XRP has become a focal point of the crypto market this week, experiencing a significant rally and a surge in speculative activity. This momentum is driven by two key factors: a major shift in trader behavior and the launch of the first U.S. spot exchange-traded funds (ETFs) for XRP and Dogecoin.
According to market analyst Degen, speculative capital has rotated sharply into XRP futures. While Bitcoin is in a consolidation phase and Solana is facing selling pressure, traders are increasingly using XRP for leveraged, short-term opportunities. This is evidenced by the rising open interest in XRP perpetual swaps while contracts for Bitcoin and Solana are in decline. This trend highlights how traders are chasing momentum across the crypto market. The rising futures activity in XRP suggests intensifying speculative interest, which could lead to both sharp rallies and swift corrections.
The influx of speculative capital coincided with a landmark development: the launch of the first-ever spot XRP ETFs and Dogecoin ETFs in the U.S. by investment firm REX-Osprey. This milestone enhanced XRP's legitimacy and accessibility, allowing U.S. investors to gain regulated exposure without directly holding the token.
Following the ETF launch, XRP's price soared to $3.13, adding over $5 billion to its market capitalization in less than 24 hours. Analysts believe the rally was no coincidence, as the ETF launch boosted demand and sparked speculative buying. This influx of capital into both spot and derivatives markets led to one of XRP's strongest single-day gains this year.
In conclusion, XRP's recent surge underscores the growing influence of regulated investment products on the crypto market. The combination of its new regulated access and its rising prominence as a tactical play in crypto derivatives is positioning XRP as a key player in the evolving digital asset landscape.
September 2025, Cryptoniteuae