XRP is once again attracting investor interest amid the rise of Bitcoin and Ethereum. Legal clarity and institutional investments are opening new horizons for the token.
Legal Clarity Opened the Door
Ripple's partial win in its legal battle with the U.S. SEC has significantly boosted confidence in XRP. The court has recognized that XRP sales on secondary markets are not securities, establishing a foundation for institutional investor confidence.
What Will It Take to Reach $10?
To increase the current price of XRP from $2 to $10, the token will need more than just hype. Analysts point out three main factors: expanding the use of RippleNet in global payment systems, increasing partnerships with major financial institutions, and a shift towards altcoins as Bitcoin's dominance wanes.
Regional Markets as Growth Drivers
Ripple is experiencing notable traction abroad, particularly in Japan, the UAE, and Singapore. If XRP becomes a preferred solution for global remittances in these regions, trading volumes could significantly increase, leading to sustained price growth.
While it's premature to claim that XRP will hit $10 by 2025, recent favorable legal rulings and renewed institutional interest create a promising environment for the token.
