XRP seems to be on an upward trend, with various indicators that might potentially increase its price. The coin is gaining traction among corporations, with increased speculation around ETF approvals for the currency. In fact, a Grayscale ETF with
XRP exposure was approved by the SEC, sparking optimism. Ripple, the company behind
XRP, applied for a federal bank trust charter, with indications of seeking a U.S. banking license. It further secured a partnership with OpenPayd, with potential implications for
XRP's role in global payments. Ripple Labs locked a large amount of XRP for market stabilization while launching a new stable coin deal. Notably, analysts such as ChatGPT and Gemini AI have predicted significant price growth for
XRP by the end of 2025. However, predictions above $3 in 2025 are considered to have a major flaw. A desirable development for
XRP was the going live of the XRPL EVM sidechain which will presumably unlock Ethereum DApps within the XRP ecosystem. There's indication of curated volatility among
XRP traders, as whales are seen accumulating and dumping tokens. There’s also growing optimism for
XRP as Robinhood launched futures contracts. However, it leaves a question whether XRP can sustain its price momentum with competition from other cryptocurrencies.
XRP Coin News Analytics from Tue, 17 Jun 2025 07:00:00 GMT to Wed, 02 Jul 2025 20:00:59 GMT -
Rating +8
- Innovation +5
- Information +7
- Rumor -3
