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Markets: 112919
Market Cap: $ 3 752 086 751 938 /
24h Vol: $ 416 112 816 257 /
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Dominance: 60.08963291637%
News
It’s Not Just About ETFs: A Look at the Three Pillars of the Current XRP Bull Case
- The bull case for XRP is now driven by three key factors: ETF filings, corporate adoption, and utility.
- A key SEC decision on the Franklin Templeton spot XRP ETF is expected on June 17.
- Within the corporate sector, NASDAQ-listed Weebis has announced a $300M XRP treasury.
XRP now has all the markings of an imminent breakout from a combination of three key drivers: rising institutional interest in a spot ETF, growing adoption as a corporate treasury asset, and expanding real-world utility in global payments.
This multi-faceted XRP bullish thesis is gaining traction among analysts, even as the token trades in a stable range. At press time, XRP is priced around $2.25, give-or-take, with a market cap of $132.5 billion, but a look beneath the surface reveals several major catalysts on the horizon.
XRP ETFs: Key SEC Decision Looms as Major Firms Line Up
Excitement is building around the potential approval of a spot XRP ETF in the U.S. Notably, on June 17, the US Securities and Exchange Commission (SEC) is set to announce its decision on Franklin Templeton’s XRP spot ETF filing. On prediction platform Polymarket, the odds of an XRP ETF approval in 2025 stand …
The post It’s Not Just About ETFs: A Look at the Three Pillars of the Current XRP Bull Case appeared first on Coin Edition.
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