XRP and
The SEC’s approval of the Hashdex ETF comes amid a flood of applications for XRP-based ETFs, with more than 90 proposals covering 24 tokens currently awaiting review. Major deadlines are approaching for industry leaders such as Grayscale, Bitwise, and Franklin Templeton, with final decisions anticipated between October 18 and November 14, 2025 Full List of XRP ETFs Awaiting SEC Approval: Dates, Filings [ 3 ]. Experts expect a surge of approvals in October, especially for XRP and Solana, as asset managers take advantage of the streamlined process SEC Clears Hashdex ETF To Hold XRP, Solana, Stellar, And More [ 1 ]. The REX-Osprey XRP ETF (XRPR), which launched on September 18, 2025, has already seen impressive demand, recording $37.7 million in trading volume on its first day—the highest for any ETF debut in 2025 SEC Clears Hashdex ETF To Hold XRP, Solana, Stellar, And More [ 1 ]. This strong start highlights increasing institutional interest in XRP, with analysts suggesting that price movements could mirror the surges seen with Bitcoin and Ethereum following their ETF approvals Here’s XRP Price if XRP ETFs Gain Approval in 3 Weeks [ 4 ].
Cardano (ADA) presents a different scenario compared to Solana. Solana’s hybrid Proof-of-History (PoH) and Proof-of-Stake (PoS) system delivers 3,000 transactions per second (TPS) with minimal fees, while ADA’s Ouroboros PoS emphasizes security and academic validation, though it processes fewer transactions (several hundred TPS). Despite this, ADA outperformed Solana in the first quarter of 2025, experiencing a 22% decline versus Solana’s 34% drop. Analysts credit ADA’s relative strength to Solana’s ongoing challenges, such as stagnant network usage and a decrease in Total Value Locked (TVL) from $14 billion to $8.27 billion. Cardano’s TVL also fell by 54% to $408 million, but its use of formally verified smart contracts and expanding governance initiatives are seen as positioning it for lasting growth.
Regulatory certainty for XRP has been enhanced by the SEC’s decision to drop its lawsuit against Ripple in August 2025, further boosting its attractiveness. With 11 XRP ETF applications still under review—including spot ETFs from 21Shares and WisdomTree—the pace of institutional adoption could quicken if approvals are granted in October XRP Price Jumps 3% Amid SEC ETF Approval [ 5 ]. For
Market experts warn that XRP’s future price will largely depend on ETF inflows and regulatory decisions, with some models projecting a possible increase to $5–$7 if approvals are secured Here’s XRP Price if XRP ETFs Gain Approval in 3 Weeks [ 4 ]. In contrast, ADA’s performance is more closely linked to overall market trends and its ability to compete with faster networks like Solana. With just 10 days left before crucial October deadlines, investors should keep a close eye on SEC announcements and on-chain metrics for signs of momentum in either asset.