A surge in optimism is experienced by XRP as analysts expect a friendly shift in regulatory conditions following the upcoming leadership change at the Securities and Exchange Commission.
If the appeal of SEC against favorable court ruling of Ripple is dismissed or settled, it could remarkably boost the price of XRP, potentially leading to its inclusion in new crypto ETFs.
The chances of XRP becoming an ETF in near future appear promising according to a report. Ripple's recent legal wins and the anticipated regulatory changes under a new SEC leadership that is reportedly more crypto-friendly are the reasons for this optimism.
Several applications for XRP ETFs by some companies have been filed indicating a growing institutional interest.
With President-elect Donald Trump expected to appoint figures who are pro-crypto, sentiment of the market remains bullish, suggesting XRP could surge further in 2025.
Not financial advice.
It's me, @justmythoughts, an ordinary Hive user looking to make the most of the platform. I will appreciate your support. Follow me for more. Thanks, Gracias :)
Posted Using INLEO