Emre Yumlu 
As we know, the Ripple (XRP) ETF has been a topic of discussion ever since the launch and success of Bitcoin ETFs. So, what is the probability of XRP ETF approval according to Polymarket data?
XRP ETF Approval
Polymarket data shows that the probability of an XRP ETF approval has reached 82%, reflecting the growing investor confidence in XRP’s price.
While XRP has recently been in a sideways trend, a significant surge in its price brought it to $3.38, marking its highest level in seven years. This price increase, particularly in the past few weeks, has gained momentum and caught attention. The performance of XRP indicates that market participants have a more positive outlook for its future.
Trump’s Impact on XRP ETF Approval
This rally is driven by several fundamental and technical factors. One of the biggest contributors is the political impact following Donald Trump’s victory.
Trump’s win may have signaled to many investors that the market will become more stable, with regulations becoming clearer and more predictable. Additionally, the expectation of an ETF approval represents a significant turning point for XRP.
If the ETF approval occurs, it could introduce XRP to a wider pool of investors, potentially strengthening its price movements even further.
From a technical standpoint, XRP’s recent strong performance has allowed it to break through key resistance levels, pointing toward even higher targets.
Analysts believe that XRP has the potential to reach much higher levels, and they expect the rally to continue in the coming months. While investors will need more data and market analysis to determine if the upward trend is sustainable, it can be said that XRP has currently established a significant position in the market.
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