$XRP Trading Update – February 22, 2025

$XRP is trading at $2.58, slightly down 0.03% intraday. Recent developments could impact its trajectory:

• SEC Lawsuit Dropped: The SEC has withdrawn its case against Coinbase, signaling potential regulatory easing.

• ETF Momentum: Brazil approved the first spot XRP ETF, and U.S. filings from CoinShares, Canary Capital, and WisdomTree are under review.

• Regulatory Shift: SEC Chair Gary Gensler’s resignation fuels optimism for a pro-crypto stance.

With increasing institutional interest and possible ETF approvals, $XRP could see significant movement. Traders should watch key resistance at $2.71 and support at $2.51 for breakout opportunities. 🚀