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ProShares just got the green light from the SEC to roll out three XRP-focused ETFs. This follows the earlier launch of Teucrium’s 2x XRP ETF, which hit over $5 million in day-one volume. Plus, the CME Group is set to begin offering XRP futures.
As these new ETFs get approved and big money starts to flow in, analysts say XRP could push toward the $10 mark. With momentum building rapidly, the next leg up might be massive.
But while XRP is heating up, another project is quietly building serious momentum. Remittix is making strides to fix cross-border crypto payments and some early investors think it could explode, as in, 5000% gains kind of explode. Let’s explore why it’s definitely one to keep an eye on.
XRP ETFs Approved: Can This Push the XRP Price Past $10?
XRP is back in the spotlight as ProShares just got the green light from the SEC to roll out three XRP-focused ETFs. This includes a 2x leveraged version and two short positions.
This follows the earlier launch of Teucrium’s 2x XRP ETF, which hit over $5 million in day-one volume. Clearly, investors are keeping an eye on this one.
And if that wasn’t enough, the CME Group will also be launching XRP futures later this year. This is a huge deal, as it means that XRP will be available to trade on a major futures exchange for the first time ever.
This decision comes after the SEC’s approval of several other crypto-related products, such as the ProShares Bitcoin Strategy ETF and the Invesco Physical Bitcoin ETF.
With this new wave of ETF interest and big money starting to flow in, analysts say XRP could push toward the $10 mark. As momentum builds rapidly, the next leg up might be massive.
XRP’s Bullish Setup: Analysts See Another Rally Brewing
XRP has been quietly building momentum again. Over the last 30 days, XRP price has gone up 6%, and some traders think this could just be the start. It’s not a massive jump, but it’s usually a good sign before a bigger breakout.
Right now, XRP’s market cap is sitting at around $133.75 billion, showing that there’s a ton of money moving in and out. With all the recent action, ETFs getting approved, futures being added and Ripple’s lawsuit finally behind it, it’s no wonder the market’s heating up.
Many analysts believe this strong setup could carry XRP much higher. If the current momentum holds, a run toward $10 by the end of 2025 doesn’t seem that far-fetched. Especially with all the institutional money and trader interest coming in, this might just be XRP’s next big move.
Remittix Presale: Could This XRP Rival Really 50x?
Remittix is a new cryptocurrency project that’s heating up during its presale. It works like a crypto version of PayPal, but significantly cheaper and faster. While XRP helped start the whole PayFi idea, it continues to be drawn into legal issues repeatedly. Remittix offers the same fast payments, but importantly, skips the SEC mess.
The crucial difference is its crypto-to-fiat payments. Most apps can do either crypto or fiat, but not both. With Remittix, users can send crypto and the receiver gets fiat, like USD, EUR, or GBP, directly into their bank. No extra fees, no middlemen.
The project’s native RTX token powers everything. You can stake it for 4-8% yearly rewards, and you’ll need it to use all of Remittix’s features. Since the project is still in presale, experts are predicting it could do a serious 50x or more once it goes live. If that happens, early buyers stand to make life-changing gains.
The minimum contribution for the RTX token presale is 100 USDT, which is about $90 in fiat currency. At the current presale price of $0.0001, this amount will get you 1,000,000 RTX tokens.
Considering that the token is expected to increase in price after the presale, reaching $0.005, those who invest in the presale and hold onto their tokens could potentially see massive gains.
The project's website and social media channels provide further details about the Remittix presale and its features.
Conclusion
ProShares just got the green light from the SEC to roll out three XRP-focused ETFs. This follows the earlier launch of Teucrium’s 2x XRP ETF, which hit over $5 million in day-one volume. Plus, the CME Group is set to begin offering XRP
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