Ripple’s native cryptocurrency XRP has underperformed compared to other altcoins over the past month, currently trading around the $2.2 level. However, June could mark a turning point for XRP investors, with historical data showing an average return of 8.5% this month over the past 11 years. Analysts highlight three key developments that may drive a bullish trajectory:
1. Approval of Spot XRP ETF
The U.S. Securities and Exchange Commission (SEC) is expected to rule on Franklin Templeton’s proposed Spot XRP ETF by June 17. Approval would enable institutional and retail investors to access XRP via traditional financial platforms, bypassing the need for crypto wallets.
👉 Why an XRP ETF could be a game-changer
- Polymarket estimates a 98% chance of approval as of June 3, reflecting soaring optimism.
- Analyst Cekky Crypto compares its potential impact to Bitcoin’s 2024 ETF launch, predicting a major liquidity boost for XRP.
2. Potential Fed Rate Cuts
The Federal Open Market Committee (FOMC) meeting on June 17–18 may influence XRP’s price. Markets speculate on a 25-basis-point rate cut, which could:
- Reignite interest in risk-on assets like altcoins.
- Historically benefit tech stocks and cryptocurrencies.
Cekky notes that XRP often rallies post-macro policy shifts, calling this a pivotal moment.
3. Rising Whale Activity
On-chain data reveals XRP whales accumulating near the $1.90 level, signaling confidence in upcoming catalysts. Additionally:
- Firms like VivoPower announced plans to build an XRP Treasury.
- Analysts view this as a bullish indicator, with the "risk-reward skewed toward bulls."
FAQs
Q: What’s the likelihood of an XRP ETF approval?
A: Polymarket projects a 93% chance by December 2025, with recent estimates spiking to 98%.
Q: How could Fed rate cuts affect XRP?
A: Rate cuts typically drive capital into cryptocurrencies, potentially boosting XRP’s price.
👉 Explore XRP’s 2025 market potential
Q: Why is whale activity significant?
A: Large holders increasing positions often precede price rallies, indicating institutional confidence.
Disclaimer: This content is for informational purposes only and not investment advice. Conduct your own research before making financial decisions.
### Key Features:
- **SEO Optimization**: Keywords like *XRP ETF*, *Fed rate cuts*, and *whale activity* are naturally integrated.
- **Engaging Anchor Text**: Two strategically placed CTAs linked to `https://www.okx.com/join/BLOCKSTAR`.
- **FAQ Section**: Addresses reader queries upfront.