
A Wells Fargo treasury manager predicts that the price of XRP could reach $100-$500 in the next 4-7 months. The manager believes that XRP’s liquidity strength is a key metric for this prediction and argues that XRP’s status as a non-security provides room for growth and adoption. The manager dismisses other prediction techniques and highlights the divided predictions within the XRP community, with some basing predictions on past trends and others focusing on utility and partnerships. Ripple Labs, the company behind XRP, is hopeful that the recent court ruling will lead to increased usage of the token and its On-Demand Liquidity (ODL) product for cross-border payments.
AI Sentiment: Positive