Polymarket verwacht XRP ETF goedkeuring deze zomer
Ripple’s XRP surged this week for the second time since late November, peaking at $3.40 yesterday. Investors are now collectively speculating on the possibility of Ripple, including the arrival of an XRP ETF in 2025. Polymarket data suggests it could be approved before the summer.
What will Ripple do after it breaks $3 and approaches Trump’s inauguration on January 20? In this article, we will explore what to expect from XRP this year and whether buying Ripple right now is a good idea.
Polymarket predicts 68% chance of XRP ETF approval in 2025
Polymarket is a Web3 platform where people can vote on future events and make money if they vote correctly. Voters on the platform currently see XRP ETF has 68% chance of approval in 2025.
From this perspective, the expected probability was still 58% yesterday morning, having been as high as 71% before. This shows that investors are already very bullish on XRP.
Another poll was about a XRP ETF expected to be available by August 1, 2025. The probability of XRP appearing in the summer is currently expected to be 51%.
Odds $ripple The number of ETFs approved has surged this year.
71% chance. pic.twitter.com/PqwwY2oXyz
— Polymarket (@Polymarket) January 16, 2025
If the U.S. Securities and Exchange Commission (SEC) appoints a new chairman on January 20, the chances of launching an XRP ETF in 2025 may be greater. Current SEC Chairman Gary Gensler has repeatedly delayed the approval deadlines for Bitcoin and Ethereum ETFs.
Incoming chairman Paul Atkins wants to protect investors and innovation in the crypto industry. Cryptocurrency ETFs are more likely to be approved after Atkins and Trump take office.
Another benefit for Ripple is the potential termination of lawsuits against the SEC. The lawsuit has been ongoing for years, but under the leadership of Paul Atkins, the SEC may be able to reach a conclusion without having to appeal against Ripple again.
XRP Price Over $3 – Buy Ripple Now?
XRP price is at $3.25 this morning after rising 7% in the past 24 hours and retracing slightly from a peak of $3.40. So far, it looks like Ripple will continue to climb higher today, but there is also a chance of further pullback.
The relative strength index (RSI) is approaching 80, and the risk of a pullback has increased significantly. But at the same time, the hype surrounding Ripple is very predictable. This means that a rise to the all-time high of $3.84 is also possible in the coming hours and days.
After the last correction in early December, XRP still managed to consolidate above $2. If XRP experiences a real correction in January, we may be in for a similar situation this time.
The 30-day moving average (yellow) currently remains at $2.40 and is moving further towards $3. Moving averages can act as an additional safety net in the event of a larger correction.
Buying XRP now may yield good results in the long run, but keep in mind that corrections may occur in the short term. Although the XRP ETF has a market capitalization of $187 billion, the resolution of the XRP ETF and Ripple lawsuits could fuel further gains.
Which altcoins will explode in Q1 2025?
XRP could still rise significantly from here given expectations for an XRP ETF later this year. However, the altcoin’s gains may be limited in the short term. XRP has gained over 500% since its lows last year. Other altcoins have the potential to bring more profits in the short term.
Let’s take a look at 3 new cryptocurrencies that are attracting market attention. These altcoins can still be purchased at low prices during the presale, but their popularity will likely explode after the initial DEX launch. Their effectiveness also ensures long-term growth.
Wall Street Invitation ($WEPE)
Wall Street Invitation ($WEPE) Pre-sales started in December, but it has already raised an impressive $50 million in funding. $WEPE is one of the most popular pre-sale tokens right now, so it has the potential to explode after launch as demand remains very high.
$WEPE holders not only have the opportunity to sell their tokens for huge profits, but also gain access to an exclusive community with elite trading insights. With these insights, you might be able to make more money, which might make you want to keep your $WEPE tokens.
Hey. you. Want to have fun? 🐸⚔️ pic.twitter.com/igcSOWPCCY
— Wall Street Pepe (@WEPEToken) January 16, 2025
Meme coins are still being sold at a fixed low price of $0.00036649 per coin. The presale is expected to end soon, but until then, you can already stake your tokens at a 25% annual interest rate. These staking rewards will come in handy if the value of $WEPE explodes after the presale.
Solaxy ($SOLX)
Solana is also rising again this week, but is already one of the largest cryptocurrencies. new Solaxy ($SOLX) is a brand new blockchain that can benefit from Solana’s success. Its native token $SOLX raised over $10.8 million in a presale and provides access to the new blockchain.
Solaxy is the first Solana Layer-2, which is one of the reasons why it has attracted a lot of attention among investors. With $SOLX, you gain access to a blockchain with brand new projects, fast transactions, and low fees. This could make $SOLX worth a lot of money upon launch.
Today, you can still buy this utility token for $0.001602 each, but the price will rise further in a few hours. Early investors can stake their tokens today and earn up to 325% annualized returns. Don’t miss the launch of $SOLX as the project could get a huge boost from the success of Solana.
Best Wallet Token ($BEST)
Many people only use crypto wallets to store their cryptocurrencies, but you can do much more with it. Best Wallet is a user-friendly wallet with optional features that can help you make money with cryptocurrencies. Use its native Best Wallet Token ($BEST) You can make the most of this wallet.
But what can you do with $BEST? By holding tokens, you can gain premium status with Best Wallet. This will provide you with discounts on in-app features such as token swaps and fiat currency conversions. You can also get early access to new projects, receive higher staking rewards, and benefit from Best Wallet partner bonuses.
Join the best wallet airdrop! 🎁
With Best Wallet, earning rewards is easy. Complete daily tasks, explore new ones, and watch your $best The stack grows.
No waiting, no fuss – just rewards! 💪
Join now 📲 https://t.co/he5kzra7TY pic.twitter.com/bYclu9TpxR
— Best Wallet (@BestWalletHQ) January 14, 2025
You can purchase $BEST for $0.023625 per ticket during the presale, with less than 20 hours until the price increases. It is also possible to win free $BEST through the above airdrop event. Stake your $BEST tokens during the pre-sale and earn high annualized returns of up to 248%.
