XRP is gaining traction, especially with its recent regulatory clarity.
Here are some key details:
- *Current Price*: XRP is currently trading at $1.44, with a market cap of $90.52 billion.
- *Institutional Adoption*: Ripple predicts 50% of Fortune 500 companies will have digital asset strategies by 2026, driving XRP's growth.
- *Price Predictions*: Analysts forecast XRP to reach $2.96-$5.80 by 2026, with some predicting it could hit $8 or even $10.5 by 2027.
- *Use Cases*: XRP is used for cross-border payments, with RippleNet processing $15 billion in transactions in 2024.
- *Regulatory Clarity*: The SEC lawsuit resolution has removed uncertainty, boosting institutional interest.
- *ETF Inflows*: Spot XRP ETFs have recorded $1.15 billion in net inflows, with potential for more growth.
Some notable predictions include:
- *Standard Chartered*: $8 by 2026, driven by regulatory clarity and ETF adoption.
- *AMBCrypto*: $2.55-$3.19 by 2026, with potential for $5-$8.