With SEC clarity, XRP leads the bull cycle as DTX Exchange eyes gains with a feature tied to XRP’s ETF potential.

With SEC clarity, XRP leads the bull cycle as DTX Exchange eyes gains with a feature tied to XRP’s ETF potential.

With regulatory clarity from the SEC, XRP is leading this bull cycle, reigniting investor confidence in long-term investments. Meanwhile, market attention is turning to DTX Exchange as it launches a new feature poised to capitalize on XRP’s probable ETF launch. 

As institutional and retail investors evaluate these opportunities, the crypto market’s focus highlights a potential shift toward platforms that combine innovation with regulatory approval, signaling new frontrunners in the race for dominance.

Ripple’s XRP balances hype and history in current rally

In one month, XRP accumulated more than $130 billion in market cap to become the 4th largest cryptocurrency. Currently trading above $2.30, XRP is up 37% this week, driven by optimism surrounding Ripple’s planned RLUSD stablecoin and potential XRP ETF approval. There’s also the expansion of cross-border payment in partnership with the NYDFS.

Despite bullish momentum and predictions of reaching new all-time highs, XRP faces skepticism. Analysts warn of volatility and note Ripple’s significant reserves of 38.9 billion tokens, raising concerns about market supply. Recent price consolidation, including a 2.9% dip in the past 24 hours, suggests profit-taking and waning short-term momentum. 

Experts are divided: some foresee further surges due to ecosystem growth, while others anticipate a pullback below $0.60, citing XRP’s history of sharp declines, such as its 75% drop post-2021 peak. Nevertheless, market sentiment remains largely bullish as XRP continues to lead this bull cycle. At the press

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Author: Guest Post