XRP Price Surge: Could ETF Approval Spark a Record High or Crash 90%?

Recent gains for XRP have brought the cryptocurrency close to $2.30, as positive sentiment surrounding a potential US-based spot XRP ETF approval continues to fuel market optimism. This surge is being fueled by increasing institutional investment and a near certainty of regulatory clarity. However, many analysts warn that history indicates a significant pullback after such bullish rallies, potentially leading to a 90% decline in price.