XRP——Last time I mentioned it would definitely break $2 in the short term!!!
Good news keeps coming, the old public chain token $XRP is being revitalized, how far can it go in the future?
With the new administration's promise to make the United States the "global cryptocurrency capital" and strong support for the crypto industry.
Moreover, the news that Gary Gensler, the chairman of the SEC, is about to step down has ignited market expectations for a more friendly regulatory environment.
The market capitalization of XRP has surpassed USDT, reaching third place, back to pre-lawsuit levels! This has driven up coins like $ADA and $$LTC .
As one of the pioneers in the blockchain field, XRP has focused on cross-border payment scenarios since its launch in 2012: it is favored by financial institutions for its efficiency, high throughput, low cost, and technological innovation.
However, XRP's future prospects still face considerable controversy. On one hand, the new SEC has not yet been determined, leaving Ripple facing some regulatory uncertainties and potential compliance risks.
On the other hand, since the launch of XRP in 2012, its performance has not been as outstanding as expected. Although Ripple announced plans to use it for cross-border payments, there are few signs indicating that XRP's actual usage frequency in global financial services has reached the expected target.
However, Ripple has clearly recognized this challenge and is taking active measures to increase XRP's future development potential. Recently, it launched the RLUSD stablecoin, expanding the XRPL ecosystem, and some institutions have also submitted XRP ETF proposals. Despite facing challenges, the future of XRP is still very promising!
