Despite ongoing volatility across the crypto market, sentiment surrounding XRP has turned notably positive following news that the U.S. Securities and Exchange Commission (SEC) has officially begun a formal review of a proposed spot XRP exchange-traded fund (ETF).
If the SEC approves the WisdomTree XRP Trust, investors will be able to purchase shares on the Cboe BZX Exchange that track the price of XRP—eliminating the need to handle the complexities of crypto ownership, such as managing private keys or securing digital wallets.
This move, along with similar efforts from other firms, underscores growing interest in XRP. WisdomTree, a company already involved in the crypto space, aims to offer a more accessible and regulated way for investors to gain exposure to XRP.
The application has now entered a new phase of evaluation under Section 6 of the Securities Exchange Act of 1934, focusing on investor protection and the potential for market manipulation.
With the legal precedent already set that XRP is not classified as a security—similar to Bitcoin and Ethereum—the possibility of the ETF being approved appears stronger than ever.
While regulatory delays are expected, especially due to XRP’s complex history with the SEC, the move to even consider a spot ETF is viewed as a major step forward.
Many anticipate that approval could arrive sooner rather than later, potentially paving the way for broader institutional adoption and increased market confidence in XRP.
Source – 99Bitcoins YouTube Channel
XRP Price Prediction
XRP is currently priced at $2.28, with a market capitalization of $134 billion. Over the past seven days, its price has declined by 55%. The token is currently in a vulnerable position as it struggles to maintain key support levels.
The price recently broke below a crucial support zone, specifically the value area low marked by a blue line, which had held firm for the past two weeks. This breakdown signals weakness, especially as $XRP is now compressing below the point of control (POC) at approximately $2.35.
The inability to reclaim this level suggests bearish pressure is mounting, and unless the price breaks above and uses the POC as support, a continuation to the downside is more likely. Adding to this cautious outlook, XRP is also underperforming against Bitcoin, trading at its lowest levels since early February.
Despite this, there remains a strong support zone between $2.25 and $2.28, which could hold if bearish momentum fades. A short-term dip into the liquidity area around $2.2 is possible if adverse news materializes, but this may simply be a temporary move before a potential rebound.
Over the next couple of weeks, $XRP could see another surge similar to previous spikes observed in April and May, especially as it nears major long-term support levels. In summary, while short-term caution is warranted, a rebound remains plausible if key supports hold and market conditions stabilize.
Last Chance to Get In? XRP Gains Strength While MIND of Pepe Presale Nears Close
MIND of Pepe continues to gain traction in its presale phase, having now raised over $11 million. With just two days left before the presale closes, interest in the project is intensifying—likely fueled by a broader market revival.
The staking premium currently sits at an impressive 214%, but with so little time left in the presale. MIND of Pepe aims to stand out in an increasingly saturated market by offering a smarter, more adaptive token powered by AI.
This differentiates it from many other meme coins that rely solely on community hype and social media engagement. At the heart of MIND of Pepe lies a smart AI agent designed to interact directly with crypto communities, offering real-time insights, market trend analysis, and trading intelligence through a system called Hivemind.
This AI-driven tool aims to assist retail investors by delivering meaningful data and analytics autonomously. Its live deployment on platforms like X (formerly Twitter) demonstrates its capacity to operate independently, sharing valuable content and helping users make more informed decisions in the volatile crypto market.
MIND of Pepe’s ecosystem includes several components still in development, such as its upcoming trading terminal and the full rollout of its token generation event. The $MIND token is currently priced at $0.0037515 and can be purchased using a bank card or cryptocurrency via the Best Wallet app.
With features like holder-exclusive alpha, token deployment tools, and a strong social media following that continues to grow rapidly, the project is clearly building momentum. The MIND of Pepe community is active, with nearly 40,000 combined followers across X and Telegram.
Communication is ongoing, with updates on the presale end date and token distribution being shared regularly. As the countdown to the presale’s closure continues, prospective investors must act quickly.
The project is being recognized as a rare convergence of AI innovation and meme coin hype — two narratives that have captured investor attention in recent cycles.
While the market always carries inherent risks, MIND of Pepe stands out for its strong community anticipation, unique value proposition, and the promise of bringing more utility to the meme coin sector through advanced AI capabilities. Visit MIND of Pepe presale here.
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