The XRP Ledger (XRPL) has already seen significant institutional adoption, with its native decentralized exchange (DEX) processing over $3 billion in trading volume last year. However, the CTO of Omni Network believes that the XRPL has not yet reached its full potential and could experience a 1,000x spike in trading volume with greater institutional adoption. The CTO attributes the XRPL's potential to its compliance functionality, which is lacking in most decentralized exchanges. The XRPL's "Permissioned Domains" proposal aims to address this issue and enable regulated and compliant trading for financial institutions. Once this feature is implemented, the XRPL could attract massive institutional trading volume and potentially see a surge in adoption by banks and hedge funds.



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