XRP Price Prediction: $50? Ripple’s Bank License Bid Sparks Debate
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Vincent Van Code, a software engineer and XRP advocate, predicts XRP could surge to $30-$50 if Ripple obtains a US banking charter and Federal Reserve master account. This would make Ripple the first crypto bank, allowing it to hold reserves directly with the Fed, offer FDIC-insured deposit accounts for crypto assets, and lend against crypto collateral. The move would integrate Ripple into traditional and crypto finance, offering fiat and crypto products and potentially revolutionizing cross-border payments. Van Code's prediction is based on several catalysts: potential XRP spot ETF approval, significant institutional investment ($20-$50 billion), RippleNet capturing a substantial portion of the cross-border payments market (20-30% of $1 trillion), and global XRP adoption as a bridge asset for CBDCs. He also cites the growing use of Ripple's stablecoin, RLUSD, and the possibility of XRP's use in Saudi oil settlements due to Ripple's collaboration with the Saudi central bank. While some view a price reaching $30-$50 as unrealistic given the implied market cap in the trillions, XRP holders see Ripple's regulatory path as a key to institutional legitimacy and broader adoption. The combination of a master account, bank charter, ETF inflows, and global adoption is viewed as a roadmap for XRP's future growth, though the timeframe remains unspecified. Currently, XRP trades at $2.27.
(Source: https://www.newsbtc.com/xrp-news/xrp-could-hit-50-if-ripple-gets-bank-license-claims-crypto-pundit/)
