Ripple News Fuels Market Rally as Investors Eye Utility-Driven Projects

The SEC’s decision to reclassify XRP as a commodity has lifted uncertainty for institutional adoption and ignited optimism about the token’s future. Several firms, including ProShares, have filed ETF applications, hinting at significant capital influx from major investors once these proposals are approved. 95% approval probability is expected for these ETFs, potentially injecting $5-8 billion into XRP.