🔥Big news! In 2025, Japanese banks will use XRP! XRP price trend forecast is here
Have you heard?
Starting next week, Japanese banks will join forces with Ripple's XRP ledger! This is a big event in the financial industry. The news came from Yoshitaka Kitao, the boss of SBI. Ripple's remittance system is simply a revolutionary thing.
They plan to combine the XRP ledger with the Interledger protocol ILP to make cross-border payments as easy as playing, simple and cheap. The XRP ledger is efficient and low-cost, and it is simply a magic weapon for international remittances. The Bank of Japan may set an example for banks all over the world to follow suit.
If the Bank of Japan really uses XRP, how much will the price of XRP rise?
Think about it, the total market value of Japanese banks is more than 6 trillion US dollars. Even if only 1% of the banks use XRP, the price of XRP can be increased by several hundred billion US dollars, directly to 3.5 US dollars! If 10% of the banks use it, the price will soar to 13.48 US dollars! This number makes people's heart beat faster.
Then, what will the price trend of XRP be?
From a technical point of view, $2.37 is an important support point, and $3 is on everyone's mind. If it breaks through $3, it will not be far from $3.84.
If the Bank of Japan really uses XRP, the current price will have to rise by more than 57%! However, if the momentum is gone, it may fall back to $2.
In general,
If the Bank of Japan really adopts XRP in full, the price will definitely rise sharply, and it may even set new rules for cross-border payments. XRP has strong fundamentals and more and more people are using it. It looks like it is about to take off. Let's wait and see!
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