XRP price surged to an intraday high of $1.6963 on Saturday, then reversed sharply, currently trading at $1.4578 as the rally cooled. Ripple’s token remains 47% above its 2026 low of $0.9905, hit on August 11 after a bridge exploit briefly pushed the price below $1 for the first time since late 2024.

XRP ETF inflows are rising

The main reason behind the recent XRP price surge was simply the broader crypto market rally that affected Bitcoin and most altcoins. Bitcoin broke out and approached the crucial resistance level of $80,000. Ethereum and other altcoins also continued their strong rallies.

The risk-on sentiment helped to drive XRP ETFs higher. Data shows that the spot XRP ETFs added over $39.7 million in inflows last week, up shaply from the $2.25 million they added a week earlier. 

These funds have now had cumulative inflows of over $1.5 billion, and now have over $1.3 billion in net assets. The biggest ones are those run by companies like Bitwise, Franklin Templeton, and Canary.

In most cases, rising XRP ETFs is usually a sign that American retail and institutional demand is rising. In this case, the demand rose after Scott Bessent decided to intervene in the bond market as the 30-year rose to its highest level in nearly two decades. 

RLUSD growth is continuing

Another potential catalyst for the XRP price is the strong growth of Ripple USD (RLUSD) this month. The stablecoin has seen its market capitalization soar to over $2.07 billion for the first time since its launch in late 2024.

RLUSD has become a highly popular stablecoin, with the 24-hour volume rising to over $753 million. While most of the RLUSD stablecoin is in the Ethereum Chain, $988 million of it is in the XRP Ledger. That is a sign that the figure will cross the $1 billion mark soon.

This growth will help to boost XRPL’s utility in the coming months, which may help to boost XRP prices.

Still, XRP faces some potential risks. One of them is that the recent crypto comeback is part of a dead-cat bounce, a situation where an asset in a freefall rebounds and then resumes the downtrend. 

Another risk is that inflation may remain stubbornly high, which may push the Federal Reserve to hike interest rates.

XRP price has become highly overbought

XRP chart | Source: TradingView

The daily chart shows that the XRP price surged hard last week. This rebound happened after it formed a giant falling wedge pattern, which is a common bullish reversal sign. The pattern is made up of two descending and converging trendlines, with rebounds happening when the confluence is nearing.

The token has now moved above the important resistance level of $1.1580, its highest level on July 21. It also moved above the 50-day and 100-day Exponential Moving Averages (EMA), a sign that bulls are in control for now.

The risk, however, is that the token has become highly overbought, with the Relative Strength Index (RSI) soaring to 85.50. In most cases, highly overbought assets tend to retreat as investors book profits. In this case, the token may retreat and retest the support of $1.1580.

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Venice Token has staged a strong comeback in the past few days, reaching its highest level since June this year. The VVV token soared to a high of $18, up sharply from the July low of $9.8. This article highlights some of the top reasons why the token is on the cusp of more gains.

Venice Token price technicals point to more gains

The daily chart shows that the VVV token has some of the best technicals in the crypto industry. Venice bottomed at $9.8 and has moved above the 50-day Exponential Moving Average (EMA).

The token has crossed the important resistance level of $14.8, its highest level on July 26. It has invalidated the forming double-top pattern, a common bearish reversal sign in technical analysis

The Relative Strength Index (RSI) has soared to 79, its highest level since May this year. It has been in a strong upward trend after bottoming at 31, its lowest level on July 7 this year. Therefore, there is a likelihood that the token will continue rising as bulls target the key resistance level of $21, its highest level in June this year.

VVV token chart | Source: TradingView

Venice AI growth is accelerating

One of the top catalysts for the VVV token is that demand for its platform is rising as the artificial intelligence boom accelerates. SimilarWeb data shows that the number of visitors on its platform jumped by 15% in July to over 15.3 million. Most of these visitors are on their mobile devices, with 35% being on the desktop platform.

This surge is important because it means that Venice is becoming a major player in the artificial intelligence industry. It is achieving that by focusing on a freemium model, where it provides its solutions for free and then users can upgrade for a fee. 

The growth is also important because it helps it to boost its revenues. Venice uses some of its fees to reduce the amount of VVV tokens in circulation. It has already burned 42% of all the VVV tokens, and the growth is continuing. It has burned tokens worth over $582k, up from the $445k it burned last month. The burn rate has been continuing from the December levels of $64k.

