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Expert Predicts How High XRP Could Hit if Gold Surges to $10K

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Market strategist Mr. VIX, a former distressed credit analyst, has projected a $30 XRP price if gold reaches $10,000.

VIX shared this outlook in a post on X, referencing macroeconomic factors affecting liquidity. He highlighted ambitious price targets for popular safe-haven assets like Bitcoin, gold, and XRP in the event of a major liquidity-driven rally.

“Project Amerizuela” and Inflation Fears

Specifically, his outlook comes in the wake of the Federal Reserve’s first rate cut of the year, which lowered the benchmark rate to 4.00%–4.25%.

Interestingly, newly appointed Fed Governor Stephen Miran dissented at the meeting, advocating for a 0.5% cut. This is double the approved 0.25%.

Miran, seen as an ally of President Trump, believes the U.S. economy requires faster rate reductions. He argues that tariffs do not fuel inflation, and tighter immigration policies could help cool housing demand.

Commenting on X, widely followed financial commentator Alessio dubbed Miran’s aggressive stance “Project Amerizuela,” a satirical nod to Venezuela’s hyperinflation.

He suggested that such a policy could propel the S&P 500 toward 10,000, up from its current level of around 6,631, as markets begin to price in a wave of cheap money.

XRP to $30, Bitcoin to $500K if Gold Hits $10K

In the same conversation, Mr. VIX predicted that if a liquidity- and inflation-driven pump occurs, gold could surge to $10,000, roughly 3x its current price of $3,687.

Under this scenario, he expects cryptocurrencies to outperform. Specifically, he forecasts Bitcoin to reach $500,000, a more than 4x increase from its current level of $116,487.

VIX also expects Bitcoin’s closest rival, Ethereum, to see a 9x price increase, jumping from $4,500 to $40,000.

Similarly, he sees XRP rallying to $30 from its current $3.02, an approximate 10x surge. As for silver, the analyst predicts it could rise to $250, representing a 6x increase from current levels.

Mr. VIX maintains that in an environment of aggressive monetary easing and rising inflation, cryptocurrencies and precious metals are likely to outperform equities. He argues that this thesis has held true over the past two years.

Essentially, as the Fed begins to ease policy and internal voices call for deeper cuts, crypto assets may become prime beneficiaries.

Stronger Price Expectations for Bitcoin, Ethereum, and XRP

Beyond macroeconomic factors, industry analysts have outlined various ambitious price targets for Bitcoin, Ethereum, and XRP, citing alternative catalysts.

For instance, Jack Mallers, CEO of Twenty One Capital, predicts Bitcoin could rise 200x from its current value. He argues that Bitcoin is competing for a slice of the $400–500 trillion global savings market, which includes assets like real estate, equities, and gold. With Bitcoin’s market cap around $2 trillion, he sees massive upside potential.

Fundstrat’s Tom Lee has projected Ethereum could rise to $62,000 based on the Wyckoff methodology. He points out that the ETH/BTC ratio is currently below its 8-year average. This suggests significant upside, especially if Ethereum becomes Wall Street’s preferred blockchain for financial infrastructure.

On the other hand, EasyA founders Dom and Phil Kwok continue to emphasize a $1,000 XRP price target by 2030.

Dom cited institutional capital as a key driver, noting that hedge funds are preparing to invest in altcoins beyond Bitcoin and Ethereum.

On the other hand, Phil highlighted a positive feedback loop. He noted that XRP’s 400% annual gains attract developers, who then build applications that drive user growth and value creation, fueling even higher price appreciation.

Uphold Predicts XRP Price For Halloween, Christmas and New Year’s Eve

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Uphold exchange has raised optimism in the XRP community after sharing double-digit price predictions from Grok, the AI chatbot on Elon Musk’s X platform.

The exchange shared an analysis from the AI bot, in which it justified XRP’s potential to soar over 3X from its current price.

XRP to Hit $10 by Halloween: Grok

In the discussion, Uphold asked Grok to predict the shortest possible timeline for XRP to reach $10 and provide supporting reasons for the projection.

In response, Grok predicted that XRP could reach $10 by Halloween 2025 (October 31). The AI sees late October as a high-conviction window for a breakout. 

At the time of the chat, XRP was trading around $3.10, meaning a rally to $10 would require more than a 3x increase.

