The Critical Month of October is Approaching for Ripple (XRP)! Will the Expected Developments Happen? Here Are the Details

October marks a defining month for XRP ￰0￱ two major regulatory decisions coinciding, these developments could alter the direction of the XRP ￰1￱ is a critical month for XRP: Could the price reach $10? But the big question is: Will these catalysts justify investors' bullish expectations? The first catalyst: XRP Spot ETF ￰2￱ ￰3￱ and Exchange Commission (SEC) will announce its final decision on spot XRP ETFs at the end of ￰4￱ from major issuers like Bitwise, Grayscale, and 21Shares are pending, and the likelihood of a delay this time appears quite ￰5￱ the market impact of the Bitcoin ETF approval, a similar process could trigger new capital inflows for ￰6￱ second catalyst: Ripple's banking ￰7￱ ￰8￱ of the Comptroller of the Currency (OCC) is set to complete its review of Ripple's application for national bank status at the end of ￰9￱ approved, Ripple would operate as a federally regulated “trust bank.” This status could give the company significant institutional legitimacy and accelerate XRP ￰10￱ to experts, the simultaneous occurrence of these two developments could push the XRP price into double-digit ￰11￱ the $10 target would require a roughly 3.5-fold increase, and the crypto market has seen such jumps in the past under strong catalysts.

Still, analysts emphasize that investors should be cautious, reminding that crypto assets are subject to high volatility. *This is not investment ￰12￱ Reading: The Critical Month of October is Approaching for Ripple (XRP)! Will the Expected Developments Happen? Here Are the Details