OpenAI and Anthropic IPOs

Another bullish aspect for the VVV token is the upcoming OpenAI and Anthropic IPOs that will happen later this year or in 2027. There are signs that these will be some of the biggest IPOs in the world.

Anthropic is considering raising over $100 billion in its IPO, which will be higher than what SpaceX raised. Its valuation may jump to over $2 trillion, helped by its strong revenue growth. 

OpenAI is also expected to have a big IPO, considering that its revenue is growing. While its second-quarter revenue disappointed, the management noted that the Q3 one was accelerating. As such, there is a likelihood that top AI coins will do well ahead of the IPO.

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Crypto tokens associated with President Donald Trump are plunging this weekend as his approval rating sinks to a new low. Official Trump (TRUMP) meme coin dropped to $2.488, down by 32% from its highest level on Saturday. 

WLFI and TRUMP tokens have slumped

Similarly, the WLFI token dropped to $0.057, down sharply from the weekend high of $0.075. These two tokens have all shed billions of dollars in value, even as Trump raked in billions of dollars in revenue.

The ongoing crash has also coincided with the ongoing DJT stockcrash. Trump Media stock was trading at $9.10 on Friday, down sharply from the year-to-date high of $17.10. 

One main reason behind the ongoing retreat in Trump-associated assets is that his popularity is no longer where it was earlier last year. The most recent polling data shows that Trump’s approval rating has plunged to a record low. For example, a recent poll showed that his approval rating dropped to 33%, a record low. 

Another reason why the approval rating dropped is the ongoing traffic to Truth Social, his social media platform. This traffic dropped by 22% in July to 15.89 million in July, a sign that even his most loyal followers are tuning him out.

These events, together with the ongoing US-Iran war means that Trump will likely lose the election. If this happens, Democrats have hinted that they will start their investigations into Trump’s crypto empire. 

Trump crypto assets will be investigated

There are many points to be investigated. For one, they will investigate whether foreigners bought the TRUMP meme coin and the implication. Also, they will focus on World Liberty Financial, which runs the USD1 stablecoin. 

The WLFI investigation will be on the recently awarded national bank trust charter. Also, they will investigate its ties to Binance, the biggest crypto exchange in the world. Most notably, there is the fact that the UAE holds over $2 billion in cash through the USD1 stablecoin, which earns Trump and his family millions of dollars a year. 

These investigations, and the fact that Trump will be out of office in the next two years, may make his tokens less attractive. At the same time, concerns that Trump made billions of dollars while more than 1 million users lost billions is affecting their performance.

These tokens are also playing a role in hindering the CLARITY Act from becoming law. Democrats have insisted that any law will need to have provisions that bar the US president from launching and running these tokens. Trump will be unlikely to sign a law with such provisions.

Therefore, there is a risk that the TRUMP, WLFI, and DJT stocks will remain under pressure in the foreseeable future.

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Bloom Energy stock has slumped sharply in recent weeks, falling from its year-to-date high of $350 to around $200. The stock has declined for seven consecutive sessions, reaching its lowest level since August 3. Its technical indicators suggest that further downside may be ahead, while persistent valuation concerns continue to weigh on investor sentiment.

Bloom Energy is growing, but valuation risks persist

Bloom Energy has become one of the fastest-growing companies in the United States, helped by the ongoing data center boom. It has partnered with some of the biggest companies in the industry like Oracle and Nebius. Recently, it inked a $25 billion deal with Brookfield, one of the biggest private equity companies in the world.

The most recent earnings report showed that its revenue soared by 165% in the second quarter to $1.06 billion as it continued delivering onsite power to data centers. This growth will likely continue in the foreseeable future after the company continues to monetize its projects.

Its gross margins jumped from 26.7% in the second quarter of last year to the current 33.4%, with its profitability accelerating. KR Sridhar, the CEO, said:

“Today, all the major US hyperscalers and over a dozen US neoclouds, AI labs, and colocation data center operators have validated and approved our power solutions for their AI factories. Bloom is now a standard for AI onsite power.”

This growth will likely continue as the data center buildup gains steam. For example, Nvidia has reached a financing deal with OpenAI for a Ohio data center project valued at over $105 billion. 

It has also reached a $500 billion deal with several financial companies like BlackRock, BlackStone, Goldman Sachs, and Brookfield to fund data centers. Bloom Energy will be one of the top beneficiaries of these investments. 

