Here's Why XRP Could Be About to Soar

Group 1 - XRP has experienced a price drop of about 7% last month and has been below $3 for over a week, leading to investor uncertainty [1] - Despite recent fluctuations, XRP has potential for long-term growth and could close out the year positively [2] - The Federal Reserve is expected to meet three more times this year, with a high probability of rate cuts, which could benefit cryptocurrencies [4][6] Group 2 - Lower interest rates typically make cryptocurrencies more attractive as safe assets become less appealing [5][6] - The SEC is set to decide on XRP ETF applications in October, with a 95% approval probability as of early September [7][8] - Approval of XRP ETFs could lead to significant inflows, with JPMorgan estimating $4 billion to $8 billion in the first year, and potentially $5 billion in the first month according to industry experts [10]