HomeXRP NewsXRP: No Direct Sales by 2030, Says Founder

XRP: No Direct Sales by 2030, Says Founder

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What to Know:

  • XRP’s circulating supply is decreasing, with less than 35 billion tokens remaining for release.
  • An expert predicts XRP could become a wholesale asset accessible to retail traders primarily through ETFs by 2030.
  • This shift anticipates institutional dominance in XRP holdings, driven by its role in cross-border settlements.

XRP’s future may look drastically different as one expert predicts a shift towards institutional dominance. According to Vincent Van Code, by 2030, the native XRP token could become a wholesale asset, primarily accessed by retail traders through ETFs. This projection builds on the anticipation of institutions leveraging XRP for cross-border settlements.

Van Code’s prediction suggests a significant consolidation of XRP holdings among major financial players. Large banks, fund managers, and digital asset treasury companies could accumulate the majority of the available supply. This scenario would limit direct access to XRP for retail investors, channeling them through market-maker-style exposures like ETFs.

The Bitwise XRP ETF ticker choice, “XRP,” may signal this broader shift. Van Code believes this is part of a consensus to transition the native XRP token into a wholesale asset. This move would streamline settlement, custody, and transfers, solidifying XRP’s role in institutional finance.

The timeline for this institutional takeover is relatively short, with Van Code estimating completion by 2030. This projection aligns with the sentiment within the XRP community regarding its potential in the $250 trillion cross-border settlement market. If a significant portion of XRP’s circulating supply gets locked in staking, some analysts project substantial price increases.

In conclusion, the anticipated shift of XRP towards institutional control by 2030 suggests a maturing market. While retail investors may primarily engage through ETFs, the underlying value of XRP could be bolstered by its increasing utility in global financial settlements.

Related: XRP Price: $12M Max Pain for Bears

Source: Original article

Quick Summary

XRP’s circulating supply is decreasing, with less than 35 billion tokens remaining for release. An expert predicts XRP could become a wholesale asset accessible to retail traders primarily through ETFs by 2030. This shift anticipates institutional dominance in XRP holdings, driven by its role in cross-border settlements.

Source

Information sourced from official Ripple publications, institutional research, regulatory documentation and reputable crypto news outlets.

Author

Ripple Van Winkle is a cryptocurrency analyst and founder of XRP Right Now. He has been active in the crypto space for over 8 years and has generated more than 25 million views across YouTube covering XRP daily.

Editorial Note

Opinions are the author's alone and for informational purposes only. This publication does not provide investment advice.

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