Gemini exchange has sparked widespread speculation in the cryptocurrency community after sharing a cryptic social media update on November 2, 2025, that read, "Next week’s looking real XRP coded." This brief statement quickly stirred excitement among XRP holders, with many interpreting it as a hint at a potential major announcement involving Ripple or its native token.
The timing of the post added to the intrigue, as Ripple had recently transferred 800 million XRP, valued at approximately $1.9 billion, from its escrow wallet to an unknown address. While Ripple routinely manages liquidity through such releases, the sheer scale of this transaction and its coincidence with Gemini's message have fueled assumptions of a coordinated development.
Gemini's history with XRP includes reintroducing XRP trading on its platform in August 2023 following regulatory clearance, and earlier this year, the exchange launched an XRP credit card in partnership with Ripple. Issued by WebBank, the card rewards users with cashback in XRP, offering up to 4% on transport, 3% on dining, 2% on groceries, and 1% on other purchases, with select merchants providing up to 10% cashback.
Community observers suggest the cryptic post may be linked to the upcoming Ripple Swell event, scheduled for November 4-5 in New York. This two-day conference will focus on stablecoins, tokenization of real-world assets, institutional adoption, and other key industry topics, featuring notable speakers such as Adena Friedman (CEO of Nasdaq), Maxwell Stein (Director of Global Assets at BlackRock), and Patrick Witt (a top US government official focused on digital assets).
Historically, Ripple Swell events have triggered significant XRP price rallies, though this effect has diminished in recent years. The reconciliation between Gemini and the XRP community, following Ripple's legal victory over the SEC, has set the stage for potential further collaborations. As the week progresses, traders are monitoring XRP trading volumes, which have shown minor increases since the post, while awaiting possible confirmations from Gemini or Ripple.
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