11.09.2025 13:22
From internet sources, an intriguing development has emerged: XRP's exchange reserves have ascended to a seven-month apex, reaching a significant 16.36 billion tokens, coinciding with a notable delay in crucial SEC ETF decisions.
The recent surge in XRP reserves on exchanges, now standing at a considerable 16.36 billion, signals a potential uptick in market volatility. Data culled from CryptoQuant indicates a sustained decline in these reserves from a high of 18.2 billion XRP in November 2024, dipping to 13 billion by early September 2025. However, this downward trajectory experienced an abrupt reversal as an influx of 3.3 billion XRP was deposited onto exchanges within a mere two-day span, propelling reserves to their current seven-month zenith. Such pronounced increases in exchange holdings are frequently observed as precursors to heightened price fluctuations. Consequently, market observers are cautioning that a period of elevated uncertainty may be on the horizon due to this substantial inflow.
Adding another layer of complexity to the XRP landscape, the United States Securities and Exchange Commission (SEC) has once again deferred its verdict on multiple spot XRP exchange-traded fund (ETF) applications. Among these pending filings, the Franklin XRP ETF, initially presented in March 2025, faces an extended review period, with the SEC now slated to conclude its evaluation of Cboe BZX's proposal to list the Franklin XRP ETF on November 14, 2025. This extension, announced on September 10, pushed the decision deadline from the initial September 15 date back by 60 days. Other XRP ETF applications are anticipated for review in October, though it's worth noting that market sentiment, as reflected by Polymarket data, currently indicates a strong 90% probability of a spot XRP ETF receiving approval by the close of the year.
Despite the regulatory hesitations surrounding ETF approvals, XRP's market performance remains robust, with the token presently trading above the $3 mark and boasting a substantial market capitalization of $180 billion. At the time of this report, XRP was valued at $3.02, reflecting a modest 1.8% increase over the preceding 24 hours, demonstrating resilience amidst the evolving regulatory environment.
