The cause of ripple bullish trend?

[Cryptochamp1]

Hi everyone, good day!

XRP has been on a rollercoaster ride recently. I bought in last week at around $1.20, and today it’s trading at approximately $2.60, breaking its 6-year high. This sudden surge has got me thinking—what’s driving this? Could it be due to the SEC case being dropped, or perhaps the news of Gensler stepping down in January?

As usual, when there’s a sudden surge in tokens, opportunities for staking, bounties, etc., tend to follow. Let’s discuss—how far can this go, and what’s the real reason behind the surge?

[electronicash]

there were some news in crypto sites about the RLUSD speculated to dominate the market just like the stablecoins today.  it will give more value to the XRP as banks will be using them and they are going to be launching this on ERC and on XRP ledger.

now i don't know how true this development yet but this has been on their channel, i was reading it a few days ago. which the XRP they say will finally fulfill their promise to be one of the cross border payment.

[Stompix]

what’s the real reason behind the surge?

Nobody can know or can determine what the 'real' thing is, but there are causes
- rumors they might win or SEC might drop further lawsuits against ripple labs
- approval of an ETF
- statistics coming from Coinbase about whale accumulation, playing into the banking theory

[Zed0X]

I've been reading about how Ripple will be utilized and become the so called 'bridge' to the Quantum Financial System (QFS). It remains to be seen but people seems to be serious that this is going to happen and they claim that countries under BRICS are accumulating already.

[Cryptochamp1]

there were some news in crypto sites about the RLUSD speculated to dominate the market just like the stablecoins today.  it will give more value to the XRP as banks will be using them and they are going to be launching this on ERC and on XRP ledger.

now i don't know how true this development yet but this has been on their channel, i was reading it a few days ago. which the XRP they say will finally fulfill their promise to be one of the cross border payment.

Would this be dominant in the USA? this is cool. If this is true then xrp could fly higher. Probably $10?.

I've been reading about how Ripple will be utilized and become the so called 'bridge' to the Quantum Financial System (QFS). It remains to be seen but people seems to be serious that this is going to happen and they claim that countries under BRICS are accumulating already.

Could you send a link to the article? Would love to go through it too. Thankie.

[Bobcrypto]

Hi everyone, good day!

XRP has been on a rollercoaster ride recently. I bought in last week at around $1.20, and today it’s trading at approximately $2.60, breaking its 6-year high. This sudden surge has got me thinking—what’s driving this? Could it be due to the SEC case being dropped, or perhaps the news of Gensler stepping down in January?

As usual, when there’s a sudden surge in tokens, opportunities for staking, bounties, etc., tend to follow. Let’s discuss—how far can this go, and what’s the real reason behind the surge?

Obviously, the court case dropped by the SEC is one of the factors that is responsible for the current pumps. Many of the investors that were holding XRP sold their coins due to fear that XRP could crashed to Zero because of SEC court issues, and in my opinion, many of these investors, and possibly some new investors might have started reinvesting.
In addition, Traders are must have taken advantage of the SEC dropped case to also re-enter trading activities. Now, i think XRP is aiming for a new All Time High.

[vegasus]

what’s the real reason behind the surge?

Nobody can know or can determine what the 'real' thing is, but there are causes
- rumors they might win or SEC might drop further lawsuits against ripple labs
- approval of an ETF
- statistics coming from Coinbase about whale accumulation, playing into the banking theory

Indeed, we have heard news that Gary Gensler will resign during Trump's inauguration, so this gives a good rumor for XRP whose problems with the SEC seem to be far from over. And if XRO really has won over the SEC and there are no more problems going forward with the mixed SEC leadership, then the possibility of XRP being able to soar much higher like other top altcoins in price, then that would be quite reasonable.

Currently, the XRP market cap has also soared high and has even competed again with the top coins, and has returned to the top 3, this is also a high booster for XRP to be able to rise again later. Yes, this will not be easy, but this time, I really hope that XRP can really fly in price and multiply its ATH price.

[Azharul]

Hi everyone, good day!

XRP has been on a rollercoaster ride recently. I bought in last week at around $1.20, and today it’s trading at approximately $2.60, breaking its 6-year high. This sudden surge has got me thinking—what’s driving this? Could it be due to the SEC case being dropped, or perhaps the news of Gensler stepping down in January?

As usual, when there’s a sudden surge in tokens, opportunities for staking, bounties, etc., tend to follow. Let’s discuss—how far can this go, and what’s the real reason behind the surge?

Ripple is one of the best profitable crypto in cryptocurrency market. I think that gradually it’s price will increase day by day. Because we know that few month ago ripple price is stay in very less market in cryptocurrency world. But in this time ripple price is stay in $2.34 now. I also believe that after one year ripple price will hit near $5-10. Because we saw that bitcoin price is increase gradually in cryptocurrency market. So when bitcoin price is high level, then i believe that ripple price must be increase gradually. So i think that it also be our best profitable crypto for investment.

