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Pundit Explains Real Reason Forbes Flipped Positive on XRP

Sam Wisdom Raphael
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Pundit Explains Real Reason Forbes Flipped Positive on XRP

An XRP community commentator has recently reacted to Forbes’ sudden change of stance around Ripple and XRP.

Notably, Forbes agitated the entire XRP community in June 2024 when it mentioned XRP among its 50 “zombie blockchains” and claimed the project lacked real activity and genuine utility.

Sixteen months later, the magazine completely flipped its stance and praised Ripple’s growth while calling the company’s progress a major reinvention. This turn has now caught the attention of well-known market pundit The Modern Investor, who sought to explain why this change occurred, citing reports from The Crypto Basic.

Changes Occurring Across the Crypto Space

In a video commentary, he called out the rapid changes taking place across the crypto market and the inconsistent way many major voices cover these shifts. “A lot of the news lately, if you’ve been paying attention, has kind of been all over the place,” The Modern Investor said.

He explained that anyone who followed Ripple closely already understood the company’s momentum long before Forbes acknowledged it. 

The pundit called attention to Ripple’s long list of bank partnerships, its expansion into regulated regions outside the United States, and the steady delivery of new products even during the lengthy SEC lawsuit. To him, Forbes’ old “zombie blockchain” tag never matched Ripple’s actual progress.

Why Forbes and Others Flipped Positive on XRP and Ripple

The Modern Investor then described a major turning point early in 2025, when Ripple gained sudden attention in Washington. He discussed Ripple CEO Brad Garlinghouse’s appearance inside the White House, and noted how important that moment became for the entire market. 

“It became abundantly clear if you missed it… with all these videos and photos of Brad Garlinghouse in the White House and then it being announced that the US, along with Bitcoin, was going to accumulate XRP for their reserve thing as well,” he said.

According to him, this improvement in visibility pushed institutions and commentators to reassess Ripple’s influence. As he explained, the same people who dismissed XRP for years suddenly began praising Ripple’s position in institutional finance. He said their tone changed because they finally understood how much progress Ripple had already made.

To underline this point, he spoke about Ripple’s ability to follow through on its promises. He explained how Ripple merged older services into a single ecosystem, expanded on-chain activity, and strengthened XRP’s role at the center of its products. 

Ripple’s Progress Went Unnoticed

He then highlighted Ripple’s aggressive expansion through acquisitions. He explained how the company now positions itself to compete directly with major custodians and asset managers by buying firms that handle treasury, custody, and institutional settlement. 

Throughout the video, he also expressed frustration over how financial media handled Ripple over the past several years. He questioned why a publication with global reach failed to recognize Ripple’s progress earlier and said their earlier coverage never matched the real developments occurring since 2020. 

“It makes me annoyed when publications… just kind of lie outright. If me and you were getting crazy good news about Ripple and XRP over the last five years, doesn’t it seem weird that Forbes didn’t have that news?” the pundit asked.

Notably, he said the new stance from Forbes simply confirms what long-term XRP proponents already knew. He believes Ripple will continue to grow through acquisitions, tokenization deals, and institutional custody services. He says the market will eventually recognize this progress fully and allow XRP’s price to reflect the scale of what the company continues to build.

Here’s Solana Path to $140 Despite Consistent Long Liquidations

Mark Brennan
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Here’s Solana Path to $140 Despite Consistent Long Liquidations

Solana trades under pressure but key support and momentum levels still leave room for a rebound.

Notably, the broader crypto market remains under pressure after a sharp risk-off turn in November, with leading altcoins giving back a sizable portion of their prior gains. Intraday action is still choppy, but the bias across most large caps has tilted lower as traders react to fading upside momentum.

Solana’s latest performance underlines this mood. SOL is trading at $129.14, down about 0.6% on the day, with a 24-hour range between roughly $128.65 and $133.96. SOL now has a market capitalization of about $72 billion on more than $4.6 billion in daily volume. 

Even so, the price has fallen around 9.2% over the past week and more than 33% in the last month. This environment is setting the stage for a closer look at its price structure, indicators, and key support zones.

Solana Price Analysis 

On the 4-hour Solana chart from TradingView, the Fibonacci Retracement tool maps the latest downswing from about $144.65 to $121.65. Specifically, price has rebounded off that swing low but is now slipping again after failing to hold above the 0.382 and 0.5 retracement levels near $130.44 and $133.15. 

