Despite market optimism regarding XRP’s future, recent price declines have raised concerns. While the SEC’s delay in approving spot ETFs has caused uncertainty, industry analysts remain optimistic about long-term prospects for XRP, particularly due to strong institutional interest and a growing belief that approval is imminent. The market currently sees an 81% chance of approvals by year-end according to Polymarket. [Source: Polymarket] However, recent liquidity concerns have led some traders to seek opportunities in smaller-cap assets offering faster gains. A large $470 million XRP sale further impacted short-term price action and added volatility to the market. Despite the recent pullback, technical analysts remain bullish on XRP’s potential for significant upside, with predictions of breaking through previous all-time highs and reaching new levels. [Source: EGRAG Crypto] This optimism is bolstered by strong institutional interest, evidenced by numerous filings from asset management giants like Grayscale, Franklin Templeton, 21Shares, WisdomTree, and Bitwise, all aiming to capitalize on the growing retail and institutional demand for structured XRP products. The potential influx of $8 billion in new investment upon approval further reinforces this outlook. However, the SEC’s delay has introduced a degree of uncertainty in the near term. Despite this challenge, experts believe that regulatory clarity is just around the corner. This will likely be a pivotal period in determining XRP’s trajectory. [Source: Crypto-News-Flash.com]