Will an XRP ETF Send Prices Flying? Incoming SEC Chair Faces 70 Crypto Filings

The XRP price has dipped by 1.5% in the past 24 hours, dropping to $2.09 on a day when the crypto market has also suffered a 1.5% decline.

XRP is now down by 2.5% in a week but up by 12% in a fortnight, with the altcoin also retaining an impressive 293% increase in the last 12 months.

And while it has had a difficult couple of months (like the rest of the market), XRP is in a very strong position to recover, especially when incoming SEC Chair Paul Atkins has 10 XRP ETFs to review.

Given that Ripple is now in the process of ending its long-running legal fight with the SEC, the odds of approval for these ETFs have risen considerably, and with it the odds of a big XRP rally later in the year.

Will an XRP ETF Send Prices Flying? Incoming SEC Chair Faces 70 Crypto Filings

Now that the Senate has confirmed his selection as the next SEC Chairman, the pro-crypto Paul Atkins will assume office in the imminent future, heralding a sea-change in the regulator’s stance towards the cryptocurrency market.

The SEC is currently reviewing 72 applications for various crypto ETFs, and commentators such as Bloomberg’s Eric Balchunas expect many of these to gain approval.

We’ve written before about how XRP has more pending ETF applications than any other altcoin, something which strengthens the bull case for the crypto massively.

Of course, we may not see any approvals until the fall, but they highlight how the rest of the year could be incredibly positive for XRP.

Indeed, now that the Ripple-SEC case is finally winding down, the company is able to grow more aggressively than in recent years, with speculation mounting that it could sign a partnership with international payment network SWIFT.

And with the company already signing deals in relation to its stablecoin in recent months, it clearly has a head start in expanding.

This positivity isn’t entirely evident in its chart today, which continues to show XRP in a weakened and somewhat conflicting position.

For example, its RSI (purple) has been mostly below 50 since the beginning of February, suggesting that a recovery is in order.

Yet its 30-day average (orange) has been well above the 200-day (blue) since early November, implying that it should actually fall further before recovering.

However, XRP had been in such an oversold and undervalued position prior to November that you could argue that a long and sustained growth period is entirely warranted.

And if we do get XRP ETFs in the next few months, the coin could surge back towards $3, before ending 2025 at around $4.

New Altcoins Can Outpace Major Tokens

While XRP’s fundamentals are as strong as ever, its price may not do much until the ETFs arrive, and it may also be dependent on improvements in international trade relations.

If so, traders would do well to diversify into newer tokens, particularly coins awaiting listings on exchanges.

This includes presale tokens, which, if strong enough, can rally big when they list for the first time.

One example with a strong chance of doing this is MIND of Pepe (MIND), an ERC-20 token that has now raised $8.1 million in its ongoing sale.

MIND of Pepe is an autonomous AI agent that will go live once its presale ends, providing traders with real-time market analysis and advice.

Its algorithms will process social media and trading data to gain insights into the market, which it will also use to generate its own potentially viral tokens.

At a time when AI coins are becoming an important element in the market, MIND of Pepe is positioned strongly to grow in the coming year.

Holders of its native MIND token will gain access to its market analysis, while they will also gain early access to generated tokens, before they list on exchanges.

This helps to explain why demand is strong for MIND, which holders can also stake for a passive income.

To join the coin’s sale, investors need only go to the MIND of Pepe website, where MIND costs $0.0037315.

This price will rise again in a couple of days, so traders should act quickly if they want to increase their chances of a sizeable return.

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