Is an XRP Breakout on the Horizon?

Core Viewpoint - XRP has experienced two significant price rallies this year, reaching a high of $3.65 in July, but has not yet surpassed the $4 mark, leading to investor anticipation for a potential breakout in 2025 [1] Regulatory Developments - The regulatory uncertainty surrounding XRP has been alleviated following the conclusion of a legal case in August, where Ripple Labs agreed to pay a $125 million fine, allowing the company to refocus on its business operations [2] - The resolution of regulatory issues is expected to facilitate the approval of new XRP investment products by the SEC, with Bloomberg estimating a 95% chance of spot XRP ETFs being approved this year [3] Market Dynamics - The anticipated launch of new spot XRP ETFs is expected to provide a boost to XRP's price, similar to the impact seen with Bitcoin following the approval of its spot ETFs [4] - However, there is a notable lack of institutional investor enthusiasm for XRP compared to Bitcoin, as evidenced by recent fund flow reports indicating only $69 million flowed into XRP, significantly lower than Bitcoin's $977 million and Ethereum's $772 million [5][6] - The recent launch of the REX-Osprey XRP ETF has not significantly influenced XRP's price, which fell below $3 a week after its introduction, indicating a muted market response [6]