Opinion: XRP may soar by 65%, driven by the ETF craze and clearer regulations boosting institutional demand.

XRP has once again become the focus of the crypto market. Industry expert Lawrence Samantha stated that with Wall Street launching several new products linked to XRP, the market capitalization of XRP, which reaches 133 billion dollars, is encountering a structural turning point, with a potential rise of 65%, moving towards its historical high.

Samantha pointed out in an interview with DL News: “XRP clearly has a path for significant pump, and this trend proves that its market structure is undergoing a transformation. As financial institutions accelerate their involvement with XRP, we believe it has the potential to return to historical highs.” He further added that the inflow of funds, improved regulatory clarity, and the launch of multiple spot ETFs all demonstrate “exceptionally strong institutional demand.”

Some investors have also expressed optimistic views, expecting XRP to rise by 21%, reaching $2.75. Currently, XRP is trading at $2.20, which is still 40% lower than the historical high of $3.65 set in July. Nevertheless, XRP's rise this year has still reached 50%, significantly outperforming Bitcoin and Ethereum.

The launch of the ETF has become one of the most important driving forces in recent times. SoSoValue data shows that the spot XRP ETF attracted a total of $644 million in inflows in November, far exceeding the outflows of Bitcoin ETF ($3.5 billion) and Ethereum funds ($1.5 billion) during the same period. This month, Franklin Templeton, Grayscale, and Bitwise have successively launched their own XRP ETFs. Franklin Templeton even described its XRPZ product as a “regulated way to access key digital assets for global financial settlement infrastructure.”

The macroeconomic environment is also heating up the market. Traders generally expect monetary policy to be significantly loosened, as several officials from the Federal Reserve have signaled a rate cut. San Francisco Fed President Mary Daly supports a rate cut at the next meeting, while Fed Governor Stephen Mihal also calls for a “substantial rate cut.” The CME FedWatch tool shows that the probability of a 25 basis point rate cut in December is about 85%, and predictions on Polymarket are even higher at 87%.

The market's attention has turned to the FOMC meeting on December 9 to 10, and whether XRP will once again initiate a new round of pump has become the focus of investors.