XRP News Today: ETF Investments Drive XRP Closer to $2.60 Amid Rising Mainstream Acceptance

XRP Price Outlook Strengthened by ETF Launches and Institutional Interest

Google Gemini has projected that XRP could reach $2.60 within the next two months, a forecast fueled by the introduction of a dozen XRP-centric exchange-traded funds (ETFs) in the United States. The debut of these ETFs has sparked significant interest from both institutional and retail investors, propelling XRP to a 24-hour peak of $2.25. This marks a reversal of the prolonged downward trend and has renewed confidence in the cryptocurrency’s technical prospects. Since their launch, ETFs such as Franklin Templeton’s XRPZ and Grayscale’s GXRP have attracted $422 million in new investments, indicating a growing preference for regulated digital asset products.

Beginning on November 24, these ETF offerings have made it easier than ever for investors to access XRP through conventional brokerage accounts. Grayscale’s GXRP, structured as an exchange-traded product rather than a traditional 1940 Act ETF, enables exposure to XRP without requiring direct ownership of the token. Franklin Templeton’s XRPZ, meanwhile, highlights the importance of regulated access to a foundational asset in the global settlement ecosystem, according to David Mann, the company’s head of ETF product and capital markets. These new funds join earlier products like Amplify’s XRPM, which uses a covered call strategy to provide investors with consistent income.

XRP’s recent price movements have closely tracked the momentum generated by these ETF launches. After rebounding from the crucial $2.00 support level, the token surged to $2.25, effectively erasing a 15% decline from the previous month.

Blockchain data reveals that 200 million XRP were withdrawn from major exchanges within 48 hours of the ETF rollouts, suggesting a shift toward longer-term or institutional holdings. Technical signals also point to a bullish trend: on-balance volume (OBV) has climbed, indicating increased buying activity, and the relative strength index (RSI) has bounced back from oversold levels, supporting the possibility of XRP reaching the $2.60 mark.

Regulatory Progress and Network Milestones

XRP’s regulatory environment has recently improved as well. In August 2025, a federal court determined that secondary-market transactions of XRP do not constitute securities, resolving a lengthy legal dispute between Ripple and the SEC. This ruling has paved the way for banks and payment processors to utilize Ripple’s On-Demand Liquidity services without regulatory ambiguity, potentially broadening XRP’s role in international payments. Since its inception in 2012, the XRP Ledger has processed over 4 billion transactions, highlighting its capacity as a robust financial infrastructure network.

Market Projections and Future Growth

Analysts anticipate that demand for XRP will continue to be driven by ETF activity. Bloomberg Intelligence predicts that more than 100 crypto ETFs, including those focused on XRP, could launch in the coming half-year, with offerings from Bitwise and Canary Capital already awaiting approval. The overall cryptocurrency market has also seen gains, with Bitcoin and Ethereum rebounding to $86,000 and $2,800, respectively, pushing the sector’s total market value close to $3 trillion. Despite these advances, XRP is still trading 15% below its late-summer high of $3.00, and a decisive move above the $2.20 resistance level is needed to confirm a sustained uptrend.

Google Gemini’s $2.60 target is consistent with historical price behavior, where XRP has repeatedly found support between $1.95 and $2.00. Should the current rally persist, the token may challenge the $2.60 midpoint of its established trading range—a level that has often served as both support and resistance. With institutional capital flowing in and regulatory clarity achieved, XRP’s future appears increasingly linked to the ongoing success of its ETF ecosystem, which is helping to transition the asset from a speculative investment to a mainstream financial instrument.