XRP ETF Decision Delay Sparks Interest in ’XRP 2.0’ as Alternative Investment
The U.S. Securities and Exchange Commission (SEC) has postponed its decision on Franklin Templeton’s spot XRP ETF to June 17, 2025, leaving investors in prolonged uncertainty. This delay aligns with similar holdups for other altcoin ETF applications, raising questions about whether approval will be granted before the SEC’s final October deadline. Following the announcement, XRP’s price dipped to $2.12, interrupting its intraday rally. Analysts suggest that the postponement has led traders to explore alternative opportunities, with ’XRP 2.0’ emerging as a potential contender. The delay underscores the regulatory challenges facing cryptocurrency ETFs, even as market participants remain optimistic about long-term growth prospects for digital assets.
XRP ETF Decision Delayed, Traders Eye ’XRP 2.0’ as Alternative
The U.S. Securities and Exchange Commission has deferred its decision on Franklin Templeton’s spot XRP ETF to June 17, 2025, prolonging the uncertainty for investors. This delay mirrors similar holdups for other altcoin ETF applications, casting doubt on whether approval will come before the SEC’s final October deadline.
XRP’s price dipped to $2.12 following the news, interrupting its intraday rally. Analysts note the postponement is diverting speculative capital toward a new payments-focused project being marketed as ’XRP 2.0,’ which claims 13,000% growth potential.
The SEC’s new deadline falls just two days after regulators must file a status update in their appeal of Ripple’s partial legal victory from 2023. Market observers describe the timing as strategically significant, potentially influencing both regulatory and price outcomes for XRP.
XRP Eyes $2.50 Target If Breaks $2.22 Resistance, Analysts Predict
XRP is trading at $2.15, caught between a key resistance level at $2.22 and support at $1.99. A breakout above $2.31 could signal a trend reversal toward $3.00, while regulatory developments and progress in the SEC lawsuit continue to fuel bullish sentiment.
The token’s technical squeeze between resistance and the 200-day EMA suggests impending volatility. Traders are closely monitoring for a decisive move in either direction, which could trigger significant price action.
Only 1 in 8,000 People Hold XRP: Is It Too Late to Join?
XRP remains one of the most exclusive cryptocurrencies in the market, with only 1 to 2 million holders globally. This translates to roughly one in every 4,000 to 8,000 people owning the asset, according to analysis by Cheeky Crypto. Despite its loyal community and potential to revolutionize cross-border payments, adoption remains surprisingly low.
The scarcity of XRP holders has drawn comparisons to an exclusive club. In a stadium of 16,000 people, statistically just two would hold the token. The question now is whether this rarity presents an opportunity or a missed chance for latecomers.
Ripple Commits $25M in Ripple USD to Support U.S. Classrooms
Ripple has pledged $25 million in Ripple USD (XRP) to bolster educational resources for teachers across the United States. The initiative, in partnership with Donors Choose and Teach For America, targets underserved classrooms, equipping educators with tools to enhance learning environments.
The commitment reflects Ripple’s strategic focus on leveraging cryptocurrency for social impact. By channeling funds through established education nonprofits, the company aims to create measurable improvements in student outcomes while demonstrating blockchain’s utility beyond financial markets.
