XRP News Today: XRP Soars 9.7% as ETF Approval Odds Rise and Institutional Interest Grows

Ripple’s XRP, Stellar (XLM), and Cardano (ADA) emerged as top performers in Grayscale Investments’ latest weekly ranking of leading cryptocurrencies, as the market anticipates a regulatory decision on spot exchange-traded funds (ETFs). The rankings highlight investor demand for altcoins amid growing speculation around ETF approvals. XRP led the pack with a 9.7% gain in the previous week, bringing its year-to-date return to 59.4% and a market capitalization of $196.4 billion. Stellar followed closely with a 9.1% weekly increase and a 31.8% annual return, while Cardano added 6.3% in the week, reducing its year-to-date losses to 6.8% [1].

The surge in interest is underscored by rising approval odds for XRP and Cardano ETFs, according to Polymarket data. XRP’s chances of ETF approval stood at 81% as of August 2025, following the resolution of its long-standing legal dispute with the U.S. Securities and Exchange Commission (SEC). Cardano’s odds were at 75%, reflecting growing optimism among investors [1]. Solana’s ETF approval odds were even higher, reaching 99% [1].

Futures-based ETFs linked to XRP and Solana have also seen record trading volumes of nearly $3 billion recently, signaling increased liquidity and market confidence ahead of potential spot ETF launches. These products track the price of futures contracts rather than the underlying cryptocurrency, offering an alternative to direct token ownership. The performance of such funds is often viewed as a precursor to regulatory scrutiny for spot ETFs, which require proof of market depth, price discovery, and robust risk management before approval [1].

Analysts have noted that the movement of 200 million ADA—worth $157 million—into whale wallets within 48 hours points to strong institutional interest ahead of possible ETF approval. This development has pushed Cardano’s market price near $0.74, where it faces critical resistance levels that could shape its short-term performance [1].

Grayscale’s rankings are widely regarded as a barometer for institutional and retail sentiment in the crypto market. The firm’s spotlight on XRP and Cardano reflects a broader trend of strategic positioning ahead of regulatory clarity. While delays in the approval of certain ETFs, such as those for Avalanche (AVAX), have created uncertainty, XRP and Cardano continue to gain traction among investors.

XRP’s performance has been particularly notable, with the token reaching $3.10 amid heightened ETF speculation. The increased visibility has drawn interest from both retail and institutional investors, reinforcing the narrative that regulatory developments could significantly impact market dynamics [1].

The market remains on edge as the August timeframe is seen as pivotal for potential ETF approvals. If successful, these products could unlock broader institutional participation and reshape the crypto investment landscape.

[1] Source: Cardano Fear and Greed Index | Multiple Timeframes (https://cfgi.io/cardano-fear-greed-index/)

[3] Source: Twin Peaks Digital 1 Web3 Digital Marketing Agency |Crypto (https://twinpeaksdigital.net/)