Ripple CEO Brad Garlinghouse directly stated that they won the lawsuit against the SEC, which has greatly increased investor confidence, and the path for XRP to enter the mainstream financial market seems much smoother.
Why do people say XRP could rise to $1800? There are several reasons:
Large institutions are starting to use it: Ripple has partnerships with many banks and financial institutions, and in the future, cross-border payments may increasingly use XRP. ODL service is gaining popularity: Ripple's ODL service is becoming more popular, making transactions faster and cheaper. XRP is in short supply: Those who hold a lot of XRP are not selling much, and the amount of XRP on exchanges is decreasing, which naturally drives the price up.
Regulation has become clear: Recently, the court ruled that XRP can officially enter the financial market, which could potentially release several trillion in value.
Speaking of price, experts believe XRP could reach $10 to $50 in the short term, and in the long term, it might rise to $100 to $1000. Although the $1800 target is a bit difficult, it is not completely impossible.
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