Home Blog Page 433

Bitcoin Pundit Says Cardano Is not Dead, Predicts ADA Could Mirror XRP 2024 Rally

Lele Jima
-
0
Bitcoin Pundit Says Cardano Is not Dead, Predicts ADA Could Mirror XRP 2024 Rally

Prominent Bitcoin commentator Lark Davis recently weighed in on the debate surrounding Cardano current state in the market, particularly in terms of its on-chain activity.

During a livestream, Davis addressed a query from a user asking whether Cardano is dead. Responding, Davis dismissed the notion, emphasizing that “what is dead can never die.”

However, he acknowledged that the project’s on-chain metrics appear stagnant, citing minimal user activity, low DEX volume, limited development activity, weak daily revenue, and an insignificant stablecoin presence on the blockchain.

On-Chain Metrics Don’t Reflect Cardano’s True Value Proposition

Despite these observations, Davis argued that evaluating Cardano’s relevance purely based on on-chain data fails to capture the project’s true value proposition.

According to him, Cardano’s strength lies in its loyal community and the strong brand it has built over the years. He jokingly added that the project is led by Charles Hoskinson, “whose beard is worth $25 billion.”

In his views, fundamentals are often irrelevant in the crypto space, as market movements tend to defy traditional valuation logic. As observed in the past, sentiments and speculation usually outweigh measurable network activity in the crypto market.

To put things into perspective, Davis compared Cardano’s situation to XRP. He noted that, despite questions over the token’s intrinsic value, it still commands a market capitalization of around $150 billion.

Cardano Could Replicate XRP Performance

He suggested that Cardano could experience a rally similar to XRP’s surge last year. For context, XRP climbed by 600% from around $0.50 in November 2024 to $3.34 within three months, drawing widespread attention across the crypto community.

Davis attributed this rally to the return of long-time investors familiar with XRP from previous market cycles. Similarly, he believes Cardano could attract renewed speculative interest and witness a comparable upswing.

Framing Cardano as a ‘cult coin’ that has already gained immense popularity, Davis projects that returning investors could buy the token and fuel a significant rally, irrespective of the asset’s stagnant on-chain metrics.

Meanwhile, Cardano is currently trading at $0.5652, down 0.08% over the past 24 hours. With a market cap of $20.27 billion, Cardano ranks as the tenth-biggest token globally.

Traders’ Rising Fear Across XRP May Signal Market Bottom

Albert Brown
-
0
Traders’ Rising Fear Across XRP May Signal Market Bottom

The crypto market sentiment indicates growing fear among traders associated with XRP, Bitcoin and Ethereum, signaling a potential market recovery. 

Data from Santiment, which tracks the ratio of bullish to bearish social media comments, indicates a rising level of caution across Bitcoin, Ethereum, and XRP between November 4 and November 12. 

Historically, periods of heightened fear often align with short-term traders exiting positions, while long-term holders begin accumulating assets at discounted levels.

The Fear and Greed Index, a broader measure of market sentiment, underscores this trend. The index dropped to 15, its lowest level since March, down from 24 yesterday, 27 a week ago, and 38 a month ago. This signals deepening pessimism among investors. 

XRP Sentiment Hits Deeply Bearish Levels

Notably, XRP exhibits the strongest signs of fear among the three cryptocurrencies. Santiment reports that less than half of the comments are bullish compared to bearish, meaning roughly twice as many traders express negative sentiment.

The firm described this as “one of the most fearful moments of 2025” for XRP. From November 6 onward, bearish commentary remained consistent, pointing to potential retail capitulation, when small traders exit the market.

Despite the negative sentiment, XRP has traded relatively stable in the past week. It has risen by 4.5% in the past day to trade at $2.5, extending its rally to 7% in the past week.  

Notably, while Santiment did not provide a price forecast, the firm highlighted that such extreme fear could mark the beginning of a bottoming phase. The platform noted that the timing of a rebound is uncertain, but likely inevitable.

Bitcoin Sentiment Turns Neutral as Enthusiasm Drops

Santiment data shows that Bitcoin’s sentiment ratio has fallen to an even 1:1 split between bullish and bearish comments, a level described as significantly lower than usual.

