Dogecoin ETF More Likely Than Solana or XRP, Analysts Say

Analysts are predicting that Dogecoin has a higher chance of receiving approval for an ETF compared to Solana or XRP, as the SEC may categorize the meme coin as a commodity. The change in SEC leadership has sparked a wave of new ETF applications.

Analysts Predict Dogecoin ETF More Likely Than Solana or XRP

Analysts believe that Dogecoin is more likely to receive approval for an ETF than Solana or XRP, as the SEC may view the meme coin as a commodity. The departure of former SEC Chair Gary Gensler has led to a surge in new ETF applications, with firms intensifying efforts to win popular ETFs. Bitwise has filed for a Dogecoin ETF, seeking to create the first meme coin ETF. Analysts James Seyffart and Eric Balchunas have attempted to list ETF approval odds, previously predicting that a Litecoin ETF is most likely.

XRP ETFs Have 65% Approval Odds as Crypto ETF Race Continues in 2025

XRP, along with Litecoin and Dogecoin, are on the list of probable ETF approvals. Bloomberg analysts Eric Balchunas and James Seyffart released a list of crypto ETF filings with high chances of SEC approval, including XRP. The analysts made an educated guess on the approval odds, giving XRP ETFs a 65% chance. XRP needs to maintain support levels at $2.33 and $1.96 as it aims for the upper boundary line of a broadening wedge. Ripple's XRP saw a 3% gain on Monday following the release of the analysts' list.

LTC and XRP Surge, BTC Steady as Crypto Market Revives

Litecoin (LTC) has jumped by 15% to $130, with analysts predicting further gains due to rising ETF approval chances. Ripple (XRP) crossed $2.50, with predictions of a surge to $3. Bitcoin (BTC) saw a modest 1% gain, with upcoming US CPI data likely to affect volatility.