$XRP at $500: What Would it Take❓
Current price (2024): ~$0.50–$0.70
Market cap at $500/XRP: Over $25 trillion (based on a circulating supply of ~50 billion XRP).
For perspective, Bitcoin's peak market cap was ~$1.3 trillion, and Apple Inc.’s is around ~$3 trillion.
To reach $500, XRP would need to become the dominant global liquidity bridge for cross-border payments, potentially replacing major currencies and SWIFT — an incredibly ambitious goal.
Abu Dhabi’s AE Coin: A Strategic Play
AE Coin is a dirham-backed stablecoin introduced by Abu Dhabi.
This move highlights the UAE’s strategic push to become a global leader in crypto and fintech, aligned with its CBDC goals and pro-blockchain policies.
The launch of a stable, government-backed digital currency aims to:
✅ Improve cross-border trade efficiency
✅ Attract Web3 investments
✅ Deepen integration with global financial networks
This positions the UAE as a frontrunner in digital currency innovation on the state level.
