Analysts Indicate June Could Mark a Turning Point for XRP, Here’s Why

As XRP continues to trade within a relatively stable range around the $2 mark, analysts at the US-based cryptocurrency exchange Uphold believe that June 2025 could bring significant developments that alter the trajectory of this asset. According to Martin Hiesboeck, Head of Research at Uphold, several key events scheduled for next month could trigger a substantial change in XRP's market position. Hiesboeck points out that the current price may be the last opportunity for investors to enter the market at this level, emphasizing the convergence of potential catalysts that could accelerate the next big move of XRP. Uphold reiterated this view in a separate comment after its analysis.

The SEC's Decision on the Spot XRP ETF Could Be Very Important Among the closely monitored developments is the potential ruling of the Securities and Exchange Commission of the United States (SEC) on the application for an exchange-traded fund (ETF) for spot XRP from Franklin Templeton. The SEC's decision, now expected on June 17 after postponing the initial deadline of May, is predicted to play a crucial role in the price action of XRP in the short term. At least ten applications for a spot XRP ETF have been submitted, with October set as the deadline for final decisions. Hiesboeck believes that approval could significantly expand XRP's presence in traditional financial markets, comparing it to the impact that the spot Bitcoin ETF has had on BTC's performance after being approved in early 2024. Although the approval of the Ethereum ETF in mid-2024 does not have a similar effect, some market participants believe that XRP's unique position in the global payment space and the increasing interest from institutions could lead to a stronger market reaction. The Federal Reserve's Policy May Impact Altcoin One event that could impact the market is the meeting of the Federal Open Market Committee (FOMC) of the Federal Reserve, scheduled to take place on June 17–18. Investors are closely watching the Fed's monetary policy stance, especially in the context of economic instability and geopolitical risks. If the Fed cuts interest rates or signals a more accommodative policy, the cryptocurrency market in general, including altcoins like XRP, could benefit from increased liquidity and investor risk appetite. Historically, such conditions have led to stronger gains for altcoins as traders seek assets with higher growth potential. Ripple's XRPL APEX Event Is Expected To Reveal Strategic Developments In addition to macroeconomic events and management, the XRP community is also looking forward to the annual XRPL APEX summit, which will take place from June 10 to June 12 in Singapore. Organized by Ripple and focused on the XRP Ledger ecosystem, this event is expected to provide updates on new technological advancements and strategic partnerships. Topics that may be covered include the integration of artificial intelligence, decentralized finance (DeFi), cross-chain functionality, and the tokenization of real-world assets. Hiesboeck notes that any important announcements at the conference could impact investor sentiment and lead to increased market activity. Prospects for XRP as June Approaches The price history of XRP shows the rapid price appreciation potential of this asset. After the 2024 United States presidential election, XRP rose from $0.50 to $3.39 in just two months. Since then, the token has consolidated within a range of $2 to $2.50. With many impactful events set to occur, Uphold believes that June could be a decisive period for the direction of XRP prices. As May comes to a close, both Hiesboeck and the exchange believe that investors may be witnessing the final stages of trading XRP below $3, making this a potentially pivotal time for market participants.