Over the past year, $XRP has outperformed $BTC by an impressive 277% despite having no institutional ETF support. While #bitcoin rally has been driven in part by spot ETF approvals, $XRP’s rise has been entirely organic.

Now, with $XRP spot ETF filings pending, speculation is mounting around what could follow if they’re approved. Ripple’s current market cap stands at $207B, with its all-time high recorded at $3.65.

On-chain metrics show over 29,000 active addresses and 10,000+ unique traders, highlighting increased activity from both retail and larger players. Whales and institutions appear to be positioning early for what may come next.