SEC Drops Ripple Probe, XRP ETF Decision Looms

XRP has gained momentum amid speculation over the SEC's review of WisdomTree's application for a spot XRP ETF in the U.S., with the decision expected within 240 days. Investor confidence surged after the SEC dropped its investigation into Ripple Labs in March 2025, resulting in a 10% price increase for XRP. Technical indicators such as a breakout from a falling wedge and rising active addresses point to bullish sentiment and increased adoption. Global cryptocurrency regulations are tightening, but XRP is seen as well-positioned due to its infrastructure and use as a bridge currency. Analysts and the XRP community are targeting a $5 price, though market reactions remain cautious because of continuing regulatory uncertainties. The ETF outcome is widely viewed as a potential precedent for other crypto assets beyond Bitcoin and Ethereum.