Image

Price fluctuated between $97,000 and $107,000 over the observed period, briefly rallying above $107,000 on November 10. Despite this, neutral sentiment reflects trader uncertainty as optimism has faded.

Historically, similar periods of balanced sentiment have coincided with market consolidation zones, where selling pressure slows before new directional movement begins. 

When the Fear and Greed Index last fell to this low, Bitcoin traded below $100,000 throughout March and April before climbing steadily in May and reaching new all-time highs in July, August, and then October. Bitcoin is currently trading at $103,893, down 7.8% over the past month and 18.3% from its all-time high. 

Ethereum Maintains Bullish Bias, But Enthusiasm Fades

Ethereum remains the most positively viewed asset among the three, with just over 50% more bullish comments than bearish, resulting in a roughly 1.5:1 ratio. 

While traders remain optimistic, sentiment is less intense than earlier in the year. Brief spikes in optimism were observed around November 5 and 8, but overall momentum is moderating. 

Technically, the pattern suggests stability as optimism persists, but excessive bullishness has eased. Historically, such sentiment moderation often precedes healthy market corrections followed by gradual recoveries.

Notably, Ethereum trades at $3,539, a 2.8% increase in the past day, which has expanded its weekly gain to 4.6%. Notably, Ethereum has remained down by 13% over the past month.  

Pundit Predicts XRP Price Will Rise to Obtain Retail Holdings

Albert Brown
-
0
Pundit Predicts XRP Price Will Rise to Obtain Retail Holdings

An XRP community pundit has suggested that the XRP price will have to spike considerably for ETFs and institutions to obtain retail holdings.

Notably, with the Canary Capital XRP ETF (XRPC) now live and several other ETF products expected to launch in the coming days, the XRP community continued to speculate about how these products could affect XRP’s market price and liquidity.

Importantly, multiple investors believe these products could trigger a sharp rise in XRP’s price as institutional money begins to flow in.

The Prospect of ETFs Gulping XRP Supply

One community commentator, Ripple Van Wickle, expects heavy buying pressure to hit the market soon. He projected that within the next 49 to 72 hours, ETF-related seed funding could bring in between $100 million and $400 million. 

Van Wickle believes each ETF could attract $10 million to $45 million in initial capital. He estimated that total “forced buying” before trading begins could range from $110 million to $495 million. Considering XRP’s current price of $2.40, the pundit said the process could absorb between 45 million and 200 million XRP within a week.

Following this projection, another market commentator, Vincent Van Code, said the ETFs would source their tokens from XRP’s available circulating supply, which he believes holds only a few billion XRP. He suggested that if ETFs begin purchasing aggressively, it could quickly tighten the market’s available liquidity.

“Price Will Have to Rise”

Responding to these comments, XRP Liquidity, an account that tracks XRP supply data, explained how this buying pressure might play out. 

The account said that if XRP ETF demand rises sharply, it will have to pull XRP directly from retail holders, forcing the price to climb as institutions try to convince holders to sell. “Price will rise in order to obtain the XRP from your hands,” he said.

According to XRP Liquidity, less than 1.9 billion XRP remain in retail hands, while all other XRP in circulation already belongs to institutions, companies, or locked allocations. Notably, XRP Liquidity highlighted an analysis it published in July, which noted how much XRP retail investors still control. 

In the post, the account mentioned how, during the November 2024 rally, retail traders sold about 700 million XRP as the price climbed to $3. For context, XRP surged 580% from $0.5 to $3.4 in January 2025 during that run. Using that trend, he presented how future sell-offs might play out at higher prices.

Why an XRP Run to $20 is Realistic

Specifically, XRP Liquidity expects retail wallets to sell another 700 million XRP all the way up to $10, leaving around 1.2 billion XRP still in circulation. Meanwhile, as XRP rallies to $20, another 700 million XRP could be sold, reducing the total retail supply to below 500 million XRP. 

Interestingly, multiple analysts have projected a possible XRP run to $20, citing technical patterns. For instance, market watcher CryptoInsightUK said an XRP rally to between $20 and $30 looks increasingly realistic. 

