XRP Price Today 24 November 2025: XRP Holds Above $2.20 as New Spot ETFs Launch on NYSE Arca

XRP is back in the spotlight today, 24 November 2025, trading around the $2.20–$2.23 zone as Wall Street-listed spot XRP ETFs from Franklin Templeton and Grayscale go live, drawing strong institutional interest and rare positive fund inflows into the token.

XRP price today: key metrics at a glance

As of the time of writing on 24 November 2025:

XRP price: about $2.22–$2.23
24h change: roughly +7%
24h trading range: approximately $2.03 (low) – $2.23 (high) ^[1]
Market cap: around $130–134 billion, making XRP the 4th-largest cryptocurrency by market value ^[2]
24h trading volume: in the $5–9 billion range across major exchanges ^[3]

Different data providers quote slightly different spot prices and volumes in real time, but they all agree on the same big picture: XRP is having a strong green day, up mid‑single to high‑single digits and holding above the key $2 level.

What is driving XRP price today?

Today’s XRP move is all about Wall Street ETFs, institutional flows, and a changing fundamental narrative at Ripple.

1. Franklin Templeton and Grayscale XRP spot ETFs launch on NYSE Arca

The biggest catalyst for XRP price today is the long‑anticipated arrival of spot XRP ETFs on major U.S. exchanges:

Franklin Templeton has launched the Franklin XRP Trust (ticker: XRPZ) on NYSE Arca, giving traditional investors regulated, brokerage‑account access to XRP. Franklin executives described XRP as playing a “foundational role in global settlement infrastructure,” underscoring its perceived importance in cross‑border payments and institutional finance. ^[4]
Grayscale has converted its long‑running XRP Trust into a spot ETF, Grayscale XRP Trust ETF (GXRP), which also began trading on NYSE Arca today alongside its new Dogecoin product. These funds offer “straightforward exposure” to XRP with a 0% expense ratio for the first three months or until $1 billion in trading volume, an aggressive pricing move aimed at attracting early assets. ^[5]

A CoinDesk market update notes that XRP briefly slid from around $2.13 to $2.08 earlier in the session even as GXRP debuted, with traders watching support near $2.03 and potential downside targets near $1.91 if that level were to break. ^[6]

At the same time, coverage from Coinpaper highlights that Franklin’s XRPZ ETF led early trading, with about 283,000 shares traded worth roughly $6.47 million in the first 90 minutes, outpacing rival XRP products from Canary, Bitwise, and Grayscale. ^[7]

In short: the ETF launch is clearly real, clearly sizable, and it’s putting XRP squarely in front of mainstream investors.

2. XRP bucks massive crypto fund outflows with rare inflows

While price action intraday has been choppy, the fund flow data behind XRP is strikingly bullish.

According to a CoinShares‑based report summarized by BeInCrypto:

Digital asset investment products saw about $1.94 billion in outflows last week, one of the worst weekly runs since 2018.
Yet XRP was the standout exception, drawing about $89.3 million of net inflows, even as Bitcoin and Ethereum products suffered heavy withdrawals. ^[8]

This combination—spot ETFs launching plus sustained positive inflows—helps explain why XRP has managed to hold above $2 and trade higher on the day, even with lingering volatility across the wider crypto market.

3. Ripple CTO’s RLUSD “bombshell” and the end of structural XRP sell pressure?

Another major narrative today comes from Ripple’s internal business model.

In a widely discussed interview and follow‑up coverage, Ripple CTO David Schwartz explained how the company’s newer products—especially its RLUSD stablecoin—are designed to shift revenue away from selling XRP on the open market and toward on‑platform business income. ^[9]

Key points from Schwartz’s comments:

Historically, a large share of Ripple’s revenue came from selling XRP, which meant that weak revenue or lower prices often translated into more XRP being sold, adding structural downward pressure.
Under the new model, products like RLUSD and other enterprise services are intended to generate revenue without requiring Ripple to dump XRP, reducing the need to tap escrowed tokens for operating cash.
The CTO framed RLUSD not as a competitor to XRP, but as a tool that could reduce long‑term XRP sell pressure by decoupling Ripple’s business growth from XRP sales.

