{"id":568033,"date":"2024-01-04T19:00:31","date_gmt":"2024-01-04T19:00:31","guid":{"rendered":"https:\/\/www.shenyangcang.com\/?p=568033"},"modified":"2024-06-11T07:09:41","modified_gmt":"2024-06-11T07:09:41","slug":"xrp-price-ripple-1-5-trillion","status":"publish","type":"post","link":"https:\/\/www.shenyangcang.com\/news\/xrp-price-ripple-1-5-trillion\/","title":{"rendered":"XRP Price Set To Spike As Ripple Enters Another $1.5 Trillion Industry"},"content":{"rendered":"

Global crypto payments provider Ripple is poised to venture into a substantial $1.5 trillion industry, signaling a potential surge for XRP. The company is strategically positioning itself to provide solutions to the financial complexities within this industry.<\/span><\/p>\n

Ripple\u2019s Strategic Expansion<\/h2>\n

In a recent Wednesday report published on <\/span>X<\/span><\/a> (formerly Twitter), Ripple, a blockchain-based digital payments network, revealed its latest expansion target to be the <\/span>$1.5 trillion IT industry. <\/span><\/a>The crypto network has envisioned a transformative role for Ripple in the IT industry where difficulties with <\/span>cross-border payments<\/span><\/a> and other financial challenges have long persisted.\u00a0<\/span><\/p>\n

Related Reading: Solana Has Flipped Ethereum In Yet Another Metric In Its Bid To Reach $200<\/a><\/div>\n

\u201c97% of payments leaders believe blockchain and digital assets will have a significant role in enabling faster payments within the next three years. In our latest payments guide, discover how to accelerate global payments for an IT services business,\u201d Ripple stated.\u00a0<\/span><\/p>\n

While Ripple expressed its ambition to extend into this thriving industry, the <\/span>crypto payments provider<\/span><\/a> also outlined several ways IT service providers can utilize blockchain-based payments to overcome their financial problems.\u00a0<\/span><\/p>\n

According to <\/span>Ripple<\/span><\/a>, by using blockchain technology, many IT services can easily streamline payments to suppliers overseas. Additionally, <\/span>blockchain-based payments<\/span><\/a> can effectively solve issues like slow and expensive international wire transfers, high transaction fees, restrictive banking hours, and a lack of transparency.\u00a0<\/span><\/p>\n

While Ripple anticipates the IT industry to hit $1.5 trillion by 2024, the crypto payments provider has also expanded its focus to other sectors. In November 2023, Ripple announced its intention to dominate the <\/span>$300 trillion payments sector.<\/span><\/a><\/p>\n

This strategic expansion aligns with the company\u2019s vision to revolutionize the <\/span>traditional finance<\/span><\/a> system and could serve as a catalyst to trigger a long-awaited surge in XRP prices.\u00a0<\/span><\/p>\n