Grok predicting $10 XRP by October 31 2025
Grok predicting $10 XRP by October 31, 2025

Notably, Grok’s reasoning centered on historical XRP surges and key catalysts expected in late October. These include the SEC’s decision on spot XRP ETF applications, with next month being the final deadline for rulings on most filings.

At the same time, the U.S. Office of the Comptroller of the Currency also has an October timeline to decide on Ripple’s banking charter application.

Grok noted that these events could “unlock billions” in institutional capital and trigger a rapid rally reminiscent of past crypto bull markets.

Historically, XRP has shown a tendency to surge dramatically toward year-end. One of its biggest gains was recorded in late 2017, with a mild repeat occurring in Q4 2024.

These occurrences contribute to the optimism surrounding a promising Q4 for XRP this year.

Other Dates: Christmas or New Year’s Eve

When asked for additional predictions, Grok provided two more potential timelines: December 25 and December 31, 2025. After further analysis, the AI deemed New Year’s Eve the most realistic date for XRP’s first touch of $10.

According to Grok, year-end catalysts such as further Federal Reserve rate cuts, XRP ETF approvals in October, and Ripple’s RLUSD stablecoin adoption could sustain a steady climb throughout Q4.

It argued that December 31 offers the longest runway for institutional inflows and holiday-season market momentum to push XRP into double digits.

Community Buzz

Uphold’s post caught the attention of the broader crypto community. It asked followers whether Grok’s Halloween prediction was “possible… or just spooky talk”. Some agreed with the outlook and even called for a bolder price target by then.

While XRP has a history of sudden bull runs in Q4, market watchers remain divided. Conservative forecasts from platforms like Kraken and CoinCodex, which Grok also cited, still see XRP ending 2025 between $3 and $5. 

However, reaching $5 would already mark a new high for XRP. On the other hand, more bullish analysts project a year-end range of $10 to $20. 

Based on these expectations, pundits like Kenny Nguyen are predicting a wave of new XRP millionaires by the end of 2025.

Shiba Inu: Expert Says It’s Almost Time for SHIB to Shine

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Well-known community commentator “JD Updates” has asserted that a major Shiba Inu rally is around the corner. 

In a tweet, JD issued a simple message to the Shiba Inu community, preparing them for an imminent rally. He stated that it is almost time for Shiba Inu to shine, suggesting that the token is gearing up for a significant price surge.

He stressed that this upcoming rally will reward patient investors who have been holding the token through its consistent downturns over the years. However, JD did not highlight any catalyst that could trigger the rally.

Notably, the statement reflects a widely held belief among several Shiba Inu proponents that the token is on the brink of a massive breakout.

For instance, analyst Shib Spain predicts that SHIB could soon rebound from its current level around $0.000013 to a new all-time high. Heber Mayen also teased that Shiba Inu’s upcoming rally will be massive, with the possibility of delivering 600% gains.

Shiba Inu Bearish Trend Will Soon Be Over

For context, after reaching an all-time high of $0.00008845 in October 2021, Shiba Inu has experienced a prolonged bearish trend.

Currently trading at $0.00001320, SHIB is down 85.02% from its previous ATH. This year alone, Shiba Inu has lost 37.6% of its value. At the moment, the token is down 1.97% over the past 24 hours and 0.7% over the past week.

Meanwhile, JD’s statement suggests that Shiba Inu’s period of lackluster performance may soon come to an end.

Growing Anticipation for 2025 Bull Run

His bullish assertion comes at a time when the broader crypto community is anticipating the next wave of the 2025 bull run. Anticipation soared after the Federal Reserve slashed interest rates by 0.25% earlier this week.

As observed in previous cycles, the upcoming bull run could drive crypto assets like Shiba Inu to new all-time highs. Analysts Himanshu Maradiya and Eunice Wong predict SHIB could surpass $0.0001 this year, marking a potential 657% gain from its current price.

Nonetheless, there is uncertainty about SHIB hitting this ambitious target in 2025.

Can ETF Boost Shiba Inu Case?

Another factor boosting community optimism for a potential rally is growing speculation around a Shiba Inu-focused spot ETF. The chatter intensified after San Francisco-based Coinbase introduced regulated SHIB futures under the “1k Shib Index.” 

Marketing specialist Lucie noted that this move mirrors the early regulatory steps taken by Bitcoin and Ethereum before their spot ETFs were approved. Her commentary fueled speculation that SHIB could one day enter the U.S. ETF market.

