XRP ETF vs HBAR ETF vs SOL ETF, Which One to Be Approved?
2025-01-04Bittime - The crypto market is in intense competition for ETF approval, in particular XRP, HBAR, and SOL.
Then, between XRP ETF vs HBAR ETF vs SOL ETF, which one is more likely to be approved first? Read this article to find out more!
ETF XRP vs ETF HBAR vs ETF SOL: Solana
To find out which one has more opportunities between ETF XRP vs ETF HBAR vs ETF SOL, let's look at the advantages of each asset.
Solana is considered one of the strong candidates in the altcoin ETF race. This blockchain is known for fast transaction And low cost so it becomes the top choice for DApps and NFTs.
Franklin Templeton has even submitted a SOL ETF application demonstrating the power of this ecosystem to attract the attention of large institutions.
Read Also: XRP ETF vs DOGE ETF: Which is Potentially Approved?
ETF XRP vs ETF HBAR vs ETF SOL: XRP
Next, to find out which has more potential between ETF XRP vs ETF HBAR vs ETF SOL, let's also look at the potential of XRP.
XRP developed by Ripple gained huge attention after victory against the SEC. This token is designed to facilitate cross-border payments, which makes it attractive to institutional investors.
With a strong community and growing adoption, the chances of an XRP ETF gaining approval are promising.
ETF XRP vs ETF HBAR vs ETF SOL: Hedera Hashgraph
Next, to find out which is more likely between ETF XRP vs ETF HBAR vs ETF SOL, let's also look at the potential of Hedera Hashgraph.
Hedera, a project with unique hashgraph technology, is an attractive option for an altcoin ETF. The project is known for its efficiency in processing transactions quickly and high scalability.
Bitwise and WisdomTree have shown interest in the HBAR ETF. If approved, Hedera has the potential to become a big player in the ETF market, especially since the project has no legal issues regarding its status as a security.
Read Also: HBAR ETF Plans and HBAR Price Predictions 2025, Can It Reach $5?
XRP ETF vs HBAR ETF vs SOL ETF: Which One is Approved?
In the competition of XRP ETF vs HBAR ETF vs SOL ETF, Hedera (HBAR) is considered to have a greater chance of getting approval first, considering that this project does not have legal obstacles like Solana and XRP.
However, Solana and XRP remain strong competitors due to their widespread adoption and technical potential. With Gary Gensler stepping down, 2025 could be a watershed moment for altcoin ETFs.
Read Also: Potential of Ripple (XRP) Technology in Various Industrial Sectors
XRP FAQs
What is XRP and what is its use?
XRP is a digital asset created by Ripple Labs and designed to facilitate cross-border payments. XRP blockchain technology enables transactions in just a few seconds with very low fees making it ideal for international money transfers and micropayments.
What is the Difference Between XRP and Other Cryptocurrencies Like Bitcoin?
XRP supports a cross-border payment system with a focus on speed and cost efficiency, different from Bitcoin which functions more as a store of value and investment tool. In addition, XRP uses a consensus mechanism that does not require mining so it is more energy efficient.
How much is 1 XRP USD?
Currently, 1 XRP is worth $2.44 according to Coinmarketcap.
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Reference
Mustafa Mulla, Crypto ETFs in 2025: Will Solana, XRP, Litecoin, or Hedera Be Approved First?, accessed January 4, 2025.
coinmarketcap, Coinmarketcap XRP Currency, accessed January 4, 2025.
Author: IPR
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