Betting on XRP that reach the record price

Krypto beds are no longer optimistic about XRP, at least not at short notice.

Data from the Crypto Prediction platform Polymarket show that the bets have the chances that XRP will achieve a new record before the end of the first half at 26%.

That declined from 56% in the early this month when expectations were much higher than the United States InventoryIncluding XRP, for a proposed crypto reserve.

These plans were not as President Donald Trump signed an executive order In order to create a digital asset stock that will at least not acquire any new tokens for the time being.

Without a new narrative about Trace investor interests, XRP was involved in the wider crypto slump, in which the market has violated a value of $ 600 billion since the beginning of 2025.

XRP has dropped by 31% since Trump's inauguration.

Nevertheless, there were bullish signals for XRP. On a Kelshi forecast market, Betters set the likelihood of surpassing and surpassing Bitcoin Old coins at 48%.

The ripple-controlled cryptocurrency is currently part of a number of Altcoin ETFs in review From the Securities and Exchange Commission. A decision about these submissions is expected at the latest in mid -October.

JPmorgan predicts that XRP -ETFs will be attracted 8 billion US dollars of tributaries From investors in the first year after the start.

The retail interest in XRP is also important, especially in South Korea, where whale pockets were purchased 700 million US dollars in value the cryptocurrency last week.

Data from Crypto Derivats platform Deribit Show This year dealers vote for an XRP price of $ 5.

The 5 -dollar call for XRP is the most popular for Deribit, with a fictitious value of 3.9 million US dollars.

Crypto Market Movers

• Bitcoin has increased by 2.8% in the last 24 hours to act at 83,269 US dollars.
• Ethereum rose by 3.2% in the same period to act at $ 1,915.

What we read

Osato Avan-Nomayo is our Defi correspondent in Nigeria. He covers Defi and Tech. Do you have a tip? Please contact him at osato@dlnews.com.