XRP News Today: XRP's ETF Rally Faces Regulatory Crosswinds-Can It Reach $10?

XRP, the digital asset issued by Ripple, is drawing renewed attention as market participants anticipate a potential parabolic rally driven by a combination of institutional adoption, ETF launches, and technical indicators. Recent data shows XRP attracting $28 million in weekly inflows, defying broader crypto market outflows, while analysts and industry leaders project significant capital inflows from structured investment vehicles. The token's price has surged to above $2.50, though it faces short-term volatility as traders assess its sustainability according to technical analysis.

A key catalyst for optimism is the launch of the Canary Capital XRP ETF (XRPC), which generated over $46 million in trading volume within its first hours of trading on November 13. Despite the ETF's strong debut, XRP's price dipped by 2.7% in the following 24 hours, a classic "sell-the-news" reaction. Bloomberg analysts highlighted the ETF's performance as one of the top 2025 launches, with James Seyffart noting its potential to rival Bitwise's Solana ETF in terms of trading volume. This development aligns with broader institutional interest, as Franklin Templeton and other firms reportedly adjust filings for XRP ETFs.

Crypto.com CEO Kris Marszalek has further amplified expectations, predicting that an XRP ETF could attract up to $8 billion in inflows during its first year. His comments, shared via social media, underscore growing confidence in XRP's institutional appeal, particularly as traditional financial channels increasingly embrace digital assets. Marszalek emphasized that such inflows could reshape XRP's liquidity and valuation, positioning it as a cornerstone of regulated crypto investing.

Meanwhile, XRP's utility is expanding beyond speculative trading. A new liquid-staking product, mXRP, launched on the BNB Chain, allows investors to earn yield on their XRP holdings through DeFi protocols. Developed by Axelar, Midas, and Lista DAO, mXRP represents a transparent, on-chain solution for generating returns while maintaining custody control. This innovation adds another layer of demand for XRP, particularly among BNB Chain users who hold $800 million in wrapped XRP.

Technical indicators suggest XRP's rally remains in early stages. The token is currently trading above its 200-period EMA at $2.49, with the RSI at 68, indicating moderate momentum. However, open interest in XRP futures has declined to $3.36 billion, down from October's peak of $9 billion, signaling cautious sentiment among traders. Sustaining the uptrend will require renewed risk-on positioning, as suppressed open interest suggests limited conviction in a prolonged bull run.

Analysts at JPMorgan and other firms have also weighed in, forecasting $8 billion in ETF-related inflows for XRP. These projections, combined with regulatory developments under the Trump administration's pro-crypto agenda, have fueled speculation that XRP could surpass $10 in the near term. However, market participants remain wary of regulatory uncertainties, as the SEC's stance on XRP's classification continues to evolve.

The interplay of ETF demand, yield-generating products, and technical resilience positions XRP as a focal point in the crypto market. While short-term volatility persists, the convergence of institutional adoption and innovative use cases may yet trigger the anticipated parabolic move.