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Alejandro Arrieche
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Alejandro Arrieche
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The first spot exchange-traded fund (ETF) linked to XRP will finally hit the US capital markets today, fostering a Bullish XRP price forecast at a point when institutional adoption is rapidly increasing.
Canary Capital will be the first asset management company to get an XRP spot ETF approved by the US 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 attracted $131 million in assets just months after its launch. This reflects Wall Street’s growing appetite for the token.
As happened with the first Solana 100% spot ETF recently launched by Bitwise, the Canary ETF could quickly surpass its predecessor since this vehicle is backed 100% by XRP reserves.
Could this ETF approval mark the beginning of XRP’s next stage?
XRP Price Forecast: Eyes Set on $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 bounced off a key support as the US government shutdown ended, rekindling hopes for a stronger recovery in the crypto market.
If the token breaks above the 200-day EMA, it could accelerate towards $3 – a move that would confirm a breakout from the current parabolic setup.
With institutional adoption on the rise, XRP’s long-term outlook remains strong. A surge to $5 seems achievable in the coming months.
Some ultra-bullish projections still point to a target of $100 eventually, which would imply a market capitalization of $6 trillion. It’s a stretch for now, but the narrative is gaining steam among believers.
Meanwhile, high rise presale as well as Pepenode ($PEPENODE) they attract early investors hoping to capture the fastest growth.
This project reimagines mining by allowing anyone to earn meme coins through virtual rigs – no hardware required.
More than $2 million has already been poured into the presale, and the window to get in early is closing fast.
Pepenode ($PEPENODE) Gamifies mining and makes it fun and hassle-free
Pepenode ($PEPENODE) it allows players to easily mine meme coins, without needing to invest thousands of dollars in hardware.
Pepenode ($PEPENODE) turns crypto mining into a virtual game where players compete to earn real rewards of meme currency.
Using $PEPENODE tokens, gamers can launch powerful virtual servers, deploy as many rigs as they want, and climb the leaderboard by mining more than their rivals.
Top performers will score exclusive airdrops of trend tokens like Bonk ($BONK), along with other premium prizes.
To drive value, the game burns up to 70% of tokens spent on rig upgrades, creating constant deflation as the game scales.
With $2.1 million collected in just weeks, many consider $PEPENODE as one of the most promising contenders in this meme currency cycle.
To buy $ PEPENODE before the next price increase, simply head to the The official site of Pepenode and link a compatible wallet like Best Wallet.
You can complete the transaction by exchanging tokens such as USDT or ETH, or simply using a bank card for immediate access.
