The post XRP Price Prediction As Japan Banks Set to Adopt XRP By 2025 appeared on BitcoinEthereumNews.com.

Ripple (XRP) price surged 10% in the last 24 hours, driven by broader crypto market gains. Currently trading above $2.4, the rise follows strong market consolidation. Bitcoin (BTC) crossing $97K has further fueled this momentum. Additionally, expectations for Japanese banks adopting XRP by 2025 are strengthening investor confidence in the token’s future prospects. How High Will XRP Price Go If Japan Banks Use XRP Next week, every bank in Japan is set to integrate Ripple’s XRP Ledger, marking a significant development in financial technology. This announcement comes from SBI CEO Yoshitaka Kitao, highlighting the transformative potential of Ripple’s hybrid remittance system.  By combining the XRP Ledger with the Interledger Protocol (ILP), the solution aims to streamline cross-border payments and reduce currency conversion complexities. Japan’s banking sector, valued at $6.372 trillion in market capitalization, could inject substantial investment into XRP price. Conservative estimates suggest a 1% adoption could increase XRP’s market cap by $63.72 billion, driving its price to $3.50.  More aggressive projections, based on a 10% sector-wide adoption, estimate an Ripple price surge to $13.48. These figures underscore the potential ripple effect this adoption could have on the broader crypto ecosystem. The XRP Ledger’s efficiency and cost-effectiveness position it as an ideal tool for facilitating international remittances. As Japan’s financial institutions embrace Ripple’s technology, the move could set a precedent for global banking systems seeking to modernize their cross-border payment frameworks. Source- Tweet XRP Technical Analysis The price of XRP has seen a notable surge of 10% over the past week, reaching $2.38 as of today. The digital asset witnessed a 5.84% rise in the past 24 hours alone, with its trading range fluctuating between a low of $2.25 and a high of $2.44 during this period. Over the past -day the Ripple price has surged from $2.03 level to…

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Filed under: News - @ January 2, 2025 11:18 pm