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Why XRP Could Beat Dogecoin, Solana In ETF Race And Trigger A Price Surge

April 17, 2025Updated:April 17, 2025No Comments3 Mins Read
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Why XRP Could Beat Dogecoin, Solana In ETF Race And Trigger A Price Surge
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Why XRP Could Beat Dogecoin, Solana In ETF Race And Trigger A Price Surge

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XRP stays one of the vital common cash available in the market, with a cult-like group that has supported it for years. With the bullish sentiment surrounding it, the altcoin has carried out fairly properly and continues to encourage assist. The latest developments for XRP have been the ETF filings that recommend it could be the following altcoin to get an SEC nod after Ethereum. The variety of filings additionally places it properly forward of investor favorites resembling Solana and Dogecoin within the working for the following ETF approval.

XRP ETF Filings Climb To 10

XRP ETF filings have been popping out of the market over the previous yr, particularly with the approvals of Ethereum Spot ETFs. These ETFs are anticipated to provide institutional buyers an official car to get correct publicity to the market. As Bitcoin and Ethereum ETFs have been executed and dusted, issuers have appeared to different massive cap altcoins to convey into the market.

Associated Studying

The subsequent favorites on the record have been XRP, along with heavy hitters resembling Solana, Dogecoin, and Litecoin. Nevertheless, within the race, XRP has clearly differentiated itself when it comes to curiosity, boasting twice as many filings as another altcoin.

In response to information from Kaito Analysis, there are at present 10 XRP ETF filings pending approval or rejection from the SEC. In distinction, there are 5 Solana ETF filings, 3 Litecoin submitting, and three Dogecoin filings. This reveals clearly that curiosity in XRP as the following altcoin to realize ETF approval is the best.

XRP ETFs
Supply: Kaito Analysis

Moreover, the SEC has acknowledged the XRP ETF filings from trade leaders resembling Grayscale. There are additionally filings from ProShares, Franklin Templeton, Bitwise, 21Shares, amongst others. Nevertheless, BlackRock has not made a transfer to file for an XRP ETF regardless of main the Bitcoin and Ethereum ETF campaigns.

However, the filings for XRP ETFs stay an enormous deal for the altcoinm and their approval may set off one other wave of worth hikes.

ETFs And The SEC Battle Conclusion

For a lot of, the key hindrance to an SEC approval of an XRP ETF was the continued battle between the crypto agency and the regulator, which started in 2020. Nevertheless, in March 2025, Ripple CEO Brad Garlinghouse introduced that the case was formally over.

Associated Studying

With this growth, expectations that the regulator will look favorably upon an XRP ETF are excessive. If the ETFs are accredited, even with a fraction of the Bitcoin ETF volumes, the XRP worth is predicted to blow up in response, with some analysts predicting that the altcoin’s worth may rise to the double-digits.

XRP price chart from TradingView.com
Worth strikes low with market | Supply: XRPUSDT on TradingView.com

Featured picture from Dall.E, chart from TradingView.com



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