XRP Surges 7%—$2.5 in Sight as ProShares ETF Hype Ignites Rally

XRP bulls are back in charge as the token rockets 7% overnight—fueled by speculation around ProShares’ upcoming crypto ETF launch. Traders now eye the $2.5 resistance level, a price last seen during the 2021 mania.

Market pulse: The rally defies broader crypto stagnation, proving once again that ETF rumors move markets faster than actual fundamentals. Liquidity hunters pile in, betting regulatory clarity will follow the ETF’s debut—because Wall Street’s stamp of approval solves everything, right?

Key driver: ProShares’ filing joins a wave of institutional crypto products, but XRP’s unique position (post-SEC lawsuit limbo) makes this a high-stakes gamble. Can it hold momentum post-launch? History says ’maybe’—but today’s traders only care about the next 24 hours.

With now its two days for ProShares’ XRP ETF launch, the XRP community is excited to witness another significant milestone after the recent approval of Teucrium’s XRP ETFs, the first ever exchange traded product for the asset. 

BREAKING 💥 💥

The future ETF approval is dominating the market 💥, and $XRP whales are trading insanely! In just 1 minute, $30 million worth of XRP was traded—

now that’s insane! 🤯🤯 pic.twitter.com/xz1G1VXnwV

How could this impact XRP Price?

The launch of ProShare’ XRP ETFs are expected to attract a number of institutional and retail investors who would drive high demand and liquidity for XRP. This heightened interest – combined with Ripple’s favorable SEC lawsuit resolution and XRP’s 340% surge in 2025 – could propel XRP price above $2.5 as it seems the nearest psychological level at the time.  

Despite the optimism, risks such as market volatility or profit-taking post-launch could temper gains as futures ETFs do not directly hold XRP. This could potentially limit the immediate impact on the spot prices. 

However, the growing acceptance of XRP as an investable asset positions it for sustained upward momentum amid the recent market uptrend. 

Also read: Suspicious BTC Hack Leads to XMR price Spike of Over 50%