#XRP

Trade XRP now . . strong bullish sentiments ❤$XRP

𝙀𝙭𝙥𝙚𝙧𝙩 𝙋𝙧𝙚𝙙𝙞𝙘𝙩𝙨 𝙓𝙍𝙋 𝙋𝙧𝙞𝙘𝙚 𝙩𝙤 𝙃𝙞𝙩 $45 𝙖𝙨 𝙓𝙍𝙋 𝙇𝙚𝙙𝙜𝙚𝙧 𝘼𝙘𝙩𝙞𝙫𝙞𝙩𝙮 𝙎𝙤𝙖𝙧𝙨 𝙖𝙣𝙙 𝙎𝙒𝙄𝙁𝙏 𝙑𝙤𝙡𝙪𝙢𝙚 𝘿𝙚𝙘𝙡𝙞𝙣𝙚𝙨

A crypto expert has predicted a 1,300% surge in the XRP price amid a growing rise in activity on the XRPL (XRP Ledger). The expert sees parallels with the explosive run of 2017, while on-chain data and real-world use cases suggest this cycle could be even bigger.

Reports suggest a growing shift from SWIFT to the XRPL. SWIFT, the decades-old backbone of international banking, saw a 15% drop in transaction volume. In contrast, XRPL activity is climbing, thanks to its speed, cost efficiency, and the elimination of correspondent banking chains.

Notably, more financial institutions are using the XRPL because it offers quick settlements in three to five seconds, a clear structure, and less need for pre-funded accounts. RippleNet, which operates on the XRPL, now handles billions of dollars in international transactions. This enables banks and fintech companies to enhance their cash flow and lower costs.

Adding to the bullish backdrop, the XRP Ledger’s new EVM-compatible sidechain officially launched on June 30. As CoinGape reported, within its first week, over 1,400 smart contracts went live. Since its launch, over 1,300 contracts are still active.

Meanwhile, Ripple’s RLUSD stablecoin aims to enter the $685 billion remittance market. As more people use RLUSD for payments, DeFi, and remittances, the transaction volume on XRPL is expected to increase. This rise in activity will boost demand for XRP, driving its price up because of greater on-chain liquidity.

Despite its past challenges, XRP price momentum has been undeniable. At press time, XRP price trades at $3.5 with a market cap exceeding $207 billion, up over 63% in the past month.