XRP Today News: Surpassing BNB to reclaim fourth place, US-China trade agreement pushes pump to 2.80 USD

U.S. Treasury Secretary Yellen stated that the U.S.-China framework trade agreement has made “substantial” progress, boosting demand for risk assets. XRP has reclaimed the $2.65 level for the first time since the flash crash on October 10, surpassing BNB over the weekend and regaining the fourth position in market capitalization. Technical indicators show that XRP has broken through the 200-day EMA, targeting $2.80, with a further look at the psychological barrier of $3.0.

The framework of the China-U.S. trade agreement promotes a four-day rise for XRP, breaking through 2.65 dollars

According to reports from multiple media outlets, trade negotiation representatives reached a consensus on the China-U.S. framework trade agreement on Sunday, October 26, boosting demand for risk assets. XRP has recovered the $2.65 level for the first time since the flash crash on October 10. After President Trump threatened to raise tariffs on Chinese goods by another 100%, XRP fell to an 11-month low on October 10. XRP is very sensitive to China-U.S. trade news because Ripple's cross-border payment solutions rely on the smooth flow of global trade.

It is worth noting that, influenced by this news, Bitcoin (BTC) briefly broke through $115,000. Meanwhile, due to weakened demand for safe-haven assets, gold prices fell by 1% during early trading on Monday, October 27, to $4,071. This phenomenon of capital flowing from safe-haven assets to risk assets highlights the positive impact of the China-U.S. trade agreement on market sentiment. When geopolitical risks decrease, investors are willing to take on more risk, rotating from gold to cryptocurrencies.

The development of Sino-U.S. trade aligns with the U.S. inflation data for September, enhancing expectations for consecutive interest rate cuts by the Federal Reserve in October and December. The White House's rapid response official account “Rapid Response 47” quoted U.S. Treasury Secretary Scott Bessent as saying, “I believe we have laid the groundwork for a productive meeting between the two leaders — I think this will be a good thing for American citizens, American farmers, and the entire country.” The Xi-Trump meeting will take place on October 30, which may bring an end to the U.S.-China trade war.

BCR Market Insight commented on trade headlines and the September U.S. inflation report: “The U.S. consumer price index came in below expectations, and a trade agreement between the U.S. and China is on the verge of being reached—risk has already begun to manifest at the start of this week. It's hard to know what factors will drag down this risk train! The outlook for the end of the year looks very optimistic.” This market analysis reflects the current optimistic sentiment, with dual positives (trade agreement + interest rate cut expectations) potentially driving risk assets, including XRP, to continue rising.

On Sunday, October 26, XRP continued its upward momentum, rising for four consecutive trading days. This sustained upward momentum indicates that market confidence in XRP is recovering. From a technical perspective, the four consecutive days of green candles combined with increased trading volume are typical trend confirmation signals. If this momentum continues, XRP may challenge higher resistance levels in the short term.

XRP Today News: $26.9 Billion Futures and $100 Million ETF

Today's news about XRP shows multiple evidence of surging institutional demand. According to reports, since May 2025, the nominal trading volume of XRP futures and options on the Chicago Mercantile Exchange (CME) has reached $26.9 billion, setting a historical record. This figure is extremely impressive, as CME is the world's largest derivatives exchange, and the success of its XRP products indicates that institutional investors' interest in XRP is growing rapidly.

Hidden Road transaction has been completed and has been renamed Ripple Prime, which is expected to enhance the usage of XRP on Main Street. This renaming is not only a brand adjustment but also part of Ripple's strategic expansion. Ripple Prime will provide institutional investors with liquidity, custody, and trading services for XRP, lowering the barriers for institutions to participate in the XRP market. When mainstream financial institutions can access XRP through compliant channels, adoption may grow exponentially.

Evernorth, supported by Ripple, announced plans to raise over $1 billion to create the world's largest XRP treasury reserve. If this $1 billion target is achieved, Evernorth will become the second largest XRP holding entity, behind Ripple itself. Large-scale accumulation at the institutional level will significantly drive XRP prices from a supply and demand perspective.

