XRP Rocket Explosion Imminent As 78% Probability of Spot ETF Approval Ignites Market ⋆ ZyCrypto
By: bitcoin ethereum news|2025/05/03 23:45:02
0
Share
The new month has kicked off on a rather promising note for Ripple’s XRP, with a remarkable increase in spot market strength. The latest development indicates increased buyer optimism amidst the volatility observed in the broader cryptocurrency market. A heightened confidence in the spot market further suggests that market speculation is dying, and buyers are throwing their full weight behind their spot holdings. In the spot premium market, traders are introduced to trading crypto assets, in this case, Ripple’s XRP, at a more elevated level. As such, the increase in trading indicates that a firm demand is driving movement in the XRP market. Adding to the growing trend, Glassnode’s recent report highlighted optimism amongst XRP holders over the past months. According to data from the on-chain analytical firm, the number of addresses holding a minimum of 10,000 XRP coin has risen steadily since November 2024. All credit goes to large whales, who reiterate their long-term position in the market by exercising patience through coin accumulation despite market volatility. Anticipation for Spot XRP ETF Heightens The optimistic outlook for the spot market is likely fueled by the expectation of an XRP Spot ETF approval by the U.S. Securities and Exchange Commission. With the regulatory backpedaling on its decision to pursue a case with Ripple, anticipation for approval has heightened. According to data from the decentralized prediction platform Polymarket, the probability of a Spot XRP ETF has increased by 78% this year. In March, leading investment firms filed for XRP ETF products, adding the asset to a list of 72 crypto spot-based ETFs awaiting approval from the SEC. Between January and April, XRP has retreated by 35%, and the fourth-largest crypto by market cap now trades at $2.21 at press time. Expectations of a potential surge are still tied to a possible Spot ETF approval. Source: https://zycrypto.com/xrp-rocket-explosion-imminent-as-78-probability-of-spot-etf-approval-ignites-market/
You may also like
What Is Futures Trading? Hours, Platforms, and How to Start Trade Futures(2026 Guide)
Learn how to start futures trading, understand trading hours, and choose the best futures trading platform. Includes real data, strategies, and ways to maximize returns with rebates.
The Rise of Composable RWA
27 billion RWA funds are undergoing a major reshuffle: U.S. Treasury bonds are "cooling off," while high-yield credit assets are quietly dominating the DeFi lending market with permissionless designs. This article reveals the explosive logic behind composable RWA.
MAGA Up 350% in 24 Hours, PEPE Up 46% in One Day: Which Memecoins Are Next in 2026?
MAGA +350% in 24hrs. PEPE +46% in one day. RAVE +4,500% then -90%. In 2026's memecoin market, the gains are real. So are the traps? Here's how to tell the difference before you buy.
RCD Espanyol vs Real Madrid: Can the Pericos Delay the Inevitable?
RCD Espanyol vs Real Madrid lineups, standings, and stats for May 3, 2026. Real Madrid visits RCDE Stadium as Barcelona closes in on the LALIGA title. Full preview inside.
MegaETH goes live with an FDV exceeding 2 billion USD. Which ecological projects are worth paying attention to?
The financing and team backgrounds of many projects in the MegaETH ecosystem are rich, making it the most prosperous ecosystem among unlaunched public chains, and it is currently the focus of attention for profit-seekers.
Dialogue with "Wood Sister" Cathie Wood: The next bull market is about to arrive
The correlation coefficient between gold and Bitcoin is only 0.14. In the past two cycles, gold started before Bitcoin, and this time is no different.
Can prediction markets win the competition for perpetual contracts?
Polymarket and Kalshi have entered the perpetual contract arena. In the face of Hyperliquid's "cross-margin" dimensional reduction attack, can the prediction market break the curse of loss and turn the tide?
Who is trading on Trade.xyz?
A Polymarket user supported nearly half of Trade.xyz's "active addresses" with 34,000 wallets, yet contributed less than 1% of the trading volume. The real support for the market comes from market-making institutions like Jump, Selini, and Wintermute, as well as a group of directional traders crossi...
Binance quietly placed a bet on a leading large model company
In the past year, YZi Labs has significantly accelerated its investments in the AI field, from educational agents to physical robots, and then to large models, with crypto capital and AI technology rapidly integrating.
