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Pundit Says a Dogecoin Price Breakout in the Coming Days Seems Likely, Eyes Run to $0.19

Mark Brennan
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Pundit Says a Dogecoin Price Breakout in the Coming Days Seems Likely, Eyes Run to $0.19

Dogecoin is consolidating within a symmetrical triangle, with one analyst anticipating a breakout or a potential decline in the coming days.

Dogecoin (DOGE) has shown signs of slight recovery after a period of sideways movement since mid-April. Trading around $0.15 for most of the week, the meme coin recently surged to $0.16, marking its highest price since April 14.

Despite this uptick, DOGE’s price has struggled to maintain a strong upward momentum, and an analyst on TradingView is now focusing on key technical patterns to predict its next moves.

Symmetrical Triangle Signals Breakout

Ehsan Zeydabadi, an analyst on TradingView, has pointed out that Dogecoin is currently trading within a symmetrical triangle pattern on the 4-hour chart.

This pattern typically suggests a period of consolidation, where price action moves between converging trendlines. As DOGE approaches the apex of the triangle, the potential for a breakout in the coming days grows stronger.

Dogecoin Price Prediction | Source: TradingView
Dogecoin Price Prediction | Source: TradingView

At the time of Zeydabadi’s analysis, Dogecoin was hovering around $0.15785. The price had recently interacted with both the upper resistance and lower support of the triangle, suggesting that a breakout could occur soon. 

Notably, DOGE has been rejected near the resistance area several times—on April 2 at $0.166, again on April 14 at $0.166, and most recently on April 21 at $0.162. The analyst highlighted $0.166 as a key resistance level to watch after the price broke out of the triangle on April 21.

Possible Dogecoin Price Outcomes

If Dogecoin manages to break above the $0.166 resistance level, he predicts that it could rally toward $0.17830 and possibly reach $0.19401. However, if sellers take control and push the price below key support levels, DOGE could decline further. Support levels to monitor in such a scenario include $0.14632 and $0.13850, with a further decline possibly targeting $0.12980.

Meanwhile, another analyst, CryptosRus, noted that Dogecoin’s price action could follow a parallel channel pattern, similar to previous trends observed in 2017 and 2021. 

These parallel channels have historically signaled significant price moves. For instance, in 2021, Dogecoin surged from $0.002 to levels around $0.7. If this pattern repeats, the price could experience a major upward swing. The analyst speculates that this could push DOGE towards a target of nearly $12.

Cup and Handle Pattern Developing

Looking at Dogecoin’s long-term chart, another analyst, CobraVanguard, has identified a potential monthly cup and handle pattern. The cup began with a sharp rise to $0.80, followed by a lengthy correction period. 

After bottoming out around $0.0468, DOGE gradually began forming the right side of the cup. The analyst forecasts that the completion of the cup and handle could lead to a significant price increase, possibly reaching $0.88.

Is $1,000 XRP Possible? Here’s What the Current Supply Says

Abdulkarim Abdulwahab
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Is $1,000 XRP Possible? Here’s What the Current Supply Says

As XRP garners more institutional interest and regulatory clarity, many in the crypto space speculate about the potential for XRP to reach $1,000 per token.

While some investors believe XRP has the potential to become a global financial bridge asset, others remain skeptical, especially considering its large token supply and current price, which hovers around $2.

This article breaks down the math and market implications to understand what it would truly take for XRP to reach the $1,000 mark.

The Market Cap Math

XRP currently has a circulating supply of approximately 58.40 billion tokens. At a price of $1,000 per token, the implied market capitalization would be a staggering $58.40 trillion. To put that in context:

  • Gold: ~$22.43 trillion (the most valuable asset globally)
  • Apple Inc.: ~$2.959 trillion
  • Bitcoin: ~$1.689 trillion
  • Entire Crypto Market: ~$2.68 trillion

A $58.40 trillion market cap would make XRP more valuable than every asset in the world combined, including gold, tech stocks, and the entire crypto sector.

Is $1,000 Realistic?

Currently, XRP has a market cap of about $116.8 billion based on its circulating supply. A leap to $58.40 trillion represents an increase of approximately 49,900% from today’s level. In the short term, critics consider this projected growth highly unrealistic.

They argue that such exponential growth would require XRP to become the core infrastructure for global payments, effectively displacing SWIFT and traditional banking systems. However, XRP is not the only player in this space—competition remains strong, which diminishes its chances of achieving total dominance.

