Analyst Declares XRP Will Hit $300 Target As Adoption Expands

Bitcoin exchange-traded funds (ETFs) opened the week with modest inflows of $27 million after ending last week on a weaker footing, while ether funds continued to bleed capital. XRP and Solana ETFs, however, stood out with strong inflows, reflecting renewed investor appetite for alternative crypto exposure amid growing regulatory optimism. Bitcoin ETFs Rebound With $27M […]

XRP transaction volume on the XRP Ledger surged 65% over the past twelve months — from 43 million to 71 million transactions — setting a new record that a digital asset treasury firm argues reflects something far more significant than speculative activity: measurable, institutional-grade utility arriving quietly on the ledger while most of the market is watching price charts. Related Reading: Bitmine ETH Holdings Cross 5.2 Million—CEO Announces New Phase For Crypto Markets The data was shared by Evernorth (@evernorthxrp), a purpose-built digital asset treasury focused on XRP, in a post on X. The firm was pointed in its framing: speculative volume on a blockchain comes in bursts. What the XRPL is recording looks different — steady, programmatic, and tied to real businesses moving real money, according to the post. XRP Ledger sees massive increase in network utility driven by transactions from crypto exchanges and other institutional users. Source: evernorthxrp on X Who Is Actually Drivi

XRP analysts highlighted the potential for a sustained price rally, fueled by strong institutional demand and a strong technical structure.

Crypto pundit BarriC has declared that XRP was never designed to be cheap, given its projected utility among institutional players. He also indicated that the altcoin could reach at least $1,000 as it continues to gain greater adoption among these institutions.  Crypto Pundit Says XRP Not Designed To Be Cheap In an X post, BarriC stated that XPR was never designed to be cheap and that it was designed to move institutional value. He gave an example of how a larger amount of XRP will be needed if an institution wants to execute a $1 million cross-border transaction. Specifically, he mentioned that such a transaction would require 200,000 XRP at $5 per XRP, whereas it would require only 20 XRP if the altcoin were trading at $50,000 per coin.  Related Reading: XRP At $21.5 Isn’t A Bet: Why This Analyst Says A Measured Move Is Coming The pundit further remarked that while retail hopes that XRP will remain at a lower price, institutions are looking at how they can move billions of dollars wi

The world’s largest asset manager, BlackRock, has picked Ethereum over the XRP Ledger (XRPL) as it plans to launch two tokenized money-market funds. These funds will target stablecoin holders as BlackRock continues to expand its crypto offerings.  BlackRock Picks Ethereum Over XRP Ledger For New Funds According to a Bloomberg report, BlackRock has filed with […]

The post Solana ETFs Record Highest Inflow in Over Two Months appeared on BitcoinEthereumNews.com. Solana ETFs post $26.57 million in inflow Bitwise retains dominance amid ETF resurgence  After multiple weeks of little to no fresh capital intake, Solana ETFs are beginning to bounce back as they are seeing a rapid resurgence in their daily ETF flows. This rapid resurgence in the Solana ETF market has come amid the broader crypto market rally, which has boosted confidence in the leading altcoin. Solana ETFs post $26.57 million in inflow As of Tuesday, May 12, Solana posted a total daily inflow of $26.57 million, marking the highest inflow they have achieved in more than two months. 1.3% of All XRP Now Unavailable Amid US ETF Rally; Vitalik Buterin Surprises Market With New SHIB-Style Donation; Bitcoin to $126,000: Arthur Hayes on New BTC Price High – Morning Crypto Report Ray Dalio: Bitcoin Fails as Safe Haven While the broad crypto market is currently witnessing renewed optimism from re

Spot XRP ETFs have quietly amassed $1.35 billion in net inflows on the back of Ripple’s JPMorgan‑backed tokenized Treasuries tests. Five U.S.-listed spot XRP (XRP) ETFs pulled in a combined $25.8 million on Monday, the biggest single-day haul since January…

XRP has been a major topic of discussion since the CLARITY Act was first proposed, with many in the crypto community suggesting that the altcoin could greatly benefit from the bill as a cross-border neutral bridge asset. However, a market expert has outlined several entities and cryptocurrencies he believes would benefit even from this upcoming […]