As the altcoin market experiences a resurgence, XRP has struggled to gain momentum, consolidating between $2.70 and $3 for the past two weeks.
However, two critical factors suggest that XRP may face a more prolonged downtrend than previously expected. The anticipated launch of new spot crypto ETFs has been a focal point of discussion since the beginning of the year.
While approval seems likely, the real question revolves around the demand for these ETFs. XRP, currently the world’s third-largest cryptocurrency, undoubtedly has some level of institutional interest, yet the actual inflows tell a different story.
Data indicates that only $1.25 billion flowed into XRP from institutional investors during the first eight months of 2025. JPMorgan Chase has projected that the upcoming ETFs could attract between $4 billion and $8 billion into XRP.
According to crypto betting platform, Polymarket, there is a 32% chance of XRP dropping to $2.50 this year, a 30% chance it could fall to $2.40, and a 27% chance of plummeting to $2.
These statistics indicate that XRP could continue to drift lower over the next few months before any meaningful recovery takes place, potentially not occurring until 2026.
As of this writing, the XRP price has recovered the $3.0675 mark, representing a 1.5% surge within the last 24 hours. This pales in comparison to Ethereum’s (ETH) 5% gains within the same time frame.
Featured image from DALL-E, chart from TradingView.com