| Cryptocurrency | Price (USDT) |
|---|---|
| BTC | $107432.9200000000 |
| ETH | $2439.6950000000 |
| BNB | $647.0193800000 |
| XRP | $2.1935240000 |
| ADA | $0.5666890000 |
| SOL | $151.2551000000 |
| DOGE | $N/A |
| DOT | $3.3837000000 |
| LTC | $87.2579000000 |
| LINK | $13.3616800000 |
Category: CRYPTO NEWS
The post XRP Could Explode in June 2025—3 Big Reasons appeared on BitcoinEthereumNews.com. With XRP ETF approval chances at 98% according to Polymarket, analysts anticipate a liquidity boost and broader adoption. The upcoming FOMC meeting on June 17–18 could influence XRP prices. Market speculation points to a potential 25-basis-point rate cut. Ripple’s native crypto XRP has underperformed the rest of the altcoins market over the past month, and is currently trading around the $2.2 level. However, June could be a game-changer for XRP investors considering average returns of 8.5% this month, over the past 11 years. As a result, market optimism surrounding the Ripple crypto is rising once again, with analysts citing three developments that could lead to an upside trajectory. Approval of Spot XRP ETF A significant development ahead in the Ripple ecosystem for the month of June is the U.S. Securities and Exchange Commission’s (SEC) anticipated ruling on Franklin Templeton’s proposed Spot XRP ETF, expected by June 17. If approved, the ETF would allow institutional and retail investors to invest in XRP through traditional financial platforms directly, eliminating the need for cryptocurrency wallets. The probability of the U.S. Securities and Exchange Commission (SEC) approving an XRP exchange-traded fund (ETF) soared to 98% on June 3, according to decentralized prediction platform Polymarket. Source: Polymarket Currently, Polymarket estimates a 93% likelihood of approval by December 31, 2025. This reflects a notable 23% increase over the past month, even amidst repeated delays by the securities regulator. Prominent analyst Cekky Crypto predicts that this approval could have a transformative effect on XRP, akin to Bitcoin’s ETF launch in early 2024. This launch could certainly provide a major liquidity boost to the Ripple cryptocurrency. The Possibility of Fed Rate Cuts to Influence Price All eyes are currently on the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) meeting, set for June 17–18, as these macro indicators…
2025-06-06T03:37:09+00:00