Chainlink (LINK) $100, XRP $10 Ultra-Bullish Scenario Emerges... "Institutional Adoption is Key"

▲ Chainlink (LINK), XRP (XRP)/AI generated image

Long-term price forecasts suggest that major altcoins, including Chainlink (LINK) and XRP, could break past $100 and $10 respectively in the upcoming bull market.

According to the financial media outlet 24/7 Wall St. on September 28 (local time), market analysts presented long-term price targets for key altcoins that have secured practical utility, such as real-world asset (RWA) tokenization and cross-border payment innovation. The analysis team predicted that as the on-chain transition of global financial infrastructure accelerates, projects that drive institutional adoption beyond mere speculative assets will lead the next bull run.

Chainlink (Chainlink, LINK) is expected to reach $100, solidifying its position as a core oracle network amidst the global trend of tokenizing securities and traditional financial assets. The analysis suggests that a strong fundamental re-evaluation is anticipated due to the rapidly increasing demand for the Cross-Chain Interoperability Protocol (CCIP) through extensive partnerships with global banks and payment networks.

XRP, specialized in cross-border payments, was also identified as a strong asset aiming to break past $10. With regulatory uncertainties within the institutional framework gradually resolving, Ripple's introduction of the stablecoin RLUSD and the expansion of its global remittance network were cited as key catalysts to absorb supply and drive value appreciation.

Experts assessed that large utility-based altcoins would demonstrate high upside potential in an environment where Bitcoin (Bitcoin, BTC) forms a stable price range and institutional funds flow in. However, they advised a cautious approach, checking long-term adoption indicators, as short-term risks due to macroeconomic volatility and regulatory changes persist.

[Key Article Summary]

-24/7 Wall St. forecasts Chainlink at $100 and XRP at $10, driven by institutional adoption and utility expansion.

-Chainlink is expected to gain upward momentum from RWA tokenization and increased CCIP demand, while XRP will benefit from the expansion of cross-border payment networks and the introduction of RLUSD.

-A differentiated market, centered on large altcoins that have proven their technological capabilities, is expected, driven by the inflow of institutional funds and an improving regulatory environment.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*