- Graham Rodford in Swell 2023 reveals that XRPL could reach a trading volume of $30-50 billion by 2025.
- Santiment analysis shows increase in XRP transactions above $1 million, indicating major investor confidence in Ripple.
At Ripple’s Swell 2023, Graham Rodford, CEO and co-founder of Archax, shared a vision for the future of the digital currency: XRPL trading volume could reach between $30 and $50 billion by 2025.
This vision anticipates unprecedented growth in XRP’s value, taking it to $900, an 1800-fold increase over its current value. This vision gained attention when Good Morning Crypto shared Rodford’s statements, generating discussions about the feasibility of such a trading volume in XRPL in the coming years.
🚀 MUST WATCH: $30-50 TRILLION Trading on the #XRPL BY 2025 !?! 👀📈
CEO Graham Rodford stuns at @Ripple's #Swell2023 with jaw-dropping revelation: $30-50 TRILLION Trading on the #XRPL! 🌐🌎
Will we see this amount of volume trading on the XRPL in the next 2 years !? 😳💭… pic.twitter.com/mpYSoti0rL
— Good Morning Crypto (@3TGMCrypto) February 1, 2024
During this speculation phase, two important analyses based on blockchain data stood out. First, analyst Ergag Crypto shared his view on XRP, outlining two possible future trajectories, dubbed the “Blue Route” and the “Green Route.”
#XRP Stuck between 21 EMA & 55 MA, Potential for 7000% Breakout:
Don't be misled by the complexity of the chart below; it presents a potentially life-changing opportunity.
Zooming IN:
On closer view, #XRP's 2-week candle appears to be caught between the 21 EMA and 55 MA. The… pic.twitter.com/kePKSEUQsm— EGRAG CRYPTO (@egragcrypto) February 15, 2024
He claimed to prefer the “Blue Route” based on previously analyzed indicators, suggesting that January 2024 could mark a turning point. However, he also considered the “Green Route” to be viable.
In addition, Santiment noted an increase in XRP transactions above $1 million, especially following a favorable legal verdict for Ripple. This reflects a solid confidence of major investors in XRP, even with market fluctuations.
🥳 #Bitcoin is making an end-of-week push toward $50K with just 10 weeks until the #halving. 90.5% of $BTC coins are now in profit compared to the time of their first existence. For comparison, 84.7% of $ETH coins and 79.9% of $XRP coins are in profit. https://t.co/9t046gP3z0 pic.twitter.com/PMZMALH646
— Santiment (@santimentfeed) February 9, 2024
Santiment noted that there are no signs of concern among these investors, indicating a possible recovery, especially if Bitcoin manages to stabilize the market.
Ripple continues to expand its reach, applying its blockchain technology to different sectors. Reports highlight that Ripple’s applications go beyond the payments market, including partnerships for custody solutions with Metaco, as well as innovations in NFTs and physical asset tokenization.
These initiatives demonstrate Ripple’s ability to lead in various fields, challenging established financial institutions and setting standards in the use of blockchain.
XRP’s current value, considered low, represents an attractive investment opportunity. The expected resolution of Ripple’s litigation with the SEC, expected by the end of April according to court documents, could positively influence XRP’s value.
