Two key events recently sparked speculation around XRP's potential to surge beyond $10—Archax and Ripple Labs’ launch of the UK’s first tokenized money market fund and XRP’s 197.71% rise this month. Meanwhile, a new altcoin, JetBolt (JBOLT), is stepping up in the highly competitive market with its zero-gas technology that has helped it achieve its phenomenal presale performance, selling over 100 million tokens since launch.
Now, as Ripple waits for New York regulators to green light its RLUSD stablecoin, could XRP surpass $10? And with its revolutionary features captivating the crypto community, is a significant market shift on the horizon with JetBolt a part of the next crypto wave?
XRP Price Prediction: Can XRP Finally Attain the Coveted $10 Mark?
Trading at $1.5725 today, XRP has done the unexpected, surpassing its previous high of $1.47, a level not seen since May 2021. XRP is glowing green climbing by 25.96% this week, breaking a key resistance level from 2018, and rising by 197.71% over the past month.
Observers believe the recent surge was driven by the debut of the UK's first tokenized money market fund through the partnership of Ripple and Archax, a UK-based FCA-regulated crypto exchange, as well as Ripple's efforts to launch its stablecoin, RLUSD. This coin is pegged to the US dollar on the XRP Ledger, which, as of writing, is awaiting approval from New York regulators.
Meanwhile, XRP is consolidating above $1.450 after slightly rising above a bearish trend line at $1.4580. While XRP has reached a new price peak, its key resistance zones are at levels around $1.5000 and $1.5250.
But despite its current bullish momentum, XRP must maintain its upward trajectory, overcome key milestones and reach new all-time highs, and more importantly resolve its ongoing case with the SEC to possibly hit a $10 breakout.
Chart mapping XRP’s price in the last 30 days and showcasing Ripple’s XRP’s near 3x price rise with a low near $5 this month and now reaching near $1.6 price levels.
What factors are contributing to JetBolt's presale success and whale mania?
Written by seasoned experts, who have over 16 years of experience in Free Zones development. Learn more.
JetBolt (JBOLT) is drawing the attention of crypto enthusiasts and whales alike, thanks to its groundbreaking zero-gas technology and lightning-fast transaction capabilities.
Because of its operation on the Skale Network, JetBolt’s revolutionary zero-gas feature removes traditional gas fees, which are often a prerequisite of most older generation blockchain interactions.
For token stakers, JetBolt makes the experience more interactive and dynamic. When users who stake also connect and interact with their friends on the platform, they can earn additional rewards.
JetBolt also provides an AI-powered news and information page, aggregating some of the most exciting crypto developments from across the space. This utility presents content that's automatically displayed according to sentiment, empowering users.
Early buyers and whales can enjoy up to 25% bonus tokens during JetBolt’s presale via Alpha Box and batch purchases. The presale has already generated immense traction, with over 100 million tokens sold, making JetBolt one of the standout new altcoins on the scene.
Final Thoughts: Can XRP Surpass $10 With JetBolt Driving the Next Crypto Wave?
With the debut of the UK's first tokenized money market fund and Ripple's stablecoin launch pending approval, XRP is showing strong bullish momentum. However, despite XRP’s upward trajectory at the moment, breaking $10 will depend on the coin’s ability to keep up the pace and surpass new milestones. Meanwhile, the new altcoin JetBolt is blasting through the ceiling in its presale, selling over 100 million tokens, and attracting whales with its zero-gas technology and other exciting features.
Discover more about JetBolt’s here:
Official Website: jetbolt.io
Telegram: https://jetbolt.io/telegram
X/Twitter Page: https://x.com/JetBoltOfficial
This article offers no financial advice. Please conduct your own thorough research before buying any cryptocurrencies, and be aware that the crypto market is inherently risky and highly volatile.
