Derive protocol head of research Sean Dawson explained to Cointelegraph that the positive price dynamics are likely related to expectations of the XRP ETF approval in 2025.
According to JPMorgan analysts, inflows into spot ETFs on SOL and XRP could outpace Ethereum instruments within six months of launch.
Dawson believes that as investors “buy up” Bitcoin, interest could shift to altcoins like XRP, fueling further growth.
He also noted that this year, thanks to the new crypto policy of the US government, the legal conflict between Ripple and the SEC, which has been ongoing since late 2020, may finally end.
XRP has an interesting future)