XRP Holds Near $1 as Policy Uncertainty Counters XRPL Upgrade Push

XRP traded near $1.04 on Aug. 9, caught between regulatory uncertainty in Washington and efforts to upgrade the XRP Ledger for institutional users. The token was down 0.31% in 24 hours and 3.44% over the week, according to CoinMarketCap. The market struggles to price near-term risks while acknowledging longer-term infrastructure upgrades.