Mathematically, XRP could reach $1,000. But from a practical standpoint, such a valuation would require historic financial shifts that many consider far-fetched, especially in the near term.

When Could XRP Reach $1,000, According to Experts?

Recently, crypto executive Matthew Brienen expressed a bold belief that XRP could reach $1,000 by 2035, ten years from now. His optimism is based on XRP’s utility in the multi-trillion-dollar payments market.

Renowned commentator Patrick Bet-David also discussed the potential for XRP to hit $1,000, suggesting it could happen by processing just a small percentage of SWIFT’s daily transaction volume. However, he did not provide a specific timeline.

Meanwhile, analysts at Telegaon do not foresee XRP reaching $1,000—even in the next 25 years. They estimate XRP’s maximum value by 2050 at around $285. On the other hand, analysts at Changelly disagree, predicting that XRP could reach $1,000 by 2040.

Shiba Inu Targets $0.000015: Bullish Pattern Signals Likely Pump

Albert Brown
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Shiba Inu Targets $0.000015: Bullish Pattern Signals Likely Pump

Shiba Inu is preparing for a major breakout above $0.00001266. Can it surge to $0.000015, supported by bullish patterns and strong technical backing?

While the altcoin market struggles to recover, Bitcoin continues to trade above $88,000. Amid these conditions, hype-driven altcoins like meme coins are gradually gaining momentum.

The market cap of the meme coin segment has risen to $47.46 billion, with top performers like Shiba Inu recording a 5% surge over the past 7 days. Riding this short-term recovery, Shiba Inu is setting up for a major breakout from a strong bullish pattern. Will this breakout rally propel SHIB to $0.000015?

Shiba Inu Price Analysis

On the 4-hour chart, Shiba Inu’s price action reveals a bullish rebound from the psychological support level of $0.00001045. The recovery began with a double-bottom reversal and has since tested the $0.00001266 supply zone.

This zone is a crucial short-term resistance, coinciding with the 50% Fibonacci retracement level. Growing bullish sentiment is forming a bullish “Adam and Eve” pattern, with the neckline aligned with the 50% Fibonacci level.

Shiba Inu Price Chart
Shiba Inu Price Chart

The short-term recovery from the 23.60% retracement has pushed SHIB above the 50, 100, and 200 EMA lines on the 4-hour chart. However, this bullish move is accompanied by a short-term bearish divergence in the RSI. Despite this, the positive crossover among the 50, 100, and 200 EMAs improves momentum in shorter time frames.

Shiba Inu is currently trading around the 38.20% Fibonacci level at $0.00001210 and the upper resistance at $0.00001266. A successful breakout above the overhead supply zone could propel Shiba Inu toward the $0.00001534 target. On the downside, key support levels are found at $0.00001140 and the psychological level of $0.00001045.

Analyst Suggests Major Rebound in Shiba Inu

Crypto analyst Ali Martinez supports the case for a potential rally by pointing to a major rebound forming in Shiba Inu. On the weekly chart, the TD Sequential indicator has flashed a buy signal, indicating the potential for a fresh recovery.

Previously, Martinez highlighted key support zones at $0.0000115 and $0.00000815. Based on his analysis, the next major resistance lies at the $0.000020 supply zone.

 

Bulls Gradually Return to SHIB Derivatives

Over the past three days, the short-term recovery in Shiba Inu has led to increased long positions in the derivative market. As per the long-to-short ratio chart by Coinglass, the long positions in Shiba Inu have jumped from 47.19% to 49.77% in the past three days. 

Shiba Inu Long/Short Positions
Shiba Inu Long/Short Positions

This shift has brought the long-to-short ratio up from 0.8936 to 0.9908, indicating a more balanced market sentiment. As bullish positions gradually increase, the probability of a breakout in Shiba Inu continues to rise.

Cardano Eyes $0.66 Breakout: Will ADA Bounce Back to $0.76?

Albert Brown
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Cardano Eyes $0.66 Breakout: Will ADA Bounce Back to $0.76?

Cardano eyes a breakout at $0.66, with long positions surging to 57%. Will this post-retest recovery push ADA to $0.76?

The bullish struggle in the crypto market to sustain momentum keeps the overall conditions uncertain. Amid such volatility, Cardano continues to fluctuate between $0.60 and $0.66. 