Screenshot 2025 11 24T133753068
Solana

Trading above $129, SOL sits just above the 0.236 level at $127.08, which is the next important support. A decisive break below it would expose the prior low near $121.65, while a recovery back over the 0.5 Fib would reopen the path toward the $136–$140 zone. Solana would need to surge by about 8.41% to reach $140 from the current $129.14.

The Relative Strength Index (RSI 14) is hovering around 44–45, slightly below the neutral 50 line, signaling a mild bearish bias but not yet oversold conditions. This reading suggests that sellers still have the upper hand after the recent bounce, yet there is room for momentum to extend in either direction.

If RSI slips toward 40 with price losing the 0.236 Fib, it will confirm a continuation of the downtrend. Conversely, a push above 60 on RSI alongside a reclaim of the 0.5 Fib would be an early sign that buyers are regaining control and that a stronger relief rally may be forming.

SOL Leverage Flush Hits Longs

Elsewhere, latest liquidation data for Solana shows that leveraged traders have taken notable losses on both sides of the market, with long positions bearing most of the damage.

Specifically, the 4-hour window recorded about $2.57 million in liquidations, almost entirely made up of long positions (about $2.55 million). This shows how the recent downside price action has primarily punished overleveraged buyers.

Screenshot 2025 11 24T135731585

The picture broadens over longer intervals but still favors long-side liquidations. In the last 12 hours, total liquidations stand near $7.88 million, of which about $6.21 million are longs and $1.67 million are shorts. 

Across the full 24-hour period, roughly $11.19 million in Solana positions have been “rekt,” with longs accounting for around $6.83 million and shorts about $4.36 million. This mix suggests sharp swings are flushing out leverage in both directions, yet with a clear tilt toward long capitulation as price grinds lower.

24/7 Wall St Predicts XRP Price for Next Year

Lele Jima
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24/7 Wall St Predicts XRP Price for Next Year

Financial outlet 24/7 Wall St has issued a bullish 2026 outlook for XRP as Ripple prepares to launch RLUSD in Japan.

Predictions about XRP reaching a new all-time high by the end of 2025 are gradually waning amid the ongoing bearish trend. Even with the launch of spot XRP ETFs, including one from Bitwise and Canary, the token failed to stage a strong rally.

Meanwhile, more XRP ETFs are launching this week, including Grayscale’s GXRP and Franklin Templeton’s EZRP.

Notably, XRP has traded between $1.83 and $2.39 since last week. With XRP trading at $2.06 at press time, it is down 43.56% from its multi-year high of $3.65.

As market conditions remain uncertain, investors and analysts are shifting their attention to 2026. Many believe XRP could stage a strong recovery next year, and 24/7 Wall St is among the bullish commentators.

Upcoming Launch of RLUSD in Japan Could Influence XRP Price

In a recent analysis, the platform pointed to the upcoming launch of Ripple USD (RLUSD) in Japan as a key catalyst that could boost XRP’s performance next year.

It described Japan as Ripple’s most strategically important market heading into 2026, highlighting the country’s clear crypto rules and fully defined stablecoin regulations. Specifically, Ripple and its longtime partner, SBI, are preparing to roll out RLUSD in Japan by the first quarter of 2026.

According to 24/7 Wall St, Japan’s legal framework could enable banks and payment firms to adopt RLUSD immediately, with SBI integrating it directly into its remittance networks.

Although RLUSD will primarily support USD-based settlements, its introduction could increase interest in XRP, potentially strengthening the asset’s position heading into 2026.

XRP Outlook for 2026

Notably, 24/7 Wall St lays out three price scenarios for XRP. They all depend on how quickly RLUSD gains traction in Japan, with XRP ETFs as a supporting factor.

Bullish Case

In the most optimistic scenario, 24/7 Wall St assumes that banks and payment processors adopt RLUSD early, driving significant usage across major corridors—particularly between Japan and the Philippines. It projected monthly settlement volumes in this corridor alone to reach around $300 million.

Concurrently, inflows from XRP ETFs are expected to grow steadily, while a decline in Bitcoin dominance could enable altcoins to recover. Under these conditions, XRP could climb into the $3.50–$4.50 range by the end of 2026, according to 24/7 Wall St.

Base Case

The base scenario assumes SBI leads early RLUSD adoption, while other banks move cautiously. Monthly volumes for RLUSD in Japan are projected to range between $100 million and $150 million.

