XRP News Today: Institutional Bet: XRP’s Surge Aligns With Nasdaq’s Tokenization Push

Generated by AI AgentCoin World
Tuesday, Sep 9, 2025 1:36 am ET1min read
Aime RobotAime Summary

- XRP surged nearly 5% toward $3.00 amid Nasdaq’s proposal to list tokenized equities and ETPs, a potential milestone for blockchain-based finance in the U.S.

- A $32 billion XRP transfer between Binance wallets highlighted growing institutional interest, aligning with Ripple’s cross-border payment and asset tokenization use cases.

- XRP’s market cap surpassed $177 billion with 88% bullish sentiment, though it underperformed against the euro (-12.8% monthly) despite short-term gains.

- Analysts project a $4–$45 price range over a month, contingent on SEC approval of Nasdaq’s proposal and broader regulatory clarity for tokenization.

XRP’s price surged nearly 5% in recent trading sessions, pushing it closer to the $3.00 threshold amid a broader market shift driven by Nasdaq’s proposal to allow tokenized equities and ETPs on its main market. The proposal, filed on Sept. 8, could represent a significant milestone in the adoption of blockchain-based financial instruments in the U.S., as it marks the first effort by a major exchange to integrate tokenized assets into a national market system. The initiative must now undergo public comment and SEC approval before implementation [1].

The move has sparked optimism among

XRP
traders and analysts, with on-chain data revealing a large transaction of 64.46 billion XRP—worth $32 billion USD—transferred between Binance wallets on Sept. 7. This activity underscores the token’s growing liquidity and institutional interest. Analysts suggest that XRP, already used by
financial institutions
for cross-border payments and asset tokenization, could benefit from Nasdaq’s broader embrace of blockchain technology [1].

As of the latest data, XRP's market capitalization surpassed $177 billion, reflecting a 4% gain to $2.97 per token. The CoinMarketCap community sentiment was overwhelmingly bullish, with 88% of voters expressing positive expectations for the token’s performance in the coming weeks. Social and technical analysts have noted that XRP’s recent price trajectory aligns with the broader institutional shift toward tokenization, with several indicators suggesting a potential price corridor between $4 and $45 over the next month [1].

CoinGecko data, however, shows the XRP to EUR exchange rate at €2.46, representing a 2.2% increase in the last 24 hours. Despite this short-term gain, XRP has declined by 12.8% against the euro in the past month, underperforming the broader cryptocurrency market. Over the last seven days, the token has seen price fluctuations between €2.46 and €2.35, with the largest movement occurring on Sept. 3 when it rose by 4.7% in a single day [2].

The growing interest in XRP has also been reflected in the number of active wallets and trading activity on centralized exchanges. Ripple's CEO has emphasized the role of XRP in facilitating cross-border payments and real-world asset tokenization, a use case that aligns with the recent Nasdaq proposal. Institutional adoption remains a key factor in determining XRP’s long-term trajectory, with analysts highlighting the potential for further growth if regulatory hurdles are cleared [1].

While predictions for XRP’s price vary, some technical analyses point to a possible price range between $4 and $45 over the next month, with bullish scenarios projecting a potential rally to $250. These projections remain speculative and must be viewed in light of ongoing regulatory developments and broader market sentiment [1].

Source: [1] XRP rallies after major Nasdaq update (https://www.thestreet.com/crypto/markets/xrp-rallies-after-major-nasdaq-update) [2] XRP to EUR: XRP Price in Euro (https://www.coingecko.com/en/coins/xrp/eur)