XRP is drawing increased institutional attention as it is considered a potential Basel III-compliant asset, according to CoinEdition. Analysts suggest XRP's liquidity and transparency could qualify it as a Tier 1 asset, enhancing its appeal for institutional investors. Currently, XRP's price is consolidating between $1.90 and $3.40, with analysts predicting a breakout could push it to $4.20 or even $8.20. The cryptocurrency's attributes, such as neutrality, instant settlement capabilities, and institutional-grade trust, are seen as significant advantages for cross-border finance and interbank settlements. These features position XRP as a strong candidate for institutions seeking reliable and efficient financial solutions.