Ripple’s XRP has been on a tear in recent days, confidently showing the market why it’s a top crypto and Bitcoin’s chief rival. A quick look at the weekly price charts reveals exciting dynamics for popular crypto: it’s currently trading between $2.52 and $2.63 and has already popped by 21% for its month-over-month performance. And here’s another interesting take on XRP: the asset’s trading volume is heating up, has dislodged (yet again) Tether’s USDT to become the third biggest crypto, by market cap.
As XRP continues to show strength, analysts respond by offering their best XRP news prediction. XRP holders and traders are eyeing new records now that the $150 billion market cap has been hit. Buoyed by IPO talks and with ETF optimism kicking in, an imminent price explosion of up to 500% is a possibility. Interestingly, another PayFi crypto is fast gaining ground and many are betting on bigger ROI and even better cross-border payments.
Latest XRP News: Dislodges Tether’s USDT to Become Third Biggest Crypto by Market Cap
Bigger than Tether’s USDT? XRP’s price march continues.
Ripple’s XRP continues to flirt with new records and now trades solidly above $2.30. Traders and analysts are liking XRP’s chances at new highs, as supported by technicals. Last April 8th, the popular crypto hit and closed above the 50-day EMA, at $2.26, and surged by 21% until Tuesday. XRP’s price is now up by 21% from its previous month, with clear bullish signals.
As XRP continues its price market that started last April 8th, the asset’s trading volume has spiked significantly. A few weeks ago, trading volume hovered just around $2 to $3 billion, but during May 13th trading, volume surged past $10 billion. XRP’s most recent market surge allowed it to dislodge Tether’s USDT to become the third biggest crypto by market cap.
XRP Price Prediction Gets Boost Over ETF Optimism, Regulatory Wins
All bets are off, with 79% probability that XRP’s ETFs will be approved this year
Today’s XRP price predictions are primarily driven by growing confidence in the project and its expanding use cases. Two macroeconomic factors are driving even the boldest XRP price prediction: optimism over ETF approvals and easing of SEC issues.
According to the punters at Polymarket, there’s now a 79% probability that spot ETFs for XRP will be approved. Then, there are the SEC disputes that have disrupted Ripple’s roadmap in recent years. SEC has already settled, clearing the way for Ripple to continue its roadmap, including a possible IPO.
Get Ready for ‘XRP 2.0’: Remittix Reshapes the Cross-Border Payment Conversations
As XRP and other altcoins make their price moves, Remittix is slowly building its Pay API, which is expected to flip the PayFi switch. Many have identified this crypto in pre-sale as ‘XRP 2.0’, but devs and early adopters have a different story to tell: Remittix is different, and it promises to revolutionize cross-border payments! Instead of the typical fiat-to-fiat payments or even crypto-to-crypto settlements, Remittix expands the menu by supporting crypto-to-fiat transactions.
Integrating Remittix’s Pay API is fairly straightforward and promises big results. Just connect your wallet, indicate the crypto amount and send it to global bank accounts in over 30 fiat currencies. Transactions are lightning fast and secure with no hidden charges, zero FX fees and just simplified cross-border payments. Remittix works with its native token, the RTX token, which sets the project’s direction and is now on pre-sale.
Conclusion
Ripple’s XRP has the momentum, and now solidly trades above $2.50. Also, the XRP/BTC chart and other indicators like oscillators and moving averages suggest a ‘Strong Buy’. However, XRP’s projected price performance hinges on the consistent increase in trading volume and traders’ interest. Investors looking for a bigger ROI and participation in a revolutionary PayFi project may see Remittix as a better option.
Now on pre-sale, at $0.0757 per 1 RTX, early adopters are looking at its next price increase: $0.0781. With the token’s supply at less than 15%, with a few more price adjustments before listing, now is the perfect opportunity to get in and share in the revolution!
Get more information about Remittix and its pre-sale instructions here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
