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The rise in the price of Ripple in the future is inevitable according to an overly optimistic analyst

Crypto analyst Versan Aljarrah stirred significant controversy by publishing overly optimistic predictions about the price of Ripple (Ripple-XRP), as Ripple successfully enhances its position in the global financial system. Aljarrah - known as the Black Swan Capitalist - is famous for his detailed analyses of the company and its XRP currency, and he has adopted a controversial idea for several years that the future price of XRP is predetermined.

Consolidating Ripple's position in the global financial sector

The increasing role of Ripple in the global financial sector cannot be ignored, as evidenced by major financial institutions adopting its technology, which is recommended for use by many entities, notably the United Nations, which recognizes the importance of Ripple's blockchain efforts to provide a global network for cashless instant payments.

Optimistic expectations are also rising among analysts - like Aljarrah - following Ripple's victory in its legal dispute with the Securities and Exchange Commission (SEC), which withdrew its lawsuit against the company after failing to penalize Ripple for violating federal securities laws.