The first spot exchange-traded fund (ETF) linked to XRP will finally hit the U.S. capital markets today, favoring a bullish XRP price prediction at a point when institutional adoption is rapidly rising.
Canary Capital will be the first asset management firm to get an XRP spot ETF approved by the U.S. Securities and Exchange Commission (SEC). The fund will trade under the ticker symbol XRPC.
A hybrid XRP ETF managed by REX-Osprey that partially invests in futures has attracted $131 million in assets just a few months after its launch. This reflects Wall Street’s growing appetite for the token.
Just as it happened with the first Solana 100% spot ETF launched by Bitwise recently, Canary’s ETF could rapidly surpass its predecessor as this vehicle is 100% backed by XRP reserves.
Could this ETF approval mark the beginning of XRP’s next leg up?
XRP Price Prediction: Eyes Set at $5 as Institutions Embrace XRP
XRP found support at $2.10 recently, following the hawkish comments made by the head of the Federal Reserve a few weeks ago.
XRP has bounced off a key support just as the U.S. government shutdown ends, reigniting hopes for a stronger recovery across the crypto market.
If the token breaks above the 200-day EMA, it could accelerate toward $3 — a move that would confirm a breakout from the current parabolic setup.
With institutional adoption rising, XRP’s long-term outlook remains strong. A surge to $5 looks achievable in the months ahead.
Some ultra-bullish projections still point to a $100 target eventually, which would imply a $6 trillion market cap. That’s a stretch for now, but the narrative is gaining steam among believers.
Meanwhile, high-upside presales like Pepenode ($PEPENODE) are attracting early investors hoping to capture growth faster.
This project reimagines mining by letting anyone earn meme coins through virtual rigs — no hardware required.
Over $2 million has already poured into the presale, and the window to get in early is closing fast.
Pepenode ($PEPENODE) Gamifies Mining and Makes It Fun and Hassle-Free
Pepenode ($PEPENODE) enables players to mine meme coins easily, without the need to invest thousands of dollars in hardware.
Pepenode ($PEPENODE) transforms crypto mining into a virtual game where players compete to earn real meme coin rewards.
Using $PEPENODE tokens, gamers can launch powerful virtual servers, deploy as many rigs as they like, and climb the leaderboard by mining more than their rivals.
Top performers will score exclusive airdrops of trending tokens like Bonk ($BONK), along with other premium prizes.
To drive value, the game burns up to 70% of the tokens spent on rig upgrades, creating constant deflation as gameplay scales.
With $2.1 million raised in just weeks, many consider $PEPENODE as one of the most promising contenders in this meme coin cycle.
To buy $PEPENODE before the next price increase, simply head to the official Pepenode website and link up a compatible wallet like Best Wallet.
You can complete the transaction by swapping tokens like USDT or ETH, or simply using a bank card for instant access.
The post XRP Price Prediction: First U.S. Spot ETF Goes Live Today – Breakout to $100 Starting? appeared first on Cryptonews.
