WEEK IN REVIEW
XRP's price surged 4.12% in 24 hours, but market conditions remain steady. The recent closure of Bitwise's BWOW dogecoin ETF highlights the challenges faced by altcoin ETFs, raising questions about their purpose and effectiveness in the crypto market. Ripple's stablecoin chief, Jack McDonald, envisions a significant growth opportunity for RLUSD in the corporate treasury market, which may have a positive impact on the adoption and usage of Ripple's stablecoin.
The XRP Ledger has processed an impressive 3,254 transactions in a single ledger, showcasing its scalability and efficiency. Ripple aims to tap into the $13 trillion corporate treasury market with its stablecoin, RLUSD. The upcoming Senate vote on the CLARITY Act may have a significant impact on XRP shorts, potentially leading to a massive squeeze on a 5% price move.
XRP's price stabilized above $1.30 after its August comeback, maintaining its broader recovery. The addition of XRP payments to Stripe and Tempo's AI standard is a significant development, expanding Ripple's reach and capabilities in the developer community. However, the ongoing regulatory challenges and declining investor confidence remain major concerns for XRP.
The XRP Ledger's Batch V1.1 amendment is one vote away from activation, which would enable users to bundle up to eight linked transactions into one operation. Ripple says asset managers are preparing for XRP Ledger's next payments upgrade, indicating that commercial projects are already being built around the feature after an extensive security review.
TERRAMIKE’S TAKE
Hey there, XRP enthusiasts! It's your friend Terramike here. As we monitor the market, it's essential to keep things in perspective. XRP's price surge is a welcome development, but let's not get too excited. The market can be unpredictable, and it's always better to be cautious. Remember, the key to success lies in understanding the fundamentals and staying informed about the latest news and trends. So, stay calm, stay informed, and keep on building!
HISTORICAL NOTES
* 2026-09-14: XRP bounces 4.12% in 24 hours, but market conditions remain steady. Source: https://blog.terramike.com/posts/xrp-bounces-4-12-in-24-hours-but-market-conditions-remain-steady * 2026-09-15: XRP is showing $1.4100 with a 0.75% 24-hour move. Source: https://blog.terramike.com/posts/xrp-market-update-9-15-2026 * 2026-09-16: XRP sinks 10% as the Clarity Act fails and bitcoin slides toward $76,000. Source: https://www.coindesk.com/markets/2026/09/16/xrp-sinks-10-as-the-clarity-act-fails-and-bitcoin-slides-toward-usd76-000 * 2026-09-17: Ripple adds XRP payments to Stripe and Tempo's AI standard in new developer kit. Source: https://www.coindesk.com/tech/2026/09/17/ripple-adds-xrp-payments-to-stripe-and-tempo-s-ai-standard-in-new-developer-kit * 2026-09-18: XRP on the brink of a golden cross as focus switches to altcoins. Source: https://www.coindesk.com/daybook-us/2026/09/18/xrp-on-the-brink-of-a-golden-cross-as-focus-switches-to-altcoins * 2026-09-19: Ripple says asset managers are preparing for XRP Ledger's next payments upgrade. Source: https://www.coindesk.com/tech/2026/09/19/ripple-says-asset-managers-are-preparing-for-xrp-ledger-s-next-payments-upgrade * 2026-09-20: XRP is showing $1.3800 with a -4.21% 24-hour move. Source: https://blog.terramike.com/posts/xrp-market-update-9-20-2026