Where Will XRP Be in 3 Years?
During the past year, XRP (CRYPTO: XRP) has demonstrated its explosive upside potential. It's now up more than 400% since the U.S. presidential election, and currently trades for $3.08 (as of Aug. 14). Based on this red-hot performance, many analysts are already ratcheting up their price predictions for XRP.
In April, for example, Standard Chartered predicted that XRP would hit a price of $12.50 by the end of 2028. That suggests that XRP could eventually quadruple in value within just three years. But is that a realistic assumption for XRP?
When attempting to value XRP in the future, a key factor will be the rate of institutional adoption. In other words, how many financial institutions are actually using XRP as part of their everyday banking operations?
Source Fool.com
