XRP-Backed Fairshake PAC Raises $140M in Crypto Donations for 2026 Midterm Elections

Fairshake, a pro-cryptocurrency Super PAC, has secured an impressive $140 million in crypto donations as it gears up for the 2026 US midterm elections. This significant fundraising effort highlights the growing influence of the digital asset sector in political campaigns. Major industry players such as Coinbase, Ripple, and Andreessen Horowitz (a16z) have thrown their weight behind the PAC, underscoring their commitment to shaping favorable regulatory frameworks for cryptocurrencies. The announcement comes during Congress' Crypto Week, a pivotal period where lawmakers are reviewing key legislation that could define the future of the digital asset industry. Despite the substantial funds raised, recent momentum has slowed, with only $13 million added in the latest phase. This development signals both the potential and challenges of crypto-driven political advocacy as the industry seeks to cement its role in the financial and political landscape.

$140M in Crypto Donations Powers Fairshake’s Midterm Election Push

Fairshake, a pro-crypto Super PAC, has amassed $140 million in cryptocurrency donations ahead of the 2026 US midterm elections. The announcement coincides with Congress' Crypto Week, where lawmakers are reviewing pivotal legislation for the digital asset industry.

Major players like Coinbase, Ripple, and Andreessen Horowitz (a16z) have backed the PAC, though fundraising momentum has slowed—adding just $13 million between November and January. Fairshake aims to support candidates advocating for blockchain innovation and crypto-friendly regulation.

The PAC's war chest signals growing political clout for the crypto sector as it seeks to shape regulatory outcomes. With XRP-linked firm Ripple among key donors, the effort underscores industry coordination to influence policy during a critical legislative window.

XRP Consolidates Near Key Resistance as Institutional Activity Intensifies

XRP exhibited textbook institutional price action during the July 15-16 trading window, oscillating between $2.82 and $2.93 in a tight 4.08% range. The cryptocurrency closed at $2.89, marking a 1.8% daily gain despite four failed breakout attempts above the $2.92-$2.93 resistance zone. Market makers demonstrated clear intent through coordinated support at $2.85, with volume spikes exceeding 78.9 million tokens during accumulation periods.

Corporate treasury desks appear to be rebalancing positions ahead of ProShares' XRP Futures ETF launch on July 18. The final hour saw characteristic institutional footprints — a 0.69% price lift from $2.88 to $2.90 accompanied by 2 million+ token volume bursts. While $3.00 remains the psychological target, structured selling at resistance levels suggests cautious positioning amid ongoing regulatory uncertainty.

XRP Price at the Cusp of a Major Run: Key Levels to Watch

XRP stands at a critical juncture after months of consolidation, with technical indicators suggesting an imminent breakout. The asset's price action has tightened into a symmetrical triangle, a pattern often preceding volatile moves. Market participants are closely monitoring the $2.62-$2.70 resistance zone—a decisive breach could catalyze a rally toward $5.

Recent trading shows diminishing selling pressure, as evidenced by MACD readings, while Bollinger Band compression signals growing tension between bulls and bears. The current setup mirrors historical accumulation phases before significant price expansions. Either direction—breakout or rejection—could determine XRP's medium-term trajectory.

XRP Surges 27% in a Week Amid Growing Institutional Interest

Ripple's XRP has demonstrated remarkable resilience, climbing from $2.22 to $2.82 within a week—a 27% surge that underscores its growing appeal among institutional investors. The asset's technical advantages, including 1,500+ transactions per second and consistently low fees, position it as a viable alternative to traditional mineable coins during network congestion.

Behind the scenes, platforms like PaladinMining are amplifying returns for XRP holders through non-custodial yield solutions. This infrastructure enables passive income generation without the operational burdens of physical mining rigs—a critical advantage as cryptocurrency adoption accelerates globally.

Ripple Expands Middle East Presence Through Dubai Real Estate Tokenization Partnership

Ripple has forged a strategic alliance with regulated digital asset platform Ctrl Alt to revolutionize Dubai's property market. The partnership, announced July 16, deploys Ripple's institutional custody solutions for storing tokenized real estate deeds on the XRP Ledger - marking the first government-backed property tokenization on a public blockchain in the Middle East.

The collaboration supports Dubai Land Department's ambitious Real Estate Tokenization Project, enabling fractional ownership and enhanced transparency through distributed ledger technology. Ctrl Alt, recently licensed by Dubai's VARA regulator, will leverage Ripple's battle-tested custody infrastructure to facilitate compliant digital asset management for physical properties.

"This forward-thinking initiative positions Dubai as a global leader in blockchain adoption," noted Ripple's Reece Merrick. The MOVE demonstrates growing institutional confidence in XRP Ledger's capabilities for real-world asset tokenization, potentially creating new liquidity channels for Middle Eastern real estate markets.

Ripple and Ctrl Alt Launch Tokenized Real Estate in Dubai Using XRP Ledger

Ripple has partnered with Ctrl Alt to revolutionize Dubai's real estate sector by digitizing property title deeds on the XRP Ledger. The collaboration with the Dubai Land Department marks the Middle East's first government-backed real estate tokenization project on a public blockchain.

Investors can now purchase fractional shares in Dubai properties starting at just AED 2,000 (~$545), significantly lowering the barrier to entry. The initiative leverages Ripple's custody technology for secure storage of digital deeds while enhancing market transparency and global accessibility.

"This represents a major step in blockchain's real-world utility," said Reece Merrick, Ripple's Managing Director for Middle East and Africa. The tokenization model is attracting both retail and institutional interest as Dubai positions itself at the forefront of property innovation.