European Exec Sees XRP At $9. Here’s the Timeline

Oliver Michel, CEO of Tokentus Investment AG, a leading German blockchain VC firm, made a bold prediction for XRP in a recent segment on German Der Aktionär TV.

According to BSCN (@BSCNews), Michel expects XRP could reach $7-$9 in a future bull cycle. The token was trading near $1.46 at the time of reporting.

Institutional Adoption Driving Growth

Michel tied his forecast to growing institutional adoption and increasing use of XRP for payments. He highlighted that demand from banks and financial institutions could drive substantial price growth. Despite the token’s large supply, Michel emphasized that institutional interest could push XRP toward his target range.

XRP’s network provides efficiency and liquidity advantages that appeal to institutions handling cross-border payments. By acting as a bridge currency, the digital asset reduces friction in currency exchanges. Michel suggested that these features make the token highly suitable for larger-scale adoption.

Ripple Partnerships Supporting Price Potential

Ripple’s growing network of partnerships also plays a significant role in rising institutional adoption. Banks and financial services integrating XRP into their systems could expand transactional volume. Increased volume, combined with broader institutional participation, could create upward pressure on the digital asset’s price.

Market observers see institutional involvement as a critical driver for cryptocurrencies with real-world utility. Michel’s forecast aligns with this perspective, highlighting XRP’s potential in the global financial ecosystem. Recent reports suggest that global institutions are testing XRP, and sustained institutional flows can have a big impact on price trends.

XRP’s Target Range

Michel’s $7-$9 target range matches a prediction recently made by German analysts. Instead of focusing on short-term volatility, he expects growing adoption to boost XRP. By linking his target to tangible adoption metrics rather than speculation, he framed the potential for higher prices around measurable developments in the payment sector.

Optimism about XRP is building outside traditional U.S.-based crypto circles. This international perspective may signal that interest in XRP is broadening beyond its current user base.

Tracking Adoption Trends

XRP has maintained strong utility in remittances and cross-border transactions. Michel’s outlook suggests that as these use cases scale, the token’s value could respond proportionally.

As more banks integrate XRP and transaction volumes rise, price targets like this become increasingly plausible. Michel’s forecast provides investors with a concrete reference point for assessing potential growth.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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