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In the latest ETF developments, the SEC has pushed back its decisions on several key applications, including spot XRP ETFs. However, whispers are swirling that asset management giant BlackRock may soon file its own application for XRP ETFs. Could this surge of institutional interest propel XRP to soar past $5?
Besides XRP, the rising altcoin JetBolt (JBOLT) is creating a buzz with its impressive presale that has sold nearly 345 million tokens. JetBolt’s zero-gas technology and Web3 utilities are intriguing crypto insiders from all over.
Amid SEC delays on XRP ETF decisions, can XRP still surpass $5? Could JetBolt provide a fresh perspective on blockchain engagement with its tech-powered features? Keep reading to find out.
XRP: With SEC Delay in XRP ETFs, Is Surpassing $5 Still Possible?
Following a wave of ETF filings, Ripple’s XRP is witnessing increasing adoption among financial institutions worldwide, as more firms are stepping up to file applications for spot XRP ETFs. Last week, $1.5 trillion asset manager Franklin Templeton filed an S-1 application with the SEC for its own XRP ETF.
Prior to the Franklin Templeton application, the SEC has delayed issuing a decision on several key ETF applications, including spot XRP ETFs. According to some market insiders, the SEC’s delay could provide a crucial window for major players, like BlackRock, to strengthen its position.
Interestingly, ETF Store President Nate Geraci has speculated that asset management giant BlackRock is considering filing for XRP ETFs, likely to follow after Ripple’s lawsuit with the SEC concludes.
X post of ETF Store President Nate Geraci suggesting that BlackRock may likely file for spot XRP ETF
As the competition for XRP-related financial products heats up, the crypto community is eagerly awaiting the SEC’s next moves. Meanwhile, XRP appears to be recovering after weeks of market uncertainty. Trading at $2.33 as of writing, XRP has climbed 7.2% over the last seven days.
As XRP exhibits resilience amid market volatility, some analysts suggest that XRP looks on the verge of breaking out of its long-term trend after its recent surge. Accordingly, if XRP can surpass key resistance zones, it could clear the way to $3. As such, XRP’s goal of surpassing $5 remains uncertain, needing more time to stabilize and regain bullish momentum.
JetBolt: The Game-Changing Zero-Gas Token
In the wake of XRP’s ambitious dream, JetBolt (JBOLT), is turning heads with its presale soaring to nearly 345 million tokens sold. Crypto buyers and traders are buzzing with JetBolt’s groundbreaking technology and Web3 solutions.
JetBolt continues to gain notable attention with its zero-gas technology, a cutting-edge feature that allows users to engage in blockchain interactions without incurring any gas fees. This Skale tech also opens the door for developers to explore cost-effective projects across decentralized applications (dApps) and Web3.
Additionally, JetBolt has an AI-driven tool that aggregates trending blockchain news, trends, and insights, all organized according to market sentiment.
In a move to redefine the staking experience, JetBolt staking includes crypto rewards for users who engage on the platform while simultaneously staking, promoting active participation and community interaction.
JetBolt also features an integrated Web3 wallet that utilizes WebAuthN and facial recognition for seamless access.
Buyers in the presale can seize exciting perks, such as exclusive Alpha Box bundles, which give up to 25% extra tokens for batch purchases.
With its futuristic edge and enhanced the blockchain user experience, JetBolt is quickly emerging as one of the next-gen altcoin game-changers to watch in the coming days.
Final Take: Can XRP Surpass $5 while SEC Delays XRP ETF Decisions?
The SEC’s delay with its decisions makes it more challenging for XRP to surpass the $5 mark. However, with rising institutional interest and a potential resolution of Ripple’s lawsuit with the SEC on the horizon, XRP’s evolving role in the financial landscape could help accelerate the SEC’s decisions on its spot ETFs.
Meanwhile, JetBolt’s growing momentum amidst challenging market conditions indicates that this project is more than just a new trend. With features like zero-gas technology and AI utility, JetBolt stands at the forefront of blockchain innovation. Only time will reveal whether JetBolt can surge to uncharted heights and lead the next altcoin wave.
Get the latest on JetBolt’s exciting presale and advanced features on its official website today.
Please note that the cryptocurrency market is characterized by significant volatility, and market trends can shift quickly without warning. This piece does not aim to provide any trading or financial advice. Conducting independent research is essential before taking any crypto-related action.
