On July 30, the financial world was moved by unique predictions about the future of XRP, the digital asset that has become the heart of the revolutionary Ripple payment protocol. In an exceptional thread on X (Twitter), well-known analyst and business support manager at Wells Fargo, Shannon Thorpe, managed to shed a whole new light on the future price of XRP.
The growing strength of XRP’s fundamentals
Thorpe began by noting that the XRP community has long been divided between those who base their forecasts on analysis of historical data and charts, and those who believe in the innovation and potential of XRP to replace archaic payment systems. In her view, neither approach represents a complete picture of the future.
She rejected the idea that XRP should be treated as a mere security when making price predictions, stressing that such a perspective negatively affects the mission of Ripple itself. Instead, she focused on the current state of the cryptocurrency market, including the recent SEC ruling against Ripple, the FedNow announcement and new legislative regulations.
A key point was the issue of liquidity. Thorpe pointed out that forecasts based solely on chart analysis do not take into account the full scale of XRP’s potential. She presented a comparison with the global SWIFT standard, noting that even XRP’s small share of the international transfer market could translate into trillions of dollars a day.
XRP at the threshold of gigantic growth?
Turning to her price forecast, Thorpe asserted that the number of XRPs in circulation, along with growing interest from financial institutions and global demand for this digital asset, could significantly affect its price. According to her, XRP has everything to reach a value of $100-500, and in the short term.
The prices she proposes would have huge benefits – allowing dozens of banks and governments to execute their transactions with ease and without the need for gigantic amounts of XRP. At the same time, such values would make XRP an attractive asset for investors around the world, intensifying global interest.
More and more eyes turned to XRP
In response to these revolutionary predictions, well-known analyst and founder of Black Swan Capitalist, Versan Aljarrah, shared his thoughts. He warned that the current low price of XRP could be temporary, and that increasing demand could raise the value of the asset to match the growing global need for usage.
The fascinating debate sparked by Thorpe’s visionary outlook on the future of XRP has energized the community and focused attention on the significant potential of this digital asset. There are many indications that the days of the financial revolution are not yet over, and the future of XRP could be a key part of this great upheaval.