$XRP XRP is currently trading at $2.46, down 0.00408% from its previous close.

Analysts are optimistic about XRP’s future, especially with the potential approval of cryptocurrency ETFs beyond Bitcoin and Ethereum. Grayscale Investments, for example, has filed with the SEC to convert its XRP fund into an ETF that would trade on the New York Stock Exchange. However, approval could face hurdles due to ongoing regulatory issues.

Price projections for XRP vary among analysts. Some predict that the token could reach between $5 and $7 by mid-2025, fueled by Ripple’s advances. Others are even more bullish, suggesting that XRP could reach as high as $11 in the same timeframe. There is also technical analysis that points to a possible significant increase, with price targets reaching $50 by early 2025.