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XRP(CRYPTO: XRP) has surged 40% since the start of the week, with traders debating whether $10 could be a target.
Why One Trader Says $10 Is Not Crazy
Market commentator crypto Patel posted on X that XRP has a history of moves that looked impossible before they happened.
In 2017 it went from $0.006 to over $3 when $3 seemed unreachable.
In November 2024 it ran from $0.50 to $2.60 in 30 days, a move most called impossible beforehand.
He argued the $0.60 to $1 accumulation zone, low fees, fast transactions, and real-world payment adoption now set up a similar path toward $10 to $20.
Why Goldman Sachs Coming Back Matters
Analyst Rednirav flagged on X that Goldman Sachs completely exited its XRP ETF position last quarter and then reloaded aggressively in Q2 2026, returning as the number one XRP ETF holder with $86.5 million across Bitwise, Franklin Templeton, Grayscale, Canary, and 21Shares products.
JPMorgan, Morgan Stanley and Bank of Americaalso disclosed XRP ETF positions in Q2.
Spot XRP ETFs pulled in $13.2 million in inflows Thursday pushing total assets under management to $1.17 billion and cumulative inflows above $1.53 billion
Weekly inflows reached $21.40 million with one session still remaining, the first time weekly inflows have crossed $20 million since the week ending June 26.
What Ripple Launched On the XRP Ledger
According to Scott Melker on X, Ripple is backing a new institutional credit fund alongside lending platform Clearpool and credit manager Cicada Partners to lend its RLUSD stablecoin to fintech and payments companies directly on the XRP Ledger.
Cicada manages credit risk, Clearpool builds the lending infrastructure, and Ripple participates as a limited partner on the same terms as other investors.
Borrowers receive and repay in RLUSD, creating direct demand for Ripple’s stablecoin while moving institutional lending onto XRPL.
The infrastructure is still being tested on a development network before going live on mainnet.
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