Ripple (XRP) is expected to reach its all-time high by October, with top investor Dominic Basulto predicting a price of $4 by October 1. This is based on the potential approval of spot XRP ETFs, which could attract institutional investors and boost the price. Basulto believes buying pressure will build as the first approval date approaches, and estimates that spot XRP ETFs could draw up to $8 billion into XRP by the end of 2025.
Ripple (XRP) is expected to reach its all-time high by October 1, according to top investor Dominic Basulto. Basulto predicts a price of $4 for XRP, driven by the potential approval of spot XRP ETFs. This development could attract institutional investors and significantly boost the price of XRP.
Basulto believes that as the first approval date for spot XRP ETFs approaches, buying pressure will build, potentially drawing up to $8 billion into XRP by the end of 2025. This influx of institutional capital could significantly impact the market and drive the price of XRP higher.
Despite recent legal developments ending the SEC-Ripple dispute, BlackRock has confirmed no immediate plans to file for a U.S. spot XRP ETF. The firm cited insufficient institutional demand for XRP compared to bitcoin and ether, where it dominates ETF offerings. Regulatory uncertainty and competitive pressure from seven rival XRP ETF applications also deter BlackRock's entry [1].
However, the market remains bullish on XRP, with recent price gains and increased trading volumes. XRP's recent price gain of 4.88% has taken its market cap to an eye-watering $191.13 billion. Volumes have exploded by over 163% to $12.69 billion, with retail and institutional investors alike drawn in by renewed interest in decentralized finance and borderless payment solutions [2].
Projects like Remittix are gaining traction, offering real-world utility and innovative payment solutions. The imminent beta wallet release and innovative payment solutions have made Remittix a powerful player in the evolving crypto landscape.
As the crypto space continues to evolve, institutional capital is currently flowing away from altcoins like XRP and toward more established assets like bitcoin and ether. However, the potential approval of spot XRP ETFs could change this dynamic and attract significant institutional investment.
References:
[1] https://www.ainvest.com/news/xrp-news-today-blackrock-holds-spot-xrp-etf-legal-market-shifts-2508/
[2] https://invezz.com/news/2025/08/09/xrp-price-prediction-ripple-to-hit-10-as-remittix-becomes-top-trending-crypto/
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