# supply and demand Related Articles

Market Expert Updates XRP Roadmap To $300 With New Data

Market expert CharuSan has updated his roadmap for XRP, predicting a rally to $300, driven by the potential enactment of the CLARITY Act and subsequent adoption by banks via Ripple's On-Demand Liquidity (ODL) service. He argues that for large-scale, global banking transactions, XRP's current price and circulating supply are insufficient. CharuSan explains that executing multi-billion dollar transfers for thousands of banks simultaneously would create a bottleneck and cause slippage unless the token's price is significantly higher to provide the necessary liquidity depth. He cites partnerships with major infrastructure providers as a foundation for swift adoption. Currently, XRP is trading around $1.38.

bitcoinist05/19 18:31