XRP Market Update — October 21, 2025 💎
Price Action:
$XRP is trading between $2.46–$2.50, up 3.8% in the past 24 hours, rebounding strongly from recent $1.90 lows. Its market cap sits near $145B, positioning XRP on the verge of overtaking BNB. Liquidity continues to build above $3.60, though volatility remains elevated.
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⚖️ Regulatory Developments
• ETF Delays: The ongoing U.S. government shutdown has paused XRP ETF reviews (including Grayscale and 21Shares) until late 2025.
• Market Expectations: Polymarket odds now show a 99% chance of approval by year-end. JPMorgan forecasts potential inflows between $4B–$8B once greenlit.
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💼 Corporate & Ecosystem Moves
• $1B Treasury Buy: Ripple’s third major acquisition of 2025 strengthens its cross-border payment infrastructure.
• Evernorth SPAC: The Ripple-backed firm plans a $1B Nasdaq listing, aimed at expanding XRP’s treasury and liquidity footprint.
• RLUSD in Japan: Ripple’s stablecoin (RLUSD) is set for Q1 2026 rollout via SBI Holdings, targeting institutional adoption in Asia.
• XRPL MPT Launch: The new Multi-Purpose Token (MPT) standard enhances DeFi and RWA integration across the XRP Ledger.
• Larsen’s 50M XRP Transfer: A $124M movement by Ripple co-founder Chris Larsen is being viewed as routine wallet management.
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