The XRP community is eagerly awaiting the SEC’s January 15 appeal deadline and its potential impact on the ETF. Notably, in November, the agency requested an extension to file its appeal by early January, and the delay was due to await the results of the US election. Will the appeal be dismissed? However, with the arrival of the pro-crypto Trump administration and Paul Atkins as the incoming SEC chairman, there is growing doubt as to whether the agency will move forward with the appeal and whether there is a chance to rebuild trust and bring much-needed clarity to the industry. It is worth noting that the regulator could clarify the security status of XRP and accelerate the chances of approval of ETFs if the appeal is rejected. So far, the agency has only approved Bitcoin and Ethereum ETFs because they are not considered securities. However, the market has remained hopeful that the new administration will approve several altcoin ETFs in 2025, such as Solana and XRP. When that happens, it will unleash incredible gains that most people cannot even comprehend, adding to the bullish momentum in the market and giving a boost to cryptocurrencies in 2025.
