XRP Surges 0.53% in 24 Hours, Market Cap Exceeds $188 Billion

XRP's latest price was $3.12, up 0.53% in the last 24 hours. This surge highlights a growing investor interest and increased trading activities, which could potentially impact broader market dynamics significantly. The market capitalization of XRP has climbed to approximately $188–189 billion, ranking it above major firms like Shopify, Verizon, and Citigroup. This milestone reflects increased market interest and potential for further growth. Ripple Labs, Inc., the entity behind XRP, has not yet publicly commented on this market milestone. The rise in XRP's market value suggests potential impacts across related industries and markets. This event could potentially affect financial and technological sectors, as XRP's growing value may drive interest in blockchain technologies or influence investment strategies. Historical trends suggest possible leverage in developing related DeFi protocols, backed by XRP's ecosystem. Such trends might encourage further examination by industry stakeholders, including regulators and financial bodies. The cryptocurrency ecosystem continues to watch closely as XRP's trajectory unfolds amid robust trading activity and investor speculation.

XRP’s trading volume on the major U.S.-based cryptocurrency exchange, Kraken, experienced a sudden increase. This surge reflects growing interest in XRP as investors seek to capitalize on recent market volatility. The uptick occurred as investors, eager to leverage market fluctuations, turned their focus towards XRP. As the third-largest cryptocurrency by market capitalization, XRP continues to capture the interest of spot investors, particularly in the United States. The recent approval of REX-Osprey ETFs after passing the SEC’s 75-day evaluation, alongside upcoming XRP ETF products, significantly contributed to this heightened interest. In the last 24 hours, XRP’s trading volume on the Kraken exchange exceeded $73.5 million, positioning it among the most traded assets on the platform. The broader crypto market showed upward movement, and XRP robustly joined this rise. Aside from ETF expectations, institutional buying also played a pivotal role in XRP’s rise. Analysts suggest that XRP may be entering a robust breakout phase, bolstered by technical indicators and regulatory news. Approval of the ETF could solidify prices above $4, further supported by Ripple’s advantageous position in the SEC lawsuit, boosting investor confidence.

On September 13, 2024, Uphold published a striking message on X, asking the XRP army what they would do if XRP hit $1,000. On September 13, 2025, exactly one year after the post, the exchange posed the same question to the community. The post drew the attention of XRP’s very active community, accruing thousands of views, reposts, and responses. The reactions to Uphold’s post reflected a wide spectrum of priorities among XRP enthusiasts. Some revealed immediate plans to liquidate their holdings, with one commenter stating that he would clean out his drawers. Prominent analysts have constantly advised investors to have profit-taking strategies, as XRP is volatile, like many other cryptocurrencies. Others highlighted more practical matters, such as making legal and financial structures available, including trusts and LLCs. Several other users desire to buy more XRP even at that price, expressing concern about missing out. Many XRP holders are long-term investors for the asset’s value and place in global finance. While $1,000 is a lofty target, many believe the asset can do more, and prefer to employ passive income strategies, such as lending tokens to institutions and banks. Other long-term strategies also appeared in the replies. Some community members mentioned retirement plans, as such would allow them to step back from daily work commitments. One user emphasized lifestyle changes, mentioning family outings and celebrations at local venues, as well as the ability to enjoy leisure without financial strain. More serious comments also emerged. A user spoke about paying taxes and donating a substantial amount. Another said he would hold his position until XRP achieved an even higher target of $10,000, illustrating a long-term and highly optimistic perspective. While Uphold’s post functioned as a hypothetical, it resonated because of XRP’s long-standing role in discussions about the future of global payments. Over the past month, XRP has experienced volatility. After a decline in late August, the asset rebounded strongly in September, regaining key levels and reigniting optimism among holders. All eyes are now set on its all-time high of $3.65, as surpassing this level could push the asset toward higher levels, setting it on the path toward that long-term goal of $1,000.

