XRP Spot ETF Approval Probabilities Hit 83% in May, Driving Market Optimism

A recent surge in XRP Spot ETF approval probabilities to 83%, as per Polymarket data, is fueling market optimism and attracting increased institutional investment. This rise coincides with the entry of financial giants like Grayscale and Franklin Templeton into the race for ETF approval. These developments have sparked a ripple effect on XRP price dynamics, prompting investors to actively watch for emerging investment trends.