With Bitcoin dominance remaining high, altcoin rotation would be limited. As a result, the outlook expects XRP to trade between $2.30 and $3.30 for most of 2026.

Bearish Case

In the bearish scenario, 24/7 Wall St projects that XRP could remain in the $1.80–$2.10 range throughout 2026. This assumes that RLUSD integration in Japan is delayed into late 2026 due to regulatory hurdles, while institutional investors scale back exposure to XRP ETFs. Additionally, a rise in Bitcoin dominance to around 65% could further limit liquidity for altcoins.

These scenarios highlight how RLUSD adoption, ETF inflows, and Bitcoin dominance could shape XRP’s trajectory in the coming year.

Bitcoin Creator Satoshi Now “Poorer” Than Bill Gates After $41B Loss

Mark Brennan
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Bitcoin Creator Satoshi Now “Poorer” Than Bill Gates After $41B Loss

Bitcoin has lost more than 30% of its value over the past month, marking one of its sharpest pullbacks this year. 

As of press time, the world’s largest cryptocurrency hovered near $87,281, far below the $126,080 peak recorded in early October. This downturn has had a direct impact on the estimated net worth of its mysterious founder, Satoshi Nakamoto.

According to Arkham Intelligence, wallets linked to Satoshi were worth about $137 billion just over a month ago. At that point, the Bitcoin creator would have ranked around 11th on Forbes’ billionaires list. However, Forbes does not officially track Satoshi.

As Bitcoin continued to fall, the estimated value of those holdings dropped to $95.8 billion, moving Satoshi closer to 20th place and below Bill Gates, whose wealth is estimated at roughly $104.4 billion.

Satoshi Nakamoto Bitcoin Holdings
Satoshi Nakamoto Bitcoin Holdings

How Analysts Estimate Satoshi’s Bitcoin Holdings

Despite documentaries, investigations, and public claims, no one has verified the creator’s identity since the publication of the Bitcoin white paper in 2008.

Crypto researchers estimate Satoshi’s holdings using the Patoshi Pattern, a unique mining signature found in the earliest Bitcoin blocks. This approach suggests the creator mined roughly 1.1 million BTC, which aligns closely with Arkham’s estimate of 1.096 million BTC.

Nevertheless, analysts caution that Satoshi’s true wealth remains uncertain because there is no information about any non-Bitcoin assets the creator may hold.

Quantum Computing Concerns Return to the Spotlight

Meanwhile, the drop in Satoshi’s estimated wealth coincides with growing fears about the impact of quantum computing on Bitcoin’s security. Many experts believe that a future “Q-Day” could challenge the cryptographic foundations that protect Bitcoin transactions. As these concerns gain traction, discussions about safeguarding the network continue to intensify.

For instance, some proposals call for freezing Satoshi’s coins to protect them from potential quantum attacks. Alternatively, others suggest a hard fork to upgrade Bitcoin with stronger, quantum-resistant encryption. Although these ideas remain controversial, they reflect growing urgency within parts of the cryptocurrency community.

Could Satoshi Re-emerge?

Amid these debates, some industry leaders believe the quantum threat may be significant enough to draw Satoshi out of hiding. 

Joseph Chalom, co-CEO of SharpLink Gaming, has argued that the creator might eventually step forward when crucial decisions about encryption and protocol changes arise.

Specifically, Chalom stated in September that such decisions could involve whether to execute a hard fork on the network.

Moreover, they may also pertain to the management of long-inactive wallets. He further suggested that these choices may surface within five to ten years, as the push for quantum-resistant standards becomes more pressing.

Expert Reveals XRP Price in 5 Years With ETF Inflows and Market Cap Multipliers

Albert Brown
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Expert Reveals XRP Price in 5 Years With ETF Inflows and Market Cap Multipliers

A well-known market commentator has presented how XRP ETF inflows could push prices to three digits, citing data from the Bitcoin products.

The launch of two XRP ETFs, Canary Capital’s XRPC and Bitwise’s XRP, has led to renewed interest in how more ETF approvals could affect XRP’s long-term price outlook. Interestingly, Grayscale plans to debut its own fund, GXRP, today, adding more momentum to the discussion.

Amid the growing attention, market commentator Zach Rector recently presented a projection showing how ETF inflows could push XRP to the $40–$168 range. He built the outlook from data showing how Bitcoin performed after its own ETFs went live.

