What does Q3 hold for Ripple's XRP? Let's have a look.
its liquidity hub to two new countries – Brazil and Australia. Moreover, there’s an important upgrade that’s supposed to happen in the coming weeks. It will see the integration of two very critical new features – the automated market maker and the clawback feature.Another critical factor is the outcome of the case between the United States Securities and Exchange Commission and Ripple.
If Ripple wins, it’s highly likely that the price will gain massive momentum. We’ve already seen a practice run in July when Judge Analisa Torres ruled partially in favor of Ripple. XRP doubled in a day. But the chances of that case getting resolved in the next three months seem slim. Other factors that could potentially drive XRP’s price up include:We also have a video that looks into how XRP could perform in the next bull run and the factors to consider:
And it’s here that we should also mention one outrageous and, perhaps, kind of out-of-touch prediction of XRP reaching a whopping valuation of $500.that XRP could reach $500 in the next four years based on the cross-border payments market reaching a capitalization of $250 trillion.
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