{"id":561905,"date":"2023-11-22T14:00:34","date_gmt":"2023-11-22T14:00:34","guid":{"rendered":"https:\/\/www.ktsl888.com\/?p=561905"},"modified":"2024-06-11T08:14:48","modified_gmt":"2024-06-11T08:14:48","slug":"ripple-isda-xrp-100","status":"publish","type":"post","link":"https:\/\/www.ktsl888.com\/news\/ripple-isda-xrp-100\/","title":{"rendered":"Ripple Integration With ISDA Ushers In $1.2 Quadrillion Market, Can XRP Breach $100?"},"content":{"rendered":"
XRP, the native token of Ripple, is poised to take part in a $1.2 quadrillion derivatives market following Ripple\u2019s integration into the ranks of the ISDA ushers.\u00a0<\/span><\/p>\n Earlier in August 2023, Ripple, a crypto payments solution, <\/span>announced its membership <\/span><\/a>with the International Swaps and Derivatives Association (ISDA). The strategic move came as a pleasant surprise to XRP community members, as it positioned XRP to fully partake in the massive $1.2 quadrillion derivatives market.\u00a0<\/span><\/p>\n Ripple\u2019s entry into this prestigious club is seen as a significant milestone, allowing the crypto payments company to stand alongside financial giants such as <\/span>J.P Morgan<\/span><\/a>, Goldman Sachs, and the London Stock Exchange.<\/span><\/p>\n Many XRP enthusiasts are looking forward to a bullish outlook for the XRP token. Some have even mulled over the possibility of <\/span>XRP<\/span> breaching the <\/span>$100 threshold<\/span><\/a>. These expectations are fueled by considerations that a successful performance in the derivatives market could serve as a catalyst for significant price movement in the cryptocurrency.\u00a0<\/span><\/p>\n Presently, the <\/span>price of XRP<\/span><\/a> has not shown any notable price growth, even with speculation that a Ripple IPO is imminent. Nevertheless, enthusiasts remain vigilant, closely observing the cryptocurrency for any developments that could <\/span>propel its price upwards<\/span><\/a>. A $100 milestone, if achieved, has the potential to further strengthen the altcoin’s position in the crypto space.\u00a0<\/span><\/p>\n The potential Ripple Initial Public Offering (IPO) and the near resolution of the lawsuit between Ripple and the <\/span>United States Securities and Exchange Commission (SEC), <\/span><\/a>have generated positive sentiment about XRP\u2019s future price. Some analysts have predicted large-scale price increases as high as <\/span>$5,000<\/span><\/a> for a single XRP token in the future.<\/span><\/p>\n One notable prediction by an <\/span>X<\/span><\/a> (formerly Twitter) influencer stated the price of the token was poised to reach $100. He used metrics from Bitcoin\u2019s upsurge from $0.01 to $69,000 in 2021 as a basis for his prediction, highlighting the unpredictability of cryptocurrencies skyrocketing.\u00a0<\/span><\/p>\n There have been other recent price predictions that show <\/span>XRP projecting to $10<\/span><\/a>. Changelly <\/span>predicts<\/span><\/a> that the altcoin’s price will breach its previous all-time high by 2027, and expects that the token\u2019s price will rise above $10 by 2030.<\/span><\/p>\nXRP To Enter The $1.2 Quadrillion Derivatives Market<\/h2>\n
Prediction Suggests $100 Price Increase<\/h2>\n