$XRP Price Forecast as $Japan’s Banking Sector Prepares for Major Ripple Integration by 2025
A groundbreaking development in the financial sector is unfolding as all Japanese banks prepare to adopt Ripple’s XRP Ledger by next week. This monumental step, confirmed by SBI CEO Yoshitaka Kitao, signifies a major shift in cross-border payment technology. By leveraging the XRP Ledger alongside the Interledger Protocol (ILP), Ripple aims to revolutionize global remittances, simplifying currency conversions while enhancing transaction speed and cost-efficiency.
The XRP Ledger’s scalability and minimal transaction costs position it as a prime choice for streamlining international payments. As Japan’s $6.372 trillion banking sector embraces Ripple’s technology, it could set a global precedent, influencing other financial institutions to explore similar blockchain-based solutions. Projections suggest that even a modest 1% adoption rate across Japanese banks could potentially boost XRP’s market capitalization by $63.72 billion, propelling its price toward the $3.50 mark. In a more ambitious scenario where 10% adoption occurs, $XRP s value could surge to approximately $13.48, showcasing the transformative impact this integration could have on the broader cryptocurrency landscape.
Key price levels to monitor include $2.37 as a strong support zone, while the $3 psychological barrier remains pivotal for bullish momentum. A decisive breakthrough above$XRP this level could ignite further upward trends
