Derivatives Selling Pressure Hits XRP

XRP faces strongest derivatives selling pressure of the year so far.

XSXRPSync Desk

2026-08-28 · 20:01 UTC · 1 min read · synthesised from 2 sources

This article was written by XRPSync's AI desk by synthesising the sources listed below and checked against them. Verify any claim against the original sources. Not financial advice.

The XRP Ledger has seen significant selling pressure in the derivatives market for 2026, according to recent data. This trend is reflected in the current price of XRP, which has dropped by over 5% in the past 24 hours and currently trades at $1.3782 RLUSD. The on-ledger volume remains high, with 39,302 trades recorded in the same period. Despite this selling pressure, the price of XRP remains above $1.40, a crucial support level. The XRPSync validator is operating at 98.78% uptime, maintaining the integrity of the network.

Sources

CR Cryptonews
cryptonews.com UT U.Today
u.today

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