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Ripple (XRP) is gathering steam on speculation of an ETF approval that will see a surge in market confidence and trading activity. This comes as DTX Exchange (DTX) hits $8.8 million in presale funding following the launch of its ETF trading feature.
As both projects have captured the headlines, market analysts are keeping a close eye on Ripple. A potential victory against the SEC could transform XRP’s prospects, especially as the rapid growth of DTX Exchange reflects investors’ strong interest in innovative DeFi solutions.
Ripple Takes Off Over Speculations of XRP ETF In 2025
For the third week running, XRP places on the most visited and trending list. Demand for Ripple is currently high after chances for the approval of the XRP ETFs strengthened over the weekend. Ripple CEO Brad Garlinghouse has emphasized the inevitability of XRP ETFs, driven by the asset’s legal clarity following its classification as not a security. His optimism aligns with the Monday morning filing for an XRP ETF by WisdomTree, joining 21Shares and Canary Capital.
On November 27, Bitwise launched the Bitwise Physical XRP ETP (GXRP) with more than $80 million in AUM to European investors. Ripple also partnered with Archax to launch the first-ever tokenized money market fund on the XRP Ledger. The new development would unlock tokenized access to abrdn’s $3.8 billion liquidity fund to professional investors.
Meanwhile, the price of Ripple’s XRP jumped 30% in the last week, with the token approaching its resistance around $1.5. With 17 green days in the last 30 days, XRP currently trades above its 200-day SMA. Analysts project that an ETF approval could propel XRP to break through significant resistance, potentially surpassing its all-time high by a long shot.
DTX Exchange Launches ETF Trading Features, Investors Surge
In the same week, DTX Exchange has taken off after launching an ETF trading feature, which effectively links Ripple with the new DEX platform. DTX Exchange is gaining traction as a trading platform without all the limitations of centralized and decentralized systems. By adopting a non-custodial approach, users can truly own their assets and private keys, truly maxing out on what decentralization should be.
Unlike most platforms, DTX Exchange had provided more options on any market: cryptocurrencies, ETFs, financial instruments, and tokenized real-world assets. This single feature propelled the popularity of the platform, evident from the thousands of Phoenix Wallet downloads. With up to 1,000x in leverage options and support of AI trading tools, users can utilize even the tiniest of market movements.
DTX Exchange is oriented toward educational tools that would help novices understand the very basics of trading and professional traders fine-tune their strategy. By including on-chain data into education, DTX equips users with the power of making decisions based on the latest market and blockchain events.
The DTX token fuels the ecosystem, offering benefits to its holders. Currently priced at $0.1 per token, investors will gain access to loyalty rewards, staking opportunities, and the exclusive VIP Rebate Initiative which returns 3% of weekly profits to large holders. With $8.8 million already raised and a rumored 45x surge post-listing, the profit potential is significant.
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*This article was paid for. Cryptonomist did not write the article or test the platform.
