XRP Eyes Breakout Amid Rising ETF Approval Odds, Outsizing Solana and DOGE

18.04.2025 08:27
XRP has seen a 4% decline over the past 24 hours, dropping to $2.08 due to ongoing tariff issues. Despite this short-term dip, the digital asset remains up 13% over the week and has surged 317% over the past year. A report from Kaiko indicates that XRP leads in ETF application numbers, with 10 proposals under review compared to five for Solana and joint positions held by Dogecoin and Litecoin. This increase in ETF-related activity is bolstered by the recent joint filing by Ripple and the SEC to suspend their October appeals, which has strengthened long-term bullish projections for XRP. However, technical indicators such as the RSI suggest that XRP may see further short-term downward movement before potentially recovering if tariff conditions improve. In addition to XRP’s developments, the report touches on broader market strategies, highlighting new presale projects like MIND of Pepe. MIND has raised $8 million in its ongoing sale and aims to leverage an autonomous AI agent to generate market insights and even create viral meme coins, thereby attracting early investor interest.