Summary
- Researcher Jeff Kendrick predicted that XRP will reach $5.50 by the end of 2025.
- Currently, XRP is at $1.79, down 5.64% from the previous day, but there is a possibility of a 200% increase by year-end.
- Researcher Kendrick positively evaluated that XRP is rapidly growing in cross-border remittance and inter-currency settlement.
Despite the recent decline in XRP, a positive outlook has emerged for the cryptocurrency.
According to Decrypt, a cryptocurrency-focused media outlet, Jeff Kendrick, a researcher at Standard Chartered, predicted that "XRP will reach $5.50 by the end of 2025."
As of 8:43 AM on the 9th (KST), the price of XRP is $1.79, down 5.64% from the previous day. This suggests that XRP could see a 200% increase by the end of the year.
Researcher Kendrick explained the positive outlook by stating, "XRP is used in the rapidly growing cross-border remittance and inter-currency settlement in the digital asset market."
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
!["No U.S. government backstop" shock…Bitcoin retreats to the $60,000 level; Ethereum also rattled [Lee Su-hyun’s Coin Radar]](https://media.bloomingbit.io/PROD/news/a68e1192-3206-4568-a111-6bed63eb83ab.webp?w=250)
