XRP Price and It's Moving Average Trends. Source: TradingView


December 10, 2024 Tags:

XRP, the cryptocurrency created by Ripple Labs, has been lagging in recent years, but recent developments suggest that things are about to change. While a $100 price tag for XRP may sound far-fetched, there are several key factors that could drive the digital currency to new heights in 2025.
1. Legal Troubles Are Coming to an End: XRP’s journey has been slowed down due to its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). However, there’s hope that this issue could soon be resolved. With Donald Trump potentially returning to office and appointing crypto supporter Paul Atkins to head the SEC, many believe that the legal challenges Ripple faces could be dropped. This would allow XRP to thrive, as demand for the coin would be unleashed in 2025.

2. Trump’s Support Could Boost XRP: Another reason XRP could surge to $100 is the anticipated regulatory clarity under Trump’s leadership. Trump has expressed support for the cryptocurrency industry, which could attract institutional investors to XRP. Notably, major firms like BlackRock are rumoured to be eyeing XRP, which could open the floodgates for capital inflows. If these firms invest, XRP could see a dramatic rise, similar to Bitcoin’s growth when ETFs were introduced.

Revolutionizing Global Remittances XRP has a strong position in the global financial system due to Ripple’s on-demand liquidity (ODL) service, which facilitates cross-border payments. This service is already used by institutions like Santander Bank, offering a more efficient and cost-effective solution for international transactions. As Ripple continues to expand its partnerships, XRP could capture a larger share of the $7.5 trillion global remittance market, driving up demand and its price.

3. Ripple’s Role in Central Bank Digital Currencies (CBDCs): Central banks worldwide are working on digital currencies, and XRP is well-positioned to play a key role in this space. Ripple’s Ledger could act as a bridge between these central bank digital currencies, offering a neutral platform for smoother value transfers. As the use of CBDCs grows, XRP’s value could rise dramatically as it becomes the go-to solution for cross-border digital payments.

This news highlights predictions for the price of XRP in 2025, based on data from the Brave New Coin XRP Price Liquid Index.

The Bottom Line, XRP’s utility goes beyond speculation. It’s already solving real-world problems with faster and cheaper cross-border transactions. If Elon Musk integrates crypto payments into X (formerly Twitter), XRP could become a major player in that ecosystem as well. The combination of regulatory clarity, institutional investment, and growing real-world use cases makes a $100 XRP price possible in 2025.

While this prediction may seem ambitious—given that it would represent a 3900% increase from its current price—the crypto market has shown that rapid growth is possible, especially for digital currencies that offer real-world applications. With the right market conditions and adoption, XRP could hit $100 sooner than we think.

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