The cryptocurrency market is witnessing a surge, with its total value exceeding $4 trillion, and optimism for XRP’s price hitting $10 is gaining traction. This comes on the heels of a protracted legal struggle with the SEC that previously hampered the token’s momentum. Following a favorable ruling in 2023 by Judge Analisa Torres, which declared XRP sold on public exchanges is not a security, major exchanges like Coinbase and Kraken have relisted the token, igniting trading volumes.
The resolution of the lawsuit culminated in August 2025, when Ripple Labs settled by paying a $125 million fine for its earlier institutional sales. This settlement has provided XRP with a clearer legal status in the U.S., marking a significant turning point that Wall Street stakeholders have been eagerly awaiting. Major asset managers are now rushing to submit applications for spot XRP ETFs, with experts suggesting a 95% likelihood of SEC approval by late October. Analysts at JPMorgan estimate that an ETF could draw in as much as $8 billion in its first year, generating substantial demand for XRP.
Broader economic factors are also contributing to this positive outlook. The U.S. Federal Reserve’s potential interest rate cuts could introduce more liquidity into the market, making cryptocurrencies a more attractive investment. Meanwhile, the political climate surrounding digital assets appears to be evolving favorably, which could further enhance XRP’s appeal. This shift has already seen XRP’s price rise dramatically, from under 50 cents in late 2024 to over $3.30 by January 2025.
Despite the anticipation surrounding the SEC settlement, XRP’s price did not experience an immediate spike, as many investors had already priced in the legal outcomes. Now, the focus is shifting from courtroom concerns to the technological advancements of Ripple’s payment system and its broader applications.
Ripple’s instant cross-border payment system is thriving, with transaction volumes exceeding $15 billion in 2024—an increase of 32% from the previous year. Notable financial institutions such as Santander and Standard Chartered are increasingly adopting the system. Moreover, Ripple’s collaboration with over 300 banks and financial entities underscores the growing relevance of XRP.
On the technological front, the XRP Ledger is undergoing significant enhancements. The introduction of an Automated Market Maker (AMM) aims to boost trading activity on the decentralized exchange, while a forthcoming lending system will add further utility. Additionally, a new sidechain connecting the XRP Ledger to the Ethereum ecosystem will enable developers to utilize XRP for transaction fees, tightening its valuation link. The recent XLS-20 upgrade has also initiated a vibrant NFT marketplace on the ledger, incorporating features like automatic artist royalties.
From a technical analysis perspective, XRP’s price charts are displaying patterns indicative of a potential breakout. Analysts have identified a “cup-and-handle” pattern that typically signals price increases. Key resistance levels to monitor include the $3.30-$3.40 range, a challenging area around $5.00-$5.85, and higher targets at $7.00-$8.00 could pave the way for a leap toward $10. Conversely, XRP holds a support level around $2.80, and a larger market downturn could see it dip to $2.64 before buyers potentially re-emerge.
To achieve the $10 mark, XRP’s market capitalization would need to approach approximately $595 billion—an ambitious yet feasible target, comparable to Ethereum’s peak valuation during a robust bull market, particularly with increased institutional investment.
In addition to favorable market dynamics, XRP benefits from a dedicated community known as the “XRP Army,” whose unwavering support has kept the token relevant. Furthermore, while the U.S. had been tied up in legal battles, countries like Japan, the U.K., and Singapore have classified XRP as a non-security, offering a strong developmental foundation globally. In alignment with ISO 20022, Ripple aims to integrate XRP into the fabric of traditional financial systems, further solidifying its potential.
While the journey to reaching $10 will undoubtedly face challenges, with legal issues behind it, Wall Street’s newfound interest, and rapid technological evolution, XRP is positioned more competitively than it has been in years.
