Here's a rephrased version:
Breakthrough: SEC Drops Ripple Lawsuit, Paving Way for XRPETF and Potential $2 Floor
In a significant development, the SEC has voluntarily dismissed its four-year lawsuit against Ripple, removing a major hurdle for an ETF. This move has sparked a 3% rally in , pushing its price to $2.18. Bloomberg estimates a 95% chance of an XRP ETF launch before Christmas 2025. Wall Street is now eagerly anticipating the next big opportunity.
Key Takeaways:
- SEC drops lawsuit against Ripple, clearing path for XRP ETF
- XRP price surges 3% to $2.18
- 95% chance of XRP ETF launch before Christmas 2025 (Bloomberg)
- Wall Street expects a significant impact on the market
