Analyze XRP
According to data, the probability of XRP spot ETF approval skyrocketed to 92% in 2025 (an increase of 22% since early May), and investor enthusiasm is at an all-time high.
Key drivers:
Legal obstacles cleared: In March 2025, the SEC withdrew its lawsuit against Ripple. Although the settlement signing was delayed due to document issues, market confidence has been restored.
Futures market warming up: The CME's XRP futures ETF launched in mid-May performed well, validating market maturity.
Market response:
Several asset management companies have submitted ETF applications, with market expectations for approval within the year.
XRP price strengthened in the short term, rising by 6% at one point within 24 hours, currently quoted at $2.23 (an increase of 1.63%), signaling a buying opportunity.
Potential impact:
If the ETF is approved, it may attract more institutional funds, enhance XRP liquidity and market recognition, and provide a reference for the compliance of cryptocurrencies. However, the SEC's final decision remains uncertain, and regulatory developments should be closely monitored.
#XRP