Ripple’s Native Token Gains as Regulatory Clarity and ETF Filings Strengthen Market Confidence
XRP (Ripple) rose more than 6% in the past 24 hours, climbing toward $2.48 as renewed optimism around institutional participation fueled bullish sentiment. The Depository Trust & Clearing Corporation (DTCC) officially listed five proposed spot XRP exchange-traded funds (ETFs), marking another step toward greater integration of digital assets within traditional financial markets.
ETF Filings Reinforce Market Confidence
Asset managers including Canary Capital, Bitwise, Franklin Templeton, and 21Shares filed amended S-1 registration statements for their spot XRP ETFs. These filings feature standardized language under SEC’s 8(a) review framework, a move designed to streamline the regulatory process for approval.
“The introduction of standardized ETF language could simplify the SEC’s review process, potentially expediting approval timelines,” explained BitXJournal digital asset strategist. “This shows that the market is evolving toward institutional maturity.”
The news lifted overall sentiment in the altcoin sector, with XRP outperforming most large-cap assets during the session.
Technical Outlook: XRP Forms ‘Higher Highs’ Pattern
From a technical standpoint, XRP’s daily chart shows a bullish market structure, with the token establishing higher highs and higher lows since early November. The price has reclaimed a crucial support zone near $2.20, while buyers are now targeting the $2.80–$3.00 resistance region highlighted in red on the chart.
A confirmed break above $3.00 could open the path toward $3.40, while maintaining support above $2.20 remains essential for sustaining the current uptrend. Trading volume also shows increasing participation, reinforcing the likelihood of continued bullish momentum if macro and regulatory conditions remain favorable.
Experts believe that the combination of ETF progress, Ripple’s growing institutional adoption, and technical strength could position XRP as one of the key altcoins to watch heading into 2026.
The market’s response to DTCC’s listing underscores rising investor confidence in XRP’s long-term role within regulated digital finance.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.