Will Ripple (XRP) Price Reach $3? XRP ETF Odds Increase to 84%

Jakarta, Pintu News – The long-running legal case between Ripple and the US Securities and Exchange Commission (SEC) is nearing its end with a $50 million settlement agreement. Focus now turns to the potential launch of an exchange-traded fund (ETF) for Ripple XRP->Current XRP PriceRp 0Market Cap-Trading Volume-Circulating Supply-.

In a recent interview with Bloomberg, Ripple’s CEO, Brad Garlinghouse, emphasized the importance of ETFs to the Ripple (XRP) ecosystem, although it has not confirmed cooperation with BlackRock, the asset management giant.

Ripple and BlackRock collaboration for XRP ETF?

In the interview, Brad Garlinghouse was asked about a potential collaboration with BlackRock to launch a Ripple (XRP) ETF in the United States. Although Garlinghouse did not explicitly confirm the collaboration, his comments have sparked speculation. “We think it makes sense for the overall Ripple (XRP) community,” he said.

This suggests that there is a high likelihood of a partnership being explored, which could have a significant impact on the wider adoption of Ripple (XRP). This announcement comes at a critical time, as ETFs could make it easier for institutional and retail investors to invest in Ripple (XRP) without having to deal with the challenges of owning the crypto asset directly. This could be a big step towards mainstream acceptance and improve liquidity and price stability of Ripple (XRP).

Also Read: Will Ripple (XRP) Surge? Latest Analysis and Predictions for April 2025

Ripple Ends Cross Appeal Against US SEC

Ripple has decided not to proceed with its cross-appeal against the SEC, marking the end of a long-running legal battle. As part of the resolution, Ripple will receive a refund of $75 million. This decision to discontinue the cross-appeal may be a strategy to focus resources on other initiatives, including the potential development of an ETF.

This decision could also be interpreted as a step towards normalizing the relationship between Ripple and US regulators, which could open more doors for future collaboration and innovation. With legal barriers now reduced, Ripple may have more freedom in developing and expanding its network, as well as increasing the adoption of Ripple (XRP) across various sectors.

Ripple (XRP) Price Rise to $3 in the Near Future?

Despite the positive developments, the price of Ripple (XRP) is still showing limited response, with strong rejection at the $2.50 level. However, market analysts remain optimistic, with some even predicting that the price could surge to $15 and higher. These predictions are based on the expectation that the ETF will bring a new wave of investors and positive speculation in the market.

If the Ripple (XRP) ETF does launch, this could be the catalyst that pushes the price of Ripple (XRP) past the current resistance and reach new price levels. Investors and market watchers are now looking forward to further announcements that could provide certainty and drive stronger price trends.

Conclusion

With the legal case over and the potential launch of an ETF, the future of Ripple (XRP) looks bright. Investors and crypto enthusiasts are advised to keep an eye on further developments, as these could be pivotal moments that determine the future direction of the Ripple (XRP) market.

Also Read: Will Cardano (ADA) Surge? Check out the latest prediction in April 2025!

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Coingape. XRP ETF: Ripple and BlackRock Working Together for Filing, 3 XRP Price Soon. Accessed on March 27, 2025
• Featured Image: Bitcoin.pl