The surge in this trading activity indicates that both institutional and retail investors have regained interest in the market, even as the global cryptocurrency market is consolidating.
The general ETF listing standards adopted by the U.S. Securities and Exchange Commission at the end of September have removed significant barriers to the listing of altcoin ETFs. While Bitcoin and Solana may be among the first to list, analysts have already begun speculating on the approval of the XRP ETF.
If the ETF goes live, XRP may experience a surge similar to Bitcoin's rise before the ETF.
XRP has recently returned to the 100-day exponential moving average ($2.85) and is testing the 50-day exponential moving average ($2.94). Technical analysts have pointed out a breakout from a descending wedge, a pattern that typically signals a bullish reversal.
Key levels to watch: A daily close above $2.95 USD may confirm bullish control. If it fails, a retest around $2.65–$2.80 may be faced.
On-chain data shows that whales purchased 120 million XRP (approximately $345 million) in just three days, reducing exchange reserves to their lowest level in six months. At the same time, Axelar and Flare Networks plan to lock up over $10 billion worth of XRP in their ecosystems. This move further tightens circulating supply, creating conditions for explosive growth. Analysts estimate that if ETF custodians also start accumulating, only 21 million XRP (about 0.035% of the supply) may be freely traded.
Ripple's XRP is at the center of ETF speculation, Whale accumulation, and changes in the regulatory environment. Although short-term volatility may still persist, the price point of AUD $4.36 can be seen as an accumulation zone before institutional capital inflows. With the right combination of technological breakthroughs and ETF approval catalysts, XRP may be preparing for the next significant rebound. For Australian investors and traders, XRP remains a bullish opportunity — and trading platforms like Gate.com provide the best avenue to capitalize on this opportunity.
Will the XRP ETF be approved in 2025?
Although no XRP ETF has been approved yet, the SEC's adoption of general ETF standards has increased optimism. With Franklin Templeton's application and rumors about BlackRock, approval in 2025 is possible. If approved, billions of institutional capital could flow into XRP, significantly driving up the price.
Can XRP reach 10 AUD before 2026?
Yes, if the ETF approval aligns with the accumulation by Whales and broader adoption of the Ripple network, achieving XRP at 10 AUD is feasible. Analysts predict strong upside potential due to its widespread use in cross-border payments.
Why is XRP so important for cross-border payments?
XRP powers RippleNet, a network designed to make cross-border transactions faster, cheaper, and more efficient. Unlike traditional systems that take days, RippleNet settles payments in seconds, making XRP essential for the financial sector.
Despite facing legal challenges in the past, is XRP still a good investment?
Yes. The lawsuit by the U.S. Securities and Exchange Commission against Ripple has largely been resolved, and XRP is no longer considered a security in secondary market trading. This clarity has boosted investor confidence and laid the groundwork for institutional adoption.
Where is the best place to buy XRP in Australia?
For traders and investors in Australia, Gate.com offers a reliable and user-friendly platform to buy and trade XRP and hundreds of other cryptocurrencies.