In a July commentary, he explained that his target range is based on XRP’s historical strength against Bitcoin (BTC) and Ethereum (ETH). He noted that if BTC reaches $100,000, XRP could climb to around $22 based on its previous XRP/BTC all-time high. 

Similarly, if ETH reaches $5,000, XRP could trade near $18 under the same conditions. He described both scenarios as conservative since Bitcoin already surpassed the $100,000 mark, making a $20–$30 XRP outcome logical in his view.

“You Can’t Steal XRP from XRPL,” Ripple CTO on The Risks of Trustless Bridges

Sam Wisdom Raphael
-
0
“You Can’t Steal XRP from XRPL,” Ripple CTO on The Risks of Trustless Bridges

The Ripple CTO recently reaffirmed the security of the XRP Ledger (XRPL) while discussing the risks of trustless bridges.

He made this commentary during a discussion that started when XRPL Labs founder Wietse Wind called the community’s attention to a 2020 idea he shared with Richard Holland to bring lightweight WebAssembly (WASM) smart contracts to the XRPL. 

Wind noted how that vision came to life through Hooks smart contracts on the Xahau Network, a sidechain built to expand XRPL’s capabilities. For context, the XRPL still does not feature native smart contracts, leaving the Hooks-enabled Xahau as the viable option for those looking for this feature.

Do “Trustless Bridges” Exist?

Meanwhile, responding to comments predicting how the use of Hooks will grow significantly by 2030, Wind said that if XRPL eventually adds native smart contracts, developers could build code-based “trustless” bridges between XRPL and Xahau without needing a central intermediary. 

However, RippleX engineer Mayukha Vadari countered this idea, saying that no bridge can ever be completely trustless because connecting two separate networks always requires some level of trust. 

She added that even if developers minimize trust, it never disappears entirely. When Holland suggested a technical workaround involving a bidirectional “xpop” system that would let each chain recognize the other’s validator keys, Vadari insisted that such an approach still depends on trust.

Meanwhile, Wind argued that the same element of trust that exists within two networks connected by a bridge also exists within a single network.

Ripple CTO on The Risks of Bridges

At this point, Ripple CTO David Schwartz came forward to explain the major difference. According to him, the main difference lies in how assets exist within a single network compared to how they move between two. 

He explained that XRP only exists on the XRPL. Because of that, no one can steal XRP by moving it elsewhere, as it has no other home. If something goes wrong, XRPL’s governance system can fix the issue because it directly manages the network and its native asset. 

Schwartz compared this to Bitcoin’s early governance decision in 2013. Essentially, decentralized systems always protect their own tokens because their credibility depends on it.

Meanwhile, the Ripple CTO contrasted that with the risk of bridging assets between chains. Schwartz illustrated his point by highlighting a scenario where a bridge transfers ETH from Ethereum to the XRPL. 

Notably, if someone managed to steal the ETH on Ethereum, Ethereum’s governance wouldn’t feel incentivized to take any action because, from its perspective, nothing in its own system broke. 

The XRPL also couldn’t do anything to recover those funds because it doesn’t control Ethereum’s assets. Essentially, this situation shows that the trust in bridges remains largely different from that associated with single networks, as each blockchain governs only its own environment.

A Different Kind of Trust

Schwartz also mentioned the difference between the two kinds of trust. He said users can safely trust a decentralized system that can’t take their funds, but it’s a different story when one network depends on another. 

Wind later clarified that he used the word “trustless” to mean a system without a central authority, not one that removes trust entirely. 

He pointed out that the blockchain community often uses “trustless” to describe setups that eliminate human control, even though people still rely on the code, network, and consensus to function correctly.

Hoskinson Celebrates Cardano Compliance with New IRS Liquidity Rules for Staking in ETPs

Lele Jima
-
0
Hoskinson Celebrates Cardano Compliance with New IRS Liquidity Rules for Staking in ETPs

Charles Hoskinson expressed excitement over Cardano compliance with the new IRS and Treasury staking rules for crypto ETPs. 

For context, the U.S. Treasury and the IRS jointly released updated guidance on November 10. The move outlined the requirements for staking and sharing of staking rewards in crypto ETPs.