For XRP holders, the takeaway is that fundamental sell pressure may be structurally easing, which supports the long‑term bull case—even if day‑to‑day price action remains driven by technicals and macro sentiment.

4. Upcoming 1 billion XRP escrow unlock on 1 December

Not all news is instantly bullish.

Finbold reports that Ripple is set to unlock 1 billion XRP from escrow on 1 December, continuing its long‑running monthly schedule designed to manage liquidity. ^[10]

Historically, Ripple has often re‑escrowed or slowly distributed large portions of these releases, but traders still watch each unlock closely because:

It increases potential circulating supply if more XRP is eventually sold into the market.
It sometimes aligns with short‑term volatility, especially if whales or market makers reposition ahead of the event.

With price back above $2 and ETFs live, the December unlock is likely to be a closely watched test of how much real selling pressure remains.

XRP news round‑up for 24 November 2025

To give you a clean overview, here are the key XRP news stories dated 24 November 2025 and how they relate to price today:

Franklin Templeton launches XRPZ spot ETF on NYSE Arca, calling XRP “foundational” to global settlement and joining Bitwise, Canary Capital, and others in the growing XRP ETF field. ^[11]
Grayscale’s GXRP ETF goes live alongside a Dogecoin ETF, offering 0% fees initially and converting its legacy XRP Trust into a spot product. ^[12]
CoinDesk: “XRP Slides to $2.08 as Grayscale’s GXRP ETF Debut Fails to Ignite Market” – intraday note that technical resistance near $2.14–$2.15 remains strong and that traders are watching support at $2.03 and deeper liquidity near $1.91. ^[13]
Coinpaper: Franklin XRPZ dominates opening 90 minutes of trading, with ~283k shares (~$6.47M) traded and strong early interest vs rival XRP ETFs. ^[14]
BeInCrypto / CoinShares: XRP bucks $1.94B in weekly crypto fund outflows, attracting ~$89.3M of inflows while most assets see heavy redemptions. ^[15]
Ripple CTO David Schwartz clarifies RLUSD model, saying new revenue sources mean Ripple “does not have to sell XRP” to fund operations, easing long‑term sell‑pressure fears. ^[16]
TheCryptoBasic: ETF‑driven “volume frenzy” scenario – XRP commentator Chad Steingraber suggests even small price moves could trigger a large volume expansion as ETFs deepen liquidity. ^[17]
24/7 Wall St XRP outlook: a cautious forecast where XRP could mainly trade in the $1.80–$2.10 range through 2026 in a bearish scenario if ETF inflows slow and RLUSD integration in Japan is delayed. ^[18]
Finbold: Ripple to unlock 1 billion XRP on 1 December, continuing its scheduled escrow releases. ^[19]
ISO 20022 “compliance” claims challenged: a CoinEdition/ CryptoRank piece stresses that no cryptocurrency, including XRP, is officially ISO 20022 compliant, despite years of community myths, as ISO confirms it does not certify tokens this way. ^[20]

Together, these headlines paint a picture of institutionalization, structural reform, and still‑present risks, all colliding on the same day.

Short‑term XRP technical outlook: key levels to watch

From a chart perspective, today’s XRP action is a tug‑of‑war between new ETF optimism and stubborn resistance zones.

CoinDesk’s technical breakdown of today’s session highlights several important levels: ^[21]

Primary support:
- $2.03–$2.05 – a key demand zone repeatedly tested intraday
Immediate resistance:
- $2.14–$2.15 – an area where multiple rallies have failed today
Mid‑term resistance:
- $2.20–$2.24 – cluster overhead that bulls need to reclaim convincingly
Downside risk:
- A clean breakdown below $2.03 could open the door toward $1.91 and possibly lower if broader crypto risk‑off continues.
Trend structure:
- Short‑term, XRP is still viewed as being in a descending channel, with sellers defending every retest of the mid‑$2.10s so far.

