Furthermore, XRP Queen noted that Ripple has integrated with banks, funds, and institutions, which she claimed is positioning the altcoin for real-time global settlement. The pundit also believes that the crypto firm has secured regulatory clarity where it actually matters, which is bullish for the XRP price. Lastly, she mentioned that Ripple is actively pursuing a full banking license, having secured conditional approval from the Office of the Comptroller of the Currency (OCC).\u00a0<\/p>\n
XRP Queen declared that Ripple\u2019s moves are how one builds financial plumbing. \u201cSystems don\u2019t move in pennies. They move in orders of magnitude. Lock in,\u201d she added. Regarding how high the XRP price could rise based on institutional targets, XRP Queen suggested the altcoin could reach $100.\u00a0<\/p>\n
In an X post<\/a>, she stated that people laugh at an XRP price target of $100 because they price it like a meme, but that institutions price the altcoin like infrastructure. As such, she believes the altcoin could reach these price targets based on its utility, especially as it gains traction as a token for real-time global settlement.\u00a0<\/p>\n In a real-world assets (RWAs) at scale.\u00a0<\/p>\n Cheeky Crypto also highlighted McClurg\u2019s statement, in which he said the XRP Ledger is already processing real financial transactions and boasts real-world financial use cases, which he claims are drawing institutions\u2019 attention.\u00a0<\/p>\n Notably, the Canary Capital CEO had recently predicted that XRP would dominate<\/a> the RWA industry, which is projected to become a trillion-dollar industry at some point. This could boost the altcoin\u2019s utility as the XRP Ledger processes more RWA transactions, sending the XRP price higher in the process.\u00a0\u00a0<\/p>\nCanary Capital CEO Makes Bullish Case For XRP<\/h2>\n