The guidance, which details liquidity and custody rules for trusts listed on national exchanges, has been hailed as a potential game-changer for proof-of-stake (PoS) blockchains, particularly Cardano.

Updated Liquidity Requirements Favor Cardano

Summarizing the guidance, Cardano stake pool operator (SPO) Army of Spies emphasized that the network’s self-custodied and natively liquid staking model could “shine under these rules.”

This indicates that the new guidance could be challenging for PoS networks where staking requires token lock-ups.

In the summary, the commentator noted that the new IRS guidance places a strong focus on liquidity requirements for crypto-based ETPs. According to the rule, an asset fails to meet redemption standards if it is restricted from being transferred within one business day.

This condition is particularly favorable for Cardano given its liquid staking model, which enables users to delegate their ADA without locking tokens or limiting transfers.

As a result, Cardano stands out as one of the few networks that naturally meet the liquidity and accessibility standards outlined by the IRS and Treasury, giving it a clear advantage in meeting staking eligibility for regulated ETPs.

Cardano Founder Reacts

Cardano founder Charles Hoskinson responded positively to the new liquidity requirements. In a post on X, he shared a GIF of a man smiling excitedly, signaling his delight at how well Cardano aligns with the updated rules.

No Cardano Spot ETF in the US

Cardano does not yet have a regulated spot ETP in the United States, nor does it have one that supports staking. Grayscale Investments remains the only issuer currently seeking to launch a spot Cardano ETF, though the SEC has delayed its decision multiple times.

The recent U.S. government shutdown further disrupted the review process. Now that the shutdown has ended, optimism is high that the SEC will approve the product for launch in the coming weeks.

SUI to Introduce USDsui Stablecoin in Partnership with Bridge

Zabi
-
0
SUI to Introduce USDsui Stablecoin in Partnership with Bridge

The Sui blockchain network is preparing to introduce USDsui, a U.S.-compliant stablecoin built on Bridge’s Open Issuance platform. 

The project is set to launch later this year and aims to provide a compliant digital dollar native to the Sui ecosystem.

Bridge, a company owned by Stripe, provides the infrastructure enabling the issuance of digital dollars across multiple blockchains. Its Open Issuance platform allows networks to create their own stablecoins efficiently. The same system supports stablecoin projects on platforms such as Phantom, Hyperliquid, and MetaMask.

Zach Abrams, Bridge’s co-founder and CEO, said the platform removes traditional barriers in stablecoin deployment. According to Abrams, Open Issuance “eliminates complexity and lengthy timelines,” enabling faster launches such as that of USDsui.

Utility Across the Sui Network

Once live, USDsui will serve as Sui’s primary stablecoin, available across wallets, decentralized finance (DeFi) protocols, and decentralized applications (dApps).

Moreover, developers will be able to use USDsui in a wide range of products, from trading protocols to in-game payment systems.

By doing so, projects on Sui can facilitate instant and low-cost transactions without breaching regulatory standards. Consequently, the move is expected to strengthen the network’s position in the DeFi and blockchain gaming sectors.

Growth Indicators and Economic Impact

Between August and September 2025, the Sui network handled over $400 billion in stablecoin transfers, reflecting strong market activity and rising demand for compliant assets. This performance, in turn, highlights the ecosystem’s increasing significance in the broader digital economy.

At the same time, the network holds a total value locked (TVL) of $1.56 billion, with daily DEX turnover exceeding $300 million.

Additionally, revenues generated from USDsui operations will be reinvested into the ecosystem to support ongoing development and growth.

Security and Market Standing

In a recent analysis, Mysten Labs identified Sui, along with Near and Solana, as blockchains showing greater resistance to quantum attacks. This recognition adds to Sui’s reputation as a technically resilient platform.

Meanwhile, according to the latest data, SUI, the native token of the network, is trading at $2.03, reflecting a 26.34% monthly decline. Nevertheless, it maintains a market capitalization of $7.49 billion, ranking as the 21st largest cryptocurrency globally.

Cardano Pattern Hints at Possible ADA Breakout — Is a 97% Surge Coming? 

