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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
Crypto analysis from Raoul Pal: We are waiting before a big rise.
Macroeconomist and founder of Global Macro Investor, Raoul Pal, stated that cryptocurrency investors need to be patient and are expecting a rise in the market, including altcoins.
"The market is currently in the waiting room..."
Pal, evaluating the market trends from his personal X account, wrote that cryptocurrencies are in a waiting phase:
"Let's also talk about those in the waiting room. A large part of the crypto ecosystem is currently in the waiting room... They are waiting to exit. The total3, excluding Bitcoin and Ether, is waiting for a rise. OTHERS outside the top 10 major coins are waiting to exit. Ether has risen to a certain extent. Following it will be Solana, and then Sui. While OTHERS will go later, Dogecoin will also go. I think XRP is in a transition process."
"An irrational rise period will come"
Pal, who stated that it is important to be patient and wait during such times, expressed that there will be a "irrational" rise period in the future:
"People should learn to be patient and to wait... The path is clear, but not everything will go exactly as planned. Don't expect that. The rate of increase in global liquidity will continue to rise. The US, EU, China, and Japan are constantly rolling over their debts. This means more monetary expansion... This will irrationally bring about a rise period."
Published: August 29, 2025 17:11Last Updated: August 29, 2025 17:19