As the ETF narrative accelerates and macro tensions ease, XRP could be entering a pivotal price phase—where Main Street meets institutional momentum. The token extended its winning streak to three sessions on Saturday, October 25, as the demand outlook shifted, lifting the token higher.
Several key events have boosted sentiment toward XRP, helping it reclaim the $2.6 handle.
Crucially, XRP has outperformed Bitcoin (BTC) and the broader crypto market this week, currently up 9.25%. By comparison, BTC has gained 2.52%.
Ripple announced the closing of the Hidden Road deal and rebrand to Ripple Prime, triggering a price breakout from sub-$2.4 levels on Friday, October 24. CEO Brad Garlinghouse addressed any misconceptions about the deal not fueling XRP utilization, tilting the supply-demand outlook firmly in the token’s favor.
The conclusion of the SEC vs. Ripple case, following the SEC dropping its appeal against the Programmatic Sales of XRP ruling, has given Ripple traction in linking DeFi with TradFi.
Ripple Prime’s anticipated utilization of XRP and Evernorth’s bid to raise over $1 billion to establish the world’s largest XRP treasury reserve could trigger institutional demand.
Importantly, Ripple’s expansion onto Main Street and treasury reserve news could set the stage for a surge in demand for XRP-spot ETFs after the expected launch.
On Thursday, October 23, the Rex-Osprey XRP ETF (XRPR) AUM passed the $100 million mark. The AUM surge underscored robust demand for spot exposure to XRP. Rex Shares stated:
“We are proud to announce that REX-Osprey XRP ETF, XRPR, has surpassed $100 million in AUM as of 10/23/2025. XRPR is the first US ETF to provide investors with spot exposure to XRP.”
These figures reinforced Canary Capital CEO Steven McClurg’s bullish outlook on XRP-spot ETF demand. Talking on the Paul Barron Network, he adjusted his $5 billion forecast for XRP-spot ETF inflows in the first month, stating:
“I may have been a little bearish. We’re going to hold to that number. If it hits that number, at least I’ll be right, and if it’s $10 billion, then I’m still right because we got at least $5 billion. If we saw that kind of inflow, I think it would definitely be in the top 20 ETFs of all time, if not in the top 10.”
McClurg called $5 billion of inflows into XRP-spot ETFs in month one as a safe bet.
CME Group’s XRP futures volume has soared since launching in May 2025, underscoring institutional demand.
XRP gained 3.42% on Saturday, October 25, following the previous day’s 4.84% rally, closing at $2.5967. The token outperformed the broader crypto market, which climbed 0.62%. The extended gains sent XRP above the 200-day Exponential Moving Average (EMA). However, the token remains below the 50-day EMA, signaling a near-term bearish bias. An XRP-spot ETF could potentially alter the price dynamics.
Key technical levels to watch include:
In the upcoming sessions, several scenarios could influence near-term price trends:
Bearish Scenario: Risks Below $2.5
These bearish events could push the token below the $2.5 level, exposing the $2.35 support level. If breached, $2.2 would be the next key support level.
Bullish Scenario: Path to $3 Gains Traction
These bullish scenarios could trigger a breakout from the $2.62 level. A sustained move through $2.62 would pave the way toward the $3.0 psychological level.
XRP’s near-term price trajectory hinges on spot ETF flow trends. Traders will closely watch developments on Capitol Hill. An extended government shutdown would further delay spot ETF launches, potentially capping gains.
However, increasing institutional demand and greater utility should provide price support.
Meanwhile, traders should closely monitor US-China trade headlines. While a trade agreement could boost demand for risk assets, stalled trade talks may weigh on sentiment.
With over 28 years of experience in the financial industry, Bob has worked with various global rating agencies and multinational banks. Currently he is covering currencies, commodities, alternative asset classes and global equities, focusing mostly on European and Asian markets.