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- XRP ETF approval odds now stand at 85%, boosting investor confidence.
- Ripple’s RLUSD growth and XRPL upgrades fuel strong ecosystem expansion.
- Analysts predict XRP could surge past $5–$50, with long-term potential much higher.
XRP is at the center of renewed market excitement as ETF approval odds climb to 85%, the Ripple ecosystem expands, and analysts forecast a powerful rally that could push the token into double-digit territory. With the SEC lawsuit now officially behind Ripple, momentum is building across both institutional and retail markets.
XRP ETF Filings Gain Momentum
Following the dismissal of the SEC’s case against Ripple Labs, major asset managers—including Franklin Templeton, CoinShares, WisdomTree, Grayscale, and Bitwise—have updated their XRP ETF filings. ETF specialist Nate Geraci called the wave of updates a “very good sign” for XRP ETFs, noting that investor demand is accelerating.
The surge in filings has pushed approval odds to 85%, with XRP-focused products such as Teucrium and ProShares already attracting hundreds of millions in assets. Analysts say ETF approval could be the catalyst for the next major XRP rally.
Ripple Ecosystem Expansion Fuels Optimism
Beyond ETFs, the XRP Ledger (XRPL) continues to expand rapidly. Ripple’s RLUSD stablecoin now holds nearly $700 million in assets, with transaction volume jumping 15% in 30 days to $2.7 billion. Partnerships, particularly with Japan’s SBI Holdings, and XRPL upgrades are strengthening fundamentals.
Also Read: Ripple and SBI to Launch RLUSD Stablecoin in Japan as $667M Token Expands
Analyst Altcoin Gordon suggests XRP is close to breaking its 8-year downtrend against Bitcoin, calling current conditions “a perfect storm” for upward momentum.
Price Targets and Technical Outlook
Technical analysts see bullish signals forming. Dark Defender highlights support at $2.85–$3.00 and price targets between $4.39 and $5.85, citing a repeat of XRP’s November 2024 bull flag breakout.
More aggressive forecasts come from BarriC, who predicts XRP could climb to $10–$15, with long-term potential near $50 if adoption by banks accelerates. He even suggests that institutional usage could push XRP toward four-digit prices in the future.
Still, some warn of volatility. Zach Rector expects XRP could double before ETF approval, but warns of a pullback once approvals are granted—similar to Bitcoin and Ethereum’s ETF patterns.
XRP on the Verge of Breakout?
At around $3.03, XRP is trading at a key level. With ETF approval odds surging, RLUSD growth, and bullish technicals, XRP could be preparing for a major breakout. Whether it first sees a pullback or not, analysts agree: XRP’s next big move is likely significant.
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Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
