Ripple ETF has been a hot topic of debate since Trump’s election win and Elon Musk’s appointment to lead the government’s efficiency department. As Gary Gensler is expected to resign from the SEC chair soon, a favorable regulatory body for cryptocurrencies will open new doors of success for the Ripple Foundation and the XRP price.
Furthermore, if the XRP price pumps higher amid potential approval of the Ripple ETF, the viral presale DTX Exchange is predicted to pump 500% amid market optimism. The project has already made headlines after securing a ground-breaking presale rally this year due to its technological advancements and trader-centric narratives.
XRP Price Thrashes Past $0.7 Amid Surging Whale Buying
The XRP price has displayed a bullish trend as Ripple’s legal appeal is getting stronger with a crypto-friendly administration in the US. As Trump’s sword hangs over Gary Gensler and the harsh rulings of the SEC, the XRP price is soon expected to break free from the long legal scrutiny and continue its path to the $10 milestone.
At press time, XRP price has successfully surged past the $0.7 level with a 31% monthly surge. Trading volume has also surged by 17%, signaling rising whale activity for this month amid expected legal clarity and Gensler’s resignation. Analysts anticipate the XRP price to close the year above $1 if the new administration resolves this legal conflict in the next few weeks.
Source: TradingView
Ripple ETF News: SEC Chair Gary Gensler Will Definitely Resign
Ripple ETF is also becoming the talk of the town due to Trump’s bold stance on the U.S. Securities and Exchange Commission. Furthermore, Trump’s intent to “fire” SEC Chair Gary Gensler and industry support for a Ripple ETF has made the community believe in a better future for the XRP price trend.
Traders hope that the SEC will soon abandon its appeal in the Ripple case, easing regulatory pressures on XRP and potentially fast-tracking Ripple ETF applications. Adding to the support, Pav Hundal has also voiced optimism for Ripple ETF this year as a favorable regulatory shift is expected in the market soon.
DTX Exchange (DTX) Poised For a 500% Price Pump After Listing
DTX Exchange (DTX) is fast emerging as a breakthrough tradFi project, combining advanced trading technology with powerful decentralized features. Setting a new industry standard, the platform’s 1000x leverage and 10,000 TPS testnet performance capability allow traders to maximize profit potential and gain higher market positions.
DTX Exchange’s hybrid layer-1 blockchain enhances security by integrating sophisticated mechanisms and KYC-free onboarding for data-conscious traders. A no-KYC policy and the platform’s Phoenix Wallet, designed for user autonomy, have driven global demand, with over 95% of its round 4 presale sold and raised $7.48 million within months.
Notably, DTX Exchange’s commitment to providing trader-centric narratives and passive-income strategies has made it a market sensation this year. Experts see DTX tokens, priced at $0.08, poised for explosive growth with expectations to hit $2 once listed this year, highlighting the platform’s unique value in a competitive trading market.
Conclusion
As Ripple ETF pushes closer to approval amid expected regulatory clarity under Trump’s administration, cryptocurrencies can experience a major shift this year. With Trump’s pro-crypto administration possibly easing SEC restrictions, XRP price is on a path to significant growth. DTX Exchange (DTX) also emerges as a promising investment poised for 500% returns after its mainnet launch this quarter.
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