Ripple: 50% of Trillion Dollar Finance Leaders Plan to Use Crypto Custody – That’s Why Experts See XRP Price at $7 with Fortress Trust Acquisition in the Future of Banking
- Half of the world’s leading finance magnates are gravitating towards crypto custody solutions within the next three years.
- Expert predictions signal a bullish future for XRP, with a price projection reaching up to $7.
Recently, Ripple declared via a tweet: “50% of global finance leaders plan to use a crypto custody solution in their business within the next 3 years.”
50% of global finance leaders plan to use a crypto custody solution in their business within the next 3 years.
Learn how blockchain is making waves in finance in our 2023 New Value Report: https://t.co/EWZS1SqSmm pic.twitter.com/CVtBGLe4Fc
— Ripple (@Ripple) September 18, 2023
This assertion, tied to their 2023 New Value Report, underscores the imminent fusion of traditional finance with cryptocurrency. Further, Findbold has also emphasized the tumultuous journey of XRP over the past months, largely influenced by Ripple’s ongoing legal tussle with the United States Securities and Exchange Commission (SEC). A notable peak in XRP’s valuation occurred when Judge Analisa Torres delivered a partial verdict in favor of Ripple. This decision propelled XRP’s price to nearly $1, igniting a plethora of optimistic price projections, some bordering on the audacious.
Shifting focus to another expert analysis, EGRAG CRYPTO emphasized the strength of certain market structures and pointed to “rock-solid candle bodies” as pivotal indicators. Highlighting the potential journey of XRP, the expert suggested that a price range of “$0.40 to $0.33” might act as mere “pit stops.” Key price challenges lie ahead at “$0.80 and then at $1.3”, indicating the possibility of these targets being reached swiftly.
TradingShot’s Perspective on XRP’s Path
Crypto analyst, TradingShot, on the other hand, offers a comprehensive view of XRP’s price trajectory post the SEC lawsuit. After a significant spike to values above $0.90, XRP experienced a sharp decline. Yet, when comparing current market dynamics to previous trends, TradingShot envisions a bullish trajectory for XRP, setting a long-term price target of $0.9300 for January 2024.
The Fortress Trust Acquisition & Banking’s Future
The Fortress Trust Acquisition by Ripple solidifies its vision of revolutionizing the banking sector. By bridging traditional banking with the innovations of blockchain technology, Ripple aspires not just for transient price surges but envisions an integrated, transparent, and efficient financial future.
With finance leaders mulling over crypto adoption and Ripple’s strategic ventures, coupled with positive market speculations, the horizon seems promising for XRP and the broader decentralized finance realm.