XRP’s Meteoric Rise: Early Investors Cash In Amid Regulatory Clarity

XRP has solidified its position as one of the top-performing large-cap cryptocurrencies in the current market cycle, boasting an impressive rally of over 300% since October 2024, with its price surpassing the $2 mark. This remarkable surge has prompted early retail investors to accelerate profit-taking, as evidenced by on-chain data revealing $68.8 million in realized profits earlier this month—the highest in more than a year. Despite bullish technical indicators and the newfound regulatory clarity for Ripple, the distribution pressure from long-term holders could pose short-term challenges. However, the broader outlook remains optimistic, with XRP's strong fundamentals and regulatory wins positioning it for sustained growth in the evolving cryptocurrency landscape.

XRP Early Buyers Accelerate Profit-Taking Amid Regulatory Wins

XRP has emerged as one of the top-performing large-cap cryptocurrencies this cycle, rallying over 300% from its October 2024 base to surpass $2. The surge has triggered a wave of profit-taking among early retail investors, with on-chain data revealing $68.8 million in realized profits earlier this month—the highest in more than a year.

Despite bullish technicals and regulatory clarity for Ripple, distribution pressure from long-term holders has capped gains near the $2.20 resistance level. The token’s struggle to break through mirrors a broader trend: altcoins excluding Bitcoin and ethereum have seen $36 billion in net outflows, according to CryptoQuant.

Ripple’s expanding infrastructure for tokenized assets and its U.S. regulatory victories remain tailwinds, but near-term price action reflects an oversupply from early accumulators cashing in on the rally.

Ripple Seeks to Lift XRP Sales Ban as SEC Case Nears Pivotal Decision

Ripple's protracted legal battle with the SEC has taken an unexpected turn as the blockchain firm petitions to remove restrictions on institutional XRP sales. Legal analyst Bill Morgan notes the SEC's tacit support for lifting the ban—a procedural maneuver delaying what many anticipated WOULD be a swifter resolution.

The court's upcoming August 2025 deadline may prove flexible, with former SEC official Marc Fagel suggesting a ruling could come earlier. Ripple's push focuses squarely on restoring institutional distribution channels rather than addressing broader investor concerns about XRP's regulatory status.

While fines remain possible even if the ban lifts, the case's outcome will reverberate through crypto markets still sensitive to regulatory precedent. The SEC's uncharacteristic alignment with Ripple's motion hints at potential behind-the-scenes negotiations in this landmark securities case.

XRP's Investment Potential Amid Price Volatility and Regulatory Developments

XRP, the native token of Ripple's payment network, has surged 334% to $2.15 over the past year despite lingering regulatory uncertainty. The cryptocurrency now faces a critical juncture as consolidation takes hold—trading flat in June after mixed monthly performances (-2.56% in March, +4.84% in April, -0.78% in May).

On-chain metrics reveal troubling stagnation, with active wallets plunging 80% since December to under 20,000. This divergence between price action and network utilization raises questions about sustainable adoption. All eyes now turn to August 15, when Ripple's prolonged SEC battle could reach resolution—a verdict that may finally clarify XRP's regulatory status as a security or commodity.

Market sentiment appears bullish regardless, with Polymarket pricing in an 89% probability of XRP ETF approval by year-end. Banking partnerships continue expanding Ripple's institutional footprint, though whether this translates to broader token utility remains uncertain. For investors, the calculus hinges on regulatory clarity versus speculative momentum—a tension reflected in XRP's volatile tape.

3iQ Launches First XRP ETF in North America on Toronto Stock Exchange

3iQ Corp., a pioneer in digital asset investment solutions, has listed the first XRP-focused exchange-traded fund (ETF) in North America on the Toronto Stock Exchange (TSX). The 3iQ XRP ETF (TSX: XRPQ, XRPQ.U) debuted with a six-month 0% management fee, positioning it as one of the most competitively priced crypto ETFs. Ripple, a leader in enterprise blockchain solutions, is an early investor in the fund.

The ETF provides regulated exposure to XRP, the third-largest cryptocurrency by market capitalization, which has appreciated 10,800% since January 2015. 3iQ rang the TSX closing bell on June 18 to commemorate the launch, reinforcing its reputation for first-to-market digital asset products.

This development marks a significant milestone in institutional crypto adoption, offering investors a transparent, cost-effective way to gain long-term exposure to XRP through traditional markets. The fund exclusively holds XRP purchased from reputable digital asset trading platforms.

XRP Holds Above $2 Amid Profit-Taking Wave

XRP has defied expectations by maintaining its position above the $2 mark, even as long-term investors cash in on gains exceeding 300%. The token, which traded below 60 cents in October 2024, now faces resistance at $2.20 despite favorable regulatory developments.

On-chain data reveals a surge in profit-taking activity, with $68.8 million in daily realized profits recorded in early June—the highest level in over a year. A notable whale transaction involving $58 million worth of XRP moved to Coinbase failed to dent the token's stability, underscoring resilient demand.

Supply pressure from early holders continues to create headwinds for further price appreciation. Market participants are watching whether XRP can consolidate above $2 before attempting another breakout.

John Deaton Predicts Major Buyout for Uphold, Names Potential Crypto and TradFi Suitors

Pro-Ripple lawyer John Deaton has sparked speculation about a potential acquisition of crypto exchange Uphold, suggesting it could be targeted by major players in both crypto and traditional finance. The platform's deep ties to XRP—which constitutes nearly 70% of its $6.61 billion reserves—make it a strategic asset. Uphold's recent launch of USDC support on the XRP Ledger further underscores its commitment to the ecosystem.

CEO Simon McLoughlin confirmed the exchange is exploring an IPO or sale, adding credibility to Deaton's claims. With 26 million XRP transactions processed and a fully-backed reserve model, Uphold represents a rare bridge between crypto utility and institutional-grade infrastructure. The outcome could reshape liquidity flows for XRP and its partners.