In a video commentary, the pundit revealed that he looked at how Bitcoin reacted once spot ETFs hit the market and used those numbers to explore similar possibilities for XRP. 

Bitcoin ETF Performance

According to his breakdown, Bitcoin drew $62.25 billion in ETF inflows between Jan. 11, 2024, the day the ETFs launched, and Oct. 10, 2025, when Bitcoin reached its cycle peak.

Bitcoin ETF Flows Bloomberg Intelligence
Bitcoin ETF Flows Bloomberg Intelligence

He then reviewed centralized exchange data for the same period and found heavy capital leaving Bitcoin across multiple weeks. With help from AI, he combined the totals and confirmed $24.31 billion in outflows between Jan. 1, 2024, and Oct. 12, 2025. 

This figure includes nearly $13 billion that left exchanges in 2024 and another $11.4 billion in 2025. Rector suggested that these numbers represent cash or stablecoins exiting Bitcoin, not coins moving into cold storage. However, there is no way to fully ascertain this.

Rector said these weekly outflows showed up consistently on Coinglass, often as long streaks of red bars. When he subtracted the $24.31 billion in outflows from the $62.25 billion in ETF inflows, he arrived at $37.94 billion in net new capital entering Bitcoin during the ETF period. 

The pundit argued that this inflow played a major role in Bitcoin breaking past $100,000 and reaching a new all-time high. To him, institutional demand through ETFs helped stabilize the market while large holders sold through centralized exchanges.

He then evaluated Bitcoin’s market-cap reaction to that $37.94 billion net inflow. After the early “sell-the-news” dip in 2024, Bitcoin’s market cap fell to $756 billion but later climbed to roughly $2.5 trillion by Oct. 6, 2025, a gain of $1.76 trillion. When he divided this increase by the net inflow, he obtained a 46X market-cap multiplier.

How XRP ETF Inflows Could Impact XRP Price

Rector then applied the same method to XRP. He checked Coinglass data for XRP and noted that in the week ending Nov. 16, 2025, XRP recorded $456 million in outflows. 

XRP Exchange Outflows Coinglass
XRP Exchange Outflows Coinglass

The market commentator pointed out that this amount falls far below Bitcoin’s multi-billion-dollar weekly outflows. He said XRP’s smaller market cap makes it far more sensitive to new inflows, which often results in larger multipliers.

Using XRP’s price of $1.95, a circulating supply of 60.25 billion, and a market cap of $117.5 billion, he presented models for three multiplier ranges: 50X, 100X, and 200X. 

Specifically, under the 50X multiplier, $5 billion in inflows would lift XRP to $6, $10 billion would take prices to $10, and $50 billion would push it to $43. Meanwhile, with the 100X, $5 billion would lead to a $10 price, $20 billion would take XRP to $35, and $50 billion would bring the XRP price to $84.

He then outlined the 200X scenario, which he said aligns with what XRP often displays during volatile periods. He noted that XRP frequently shows multipliers between 100X and 200X, and even reached 1200X during the extreme liquidation on Oct. 10. 

Interestingly, under this scenario, $5 billion in XRP ETF inflows would take XRP to $18, $10 billion would push prices to $35, and $20 billion would align with a price of $68. Meanwhile, a $30 billion inflow would lead to an XRP price of $101, and $50 billion inflow could take prices to $167.88.

Rector emphasized that Bitcoin already attracted $50 billion in ETF inflows in just one year and nine months. He argued that XRP could reach similar numbers over a multi-year period, especially with JPMorgan projecting $4–8 billion in inflows. Notably, the Canary Capital CEO expects $5–10 billion within the first month. However, Rector admitted he was not making any future predictions but only observing data.

Bitcoin is Still Showing Sell Signals: Will it Fall Further or Reverse?

Mark Brennan
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Bitcoin is Still Showing Sell Signals: Will it Fall Further or Reverse?

Bitcoin trades above $86.8K with weekly sell signals as traders watch for a possible rebound or deeper downside.

Notably, Bitcoin is currently priced at about $86,864, down 8.7% over the past seven days. The 7-day chart shows a clear downswing from levels near $95,000 around November 17 to a low close to $80,000 before a modest rebound, leaving the asset hovering in the mid-$86,000 band.

