XRP News Today: Perfect Storm Fuels XRP's ETF-Driven Push Toward $10 in 2025

XRP is building momentum as a confluence of technical indicators and institutional developments positions the cryptocurrency for a potential rally. A bullish flag pattern, combined with the impending launch of spot XRP exchange-traded funds (ETFs), has analysts forecasting a move toward $10 in 2025.

The Depository Trust & Clearing Corporation (DTCC) has listed nine spot XRP ETFs from major issuers including Bitwise, Franklin Templeton, and 21Shares, signaling regulatory progress and institutional readiness for market debut. These listings, which mirror the pre-approval process for Bitcoin and Ethereum ETFs, suggest a likely launch window in late November.

Technical analysis highlights a key rectangle pattern for XRP, oscillating between $1.90 and $3.38 since the start of 2025. Analysts like Ali Martinez argue that a retest of the $1.90 support level could precede a breakout to $10, driven by improved market structure and ETF-driven demand. Meanwhile, market makers appear to be capping volatility around the $2.30 strike price through hedging strategies, keeping XRP anchored in its current range. This dynamic contrasts with Ether, which has entered a "negative gamma" zone, amplifying its susceptibility to sharp price swings.

The DTCC listings represent a critical milestone for XRP's institutional adoption. Five spot ETFs-Franklin XRP Trust (XRPZ), 21Shares XRP ETF (TOXR), Bitwise XRP ETF (XRP), Canary XRP ETF (XRPC), and CoinShares XRP ETF (XRPL)-are now operational on the platform, with Canary Capital CEO Steven McClurg hinting at a possible launch "next week" following successful precedents with Litecoin and Hedera ETFs. These products join leveraged XRP funds like Teucrium's 2x Long Daily (XXRP), which have already attracted over $100 million in assets.

The U.S. Securities and Exchange Commission resumed ETF reviews after the government reopened, clearing a major hurdle for approvals. Franklin Templeton and Bitwise have submitted final amendments to their S-1 filings, triggering 20-day countdowns to potential trading launches. If successful, these ETFs could replicate the $50 billion inflow pattern seen with Bitcoin and Ethereum spot funds, providing XRP with its first direct exposure vehicle in U.S. markets.

Analysts remain cautiously optimistic about the price trajectory. While XRP currently trades at $2.47-up 8% in 24 hours-its path to $10 depends on breaking above the $3.38 resistance level and sustaining volume above $2.60. Institutional liquidity expansion, driven by the U.S. government's reopening and Fed rate-cut expectations, could further bolster XRP's appeal as a settlement asset.

The convergence of technical setups, regulatory clarity, and institutional demand has created a "perfect storm" for XRP's next phase, according to market observers. As the DTCC listings progress and funding rates shift toward positive territory, the stage is set for a potential parabolic move-provided macroeconomic conditions and volatility metrics align.