The XRP ETF Launch Could Spark a Bull Run—Is $10 Next?
XRP's chances of getting an ETF approval are improving. Because Donald Trump has shown support for a cryptocurrency-friendly atmosphere, regulatory changes are expected.
An XRP ETF might drive regulatory advances as Trump vows to make the U.S. a worldwide cryptocurrency leader.
Institutional investors might buy XRP via regulated ETFs if a crypto-forward SEC chairman expedites Ripple's legal fights. History shows that events like Bitcoin's ETF approval may cause enormous price spikes.
Should Ripple reach this milestone, experts expect XRP to reach $4.50 by January 2025 and $10 under sustained institutional inflows and worldwide acceptance.
Ripple RLUSD Approval Lifts XRP
Ripple won a huge regulatory victory when the NYDFS authorized RLUSD, its stablecoin. After SEC Chairman Gary Gensler resigned, XRP has outperformed other cryptocurrencies.
Ripple's regulatory victories have helped XRP's price rise 250% in the previous month. While weekly advances are slow, stablecoin approval supports ongoing growth.
WisdomTree, Bitwise, and 21Shares have applied for XRP ETFs after BitBoy predicted them.
XRP's $4.50 Road: Predictions and Trends
Technically, XRP is strong at $2.51, up over 7% in 24 hours. The asset has a rising trendline and a solid pivot near $2.40, indicating additional increases. Resistance is at $2.65, with $2.85 and $3.05 as goals.
Similar to Bitcoin's price behavior after ETF approval, XRP may rise with regulatory clarification. A break over $2.65 might push XRP to $4.50, with the ambitious $10 aim contingent on institutional acceptance and macroeconomic conditions.
Key $10 Projection Drivers:
Continuous XRP ETF inflows, reflecting Bitcoin's ETF growth.
XRP's usefulness increases as Ripple's RLUSD acceptance grows.
Favorable U.S. institutional participation rules.
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