XRP's price may see significant gains if Japan becomes the first country to adopt the token for large-scale cross-border transactions. Market analyst Paul White points to Japan's financial environment and Ripple's strategic partnerships as pivotal elements in this potential development. SBI Holdings, a major financial services company, plans to utilize XRP for transfers across four Asian countries, which could further bolster the token's adoption.
Price projections for XRP vary based on different scenarios. In a base-case scenario, XRP could reach between $3 and $5. More optimistic forecasts suggest prices could rise to $8–$12, while aggressive predictions see the token surpassing $15 if adoption accelerates.
XRP Price Could Surge if Japan Adopts Token for Cross-Border Use
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