XRP news today: Ripple's XRP Price Surges 9% as CEO Predicts 4,900% Gain

Versan Aljarrah, CEO of Black Swan Capitalist, has predicted that Ripple’s XRP could become a crucial solution for banks during a financial crisis. According to Aljarrah, Ripple’s fast and efficient technology could be key to maintaining the flow of money in troubled times. He believes that every bank will eventually rely on Ripple’s network, which could push XRP’s price to $100, and potentially even $1,000 in the future.

Aljarrah warns that many large companies are currently drowning in debt, and as pressure builds, they may start to collapse. This could trigger a chain reaction across the entire global market, leading to margin calls and forcing investors to sell off their assets, pushing prices down even more. If things go out of control, it could cause banks to freeze credit, leading to panic across financial systems and serious social problems like job losses and limited access to money.

As this threat grows, Ripple’s XRP could become the tool that keeps money flowing. Aljarrah says XRP was built for moments like this. Its technology allows money to move across borders in seconds, far faster than the old banking systems. That kind of speed and liquidity could be crucial if markets start to break. According to Aljarrah, Ripple has already worked with central banks around the world. Some use XRP directly to settle international payments, while others rely on Ripple’s system to issue IOUs backed by XRP’s liquidity.

Aljarrah also says that even small countries have already started using Ripple’s system, and he believes big players might have secretly agreed on XRP’s future role in a new financial system. XRP price today is trading around $2.26, reflecting a 9% rise over the week, but Aljarrah believes that’s far below its real value. He believes the real value of XRP could soar anywhere between $100 and even $1,000 in the future. However, reaching even the lower end of that target won’t be easy. To hit $100, XRP would need to climb by a massive 4,900% from its earlier level of $2.08, making it a very ambitious prediction, for now.