XRP Price Surges 4% Despite Crypto Market Correction, Here's Why

Highlights

Recent XRP price rally pushes its market cap past $150 billion, overtaking Tether for the third spot.
XRP derivatives data shows increasing trader optimism, with futures open interest up 14.42% to $5.29 billion.
Key factors driving XRP’s growth include legislative support from Missouri's proposed House Bill 594, a 12-year milestone of 6.5 million blockchain users.

Defying the broader crypto market correction today, XRP price posted a 4% increase driven by strong technical indicators and key developments. This rally brings XRP’s weekly gains to 17%, with daily trading volumes surging 182% to over $11 billion, highlighting robust trader interest in the altcoin.

XRP Price Sets Stage for A Rally to $3 and Beyond

Following strong bullish action on Monday, XRP surpassed Tether to become the third-largest cryptocurrency, with its market cap shooting past $150 billion. Even though the Ripple cryptocurrency has undergone a partial pullback with today’s crypto market correction, XRP price is still trading 4% on the 24-hour chart to $2,47.

Furthermore, XRP derivatives data from Coinglass shows that the XRP futures open interest is up 14.42% to $5.29 billion, while the XRP options volume is up 76%, showing strong trader optimism for a future rally ahead. Blockchain analytics firm Santiment reported that for the first time in the 12-year-long history of Ripple, the XRP blockchain network has clocked 6.5 million users.

Santiment also shared three factors behind the XRP price surge today, and its decoupling from broader market trend.

Legislative Support: House Bill 594 in Missouri proposes making the state the first in the U.S. to offer a full income tax deduction on all capital gains, including profits from Bitcoin and XRP.
Growing Adoption: XRP’s number of holders has surged by over 11% in 2025, reflecting increasing investor confidence and interest.
Mainstream Use: The cryptocurrency is now accepted as a payment method on travel booking platform Travala.com, marking another step toward mainstream utility.

Additionally, with the US-China trade war tensions easing, crypto market extended gains on Monday, pushing Bitcoin and altcoins higher.

Where’s the Ripple Crypto Heading Next?

Renowned crypto analyst Dark Defender has shared an optimistic outlook for XRP, forecasting significant gains over the next three months. On the technical chart, Dark Defender emphasized the arrival of “3rd Wave”, setting ambitious XRP price targets.

Key Targets: $3.33 and $5.85, with a long-term projection of $36.
Support Levels: $2.3620 and $2.2222 provide crucial benchmarks for traders.

Additionally, XRP’s market dominance continues to rise in the overall crypto market and the altcoin space. This could help it inch further to higher price targets moving ahead.

Recommended
Price Analysis

Best Crypto Presales To Invest In September 2025 – Top Upcoming Presale Tokens

Best Crypto AI Trading Bots In 2025

Top Meme Coins To Buy In September 2025

Bhushan Akolkar

Bhushan is a seasoned crypto writer with over eight years of experience spanning more than 10,000 contributions across multiple platforms like CoinGape, CoinSpeaker, Bitcoinist, Crypto News Flash, and others. Being a Fintech enthusiast, he loves reporting across Crypto, Blockchain, DeFi, Global Macros with a keen understanding in financial markets.   He is committed to continuous learning and stays motivated by sharing the knowledge he acquires. In his free time, Bhushan enjoys reading thriller fiction novels and occasionally explores his culinary skills. Bhushan has a bachelors degree in electronics engineering, however, his interest in finance and economics drives him to crypto and blockchain.

Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.