresh leverage. Weekly interpolation not published — block figure only | CoinGlass via CoinDesk, Sep 8 |
| 22b | Issuer standings (cumulative) | Bitwise $542.69M · Canary $468.12M · Franklin $434.16M | Fee-sensitive distribution visible in the re-engagement | SoSoValue via CriptoFacil, Aug 22 |
Omitted this week: a spot open-interest reading and funding rate had no verifiable weekly print in the sources above; the block OI figure (22a) is the honest resolution. Context from later coverage: funding had turned positive by Aug 28 and stayed near +0.01%/8h — consistent with the unleveraged character of this rally.
Sentiment & the week ahead
The macro backdrop turned supportive mid-week — Treasury signaling a policy shift, the White House crypto summit on Wednesday — though same-day ETF flows (+$2.35M) showed XRP capturing little of the immediate headline bid. The calendar ahead: the first retest of $1.65–$1.70 with real flow behind it, RLUSD's $2B crossing, and the CLARITY vote-counting phase with the Senate's September 15 cloture date firmed. The structural question the data poses: a rally with no leverage underneath has no liquidation fuel — its continuation depends entirely on the flow curve and the spot accumulator. Both were still accelerating at week's end.
Sources & further reading
- Price action, 72h move, rejection, resistance zone — CriptoFacil, Aug 22–24
- ETF daily/weekly flows, cumulative record, issuer standings — SoSoValue via CriptoFacil (Aug 22), Summa Money, Finobird
- Open interest −15.5% — CoinGlass via CoinDesk, Sep 8
- RLUSD supply, reserves, attestation — Ripple transparency page via FinanceFeeds / Printhereum, Aug 20
- Permission delegation — Crypto Times, Aug 22
- Network activity — Santiment via edgeX, Aug 12–13
- Escrow, ledger supply, burn, accounts — XRPScan snapshot, Jul 26
- CLARITY schedule — Senate filings via CoinGabbar
FAQ
Why is open interest shown as a two-week block figure?
Because the verifiable reading (CoinGlass data via CoinDesk) covers August 17–31 as a block: −15.5% during the rally. Splitting it into weekly numbers would require interpolation we cannot source, so we publish the block and date it. Under the site's data policy, block figures beat invented precision.
What does "OI down while price up 70%" actually mean?
Open interest counts open derivative contracts. Falling OI against a rising price means the rally was carried by short covering (positions closing) and spot buying, not by new leveraged longs. Practically: no liquidation fuel beneath the move, which explains both its violence and its eventual fade — and it made the subsequent positioning rebuild the key variable for September's tape.
Why do the two circulating-supply figures disagree?
They measure different bases: CoinGecko's estimate (from Ripple's distribution API) nets out certain classified holdings, while XRPScan's 67.53B (July 26 snapshot) is the ledger's raw activated supply. Market caps are computed against the estimate. Both are published with dates so you can judge.
Did RLUSD's $2B crossing happen this week?
The crossing itself landed in the following days — Ripple confirmed RLUSD had crossed $2 billion in market cap in a statement published August 25, referencing the prior week. The attestation in this report ($1.981B reserves vs $1.866B circulating, Aug 20) is the last verified reading before the milestone.
Is this financial advice?
No. XRPLinsights publishes research and commentary for informational purposes. Nothing here is a recommendation to buy or sell XRP or any other asset.