What's Happening?
AI models, including Google Gemini and ChatGPT, have predicted potential price ranges for XRP by the end of 2025, factoring in favorable developments for Ripple and XRP. ChatGPT suggests that if XRP spot ETFs are approved and Ripple secures a U.S. national bank charter, XRP could see a significant price increase, potentially reaching the $10 to $15 range. In a more optimistic scenario, XRP could surpass $20. Google Gemini forecasts that ETF approval alone could elevate XRP to $4.48, with further increases if Ripple secures its bank charter. The likelihood of XRP spot ETFs has been increasing, with Polymarket data indicating a 91% chance of approval by the end of the year.
Why It's Important?
The potential approval of XRP ETFs and the growing adoption of RLUSD are pivotal factors that could influence XRP's price trajectory. Historical trends with Bitcoin and Ethereum ETF approvals saw significant price increases, and similar expectations are placed on XRP. Analysts from JPMorgan predict up to $8 billion in inflows to XRP ETFs within the first year of trading. Ripple's strategic moves, including the application for a U.S. national bank charter and the expansion of RLUSD, underscore its commitment to integrating with the traditional financial ecosystem and enhancing regulatory compliance.
What's Next?
Ripple's application for a U.S. national bank charter is under review, with a decision expected by late October. Ripple is expanding its RLUSD stablecoin to Africa, aiming to facilitate access to a stable, digital dollar for cross-border payments. These initiatives aim to provide Ripple with a competitive edge in the cross-border payments market while addressing concerns around trust and governance.
