XRP ETF Hype Grows: Could Price Hit $16.85?
XRP, one of the top cryptocurrencies, is once again in the spotlight as investor interest grows, thanks to recent developments in the crypto ETF space. As we’ve seen with Solana (SOL), the launch of exchange-traded funds (ETFs) can drive major institutional investment—and now, XRP might be next in line.
**From Solana to XRP: A Shift in Focus**
Earlier this year, Solana saw a major boost after the introduction of two ETFs—Bitwise’s Solana Staking ETF (BSOL) and Grayscale’s Solana ETF (GSOL). BSOL alone attracted over $69 million in investments on its first day. This showed that big financial players are ready to invest heavily in crypto assets beyond just Bitcoin and Ethereum.
Experts believe that if an ETF buys up around 5% of a token’s circulating supply, it can significantly affect its market price. Applying this logic to XRP, similar buying activity could have a big impact on its value.
**XRP ETF Applications and Institutional Interest**
Now, XRP is going through a similar phase. Several financial companies, including Bitwise, Canary Capital, and 21Shares, have submitted applications for XRP-based ETFs. These companies are the same ones that previously launched ETFs for Solana, Hedera (HBAR), and Litecoin (LTC), and they’re now speeding up the process for XRP.
If approved by the U.S. Securities and Exchange Commission (SEC), these XRP ETFs could bring in billions of dollars in new investments. Analysts estimate that if these funds were to purchase 4.95 billion XRP tokens—roughly 5% of the total supply—that would equate to about $12.3 billion flowing into XRP. This could push XRP’s total market value from $150 billion to a staggering $1 trillion.
That kind of increase could raise the price of XRP from its current level around $2.20 all the way up to $16.85—a massive 574% jump.
**What’s Driving the Buzz Around XRP?**
This growing attention isn’t just about hype. The interest from large institutions is real and increasing fast. With more companies applying for ETFs and making moves behind the scenes, there’s strong momentum building.
However, it’s important to keep expectations grounded. These predictions are based on models and estimates. The actual market outcome depends on many factors: overall liquidity, how fast regulators move, and how investors react.
**Bottom Line**
XRP is attracting serious attention as ETF applications move forward. If approved, institutional investors could pour billions into the token, possibly driving up its price significantly. But like all things in crypto, it’s a high-risk, high-reward game. Always do your research and stay updated.
**Key Terms for Search and AI Applications:**
XRP ETF, XRP price prediction, XRP institutional investment, cryptocurrency ETF news, SEC ETF approval, XRP market cap forecast, Ripple token supply, XRP future outlook, digital asset investing, crypto market trends