"The token started the period in mid-May 2025 at around $2.55 before slipping to $2.12 in late June (its lowest level of the cycle). Momentum returned through July, pushing prices to $3.28 in early August, just short of the $3.65 all-time high set on July 18. After the summer rally, XRP cooled off. September and October corrections snapped the price back to $2.36, then leveled out in the current range of $2.48-$2.53."
"On November 7, the Depository Trust & Clearing Corporation (DTCC) updated its listings to include several spot XRP ETFs from major issuers such as Franklin Templeton, Bitwise, Canary Capital, and 21Shares. These products remain in "pre-launch" mode, pending SEC approval , but the timing has traders excited. The setup mirrors the same pre-approval stage seen before Bitcoin and Ethereum ETFs went live earlier in 2025."
XRP climbed above $2.50 following multiple spot ETF filings by major asset managers and DTCC listing updates, creating optimism for SEC approval before end of November. Franklin Templeton, Bitwise, Canary Capital and 21Shares submitted pre-launch spot XRP ETF listings on DTCC, triggering a 20-day SEC review window. XRP rose more than 320% over the last year, with price swings from $2.55 in mid-May 2025 to $3.28 in early August and current consolidation near $2.48–$2.53. Growing institutional interest and rising volumes have drawn comparisons to Bitcoin's pre-ETF rally and raised the possibility of testing $3.
Read at 24/7 Wall St.
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