\"XRP<\/p>\n

Token price declines to $0.57 | Source: XRPUSD On Tradingview.com<\/a><\/pre>\n
What\u2019s Next For XRP – Potential Surge?<\/h2>\n
Ripple\u2019s possible entry into a trillion-dollar industry comes as a ray of <\/span>hope<\/span><\/a> for XRP \u2018hodlers\u2019 who have been waiting years to see a significant shift in the <\/span>price of XRP.<\/span><\/a> If Ripple\u2019s advanced payment technology successfully becomes integrated into the vast IT industry, demand for its native token, <\/span>XRP may rise.<\/span><\/a><\/p>\n
Related Reading: Crypto Pundit Says Cardano Rivals XRP Community, But Why Is ADA Price Struggling?<\/a><\/div>\n
Since 2023 till date, XRP has been <\/span>unable to break resistance<\/span><\/a> to reach the $1 price mark. However, Ripple\u2019s move into a multi-trillion dollar market could lead to broader adoption of the cryptocurrency, potentially pushing XRP\u2019s price to <\/span>values predicted<\/span><\/a> by various crypto analysts in the industry.\u00a0<\/span><\/p>\n
At the time of writing, XRP is trading at 0.5771 according to CoinMarketCap. The cryptocurrency is still trading miles below its all-time high of $3.84 in 2018.\u00a0<\/span><\/p>\n
Featured image from Zipmex, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
Global crypto payments provider Ripple is poised to venture into a substantial $1.5 trillion industry, signaling a potential surge for XRP. The company is strategically positioning itself to provide solutions to the financial complexities within this industry. Ripple\u2019s Strategic Expansion In a recent Wednesday report published on X (formerly Twitter), Ripple, a blockchain-based digital payments network, revealed its latest expansion target to be the $1.5 trillion IT industry. The crypto network has envisioned a transformative role for Ripple in the IT industry where difficulties with cross-border payments and other financial challenges have long persisted.\u00a0 Related Reading: Solana Has Flipped Ethereum In Yet Another Metric In Its Bid To Reach $200 \u201c97% of payments leaders believe blockchain and digital assets will have a significant role in enabling faster payments within the next three years. In our latest payments guide, discover how to accelerate global payments for an IT services business,\u201d Ripple stated.\u00a0 While Ripple expressed its ambition to extend into this thriving industry, the crypto payments provider also outlined several ways IT service providers can utilize blockchain-based payments to overcome their financial problems.\u00a0 According to Ripple, by using blockchain technology, many IT services can easily streamline payments to suppliers overseas. Additionally, blockchain-based payments can effectively solve issues like slow and expensive international wire transfers, high transaction fees, restrictive banking hours, and a lack of transparency.\u00a0 While Ripple anticipates the IT industry to hit $1.5 trillion by 2024, the crypto payments provider has also expanded its focus to other sectors. In November 2023, Ripple announced its intention to dominate the $300 trillion payments sector. This strategic expansion aligns with the company\u2019s vision to revolutionize the traditional finance system and could serve as a catalyst to trigger a long-awaited surge in XRP prices.\u00a0 Token price declines to $0.57 | Source: XRPUSD On Tradingview.com What\u2019s Next For XRP – Potential Surge? Ripple\u2019s possible entry into a trillion-dollar industry comes as a ray of hope for XRP \u2018hodlers\u2019 who have been waiting years to see a significant shift in the price of XRP. If Ripple\u2019s advanced payment technology successfully becomes integrated into the vast IT industry, demand for its native token, XRP may rise. Related Reading: Crypto Pundit Says Cardano Rivals XRP Community, But Why Is ADA Price Struggling? Since 2023 till date, XRP has been unable to break resistance to reach the $1 price mark. However, Ripple\u2019s move into a multi-trillion dollar market could lead to broader adoption of the cryptocurrency, potentially pushing XRP\u2019s price to values predicted by various crypto analysts in the industry.\u00a0 At the time of writing, XRP is trading at 0.5771 according to CoinMarketCap. The cryptocurrency is still trading miles below its all-time high of $3.84 in 2018.\u00a0 Featured image from Zipmex, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":568050,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,16894,88655,83363],"tags":[3680,17209,4531,83637,13172,10972,78763],"class_list":["post-568033","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-ripple","category-ripple-2","category-xrp","tag-ripple","tag-ripple-news","tag-xrp","tag-xrp-news","tag-xrp-price","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\nXRP Price Set To Spike As Ripple Enters Another $1.5 Trillion Industry<\/title>\n<meta name=\"description\" content=\"Global crypto payments provider Ripple is poised to venture into a substantial $1.5 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Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/www.shenyangcang.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"XRP Price Set To Spike As Ripple Enters Another $1.5 Trillion Industry","url":"http:\/\/www.shenyangcang.com\/news\/xrp-price-ripple-1-5-trillion\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/www.shenyangcang.com\/news\/xrp-price-ripple-1-5-trillion\/"},"thumbnailUrl":"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2024\/01\/Ripple-XRP.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2024\/01\/Ripple-XRP.png?fit=1200%2C716"},"articleSection":"Ripple","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["ripple","ripple news","xrp","xrp news","xrp price","xrpusd","xrpusdt"],"dateCreated":"2024-01-04T19:00:31Z","datePublished":"2024-01-04T19:00:31Z","dateModified":"2024-06-11T07:09:41Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"XRP Price Set To Spike As Ripple Enters Another $1.5 Trillion Industry\",\"url\":\"http:\\\/\\\/www.shenyangcang.com\\\/news\\\/xrp-price-ripple-1-5-trillion\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/www.shenyangcang.com\\\/news\\\/xrp-price-ripple-1-5-trillion\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/www.shenyangcang.com\\\/wp-content\\\/uploads\\\/2024\\\/01\\\/Ripple-XRP.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/www.shenyangcang.com\\\/wp-content\\\/uploads\\\/2024\\\/01\\\/Ripple-XRP.png?fit=1200%2C716\"},\"articleSection\":\"Ripple\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/www.shenyangcang.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"ripple\",\"ripple news\",\"xrp\",\"xrp news\",\"xrp price\",\"xrpusd\",\"xrpusdt\"],\"dateCreated\":\"2024-01-04T19:00:31Z\",\"datePublished\":\"2024-01-04T19:00:31Z\",\"dateModified\":\"2024-06-11T07:09:41Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/shenyangcang.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2024\/01\/Ripple-XRP.png?fit=1200%2C716","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.shenyangcang.com\/wp-json\/wp\/v2\/posts\/568033"}],"collection":[{"href":"https:\/\/www.shenyangcang.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.shenyangcang.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.shenyangcang.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/www.shenyangcang.com\/wp-json\/wp\/v2\/comments?post=568033"}],"version-history":[{"count":0,"href":"https:\/\/www.shenyangcang.com\/wp-json\/wp\/v2\/posts\/568033\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.shenyangcang.com\/wp-json\/wp\/v2\/media\/568050"}],"wp:attachment":[{"href":"https:\/\/www.shenyangcang.com\/wp-json\/wp\/v2\/media?parent=568033"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.shenyangcang.com\/wp-json\/wp\/v2\/categories?post=568033"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.shenyangcang.com\/wp-json\/wp\/v2\/tags?post=568033"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}