XRP price will hit $25 if ETF approved, then crash 90%, new analysis says.
XRP traders say it has the potential to rally to $27 as ETF approval odds increase.
Key takeaway:
Analysts predict XRP could hit $20–$27 in 2025.
XRP ETF approval odds jump to 98% on Polymarket.
XRP
$2.24
recouped losses made between Wednesday and Friday and hovered around $2.26, up 9.7% from its local low of $2.06.
Analysts said the altcoin may rally into double-digits amid increasing optimism of a possible spot XRP ETF approval in 2025.
Approval odds for an XRP ETF jump to 98%
The likelihood of the US Securities and Exchange Commission (SEC) approving a spot XRP exchange-traded fund (ETF) in 2025 jumped to 98% on Tuesday, according to Polymarket data.
Approval odds for an XRP ETF jump to 98%
The likelihood of the US Securities and Exchange Commission (SEC) approving a spot XRP exchange-traded fund (ETF) in 2025 jumped to 98% on Tuesday, according to Polymarket data.
Multiple spot XRP ETF applications from major players like Bitwise, Grayscale, Franklin Templeton and 21Shares have intensified pressure on the SEC, signaling robust demand for regulated XRP investment vehicles.
The launch of XRP futures ETFs by the CME Group on May 19, with $19 million in first-day trading volume, demonstrated market maturity and institutional interest, addressing SEC concerns about regulated derivatives markets.
Three companies across different sectors have unveiled plans to invest over $471 million in XRP treasuries, including Webus International’s $300 million XRP strategic reserve filing with the SEC, further underscoring corporate adoption and growing institutional trust.
ALTSEASON WILL PRESENT SEE ALSO Again
