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XRP price prediction as world’s first spot ETF goes live

Summary ⚈ Brazil launched the world’s first spot XRP ETF (XRPH11), potentially boosting XRP’s global profile. ⚈ AI models predict XRP could reach between $4 and $8 by the end of 2025, depending on market conditions. ⚈ Technical analysis shows XRP holding key support levels, suggesting a bullish continuation if it breaks out. Following the launch of the first spot XRP exchange-traded fund ( ETF ), two artificial intelligence ( AI ) models are predicting the asset could surpass $5 by the end of 2025. Brazil introduced the world’s first spot XRP product, XRPH11, which began trading on April 25 on B3, the country’s main stock exchange. Created by Hashdex and administered by Genial Investimentos, Genial Bank provides XRPH11’s custody services. After an extensive pre-operational phase, Hashdex secured approval from Brazil’s Securities and Exchange Commission (CVM) earlier this year. The launch of XRPH11 is expected to impact XRP’s price trajectory in 2025, generally. Historically, spot ETFs have provided strong long-term support for cryptocurrencies by expanding access to institutional investors. Although Brazil’s financial market is smaller than those in the U.S. or Europe, being first to market could attract significant international attention to XRP. To determine how the product might impact the price of XRP, Finbold turned to ChatGPT and xAI’s Grok AI model for price prediction. AI predicts XRP price ChatGPT projects that XRP could reach $3.50 to $4.50 by the end of 2025 under normal bullish conditions. In a stronger scenario, with more countries launching XRP ETFs and rising global crypto demand, the asset could hit $6 to $8. However, the AI model noted that if macroeconomic conditions worsen or new regulatory hurdles arise, the price could fall back to a range between $1.5 and $2. ChatGPT views $4 as a realistic target, nearly 80% above current levels. On the other hand, Grok AI offered a similar outlook with more detailed probabilities. In its bullish scenario, XRP could reach $8, driven by strong inflows into XRPH11, U.S. ETF approvals, Ripple’s expanding partnerships, and Bitcoin surpassing $120,000. Grok’s base case sees XRP at $4.50, assuming moderate success in Brazil, U.S. ETF approvals by late 2025, and Bitcoin reaching $100,000. In its bearish scenario, XRP could dip to $2.00 if the ETF launch underperforms and macroeconomic pressures persist, although Brazil’s ETF launch and Ripple’s legal wins could offer some price support. Grok XRP price prediction. Source: Grok From a technical perspective, cryptocurrency trading analyst Alek’s analysis shows that XRP is currently trading between a major support zone of $1.95 to $2.08. It shows resilience as it moves within a descending channel pattern, often recognized as a bull flag. This pattern typically signals a potential continuation of the broader bullish trend. XRP price analysis chart. Source: TradingView According to the analyst, a decisive breakout from the current structure could dictate XRP’s next major move. A breakout above the channel would likely confirm bullish momentum, while a failure to hold support could lead to further downside. XRP price analysis At press time, XRP was trading at $2.19, down 0.14% over the last 24 hours. On the weekly chart, the asset is up 5%. XRP seven-day price chart. Source: Finbold At its current price, XRP is slightly below its 50-day simple moving average ( SMA ) of $2.22, indicating minor short-term weakness, but it remains well above the 200-day SMA of $1.916, confirming that its long-term bullish trend remains intact. Featured image via Shutterstock The post XRP price prediction as world’s first spot ETF goes live appeared first on Finbold . The Daily Hodl

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Payments Giant Stripe Announces Plans To Start Testing Its Own Stablecoin

The payments giant Stripe is developing its own stablecoin and plans to start testing the asset soon. Jennifer Lee, a product manager for Stripe Crypto, announced the news on Friday, asking companies outside the US to reach out if they were “interested in dollar access.” Lee says the asset will be powered by Bridge, a stablecoin startup Stripe acquired in February. Patrick Collison, Stripe’s chief executive, says his firm has “wanted to build this product for around a decade.” Earlier this year, he and his brother John Collison, the Stripe co-founders, wrote in the firm’s annual letter that stablecoins represent the future of money. “Improvements to the basic usability of money make economies more prosperous. Consider the transitions from coins to banknotes, from the gold standard to fiat currency, and from paper instruments to electronic payments. Stablecoins are a new branch of the money tree. Such transitions occur with some regularity over the centuries, and the effects tend to be large.” Stripe reemerged in the crypto sector last October when it rolled out support for USDC settlements on the Ethereum ( ETH ), Solana ( SOL ), and Polygon ( POL ) blockchains. The payments giant previously enabled payments made using Bitcoin ( BTC ) until 2018, when the firm discontinued its support, citing BTC’s lack of utility as a payments rail. The stablecoin development materializes as Stripe continues to grow, with the firm’s total payment volume surging to $1.4 trillion in 2024, a 38% increase year-on-year. That total represents 1.3% of the world’s total gross domestic product (GDP), per a press release from the company. Follow us on X , Facebook and Telegram Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: DALLE3 The post Payments Giant Stripe Announces Plans To Start Testing Its Own Stablecoin appeared first on The Daily Hodl . The Daily Hodl