Yahoo Finance data shows that analysts are upbeat about its growth prospects, especially after the company launched Power Connect, which can reduce its onsite power installation time by over 40%.

The average estimate is that its revenue will by 103% this year to $4.13 billion this year. After that, it will make over $6.77 billion next year. Its earnings-per-share is expected to move from 76 cents to $2.71 this year. It is expected to nearly double next year to $4.89.

The main challenge, however, is that it has become a highly overvalued company, with its forward price-to-earnings on a non-GAAP basis being 74, much higher than the S&P 500 Index average of over 20. As such, it needs to demonstrate strong revenue and profitability growth to justify this valuation.

Bloom Energy stock technical analysis

BE stock chart | Source: TradingView

The daily chart shows that BE stock has been in a strong freefall in the past few months. It has moved from the year-to-date high of $351 to the current $200. It is also in the process of erasing most of the gains it made after releasing its financial results earlier this month.

The stock has dropped below the 50-day and 100-day Exponential Moving Averages (EMA), a sign that bears remain in control. Therefore, the path of the least resistance for the stock is downwards, with the next key target to watch being at $180. In the long term, however, the stock will bounce back

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SpaceX SPCX shares gained 1.4% on Friday as investors weighed the rapid expansion of its Starlink satellite network, upcoming share unlocks and the company’s significant capital spending requirements.

The stock had fallen 3% on Wednesday and declined 4.1% on Thursday as another 319 million shares held by employees, early investors and other insiders became eligible for trading.

Starlink network approaches 11,000 satellites

SpaceX launched another 24 Starlink satellites from California on Tuesday, bringing the constellation closer to 11,000 spacecraft in low Earth orbit.

Tracking data from astronomer Jonathan McDowell showed around 10,979 Starlink satellites in orbit as of Aug. 19, with about 10,963 operational.

SpaceX has launched more than 12,700 Starlink satellites since 2019, although roughly 1,700 have since deorbited.

The network now represents nearly two-thirds of all active satellites orbiting Earth.

SpaceX has approval to launch between 15,000 and 19,000 Gen-1 and Gen-2 Starlink satellites by 2031.

The company has also sought approval for a next-generation constellation of up to 100,000 satellites.

CEO Elon Musk said earlier this month that the Starlink system could eventually exceed 100,000 satellites.

He has also said the space economy will be significantly larger than Goldman Sachs’ current $1.8 trillion projection for 2035.

Starlink becomes a larger revenue driver

Starlink is already a major contributor to SpaceX’s financial performance.

The company’s Connectivity segment generated $4.3 billion in revenue during the second quarter of 2026, accounting for about 55% of SpaceX’s total $7.8 billion revenue.

The segment generated $1.7 billion in operating profit, up 66% year over year.

The growth was supported by a doubling of subscribers to 12 million.

SpaceX aims for Starlink to eventually carry most of the world’s internet traffic.

The company also sees potential applications in AI infrastructure, mobile connectivity and internet services for homes, businesses and governments.

Share unlocks and spending create risks

Investors are also monitoring the impact of additional shares becoming available for trading.

The Aug. 20 unlock made up to 319 million restricted shares eligible for trading. The shares represented about 2.4% of SpaceX’s outstanding stock and could increase the company’s tradable float by around 20%.

Additional unlocks are scheduled through the rest of 2026, while Musk’s large stake remains locked until June 2027.

Meanwhile, DZ Bank analyst Markus Leistner initiated coverage with a Sell rating and a $100 price target.

The bearish view contrasts with broader Wall Street sentiment, with about 75% of analysts covering SpaceX rating the stock Buy. The average analyst price target stands near $226.

The differing views partly reflect the scale of SpaceX’s future investment requirements.

FactSet estimates SpaceX revenue could exceed $100 billion in 2027, compared with about $44 billion in 2026.

However, Wall Street projects roughly $800 billion in cumulative capital spending by the end of the decade.

Much of that spending is expected to support AI and communications infrastructure.

SpaceX currently operates about 1.4 gigawatts of computing capacity at two terrestrial data centers and aims to reach 10 gigawatts by the end of 2027.

For investors, the company’s rapid Starlink growth offers significant revenue potential, but the scale of required investment and continued share unlocks remain important factors for the stock.

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