Ripple’s XRP is back in the spotlight as analysts suggest it could follow in the footsteps of Bitcoin and Ethereum, both of which have staged historic rallies this year.
At the same time, momentum for a spot XRP exchange-traded fund (ETF) is building, with asset managers like Grayscale and Bitwise filing amendments to strengthen their proposals.
Why XRP Could Be the Next to Rally
- Historical patterns: Bitcoin surged past $120,000 earlier this summer before Ethereum followed with new highs. Analysts argue XRP could be next in line for a breakout.
- Institutional adoption: Ripple’s partnerships with global banks and payment processors continue to expand, strengthening its utility in cross-border transactions.
- Legal clarity: With most of Ripple’s legal battles against the SEC resolved, XRP has a clearer regulatory path than in years past.
If momentum mirrors Bitcoin and Ethereum, traders say XRP could break through $5 resistance and potentially test higher levels by year’s end.
Spot XRP ETF Progress Is a “Very Good Sign”
One of the strongest catalysts for XRP may be the push for a spot XRP ETF, which would open the asset to mainstream investors. This week, multiple firms — including Grayscale and Bitwise — filed updated proposals with the SEC, a move analysts are calling a “very good sign” for eventual approval.
ETF approval would:
- Unlock billions in institutional capital.
- Provide easier access for retail investors through traditional brokerage accounts.
- Add legitimacy to XRP’s role in global finance.
The Big Picture for Crypto Investors
For investors wondering if XRP will be the “next Ethereum,” the signs are encouraging. With ETF filings gaining traction, adoption rising, and technical setups pointing bullish, XRP is positioned to become the next breakout story in crypto markets.
FULL COVERAGE: XRP | Cryptocurrency Market
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