XRP has been subjected to bold predictions about its future value in the crypto community this cycle. One such prediction came recently from Versan Aljarrah, better known as Black Swan Capitalist, who noted that the stage is set for XRP to hit the $100 mark. Here, he outlined a roadmap on social media that explains how XRP could scale from today’s modest $3 price levels to $100, $1,000, and even beyond. Big Players Need To Start Stacking According to Aljarrah, XRP’s first push to $100 is dependent on accumulation by big players. This is very important, and recent market dynamics have quietly increased this accumulation trend, especially as institutional investors are now anticipating the launch of a Spot XRP ETF anytime soon. Banks, financial institutions, and long-term investors are believed to have been quietly stacking XRP. This steady absorption of supply is creating the perfect conditions for a supply shock. Related Reading: Analyst Sounds Major XRP Warning: Last Chance To Get In As Accumulation Balloons On the demand side, XRP’s growing adoption in cross-border settlements and liquidity transfers provides a strong transactional base. When falling supply meets rising utility, the price could escalate quickly, and as such, the analyst noted that the stage is set for the token to hit the $100 mark. Moving beyond $100 requires factors that are far greater than only accumulation by big players. According to Aljarrah, moving from $100 to $1,000 requires widespread integration into the global financial system. In order to reach the $1,000 mark, the altcoin would need to switch from retail speculation and become deeply integrated into the financial system and become the go-to digital collateral and a preferred settlement layer. In this scenario, banks, stablecoin issuers, and tokenization platforms would rely on XRP for large-scale liquidity management and high-value settlements. This would cause the velocity of money and total value flowing through the XRP network to expand, and each XRP token would carry a larger share of global activity. This demand is enough to push its valuation to $1,000. Recurring $100 And $1,000 Predictions Aljarrah’s forecast aligns with past bold calls from other voices in the XRP community. Analysts such as EGRAG CRYPTO, Austin Hilton, and BarriC, and even discussions within XRP circles on social media and trading platforms, have suggested that $1,000 is possible under adoption in the realm of traditional finance. Related Reading: Pundit Drops Bombshell On XRP Circulating Supply, ‘It’s Smaller Than You Think’ These predictions vary in their timelines and assumptions but converge on the idea that XRP’s price potential is linked directly to its ability to absorb global liquidity. The idea of XRP going beyond $1,000 and reaching as high as $10,000 under full-scale utility, as Aljarrah suggested, is extreme, but it is possible if XRP reaches its full-scale utility and infinite scalability. At the time of writing, XRP is a long way from reaching the projected $100 and $1,000 price targets. XRP has been inching upward steadily this week. It is now trading at $3.10, up by 2.9% in the past 24 hours. Featured image from Adobe Stock, chart from Tradingview.com
The Nasdaq has filed a proposed rule change with the SEC to list tokenized stocks, marking a significant integration of blockchain technology into traditional finance (TradFi). Market experts have predicted that XRP is one of the crypto assets that stand to benefit massively from this move. Nasdaq Files To List Tokenized Stocks Nasdaq has filed with the SEC to allow investors to trade tokenized stocks on its platform. The exchange has proposed that these securities could be traded in either their traditional form, without using blockchain technology, or in their tokenized form, utilizing blockchain technology. Furthermore, the platform proposes that shares of these tokenized securities should be traded in the same order book as the traditional ones and with the same execution priority. Related Reading: Analyst Predicts The XRP Price If 10% Of Global Assets Are Tokenized Meanwhile, Nasdaq proposes that the market participants who wish to clear and settle their trades will note their preference by selecting a flag that the exchange will designate for this purpose. When the market participant selects the tokenized flag, Nasdaq will then communicate this to The Depository Trust Company, which is in charge of clearing trades. This move means that blockchain networks, such as Ethereum, Solana, and the XRP Ledger (XRPL), could experience increased adoption as companies transition to tokenizing their stocks. Notably, Galaxy Digital, last week, became the first Nasdaq-listed company to tokenize its common stock on Solana. Experts such as Tom Lee have made a case for why Ethereum will be the go-to platform for companies to tokenize their stocks on. Meanwhile, Solana and the XRP Ledger (XRPL) also stand out due to their speed and cost-efficiency. Solana recently passed the Alpenglow upgrade proposal, which will reduce transaction finality. Meanwhile, the XRPL has introduced new compliance amendments, which will incentivize institutions to adopt the network. All Tokenized Assets Will “Route Through XRP” In an X post, Versan Aljarrah, the founder of Black Swan Capitalist, commented on Nasdaq’s filing to list tokenized stocks and declared that all tokenized assets will eventually route and settle through XRP as the bridge currency. He added that this means trillions in value will move on-chain, possibly through the XRP Ledger. Related Reading: Pundit Warns XRP Investors Not To Sell Their Tokens In The Next 3 Months Aljarrah reiterated that all value flows through XRP. Notably, crypto analyst Costa recently predicted that the XRP price could reach $473,214 if 10% of global assets get tokenized on the XRPL. This came as Ripple predicted that 10% of global assets will be tokenized by 2030. Ripple has so far made great strides in its tokenization push, although no notable stock has been tokenized on the XRPL as of yet. However, it is worth noting that Ondo Finance’s tokenized U.S. Treasuries fund is integrated on the XRPL. At the time of writing, the XRP price is trading at around $2.95, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com