bridgecurrency

"XRP could soar past $150 by 2030, especially after Ripple wins the SEC lawsuit, gaining legal clarity and widespread adoption as the world’s bridge currency."

Will Ripple (XRP) hit $150 by 2030?

XRP was created as a bridge currency, not for frequent trading on exchanges. Once Ripple wins the SEC lawsuit, its price is expected to rise significantly, as it will gain legal clarity and be recognized as the only non-security cryptocurrency. This will pave the way for widespread adoption by US financial institutions. Eventually, Ripple may stop releasing XRP to retail exchanges, limiting it to On-Demand Liquidity for financial institutions. Before that happens, XRP could easily surpass $150. Long-term, some estimates predict XRP could reach $35,000–$50,000 if it becomes the world’s bridge currency, though this will depend on how retail buybacks are handled.

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Can XRP Emerge as the Global Bridge Currency for Banking?

One of the most sought after cryptocurrencies since its launch, XRP has always been touted by market watchers as the “bridge currency” to connect crypto economy to global banking system. The claims around XRP has led to a debate between two parties whether XRP should be part of the national digital asset reserve or not.

XRP is not without its fair share of controversies as despite being a cryptocurrency, it has been criticized for its centralized approach lading to a clash of ideology between old school blockchain supporters and XRP advocates. Team XRP believes the cryptocurrency can contribute to the development of a national digital asset reserve while Bitcoin supporters disagree

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