Will XRP Price Hit $10 if ETF is Approved Tomorrow?
XRP price eyes a breakout from a bull flag's resistance to $10. Will this target be achieved if a spot XRP ETF is approved tomorrow?
$XRP
The Ripple (XRP) community awaits the SEC’s approval for a spot XRP ETF in 2025, as holders wonder if the token can reach $10. A double-digit XRP price will lead to Ripple surpassing Ethereum and emerge as the second-largest crypto. However, is this price target realistic, and how long would it take for XRP to reach $10 if a spot ETF is approved tomorrow?
How Spot ETF Approval Will Impact XRP Price
If the SEC approves a spot XRP ETF tomorrow, it will trigger a bull run for Ripple’s XRP token that could push it to $10. This is because Ripple will likely mimic what happened with spot Bitcoin ETFs by having a first-mover advantage as the first USA-made altcoin on Wall Street. This will drive enough capital inflows and bullish momentum to push the token to fresh highs.
During the first two months of trading, spot Bitcoin ETFs attracted $6.4 billion in inflows as BTC’s price surged by 55% during this period. If Ripple follows the same pattern after an XRP ETF gets the SEC’s approval tomorrow, the price could surge from $2.51 to $3.90 within the first two months.
Coingape also previously reported that JPMorgan estimates $8 billion inflows to XRP ETFs. Experts noted that by using these inflow projections alongside the market cap multiplier theory, XRP price could reach $15.
The above analysis shows XRP can easily reach $10 if the SEC greenlights a spot XRP ETF tomorrow. This surge will give Ripple a $589 billion market cap, making it the largest altcoin.
Meanwhile, the odds of XRP ETF approval happening soon have soared since the SEC ended its lawsuit against Ripple. Bloomberg analysts note that there is an 85% chance of approval, while on Polymarket, the odds of approval have surged to a record high of 80%.
XRP price eyes a breakout from a bull flag's resistance to $10. Will this target be achieved if a spot XRP ETF is approved tomorrow?
$XRP
The Ripple (XRP) community awaits the SEC’s approval for a spot XRP ETF in 2025, as holders wonder if the token can reach $10. A double-digit XRP price will lead to Ripple surpassing Ethereum and emerge as the second-largest crypto. However, is this price target realistic, and how long would it take for XRP to reach $10 if a spot ETF is approved tomorrow?
How Spot ETF Approval Will Impact XRP Price
If the SEC approves a spot XRP ETF tomorrow, it will trigger a bull run for Ripple’s XRP token that could push it to $10. This is because Ripple will likely mimic what happened with spot Bitcoin ETFs by having a first-mover advantage as the first USA-made altcoin on Wall Street. This will drive enough capital inflows and bullish momentum to push the token to fresh highs.
During the first two months of trading, spot Bitcoin ETFs attracted $6.4 billion in inflows as BTC’s price surged by 55% during this period. If Ripple follows the same pattern after an XRP ETF gets the SEC’s approval tomorrow, the price could surge from $2.51 to $3.90 within the first two months.
Coingape also previously reported that JPMorgan estimates $8 billion inflows to XRP ETFs. Experts noted that by using these inflow projections alongside the market cap multiplier theory, XRP price could reach $15.
The above analysis shows XRP can easily reach $10 if the SEC greenlights a spot XRP ETF tomorrow. This surge will give Ripple a $589 billion market cap, making it the largest altcoin.
Meanwhile, the odds of XRP ETF approval happening soon have soared since the SEC ended its lawsuit against Ripple. Bloomberg analysts note that there is an 85% chance of approval, while on Polymarket, the odds of approval have surged to a record high of 80%.
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