XRP’s Bullish Surge: ProShares Leveraged ETF Fuels Rally Toward $3.77 Target
XRP has experienced a significant 11% surge within 24 hours, breaking through the $3 barrier following the announcement of ProShares' Ultra XRP ETF (UXRP). This leveraged ETF, which began trading on July 19, 2025, provides 2x daily exposure to XRP through derivatives, marking a pivotal moment for the cryptocurrency. Year-to-date, XRP has gained an impressive 57.2%, now sitting just 15% below its all-time high of $3.84. The approval of this ETF comes after years of regulatory challenges, further solidifying XRP's position in the market. Analysts are now eyeing a price target of $3.77, driven by increased institutional interest and bullish sentiment. This development underscores the growing acceptance of XRP and its potential for further gains in the evolving cryptocurrency landscape.
XRP Surges 11% as ProShares Launches Leveraged ETF, Eyes $3.77 Price Target
XRP rallied 11% in 24 hours, breaching the $3 barrier after ProShares announced the launch of its Ultra XRP ETF (UXRP). The fund, which begins trading today, offers 2x daily Leveraged exposure to Ripple's native token through derivatives.
This marks a pivotal moment for XRP, which has gained 57.2% year-to-date and now sits just 15% below its all-time high of $3.84. The approval comes after years of regulatory challenges, including the SEC's high-profile lawsuit.
Market momentum suggests the token could test $3.77 in the NEAR term. "ETF approval changes the game for institutional participation," observed one trader, noting the fund's potential to amplify both gains and volatility.
XRP Price Rally Continues as Traders Eye New All-Time High
Ripple's XRP maintains bullish momentum, with market participants closely monitoring its potential to surpass previous price records. The asset's sustained upward trajectory has sparked renewed interest among traders and long-term holders alike.
Market analysts note growing trading volume and positive sentiment across major exchanges, though some caution about potential volatility amid the rapid ascent. The current rally reflects broader cryptocurrency market trends while showcasing XRP's unique position in the payments-focused segment of digital assets.
XRP Set To Smash All-Time High As Catalysts Align, Analyst Says
Crypto strategist Pentoshi highlights XRP's resilience amid market downturns, noting its clean trading structure and imminent price discovery. The asset surged 27% weekly to $3.08, with daily volumes exceeding $8.5 billion and momentum indicators signaling buy conditions.
Regulatory tailwinds bolster the bullish case. The GENIUS Act cleared the Senate in June, with House approval imminent after President Trump's intervention. House Majority Leader Scalise confirmed the bill's inclusion in broader legislative efforts alongside the CLARITY and Anti-CBDC acts.
Ripple's dollar-backed initiatives add fundamental support. The convergence of technical strength and regulatory progress creates a potent setup for XRP's breakout beyond its 2021 cycle high.
California Taps Ripple and Coinbase for Government Tech Overhaul
California is embracing blockchain innovation to modernize its bureaucratic systems. Governor Gavin Newsom unveiled the California Breakthrough Project at Ripple's headquarters, with participation from crypto leaders including Coinbase. The initiative aims to transform state operations into a model of 21st-century efficiency.
The collaboration signals growing institutional acceptance of cryptocurrency infrastructure. Ripple's involvement highlights the potential for enterprise blockchain solutions in government, while Coinbase's participation underscores the role of regulated exchanges in mainstream adoption.
XRP's Bullish Trajectory Nears Key Resistance Level
XRP's march toward a potential all-time high is gaining momentum, with technical indicators suggesting a decisive breakout may be imminent. The cryptocurrency has demonstrated resilience by holding critical Fibonacci retracement levels at $2.85, a 0.236 pullback that analysts interpret as healthy consolidation before the next upward leg.
CasiTrades highlights the significance of XRP maintaining support above .118 and .236 Fibonacci levels—a textbook characteristic of strong bullish continuation patterns. The asset now faces its ultimate test at the $3.04 resistance level, where a successful breach could trigger accelerated buying pressure. "Flipping this into support is the final major hurdle," observes the analyst, noting that the shallow retracements indicate sustained accumulation by institutional players.
XRP Price Surges as Ripple Partners with Ctrl Alt for Dubai Real Estate Tokenization
XRP is accelerating toward its all-time high of $3.40, trading at $3.24 amid bullish technical indicators. The rally follows a recovery from a key support level at $2.80, with momentum building for a potential breakout into price discovery.
Ripple has secured a strategic partnership with Ctrl Alt to support the Dubai Land Department's pioneering real estate tokenization initiative. The XRP Ledger will provide the blockchain infrastructure for digitizing property title deeds, reinforcing its adoption in key global markets.
The XRPL EVM Sidechain demonstrates growing developer activity, with 1,300 smart contracts deployed and 160 tokens launched. This institutional traction coincides with XRP's strongest price performance since 2021.
