Why Litecoin and Solana ETFs Could Leapfrog XRP—Regulators Play Favorites Again
While XRP languishes in regulatory purgatory, Litecoin and Solana are quietly positioning themselves as the next crypto ETFs to hit Wall Street. Here’s why institutional money might bypass Ripple’s darling.
The Compliance Edge: Old Guard vs. New Tech
Litecoin’s Bitcoin-lite simplicity gives regulators fewer attack surfaces—meanwhile, Solana’s speed demon architecture seduces TradFi players chasing low-latency arbitrage. Both lack XRP’s baggage of ongoing SEC warfare.
Volume Talks, Bullishness Walks
LTC and SOL have consistently ranked top 10 by trading volume for 18 months—the exact window when ETF sponsors started vetting candidates. XRP’s liquidity? As reliable as a crypto bro’s ’generational wealth’ predictions.
Wall Street wants ETFs it can pump without legal landmines. Until Ripple’s lawsuit dust settles, the smart money’s betting on less controversial horses—another triumph of financial cowardice over innovation.
One Last Stop?
Eleanor Terrett, a former Fox Business reporter, posted on April 29 that the US SEC postponed its decision on the Franklin Templeton spot XRP ETF until June 17, initially scheduled for May 3.
🚨NEW: The @SECGov has delayed making a decision on Franklin Templeton’s $XRP spot ETF until June 17.https://t.co/3EeRWBzBmg pic.twitter.com/BYfZJw5qWl
— Eleanor Terrett (@EleanorTerrett) April 29, 2025
XRP faced a mild price correction after the delay on the ETF decision.
XRP dropped 3% and is trading at $2.2 at the time of writing. Ripple’s flagship digital asset is currently the fourth-largest cryptocurrency in the market with a total value of almost $130 billion.
Notably, XRP’s price drop has aligned with a market-wide correction. According to data from CoinMarketCap, the global crypto market cap declined 0.4% to $2.96 trillion.
Many analysts still believe that the approval of spot XRP ETFs could help it reach new all-time highs, similar to the Bitcoin-based investment products.
nextLitecoin, Solana Have Higher Chance of ETF Approval Than XRP: Here’s Why