Ripple (XRP) is undoubtedly one of the prominent tokens in the current crypto realm. The token is now one of the most robust cryptocurrencies in the industry, carving new milestones with each passing day. That being said, Ripple is also attracting heavy ETF development activity, which is adding more prestige to the Ripple ecosystem. Franklin Templeton, one of the leading financial giants, has filed for an XRP ETF application, giving XRP a credible reputation boost. How high can XRP truly surge if this ETF gains approval from the US SEC? Let’s find out.

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Ripple Continues To Dominate The Market

Ripple XRP Cryptocurrency Altcoin Token
Source: Reddit

Ripple (XRP) is currently one of the leading crypto tokens to keep an eye on. The token is targeting a global finance narrative and is a crucial part of Trump’s official strategic crypto reserve alongside ADA and Solana. At the same time, Ripple is also attracting heavy ETF momentum, boasting nearly 17 ETF applications in the queue, adding more to the token’s prestige. At the same time, Franklin Templeton, one of the leading investment management firms, has announced that it has filed for an XRP ETF application with the US SEC, giving more wings for XRP to soar and surge on.

The aforementioned filing is the 17th ETF filing with the US SEC, displaying the token’s mettle in the current crypto market. That being said, the token is also awaiting its case with the US SEC to conclude soon, which can also usher in a positive price momentum for XRP to enjoy and bask in.

Per Dark Defender, a notable crypto analyst, XRP has the potential to surge to double digits if the US SEC approves the pending XRP ETF applications filed with the 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.”

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The Token’s Price Prediction Post-Franklin Templeton ETF Approval

Per ChatGPT, XRP may surge nearly to $3.50 in a short-term scenario. The platform predicts an optimistic approach to $5 at the max in about one to two weeks post the approval. GPT later predicts a mid-term forecast, in which XRP may surge as high as $10. This may happen due to increased adoption and ETFs gaining popularity amid the masses.

xrp gpt stats
Source: ChatGPT

At the same time, in a long-term scenario (6-12 months), XRP may spike to double digits and may hit $15, per GPT. This may happen if the XRP ETF popularity coincides with Bitcoin’s bullish momentum.

XRP GPT STATS
Source: ChatGPT

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