Key highlights include legal clarity in the SEC lawsuit, increased institutional engagement, stable trading volumes, growth of XRP/BTC ratio, heightened on-chain activity, and expansion in the DeFi sector.
Bitwise, Canary, and 21Shares filed for XRP ETFs, Grayscale introduced an XRP Trust, and 21Shares proposed an XRP ETF to the SEC, indicating growing confidence in XRP's potential.
21Shares, known for its successful Solana staking ETP, demonstrates an expanding influence in the digital asset space.