There is a buzz around XRP, and it’s not just hype. Acclaimed crypto specialist Aaron Arnold and leading NFT artist Ragzy have marked XRP’s untapped potential, which predicts its imminent rise. Uniquely positioned, XRP is not just another cryptocurrency, but a platform that has the potential to reshape the digital art trading landscape with its cheap, fast transactions.
The XRP Ledger: An Invisible Gold Mine
Ragzy, known for her pioneering spirit, is betting on XRP for her next NFT venture. The freshness of the XRP ledger in the NFT space is accompanied by unparalleled transaction speeds, characteristics not found in other popular chains such as Ethereum or Polygon. This, in combination with low transaction costs, offers an attractive framework for both artists and investors.
Ragzy uses the nascent XRP Ledger for her art. This move underscores her belief that the XRP ledger holds promise as a nascent ecosystem for NFTs. Despite its late entry into the NFT world due to its decentralized nature, the undervalued state of the XRP Ledger could be the calm before the storm.
Expected Crypto Bull Run and the Role of XRP
The narrative surrounding XRP’s future value remains intertwined with the outcome of Ripple’s pending lawsuit. If they prevail, there is broad consensus that XRP will increase in value. Moreover, Ripple’s impressive international network of partners could protect it from total collapse, even if the lawsuit falls through.
Ripple’s recent acquisition of a $250 million company, along with BlackRock ETF’s interest in Bitcoin, are indicators of the sector’s bullish potential. This scenario, coupled with the potential legal wins, could propel XRP’s price to its previous all-time high of around $3. The impending crypto bull run, coupled with a favorable legal outcome, could even see XRP cross the $5 mark.
As Ragzy suggests, the ongoing bear market could limit how high prices can rise, even with positive news. However, the bull market’s endgame could change the game, paving the way for XRP to reveal its latent value.