Overlay this with today’s news and you get a simple message:

Fundamentals and Wall Street structures are improving, but the chart still demands that bulls prove they can keep XRP decisively above $2.03 and then flip $2.20+ back into solid support.

How today fits into the bigger XRP story

To understand why XRP’s ETF debut is such a big deal, you have to zoom out.

The U.S. SEC’s lawsuit against Ripple, first filed in 2020, created years of uncertainty. That case finally wrapped up in August 2025, when both the SEC and Ripple dropped their appeals and agreed to a $125 million settlement, without Ripple admitting wrongdoing. ^[22]
Since then, exchanges have relisted XRP, and regulators have gradually offered clearer frameworks for listing crypto ETFs, culminating in today’s Franklin and Grayscale XRP products on NYSE Arca. ^[23]
XRP has also reclaimed a top‑four spot by market cap, supported by broad adoption of the XRP Ledger and Ripple’s enterprise payment solutions. ^[24]

In other words, today’s $2+ XRP with U.S. spot ETFs, positive fund flows, and a resolved SEC case is a very different environment from the one XRP faced just a few years ago.

XRP price today vs. near‑term forecasts

Different analysts and platforms are far from unanimous about where XRP goes next:

Some forecasting sites expected modest November 2025 averages around $2.00–$2.06, which XRP has already exceeded on many exchanges this month. ^[25]
The 24/7 Wall St scenario suggests a sideways 2026, with XRP largely ranging between $1.80 and $2.10 if ETF inflows normalize and Bitcoin dominance rises toward 65%. ^[26]
Bullish analysts highlight XRP’s ETFs, reduced structural sell pressure, and strong inflows as evidence that a larger upside move is still possible if resistance near $2.20–$2.40 is broken and held.

What’s clear today is less the exact next price target and more this macro shift:

XRP is transitioning from being a heavily litigated, exchange‑delisted token to a fully mainstream asset with regulated spot ETFs, institutional inflows, and a maturing revenue model at Ripple.

What traders and investors may watch next

Going forward from today’s session, markets will be watching:

ETF volume and flows
Do Franklin’s XRPZ and Grayscale’s GXRP keep attracting steady inflows, or does interest fade after launch‑day hype? Persistent volumes would validate the ETF bull thesis. ^[27]
Support at $2.03 and the $2 level more broadly
As long as XRP holds above $2.03–$2.05, bulls can argue that today’s move is part of a consolidation after the early‑2025 surge. A firm break below would make the $1.90 area and potentially the high‑$1s relevant again. ^[28]
Impact of the 1 December escrow unlock
Traders will watch on‑chain data to see how much of the 1 billion XRP unlocked actually hits exchanges and whether Ripple re‑escrows a large portion as it often has in past months. ^[29]
Macro crypto sentiment and Bitcoin
BTC is still the main driver of crypto risk appetite. If Bitcoin regains strong upside momentum, high‑beta assets like XRP could see amplified moves in either direction, especially now that new ETFs exist. ^[30]

Bottom line: XRP price today on 24 November 2025

On 24 November 2025, XRP is trading around the low‑$2.20s, up roughly 7% on the day, with:

fresh spot ETFs from Franklin and Grayscale now live on NYSE Arca,
rare, sizable positive inflows into XRP investment products despite massive outflows from the broader crypto fund universe, and
a shifting Ripple business model that aims to reduce long‑term XRP sell pressure while a scheduled 1 billion‑XRP escrow unlock looms on 1 December. ^[31]

It’s a classic crypto cross‑roads: fundamentals and market structure are improving, but technical resistance and upcoming supply events mean the next few weeks will be critical in determining whether XRP can build a durable new base above $2—or whether today’s rally becomes just another spike in a still‑volatile market.

This article is for informational purposes only and does not constitute financial, investment, or trading advice. Always do your own research and consider speaking with a licensed financial professional before making investment decisions.

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