XRP Overtakes Solana in Trading Volume

by Ouess

XRP’s price soared 13% following the SEC’s decision to drop its case against Ripple Labs. This legal victory has sparked optimism in the crypto market, with many anticipating an XRP ETF approval in 2025.

XRP Overtakes Solana in Trading Volume

Ripple’s XRP has surpassed Solana (SOL) in spot trading volume, now controlling over 50% of market activity. Previously, SOL dominated with 70-80% of total volume.

With regulatory uncertainty fading, prediction markets have increased the odds of an XRP ETF approval to 83% by the end of 2025, according to blockchain analytics firm Kaiko.

Source : Polymarket

Analysts Expect XRP ETF Approval

Kaiko analysts believe that XRP market activity is not just a temporary spike. Liquidity has improved, with market depth surpassing Solana, signaling growing investor confidence.

The Chicago Mercantile Exchange (CME) had previously hinted at XRP futures, and with regulatory clarity, new financial products could launch soon.

Ripple CEO Hints at 2025 XRP ETFs

Ripple CEO Brad Garlinghouse recently suggested that XRP ETFs could debut by late 2025. At least ten XRP ETF applications are awaiting SEC approval, including spot, leveraged, and inverse funds. Franklin Templeton is among the latest firms to apply.

With the regulatory hurdle cleared, the crypto market is watching closely to see if XRP ETFs will follow Bitcoin’s lead into mainstream investment.

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