Ripple’s XRP has skyrocketed this week for the second time since late November, reaching a peak of $3.40 yesterday. Investors are now speculating en masse about the possibilities for Ripple, including the future of an XRP ETF in 2025. Data from Polymarket shows that it could be approved before the summer.
What will Ripple do after breaking $3 and approaching Trump’s inauguration on January 20? In this article we look at what we can expect from XRP this year and whether it is a good idea to buy Ripple now.
Polymarket sees 68% chance of approval of XRP ETF in 2025
Polymarket is a Web3 platform where people can vote on future events and earn money if they modified correctly. Voters on this platform currently see a 68% chance for an XRP ETF approval in 2025.
To put this into perspective, yesterday morning this predicted probability was still at 58%, before it has become as high as 71%. This is a sign that investors have become very bullish on XRP.
Another poll is about one promising XRP ETF before August 1, 2025. The risky probability for an XRP by summer is currently 51%.
Opportunities and $XRP ETF approved this year is soaring.
71% chance. pic.twitter.com/PqwwY2oXyz
— Polymarkt (@Polymarkt) January 16, 2025
If the Securities & Exchange Commission (SEC) gets a new chairman on January 20, the chances for an XRP ETF in 2025 may increase even further. Gary Gensler, the current chairman of the SEC, has pushed back the deadlines for the approval of the Bitcoin and Ethereum ETFs several times.
Paul Atkins, the future chairman, will protect both investors and innovation in the crypto sector. After the arrival of Atkins and Trump, there is a good chance that crypto ETFs will be approved more quickly.
Another advantage for Ripple is a possible failure of its competitor against the SEC. This outcome has been going on for years, but under Paul Atkins’ leadership, the SEC may be able to reach a conclusion without appealing Ripple again.
XRP Price Exceeds $3 – Buy Ripple Now?
The XRP price is at $3.25 this morning after a 7% rise in the past 24 hours and a slight correction from its peak of $3.40. So far, it looks like Ripple will continue to climb today, but there is also a chance of a further correction.
The Relative Strength Index (RSI) is moving towards 80, where the risk of a pullback increases significantly. But at the same time, the hype surrounding Ripple is very predictable. This means that a rise to its all-time high of $3.84 is also possible in the proven hours of days.
After its previous correction around the beginning of December, XRP managed to consolidate above $2. We may get a similar scenario this time, provided there is a real correction for XRP in January.
The 30-day moving average (yellow) is currently still at $2.40 and is moving further towards $3. The moving average can serve as an additional advantage in the event of a larger correction.
Buying Ripple now can work out well in the future, but keep in mind possible corrections in the short term. Despite its high market cap of $187 billion, the XRP ETF and the end of Ripple’s troubles could fuel even more upside.
Which altcoins will explode in Q1 2025?
Met expectations for an XRP ETF later this year, XRP can still rise significantly from here. However, in the short term, gains for the altcoin may be limited. XRP has already been certified more than 500% since its lows last year. Other altcoins have the potential to deliver more profits in the short term.
We look at 3 new crypto coins that have received a lot of attention from the market. These altcoins are not yet available at a low price during the presale, but their popularity means they could explode after their initial DEX launch. Their usefulness can also ensure future growth.
Wall Street Pepe ($WEPE)
Wall Street Pepe ($WEPE) started its pre-sale in December, but has already raised an impressive $50 million. $WEPE is currently a potential one of the most popular presale tokens and therefore has to explode after launch as demand remains very high.
Not only do $WEPE holders have a chance to sell their tokens for big profits, they also get access to an exclusive elite trading community. There is even more money to be made with this idea, which will make it impossible for you to keep your $WEPE tokens to a large extent.
Hi. You. Do you want to have a good time? 🐸 ⚔️ pic.twitter.com/igcSOWPCCY
— Wall Street Pepe (@WEPEToken) January 16, 2025
The meme coin is not available today for a flat low price of $0.00036649 each. The presale is expected to end soon, but before then it is already possible to stake your tokens for an APY of 25%. If $WEPE explodes in value after the presale, these staking rewards will come in handy.
Now to Wall Street Pepe
Solaxy ($SOLX)
Solana is also on the rise again this week, but is already one of the largest crypto coins. The new Solaxy ($SOLX) is a brand new blockchain that can contribute to the success of Solana. Its native token, $SOLX, has raised over $10.8 million in pre-sales and provides access to the new blockchain.
Solaxy is the real Solana Layer-2, which is one of the reasons it has created a lot of hype among investors. Using $SOLX you get access to a blockchain with brand new projects, fast transactions and low fees. This could make $SOLX worth a lot after launch.
Today you can still buy this utility token for $0.001602 each, but this price will rise further in a few hours. Early investors can stake their tokens today to earn an APY of up to 325%. Don’t miss the launch of $SOLX as this project could get a big boost from Solana’s success.
Now to Solaxy
Best Wallet Token ($BEST)
Many people use a crypto wallet simply to store their crypto, but you can do much more with it than that. Best Wallet is an easy-to-use wallet with built-in features that can help you make money with crypto. Using its native Best Wallet Token ($BEST), you can get the most out of this wallet.
But what can you do with $BEST? By keeping the token large, you get a premium status with Best Wallet. This gives you discounts on features within the app, such as token swaps and FIAT conversions. You also get access to new projects, higher stakes and profitable bonuses with Best Wallet partners.
Join the best wallet airdrop! 🎁
With Best Wallet, earning rewards is easy. Complete daily tasks, explore new missions and review your $BEST pile growing.
No waiting, no hassle – just rewards! 💪
Join now 📲 https://t.co/he5kzra7TY pic.twitter.com/bYclu9TpxR
— Best Wallet (@BestWalletHQ) January 14, 2025
You can buy $BEST for $0.023625 each during the presale, with less than 20 hours left before this price increases. It is also possible to win free $BEST with the above airdrop campaign. Stake of $BEST tokens during the presale for a high APY of up to 248%.
Now to the Best Wallet presale