Currently, the ADA token trades at a market price of $0.6327 with an intraday recovery of 1.35%. Hence, at a potential post-retest reversal of $0.66, will this short-term recovery drive Cardano prices back to $0.76? 

Cardano Price Targets $0.66 Breakout

The 4-hour price chart shows a bullish breakout from a triangle pattern that formed during the pullback phase in late March.

Following a quick recovery on Monday, Cardano recorded a bullish breakout. However, as the broader market failed to sustain momentum, Cardano faced strong resistance above $0.64.

This resulted in a quick pullback to retest the triangle pattern. Currently, ADA’s price action displays a bullish engulfing candle, completing a morning star pattern. This indicates a high likelihood of a post-retest reversal.

Cardano Price Chart
Cardano Price Chart

At present, Cardano is attempting to surpass the 50% Fibonacci level at $0.6324. Meanwhile, the increased volatility in the short-term pullback has led to a convergence of the MACD and signal lines, creating uncertainty in the technical outlook and signaling a potential bearish reversal.

However, the Bollinger Bands have expanded after a short-term squeeze, suggesting the possibility of continued bullish momentum.

Based on Fibonacci levels, if ADA breaks through the 61.8% resistance at $0.66, the post-retest recovery could extend to $0.76. On the downside, the key support level lies at the 38.2% Fibonacci retracement at $0.60, followed by horizontal support at $0.57.

Long Positions Hit 57% Amid Growing Bullish Sentiment

As Cardano positions itself for a possible bullish reversal, the derivatives market remains stable in terms of open interest. Over the past week, Cardano’s open interest has consistently held above the $600 million mark.

Cardano Open Interest
Cardano Open Interest

Currently, it stands at $639 million, with a funding rate of 0.0035%, highlighting a short-term bullish trend. The surge in long positions further supports the expectation of a bounce-back.

Cardano Long/Short Positions
Cardano Long/Short Positions

According to Coinglass’s ADA Long-to-Short Ratio chart, long positions have surged to 57.06% in the past four hours, pushing the ratio to 1.3288 and reinforcing a strong bullish sentiment. Thus, derivative market data suggests a high probability of a post-retest reversal for Cardano.

Analyst Predicts New All-Time High for Cardano

Crypto analyst CryptoPatel supports this bullish outlook. He sees massive upside potential for Cardano, with a projected price target of $5. The analyst points to a rising channel pattern on the weekly chart as ADA approaches the lower boundary.

He also notes an ongoing accumulation phase between $0.65 and $0.45, with the lower boundary as critical support.

According to his tweet, Cardano’s key price targets include $2.00, $4.00, and $6.00, with major resistance levels at $1.17 and $2.92.

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Solana Nears $150 Breakout: Bulls Set Sights on $215

Albert Brown
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Solana Nears $150 Breakout: Bulls Set Sights on $215

Key indicators suggest a potential breakout as Solana approaches the critical $150 resistance level. Can the bullish momentum push Solana past this mark and trigger a new rally?

With Bitcoin prices fluctuating around the $88,000 level, the altcoin market remains on edge. Amid this uncertainty, Solana continues its steady recovery, eyeing a breakout above $150.

With an intraday gain of 2.21%, Solana trades at $139.58. Will this short-term recovery surpass the $150 supply zone and ignite a significant trend reversal?

Solana Price Analysis Suggests $150 Breakout Rally

On the daily chart, Solana’s price action suggests that the ongoing pullback phase may be nearing its end. The recent recovery from the $105 horizontal support level has led to a breakout above the local resistance trendline.

Solana Price Chart
Solana Price Chart

So far, the recovery has pushed past the 23.60% Fibonacci retracement at $130 and the 50-day EMA at $136.

Currently, the price is slightly above the 50-day EMA, hinting at a potential morning star pattern formation. This represents a successful retest of the dynamic resistance-turned-support level and a possible surge toward the $150 supply zone.

The overhead resistance coincides with the 38.20% Fibonacci retracement level. Meanwhile, the declining 100-day EMA is gradually approaching this critical supply area.

This zone marks a key resistance level for Solana, and a breakout here could trigger a major bull run. The rising daily RSI, which has moved above the midpoint, supports this scenario, suggesting increasing bullish momentum. All signs point to the potential for a strong upward breakout.

