Ripple’s XRP Price Teeters Near $3 Amidst ETF Hopes & Growing Institutional Activity

The XRP price has briefly flirted with the $3.00 mark, fueled by hopes of an imminent US SEC-approved exchange-traded fund (ETF) ruling. This surge, however, is met with uncertainty as analysts weigh in on the potential impact of institutional investment and lagging XRPL adoption. 95% approval odds for an XRP ETF are predicted, with a decision expected by October, yet doubts remain regarding sustained price gains.