BlackRock’s XRP ETF Talks and Whale Activity Fuel $3 Price Target Speculation
In a significant development for the cryptocurrency market, BlackRock has confirmed discussions with the SEC’s crypto task force regarding a potential XRP ETF. This move signals growing institutional interest in XRP, further validated by a notable $6 million whale transaction betting on its upward trajectory. With XRP currently trading at $2.5833, analysts are speculating a $3 price target amid these bullish developments.
BlackRock Confirms XRP ETF Talks Amid Whale Activity and $3 Price Target Speculation
BlackRock has formally initiated discussions with the SEC’s crypto task force regarding a potential XRP ETF, marking a significant step toward institutional adoption. The asset manager’s engagement with regulators follows a pattern of growing mainstream acceptance of cryptocurrency investment vehicles.
A notable whale transaction has amplified market interest, with a $6 million bet placed on XRP’s upward trajectory. Analysts suggest ETF approval could catalyze a rally toward $3, though regulatory hurdles remain. The SEC’s evolving stance on crypto ETFs continues to shape market sentiment across the digital asset landscape.
XRP Price Surge To $10: Analyst Reveals Factors That Will Make It Happen In 2025
XRP, the third-largest cryptocurrency, is poised for a significant price surge, with analysts predicting it could reach $10 or more by 2025. This bullish outlook follows the token’s strong performance early in the current bull cycle, a departure from its historical trend of rallying late in the market.
Crypto analyst Edo Farina highlights several key drivers behind this potential growth. Increased global adoption and strong demand are expected to propel XRP’s value upward, building on its recent momentum as one of the top-performing altcoins.
Ripple (XRP) Tests Key Resistance Amid Sustained Rally
XRP continues its upward trajectory with a 3.5% daily gain, challenging the $2.6 resistance level. The asset briefly touched $2.5 over the weekend before a minor retracement, signaling persistent bullish momentum.
Technical indicators show higher highs and higher lows, though trading volume remains subdued compared to previous rallies. A decisive break above $2.6 could trigger renewed buying pressure, potentially propelling XRP toward $3. Support currently holds firm at $2.3.
The daily RSI’s recent peak suggests strengthening upward momentum, though the market awaits confirmation from volume expansion. Traders are watching for institutional flows that could validate this technical breakout.
XRP Eyes $15 Target After Breaking Multi-Year Technical Pattern
XRP has decisively broken out of a symmetrical triangle formation that confined its price action for nearly six years, according to technical analysis shared by market observer @ali_charts. The May 11, 2025 chart reveals a textbook resolution of the pattern that began forming in mid-2018, typically signaling the start of a new trend phase.
Trading volume patterns accompanying the breakout show net outflows from exchanges, suggesting accumulation by long-term holders. Despite recent volatility and profit-taking activity, XRP maintains its position as a top-4 cryptocurrency by market capitalization.
The measured move target from the triangle’s width projects a potential rally toward $15—a level that WOULD represent a 20-fold increase from current prices. Such technical developments often precede periods of heightened institutional interest in digital assets.
SBI Holds Ripple Stake Off Balance Sheet, Anticipating IPO Valuation Surge
SBI Holdings revealed in its fiscal-year 2024 results that its stake in Ripple Labs remains off-balance-sheet, deferring recognition of what management calls "an enormous amount of unrealized profit." The Japanese conglomerate will only account for the holding when Ripple goes public or undergoes third-party valuation.
The disclosure came alongside robust financial results, with consolidated revenue climbing 19.3% to ¥1.443 trillion ($9.39 billion) and pretax profit nearly doubling to ¥282.3 billion ($1.83 billion). Strong performance in private-equity revaluations and crypto operations drove the gains.
Ripple’s valuation remains a sleeping giant in SBI’s portfolio. The firm’s accounting treatment suggests confidence in significant upside potential from either an IPO or strategic appraisal event.
XRP Chart Hits Critical Level That ‘Opens The Sky,’ Analyst Warns
Market strategist Dom (@traderview2) identifies a pivotal technical threshold for XRP’s next major move. The Binance XRP/USDT pair recently tested but failed to breach the volume-weighted average price anchored to its 2018 all-time high, settling at $2.3644 after a brief spike to $2.4082.
This dynamically descending VWAP has acted as a firm resistance level since late January, triggering four immediate rejections. The latest rejection followed a predictable pattern, with the price forming a clear upper wick just beneath the critical level.
Technical memory appears strong in this market, with the $2.48-$2.50 zone serving as a clear demarcation between consolidation and potential breakout territory. Traders now watch whether XRP can muster the momentum to overcome this historically significant barrier.
