{"id":30149,"date":"2025-06-04T10:31:32","date_gmt":"2025-06-04T10:31:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=30149"},"modified":"2025-06-04T10:31:32","modified_gmt":"2025-06-04T10:31:32","slug":"xrp-etf-approval-almost-certain-could-solaxy-help-solana-compete","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=30149","title":{"rendered":"XRP ETF Approval Almost Certain; Could Solaxy help Solana Compete?"},"content":{"rendered":"
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According to 93% of Polymarket bettors, SEC approval of XRP ETFs is guaranteed, in a rumor that has Solana under pressure to keep up. A new crypto presale that\u2019s nearing its end, Solaxy, may have the answer.<\/p>\n

Why Are the XRP ETF Odds Up, and What Could XRP ETF Approval Mean for Ripple?<\/h2>\n

After ETF odds sat at around 83% in April, Polymarket noticed that market sentiment took a steep turn upwards starting early May.\u00a0<\/p>\n

\"Ripple<\/p>\n

This came after a series of advantageous regulatory and technological shifts that contributed to a more optimistic outlook in crypto markets in 2025.<\/p>\n

Ripple CEO, Brad Garlinghouse discussed why\u00a0people are excited about crypto ETFs during his \u2018Crypto in One Minute\u2019 podcast:<\/p>\n

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\u2018I think there\u2019s 2 reasons\u2026 One is that, for the longest time, institutional investors couldn\u2019t access crypto directly. They could either self-custody or on-board with an exchange. But now, they can go on Wall Street and trade directly in crypto.
\nThe second one is that [ETFs] institutionalize the whole industry of crypto. The Bitcoin ETF \u2026 was the fastest to get to a billion dollars in assets and the fastest to get to $10B.\u2019<\/p>\n<\/blockquote>\n

\u2014Brad Garlinghouse, Crypto in One Minute<\/a><\/p>\n

Another reason for high confidence in XRP\u2019s chances is the staggering number of ETF applications currently with the SEC.<\/p>\n

Crypto analyst Eric Balchunas revealed no less than 72 ETF applications in a Bloomberg report, stating they include:<\/p>\n

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\u2018Everything from $XRP, Litecoin and Solana to Penguins, Doge and 2x Melania and everything in between. Gonna be a wild year.\u2019<\/p>\n<\/blockquote>\n

\u2014Eric Balchunas, X post, based on Bloomberg Report, April 21, 2025<\/a><\/p>\n

\"The<\/p>\n

It also helps that Ripple Labs is now in good standing with the SEC, following its case dismissal<\/a> two months ago, announced on X<\/a> shortly thereafter by Brad Garlinghouse.<\/p>\n

So, what could this new context mean for the world\u2019s fourth-largest crypto, $XRP?<\/p>\n

The common consensus is that the approval of the $XRP ETFs will impact $XRP\u2019s market value<\/a> considerably going forward, especially when we consider recent developments like:<\/p>\n