Home Blog Page 548

Here is XRP Price by December 2025 if SEC Approves ALL Spot XRP ETFs by October

Sam Wisdom Raphael
-
0
Here is XRP Price by December 2025 if SEC Approves ALL Spot XRP ETFs by October

Where could the XRP price reach by December 2025 if the U.S. SEC approves all spot XRP ETFs on its desk by their deadlines in October?

Bloomberg recently released a list of crypto ETF filings for 2025, and XRP boasts over a dozen filings on the table. Notably, seven of these are spot ETFs, all still waiting on approval. 

The deadlines for these spot XRP ETFs land in October, which means the next month could decide a lot for XRP’s future. However, while spot products continue to await approval, leveraged funds like Teucrium’s XXRP ETF have already made it to market.

XRP Seeing Massive Attention

Interestingly, Teucrium’s fund has delivered results no one can ignore. In just three months, it became the company’s top-performing product in its 16-year history. It also became the first U.S. XRP ETF to pass $300 million in inflows. Many in the market believe this success shows how well spot ETFs could perform if regulators give the green light.

Moreover, XRP futures contracts on the Chicago Mercantile Exchange have surged in popularity. Specifically, XRP became the fastest ever to hit $1 billion in open interest, beating out even Bitcoin and Ethereum. This growth has strengthened confidence that institutional demand for XRP runs deep and that spot ETFs could attract serious inflows.

For instance, Steven McClurg, CEO of Canary Capital, one of the firms working to launch an XRP ETF, believes the products could draw up to $5 billion in inflows within their first month. McClurg believes XRP spot ETFs could even outpace Ethereum ETFs in their early performance.

At the moment, XRP trades at $2.71 and carries a market cap of $163.1 billion. Still, it is difficult to say with certainty how the spot products will perform after launch. Notably, market inflows, investor confidence, and global conditions will all shape the outcome. The main question is not whether ETFs will attract attention, but whether the attention will translate into sustained momentum.

XRP Price by December 2025 if All Spot XRP ETFs Gain Approval 

To assess this, we asked Google Gemini AI to imagine a bullish outcome for XRP if all spot ETFs secure approval by October 2025. In response, Gemini explained that such a scenario could serve as a turning point for XRP.

Specifically, spot ETFs would give pension funds, hedge funds, and other institutions a simple way to gain exposure to XRP through regulated channels. This development could lead to a flood of institutional capital.

According to Gemini, ETF issuers would need to purchase large amounts of XRP to back their funds, creating strong buying pressure. 

Google Gemini Commentary on Spot XRP ETF Approval
Google Gemini Commentary on Spot XRP ETF Approval

Gemini also highlighted the possible effect of publicity. The chatbot said the wave of media coverage and excitement could trigger fear of missing out among retail investors, which would add to the buying frenzy and help push prices higher.

With a combination of these factors, Gemini suggested that XRP price could land somewhere between $10 and $16 by December 2025. At the lower end, XRP’s market cap would top $500 billion. At the upper end, the surge could mirror the kind of parabolic rallies seen in past crypto bull runs. 

XRP Price by December 2025 Google Gemini
XRP Price by December 2025 | Google Gemini

However, Gemini stressed that this is a speculative scenario, and outside forces such as global markets, regulation, and broader crypto trends could change the outcome.

Dogecoin Foundation Launches First Official DOGE Treasury With $175M Backing

Abdulkarim Abdulwahab
-
0
Dogecoin Foundation Launches First Official DOGE Treasury With $175M Backing

The commercial arm of the Dogecoin Foundation, House of Doge, has partnered with CleanCore Solutions to launch the first official Dogecoin Treasury. 

The initiative is supported by a $175,000,420 private placement, marking a new era of institutional-grade adoption for DOGE.

Notably, the partnership also involves 21Shares, a $12 billion asset manager, to help oversee the allocation, governance, and transparency of the treasury.

Funding Details and Key Investors

To establish the treasury, CleanCore executed a private investment in public equity (PIPE), issuing 175,000,420 Pre-Funded Warrants at $1 each, raising approximately $175 million before expenses.

The placement drew participation from more than 80 institutional and crypto-native investors, including Pantera, Borderless, FalconX, Mythos, and MOZAYYX. The offering will close on September 4, pending standard approvals from the NYSE American.

