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Is XRP Price Heading to $3? Former Ripple CTO’s 8-Year-Old Prediction in Focus as Hidden Road Integration Scales
Yahoo Finance· 2026-03-04 12:32
Core Insights - XRP is gaining renewed attention from investors due to Ripple's strategic developments and discussions around a past prediction from its leadership [1][2] - The addition of Hidden Road, a prime brokerage platform acquired by Ripple, to a key clearing directory has sparked optimism among XRP supporters [1][3] Ripple's Institutional Push - Hidden Road Partners CIV US LLC was added to the National Securities Clearing Corporation's (NSCC) Market Participant Identifiers directory, indicating integration into traditional financial infrastructure [3][4] - Ripple completed the acquisition of Hidden Road for $1.25 billion, rebranding it as Ripple Prime to serve as a global multi-asset prime brokerage [4][5] Historical Predictions and Market Sentiment - Former Ripple CTO David Schwartz's eight-year-old prediction about XRP's potential value as a bridge asset for international payments has resurfaced, boosting sentiment [6][8] - Schwartz argued that while Ripple's technology could enhance cross-border payments without XRP, the asset could gain value if it became a bridge currency connecting fiat markets [7][10]