- Emi Yoshikawa, Ripple’s VP of Corporate Strategy, predicts a pivotal 2-3 years ahead for mass adoption of blockchain and cryptocurrencies.
- Ripple’s recent survey, in collaboration with the US Faster Payments Council, reveals overwhelming positive sentiment among payment professionals regarding blockchain’s role in the industry.
- XRP’s significant price surge in 2021 and its unique legal status offer it a competitive edge, potentially setting the stage for another price rally to $3.41 by year’s end.
Emi Yoshikawa, Ripple’s Vice President of Corporate Strategy, recently made headlines with her optimistic outlook on the future of crypto and blockchain. Speaking at Ripple Consensus, she revealed data from a survey conducted by Ripple in partnership with the US Faster Payments Council.
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The survey involved 300 payment professionals from 45 countries and aimed to gauge the current sentiment on blockchain’s role in payments.
The results were unequivocal: 100% of respondents acknowledged the benefits of using blockchain and cryptocurrencies in payment processes. Moreover, 97% believed that these technologies would significantly influence payment systems in the next three years.
Source: TradingView
Moreover, in the chart above, XRP notably spiked to a remarkable 666.42% in 2021. This surge coincided with a massive adoption of XRP and Ripple by investors and corporations aiming to expedite cross-border payment transfers.
Presently, Ripple and XRP have secured a legal status distinct from many cryptos, being recognized as not a security. This distinction provides them an edge over other cryptocurrencies, especially with the SEC’s ongoing scrutiny of the crypto space.
Given these circumstances, there’s a strong potential for XRP to mirror its 2021 price surge in the upcoming months. If this trajectory holds, we might see XRP reaching $3.41 by year’s end. Nonetheless, such predictions hinge on investor sentiment and prevailing market dynamics.
Looking ahead, Yoshikawa sees the next two to three years as a pivotal period for the mass adoption of blockchain and cryptocurrencies. This aligns with Ripple’s ongoing efforts to forge partnerships and innovate within the payment industry.
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