Analyst Pumpius predicts that XRP's role will change as biometric and genomic identity systems become the foundation of a new financial structure.
XRP’s Prospects Beyond Payments
Pumpius argues that most XRP holders still see the asset primarily as a payments tool. However, he predicts this perception may shift, given the increasing significance of digital identity based on biometric data.
New Technologies and Their Impact on XRP
Technologies that leverage biometric data such as fingerprints and DNA could be integrated with the XRP Ledger. This would create a reliable identity verification mechanism, which Pumpius believes will open new horizons for the cryptocurrency.
What Price Changes Could Mean for XRP
Given the potential shift toward biometric identity verification, Pumpius forecasts significant changes in XRP's price models. He suggests that liquidity could allow XRP prices to reach levels exceeding thousands of dollars.
Analysts' views on XRP emphasize that the cryptocurrency could assume a key role in future digital arrays and identity verification, surpassing current perceptions and greatly increasing its value.
