Bitget News: XRP Soars on Regulatory Clarity and Ripple Labs Developments

XRP Could Hit $10 by 2030 as Ripple Wraps Up SEC Case

XRP is gaining momentum among bulls as the U.S. Securities and Exchange Commission (SEC) dropped its lawsuit against Ripple Labs last week. This resolution has sparked Optimism among XRP watchers, with analysts predicting a potential climb to $10 by 2030. The forecast is driven by regulatory clarity, the adoption of Ripple’s RLUSD stablecoin, and the possibility of a Ripple Labs IPO. Bitget’s Ryan Lee noted a breakout from the current trading range could lead to significant price moves.

Bitget Daily Digest (March 24) | Trump pumps $TRUMP, U.S. Tariff Policy Shifts

Today’s highlights include the release of the U.S. S&P Global Manufacturing PMI, Berachain reopening its airdrop claim portal, Sky Governance approving a reduction in Sky’s savings rate, and omni network conducting its first staking upgrade. Key market news includes a significant shift in U.S. tariff policy, with the White House considering a reduction in tariffs set to take effect on April 2, potentially exempting industries like autos, pharmaceuticals, and semiconductors. The new strategy emphasizes reciprocal tariffs targeting countries like China, the EU, India, and Canada.