- An online pundit envisions a situation in which $14 trillion flows into XRP.
- This scenario considers XRPL’s usefulness in facilitating real-world asset tokenization.
- Ripple CTO predicts XRPL will become the favored platform for launching tokenized assets.
A prominent member of the XRP community has envisioned a situation in which trillions of dollars flow into the XRP market, driven by the XRP blockchain’s usefulness in facilitating real-world asset (RWA) tokenization.
In a recent post on X, the Good Morning Crypto podcast host called attention to the commentaries of Ripple’s CTO David Schwartz on XRP Ledger’s potential within the RWA tokenization market.
Schwartz delivered the remarks during the Apex 2023 developer summit. During a fireside chat at the summit, he highlighted XRPL’s cheap transaction fees and integration with decentralized exchanges. According to him, these features make XRPL the prime platform for launching tokenized real-world assets.
In parallel, Schwartz predicted that by 2025/2026, the XRPL would become the favored platform for launching tokenized assets. Reacting to Schwartz’s remarks, the crypto podcaster expressed his bullish stance about XRP. Also, he polled community members’ opinions about the prospects of XRP reclaiming its previous all-time.
Notably, this discussion expanded upon earlier posts, wherein Graham Rodford, the CEO of Archax exchange, projected that XRPL could handle up to $50 trillion by 2025 within the realm of RWA tokenization.
Rodford delivered the bold forecast during a plenary session at the 2023 Ripple’s Swell conference. He asserted that the entire RWA market across various asset classes is valued at $1.4 quadrillion. Considering the market’s vastness, he argued that multiple trillions of dollars could flow through XRPL while representing a fraction of the overall market.
Banking on this premise, the Good Morning Crypto podcaster stated that with a market valued at $1.4 quadrillion, even capturing 1% would translate to trillions flowing into XRP. It is worth noting that 1% of $1.4 quadrillion amounts to $14 trillion, though the overall crypto market cap is approximately $1.65 trillion. Therefore, a future where XRP commands trillions of dollars remains to be seen.
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Source: https://coinedition.com/pundit-argues-14-trillion-to-flow-into-xrp-with-1-of-share-tokenization-market/