Could XRP Skyrocket 1,400%? $10 Target in Sight If ETF Greenlight Comes This Week

XRP could rise up to 1,400% if a spot ETF receives approval, putting the $10 target in focus.

Regulatory momentum and the success of other crypto ETFs are fueling renewed speculation around XRP's future.

XRP's current technical setup and market position suggest stability with potential for a high-yield breakout.

XRP, an asset tied to Ripple’s global payment network, has recently become a topic of discussion as the prospect of a spot ETF nears. A possible regulatory approval is being anxiously monitored, as some analysts predict it may trigger XRP to soar as high as 1,400%

XRP is currently trading at $2.45, far below its previous all-time high, but if an ETF receives approval this week, analysts suggest it could provide a lucrative and dynamic shift in momentum. This scenario places the $10 price level as a possible target, a level that would represent one of the most groundbreaking gains in the token's history.

During the past few months, XRP has stayed largely unchanged compared to the significant volatile moves seen in many other altcoins. Some traders see the recent price consolidation around $0.68 as laying the groundwork for a potential price increase to $15+.

While XRP’s price action has been mostly muted since early 2024, it continues to be supported by its established use case and ongoing legal clarity following Ripple’s court victory against the U.S. Securities and Exchange Commission (SEC). The renewed optimism surrounding a possible XRP ETF has added a new narrative to the mix—one that could reshape its market outlook entirely.

A Revolutionary Catalyst: ETF Approval Speculation Builds

The possibility of an XRP ETF is not new, but recent developments within the cryptocurrency regulatory landscape have reignited the discussion. The success of Bitcoin spot ETFs earlier this year has opened doors for similar investment vehicles tied to other digital assets. If XRP follows suit, it would mark an unparalleled and innovative moment in its history. Unlike meme-driven tokens, XRP’s appeal is tied to institutional and cross-border use cases, making the ETF angle particularly unique.

Should an ETF be announced, industry analysts expect a sharp inflow of capital due to increased accessibility for retail and institutional investors. The effect would likely be both immediate and long-term, potentially pushing the price far beyond previously established resistance levels. In this scenario, the projected $10 target, though ambitious, aligns with prior historical growth seen in similar market shifts.

XRP’s Current Market Context

XRP remains the sixth-largest cryptocurrency by market capitalization, with a solid user base and sustained interest from global investors. The asset has shown resilience despite broader market corrections and has avoided the high volatility observed in more speculative tokens. XRP's current price remains below its 2021 peak, but technical indicators suggest accumulating momentum as the news cycle increasingly turns toward ETF speculation.

Volume indicators have also increased modestly, suggesting renewed interest, possibly in anticipation of major news. A positive response to an ETF-based announcement could spark a fast appreciation of XRP’s value. There remains a high level of uncertainty about future prices, as they'll be strongly influenced by forthcoming regulatory news and overall market signals.

Bottom Line

While the path to a $10 XRP remains uncertain, a spot ETF approval would represent a superior and possibly unmatched catalyst for price acceleration. Market observers are advised to watch for official developments this week, as any confirmation from regulators could lead to a remarkable shift in XRP's valuation trajectory.