Bitget App
Trade smarter
MarketsTradeFuturesEarnSquareMore
XRP News Today: Institutional Confidence Drives XRP Surge While ETFs Connect Conventional Finance and Crypto

XRP News Today: Institutional Confidence Drives XRP Surge While ETFs Connect Conventional Finance and Crypto

Bitget-RWA2025/11/26 15:44
By:Bitget-RWA

- XRP rebounds above $2.20 after ETF launches boost liquidity and institutional trust. - Standard Chartered partners with 21Shares to custody XRP ETPs, bridging traditional-crypto finance. - Technical indicators show bullish momentum toward $2.60 target despite whale selling pressure. - ETF-driven market structure changes enable regulated institutional access to XRP.

XRP, currently the third-largest digital asset by market value, has bounced back from a crucial support range between $2.00 and $1.96, reigniting confidence among market participants and experts. The coin’s price has risen to approximately $2.20(UTC+8), with bullish investors targeting $2.60(UTC+8) as the next significant resistance. This upward movement comes after several

exchange-traded funds (ETFs) debuted on November 24, including those from Franklin Templeton and Grayscale, which to $2.25(UTC+8) within a matter of days. Now trading on established platforms like NYSE Arca, these ETFs have brought institutional-level liquidity to XRP, a market that has previously faced instability and regulatory challenges.

Technical signals indicate the rally has strength. On-balance volume (OBV) data points to increasing buying interest, with analysts such as Mikybull Crypto describing the trend as "highly bullish"

. XRP’s price has followed a recognizable pattern, recovering from the lower boundary of its multi-month channel and moving closer to the $2.60(UTC+8) midpoint.
XRP News Today: Institutional Confidence Drives XRP Surge While ETFs Connect Conventional Finance and Crypto image 0
Historically, this price zone has served as both a support and resistance level, with analysts like Ali (@ali_charts) observing that toward this important psychological barrier. Still, there are obstacles: XRP remains 15% below its monthly peak and , who have recently sold over 180 million tokens.

Optimism driven by ETFs is further supported by broader institutional moves. Standard Chartered, a leading global bank, has taken on the role of digital asset custodian for 21Shares, a prominent crypto ETP provider. This collaboration, made possible through Standard Chartered’s regulated Luxembourg platform, highlights increasing confidence in XRP’s ecosystem. The development follows

, such as its backing of DeCard, a credit card that allows spending with stablecoins. By safeguarding 21Shares’ XRP ETPs, Standard Chartered is establishing itself as a link between conventional finance and the crypto world, . The bank’s participation marks a shift in the sector, where institutional trust is increasingly associated with regulatory adherence and operational strength.

At the same time, the XRP ETF sector is growing quickly.

with $59 million traded on its first day, while Franklin Templeton and Bitwise are preparing to introduce their own offerings. These ETFs are not only raising XRP’s visibility—they are transforming its market dynamics. Experts point out that to invest in XRP without the need to manage the tokens directly. This ease of access is crucial as global authorities move closer to clear digital asset regulations. The U.S. Securities and Exchange Commission’s approval of XRPC and ongoing reviews of other ETFs products, indicating a growing acceptance of cryptocurrencies in mainstream investment portfolios.

Looking forward, XRP’s future depends on its ability to stay above $2.10(UTC+8) while contending with broader economic pressures. Despite a 50% gain over the past year, its current price of $2.20(UTC+8) is still below the $3.00–$3.40(UTC+8) range seen in late summer. If XRP can successfully break through $2.60(UTC+8), it may prompt a reassessment, especially if ETF inflows continue to outweigh large-scale sell-offs. For now, the market is closely watching whether Standard Chartered’s custodial role and the ETF boom can help stabilize XRP’s price swings and draw sustained institutional investment.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

You may also like

Solana News Update: Crypto Markets Rally and Volatility Rises Following Fed's Dovish Shift Ahead of December Decision

- JPMorgan predicts a 25-basis-point Fed rate cut in December 2025, aligning with 79% market probability via CME FedWatch. - Dovish policy sparks crypto surge: Bitcoin hit $107,000 as lower rates reduce holding costs for non-yielding assets. - Trump-aligned economist Kevin Hassett's potential Fed chair nomination could boost crypto-friendly regulatory approaches. - Market sectors react diversely: tech stocks and fintech gain from cheaper capital, while traditional banks face margin compression. - December

Bitget-RWA2025/11/27 00:00
Solana News Update: Crypto Markets Rally and Volatility Rises Following Fed's Dovish Shift Ahead of December Decision

XRP News Today: Ripple’s XRP-Based Device Seeks Banking License to Challenge Traditional Financial Systems

- Ripple's XRP-powered ecosystem, leveraging blockchain and stablecoins, is positioned to rival JPMorgan and SWIFT through real-time payments and institutional services. - The company has acquired six firms to expand custody, stablecoin, and treasury capabilities, transitioning XRP into institutional markets via DATS and ETFs. - Seeking a U.S. banking charter could make Ripple the first crypto-native entity to operate with bank-grade compliance, accelerating blockchain adoption in finance .

Bitget-RWA2025/11/27 00:00
XRP News Today: Ripple’s XRP-Based Device Seeks Banking License to Challenge Traditional Financial Systems

Bitcoin Updates: Meme Coins Evolve: Shifting from Trend to Foundation

- Shiba Inu (SHIB) stabilizes near $0.0000081 amid 20,000%+ burn rate spikes and $5B market cap rebound. - AlphaPepe (ALPE) gains traction with 3,700+ holders via instant delivery, staking, and $5.81M presale surge. - Bitcoin's golden cross and potential Fed rate cuts fuel broader crypto optimism , with SHIB's $0.0000078–$0.0000085 support zone critical. - Meme coins shift from hype to structured participation, emphasizing functional tokenomics and real-time governance tools like Polymarket.

Bitget-RWA2025/11/26 23:40
Bitcoin Updates: Meme Coins Evolve: Shifting from Trend to Foundation

CryptoAppsy: Experience Instant Access—No Registration Needed, Perfect for Fast-Moving Markets

- CryptoAppsy offers real-time crypto price tracking and alerts via iOS/Android, requiring no account creation, targeting global users in Turkish, English, and Spanish. - Market volatility drives demand for instant data, contrasting with subscription-based models, as seen in GoPlus's 717M monthly API calls and WEEX's 100% APR promotions. - Competitors like BI DeFi emphasize security upgrades post-$15B breach, highlighting crypto's growing focus on risk mitigation alongside innovation. - CryptoAppsy's succe

Bitget-RWA2025/11/26 23:22
CryptoAppsy: Experience Instant Access—No Registration Needed, Perfect for Fast-Moving Markets