Ripple is one of the most popular cryptocurrency tokens on the market. It is clear that the token will see a huge price increase soon as it is a part of an intense speculative regime. It is also waiting for a hearing with the US SEC to conclude its long-running case. This could put an end the turmoil the token experienced in recent years. Here is how XRP slowly paves a new path in terms of price, navigating through different hurdles until it reaches the $10 mark.
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There are many reasons why the token could reach new heights.
The Ripple (XRP), is at the precipice for a major change. It is official that the token now forms part of the US Crypto Reserve, and this has helped to strengthen its position in the market. The US SEC is dropping recent cases against market leaders, fueling the narrative that they may drop the Ripple Case as well.
This recent development is causing XRP to see a significant increase in price.
In addition, the recent filings of major market giants for the XRP-ETF could dramatically boost the price at an accelerated pace. Bitwise Grayscale Canary WisdomTree and Canary have all filed applications for Spot XRP Exchange Traded Funds. At press time, the total of 18 applications was stable.
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THIS IS MY LATEST XRP ETF list. 📃 🪙 🇺🇸
FILING OF 18th XRP EFs!
You can share it if you like. pic.twitter.com/q1ucmeQlie
— Kenny Nguyen (@mrnguyen007) March 13, 2025
Currently, the US Government is looking into stablecoins in order to support the US Economy and its declining economic condition. Dollar health. As a result, the speculations that Ripple’s RLUSD Stablecoin is gaining tremendous momentum are gaining popularity. This adds to its rising appeal and value.
Scott Bessent, U.S. Treasury secretary said stablecoins would help maintain dollar dominance.
Ripple’s RLUSD stablecoin is a regulated cryptocurrency
Former U.S. Treasurer Rosa Rios on Ripple’s board, along with its deep ties to governments officials & central banks.
This has been… pic.twitter.com/4ALfgV7wed
— Vandell | Black Swan Capitalist (@vandell33) March 9, 2025
When will the Token reach $10?
It may be a while before XRP reaches the price of $10 if it continues to gain momentum and explore bullish indicators.
As per CoinCodexStatistically, it could take up to 8 heads of XRP for the price tag to reach $10.
“XRP would need to gain 333.67% to reach $10. According to our XRP prediction algorithm, XRP will hit $10 in January 2033.”
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Source: watcher.guru
