$XRP XRP is currently trading around $2.36, showing a slight decline of 1% on May 20, following a 2.01% drop the previous day.

Technical analysis indicates that a breakout above the May 12 high of $2.6553 could trigger a rally toward $3, with the potential to reach a record high of $3.55.

Meanwhile, the SEC has delayed decisions on multiple spot #XRPetf proposals, including those from 21Shares and Grayscale. The delay comes as the SEC continues its extended review to ensure regulatory compliance, prevent fraud, and protect investors.

Though such delays are routine, Bloomberg ETF analyst James Seyffart notes that approvals are unlikely before Q3 2025.