A remarkable assessment was put forward in crypto currency markets. A crypto expert, XRP price may rise by 1300 percent, he said. This estimate of the expert is based on the increasing trading volume and network activities on the XRPL (XRP Ledger). In addition, this prediction shows similarity to the great rise in 2017, but the use of the usage in the field in the current period and the over -chain data show that this cycle may be greater.
Volume increase in XRPL and decrease in SWIFT use
The XRP Ledger network has recently been experiencing a significant revival. This mobility points to a strong increase in the number of people and institutions using the network and the amounts transferred. In the same period, the transaction volumes on the SWIFT platform, which plays a fundamental role in the global financial system, decrease. These developments may indicate that alternative systems have begun to stand out in financial transfers.
In the past, financial transactions were carried out through well -established systems such as SWIFT. However, with technological innovations, the use of blocky -based networks and digital assets in financial transfers becomes widespread. Platforms such as XRPL lead to this change by offering fast and low -cost transfer. Crypto investors’ application – the reason will surprise you!
Comparisons with 2017 and the current cycle
The expert states that XRP has previously experienced a similar rise in 2017. At that time, the vitality in the markets caused crypto currencies to gain collective value. In this process, XRP was also valued at a remarkable proportion.
It is stated that the increase in the current period is supported by over -chain data. The network transactions and the increase in the number of participants lead to positive expectations for the price potential of XRP. “I believe that the current cycle can be more powerful than what happened in the past,” Expert uses.
“The growth on XRPL can trigger the significantly increase in the price,” a crypto expert assessed a crypto expert.
Use in real life and the role of over -chain data
In different sectors, the usage areas of the XRP and the network are constantly developing. Companies and individuals are increasingly preferred to XRP for international payments and transfers. Such applications increase the number of users and network users to the XRP.
On-Chain, ie over-chain data, allows transparently monitoring of the platform transactions. Experts say that these data may be useful in evaluating the potential of XRP. Closely monitoring price changes can be effective in the decisions of investors and users.
The recent increase in mobility on XRP Ledger and the volume decrease observed in traditional financial infrastructures such as SWIFT may have shown that the role of digital assets in the financial system has grown. According to expert views, both the over -chain data and the combination of the use of the real world may have significant effects on XRP’s pricing. In this context, monitoring of developments and technological progress in the market may be useful for users and investors.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