Best Crypto Discord Server 2026: Why Jacob’s Crypto Clan Is Gaining Massive Attention
Jacob’s Crypto Clan has grown into one of the most active crypto Discord communities, with over 45K members and continuing to expand. This rapid growth reflects strong demand for structured trading insights and real-time collaboration.
Tom Lee Buying ETH: Why Wall Street’s Loudest Ethereum Bull Keeps Doubling Down
Tom Lee keeps buying ETH through every dip, every drawdown, and every moment of market doubt. Inside the strategy that's turning Ethereum into a treasury asset — and what it signals for the rest of the market.
Stripe Sessions 2026: AI Agent, Global Payments, and Invisible Crypto Infrastructure
Stablecoins have finally begun to enter the real business world, but this time, the main character may not be exchanges, wallets, or public chains, but Stripe. It encapsulates KYC, wallets, gas, compliance, and settlement, allowing businesses to access on-chain assets just like using regular payment...
Where will South Korea's cryptocurrency taxation head?
There is little time left before South Korea implements cryptocurrency taxation, but the current tax laws only cover simple spot and currency-to-currency transactions. Driven by the international tax information exchange standard (CARF), South Korea is comprehensively building an intelligence analys...
Legendary investor Naval: Apple is dead, SaaS will follow suit, and entrepreneurs have 18 months to reshape their moats
"You can continue to hold Apple stock. Just don't expect that what you hold is stock in a growth company."
Morning Report | Visa includes Polygon in its global stablecoin settlement program; MoonPay invests $100 million to acquire security company Sodot; Digital wallet platform Belo completes $14 million Series A financing
Overview of Important Market Events on April 29
Full text of the Federal Reserve's decision: Holding steady for the third consecutive time but increasing divisions
The Federal Reserve has kept interest rates unchanged for the third consecutive time, but there were internal voting disagreements, with one official advocating for a rate cut while three others opposed signaling easing. The situation in the Middle East and fluctuations in energy prices further ampl...
Dan Bin takes action, building a position in Circle
If Web3 only stays at the level of price and narrative, traditional capital will find it difficult to truly enter; but once a group of companies that can be clearly explained and included in balance sheets begins to emerge, the way the industry participates will change.
The Impossible Triangle of DeFi Lending
Borrowers want fixed interest rates, while lenders seek immediate liquidity; this is the dilemma of on-chain lending, where both cannot be achieved simultaneously.
What Is Futures Trading? Hours, Platforms, and How to Start Trade Futures(2026 Guide)
Learn how to start futures trading, understand trading hours, and choose the best futures trading platform. Includes real data, strategies, and ways to maximize returns with rebates.
The Rise of Composable RWA
27 billion RWA funds are undergoing a major reshuffle: U.S. Treasury bonds are "cooling off," while high-yield credit assets are quietly dominating the DeFi lending market with permissionless designs. This article reveals the explosive logic behind composable RWA.
MAGA Up 350% in 24 Hours, PEPE Up 46% in One Day: Which Memecoins Are Next in 2026?
MAGA +350% in 24hrs. PEPE +46% in one day. RAVE +4,500% then -90%. In 2026's memecoin market, the gains are real. So are the traps? Here's how to tell the difference before you buy.
RCD Espanyol vs Real Madrid: Can the Pericos Delay the Inevitable?
RCD Espanyol vs Real Madrid lineups, standings, and stats for May 3, 2026. Real Madrid visits RCDE Stadium as Barcelona closes in on the LALIGA title. Full preview inside.
MegaETH goes live with an FDV exceeding 2 billion USD. Which ecological projects are worth paying attention to?
The financing and team backgrounds of many projects in the MegaETH ecosystem are rich, making it the most prosperous ecosystem among unlaunched public chains, and it is currently the focus of attention for profit-seekers.
Dialogue with "Wood Sister" Cathie Wood: The next bull market is about to arrive
The correlation coefficient between gold and Bitcoin is only 0.14. In the past two cycles, gold started before Bitcoin, and this time is no different.
Popular coins
Latest Crypto News
Read more
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com