Leadership and Governance of The DOGE Treasury

Meanwhile, leadership from the House of Doge and the Dogecoin Foundation will play central roles in the initiative. 

Alex Spiro has secured appointment as the Chairman of the Board of Directors. Timothy Stebbing, CTO of House of Doge, will join the board. Marco Margiotta, CEO of House of Doge, will serve as CleanCore’s Chief Investment Officer.

Together, this leadership team will shape the treasury’s allocation strategy and future corporate integrations.

Dogecoin Becomes a Treasury Reserve Asset

Per the press release, proceeds from the placement will allow CleanCore to adopt Dogecoin (DOGE) as its primary treasury reserve asset. This move will align it with the growing number of public companies establishing treasuries with cryptocurrencies.

Notably, plans are underway to integrate staking-like rewards, yield opportunities, and exchange collaborations that could enhance DOGE’s utility and appeal for retail and institutional participants. This move seeks to position Dogecoin for tokenization, payments, and mainstream commercial adoption.

“A Watershed Moment for Dogecoin”

In the official announcement, executives from House of Doge and CleanCore described this treasury strategy as a major turning point for Dogecoin. 

They noted that it strengthens the DOGE’s legitimacy beyond its meme-inspired origins and also sets a precedent for how foundations can collaborate with public companies to create real-world utility.

As Dogecoin officially enters treasury strategy discussions at the institutional level, this initiative marks the beginning of Dogecoin’s next phase as a serious global payments currency. 

The meme coin joins other assets, such as Bitcoin, Ethereum, and XRP, that are currently dominating institutional portfolios.

Strategy Buys 7,700 Bitcoin in August, SharpLink Adds 39,000 Ethereum to Treasury

Zabi
-
0
Strategy Buys 7,700 Bitcoin in August, SharpLink Adds 39,000 Ethereum to Treasury

Strategy, formerly known as MicroStrategy, added over 7,700 Bitcoin in August, while SharpLink Gaming expanded its Ethereum reserves to more than 837,000 ETH. 

Strategy, led by Bitcoin advocate Michael Saylor, continued its aggressive Bitcoin strategy with another major purchase last week. 

According to a U.S. Securities and Exchange Commission (SEC) filing, the company bought 4,048 BTC between August 25 and September 1. The acquisition, valued at $449.3 million, occurred at an average price of $110,981 per coin. 

Bitcoin’s wild swings influenced the timing, spiking above $113,000 before dropping below $108,000 on Friday. This volatility created the opportunity for Strategy’s latest purchase.

With this purchase, Strategy now owns a staggering 636,505 BTC, strengthening its position as the largest public company holder of the asset. The firm has spent $46.95 billion on its Bitcoin stash, which, at current prices, is worth $69.6 billion. This leaves the company with an unrealized profit of around $22.66 billion.

August Buying Slows Compared to July

The latest acquisition capped a quieter month for Strategy. In total, the company purchased 7,714 BTC during August, a significant decrease from the 31,466 BTC purchased in July.

August’s purchases were made in four separate transactions. Earlier in the month, Strategy disclosed the acquisition of 430 BTC and 155 BTC. A larger addition of 3,081 BTC was announced last week, before the final 4,048 BTC purchase.

The company funded these buys through several at-the-market equity programs, including STRF ATM, STRK ATM, STRD ATM, and MSTR ATM. These facilities allow Strategy to raise cash by issuing and selling new shares directly into the market.

SharpLink Expands Ethereum Treasury

While Strategy sharpened its Bitcoin bet, SharpLink Gaming (SBET) focused on Ethereum. The firm revealed it acquired 39,008 ETH last week, spending an estimated $177 million at an average cost of $4,531 per coin. 

The purchase pushed SharpLink’s total holdings to 837,230 ETH, valued at nearly $3.6 billion as of Tuesday. The buy was financed mainly through $46.6 million raised via the company’s at-the-market equity program in the week ending August 31.

Since launching its Ethereum treasury strategy in June, SharpLink has earned 2,318 ETH in staking rewards. The company also reported $71.6 million in cash reserves available for future deployment.

SharpLink highlighted its growing commitment to Ethereum with a treasury ratio called the ETH concentration metric. This measure, which compares ETH exposure to cash, now stands at 3.94. In simple terms, the company holds nearly four dollars of Ethereum for every dollar of cash on hand.

