Why can XRP be worth $100+? 😉
It's quite simple if you look at this question broadly. 😶🌫️
The company Ripple initially issued the XRP token for cross-border payments.
Through XRP, they attracted capital to the Ripple company, which is essentially what led to the lengthy lawsuit with the SEC.
At this moment, one can consider the case closed, as it will not affect the further development of XRP.
The main argument for supporting XRP is the fact that the SWIFT system has proven to be an unreliable international system for using cross-border capital in the global market. A striking example is the political decisions regarding the freezing and confiscation of Russian assets by Western countries.
For global politics, this is a signal that the SWIFT system is also a political tool. XRP was created as an alternative to the SWIFT system.
SWIFT processes transactions averaging over 150 trillion a year.
If XRP can attract at least 10% of the total volume of SWIFT, we will already see a three-digit price.
My forecast for the first quarter of 2025: XRP will reach a price between $5 and $9.
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