The expert says when banks start using XRP, we will see crazy prices like $ 500 to $ 1,000 per currency

Barric, a prominent voice in the XRP community, claimed that banks and financial institutions have not yet adopted XRP.

he rules This belief on the relatively low XRP price, as the currency continues to trade about $ 2. According to Barric, an important indicator of the bank’s extensive adoption will be a much higher price point.

The current prices reflect the pre -residence stage

He emphasized that the price of XRP can rise to hundreds or even thousands of dollars once international banks start actively using digital assets. Barric suggested that the value of XRP can reach levels like $ 100, $ 500, or even $ 1,000 for the coin, as soon as banks start adopting.

The analyst believes that the current XRP price of about $ 2 is evidence that institutional adoption has not yet happened. As a result, he stressed that this is a rare opportunity to collect the currency at low prices before its full benefit through adoption by financial institutions.

“No more XRP is cheap again”

The community commentator believes that once global financial institutions are fully integrated into the payment infrastructure, especially by a Ripple to pay, the price of the asset will witness significant growth. He boldly claimed that XRP could rise after $ 100 as soon as this happens and even up to $ 500 or $ 1,000 per coin.

This post concluded with a warning to the current and skeptical investors: There will be no “cheap XRP again”.

This latter prediction is in line with the history of Barric’s ambitious calls to assemble XRP while remaining “cheap”. It has previously argued that in the future, $ 500 per currency can be considered.

In fact, such predictions have succeeded in stimulating many XRP holders. However, critics warn that prices are in hundreds The market value requires It goes beyond major technology giants like Apple and Google. Consequently, they reject such long -standing expectations.

Clarification on XRP, banking use, and price movements

At the same time, the claim that the low XRP price is that banks that they do not use are still speculative. Supporters often argue that the price in 100 to $ 1,000 is necessary to provide the necessary liquidity for trillion dollars.

However, Ripple has Explained Its payment program does not directly affect the price of XRP, either brilliantly or ascending.

In addition, analysts noted that the current liquidity available through XRP is not sufficient to process transactions trillion dollars. In essence, the XRP price will not rise in a magical way to only triple numbers for this purpose.

Moreover, a number of financial institutions already uses the Ripple payment network. Specific examples Includes tranglo And Sbi Japan. However, it should be noted that although XRP is combined into ripples, it is not a mandatory component.

Basically, banks can necessarily use a Ripple product without using the XRP code. In fact, some people can prefer to use stablecoin like RLUSD.

However, despite these facts, many supporters of XRP You remain optimistic This bank adoption can eventually push XRP to astronomy.