As of press time, Bitcoin is trading at $109,480, showing little change over 24 hours, while Ethereum has fallen 3% to $4,300 amid a softer market mood.

Bitget Token Jumps 14% to 4-Month High as Bitget Moves 39% of Supply to Morph Foundation

Sam Wisdom Raphael
-
0
Bitget Token Jumps 14% to 4-Month High as Bitget Moves 39% of Supply to Morph Foundation

The Bitget token (BGB) observed a sharp rally today after the exchange revealed plans to hand over a large share of its supply to the Morph Foundation. 

Specifically, the move, announced in a press release today, covers 440 million BGB, about 39% of the circulating supply, and places the Bitget token at the heart of Morph’s growing blockchain ecosystem.

Bitget’s Partnership with the Morph Foundation

In the press release, Bitget said it would send all the tokens it currently holds to the Morph Foundation. Of the total, it will burn 220 million immediately to reduce the circulating supply. Meanwhile, they will lock up the other 220 million tokens and gradually release them at 2% each month.

The foundation will use these tokens to drive liquidity incentives, expand real-world use cases, and fund education. Bitget also confirmed that BGB will now act as the main gas and governance token for Morph. This essentially gives it a direct role in payments, network operations, and application growth.

Notably, the exchange confirmed its broader plans for Morph, which runs as a Layer 2 focused on payments and consumer finance. As it makes Morph the official home of the Bitget token, the exchange looks to give its 120 million users, along with Bitget Wallet’s base, direct access to decentralized protocols built on the chain. 

Bitget’s Chief Executive Gracy Chen described this step as the start of a new chapter for the Bitget token, one that will make the token a driver of consumer finance at scale. Also, Morph’s CEO, Colin Goltra, highlighted the deeper integration as a way to turn the chain into a major hub for decentralized payments.

Meanwhile, the rollout also includes upgrades to Morph’s network, which will cut fees, boost performance, and prepare the chain for larger-scale adoption. The Morph Foundation will now guide BGB’s long-term path. 

It plans to update the token’s burn system so it links directly to network activity, with the ultimate goal of cutting total supply down to 100 million. Notably, Bitget had already burned 40% of the initial supply of 2 billion to the current figure.

Bitget Token Reacts with 14% Spike in an Hour

Interestingly, the Bitget token reacted positively to the recent disclosure. From trading for $4.8 by 10 AM, it shot up to $5.5 by 11:15 AM UTC, its highest price since May. That surge marked a 14.6% jump in just over an hour. 

Bitget Token Massive Spike
Bitget Token Massive Spike

However, the rally quickly lost momentum. Within the next thirty minutes, the Bitget token dropped 6.55% as profit-taking kicked in. Nonetheless, despite this pullback, BGB has held firm above the $5 mark. At press time, it trades for $5.08, showing that buyers still support the move.

In the past 24 hours, BGB has gained 9.08%, standing out against the broader market, which has struggled with fresh corrections. This performance pushed it into the top three gainers of the day, according to CoinMarketCap.

Bitget Token Among Top 3 Gainers CoinMarketCap
Bitget Token Among Top 3 Gainers | CoinMarketCap

Coinbase Exec Says Middle Eastern Nations May Be Stockpiling Bitcoin Beyond Public Disclosures

Lele Jima
-
0
Coinbase Exec Says Middle Eastern Nations May Be Stockpiling Bitcoin Beyond Public Disclosures

Eric Peters, Chief Investment Officer at Coinbase’s asset management unit, suggests that Middle Eastern nations’ exposure to Bitcoin may be greater than what is publicly known.

Peters shared this view in a recent episode of the Bankless podcast. He expressed confidence that some countries in the Middle East already have massive investments in cryptocurrencies, likely exceeding what they have disclosed so far.

This suggests that some countries in the Middle East may be quietly acquiring and holding more cryptocurrencies than they officially report. He indicated that these discrete investments could eventually tie into a new kind of monetary standard, where crypto becomes part of their reserves, alongside gold and other commodities.

Interestingly, he believes this “new monetary standard” narrative will gain momentum over time, drawing in major players who have so far remained on the sidelines—likely at much higher prices.

Reluctant Institutions Will Buy Bitcoin at Higher Prices

While some institutions are entering the Bitcoin market, Peters noted that most remain hesitant to buy at current price levels.

