Over the last 24 hours, Ripple-backed XRP has experienced a dramatic surge in payments volume. This surge is earmarked as the largest 24-hour spike for XRP since the beginning of 2025. With the coin now experiencing a dramatic surge in on-chain metrics, the coin could be set for a wild recovery.
XRP is also facing heightened optimism regarding the potential approval of an Ripple-based exchange traded fund (ETF). Nate Geraci, the host at ETF Prime Podcast, believes that the approval is now 100% certain.
XRP Payments Volume Tops 2.15B
The payments volume (movement of coins from one account to another) had dipped significantly as August came to an end. However, over the last 24 hours, XRP’s payment volume skyrocketed to 2.15 billion as per data by XRP Scan.
This surge in Ripple’s payment volume from one account to another marked the largest 24-hour spike in 2025. Furthermore, it reached more than double the average daily volumes recorded in the month of August.
With XRP dipping previously, the spike in Payments volume means that buyers have stepped up to prevent further plunge. In fact, the coin was teasing a breach of the $2.70 support but the spike in on-chain activity has pushed the price of XRP to $2.81 as of this writing.
Expert Insinuates XRP ETF Approval in 2025 is 100% Certain
Besides a spike in on-chain volume, the odds of approval of a Ripple ETF in 2025 is driving optimism around the coin. According to data by polymarket, the odds for a XRP ETF approval by December 31, 2025 sit at 87%.
The current level marks a significant surge since the odds had dipped to 52% in the first week of August. This surge also marks rising optimism as we are just six weeks away from the October deadline, when the market expects the US SEC to issue their decision on Ripple ETFs.
Furthermore, Nate Geraci – the host at ETF Prime Podcast – is convinced that Ripple ETF approval is 100% certain before the end of the year. In a post on X, Nate wrote: “Xrp ETF 2025 approval odds at 87% on polymarket…Personally think closer to 100%.”
In October, the market is expecting the SEC to issue their final verdict on several XRP ETFs. Grayscale is set to go first on October 18, followed by 21Shares and Bitwise. Then CoinShares and Canary Capital will follow and WisdomTree will come last on October 24.
What’s Next for Ripple?
An approval of any of the Ripple ETFs could serve as a major boost for the price of Ripple. Coupled with rising on-chain activity, XRP could surge to unprecedented heights especially due to adoption by institutional investors.
At the moment, analysts believe that XRP could rally to $10 this cycle. For example, Cryptollica predicts that Ripple could reach $10 based off a bullish pattern on the monthly chart. However, such a rally must be backed by strong demand for the cryptocurrency.
