Analyst Predicts XRP Price Could Reach $25 to $75 in June
A crypto analyst predicts that the price of XRP could rise to between $25 and $75 in June 2025. This potential surge is attributed to several key factors:
- Elon Musk's anticipated rollout of X payments, which may enhance XRP's utility and adoption.
- The introduction of the “Genius Act” in June, aiming to clarify regulations for digital assets and reduce barriers for XRP.
- A critical juncture in the ongoing US SEC lawsuit against Ripple, with a favorable outcome likely to eliminate regulatory uncertainty.
- The expected approval and launch of XRP Exchange Traded Funds (ETFs), increasing institutional demand and possibly leading to a supply squeeze.
- The implementation of the ISO 20022 messaging standard in July, integrating XRP into global payment systems.
The analyst also highlights positive market dynamics and investor sentiment as contributing factors to this potential rally. The previous delays on key developments are now over, potentially triggering heightened interest from institutional investors. However, there are warnings about possible manipulation practices during this bullish phase, where large players might accumulate assets at retail investors' expense.
