XRP supporters are once again drawing parallels between Bitcoin’s explosive post-ETF performance and what could happen next for XRP.
Finance commentator Zach Rector says many investors are still underestimating how powerful ETF-driven demand can be. He argues that a 200% rally in XRP is “extremely” conservative. Notably, XRP currently trades at $2.20, up slightly by 0.38% today.
“Bitcoin Pumped 200% After ETFs — XRP Can Do the Same, or More”
Rector highlighted that Bitcoin surged over 200% after its spot ETFs launched in January 2024. BTC climbed from the post-ETF low of $38,518 to new record highs above $126,000.
He noted that XRP’s current setup closely mirrors Bitcoin’s early ETF phase, yet some investors remain skeptical of a comparable rally. According to Rector, XRP has the potential to exceed a 200% surge.
For context, a 200% increase from the current price would put XRP at $6.60, entering uncharted territory for the coin.
Meanwhile, Rector’s recent ETF analysis projected that XRP could add $500 billion to $1 trillion in market value over the next few years, potentially placing XRP in the $10–$20 range depending on the scale of institutional inflows.
“Most Don’t Understand What’s Coming”
Rector’s post drew similar reactions, with some noting that the market remains largely unaware of developing ETF dynamics. Crypto commentator Rohit Chaudhary responded, “Most have no idea what’s happening behind the scenes and what’s coming with XRP.”
Community member AlfRed pointed out that the actual available XRP supply is much smaller than what exchanges report. He suggested a scenario in which most XRP holders refuse to sell below $5, leaving only a small portion available.
In this case, even if exchanges list 4.2 billion XRP, only a fraction would be for sale at current prices, potentially driving the price higher.
Earlier forecasts suggest XRP ETFs could see $5–10 billion in monthly inflows, similar to Bitcoin’s launch. Using Bitcoin’s inflow-to-market-cap model, Rector believes XRP could be poised for a major revaluation.
Post-ETF Patterns: Is XRP Repeating Bitcoin’s Early Dip Before a Rally?
Market analysts have also noted a dip in XRP’s price following the launch of Canary Capital’s XRPC ETF, similar to Bitcoin’s behavior after its ETF debut.
Bitcoin fell 21% in the two weeks after ETF approval in January 2024, before staging a massive recovery that ultimately saw a 227% rise from its post-ETF low.
Analyst EGRAG recently suggested that XRP may be following the same pattern. XRP has seen a short-term dip below $2 after ETFs, somewhat mirroring Bitcoin’s trajectory. EGRAG projects a potential run toward $6–$7, though this has yet to materialize.
Other analysts have issued longer-term projections of $10–$20 based on ETF inflows, reinforcing Rector’s view that a 200% surge may indeed be “conservative.”
However, XRP may not exactly follow Bitcoin’s blueprint and could chart its own trajectory. For instance, Ethereum has had ETF purchases since last year, yet its price has not experienced the same post-ETF surge seen with Bitcoin.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
