Ripple Faces Lawsuits and Competition, But Has Potential for Long-Term Growth if It Can Overcome Short-Term Obstacles
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Ripple (XRP) faces risks like ongoing lawsuits and competition that could limit price growth in the short term.
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However, if Ripple wins its lawsuit with the SEC, it could spark renewed investor interest and boost prices.
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RippleNet's global expansion into payments and liquidity could increase demand and value for XRP over time.
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Ripple is exploring central bank digital currencies (CBDCs) which offers significant long-term potential.
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While $5 per XRP in the near future is unlikely, the price could plausibly reach that in the coming years as adoption grows.