However, no issuer has filed with the SEC to launch a spot Shiba Inu ETF yet. Meanwhile, the optimism of a SHIB ETF remains strong in the community. Many hope it will pave the way for a major price rally. 

Analyst Sees No Reason XRP Won’t Hit $8 by Year-End

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Market commentator Cobb recently expressed optimism for XRP, saying it has every chance of finishing the year with a sharp rally. 

Notably, his outlook builds on a chart shared by CryptoInsightUK, who highlighted an impressive long-term pattern that has now moved in favor of the bulls.

XRP Forms Double Bottom 

CryptoInsightUK’s three-month chart shows a double bottom pattern that took several years to play out. Specifically, the first bottom formed after XRP surged to $3.31 in January 2018 before crashing to $0.1140 in March 2020. From there, it staged a strong rebound and climbed to $1.96 in April 2021. 

XRP 3M Chart CryptoInsightUK
XRP 3M Chart | CryptoInsightUK

Meanwhile, the second bottom developed after another drop, this time from $1.96 down to $0.2870 in June 2020. Following that low, XRP worked its way back up, eventually reclaiming $1.95 by November 2024 amid a broader market uptrend triggered by the U.S. elections.

Importantly, the neckline of the pattern sat in the $1.95 to $2 zone. XRP finally broke above this barrier in December 2024, just weeks after the elections. This breakout confirmed the double bottom and opened the door for a fresh rally. 

Notably, the move quickly lifted XRP to $3.4 in January 2025. After reaching this peak, XRP cooled off, spending six months in consolidation as it retested the neckline. The support around $1.95 to $2 held firm throughout this period. 

XRP Double Bottom
XRP Double Bottom

In July 2025, XRP kicked off another recovery, breaking back above $3. Data from the charts indicate that this recovery marked the start of the next stage in the post-breakout rally, with momentum waiting to accelerate once buyers step in.

“Tell Me How XRP Isn’t Going to $8”

Cobb leaned on this structure when making his bold projection. He argued that with such a setup already in play, XRP has little standing in the way of an $8 run before year-end. “Tell me how XRP isn’t going to $8.00 end of 2025?” He questioned. For context, an $8 price from here would require a 166% increase from XRP’s current position.

Meanwhile, CryptoInsightUK also sees bullishness beyond the dollar chart. In a separate analysis, he noted that on the daily XRP-to-gold chart (XRP/XAU), the XRP price still battles against a broader downtrend. 

XRPXAU 1D Chart CryptoInsightUK
XRPXAU 1D Chart | CryptoInsightUK

Notably, XRP has yet to break its all-time high against gold, as the precious metal continues to see new highs. Instead, XRP continues to hold around retracement zones. He explained that the weekly chart shows the pair coiling in a tight range, a sign that a major move could be forming.

Moreover, analyst Zenia is equally bullish on XRP. She explained that XRP already broke out of a bull flag, a continuation pattern that puts $5 as an immediate target. She also highlighted a larger formation stretching back to 2024, which suggests XRP could climb toward $15 if momentum continues. 

XRP 1W Chart Zenia
XRP 1W Chart | Zenia

Zenia also highlighted new fundamentals that could bolster XRP’s run. Specifically, the U.S. recently approved the first spot XRP ETF, while DBS and Franklin Templeton have entered a new partnership with Ripple.

PayPal Expands PYUSD Stablecoin to Multiple Blockchains via LayerZero

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PayPal is strengthening its presence in the cryptocurrency market by expanding the reach of its U.S. dollar stablecoin, PYUSD, across multiple blockchains.

The latest integration, carried out through the interoperability protocol LayerZero, allows the token to be used beyond its initial base on Ethereum, Solana, Arbitrum, and Stellar.

Permissionless Version of PYUSD

LayerZero has connected PayPal’s stablecoin to its Hydra Stargate system, creating a new permissionless version named PYUSD0. This token will maintain a one-to-one interchangeability with PYUSD.

Accordingly, users can access the stablecoin across various blockchain networks without compromising on stability, liquidity, or compliance.

The launch of PYUSD0 marks a pivotal step toward overcoming the fragmentation that has long constrained stablecoin adoption across ecosystems. Users can now move value without needing centralized payment providers as intermediaries.

The latest rollout brings PYUSD access to Tron, Ink, Avalanche, Aptos, Stable, Sei, and Abstract. At the same time, existing community-issued tokens on Berachain and Flow will automatically convert into PYUSD0, ensuring consistency and cross-chain interoperability.

