Crypto analyst Lucky, XRP He believes that its price may soon jump to significant levels such as $1 or $10. The analyst believes that Ripple’s operational progress and developments in solutions such as Ledger are significant. believes.
Been observing @Ripple‘s operations since the SEC win in July, I can’t help but applaud the team for staying focused in their commitment to the $XRP community
NEWS CONTINUES BELOWFew projects recover from such a drawn-out legal battle that cost them $200 million, but we’ve seen the Ripple team… pic.twitter.com/3uVbFinpj9
— Lucky (@LLuciano_BTC) October 26, 2023
NEWS CONTINUES BELOW
Lucky highlighted that XRP has recorded significant double-digit percentage gains since its drop in August. According to the analyst, the reasons for the revival can be noticed amidst several significant efforts.
First, Lucky Ripple He drew attention to the recently announced cooperation between the US-based stock exchange Uphold and the US-based stock exchange Uphold. The partnership is expected to contribute to increasing liquidity in the Ripple ecosystem. Lucky believes that the Ripple-Uphold collaboration is just one of the catalysts for potential growth in altocin price.
As Koinfinans.com reported, he also noted that Ripple has begun expanding XRP’s utilities in XRPL, with plans to facilitate the trading of non-fungible tokens (NFTs). According to the Bitcoin expert, this move could open the door for Ripple to enter a $1.6 billion market.
I can honestly say that the XRP price is not as far from $1 or $10 as we thought.
On the other hand, Lucky praised the Ripple team for their unwavering commitment to the XRP community. He acknowledged that only a few projects survived a protracted and costly legal battle that left Ripple with $200 million from its coffers. In parallel, Lucky highlighted Ripple’s impressive strides in recent weeks.