He emphasized that large pools of capital are reluctant to purchase Bitcoin at the $100,000–$120,000 range and would prefer to invest in equities instead. Peters does not expect these investors to buy Bitcoin even if the price drops below $85,000.

Meanwhile, he views this reluctance as a bullish indicator, suggesting it reflects strong future demand.

Peters envisions a scenario where, a few years from now, institutions that previously held back will enter the market at even higher prices—motivated by stronger narratives and improved infrastructure.

Crypto to Become Part of Global Monetary Framework

Peters asserted that hesitant institutions will likely invest in crypto-related infrastructure before directly allocating capital to Bitcoin itself. He believes crypto will eventually become integrated into a new global monetary framework.

Although he does not foresee cryptocurrencies replacing the U.S. dollar, he pointed out that the U.S. is already exploring the idea of establishing a strategic digital asset reserve, which would feature Bitcoin and other tokens.

In his view, this strategic reserve initiative, alongside the growing adoption of crypto in the Middle East, will serve as a catalyst that attracts the large players who have previously overlooked crypto.

Here’s Why There is Little Evidence of Massive Rotation from XRP to Chainlink

Abdulkarim Abdulwahab
-
0
Here’s Why There is Little Evidence of Massive Rotation from XRP to Chainlink

Amid ongoing speculation about Chainlink (LINK) absorbing XRP liquidity, some prominent figures in the XRP community argue there’s little evidence to support the claim.

In a tweet today, XRP advocate Bill Morgan shared a snapshot of the LINK/XRP chart and pointed out that XRP is actually gaining ground against LINK. This challenges the growing narrative suggesting a significant rotation from XRP into LINK.

Proponents of the rotation theory claim that Chainlink is now fulfilling the global role that XRP historically promised. Notably, they argue that while XRP has failed to deliver on its ambitions, LINK is advancing rapidly, securing high-level partnerships—including a recent one with the U.S. government.

This has led many Chainlink proponents to claim that LINK will soon overtake XRP in market ranking. However, LINK remains far behind XRP. It sits at position 11, while XRP holds the number 3 spot, with over $150 billion in market cap separating the two.

LINK/XRP Chart Shows Chainlink Struggling

The chart Morgan shared shows that the LINK/XRP ratio has consistently declined since last year, dropping from 36.55 XRP to just 8.18 XRP. This suggests that XRP has significantly outperformed LINK in terms of price performance over the past year.

For instance, in February 2024, one LINK token could buy as many as 39.8 XRP. At that time, XRP was trading between $0.49 and $0.51, while LINK was over $19. Even through November 2024, XRP remained in that price range.

However, shortly after, XRP turned bullish and began gaining strength against LINK. Since then, the LINK/XRP ratio has dropped by over 70% from its February peak.

In dollar terms, LINK is currently trading at $23, which represents only a 21% increase from its February 2024 price of $19, when the LINK/XRP ratio peaked. Meanwhile, XRP is trading at $2.81 today, representing a 462% gain from its February 2024 low of $0.4982.

LINK/XRP chart on Bitrue exchange
LINK/XRP chart on Bitrue exchange

Despite the broader market correction, XRP has retained most of its gains. On a yearly basis, LINK is up 116%, while XRP boasts a 404% gain.

Given this stark disparity in price performance, Morgan argues there is little to no evidence of a massive rotation from XRP into LINK.

Chainlink’s Recent Momentum

Over the past two months, the LINK/XRP pair has been in a battleground, with LINK attempting to recover against XRP. After dipping to just 4 XRP per LINK in July, the ratio has since improved to around 8.2 XRP as of today.

This short-term rebound is what some LINK proponents, such as “@josefabregab,” are referring to as a “massive rotation” from XRP to LINK. However, when viewed on a longer time frame, XRP still maintains a significant lead.

Analyst Expects Ethereum to Target $22,000 Once This Confluence Factor Falls Into Place

Sam Wisdom Raphael
-
0
Analyst Expects Ethereum to Target $22,000 Once This Confluence Factor Falls Into Place

A prominent market analyst insists Ethereum still has more room to grow, calling attention to a confluence factor that could trigger the next leg up.

