XRP Targets $3,300 as Institutional Adoption Momentum Grows

XRP's price has been on an upward trend, currently trading at $1.44 and up 4% over the past 24 hours.

A recent regulatory petition by Boyd Roberts argues that XRP could be recognized as eligible collateral within institutional finance, with a potential target of $3,300.

This number is not arbitrary, but rather originates from the fact that Ripple Prime already processes over $3 trillion annually and the SEC's classification of XRP as a digital commodity has added weight to its adoption.

Ethereum, on the other hand, currently sits at above $2,600, still trying to reach its own $3,000 psychological marker.