CandleFocus Pundit Says Ripple’s True Development Plan Could Push XRP to 5 Digits: Details
2024-10-08
Author: Content Editor
The XRP community is discussing Ripple's long-term goals and how they could impact the price of XRP. Speculation suggests that Ripple's true ambitions may extend beyond cross-border payments and include managing the entire derivatives market. This speculation is fueled by Ripple's inclusion in the International Swaps and Derivatives Association and its involvement in the development of a derivatives exchange with Bitstamp. The host of Common Sense Crypto suggests that cross-border payments were just a testing ground for Ripple, and the company may have bigger plans that involve the smart contract platform Codius. Despite being abandoned by Ripple, there are hints that smart contracts may still be part of Ripple's strategy, particularly with the development of an Ethereum Virtual Machine sidechain for the XRP Ledger. If full smart contract capabilities are integrated into the XRP Ledger, it could potentially increase the value of XRP significantly. However, these ideas are speculative as Ripple has not made any public statements indicating such intentions.
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