XRP, the third-largest cryptocurrency, has seen a 13.3% surge in the past week and has held its ground above $3 despite seller attempts to push prices down. Analysts believe that the potential approval of a spot XRP exchange-traded fund (ETF) and a favorable outcome in the SEC lawsuit could drive XRP to new all-time highs. Pro-Ripple lawyer John Deaton predicts that the SEC's case against Ripple is on shaky grounds, citing Judge Analisa Torres' ruling that XRP is not a security when sold to retail investors. With the appointment of Paul Atkins as the new SEC Chair, analysts are hopeful for a peaceful resolution, as Atkins has criticized the agency's regulatory overreach in the past. REX Shares has also applied for multiple crypto ETFs, including ones for XRP, Solana, Dogecoin, and Bonk. Technical indicators suggest a potential correction for XRP in the short term, but overall, the bulls seem to be in control of the token's price action.



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