David

Bold

Rise

<p>The post <a href="https://coinpedia.org/news/xrps-trillionaire-dream-can-xrpl-snatch-1-from-the-1-4-quadrillion-tokenization-market/">Ripple News: XRPL Eyes Trillion-Dollar Tokenization Market, Boosting XRP Price</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>XRP’s future is looking bright, and the reason is BIG – a $1.4 quadrillion market opportunity. <a href="https://coinpedia.org/news/ripples-potential-record-breaking-ipo-45-billion-xrp-takes-the-lead/">Ripple</a>‘s CTO, <a href="https://coinpedia.org/news/ripples-cto-david-schwartz-shares-his-optimistic-outlook-for-crypto-in-2024/">David Schwartz</a>, believes XRPL can grab a piece of this pie thanks to its low fees and easy integration with decentralized exchanges. This could mean trillions of dollars flowing into the crypto market, potentially boosting XRP’s price in a major way. </p> 
<p>But can <a href="https://coinpedia.org/news/xrpls-battle-against-spam-results-in-12-million-xrp-burn/">XRPL</a> capture that 1% share and become the go-to platform for tokenizing real-world assets? </p> 
<p>Read on to find out why experts are calling this a game-changer for XRPL and XRP, and why you shouldn’t miss this developing story.</p> 
<h2 class="wp-block-heading" id="h-powerhouse-xrpl-rising">Powerhouse XRPL Rising!</h2> 
<p>During the Apex 2023 developer summit, David Schwartz showcased XRPL’s standout features for real-world asset tokenization. </p> 
<p>With low transaction fees and seamless integration with decentralized exchanges (DEX), XRPL aims to become the preferred platform for launching tokenized real-world assets. Schwartz predicts reaching this milestone within the next 18 months, stirring excitement in the <a href="https://coinpedia.org/price-prediction/xrp-ripple-price-prediction/">XRP</a> community.</p> 
<p><strong>Understanding XRPL’s Potential</strong></p> 
<p>A recent Good Morning Crypto podcast revisited David Schwartz’s thoughts on XRPL’s potential in the RWA tokenization market.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4c8.png" alt="📈" class="wp-smiley" style="height: 1em; max-height: 1em;"> Tokenization is about to revolutionize the <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw">#XRP</a> ledger, and Ripple's CTO, David Schwartz, unveils the timeline: 12-18 months. <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f440.png" alt="👀" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4a5.png" alt="💥" class="wp-smiley" style="height: 1em; max-height: 1em;"> With a $1.4 Quadrillion market, even a 1% capture means trillions flowing into <a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$XRP</a>! <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4c8.png" alt="📈" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/JoelKatz?ref_src=twsrc%5Etfw">@JoelKatz</a> <br><br>Are you bullish on XRPL Tokenization ?… <a href="https://t.co/Or7bxKPgMm">pic.twitter.com/Or7bxKPgMm</a></p>— Good Morning Crypto (@3TGMCrypto) <a href="https://twitter.com/3TGMCrypto/status/1754142721952850251?ref_src=twsrc%5Etfw">February 4, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>Expanding on this, the podcast highlighted the vast opportunity. In a market valued at $1.4 quadrillion, even a modest 1% capture could result in trillions flowing into XRP. To put it simply, 1% of $1.4 quadrillion equals $14 trillion, surpassing the current overall crypto market cap of about $1.65 trillion. While XRP getting trillions is uncertain, these events suggest XRPL might change the crypto landscape.</p> 
<p>Did You Read? <a href="https://coinpedia.org/news/ripple-cto-david-schwartz-solves-the-xrpl-genesis-1-32569-block-mystery/">Ripple CTO David Schwartz Solves the Mystery of the Missing XRPL Genesis Block</a></p> 
<h2 class="wp-block-heading" id="h-bill-morgan-joins-the-conversation">Bill Morgan Joins the Conversation</h2> 
<p>Adding to the buzz, pro-XRP attorney Bill Morgan emphasized the rarity of blockchains with built-in DEX and low fees. He asked, <em>“How many layer 1 blockchains have an in-built DEX and low fees?”</em></p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">He makes the point that low fees and integration with the XRPL’s DEX make the XRPL attractive for tokenization of real world assets. Remind me, how many layer 1 blockchains have an in-built DEX and low fees? <a href="https://t.co/5DZMfwfRjt">https://t.co/5DZMfwfRjt</a></p>— bill morgan (@Belisarius2020) <a href="https://twitter.com/Belisarius2020/status/1754323219220467778?ref_src=twsrc%5Etfw">February 5, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<h2 class="wp-block-heading" id="h-xrpl-s-50-trillion-journey">XRPL’s $50 Trillion Journey</h2> 
<p>Significantly, discussions expanded on <a href="https://coinpedia.org/price-analysis/xrp-price-can-see-1000x-rally-by-2025-heres-how/">earlier insights</a> from Graham Rodford, CEO of U.K. exchange Archax. Rodford estimated that by 2025, XRPL could process a staggering $50 trillion within the RWA tokenization context. With the total RWA market valued at $1.4 quadrillion across all asset classes, Rodford highlighted the growing trend of assets transitioning to blockchain technology.</p> 
<p>Also Read: <a href="https://coinpedia.org/news/xrps-epic-comeback-ripples-u-s-market-return-ignites-crypto-frenzy/">Ripple Returns: XRP Poised to Enter US Market After 3-Year Hiatus&nbsp;</a></p> 
<p>David Schwartz’s vision, alongside industry experts’ optimistic projections, places XRPL as a force to be reckoned with.</p>

Ripple News: XRPL Eyes Trillion-Dollar Tokenization Market, Boosting XRP Price

목차

CoinPedia News

2024년 2월 5일에 게재된 다른 기사

Bitcoin to surpass gold rarity, experts predict mind-blowing $500K price

Nibiru Chain Secures $12 Million to Fuel Developer-Focused L1 Blockchain (5 Feb)

Bitcoin lover Nayib Bukele re-elected as El Salvador’s president

Spain’s finance ministry targets crypto, NFTs with new tax reform

Bitcoin Stability and Crypto Market Growth as Asia Welcomes the Year of the Dragon

ENS Coin Surges Following Strategic Partnership with GoDaddy

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!