XRP Shatters $3 Barrier as Bullish Momentum Ignites Market Frenzy
XRP rockets past the psychological $3 threshold—defying skeptics and fueling trader euphoria across crypto exchanges.
Market Optimism Defies Gravity
Investors pile into the token as positive sentiment overshadows regulatory noise. No major catalyst? No problem—when hype outpaces fundamentals, even traditional finance veterans raise eyebrows. Remember when 'irrational exuberance' was just a warning?
Price Action Triggers Domino Effect
Breaking $3 sparks algorithmic buying waves and FOMO-driven rallies. Shorts get squeezed, liquidity floods in, and suddenly everyone's a crypto genius—until the next dip, of course.
Speculation Trumps Substance—For Now
Traders celebrate paper gains while purists question sustainability. Another day in digital asset land: where narrative often outweighs utility, and 'number go up' is the only theology that matters.
XRP ETF remains the biggest catalyst
Still, the earliest of these decisions, ones for CoinShares, 21Shares, Canary Capital, and Grayscale XRP ETFs, is set for October 19. That is, unless the agency delays the decision again, as it has done multiple times in the past. Most recently, the agency has extended the deadline for its decision on Franklin Templeton XRP ETF to November 14.
Still, the odds for an XRP ETF approval are very high, and Polymarket traders currently put the odds of approval at 92% by the end of 2025. If this prediction holds, XRP could be set for some of the biggest gains among top crypto assets in the coming months.