This expansion makes PayPal’s digital dollar one of the most widely distributed stablecoins across different networks.

Building on Earlier Integrations

This move builds on PayPal’s collaboration with LayerZero last year. In November 2024, the stablecoin adopted LayerZero’s omnichain fungible token (OFT) standard, which enabled transfers between Ethereum and Solana. That upgrade removed liquidity silos and gave users greater freedom to manage PYUSD outside of centralized platforms such as PayPal or Venmo.

By adopting LayerZero’s framework, PayPal has ensured that PYUSD can scale efficiently across chains while maintaining compliance from the outset.

Rising Adoption of PYUSD

Launched in 2023, PYUSD is one of the first stablecoins backed by a major payments company. Its growth has been steady, with supply increasing from around $520 million at the start of 2025 to $1.3 billion today.

David Weber, who leads the PayPal USD ecosystem, explained that collaborating with LayerZero will accelerate the stablecoin’s market expansion.

“By working together, we will enable PYUSD to expand faster while preserving compliance and composability from the first day,” Weber said.

PayPal’s Push Into Broader Payments

The expansion comes as PayPal continues to strengthen its digital payment ecosystem. Earlier this week, the company launched PayPal Links. This new peer-to-peer payment feature allows users to send and receive money via personalized links.

The company confirmed that cryptocurrency support will be added soon, covering Bitcoin, Ethereum, PYUSD, and other assets. These features will work across PayPal, Venmo, and compatible wallets globally.

NBA Superstar Kevin Durant Regains Access to 10-Year Inactive Bitcoin Wallet Amid 195X Gains

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NBA superstar Kevin Durant has regained control of his long-inactive Coinbase account containing Bitcoin, putting an end to years of frustration over forgotten login details.

The recovery gives him access to Bitcoin holdings that have multiplied in value since his first investment almost ten years ago.

How Durant Met Bitcoin in 2016

Durant first learned about Bitcoin in 2016, during a birthday party thrown by venture capitalist Ben Horowitz, which he attended with his business partner, Rich Kleiman. The evening was filled with conversations about cryptocurrencies, and the constant buzz around Bitcoin caught their attention.

Reflecting on that night during CNBC’s Game Plan conference in Los Angeles this week, Kleiman said the repeated mentions of Bitcoin nudged them to explore the digital asset seriously.

By the very next day, the two had signed up on Coinbase and made their first purchase. He kept the size of the investment undisclosed but noted that it marked the start of their crypto journey.

At the time, one Bitcoin was valued at around $600. Today, the same coin trades near $117,000, turning what began as a curiosity-driven experiment into one of Durant’s most profitable long-term decisions.

Coinbase Confirms the Reset

Durant moved early into Bitcoin but couldn’t access his Coinbase account for years after misplacing his login details. During that time, he watched from the sidelines as the cryptocurrency soared. Ironically, this inaccessibility preserved his holdings through years of market volatility.

The account reset occurred shortly after Kleiman spoke about their first Bitcoin purchase at CNBC’s Game Plan conference in Los Angeles.

After completing Coinbase’s identity checks, Durant regained access to his dormant wallet. Coinbase CEO Brian Armstrong confirmed the recovery on X, noting that the platform’s support team had guided Durant through the process.

Meanwhile, Kleiman used the conference stage to joke that being locked out may have turned into a hidden advantage. With no ability to sell or trade, Durant’s Bitcoin remained untouched through years of wild swings.

Consequently, their early bet grew into a far larger windfall by the time recovery was complete. Specifically, the value of the holdings has expanded by over 195X.

Durant’s Broader Connection to Coinbase

Meanwhile, Durant’s ties to Coinbase go beyond personal investing. In 2017, he and Kleiman, through their firm Thirty Five Ventures, became early backers of Coinbase. By 2021, Durant also signed on as a brand partner, appearing in campaigns to promote the platform. 

This long-standing relationship places him among a select group of athletes who have combined sports stardom with early investments in digital finance.

A Career of Highs On and Off the Court

Durant’s crypto moves coincided with one of the brightest stretches of his basketball career. He started playing for the Golden State Warriors in 2016 and went on to win back-to-back NBA championships. Today, as he enters his 18th season with the Houston Rockets, he ranks seventh on the NBA’s all-time scoring list.

