XRP Could Hit $22–$50 on Spot XRP ETF Debut, Analyst Says
Crypto analyst Kenny Nguyen forecasts a surge in XRP price to between $22 and $50 when the first wave of spot XRP ETFs launches in the US. With XRP trading at around $3.10, Nguyen’s projection implies a 600–1 500% gain and a market cap of $1.3–3 trillion. Nguyen and other experts cite the appeal of regulated ETF exposure for institutional and retail investors, as well as XRP’s lack of staking costs, as key drivers. Canary Capital CEO Steven McClurg predicts $5 billion of inflows in the first month, potentially lifting XRP market cap to $1.546 trillion (about $26 per token) under a 272x multiplier model. Comparisons to Bitcoin’s ETF debut and Ethereum’s muted spot ETF reaction suggest XRP may follow a unique path. Bloomberg and Polymarket now estimate a high probability of SEC approval by October 2025. If approved, spot XRP ETFs could decisively reshape its market valuation.
Bullish
The prediction of a price surge to $22–$50 on spot XRP ETF debut is bullish for XRP trading. Introducing regulated XRP ETF products typically attracts significant institutional and retail inflows, as seen with Bitcoin ETFs, which boosted BTC to new highs. XRP’s absence of staking rewards eliminates opportunity costs, making ETFs more efficient for asset allocation. Historical ETF launches have led to heightened liquidity and positive price momentum. Short-term, approval news and initial fund inflows could drive rapid rallies. Long-term, sustained ETF adoption may establish a higher price floor and increased market stability. However, ETF performance for Ethereum was slower to translate into record highs, indicating potential variability. Overall, the market’s growing confidence, backed by a high SEC approval probability, supports a bullish outlook for XRP price and trading activity.