XRP’s anticipated surge to double digits is merely delayed, not denied, according to market expert Zach Rector.
While the excitement surrounding XRP’s possibility to hit double digits remains strong, the ongoing U.S. government shutdown has stalled the approval process for a U.S. spot ETF. The delay has led to speculation that institutional capital, which many believe would push XRP’s price to double digits, is currently on hold.
You can only delay the inevitable for so long. After this government shutdown ends the XRP ETFs are going live. We will be well on our way to double digits.
— Zach Rector (@ZachRector7) October 6, 2025
The U.S. government shutdown has forced the SEC to suspend most routine operations, including the approval of cryptocurrency ETFs. With the SEC operating with a small staff due to the furlough of federal employees, the process of approving a U.S. XRP spot ETF has come to a halt. This pause in approval has temporarily slowed the momentum for XRP’s price rally toward double digits.
Rector explains that while the current situation has delayed the process, it is not a permanent setback. He points out that once the government shutdown ends, the SEC will likely resume its operations and approve the long-awaited XRP spot ETF, which would unlock big institutional capital.
Rector’s Optimistic Prediction for XRP’s Price Surge
Despite the setback, Zach Rector maintains a positive outlook on the price of XRP. He predicts that upon the ETF approval, XRP’s price could surge to at least $10. Rector’s optimism aligns with broader market sentiment that the arrival of dedicated U.S. XRP ETFs will trigger a rush of institutional investment, driving XRP to new heights.
In the past, the launch of cryptocurrency ETFs has been a key catalyst for price surges in digital assets. With institutional investors keen to gain exposure to XRP, the approval of these ETFs could mark a major turning point for the asset.
Meanwhile, data from Santiment supports this view, showing that institutional wallets have been actively accumulating XRP. In August, institutional investors acquired $1 billion worth of XRP, and in the first week of October, they added another $750 million to their stash. This growing demand among institutional players is seen as a strong indicator of the potential for a price surge following the ETF approvals.
The CoinRemark Team