Mark Brennan
-
0
Cardano Pattern Hints at Possible ADA Breakout — Is a 97% Surge Coming? 

The Cardano RSI reset and falling wedge pattern point to a potential bullish reversal, echoing conditions that fueled its July rally.

In a post on X, crypto market analyst The DApp Analyst observed that ADA may be setting up for a potential rebound after its daily Relative Strength Index (RSI) observed a pattern last seen in July, when the token climbed 97% in just 54 days.

Aside from the RSI, the analyst mentioned that ADA’s chart is forming a falling wedge pattern, a setup that could soon break upward if momentum strengthens. Notably, ADA trades at $0.5665, a 1% increase in the past day, which has expanded its weekly gain to 4.2%. Despite this recent uptick, ADA has seen a 21% drop in the past month.

Technical Indicators Signal Possible Reversal

The DApp Analyst believes this downtrend could exhaust soon, citing the RSI pattern. Data from his accompanying chart shows that from March, ADA faced alternating rallies and declines within a broader downtrend.

Image

During this period, it faced sideways movement in April, but momentum weakened in May, leading to a decline into June, where a swing low set the stage for a July rally, surging 97% to around $0.57. Interestingly, the July rally began after Cardano’s daily RSI reset below the 40 mark, contributing to the push.

However, after this run, the profit-taking that began in August triggered a renewed downtrend through September, with October forming a falling wedge.

The analyst explained that ADA’s RSI has now witnessed another retest below 40, which previously marked the start of its July breakout to $0.57. This suggests that bearish momentum is fading and that buyers could be regaining control.

Additionally, the falling wedge formation indicates waning selling pressure. The upper boundary of this structure sits around $0.67–$0.70, while support lies between $0.47–$0.50.

A decisive move above the wedge could open the door to targets between $0.75 and $0.85, a 32% to 50% from the current level. However, a breakdown below $0.47 could redirect focus toward the $0.33 support zone. Meanwhile, if ADA saw a similar 97% rise as a result of the RSI reset, its price could rise to $1.1.

Other Analysts Predict Next Cardano Moves  

Notably, Analyst Ali Martinez also highlighted $0.50 as a key support for Cardano, noting that holding this level is crucial for a potential rebound. If ADA sustains this support, it could regain bullish momentum and aim for the $0.70 resistance, a one-month high. 

Reaching $0.70 would require a roughly 23.4% gain from the current price, though ongoing resistance and liquidation events are testing Cardano bulls.

Dark background trading interface screenshot from TradingView showing USDT/ADA pair chart with candlestick bars in black and green indicating price movements from low to high values, horizontal volume bars at bottom, green upward arrow overlay pointing to rising trend line, time axis from 2023 to 2024, current price around 0.4 USDT, platform elements like fullscreen mode and indicators visible.

Extending the bullish projection beyond $0.70, Crypto analyst Mintern shared a chart predicting Cardano’s rise from $0.77 to as high as $4–$5.  Mintern’s post exuded confidence, rallying Cardano supporters and fueling optimism that ADA could reclaim and surpass its previous all-time high in 2025.

Shiba Inu Setting for Breakout Above 200EMA Line as SHIB Buyers Build Momentum Near Lows

Albert Brown
-
0
Shiba Inu Setting for Breakout Above 200EMA Line as SHIB Buyers Build Momentum Near Lows

Shiba Inu (SHIB) price is pushing hard for a possible breakout above its 200 EMA line, fueled by the rising accumulation of SHIB by crypto investors.

The second-largest memecoin by market cap, SHIB, has been in an accumulation phase since plummeting below $0.000007 in October 2025. Currently trading at $0.0000097 at the time of writing, Shiba Inu buyers have continued to build momentum.

Shiba Inu Targets 200EMA Line

In a Wednesday update, TradingView analyst Swallow Academy shared a SHIB price outlook using a one-day timeframe chart. According to his analysis, Shiba Inu is pushing for a bullish breakout above the $0.00001256 price level.

