<p>The price of XRP, the native token of the Ripple blockchain network, was up about 3.5% today to around $0.61. While a modest gain, one vocal analyst believes the token has potential for exponential growth ahead.</p>
<p>EDO FARINA, a prominent XRP analyst, <a href="https://x.com/edward_farina/status/1727409594090033268?s=20" target="_blank" rel="noopener noreferrer nofollow">posted</a> a bullish tweet thread about the token’s prospects. He noted that few people fully grasp the dynamics of supply and demand with <a class="wpil_keyword_link" href="https://captainaltcoin.com/ripple-xrp-price-prediction/" title="XRP" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">XRP</a>. If RippleNet can capture even a small fraction of the hundreds of trillions of dollars moved worldwide by traditional financial systems, it could significantly increase demand for the limited supply of XRP.</p>
<p>RippleNet serves as an alternative global payments infrastructure to the incumbent SWIFT system, allowing faster and cheaper cross-border transactions. As Farina notes, XRP is uniquely positioned to facilitate these real-time settlements in just seconds, far outpacing bitcoin or ethereum in transaction speed and finality.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="465" src="https://captainaltcoin.com/wp-content/uploads/2023/11/image-593-1024x465.png" alt="" class="wp-image-382998" srcset="https://captainaltcoin.com/wp-content/uploads/2023/11/image-593-1024x465.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-593-300x136.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-593-768x349.png 768w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-593-1536x698.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-593-2048x931.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-593-330x150.png 330w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-593-100x45.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-593-770x350.png 770w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-593-788x358.png 788w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-593.png 880w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p>According to Farina, if RippleNet gains meaningful adoption displacing SWIFT volumes, the increased utility and velocity of XRP funds transfers could potentially propel the token’s price to $10,000 and above. While a long-term projection that remains to be seen, he argues XRP’s growth prospects remain underestimated by critics primarily focused on market cap comparisons.</p>
<p>The post highlights the bull case that RippleNet and XRP may stand to exponentially benefit from a once-in-a-generation overhaul of global financial market infrastructure. However, the analysis relies on several optimistic assumptions, so uncertainty remains high on the scale and timeline of potential XRP adoption ahead.</p>
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<p>The post <a href="https://captainaltcoin.com/how-could-xrp-hit-10000-according-to-top-ripple-analyst/" rel="noopener noreferrer nofollow">How Could XRP Hit $10,000 According to Top Ripple Analyst</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

How Could XRP Hit $10,000 According to Top Ripple Analyst

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