menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Ripple News

>

5 Ripple M...
source image

Cryptopotato

1M

read

9

img
dot

Image Credit: Cryptopotato

5 Ripple Metas Backing Standard Charter’s 525% XRP Price Forecast

  • Standard Chartered predicts a 525% price increase for XRP by the end of the year to $5.50, and at $12.50 by 2029.
  • XRP is seen as tariff-resistant according to a USA Today report and plays a vital role in cross-border payments.
  • A falling flag continuation pattern indicates a bullish trend for XRP on the price chart, signaling a potential surge.
  • Ripple's network usage has surged by 60% in April, suggesting increased demand for XRP tokens and potential value entry points.
  • Ripple acquired Hidden Road, a $1.25 billion brokerage, to leverage its stablecoin RLUSD for prime brokerage services.
  • XRP benefits from the liquidity pool and market forces of Bitcoin, with analysts forecasting price growth linked to Bitcoin's performance.

Read Full Article

like

Like

For uninterrupted reading, download the app