Ripple (XRP) Price Prediction 2025-2030: The odds on XRP hitting $10 by 2030 are…
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject
The last few years have been very disappointing for XRP users. For all the optimism, the altcoin hasn’t performed well on the charts. More than that, however, uncertainty has played a major role, with the SEC’s lawsuit against Ripple Labs not helping either.
The market performance is reflective of the fact that there is some cynicism and some sadness. With the lawsuit still not over, however, when can we expect XRP to appreciate on the charts again? Are the altcoin’s fortunes still tied to how the lawsuit ends?
Ripple, the leader in enterprise blockchain solutions, is a little different from its peers. Rather than focusing on retail customers, Ripple targets institutions. The cryptocurrency XRP has always been closely linked to Ripple. And, although these are distinct entities, Ripple holds billions of XRP in an escrow account.
The Chamber of Digital Commerce’s decision to file an amicus curiae in the ongoing SEC v. Ripple case has brought the controversial case back in the limelight.
Data from blockchain analytics firm Santiment shows a spike in XRP’s daily active addresses with new developments in the SEC v. Ripple case. Tokens that have been dormant for a year have started circulating, likely in anticipation of fluctuation in the price of XRP. It is not uncommon for traders to exploit the brief movement in a token’s price to turn a quick buck, but is this a good time for long term investors to beef up their holdings of XRP?
Although the world’s seventh largest crypto is currently trading for $0.36, which many investors may find relatively cheap, XRP has
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