XRP News Today: Technical Challenges Stall XRP's $100 Ambitions Amid ETF Postponements and Growing Doubts

The

community is currently split regarding the altcoin’s direction, as optimistic outlooks face off against more conservative technical perspectives. Ongoing regulatory changes and growing institutional involvement continue to influence the market environment. Hopes for a spot XRP exchange-traded fund (ETF) approval—which has been postponed due to the U.S. government shutdown—have fueled investor enthusiasm. This optimism contributed to XRP’s price climbing to $2.68 in early October, accompanied by a 147% increase in trading volume, according to data from . Still, diverging forecasts and shifting market conditions highlight the unpredictability of XRP’s next steps.

Jake Claver, a well-known cryptocurrency analyst, has stirred discussion by predicting that XRP could hit $100 by the close of 2025. He attributes this potential surge to factors such as institutional demand, ETF approvals, and changes in the financial system, as reported by

. Claver’s thesis is based on a “market multiplier effect,” suggesting that an influx of $550 billion in liquidity could propel XRP to his target, drawing comparisons to Bitcoin’s early bull markets. He also pointed to Ripple’s acquisition of Hidden Road as a significant step for institutional adoption, enabling major players like BlackRock to utilize the XRP Ledger for secure transactions.

On the other hand, technical experts caution that XRP’s price remains unstable, even though it is holding above a key support level at $2.61. Insights from

indicate that open interest in XRP futures has fallen by 40% to $4.46 billion since October 1, signaling reduced activity from retail traders and fewer leveraged bets. Maintaining a close above $2.61 is seen as crucial for reigniting upward momentum, but a declining RSI points to weakening bullish sentiment. Additionally, the Federal Reserve’s forthcoming rate announcement adds further uncertainty.

Institutional support seems to strengthen XRP’s outlook. Evernorth Holdings, which is backed by Ripple, has accumulated 388.7 million XRP, moving closer to its $1 billion treasury goal, according to

. The firm’s average acquisition price of $2.44 may act as a technical floor, with blockchain analysts noting that similar strategies have been used by companies like TRON Inc. to help stabilize prices. Evernorth’s growing reserves, along with Ripple’s prime brokerage license, reflect increasing institutional trust in XRP’s role for international settlements.

Regulatory shifts remain a key factor. While the SEC is expected to approve ETFs after the government shutdown, the delays have already led to some skepticism. Experts anticipate approvals between late November and mid-December 2025, which could unleash a wave of liquidity. However, critics argue that for XRP to reach $100, its market capitalization would need to soar from $180 billion to $6 trillion—a leap considered unlikely without significant macroeconomic changes.

The recent decrease in open interest, bringing it back to levels seen in May 2025, has also caught the market’s attention. Crypto analyst CryptosRus observed that such resets often precede price rallies, referencing a similar occurrence in 2025 when XRP jumped to $3.50, as covered by

. With leverage reduced and long-term holders maintaining their positions, the analyst suggests a breakout could occur if new capital enters the market.

As the XRP community weighs these contrasting viewpoints, the combination of regulatory clarity, institutional involvement, and technical strength will likely determine whether the altcoin repeats its previous explosive gains or faces downward pressure.