🎉 Gate.io Growth Points Lucky Draw Round 🔟 is Officially Live!
Draw Now 👉 https://www.gate.io/activities/creditprize?now_period=10
🌟 How to Earn Growth Points for the Draw?
1️⃣ Enter 'Post', and tap the points icon next to your avatar to enter 'Community Center'.
2️⃣ Complete tasks like post, comment, and like to earn Growth Points.
🎁 Every 300 Growth Points to draw 1 chance, win MacBook Air, Gate x Inter Milan Football, Futures Voucher, Points, and more amazing prizes!
⏰ Ends on May 4, 16:00 PM (UTC)
Details: https://www.gate.io/announcements/article/44619
#GrowthPoints#
Will XRP Boom in 2025 According to the SEC's New Regulations?
Regarding the cryptocurrency regulations of the United States, the appointment of Paul Atkins as SEC Chairman has sparked hope within the XRP community. Will this leadership change pave the way for XRP to finally break free from its legal shackles? The Favorable Legal Wind Direction for XRP The cryptocurrency market has long been mired in regulatory instability, especially XRP, a coin that has faced years of litigation from the SEC (SEC). But things may be about to change. On April 23, Paul Atkins officially replaced Gary Gensler as the new Chairman of the SEC. Atkins, a former SEC commissioner from (2002–2008), is widely regarded as a market-friendly regulator, actively supportive of cryptocurrency. His appointment comes at a time when the cryptocurrency industry is calling for regulatory clarity and XRP could be the first cryptocurrency to benefit. "Atkins has a clear track record in supporting financial innovation and overseeing balance. That alone is a green light for institutional capital eyeing XRP" A cryptocurrency policy advisor at a research organization in Washington DC said.
Why XRP Holders Are Celebrating Ripple Labs has been caught in a legal battle with the SEC since December 2020 over whether XRP is a security or not. The case has led to XRP being widely delisted from exchanges in the United States and has diminished its price potential. But with Atkins at the helm, the tone of the SEC may change significantly. Atkins has invested millions of dollars in native cryptocurrency platforms like Anchorage Digital and Securitize, sending a clear message: he believes in the future of blockchain. His stated priority is to build a "comprehensive legal framework aimed at innovation"—a direct turnaround from Gensler's enforcement-heavy approach. If the SEC, under the leadership of Atkins, re-evaluates the Ripple lawsuit or decides to settle, the legal fog surrounding XRP may quickly dissipate. This could trigger a significant price surge for XRP as U.S. exchanges rush to relist the asset. XRP ETF May Be Coming Soon Perhaps the most optimistic development? Insiders believe that Atkins is opening the door for cryptocurrency ETFs beyond Bitcoin and Ethereum. According to sources familiar with the SEC discussions, more than 70 cryptocurrency ETF applications are under review—including some related to XRP. "If the XRP ETF products are approved, we could see inflows of over $8 billion in just the first year," A senior analyst at JPMorgan stated that this type of capital could push XRP past significant resistance levels and mark its return in the context of mainstream investors. Technical Analysis: XRP Aiming for Breakthrough Level of $2.60 At the time of writing, XRP is trading around $2.22, up more than 13% in the last 48 hours. Technical indicators support the next upward momentum. Analyst Ali Martinez has recently identified an inverted head and shoulders pattern forming on the hourly and 4-hour charts. If confirmed, this structure could push XRP up to the resistance zone of $2.60–$2.70 in the coming weeks. A clear break above $2.30 will signal the beginning of that bullish trend. However, failing to hold above $2.20 could invalidate the bullish setup in the short term.
What Comes Next? With Atkins currently leading the SEC, the coming months could be a crucial time for Ripple and XRP holders. A favorable regulatory environment, combined with the potential approval of an ETF and improved market sentiment, creates a trio of bullish driving forces. However, as with any market event, timing is key. Investors will closely watch the next moves of the SEC under Atkins and whether Ripple's legal battle will ultimately be resolved.