This week has seen significant movement in the XRP ecosystem, marked by exciting announcements and continued growth for the cryptocurrency. Gemini launched a new credit card offering cashback rewards via the native XRP token, while the SEC’s potential approval of an XRP-based ETF continues to drive market excitement. Key highlights include:
**New Credit Card Benefits:** Gemini’s latest credit card allows users to earn varying percentages of cashback in XRP tokens directly on purchases.
**Stablecoin Integration:** The card supports Ripple’s stablecoin RLUSD for US spot trading on Gemini’s platform.
**Options Income Fund: A Potential Shift in SEC Approvals** The SEC continues its history of delaying approvals for XRP ETFs, but a new Illinois investment company filed for an Options Income Fund instead. This structure focuses on options strategies to generate monthly income for investors. The chances of a spot XRP ETF approval by year’s end are currently 87% according to Polymarket.
**XRP Ledger Growth:** The underlying Ripple blockchain saw a significant rise in its Real World Asset (RWA) market cap, surpassing $130 million at the end of Q2 2025 and jumping by 144% to over $320 million just two months later.
**Price Outlook:** XRP closed around the $3 mark last Tuesday but is currently trading around $2.7, a 10% drop likely driven by profit-taking or market events. Social media sentiment remains bullish with analysts predicting rallies and potentially new all-time highs. Meanwhile, some are preparing for a potential bear market scenario, outlining possible price targets if buyers fail to regain control.