XRP Price Prediction: Nasdaq Approves XRP ETF But Analyst Says This Altcoin Could Pump Higher

Bitcoin is flat on Thursday, but the altcoin market is heating up. Among the leaders is XRP, which rallied 3.5% to $2.47. The move comes as anticipation builds regarding ETF developments.

Nasdaq confirmed in an SEC filing that the Canary XRP ETF has been approved for listing, with trading set to begin Thursday. This will be the first XRP ETF to launch under the Securities Act of 1933, opening the asset to a new source of buying pressure directly linked to institutional capital.

Investors are now seeking an XRP price prediction as the ETF launch approaches, aiming to understand both the fundamental ramifications of the launch and the technical outlook for November and beyond.

But as XRP pushes forward, a new altcoin called Bitcoin Hyper is also gaining traction, having raised over $27 million in its presale. The project’s use case as a Bitcoin Layer 2 blockchain is attracting massive liquidity flows and has also generated speculation that HYPER could outperform XRP in the months ahead.

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Canary XRP ETF Launching – What Now?

The first spot XRP ETF, launched by Rex Shares in September, used a different structure from Canary’s, registering under the Investment Company Act of 1940. It relied on regulatory workarounds, ultimately making it less appealing to institutional investors compared ot the traditional Act 33 structure.

Therefore, to gauge potential demand for Canary’s ETF – and its impact on XRP’s price – it’s useful to look at Solana’s recent Bitwise ETF, also launched under the 1933 Act. According to Farside Investors, Bitwise’s SOL ETF recorded $344 million in inflows during its first week, a performance that XRP could potentially mirror as the Canary product goes live.

That said, the measurable impact of Solana’s inflows has been nonexistent. Its price was $198 on the day of the Bitwise listing, but it trades at $154 today. This is largely due to the challenging market conditions that have persisted in recent weeks.

But what do the charts say? According to analyst Kamran Ashgar, XRP is forming a “massive cup and handle” pattern, which he says is a “bullish signal for continuation.” He predicts that the next stop for XRP could be $3 following its breakout from the current pattern.

Analyst Levi also points to the cup-and-handle chart pattern and says it could trigger an extended rally toward $5 by year-end.

Technically, XRP is holding structure amid a bullish chart formation, which is a good sign. And fundamentally, the upcoming ETF is likely to see significant inflows.

While Solana’s post-ETF launch performance shows inflows alone don’t guarantee a rally, XRP’s launch timing converging with a bullish chart pattern may be enough for a decisive breakout. Ultimately, this means the $3-$4 target is certainly on the cards for November, and there’s a real possibility that this uptrend extends well into December and beyond.

However, analysts believe that XRP’s 2025 potential maxes out at around a 2x return – which is solid, but could be alot less than what some of the strongest-performing alts will deliver. As such, many investors are looking for something bigger, which is why Bitcoin Hyper has captured attention.

Analyst Tips Bitcoin Hyper for 10x Gain as Presale Hits $27M

Bitcoin Hyper has been on a tear lately. It’s raising funds to build a Bitcoin Layer 2 blockchain and has now raised $27 million, reflecting deep investor conviction.

The project aims to build the world’s fastest smart contract-enabled Bitcoin scaling solution, running on the Solana Virtual Machine (SVM) to process thousands of transactions per second. It will also periodically report its state to the Bitcoin L1 via ZK-rollups, thereby leveraging Bitcoin’s security and immutability.

This use case opens up a new world of possibilities: meme coins, DeFi, futures trading, stablecoins, RWAs, and much more are coming to Bitcoin – without the speed constraints of older L2s like Stacks and Rootstock.

Therefore, Bitcoin Hyper is widely regarded as one of the hottest opportunities on the market today, with its promising use case, early-stage entry, and investor support all indicating big potential. Regarding how far it could go, prominent analyst Jacob Bury predicts it could see 10x gains once it hits the open market.

Right now, investors can buy HYPER at $0.013265, but this price will increase at the start of each new presale round. According to the project’s website, the next round begins in just one day.

Together, XRP and Bitcoin Hyper represent two opposing forces in the crypto market: institutional involvement and grass-roots innovation. While there’s no doubt that XRP’s ETF narrative is promising, historical patterns suggest that the upside potential of an emerging, disruptive project like HYPER could be much greater.