Analyst Predicts XRP Cycle Top at $12, Warns Against $100 Speculation

Crypto Insight UK discusses the distinction between XRP's utility and speculation. Despite recent institutional developments, the analyst warns against expecting XRP to reach $100 soon.

The Federal Reserve cut rates by 25 basis points, potentially easing further this year, which may impact risk assets like cryptocurrencies.
The SEC approved new listing standards for spot commodity ETPs, paving the way for crypto ETFs beyond Bitcoin and Ethereum.
Grayscale's Digital Large Cap product was cleared, including multiple cryptocurrencies such as XRP.
CME Group will list options on Solana and XRP futures, expanding regulated hedging tools.
Ripple launched a new initiative with DBS and Franklin Templeton, introducing a stablecoin (RLUSD) and tokenized money-market fund (sgBENJI) on DBS Digital Exchange.

Franklin Templeton will issue sgBENJI on the XRP Ledger, creating an on-chain cash-and-collateral market.
RLUSD's potential is highlighted by Jack McDonald's estimate of global repo transaction volume in the tens of trillions.

XRP Price Outlook

The analyst suggests XRP won't reach $100 this cycle, with a conservative target of around $12.
He emphasizes discipline in profit-taking and maintaining a small "moon bag" for potential future gains.

At press time, XRP traded at $3.03.

XRP price