The initial price target for this breakout is the 50% Fibonacci retracement, near the 200-day EMA at $163. A sustained rally could push prices even higher, toward the 78.60% Fibonacci level at $215.

Key Developments in Canadian Solana ETFs

Cathie Wood’s ARK Invest made history with its first direct investment in Solana through the Canadian-based Solana Staking ETF, the SOLQ ETF. As a result, ARKW and ARKF have become the first U.S.-listed ETFs to include Solana in their portfolios.

This highlights Cathie Wood’s strong pro-crypto and pro-Solana stance. It also heightens anticipation for a potential Solana ETF listing in U.S. markets.

Elsewhere, Bloomberg ETF analyst Eric Balchunas noted that 72 crypto-related ETFs are currently awaiting approval from the U.S. Securities and Exchange Commission. These ETFs span a range of cryptocurrencies, including XRP, Litecoin, Solana, and Dogecoin.

The likelihood of these ETFs gaining approval has risen significantly following the appointment of pro-crypto advocate Paul Atkins as chairman of the U.S. SEC.

Whales Acquire Solana Amid Pump.fun’s Supply Dump

Amid Solana’s ongoing recovery, significant on-chain activity has pointed to renewed interest from large investors. Galaxy Digital, in particular, appears to be doubling down on its Solana position, having recently sold off Ethereum holdings to do so.

Over the past two weeks, Galaxy Digital has deposited 65,600 ETH (worth $105 million) to Binance and withdrawn 752,240 SOL tokens valued at approximately $98.37 million in return.

Additionally, a well-known crypto whale who previously sold Solana between April 9 and April 13 has re-entered the market. During the selling period, the whale offloaded 451,594 SOL (worth $51.86 million USDC). However, the same entity recently purchased 374,161 SOL from Binance, worth $52.78 million, re-entering the market at $141 in a bold move that defies the usual “buy low, sell high” strategy.

 

Meanwhile, Pump.fun continues to release large volumes of Solana into the market. In the past 24 hours alone, it has deposited nearly 96,000 SOL tokens (worth $13.34 million). This brings its total sales for 2025 to 1.818 million SOL, valued at approximately $324.06 million.

How Far Can $1,000 in Shiba Inu Go, Here are the Returns If SHIB Reaches $0.00005 or $0.0001

Lele Jima
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How Far Can $1,000 in Shiba Inu Go, Here are the Returns If SHIB Reaches $0.00005 or $0.0001

Investing $1,000 in Shiba Inu today could give investors significant returns if SHIB’s price increases massively to $0.00005 or $0.0001. 

Despite the relief rally observed across the broader crypto market, Shiba Inu has remained static at $0.000012. SHIB plunged to this level on April 1, 2025, and has struggled to break above it ever since. 

Although SHIB’s recent performance has been disappointing, it has not prevented investors from believing in the asset’s prospects. As previously reported, top crypto investor Patrick Schmitt speculated that SHIB might replicate its April 2021 performance and trigger the next leg of this season’s bull rally. 

This speculation sparked a debate among SHIB investors, with some setting different price targets for Shiba Inu for this cycle. While some set a conservative target of $0.00005, others believe SHIB would reach a new ATH of $0.0001. 

Shiba Inu Path to $0.00005 and $0.0001 

For many investors, Shiba Inu’s potential surge to $0.00005 and $0.0001 targets is within reach. Reaching the $0.00005 target would require a surge of 297% from the current price of $0.00001259, while the $0.0001 mark demands a 694% rally. 

At the $0.00005 and $0.0001 targets, SHIB’s market cap would rise to $29.46 billion and $58.92 billion, respectively, from the current valuation of $7.41 billion. 

The $0.0001 milestone would mark a new all-time high for the canine-themed token. While the $0.00005 projection is not new, the last time SHIB traded around this level was in late 2021, shortly after it clinched an ATH target of $0.00008845. 

$0.00005 and $0.0001 Predictions 

Interestingly, several experts predict that SHIB will revisit the $0.00005 target this cycle, while others forecast that Shiba Inu’s price could reach $0.0001 within this timeframe. 

$0.00005 Forecasts 

Notable crypto expert Dollars Maker predicted in December 2024 that an upsurge to the $0.00005 region for SHIB. Before this forecast, famous market watcher Alex Clay forecasted that the post-election market rally might push SHIB’s price to $0.00005685. 

