Cross-border payments are being revolutionized with the emergence of XRP, as demonstrated in the SAMA test.

Ripple technology is making waves in the traditional financial sector, with XRP, its native cryptocurrency, gaining significance. The digital asset could consolidate in the $2.50-$2.85 range, potentially signalling accumulation.

Saudi banks stand to save $200-$400 million annually by making expensive intermediaries like SWIFT obsolete, thanks to Ripple's technology. This shift towards blockchain-based payments is not limited to Saudi Arabia; it's part of a larger globalization process, with collaborations with central banks, including the Bank of England, driving this change.

The collaboration with central banks is not the only factor contributing to XRP's potential growth. Institutional demand, further ETF filings, and a high correlation with Ethereum's recent all-time highs are also influencing AI-driven forecasts. One such prediction, by Chinese AI DeepSeek, suggests that XRP could significantly rise by the end of 2025.

However, it's crucial to approach AI-driven forecasts with caution. They can influence retail investors' sentiment, and the path to a breakout over $3 USD for XRP remains more theoretical in the short term. The Relative Strength Index (RSI) for XRP is currently at 44, signalling slight bearishness.

In recent weeks, XRP has experienced strong price surges of over 40%, reflecting growing demand and institutional involvement. The cryptocurrency exchange Kraken has received a deposit of $700 million in XRP, and major banks and fintech firms collaborating with Ripple for cross-border payments are potential institutional investors. Additionally, Canary Capital has filed an updated S-1 with the SEC for an XRP spot ETF to be traded on the Cboe BZX Exchange, indicating institutional buying interest and steps towards mainstream US market adoption.

Support at the 2.50 USD level could increase XRP's trading volume and potentially lead to a breakout towards 3 USD or higher. However, short-term sales to fill positions could push XRP back to the 200-day EMA around $2.50. Buyers need to gain more confidence for the path to 5 USD to become more realistic in the short term.

Large XRP transfers are often interpreted as accumulation signals from institutional investors or "whales." However, market exhaustion and structural weakness, as indicated by the RSI at 44, could potentially disrupt this trend.

XRP-based technologies are at the forefront of financial innovation. The Saudi Arabian Central Bank piloted Ripple's xCurrent technology for real-time international payments in 2018, and the integration was active in Saudi banks' infrastructure in 2019, indicating a planned shift to blockchain-based payment paths.

In conclusion, while the path to a breakout over $3 USD for XRP remains theoretical in the short term, the digital asset is gaining significant attention in the traditional financial sector. Institutional demand, AI-driven forecasts, and collaborations with central banks are driving its potential growth. However, investors should approach this market with caution, considering the RSI's bearish signal and the potential for short-term market fluctuations.

Cross-border payments are being revolutionized with the emergence of XRP, as demonstrated in the SAMA test.