XRP Price Outlook Brightens in May with Key Catalysts

XRP is entering a critical period in May, with several key events set to impact its price. According to market expert Sam Daodu, the altcoin has strong timing and catalysts that could lift it beyond its recent trading levels.

One of the earliest catalysts landed on May 1, when Coinbase began Trading At Settlement (TAS) for XRP futures. This change is intended to support both nano XRP and full-sized XRP futures contracts on Coinbase Derivatives. While TAS alone may not move XRP in a dramatic way, Daodu suggests it could matter indirectly by making it simpler for larger US funds to build meaningful XRP positions through regulated venues.

Exchange-traded fund (ETF) momentum then comes into view on May 7, when GraniteShares is scheduled to launch its 3x leveraged XRP ETFs. Leverage products can amplify both upside and downside once traders decide a direction.

In addition, May 15 is also on the calendar: that’s when Jerome Powell exits as Federal Reserve (Fed) Chair. Daodu’s view is that rate-cut expectations—which have seemed delayed all year—could finally pick up if the Fed tone changes. The legislative driver is the centerpiece of the May narrative.

The delayed CLARITY Act faces a hard deadline before the Senate’s Memorial Day recess on May 21. If Chair Tim Scott schedules the markup during the week of May 11 and Republicans keep the committee votes together, the biggest blocker holding XRP back all year could be removed.