- Ripple applies for U.S. banking license and Fed master account.
- Eleven XRP ETFs filed; BlackRock might join the race.
- Analyst predicts 1,000 XRP could reach $5,000 to $10,000.
Not long ago, XRP was considered a boring asset. For years, it traded in a sideways pattern and didn’t attract much excitement. But since October 2024, that’s changed. XRP has grown by a massive 122,000% since its lowest price in 2014.
Analyst AltcoinBuzz has delved into ”what could 1000 XRP be worth in the next bull cycle?’ But first things first, here’s understanding why XRP could be more powerful in the next cycle:
Ripple Closes SEC Chapter and Eyes U.S. Banking License
Ripple’s long legal battle with the SEC, which began in December 2020, is finally coming to an end. After more than four years, both sides have agreed to drop their appeals, though Ripple is still required to pay a $125 million fine.
Related: Altcoin Market Flashes ‘Golden Cross’ in Bullish Sign for Ether Alternatives
Additionally, Ripple is making moves to become a licensed U.S. bank. It has applied for a national bank license and a Federal Reserve master account. If approved, this would allow Ripple to offer full banking services and support the growth of its stablecoin, RLUSD.
Early RLUSD Growth and XRP ETF Filings
Although RLUSD is still in its early phase, mostly running on Ethereum with only about 497 active wallets, gaining bank status could help Ripple push the stablecoin forward and compete with major players in the space.
At the same time, XRP ETFs are gaining momentum. A total of 11 XRP ETFs have already been filed with the SEC by firms such as Bitwise, 21Shares, Franklin Templeton, and Grayscale. While there was some initial confusion around the Bitwise ETF, it’s now back on track. Many are also speculating that BlackRock may join the ETF race, which could bring even more credibility and attention to XRP.
What Could 1,000 XRP Be Worth in 2026?
The analyst said that while there are many price predictions for XRP, it’s important to stay realistic. He predicts that XRP could reach $5 by early 2026, making 1,000 XRP worth $5,000. Some think it might hit $10, which would mean $10,000 for 1,000 XRP, though that’s a bit of a stretch.
Related: XRP’s Price Shows Its Resilience, Bouncing Back From the Latest Round of “FUD”
There are even long-term predictions of $26.60 per XRP, but that’s not possible in the short term.
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