Why Didn’t #XRP Skyrocket After the #ETF Approval?
Yes, the $XRP ETF has officially been approved — a major milestone. So why did the price only edge up about 2%? Here’s a closer look at what’s going on:
XRPUSDT
Perp: 2.2868 (+0.52%)
🔹 Stuck in a Range
XRP has been hovering near the $2 mark for some time. This zone now feels like a safe holding level for many investors.
🔹 Steady Holders, Little Hype
During the recent market dip, XRP remained stable. That suggests most current holders bought in around this range and aren’t chasing higher prices right now.
🔹 No New Money Flowing In
A breakout rally needs fresh capital and strong liquidity inflows — both of which are currently lacking in the XRP market.
🔹 ETF Doesn’t Equal Immediate Gains
An ETF approval is a big deal, but it doesn’t automatically trigger a price surge. Without a spike in demand, price momentum remains limited.
The Bottom Line:
The ETF is a solid step forward, but for XRP to really take off, it needs more adoption, investor enthusiasm, and increased trading volume. The groundwork is in place — now, it's a matter of patience.