October could be one of the biggest months in XRP’s history. There are two huge decisions coming up that might change the game completely.
On one side, the SEC has to rule on several XRP ETF applications. On the other, Ripple’s national bank charter request is about to reach its deadline.
Both of these events could have a major impact on Ripple’s XRP price and its place in the broader crypto market.
ETF Decisions Loom Large
Starting October 18, the SEC has no choice but to make a call on the first wave of spot XRP ETF applications. Grayscale, 21Shares, Bitwise, Franklin Templeton, WisdomTree, CoinShares, and Canary Capital are all in line, with Grayscale’s conversion of its XRP trust into an ETF leading the pack.
The important thing here is that the SEC can’t delay Grayscale’s filing anymore. That means we’re going to see either an approval or a rejection, and if history repeats itself, the SEC could approve all the pending applications at once, just like it did for Bitcoin and Ethereum ETFs.
If ETFs do get the green light, XRP price could see a big boost. Remember what happened with Bitcoin? After ETF approval, BTC price shot up to $48,000 before pulling back to $38,000, and then kept climbing all the way past $116,000.
Some analysts think XRP could have a similar path, with Bloomberg’s Eric Balchunas even saying approval is basically guaranteed.
The new month, October, could be one of the most pivotal months in XRP history, potentially rewarding today’s holders massively.
— TheCryptoBasic (@thecryptobasic) October 1, 2025
For context, multiple ETF applications are awaiting SEC approval, and Ripple’s national bank charter is under review, with decisions due soon. As a…
Ripple’s Bank Charter in Play
ETFs aren’t the only thing on the table this month. Ripple also applied for a national bank charter back in July, and the 120-day decision window closes in October.
If Ripple gets approved, it would officially become a federally chartered bank in the U.S. That’s a big deal. It would give Ripple more authority in the financial world and also strengthen its push with the RLUSD stablecoin. This could make Ripple a much bigger player, not just in crypto, but in the traditional banking system too.
Price Predictions and Millionaire Dreams
Of course, all this news has sparked a wave of speculation about where XRP’s price could go. Kenny Nguyen thinks XRP could land anywhere between $22 and $50 after ETF approval. Steven McClurg from Canary Capital believes XRP could see $5 billion in inflows within just weeks, pushing the price into the $20–30 zone.
The XRP community is buzzing with dreams of millionaire status. Right now, fewer than 35,300 accounts hold at least 94,000 XRP, an amount that would cross the million-dollar mark if XRP hit $11. And if XRP ever reached $50, even someone holding 20,000 tokens could become a millionaire.
That said, it’s worth remembering how far that target is. To hit $50, XRP price would need to climb more than 17x from current levels. Ethereum’s experience shows it’s not always instant, even with ETFs, ETH took over a year to get back to its all-time high.
The Road Ahead
October has the potential to be massive for XRP, with both ETF approvals and Ripple’s bank charter decision happening within weeks. If both go through, it could completely reshape XRP’s future. But as always, expectations are sky‑high, and not every bullish scenario may play out right away.
What’s clear is this: the next few weeks could finally decide whether XRP price breaks out of its long slump or keeps moving sideways a little longer.