XRP News Today: XRP Could Surge 607%-1,500% With First U.S. Spot ETF Launch

Crypto analyst Kenny Nguyen has made a high-profile price prediction for XRP, forecasting that the token could trade between $22 and $50 when the first wave of spot XRP ETFs begins trading in the U.S. market [1]. Given that XRP is currently priced at around $3.10, this would represent a gain of 607% to over 1,500%. At the higher end of the range, XRP’s market capitalization could rise to approximately $3 trillion from its current valuation of around $186 billion [1].

The optimism behind this forecast is tied to the potential launch of regulated XRP ETFs, which could significantly ease access to the asset for both institutional and retail investors. Unlike Ethereum, which offers staking rewards that may reduce ETF appeal, XRP lacks that feature, potentially making it more attractive for investors seeking exposure through ETFs [1]. Steven McClurg, CEO of Canary Capital—one of the firms seeking approval for an XRP ETF—has highlighted XRP’s role in global cross-border payments and its large user base as key factors that could drive inflows once ETFs are available [1].

Several market models have been used to estimate XRP’s potential price movement following ETF approval. For instance, Analyst Dom’s multiplier model suggests a 272x growth factor could push XRP’s valuation to $1.546 trillion, equating to approximately $26 per token [1]. Another projection, using a conservative 100x multiplier based on a 35% capture of Bitcoin’s ETF inflows, estimates a $1.76 trillion market cap and a price of around $30 [1]. Smaller inflow estimates, such as $11.7 billion and $5.85 billion, could still support prices of $22.20 and $12.23, respectively [1].

The broader market context also supports a bullish outlook. The probability of U.S. regulatory approval for XRP ETFs continues to climb, with Bloomberg analysts estimating a 95% chance of approval and prediction markets showing odds between 80% and 88% for 2025 [1]. Several major financial firms, including 21Shares, Bitwise, Grayscale, and WisdomTree, are awaiting a decision from the U.S. Securities and Exchange Commission, which is expected by October [1].

If approved, the first wave of XRP ETFs could mark a pivotal moment in the token’s market history. The introduction of such products would mirror the trajectory of Bitcoin and Ethereum ETFs, both of which have driven significant price movements and increased mainstream adoption [1]. While Bitcoin experienced a short-term dip on launch but later hit record highs, Ethereum’s ETFs have yet to push the asset to new price levels. XRP’s response to ETF inflows may vary depending on investor sentiment and capital flows, but the potential for a strong upward move remains a key theme among analysts [1].

The market for XRP has already shown signs of upward momentum, with its market capitalization rising from $28 billion to $181 billion in the past five months. On-chain data suggests that whale activity and wallet profitability are also on the rise, with some analysts estimating a potential price of $10 based on current accumulation patterns and price trends [1]. However, caution is also warranted, as metrics such as the Net Unrealized Profit/Loss ratio suggest that the asset may be approaching a potential market top [1].

While XRP is central to the discussion, the broader cryptocurrency market is also showing signs of potential expansion. Altcoins have recently crossed the $1.2 trillion market cap threshold, signaling possible signs of an emerging altcoin season. However, some analysts caution that the current market does not yet meet traditional definitions of altcoin season, which typically involve a majority of altcoins outperforming Bitcoin [1].

Institutional and regulatory developments continue to shape the market landscape. Ripple’s recent moves, including the application for a national trust bank charter and the acquisition of Rail, underscore its push into institutional markets. A trust bank charter could enable Ripple to offer custody services, stablecoin issuance, and settlement solutions under federal regulation, further legitimizing XRP’s use in institutional contexts [1].

As the crypto market evolves, the approval of XRP ETFs could serve as a key catalyst. By offering a familiar and regulated investment vehicle, these funds could bridge the gap between retail and institutional demand, reinforcing XRP’s position in the digital asset ecosystem. The coming months will be critical in determining whether Nguyen’s price projections—ranging from $22 to $50—are realized, with real-world investor behavior and regulatory developments ultimately shaping XRP’s path forward [1].

Source: [1] title1.............................(https://timestabloid.com/pundit-predicts-xrp-price-when-the-first-wave-of-xrp-etfs-kicks-in/)