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In early June, a major update in the cryptocurrency world caught attention, XRP was officially added to the Nasdaq Crypto Index (NCI). This is a big step for XRP and signals growing trust in it as a digital asset. Along with XRP, other well-known cryptocurrencies like Solana (SOL), Cardano (ADA), and Stellar Lumens (XLM) were also added. Until now, the index only included Bitcoin (BTC) and Ethereum (ETH).
This change is more than just a name addition. It reflects a shift in how major financial institutions and investors view XRP. By including XRP in its index, Nasdaq is showing that XRP is no longer just a secondary player in the crypto world; it’s becoming a part of the mainstream digital economy.
The Nasdaq Crypto Index is a benchmark that tracks the performance of major cryptocurrencies. It helps investors see how the overall crypto market is doing. This index is also used by investment products like ETFs (Exchange-Traded Funds), which allow people to invest in a group of cryptocurrencies without buying each one separately.
When a cryptocurrency is added to the Nasdaq index, it gets more visibility and credibility. Investors tend to take it more seriously, and more money may start flowing into it. This can push the price up and create more interest from large financial firms.
Following the news of XRP’s inclusion, the price of XRP saw a rise. XRP increased by around 5% in a short time and reached highs of about $2.29. Daily trading volume also jumped to approximately $2.8 billion, showing strong investor interest.
XRP has found strong support in the $2.10 to $2.14 range. This level is important because it's where prices tend to stabilize. Technical analysts believe that XRP is now in a good position for further gains, with some short-term pullbacks considered normal.
Charts show that XRP formed patterns often seen in rising markets, like bullish flags and strong support near the 200-day moving average. These patterns suggest that XRP might continue its upward trend if positive momentum remains.
Also Read - Why Big Corporations Are Turning to XRP for Treasury Diversification
One of the biggest impacts of XRP joining the Nasdaq index is how it affects institutional investors. These are large investment companies, hedge funds, or banks that manage huge amounts of money. Most of them don’t invest in cryptocurrencies directly. Instead, they use financial products like ETFs.
There is an ETF called the Hashdex Nasdaq Crypto Index US ETF, which tries to follow the Nasdaq Crypto Index. Right now, this ETF only includes Bitcoin and Ethereum. Even though XRP is now part of the index, the ETF can't include it yet because of U.S. regulations.
This creates a problem known as tracking error. It means that the ETF may not exactly match the performance of the index it is supposed to follow. The reason is simple: it doesn't hold all the same cryptocurrencies.
Nasdaq has asked U.S. regulators to allow the ETF to hold these newly added cryptocurrencies, including XRP. A final decision is expected by November 2, 2025. If approved, XRP could be added directly to the ETF’s holdings, attracting more investments.
There’s more potential good news for XRP. A large investment company has asked the U.S. Securities and Exchange Commission (SEC) to approve a spot XRP ETF. This would be a financial product that directly tracks the price of XRP.
The decision on this ETF could come as early as June 17, 2025. If the SEC gives the green light, XRP would become more accessible to both regular and institutional investors. It could also lead to more buying pressure and push prices higher.
Previously, XRP faced legal issues with the SEC, which claimed that XRP was a security. However, the court ruled that XRP is not a security. This cleared one of the biggest obstacles preventing XRP from being included in ETFs and other financial products.
With this legal clarity and growing interest in cryptocurrencies from U.S. political leadership, many experts believe the chances of an XRP ETF being approved are much higher now than before.
Also Read - XRP Sinking in 2025: Why Its Top Catalyst Isn’t Enough
Many market experts are predicting that XRP could see strong growth in the coming months. Some believe that XRP could reach $3.00 to $3.30 in the short term. If the ETF is approved and more investors get involved, prices might rise even further.
More optimistic predictions say XRP could go as high as $8.00 or more in the long term. These predictions are based on several factors:
XRP’s new status as a part of a respected index
A potential wave of new investors due to ETFs
Strong trading volume and positive chart signals
Greater interest from large financial institutions
However, prices in the crypto market are always uncertain. Short-term pullbacks, or drops in price, can happen. XRP currently faces resistance around $2.30, meaning it may struggle to go above that level without more positive news.
Here are a few important dates and points to keep an eye on:
June 17, 2025: The SEC could decide whether to approve a spot XRP ETF.
November 2, 2025: A decision is expected on Nasdaq’s request to allow ETFs to hold XRP and other newly added cryptocurrencies.
Trading Volume and Price Action: Continued strong volume and stable prices above $2.10 suggest confidence among investors.
U.S. Regulatory Environment: Ongoing support or changes in crypto regulations can heavily influence market direction.
The inclusion of XRP in the Nasdaq Crypto Index is more than just a technical change. It’s a powerful message to the market that XRP has earned a place alongside Bitcoin and Ethereum in the eyes of institutions.
It increases XRP’s visibility and may lead to more investment. It also brings XRP closer to being included in popular financial products like ETFs, which are used by millions of investors worldwide.
Most importantly, it shows how the crypto market is maturing. The fact that more assets are being added to major indexes reflects a broader acceptance of cryptocurrencies as a part of the global financial system.
XRP’s addition to the Nasdaq Crypto Index is a strong sign of its growing acceptance in the world of digital finance. With rising prices, strong investor interest, and the possibility of an ETF on the horizon, XRP is now in the spotlight.
Investors are watching closely. Whether or not XRP reaches new highs will depend on several key events in 2025, especially regulatory decisions. But one thing is clear: XRP is no longer just another altcoin—it is becoming a key player in the future of finance.
