The crypto exchange arm of Japan’s financial leviathan SBI Group has actually anticipated a minor rise in Ripple’s indigenous token XRP, adhering to current market advancements.
In its newest market report, SBI VC Trade has actually predicted a rise in the price of XRP to $0.62 from the existing price of $0.56 at press time. The exchange additionally highlighted current advancements bordering Ripple’s lawful fight with the United States Securities and Exchange Commission (SEC).
“However, as international remittance services using XRP are expanding, there is no doubt that this recent good news has removed a major burden on XRP, and XRP will be widely accepted by individual investors in the future, making it more popular than ever. If high liquidity is obtained, it is likely to rise as the XRP price stabilizes.”
The …