XRP advanced more than 12% between Sunday and Monday, outperforming the broader crypto market as investors positioned for potential exchange-traded fund approvals and a resolution to the US government shutdown.
XRP Gains 12% as ETF Optimism, Policy Clarity Lift Market Sentiment
As of 15:30 UTC, XRP traded at $2.52 after touching $2.57 earlier in the day, its highest level since 30 Oct. The move marked its most substantial one-day gain since early August and extended a two-week uptrend that has seen traders rotate back into large-cap payment tokens.
Policy clarity and liquidity outlook
Market sentiment improved after lawmakers struck a weekend deal to reopen the federal government, ending the longest shutdown in US history. The measure still requires formal approval from both chambers and the president’s signature, but investors interpreted the development as a sign of stability returning to Washington.
The shutdown had delayed parts of the US Securities and Exchange Commission’s review process for pending crypto ETFs, including those linked to Solana, Hedera, and Litecoin. With operations resuming, market participants now expect the agency to accelerate reviews, increasing the likelihood of progress on an XRP-linked fund.
Broad market alignmentThe total crypto market capitalization rose 4.6% from Sunday morning to Monday, reaching nearly $3.6tn, according to CoinGecko. Bitcoin advanced 4.7% to trade above $105,000, Ether added 6.6% to $3,580, and Solana gained 7.1%. Equities also moved higher, with US and European indices rising between 1% and 2% in line with improved global risk sentiment.
ETF expectations and positioningAlthough no new XRP filings were confirmed, optimism that the SEC’s delayed reviews will soon resume helped lift demand. Traders view XRP as a likely next candidate for spot ETF approval, given its established liquidity and regulatory clarity following last year’s partial court ruling in favour of Ripple.
The rally underscores how policy stability and ETF speculation continue to shape crypto market behaviour. If liquidity returns alongside renewed institutional flows, XRP’s relative strength may prove an early signal of shifting investor appetite across the digital-asset landscape.