Key Notes
- SEC begins prolonged evaluation course of for Grayscale’s XRP ETF utility.
- Analysts count on ETF approval choices no sooner than late Q2.
- XRP holds regular at $2.35 with minimal day by day value change.
The U.S. Securities and Alternate Fee (SEC) has postponed its determination on Grayscale’s application for a spot XRP
XRP
$2.22
24h volatility:
0.8%
Market cap:
$129.99 B
Vol. 24h:
$2.17 B
exchange-traded fund (ETF). As per regulatory norms, the company has initiated formal proceedings to hunt public feedback and conduct deeper evaluation.
This delay doesn’t come as a shock to most consultants. Bloomberg ETF analyst James Seyffart commented that such choices often comply with the total evaluation window laid out below Rule 19b-4.
In keeping with Seyffart, a lot of the XRP-related ETF purposes have ultimate deadlines in October, and any early verdicts would break from historic traits.
Lotta questions. Replying right here:
The SEC *sometimes* takes the total time to reply to a 19b-4 submitting. Virtually all of those filings have ultimate due dates in October. Early choices would the motion that’s out of the norm. Irrespective of how “Crypto-friendly” this SEC is
There’s no…
— James Seyffart (@JSeyff) May 20, 2025
He famous that some XRP funds are due for updates quickly, however significant choices, significantly approvals, are extra realistically anticipated between late Q2 and early This fall.
XRP Worth Outlook
In the meantime, XRP continues to commerce close to $2.35 with no important 24-hour motion. The weekly XRP chart hints at a possible breakout much like early phases of a late-2024 bull market sample. That rally noticed XRP rocket greater than 500% inside just a few months after breaking above a long-standing descending triangle.
Market watchers are actually hoping for related bullish momentum. Blockchain knowledge reveals that addresses holding between 10 million and 100 million XRP have elevated their holdings from 7.56 billion to 7.67 billion tokens over the previous 5 days.
On the day by day XRP value chart, the RSI is at the moment sitting round 51, indicating equal strain from patrons and sellers. This implies that the fourth-largest cryptocurrency wants contemporary shopping for quantity to proceed its bullish trajectory.
XRP value chart with RSI and Bollinger Bands | Supply: Buying and selling View
Bollinger Bands have not too long ago expanded, with XRP buying and selling near the mid band (20-day SMA), hinting at a interval of short-term consolidation. If the cryptocurrency fails to carry this degree, it may fall to the decrease band round $2.05.
The Transferring Common Convergence Divergence (MACD) can also be due for a bullish crossover with bars at the moment printing crimson. This often signifies weakening momentum, however a breach above the $2.51-$2.72 band may send XRP to $3.
XRP value chart with MACD | Supply: Buying and selling View
Notice: it is a sponsored message from our companions
Whereas XRP navigates market volatility, one other undertaking, Subbd, is slowly gaining consideration within the content material subscription house. Subbd goals to reshape the $85 billion content material economic system by providing an AI-powered, tokenized platform for creators and their followers.
With Web3 integration, Subbd empowers creators by means of automation instruments that simplify content material supply, whereas followers acquire unique, interactive entry.
$SUBBD Tokenomics and Presale
Subbd’s Ethereum-based native token, SUBBD, fuels the platform by providing premium content material, staking rewards, and AI-driven utilities. Holders can stake SUBBD tokens to unlock advantages like behind-the-scenes content material, personal livestreams, and premium drops.
The platform has already raised $465,670, with just some hours left earlier than the token’s value will increase.
Presale Snapshot:
- Present Worth: $0.0554
- Quantity Raised: $465,670
- Ticker: SUBBD
- Blockchain: Ethereum
With restricted time earlier than the following enhance in value, Subbd is a undertaking price watching, particularly for these in search of publicity to AI-led innovation in digital subscriptions.
Disclaimer: Coinspeaker is dedicated to offering unbiased and clear reporting. This text goals to ship correct and well timed data however shouldn’t be taken as monetary or funding recommendation. Since market circumstances can change quickly, we encourage you to confirm data by yourself and seek the advice of with knowledgeable earlier than making any choices based mostly on this content material.
A crypto journalist with over 5 years of expertise within the business, Parth has labored with main media shops within the crypto and finance world, gathering expertise and experience within the house after surviving bear and bull markets through the years. Parth can also be an creator of 4 self-published books.
