Pundit 5 defines the next steps to continue the XRP boom, but there is hunting

In the midst of the current market conditions, a member of the XRP community has set five next steps that can stimulate the bullish trend of prices.

It is worth noting that although the recent prices that saw XRP up to $ 2.42 before slipping to $ 2.36, the investor confidence is still low.

Assets such as Bitcoin (BTC) and Ethereum (ETH) have violated previous resistance levels, especially $ 100,000 and $ 2400. However, XRP has left any meaningful resistance, still trading at the lower end of the $ 2 sign.

Within this context, the permitted XRP lawyer, known as the name butterflyHe has Mentioned What you think is five decisive incentives necessary to run the XRP ox more pronounced. However, a closer look reveals that all these steps do not reflect the facts of the current market.

Blackrock file to get XRP ETF

The butterfly raises the first point is the possibility that Blackrock will announce the XRP ETF spot. This idea has topped the headlines, especially in light of the massive Blackrock success through the Bitcoin and Ethereum investment funds. These products collectively have drawn tens of billions of dollars since early 2024.

However, Blackrock did not do Take any step To submit XRP ETF file yet. In fact, senior executives previously indicated that the company’s concentration remains on the expansion of the current Bitcoin and ETHEREUM offers.

Interestingly, Blackrock recently Hold a meeting With SEC to discuss ETF approval criteria. This has caused new speculation, but there is no concrete evidence that XRP was part of the agenda.

Industry experts such as Nate Girassy, ​​head of ETF store, Believe Blackrock will probably submit XRP and Solana ETFS files soon. In the event of this, it can eventually enhance the chances of ETF approval and drawing a huge capital of the XRP market, which is a catalyst for price growth.

XRP FUTERES FLUT

The second point of butterflies includes XRP Futures trading. Here, the disclosure of a community member often carries, although the timelines are slightly confused.

It is worth noting that his coinbase It was already launched XRP FUTERES starting from April 2025, it is scheduled to follow the CME group with its offers Later in May. This step is a positive development that can increase liquidity and may lead to a wider institutional interest.

Experts agree that future trading can help stabilize prices and attract more advanced investors, which makes this one of the most credible and influential developments in the list.

Interest rate discounts

Next on the Butterfly menu is the suggestion that interest rates in the US Treasury will lead to an increase in the height of XRP. This point offends that the price decisions authority, which is located with the federal reserve instead of the cabinet.

Moreover, while there is an increasing belief that the Federal Reserve may reduce prices later this year, and perhaps in July, there is no immediate procedure yet. However, if the cuts are realized, you will generally benefit from risk assets such as cryptocurrencies by reducing the attractiveness of traditional investments that bear interest.

Xrp etf approval and transfer ISO

Another claim is that many ETF Spot Spot boxes are awaiting approval. In fact, nine companies, including major players such as Grayscale, Proshares and Wisdomtree, have submitted requests with SEC.

However, it has not been approved yet, and Tables are still unconfirmed. SEC recently extended its review of one of these requests by Franklin Templeton, which prompted any decision further.

Meanwhile, optimism increased with the appointment of a SEC chair more suitable for encryption, but approval is still speculative. Analysts suggest that while the possibilities in In favor, the final decision can extend to late 2025.

Finally, Butterfly is mentioned “ISO” to be held in November. This point is not valid. Specifically, ISO 20022 is a standard of global messages for financial institutions, and while there are Ripple systems CompatibleThere is no known “conversion event” that includes XRP.