The potential rebound of #Xrp🔥🔥 amid the SEC's decision and institutional interest
According to Cointelegraph, the possible approval of a spot XRP exchange-traded fund (ETF) by the U.S. Securities and Exchange Commission (SEC) could trigger a significant rally for XRP. Despite two major developments in 2025, including XRP's candidacy for the 'Digital Asset Reserve' of the United States and Ripple Labs' settlement with the SEC, XRP has underperformed compared to the overall cryptocurrency market. From March 6 to May 22, the value of XRP decreased by 6%, while the overall cryptocurrency market capitalization increased by 10%. Traders remain optimistic about a potential rally of 45% to $3.50, supported by derivatives metrics indicating growing confidence.
