My lovely people! What's up with the cryptos that keep surprising us! Today I bring you big news that will leave more than one with their mouth agape. Imagine that a giant bank, yes, a real bank!, is betting that XRP from Ripple, that same one, could surpass Ethereum in value by 2028. A serious matter! 🤯
The bold prediction: XRP at the top of the podium! 🚀
It turns out that Geoffrey Kendrick, who is the head of digital asset research at Standard Chartered (a heavyweight bank!), made a prediction that is making waves. He believes that XRP, which is currently the fourth largest cryptocurrency, could take the third spot from Ethereum in just three years! 🏆
Right now, Ethereum's market capitalization is around $305.9 billion, while XRP's is at $127 billion. For XRP to achieve this feat, it needs to add more than $178.9 billion to its current value! It's a huge number, but Kendrick is not crazy. He sees some clear signals that give him hope.
The cards in favor of XRP: Legal victory and massive adoption! 💪
Kendrick doesn't speak without reason; he has his reasons! One of the most important is Ripple's legal victory against the SEC (the U.S. Securities and Exchange Commission). That was a heavyweight fight, and Ripple came out victorious! 🥳 This has given XRP a breather and much more confidence to investors.
Additionally, the expert points out that the adoption of XRP by institutions is rising like foam. And pay attention to this! Recently, an XRP ETF was launched, which is like an investment fund that makes it easier for big players to get into this crypto. And it doesn't stop there! XRP has seen a 360% increase in its market value over the past year. That's no small feat! 🔥
To top it off, Kendrick quoted none other than Brad Garlinghouse, the CEO of Ripple, who said that XRP could handle 14% of the SWIFT cross-border payment industry in the next five years. Can you imagine that? If that happens, XRP would be the preferred currency for moving money between countries, making it super attractive for companies and banks!
Currently, XRP is trading around $2.15, although this week it has had some small losses, like many other altcoins, due to massive sell-offs in the market. But with these projections, we need to stay alert!
So, my people, will we see XRP crowning itself as the third largest crypto? The table is set and the race is just beginning! What do you think?
