Whales Buying XRP ETF Approval Nears; $15 Target Possible

Whale inflows are booming ahead of recent XRP ETF launches and potential XRP ETF approvals in the pipeline. Ripple’s acquisition of Hidden Road and the potential launch of 17 new XRP ETFs and ETPs could boost XRP prices. Additionally, introducing CME Group futures products may further drive short-term price growth.

Crypto journalist Rob Cunningham posits a $15 XRP price target. This could top out at $30 over the long term due to rising demand. Here’s why 

XRP price prediction: XRP price to the $15 – $30 range

Cunningham predicts XRP could reach $5 to $15 in the short term. Over time, it may climb to $20 to $30 or higher.

Ripple’s $1.25 billion acquisition of Hidden Road could catalyze a pump. Hidden Road is, after all, a heavyweight prime broker pushing $10 billion in daily volume. 

If 30% of the flow settles through the XRP Ledger, it could reach $3 billion daily. That adds up to $1.5 trillion annually interacting with XRP.

Cunningham estimates that the level of demand could lock up 2.7 billion XRP. It represents about 5% of the circulating supply. That’s real pressure on availability, and in markets, less supply + high utility = upward price movement.

Despite the recent downturn in XRP price action, it could still be early for investors taking the long view. A 6x gain from current prices to $15 is nothing to sneeze at.

XRP ETF news is bullish for the XRP price

As expected, the U.S. Securities and Exchange Commission has chosen to extend its review period on CoinShares’ proposed XRP ETF. This move aligns with standard regulatory procedure; the SEC rarely approves such filings ahead of the deadline, regardless of administrative shifts.

While this delay may raise eyebrows, it shouldn’t raise alarms. Most ETF decisions are scheduled to come due in late October, positioning Q4 as the realistic launch window. 

Informed platforms like Polymarket suggest strong market sentiment favoring spot-based XRP ETFs. Many expect their approval before the end of the year. Such an outcome would be pivotal in XRP’s integration into regulated financial markets.

The launch of 17 XRP ETFs, ETPs, and CME Group futures products on May 19 is expected to draw institutional investments. This move could also spark international interest in the XRP market.

As history has shown, regulated access often acts as a catalyst for price discovery and market maturity.

Finally, growing alignment with the ISO 20022 standard further solidifies XRP’s role in modern financial infrastructure, particularly cross-border payments. As utility increases, market valuation tends to follow.

XRP price remains strong despite recent drawdown

XRP remains technically strong, with bullish sentiment and improving on-chain utility metrics. However, rising netflows to exchanges and whale activity suggest increasing sell-side pressure. 

Therefore, while optimism is still dominant, the potential for short-term volatility has increased. A move above $2.60 could restore momentum, but a rejection might reinforce distribution signals. Traders must weigh sentiment against selling pressure in this critical range.

Newly-launched Remittix (RTX) could outperform the XRP price in 2025

XRP still holds long-term promise, no question. Its infrastructure, utility, and market presence are solid. But let’s be clear: the window for explosive, parabolic growth may already be closed. XRP isn’t the scrappy upstart anymore. 

However, newcomer Remittix (RTX) is. Remittix is a presale-stage disruptor in the PayFi sector, capturing serious attention as the new XRP. 

Its presale has already surpassed $15 million, reflecting strong investor interest. Analysts predict its value could multiply by 10 to 100 times in 2025.

RTX tokens are still priced at just $0.0781. That’s not just accessible, it’s strategic. It’s the entry point you rarely get once institutional interest sets in. 

If you’re looking to preserve, XRP holds value. But if you’re looking to scale? RTX is where the real upside lives.

Discover the future of PayFi with Remittix by checking out their presale here:

Website: https://remittix.io/ 

Socials: https://linktr.ee/remittix