Ripple (XRP) Price Prediction: Can RLUSD Stablecoin Push XRP to $10?

In a recent video, crypto influencer Levi examined the potential implications of Ripple's forthcoming RLUSD stablecoin and how it could influence the price of XRP.

Crypto influencer Levi recently examined the potential implications of Ripple’s forthcoming RLUSD stablecoin and how it could influence the price of XRP in a recent video analysis.

suggesting that the combination of recent regulatory developments and the introduction of RLUSD could lead to significant price growth for XRP, potentially reaching as high as $10 per token.

Levi expressed excitement about recent XRP-related developments, pointing to the key events in the cryptocurrency space. He emphasized the significance of the SEC’s internal disagreements, particularly the agency’s opposition to its chair, Gary Gensler, and highlighted the importance of RLUSD for both Ripple and XRP.

While some might struggle to see how a stablecoin like RLUSD could be connected to XRP, Levi reassured viewers that this relationship would soon become evident as the two assets complement each other.

According to him, the RLUSD stablecoin is one of the most important initiatives Ripple has undertaken in recent years, and it could have a profound impact on the XRP Ledger (XRPL) ecosystem.

suggesting that the stablecoin’s launch could act as a catalyst, allowing XRP to reach new heights given its market value.

Regulatory Context and Ripple’s Strategy

Levi also discussed the recent developments in regulatory clarity, focusing on the SEC’s evolving stance on cryptocurrencies.

During a Congressional hearing, Rep. Patrick McHenry raised questions about the SEC’s unclear approach to regulating the crypto market, a point SEC Commissioner Hester Peirce admitted needed improvement.

Levi explained that this lack of clarity has created significant uncertainty for regulators and the crypto industry. He noted that Gary Gensler’s position as SEC Chair might be at risk due to the growing dissatisfaction within the agency and the broader political environment.

Levi referenced that GOP presidential candidate Donald Trump has openly stated that he would fire Gensler if elected. Ripple CEO Brad Garlinghouse has also speculated that Gensler could step down even if the current administration continues under Vice President Kamala Harris.

Against this backdrop, Ripple appears to be seizing the moment, accelerating the development of RLUSD. Levi mentioned that the RLUSD stablecoin is already in the beta testing phase, with millions of RLUSD tokens minted and listed on CoinGecko.

The Market Potential of RLUSD and Its Impact on XRP

Levi emphasized the growing market potential for RLUSD, noting that the stablecoin sector is already worth hundreds of billions of dollars. He drew comparisons to other prominent stablecoins such as USDT and USDC, which have become integral to liquidity in the broader cryptocurrency market.

In his analysis, RLUSD could capture a portion of this market, which increases activity on the XRP Ledger. Levi explained that, by integrating RLUSD into the XRP ecosystem, Ripple could attract more interest from institutional investors and DeFi developers.

Historically, institutional partners have used other stablecoins like USDT and USDC due to legal challenges surrounding XRP for transactions. However, with RLUSD, these institutions now have the option to utilize a stablecoin built directly on Ripple’s infrastructure, which could lead to a significant increase in liquidity and trading volume on the XRP Ledger.

Levi predicted that this additional volume could lead to billions of dollars in daily transactions within the next year, ultimately benefiting XRP and pushing its price higher.

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