Its market cap stands around $1.73 trillion, up 1.31% in the last 24 hours. Meanwhile, the performance charts show a 1.3% advance over the last 24 hours, yet longer windows remain under pressure, with declines of 18.2% over two weeks, and 22.0% across the past month. This performance has left traders and watchers peeled to see if BTC can advance further or experience more resistance.

Bitcoin Price Analysis

Looking at technical charts, the weekly Bitcoin chart shows key indicators turning against the prior uptrend. The Supertrend is on a sell signal around $116,600, with price now trading far below that level. This shift means the green support band that had been tracking the rally has now turned into a red resistance zone, signaling that bullish control on the higher time frame is lost. 

Screenshot 2025 11 24T101433708
Bitcoin

The distance between current price and the Supertrend line also underlines the strength of the recent breakdown. Any rebound toward the mid-$90,000 to low-$100,000 area may encounter heavy technical resistance.

Meanwhile, momentum readings confirm this deterioration. The Chande Momentum Oscillator (9-period) has slipped to roughly -42.5, firmly in negative territory after spending much of the prior advance above the zero line.

Notably, this move below zero reflects a clear change from accumulation to distribution, with sellers dominating weekly flows. While such deeply negative momentum can sometimes precede short-term relief bounces, the indicator currently supports the Supertrend’s bearish signal.

A 10-12% Rally This Week?

Elsewhere, another chart shared by Captain Faibik shows Bitcoin locked under a downward-sloping resistance trendline on the 1-hour BTC/USDT chart. Price action has been making lower highs along this line, and the latest bounce has brought BTC back to retest this trendline. In his view, bulls have not yet broken this structure.

Image

The analyst states that a reclaim of this trendline by buyers would be an important trigger. The green projection box on the chart outlines his upside scenario, where a successful breakout could open room for an advance of roughly 10%–12% from current levels. A 11.14% surge from the current price of $86,864 could take BTC to $96,541.

Cardano Founder Shares How to Bring Billions of Dollars in TVL to Cardano

Elendu Benedict
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Cardano Founder Shares How to Bring Billions of Dollars in TVL to Cardano

Charles Hoskinson, the founder of Cardano and IOG, has claimed he knows how to boost the ADA ecosystem’s TVL to multi-billion-dollar valuations.

According to him, the roadmap for improving the Cardano DeFi ecosystem is very clear and involves Midnight. He also shared which implementations are in place to address this persistent TVL underperformance and how much they would cost.

Solution to Cardano TVL Stall

Notably, Cardano has been the subject of widespread criticism over its lack of traction in decentralized finance. Despite its large market cap and status, it still lags behind its peers and newer chains in total value locked on the network.

Hoskinson has persistently discussed this subject in the past, sharing how Cardano lost its footing in the DeFi sector to rivals like Solana and Ethereum. In a recent podcast, he claimed that he knows just how to resolve this long-standing issue.

“I know how to get hundreds of millions, if not billions of dollars, of TVL on Cardano,” he said.

One of the measures in place to attract heavy DeFi capital flow into Cardano is the Midnight debut. The imminent sidechain launch has continued to excite Hoskinson and the broader Cardano community, possibly due to its teased potential.

Midnight’s TVL Prospects

Currently in the testnet phase, Midnight is already creating a buzz in the crypto industry. Its NIGHT airdrop attracted millions of users across multiple chains.

Hoskinson has earlier tipped the privacy-focused chain to boost developer and user adoption of the Cardano network, tagging it as a game-changer. Midnight has landed major partnerships, and the recent privacy boom has further boosted its traction.

The Cardano founder sees Midnight attracting multi-chain interest in Cardano, which could impact its DeFi activities and, consequently, its TVL. He reiterated that the zero-knowledge proof (ZKP) innovation, alongside the upcoming Real Finance (RealFi) project, will attract billions of dollars in TVL to Cardano. For the uninitiated, RealFi connects blockchain to real-world economies, focusing on delivering microloans and credit to the underbanked globally.

However, there is a little price for this course. Hoskinson highlighted that the integrations required to achieve this impressive TVL boost would cost the network around $100 million. Notably, the Cardano Foundation has shown commitment to enhancing this aspect of the chain, recently committing eight-figure ADA to bolster DeFi liquidity and mainstream adoption.

Bitcoin and XRP DeFi Another Boost

While Hoskinson has blamed Cardano users for contributing to TVL underperformance through their lack of participation, he has continued to discuss ways to improve. Another tool he believes would increase ADA’s TVL to billions is the Bitcoin and XRP DeFi unlock.