The Rex-Osprey XRP ETF report states that its AUM exceeded $100 million in the first month of trading. This is one of the most significant milestones in today's news about XRP. Although $100 million is still small compared to the hundreds of billions of dollars in Bitcoin ETFs, it is an important indication of institutional product market acceptance for XRP. The first month's breakthrough of $100 million shows strong demand from investors for the XRP ETF, and if the US spot XRP ETF is approved, capital inflow could far exceed current levels.

Four Major Evidence of XRP Institutional Demand:

CME Futures: $26.9 billion notional trading volume (cumulative since May)

Ripple Prime: Hidden Road renamed, institutional services upgraded

Evernorth Treasury: Plans to raise $1 billion to create the world's largest XRP reserve

Rex-Osprey ETF: First month AUM exceeded 100 million USD

Technical Analysis: 200-day EMA Breakthrough Target 2.80 USD

(Source: Trading View)

On October 26, XRP rose by 1.88%, closing at $2.6456, after an increase of 3.42% the previous day. Despite the increase on Sunday, XRP's performance still lagged behind the overall cryptocurrency market, which rose by 2.83%. XRP has risen for four consecutive days, breaking through the 200-day Exponential Moving Average (EMA). However, the token remains below the 50-day EMA, indicating a bearish tendency in the short term. If the Senate can pass the temporary funding bill, it may accelerate the launch of the XRP spot ETF and change the market landscape.

Key technical levels to pay attention to include: support levels at $2.62, $2.35, $2.2, $2.0, and $1.9. The technical resistance level is the 50-day EMA at $2.6926. The technical support level is the 200-day EMA at $2.6123. Resistance levels are at $2.8, $3.0, and $3.66.

The breakthrough of the 200-day EMA has significant trend implications. This moving average represents a watershed for long-term trends. When the price reclaims the 200-day EMA, it often marks the end of a long-term downtrend and the beginning of a new uptrend. Currently, XRP has broken through the 200-day EMA at $2.6123, indicating that the long-term trend is strengthening.

However, the 50-day EMA of $2.6926 remains a short-term resistance. The current price of $2.6456 is only about 1.8% away from the 50-day EMA, which is an easily reachable target. If it successfully breaks through and holds above the 50-day EMA, it will confirm that the short-term trend has also turned bullish, creating conditions for further advances to $2.80 and $3.0.

Bullish and Bearish Scenario Analysis

In a bullish scenario, if the United States and China sign a trade agreement, the U.S. Senate passes a temporary appropriations bill, BlackRock submits an S-1 filing for the iShares XRP Trust, the SEC approves the XRP spot ETF, blue-chip companies increase their XRP holdings as treasury reserves, Ripple obtains a U.S. charter banking license, and the market structure bill makes progress in Congress, these bullish scenarios could drive XRP up to $2.80. If it continues to break through $2.80, bulls will target the psychological barrier of $3.0.

In terms of bearish scenarios, if BlackRock downplays the XRP spot ETF plan, the U.S. government shutdown prolongs the launch of the XRP spot ETF, the U.S. Senate opposes cryptocurrency-friendly legislation, blue-chip companies abandon the use of XRP as a financial reserve asset, the OCC delays or rejects Ripple's U.S. chartered banking license, and SWIFT maintains market share restrictions on Ripple's market access, these bearish events could push XRP below $2.62, thereby exposing the support level at $2.35.

Regarding market sentiment, Santiment pointed out: “XRP rose 4% on the day and is currently priced at around $2.60. We have observed some panic sentiment (FUD) among retail investors on social media, indicating that small investors are selling off. In the price range of $2 to $3, if the market generally predicts that the XRP price will drop below $2, it is a buy signal; if the predicted price is above $3, it is a sell signal.” Market trends typically run contrary to retail sentiment, indicating an optimistic outlook.