Ripple (XRP) Price Prediction 2025-2030: Will the lawsuit extend to mid-2023
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject
Ripple, the company behind the world’s sixth-largest cryptocurrency XRP, is making inroads into the European market despite the slowdown caused by the ongoing crypto winter.
Here’s AMBCrypto’s Price Prediction for XRP for 2023-24
The leader in enterprise blockchain solutions announced on 11 October that it had two new customers for its On-Demand Liquidity (ODL). Paris-based payment provider Lemonway and Swedish money transfer provider Xbaht are set to utilize Ripple’s ODL for crypto-enabled payments and retail remittances.
Ripple’s European expansion comes at a time when companies in the continent are coming around on blockchain and realizing its advantages. Recent research published by Ripple found that 70% of the financial institutions in Europe believe that blockchain will have a significant impact on their business in the next 5 years.
Meanwhile, on the legal front, Ripple CEO Brad Garlinghouse shared some optimistic news while speaking at the DC Fintech Week Conference. For those following the developments in the controversial SEC v. Ripple case, Garlinghouse said that verdict may come in three to four months.
The CEO did add that federal judge “work at their own pace” and the case may extend to mid-2023.
Ripple’s native token has had an impressive performance over the last 30 days, registering a growth of 28.5%. However, the past week has been rather rough for the crypto as its price declined more than 8%.
Data from CoinMarketCap showed that XRP, at press time, was trading $0.457. Its market capitalization stood at $22.8 billion, with a trading volume of $1.7
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