XRP prices began to rise following the SEC's announcement of its inclusion in the Nasdaq Crypto US Settlement Price Index. This decision has sparked renewed interest in altcoin ETFs.
SEC Approval and Market Impact
The U.S. Securities and Exchange Commission (SEC) has approved the update of the Nasdaq Crypto US Settlement Price Index, now including XRP, Solana (SOL), Cardano (ADA), and Stellar (XLM). This decision opens new opportunities for creating investment products based on these assets.
XRP Price Growth Prospects
Technical analysts indicate a potential continuation of the long-term price cycle for XRP. Analyst Egrag Crypto predicts price growth in July 2025, with a possible peak between $27 and $39, which could represent an increase of over 2500% from current values.
Shifts in Institutional Investments Toward Altcoins
With the approval of an Ethereum ETF, investor attention is shifting to altcoins like XRP, ADA, and SOL. Should ETFs for these altcoins be approved, it is expected to lead to institutional investments and more stable prices in the market.
With SEC approval and growing interest from institutional investors, XRP and other altcoins appear poised for significant price increases.
