On April 28, 2025, Ripple's token – XRP surged with an impressive performance showing a price increase of 4.80% in the last 24 hours, reaching $2.30.
This spike occurred amid a weakening crypto market, where Bitcoin was consolidating around $95,000 per coin.
This phenomenon raises a big question: why can XRP go up by itself amidst a red market?
Key Factors That Could Cause XRP Prices to Surge
#1: SEC Approval of XRP ETF
The SEC's approval of three XRP ETFs to be launched by ProShares serves as a very strong catalyst.
This ETF will officially be traded on April 30, 2025, marking the increasing acceptance of XRP in the institutional investment realm.
Many analysts see this as a sign of massive adoption that could finally open the door for new liquidity into the XRP ecosystem.
#2: Brazil Officially Launches First Spot XRP ETF
Brazil's move to launch the world's first spot XRP ETF adds positive sentiment.
With Brazil being one of the countries with rapid crypto adoption, the existence of this ETF expands XRP's exposure to retail and institutional markets in Latin America.
#3: XRP Transaction Volume Surges
In the last 24 hours, the transaction volume of XRP reached $3.9 billion. This reflects a surge in investor interest in XRP, which is typically an early signal of a long-term trend reversal.
XRP Price Prediction: Could It Surge to $4 This Month?
Several recent predictions from leading analysts state that if positive sentiment continues, XRP could:
Short term target: $2.90 – $3.20
Mid term target: $3.80 – $4.50
Buying pressure from the new ETF and technical momentum are the main fuel. If Bitcoin also turns bullish in the coming weeks, XRP has the potential to build a larger rally.
Is XRP Ready to Enter a New Era?
Considering all factors – ETF approval, high trading volume, legal victories, and global expansion, XRP is now in its best position in several years.
Investors and traders now view XRP not just as a speculative tool but as a strategic asset for portfolio diversification.
Although volatility remains, as it is certainly present in all legitimate crypto assets, the potential for medium to long-term gains for XRP is now stronger.