XRP News Today: Nasdaq Adds XRP to Crypto Index Boosting Institutional Adoption

Nasdaq has announced the inclusion of XRP and other major cryptocurrencies into its benchmark crypto index, marking a significant milestone in the digital asset landscape. This move is expected to enhance institutional adoption and market visibility for these assets, potentially driving further growth and acceptance in the financial sector. The expansion of the Nasdaq Crypto Index (NCI) to include Ripple’s XRP, alongside Solana (SOL), Stellar Lumens (XLM), and Cardano (ADA), increases the total number of tracked assets to nine. This diversification reflects Nasdaq’s commitment to capturing a broader representation of the crypto market beyond Bitcoin (BTC) and Ethereum (ETH). The inclusion is contingent on regulatory approval from the U.S. Securities and Exchange Commission (SEC), with a decision expected by November 2, 2025. This development could pave the way for more comprehensive crypto investment products, offering investors diversified exposure while mitigating risks associated with single-asset holdings.

Ripple’s strategic partnership with a leading Japanese Web Salon further strengthens XRP’s foothold in Asia’s burgeoning digital asset ecosystem. This collaboration aims to bolster the digital asset ecosystem within Japan, a key market for cryptocurrency adoption. The partnership is expected to facilitate greater integration of XRP in digital payments and blockchain-based services across the region. The announcement has positively influenced market sentiment, as evidenced by a notable increase in XRP’s open interest, reaching $4.1 billion in June for the first time this year. This surge indicates a growing appetite among traders and investors, potentially driven by expectations of increased utility and adoption in the Japanese market.

Following these developments, XRP’s price demonstrated resilience by rebounding approximately 4%, moving from $2.10 to $2.30. The cryptocurrency is currently consolidating above critical moving averages and a short-term supply zone at $2.30. Should this level hold as support, XRP may target further gains toward $2.40 or $2.50, representing potential upside of 6% to 10%. Conversely, failure to maintain this support could trigger selling pressure, driving prices back toward the $2.00 mark. Traders should monitor these technical levels closely, as they will likely dictate near-term momentum and market sentiment.

Currently, the Hashdex Nasdaq Crypto Index ETF is limited to holding only BTC and ETH due to regulatory constraints. Nasdaq’s application to include additional assets like XRP is a strategic attempt to broaden investor options. Meanwhile, the Bitwise 10 Crypto Index ETF awaits a regulatory decision by July 31, 2025. Year-to-date performance data reveals that while individual assets such as BTC have gained approximately 14%, XRP has experienced a modest 3% decline. In contrast, crypto index ETFs have generally delivered more stable but lower returns, averaging around 5%. This suggests that ETFs may provide a lower-risk investment vehicle, balancing volatility inherent in individual cryptocurrencies.

In summary, Nasdaq’s initiative to expand its crypto index to include XRP and other altcoins represents a pivotal step toward broader institutional acceptance and diversified crypto investment options. Coupled with Ripple’s strategic partnership in Japan, these developments have invigorated XRP’s market dynamics, reflected in increased speculative interest and positive price action. While regulatory decisions remain a key factor for the future trajectory of crypto ETFs, XRP’s technical setup suggests potential for moderate gains if key support levels hold. Investors and traders should continue to monitor regulatory updates and market signals to navigate this evolving landscape effectively.