Analyzing the potential impact of Ripple ETF approval on XRP price, comparing it to Bitcoin's ETF experience and considering market predictions.

XRP Price and Ripple ETFs: Will Approval Spark a Rally?

With speculation swirling around a potential Ripple ETF, many are wondering how approval could affect the price of XRP. Will it follow Bitcoin's path after its ETF approval? Let's dive into the possibilities.

The Odds of a Ripple ETF

Prediction markets suggest high odds for a Ripple ETF. Earlier in June, Polymarket showed traders gave over 90% probability that a Ripple ETF would go live in 2025, that figure has cooled slightly to around 77%, the market is still expecting something big.

Bitcoin's ETF Rally: A Potential Blueprint?

The approval of spot Bitcoin ETFs in early 2024 triggered a significant rally, with BTC jumping from $40,000 to over $100,000 in less than a year. This 150% gain was fueled by institutional inflows and renewed media attention. Can XRP replicate this success?

XRP Price Predictions: What to Expect?

If a Ripple ETF gains approval, it could act as a major catalyst, unlocking access for hedge funds, wealth managers, and banks to accumulate XRP. This institutional access could drive XRP out of its $2–$3 range and into price discovery mode. Some analysts believe ETF approval would act like a stamp of legitimacy, making XRP a viable option for portfolios that have so far only considered Bitcoin or Ethereum.

Solana's ETF Hype: A Rising Competitor?

While XRP hopes for ETF approval, Solana (SOL) is also gaining traction. Reports suggest Solana might be outshining XRP in the race for a spot ETF, with XRP's approval odds dropping to 75%. The rise in SOL price follows optimism surrounding the approval of a Solana exchange-traded fund (ETF). A tweet by Anthony Scaramucci, founder of SkyBridge Capital hinted that the approval could be coming soon.

Final Thoughts: The Future of XRP

While nothing is guaranteed in the crypto world, the end of the lawsuit removed a giant weight from XRP’s shoulders. And if the SEC gives the green light for a Ripple ETF, it could be the final spark needed to ignite XRP’s next major rally. It’s not just about what XRP does next. It’s about who’s allowed to buy it – and an ETF would open the gates to an entirely new class of buyers.