- 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.
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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