None of these predictions has come to fruition. Nonetheless, Changelly experts speculate that SHIB would trade at the $0.00005 region by July 2027, two years from now. 

$0.0001 Predictions 

Although SHIB has never reached the $0.0001 target in its lifetime, some analysts are confident that Shiba Inu will clinch the target this season. Experts who share this sentiment include Eunice Wong, Bunchhieng, and Oscar Ramos. 

Notably, Changelly experts believe it might take a while before SHIB clinches the psychological target of $0.0001. According to them, the $0.0001 target would come to fruition by July 2029, four years from now, with SHIB projected to reach a maximum price of $0.000103 by then. 

Worth of $1,000 SHIB Investment at $0.00005 or $0.0001 

Amid this soaring optimism, we estimated the value of a $1,000 stake if SHIB clinches any of the milestones. Notably, Shiba Inu is trading within the $0.000012 mark, with a token currently priced at $0.00001259. 

At the current price, a $1,000 stake in Shiba Inu would fetch 79.42 million SHIB tokens. This 79.42 million SHIB would soar to $3,971 if the price rises to $0.00005, and $7,942 should the price clinch the $0.0001 psychological target. 

A target price of $0.00005 would yield a return of $2,971, while a $0.0001 prediction could deliver $6,942—all from a $1,000 investment in SHIB.  

Despite how lucrative this analysis might seem, whether SHIB will reach the $0.00005 or $0.0001 targets within the projected timeframes remains uncertain.

The asset could also surpass investors’ expectations and aim for lofty targets this cycle. Several factors, including favorable market conditions and widespread adoption, would drive such a feat. 

‘XRP Myth That Refuses to Die’—Pundit Says, Let’s Clear This Once and for All

Abdulkarim Abdulwahab
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‘XRP Myth That Refuses to Die’—Pundit Says, Let’s Clear This Once and for All

Widely followed community figure “All Things XRP” has taken to social media to dismantle one of the most persistent myths in the crypto space: the claim that more XRP can be printed.

In a detailed 10-point thread, the XRP advocate outlined why the token’s supply is immutable, transparent, and decentralized. He also clarified why fears of inflation or hidden minting mechanisms are entirely baseless.

Contrary to speculation, XRP’s entire supply of 100 billion tokens was pre-mined at the launch of the XRP Ledger (XRPL) in 2012. There has never been a minting function in the ledger, and no mechanism exists to introduce new XRP tokens.

Instead, XRP’s supply is deflationary over time, as the network burns a small portion of tokens with each transaction fee.

Decentralized Governance Prevents Supply Tampering

Furthermore, the commentator highlighted that a decentralized group of independent validators governs XRPL. Ripple, often mistakenly assumed to have central control, operates less than 10% of validator nodes.

Any protocol-level changes, including hypothetical changes to supply, would require over 80% validator consensus sustained over two consecutive weeks. Such a move has never occurred, and many consider it economically and politically implausible.

Notably, developers can technically fork open-source projects like the XRPL to create new versions. However, any forked chains attempting to create “new XRP” would lack legitimacy, validator support, and market relevance.

Most of Ripple’s XRP Holdings are in Escrow

Although Ripple holds a significant amount of XRP, it cannot arbitrarily release tokens into circulation. As of now, Ripple has 36 billion XRP in monthly escrows, with a maximum of 1 billion XRP released per month. Notably, the firm sends unused XRP back to escrow.

This escrow system is transparent and verifiable on-chain, ensuring Ripple cannot flood the market even if it wanted to.

Economic Incentives Make Inflation Irrational

The post also tackled a fundamental economic point: printing more XRP would be self-destructive for anyone with a stake in the ecosystem. Increasing the supply would dilute value, destroy trust, and damage Ripple’s own holdings.

“They’re a business, not idiots,” the tweet notes, stressing that inflation would be economic suicide for Ripple and harmful to the broader XRP community.

Interestingly, there have even been heated arguments about Ripple burning the XRP it holds in escrow, further weakening the argument for inflation.

Proponents of this burning strategy hope it will lead to a major price surge for XRP, rewarding holders. However, Ripple CTO David Schwartz previously cited the incineration of half of XLM’s supply, which failed to impact prices, as evidence that a similar XRP burn would be ineffective.

