Ripple is on the cusp of significant decisions by the Securities and Exchange Commission (SEC) that could dramatically impact XRP’s market trajectory and institutional adoption. The SEC is reviewing applications for XRP exchange-traded funds (ETFs) and Ripple’s request for a U.S. banking license, with October 2025 being a pivotal month in determining the future of XRP. Ripple faces crucial decisions from the SEC that may affect XRP’s price and market sentiment. 8 XRP ETF applications are awaiting final approval, alongside a review of Ripple’s banking license. These decisions hold significant implications for Ripple’s market presence and its potential to attract institutional investment.