Common Sense Crypto has suggested that XRP could reach the triple-digit mark in 2025, while pointing out why cryptocurrencies are well positioned to reach such ambitious heights. He began by citing Ripple CEO Brad Garlinghouse's prediction that the cryptocurrency market will double in size to reach $5 trillion by the end of the year.
Cryptocurrency analysts noted that Garlinghouse once said that this prediction was conservative and that the #cryptocurrency market could exceed this target. Based on this, Common Sense Crypto believes that a market value of $5 trillion is not a problem if the price of #XRP reaches $100, as the cryptocurrency market is expected to continue to grow exponentially.
Second, Common Sense Crypto notes the Archax crypto exchange's plans to tokenize up to $50 trillion worth of real world assets (RWAs) into the XRP Ledger (XRPL). Such an influx of liquidity will undoubtedly have a positive impact on the price of XRP. Crypto analysts note that Archax is just one of many tokenization partners that have revealed plans to tokenize RWAs on XRPL.
Another reason Common Sense Crypto believes XRP could reach the $100 mark is the imminent conclusion of the legal battle between the U. S. Securities and Exchange Commission (SEC) and #Ripple . This crypto analyst claims that once the legal battle is over, institutional investors will enter the market to get ahead of the competition.
This is because after the long legal battle between the SEC and Ripple ends, there could be several applications for a Spot XRP #ETF on the market. If such a fund appears on the market, the price of XRP will rise significantly, given the amount of new money that could come into the ecosystem through institutional investors.
Finally, Common Sense Crypto notes that the supply of XRP is rapidly decreasing and demand will soon become high, which will affect the price of the token.
For now, XRP investors are hoping that the upcoming conclusion of the legal battle between the SEC and Ripple will be the main catalyst for the projected growth of XRP.
rumors that the litigation between the SEC and Ripple may soon be concluded have bolstered investor confidence in XRP.
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