Ripple’s XRP Bulls Target $5 Eruption Following Landmark Strategic XRP Reserve Plans ⋆ ZyCrypto

XRP ETFs Set To Reach SEC’s Desk As Billions Ready To Pour Into XRP Following Ripple Win Against SEC

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XRP bulls are gearing up for a major price rally following large institutional investors and analysts backing an incoming surge. Within the last 24 hours, XRP traders have projected a short-term price gain to $5 before potentially raising the value to $10 if a string of firms accumulate assets, pointing to Bitcoin and Ethereum reserves. At the time of writing, XRP trades at $3.22, experiencing fluctuations throughout the day but maintaining its strong weekly form, with a gain of above 4.5%.

Nature’s Miracle Announces XRP Reserve

In a latest release, agro-tech firm Natures’ Miracle disclosed plans to establish a strategic XRP reserve to boost its balance sheet. The firm would hold $20 million of the asset through proceeds from equity financing from GHS Investments. This follows a growing number of publicly-listed firms launching a crypto reserve as a second option to fiat.

According to initial plans, it might increase holdings through strategic placements and financing instruments. The move positions Natures’ Miracle among the first publicly listed firms to adopt XRP reserves as altcoin momentum builds. Analysts suggest the firm would capitalize on deploying staking mechanisms and the upward price trend.

This year, most firms have focused on Bitcoin and Ether reserves modeled after Michael Saylor’s Strategy. The firm now holds over 600,000 assets and recently launched a stock offering pegged at $100. Other companies, such as Metaplanet and H100, also acquired new assets, boosting institutional confidence. 

For Ethereum, SharpLink purchased 79,949 ETH, taking total reserves to 360,807 tokens. Most firms have lauded Ethereum’s growth potential as the second-largest crypto and the largest defi blockchain. 

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James Li, the CEO of Nature’s Miracle, noted that institutional demand in XRP was part of the driving factors behind the investment. “We see the huge potential of XRP as it improves the speed and reduces the cost of cross-border payments. Many established financial institutions, like Banco Santander and American Express, are already involved with XRP. We believe that the adoption of an XRP Treasury program will benefit our shareholders and the Company.”

Furthermore, he pointed to President Trump signing the landmark GENIUS Act, which ushers in stablecoin clarity. United States banks have shown interest in exploring stablecoin options to aid cross-border settlements. Overall, positive enforcement due to clarity is expected to drive adoption globally.



Source: https://zycrypto.com/ripples-xrp-bulls-target-5-eruption-following-landmark-strategic-xrp-reserve-plans/