In the context of a rapidly changing crypto market, an analyst has shared seven important events that could shape the value and market position of XRP in the near future. The expert emphasizes that investors should remain patient and avoid selling XRP prematurely before these significant events unfold.
Factors Shaping XRP’s Future
Ripple, after achieving a major victory in its lawsuit with the SEC, is still undergoing its final legal steps. Meanwhile, XRP previously reached a price of nearly $3 following Donald Trump’s victory in the U.S. presidential election, before dropping to $2.3.
Below are the seven important events expected to have a major impact on XRP:
1. Launch of Stablecoin RLUSD
Ripple plans to launch the stablecoin RLUSD in the near future. This event is anticipated to significantly boost XRP’s value thanks to the already established ecosystem.
2. Trump Officially Takes Office
On January 20, 2025, Donald Trump will take office as President of the United States. If he implements crypto-friendly policies, XRP and other altcoins could benefit significantly.
3. Gary Gensler Leaves the SEC
SEC Chairman Gary Gensler – known for his anti-crypto stance – will step down next month, making way for Paul Atkins. This change is expected to open up positive prospects for XRP.
4. Conclusion of Ripple-SEC Lawsuit
If the lawsuit between Ripple and the SEC is resolved completely, it could create an opportunity to push XRP’s price to new highs.
5. Altcoin Season Begins
An “altcoin season” is anticipated if Bitcoin’s dominance decreases from 58% to below 50%, offering growth opportunities for XRP and other altcoins.
6. Partnership with Major Bank
Ripple is preparing to announce a partnership agreement with a major bank. This news is expected to mark a significant surge in XRP’s value.
7. Approval of XRP ETF
Ripple has submitted an application for an XRP ETF. If this ETF is approved before the end of 2025, XRP will attract many institutional investors, simultaneously increasing its value.
“Wait for the Right Time, Look for Big Moves”
The expert concludes: “Be smart, don’t act hastily. Wait for the major events to occur before making decisions.”