His continued success on the court mirrors his calculated business decisions off it. From venture capital investments to media projects, Durant has consistently positioned himself as more than just an athlete.

Notably, Durant is not the only NBA player venturing into the digital asset space. Tristan Thompson, the center for the Cleveland Cavaliers, unveiled a new Web3 platform this week. The platform provides ways for fans to connect with him.

Also, Spencer Dinwiddie, who plays for the Charlotte Hornets, previously explored the idea of tokenizing his player contract.

XRP Shines as ChatGPT and Grok Pick Top Assets to Turn $100 Into $1,000 by 2026

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OpenAI’s ChatGPT and xAI’s Grok both pick two assets to turn $100 into $1,000 by 2026, and XRP is one of each option.

The crypto market’s rally has not faded, and many traders believe it could stretch into 2026. With Bitcoin’s dominance slipping, optimism around an imminent altcoin season has emerged. However, the important question is, which tokens can deliver the biggest returns in this bull run?

To find an answer, we asked two leading AI chatbots, ChatGPT from OpenAI and Grok from xAI, to pick the assets they believe could turn a $100 investment into $1,000 within the next year. Despite their different approaches, both highlighted XRP as one of their options.

Notably, XRP has earned that attention. Since November 2024, shortly after the U.S. elections, it has skyrocketed by more than 526%. In comparison, Bitcoin has only climbed 65%, and Ethereum has added just 88% over the same period. 

Grok Chooses Solana and XRP

In its response, Grok picked Solana alongside XRP. The AI explained that Solana has built a good reputation with its high-speed, low-cost blockchain, which now powers everything from decentralized finance projects to NFTs and even meme tokens. 

Grok highlighted upgrades like Firedancer, which could boost the network’s scalability. It also highlighted growing institutional adoption and imminent spot ETFs. With these, Grok sees Solana climbing from $243 today to more than $2,400 by 2026. Based on this view, a $50 investment could grow to $500.

Grok Picks Solana and XRP
Grok Picks Solana and XRP

Moreover, Grok also shilled XRP. It emphasized XRP’s role in global payments through RippleNet and called attention to Ripple’s partnerships with banks and non-profits. 

Grok argued that greater regulatory clarity, along with the launch of Ripple’s stablecoin RLUSD and possible ETF approval by late 2025, could trigger another massive rally. At $3.00 today, Grok projected XRP could surge to at least $31 by 2026. Under this scenario, $50 in XRP could also become $500, bringing the combined total to $1,000.

ChatGPT Picks XRP and Bitcoin Hyper

Meanwhile, responding to the question, ChatGPT paired XRP with the more speculative new altcoin Bitcoin Hyper. ChatGPT noted that it mentioned the token because of its frequent appearances in lists of “low-cap gems.” 

It argued that Bitcoin Hyper could deliver huge returns if adoption rises, since its small market size means even limited inflows could drive the price sharply higher. 

However, it also noted the risks, from liquidity problems to regulatory hurdles, seeing as it lacks an established presence.

ChatGPT Picks Bitcoin Hyper and XRP
ChatGPT Picks Bitcoin Hyper and XRP

At the same time, ChatGPT mentioned XRP as the more stable option. It highlighted XRP’s liquidity, established use case in cross-border payments, and the boost from improved regulations. According to the chatbot, XRP balances the risk of Bitcoin Hyper while still holding room for major gains if adoption accelerates.

Notably, the responses from both chatbots, which presented XRP, Solana, and Bitcoin Hyper, are purely from a hypothetical standpoint. There is no guarantee that any of these assets could transform $100 into $1,000 within the next year or at any point at all. As a result, investors should not regard this as investment advice.

XRP Isn’t Dead, It’s Loading — Pundit Predicts Price

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Ripple Bull Winkle, a member of the XRP community, has argued against claims that XRP may have lost its momentum, insisting that it is not “dead.”

He argued that XRP is far from finished and called attention to a recent analysis by EtherNasyonal that shows the altcoin repeating a familiar pattern from earlier market cycles. Data from the accompanying charts suggests XRP could climb to $10 soon.

XRP Repeating 2017 Pattern

Specifically, EtherNasyonal’s chart work highlights how XRP has moved in cycles before. Notably, XRP broke above its three-year downtrend, which the analyst called an accumulation phase, in March 2017 during a broader market rally. It jumped from around $0.0055 in March to nearly $0.40 by May 2017.

