Under new SEC leadership, excitement is building around $XRP as crypto exchange bitrue
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hints at major developments. In a recent post on X, Bitrue urged the community to pay close attention, suggesting that something big is brewing. The message quickly gained traction, sparking speculation about what’s driving the surge in $XRP’s price and market activity. Investors are now eagerly watching for the next big move, as $XRP continues to capture attention with a string of major events.
If you pay attention, there's a lot going on for #$XRP 👀
— Bitrue (@BitrueOfficial) February 11, 2025
$XRP ETF Frenzy Takes Over
One of the biggest drivers behind the excitement is the SEC’s unexpected attention to $XRP ETF filings. On Thursday, the SEC officially recognized Grayscale’s $XRP ETF application, triggering a strong 12% price rally, making $XRP the best performer among the top ten cryptos. The momentum didn’t stop there. The very next day, the SEC acknowledged another $XRP ETF filing—this time from 21Shares—pushing $XRP’s weekly gains to an impressive 17%. The market response has been electric, with traders now eyeing the possibility of $XRP reclaiming its all-time high of $3. The shift in the SEC’s stance is surprising, given its history of rejecting altcoin ETFs.
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