#SECETFApproval

The streamlined SEC approval process for cryptocurrency ETFs could positively impact XRP. With a potential approval timeline of 6-12 months, the XRP ETF may be approved by mid-2025. The unresolved appeal by the SEC in the ongoing legal battle with Ripple Labs will significantly affect the ETF approval process.

Market predictions suggest that the price of XRP could rise to $5.50 by the end of 2025 and reach $8.00 by 2026, with a target of $12.25 by 2029, assuming ETF approval. Institutional investment could also increase, with potential inflows exceeding $8.3 billion by 2026.

Currently trading at $2.33, the price of XRP reflects growing investor confidence in