Prediction from legal expert: Legal expert Jeremy Hogan has predicted that XRP ETFs could be approved by the SEC in the summer of 2025. This prediction raises many hopes for investors and could drive Ripple’s growth as the cryptocurrency market is in a dynamic period with many changes.

Market reaction to rumors: As rumors about SEC Chairman Gary Gensler’s impending resignation spread, the cryptocurrency market has reacted strongly. Many believe that this leadership change could bring a more lenient environment for cryptocurrency regulations in the US, increasing optimism among investors.

Impact of asset managers: Asset management companies such as Bitwise and 21Shares have filed for ETF approval for XRP and many other altcoins. This could create a wave of capital from institutions into the cryptocurrency sector, facilitating investment from Wall Street and increasing the value of altcoins.

Search for new SEC leadership: The search for new leadership for the SEC is ongoing. Potential candidates include individuals with more crypto-friendly views, which could help promote the development of more pragmatic regulations for the cryptocurrency market.