Interestingly, XRP then pulled back and traded sideways for about six months, in what EtherNasyonal called a re-accumulation phase. After this re-accumulation, XRP exploded again, reaching $3.31 in January 2018 and leading to a distribution phase. 

Notably, during the first upsurge from $0.0055 to $0.40, XRP’s 1-month RSI spiked to 95. However, during the re-accumulation phase, it dropped again to around 68. Meanwhile, as the second run to $3.31 emerged, the RSI again jumped beyond 90.

EtherNasyonal sees today’s setup playing out in a similar way. After XRP’s peak at $3.31 in early 2018, it fell into another long decline, representing an accumulation phase. 

XRP 1M Chart EtherNasyonal
XRP 1M Chart | EtherNasyonal

This phase ended in November 2024, when XRP finally broke above resistance again. The breakout carried it from $0.50 to $3.40 by January 2025. Similar to the earlier cycle, XRP faced resistance and then spent approximately six months consolidating. EtherNasyonal noted that this was the re-accumulation phase.

Now, XRP has broken out of this re-accumulation phase, looking to register another explosive run. The analyst expects the second wave to take shape soon and predicts a rally that could take XRP to $10. According to him, XRP’s mega cycle is coming. In addition, the RSI has dropped to 68, awaiting the next push to soar above 90. 

“XRP is Not Dead; It’s Loading”

Building on this outlook, Ripple Bull Winkle said the market is setting up for what he called a tightly wound cycle, ready to spring upward. The pundit suggested that XRP is not dead, but is currently loading. He pointed out that XRP has been through long stretches of lawsuits and sideways price action, which tested the patience of holders. 

However, he believes the chart tells a very different story. The self-acclaimed researcher argued that price patterns don’t depend on emotion or market chatter, and that every major crypto cycle has started from a point of doubt.

Winkle believes the pieces are already in place for a breakout. The market has secured regulatory clarity, Ripple continues to build out real-world financial infrastructure, and XRP ETFs are entering the picture.

He warned that when this cycle takes off, it won’t be a slow climb but a sharp surge, powered by utility, adoption, and investor momentum hitting all at once. Accordingly, he urged the community to prepare now rather than chase the rally later.

Meanwhile, analyst Zenia also argued that XRP is in a bullish position. She noted that it has already broken out of a bull flag pattern that points to a move above $5. The analyst also highlighted a larger setup stretching back to 2024 that suggests a potential run to $15. 

Besides technical indicators, she mentioned key developments like the first U.S. approval of a spot XRP ETF and Ripple’s new partnership with DBS and Franklin Templeton. She argued these factors create long-term support and could give XRP the staying power it lacked in earlier cycles.

Cardano Founder Backs Ergo, Calls It a ‘Spiritual Successor to Bitcoin’ Amid HTX Delisting Controversy

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Cardano founder Charles Hoskinson has openly supported Ergo (ERG) following news of its potential delisting from HTX. 

Earlier this week, Ergo’s official X account reported that its native token was unjustly being delisted from HTX for failing to meet liquidity requirements.

It emphasized that the listing agreement previously signed with HTX did not include minimum volume requirements. However, Ergo claimed HTX added ERG to its ST list without informing the Ergo team of any policy changes or providing adequate response time.

The Ergo team stated that it discovered HTX’s delisting plan a month after the official notification was expected. Upon learning of the move, Ergo said it quickly made the necessary adjustments to comply with the exchange’s liquidity requirements. Despite this, it claims the exchange still intends to proceed with the delisting.

Cardano Founder Reacts

Interestingly, Cardano’s founder, Charles Hoskinson, joined several crypto stakeholders to respond to Ergo’s public outcry, advocating for increased liquidity on decentralized exchanges.

In his X post, Hoskinson stated that he is familiar with how centralized exchanges treat smaller crypto projects. He emphasized that decentralization is the only way small projects can end the mistreatment from centralized trading platforms.

Meanwhile, Hoskinson praised Ergo, describing it as a spiritual successor to Bitcoin, the world’s largest cryptocurrency by market cap. He stressed that the project deserves more respect and love than it currently receives.

Furthermore, Hoskinson suggested that Ergo could thrive as a partner chain within the Cardano ecosystem. He noted that it is challenging for the Cardano team to provide support while Ergo remains a standalone Layer-1 (L1) project.

