XRP News Today: XRP's Surge Driven by Institutional Bet on Blockchain-Wall Street Bridge

The XRP token has surged over 10% in the past week, driven by growing institutional interest and regulatory developments that could unlock new investment avenues. According to a new report by analytics firm Messari, XRP closed the third quarter at $2.85, a 29% increase from the previous quarter, with its market cap reaching $170.3 billion, as reported in a Benzinga article. This growth coincides with a record $3 billion in open interest for XRP and Solana futures on the CME, signaling heightened institutional and retail demand for regulated crypto products, according to Coindesk. Analysts attribute the momentum to a combination of factors, including the token's expanding use cases and anticipation of U.S. spot XRP ETF approvals.

A key driver of XRP's recent performance is the surge in real-world asset (RWA) issuance on the XRP Ledger. The XRPL's RWA market cap hit an all-time high of $364.2 million in Q3, a 215% increase from the previous quarter, fueled by tokenized assets like Ondo's OUSG treasury fund and Guggenheim's Digital Commercial Paper, Benzinga reported. This trend aligns with broader market optimism about RWAs as a bridge between traditional finance and blockchain ecosystems. Meanwhile, Ripple's stablecoin RLUSD has grown to a $88.8 million market cap, becoming the largest stablecoin on the XRP Ledger, the Benzinga article added.

Regulatory developments are further amplifying XRP's appeal. Seven U.S. spot XRP ETF applications are pending, with Securities and Exchange Commission (SEC) decisions expected between October 18 and November 14, 2025, the Benzinga piece noted. XRP futures listed on Coinbase and CME now meet the six-month tracking requirement for ETF eligibility, fueling speculation that approvals could arrive by year-end. Polymarket odds of an ETF approval in 2025 stand at 99%, and three Canadian XRP ETFs launched in June, with Brazil's first XRP ETF introduced in April, according to Benzinga.

Institutional adoption is also gaining traction. Over $900 million in XRP acquisitions has been announced in the U.S., led by Trident Digital ($500 million) and Webus International ($300 million), following Michael Saylor's Digital Asset Treasury model, Benzinga reported. Japanese financial giant SBI Holdings reportedly holds over $10 billion in XRP, while other firms like Gumi and Vivopower have made strategic purchases. This institutional buying aligns with XRP's monthly escrow release of 1 billion tokens, alongside a cumulative 14.2 million burned, which has helped curb supply inflation, the Benzinga article said.

The broader crypto market is also benefiting from XRP's rise. Solana's recent ETF launch shattered expectations, with futures open interest surpassing $1 billion in August, the Coindesk report observed. This cross-chain optimism underscores a shift in investor sentiment toward altcoins with clear utility and regulatory clarity. As CME's Global Head of Equity & FX Products Tim McCourt noted at Token2049, regulated futures are becoming a preferred vehicle for managing crypto exposure, Coindesk added.