XRP Tops Crypto Market Ahead of October SEC ETF Decisions

• XRP outperformed top cryptocurrencies, rallying above $3.
• The price action was influenced by the recent excitement surrounding the launch of an XRP credit card.
• The market is also awaiting the SEC decision on XRP-spot ETF rulings until October.

XRP outperformed major cryptocurrencies this week, rebounding from a low of $2.85 on Monday to reach $3.01 on Tuesday, a gain of 5.38%. The rally pushed XRP ahead of Ethereum and Solana in short-term performance.

Notably, XRP’s price action was influenced by the recent excitement surrounding the launch of an XRP credit card through a partnership between Gemini and Ripple. Ripple executives, including CEO Brad Garlinghouse and CTO David Schwartz, have openly supported the initiative, generating significant buzz within the XRP community.

Related: Garlinghouse Gets “Whale Limit” on New XRP Card from Gemini’s Winklevoss

At the same time, optimism surrounding the potential approval of an XRP ETF in October continues to fuel buying interest, with many investors accumulating the token in anticipation. The U.S. Securities and Exchange Commission (SEC) is expected to rule on pending spot exchange-traded fund appli…

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