The first XRP-based ETF in the U.S., a hybrid fund by Rex Shares and Osprey Funds (ticker XRPR), has grabbed attention but for Thai investors, XRP already made headlines independently. Thailand’s Securities and Exchange Commission confirms that in August 2025, XRP soared about 390% year-on-year, far outpacing Bitcoin, gold, equities, and other major asset classes. It’s now been Thailand’s top asset for nine consecutive months (CoinTelegraph, Cryptonews).
Why Thailand Matters for XRP
If you’re looking into coolest crypto to purchase in 2025, XRP may well be high on that list – not just because of its U.S. ETF news, but due to its regional dominance in Asia markets like Thailand.
According to Bitget, with $8.2 billion in trading volume in August, XRP’s performance in Thailand shows strong retail interest (42 % of activity), followed by institutional and foreign investors.
Local policies, regulatory clarity, and Thailand’s crypto infrastructure (exchanges, licensing etc) have given XRP an edge among Thai investors, who seem to favor it over more traditional assets and even over Bitcoin in recent months.
Back to the XRP ETF & Global Context
The U.S. hybrid XRP ETF signals increasing institutional acceptance, but Thailand’s experience suggests XRP’s strength isn’t just about ETFs. It’s about ground-level demand, regulatory tailwinds, and visibility in markets that may be underrepresented in global narratives.
The ETF holds a mix of derivatives and foreign XRP exposures – a more complex structure than plain spot exposure. That matters for risk, but also for potential reward if the XRP momentum continues globally.
Technical Indicators & XRP Momentum
At the time of writing, current price of XRP is $2.82, trading in a neutral-to slightly bearish near-term environment. According to Bitget, XRP’s RSI(14) stands around 49, which suggests the market is neither overbought nor oversold — momentum is weak.
The MACD(12,26) is slightly positive (~0.0176), indicating a mild upward bias, but the signal line remains close, so bullish confirmation is fragile.
Moving averages are mostly signaling resistance: shorter-term EMAs/SMA (10- to 50-day) are above the price, acting as obstacles, while the 100- and 200-day averages are a bit lower, offering possible support. If XRP breaks above the ~USD 3.05 resistance zone with rising MACD momentum, a move toward USD 3.30-3.40 could follow. If not, price may test support down in the USD 2.50-2.60 range.
Long-term Forecast: Where XRP Could Go
ChatGPT’s projection, which blends Thailand’s unique local momentum with the broader wave of ETF developments in the U.S., points to a scenario where XRP could surpass its previous all-time high before the end of 2025. The psychological target of USD 5 is increasingly seen as achievable, provided that market conditions remain favorable and no disruptive shocks hit the global economy or the crypto sector.
This optimism is not based on hype alone. Several interconnected factors are driving the outlook. This is what ChatGPT has outlined:
Thai retail demand: Local investors continue to buy XRP in record amounts, making it the top-performing asset in Thailand for nine consecutive months. This persistent inflow creates strong baseline demand that can stabilize prices even when global markets wobble. Institutional adoption: The launch of the U.S. hybrid ETF and expectations of spot XRP ETFs open the door for large funds and asset managers to allocate capital to XRP — something retail traders alone could not sustain at scale. Global liquidity: Thailand’s strong showing makes it a test case for how XRP performs when given regulatory clarity. If other Asian markets follow, liquidity could expand rapidly across the region. Macro environment: The Federal Reserve’s recent rate cuts, coupled with declining inflationary pressures, create a friendlier environment for risk assets. This has historically been a catalyst for crypto rallies. |
In other words, Thailand may provide the spark, but the global market will provide the fuel. If both work in tandem, XRP has a realistic chance to push beyond its old record highs. Analysts warn, however, that volatility will remain extreme — a move from USD 3 to USD 5 represents not just steady growth but also rapid, sentiment-driven swings.
Ultimately, the projection is bullish but conditional: XRP needs Thailand’s retail enthusiasm to persist, U.S. ETF adoption to expand, and macro policy to stay accommodative. If these align, 2025 could mark a historic year where XRP not only reclaims its old peak but sets new benchmarks for price and adoption.
For deeper insights into why XRP stands out as one of the top crypto assets to buy, check out the original Thai article on Cryptodnes.bg/th, which offers a full analysis and explains how this ties into XRP’s growing momentum across Asia.