XRP News Today: XRP Hits Record $3.18 as ETF Approval Hopes Fuel Bullish Momentum

XRP surged to record highs in July 2025 amid speculation surrounding the potential approval of a spot exchange-traded fund (ETF) tied to the cryptocurrency. The asset climbed to $3.1843 on July 20, surpassing its 20-day moving average of $3.0142, a technical indicator signaling bullish momentum [1]. This rally followed growing institutional interest and regulatory clarity for Ripple’s XRP, with analysts forecasting prices could reach $10 within 24 months. Short-term predictions range from $4–$6, while long-term projections suggest a potential high of $30 by 2025 [1].

The catalyst for the rally was the approval of ProShares’ XRP futures ETF, which launched on April 30 and pushed the asset to a monthly high of $2.36 [3]. Ripple CEO Brad Garlinghouse highlighted that regulatory clarity for XRP could unlock institutional-grade products like ETFs, significantly expanding market access. “Regulatory clarity for XRP unlocks the doors to institutional-grade products, potentially including ETFs, that could transform market access,” Garlinghouse stated. Major asset managers, including BlackRock, have signaled interest in XRP ETFs, hinting at broader market shifts [1].

Technical analysts noted that XRP’s price action above key moving averages indicated sustained institutional demand. William, a financial analyst at BTCC, linked the asset’s performance to broader trends, such as increased corporate adoption of cryptocurrencies and rising demand for decentralized financial tools [1]. The regulatory progress, however, remains nuanced. While futures ETFs like ProShares’ offering represent a step forward, some investors argue they are less representative of XRP’s intrinsic value compared to spot ETFs [3].

The ETF speculation also influenced broader market sentiment. Altcoins like Solana and Dogecoin saw increased buying activity as investors sought exposure to crypto’s regulatory developments. This cross-asset correlation underscored the interconnected nature of digital markets, where regulatory news for one asset often ripples across the sector [7]. Meanwhile, whale activity—large holders accumulating 280 million XRP tokens in 10 days—further reinforced confidence in the asset’s near-term prospects [9].

Despite the optimism, experts cautioned against overestimating the immediate impact of ETF speculation. The SEC’s evolving stance on crypto regulations remains a wildcard, with ongoing legal challenges complicating the approval path for spot ETFs. A legal expert recently criticized comparisons between Chainlink and XRP, emphasizing distinct regulatory hurdles each project faces [8]. These nuances highlight the gap between speculative narratives and concrete regulatory outcomes.

Retail investors navigated a fragmented landscape as platforms promoted leveraged trading options amid volatility. Critics warned that such products could amplify market swings in a sector still grappling with regulatory uncertainty. Meanwhile, analysts debated whether 2025 marked the final phase of a multi-year XRP bull cycle, citing technical indicators like a V-shaped recovery and proximity to previous resistance levels [10].

XRP’s recent performance reflects the profound influence of regulatory developments on crypto markets. The anticipation of ETF approval, combined with institutional-grade investment flows and strong technical signals, created a favorable environment for price appreciation. However, the absence of concrete regulatory clarity and inherent market volatility necessitate caution. As the SEC’s July 2025 decisions unfold, the market’s response will likely serve as a pivotal test for crypto-backed ETF adoption.

Source:

[1] [Will XRP Hit $4 Amid Current Market Dynamics? | India](https://www.btcc.com/en-IN/square/XRP%20News/695664)

[2] [Bitcoin (BTC) Price Prediction 2025 2026 2027 - 2030](https://changelly.com/blog/bitcoin-price-prediction/)

[3] [ChainWave's Profile | Binance Square](https://www.binance.com/en-IN/square/profile/Square-Creator-478bede18ef2)

[7] [Ripple and Solana Seize Market Momentum Despite Recent Volatility](https://www.binance.com/en-IN/square/profile/Square-Creator-478bede18ef2)

[8] [Legal Expert Slams Chainlink and XRP Comparison](https://www.binance.com/en-IN/square/profile/Square-Creator-478bede18ef2)

[9] [Whales Scoop 280M XRP in 10 Days as Wellgistics Taps XRPL](https://www.binance.com/en-IN/square/profile/Square-Creator-478bede18ef2)

[10] [Analyst: We’re At Final Phase of XRP 2025 Bull Market](https://www.binance.com/en-IN/square/profile/Square-Creator-478bede18ef2)