Ripple’s president, Monica Long, is bullish on crypto for 2025, predicting a surge driven by the approval of more cryptocurrency exchange-traded funds (ETFs).
ETF Boom Predicted
In a recent interview, Long forecast that several spot crypto ETFs will get the green light from US regulators this year. She even suggested that an XRP ETF could be next in line for approval, pointing to several applications already submitted to the SEC by firms like Bitwise, 21Shares, Canary Capital, and WisdomTree. The success of Bitcoin and Ethereum ETF approvals earlier this year is fueling this optimism.
Trump Effect and SEC Changes
Long believes the upcoming change in leadership at the SEC, along with the election of President-elect Donald Trump, will speed up the approval process for these pending XRP ETF applications.
Stablecoins Set to Explode
Beyond ETFs, Long sees massive growth in the stablecoin market. She noted that the current market size of over $150 billion for US dollar stablecoins is projected to balloon to over $3 trillion in the coming years.
Disclaimer: This information is for general knowledge and shouldn’t be considered investment advice. Always do your own research before investing in cryptocurrencies.
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