The price of XRP could reach $10-$50 if a spot XRP exchange-traded fund (ETF) is approved as per ChatGPT. XRP recently logged a new high of $3.38 on January 16 and is now on the lips of many cryptocurrency investors asking how high the token’s price could go in 2025.
AI believes that approval for spot ETF could give XRP a moderate boost in its price with the target range being between $5 and $10. This would probably attract both small and large investors, provided that the overall mood towards cryptocurrencies remains bullish and the legal status of these assets becomes more or less clear.
In an even more optimistic bullish market, a market-driven rally could take XRP even higher to between $50 and $100. Such a rise would require massive institutional investors, increased usage, and speculative demand, much like the Bitcoin (BTC) price rise at the peak of bull runs.
For even higher price expectations, the analysts are considering $30 for XRP. This may be due to the higher demand from institutional investors and the expansion of the use cases for XRP Ledger for international payments or other factors that may be favorable in the economy.
Many anticipate that the approval of a spot XRP ETF could bring billions of dollars in investment with firms such as Bitwise, Canary Capital, and WisdomTree filing for ETFs.
Given that the Trump administration is expected to be friendly to the cryptocurrency industry, the chances of getting the green light for a spot XRP ETF remain high. XRP is currently above $3.20, up 19% in the last 24 hours, after reports of a US-based cryptocurrency reserve.
Also Read: XRP Hits New All-Time High on Binance, Kraken, Bitfinex
