Ripple continues to assert its position in the cryptocurrency market through new initiatives and regulatory changes. Key elements include a potential ETF launch and growing market capitalization.
XRP ETF Launch: Expectations and Prospects
Ripple President Monica Long is optimistic about a soon-to-be-launched exchange-traded fund (ETF) for XRP. She believes it could be the next major crypto ETF following Bitcoin and Ethereum. An evolving regulatory environment in the U.S. could expedite the review and approval process. Companies such as Bitwise, 21Shares, Canary Capital, and WisdomTree have already submitted applications for XRP ETFs with the SEC.
XRP's Market Cap Growth in 2025
XRP began the year by briefly securing the third spot in market capitalization on Coinmarketcap, driven by favorable market conditions and new regulations like MiCA in the European Union. These changes posed compliance challenges for issuers like USDT, permitting XRP to temporarily surpass it.
Impact of Remittix on the DeFi Market
A promising player in the market is Remittix, a platform providing seamless cross-border payment solutions in the DeFi sector. It enables crypto-to-fiat exchanges without extra fees, making it increasingly popular among users.
Ripple continues to solidify its market presence by initiating new ventures like XRP ETFs and adapting to regulatory standards, potentially driving its market cap and sustainability higher.