#XRPETF
XRP Price Surge: Will SEC ETF Approval Spark a Major Rally?
The XRP community is abuzz with anticipation as discussions surrounding a potential U.S. Securities and Exchange Commission (SEC) approval of an #XRP exchange-traded fund (ETF) gain momentum.
However, experts attribute the recent 8% surge in XRP's price to scarcity-driven demand rather than ETF speculation. As market analysts predict a potential price range of $33 to $100 based on technical trends and past performance, the possibility of #XRPETF approval could act as a significant catalyst, propelling the price to new heights.
With the U.S. regulatory environment shifting in favor of crypto and recent SEC leadership changes, market participants are optimistic about substantial gains for XRP once regulatory clarity is established.