Ripple-affiliated XRP cryptocurrency has carved out a new milestone in its journey toward mainstream finance, reentering the list of the 92 most valuable assets worldwide by market capitalization. The token has been on a meteoric tear in recent weeks amid a broader crypto market rally, propelled by converging macroeconomic and market forces that are driving investors into riskier assets. With a market valuation of $188.6 billion, XRP has outpaced American banking behemoth Citigroup, whose market capitalization currently stands around $183 billion, and Canadian multinational e-commerce company Shopify, whose market cap hovers at $185.9 billion. XRP’s recent strong price action comes on the back of regulatory clarity in Europe. Ripple recently announced an expanded partnership with Spanish bank BBVA, enabling digital asset custody and settlement solutions under EU MiCA compliance standards. This new partnership fueled optimism that traditional banks might deepen adoption of blockchain settlement. Meanwhile, spot exchange-traded fund (ETF) speculation continues in the United States. The Securities and Exchange Commission has yet to greenlight a spot XRP ETF, though futures-based funds are already live on the US market. Six asset managers, including Grayscale, Franklin Templeton, and Bitwise, have submitted paperwork to the U.S. regulator for spot XRP ETFs, with decisions expected in October. Ripple’s recent legal settlement with the SEC has improved regulatory clarity, boosting industry estimates to a 90% likelihood of ETF approval before the end of the year.

XRP experienced a 203% hourly volume spike on Kraken as traders reacted to ETF optimism. The volume spike on Kraken was driven by concentrated U.S. spot trading activity and ETF-related optimism. Growing expectations around spot ETF approvals, including REX-Osprey products that passed a 75-day SEC review, increased retail and institutional interest in XRP. Market participants cited these developments as a catalyst for elevated buy-side flow, which translated into outsized volume on major U.S. venues. In the last 24 hours, XRP has attracted $73,588,344 in trading volume on Kraken, ranking among the top traded assets on the crypto exchange. XRP has recorded $6.67 billion in trading volume in the last 24 hours, marking a 31% increase. The crypto market has seen upside action in the last 24 hours with the majority of digital assets posting significant gains, including XRP. XRP continued its rally in the early Saturday trading session. The cryptocurrency is on course to mark its fourth day of rise since Sept. 9, having broadly risen since the Sept. 1 low. The rise has surpassed the daily SMA 50 at $3.01, which had capped XRP’s price since Aug. 19. With this crucial barrier removed and a high of $3.18 reached on Saturday, the next resistance levels are at $3.38 and $3.66. A decisive breach above these key levels could open a run toward $4. Downside risk would target a reclaim of the daily SMA 50 near $3 as support. Concentrated hourly spikes on Kraken imply short-term position accumulation and quick profit-taking. Broad 24-hour volume expansion indicates more sustained interest, not just isolated algorithmic activity. Traders should monitor exchange flow, order-book depth, and funding rates to gauge durability of the move. Identify short-term support: daily SMA 50 near $3 — a key flip level. Track immediate resistance: $3.38 and $3.66 — breakouts increase upside targets. Use volume confirmations: rising 24h volume and exchange-specific spikes validate moves. CoinGlass recorded a 203% hourly surge in XRP volume specifically on Kraken, with $73,588,344 traded there in the last 24 hours, indicating concentrated U.S. exchange activity. While REX-Osprey ETFs passed a 75-day SEC review and market participants are optimistic, the approval is not certain and remains subject to regulatory decisions.

Recent regulatory developments have positioned XRP for significant institutional engagement, with the SEC clearing XRP exchange-traded funds (ETFs) after a mandated 75-day review period. This approval represents a major milestone in regulatory acceptance, fostering optimism regarding broader adoption pathways. Separately, Hong Kong's financial regulators announced eased banking restrictions for cryptocurrency firms in September 2025, a move coinciding with XRP's technical breakout from a prolonged consolidation phase. This regulatory shift is expected to enhance market access and operational fluidity for digital assets within the region.

Market participants are preparing for a consequential ruling by the SEC on spot XRP ETF applications scheduled for mid-October 2025. Approval is widely viewed as a potential catalyst for substantial institutional capital inflows, fundamentally reshaping the asset’s accessibility within traditional finance frameworks. The outcome remains a critical focal point for stakeholders monitoring regulatory progress.

Concurrently, significant transactional activity has been observed among major XRP holders. On-chain data suggests large-scale investors, colloquially termed "whales," are strategically accumulating or repositioning holdings. This behavioral pattern is widely interpreted as positioning ahead of anticipated upward momentum, potentially targeting key technical thresholds in the near term, independent of price evaluation. This aligns with observed consolidation patterns preceding previous upward cycles.

The broader regulatory landscape remains pivotal to XRP's trajectory, particularly the ongoing scrutiny and legal frameworks governing cross-border payment applications developed by Ripple. Resolution or progressive clarity in these matters is viewed as essential for sustained institutional confidence and subsequent implementation of payment solutions leveraging the technology.