Prominent XRP influencer Lord XRP (@Bitforcoinz) recently voiced his opinion that XRP could reach $10,000, suggesting its capability to facilitate Central Bank Digital Currency (CBDC) settlements is reason for the higher estimation. Although this post incited some questioning responses from the XRP community, one Ripple analyst said its On-Demand Liquidity (ODL) offers a solution to cros- homemade blockchain interoperability. Moreover, XRP being picked by the World Economic Forum as one of the most important crypto assets for wholesale CBDC payment systems in 2020 suggests the idea should not be completely discounted.
However, Lord XRP’s main focus was XRP’s supply anticipating a prominent role for the capitial in a world full of foreign and cros-homemade payments; 100 billion tokens may not suffice, thus prompting Lord XRP to argue the insufficient supply could URGE up the price. There was contradiction to this from another commenter, who argued that the speed of proceedings might substitute the absence in the token stock, adding a much more probable expectation should be set around $100.
This prediction of an immense figure for XRP corresponded with an estimate that according to a forecast of $250 trillion for cross-border finance by 2027, however generally seemed to be on the conservative side in terms of effectiveness.
