Investor anticipation is high for key rulings regarding XRP, with several spot ETF applications awaiting approval from the U.S. Securities and Exchange Commission. Issuers like Bitwise, Grayscale, and 21Shares are poised for final approval after previous delays, potentially setting off a similar institutional investment surge to Bitcoin ETFs. Ripple is also waiting for the U.S. Office of the Comptroller of the Currency’s decision regarding its trust bank license bid. This could significantly enhance Ripple’s credibility with financial institutions, strengthening XRP’s position in mainstream adoption. Analysts suggest that if both rulings arrive this October, a 3.5x jump from current levels for XRP is within reach. However, market watchers caution against assuming a straight-line rally, emphasizing the inherent volatility of crypto markets and the crucial role of broader risk sentiment and institutional acceptance of XRP.