The recent increase in spot volumes has shown that the retail sector is starting to take an interest in the XRP token. However, institutions are not falling behind, as evidenced by the drastic increase in net assets of the XXRP ETF offered by Teucrium.
According to data shared by the issuer, this product has recorded over $506 million in total assets to date and holds nearly 8 million tokens. As more institutional investors begin to buy, the price of XRP will undoubtedly soar, making analysts' bullish forecasts a reality.
In addition to demand, the XRP network has also recorded a significant increase in usage after XRPL saw a 2,260% rise in tokenized RWAs as more companies tokenize assets, which is also a sign of growing institutional demand.
Based on this, it seems likely that the price of XRP will rise to $15, but it could take years before its market capitalization exceeds $800 billion at this price.
