Nasdaq has announced plans to incorporate XRP into its Nasdaq Crypto Index (NCI), alongside Solana, Stellar Lumens, and Cardano. This expansion will increase the index’s tracked assets to nine cryptocurrencies, pending final SEC approval expected by November 2, 2025.
Concurrently, Ripple’s strategic partnership with a Japanese Web Salon aims to strengthen XRP’s foothold in Asia’s digital asset ecosystem. This collaboration has fueled positive market sentiment, driving XRP’s open interest to $4.1 billion in June.
Market dynamics show XRP rebounding 4% to $2.30 following these developments. Technical analysis indicates potential upside to $2.40-$2.50 if current support holds, though failure could trigger a retreat toward $2.00.
Crypto index ETFs like Hashdex Nasdaq Crypto Index ETF and Bitwise 10 Crypto Index ETF demonstrate stable year-to-date returns of approximately 5%, underperforming individual assets such as Bitcoin which gained 14% over the same period.
Regulatory decisions regarding crypto ETFs and technical price levels remain pivotal factors for XRP’s near-term momentum and broader institutional integration.