$XRP 5 Reasons Why XRP Is About to Soar

1: The three-year-long Ripple-SEC legal battle, which seeks clarity from regulators on whether XRP is not a security. If the court ruling is in favor of Ripple, it will expand Ripple's services and attract more investors, pushing up its price.

2: Ripple plans to launch a dollar-backed stablecoin called RLUSD on the XRP ledger. The market value of this stablecoin is expected to reach about $3 trillion by 2028. If Ripple succeeds in this goal, it will have a solid position in the market dominated by Tether (USDT) and Circle (USDC), which could push up its price.

3: Speculations about the approval of a spot XRP exchange-traded fund (ETF) are endless. The XRP spot ETF will open up a channel for institutional investment and increase market liquidity. This could push up its price.

4: Coinbase, the largest exchange in the United States, has relisted XRP for New York residents to trade. This expansion of access to altcoins could push up the price of XRP.

5: Last but not least, what could trigger a surge in the price of XRP is Fruition Productions’ plan to release a documentary called “XRP Unleashed” on Netflix. The documentary will include interviews with key figures and will also cover the history and development of XRP. The success of this documentary will push up the price of XRP.