07.09.2025 18:44
Here's a reimagining of the news article in English, incorporating diverse sentence structures and avoiding direct references to BitcoinEthereumNews.com or similar sources:
XRP's Price Soars: A Sudden Surge Fueled by Market Activity
The digital asset XRP, closely associated with Ripple, is currently witnessing a noticeable surge in buying activity, attracting considerable investor interest. Within a remarkably short timeframe, less than ten minutes, the token observed a net buy pressure exceeding a substantial $10 million. Furthermore, this upward trend was particularly pronounced with a significant $3 million XRP market buy order executed on Binance perpetual futures.
Notably, this substantial order was completed with astounding speed, achieving execution in a mere 100 milliseconds. This rapid transaction effectively absorbed a considerable amount of sell-side liquidity within the market, subsequently propelling the price of the cryptocurrency to an intraday peak of $2.91. Presently, according to data provided by CoinGecko, XRP is trading at approximately $2.86, having retreated slightly from its peak gains.
Bullish Factors Driving XRP's Momentum
Despite the generally bearish tendencies often associated with Bitcoin and other prominent cryptocurrencies during the month of September, there is a compelling possibility that XRP could defy this trend and potentially demonstrate superior performance in October.
Moreover, according to information gathered from internet sources, the Securities and Exchange Commission (SEC) is widely anticipated to approve XRP-based Exchange Traded Funds (ETFs) during the fourth quarter of the current year. Key financial entities, including Franklin Templeton and Bitwise, have entered the arena, while prominent firms such as BlackRock and Fidelity have yet to participate.
Should these XRP ETFs validate the positive expectations and significantly surpass anticipated inflow levels, this could establish a potent and compelling narrative for the token, potentially paving the path towards a historic price rally and the attainment of a new all-time high.