XRP Eyes $3.40 as $2.80 Support Holds, ETF Hype Builds

XRP Tests Key Liquidity Zone at $2.80 as Bulls Eye $3.40 Rebound

According to market analyst Lingrid, XRP is at a critical juncture as its price consolidates within a descending channel, testing a key liquidity zone near $2.80. 

This level, which has emerged as both psychological and technical support, will likely determine whether bulls can regain momentum or if bears will extend their grip on the market.

Over the past several sessions, XRP has struggled to break free from its downward channel, with a prior attempt to move higher dismissed as a “fake break.” That rejection has kept traders cautious, underscoring the importance of the $2.80 zone. Analysts suggest that this region holds significant liquidity, meaning large orders could trigger either a sharp rebound or an accelerated decline, depending on which side prevails.

Lingrid added that  If buyers successfully defend the $2.80 mark, the technical structure favors a push back toward $3.40, which aligns with the upper boundary of the descending channel. This would not only restore short-term optimism but also validate the strength of XRP’s broader market resilience.

Similar sentiments were shared by market expert DeGram that XRP was rejected at the recent all-time high (ATH) of $3.65 and continues to slide within a descending channel and is now testing the $2.83 support zone, a level where buyers previously mounted strong defenses.

Degram added, “A bounce here could trigger a breakout toward $3.20–$3.30, while losing $2.83 risks deeper downside into $2.60. The next move depends on whether bulls reclaim momentum from this demand zone.”

At the time of this writing, XRP was trading at $2.84, according to CoinGecko data. 

Spot XRP and Solana ETFs Poised for Approval Within Two Months, Analyst Says

According to market analyst Xaif Crypto, industry veteran Nate Geraci believes the long-anticipated floodgates for Spot XRP and Solana ETFs could open within the next two months. 

This development, if realized, would mark a historic expansion of crypto’s presence in traditional finance, adding two major altcoins to the growing list of assets with ETF access.

Nate Geraci, president of The ETF Store and a leading voice in the ETF space, believes XRP and Solana are the next logical candidates for spot ETFs. 

With Bitcoin and Ethereum products already approved, he argues that growing institutional demand and mounting regulatory momentum leave the SEC little choice but to expand access to structured, transparent crypto investment vehicles.

XRP’s push toward resistance comes as legal clarity and ISO 20022 compliance strengthen its case for institutional adoption, particularly in cross-border payments. 

At the same time, Solana’s rapid rise, driven by high throughput, low fees, and accelerating traction in DeFi and NFTs, underscores its position as one of the fastest-growing blockchain ecosystems.

Therefore, approval would give investors regulated, exchange-traded access to these altcoins without the burden of direct custody, easing concerns over security and accessibility. 

Analysts believe Solana and XRP ETFs could unleash major inflows from institutions and retail investors eager for simpler entry into the crypto market.

Conclusion

If approved, spot XRP and Solana ETFs would not only validate the growing maturity of digital assets but also reshape how traditional investors interact with crypto. 

By bridging Wall Street and blockchain, these products could accelerate mainstream adoption, deepen liquidity, and establish XRP and Solana as pillars of the next wave of financial innovation.

For now, all eyes remain on the $2.80 level because a decisive hold could mark the beginning of a bullish reversal, paving the way for a climb toward $3.40 and beyond.