thecryptobasic.com
As XRP price performance gradually improves, analysts are urging market participants to pay more attention to the coin amid promising signs.
In a tweet, analyst Davie Satoshi highlighted what he called a “textbook Elliott Wave structure” for XRP on the monthly log chart.
The wave count suggests that XRP has completed its corrective phase and is now entering wave 3 of a major 5-wave cycle. Historically, this phase of the Elliott pattern has been the most explosive.
Rail Acquisition and Stablecoin Push
One of the main catalysts is Ripple’s acquisition of Rail Financial and the launch of RLUSD stablecoin.
Davie noted that Rail already processes about 10% of all stablecoin transactions. Routing these flows through the XRP Ledger could significantly boost both utility and volume.
He sees this as a way for Ripple to scale On-Demand Liquidity (ODL) without relying heavily on traditional banks.
ISO 20022 and Regulatory Clarity
Another driver is the global rollout of ISO 20022 this November. The new payment messaging standard is being adopted worldwide by banks and financial networks.
RippleNet is already compliant, putting XRP in a position to serve as a bridge asset. On top of that, the conclusion of the SEC case has provided XRP with something most altcoins lack: full legal clarity. XRP is officially not a security, removing major barriers to institutional adoption.
ETF Filings Line Up for Approval
Furthermore, the analyst highlighted potential amplified institutional demand for XRP after the SEC approves the spot XRP ETFs.
Filings have been submitted by CoinShares, WisdomTree, Bitwise, 21Shares, Franklin Templeton, Grayscale, and Canary Capital. A decision window is in October, while ProShares has already launched an Ultra XRP futures ETF with 2× exposure on NYSE Arca.
An approval could trigger a wave of capital inflows similar to what was seen with Bitcoin ETFs.
Ripple’s Thunes Partnership
Davie also cited Ripple’s partnership with Thunes as another major expansion opportunity. Thunes operates across more than 100 countries, supports over 80 currencies, and connects more than 3 billion digital wallets.
Integrating ODL with this network positions XRP as a key bridge asset for remittances, payroll, and cross-border commerce.
At the same time, institutional accumulation of XRP is rising. Davie said hedge funds and family offices are now viewing the token as safe to hold.
Utility-Driven Rally
Amid these factors, the analyst argues that XRP’s growth potential is now rooted in utility, unlike in previous years, suggesting it may be more sustainable.
From global payments to stablecoin flows and new institutional corridors, XRP has multiple streams of adoption fueling demand.
Accordingly, Davie Satoshi believes it is now positioned for its strongest rally yet, backed by both technical indicators and real-world use cases.