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3 Reasons to Buy XRP Before June 2025
- May 9, 2025, 4:28 AM
Key Points
After a significant increase in value following the elections, XRP is trading in a relatively tight range around $2.
XRP has 3 catalysts for June 2025, including the potential approval from the U.S. Securities and Exchange Commission for the first XRP trading ETF.
The largest annual conference for XRP developers is also scheduled for June, and it could lead to announcements of new products or partnerships.
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After a massive increase in value of around 600% following the 2024 elections, the Ripple (XRP -0.58%) has settled into a relatively tight trading range around the $2 level. However, this may change soon, as Ripple is on the verge of another significant breakout.
Currently, June 2025 is expected to be the month when three significant catalysts converge to drive the price of XRP up. If so, this could be your last chance to buy XRP at a price lower than that of a cup of coffee.
Approval of spot ETFs
The first major catalyst is the potential approval of a new spot trading ETF for Ripple (XRP). All eyes are now on June 17, the date when the U.S. Securities and Exchange Commission (SEC) may approve Franklin Templeton's (NYSE: BEN) application to issue a spot trading ETF for Ripple. Initially, there were hopes that the SEC would do this in early May, but the decision has been postponed to June.
There is no doubt that the approval of a spot trading ETF would be a significant event for XRP. This could finally lead to widespread adoption of XRP, which was once one of the biggest names in the cryptocurrency world. XRP optimists tend to point to the example of Bitcoin (CRYPTO: BTC), which received approval for spot Bitcoin ETFs in January 2024. Once these ETFs began trading, the value of Bitcoin increased significantly.
An investor pumps a fist using a smartphone.
Source: Getty Images.
Of course, there are no guarantees that a new spot trading ETF will also raise the price of XRP. After all, the launch of new spot trading ETFs for Ethereum (CRYPTO: ETH) last July had little impact on its price. There are still concerns about the potential demand for a spot trading ETF for XRP, especially amidst global economic disruptions and uncertainty regarding tariffs.
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However, there are now at least seven different applications for XRP ETFs in the pipeline (including the application submitted by Franklin Templeton), so the conventional wisdom is that at least one of them will be approved before the end of 2025.
Will the Federal Reserve save us?
The upcoming meeting of the Federal Open Market Committee (FOMC) on June 17 and 18 may be another major catalyst. If the U.S. economy shows signs of recession due to a trade war, a rate cut may be on the agenda. Historically, rate cuts have been beneficial for cryptocurrencies, especially altcoins like XRP.
