It seems that XRP is entering a pivotal phase in its history, with clear movements indicating that institutions are beginning to take it seriously. After CME announced its intention to launch futures contracts on XRP in May, the market started to move differently – as if we're witnessing the beginning of a new institutional wave!
The price is currently ranging around $2.20 to $2.60, but some analysts see this as just a stop before a larger launch that could reach $17 or even $30 in the medium term, especially with the increasing talk about the potential emergence of an ETF for XRP soon.
But not everything is rosy – other analysts see that there could be a correction that brings the price down to $1.55 before the real launch. This is normal in the cryptocurrency market, especially when the currency is under everyone's gaze.
There's also exciting news: Ripple tried to acquire Circle (which issues USDC) with a massive offer worth $5 billion! If this had happened, it would have completely changed the dynamics of the stablecoin market.
The conclusion?
XRP is now not just a digital currency; it's an institutional pressure tool in a market preparing for a new wave of global adoption. Those getting in now are putting their foot at the beginning of a path that could be one of the strongest upward trajectories in the coming period.