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Title: XRP Price Reclaims $2.20, What’s Next?
Ripple’s XRP has made a remarkable comeback, reasserting its strength by breaking the $2.20 level once again. With RLUSD gaining traction in less than 10 days since its launch, it is crucial for Ripple to expand its availability on some of the world’s largest crypto exchange platforms.
The recent developments surrounding the stablecoin could potentially drive interest and fuel growth in XRP, which is essential for its price to reach new heights. In my previous article, I mentioned that we might see a sudden rise in XRP if it were to be listed on popular exchanges like Coinbase, Binance, and Bybit. While this has not yet happened, I’m optimistic about the future prospects of RLUSD.
In addition, with the change in the US administration coming into effect next year, Ripple’s XRP might benefit from a renewed sense of optimism surrounding decentralized finance (DeFi) and cryptocurrencies in general. If this happens, it could potentially propel XRP to challenge the $3 level.
Source: u.today