The Ethereum co-founder teased that Bitcoin DeFi alone could take Cardano’s TVL to $15 billion. The ADA ecosystem has been working on accessing the $2 trillion Bitcoin ecosystem, and Hoskinson believes that using the eUTXO accounting model, similar to BTC’s UTXO, already gives it an edge.

Furthermore, Hoskinson also sees a $100 billion untapped XRP DeFi opportunity. He stated that harnessing these sectors would place Cardano in the forefront of the DeFi narrative.

6,202,753,441 Shiba Inu Longs Erased but Burn Rate Soars by 859% 

Lele Jima
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6,202,753,441 Shiba Inu Longs Erased but Burn Rate Soars by 859% 

As Shiba Inu loses some of its recent gains, more than 6.2 billion SHIB tied to long positions have been liquidated across the market.

Shiba Inu saw some relief yesterday after four straight days of losses between November 19 and 22. The meme coin broke its losing streak with a 4% rebound, climbing to $0.0000080 in the early hours of the day.

The recovery continued today, with SHIB briefly surging to around $0.000008133. However, the momentum was short-lived. As the broader crypto market turned bearish again, Shiba Inu erased its gains and slipped back below $0.000008. 

Over 6 Billion SHIB in Long Positions Wiped Out 

Long-position traders, those who bet on SHIB’s price rising, were hit the hardest by this sudden drop. Data from CoinGlass shows that approximately $41,000 worth of SHIB long positions were liquidated in the past 12 hours.

Meanwhile, liquidations have risen to about $58,000 over the past 24 hours. Long positions accounted for the vast majority of Shiba Inu liquidations, totaling $49,560, or 85.44%, of the total wipeout. Short positions, by contrast, amounted to $8,440. 

Shiba Inu liquidation
Shiba Inu liquidation

At SHIB’s current price of $0.000007990, the long liquidations over the past day are equivalent to roughly 6,202,753,441 SHIB (6.2 billion), while the short liquidations translate to about 1.05 billion. 

More Shiba Inu Liquidations Possible

Despite Shiba Inu’s slight pullback earlier today, the asset still maintains a modest 24-hour gain of 0.97%. At its current price of $0.000007990, SHIB is up 5.39% from last week’s low of $0.000007581.

If it retests the $0.000007580 level, an estimated $754,630 worth of long positions would be liquidated, equivalent to roughly 99.55 billion at that price. Conversely, a potential upswing to $0.00000840 could trigger approximately $661,630 in short liquidations, representing around 78.76 billion SHIB at that price. 

Shiba Inu Exchange Heatmap
Shiba Inu Exchange Heatmap

Daily Burn Rate Soars 859% 

Meanwhile, Shiba Inu’s burn rate surged sharply over the past 24 hours, soaring by an impressive 859.60%. Despite this dramatic spike, the actual amount burned remained relatively modest, with just 12.91 million out of circulation. 

Shiba Inu daily burn
Shiba Inu daily burn

The largest single burn during this period originated from the CEX.io crypto exchange, where a user transferred 9.5 million SHIB to the official burn address. Additional notable burns included transactions of 1.78 million, 1.52 million, and 1.27 million SHIB, contributing to the day’s overall total.

To date, approximately 410.753 trillion SHIB have been burned, leaving the total supply at around 589.24 trillion tokens. 

Analyst Says Today Begins an Epic Story for XRP as ‘Wall Street Will Bow’ to XRP

Abdulkarim Abdulwahab
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Analyst Says Today Begins an Epic Story for XRP as ‘Wall Street Will Bow’ to XRP

The XRP community is bracing for what many analysts are calling one of the most significant days in the asset’s market history.

This optimism comes as multiple spot XRP ETFs are set to begin trading this week. Bold predictions from community figures suggest that the arrival of major Wall Street players could mark a turning point for XRP’s long-term trajectory.

“We Begin an Epic Story”

In a tweet, XRP community analyst Chad Steingraber amplified expectations with a dramatic message ahead of today’s market open. “Tomorrow, we begin an epic story. Wall Street will bow… to XRP,” he declared.

The sentiment follows confirmation that several new XRP ETFs from Grayscale and Franklin Templeton are set to launch today. Notably, the New York Stock Exchange approved Grayscale’s XRP ETF (GXRP) on Friday, fueling momentum.

