- Selling pressure on XRP has increased amid market volatility but recent regulatory progress may reduce this pressure.
- The launch of the first U.S. spot XRP ETF by Canary Capital enables regulated institutional investment access.
- New developments in inter-bank settlements on the XRP Ledger and enterprise adoption highlight growing use cases.
- Industry experts project positive long-term price potential tied to increasing institutional flows.
- Investors are advised to consider fundamental changes rather than short-term price movements when deciding to sell or hold XRP.
The U.S. government’s reopening has accelerated financial regulatory decisions, notably the November 13 launch of the first U.S. spot XRP ETF (XRPC) by Canary Capital. This ETF attracted over $59 million in first-day trading volume, providing new regulated investment channels for institutions previously unable to access XRP. These changes may ease the current selling pressure driven by market volatility.
Steven McClurg, CEO of Canary Capital, stated, “XRP is one of the most established and widely used digital assets in the world, accessibility to XRP through an ETF will enable the next wave of adoption and growth in a critical blockchain system.” The XRP Ledger supports high-speed payments with low costs and enterprise capabilities, including regulated fiat-stablecoins and real-time payment functions, enhancing its appeal for institutional adoption.
A pilot program involving Mastercard, WebBank, and Gemini Trust Company uses RLUSD on the XRP Ledger for inter-bank settlement. This operational use case, paired with ETFs enabling pension funds and asset managers to invest through regulated products, alters XRP’s price outlook. According to Geoffrey Kendrick, global head of digital assets research at Standard Chartered, “XRP is uniquely positioned at the heart of one of the fastest-growing uses for digital assets — facilitation of cross-border and cross-currency payments.” His Price Prediction for XRP stands at $12.50 by 2028.
Despite a recent price drop of about 20% from recent highs, selling pressure reflects short-term anxiety rather than a decline in fundamentals. McClurg also remarked, “Given XRP’s current ecosystem and its role in global payments, I don’t think $10 is unrealistic at all. That is something achievable in the next three to four years.” Investors should factor in ETF launches, enterprise partnerships, and regulatory progress when deciding whether to hold or sell. These elements signal structural market changes that could reverse the current selling trend.
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