XRP Price Prediction: XRP Set for July Breakout After $50M SEC Settlement Sparks ETF Speculation
The post XRP Price Prediction: XRP Set for July Breakout After $50M SEC Settlement Sparks ETF Speculation appeared on BitcoinEthereumNews.com. XRP is entering July with renewed strength, fueled by legal clarity, ecosystem upgrades, and growing optimism around a potential exchange-traded fund (ETF). As Ripple wraps up its long-standing legal battle with the U.S. Securities and Exchange Commission (SEC), analysts are eyeing a breakout moment for the XRP price, with technical indicators and market sentiment aligning in its favor. Ripple Settles with SEC, Lifts Legal Cloud The XRP community received a major boost as Ripple Labs reached a $50 million settlement with the SEC, officially ending a years-long lawsuit that had placed significant pressure on the XRP price. This amount is notably less than the initially projected $125 million, and it removes restrictions on institutional sales of the token. Ripple CEO Brad Garlinghouse hailed the settlement as a pivotal milestone, marking a fresh chapter for both Ripple and XRP. Source: Brad Garlinghouse via X With the legal uncertainty resolved, Ripple can now re-engage institutional partners, which is expected to provide fresh capital inflows and broader utility for XRP. This development is also viewed as a positive step toward wider crypto regulation clarity in the U.S., a factor that could benefit other digital assets beyond XRP. XRP ETF Buzz Gains Momentum The settlement has revived speculation about a possible XRP spot ETF. As President of The ETF Store Nate Geraci describes it, the removal of regulatory barriers makes XRP a more attractive option for large issuers like BlackRock. That is how Bloomberg analyst James Seyffart also views it, forecasting that an XRP ETF would witness $85 million pour in during a first week alone. Closing this chapter paves the way for a potential spot XRP ETF and opens the door for institutional players like BlackRock to enter. Source: Nate Geraci via X To put this into perspective, Bitcoin ETFs have already accumulated…
The post XRP Price Prediction: XRP Set for July Breakout After $50M SEC Settlement Sparks ETF Speculation appeared on BitcoinEthereumNews.com.
XRP is entering July with renewed strength, fueled by legal clarity, ecosystem upgrades, and growing optimism around a potential exchange-traded fund (ETF). As Ripple wraps up its long-standing legal battle with the U.S. Securities and Exchange Commission (SEC), analysts are eyeing a breakout moment for the XRP price, with technical indicators and market sentiment aligning in its favor. Ripple Settles with SEC, Lifts Legal Cloud The XRP community received a major boost as Ripple Labs reached a $50 million settlement with the SEC, officially ending a years-long lawsuit that had placed significant pressure on the XRP price. This amount is notably less than the initially projected $125 million, and it removes restrictions on institutional sales of the token. Ripple CEO Brad Garlinghouse hailed the settlement as a pivotal milestone, marking a fresh chapter for both Ripple and XRP. Source: Brad Garlinghouse via X With the legal uncertainty resolved, Ripple can now re-engage institutional partners, which is expected to provide fresh capital inflows and broader utility for XRP. This development is also viewed as a positive step toward wider crypto regulation clarity in the U.S., a factor that could benefit other digital assets beyond XRP. XRP ETF Buzz Gains Momentum The settlement has revived speculation about a possible XRP spot ETF. As President of The ETF Store Nate Geraci describes it, the removal of regulatory barriers makes XRP a more attractive option for large issuers like BlackRock. That is how Bloomberg analyst James Seyffart also views it, forecasting that an XRP ETF would witness $85 million pour in during a first week alone. Closing this chapter paves the way for a potential spot XRP ETF and opens the door for institutional players like BlackRock to enter. Source: Nate Geraci via X To put this into perspective, Bitcoin ETFs have already accumulated…
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