Here is How High XRP Can Rise if XRPL Captures 10% of the Derivatives Market at $100T
Assessments suggest the price of XRP could reach a four-digit figure if XRP can capture 10% of the global derivatives market, but there’s a catch.
XRP has been the focal point of multiple bullish predictions in recent times. One of the primary factors contributing to this trend is the untapped potential of the altcoin and its associated blockchain, the XRP Ledger (XRPL).
XRP Undervalued
Notably, XRP started off well years back, with its price rallying by over 60,000% from 2017 to January 2018 to hit the $3.31 all-time high. Within this period, XRP dominated over 30% of the entire crypto market, as its growing utility in cross-border payments became clearer.
However, XRP has since lost its market dominance, with this utility largely…