The post Ripple Alumni Reveals XRP to $1 Trillion Secret Strategy: Details appeared on BitcoinEthereumNews.com.

XRP, the digital asset of Ripple Labs, has clinched a key milestone, hitting $190 billion in market capitalization. Taking to the X platform, Austin King, a crypto veteran and former Ripple employee, celebrated XRP’s new milestone. King further unveiled strategies for Ripple to grow into a trillion-dollar asset. The Ripple Labs Strategy to Grow XRP Uncovered Austin King, now the founder of Omni Network, sold his start-up to Ripple in 2019. He said he started working with Ripple in 2017 while still at Harvard. In his X post, King shared a strategy that most people miss. The Ripple alumni highlighted interoperability as a key blocker preventing XRP from advancing to its next phase. He noted that Ripple is expanding their core XRP Ledger (XRPL) strategy. As a result, the firm is now leveraging its global base of traditional finance customers to tokenize the world’s assets. While King commended Ripple’s tokenization strategy, he said there is room for more expansion. – Advertisement – He highlighted a scenario of XRPL’s tokenized assets extended into the multi-chain DeFi economy, valued at $125 billion. King believes this expansion could generate over 400 times more XRP revenue than the existing fee model. King stressed that Omni Network is working on facilitating the permissionless growth of tokenized assets from the XRPL into the multi-chain DeFi ecosystem. He also hinted that OMNI will take a key role in promoting the adoption of RLUSD across the DeFi economy. XRP and Price Outlook XRP has reached levels not seen in months following weeks of consolidation and push for bullish momentum. Earlier in the day, XRP price rose to a new high of $2.97, following Bitcoin’s move towards the $100,000 level. The altcoin continued its rally, hitting a seven-year high of $3.35. Per market data, XRP price surged over 13%…

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Filed under: News - @ January 17, 2025 11:26 am