Ripple (XRP) is one of the leading cryptocurrencies, forging their own unique path by diving into multiple verticals at once. The token has amassed a spectacular positioning in the financial world, famed for its unique cross-border transactional segment that honors transparency, all while setting the stage for a massive decentralized financial overhaul. With three leading developments in the queue waiting to help XRP price soar, here’s how Ripple continues to shake the world for the future to come.

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3 Major Catalysts That May Help XRP Price Explode

1. Done and Dusted: XRP vs. Ripple Case

Ripple XRP vs SEC
Source: Watcher Guru

Ripple (XRP) has long been embroiled in a heated legal war with the US SEC. Over the years, Ripple was able to prove its innocence, blaming the Gensler-led US SEC for fueling opposing narratives against the token. XRP has now finally been served with justice, with both entities filing dismissal reports to end this case, once and for all. This development has led the token to experience a major uptick, with the XRP price stable at $3.35, up 11% as per CMC data.

2. Global Payment Network Expansion

Ripple XRP 13 years old birthday rally
Source: Watcher.Guru

With the US SEC case finally ending, the next development that Ripple could “bank” on is accelerating its global payment network. This includes forging global deals with leading banking entities around the world. This will also ensure a smooth capital flow with a major focus on decentralizing remittance via RIPPLE NET and ODL. This will eventually help drive liquidity towards Ripple, which would organically help XRP price soar to new highs.

3. XRP ETF Approval

XRP etf online
Source: Cryptodnes

XRP is a popular cryptocurrency, with investors keenly waiting in line to explore the asset eagerly. The token’s promising future with multiple use cases has led the majority of the companies to file for XRP ETFs, with the intention to deliver a stable investing environment for investors to work towards. Nearly 18 XRP ETFs are waiting for approvals with the US SEC. XRP price can hit a new momentum altogether once the new XRP ETFs start rolling out.

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