XRP News Today: XRP's $100 Hype Faces Technical Headwinds as ETF Delays Fuel Uncertainty

The XRP community is divided over the future trajectory of the altcoin, with bullish forecasts clashing against cautious technical analyses as regulatory developments and institutional interest shape the landscape. A potential spot XRP exchange-traded fund (ETF) approval, delayed by the U.S. government shutdown, has sparked optimism among investors, with XRP's price surging to $2.68 in early October amid a 147% spike in trading volume, according to TradingView. However, conflicting predictions and market dynamics underscore the uncertainty surrounding the token's next move.

Jake Claver, a prominent crypto analyst, has ignited debate with a bold forecast that XRP could reach $100 by the end of 2025, citing institutional demand, ETF approvals, and financial restructuring as catalysts, according to a Coinpedia report. His argument hinges on a "market multiplier effect," where $550 billion in new liquidity could push XRP toward his target, drawing parallels to Bitcoin's early bull runs. Claver also highlighted Ripple's strategic acquisition of Hidden Road as a key enabler for institutional adoption, allowing major firms like BlackRock to leverage the XRP Ledger for secure settlements.

Conversely, technical analysts warn of volatility, noting that XRP's price remains fragile despite holding above critical support at $2.61. Data from FXStreet shows open interest in XRP futures has dropped 40% to $4.46 billion since October 1, reflecting waning retail activity and leveraged positions. A sustained close above $2.61 is deemed essential to rekindle the uptrend, though easing bullish momentum—evidenced by a downward-trending RSI—suggests caution. Meanwhile, the Federal Reserve's upcoming rate decision adds another layer of unpredictability.

Institutional backing appears to bolster XRP's case. Evernorth Holdings, a Ripple-backed firm, has accumulated 388.7 million XRP, nearing its $1 billion treasury target, according to a Bitcoinsistemi report. The company's average purchase price of $2.44 could serve as a technical support level, with on-chain analysts noting similar strategies used by firms like TRON Inc. to stabilize prices. Evernorth's treasury expansion, coupled with Ripple's prime brokerage license, signals growing institutional confidence in the asset's utility for cross-border settlements.

Regulatory developments remain pivotal. While ETF approvals from the SEC are expected post-shutdown, delays have already sparked skepticism. Analysts predict approvals between late November and mid-December 2025, which could trigger a liquidity surge, though skeptics argue that a $100 price target would require XRP's market cap to jump from $180 billion to $6 trillion—a scenario deemed unrealistic without broader macroeconomic shifts.

The market's technical reset, marked by a drop in open interest to May 2025 levels, has also drawn attention. Crypto analyst CryptosRus noted that such resets historically precede rallies, citing a similar pattern in 2025 when XRP surged to $3.50, as reported by NewsBTC. With leverage minimized and "strong hands" retaining positions, the analyst anticipates a potential breakout if new liquidity flows in.

As the XRP community navigates these diverging narratives, the interplay of regulatory clarity, institutional adoption, and technical resilience will likely determine whether the altcoin's next move mirrors past parabolic runs or succumbs to bearish pressures.