- Polymarket predicts a 70% chance of XRP ETFs getting approved in 2025
- The potential approval of XRP ETFs is attributed to the new pro-crypto leadership at the SEC under Paul Atkins
- Ripple CEO Brad Garlinghouse lauds the “Trump effect” for jumpstarting innovation and job growth in the US crypto industry
Polymarket, the world’s leading prediction market, has recently made predictions about the fate of Ripple (XRP ETFs) in 2025. The platform’s prognosis has sparked renewed interest and speculation in the crypto community, as it weighs the odds for XRP ETFs being approved this year.
The Transformative Phase of Ripple XRP
Ripple XRP is currently undergoing a significant transformation. The token has garnered immense bullish traction due to several new developments, such as the launch of the RLUSD stablecoin. This move has been crucial for XRP, aiding in stabilizing its price momentum. Alongside this, the change in the US SEC‘s regime has contributed substantially to XRP’s price progression. Speculation about an XRP ETF launch has now intensified, raising questions about whether this development could reignite XRP’s market traction.
Polymarket’s Prediction for XRP ETF in 2025
Polymarket, renowned as the world’s largest prediction market, has revealed its latest forecast for XRP. The platform has predicted a 70% chance of XRP ETFs being approved this year. This statistical point has significantly buoyed the spirits of XRP enthusiasts who have long awaited the XRP ETF rollout.
The Impact of the New SEC Chair on XRP
The likelihood of XRP ETFs being approved has increased due to a transformative regime change set to take effect from January 20. The incoming pro-crypto SEC chair, Paul Atkins, has investors speculating that XRP may reach new heights under his leadership.
The Trump Effect and Ripple’s Future
In a recent tweet, Brad Garlinghouse, CEO of Ripple, expressed optimism about the future of Ripple under the Trump era. He believes that this period will be highly beneficial for innovation and job progression within the demographic. He also shared that Ripple has signed more US deals in the last six weeks of 2024 since the election than in the previous six months, highlighting the positive impact of the Trump effect on the crypto industry.
Conclusion
In conclusion, Polymarket’s predictions and the impending change in the SEC regime have sparked a wave of speculation about XRP’s future. As the crypto industry awaits the potential approval of XRP ETFs, the year 2025 could prove pivotal for Ripple and its community.
