XRP is gaining renewed attention in the financial markets as its legal clarity and institutional traction drive momentum for a major price rally. The cryptocurrency recently concluded a prolonged legal battle with the U.S. Securities and Exchange Commission, which had accused Ripple of selling unregistered securities.
Following the court’s final ruling, XRP is no longer classified as a security, clearing a significant hurdle for broader adoption. As a result, institutional players are increasingly entering the market with confidence.
According to a report shared by a market analyst, XRP now leads in the number of ETF applications filed in the United States. A total of 17 ETF proposals have been submitted for XRP, outpacing several other digital assets in the current regulatory climate.
These ETF applications include major names in asset management, such as Grayscale, Fidelity, and VanEck. The entry of such firms signals a growing institutional appetite for XRP exposure.
Also Read: Ripple and SEC Reach Settlement as XRP Holds Steady at $2.45
Institutional Demand Grows Amid Global Partnerships and Escrow Accumulation
XRP’s recent surge in demand is not limited to ETFs, as Ripple, the company behind XRP, is now collaborating with 12 central banks on digital currency initiatives. Many of these projects incorporate XRP as part of their infrastructure, increasing its utility and global demand.
The major institutions and financial institutions regularly buy XRP directly from escrow releases. In recent weeks, the continuous market activity caused by banking institutions acquiring XRP from escrow has driven up its value.
Ripple strengthens its market presence by forming agreements with payment providers and U.S. banks—institutional investors’ ongoing acquisition of XRP results from Ripple’s recent partnership developments.
XRP is a primary investment opportunity for institutional investors entering the crypto market. BlackRock and other financial giants have started assessing XRP as an investment option, enhancing its market significance.
The combination of legal clarity, ETF filings, and institutional backing has placed XRP in a favorable position for significant growth. Analysts monitoring these trends believe the price could reach $20 if the current momentum continues.
Conclusion
With multiple ETF filings underway and increasing institutional demand, XRP is emerging as a focal point in the crypto investment landscape. The next few months will determine whether XRP can maintain its momentum and break into a new price range.
Also Read: XRP Climbs 10% – Here is Why the Price Jumped All of a Sudden
