XRP, currently trading at $1.88, has seen a significant decline from its July peak, reflecting a broader market pullback. Analyst Sam Daodu has identified five catalysts that could propel XRP to $5 by 2026. These include the potential launch of a BlackRock-backed ETF and the introduction of Ripple’s RLUSD stablecoin in Japan. Additionally, on-chain data indicates supply shifts and macroeconomic trends that could support this upward movement. Institutional inflows and increased tokenization on the XRP Ledger are also highlighted as crucial factors for this potential rally.
Analyst Identifies Key Drivers for XRP's Potential Rise to $5 by 2026
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This content is for informational purposes only and does not constitute investment advice.
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