XRP shows resilience as the SEC approaches ETF decisions. Will XRP ETFs get the green light? And what about SWIFT?

XRP, ETFs, and the SEC: What's the Deal?
XRP is holding steady as the SEC's ETF decision looms, but the community faces mixed signals. Will the SEC approve a spot XRP ETF, paving the way for mainstream adoption? Let's dive in.
XRP's Price Resilience
Despite market volatility, XRP is showing some serious grit. It's been bouncing off the $2.70 support level like a rubber ball. Market analysts, like Ali Martinez, point out that XRP has tested this level multiple times since August and it's holding strong. As of late September 2025, XRP is trading around $2.86, with a daily gain of about 3%. Not too shabby!
ETF Hopes and Whale Activity
The real buzz is around the potential approval of spot XRP ETFs. The SEC has key decision dates coming up in October, with Grayscale's proposal leading the pack. Approvals would be a huge deal for institutional adoption. Coin Bureau even noted that XRP whales are buying up tokens at a record pace, suggesting they're pretty confident about the future. That's some serious cheddar!
Technical Outlook
From a technical perspective, XRP is sitting just below the 20-day SMA around $2.95. If it can close above that, we might see a move towards $3.15 or even $3.30. However, it's worth noting that September trading on Binance was mostly controlled by sellers. A sustained weekly close above $2.70 is crucial to avoid a deeper pullback. Keep those eyes peeled!
SWIFT's Blockchain Preference
In a bit of a bummer for XRP enthusiasts, SWIFT, the big kahuna of transnational banking, chose Linea, an Ethereum-based blockchain, for its on-chain bank messaging. Ouch! XRP fans have long hoped that XRP would either replace SWIFT or get cozy with it, but SWIFT seems to be going in a different direction. While XRP was built for cross-border payments, SWIFT is prioritizing other blockchains. It's like showing up to a party and realizing you're wearing the same outfit as someone else – awkward!
SEC Withdraws Delay Notices
Here's a glimmer of hope: the SEC is withdrawing all delay notices for Solana, XRP, HBAR, and other crypto ETFs. This follows the approval of generic listing standards for crypto ETFs. The final deadlines for approving ETFs tracking spot prices of these assets are due in October. The SEC's move indicates progress in ETF approval. XRP jumped 4% after this news.
Final Thoughts
So, what's the takeaway? XRP is showing resilience, ETF hopes are high, but SWIFT went another way. It's a mixed bag of news, but in the crypto world, that's just another Tuesday. Whether XRP becomes the next big thing or just another altcoin, one thing's for sure: it's never a dull moment in the world of digital currencies. Buckle up, buttercup, because the ride is just getting started!
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.