The post Is XRP a Good Investment Right Now? Signs Say Yes, But! appeared first on Coinpedia Fintech News
XRP is back in the spotlight after jumping 4.5% in just 24 hours, trading around $2.18. But the bigger question on everyone’s mind is—is XRP a smart investment right now?
Let’s break down why XRP might be worth a closer look right now.
Legal Clarity Is Strengthening Confidence
One of the biggest reasons investors have stayed cautious about XRP was the ongoing lawsuit with the SEC. But things are changing. The court has now made it clear that XRP itself is not a security when sold on open markets — only direct sales to institutions were flagged.
With Ripple dropping its cross appeal and the SEC expected to do the same, the legal cloud is finally clearing. This is helping restore investor trust, especially among institutions.
ETF Approvals Could Open the Floodgates
Another major boost is coming from Wall Street. Three XRP futures ETFs have recently been approved under the ProShares Trust, giving institutions a regulated way to get involved. CME Group is also getting ready to list XRP futures, which could open the doors to even more big players..
Whale Accumulation XRP
Behind the scenes, big money is moving in. A recent report reveals a 95% increase in crypto millionaires compared to last year, with more than 325 individuals holding over $100 million in crypto assets. This kind of large-scale accumulation demonstrates growing confidence in the long-term potential of major cryptocurrencies like XRP.
But Caution Still Matters
Meanwhile, crypto analysts, like Arthur Hayes, suggest waiting for the XRP price to dip, perhaps around $1.30, to enter.
However, the current resistance around $2.20–$2.24 could lead to short-term pullbacks.
On the flipside, others experts believe XRP can go well above $10 if momentum builds.
