📉 XRP dipped to $2.29 on May 23 after Trump reignited EU trade tensions and the SEC postponed decisions on key ETF filings, including CoinShares and Litecoin ETFs. These delays now extend to August 24, 2025, creating uncertainty in the crypto ETF space.
📝 While not outright rejections, the SEC’s move adds to the bottleneck stalling crypto ETF approvals in the U.S. With filings from Canary and WisdomTree also pending, expectations for more delays are growing.
🚀 Despite the turbulence, XRP remains fundamentally strong. The token surged 360% in the past year—from $0.51 to a high of $3 in January. It now trades around $2.35, showing resilience after yesterday’s brief drop.
🐋 Whales are circling. On-chain data shows the percent of stablecoins held by whales with $5M+ has jumped from 46% to 53%. This signals that big players are preparing to re-enter the market and possibly inject massive liquidity into XRP.
📊 With 10 XRP ETF filings still pending and bullish whale behavior growing, analysts believe XRP could reclaim $3 by the end of Q2 and possibly hit $4 by year-end—if market momentum and regulatory clarity align.
⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.
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