As of June 23, 2025, XRP is trading at $2.04, marking a 3% increase from its previous close. This recovery follows a low of $1.91, indicating strong buying interest. (Source: Financial Times, June 23, 2025)
The regulatory environment has become more favorable for cryptocurrencies, with the re-election of President Donald Trump leading to a more crypto-friendly stance. The SEC, under Paul Atkins, has approved various cryptocurrency ETFs, including those tracking Solana and XRP. (Source: Financial Times, June 23, 2025)
Analysts are optimistic, with projections suggesting XRP could reach $5 by the end of 2025. Egrag Crypto notes a bullish double bottom pattern, potentially leading to a rally toward $2.50 and beyond. (Source: Financial Times, June 23, 2025)