{"2d2b4782872718277b7c3afe3aacc557":" XRP ETF launched with $37.7 million on day one, outpacing all other altcoin ETFs. ","bba2a775ee5e89dff9042c11b835aa7a":" XRP\u2019s price struggles below $3 despite strong ETF debut and institutional interest. ","d752e7ed08eccd9fdbed24a2881d853e":" Analysts predict tens of billions in institutional inflows could drive XRP's price higher in Q4. ","51fba2aaa9386f3b4fad778be54b5632":"The highly anticipated XRP ETF debuted with a strong $37.7 million in trading on its first day, marking the best launch for an ETF in 2025 so far. Meanwhile, the Dogecoin ETF managed $17 million in its debut, contributing to a combined $54 million in the first session for both cryptocurrencies. Despite the promising start, XRP\u2019s price remains below $3, raising questions about the token's market behavior post-launch.","b44bf42599a128b7bcd015137d48e82a":"XRP\u2019s debut in the ETF market came with high expectations, given the excitement surrounding altcoin ETFs. The $37.7 million day-one trading volume exceeded all other altcoin ETF launches this year. Yet, despite this success, XRP has struggled to push past the $3 threshold. The token is currently trading around $2.98, with support at $2.95 and resistance at $3.12. Experts believe that breaking the $3.12 level could lead to a price target of $3.30 or higher.","f5815b4c24047fc1feac3d18e509bf6d":"Institutional Demand Could Drive Future Growth ","85712067a2f85b907e576f99115578bd":"Analysts are optimistic that institutional inflows could provide the momentum needed to break the price barrier. Though early interest has been relatively modest, experts like Zach Rector predict that tens of billions could flow into XRP ETFs by the end of the year. The outlook for XRP could dramatically shift in the fourth quarter, with major firms like Grayscale and WisdomTree having XRP ETF applications pending. The final decision on these applications is expected in October.","92bcc777154570c4cf55ed54b4a88051":" Source: TradingView","341d941b79767cddf49e9e824b85fd9b":"While ETF interest builds, XRP is expanding its footprint in decentralized finance (DeFi). The launch of Enosys\u2019 XRP-backed stablecoin via its loan protocol on Flare highlights the growing utility of XRP beyond just being a speculative asset. This move enables XRP holders to mint stablecoins without selling their tokens, which could provide added utility and strengthen XRP\u2019s position in the DeFi sector.","8684e89a0d8240a5a245092c14e14f0f":"October Approval Could Spark Massive Price Rally ","9b9faae43433fa2b89339a03c8a8e519":"Some industry insiders are eyeing the potential approval of XRP ETFs in October, which could trigger a significant price increase. A scenario similar to Bitcoin\u2019s ETF launch in January 2024 is being speculated. Following the initial dip, BTC saw a strong rebound and a 64% rally within two months. If the same occurs for XRP, experts predict the token could surge well above the $20 mark by the end of the year, driven by institutional investment and growing adoption."}