XRP price analysis: Potential $25 rally followed by 90% crash
XRP has recovered from recent losses and is trading around $2.26, representing a 9.7% increase from its local low of $2.06. The cryptocurrency has been struggling to break above the $3.00 resistance level since February 1, 2025, but analysts are increasingly optimistic about a significant rally ahead.
The prospects for an XRP exchange-traded fund (ETF) have dramatically improved, with Polymarket showing approval odds jumping to 98% on Tuesday. This surge in confidence stems from multiple developments in the institutional space.
Major financial institutions including Bitwise, Grayscale, Franklin Templeton, and 21Shares have submitted spot XRP ETF applications, creating intense pressure on the Securities and Exchange Commission. The regulatory landscape has become more favorable following Ripple’s legal clarity after the SEC dropped its lawsuit in March.
Adding to the institutional momentum, the CME Group launched XRP futures ETFs on May 19, generating $19 million in first-day trading volume. This demonstrates market maturity and addresses previous SEC concerns about regulated derivatives markets.
Corporate adoption accelerating
Corporate interest in XRP has reached new heights, with three companies planning to invest over $471 million in XRP treasuries, including Webus International’s $300 million XRP strategic reserve filing. This institutional adoption signals growing confidence in XRP’s long-term value proposition.
The approval odds on Polymarket have surged from 68% in April to as high as 98% in early June, reflecting expectations for approvals by December 31. Some analysts suggest that if major players like BlackRock enter the market, XRP could potentially reach $50.
Technical analysis points to $25 target
Multiple analysts are converging on similar price targets for XRP’s next major rally. Market analyst Egrag Crypto, using his “Guardian Arch” analysis, suggests XRP could rally to $20, potentially topping out at $27 based on past price patterns.
This analysis considers the relative positions of the 21-week exponential moving average and the 33-week simple moving average as key indicators, along with the formation of a bull flag pattern in the monthly timeframe.
Fellow analyst Jaydee_757 draws parallels to 2017, noting that the current technical setup is “comparing the 2017 hidden bullish divergence” in the weekly timeframe. In 2017, similar bullish divergence led to a 20x rise in XRP price from around $0.0055 to all-time highs above $3.40.
The Inevitable crash warning
However, both analysts warn of a significant correction following the anticipated rally. Egrag Crypto suggests that after reaching $27, XRP could experience an 86% drop to around $3.00 during the subsequent bear market.
Similarly, Jaydee_757 predicts that the massive rally could be followed by a 90% price crash during the bear market, suggesting that $25 could mark the cycle top. As he puts it: “Biblical move to $25, then historical crash.”
These predictions align with historical cryptocurrency market cycles, where parabolic rallies are typically followed by severe corrections. The analysis suggests that while XRP may experience unprecedented gains in the near term, investors should prepare for significant volatility and potential losses in the subsequent bear market phase.
Source: Cointelegraph
Société Générale launches USD stablecoin on Ethereum and Solana
Société Générale-Forge, the crypto arm of French financial services company Société Générale, has launched a new US dollar-pegged stablecoin called USD CoinVertible (USDCV). This landmark development makes Société Générale the first major European bank to issue a USD-backed stablecoin, marking a significant expansion in the institutional stablecoin space.
The USDCV will be issued on both Ethereum and Solana blockchains, providing access across major decentralized finance ecosystems. United Kingdom-based financial services firm BNY will act as the custodian for the assets backing the stablecoin, ensuring institutional-grade security and compliance standards.
Building on previous success
This launch follows Société Générale-Forge’s successful introduction of its euro-pegged stablecoin EUR CoinVertible (EURCV) in April 2023, which was designed specifically for institutional customers. Jean-Marc Stenger, CEO of Société Générale-Forge, stated that “After the release of a MiCA-compliant EUR stablecoin (EURCV), the launch of a US dollar version (USDCV) was the obvious next step for Société Générale–Forge as market adoption of stablecoins is growing exponentially.”
Comprehensive use cases and features
The USDCV is designed as a multi-purpose financial instrument, targeting various applications including crypto trading, cross-border payments, onchain settlement, foreign exchange transactions, and collateral and cash management. The stablecoin will offer 24/7 conversions between fiat currencies and digital dollars or euros, enabling real-time settlement of transactions.
Trading for USDCV is expected to commence in July 2025, with availability through multiple cryptocurrency exchanges and institutional channels including brokers and payment service providers. The stablecoin will be accessible to institutional, corporate, and retail investors, though notably excluded from US-based persons.
Growing global stablecoin momentum
The launch occurs amid accelerating global stablecoin adoption. Recent data indicates that $94.2 billion in stablecoin transactions were settled between January 2023 and February 2025, demonstrating the growing institutional and retail demand for digital dollar alternatives.
Regulatory clarity improvements worldwide are driving this adoption. South Korea is advancing crypto legislation to enable domestic stablecoin issuance, while major US tech companies including Apple, X, and Airbnb are reportedly exploring stablecoin integration ahead of upcoming American regulations.
The move by Société Générale represents a significant validation of stablecoins as legitimate financial instruments, potentially encouraging other major European banks to follow suit and further legitimizing the digital asset ecosystem within traditional banking infrastructure.
Source: The Block
Tether to open-source Bitcoin mining software, eliminating third-party dependencies
Stablecoin giant Tether is set to disrupt the Bitcoin mining industry by open-sourcing its proprietary Bitcoin Mining Operating System (MOS), scheduled for release in Q4 2025. CEO Paolo Ardoino announced that the move would allow “a horde of new Bitcoin mining companies will be able to enter the game and compete to keep the network safe” without relying on expensive third-party vendors.
The Mining OS represents a significant technological advancement, described by Ardoino as scalable and modular, built with a peer-to-peer Internet of Things architecture at its core. This design approach will enable the system to support existing mining infrastructure, including various containers and power devices, making it accessible to a broader range of mining operations.
Democratizing bitcoin mining
Tether’s initiative addresses a critical barrier to entry in Bitcoin mining: the high costs and dependencies associated with third-party software solutions. By providing free, open-source mining software, the company aims to level the playing field and encourage greater participation in securing the Bitcoin network.
This project builds upon Tether’s existing commitment to Bitcoin decentralization. In April, the company partnered with the Ocean mining pool, committing its current and future hashrate to help decentralize block building processes. The open-source mining OS represents another step in this broader strategy to strengthen Bitcoin’s decentralized infrastructure.
Industry adaptation post-halving
The announcement comes as Bitcoin miners face increased challenges following the recent halving event, which reduced mining rewards by half. Large mining operations maintain advantages through economies of scale, favorable power contracts, and increased hashrate, but even these players are diversifying their strategies to remain competitive.
Many miners have adopted varied approaches to maintain profitability. Some have built substantial Bitcoin treasuries to benefit from price appreciation during bull markets, while others have repurposed their computing infrastructure for artificial intelligence applications. For instance, Hive Digital has found AI workloads generating significantly more revenue than traditional crypto mining, with Executive Chairman Frank Holmes noting that institutions show greater interest in their AI capabilities than Bitcoin operations.
Conversely, some companies like Cango have doubled down on Bitcoin mining, generating over $100 million worth of Bitcoin in just two months after selling legacy operations to focus exclusively on mining.
Future impact
Tether’s open-source Mining OS could fundamentally reshape the Bitcoin mining landscape by removing technical and financial barriers that have historically favored large operators. This democratization effort aligns with Bitcoin’s core principles of decentralization and could lead to a more distributed and resilient mining network, ultimately strengthening Bitcoin’s security architecture.
Source: Cointelegraph