Bottom Line

Ultimately, the commentary stresses that no one, not Ripple, not validators, not developers, can mint new XRP, and such a move would offer no conceivable advantage to XRP stakeholders. Instead, the coin follows a deflationary model alongside its fixed supply.

Cardano Is Not Dead: Top Analyst Predicts 1,000% Rally to $7

Elendu Benedict
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Cardano Is Not Dead: Top Analyst Predicts 1,000% Rally to $7

Cardano could be up for a scintillating rally, as recent analysis suggests the asset could rally over 1,000% to unprecedented prices.

Although Cardano failed to close above a recent symmetrical triangle on Monday, its push above $0.634 today has seen it trend back above the structure again. Notably, an earlier report suggested that ADA could rally over 27% to $0.801 if the breakout holds.

Interestingly, a new analysis has predicted that the layer one token could post more upside. Specifically, prominent crypto commentator Jad Mubaslat, known as Deezy on X, predicted an over 1,000% upsurge to around the $7 mark.

Cardano Ready to Rally?

In his April 21 X post, Mubsalat urged Cardano holders to remain patient and HODL amid the recent price uncertainties. For context, ADA is down 52% from last year’s high of $1.327 and 80% from its all-time high of $3.160.

According to him, Cardano is on pace for a nearly 10x rally to uncharted territory. Notably, an accompanying chart shows that ADA’s possible rally stems from its historical price action in the last two cycles.

Cardano to $6.4/Deezy

For perspective, the asset has peaked at an ascending trendline in the last two cycles, which has persisted since its market debut. The trendline provides a precedent to determine its price top.

For context, in each bull market rally, Cardano usually hits its market top when it rallies to retest this ascending trendline. This occurred in January 2018 when ADA hit the then-peak of $1.31 along the trendline.

In addition, the asset retested the trendline again in August 2021, when it soared to the 2021 ATH of $3.1. Citing this historical context, Mubsalat has tipped Cardano to replicate the previous run, predicting a visit to the supply line soon.

Notably, if ADA replicates the feat, the chart shows it would surge 1,071% to a new all-time high of $7.09. Interestingly, this aligns with a prediction from prominent analyst Tim Warren, who highlighted two factors that could push the token to the price mark.

Cardano Is Not Dead: Analyst

Furthermore, analyst Crypto Patel has insisted that Cardano is not dead. He suggested that the 10th largest cryptocurrency by market cap is loading up for a 688% rally to $5, another new high for the token.

Meanwhile, Patel stressed that the setup for this rally is straightforward, highlighting the importance of patience for its fruition. An accompanying chart shows that ADA trades in an ascending channel, with a similar price action propelling its rally to the 2021 all-time high.

Cardano Analysis/Crypto Patel

The analyst confirmed that Cardano boasts its major support at $0.45, highlighting an accumulation phase between $0.45 and $0.65, before a rally to three targets. Per the analysis, the targets are $2, $4, and $6.

As 72 Crypto ETFs Await Approval, Here Are SEC’s Final Deadlines for XRP ETF

Lele Jima
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As 72 Crypto ETFs Await Approval, Here Are SEC’s Final Deadlines for XRP ETF

XRP community figures have highlighted the final deadlines for the SEC decisions on the multiple spot-based XRP ETF applications. 

In recent weeks, XRP community members have deliberated on whether the U.S. SEC would approve a spot exchange-traded fund (ETF) for the coin this year. 

This comes as the number of asset managers seeking to launch XRP ETFs soars tremendously. Over 10 asset managers have submitted S-1 applications to the SEC to launch XRP ETFs in the U.S. 

Some of these firms include Grayscale, 21Shares, Bitwise, Canary, WisdomTree, CoinShares, and Franklin. Several exchanges, including Cboe and NYSE Arca, have also submitted 19b-4 filings to the SEC to list and trade shares of these XRP ETFs. 

SEC Recent Decisions 

Amid the growing institutional interest in XRP, popular community figure “GA Spark” has highlighted the final deadline for the SEC to decide whether to approve or disapprove the funds. 

These deadlines went live after the SEC acknowledged the applications of XRP ETFs. The SEC must issue its decision on the filing within 240 days from the date of the acknowledgment.  

The regulator postponed its April 13 decision for several filings, including VanEck, REX‑Osprey, Tuttle Capital, and ProShares. After the postponement, XRP enthusiasts anticipate the final decision on the other applications. 

