According to Crypto Rover, the U.S. Securities and Exchange Commission (SEC) has officially delayed its decision on the Franklin Spot XRP ETF application, as reported on April 29, 2025 (source: Crypto Rover on Twitter). This delay introduces additional uncertainty for traders anticipating institutional inflows into XRP, potentially impacting short-term price volatility and trading volumes. Market participants should closely monitor further SEC announcements and related ETF filings, as approval decisions have historically triggered significant market movements in the underlying asset. Active traders are advised to adjust their strategies to account for regulatory timelines and possible price swings linked to ETF news (source: Crypto Rover, Twitter).

According to paulgrewal.eth on Twitter, Ripple expressed appreciation for the Court's careful consideration in its ongoing legal proceedings (source: @iampaulgrewal, April 28, 2025). This acknowledgment signals that recent judicial actions continue to play a significant role in shaping XRP’s regulatory outlook and short-term trading sentiment. Traders should closely monitor further court developments and official statements as legal clarity remains a major catalyst for XRP price volatility and volume, impacting strategy for both short-term and swing traders.