#SECETFApproval
The SEC's approval process streamlining for cryptocurrency ETFs could positively impact XRP. With a potential approval timeline of 6-12 months, XRP ETFs might be approved by mid-2025. The SEC's pending appeal in the ongoing legal battle with Ripple Labs will heavily influence the ETF approval process.
Market predictions suggest XRP's price could rise to $5.50 by the end of 2025 and reach $8.00 by 2026, with a target of $12.25 by 2029, assuming ETF approval. Institutional investment could also increase, with potential inflows exceeding $8.3 billion by 2026.
Currently trading at $2.33, XRP's price reflects growing investor confidence in potential ETF approval. The outcome will depend on the SEC's appeal and market trends, but XRP's future looks promising with potential ETF approval on the horizon