Key Takeaways:
XRP price rises 1.75% to $2.87, outperforming the crypto market’s +0.36% move
XRP ETF optimism builds as SEC decisions near; Franklin Templeton deadline set for November 14, 2025
Whale wallets increase holdings, signaling institutional confidence amid tokenization growth on XRPL
XRP Price Jumps on ETF Buzz and Institutional Demand
XRP outperformance of the wider crypto market today comes amid growing anticipation around spot XRP ETF approvals and increased institutional activity. The boost marks a potential turning point after weeks of sideways movement.
Market attention is focused on a wave of spot XRP ETF applications currently under review by the U.S. Securities and Exchange Commission (SEC), with final rulings expected between October and November 2025. Notably, the REX-Osprey XRP ETF, which launched on September 18, recorded $37 million in first-day trading volume, reflecting strong early demand.
ETF Developments Signal Growing Institutional Appetite
Grayscale and Franklin Templeton are among the issuers vying for approval, with Franklin Templeton’s SEC deadline set for November 14. Analysts suggest that approval could unlock billions in institutional inflows, similar to Bitcoin’s pre-ETF surge of 20–25% in early 2024.
Adding to the momentum, XRP was recently included in Grayscale’s CoinDesk Crypto 5 ETF, which allocates 70% to Bitcoin, 20% to Ethereum, and 10% to XRP, Solana, and Cardano. This inclusion is seen as a signal of XRP’s increasing credibility among mainstream asset managers.
Technical Indicators Show Tentative Recovery
From a technical standpoint, XRP rebounded from the 50% Fibonacci retracement level at $2.94, with its Relative Strength Index (RSI) climbing out of oversold territory at 41.29. However, MACD remains in negative territory at -0.0095, suggesting lingering caution in the market.
Short-term resistance remains at the $3.07 level, coinciding with the 23.6% Fibonacci retracement. Meanwhile, the 200-day EMA at $2.58 offers a longer-term bullish floor. A breakout above $3.20 could pave the way toward retesting the 2025 high of $3.66.
Institutions Accumulate Holdings Ahead of ETF Rulings
On-chain data shows wallets holding over 1 million XRP grew 3.2% in September. In parallel, Ripple expanded its partnership with Guggenheim Treasury, enabling the issuance of tokenized commercial paper on the XRP Ledger (XRPL).
Bloomberg reported that Guggenheim committed $10 million to support these tokenized assets, further validating XRP’s utility beyond payment networks. Analysts interpret this move as a vote of confidence in XRPL’s scalability for real-world asset (RWA) applications.
XRP Outlook: ETF Timelines and $2.80 Support
While today’s price action is positive, XRP faces near-term resistance at $3.07 and must hold above $2.80 to maintain bullish momentum, particularly if the SEC delays decisions on ETF applications.
