Ripple, along with its native token, went through an eventful week, marked by some interesting announcements and impressive growth.

Credit Card Focused On XRP Rewards

Gemini unveiled its latest product last week, a credit card that gives holders varying percentages back from purchases directly in the XRP token.

Additionally, it will support Ripples stablecoin, RLUSD, which can be used for the US spot trading markets on Geminis trading platform.

Another XRP ETF Listing, But With A Twist

The Securities and Exchange Commission (SEC) in the United States has a long-standing history of delaying ETF decisions for Ripples native token, but it could potentially be different this time.

Filed by an Illinois investment company with over $12 billion in assets under management (AUM), this will not be a regular spot ETF, but it will be classified as an Options Income Fund instead.

As the name suggests, it will focus on options strategies to generate a monthly yield for investors. They will expire monthly, allowing for a regular strategy reset and a steady income to shareholders.

Meanwhile, odds of a spot XRP ETF approval by years end stand at 87% at the time of writing, according to Polymarket.

Source: Polymarket

XRP Ledger Posting Highs

The projects underlying blockchain has seen some impressive numbers recently, achieving a real-world asset (RWA) market cap of over $130 million at the end of the second quarter of 2025.

That same metric, just two months later, taking data from last week, has made an impressive jump of 144% to over $320 million, according to RWA.xyz.

Source: RWA.xyz

Price Outlook

XRP closed off last Tuesday spot on the $3 mark, and, at the time of writing, is trading at around $2.7, a 10% drop, likely caused by profit-taking, macro-related events, or political jitters.

Current sentiment on social media for the token seems to be bullish, with analysts predicting rallies and potentially new all-time highs. Another popular chartist on X laid out the necessary steps for XRP to break out of its current downfall and head for a new all-time high.

There are, of course, people preparing for a bear market, and they have presented potential price targets if the buyers fail to take control.