Why This Expert Is Predicting A $10,000 Base Price For XRP

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Crypto expert Remi has raised the possibility that XRP could have a base price of $10,000. This came as the expert noted that the XRP Ledger (XRPL)could become the go-to network for tokenization, boosting XRP’s utility.  How XRP Can Achieve A Base Price of $10,000

In an X post, Remi predicted that XRP could have a base price of $10,000. He suggested that this could happen if the altcoinhas a “United States Crypto price Floor System.” Notably, he made this comment in reference to a reporton the U.S. developing a critical minerals price floor system.  Related Reading Analyst Shares XRP Roadmap To $10,000: What Happens With Each Milestone? 1 week ago

Remi suggested that this could also happen for XRP if the U.S. eventually considers it a very important asset. Meanwhile, the expert also noted that the XRP Ledger will tokenize gold and Bitcoin, which would also boost the altcoin’s utility and possibly contribute to the base case price of $10,000. 

In another X post, Remi declared that all the critical minerals will be tokenized on the XRPL with XRP as the bridge currency. He reiterated that the altcoin could reach $1,000, $10,000, and even $100,000 once these begin to happen on the XRPL. It is worth noting that the XRPL is already seeing a wave of tokenization of real-world assets (RWAs). 

Billiton Diamond and Ctrl Altannounced earlier this month that they had tokenized over $280 million of certified polished diamonds. Ripple also backed the deal, with the crypto firm providing custody services for this tokenization initiative. RWA.xyz datashows that the total tokenized assets on the XRPL are currently valued at $1.9 billion. The network ranks sixth among all networks in terms of tokenized RWAs.  XRPL Gets New Upgrade 

The XRP Ledger has activated the Permissioned DEX, which enables compliant institutional trading. This is expected to further boost the network’s adoption, which is positive for XRP. Commenting on this development, expert X Finance Bull notedthat regulated institutions can now trade on the network with vetted counterparties.  Related Reading Cup And Handle Pattern Puts XRP Price At $60 After Hitting Resistance 1 day ago

He further remarked that this translates to compliant DeFi, on-chain order books, and KYC-gated trading. The expert also claimed that Ripple and its partner institutions have been waiting for this, and that the infrastructure is ready and the payment rails are open. X Finance Bull declared that this is how up to trillions of dollars will enter the XRP Ledger. 

He also mentioned that the CLARITY Act, being signed into law, will be the next bullish catalyst for XRP. Once that happens, he predicts that institutional inflows into the XRP ecosystem will increase. 

At the time of writing, the XRP price is trading at around $1.41, down over 4% in the last 24 hours, according to datafrom CoinMarketCap. XRP trading at $1.42 on the 1D chart | Source: XRPUSDT onTradingview.com Featured image from Adobe Stock, chart from Tradingview.com