XRP, the native token of Ripple, is poised to take part in a $1.2 quadrillion derivatives market following Ripple’s integration into the ranks of the ISDA ushers.&nbsp; 
<h2 id="xrp-to-enter-the-1-2-quadrillion-derivatives-market">XRP To Enter The $1.2 Quadrillion Derivatives Market</h2> 
Earlier in August 2023, Ripple, a crypto payments solution, <a href="https://membership.isda.org/member-showcase/ripple-labs-inc/" rel="nofollow">announced its membership </a>with the International Swaps and Derivatives Association (ISDA). The strategic move came as a pleasant surprise to XRP community members, as it positioned XRP to fully partake in the massive $1.2 quadrillion derivatives market.&nbsp; 
Ripple’s entry into this prestigious club is seen as a significant milestone, allowing the crypto payments company to stand alongside financial giants such as <a href="https://bitcoinist.com/will-the-secs-rejection-of-spot-bitcoin-etfs-ignite/" rel="nofollow">J.P Morgan</a>, Goldman Sachs, and the London Stock Exchange. 
Many XRP enthusiasts are looking forward to a bullish outlook for the XRP token. Some have even mulled over the possibility of XRP breaching the <a href="https://bitcoinist.com/xrp-100-bitcoin-performance/" rel="nofollow">$100 threshold</a>. These expectations are fueled by considerations that a successful performance in the derivatives market could serve as a catalyst for significant price movement in the cryptocurrency.&nbsp; 
Presently, the <a href="https://bitcoinist.com/d-day-xrp-price-blast-off/" rel="nofollow">price of XRP</a> has not shown any notable price growth, even with speculation that a Ripple IPO is imminent. Nevertheless, enthusiasts remain vigilant, closely observing the cryptocurrency for any developments that could <a href="https://bitcoinist.com/xrp-price-incredibly-bullish/" rel="nofollow">propel its price upwards</a>. A $100 milestone, if achieved, has the potential to further strengthen the altcoin’s position in the crypto space.&nbsp; 
<h2 id="prediction-suggests-100-price-increase">Prediction Suggests $100 Price Increase</h2> 
The potential Ripple Initial Public Offering (IPO) and the near resolution of the lawsuit between Ripple and the <a href="https://bitcoinist.com/xrp-major-dates-ripple-sec/" rel="nofollow">United States Securities and Exchange Commission (SEC), </a>have generated positive sentiment about XRP’s future price. Some analysts have predicted large-scale price increases as high as <a href="https://bitcoinist.com/xrp-price-prediction-5000-30/" rel="nofollow">$5,000</a> for a single XRP token in the future. 
One notable prediction by an <a href="https://x.com/24hrscrypto1/status/1725711202511208802?s=46" rel="nofollow">X</a> (formerly Twitter) influencer stated the price of the token was poised to reach $100. He used metrics from Bitcoin’s upsurge from $0.01 to $69,000 in 2021 as a basis for his prediction, highlighting the unpredictability of cryptocurrencies skyrocketing.&nbsp; 
There have been other recent price predictions that show <a href="https://bitcoinist.com/key-events-xrp-price-10/" rel="nofollow">XRP projecting to $10</a>. Changelly <a href="https://www.newsbtc.com/analysis/xrp/xrp-price-cross-10/">predicts</a> that the altcoin’s price will breach its previous all-time high by 2027, and expects that the token’s price will rise above $10 by 2030. 
The price of XRP, at the time of writing, is trading at $0.595 according to CoinMarketCap. The price value is more than 83% below its all-time high of $3.84 in 2018.&nbsp; 
<img loading="lazy" decoding="async" class="aligncenter size-medium" src="https://www.tradingview.com/x/Xu52nGv1/" alt="XRP price chart from Tradingview.com (Ripple)" width="2650" height="1696">

Ripple Integration With ISDA Ushers In $1.2 Quadrillion Market, Can XRP Breach $100?

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