The token Ripple is one of the most prominent in today’s crypto world. This token has become one of most powerful cryptocurrencies and is achieving new milestones every day. Ripple also attracts heavy ETF activity which adds more prestige to its ecosystem. Franklin Templeton has applied for a XRP-based ETF, which gives XRP a credibility boost. Can XRP really surge if the ETF is approved by US SEC?? Find out.
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Ripple remains the dominant player in the market
The crypto-token Ripple is one to watch. This token targets a global financial narrative, and along with ADA and Solana is a key part of Trump’s strategic crypto reserve. Ripple, which has 17 ETFs in its queue, is also experiencing a surge of ETF interest, enhancing the prestige of the token. Franklin Templeton is one of the most prominent investment firms and has also announced it filed an XRP-based ETF with the US SEC. This gives XRP more wings to fly.
🚨 🚨BREAKING NEWS
Franklin Templeton filed S-1 documents for a XRP ETF. 📃 🪙 🇺🇸
BOOOOOOM! 🔥
This is the 17th ETF filed for XRP. pic.twitter.com/HuAFSOgVqO
— Kenny Nguyen (@mrnguyen007) March 11, 2025
This filing, the 17th ETF filed with the US SEC shows the tokens’ strength in the crypto market. While the US SEC is still deciding the case, the token can expect a strong price movement for XRP.
According to Dark Defender, a prominent crypto analyst, XRP could surge into double digits if US SEC approved the pending XRP ETF application filed with this organization.
“We targeted a 23 trillion USD crypto market cap. Franklin Templeton has filed the #17th $XRP ETF, which alone has $1.53 trillion USD under their asset management. Just imagine when all are approved. Double digits for XRP will be as easy as pie.”
The target is a crypto market cap of at least 23 trillion dollars.
Franklin Templeton filed the #17th $XRP ETF alone manages $1.53 trillion dollars in assets.
Just imagine the moment when you will be able to approve all of your applications.
It will be easy to reach double digits with XRP. pic.twitter.com/5k5ErT44IR
— Dark Defender (@DefendDark) March 11, 2025
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Token Price Prediction After Franklin Templeton Approval
In a short term scenario, ChatGPT predicts that XRP could rise to almost $3.50. In a few weeks, the platform expects to see XRP reach a high of at least $5. GPT predicts that XRP could reach $10 in the mid-term. It could be due to the increased popularity of ETFs and their adoption by the public.
In the long term, XRP could spike into double-digits, and hit $15 per GPT. It may occur if the XRP’s popularity and Bitcoin bullish momentum coincide.
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Source: watcher.guru
