The probability of a Spot XRP ETF approval by the SEC has significantly increased, yet the token price remains stable.
Chances of Spot XRP ETF Approval
Bloomberg analysts James Seyffart and Eric Balchunas have set the likelihood of a Spot XRP ETF approval at 95%. This positions XRP among the top contenders for approval alongside Litecoin and Solana.
Current Situation of XRP Price
Despite positive regulatory news, the price of XRP remains in a tight range, oscillating between $2.19 and $2.35. Without a breakout up or down, the token is likely to continue moving sideways.
Price Forecasts for XRP in 2025
According to CoinCodex, steady growth for XRP is expected by the end of 2025. In July, the price could range between $2.16 and $2.47, offering an 11.14% return for current buyers. Further price increases are anticipated in August and September.
The situation surrounding the Spot XRP ETF creates a positive environment for the market, yet the current status of the token price does not demonstrate much dynamism.
