XRP Featured in German Media with Ambitious $9 Target

XRP has recently surged past $1.40 following several weeks of volatile trading, with some analysts suggesting that this modest recovery could signal the beginning of a more substantial upward trend. As of the latest update, the token was trading around $1.43, still significantly below its previous highs. Despite a generally cautious attitude in the broader cryptocurrency market, insightful remarks from a European investment executive have invigorated discussions about XRP's long-term price potential. During a segment on Der Aktionär TV, Michel Oliver, CEO of Tokentus Investment AG, forecasted that XRP could reach between $7 and $9 in a future bullish market. Oliver linked this projection to the increasing institutional use of XRP and its evolving role in global payment systems, arguing that the token might become a key settlement asset if adoption trends continue. He emphasized foundational advancements over speculative enthusiasm, highlighting licensing achievements and partnerships that may support larger transaction volumes in the future. Oliver indicated that while substantial growth is unlikely in the current market phase, a significant price movement might follow a sentiment reset. Reports suggest that Ripple has secured over 60 financial licenses globally, including an electronic money license in the UK, enabling the company to offer regulated payment services in that region. This growing regulatory footprint has been cited as a reason for long-term optimism. The underlying blockchain, XRP Ledger, was designed for efficient and cost-effective transactions, with XRP serving as the facilitating token. As more institutions join the network, there is potential for the token's value to increase, though significant market investment will be necessary to achieve a price surge to $9. Meanwhile, European access to XRP is expanding, as the cryptocurrency exchange Safello increases availability in additional EU countries following authorization under the Markets in Crypto-Assets framework. While broader exchange access could enhance liquidity and attract new market participants, substantial price increases usually require more than just increased listings. At this stage, XRP appears to be in a rebuilding phase, with investors watching licensing developments and ETF inflows as potential indicators of strength, while others remain cautiously optimistic that real infrastructure advancements will eventually lead to increased demand. The future market cycles will be critical to determining whether the $7 to $9 target will be reached or remain a bold projection.