Today’s launches come after a rapid series of approvals and filings. Canary Capital’s XRPC debuted on November 13 and accumulated over $240 million on day one. Bitwise launched its XRP ETF last week, contributing to total U.S. XRP ETF inflows now exceeding $410 million.

Meanwhile, XRP ETFs from issuers 21Shares, CoinShares, and WisdomTree are also set to launch in the coming weeks.

ETF Demand Projection: Up to 50 Million XRP Could Be Acquired Today

Steingraber also released a projection estimating that ETF issuers may collectively acquire up to 50 million XRP today.

For Bitwise, he suggested the firm could buy up to 5 million XRP, building on the 5.82 million tokens it purchased last Friday. He also suggested that Canary Capital will buy 5 million XRP today, after acquiring 319,640 tokens on Friday.

Meanwhile, for the XRP ETFs launching today — Grayscale and Franklin Templeton — Steingraber suggested they will buy 25 million XRP and 15 million XRP, respectively.

According to Steingraber, today’s combined inflows could exceed those seen during the initial launch of Canary’s XRPC ETF, which opened with $243 million in AUM and has since surpassed $305 million. Similarly, Bitwise’s XRP ETF has reached $116.63 million in AUM after launching last week.

Grayscale’s Entry Marks a Major Shift

In a separate post, analyst Xaif Crypto highlighted the significance of today’s Grayscale launch. He noted that the firm enters with approximately $35 billion in total AUM — far larger than any other issuer currently offering XRP ETFs.

He added that if smaller issuers like Canary and Bitwise could generate record-breaking interest, institutional demand from a heavyweight such as Grayscale could drive a substantially larger impact.

Will the ETF Catalyst Finally Lift XRP’s Price?

Despite the excitement, XRP is down about 18% since early November, even as institutional products tied to the token grow. Analysts note that ETF inflows often take time to affect spot prices, especially in a weak market.

Screenshot 2025 11 24 at 80852 am
XRP price chart

Still, with major Wall Street firms now entering the XRP ecosystem, some see the potential for a structural shift.

$566M in Crypto Tokens Set for Major Unlocks This Week

Albert Brown
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$566M in Crypto Tokens Set for Major Unlocks This Week

A wave of major token releases is set to hit the crypto market this week, with projects preparing to unlock more than $566 million worth of assets. 

The data, shared by CoinGecko, arrives amid a fragile market rebound after weeks of heavy losses.

Large One-Time Token Releases to Hit the Market

Several projects are set to carry out significant single-token unlocks totaling more than $5 million. CoinGecko data shows that Hyperliquid (HYPE), Plasma (XPL), Jupiter (JUP), Kamino (KMNO), Optimism (OP), ZORA, Humanity Protocol (H), and SAHARA will lead this category.

Such one-time unlocks introduce a sudden rise in circulating supply. When demand does not expand at a similar pace, prices may face short-term downward pressure.

Alongside these one-time releases, several major networks will undergo daily linear token unlocks totaling more than $1 million. This group includes Solana (SOL), Official Trump (TRUMP), Worldcoin (WLD), Dogecoin (DOGE), ASTER, Avalanche (AVAX), Bittensor (TAO), Zcash (ZEC), and ETHFI.

Unlike single unlocks, linear distributions add tokens gradually. Although more predictable, this steady supply can still influence liquidity and market sentiment over the week.

Large Token Cliff Unlocks
Large Token Cliff Unlocks

Combined Weekly Unlock Value Crosses $566 Million

When viewed together, the total value of scheduled single and linear unlocks surpasses $566 million. This level of issuance adds another challenge for a market already working to stabilize after recent turbulence.

These unlocks come just as the crypto sector attempts to rebound from a substantial decline that erased more than $1 trillion in value since October 10.

Sentiment weakened further as expectations of a U.S. interest-rate cut in December declined. FedWatch Tool data now shows a 71.5% probability of a rate cut, down from nearly 90% earlier this month. This shift has contributed to cautious trading conditions across the market.

Bitcoin and Ethereum Edge Higher After Recent Lows

Despite these pressures, the two largest cryptocurrencies are showing tentative signs of recovery.

Bitcoin was up 0.91% at $87,040 at the time of writing, after briefly touching $80,600, its lowest level since April 11. Ethereum rose 0.6% to $2,842 after dipping to its lowest price in four months.

Nevertheless, both assets remain sensitive to broader market signals, especially as supply from token unlocks enters circulation.

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