XRP’s Most Important Week In History: Here’s What’s Coming For Ripple

With the second half of the month of October underway, the crypto market has now turned its attention toward Ripple and its native XRP token . A number of important events await Ripple and XRP, starting from next ￰0￱ developments could be incredibly bullish for the altcoin’s price, triggering a run that many have expected for a while ￰1￱ Events To Watch Out For Ripple And XRP A crypto pundit who goes by Xfinancebull on the X (formerly Twitter) platform outlined the major events that are on the horizon for Ripple and ￰2￱ first and arguably the most famous and most anticipated of these is the XRP ETF decision by the Securities and Exchange Commission (SEC).

With a total of 10 XRP ETF applications pending, according to data from The Block, the SEC is nearing its deadline to make a decision on the funds’ ￰3￱ October 18 and October 25, multiple ETF applications reach their final deadlines, and the SEC will either have to reject or green-light funds such as Grayscale, Bitwise, and 21Shares, among ￰4￱ comes as the SEC reduced its application review time to 75 days, bringing the deadlines ￰5￱ next major event is the Ripple Swell event that takes place every ￰6￱ event brings together major stakeholders from all around the world to discuss the future of ￰7￱ year, the highlight is on BlackRock’s Director of Digital Assets, Maxwell Stein, talking about crypto custody at the ￰8￱ has already added fuel to the rumors that BlackRock is interested in XRP and could be filing its own ETF ￰9￱ a result, the Ripple Swell event, taking place between November 4 and 5 in New York City, is expected to be a closely watched ￰10￱ Developments So Far In addition to the upcoming bullish developments, Ripple and XRP have already seen some events that have added to their ￰11￱ of these is the completion of the Ripple ￰12￱ legal battle that began in ￰13￱ the lawsuit out of the way, it has now paved the way for XRP ETFs and price ￰14￱ crypto pundit also points to global elections being more pro-crypto than before, spanning from Japan to the ￰15￱ is also the expectation of the Clarity Act , which gives more clarification around digital ￰16￱ all of these come together, the pundit believes that the XRP price is getting ￰17￱ stop is expected to be $5, marking a floor, but if BlackRock comes to the table, then the analyst expects the price to rise above $6 .