XRP ETF Approval Probability Hits 83% as Market Optimism Grows Amid SEC Scrutiny

The cryptocurrency market is buzzing with optimism as the approval odds for an XRP spot ETF have surged to 83%, according to prediction platform Polymarket. This significant increase comes despite ongoing regulatory scrutiny from the SEC, which analysts find unusual at this stage of the process. Ripple CEO Brad Garlinghouse has also emphasized the importance of ETFs as a key development for institutional validation, further fueling market confidence. As of May 27, 2025, the XRP price stands at 2.29310000 USDT, reflecting the growing anticipation among investors.

XRP ETF Approval Odds Surge to 83% Amid SEC Scrutiny

Market Optimism for an XRP spot ETF has sharply increased, with prediction platform Polymarket reflecting an 83% approval probability. This surge comes despite regulatory hurdles from the SEC, which analysts like Bloomberg Intelligence’s James Seyffart note as atypical for this stage of the process.

Ripple CEO Brad Garlinghouse highlighted ETFs as a pivotal development in the company’s recent podcast, signaling institutional validation. Major asset managers including Grayscale and Franklin Templeton await SEC decisions on their filings, with October emerging as a likely timeline for resolutions.

The growing institutional interest contrasts with the SEC’s historical resistance, creating a tense backdrop for what could become a watershed moment for cryptocurrency mainstream adoption.

XRP Price Bounces Back — Can It Reclaim Key Resistance Levels?

XRP has initiated a recovery phase, stabilizing above the $2.250 support level. The cryptocurrency now eyes a potential breakout above $2.350, following a period of consolidation. A recent surge past the $2.30 resistance, accompanied by a break of the bearish trend line on the hourly chart, signals renewed bullish momentum.

Market activity shows traders defending the $2.650 level after a dip below $2.420. With Kraken data indicating upward movement, XRP’s ability to clear the $2.380 resistance could determine the next leg of its rally. The token’s performance continues to correlate with broader market trends observed in Bitcoin and Ethereum.

Dubai Adopts XRP Ledger for Real Estate Tokenization Pilot

Dubai’s Land Department has launched the Middle East’s first government-backed property title tokenization initiative, selecting the XRP Ledger as its settlement layer. The pilot program, developed under the Real Estate Evolution Space Initiative, aims to revolutionize how real estate assets are traded and financed in the emirate.

The XRPL integration creates a legally compliant bridge between blockchain-based deed tokens and Dubai’s traditional land registry system. RippleX hailed the MOVE as a significant milestone for both Dubai’s real estate market and blockchain adoption in institutional settings.

XRP Price Consolidates in Bullish Pattern Amid $5 Speculation

XRP’s price action has tightened into a bullish compression pattern after retreating from weekend highs NEAR $2.40. The sixth-largest cryptocurrency now mirrors historical consolidation phases that frequently preceded major breakouts—including its 2017 parabolic rally that saw gains exceeding 50,000%.

Technical analyst Dennishhrndz identifies critical support holding above a multiyear ascending trendline. The current price structure resembles a coiled spring, with shrinking volatility typically foreshadowing explosive moves. Market participants increasingly speculate about a potential retest of all-time highs, with some derivatives traders positioning for a $5 target.

Dubai Launches Tokenized Real Estate on XRP Ledger in Partnership with Ctrl Alt

Dubai’s Land Department has selected the XRP Ledger to power the Middle East’s first government-backed real estate tokenization initiative. The project, developed in collaboration with blockchain firm Ctrl Alt, enables fractional ownership of Dubai properties starting at just AED 2,000. This marks a significant convergence of cryptocurrency and traditional real estate markets.

The PRYPCO Mint platform allows UAE ID holders to purchase tokenized property shares, bridging conventional land records with blockchain technology. "This initiative represents a transformative step in asset ownership," said Matt Ong, CEO of Ctrl Alt. The move is expected to drive adoption of XRP and demonstrate Ripple’s utility in institutional applications.

XRP Price Climbs Amid Surging Trading Volume

Ripple’s XRP gained 1.98% to $2.35 as 24-hour trading volume jumped 45.91% to over $2.14 billion, signaling strong investor interest. The token’s market capitalization now stands at $138.02 billion.

XRP has risen 1.66% over the past week, outperforming many major cryptocurrencies. Meanwhile, Jupiter, Virtuals Protocol and Artificial Superintelligence Alliance led gainers, while Four, XDC Network and PAX Gold declined sharply.