XRP’s 2017 Rally, CoinMarketCap Data Cuts and ETF Catalyst

Published: 2025-07-08 08:17:54 |

XRP’s price surged from $0.15 to over $3 in late 2017. CoinMarketCap then cut high-volume Asian exchanges from its pricing index, triggering a steep decline and prolonged sideways trading. Allegations of deliberate XRP price suppression persist amid unverified RippleNet banking partnerships. On-chain analytics by Glassnode reveal sustained accumulation and realized profit metrics that suggest market manipulation. Traders now pin hopes on regulatory clarity and a spot XRP ETF as catalysts. Market experts argue that formal ETF approval could unlock the cryptocurrency’s stalled value, potentially sparking a swift rally. Until then, XRP remains range-bound despite growing network adoption.

Bullish

The news highlights on-chain accumulation, historic price suppression allegations, and the looming prospect of regulatory clarity and a spot XRP ETF approval. In the short term, any positive updates on ETF filings or clearer guidelines could trigger a surge in trading volume and price volatility. Over the long term, formal ETF approval and firmer regulations would likely attract institutional capital, lifting XRP out of its stagnant range and driving sustained upward momentum. This combination of catalysts underpins a bullish outlook for XRP.