XRP ETF Raises 1.2 Billion but Faces a Major Test: The Real Exam Will Be in 2026

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【Crypto World】XRP’s recent performance is quite interesting—since November last year, the XRP ETF has attracted over $1.2 billion in funds, defying the overall sluggishness of the crypto market. Bitwise’s Chief Investment Officer Matt Hougan openly said that this demand “caught me off guard,” but he didn’t sit idle—he also tempered expectations, saying the real test is still ahead.

Honestly, XRP is quite different from the old-timers like Ethereum and Solana, which rely on stablecoins and DeFi. XRP’s core function is cross-border payments, which is its main strength. Hougan’s view is straightforward: whether XRP can truly take off depends on a key milestone in 2026. If the 《Clarity Act》 passes and Ripple can push XRP into real-world applications, that would be a game-changer. Conversely? The current ETF hype might fade away. So, whether this prosperity is genuine demand or just a flash in the pan remains to be seen over time.

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