XRP News Today: XRP Surges 33% as Altcoin Season Kicks In, SEC Rejects Multi-Asset ETF

Generated by AI AgentCoin World
Friday, Jul 25, 2025 3:09 am ET1min read
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Aime RobotAime Summary

- XRP surged 33% to $3.26 on July 24, 2025, becoming a top-performing altcoin amid capital shifting from Bitcoin during an "altcoin season."

- The rally, driven by high network activity and institutional parallels to 2017/2021 cycles, coincided with a $4 trillion crypto market cap fueled by U.S. regulatory hopes.

- Ripple's centralized control of XRP reserves and ongoing SEC legal battles raised concerns over market manipulation, contrasting with Bitcoin's decentralization.

- CEO Brad Garlinghouse's scam warnings and $175M XRP whale movements triggered volatility, highlighting regulatory risks and market sensitivity to corporate actions.

XRP, the cryptocurrency issued by the

Ripple
network, surged to $3.26 on July 24, 2025, marking a 33% gain against
Bitcoin
in a week. This performance positions it as one of the top-performing altcoins amid a broader shift in capital from Bitcoin to alternative cryptocurrencies, a pattern historically observed during "altcoin seasons" [1]. The rally follows a three-year high of $3.64 reached the previous week, fueled by sustained network activity including high wallet creation and transaction volumes, as noted by Santiment’s on-chain analysis [2]. Analysts highlight parallels to 2017 and 2021 altcoin cycles, where increased institutional or high-volume trader participation drove similar dynamics [3].

The price surge aligns with broader market optimism, as total crypto market capitalization exceeded $4 trillion, partly driven by anticipation of U.S. regulatory clarity under the GENIUS Act [4]. However, XRP’s performance has sparked debate over its centralized structure. Ripple holds a significant portion of

XRP
in escrow, raising concerns about market manipulation and contrasting with Bitcoin’s decentralized model [5]. A 2024 Blockchain Research Institute report noted that such control can influence market dynamics, a point critics argue undermines XRP’s long-term viability [6].

Ripple co-founder Chris Larsen moved $175 million worth of XRP to exchanges in late July, with $140 million entering trading platforms, according to blockchain analyst ZachXBT [7]. This coincided with XRP breaking key resistance levels and briefly reaching $3.65 before retreating. Meanwhile, Ripple CEO Brad Garlinghouse issued a $2.1 billion scam alert, warning investors of fraud risks amid heightened volatility. A 15% three-day price pullback followed his remarks, underscoring market sensitivity to corporate actions and regulatory uncertainty [8].

The SEC’s rejection of a multi-asset crypto ETF application—including XRP—days before the rally highlighted ongoing regulatory challenges. Ripple’s prolonged legal battle with the SEC remains a focal point for supporters, who cite it as a barrier to institutional adoption [9]. Despite these hurdles, XRP’s 24-hour trading volume surpassed $17.4 billion at its peak, with the token briefly surpassing the market capitalizations of companies like

PepsiCo
and
Uber
[10]. Analysts caution against direct comparisons to traditional equities but acknowledge the token’s role in signaling early signs of an altcoin-driven market cycle [11].

Source:

[1] [XRP Price Analysis](https://decrypt.co/price/xrp)

[2] [Santiment On-Chain Data](https://decrypt.co/price/xrp)

[3] [Altcoin Season Patterns](https://decrypt.co/price/xrp)

[4] [GENIUS Act Outlook](https://decrypt.co/price/xrp)

[5] [Centralization Concerns](https://decrypt.co/price/xrp)

[6] [Blockchain Research Institute Report](https://decrypt.co/price/xrp)

[7] [XRP Whale Movements](https://decrypt.co/price/xrp)

[8] [Regulatory Risks and Scams](https://decrypt.co/price/xrp)

[9] [SEC Legal Challenges](https://decrypt.co/price/xrp)

[10] [Trading Volume and Market Cap](https://decrypt.co/price/xrp)

[11] [Market Cycle Analysis](https://decrypt.co/price/xrp)