Ripple (XRP) is currently one of the leading cryptocurrency tokens leading the market right now. The token is part of a fierce speculative regimen, which is indicative of its massive price hike in the near future. The token is also awaiting a final hearing on its case with the US SEC, which may put an end to the tumultuous years-long turmoil that the token has experienced recently. Here’s how XRP is slowly paving a new price path for itself, maneuvering through various hurdles to eventually hit the $10 price mark.
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Ripple: Reasons That May Propel The Token To Hit New Highs
Ripple (XRP) is currently standing at a pivotal precipice of change. The token is now an official part of the US crypto reserve, which has already strengthened the positioning of the token in the market. At the same time, the US SEC has lately been dropping cases against major market contenders, which is fueling a new narrative that the US SEC may consider dropping the Ripple case as well anytime soon.
This new development has lately been attracting significant price momentum for XRP, fueling occasional price spikes for the token to experience.
In addition to this, major market giants have recently filed for XRP ETF, a narrative that could significantly bolster the price of the token at a rapid pace. Firms like Bitwise, Grayscale, Canary, and WisdomTree have filed for Spot XRP ETFs, with a total number of applications stable at 18 at press time.
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HERE IS MY UPDATED XRP ETFS LIST. 📃 🪙 🇺🇸
18th XRP ETFs FILED!
YOU CAN SHARE IT IF YOU LIKE. pic.twitter.com/q1ucmeQlie
— Kenny Nguyen (@mrnguyen007) March 13, 2025
At present, the US government is also considering exploring stablecoins to bolster the US economy and the declining economy. dollar health. In this wake, speculations of Ripple’s RLUSD stablecoin gaining incredible momentum amid all this are gaining widespread popularity, adding more to the token’s rising value and appeal.
U.S. Treasury Secretary Scott Bessent said that stablecoins will help preserve dollar dominance.
Ripple’s RLUSD is a regulated stablecoin
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 Hit $10?
If XRP continues to explore such bullish markers and gain steam rapidly, it may take a long time for the token to eventually hit the $10 price mark.
As per CoinCodex, statistically, it may take 8 heads for XRP to claim the coveted $10 price mark.
“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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