AI Predicts XRP Surge if 30% of Supply Is Locked as Garlinghouse Calls Out Banks

XRP price prediction, staking, and supply lock

A new XRP price prediction from the AI-based tool Gemini is attracting a lot of attention in the crypto community. Gemini predicted that if 30% of XRP tokens are staked, it could increase the price to $7.5-$11. This means that, with XRP staking, prices could rise by 5-8x from the current $1.35.

At the same time, Ripple CEO Brad Garlinghouse publicly criticized banks for their approach towards crypto and the latest stablecoin yield talks that are a part of the Clarity Act. Garlinghouse said,

“The door to a deal is wide open. The banks just need to act in good faith and walk through it.”

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AI Predicts XRP Surge as Garlinghouse Pressures Banks

Brad Garlinghouse Ripple CEO
Source: Bloomberg

The AI XRP price prediction focuses heavily on how supply dynamics influence liquidity. It is based on the premise that a large-scale XRP supply lock will result in XRP liquidity crunch.

According to Crypto Basic, it will lead to slippage sensitivity. This means that large buy orders could move prices by 5-7% compared to 1% earlier due to thinner order books.

The AI-based tool then delves into the holder’s psychology. It suggests that when people stake their holdings to earn a passive income, they are not bothered by short-term price swings. So, the likelihood of panic selling is minimized significantly.

Regarding the XRP price prediction, Gemini suggests the price could rise to $7.5 and even cites past examples. The $11 price limit could be achieved during a peak XRP liquidity crunch if demand for XRP, particularly for cross-border transfers, remains steady.

Brad Garlinghouse’s statement regarding banks came in response to reports that a consensus on stablecoin rewards and yield between banks and crypto advocates couldn’t be reached before March.

Sander Lutz, Senior Writer at Decrypt Media, posted on X, suggesting that negotiations are at risk of falling apart. Citing a source, he added that banks want Brian Armstrong, CEO of Coinbase, to join the talks.

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The next few weeks remain critical for the passage of the Clarity Act. If the differences are not resolved, the act could be delayed by another couple of weeks until a consensus is reached, especially on whether stablecoin holders can earn interest.

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