A $5 Price for XRP Is ‘Realistic,’ and Here Are the Three Big Reasons Why
Main Idea
Analysts predict a realistic price target of $5 for XRP by early 2026, citing Ripple's progress in securing a U.S. banking license, the potential for XRP ETFs, and the early growth of Ripple's stablecoin RLUSD as key drivers.
Key Points
1. Ripple is applying for a U.S. banking license and a Federal Reserve master account, which could enable it to offer full banking services and support its stablecoin RLUSD.
2. Eleven XRP ETFs have been filed with the SEC by firms including Bitwise, 21Shares, Franklin Templeton, and Grayscale, with speculation that BlackRock may also join.
3. Analyst AltcoinBuzz predicts XRP could reach $5 by early 2026, making 1,000 XRP worth $5,000, with some optimistic projections suggesting $10 per XRP.
4. Ripple's legal battle with the SEC is nearing resolution, with both parties agreeing to a $125 million settlement.
5. RLUSD, Ripple's stablecoin, is in its early phase with about 497 active wallets on Ethereum, but its growth could attract more institutional players.
Description
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...
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