XRP Price to Break Above $2 as Clarity Act and ETF Inflows Loom
Financial expert Levi believes that XRP's current price below $2 is only temporary. According to him, several factors could impact XRP's price in the coming weeks, including progress on the Clarity Act, continued inflows into spot ETFs, and Ripple's expansion of partnerships with banks in key regions.
Levi noted that XRP has recently rebounded from below $1 and suggested that negative market sentiment toward the cryptocurrency has faded. He also emphasized the role of institutional demand through spot XRP exchange-traded funds, pointing to recent increases in ETF inflows as a supportive element for XRP's valuation.
Levi highlighted Ripple's ongoing efforts to strengthen relationships with financial institutions in multiple regions, including new partnerships with banks in Korea, Europe, and the Gulf. He argued that broadened banking adoption could drive further institutional activity around XRP and Ripple's payment network.