Is Now the Time to Buy Ripple? XRP ETF Approval Expected This Summer!

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This week, Ripple‘s XRP soared for the second time since late November and reached a peak of $3.40 yesterday. Investors are currently speculating heavily about the possibilities for Ripple, including the potential arrival of an XRP ETF in 2025. Data from Polymarket suggests that this could be approved by summer.

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Ripple’s digital token, XRP, experienced a second surge since late November this week, peaking at $3.40 yesterday. There is widespread speculation among investors about the potential future of Ripple, particularly the possibility of an XRP ETF launching in 2025. Data from Polymarket hints that such an approval could occur by summer.

What will Ripple do after breaking the $3 mark and approaching Trump’s inauguration on January 20th? In this article, we explore what we can expect from XRP this year and whether it’s a good idea to buy Ripple now.

What plans does Ripple have following its breakthrough past $3 and as it nears Trump’s inauguration on January 20th? Here, we examine potential XRP developments for the coming year and discuss whether purchasing Ripple at this time is advisable.

Polymarket ziet 68% kans op XRP ETF goedkeuring in 2025

On Polymarket, a Web3 platform, people can place bets on future events and earn money if their predictions are correct. At the moment, those betting on this platform see a 68% chance of an XRP ETF being approved in 2025.

From another perspective, the anticipated chance was at 58% this morning, before it soared to 71%. This suggests that investors have become increasingly optimistic about XRP.

Another poll suggests a potential XRP ETF before August 1, 2025. Currently, the predicted chance for an XRP by summer stands at approximately 51%.

Odds an $XRP ETF is approved this year are soaring.

71% chance.

— Polymarket (@Polymarket) January 16, 2025

When the Securities & Exchange Commission (SEC) gets a new chairperson on January 20th, the likelihood of an XRP ETF in 2025 might increase. The current SEC chairman, Gary Gensler, has repeatedly delayed deadlines for the approval of Bitcoin and Ethereum ETFs.

Paul Atkins, the emerging chairman, aims to protect both investors and innovation within the crypto sector. With Atkins’ arrival and that of President Trump, there’s a higher chance that crypto Exchange-Traded Funds (ETFs) will be approved more quickly.

Another advantage for Ripple could be the potential resolution of its ongoing legal case with the SEC. Led by Paul Atkins, the SEC may reach a conclusion without appealing again against Ripple, which could bring an end to this prolonged court battle.

XRP koers overstijgt $3 – Nu Ripple kopen?

This morning, the XRP rate stands at $3.25 following a 7% increase over the past 24 hours and a slight correction from its peak of $3.40. So far, it appears that Ripple may continue to rise today, but there is also a chance for further correction.

The Relative Strength Index (RSI) is approaching 80, which suggests a higher risk of a pullback. However, the hype around Ripple is quite predictable at this moment, implying that reaching its all-time high of $3,84 within the next few hours or days could be possible.

Following the previous correction around early December, XRP managed to consolidate above $2 again. If there is indeed a correction for XRP in January, we might see a similar scenario repeat itself.

As a crypto investor, I’m currently observing that the 30-day moving average (yellow line) is holding steady at around $2.40 and seems to be trending towards $3. This moving average could serve as an additional safety net in case of a larger correction.

Buying Ripple (XRP) could potentially yield significant returns in the long term, but on a short-term basis, be prepared for possible corrections. Despite its high market capitalization of $187 billion, the XRP ETF and the end of the Ripple lawsuit could lead to further price increases.

Welke altcoins gaan exploderen in Q1 2025?

As a crypto investor, I’m eagerly anticipating potential XRP ETF launches this year, which could lead to significant further growth for XRP. However, short-term gains might be limited given the substantial rise (over 500%) XRP has already experienced since its lows last year. Other altcoins may yield more immediate profits at this point in time.

Below, we’re examining three new cryptocurrencies that have garnered significant attention from the market. These altcoins are available at a low price during presale, but due to their popularity, they could potentially explode after their first Decentralized Exchange (DEX) launch. Their utility could also contribute to long-term growth.

Wall Street Pepe ($WEPE)

Wall Street Pepe ($WEPE) kicked off its pre-sale in December and has already raised an impressive $50 million. Currently, $WEPE is one of the most popular pre-sale tokens, suggesting it could explode after launch due to the high demand that remains.

WEPE token holders don’t just have the chance to sell their tokens for substantial profit, they also gain access to an exclusive community with elite trading insights. These insights might offer additional earning opportunities, making you want to keep your $WEPE tokens.

Hey. You. Wanna have a good time?

— Wall Street Pepe (@WEPEToken) January 16, 2025

Today, Memecoin is still available for a fixed low price of $0.00036649 per unit. The presale is expected to end soon, but before then, you can stake your tokens for an APY of 25%. If $WEPE skyrockets in value after the presale, these staking rewards will prove beneficial.

Nu naar Wall Street Pepe

Solaxy ($SOLX)

This week, I find myself back in the crypto game, and once again, Solana is a key player among the giants. The brand-new Solaxy, or $SOLX for short, is an exciting new blockchain that could ride the wave of Solana’s success. Its native token, $SOLX, raised over $10.8 million in its presale and offers access to this innovative new blockchain network.

Solaxy is the first Layer-2 solution on the Solana network, which contributes to the excitement it’s generating among investors. By using $SOLX, you gain access to a blockchain featuring cutting-edge projects, swift transactions, and low costs. Therefore, there’s a strong possibility that $SOLX could become quite valuable post-launch.

Today, you can still purchase this utility token for approximately $0.001602 each, but the price is expected to rise in a few hours. Early investors have the opportunity today to stake their tokens and potentially earn an APY of up to 325%. Don’t miss out on the launch of $SOLX as this project could significantly benefit from Solana’s success.

Nu naar Solaxy

Best Wallet Token ($BEST)

Many people only use a cryptocurrency wallet for storing their digital assets, but there’s more to it than that. Best Wallet is an intuitive wallet offering optional features to help you earn money with crypto. With the native Best Wallet Token ($BEST), you can maximize the potential of this wallet.

By keeping your $BEST tokens, you’ll upgrade to a premium status with Best Wallet, which grants you discounts on app features such as token swaps and FIAT conversions. Additionally, you’ll gain early access to new projects, higher staking rewards, and enjoy benefits from Best Wallet’s partners like bonuses.

Join the Best Wallet Airdrop!

Using Best Wallet, it’s a breeze to accumulate rewards. Finish daily activities, embark on fresh adventures, and witness your $BEST balance climb steadily.

No waiting, no fuss – just rewards!

Join now

— Best Wallet (@BestWalletHQ) January 14, 2025

You can buy $BEST at a price of $0.023625 per piece during the pre-sale, with less than 20 hours remaining before this price increases. Additionally, you have the chance to win free $BEST through the above-mentioned airdrop campaign. Furthermore, by staking your $BEST tokens during the pre-sale, you can earn a high Annual Percentage Yield (APY) of up to 248%.

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2025-01-17 13:20