Today, May 22, 2025, XRP is in the spotlight with significant developments that could influence its future trajectory.
🚀 Launch of the First XRP Futures ETF in the U.S.
Volatility Shares has launched the first XRP futures ETF in the United States, operating under the ticker XRPI. This product allows institutional investors to access XRP through a regulated channel, which could increase liquidity and institutional adoption of the asset.
⚖️ Legal Situation and Spot ETF Outlook
Although the futures ETF is a significant step, the approval of a spot ETF for XRP is still pending. The U.S. Securities and Exchange Commission (SEC) has delayed decisions on several applications, including that of Franklin Templeton. Bloomberg analysts suggest that approval could come in the fourth quarter of this year.
📊 Technical Analysis and Key Levels
Currently, XRP is trading around $2.42. Analysts point out significant resistance at $2.69; a close above this level could indicate a bullish continuation. However, a drop below support at $2.30 could lead the price towards the $2.10–$2.15 zone.
🧠 Price Projections
Prediction models suggest that XRP could reach $10 in the next 16 months, assuming a monthly growth of 10%. This scenario is based on the momentum generated by the launch of the futures ETF and the possible approval of a spot ETF.
In summary, the launch of the futures ETF marks a milestone for XRP, but the focus is now on the possible approval of a spot ETF and how the price will react to key technical levels. Investors should stay informed and consider these factors when making decisions.
