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Home Analysis

Why XRP Might Beat Dogecoin, Solana In ETF Race And Set off A Value Surge

April 17, 2025
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Why XRP Might Beat Dogecoin, Solana In ETF Race And Set off A Value Surge
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XRP stays one of the vital common cash out there, with a cult-like group that has supported it for years. With the bullish sentiment surrounding it, the altcoin has carried out fairly nicely and continues to encourage help. The newest developments for XRP have been the ETF filings that counsel it may be the subsequent altcoin to get an SEC nod after Ethereum. The variety of filings additionally places it nicely forward of investor favorites resembling Solana and Dogecoin within the operating for the subsequent ETF approval.

XRP ETF Filings Climb To 10

XRP ETF filings have been popping out of the market over the previous 12 months, particularly with the approvals of Ethereum Spot ETFs. These ETFs are anticipated to offer institutional traders an official car to get correct publicity to the market. As Bitcoin and Ethereum ETFs have been accomplished and dusted, issuers have appeared to different giant cap altcoins to carry into the market.

Associated Studying

The subsequent favorites on the checklist have been XRP, along with heavy hitters resembling Solana, Dogecoin, and Litecoin. Nonetheless, within the race, XRP has clearly differentiated itself when it comes to curiosity, boasting twice as many filings as every other altcoin.

In line with information from Kaito Analysis, there are at the moment 10 XRP ETF filings pending approval or rejection from the SEC. In distinction, there are 5 Solana ETF filings, 3 Litecoin submitting, and three Dogecoin filings. This reveals clearly that curiosity in XRP as the subsequent altcoin to achieve ETF approval is the best.

XRP ETFs
Supply: Kaito Analysis

Moreover, the SEC has acknowledged the XRP ETF filings from business leaders resembling Grayscale. There are additionally filings from ProShares, Franklin Templeton, Bitwise, 21Shares, amongst others. Nonetheless, BlackRock has not made a transfer to file for an XRP ETF regardless of main the Bitcoin and Ethereum ETF campaigns.

However, the filings for XRP ETFs stay an enormous deal for the altcoinm and their approval might set off one other wave of value hikes.

ETFs And The SEC Battle Conclusion

For a lot of, the most important hindrance to an SEC approval of an XRP ETF was the continuing battle between the crypto agency and the regulator, which started in 2020. Nonetheless, in March 2025, Ripple CEO Brad Garlinghouse introduced that the case was formally over.

Associated Studying

With this improvement, expectations that the regulator will look favorably upon an XRP ETF are excessive. If the ETFs are accredited, even with a fraction of the Bitcoin ETF volumes, the XRP value is anticipated to blow up in response, with some analysts predicting that the altcoin’s value might rise to the double-digits.

XRP price chart from TradingView.com
Value strikes low with market | Supply: XRPUSDT on TradingView.com

Featured picture from Dall.E, chart from TradingView.com



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Tags: BeatDogecoinETFPriceRaceSolanasurgeTriggerXRP
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