XRP News Today: XRP's Search Surge Defies Price Slide and Trading Lull

XRP has surged to the top of Coinbase's internal search rankings, surpassing Bitcoin (BTC), Ethereum (ETH), and BNB in user interest over the past 24 hours. According to data shared by community figure Moonkie, XRP attracted 32,000 searches on the platform, outpacing Bitcoin's 26,000, BNB's 22,000, and Ethereum's 18,000 searches during the same period. This marks a significant shift in market attention, with XRP's search volume highlighting renewed investor interest and potential momentum for the asset.

The surge in XRP's popularity aligns with its recent price performance. Over the past year, XRP's price has surged by 449%, climbing from approximately $0.51 to $2.82. This growth outperforms Bitcoin's 162.56% gain and Ethereum's 188.63% increase over the same period, as well as broader market benchmarks by 179.06%. Analysts suggest that the spike in search volume could signal short-term trading activity or anticipation of new developments, such as an XRP-focused exchange-traded fund (ETF).

Speculation about an ETF approval has been amplified by the U.S. Securities and Exchange Commission's (SEC) impending decisions on several XRP-related applications. The regulator's final deadline for these decisions was initially set for late October 2025 but has been delayed due to the U.S. government shutdown. Additionally, the SEC's adoption of Generic Listing Standards has extended its approval timeline indefinitely, allowing regulators to act at any time. Despite these uncertainties, market optimism about an eventual approval remains high, which could drive further interest in XRP.

However, XRP's price has faced recent headwinds. After peaking at $3.65 in July 2025, the token has fallen below $3, trading at $2.82 as of October 9, 2025. This represents a 5.26% decline over the past week and a 1.05% drop in the last 24 hours. Trading volume has also contracted, with XRP's 24-hour volume plunging 36.97% to $4.59 billion. On Coinbase, XRP's trading volume accounted for $180 million, or 3.92% of the total, placing it fourth on the exchange behind Solana, Ethereum, and Bitcoin.

Coinbase's XRP holdings have increased slightly to 16.89 million tokens, a 3.05% rise from October 6, 2025. This growth reflects the platform's strategic allocation of the asset, though it contrasts with the broader market's cautious stance. The broader crypto market has seen a modest correction, with XRP's price decline mirroring trends in other major cryptocurrencies.

The interplay between XRP's search volume and trading activity underscores the asset's dual narrative: high visibility and relatively lower liquidity. While XRP leads in user interest, its trading volume lags behind Bitcoin and Ethereum, which recorded $716.60 million and $578.65 million in trading activity on Coinbase, respectively. This disparity highlights the gap between speculative interest and actual trading demand.

Analysts note that XRP's performance could be influenced by institutional adoption and regulatory clarity. RippleNet, the cross-border payment network developed by Ripple, has expanded its partnerships to over 300 financial institutions across 45+ countries. XRP's utility in facilitating low-cost, high-speed transactions remains a key differentiator, particularly in corridors like the U.S.-Mexico remittance market. However, the asset's long-term trajectory will depend on its ability to convert search-driven interest into sustained institutional demand.

Source: [1] TheCryptoBasic (https://thecryptobasic.com/2025/10/09/xrp-tops-coinbase-search-rankings-outperforms-btc-eth-and-bnb/)