$XRP A Cryptocurrency of Global Banks Aims for $4.25
XRP, the native asset of Ripple, is consolidating as the preferred infrastructure for major global banks for international payments. With strategic partnerships and increasing institutional adoption, analysts project that XRP could reach $4.25 in the short term, driven by technical and fundamental factors.
🏦 Global Banking Adoption
Several banks are already using or testing XRP as a settlement solution:
- Bank of America: uses XRP in all internal transactions
- Santander, SBI Holdings, Standard Chartered, PNC Bank: integrated RippleNet and exploring direct use of XRP
- Banco Rendimento (Brazil): uses XRP for international remittances
Additionally, 19 leading banks have invested €9.4 billion in crypto assets, with XRP ranking 3rd in institutional exposure.
📈 Fundamentals for the $4.25 Projection
The short-term target of $4.25 is supported by:
- Breakout of bullish structure on the daily chart, with technical targets between $2.90 and $3.10 already being tested
- Ripple's expansion with the stablecoin RLUSD and partnerships with Revolut, Zero Hash, and Hidden Road
- Resolution of the lawsuit with the SEC, bringing regulatory clarity in the U.S.
- Growing interest from U.S. banks to integrate XRP and RLUSD
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