Crypto analyst X Remo Relief X has made a bold prediction, claiming that XRP's price will significantly rise to $1,200 by the year's end. These assumptions are based on various factors of global financial transactions and the potential use of blockchain technologies in institutional finance.
Argument for XRP’s Price Surge
X Remo Relief X dismisses common factors like ETFs and derivatives, focusing on global financial transactions, particularly SWIFT’s $150 trillion market. The analyst asserts that even a small volume from this market would be enough to push XRP’s price to $1,000.
XRP’s Role in Financial Networks
In their assumptions, X Remo Relief X mentions other cryptocurrencies—XDC, Chainlink (LINK), and Hedera (HBAR)—which could also play a role in SWIFT-related transactions. This aligns with broader discussions within the crypto community about the role of blockchain in cross-border payments and institutional finance.
Long-Term Vision for XRP
X Remo Relief X predicts that by 2028, XRP's price could climb to $10,000, though notes that such predictions remain speculative. Nonetheless, this reflects the confidence some investors have in XRP's long-term potential.
Such forecasts typically generate strong opinions but skepticism remains. Achieving these valuations will depend on institutional adoption of XRP, regulatory clarity, and increased liquidity.
