This Ripple Plan Could Soar XRP!

<p>&nbsp;"I guess when will the price of XRP break through $1?"</p><p><br /></p><p>The legal battle between Ripple and the Securities and Exchange Commission (SEC) which favors the digital asset has given Ripple the opportunity to re-engage in the United States (US) market.</p><p><br /></p><p>The payment company has taken steps to expand its services in the United Kingdom (UK), Europe, Singapore, Dubai and the Middle East.</p><p><br /></p><p>This is because the country has provided clear frameworks and guidelines to payment remittance firms where it will make operations and growth easier for Ripple.</p><p><br /></p><p><br /></p><p>According to Monica Long, the President of Ripple stated that they are ready to make a comeback in the US right after Judge Analisa Torres ruled that the digital asset is not a security.</p><p><br /></p><p>There is no denying that Terraform Labs who wants to fight the SEC through Ripple's Summary Judgment has sparked speculation, but Ripple has plans to join the US market including working with its major players.</p><p><br /></p><p>So here it can be seen that the price of Ripple-based cryptocurrency XRP can soar in the future while the use of XRP Ledger (XRPL) can also see a significant increase.</p><p><br /></p><p>Please note that the price of XRP may recover if the use and utility of the token increases coupled with a wider use case for the XRPL block.</p><p><br /></p><p>As of this writing, the price of XRP has plunged by 2.73% to $0.66 in the last 24 hours with a market cap of $35 billion further recording a decline of around 71.4% over the last week.</p>