XRP in Focus After ETF Approval Comments as Market Speculation Continues

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XRP is back in focus after Ripple CEO Brad Garlinghouse said he expects an XRP ETF approval before the year ends. The remarks have contributed to renewed discussion in the market, though any potential impact from an approval would depend on investor demand and broader conditions.

Some XRP price prediction models and commentary suggest scenarios with higher prices, but the timing and direction of any move remain uncertain.

Analysts discuss XRP price scenarios

At the time of writing, XRP is trading near $3.10. The price is holding above the 200-day EMA at $2.57, which some analysts view as a notable support level. Technical charts also point to wedge and pennant formations, patterns that some traders interpret as potentially signaling a breakout—though they do not determine outcomes.

CryptoQuant’s head of research has suggested ETFs could absorb between 1% and 4% of XRP’s circulating supply within a year, an estimate that would depend on approvals, flows, and market conditions. Using current prices, that range would imply roughly $1.8 to $7.2 billion in demand.

CME futures and ProShares leveraged funds have been cited by market observers as indicators of activity tied to XRP-linked products. Bloomberg analysts James Seyffart and Eric Balchunas have also discussed approval odds, though timelines and outcomes remain uncertain.

Some traders cite $3.67, the year-to-date high, as a key level to watch. Further price targets such as $5 are speculative and would depend on sustained demand and broader market dynamics.

Debate continues over higher XRP levels

Discussion around the $10 level remains divided. Crypto.com CEO Kris Marszalek has suggested that up to $8 billion in ETF inflows could support XRP moving into the $4–$8 range, though that scenario would rely on assumptions about approvals and inflows. Some traders also cite $10 as a psychological milestone.

If XRP were to trade at $10, its market capitalization would rise substantially, approaching levels typically associated with larger, more established cryptoassets. Others point to factors such as falling trading volume in recent months as reasons for caution.

Layer Brett is referenced alongside XRP in promotional commentary

Alongside coverage of XRP, some market posts and promotional materials have pointed readers to a separate project called Layer Brett. The project describes itself as a Layer 2 initiative on Ethereum with plans that blend community-driven branding with proposed utility features.

According to the project’s materials, it includes staking features and outlines plans involving NFTs and bridging tools aimed at lower fees and faster transactions. The project also reports that a token sale is being conducted at a stated price and that it has raised funds to date; these figures are project-reported and may change.

Layer Brett also advertises staking rewards; such rates are not guaranteed, can change over time, and may involve additional risks, including smart-contract and liquidity risks.

The project states that participation in its token sale involves using a compatible wallet and supported assets, and it publishes additional details about token supply and allocations. Readers should review official documentation and consider risks carefully before interacting with any token sale or staking product.

Speculative comparisons between XRP and smaller tokens

Some promotional commentary contrasts large, widely traded assets like XRP with newer, smaller projects such as Layer Brett, arguing that smaller market caps may allow larger percentage moves. These comparisons are speculative and do not account for differences in liquidity, adoption, regulatory exposure, and failure risk.

Any potential price outcomes for XRP or a newer token depend on many variables, and projections should not be treated as reliable forecasts.

Conclusion

Ripple-related ETF commentary continues to keep XRP in the spotlight, while market participants debate a range of scenarios for price levels and potential flows. Separately, Layer Brett is being circulated in promotional material tied to a token sale and staking features; readers should treat project claims as unverified unless independently confirmed.

Website (for reference): https://layerbrett.com
X (for reference): https://x.com/LayerBrett


This article contains information about a cryptocurrency token sale. This article is for informational purposes only and does not constitute financial or investment advice. This outlet is not affiliated with the project mentioned. As with any initiative within the crypto ecosystem, readers should do their own research before participating, carefully considering both the potential and the risks involved.

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