XRP Hits $3.3 Amid ETF Speculation and Strong Community

Positive rumors regarding the possibility of an approval of an XRP ETF have instigated price outlooks of as high as $5. This vision was however set back when SEC commissioner Caroline Crenshaw spoke out against it on August 8, 2025. She has raised doubts regarding short-term, approval, making her opposition an uncertainty over the market sentiment.

The XRP ledger has performed a decade of reliability offering low cost and high throughput as stated by the xrpl.org. Such basics bolster the long-term XRP argument, but with a 0.877 correlation at the top cryptocurrencies, it is likely that major market cycles will have a large effect on the XRP price.

XRP Ledger

The recent rally in XRP needs to be attributed to the presence of significant community support as well as the growing expectations of an ETF. However, regulators are still a consideration so far; therefore, how the token will climb to hit five dollars remains to be seen. Find out whether the next chapter truly belongs to fundamentals or regulatory headwinds is a challenge traders will monitor.

The fact that XRP has a correlation of 0.877 with the leading cryptocurrencies shows that it tends to move the price as the rest of the market takes the direction. The wider crypto rally may increase the price of XRP. Under the existing circumstances, the price oscillation of XRP within the range of 2.8/3.5 may precede the breakout. This can be perceived as a way of strategic entries and exist by the traders. A positive ruling of the ETF may drive the XRP to new heights, whereas lengthy delays may retard the development. The next step should be the shift of regulatory clarity, which is likely to determine whether the impetus will continue to 2026.