# XRP Spot Trading Volume Exceeds Solana; Futures Offerings Approaching
After the SEC’s rejection of the legal action against Ripple Labs, XRP’s value increased by 13%, causing confidence regarding potential ETF approvals and increasing market movement.
Ripple Labs’ XRP has lately surpassed Solana in spot trading volume, currently frequently representing over 50% of the trading volume. This indicates a noteworthy change from the past, where SOL kept a prevailing position of 70-80%.
Experts at blockchain analytics company Kaiko mentioned that with XRP no longer encountering legal arguments, the anticipated likelihood of ETF approval in 2025 has risen.
According to information from the prediction marketplace Polymarket, the possibility of a spot Ripple ETF being approved in 2025 increased by 6% after the SEC dismissed the lawsuit. The marketplace currently estimates an 83% opportunity of a spot XRP ETF being approved by the close of 2025.
Kaiko stated that the heightened market movement in XRP seems to be lasting, observing enhanced liquidity together with the increased trading volume.
With regulatory obstacles currently cleared, Kaiko implies the marketplace might witness the introduction of XRP offerings in the upcoming months. For instance, the Chicago Mercantile Exchange (CME) “erroneously” released a mock-up webpage for SOL and XRP futures in January. One of those offerings has already been introduced, and the second is currently “exempt from regulatory entanglement.”
Ripple CEO Brad Garlinghouse hinted in early Toncoin (TON) Value Forecast for March 26th that XRP ETFs could enter the US marketplace in the latter part of 2025. A minimum of ten XRP ETF applications—including spot, leveraged, and inverse offerings—are awaiting SEC approval, with Franklin Templeton lately joining the positions of applicants.
