Since the U.S. Securities and Exchange Commission (SEC) approved Grayscale’s most recent multi-asset ETF, which includes XRP along with Bitcoin, Ethereum, Solana, and Cardano, Ripple’s XRP has experienced a notable uptick in value. An important development for the digital asset industry is that this ETF is on track to become the biggest multi-token crypto fund in the world.
The development has also sparked renewed optimism that individual spot ETFs for XRP, Solana, and Cardano might be next in line. Since spot ETFs mirror real-time cryptocurrency values, their approval often triggers sharp upward price movements.
Since the ETF was announced, XRP has gained more traction. The token successfully surged past a crucial resistance band between $2.19 and $2.20, prompting traders to monitor whether this range can now serve as a solid support level.
If XRP remains above $2.20, the next significant barrier is situated at $2.25. Some market experts anticipate a potential spike reaching $2.32 to $2.35, a zone where selling pressure could intensify. However, if XRP fails to hold this ground, the price may retreat to around $2.10 or possibly drop as low as $2.05, potentially triggering a trend reversal.
Market analyst Casi Trades noted, “Following its surge to $2.30, XRP was unable to maintain $2.25 as a support level and is currently retesting the upper boundary of its previous consolidation zone between $2.18 and $2.16. This range is critical—if it gives way, the next key support is around $1.90.”
That said, initial indicators suggest weakening selling pressure, hinting that the current dip might be short-lived. A decisive move back above $2.25 could pave the way for a push toward $2.69 and higher, potentially igniting a new rally for XRP investors.
Grayscale’s launch of a multi-crypto ETF has sparked growing speculation among traders that dedicated spot XRP ETFs might be next, potentially increasing institutional involvement and enhancing liquidity for Ripple’s core asset.
The next few sessions will be pivotal in shaping XRP’s direction. Its ability to hold the $2.19–$2.20 support zone could determine the momentum for a broader price movement as the second half of 2025 unfolds.
