Prediction: XRP's Price Will Soar Over the Next Year -- But Will It Last?

Core Viewpoint - XRP is positioned for a potentially strong year due to the launch of a U.S. spot ETF, institutional interest, and enhancements to its ledger technology [1] Group 1: Market Developments - The approval of the first U.S. spot XRP ETF, the Canary XRP ETF, began trading on November 13, attracting $250 million in investments within the first few days, marking it as the strongest crypto ETF debut of the year [3] - Ripple has partnered with over 300 banks and financial institutions to promote the use of the XRP Ledger (XRPL) for cross-border settlements, aiming to integrate XRP into these financial functions [4] Group 2: Technological Advancements - The XRP Ledger has introduced an automated market maker (AMM) feature and tools for issuing tokenized real-world assets, enhancing its appeal for asset managers [5] - The emergence of XRP-focused digital asset treasury companies, such as Evernorth, which plans to raise over $1 billion to become a major publicly traded holder of XRP, could increase demand and tighten the asset's float [6]