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Reaper Financial’s founder, Patrick Riley, has expressed his optimism about the potential of Ripple’s XRP to reach a new all-time high. In an interview with market analyst Zach Rector, Riley suggested that the coin could surpass $22 in the next bull market. He also discussed some of the projects his team at Reaper has developed using the XRP ledger, which he believes will contribute to its bullish potential. Riley further stated that the integration of Ethereum Virtual Machine (EVM) side chains into Ripple will enhance the network’s growth. According to Riley, Ethereum is a slow and expensive network that has been struggling for some time, whereas XRP with EVM offers a faster and cheaper alternative. He predicts that several tokens will migrate from Ethereum to the XRP ledger. In the interview, Riley made a bold prediction, stating that he realistically expects XRP to surpass Bitcoin as the leading cryptocurrency. He also discussed the upcoming XLS-30 amendment, which will introduce an automated market maker (AMM) to XRP. This amendment could result in increased listings of XRPL tokens that were previously excluded from exchanges due to their trading volumes, potentially driving up the token’s price. At the time of writing, XRP is valued at $0.619538, a 0.5% decrease from its value 24 hours ago. The coin’s support levels are established between $0.55 and $0.51, while it faces resistance at the $0.66 mark. Despite not surpassing its all-time high of $3.84 in the past six years, analysts anticipate that XRP will exceed $10 in the next crypto market bull run.
