Key Notes

XRP reserves on exchanges have hit a 7-month high at 16.36B.

SEC delayed decision on multiple spot XRP ETFs, extending Franklin ETF review to Nov.14, 2025.

Despite regulatory uncertainty, XRP trades steady above $3 with a $180B market cap.

XRP XRP $3.03 24h volatility: 1.7% Market cap: $180.35 B Vol. 24h: $4.73 B is gearing up for volatility as reserves on all exchanges surged to a 7-month high.

According to data from CryptoQuant, reserves had been steadily declining since November 2024, dropping from 18.2 billion XRP to 13 billion XRP by early September 2025. Related article: Ripple (XRP) Price Moves Toward $3 as Community Speculates Oct 18 ETF Approvals

However, this downtrend sharply reversed when 3.3 billion XRP were deposited into exchan

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