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XRP News Today: XRP's Recent Rise Fueled by Institutional Confidence in Blockchain and Wall Street Integration

XRP News Today: XRP's Recent Rise Fueled by Institutional Confidence in Blockchain and Wall Street Integration

Bitget-RWA2025/10/29 16:00
By:Bitget-RWA

- XRP surged over 10% weekly, driven by institutional demand and regulatory progress, closing Q3 at $2.85 with a $170.3B market cap. - Real-world asset (RWA) issuance on XRP Ledger hit $364.2M in Q3, fueled by tokenized funds like Ondo’s OUSG and Guggenheim’s paper. - Seven U.S. XRP ETF applications await SEC decisions (Oct 2025–Nov 2025), with Polymarket odds at 99% for 2025 approval. - Institutional buyers like Trident Digital ($500M) and SBI Holdings ($10B) boost XRP’s appeal amid supply controls via to

The

token has climbed more than 10% over the last week, fueled by increasing institutional involvement and regulatory shifts that may open up fresh investment opportunities. A recent analysis from Messari reveals that XRP ended Q3 at $2.85, marking a 29% rise compared to the previous quarter, and its market capitalization reached $170.3 billion, as highlighted in a . This upward trend is accompanied by a record $3 billion in open interest for both XRP and futures on the , reflecting a surge in demand from both institutional and retail investors for regulated crypto offerings, according to . Experts point to several factors behind this momentum, such as the token’s growing range of applications and speculation around potential U.S. spot XRP ETF approvals.

One of the main catalysts for XRP’s recent gains is the significant growth in real-world asset (RWA) issuance on the XRP Ledger. In Q3, the XRPL’s RWA market cap soared to a record $364.2 million, up 215% from the previous quarter, driven by tokenized products like Ondo’s OUSG treasury fund and Guggenheim’s Digital Commercial Paper, Benzinga reported. This development mirrors the wider market’s

about RWAs serving as a link between conventional finance and blockchain technology. At the same time, Ripple’s stablecoin RLUSD has expanded to an $88.8 million market cap, making it the largest stablecoin on the XRP Ledger, according to Benzinga.

Regulatory progress is further boosting XRP’s attractiveness. There are currently seven U.S. spot XRP ETF proposals awaiting approval, with SEC decisions anticipated between October 18 and November 14, 2025, Benzinga noted. XRP futures available on Coinbase and CME now satisfy the six-month tracking requirement for ETF consideration, increasing expectations that approvals could be granted before the end of the year. Polymarket places the likelihood of a 2025 ETF approval at 99%, and three Canadian XRP ETFs debuted in June, while Brazil launched its first XRP ETF in April, Benzinga reported.

Institutional interest is also on the rise. U.S. entities have announced over $900 million in XRP purchases, led by Trident Digital ($500 million) and Webus International ($300 million), following the Digital Asset Treasury approach popularized by Michael Saylor, Benzinga stated. Japanese financial powerhouse SBI Holdings is said to hold more than $10 billion in XRP, with other companies like Gumi and Vivopower also making significant acquisitions. This wave of institutional buying coincides with XRP’s monthly escrow release of 1 billion tokens and a total of 14.2 million tokens burned, helping to control supply inflation, according to Benzinga.

The overall crypto sector is also experiencing positive effects from XRP’s momentum. Solana’s recent ETF introduction exceeded expectations, with futures open interest topping $1 billion in August, as noted by Coindesk. This cross-chain enthusiasm highlights a shift in investor focus toward altcoins that offer practical use cases and regulatory transparency. As Tim McCourt, CME’s Global Head of Equity & FX Products, remarked at Token2049, regulated futures are increasingly becoming the preferred method for managing crypto market exposure, Coindesk added.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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