XRP’s Regulatory Breakthrough: Larsen-Atkins Meeting Sparks Spot ETF Approval Speculation
In a potentially transformative development for the cryptocurrency market, Ripple Executive Chairman Chris Larsen is set to meet SEC Chairman Paul Atkins on May 2, 2025. This high-stakes meeting comes amid growing speculation about the SEC’s readiness to approve a spot XRP ETF, which would represent a major regulatory milestone for digital assets. The discussion gains added significance given Atkins’ background as a former SEC commissioner with blockchain advocacy experience and the Trump administration’s pro-crypto policies. market observers suggest this could accelerate XRP’s mainstream adoption and potentially trigger significant price movement, as regulatory clarity has historically been the primary obstacle for institutional investment in XRP.
Ripple’s Chris Larsen to Meet SEC Chairman Paul Atkins Amid Spot XRP ETF Rumors
Ripple Executive Chairman Chris Larsen is scheduled to meet SEC Chairman Paul Atkins on May 2, 2025, in what could mark a pivotal moment for the crypto industry. Insiders suggest the SEC may be nearing approval of a spot XRP ETF, signaling potential regulatory progress under the Trump administration’s pro-crypto stance.
Atkins, a former SEC commissioner with blockchain advocacy experience, could accelerate clarity for XRP’s legal status. The meeting follows years of litigation between Ripple and the SEC, with markets anticipating a resolution that might establish precedent for crypto asset classification.
Ripple Price Prediction for May 2025: XRP’s Sideways Trend Nearing Inflection Point
XRP’s price action continues to confound traders, oscillating between bullish momentum and corrective pullbacks. After nearly testing its all-time high at $3.50 in January 2025, the fourth-largest cryptocurrency by market capitalization has retreated 52% to current levels around $2.23, entering a prolonged consolidation phase.
Technical analysis suggests an imminent breakout from this sideways channel. Market participants are divided on whether the next leg will revisit the $3.00 resistance or test support at $1.00. The token’s ability to maintain its $130 billion valuation despite the correction signals persistent institutional interest.
Key factors influencing May’s price trajectory include regulatory clarity, adoption metrics, and broader market trends. XRP’s unique position as a bridge currency continues to attract both speculative and utility-driven demand, though volatility remains elevated compared to more established assets.
Bloomberg Analysts Assign 85% Probability to XRP ETF Approval by 2025
Market sentiment around XRP is shifting dramatically as regulatory winds change. Bloomberg Intelligence now estimates an 85% likelihood of spot ETF approval for the embattled asset within the next eighteen months. This surge in probability follows leadership changes at the SEC that suggest a more crypto-friendly posture.
The potential ETF approval represents a watershed moment for XRP, which has faced intense regulatory scrutiny. Institutional analysts are already modeling price trajectories that could challenge previous all-time highs. On prediction markets like Polymarket, contract prices reflect growing consensus around imminent regulatory clearance.
XRP Holds Steady Above $2.20 Amid ETF Delay and SEC Settlement Speculation
XRP demonstrated resilience on April 30, trading within a tight range NEAR $2.25 before settling at $2.24 by the close. The token’s stability defied mixed technical signals, including fleeting bearish crossovers and a late-session Golden Cross on the MACD that reignited bullish momentum.
Market observers noted the price action unfolded against a backdrop of ETF-related uncertainty and ongoing speculation about Ripple’s potential settlement with the SEC. Oversold and overbought RSI readings triggered rapid reversals throughout the day, showcasing the asset’s volatility.
