XRP, the native token of the XRP Ledger, achieves a significant milestone with 5 million wallets, signaling growing adoption. Recent legal victories over the SEC contribute to optimistic price predictions, including a potential surge to $27. Explore the insights into XRP’s legal battles and analysts’ projections in the blockchain market.
The native token of the XRP Ledger, XRP, has recently surpassed 5 million wallets, showcasing a notable increase from last year’s 4 million. This milestone suggests a growing user base, aligning with the broader cryptocurrency market’s recovery.
Following legal victories over the U.S. Securities and Exchange Commission (SEC), XRP’s future looks promising. Despite facing SEC allegations in 2020, a recent ruling clarified XRP as a security for institutional investors. This distinction could be a catalyst for the predicted surge in XRP’s value, with analysts speculating a potential climb to $27 per token.