Will XRP ETF Launch Propel XRP to $10? Insights on Ripple’s Price Surge and ETF Anticipation
Key Highlights:
- XRP price has surged 368% over the past month, fueled by Trump’s win and speculation over an XRP ETF.
- Analysts anticipate XRP ETF inflows could reach $2 billion in the first month, driving potential price gains.
- Factors like Gary Gensler’s resignation and the RLUSD launch could further bolster XRP’s rally.
Ripple’s XRP ETF and Price Potential
XRP has experienced remarkable growth in 2024, marked by a 368% rise in the past month alone. This rally comes amid broader optimism in the crypto market, spurred by pro-crypto sentiment following Trump’s election victory. XRP recently reached a seven-year high of $2.84 and currently trades at $2.41.
The anticipation of an XRP ETF approval is driving excitement, with expectations that it could significantly increase accessibility for investors, create token scarcity, and boost adoption. Combined with factors like Gary Gensler’s resignation and the RLUSD stablecoin launch, some analysts predict the token could reach $10. 
XRP’s ETF Impact: Lessons from Bitcoin and Ethereum
The success of Bitcoin and Ethereum ETFs offers insight into XRP’s potential trajectory. The Bitcoin ETF, approved in January 2024, has played a key role in pushing Bitcoin to its all-time high of $106,488.25. Similarly, Ethereum saw steady price gains after its ETF approval in July 2024, with net inflows reaching $855 million in a single week.
If XRP’s ETF follows a similar path, analysts estimate first-month inflows between $1.8 billion and $2.3 billion. Over three months, inflows could range from $2 billion to $2.6 billion. These figures suggest a price boost to $3 initially, with $10 becoming plausible if key catalysts align, such as the Ripple vs. SEC case resolution and successful RLUSD rollout. 
Institutional Demand and Market Sentiment
Major firms like WisdomTree, Bitwise, and 21Shares have already filed for XRP ETFs, reflecting institutional confidence. Despite its long-standing challenges with the SEC, XRP remains the fourth-largest cryptocurrency by market cap, further supporting its case for ETF approval.
Final Thoughts
The XRP ETF has the potential to reshape the token’s market dynamics, mirroring the success of Bitcoin and Ethereum ETFs. While XRP could hit $3 in the short term, reaching $10 will require a confluence of positive developments, including the ETF launch, RLUSD success, and favorable regulatory outcomes.
The road ahead for XRP appears bullish, with strong demand, institutional support, and improving market sentiment setting the stage for continued growth.