Final Deadline 

According to a table provided by GA Spark, the SEC has a final deadline of October 18, 2025, to approve or disapprove Grayscale’s application to convert its XRP Trust to a spot-based ETF. 

Likewise, the SEC must decide on the 21Shares XRP ETF filing by October 19, while Bitwise’s is on October 20, 2025. Canary’s deadline is October 24, with the following day, October 25, set as the final deadline for the SEC’s decision on WisdomTree, CoinShares, and Franklin’s XRP ETF filings. 

Although each ETF has its own final deadline, the SEC could pick a date within the approval window to decide the fate of the applications. Recall that the SEC made a similar move last year when it approved multiple spot-based exchange-traded funds for Bitcoin and Ethereum. 

Investors Optimistic About XRP ETF Approval This Year 

In the meantime, Polymarket bettors believe there is a 79% chance that the SEC will approve XRP ETFs by year-end. However, the approval odds for July 31 currently stand at 43%, representing a decline of 10% over the past day. 

The community is optimistic that the U.S. SEC will approve at least one XRP ETF this year. This optimism stems from the agency’s current shift toward crypto regulation, which has been favorable to the industry compared to what was observed in the past administration. Whether this will happen remains to be seen.

72 Crypto ETFs

Meanwhile, the XRP ETFs are among 72 crypto spot-based exchange-traded funds awaiting the SEC’s approval. According to Bloomberg ETF analyst Eric Balchunas, some of these funds are tied to cryptos such as Solana, Dogecoin, Cardano, Litecoin, and Official Melania meme coin.

President Trump to Attend Second Private Swearing-In of Paul Atkins as SEC Chairman

Albert Brown
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President Trump to Attend Second Private Swearing-In of Paul Atkins as SEC Chairman

President Donald Trump is set to attend a private swearing-in ceremony for Paul Atkins, the newly confirmed Chairman of the U.S. Securities and Exchange Commission. 

The ceremony will take place today at 4:00 PM ET in the Oval Office, according to Trump’s official schedule shared by journalist Eleanor Terrett.

Atkins, who President Trump nominated in January 2025, officially assumed the role on April 21 after receiving Senate confirmation earlier this month.

Paul Atkins’ Nomination and SEC Role

As Atkins takes over the leadership of the SEC, he will oversee the nation’s financial regulatory landscape. His appointment is pivotal as he works alongside fellow commissioners and the SEC staff to maintain fair, orderly, and efficient markets. The agency’s mission also includes protecting investors and facilitating capital formation. 

Atkins’ professional experience spans various sectors. He has a notable history of contributions to financial regulation and policy development. He served as a Commissioner for the SEC from 2002 to 2008 under President George W. Bush.

In his new role, Atkins is expected to bring his expertise, especially in the emerging field of digital assets. Notably, he played a significant role in developing best practices for the crypto sector, helping lead efforts at Patomak Global Partners, a firm he founded.

In addition, his involvement with BATS Global Markets and his work on the Congressional Oversight Panel for the Troubled Asset Relief Program further demonstrate his deep financial regulatory background.

Challenges During the Confirmation Process

Atkins’ confirmation faced delays due to the need to file additional financial disclosures following his marriage into a billionaire family. 

These disclosures reportedly included up to $6 million in crypto-related investments, such as stakes in Anchorage Digital, a crypto custody platform, and Securitize, a blockchain tokenization platform. 

Despite these delays, he was confirmed by the U.S. Senate on April 9, 2025, and is now positioned to shape the future direction of the SEC.

A New Era for Crypto 

The SEC, under Atkins’ leadership, faces a crucial year in the regulation of digital assets. The agency currently has over 70 exchange-traded fund (ETF) applications related to cryptocurrencies under consideration, including proposals involving assets like XRP, Solana, and Litecoin.

Analysts, including Bloomberg’s James Balchunas, have indicated that this year is expected to be a wild one for digital assets.

Atkins’ appointment comes amid shifts in the SEC’s enforcement approach. Under the leadership of former SEC Chairman Gary Gensler, the agency pursued a number of high-profile crypto-related enforcement actions.

However, the current SEC has dismissed several ongoing probes. These include investigations into major platforms like Coinbase, Uniswap, Consensys, and Gemini, signaling a potential change in approach.

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