A higher price boosts XRP visibility: A rising XRP price captures the attention of investors and financial institutions. It attracts more developers to the XRPL ecosystem, particularly for tokenizing real-world assets. Such interest can boost Ripple’s visibility and strengthen its position in the competitive digital asset market.
More partnerships and financial growth: Past price spikes, like in 2017, led to increased partnerships with over 100 institutions joining RippleNet. A similar surge could enhance Ripple’s financial status, allowing for strategic growth. This includes expanding its On-Demand Liquidity services, crucial for efficient cross-border payments.