A $5 Price for XRP Is ‘Realistic,’ and Here Are the Three Big Reasons Why

Ripple applies for U.S. banking license and Fed master account. Eleven XRP ETFs filed; BlackRock might join the race. Analyst predicts 1,000 XRP could reach $5,000 to $10,000. Not long ago, XRP was considered a boring asset. For years, it traded in a sideways pattern and didn’t attract much excitement. But since October 2024, that’s changed. XRP has grown by a massive 122,000% since its lowest price in 2014. Analyst AltcoinBuzz has delved into ”what could 1000 XRP be worth in the next bull cycle?’ But first things first, here’s understanding why XRP could be more powerful in the next cycle: Ripple Closes SEC Chapter and Eyes U.S. Banking License Ripple’s long legal battle with the SEC, which began in December 2020, is finally coming to an end. After more than four years, both sides have agreed to drop their appeals, though Ripple is still required to pay a $125 million fine. Related: Altcoin Market Flashes ‘Golden Cross’ in Bullish Sign for Ether Alternatives Additionally, Ripple is making moves to become a licensed U.S. bank. It has applied for a national bank license and a Federal Reserve master account. If approved, this would al… The post A $5 Price for XRP Is ‘Realistic,’ and Here Are the Three Big Reasons Why appeared first on Coin Edition .

Source: Coin Edition