Despite a lull in discussions around meme coins and Layer-2 tokens, major projects like XRP and HBAR continue their work, forming new partnerships and enhancing their utility.
XRP's Role in the Global Financial System
Crypto analyst Vincent Van Code emphasizes that XRP could play a notable role in addressing one of the significant problems in the global financial system: liquidity. He compares XRP Ledger to a surgeon's scalpel, which becomes a valuable tool only in skilled hands. At this moment, it seems the right players are starting to position themselves in the market.
When Could XRP Hit $1,000?
Vincent points out that the main question is not whether XRP can reach $1,000, but when it will happen. For this to occur, Ripple would need to secure a significant share of the cross-border payments market and position XRP as a global reserve currency. This could help address two important financial issues: liquidity shortages and the risks of endless money printing. Instead of continually creating new dollars, networks like XRP could inject liquidity into the financial system in a sustainable manner. Additionally, recent data shows that XRP Ledger is growing, with over 1 million payments between accounts recorded in early May 2025.
Short-Term Price Forecast for XRP
Analyst Steph Is Crypto reports that XRP is currently retesting a significant upward trend line. If it holds this level, it could kickstart a significant price movement. If it slips below $2, there may be a brief dip before a rebound. Meanwhile, the RSI recently broke above a key trend line, similar to what happened before a 600% rally in 2024. Analyst XForceGlobal remains optimistic, stating that as long as XRP stays above $1.60, the uptrend remains intact, and new all-time highs could be on the horizon. At the time of writing, XRP is trading around $2.18, up 1.4% in the past 24 hours.
Thus, XRP and HBAR continue to develop their projects and form significant partnerships, which may impact their future positions. Monitoring these projects will allow for an assessment of how they will respond to changes in financial systems.
