Hey friends! Big news just dropped in the crypto world. The US Securities and Exchange Commission (SEC) has given the green light for ProShares Trust to launch its XRP-related exchange-traded funds (ETFs) on April 30, 2025. This move is expected to provide investors with more options to access the popular alternative cryptocurrency through regulated financial products.
The approval of the XRP ETF is a significant milestone for the cryptocurrency. According to recent reports, XRP's price has been stagnant, but the ETF news has sparked optimism among investors. Some predict that the price could surge to 3 or even higher if the momentum continues.
*XRP Price Predictions*
Artificial intelligence models like ChatGPT and Grok have made some interesting predictions about XRP's price. If the market conditions are normal, XRP's price could reach 3.50 to 4.50 by the end of 2025. However, if the global interest in crypto increases and more countries launch XRP ETFs, the price could skyrocket to 6-8.
XRP's current price is around 2.24, with a slight increase in the last 24 hours. The cryptocurrency has been struggling to maintain steady upward momentum, but the recent surge in on-chain activity suggests that the market recovery might be imminent
To confirm a bullish trend, XRP needs to break above the 2.22 resistance zone. If it succeeds, the next significant resistance levels would be at 2.40 and 2.60. Investors are keeping a close eye on the price action and network metrics to predict the future movement of XRP.
Stay tuned for more updates on XRP and the crypto market!
