DonAlt, a well-known cryptocurrency trader, claims that the value of the digital currency XRP may soon approach the $1 mark, which has not been since November 2021.



When the trader tweeted earlier today, “Will $XRP finally reach $1?” his fans instantly began speculating.



X RP  Moves Steadily Toward $1



The XRP coin, associated with blockchain company Ripple, sells for about $0.51 in major spot markets. For XRP to be worth $1, its value would have to be about four times its current value.



In the past week, XRP has risen 13.4 percent in value, a big jump compared to the rest of the cryptocurrency market.



According to the U.Today article, XRP shows signs of hope, posting a record-high increase in targeted action for two days. This could signify that the cryptocurrency will grow as it moves away from the rest of the altcoin market.



Ripple’s Litigation Continues



Ripple and the U.S. Securities and Exchange Commission (SEC) are in a high-profile court battle over whether XRP should be considered a security. Because of this event, it is difficult to say what will happen to XRP cryptocurrency.



On the other hand, Brad Garlinghouse, CEO of Ripple, recently hinted that a solution could be found in the coming weeks. This development has the potential to clarify legal issues and get more people to use XRP.



John Deaton, an attorney who supports XRP, said that the likelihood of an excellent outcome to the SEC lawsuit could significantly impact the price of XRP. He also said that was his opinion.



Deaton recently tweeted that “FOMO” probably won’t start showing up until $2. If those predictions come true, there could be a new wave of interest in XRP in the coming weeks and months.



While there is reason to be hopeful, it is essential to remember that XRP has fallen 84% of its value since January 2018, when it hit a record high of $3.40. The post XRP to $1? A Leading Trader Makes a Prediction appeared first on .