With XRP now trading near $3.16—just below its all-time high of $3.84—market excitement is reaching a fever pitch following reports that the long-awaited XRP ETF could soon receive regulatory approval.
Analysts at Gemini believe that if the green light is granted, XRP could quickly shatter its historical ceiling and enter price discovery territory
The potential for an XRP exchange-traded fund has become one of the most discussed topics across financial circles in recent weeks. According to Gemini’s latest outlook, the approval of such a product could act as a major catalyst—not only legitimizing XRP further in the eyes of institutional investors, but also unlocking billions in fresh capital inflows.
Gemini analysts argue that XRP’s unique legal clarity and its growing usage in cross-border settlements put it in a rare position. “Unlike most digital assets, XRP has already cleared major regulatory hurdles,” they noted. “An ETF approval will validate this advantage and spark a renewed cycle of demand.”
ETF Momentum Driving Price Speculation
Historically, the listing of ETFs has triggered powerful market rallies for underlying assets. With XRP already trading within 20% of its all-time high, the psychological barrier of $3.84 may not hold for long. Gemini predicts a rapid breakout toward $4.70 in the short term, followed by a potential run toward $5.60 if bullish sentiment persists and broader market conditions remain favorable.
They also pointed to on-chain data, which shows rising wallet activity and increasing whale accumulation—signs that major players are positioning early in anticipation of an ETF-driven price spike.
Final Thoughts
While ETF approval is never guaranteed, the combination of legal clarity, market enthusiasm, and strategic backing puts XRP in a strong position. If Gemini’s forecast plays out, XRP could be on the cusp of setting a new all-time high, rewriting its market narrative in the process.