Can XRP Surge to $10? Key Stablecoin Bill Review & RLUSD Impact

Ripple’s XRP is gaining ground, rising 5% from $2 to $2.20 this week as anticipation builds around a key regulatory milestone.

The cryptocurrency market is known for its rapid shifts in momentum, and recent activity around Ripple’s XRP has sparked interest among traders and analysts alike. As the token trades around the $2 level, anticipation is building around a key regulatory milestone that could determine the next chapter for XRP’s price action.

The anticipation centers around April 2, when U.S. lawmakers will review a pivotal stablecoin bill that has the potential to shape the future of Ripple’s ecosystem. This legislation aims to introduce clear regulatory guidelines for stablecoins, and a favorable outcome could boost the adoption of Ripple’s upcoming stablecoin, RLUSD.

Designed for fast, cost-efficient cross-border payments, RLUSD is set to be launched by Ripple in partnership with MoneyGram. The token is expected to inherit the legacy of XRP, a cryptocurrency that has been a subject of legal disputes with the U.S. Securities and Exchange Commission (SEC).

The SEC’s claims that XRP is a security have been a major point of contention, but a recent ruling by a federal judge in favor of Ripple on this point could pave the way for institutional capital to flow into XRP more easily.

Could XRP Reach $10 With Regulatory Windfall?

The potential for XRP to surge to new highs of $10 is also being discussed in crypto circles. While the token’s all-time high from 2017 stands at $3.84, some analysts believe that the unfolding regulatory scenario could propel XRP to levels not seen in its history.

The thinking is that regulatory clarity has been a key catalyst for price surges in assets like Bitcoin and Ethereum. Now, with Ripple’s legal dispute with the SEC largely resolved, XRP may finally be able to attract the kind of institutional capital that’s been sitting on the sidelines.

A more crypto-friendly tone from the Trump administration could also support Ripple’s efforts in the payments and remittance space, further lifting XRP’s profile. Add to that a backdrop of rising demand for stablecoin-backed transactions, and the stars may be aligning for XRP’s next big move.

Technical Setup: XRP Testing Breakout Point

On the charts, XRP’s price action is starting to align with the bullish narrative. After finding strong support at $2.02, the token is now testing resistance at $2.21.

The appearance of a falling wedge breakout—a bullish reversal pattern—adds technical strength to the case for a rally. If XRP can hold above $2.14, the path toward $2.50 could open quickly. A close above $2.21 would further validate this move.

However, if momentum stalls, a pullback toward $2.02 may occur before bulls attempt another leg higher.

As Congress prepares to review stablecoin legislation, XRP holders are keeping an eye on April 2—the date when lawmakers will vote on the bill in a final session. If the bill provides regulatory support for RLUSD, Ripple could solidify its place as a key player in blockchain-based payments—and XRP could be a major beneficiary.

With technical and fundamental factors aligning, and sentiment turning cautiously optimistic, XRP may be gearing up for a significant breakout in April 2025. Whether that run stretches toward $10 will likely depend on the outcome of next week’s vote—and how the market reacts to it.