XRP: The Future After Legal Barriers Are Removed

Since the victory in the U.S. presidential election of Donald Trump in early November, the price of XRP (CRYPTO: XRP) – the third largest cryptocurrency in the world by market capitalization – has increased by over 400%. This is one of the most impressive performances in the crypto market in the recent period. The main reason for this breakthrough comes from the leadership change at the SEC (Securities and Exchange Commission) in America (. This agency has decided to halt or settle several major lawsuits related to crypto, including the years-long lawsuit against Ripple – the company behind XRP. The lawsuit was a major "bottleneck" that held back XRP. Now, with the legal barriers removed, the question is: where will XRP go in the next 5 years? Great expectations Although it has experienced tremendous growth in just a few months, many investors, experts, and industry leaders believe that the potential of XRP is still very large. The primary application of XRP is international payments. With the ability to process up to 1,500 transactions per second, XRP outperforms traditional payment systems by a significant margin. Brad Garlinghouse – CEO of Ripple – asserted that Ripple's technology can fully compete with the SWIFT system )Society of Worldwide Interbank Financial Telecommunication(, which currently dominates the cross-border payment market. Garlinghouse emphasized: SWIFT has an error rate of up to 6%. RippleNet eliminates the need to "pre-fund" ) deposit money into the partner's account (, thereby reducing capital requirements and costs for banks. The XRP-based solution enables faster, cheaper, and more efficient transactions. He even predicted that XRP could capture up to 14% of SWIFT's transaction market share in the future. Currently, more than 100 banks using SWIFT are part of the RippleNet network, demonstrating Ripple's efforts to connect crypto and traditional finance. In particular, Ripple has also expanded its ecosystem through strategic acquisitions, such as the merger with the brokerage Hidden Road – aiming to build a stronger bridge between the traditional financial market and blockchain. Trust from analysts Not only Garlinghouse, many large financial institutions also value XRP. Geoff Kendrick – a cryptocurrency analyst at Standard Chartered – believes that XRP will benefit from: Efficiency in the field of international payments. The launch of the spot ETF fund-XRP in the future. The expansion of the use of Ripple's stablecoin RLUSD, with XRP serving as the bridge token. According to Kendrick, by 2029, the price of XRP could very well exceed 12 USD, which is 4 times the recent price of around 3 USD. Reality and challenges Predicting prices in the crypto world is always a challenging task because the market is still young and differs from stocks. Crypto does not generate cash flow or specific profits, so valuation is primarily based on practical applicability. XRP currently has a significant advantage thanks to Ripple and the RippleNet network – a bridge between blockchain and the global financial system. However, it cannot be denied that some other networks like Solana have the ability to process even more transactions. Therefore, the speed of ecosystem expansion and the execution capability of Ripple's strategy will determine the future of XRP. In the next 5 years, if Ripple succeeds in capturing the international payment market, the demand for XRP will increase significantly, thereby driving the value of the token upwards. However, at the same time, due to the volatility and novelty of the industry, XRP remains a highly speculative investment. Conclusion XRP is currently facing a great opportunity as it overcomes legal barriers and has a clear direction in the field of international payments. With the backing from Ripple, the ecosystem is developing, and there is growing interest from financial institutions, this currency could become an important part of the global financial infrastructure. However, with the inherent risks of the crypto market, investors need to approach XRP cautiously, viewing it as a potential but highly volatile investment over the next 5 years.