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๐ฑ๐XRP: Ripple expected to reach $1 soon, here's why
#XRP has long been a source of intense speculation within the crypto community, in part due to its intense relationship with the US Securities and Exchange Commission (SEC).
The legal dispute has also helped XRP stay in the limelight, but it has done little to move its price recently and help the token reach reasonable price thresholds.
With the doubling of speculation about XRP, here is how Ripple is preparing to reach $ 1 by leaving all the possibilities behind.
The Reason Why XRP Will Soon Go to $ 1
Ripple's Productive Corporate Alliances
Ripple CEO Brad Garlinghouse has remained relentless in his quest to establish XRP's dominance beyond the corporate vertical lines. Garlinghouse and his team have ensured that Ripple has a variety of use cases and have shaped the token to work holistically and in conjunction with multiple domains and domains.
Ripple's amazing alliances with financial giants such as Bank of Japan, Santander and SBI Remit provide new use cases for the token, helping XRP to develop beyond the normal areas of finance. This use case could play a crucial role in shaping the future price trajectory of XRP and could help the token to be traded and cross the $1 limit in a short period of time.
Ripple Stablecoin Acceptance
Ripple has recently shaken up the cryptocurrency world by launching an XRP-inspired stablecoin for the community to explore and interact with. The stablecoin was launched while Ripple was involved in a lawsuit with the SEC. This shows the sheer flexibility of the token and the solid belief system that the company has spread around the world.
The adoption of stablecoin will play a crucial role in helping XRP gain a stable Sunday momentum. The move is planned to help the XRP price stabilize. This development can also help it overcome various price barriers to trade at the $1 level.