Is Something Big Coming for ERG?

While Ergo has yet to comment on the proposal, Edge Capitalism highlighted the significance of Hoskinson’s recent endorsement of ERG. Edge Capitalism finds it surprising that Hoskinson is commenting on a project like Ergo rather than established competitors such as Solana or Ethereum.

They view Hoskinson’s remarks as a strong endorsement of Ergo’s decentralized model and technology, suggesting that such high-profile validation could pave the way for significant development for ERG in the near future.

ERG Still on HTX

In the meantime, HTX Global has yet to delist ERG. Of the $351,000 total 24-hour trading volume for ERG, $42,561 was transacted on HTX Global.

The token, which plunged to a 30-day low of $0.7712 yesterday, is currently changing hands at $0.8258. It has surged 4.58% over the past 24 hours, but is down 3.67% in the past week. With a valuation of $67.71 million, ERG ranks as the 492nd biggest cryptocurrency by market cap.

Although Ergo is a separate L1 blockchain, it is compatible with the Cardano network. Like Cardano, Ergo uses the same transaction model, allowing decentralized applications to run on both blockchains. Last year, 624,000 ERG coins, or 0.76% of its 81.96 million circulating supply, moved to the Cardano network.

First U.S. Spot XRP ETF Sees Biggest Day-One Natural Volume of Any 2025 Launch

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The newly launched REX-Osprey XRP ETF (XRPR) recorded the largest first-day “natural” trading volume of any U.S. ETF debut in 2025.

Bloomberg Senior ETF Analyst Eric Balchunas revealed the milestone in a tweet on Thursday. The development further confirmed strong institutional and retail appetite for XRP-backed products.

XRP ETF Tops 2025 ETF Debuts with $37.7 Million Volume

According to Balchunas, XRPR traded $37.75 million on its first day, edging out the previous record held by the Dan Ives Wedbush AI Revolution ETF (IVES) for the highest day-one natural dollar volume of any 2025 ETF launch.

XRP ETF Day 1 Volume Image by Bloomberg analyst
XRP ETF Day 1 Volume | Image by Bloomberg analyst

Its sister product, the REX-Osprey DOGE ETF (DOJE), also impressed with $17 million in trading volume. This ranks it among the top five ETF launches this year, out of 710 new products.

Balchunas described the strong opening as a positive signal for the upcoming “onslaught of 33 Act ETFs”. Notably, he was referring to other spot ETFs currently under SEC review, filed under the Securities Act of 1933.

Meanwhile, the SEC approved the newly launched XRP and Dogecoin ETFs under the Investment Company Act of 1940, which allows for a more streamlined approval process. Most of the other spot ETFs under review have decision deadlines in October.

Pivotal Moment for XRP Investment Access

XRPR is the first U.S.-listed exchange-traded fund providing spot exposure to XRP, offering investors a regulated channel to hold the crypto asset via traditional brokerage accounts.

It went live on Thursday and has already seen massive trading volume. Notably, the fund allocates 80% of its assets to XRP, with the remaining 20% in futures, Treasuries, and money market funds.

Interestingly, the launch coincides with the SEC’s approval of Grayscale’s Digital Large Cap Fund. For context, this is the first U.S. multi-asset crypto ETP, which includes XRP alongside Bitcoin, Ether, Solana, and Cardano.

Institutional Demand Continues to Climb

The success of the new XRP ETF aligns with several records set by related products.

Notably, CME Group’s XRP futures crossed $1 billion in open interest in just over three months, making it the fastest crypto contract on the platform to reach that level.

Meanwhile, futures-based XRP ETF products, including Teucrium’s XXRP and Volatility Shares’ XRPI, have already surpassed $800 million in combined assets under management.

When XXRP launched in April, it recorded a strong $5.43 million in first-day volume despite a bearish market, price dips, and liquidations. This figure outperformed Solana’s 2x ETF debut by nearly 4x in trading volume.

These record-breaking numbers confirm growing institutional appetite for XRP.

All Eyes on October XRP ETF Decisions

The record-breaking debut of XRPR comes ahead of the U.S. SEC’s October deadlines to rule on more than ten additional spot XRP ETF applications. Analysts estimate the chance of approval as high as 95%.

With such high expectations, the market is already pricing in a potential 300% surge in XRP’s value. According to experts, these ETFs could trigger a wave of inflows up to $5 billion in four weeks.