The current XRP price is hovering around $2.8 due to several key factors, including legal aspects and potential ETF approvals in the U.S.
Factors Influencing XRP Price
Several key events have significantly impacted the XRP price.
1. **Settlement of the SEC vs. Ripple case.** On August 8, 2025, a settlement of $125 million was reached, lifting uncertainties regarding the legal status of XRP on public exchanges. 2. **Potential ETF approvals.** Proposed changes in listing rules for crypto ETFs may streamline the registration process and expedite the launch of new products.
Price Context: Range and Key Levels
In late August, the XRP price fluctuated between approximately $2.82 and $3.01. Current support is positioned in the $2.80–$2.82 range, while maintaining above $3.10–$3.15 is necessary to strengthen bullish trends.
Future of XRP and Potential Risks
Despite the positive news, there are several risks that could negatively impact the XRP price. These include potential delays in ETF approvals and regulatory changes that may affect liquidity and accessibility of the token to investors. Additionally, it's essential to monitor the macroeconomic environment and shifts in the equity markets.
The current XRP price around $2.8 suggests a balance between improved institutional access and regulatory uncertainties. The situation remains under observation by traders, particularly regarding potential changes in ETF approvals.