Market sentiment around XRP has turned cautious as traders on Kalshi, a regulated event trading exchange, reduced the probability of the cryptocurrency reaching $4 or higher this year to 20%. The data was shared by Whale Insider (@WhaleInsider), a crypto commentator on X, who posted an image of the Kalshi market showing “Yes 20%” beside the question of whether XRP would end the year at $4 or 0 decline in trader confidence comes after a period of volatility that followed XRP’s sharp surge to record highs in 1 token reached a peak of $3.65 that month, following a rally fueled by optimism over regulatory progress in the 2 speculation surrounding potential spot crypto ETFs.
However, momentum has since 3 IN: Odds of $XRP hitting $4 or above this year have fallen to 20%, per traders on 4 — Whale Insider (@WhaleInsider) October 21, 2025 Sharp Decline From July Highs XRP currently trades around $2.34, according to recent market 5 current level represents a decline of more than 35% from its July peak, showing that the asset has been unable to sustain the enthusiasm that pushed it to its all-time 6 that strong rally, selling pressure built as traders took profits and enthusiasm cooled in the absence of concrete regulatory or product 7 sell-offs also contributed to XRP’s decline, and many other top assets struggled as the broader market experienced 8 loss of upward momentum has changed the short-term outlook for many investors.
A 20% probability on Kalshi reflects more skepticism, indicating that traders see limited near-term catalysts capable of driving XRP above $4 before 9 are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 ETF Progress but No Approval Yet The state of spot XRP ETFs continues to influence sentiment across the digital asset 10 the 11 and Exchange Commission (SEC) has taken steps toward simplifying the approval process for spot crypto exchange-traded products, a specific spot XRP ETF has not been approved or 12 SEC’s new framework, introduced in September, allows exchanges to list certain spot-based crypto products under standardized rules , which could expedite future 13 the regulatory progress, XRP has yet to see a direct 14 appear to be waiting for a confirmed ETF launch or a broader shift in investor appetite before re-entering the market with 15 now, traders on Kalshi assign just a one-in-five chance that XRP will hit $4 or above this 16 lack of a spot ETF for XRP, combined with the digital asset’s recent downturn , suggests that institutional participation remains muted, and many retail investors are 17 : This content is meant to inform and should not be considered financial 18 views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s 19 are advised to conduct thorough research before making any investment 20 action taken by the reader is strictly at their own 21 Tabloid is not responsible for any financial 22 us on X , Facebook , Telegram , and Google News
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