Can XRP Surge to $10? Key Stablecoin Bill Review & RLUSD Impact
Ripple’s XRP is gaining ground, rising 5% from $2 to $2.20 this week as anticipation builds around a key regulatory milestone.
Ripple’s XRP is gaining ground, rising 5% from $2 to $2.20 this week as anticipation builds around a key regulatory milestone.
The market is looking ahead to April 2, when U.S. lawmakers are set to review a pivotal stablecoin bill that could help shape the future of Ripple’s ecosystem.
The legislation aims to introduce a clear regulatory framework for stablecoins, and a favorable outcome could boost the adoption of Ripple’s upcoming stablecoin, RLUSD. Designed for fast, cost-efficient cross-border payments, RLUSD could be well-positioned to benefit from any official green light.
Ripple executives have consistently called for regulatory clarity, arguing it’s essential for institutional adoption and long-term crypto innovation. If the bill aligns with Ripple’s approach, it could mark a turning point not only for RLUSD—but for XRP itself.
Could Regulatory Clarity Push XRP Toward $10?
With momentum building, some analysts are revisiting the idea of XRP making a run toward $10—a level not seen in its history.
The logic is straightforward: regulatory clarity has been a key catalyst for price surges in assets like Bitcoin and Ethereum. Now, with Ripple’s legal dispute with the SEC largely resolved, XRP may finally be able to attract the kind of institutional capital that’s been sitting on the sidelines.
A more crypto-friendly tone from the Trump administration could also support Ripple’s efforts in the payments and remittance space, further lifting XRP’s profile. Add to that a backdrop of rising demand for stablecoin-backed transactions, and the stars may be aligning for XRP’s next big move.
Technical Setup: XRP Building Toward Breakout
On the chart, XRP’s price action is starting to align with the bullish narrative. After finding strong support at $2.02, the token is now testing resistance at $2.21.
The appearance of a falling wedge breakout—a bullish reversal pattern—adds technical strength to the case for a rally. If XRP can hold above $2.14, the path toward $2.50 could open quickly. A close above $2.21 would further validate this move.
However, if momentum stalls, a pullback toward $2.02 may occur before bulls attempt another leg higher.
Looking Ahead: Stablecoin Vote Could Be a Game Changer
As Congress prepares to review stablecoin legislation, XRP holders are watching closely. If the bill provides regulatory support for RLUSD, Ripple could solidify its place as a key player in blockchain-based payments—and XRP could be a major beneficiary.
With technical and fundamental factors aligning, and sentiment turning cautiously optimistic, XRP may be gearing up for a significant breakout in April 2025. Whether that run stretches toward $10 will likely depend on the outcome of next week’s vote—and how the market reacts to it.
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