What happened?
For the first time since 2017, XRP’s quarterly chart closed green after a roughly 28% three-month gain and a break above a long-term resistance zone. Technical setups like a cup-and-handle and a triple bottom around $2.70 suggest a confirming breakout if $3.60 turns into support. Analysts are now speculating targets from about $7.50 up to $15 if momentum and catalysts align.
Who does this affect?
Retail traders and long-term XRP holders are directly exposed, with many moving coins off exchanges into wallets as accumulation ramps up. Institutional players and ETF issuers stand to benefit from the SEC’s new generic listing standards that smooth the path for spot crypto ETP approvals. Broader crypto projects and services that bridge TradFi—like wallet providers and tokens tied to payments—could see increased interest and adoption.
Why does this matter?
If spot ETF approvals, expected U.S. rate cuts, and deeper TradFi integration materialize, XRP could attract sizable institutional flows that amplify upward price pressure. Those inflows would likely re-rate XRP’s market cap, improve liquidity, and lift related altcoins and crypto infrastructure. Even a partial move toward the projected targets would shift portfolio allocations and speed adoption of custody, ETPs, and payment products tied to XRP.