XRP ETF Momentum Fuels On-Chain Activity Surge

XRP is capturing renewed investor attention as XRP ETF momentum spurs a wave of heightened on-chain activity. The recent regulatory breakthrough from the U.S. Securities and Exchange Commission (SEC) — approving the transformation of Grayscale’s Digital Large Cap Fund into a spot ETF — has propelled XRP’s visibility dramatically, placing it alongside heavyweights like Bitcoin, Ethereum, Solana, and Cardano.

The announcement was quickly followed by a notable uptick in XRP-related speculation and blockchain engagement, positioning XRP as the central figure in the growing ETF narrative. This excitement is not just speculative chatter — quantifiable metrics are affirming XRP’s expanding prominence. According to Glassnode, XRP’s funding rate now sits at 0.0093%, the highest amongst top-tier Layer-1 assets, showcasing traders’ willingness to incur additional costs to maintain long positions.

This rising funding rate is a strong indication of investor optimism, reflecting confidence that XRP may soon receive formal ETF inclusion. Further corroborating this sentiment, XRP’s open interest in futures has hit $2.9 billion, signaling a surge in leveraged exposure as analytical traders prepare for a probable upswing.

Interestingly, similar trends were observed for other digital assets such as Ethereum and Solana. Yet XRP has taken the lead, with a dramatic rise in on-chain volume — showcasing a 637% increase within just one day. This exponential activity surge not only surpasses its competitors in intensity but also illustrates the blockchain community’s response to the ETF-driven momentum.

Despite the climbing volume, XRP’s daily active address count experienced a 34% decline. However, this dip is perceived as a usual trend during early-phase accumulation, particularly when institutional players or large-scale investors execute strategic positioning instead of retail trading patterns. Analysts suggest that this behavior indicates a shift toward more structured holdings rather than scattered short-term participation.

Moreover, a key metric offering insight into market dynamics is the profitability ratio. Approximately 80% of XRP’s circulating supply remains profitable at current valuation levels, significantly reducing sell pressure. This setup creates a fertile environment for price stability and potential growth, especially if demand continues to rise as ETF developments unfold.

Presently, XRP is maintaining a solid footing near $2.18, achieving a breakout not witnessed in months. This value consolidation amid higher speculative and institutional interest represents more than just a temporary lift — it signifies a foundational transformation from short-term volatility toward strategic accumulation. The transition toward ETF inclusion may not only bring structural investment inflows but also redefine how XRP integrates within mainstream financial infrastructures.

As the ETF narrative extends beyond headlines into real regulatory action, XRP’s role continues to evolve rapidly. With robust blockchain fundamentals, positive investor sentiment, and institutional tailwinds, Ripple’s native token stands on the cusp of a potentially transformative phase.

Related: Expert Advice: Sell XRP If You’re Confused

The shift from speculative trading to calculated strategic placement could mark a defining moment in XRP’s long-standing pursuit of wider financial legitimacy. As the ETF process progresses, all eyes will remain fixed on how Ripple and XRP capitalize on this unprecedented momentum.