Ripple’s USD-backed stablecoin, RLUSD, has been approved by the New York Department of Financial Services, marking a significant turning point for the company. This development, combined with growing XRP Ledger use cases and whale activity, has sparked excitement in the cryptocurrency market. As a result, XRP’s price has seen a 1.32% daily rise and a 1.14% weekly surge, with a market capitalization of $138.38 billion. Rexas Finance, a new initiative, is also gaining traction, with a presale performance that indicates a potential surge in the future.
Forecast for 6 months: XRP’s price is expected to break out of its current consolidation range, with a potential surge to $3.50 within the next 6 months. This will be driven by increasing adoption of RLUSD and growing use cases for the XRP Ledger.
Forecast for 1 year: Rexas Finance is expected to list on major exchanges in 2025, with a potential price surge to $10. This will be driven by the success of its presale and the growing demand for blockchain-based asset tokenization.
Forecast for 5 years: XRP is expected to become a top 3 cryptocurrency by market capitalization, with a potential price surge to $50. This will be driven by the increasing adoption of blockchain technology and the growing use cases for the XRP Ledger.
Forecast for 10 years: Ripple and Rexas Finance are expected to become leaders in the blockchain industry, with a potential market capitalization of $1 trillion. This will be driven by the growing demand for blockchain-based solutions and the increasing adoption of decentralized technologies.
