XRP Price Prediction: Legislative Trends, SEC Decisions, and ETF Approval Pace Determine Short-Term Trend, Expected to Challenge New Highs

The GENIUS Act drives legislative sentiment, XRP benefits from the rise On July 15, the U.S. House of Representatives advanced the GENIUS Act, which aims to establish a regulatory framework for stablecoins, and it may be submitted to President Trump by this weekend. This move has boosted market sentiment, with XRP being the first to respond, rising 4.11% and breaking through the $3 mark, becoming one of the pioneers in this round of cryptocurrency pump.

At the same time, the crypto-related CLARITY Act and the "Anti-Central Bank Digital Currency Surveillance National Act" have also made procedural progress, further boosting market expectations for regulatory clarity.

Ripple case may迎转机, SEC关键投票引发关注 In addition to legislative progress, the XRP market is also closely monitoring the developments in the lawsuit between the SEC and Ripple. On July 17, the SEC will hold its third closed-door meeting in July, and there is widespread speculation that it may vote on whether to withdraw its appeal against Ripple.

Previously, the SEC and Ripple reached a consensus on the settlement terms and planned to abandon the appeal, but because the court refused to make an "advisory ruling" on the settlement terms, the SEC currently has to unilaterally decide whether to withdraw the lawsuit.

If the SEC decides to withdraw the lawsuit, the Ripple case will officially come to an end. This not only means that the judicial ruling that XRP is not a security will officially take effect, but it may also accelerate the approval process for the XRP spot ETF.

Although former SEC lawyer Marc Fagel stated that the outside world cannot know the specific agenda of the closed-door meeting, he pointed out: "In the coming weeks, the SEC is likely to vote to withdraw the lawsuit, but no one knows the exact time."

XRP spot ETF may outperform ETH and SOL similar products Canary Capital CEO Steven McLurg stated that the XRP spot ETF has unique advantages: "XRP has been ruled by the court as not a security and can be directly adapted to the 1933 Securities Act fund structure. Among all the products waiting, the XRP ETF may be the most attractive."

The widespread use of Ripple in real financial scenarios also supports its ETF prospects. Once the ETF is approved, XRP's market value is expected to return to the second position, even threatening Ethereum's status.

XRP technical trend is strong, $3.4 may be the next target XRP rose to $3.0399 on July 16, reversing the previous day's decline, and the market capitalization also increased. If it breaks through $3.1017, it may challenge the 2025 high of $3.3999 and further attack the historical high of $3.5505.

However, if it falls below $3, it may pull back to $2.8056. The short-term trend will be determined by legislative developments, SEC decisions, and the pace of ETF approvals.

Bitcoin benefits from legislative progress and ETF fund inflows, nearing historical highs Besides XRP, Bitcoin also rose 0.82% to $118,641 due to the favorable GENIUS bill and macro data releases. The Federal Reserve's expectation for a rate cut in September has risen to 59.6%, coupled with nine consecutive days of net inflows into BTC spot ETFs, totaling over $400 million, all of which have driven BTC to maintain its strength.

BlackRock's IBIT continues to dominate the market, with a net inflow of $416 million in a single day, while preliminary data from July 16 shows that over $15 million has already flowed in. If the trend continues, BTC is expected to challenge the historical high of $122,057 again.

Key Factors for Bitcoin's Future Trend: Legislation + Economy + ETF Triple Signals In the short term, the main trend of BTC will be influenced by the following factors:

• Did the Congress successfully pass the GENIUS/CLARITY bill?
• U.S. retail sales data and whether the Federal Reserve's stance is dovish.
• Will the fund flow of BTC spot ETF continue the trend of net inflow?
• Has the SEC officially withdrawn the lawsuit against Ripple and ended the litigation?

Conclusion: XRP and Bitcoin are collectively迎来 a historic moment, with legislative progress, regulatory relief, and ETF expectations converging to inject a new round of momentum into the market. If the SEC withdraws its lawsuit and the GENIUS Act is implemented, both XRP and BTC are expected to challenge historical highs. Investors should closely monitor legislative developments and ETF fund flows to position themselves for the next wave of market action.