Top analyst Sam Daodu believes #XRP could reach $5 by 2026, driven by five key factors:
- *Potential BlackRock-backed XRP ETF*: Approval could significantly boost market demand and solidify XRP's position as a regulated token in the US.
- *Tokenization of Assets*: Ripple's partnership with Archax to tokenize assets could increase demand for XRP, capturing a share of the tokenized asset settlement market.
- *RLUSD Stablecoin Launch in Japan*: The launch of Ripple's USD-backed stablecoin in Japan could create substantial demand for XRP as a bridge currency.
- *Macroeconomic Policy*: Anticipated rate cuts by the Federal Reserve could drive capital toward riskier assets like XRP.
- *Supply Dynamics*: Decrease in exchange-held XRP, with 1.35 billion XRP removed from exchanges in less than two months, indicates a behavioral shift among holders.
Some predictions support this bullish outlook:
- *Coinpedia*: Predicts XRP could reach $5.50 to $8.50 by 2026, with potential highs of $13.25 by 2027 and $26.50 by 2030.
- *Standard Chartered*: Forecasts XRP to reach $8 by 2026 and $12.50 by 2028.
- *The Blockverse*: Predicts XRP's price to be between $5.50 and $8.50 in 2026, with an average price of $6.25 .
#altcoinseason #BinanceAlphaAlert #WriteToEarnUpgrade #USGDPUpdate