Asset manager RexShares’ move to become the first to launch the Solana and Ethereum Staking ETFs in the US has hit a roadblock. The US Securities and Exchange Commission (SEC) sent a letter explaining why these funds may not qualify as ETFs. SEC Replies To RexShares On Solana & Ethereum Staking ETFs According to a Bloomberg report, the SEC sent a letter to ETF Opportunities Trust, the entity that issues several ETFs, including the ones Rex Shares manages, stating that the staked Solana and Ethereum funds may fail to meet the legal definition of an investment company, which is a requirement for them to list on the stock market. The Commission said that it was concerned that RexShares improperly filed the registration statements for these funds and that the disclosures in these statements describing them as investment companies may be “potentially misleading.” As CoinGape reported, the asset manager had chosen… Read More at Coingape.com
A new post by Italian crypto expert Fabio Zuccara is turning heads in the XRP community. It explores a bold scenario: what if Ripple goes public and eventually matches the market value of tech giants like Google, Apple, or Microsoft? What would that mean for XRP’s price?
Let’s break it down.
Ripple’s Current Status
At present, XRP is the fourth-largest cryptocurrency, with a market capitalization of $137.36 billion and a 24-hour trading volume of $3.11 billion. XRP has a circulating supply of 58.62 billion coins, and its current price stands at $2.34 — marking a staggering 343.1% increase in the past year.
Meanwhile, Ripple Labs, the company behind XRP’s technology, has an estimated valuation of $10.88 billion.
Grok’s XRP Price Prediction if Ripple Goes Public
As per Grok, the AI chatbot from Elon Musk’s xAI, to simulate how XRP’s price could evolve based on Ripple’s hypothetical IPO and massive future growth.
Here’s what the Grok-powered scenario analysis suggests:
If Ripple’s valuation matches Google ($2.021 trillion), XRP could reach $440.46
If Ripple matches Apple ($3.155 trillion), XRP could hit $687.47
If Ripple equals Microsoft ($3.376 trillion), XRP could soar to $735.58
Note: Although Ripple and XRP are separate entities, the analysis assumes XRP’s value is closely tied to Ripple’s success — a common perspective among many investors.
While the idea of a Ripple IPO is appealing to many investors, Ripple CEO Brad Garlinghouse has previously clarified that there are no plans for an IPO in the near future.
Until Ripple officially announces otherwise, such predictions — while fascinating — remain speculative.
Final Thoughts
While Grok’s AI-based scenario adds an interesting layer to the XRP price discussion, it’s important to remember the difference between possibility and probability. The $735 target is based on ideal conditions that may not unfold.
Still, the post has successfully reignited conversations around Ripple’s future — and what that could mean for XRP holders.
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A new post by Italian crypto expert Fabio Zuccara is turning heads in the XRP community. It explores a bold scenario: what if Ripple goes public and eventually matches the market value of tech giants like Google, Apple, or Microsoft? What would that mean for XRP’s price? Let’s break it down. Ripple’s Current Status At …
Latest news on XRP Ripple: XRP has found itself in the spotlight again. XRP is currently trading above $2, sparking renewed hope among investors. Analysts are buzzing about the possibility of it becoming the next cryptocurrency to get a spot ETF approval in the U.S., right after Bitcoin and Ethereum. However, while the long-term narrative sounds bullish, the short-term mood among traders is more cautious than confident.
What’s Next For XRP Price?
Despite the growing excitement, options data has another story. On Deribit, one of the largest crypto options exchanges, traders seem more interested in buying put options, a type of trade usually used to hedge against or profit from falling prices. In simple terms, more people are betting that XRP could dip further rather than rally soon.
XRP options skew. (Amberdata/Deribit)
This sentiment is backed by what’s known as a “negative options skew.” That means the demand for puts is higher than for calls across several timeframes. It’s a signal that traders are still nervous about XRP’s near-term performance, even with ETF discussions in play.
XRP’s price chart isn’t helping ease the nerves either. The coin recently dropped out of an ascending wedge, a technical pattern that often indicates a weakening uptrend. As a result, some analysts believe that XRP could revisit lows around $1.6, unless something bullish shifts the tide.
XRP ETF News: Stability from Strong Order Book
Not everything looks gloomy. One positive for XRP is its strong order book depth. Unlike tokens such as Solana, XRP can handle large trades without triggering volatile price swings—a level of stability that regulators may favor when evaluating ETF readiness.
This liquidity advantage is one reason XRP remains in ETF discussions. Ripple, the company behind XRP, also continues to promote it as a global payments solution—a real-world use case that many altcoins still lack
While ETF optimism is giving XRP fans something to look forward to, short-term traders seem to be playing it safe. Until the market sees clearer signs of upward momentum or regulatory progress, the price may stay under pressure.
On the other side, crypto analyst EGRAG CRYPTO believesthis week could be a game-changer for XRP’s trend. He points out that XRP’s weekly candle is sitting above the key $2.10 level and the 21-week EMA, a positive sign.
But the real deal, he says, is $2.25. If XRP can close the week with a solid candle above $2.25, it could officially confirm a bullish trend reversal and suggest that the April 7 bottom was the turning point.
EGRAG sees $2.25 as more than just resistance, he calls it the “lock-in” point for the uptrend.
This week’s candle close could decide which direction XRP takes next. For now, XRP is caught between long-term hope and short-term fear.
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The post XRP Ripple News Today: XRP ETF Buzz Builds, but Derivatives Data Suggests Traders Still Fear a Dip appeared first on Coinpedia Fintech News
Latest news on XRP Ripple: XRP has found itself in the spotlight again. XRP is currently trading above $2, sparking renewed hope among investors. Analysts are buzzing about the possibility of it becoming the next cryptocurrency to get a spot ETF approval in the U.S., right after Bitcoin and Ethereum. However, while the long-term narrative …