Specifically, this target coincides with SHIB’s 200 Exponential Moving Average (EMA) line on the one-day timeframe. Shiba Inu has struggled to decisively breach the EMA line in three attempts since May 2025. Notably, the SHIB price dropped drastically after each of these rejections at the 200 EMA.

As Shiba Inu buyers continue to build strength near its current lows, the analyst notes that SHIB would first need to breach the resistance level at $0.000011 – $0.000012 before heading towards the 200 EMA.

Noting the recurring pressure from the 200 EMA region, he added that SHIB holders need to exercise patience. “Patience is key,” he wrote.

Screenshot 2025 11 13 at 81811 am
Shiba Inu chart | TradingView

TradingView crypto analyst MMBT Trader also shared a similar SHIB price outlook in a recent analysis. According to him, SHIB could stage a 94% surge if it breaks out above the $0.00001270 resistance level.

SHIB in the Market

Notably, Shiba Inu (SHIB) is trading at $0.0000097 at the time of writing, representing a 0.6% gain over the past 24 hours. It has recorded a price increase of 8.9% over the past seven days, a notable performance amid the short-term decline in the broader cryptocurrency market.

Amid rising investor interest in the meme token, analysts say that Shiba Inu will need to hold the crucial $0.00000959 support level for any further upswing.

Expert Says XRP to Unlock the Strategy Richest People in the World Use to Become Even Richer

Abdulkarim Abdulwahab
-
0
Expert Says XRP to Unlock the Strategy Richest People in the World Use to Become Even Richer

Phil and Dom Kwok, co-founders of the education and Web3 platform EasyA, recently stirred conversations about how tokenization could transform access to global wealth through XRP.

Referring to a Financial Times quote that “the trick to being a multibillionaire is having zero liquidity,” Phil Kwok called the statement “so bullish for crypto.”

He explained that the tokenization of assets, turning real-world value such as real estate, art, or stocks into blockchain-based tokens, will allow investors of any scale to unlock liquidity instantly.

According to him, this innovation will bring trillions of dollars in traditional wealth into the crypto ecosystem.

From the Ultra-Rich to Everyday Investors Holding XRP

Dom Kwok expanded on the idea by focusing on how billionaires manage their wealth. In a post that gained traction among XRP enthusiasts, he remarked that the world’s wealthiest individuals grow richer by never selling their appreciating assets, such as stocks or real estate. Instead, they borrow against them, maintaining ownership while accessing liquidity.

In parallel, he revealed that EasyA plans to make this model available to everyone, beginning with XRP. “Soon, we will allow anyone to do just that, starting with XRP,” Dom wrote.

This hints at an upcoming feature that may allow users to borrow against their XRP holdings without having to sell their tokens.

The comment aligns with growing interest in crypto-backed loans to allow people to access cash without selling their crypto. In this system, users lock up tokens like XRP as collateral, borrow stablecoins or fiat currency, and repay later, retaining any gains if the token’s price rises.

This approach also helps avoid a taxable event, something billionaires have long used to defer taxes.

Community Weighs In on Borrowing Risks

Following the discussion, community members raised key questions about market risk and liquidation. One user, “Lion of Judah,” pointed out that if XRP’s price drops significantly after taking out a loan, the collateral could be liquidated unless additional assets are provided.

Dom acknowledged these concerns. He suggests that future borrowing systems should allow users to customize their margin of safety, enabling conservative investors to borrow less and reduce their liquidation risk.

XRP’s Expanding Role in DeFi

The remarks from the EasyA founders align with XRP’s broader movement into decentralized finance (DeFi) and tokenization infrastructure.

Ripple has also been developing tokenization and real-world asset (RWA) initiatives, aiming to make XRP a bridge currency for global liquidity. In an August report, Ripple stated that the tokenization market could reach $18.9 trillion by 2033.

Analyst Brad Kimes (Digital Perspectives) predicts XRP could rise to $10.40 by 2026, $54.20 by 2029, and $189 by 2033 if the coin captures a significant share of the market. However, these are purely speculative estimates.

Ultimately, EasyA’s planned XRP-based borrowing system will give everyday investors access to the same wealth-building strategy long used by the rich — borrowing against appreciating assets instead of selling them.

