XRP News: Price Surge and Regulatory Clarity Drive Optimism

XRP Price Prediction: Legal Victory Fuels Bullish Rally

XRP’s price has surged 11% following a legal victory. Ripple CEO Brad Garlinghouse emphasized the need for regulatory clarity in the crypto space. Technical analysis suggests XRP is targeting a $2.71 breakout, currently trading at approximately $2.40 with a market capitalization of $139.4 billion, securing its position as the fourth-largest cryptocurrency.

Ripple USD (RLUSD) Stablecoin Hits Landmark Supply Milestone

Three months after its launch, Ripple USD (RLUSD) stablecoin has significantly grown and reached a total circulating supply of 176.69 million RLUSD, marking a 4.21% increase in just 24 hours. This highlights the rapid growth in adoption and utility of RLUSD. At the Digital Asset Summit (DAS) in New York, Ripple CEO Brad Garlinghouse made a bold prediction about the stablecoin market, although the specific prediction was not detailed in this report.

XRP Could Hit $10 by 2030 as Ripple Wraps Up SEC Case

XRP is gaining momentum among bulls as the U.S. Securities and Exchange Commission (SEC) dropped its lawsuit against Ripple Labs last week. This resolution has sparked Optimism among XRP watchers, with analysts predicting a potential climb to $10 by 2030. The forecast is driven by regulatory clarity, the adoption of Ripple’s RLUSD stablecoin, and the possibility of a Ripple Labs IPO. Bitget’s Ryan Lee noted a breakout from the current trading range could lead to significant price moves.

XRP Price Prediction For March 24

For those speculating that XRP’s bull run has ended, it might be time to rethink the outlook. According to analysts, XRP’s market dominance is painting a more bullish picture for the cryptocurrency in 2025. The cryptocurrency has been experiencing a downward trend in market dominance since its peak in 2017. However, a recent break above this downward trend suggests a possible reversal. This could set XRP on a path to reclaiming higher market dominance, much like it did during the 2017 bull run. According to analyst Josh of Crypto World, XRP’s price on the 3-day chart, the market is still showing signs of a bearish divergence. This suggests that any significant bullish movement is unlikely in the NEAR future.