Prediction-market positioning suggests XRP is most likely to finish June around $1.40, despite recent downside pressure that threatens the $1 level. The $1.40 outcome carries a 34% probability, while $1 has 15% and $1.60 stands at 7%. XRP was last quoted at $1.24, down 1.6% in 24 hours and 6.6% over the week.

Grayscale’s Hyperliquid Staking ETF (HYPG) began trading on June 3, featuring a 0.29% sponsor fee that it says is the lowest among U.S.-listed HYPE exchange-traded products. The pricing undercuts 21Shares’ 0.30% THYP and Bitwise’s BHYP, which waives fees for the first month before moving to 0.34%. The launch brings the number of U.S.-listed Hyperliquid funds to three, with HYPE-linked ETFs having already exceeded $132 million in cumulative net inflows as of last month.

Shiba Inu saw a sharp rise in tokens sent to trading venues, with Exchange Inflow (Total) reaching about 699.3 billion SHIB on June 2. The move came as SHIB hovered near local lows and after a key rising support line from March was broken, pushing price toward $0.0000052-$0.0000053. Exchange reserves climbing toward 80.5 trillion SHIB suggests sell-side pressure may remain elevated.

On 3 June 2026 at 12:41, XRP changed hands around $1.24, down 7% over the week, as traders focused on the nearby $1.20 support and a 2026 cycle low marked at $1.1239. Derivatives data showed opposing positioning across exchanges, with Bybit reducing risk while Binance maintained or added exposure. Technical indicators also pointed to weakening momentum, with XRP below its 50-day and 100-day SMAs and RSI at 33.31.

Hyperliquid accounted for 50.8% of on-chain perpetuals volume on June 2 after handling $10.319 billion out of $20.306 billion across all chains. Solana ranked second with $5.307 billion, while Ethereum and Arbitrum each posted under $2 billion. The report also highlights HYPE trading above $72 with a market cap over $18 billion, alongside expectations that Grayscale’s HYPG staking ETF will start trading this week.

Injective (INJ) slipped about 5% after breaking above $6.29 and briefly reaching $7.14, with some short-term holders taking profits as Bitcoin entered a corrective phase. Momentum indicators stayed constructive at press time, and traders are watching whether $6.29–$6.40 can hold as support or if price revisits the $5.80–$6.20 demand areas.

LAB surged more than 40% in a single day and reached a new all-time high of $20, extending its gains to about 90% over two days. The move followed the launch of a buyback program that used $3.401 million in protocol fees to repurchase 22.644 million LAB, alongside rising open interest and over $17 million in 24-hour short liquidations.

Ethereum (ETH) fell 5.5% intraday on Tuesday, breaking below $1,900 for the first time since late February and touching a two‑month low of $1,880. Analysts tracking chart patterns said the pullback could extend, with key levels cited around $1,850, $1,825 and the 2026 lows near $1,750.