XRP ETF Approval Odds Hit 95% as Seven Major Firms Submit Applications

Key Takeaways:

• 95% ETF Approval Odds Seven major firms filed XRP ETF applications, SEC decision due October 17, 2025.
• Price Stuck in Range XRP trades sideways between $2.19-$2.35 despite regulatory momentum.
• Bullish 2025 Outlook December price target of $2.28-$3.20 suggests potential 44% upside.

XRP has captured significant attention in the cryptocurrency market as the likelihood of a Spot XRP ETF approval by the U.S. Securities and Exchange Commission reaches an impressive 95%. This development positions XRP alongside other major cryptocurrencies like Litecoin and Solana as top contenders for ETF approval, according to Bloomberg analysts James Seyffart and Eric Balchunas.

The surge in approval odds comes amid a wave of institutional interest, with seven major financial firms submitting applications for a Spot XRP ETF. However, despite this regulatory momentum, XRP’s price action remains constrained within a narrow trading range, leaving investors questioning when the next significant price movement might occur.

Major Financial Firms Race for XRP ETF Approval

The institutional push for XRP ETF approval has gained substantial momentum, with prominent firms including Grayscale, Bitwise, Canary, 21Shares, WisdomTree, CoinShares, and Franklin all submitting applications to the SEC. The first official filing was submitted on January 30, 2025, with the SEC acknowledging the application shortly thereafter.

The regulatory timeline provides a clear endpoint for investors to monitor, as the SEC must deliver its final decision by October 17, 2025. This extended timeline gives the commission ample opportunity to thoroughly review each application while providing market participants with a definitive deadline for regulatory clarity.

XRP Price Remains Range-Bound Despite ETF Optimism

Despite the overwhelmingly positive ETF approval odds, XRP’s price performance has been notably subdued. The token continues to trade within a tight range between $2.19 and $2.35, repeatedly testing both resistance and support levels without achieving a decisive breakout.

This sideways price action suggests that traders are awaiting either a catalyst to drive prices higher or a breakdown that could trigger further selling pressure. Technical analysis indicates that a move below $2.19 could see XRP retesting the $2.05 to $2.10 region, while a clean breakout above $2.35 might spark a short-term rally.

Long-Term Price Predictions Show Steady Growth Potential

According to CoinCodex analysis, XRP is positioned for steady growth throughout the second half of 2025. July price projections suggest a trading range between $2.16 and $2.47, potentially offering an 11.14% return for current buyers. August forecasts remain similarly optimistic, with prices expected to range from $2.18 to $2.50.

The outlook extends positively into the fall months, with September targeting approximately $2.47 and a trading range of $2.29 to $2.60. October maintains steady expectations with prices between $2.32 and $2.56. The year-end forecast proves particularly bullish, with December predictions ranging from $2.28 to $3.20, potentially delivering a 44.10% return if prices reach the upper target.

Conclusion

The combination of 95% ETF approval odds and steady long-term price predictions creates an intriguing investment landscape for XRP. While current price action remains constrained, the institutional backing and regulatory momentum suggest significant potential for future growth, making XRP a cryptocurrency worth monitoring closely throughout 2025.

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.