Following an astonishing surge of nearly 600% after the 2024 election, XRP (XRP 1.58%) has stabilized around the $2 mark, but signs suggest a significant breakout might be on the horizon. As we move toward June 2025, three key catalysts appear poised to drive XRP’s price higher. Investors may soon find themselves at a pivotal moment, perhaps the last opportunity to purchase XRP for less than the cost of a cup of coffee.
Spot ETF Approval
The first major catalyst to watch is the potential approval of a new spot XRP ETF. Mark June 17 on your calendars; this is when the SEC is expected to make a decision regarding an application from Franklin Templeton ((NYSE: BEN)). Initially anticipated for early May, the decision has been postponed, leading to increased speculation within the XRP community.
Approval of a spot ETF would have monumental implications for XRP by bringing it into the mainstream. Advocates often reference Bitcoin’s meteoric rise post-ETF approvals in January 2024 as a blueprint for potential future gains in XRP. The introduction of Bitcoin ETFs led to a significant price hike, breathing new life into its market reach.
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However, it’s important to acknowledge the uncertainty surrounding this potential ETF. Similar ETFs for Ethereum ((CRYPTO: ETH)) launched last July with little appreciable effect on its price. Moreover, prevailing economic conditions and uncertain demand could impact the appetite for a spot XRP ETF, making this a high-stakes situation.
Despite these concerns, optimism is buoyed by the existence of at least seven spot XRP ETF applications currently in process. Conventional wisdom suggests that at least one will gain approval by the end of 2025, potentially igniting a dramatic price movement.
The Federal Reserve to the Rescue?
The second significant factor to consider is the upcoming Federal Open Market Committee (FOMC) meeting on June 17-18. Should the U.S. economy begin to show signs of deceleration due to a trade conflict, the FOMC might consider cutting interest rates. Historically, interest rate reductions have favored cryptocurrencies, particularly altcoins like XRP.
The rationale is straightforward: lower interest rates make riskier, higher-yielding assets like cryptocurrencies more appealing. Consequently, a notable cut could channel inexpensive capital into the crypto sector, encouraging investors to explore lower-cost altcoins such as XRP, which promise considerable long-term growth.
XRP Industry Event
The third catalyst on the horizon is the XRPLAPEX event, a significant gathering for the XRP development community. This year’s APEX event, taking place from June 10-12 in Singapore, promises to showcase top leadership from Ripple, the organization responsible for the XRP token.
Developer conferences often catalyze announcements surrounding new partnerships, product launches, and strategic plans for the future. This year’s agenda, still being finalized, is expected to touch on vital topics including artificial intelligence, cross-chain interoperability, decentralized finance (DeFi), and real-world asset (RWA) tokenization. Any substantial announcement stemming from Ripple could potentially send XRP’s price surging.
How Much Higher Can XRP Go?
While it’s critical to understand that all three of these catalysts carry a degree of speculation, the convergence of these key elements in such a short timeframe is certainly compelling. XRP has already demonstrated its capacity for explosive growth, leaping from $0.50 on Election Day to $3.39 just a couple of months later.
While broader macroeconomic factors will play a crucial role, there’s a growing sense of optimism regarding XRP’s long-term trajectory. As June 2025 approaches, many are keeping a close watch on developments and hoping for a favorable outcome.
Dominic Basulto has positions in Bitcoin, Ethereum, and XRP. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and XRP. The Motley Fool has a disclosure policy.