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- Anjali Belgaumkar
Anjali Belgaumkar
Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.
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Qadir AKQadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.
- Nov 14, 2025 03:41 UTC
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XRP Price News: Canary Capital CEO Reveals When XRP Will Hit $10
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XRP $ 2.11 (-4.10%) 
XRP’s new XRPC ETF smashes debut records with $59M volume, signaling strong institutional demand and accelerating mainstream adoption.
Canary Capital’s CEO says extreme XRP targets are unrealistic—but confirms $10 in 3–4 years is achievable as utility and ETF demand grow.
Canary Capital’s spot XRP ETF (XRPC) officially launched yesterday and it is already the biggest ETF debut of the year. The product surpassed $BSOL’s previous record, posting more than $59 million in first-day trading volume, according to analysts tracking the launch.
Speaking after the milestone, Canary Capital Founder and CEO Steven McClurg discussed what the XRP ETF means for investors, how demand may evolve, and what realistic long-term price targets look like.
Why the XRP ETF Is Different
In an interview with Crypto Prime, McClurg explained that XRP is not like Bitcoin or Ethereum. Instead, the XRP Ledger is a payments-focused network designed as a financial rail for fast, low-cost value transfer.
He explained that the technology was built to solve real-world remittance problems, including high fees charged by banks and services like Western Union. In many countries, workers sending money home face fees between 8% and 15%, which McClurg described as a “global tax on the working class.”
The XRP Ledger, he said, offers near-instant settlement and much cheaper transfers, making it a strong candidate for global payment infrastructure.
- Also Read :
- XRP Price Prediction As First-ever Spot XRP ETF Records $26 Million in Early Trading Volume
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Can XRP Reach $10, $35, or Even $1,000?
When asked about price projections circulating in the community, including predictions of $1,000 or even $10,000 per XRP, McClurg issued a warning, calling those extreme values “very high numbers.”
XRP reaching Bitcoin’s current market cap of around $2 trillion would imply a price near $35, but such a move would require enormous global adoption.
However, he was clear that $10 is not unrealistic.
“Given XRP’s current ecosystem and its role in global payments, I don’t think $10 is unrealistic at all. That is something achievable in the next three to four years,” McClurg said. “
ETF Demand Could Be the Catalyst
With XRPC posting record-breaking volume and beating all other ETF launches of 2024, analysts say demand is already exceeding expectations. McClurg says the ETF structure will help mainstream investors understand XRP’s real-world utility and potentially accelerate adoption.
As more institutions gain exposure to XRP through regulated products, he expects interest and liquidity to steadily increase.
For now, the community is celebrating both the successful ETF debut and McClurg’s confirmation that double-digit XRP is a realistic possibility, not a fantasy.
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FAQs
The XRP ETF focuses on a payments-driven asset built for fast, low-cost transfers, offering investors exposure to real-world financial utility.
Strong interest came from investors seeking regulated exposure to XRP, helping the ETF post the year’s biggest debut with unusually high liquidity.
XRP enables near-instant, low-fee transactions, making it useful for remittances and cross-border payments where traditional services often cost more.
Yes. The ETF makes XRP accessible to mainstream investors, potentially increasing adoption, liquidity, and interest from institutions over time.
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