Regulatory licensing momentum & XRPL’s intended role as core settlement infrastructure serve as key catalysts.

Some weeks ago, Germany’s Sparkassen savings bank, serving ~50 million customers with €1.62T in assets under management (AUM), began a phased roll-out of XRP trading in their banking apps. Now, a crew member of Oliver Michel of Tokentus Investment AG shared his personal bullish view on XRP price, setting a long-term target between $7 to $9.

Frankfurt’s Top Chart Analyst’s Betting On XRP

On DER AKTIONÄR TV, the Frankfurt Stock Exchange’s affiliate dropped some knowledge in regards to Ripple’s long-term vision of revolutionizing & optimizing the classic financial system, as seen in recent examples. Just last month, Ripple inked a traditional trust bank license in the United States (USA), edging closer towards a full-scale XRPL implementation.

Oliver Michel expresses confidence in XRP ecosystem long-term prospects, suggesting that their most significant developments could take some time to materialize. The daily XRP charts hint at a consolidation phase now, the analyst notes, but then he named a three-headed snake that could turn out as the pivotal catalyst in the bounce back rally.

Sponsored

As it goes:

  • Ripple building a fuller financial stack (custody, treasury-management software & the GTreasury acquisition).
  • Growing institutional demand (Spot-driven XRP price-based ETF inflows have jumped to $1.81 billion).
  • Broader liquidity conditions (end of quantitative tightening / return of quantitative easing and rate cuts).

As strongest points, he references an electronic money license and notes over 60 obtained licenses worldwide. Surely, a $9 price target for XRP would mean nearly tripling the current all-time high (ATH). Set at $3.65, the OG altcoin took a nosedive towards $1.20 earlier this week, but managed to stay afloat at the $1.24 major demand zone since November.

On The Flipside

  • These are mostly technical or scenario-based views tied to bull-market conditions.
  • Actual outcomes have lagged many of the more aggressive 2025-early 2026 calls. 

Why This Matters

The intersection between traditional finance & digital assets could boost the global crypto market cap by billions, while DLT-based chains have an edge in terms of adoption due to the ISO 20022 compliance.

Discover DailyCoin’s trending crypto news today:
After 24 Million Launches, Just 312 Memecoins Are Above $100,000
XRP Price Volatility Crashed To a 2-Year Low: What’s Next?

Get the biggest crypto stories, price insights, and DailyCoin exclusives in your inbox.