A new pricing model suggests XRP could reach $600 if exchange-traded funds (ETFs) absorb 74.5 million XRP daily at an elasticity of 1. Investor Mohamed Bangura's model examines the impact of ETF demand on XRP's price over 180 days, predicting a surge to $600 within 45 days under these conditions.
XRP ETFs have shown strong performance, attracting $756.26 million in 12 trading sessions, including $89.65 million on December 1. This influx has led to the largest weekly inflow into XRP investment products, totaling $289 million last week.
XRP Price Model Predicts $600 Surge with ETF Demand
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