XRP's Explosive Rally: $3.47 Key as ETF Giants Towards $5

by Crypto Hobby

Updated July 23, 2025

XRP currency symbol with digital growth — XRP logo in front of buildings

XRP is experiencing a significant price surge, currently trading around $3.48, driven by strong momentum from potential XRP Exchange Traded Fund (ETF) approvals and new crypto legislation. The launch of the ProShares XRP ETF has positioned XRP for a potential breakout towards the $5 target, with technical indicators supporting continued upward movement. This rally is further bolstered by increasing institutional interest and a substantial jump in market capitalization.

XRP's Ascent: ETF Momentum and Regulatory Clarity Fueling a $5 Target

XRP's price is currently experiencing an explosive surge, trading at approximately $3.48. This upward trajectory is largely attributed to the growing momentum surrounding XRP ETF approvals and recent developments in crypto legislation, particularly the Trump crypto law initiatives. The introduction of the ProShares XRP ETF has been a pivotal factor, setting the stage for XRP to potentially reach the coveted $5 mark.

Key Drivers of the XRP Rally

ProShares XRP ETF Approval: The approval of the Ultra XRP ETF (UXPR) as the first U.S.-regulated XRP futures product has fundamentally altered XRP's price dynamics. This approval triggered a 15% spike in open interest, reaching $9.25 billion.
Trump Crypto Law (Genius Act): The Genius Act, a Trump crypto law initiative, provides clear stablecoin regulations, contributing to bullish scenarios for XRP's price prediction in 2025.
Institutional Participation: Open interest in XRP derivatives has surpassed $10 billion, reflecting significant institutional involvement driven by ETF approval expectations.
Market Cap and Volume Surge: XRP's market capitalization jumped 15% to $186.25 billion, with 24-hour trading volume surging 60% to $12.7 billion.

Technical Analysis Supports Continued Upside

Technical indicators for XRP are strongly supporting a continued rally towards the $5 target. The cryptocurrency is trading firmly above key moving averages:

20-day Moving Average: $2.49
50-day Moving Average: $2.34
100-day Moving Average: $2.29

The Relative Strength Index (RSI) reading of 76.45 indicates overbought conditions, yet sustained momentum suggests further upside. Technical support at $2.95 remains crucial for maintaining this upward trajectory.

Future Outlook and Institutional Demand

Current XRP price prediction models for 2025 suggest potential gains of 5%–8%, possibly reaching $3.30–$3.40 within 3–5 days. The odds of ProShares XRP ETF approval on Polymarket have reached 93%. Nine asset managers, including Franklin Templeton, have submitted applications, reinforcing the demand for a ProShares XRP ETF. Forecasts indicate a potential for XRP to reach $4.80 if current institutional flows continue to support its path to the $5 target.