XRP News Today: XRP Futures Hit Record Volume Amid ETF Approval Hopes and Growing Institutional Adoption

July 2025 saw a notable surge in trading activity for XRP futures, as reported by CME Group [1], marking record highs in both trading volume and open interest. This spike was attributed to growing optimism around the potential approval of an XRP-based Exchange-Traded Fund (ETF) in the United States, which is anticipated to enhance XRP’s visibility and accessibility to a broader range of investors [1]. The heightened interest from both institutional and retail traders reflected a strengthening market perception of XRP as a viable asset class within the evolving cryptocurrency landscape [2].

The anticipation of an ETF approval has been a primary catalyst for the recent momentum, with analysts suggesting that such a development could unlock new liquidity and attract a wave of institutional capital [1]. Financial experts project that if the U.S. regulatory environment continues its current trajectory, an XRP ETF could receive approval by as early as 2025 [1]. The resolution of legal disputes involving Ripple, including the ongoing case with the SEC, is seen as a critical factor in determining the pace of such regulatory advancements [1].

Institutional adoption has further amplified XRP’s profile. Ripple’s XRP Ledger has been increasingly utilized for cross-border payments, with the token serving as a bridge currency in real-time settlements. Ripple’s Chief Technology Officer, David Schwartz, has emphasized XRP’s unique value proposition in this context, noting its efficiency and scalability compared to other digital assets [3]. The potential for partnerships with major payment processors like Western Union and MoneyGram has also raised expectations for a significant increase in XRP’s demand [2].

On-chain data has also reflected the growing interest in XRP. A recent $246 million XRP withdrawal from a large holder was reported, suggesting that major investors may be positioning for a potential price surge [4]. Additionally, XRP’s trading volume on Kraken exceeded that of Solana for the first time, indicating increasing retail and institutional participation [5].

While XRP’s price dipped below $3 in early July, analysts remain optimistic about its future trajectory. If XRP closes above $3.03 for the month, it could signal the start of a sustained uptrend [6]. Some forecasts suggest that, under continued favorable market conditions, XRP could reach as high as $15–$17 [7], surpassing its historical price levels.

The broader macroeconomic climate, including inflationary pressures and Federal Reserve policy, has influenced investor sentiment. However, XRP’s strong on-chain activity and growing institutional adoption suggest it is well-positioned to outperform other major cryptocurrencies in the coming months, assuming regulatory clarity continues to improve [1].

Source:

[1] https://www.ainvest.com/news/xrp-drops-2-293-bullish-pennant-breakout-11-target-set-2508/

[2] https://thecryptobasic.com/2025/08/01/how-high-could-xrp-go-if-western-union-and-moneygram-start-using-it-for-settlements/

[4] https://www.tradingview.com/news/u_today:743f21524094b:0-246-million-in-xrp-moved-at-once-what-s-happening/

[5] https://www.binance.com/square/post/27696980719386

[6] https://m.economictimes.com/news/international/us/crypto-darling-xrp-under-pressure-price-dips-below-3-whats-causing-the-drop-is-a-massive-selloff-coming/articleshow/123042471.cms

[7] https://coinpaper.com/10302/15-still-in-sight-for-xrp-as-long-as-2-47-holds-the-line