"There's No Other Altcoin Like This"...Institutional Expectations Revive for XRP $20 Scenario

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Discussions surrounding whether XRP can reach $20 in the long term are once again spreading. 24/7 Wall St. noted that while XRP has recently remained in the $1.40 to $1.45 range, institutional investors have begun to present specific price forecasts again.

On May 10 (local time), 24/7 Wall St. assessed that XRP's long-term direction appears positive. However, while leaving open the possibility of reaching $20, it analyzed that reaching that level could take a significant amount of time.

The core rationale presented in the article is that the foundations for institutional entry are being built simultaneously. 24/7 Wall St. reported that the U.S. Securities and Exchange Commission (SEC) lawsuit has concluded, XRP spot ETFs are being traded, and Ripple continues to form partnerships. Furthermore, the expansion of the XRP Ledger and the potential passage of cryptocurrency market structure legislation in the U.S. were also mentioned as factors supporting upward expectations.

In particular, 24/7 Wall St. assessed that among other altcoins, cases like XRP, where multiple institution-based factors are simultaneously in place, are rare. This analysis focuses on a long-term structure where regulation, ETFs, network utilization, and Ripple's business expansion work together, rather than short-term price movements.

However, the $20 forecast is closer to a long-term scenario than a short-term target. The key variable remains that for XRP to break out of its current range, institutional fund inflows, XRP spot ETF growth, expanded XRP Ledger utilization, and the passage of U.S. cryptocurrency market structure legislation must all align.

24/7 Wall St.'s analysis emphasizes that XRP is moving beyond the stage where the $20 discussion is based solely on community expectations. If factors such as the resolution of regulatory uncertainty, ETF launches, expanded Ripple transactions, and XRP Ledger growth operate simultaneously, the possibility of XRP's long-term value re-evaluation is expected to continue to attract market attention.

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