Xrp price forecast 2029 industry experts forecast a steady
Industry experts forecast a steady climb in XRP value, with 2029 projections averaging $6.30, factoring in regulatory frameworks and CBDC integrations showcased by central banks in Europe and Asia. Starting June 20, 2029, MicroStrategy may redeem all or part of the notes for cash, subject to certain conditions. The private offering will be available to individuals qualified as institutional buyers under Rule 144A of the Securities Act of 1933. In parallel, Ripple is moving deeper into tokenization efforts, including the development of tokenized US Treasury bill funds and its own USD-backed stablecoin, RLUSD, which Kendrick believes could bolster XRP’s position further. “XRP’s blockchain, the XRP Ledger, is a payments chain and may become a tokenisation chain,” he said. Hedge fund sentiment tracker data shows portfolio allocation to XRP rising 12% this quarter, reinforcing a forward target of $8.40 in
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