XRP ETF Debuts in Canada – Is 2025 XRP’s Year of Success?

The recent introduction of two XRP-focused ETFs on the Toronto Stock Exchange has sparked a surge in XRP on-chain activity and institutional interest in Canada, leading experts to suggest that 2025 could be a standout year for XRP.

One of the key drivers behind this surge was the launch of spot XRP ETFs by Purpose Investments and 3iQ on June 18, 2025. These ETFs offered attractive features such as fee waivers and eligibility for registered accounts like TFSAs and RRSPs. Following the launch, XRP experienced a nearly 7% intraday spike, outperforming even Bitcoin.

The explosion in on-chain metrics has also contributed to the growing interest in XRP. Daily active XRPL addresses skyrocketed from around 40,000 to an all-time high of 295,000 in 2025. Additionally, the number of whale wallets holding more than 1 million XRP has reached approximately 2,700, with each wallet representing over $2.25 million.

Analysts at Bitget have projected that XRP could reach $5 by the end of 2025, with chart patterns indicating potential targets between $4.80 and $8.00. Broader estimates suggest that XRP could range from $3 to $10 during this cycle.

Several factors point to 2025 as a promising year for XRP. The resolution of the SEC lawsuit in March has provided greater regulatory clarity, instilling confidence among institutional investors. The accessibility of ETFs in Canada has also played a significant role in attracting retail, institutional, and global investors to XRP. Moreover, the significant increase in daily active users and whale accumulation hints at a robust growth in the XRP ecosystem. Technical indicators suggest a bullish outlook, with the potential for XRP to reach mid-single or even double-digit levels.

However, there are certain risks to consider. Regulatory delays, particularly in the U.S., could impact the growth of XRP. Macro factors such as rising U.S. yields or a stronger dollar may also affect its performance. Additionally, liquidity concerns related to XRPL’s DeFi-TV L, which currently stands at around $60 million, could limit the spillover effects of on-chain momentum.

In conclusion, the launch of XRP ETFs in Canada has set the stage for an exciting year for XRP. With strong technical indicators and growing regulatory acceptance globally, it is plausible that XRP could reach the $5 to $8 range by the end of 2025. Watch out for regulatory developments in the U.S., as they are likely to be a key driver for XRP’s future milestones.