Boost

<ul class="wp-block-list news-points">
 <li>XRP optimists predict a potential rally for the altcoin.</li>
 <li>ETF approval for XRP rose following the Ripple-SEC case conclusion.</li>
 <li>Wells Fargo’s XRP implementation suggests growing adoption for the altcoin.</li>
</ul>
XRP optimists forecast a potential surge for the altcoin, possibly pushing its price to a new all-time high (ATH) if the SEC approves an XRP ETF, among other factors. The likelihood of an XRP ETF significantly increased following the conclusion of the long-running case between Ripple and the SEC, with Judge Analisa Torres ruling <a href="https://coinedition.com/xrp-not-a-security-ripple-celebrates-landmark-ruling-warns-of-sec-overreach/" rel="noopener noreferrer nofollow">XRP is not a security</a>.
Tradingview’s <a href="https://www.tradingview.com/x/1Xo2oNXX/" target="_blank" rel="noopener noreferrer nofollow">data</a> shows XRP’s price surged 30% following the judgment but has since consolidated, pulling back to the $0.56 region after reaching a $0.64 local high. Notably, XRP’s recent price pullback coincided with a significant drop in the decentralized finance (DeFi) total value locked (TVL), suggesting a profit-taking period from investors.
Meanwhile, analysts have spotted market signals that could trigger an XRP rally, especially those supported by the regulatory clarity provided by the recent court judgment. For instance, there is heightened belief among optimistic XRP supporters that the SEC wo…
The post <a href="https://coinedition.com/xrps-path-to-a-new-all-time-high-etf-hopes-wells-fargo-boost/" rel="noopener noreferrer nofollow">XRP’s Path to a New All-Time High: ETF Hopes &amp; Wells Fargo Boost</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

XRP’s Path to a New All-Time High: ETF Hopes & Wells Fargo Boost

Coin Edition

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