XRP’s Paradox: ETF Success Meets Market Correction
In a surprising market development on September 29, 2025, XRP experienced a significant 12% price correction despite the successful launch of the first U.S. spot XRP ETF, which set a 2025 record with $37.7 million in opening volume. The cryptocurrency dropped from $3.01 to $2.70 amid heightened trading activity that saw volumes spike to four times the daily average. This divergence between fundamental developments and price action created a complex scenario for investors and analysts alike. The selloff triggered substantial liquidations totaling $7.93 million in long positions, indicating significant market volatility and potential profit-taking behavior. Market observers noted that the ETF's strong opening performance contrasted sharply with XRP's immediate price movement, suggesting that short-term market dynamics may be overshadowing long-term institutional developments. Many analysts maintain a bullish outlook, viewing the current price dip as a potential buying opportunity given the strong ETF launch metrics and growing institutional acceptance. The simultaneous occurrence of record-breaking ETF inflows and price decline highlights the complex interplay between different market forces in the cryptocurrency space. This event underscores how even positive fundamental developments can sometimes trigger counter-intuitive price movements in the highly volatile digital asset markets. The situation presents an interesting case study in market psychology and the timing of price discovery relative to major product launches.
XRP Drops 12% Despite Record ETF Launch as Analysts Remain Bullish
XRP experienced a turbulent trading session, shedding 12% of its value despite the landmark launch of the first U.S. spot XRP ETF. The token plummeted from $3.01 to $2.70, with trading volume spiking to four times the daily average during the selloff. Liquidation of long positions totaled $7.93 million, reflecting market volatility.
Contrasting the price action, the new ETF set a 2025 record with $37.7 million in opening day volume. Institutional interest continues to grow, with plans for tokenized funds on the XRP Ledger platform gaining traction.
Technical analysts remain undeterred by the short-term downturn. Javon Marks projects a potential 226% surge to $9.90, citing strong accumulation patterns and buy signals on the TD Sequential indicator. "A break above could send it towards $20 and higher," Marks noted in a September 19 analysis.
XRP ETF Approval Sparks Market Optimism Amid $100 Price Speculation
The approval of Greyscale's spot ETF has injected fresh enthusiasm into the crypto market, with XRP emerging as a focal point of investor discussions. Analysts are now debating whether institutional inflows could propel Ripple's token to $100 by 2028—a bullish scenario predicated on its growing role in cross-border payments.
XRP currently trades around $2.98, facing resistance at $3.70 and finding support at $3.20. Market observers suggest that if ETF-driven capital mirrors Bitcoin and Ethereum's historical patterns, the asset could test new highs this cycle. Long-term projections remain contentious, with some forecasts reaching $50-$100 contingent on regulatory clarity and adoption milestones.
Ripple continues expanding its banking partnerships, reinforcing XRP's utility thesis. While short-term traders remain cautious about immediate price action, the ETF approval marks a convergence of institutional credibility and speculative potential for the digital asset.
Pro-XRP Lawyer Declares SEC Lawsuit No Longer a Barrier to XRP Growth
Ripple's protracted legal battle with the U.S. Securities and Exchange Commission, once a dominant theme in XRP discussions, has reached its conclusion. The $125 million penalty imposed on Ripple was confirmed paid to the U.S. Treasury on August 18, marking the end of regulatory uncertainty.
Bill Morgan, a prominent XRP advocate, asserts the lawsuit can no longer serve as justification for lackluster price performance or sluggish adoption. "The excuse has run its course," Morgan stated, signaling a new chapter for the digital asset free from legal overhang.
Market observers now turn their attention to how XRP will perform absent its longstanding regulatory constraints. With the settlement finalized, the focus shifts to organic adoption and market dynamics rather than legal proceedings.
XRP Holders Gain Access to 8% Yield Through New Liquid Staking Token
Midas, a real-world asset (RWA) focused project, in collaboration with Interop Labs, has launched mXRP—a liquid-staking product designed to unlock yield from dormant XRP holdings. Announced at XRPL Seoul 2025, the token offers targeted net returns of 6%-8% through strategies like market-making and liquidity provisioning.
The mXRP token is minted on XRP Ledger's EVM via audited smart contracts, bridging and wrapping XRP under Midas' tokenized certificate framework. "Much of the XRP supply has been dormant for years; mXRP provides a transparent mechanism for users to access on-chain strategies," said Dennis Dinkelmeyer, CEO of Midas. The product is fully integrated with XRPL's EVM ecosystem, enabling deployment across DeFi protocols for additional yield opportunities.
XRP Consolidates as PayFi Altcoin Remittix Gains Traction
XRP's price hovered between $2.95 and $3.05, signaling consolidation after recent volatility. The token's stability contrasts with emerging PayFi projects like Remittix, which aims to disrupt cross-border payments.
XRP currently trades at $2.97, down 0.17%, with a $177.99 billion market cap. Daily volume fell 17.23% to $3.37 billion, reflecting cautious investor sentiment. The network's utility in institutional cross-border transactions maintains its position as a crypto heavyweight.
Market attention is dividing between established assets and innovative alternatives. Remittix, priced at $0.10 with a $4 target, represents the growing cohort of payment-focused challengers. Its ascent mirrors broader industry momentum toward financial infrastructure solutions.
XRP ETF Launches with Record Volume but Price Retreats Below $3 Amid Institutional Sell-Off
XRP's much-anticipated ETF debut saw fireworks in trading volume but fizzled in price action. The token briefly surged past $3.00 on September 21 before plunging to $2.91 overnight, despite the ETF notching a record $37.7 million in opening-day volume—the strongest ETF launch of 2025.
The reversal stemmed from institutional profit-taking, with analysts noting large players capitalized on ETF enthusiasm to exit positions. Cascading liquidations wiped nearly $8 million in long positions, accelerating the decline. The midnight session proved particularly brutal as XRP tumbled from $2.97 to $2.91 in minutes, with 261 million tokens changing hands—four times the daily average.
While XRP pared losses slightly to $2.94 before settling at $2.92, it failed to reclaim the psychologically important $3.00 level. Traders now identify a resistance cluster forming just below this threshold, potentially capping upside until fresh catalysts emerge.