Overview

• XRP is holding near $3.00–$3.02 after a breakout, with daily trading volumes reported around $4.2–$4.9 billion.
• CryptoQuant data show exchange-held XRP rose to about 16.36 billion after roughly 3.3 billion tokens moved onto venues in two days, reversing months of declines and reaching a seven‑month high.
• The SEC extended its review of the Franklin spot XRP ETF by 60 days to November 14, 2025, keeping a key regulatory catalyst on hold.
• CME open interest for XRP futures rose about 74% month over month to 386 million XRP, signaling increased institutional and derivatives participation.
• Analysts flag $3.08–$3.27 as near-term levels with $3.13 viewed as pivotal for trend confirmation, noting upside scenarios toward $3.66–$4.50 and downside risks if rejection triggers a deeper pullback.