Notably, Ethereum finds itself at a decisive point after reaching a new all-time high of $4,955 in August. Since then, the price has dropped 13%, but it continues to hold above $4,300 despite doubts about whether the bull run still has legs. 

Ethereum Still Has More Upside Potential

Interestingly, market analyst EGRAG Crypto believes the rally has not ended. In his latest analysis, he argued that Ethereum could still climb much higher, even reaching $22,000, if it breaks out of a long-term ascending triangle pattern that has dictated price action for more than two years.

For context, EGRAG’s analysis looks at Ethereum’s entire price history and focuses on important Fibonacci levels across three major cycles. In one accompanying chart, the analyst tracks how each cycle ended at specific Fibonacci extensions he calls “HITs.” 

Ethereum Fib Hits EGRAG Crypto
Ethereum Fib Hits | EGRAG Crypto

Specifically, during the first major rally from 2015 to January 2018, Ethereum topped out above the 3.888 Fibonacci extension ($1,285) when it reached a peak of $1,420. This marked the top of Cycle One. 

Meanwhile, the second big run between 2018 and 2021 ended above the 1.414 Fibonacci extension ($4,266), with Ethereum soaring to a high of $4,868 by November 2021. This price set the Cycle Two high before the bear market hit.

During the bear market, the 2022 crash dragged Ethereum to a low near $880, which started Cycle Three. From there, the price built a recovery path through several Fibonacci retracement levels: $2,052 at the 0.5 level, $2,882 at 0.702, and $3,942 at 0.888. 

The Confluence Factor: ETH Needs to Break the Ascending Triangle

Notably, the 1.0 extension at $4,760 now acts as the major horizontal resistance line and the top boundary of the ascending triangle. With its price now at $4,378, Ethereum trades just below this level, holding steady after reclaiming those key retracement zones one by one.

Meanwhile, another EGRAG chart focused on the ascending triangle, which stretches from the 2022 low through higher lows in 2023, 2024, and 2025. The top of the triangle sits at $4,760. This forms the breakout point EGRAG calls the confluence factor. 

Ethereum Ascending Triangle EGRAG Crypto
Ethereum Ascending Triangle | EGRAG Crypto

He explained that a breakout above this line would trigger three possible price targets based on different measurement methods. 

Specifically, a non-logarithmic projection points to $8,500, which lines up near the 1.272 Fibonacci extension at $7,522 and stays below the 1.414 level at $9,553. The average between logarithmic and non-logarithmic methods sets a midpoint target of $15,250, landing between the 1.414 and 1.618 extensions. 

However, the most aggressive target comes from the logarithmic method, which projects $22,000, aligning with VanEck’s predictions. This would push Ethereum far above the 1.618 Fibonacci extension at $13,465, repeating the kind of late-cycle overshoot from earlier rallies.

EGRAG noted that every past cycle has topped at one of these extension levels. For context, Cycle One ended at 3.888, while Cycle Two stopped at 1.414. For the current cycle, the key levels stand at 1.272, 1.414, and 1.618, with the $4,760 breakout level serving as the trigger for the next big move. 

Other Analysts Agree

Interestingly, other analysts also believe Ethereum still has more growth potential this cycle. In an analysis today, veteran trader Michaël van de Poppe compared Ethereum’s current setup to late 2019 or early 2020 in the previous cycle. 

Ethereum Against Bitcoin Michael van de Poppe
Ethereum Against Bitcoin | Michael van de Poppe

He pointed out that Ethereum recently broke above its 20-week exponential moving average after the longest bear market in its history, signaling the start of a lasting uptrend rather than a quick pump. 

Meanwhile, Web3 commentator Zyn also highlighted that Ethereum ended a four-year downtrend, set a new all-time high, and now retests the breakout level as support. He believes this kind of setup often leads to another major rally.

VivoPower Deepens Ties With XRP, Kicks Off $30M XRP Treasury Yield Strategy

Mark Brennan
-
0
VivoPower Deepens Ties With XRP, Kicks Off $30M XRP Treasury Yield Strategy

VivoPower to Deploy $30M in XRP With Doppler Finance, First Step in $200M Treasury Plan.

VivoPower International PLC, a publicly traded company, is making bold moves into the world of digital assets, with a particular focus on the XRP Ledger (XRPL) and Ripple. The firm has announced a series of initiatives that position XRP at the heart of its evolving treasury strategy.

