On December 8, 2025, XRP extended its decline toward the $2 level after dropping from $2.20, stoking fresh concern among holders as social sentiment fell into the “Extreme Fear” zone, according to Santiment. At the same time, ETFs tied to XRP have recorded 15 consecutive days of net inflows totaling nearly $900 million, SoSo Value data show. XRP has recently rebounded from support around $1.95 and is trading within a falling channel, with a breakout above $2.20 on strong volume potentially opening the way for a move toward the $3 area.

Blockaid, a crypto security firm, detected malicious code on the official Pepe website on December 4, 2025. The site harbors Inferno Drainer software that targets connected wallets to extract funds. PEPE has dropped over 75% year-to-date and trades near $0.0000040.

The Monetary Authority of Singapore has expanded Ripple's Major Payment Institution license, allowing the company to use Ripple USD (RLUSD) for transaction settlement. The regulatory approval enables banks and financial institutions to leverage XRP and RLUSD for crypto transfers. XRP continues trading above $2 amid sustained buying pressure, with technical indicators pointing to potential recovery.

The XRP Ledger processed over 1.05 million payments between unique wallets on Saturday, a 200,000 increase from Wednesday, data show. The 15% overnight surge in network activity contrasted with XRP's 6.7% decline to $2.04 over 24 hours. Trading volumes nearly doubled to $4 billion, indicating heightened selling pressure despite rising on-chain usage.

Grayscale listed the first U.S. spot Dogecoin exchange-traded fund on the New York Stock Exchange under ticker $GDOG on November 24, 2025. DOGE rose 2.2% following the launch, with 24-hour trading volumes reaching $1.5 billion. Bitwise plans to introduce its own Dogecoin ETF this week.

The Grayscale XRP Trust ETF (GXRP) launched on November 24, 2025, becoming the second XRP exchange-traded fund following Bitwise's debut the previous week. Franklin Templeton may introduce its XRP ETF this week. XRP traded at $2.05 after establishing support at $1.90 over the weekend.

Bitwise launched its XRP exchange-traded fund on the New York Stock Exchange on November 20, 2025, attracting $100 million in assets within hours of trading. XRP fell 10% to $1.80 amid broader market selling pressure. Trading volume surged 48% to nearly $9 billion in the past 24 hours.

Canary Capital launched the first spot exchange-traded fund backed entirely by XRP on November 13, 2025. The U.S. Securities and Exchange Commission approved the fund, which trades under the ticker symbol XRPC on Nasdaq. XRP established support at $2.10 following recent Federal Reserve commentary that influenced broader cryptocurrency markets.

Several spot XRP exchange-traded funds have been listed on the DTCC platform ahead of their anticipated market debut. The products come from Canary Capital, Bitwise, CoinShares, and Franklin Templeton. ETF analyst Nate Geraci expects the funds could begin trading within two weeks, following the conclusion of SEC litigation against Ripple approximately three months ago.