Ripple Rally: XRP on the way to ETF approval and new highs!

Ripple Rally: XRP on the way to ETF approval and new highs!

Ripple (XRP) experienced an increase in value on Wednesday, in line with the trends of Bitcoin (BTC) and Ethereum (ETH). The token is trading steadily above the $2.65 price amid expectations that the Federal Reserve will cut interest rates by 25 basis points. The latest analysis from Messari shows that Ripple has reached an important phase in its development after releasing the ‘State of XRP Ledger Q3 2025’. This document highlights seven pending applications for XRP spot exchange-traded funds (ETFs) filed with the SEC.

The SEC is expected to rule on these ETF applications on November 18, following the introduction of new listing standards in September. Polymarket valuations suggest a 99% chance of multiple XRP ETFs being approved in the fourth quarter. This has increased interest among institutional investors in XRP-based digital asset treasuries (DATs). Notable investments include:

• Trident Digital Tech Holdings: $500 Millionen
• Webus International: $300 Millionen
• Wellgistics: $50 Millionen
• Nature’s Miracle Holdings: $20 Millionen
• Reliance Group Global: $17 Millionen

Legal developments

The legal disputes between Ripple and the SEC ended on August 7th. The lawsuit, which originally sought a $125 million penalty, ended in a settlement that cost Ripple $50 million. The court, led by Judge Analisa Torres, found that Ripple did not violate federal securities laws for sales on third-party markets, but was liable for direct sales to institutional customers. This decision has significantly increased institutional interest in XRP DATs.

XRP Ledger growth figures

In the third quarter of 2025, there was an 8.9% increase in average daily transactions on the XRP Ledger, increasing from 1.6 million to 1.8 million. There was also an increase in daily active addresses by 15.4% from 21,900 to 25,300. New addresses even rose by 46.3% to 447,200. These positive trends demonstrate the growing interest and usage of the XRP ledger.

Additionally, Ripple has reached a market cap of $789 million on both the XRP Ledger and Ethereum platforms with its USD-pegged stablecoin RLUSD. The amount on the XRP ledger stands at $88.8 million, an increase of 34.7% compared to the previous quarter. The market cap of real assets on the XRPL increased 215% to $115.5 million in the quarter.

Market analyzes and future outlook

XRP is trading above the 200-day Exponential Moving Average (EMA) at $2.61 and receiving a buy signal from the MACD indicator. Traders are looking to see if XRP can break above the 50-day EMA at $2.68 and the 100-day EMA to confirm an uptrend. A break above the resistance line can further strengthen bullish sentiment. However, if it loses support at the 200-day EMA, it could lead to further declines towards $2.18 and $1.90.

The entire Ripple situation and the SEC's upcoming decisions show how crucial the coming weeks could be for the future of XRP and its associated markets. The developments in the fourth quarter of 2025, combined with current market trends and institutional investments, promise an exciting development for investors and interested parties.

For more information on developments surrounding Ripple and the XRP price, you can check out the full analysis FXStreet read up.