• Ripple’s XRP could gain institutional exposure as BlackRock is preparing to file for a spot XRP ETF.
• Analysts forecast its potential surge toward the $10 target amid renewed bullish sentiment.
• Investors are seeing signs of market recovery, as fluctuations become smaller with steadier growth.

XRP is regaining attention as investors speculate on its long-term potential and renewed market strength. Over the last 24 hours, its price is slightly down by 1.12%, but looking at the last week, the token has gained 5%.

At the time of writing, XRP is trading at $2.64, with a 24-hour trading volume of $4.94 billion, up 2.91% from the previous day. Its market capitalization stands at approximately $158.64 billion, reflecting renewed investor interest and growing market activity.

Source: CoinMarketCap

Is BlackRock About to Launch a Spot XRP ETF?

A prominent crypto analyst, @BaronDominus, highlighted that global asset management giant BlackRock is preparing to file for a spot XRP ETF, marking a potential leap toward wider institutional adoption of Ripple’s native token. The move follows growing regulatory clarity in the U.S. and Ripple’s partial legal win against the SEC. If confirmed, it could give traditional investors regulated access to the token.

Though no official filing has been made, speculation about BlackRock’s plans has already boosted optimism and volatility in the market. Analysts say such a product could enhance liquidity, reduce volatility, and strengthen XRP’s legitimacy in mainstream finance. Until confirmed, the crypto world watches closely for what could be its next major milestone.

Also Read: XRP Ignites Bullish Surge, Eyeing Explosive Rise Toward $9.90 Breakout

Ripple’s XRP Eyes $10 as Market Gears Up for Next Run

Moreover, the crypto analyst, Crypto Patel, noted that XRP is once again making headlines as traders speculate whether it may finally skyrocket towards the long-awaited $10 target. Bullish traders point to the increasing list of institutional partners of Ripple, overall clarity, and newfound market momentum as fuel for the next big rally. Many believe that the next bull cycle may finally get the token above long-term levels.

Source: X

However, skeptics warn that such promising projections may be more hype than reality as evidenced by the historical chart patterns of XRP. Although $10 may be an ambitious target as faith in the practical applications of Ripple continues to increase. Whether it’s the start of a genuine breakout or simply another bout of FOMO.

XRP Price Eyes Recovery After Two Volatile Years

According to the data from CryptoRank, In 2023, the overall trend appeared positive but showed noticeable variation. In 2024, it turned more unpredictable. The initial half showed dramatic variation with strong growth followed by heavy falls. The latter half of 2024 experienced a strong comeback that turned it into a successful year.

Source: CryptoRank

In contrast, 2025 has been relatively moderate and stable. The year had a strong start and faced an early setback, followed by alternating phases of smaller increases and decreases. Despite these events, however, it still maintains an overall positive pattern that exhibits reduced volatility from those of the last two years.

Also Read: XRP’s Bullish Surge: Can It Break $2.64 and Target $2.88?