[target]

Ripple Ledger is a smart contract platform from Ripple labs? Can anyone confirm this?

This is what I understood after listening to the people talking about Ripple Ledger is a L1 of Ripple Labs. When this smart contract platform going to be populated like the Eth or SOL, I think it will also make the XRP price going to the roof.

[armanda90]

Ripple is one of the best profitable crypto in cryptocurrency market. I think that gradually it’s price will increase day by day. Because we know that few month ago ripple price is stay in very less market in cryptocurrency world. But in this time ripple price is stay in $2.34 now. I also believe that after one year ripple price will hit near $5-10. Because we saw that bitcoin price is increase gradually in cryptocurrency market. So when bitcoin price is high level, then i believe that ripple price must be increase gradually. So i think that it also be our best profitable crypto for investment.

Have been longer time waiting for XRP holder after drastically pumping of XRP coins, since last several months ago bitcoin break higher price and touched new ATH not give impact yet for XRP how difficult break out to $1 but last several days ago when good news after chairman of SEC Commission step down easy for XRP hit above $2,8.
Now XRP price will follow with bitcoin, if possibility bitcoin reach another higher price not difficult any more for XRP hit higher price or return back to their last ATH have reached around last several years ago.

[MUGNIA]

until now I have not received accurate information why XRP has experienced a good increase, there are many speculations circulating, such as rumors that they might win from the SEC and the existence of ETF approval and many more positive news
from XRP

there were some news in crypto sites about the RLUSD speculated to dominate the market just like the stablecoins today.  it will give more value to the XRP as banks will be using them and they are going to be launching this on ERC and on XRP ledger.

now i don't know how true this development yet but this has been on their channel, i was reading it a few days ago. which the XRP they say will finally fulfill their promise to be one of the cross border payment.

what is RLUSD?

[vegasus]

Have been longer time waiting for XRP holder after drastically pumping of XRP coins, since last several months ago bitcoin break higher price and touched new ATH not give impact yet for XRP how difficult break out to $1 but last several days ago when good news after chairman of SEC Commission step down easy for XRP hit above $2,8.
Now XRP price will follow with bitcoin, if possibility bitcoin reach another higher price not difficult any more for XRP hit higher price or return back to their last ATH have reached around last several years ago.

Since the XRP surge that occurred since last November, XRP's current position is still the same at rank 3. This proves that there are still many XRP holders who really believe in this coin so that it can soar from the bottom position to rank 3 again, with a very significant price increase occurring in several months.

And the good news is that some things related to good news might make the XRP price surge even better in the future, with the hope of surpassing the previous ATH.
Check here:
https://bravenewcoin.com/insights/xrp-news-price-could-surge-14-3-key-catalysts-set-to-push-ripple-toward-3-and-beyond

[bitterguy28]

Since the XRP surge that occurred since last November, XRP's current position is still the same at rank 3. This proves that there are still many XRP holders who really believe in this coin so that it can soar from the bottom position to rank 3 again, with a very significant price increase occurring in several months.

to be fair i think why many people kept believing on xrp because it was being targeted by sec but the community kept intact and now that xrp seems to be no longer under the scrutiny of sec or the government as a whole we might see xrp rise higher and truly benefit those who kept believing and held on to their xrps

[Bobcrypto]

Ripple Ledger is a smart contract platform from Ripple labs? Can anyone confirm this?

This is what I understood after listening to the people talking about Ripple Ledger is a L1 of Ripple Labs. When this smart contract platform going to be populated like the Eth or SOL, I think it will also make the XRP price going to the roof.

I don't think Ripple ledger is a smart contract platform, in fact, Ripple lab has been considered a Centralized platform since it inception in 2012, and it was designed as a cross border transactions digital assets and payment solutions for businesses. After the Ripple lawsuit with SEC came to an end few months ago, the price of XRP bounces back, and the news of the it's SEC registration also helped to boost the price.

[KryptoBull]

I don't think Ripple ledger is a smart contract platform, in fact, Ripple lab has been considered a Centralized platform since it inception in 2012, and it was designed as a cross border transactions digital assets and payment solutions for businesses. After the Ripple lawsuit with SEC came to an end few months ago, the price of XRP bounces back, and the news of the it's SEC registration also helped to boost the price.

You may have missed a lot about this market or about Xrp. Xrp Ledger is a platform that is becoming more and more decentralized. It also offers smart contracts so that #DevelopmentTeam s can implement great ideas in this ecosystem. Xrp not only serves the purpose of transferring money, but also many other possibilities and fields in the future.

Currently, the spot ETF is probably the most important news for the price increase of XRP. If Ripple can achieve this, this will be a great success for XRP after it had an unforgettable 2021 season, it can continue the current wave of price increases to conquer new targets in the second half of 2025.