A surge in XRP to its highest level in seven years was observed amid the SEC’s recent filing seeking to appeal a court decision in its partially unsuccessful lawsuit against Ripple Labs.
As part of an experiment, Cointelegraph solicited predictions from two distinct AI models, OpenAI’s ChatGPT and xAI’s Grok, regarding the potential impact of a spot ETF approval on XRP’s price.
XRP’s price reached a new all-time high of $3.38 on January 16, 2025, outperforming many other cryptocurrencies in recent days.This impressive surge has sparked curiosity among market participants about the potential for further price increases in 2025, especially if a spot XRP exchange-traded fund (ETF) receives approval. As of January 17, 2025, XRP is trading at approximately $3.30, reflecting ongoing optimism in the market. The anticipation surrounding regulatory developments and their impact on XRP’s value continues to drive discussions regarding its future price trajectory. Investors are keenly watching these developments, as they could significantly influence XRP’s performance throughout the year.
XRP Price Could Surge with Spot ETF Approval
With XRP trading above $3, ChatGPT suggests that the approval of a spot ETF could lead to a “moderate” impact on its price, targeting ranges of $5 to $10. This scenario assumes that ETF approval would attract moderate capital inflows from both retail and institutional investors, while the overall sentiment in the cryptocurrency market remains neutral to positive, and regulatory conditions are clear.In a highly optimistic scenario, a surge driven by hype could propel XRP’s price into the $50 to $100 range. Such a dramatic increase would depend on several factors, including significant institutional investments, widespread market adoption, and speculative buying spurred by the ETF, reminiscent of Bitcoin’s behavior during peak bull market phases. The interplay of these elements could significantly influence XRP’s trajectory in the coming months.
As of January 17, 2025, XRP’s price predictions for the year vary significantly among analysts, reflecting a range of market sentiments and external factors. Many forecasts suggest that XRP could see substantial growth, with estimates ranging from $0.92 to as high as $5, depending on market conditions and regulatory outcomes.
Digital Coin Price predicts that XRP could reach an average price of approximately $3.08, while other sources like GOV Capital are even more optimistic, suggesting a potential high of $4.78. In contrast, some analysts maintain a more conservative outlook, with Wallet Investor estimating a drop to around $1.35 by year-end.
A critical factor influencing these predictions is Ripple’s ongoing legal battle with the SEC. A favorable outcome could significantly boost investor confidence and drive demand for XRP. Additionally, broader market trends, strategic partnerships, and overall sentiment in the cryptocurrency space will play vital roles in determining XRP’s price trajectory throughout 2025.
