Usman Salis
XRP (XRP) is back in the spotlight after a major regulatory breakthrough. The New York Stock Exchange has officially approved the first 2x leveraged XRP ETF, opening the door for amplified exposure to the asset’s price movements. The news has sparked a fresh wave of optimism, with bullish forecasts pointing toward a potential long-term target of $1,000 per XRP.
This development marks a key moment in the asset’s institutional adoption and could reshape how both retail and professional investors engage with XRP.
NYSE Approval of 2x ETF Sparks Bullish Sentiment
The launch of the 2x XRP ETF is a landmark event for XRP, giving investors a new tool to gain magnified returns based on the asset’s price performance. As the first ETF of its kind for XRP, it may drive significant inflows from traditional finance.
With XRP price still trading below previous highs, many see the leveraged ETF as a catalyst for renewed momentum — particularly if it attracts institutional capital in volume.
Is a $1,000 XRP Price Realistic? What Traders Are Watching
The idea of XRP reaching $1,000 may sound ambitious, but the underlying narrative is gaining traction. Analysts argue that with increased accessibility via ETFs and growing real-world use cases, XRP’s long-term valuation potential is expanding.
While the current XRP price remains far from four-digit territory, the introduction of leverage into mainstream markets is a clear signal that demand for XRP exposure is maturing. Whether $1,000 is achievable or not, the path forward looks increasingly bullish.
Usman Salis
