The XRP community is actively discussing forecasts regarding the potential rise of the token. Expert Vincent Van Code suggests that upcoming updates on the XRP Ledger could significantly change the demand for XRP.
Why Permissioned DEXs Could Change Everything
Vincent Van Code believes that the launch of permissioned decentralized exchanges (DEXs) on the XRP Ledger could lead to a significant token shortage. He argues that if institutional investors start actively using XRP, it may reduce the supply of XRP in the market for retail investors.
Three Amendments Driving This Vision
Van Code highlights three amendments to the XRP Ledger that make this vision possible:
**Credentials (XLS-70):** This amendment provides wallets with signed, on-chain identities that prove compliance with KYC and AML standards.
**Permissioned Domains (XLS-80):** This amendment allows institutions to create gated domains where only verified wallets can interact, ensuring a secure trading environment.
**Permissioned DEX:** This is the centerpiece – a compliant trading venue where banks and funds can conduct trades with deep liquidity.
Impact on Retail XRP Holders
Van Code emphasizes that these changes are not aimed at excluding retail investors. Instead, they could make existing XRP holdings much more valuable due to limited supply. With the rise in institutional demand and the decrease in circulating supply, a price increase for the token is expected.
If the proposed amendments are successfully implemented and institutions agree to adopt them, it could lead to significant changes within the XRP ecosystem, which holds strategic importance for retail investors.
