XRP News Today: SEC delays XRP ETF decisions as whale accumulation and synthetic yield products signal growing institutional interest

The U.S. Securities and Exchange Commission (SEC) has postponed its decisions on several applications for spot XRP exchange-traded funds (ETFs), including those from Bitwise, CoinShares, and 21Shares. This delay, while introducing short-term uncertainty, is interpreted by ETHNews analysts as procedural rather than indicative of a rejection [1]. At the same time, on-chain analytics show that XRP whale wallets have accumulated over 120 million tokens across top-tier addresses in the past 48 hours [2]. This activity is seen as evidence of strategic positioning by institutional-grade participants, likely anticipating potential volatility linked to ETF-related developments or new use-case deployments in Ripple’s cross-border payment infrastructure.

XRP is currently trading at $3.07 USD, with a 0.9% intraday gain and a 24-hour trading volume exceeding $7.7 billion. Its circulating supply stands at 59.4 billion XRP, with a maximum supply capped at 100 billion [2]. Technically, XRP is showing moderate bullish continuation, having rebounded off key support near $2.95 USD. Resistance is now at $3.11, with a breakout potentially sending the price toward $3.35 USD in the near term [3]. RSI and MACD indicators suggest mild bullish divergence, and derivative markets are showing rising open interest, reinforcing the view that speculators are increasingly targeting XRP in anticipation of potential ETF-related movements.

Meanwhile, Find Mining has introduced synthetic "mining" contracts tied to XRP’s price action, offering yield generation mechanisms through staking derivatives and options exposure. These contracts aim to bridge the gap between traditional financial instruments and blockchain-native assets [2]. In the broader ecosystem, Imagen Network has integrated XRP for instant settlements, enabling faster and lower-cost transactions for creators and decentralized applications [4]. The XRP Ledger (XRPL), which continues to operate with high throughput and low latency, supports 1,500+ transactions per second and sub-penny fees, making it one of the most enterprise-ready distributed ledger frameworks in production today [4].

The accumulation of XRP by large holders and the launch of synthetic yield products highlight a growing institutional interest in the token, even as regulatory clarity remains pending. With key technical levels in place and increasing open interest, XRP is in a phase where both market participants and protocol developers are preparing for potential volatility linked to ETF approvals and broader ecosystem adoption.

Source: [1] ETHNews (https://coinmarketcap.com/community/articles/68a38e47799f21195a47ccea/)