XRP Surges Over 10% After U.S. ETF Launch Sparks Bullish Momentum

Ripple’s XRP is experiencing a strong rebound, climbing 10.46% to $2.05 as investor sentiment improves following the launch of the first U.S.-based XRP ETF. This surge is accompanied by a 37.92% spike in trading volume, which now exceeds $8.92 billion, according to CoinMarketCap. The sharp increase in activity highlights renewed optimism around XRP’s long-term potential, especially after a volatile week where the token struggled to break past the $1.80 resistance level.

The key driver behind this bullish momentum is the debut of the Teucrium 2x Long Daily XRP ETF (XXRP). Despite being a synthetic product based on swaps that mimic XRP’s performance rather than direct holdings, the ETF saw a strong first-day trading volume of over $5 million. Analysts view this as a “respectable” launch, signaling growing institutional interest in XRP-based investment products. The ETF’s performance appears to be directly influencing spot market activity, pushing both volume and price higher.

This development comes at a crucial time, as broader crypto markets were weighed down by fears such as potential tariff impacts. The XRP ETF launch has helped shift market sentiment, acting as a catalyst for a potential altcoin breakout. Community excitement has also been fueled by large XRP transfers, including one involving 230 million tokens, sparking speculation on future market moves.

With the successful ETF debut, market watchers anticipate additional XRP-based financial products in the near future, which could further solidify Ripple’s position in institutional portfolios. If current momentum holds, XRP may be on track for a sustained rally, reinforcing its place among top-performing altcoins in 2025. Investors are now closely watching for confirmation of a long-term bullish trend as institutional demand continues to build.