XRP has risen more than 420% since the beginning of the year and has outperformed US stocks in July, increasing +42% compared to the S&P 500's +2.67%. This upward momentum still has room to grow as Ripple expands its payment infrastructure and is included in the strategic asset portfolios of the US government and major corporations.
Here are 5 factors that could help the price of XRP reach 5 USD:
🔹 1. RLUSD Stablecoin as a New Growth Driver
Aaron Arnold (Altcoin Daily) predicts that XRP could reach 5 USD thanks to the network effect from the stablecoin RLUSD, launching in December 2024. Each RLUSD transaction uses XRP, increasing demand while supply becomes increasingly scarce. RLUSD has currently reached a market capitalization of over 500 million USD.
🔹 2. Businesses Start Accumulating XRP
Nature’s Miracle Holdings – an OTC-listed agricultural company – announced the accumulation of XRP as a strategic treasury asset. They raised 20 million USD under SEC regulations to purchase XRP, showing the trend of institutions shifting towards using digital assets as a hedge and long-term liquidity tool.
🔹 3. The US Government Officially Backs XRP
The Trump administration has included XRP in the national reserve asset category. A report on July 30 from the White House identifies XRP as part of the long-term digital strategy. Fannie Mae and Freddie Mac have also approved XRP as a financial asset in housing loan applications.
🔹 4. Ripple's Patent Threatens SWIFT
Ripple has just been granted a patent in the US for a high-speed global payment system, potentially replacing SWIFT. If RippleNet captures 14% of SWIFT's market share, XRP's price could surge significantly due to practical applications on a global scale.
🔹 5. Bitcoin Rises → XRP Rises
If Bitcoin reaches 175,000–200,000 USD as predicted, XRP could climb to 5 USD – or higher. In the past, when BTC rose by 50%, XRP increased by up to 518% in just 77 days. A parabolic price increase scenario could repeat as capital flows heavily into crypto.
With the convergence of macro factors, technology, and institutional capital flows, XRP is on the verge of a new growth cycle – and the 5 USD mark is entirely feasible in the medium term.