Key Notes
- SEC begins prolonged evaluate course of for Grayscale’s XRP ETF software.
- Analysts count on ETF approval selections no sooner than late Q2.
- XRP holds regular at $2.35 with minimal day by day worth change.
The U.S. Securities and Change 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 selections often comply with the total evaluate window laid out underneath Rule 19b-4.
In accordance with Seyffart, many of the XRP-related ETF functions have last deadlines in October, and any early verdicts would break from historic developments.
Lotta questions. Replying right here:
The SEC *sometimes* takes the total time to reply to a 19b-4 submitting. Nearly all of those filings have last due dates in October. Early selections 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 selections, significantly approvals, are extra realistically anticipated between late Q2 and early This fall.
XRP Value 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 just like early levels 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 comparable bullish momentum. Blockchain information 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 worth chart, the RSI is at present sitting round 51, indicating equal strain from consumers and sellers. This implies that the fourth-largest cryptocurrency wants recent shopping for quantity to proceed its bullish trajectory.
XRP worth chart with RSI and Bollinger Bands | Supply: Buying and selling View
Bollinger Bands have lately 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 be due for a bullish crossover with bars at present printing purple. This often signifies weakening momentum, however a breach above the $2.51-$2.72 band may send XRP to $3.
XRP worth chart with MACD | Supply: Buying and selling View
Observe: it is a sponsored message from our companions
Whereas XRP navigates market volatility, one other challenge, 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 via 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 worth will increase.
Presale Snapshot:
- Present Value: $0.0554
- Quantity Raised: $465,670
- Ticker: SUBBD
- Blockchain: Ethereum
With restricted time earlier than the subsequent improve in worth, Subbd is a challenge price watching, particularly for these looking for 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 an expert earlier than making any selections based mostly on this content material.
A crypto journalist with over 5 years of expertise within the business, Parth has labored with main media retailers within the crypto and finance world, gathering expertise and experience within the house after surviving bear and bull markets over time. Parth can be an writer of 4 self-published books.