Expert Shows How XRP ETFs Could Add $1 Trillion to XRP Market Cap After Launch

Mark Brennan
-
0
Expert Shows How XRP ETFs Could Add $1 Trillion to XRP Market Cap After Launch

An XRP community commentator has explained how XRP ETFs could boost XRP’s market cap after launch.

With the Canary Capital XRP ETF (XRPC) officially approved to go live, XRP proponents have flipped bullish. The launch, along with several other XRP ETFs expected this month, has led to new discussions about how these products could impact XRP’s price and market cap.

Notably, community figure Zach Rector recently shared what he believes could happen once the ETFs begin trading. In his recent video commentary, he said the new ETFs could drive XRP’s market cap up by as much as $1 trillion. Rector outlined two possible outcomes: a base case and a bullish case.

In his base case, XRP could gain roughly $500 billion in market value, pushing its price into the $10 to $11 range. Meanwhile, his bullish scenario projects $1 trillion in market cap growth, which would lift XRP toward $19 or $20. 

Notably, he clarified that these estimates only account for ETF inflows and not additional demand that could come from XRP’s use in global payments and liquidity solutions.

Who Could Buy the XRP ETFs?

Rector pointed out that NASDAQ has already certified the listing for the Canary Capital XRP ETF, and trading would begin at market open. He added that although he doesn’t plan to buy the XRP ETFs himself, many institutional and retirement investors will. 

To these investors, ETFs remain one of the few ways to gain regulated exposure to crypto assets. He also highlighted that major university endowments and large investment funds could soon start buying XRP ETFs just as they have done with Bitcoin and Ethereum.

Possible $5 to $10B Inflows for XRP ETFs

According to Rector, this level of access could attract billions of dollars in new capital to XRP. He expects between $5 and $10 billion in inflows within the first year, though he said that amount might arrive much faster, possibly within the first month. Notably, this aligns with projections from Canary Capital CEO Steven McClurg.

Rector supported a disclaimer that investors should stay realistic and not expect sudden price surges, noting that ETF issuers must buy only a small amount of XRP before launch as “seed capital.” Once trading begins, issuers will then need to purchase larger quantities on the open market to meet investor demand.

He compared the upcoming XRP ETF to the recent Bitwise Solana ETF launch, which started with about $200 million in seed capital and generated between $200 million and $400 million in day-one trading volume. He said he expects a similar level of excitement and trading volume when the Canary Capital XRP ETF launches.

The pundit also clarified that ETF issuers did not buy XRP at lower prices in advance, as some investors speculated. Instead, they will have to buy XRP after launch, which could drive demand sharply higher. Rector called this the “multiplier effect,” where relatively small inflows into ETFs can result in outsized gains in an asset’s overall market cap.

Rector Points to Bitcoin ETF Impact

To support his forecast, the pundit highlighted Bitcoin’s performance after its spot ETFs went live. Specifically, Bitcoin’s market cap grew from below $800 billion to around $2.5 trillion by October 2025, an increase of $1.76 trillion. This surge came from roughly $62 billion in ETF inflows, which created about a 28x multiplier effect.

Rector believes XRP could see an even larger multiplier, ranging from 100x to 200x, due to its smaller market size and greater price flexibility. 

Based on his math, $5 to $10 billion in inflows could easily add $500 billion to $1 trillion in value to XRP’s market cap, pushing prices to between $10 and $19. He estimated this growth could happen within months or over the next year and a half, depending on how quickly the inflows arrive.

No Guarantees

However, while Rector remains confident about XRP’s upside, there’s no guarantee the asset will follow Bitcoin’s path. 

For instance, when Ethereum ETFs launched in July 2024, Ethereum’s market cap stood at $412 billion and only rose to $598 billion by August 2025, a $186 billion increase in a year. Today, Ethereum’s market cap sits around $425 billion, just $13 billion higher than before the ETF debut, despite the products seeing $13 billion in netflows.

Essentially, while XRP ETFs could deliver major inflows and price gains, the results will depend on how the market reacts. Investors may see a significant boost, but they should also keep in mind that not every ETF launch produces the same impact.

1...432433434...2,631Page 433 of 2,631