Pro-XRP software engineer Vincent Van Code sparked new optimism across the XRP community.
In a tweet, he hinted at big developments to come. XRP. “There may be some big announcements in favor of XRP.” he I wrote. Van Cord said such a bullish announcement could be made as soon as the U.S. government reopens.
Notably, his post came as the U.S. government nears the end of its temporary shutdown. The current situation has delayed regulatory progress, particularly surrounding the long-awaited approval of XRP exchange traded funds (ETFs).
As of the latest update, ticker symbols such as GXRP and XRPZ are registered. This means that these Product is almost ready for launch Once the US SEC resumes full operations.
However, as Van Code previously pointed out, ETFs cannot be approved during a government shutdown. He estimated that even after reopening, a formal decision could take another four weeks, potentially setting a schedule for late November or early December.
Analysts expect “very big news” on XRP
Van Code’s renewed optimism echoes previous predictions from analysts who believe XRP is nearing a major turning point. September, Cryptoinsightuk assets said It was “We’re very close to large-scale development.”
He cited potential catalysts such as the U.S. approval of spot XRP ETFs and the progress of the Clarity Act, a bill aimed at defining digital asset regulation.
He also mentioned the possibility of the US government becoming involved with Ripple, either through partnerships or by using Ripple’s escrowed XRP for financial infrastructure.
This theory has been circulating since President Donald Trump’s March statement suggesting that XRP would be among the digital assets held by the government.
Increased institutional interest
While regulatory momentum has stalled, institutional activity around XRP continues to grow. Santiment data recently revealed that large wallets accumulated around 30 million XRP in one week.
Meanwhile, the newly launched REX-Osprey XRP ETF recorded $37.7 million in first day natural volume. CME Group’s XRP Futures exceeded $26 billion In conceptual volume.
Analysts estimate that spot ETF approval could lead to up to $10 billion in inflows within a year. They see these pushing the price of XRP towards double digits.
outlook
between Ripple’s multi-billion dollar acquisition With the ETF’s application nearing approval this month and top analyst forecasts, the stage appears to be set for what Van Code says. “Big announcement in support of XRP.”
In fact, long-awaited decisions, including ETF approval and possible policy developments, could spark XRP’s next big breakthrough once the government reopens in the coming days.