XRP's price might change if Exchange-Traded Funds (ETFs) get validated in the spot market.
In the dynamic world of cryptocurrurrencies, the year 2024 saw a significant milestone with the approval of ETF trading on Ethereum, attracting around $7.5 billion in a year. This approval has set the stage for other cryptocurrencies to follow suit, and one of them is XRP.
Currently trading around $3, XRP boasts a market capitalisation close to $180 billion. The Securities and Exchange Commission (SEC) v. Ripple case closure, expected in summer 2025, could potentially lift a psychological barrier for institutional investors, further fuelling XRP's growth.
The release date for the XRP-based spot ETFs, sought by multiple providers, is expected by November 14, 2025. Regulatory approvals and clarity are anticipated around October–November 2025. If validated, an XRP ETF could boost attention, volumes, and demand, potentially scaling up the demand for XRP.
One such platform that could benefit from an XRP ETF is Snorter Token (SNORT). Capitalising on the sensitivity of the 2025 stock market towards speed, Snorter Token offers Telegram integration, trade copying, swap execution directly in the chat, and a news pre-sniping bot for memecoins. If an XRP ETF is validated, this could boost attention and volumes for Snorter Token.
However, the potential effect of Snorter Token may remain pyrotechnic without a sustainable development strategy. Risk management will play a crucial role in the success of both Snorter Token and the new crypto ICO, Maxi Doge (MAXI). Maxi Doge, with a current ticket price of $0.0002575, is aiming for a bold marketing strategy to embrace the cultural code of degens and saturate the audience.
In an ambitious trajectory, if 10 to 15 billion in cumulative inflows are achieved, XRP could reach $6 to $7, surpassing 400 billion in market capitalization and challenging Ethereum for attention shares. If applied to XRP, an order of magnitude of $5 to $8 billion in inflows could push the price beyond $4. However, if net inflows do not exceed 2 to 3 billion dollars in the first two months, the price effect could remain contained.
In conclusion, the approval of XRP-backed ETFs could potentially revolutionise the cryptocurrency market, with significant implications for XRP's price and the success of platforms like Snorter Token and Maxi Doge. As always, risk management and a sustainable development strategy will be key to navigating this exciting new landscape.
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