XRP has experienced a significant 3.6% price surge, following Franklin Templeton’s application for a spot XRP exchange-traded fund (ETF).
The massive asset manager, overseeing $1.5 trillion in investments, joins 16 other financial institutions seeking approval for XRP-based ETFs, signaling growing institutional interest in the cryptocurrency.
Wall Street Giants Flock to XRP as ETF Applications Pile Up
Franklin Templeton’s entry into the XRP ETF race represents a major development for the cryptocurrency. With its enormous $1.5 trillion in assets under management, the firm’s interest has triggered immediate positive market reactions, pushing XRP prices upward by 3.6%.
The total number of asset managers pursuing XRP spot ETFs has now reached an impressive 17, demonstrating substantial institutional enthusiasm from Wall Street entities.
Approval of these ETFs could potentially unleash significant capital flows into XRP, which would in turn boost its price potential in the coming months.
Could Ripple’s Legal Victory and White House Connections Strengthen XRP?
Reports indicate that Ripple Labs’ long-running case against the SEC could reach a final verdict by April 16, creating another strong narrative that might generate excitement in the weeks ahead.
In a notable development, Ripple Labs Founder Brad Garlinghouse recently participated in the White House’s first-ever crypto summit, seated alongside President Trump and Coinbase CEO Brian Armstrong.
As the SEC case concludes, this newfound relationship with the Trump administration helps legitimize XRP and could advance its goal of institutional adoption for cross-border payment solutions.
Analysts Project Massive XRP Rally, Targeting $4.40
Even though most top cryptocurrencies, including Bitcoin and Ethereum, have retreated to new yearly lows, XRP has displayed remarkable resilience by maintaining the $2 level as support.
The popular Web3 analyst Milkybull Crypto has highlighted XRP as “among the strongest charts” in crypto.
Another analyst, Solberg Invest, has published technical analysis showing that XRP could rally to $4.40 by April.
With catalysts such as the pending ETF approvals and the hotly anticipated SEC lawsuit verdict, these bullish analytical results align with XRP’s increasingly positive fundamentals, projecting potential 2x gains from current price levels.
Next 10X Crypto? BTC Bull Token Captures Investor Attention
BTC Bull Token ($BTCBULL), a rising star on the Ethereum blockchain, has transcended the typical meme coin category with its unique value proposition. Holders will gain access to exclusive Bitcoin and BTCBULL airdrop rewards when BTC hits specific price targets as it progresses toward $1 million.
The BTCBULL token supply will also undergo periodic token burns, to align with BTC price levels of $125,000, $175,000, and $225,000.
Inspired by Bitcoin’s impressive 230% yearly returns since 2009, Bitcoin Bull Token has created the first-ever pathway for retail investors to accumulate BTC passively using a meme coin.
Through the project’s strategic partnership with Best Wallet, a versatile multi-chain solution, users can conveniently store their BTCBULL coins and collect Bitcoin airdrops within the Best Wallet mobile app.
With $3.5 million already secured during BTCBULL’s ongoing presale phase, respected crypto analyst RJ from 99Bitcoins predicts potential 10x returns following the conclusion of this ICO.
BTC Bull Token (priced at a special presale discount of $0.002405) also offers further earning opportunities through its staking protocol, which currently delivers a substantial 122% APY.
Unlike competitors relying solely on hype, BTC Bull Token distinguishes itself through tangible reward mechanisms, motivating major investors to get involved and positioning BTCBULL as a potential market leader when bull market conditions continue.