$XRP Amid the current market conditions, an XRP community member has identified five next steps that could catalyze a sustained price uptrend.

Notably, despite a recent price bump that saw XRP reach $2.42 before sliding to $2.36, investor confidence remains low.

Assets such as Bitcoin (BTC) and Ethereum (ETH) have breached previous resistance levels, particularly $100,000 and $2,400. However, XRP has lagged in breaking past any meaningful resistance, still trading at the lower end of the $2 mark.

The first point Butterfly raises is the potential for BlackRock to announce a spot XRP ETF. This idea has made headlines, especially in light of BlackRock’s massive success with its Bitcoin and Ethereum ETFs. These products have collectively drawn in tens of billions of dollars since early 2024.