đ±đXRP: Ripple Expected to Hit 1 USD Soon, Here's Why
#XRP has long been a source of intense speculation in the cryptocurrency community, partly due to its close relationship with the United States Securities and Exchange Commission (SEC).
The legal dispute has also helped XRP stay in the spotlight, but it has barely moved its price and helped the token reach its fair price threshold.
With speculation about XRP doubling down, here's how Ripple is preparing to hit $1 by leaving all the possibilities behind.
đ Reasons why XRP will soon move to $1
Ripple CEO Brad Garlinghouse remains relentless in his efforts to establish XRP dominance beyond the company's verticals. 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 great alliances with financial giants like Bank of Japan, Santander and SBI Remit provide new use cases for the token, helping XRP grow beyond the usual financial sectors. This use case could play a key role in shaping the future price trajectory of XRP and could help the token trade and surpass the $1 USD limit within a short period of time.
Accept Ripple Stablecoins
Ripple recently shook up the crypto world by launching an XRP-inspired stablecoin for the community to explore and engage with. This stablecoin was launched while Ripple was involved in a lawsuit with the SEC. This shows the absolute versatility of the token and the solid belief system the company has spread throughout the world.
Stablecoin adoption will play a key role in helping XRP gain steady momentum on Sunday. This move is planned to help XRP price stabilize. This development could also help it overcome various price barriers to trade at $1.
