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 <p><a rel="noopener noreferrer nofollow" title="Ripple" href="https://thebittimes.com/tag/ripple.html">Ripple</a>’s XRP token has surged by almost 80% since the beginning of the year. XRP’s impressive growth could be due to the favorable ruling by a US district court in the SEC vs. <a rel="noopener noreferrer nofollow" title="Ripple" href="https://thebittimes.com/tag/ripple.html">Ripple</a> lawsuit. XRP was one of the few projects that did not hit an all-time high in the 2021 bull run. Many analysts attribute the lack of a rally for XRP to the SEC (Securities and Exchange Commission) lawsuit.</p>
 <p><strong>Also Read: Ripple XRP Forecasted To Surpass its ATH of $3.40, Here’s When</strong></p>
 <p>Nonetheless, there is a possibility that XRP could hit a new all-time high in 2024. Many market analysts anticipate a bull run for cryptocurrencies in 2024. This bull run will likely come from the high chances of a spot Bitcoin (BTC) ETF (Exchange Traded Fund) and BTC’s halving in April 2024.</p>
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 <h3 class="wp-block-heading" id="h-what-else-could-push-ripple-s-xrp-token">What else could push Ripple’s XRP token?</h3>
 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="585" src="https://cdn.thebittimes.com/images/2023/12/20/0d3b826e838dc599284b1a4416f620af.webp" alt="Here's How to Be a Millionaire When Ripple XRP Hits $1" class="wp-image-121162" srcset="https://cdn.thebittimes.com/images/2023/12/20/0d3b826e838dc599284b1a4416f620af.webp 1024w, https://cdn.thebittimes.com/images/2023/12/20/0d3b826e838dc599284b1a4416f620af.webp 300w, https://cdn.thebittimes.com/images/2023/12/20/0d3b826e838dc599284b1a4416f620af.webp 768w, https://cdn.thebittimes.com/images/2023/12/20/0d3b826e838dc599284b1a4416f620af.webp 380w, https://cdn.thebittimes.com/images/2023/12/20/0d3b826e838dc599284b1a4416f620af.webp 550w, https://cdn.thebittimes.com/images/2023/12/20/0d3b826e838dc599284b1a4416f620af.webp 800w, https://cdn.thebittimes.com/images/2023/12/20/0d3b826e838dc599284b1a4416f620af.webp 1063w" sizes="(max-width: 1024px) 100vw, 1024px">
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 <p>Although <a rel="noopener noreferrer nofollow" title="Ripple" href="https://thebittimes.com/tag/ripple.html">Ripple</a> received a favorable verdict from the district court, its legal battle with the SEC has entered the US high court. There is a possibility that the high court will also rule similarly to the district court and say that the sale of XRP to retail clients did not breach securities laws. In such a scenario, XRP might see a sudden spike in adoption, leading to prices surging.</p>
 <p><strong>Also Read <a rel="noopener noreferrer nofollow" title="Ripple" href="https://thebittimes.com/tag/ripple.html">Ripple</a>’s XRP Predicted to Rally 1500%: Here’s When</strong></p>
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 <p>Moreover, Mastercard recently announced a partnership with <a rel="noopener noreferrer nofollow" title="Ripple" href="https://thebittimes.com/tag/ripple.html">Ripple</a>, marking a significant jump in the fintech company’s popularity. The firm has also partnered with Japan’s SBI Holdings, among others. An increase in partnerships will also aid XRP’s price.</p>
 <p>Ripple’s XRP token is also very popular for cross-border remittances. Analysts expect this metric to rise over the next few years. Moreover, if Ripple receives a favorable verdict in the high court, the number of users might significantly increase.</p>
 <p>Furthermore, <a rel="noopener noreferrer nofollow" title="Ripple" href="https://thebittimes.com/tag/ripple.html">Ripple</a>’s XRP is down by over 80% from its all-time high of $3.40, which it attained in January 2018, almost six years ago. Hence, it is possible that in the next bull run, XRP will make up for what it missed in 2021.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/ripple-here-s-why-xrp-could-hit-an-all-time-high-in-2024-tbt74232.html">https://thebittimes.com/ripple-here-s-why-xrp-could-hit-an-all-time-high-in-2024-tbt74232.html</a></p>

Ripple: Here's Why XRP Could Hit an All-Time High in 2024

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