$XRP Price Impact Hinges on Full-Scale Adoption by Systemic Banks Post-Testing
➡️ Banks like Santander, Bank of America, and Standard Chartered are still in the testing phase with Ripple’s technology, which has limited XRP’s price growth.
➡️ Once these banks fully adopt Ripple into their daily operations, demand for XRP could increase significantly, potentially pushing its price above long-standing resistance levels.
➡️ Ripple’s legal battle with the SEC, which ended with a $125 million penalty, has also impacted XRP’s price.
➡️ Analysts predict that XRP could surge by 5,000% to reach $32 if it breaks out of its current pattern.
➡️ Currently, XRP is trading at $0.57, with the market waiting for full adoption and regulatory clarity.