Crypto influencer XRP Queen has made a prediction that XRP will reach the $3 mark by the end of July. This statement has triggered active discussions among members of the crypto community.
XRP Queen's Prediction
In a recent post on X, XRP Queen stated that she expects XRP to reach $3 by the end of the month. This prediction drew various responses from the community, with one commenter describing it as realistic, while another labeled it modest.
> "I predict $3 by the end of July" — XRP QUEEN!
Bullish Catalysts for XRP
While price targets often surface in speculative environments, this prediction is buoyed by a series of recent developments that bolster investor confidence. In late June, Ripple made a significant legal move by withdrawing its cross-appeal in the SEC lawsuit. This decision is viewed as a step towards closing one of the longest legal sagas in crypto, with experts believing that the SEC will follow suit.
Additionally, Ripple has applied for a banking license in the U.S., potentially allowing the company to operate under federal oversight and offer a wide range of financial services related to XRP and its blockchain infrastructure.
XRP Expansion and Institutional Adoption
Moreover, the adoption of XRP and the XRP Ledger has continued to expand. The early July launch of USDC on the ledger makes stablecoin operations on the network more accessible and positions the XRPL as a viable option for DeFi and enterprise applications. XRP is also seeing an increase in institutional interest, with spot ETFs starting to launch globally and anticipation building for approval of similar products in the U.S.
XRP Queen's target of $3 is viewed as a significant increase from current levels and could pave the way for further gains as bullish developments unfold.
