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<div class="watcher-guru">
 <p>Ripple’s XRP token is one of the most popular currencies for cross-border remittance. However, the legal uncertainty surrounding XRP has been a barrier to its price. A US district court ruled favorably for Ripple last year, stating that selling XRP to retail clients did not breach securities laws. However, the lawsuit has entered the high court, and investors await a verdict.</p>
 <p><strong>Also Read: <a rel="noopener noreferrer nofollow" title="Ripple" href="https://thebittimes.com/tag/ripple.html">Ripple</a>’s XRP to Rally 1900% and Reach $7: Predicts Analyst</strong></p>
 <p><a rel="noopener noreferrer nofollow" title="Ripple" href="https://thebittimes.com/tag/ripple.html">Ripple</a>’s XRP token is currently up by 0.7% in the daily charts, 4% in the weekly charts, and over 60% since January last year. However, the asset is down by more than 5% in the previous 14 days and by 1.1% since December 2023.</p>
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 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="846" src="https://cdn.thebittimes.com/images/2024/01/16/a8d86fb5d715ddc2e3b1eaf8329dfd21.webp" alt class="wp-image-124580" srcset="https://cdn.thebittimes.com/images/2024/01/16/a8d86fb5d715ddc2e3b1eaf8329dfd21.webp 1024w, https://cdn.thebittimes.com/images/2024/01/16/a8d86fb5d715ddc2e3b1eaf8329dfd21.webp 300w, https://cdn.thebittimes.com/images/2024/01/16/a8d86fb5d715ddc2e3b1eaf8329dfd21.webp 768w, https://cdn.thebittimes.com/images/2024/01/16/a8d86fb5d715ddc2e3b1eaf8329dfd21.webp 1536w, https://cdn.thebittimes.com/images/2024/01/16/a8d86fb5d715ddc2e3b1eaf8329dfd21.webp 380w, https://cdn.thebittimes.com/images/2024/01/16/a8d86fb5d715ddc2e3b1eaf8329dfd21.webp 550w, https://cdn.thebittimes.com/images/2024/01/16/a8d86fb5d715ddc2e3b1eaf8329dfd21.webp 800w, https://cdn.thebittimes.com/images/2024/01/16/a8d86fb5d715ddc2e3b1eaf8329dfd21.webp 1160w, https://cdn.thebittimes.com/images/2024/01/16/a8d86fb5d715ddc2e3b1eaf8329dfd21.webp 1634w" sizes="(max-width: 1024px) 100vw, 1024px">
 </figure>
 <h3 class="wp-block-heading" id="h-will-ripple-s-xrp-reach-10">Will Ripple’s XRP reach $10?</h3>
 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="682" src="https://cdn.thebittimes.com/images/2024/01/16/3513f752474cdb287a43940e73fb9e1a.webp" alt="Ripple" class="wp-image-124495" srcset="https://cdn.thebittimes.com/images/2024/01/16/3513f752474cdb287a43940e73fb9e1a.webp 1024w, https://cdn.thebittimes.com/images/2024/01/16/3513f752474cdb287a43940e73fb9e1a.webp 300w, https://cdn.thebittimes.com/images/2024/01/16/3513f752474cdb287a43940e73fb9e1a.webp 768w, https://cdn.thebittimes.com/images/2024/01/16/3513f752474cdb287a43940e73fb9e1a.webp 380w, https://cdn.thebittimes.com/images/2024/01/16/3513f752474cdb287a43940e73fb9e1a.webp 550w, https://cdn.thebittimes.com/images/2024/01/16/3513f752474cdb287a43940e73fb9e1a.webp 800w, https://cdn.thebittimes.com/images/2024/01/16/3513f752474cdb287a43940e73fb9e1a.webp 1160w, https://cdn.thebittimes.com/images/2024/01/16/3513f752474cdb287a43940e73fb9e1a.webp 1201w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Source – FX Empire
  </figcaption>
 </figure>
 <p>There is a chance that the high court will also rule similarly to the district court. In such a scenario, <a rel="noopener noreferrer nofollow" title="Ripple" href="https://thebittimes.com/tag/ripple.html">Ripple</a>’s XRP token’s price might surge to new heights, surpassing its all-time high of $3.40, which it attained in January 2018, six years ago. Moreover, the asset may also see a surge in institutional investment, given <a rel="noopener noreferrer nofollow" title="Ripple" href="https://thebittimes.com/tag/ripple.html">Ripple</a> receives a favorable verdict.</p>
 <p>Secondly, there is a lot of talk about a potential spot XRP ETF (Exchange Traded Fund). On Jan. 10, the US SEC (Securities and Exchange Commission) approved eleven spot Bitcoin (BTC) ETFs. The move has opened the door for a spot ETF for <a rel="noopener noreferrer nofollow" title="Ripple" href="https://thebittimes.com/tag/ripple.html">Ripple</a>’s XRP. Steve McClurg, Chief Investment Officer (CIO) at&nbsp;Valkyrie, stated, “<strong>It wouldn</strong>’<strong>t surprise me if we saw <a rel="noopener noreferrer nofollow" title="Ripple" href="https://thebittimes.com/tag/ripple.html">Ripple</a> or Ethereum spot ETFs out there.</strong>”</p>
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 <p><strong>Also Read: <a rel="noopener noreferrer nofollow" title="Ripple" href="https://thebittimes.com/tag/ripple.html">Ripple</a>: Expert Predicts 2350% Rally for XRP, Could Reach $14</strong></p>
 <p>A spot XRP ETF could potentially lead to a surge in institutional funding for the asset.</p>
 <figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="436" src="https://cdn.thebittimes.com/images/2024/01/16/054afea18855b5a2710bcd6929a6a666.webp" alt class="wp-image-124585" srcset="https://cdn.thebittimes.com/images/2024/01/16/054afea18855b5a2710bcd6929a6a666.webp 1024w, https://cdn.thebittimes.com/images/2024/01/16/054afea18855b5a2710bcd6929a6a666.webp 300w, https://cdn.thebittimes.com/images/2024/01/16/054afea18855b5a2710bcd6929a6a666.webp 768w, https://cdn.thebittimes.com/images/2024/01/16/054afea18855b5a2710bcd6929a6a666.webp 380w, https://cdn.thebittimes.com/images/2024/01/16/054afea18855b5a2710bcd6929a6a666.webp 550w, https://cdn.thebittimes.com/images/2024/01/16/054afea18855b5a2710bcd6929a6a666.webp 800w, https://cdn.thebittimes.com/images/2024/01/16/054afea18855b5a2710bcd6929a6a666.webp 1160w, https://cdn.thebittimes.com/images/2024/01/16/054afea18855b5a2710bcd6929a6a666.webp 1281w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Source: EGRAG CRYPTO
  </figcaption>
 </figure>
 <p>Furthermore, crypto analyst EGRAG CRYPTO has predicted that XRP could surge to $11. According to the analyst, XRP could mirror its 2017 rally, leading to a surge in its price.</p>
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<div class="cs-entry__tags">
 <ul>
  <li>Ripple</li>
  <li>xrp</li>
 </ul>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/ripple-here-s-when-xrp-could-rally-1500-and-reach-10-tbt76674.html">https://thebittimes.com/ripple-here-s-when-xrp-could-rally-1500-and-reach-10-tbt76674.html</a></p>

Ripple: Here's When XRP Could Rally 1500% and Reach $10

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