The price of XRP is surging as the crypto market buzzes with speculation that financial giant BlackRock may soon file for a spot XRP ETF. Analysts and investors are now openly discussing a potential breakout above $3, with some even projecting a run up to $9.
🚀 XRP Price Rises on ETF Optimism and End of SEC Lawsuit
XRP has posted major gains following news that the long-standing legal battle between Ripple and the SEC has come to an end. This milestone opens the door for regulated investment products like ETFs and increases confidence among institutional investors.
Although BlackRock hasn’t officially filed an application, insider reports suggest that ETF filings for both XRP and Solana (SOL) are “imminent.” Many believe that the resolution of the SEC lawsuit could be the key trigger to move these ETFs forward.
📊 ETF Momentum Builds – Even Trump’s Platform Joins In
Notably, Donald Trump’s Truth Social platform has filed for a so-called Crypto Blue Chip ETF, which would include XRP among other top tokens. Furthermore, DTCC recently added the ProShares Ultra XRP ETF (UXRP) to its product list, signaling market readiness for more XRP-based funds.
Meanwhile, actual capital flows confirm investor interest. The Teucrium 2X Long Daily XRP ETF (XXRP), launched in April, has been attracting steady weekly inflows and now manages nearly $160 million in assets—despite its high 1.89% expense ratio.
📈 Analysts See Path to $9
JPMorgan analysts believe an XRP spot ETF could receive approval later this year, potentially drawing up to $8 billion in institutional capital during its first year. Such a capital injection could drive XRP’s price significantly higher, pulling liquidity from larger assets toward this altcoin.
Currently, XRP is outperforming the broader market—up 6.1% in the past 24 hours, compared to a 4.53% increase across all crypto assets. If XRP can break above $2.56, analysts believe $3 is the next clear target.
Crypto analyst Javon Marks even projects XRP could rally to $9.63, representing a 251% increase from current levels.
Key Takeaways:
🔹 BlackRock ETF rumors fuel bullish momentum
🔹 SEC lawsuit resolution removes legal uncertainty
🔹 Institutional demand rising with real fund inflows
🔹 Analysts predict $3 in the short term, up to $9 long term
#xrp , #Ripple , #Altcoin , #CryptoPredictions , #CryptoCommunity
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