Current Date:February 22, 2025

Will SEC give ETF approval for XRP Coin? Here are three important factors that raise the price

The XRP CoIN increased by 14 %with the acceptance of the application of two XRP stock market investment funds (ETF) by the US Securities and Stock Exchange Commission (SEC). According to market analysts, the XRP can reach a new price summit next year.

While the hopes that Ripple has been approaching the end of the long -standing SEC case has increased, investors expect Ripple’s new Stablecoin to strengthen the market.

Three basic factors behind the XRP Coin rise

ACCEPTING ETF applications

XRP Coin is among many crypto assets that want to get approval of the stock market investment fund (ETF). However, Ripple gained an important advantage on February 13 when SEC accepted XRP ETF applications by Grayscale and NYSE.

Bloomberg analyst James Seyffart said that this development is largely expected, but the XRP ETF process is now officially started. With this development, XRP experienced a double -digit price increase.

On the other hand, JPMorgan previously predicted that an XRP ETF could have more than $ 8 billion input. However, Bloomberg’s ETF experts consider the probability of XRP ETF approval by the end of 2025 as 65 %.

Trump effect

Ripple managers think that Donald Trump administration will approach the crypto industry more positively.

In the beginning of 2025, Ripple CEO Brad Garlinghouse said that the US business volumes in the US grew much more than the previous six months in the last six weeks of 2024. Since October, the company has recruited about a dozen new position in the USA.

Ripple and SEC Case

Ripple is thought to be approached to the end in the legal process with SEC.

Last year, Judge Analisa Torres decided that the sale of XRP to individual investors did not violate US securities laws, but corporate sales were contrary to these laws. Ripple objected to charges of corporate sales.

G GSR Research Analyst Carlos Guzman said, “If the SEC’s appeal application is rejected, or if the new SEC management prefers to solve the case through reconciliation, it would be a great victory for Ripple.”

New product launch

Ripple continues to grow. In December 2024, the company launched the US Dollar Rlusd Stablecoin. Ripple aims to enter the $ 233 billion stablecoin industry.

CEO Brad Garlinghouse said today, “We expect stablecoins, especially Rlusd to adopt more,” said today, “the regulations in the United States began to become clear.” However, Rlusd has not seen the expected interest so far, and the market value ranks 29th among the stablecoins with $ 108 million.

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