XRP News Today: Regulators Shift as Ripple's Legal Win Sparks XRP ETF Surge

Ripple’s XRP has risen to a market capitalization of approximately $193 billion, making it a top 100 global asset and placing it among the largest cryptocurrencies by value [4]. This increase follows a significant regulatory development in the United States, where a federal appeals court issued a mandate formally dismissing the SEC’s long-running case against Ripple Labs. This decision has triggered a "cluster" of amendments to XRP ETF filings from several major asset managers, including Canary, CoinShares, Franklin Templeton, 21Shares, WisdomTree, Grayscale, and Bitwise [1]. These amendments suggest that the firms are adapting their proposals in response to feedback from the SEC and the broader regulatory landscape following Ripple's legal victory.

Analysts are cautiously optimistic about the prospects for XRP ETFs, with a Bloomberg Intelligence report estimating a 95% approval probability for XRP-based funds by late October [1]. This projection is supported by recent movements in the cryptocurrency market, where XRP has gained more than 6% in the past 24 hours, reaching $3.05 per token. This growth is partly attributed to the broader market optimism following Federal Reserve Chair Jerome Powell’s Jackson Hole speech, which hinted at a looser monetary policy [1]. In contrast, over the past 30 days, XRP has experienced a 20% decline, lagging behind Ethereum, which has risen 10% during the same period [3]. This volatility underscores the regulatory uncertainty still surrounding XRP and Ripple, despite the dismissal of the SEC case.

The recent legal developments have also prompted regulatory scrutiny in other regions. For example, the U.S. passing the GENIUS Act, a stablecoin framework, has caused European policymakers to reconsider their approach to digital currencies, including the digital euro. The European Central Bank (ECB) is now evaluating whether to issue its digital euro on public blockchains like Ethereum or Solana, potentially shifting from the private infrastructure previously considered [6]. This change reflects growing global pressure to compete with U.S.-dominated stablecoins such as Tether’s USDT and Circle’s USDC, which have seen increasing use in cross-border transactions and digital asset markets. Ripple, which has long positioned XRP as a faster and cheaper alternative to traditional banking systems, may face further competition if the ECB adopts a blockchain-based digital euro.

The broader cryptocurrency market is also experiencing a surge, with the total market capitalization recently surpassing $4.2 trillion, driven largely by Bitcoin’s dominance, which accounts for more than half of the sector’s value [4]. Ethereum, Solana, and XRP have also contributed to this growth, with Ethereum reaching an all-time high of $4,880.19 in a 24-hour period [5]. This growth is supported by a favorable macroeconomic backdrop, with central banks in the U.S., Europe, and the U.K. signaling dovish monetary policies. The U.S. Federal Reserve, in particular, has hinted at potential rate cuts, which have triggered substantial trading volumes in digital assets.

Looking back, XRP has seen a dramatic rise in the past five years, surging 970% from around $0.30 in 2020 to nearly $3 today [2]. An investment of $500 in XRP at that time would now be worth approximately $5,350. However, many analysts caution that XRP’s future performance may not mirror its past growth, especially as stablecoins and institutional blockchain solutions continue to gain traction. While Ripple’s technology is widely used in cross-border payments, the company’s token, XRP, does not always benefit from this adoption, as many financial institutions use the technology without holding the token itself.

Source: [1] 'Cluster' of amended XRP ETF filings roll in as Ripple seals ... (https://www.dlnews.com/articles/markets/cluster-amended-xrp-etf-filings-roll-in-ripple-sec-dismissal/) [2] If You'd Invested $500 in Cryptocurrency XRP 5 Years Ago ... (https://www.fool.com/investing/2025/08/21/if-youd-invested-500-in-the-cryptocurrency-xrp-5-y/) [3] 1 Key Reason Why XRP Lags Behind Ethereum and Other ... (https://www.nasdaq.com/articles/1-key-reason-why-xrp-lags-behind-ethereum-and-other-top-cryptocurrencies) [4] The Total Market Cap for All Cryptocurrencies Just Passed $4 ... (https://finance.yahoo.com/news/total-market-cap-cryptocurrencies-just-083000741.html) [5] Ethereum hit a new all-time high of $4880.19 with a 14.4% ... (https://www.mitrade.com/insights/news/live-news/article-3-1063257-20250823) [6] U.S. Stablecoin Law Jolts EU Into Rethinking Digital Euro ... (https://www.coindesk.com/policy/2025/08/22/u-s-stablecoin-law-jolts-eu-into-rethinking-digital-euro-strategy-ft)