DO NOT GIVE UP HOPE XRP soldiers.

After skyrocketing in value by nearly 600% after the 2024 election, XRP (CRYPTO: XRP) has settled into a relatively narrow trading range around the $2 mark. But that could be about to change, with XRP on the verge of another major breakout.

Right now, June 2025 is shaping up to be the month when three important catalysts combine to send XRP higher. If so, this might be your last chance to buy XRP for less than the cost of a cup of coffee.

Spot ETF approval

The first major catalyst is the potential approval of a new spot XRP ETF. All eyes are now on June 17, which is the date when the SEC might sign off on a spot XRP ETF application from Franklin Templeton (NYSE: BEN). There were initially hopes that the SEC might do this in early May, but the decision has now been pushed back to June.

Approval of a spot ETF, of course, would be huge for XRP. It could finally bring mainstream adoption for XRP, which was once one of the biggest names in the crypto world. XRP bulls like to point to the example of Bitcoin (CRYPTO: BTC), which had its spot Bitcoin ETFs approved in January 2024. As soon as these ETFs started trading, Bitcoin soared in price.

There are now at least seven different spot XRP ETF applications in the pipeline (including the one from Franklin Templeton), so the conventional wisdom is that at least one of them will be approved before the end of 2025.#june2025