Polymarket bettors are betting big on an XRP ETF approval. After a long four-year battle, the SEC has finally dropped its case against Ripple, removing a huge obstacle. Now, talk is heating up that an XRP ETF could be right around the corner. On Polymarket, the betting odds have shot up to 82%, showing just how confident people are.
This potential ETF approval is viewed as a pivotal moment for XRP, further solidified by the possibility of it being classified as a commodity. Industry experts are now forecasting approval as early as late Q3 or early Q4 of 2025. Ripple CEO Brad Garlinghouse has also expressed optimism about a 2025 launch, citing the improved regulatory landscape and the SEC’s evolving stance under new leadership.
Adding to the fervor, a separate poll on Polymarket is gauging the likelihood of an XRP ETF being approved by July 31st, showing a 45% probability. This secondary poll, while less optimistic than the overall ETF approval odds, still indicates a significant level of belief in a near-term approval.
This would be a game-changer for XRP. Right now, the coin is trading at $2.47, up 6.68% in the last 24 hours. Its market cap has climbed to $143.78 billion, and its trading volume has exploded by 250%, now at $10.61 billion. If an ETF happens, XRP could officially lock itself in as one of the top three cryptos in the world.
Some analysts are even throwing out crazy predictions, saying XRP could hit $18,000 someday. Realistic? Maybe not. But it shows the kind of hype this thing is generating.
At the same time, Solana’s making a splash with its very first ETF hitting the U.S. market today. It’s got the crypto crowd buzzing big-time and might just light a fire under regulators to hurry up with an XRP ETF.
Right now, though, it’s all about sitting tight. Even so, this is a massive deal for XRP, and the whole crypto world’s on pins and needles, dying to know what’s next.
Also Read: Brad Garlinghouse Confident XRP Will Join US Asset Stockpile
