XRP News Today: XRP Queen Predicts 100% Gain for XRP by July End

Crypto influencer XRP Queen (@crypto_queen_x) has recently sparked a discussion about the potential future price of XRP, predicting that it could reach $3 by the end of July. This forecast has garnered mixed reactions from the community, with some members finding it realistic while others consider it modest.

XRP Queen's prediction comes at a time when Ripple, the company behind XRP, has made significant strides in various areas. One notable development is Ripple's decision to withdraw its cross-appeal in the ongoing SEC lawsuit. This move is seen as a step towards resolving one of the longest-running legal disputes in the crypto industry, and experts anticipate that the SEC will follow suit.

Additionally, Ripple has applied for a banking license in the U.S., which, if granted, would allow the company to operate under federal oversight and offer a range of financial services directly tied to XRP and its blockchain infrastructure. This would be a first for a crypto-native company and underscores Ripple's commitment to integrating more deeply with the traditional financial system.

The adoption of XRP and the XRP Ledger (XRPL) has also continued to grow. In early July, the official launch of USDC on the XRPL made stablecoin operations more accessible, positioning the XRPL as a viable option for DeFi and enterprise applications. Furthermore, XRP has seen increased institutional interest, with spot ETFs already launching globally and anticipation building for similar products in the U.S.

Some community members have expressed enthusiasm about XRP Queen's prediction, citing the momentum of recent developments. However, others have noted that while reaching $3 is possible, the timing may depend on broader market behavior. One user suggested that XRP is likely to hit that level eventually but did not guarantee it would happen by the end of July. Analysts have been predicting a significant spike in July for months, with one prominent analyst stating that the asset would reach its peak for the current cycle this month.

XRP Queen's $3 target represents a substantial increase from current levels and could set the stage for further gains as bullish developments continue to unfold. However, it is important to note that this prediction is speculative and should not be considered financial advice. Investors are advised to conduct thorough research before making any investment decisions.