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Xrp price forecast next year if XRP’s role in liquidity management
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If XRP’s role in liquidity management for DeFi platforms increases, the "XRP price forecast next year" could surpass initial resistance levels, aiming for $1.29–$1.33 based on projected TVL growth. Blockchain data revealed the tokens were purchased on Kraken before being promptly transferred to an external wallet address. The move adds weight to the narrative that large investors are capitalizing on current market dips to beef up their XRP holdings rather than exit. Another compelling factor is XRP's liquidity and deep market penetration. As one of the most traded cryptocurrencies, XRP enjoys high daily trading volumes (~$3.4 billion in late 2024), ensuring price stability and ease of entry for institutional investors. Regulatory trend indicators from the UK and EU suggest relaxed frameworks, aiding the "XRP price forecast next year". This environment could foster adoption among remittance firms, pushing valuations beyond $1.