$30 Million XRP Deployment

In partnership with Doppler Finance, VivoPower has deployed $30 million worth of XRP into yield-generating programs built on the XRP Ledger.

 

The plan is to use XRPL’s yield services to reinvest earnings directly back into its reserves, creating a compounding loop. This approach not only leverages XRP’s speed and efficiency but also signals a growing trend of corporate entities experimenting with blockchain-native yield mechanisms.

XRP-Centric Treasury Strategy

This deployment is part of VivoPower’s broader transformation into an $200M XRP-focused digital treasury enterprise.

The company, traditionally known for energy solutions and sustainability projects, is shifting gears toward integrating crypto-driven financial infrastructure. By anchoring its treasury to XRP, VivoPower aims to diversify assets, tap into blockchain efficiencies, and align itself with the growing institutional adoption of tokenized finance.

Ripple Share Acquisition

Beyond tokens, VivoPower has gone a step further by investing directly in Ripple equity, purchasing $100 million in Ripple shares. This dual-pronged approach — holding both XRP tokens and Ripple equity — signals deep confidence in Ripple’s long-term role in cross-border finance and institutional blockchain adoption.

It also strengthens VivoPower’s credibility as one of the first publicly traded firms to integrate XRP so comprehensively into both its balance sheet and strategic direction.

VivoPower to Present at XRP Seoul 2025 in South Korea

VivoPower International PLC (NASDAQ: VVPR) has confirmed that it will present at XRP Seoul 2025, Asia’s premier XRP and Web3 conference, scheduled for September 21, 2025, in South Korea.

This event, sponsored by Ripple and hosted by XRPL Korea, is expected to draw over 3,000 attendees and over 100 companies from 40+ countries, including developers, investors, and major XRP holders.

South Korea holds strategic significance for VivoPower’s XRP-centric strategy:

  • The country accounts for 25% of global XRP trading (~$20 billion)

  • South Korean holders control 25% of XRP’s circulating supply, valued at about $29 billion

Here is XRP Price if 10% of the Supply is Eliminated by Burns

Sam Wisdom Raphael
-
0
Here is XRP Price if 10% of the Supply is Eliminated by Burns

Expert projections eye bullish targets for XRP if the XRP Ledger (XRPL) eliminates 10% of the total supply through burns.

For context, XRP’s built-in burn mechanism has a small but important role in the ecosystem. Specifically, each transaction on the XRP Ledger carries a small fee, and the network permanently removes or “burns” this fee. 

The XRPL’s Burn Feature

However, the original architects of the XRP Ledger never designed this feature to make the crypto asset scarce or drive its price upward. Instead, they implemented it primarily to prevent spam transactions on the network.

Despite this original purpose, several individuals within the XRP community believe large-scale burns could impact XRP’s value. At present, the daily average of XRP destroyed through transaction fees hovers around 2,700 tokens. However, recent declines in network activity have pushed this figure down to roughly 600 tokens per day. 

Notably, since the network’s launch 13 years ago, only 14.19 million XRP has been burned, which represents a mere 0.014% of the total supply of 100 billion tokens. At this slow pace, reaching even one billion burned tokens, or just 1% of the total supply, would take over a thousand years.

This has led some within the community to call for alternative methods that could accelerate the burn process. Still, the actual impact of burning larger amounts remains uncertain. 

To understand what might happen if the XRP Ledger were to remove a large amount, say 10% of its total supply from circulation, we asked for an assessment from the AI chatbot Google Gemini.

XRP Price if the Network Burns 10% of Supply

According to Google Gemini, eliminating 10 billion XRP, or 10% of the total supply, would mark a major deflationary event. Currently, XRP trades at $2.71 with a circulating supply of about 59.48 billion tokens, giving it a market cap of roughly $161 billion. 

If 10 billion tokens disappeared from circulation, the supply would shrink to 49.48 billion tokens. If XRP kept the same market cap, its price would only climb to around $3.25 solely from the reduced supply, even without additional demand.

XRP Immediate Price Projection from Burns Google Gemini
XRP Immediate Price Projection from Burns | Google Gemini

However, Google Gemini noted that markets do not react in such a straightforward way. Specifically, the psychological shock of such a massive supply cut would almost certainly attract new investors and fuel buying pressure. 

