1. The price of XRP (CRYPTO: XRP) has surged by nearly 30% this week and has increased by around 60% over the past month. Over the last 12 months, XRP has seen a surge of approximately 500%.
2. Ripple’s recent price surge is attributed to growing optimism surrounding the regulatory environment and signs of potential industry adoption. Following a settlement with the SEC, Ripple has been unburdened from regulatory challenges. The project has also seen adoption by global banks, validating its network for cross-border transactions.
3. Ripple could be a buy under $10 for aggressive growth investors seeking maximum upside potential. However, the global payments system is highly consolidated, and competition from other networks like Visa’s B2B Connect and JPMorgan’s Onyx platform poses challenges.
4. The speculative nature of Ripple makes it difficult to determine a fair valuation. While there is potential for significant upside, it remains a risky investment and may not be suitable for all investors.
5. The Motley Fool Stock Advisor team has identified the 10 best stocks to buy, and XRP did not make the cut. Investors are advised to consider other options for potential returns. The Stock Advisor’s total average return has significantly outperformed the S&P 500.
6. JPMorgan Chase is an advertising partner of Motley Fool Money. The author has no position in the mentioned stocks, but The Motley Fool has positions in and recommends JPMorgan Chase, Visa, and XRP.

Read more at Nasdaq: Should You Buy XRP (Ripple) While It’s Under $10?