BitGo has become the first U.S.-regulated custodian to support Flare and Songbird, creating new opportunities for XRP in decentralized finance.
BitGo Support for Flare and Songbird
BitGo is the first U.S.-regulated custodian to support Flare and Songbird, reflecting a growing demand for compliant crypto custody solutions among enterprises. Flare CEO Hugo Philion commented:
*“Working closely with a seasoned, US-based qualified custodian such as BitGo is an important step on Flare’s institutional journey.”*
Current XRP Price Information
The current price of XRP stands at $2.11, which is $-0.14 (-0.06%) below the previous close. The intraday high is $2.25 and the intraday low is $2.09.
XRP Price Prospects and Predictions
Analysts estimate that the XRP price in the next month could range from $2.12 to $2.13, marking a 5% increase from the current level. Long-term forecasts suggest that by the end of 2025, prices could range from $2.90 to $3.33, with an optimistic scenario reaching $5 to $15.
BitGo's support opens new opportunities for XRP in institutional decentralized finance. The increasing attention from major investors may lead to price growth in the future.