As a result, the AI chatbot suggested that the price might first surge to between $4 and $5 as traders reacted to the news, before consolidating and potentially breaking past the cryptocurrency’s previous all-time high near $3.84.

According to Google Gemini, the long-term outlook could become even more bullish. Amid higher demand, reduced supply, and renewed investor interest, XRP might target levels between $10 and $15 in the months following such an event, creating a market cap ranging from roughly $495 billion to $742 billion.

XRP Long Term Price Projection from Burns Google Gemini
XRP Long Term Price Projection from Burns Google Gemini

XRP Elliott Wave Structure Eyes $9.69 Top as Corrective Wave 2 Concludes

Sam Wisdom Raphael
-
0
XRP Elliott Wave Structure Eyes $9.69 Top as Corrective Wave 2 Concludes

A notable market watcher believes the current XRP corrective push has concluded, suggesting an Elliott Wave rally to new heights.

Notably, XRP has recently faced strong bearish pressure, dropping to around $2.72 at the start of this month, September 2025, after peaking near $3.66 in July. 

However, CryptoInsightUK suggests that this decline might have marked the completion of a corrective phase, setting the stage for a major bullish breakout. His chart applies Elliott Wave theory to XRP’s price action, presenting a roadmap of potential upside targets if major support levels hold.

XRP Now Completing Its Corrective Wave 2

According to the chart, the first major impulsive wave began in late June 2025, carrying XRP from its consolidation phase around the $2 region to a July peak of roughly $3.66. Notably, this came amid a broader market recovery push.

The surge formed a smaller five-wave structure, which CryptoInsightUK labeled as a larger Wave (1). Following this sharp rally, XRP entered what he described as an expanded flat corrective pattern labeled A–B–C, with the final C-leg pulling prices back toward $2.72 at the time of press.

Importantly, this correction, which XRP has continued to face, shows declining volume and neutral momentum readings on the three-day RSI. This suggests that the retracement is more likely a cooling phase rather than the start of a deeper downtrend.

XRP 3D Chart CryptoInsightUK
XRP 3D Chart | CryptoInsightUK

Notably, CryptoInsightUK’s chart marks the $2.72 region as the major support zone where Wave (2) likely ended. If this level continues to hold, he expects the next phase, Wave (3), to emerge as a powerful impulsive rally. 

For the uninitiated, Elliott Wave principles often view the third wave as the strongest and longest, and his projection shows XRP first breaking into the mid-$6 region before potentially reaching as high as $9.69. 

However, he also outlined an alternative scenario. Specifically, if XRP drops below the $1.99–$1.94 range, the current bullish count would be invalidated, requiring a fresh assessment of the entire structure. For context, the last time XRP saw this level was in June 2025.

Expert Opinions from Other Analysts

After sharing his analysis, CryptoInsightUK consulted another analyst, CrediBULL, asking whether his wave count aligned with Elliott Wave rules. Responding, CrediBULL explained that the important question is whether the rally from $1.90 was impulsive or merely a corrective bounce. 

He admitted that he was uncertain on that point but stressed that either way, XRP should not revisit levels below $1.90, so the long-term bullish outlook remained intact. 

In a separate commentary, CrediBULL added that XRP had already confirmed daily bullish divergences against Ethereum on the XRP/ETH pair, with a three-day bullish divergence also forming. He believes these signals confirm XRP could outperform ETH in the coming weeks and months.

XRPETH Chart CrediBULL
XRPETH Chart | CrediBULL

Meanwhile, amid the ongoing downtrend, which has triggered a 10% drop in XRP price over the past three weeks, market analyst Dom highlighted trading behavior on Korean exchanges that might have contributed to the slump. He noted significant net outflows since the $3.60 peak. 

Specifically, Upbit alone recorded outflows of 536 million XRP, while all other exchanges combined saw 296 million XRP in net outflows. Interestingly, Coinbase and Bitstamp reported net buying during the same period.

However, analyst Ali Martinez presented important price levels for XRP’s bullish path once a recovery begins. He emphasized that XRP should hold above $2.70 and attempt to reclaim $2.90. Such a move could set the stage for a break above $3.70, and this would confirm the start of the next major upward leg.

XRP 1D Chart Ali Charts
XRP 1D Chart | Ali Charts
1...547548549...2,634Page 548 of 2,634