Bitcoin

Can It Rebound After Recent Dip and SEC Delays?

The XRP price took a blow of $ 2.48 and fell to $ 2.29 early in the morning on May 23, when President Donald Trump displayed a tweet rethinking trade tensions, showing an apparent anger towards the European Union.

On the same day, another shock came from Bloomberg analyst, James Seyffart, who confirmed that, according to a file of May 22, the American Commission for Securities and Exchange (SEC) had again postponed its final decisions to two funds negotiated on the Stock Exchange (ETF).

Continue to read to find out more, the XRP price will be assigned here or not.

Regulatory delays and market impact

The ETF affected by the recent action of the dry were coinshares XRP and Litecoin ETF. However, the SEC constantly has its decisions on proposals. Now the dates extend from May 26 to August 24, 2025.

These decisions follow a dry model applying longer deadlines to examine the risks of crypto -based financial products and legal compliance. Although these are not refusals, they represent a cap of regulatory strangulation which continues to slow down the launch of ETF of digital assets Spot in the United States.

In addition, with the XRP applications of Canary and Wisdomtree later due this month, the wait is clear that more delays could arrive. Crypto ETF may have started slowly, but they are rushing now.

The XRP of Ripple is already surrounded by media threshing after the blockchain company won a partial victory against the Commission. Recent blows do not change its forecast of long -term prices, however, XRP undoubtedly remaining one of the strongest tokens on the basically strong market.

XRP / USD price boardXRP / USD price board

The XRP price jumped 360% in the past year, going from $ 0.51 in November 2024 to around $ 2,43 on May 23, 2025. In the meantime, it also eliminated the bar of $ 3 in January 2025. Now, during writing, the XRP Price Trades at $ 2.35, slightly recovering from yesterday $ 2.29 bulls do not facilitate invoices.

Whale activity and future projections for the XRP price

In addition, data on the chain stress that the “percentage of the total stablecoin offer owned by whales with more than $ 5 million” increased from 46% to 53% for XRP. These data mean that these “whales” effectively park a significant amount of capital in stable assets.

This change is considered optimistic for XRP because it implies that these main actors constitute substantial reserves of deployable capital. They generally use stablescoins as a staging field, preparing to execute large volume volume purchases such as XRP Crypto when they identify favorable entry points or anticipate the upward time.

Percentage of the total stablecoin offer owned by whales with more than $ 5 millionPercentage of the total stablecoin offer owned by whales with more than $ 5 million

Their Stablecoin increased holdings suggest an intention to inject significant purchase pressure on the XRPCRYPTO market, signaling strong underlying confidence in its future performance and its appreciation potential.

XRP’s demand is therefore strong, and with the market still awaiting ten applications for ETF XRP based on the United States, we could see massive movements for the room later in the year. On this basis, we were able to see the XRP reaching $ 3 easily by the end of the T2 and $ 4 by the end of the year.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button