Will Cryptocurrencies Become the Normal in the Future?

Will Cryptocurrencies Become the Normal in the Future?

Will Cryptocurrencies Become the Normal in the Future?

Are you wondering if Bitcoin or another cryptocurrency will become the norm? This article will answer your questions about Bitcoin, Litecoin, Ripple, and Stablecoins. There are several reasons why these new digital currencies may become the norm, and this article will discuss how you can get started with them. It’s worth taking a moment to read these articles and make an informed decision.


Although this statement may not convince some people, cryptocurrencies are becoming more popular and widely accepted. The market cap of cryptocurrencies is projected to reach $1-2 trillion in 2018, and cryptocurrency technology has numerous applications. In addition to its use in cryptocurrency exchanges, it can be used as a means of payment for goods and services. There are currently over 7,800 merchants that accept bitcoin as a payment method.

Regardless of the future of the cryptocurrency industry, several factors influence Bitcoin’s price. For one, cryptocurrencies are notorious for experiencing extreme price swings. The cost of Bitcoin in May 2021 plummeted by 30%, only to recover later to reach a low of 12%. This giant price swing is one factor that makes cryptocurrencies unattractive as a payment method. In addition to their high cost, they also take time to validate transactions and may not be convenient for most users.

As the value of cryptocurrencies continues to rise, some experts think that Bitcoin will become the standard currency in the future. While this isn’t a certainty, there is no doubt that the future of cryptocurrencies is uncertain. Still, the current popularity of Bitcoin has inspired the creation of several alternative cryptocurrencies, including Ethereum, Litecoin, and Ripple. In addition to Bitcoin, hundreds of other cryptocurrencies are increasingly held as investments. 


Wall Street is a massive investor in cryptocurrencies, and its traders know something about investing. They also know what to watch for and which cryptocurrencies to invest in. According to Kelly, the head of BK Capital Management, LLC, a cryptocurrency investment firm, Litecoin will likely reach a price of $87-$107 over the next 12 months and may rise to $347.8 by the year 2024.

Litecoin is a digital currency with considerable fluctuations and many challenging phases. Many analysts believe that it will hit $10,000 before it becomes profitable in the long run. The low price prediction is because inflation is rising in the United States, and investors are looking for hedges. However, there are some downside risks to the price of Litecoin, and a bearish reversal pattern could emerge if the market continues to experience low volatility and regulation.

One of the biggest threats to Litecoin’s future is the introduction of a privacy feature. Many governments view private cryptocurrencies as money laundering and terrorism finance facilitators. Because of these concerns, leading crypto exchanges in South Korea have signaled to delist Litecoin. Litecoin has undergone a recent MWEB upgrade and has relevant news, price action, on-chain data, and predictions for the future.


The underlying premise of a stablecoin is that it offers the same level of confidence as commercial bank money. If users can safely substitute one form of money for another, they can make transactions. The need for a secure regulatory environment will facilitate continued innovation, but it is not yet clear whether the future of digital money depends on the emergence of stablecoins. To begin with, the Financial Policy Committee has stated its expectations.

The creation of stablecoins reinforces a general trend towards shifting financial transactions. Banks have been aiding this trend by creating shadow banks independent of conventional institutions. Meanwhile, many financial institutions have expanded their activities into asset management, brokerage, and investment. With stablecoins, these traditional institutions will be less affected by the global financial crisis. Instead of becoming the norm, they will compete with it for the market.

A new prudential regulatory framework is required for digital currencies in the United States. Congress is actively developing legislation to create such legislation. In December, Senator Patrick Toomey outlined principles for such legislation, and Representative Josh Gottheimer released a discussion draft in January. Both bills were shaped by a report from the President’s Working Group on Financial Markets. The report cites the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation’s information.


In the future, many experts believe that Ripple will replace traditional payment methods like SWIFT, which is notorious for its slow speed and high fees. Ripple’s xRapid technology is a promising replacement for SWIFT, and banks are currently testing it to speed up payments. It also could disrupt traditional payment brands like MoneyGram, which Ripple once owned. But before Ripple becomes a mainstream currency, it must be considered how its technology will help financial institutions.

The SEC lawsuit against Ripple has created a lot of uncertainty, but Ripple has taken steps to minimize it. Its transaction confirmation times are extremely fast, typically four to five seconds. By contrast, banks may take days to complete a wire transfer. Bitcoin transactions can take minutes to verify. In addition, the Ripple transaction fee is minimal, a mere 0.00001 XRP at current rates.

The SEC lawsuit also threatened Ripple’s future. It’s also worth noting that Ripple is very volatile. The price of XRP jumped over 140% in a matter of days in September. This surge came after Ripple CEO Sagar Sarbhai stated that the company’s platform would help banks speed up transactions. As more banks begin to accept Ripple, the price could rise.

Read More: What is XRP Crypto Price Prediction 2022, 2025 & 2030?

Stellar Lumens

Stellar Lumens launched a decentralized peer-to-peer blockchain and digital currency in 2014 and are among the top 20 cryptocurrencies by market cap as of September 2020. Designed to be user-friendly, Stellar Lumens were created to make financial services accessible to everyone, even those without access to computers. In addition to making transactions more convenient, this decentralized currency has also improved transparency and security.

Despite its recent success, Stellar Lumens prices are still lagging. While the cost of Stellar Lumens is a long way from its all-time high of $8, the cryptocurrency has a subdued decade ahead of it. It will trade between $0.030 and $0.020 by the end of 2022. In 2023 and 2024, it will sell at around $0.030 and then drop to $0.070 by 2027.

As a crypto asset, Stellar is currently a desirable investment. Despite its low price, Stellar is expected to surpass PayPal by 2030. This means that Stellar will become the standard digital currency for regular payments. It will stabilize at its minimum price of $1.96 but will see a bullish push to $3.47. By 2026, it will close at $2.88.

The price of Stellar Lumens has seen several ups and downs in recent months. XLM initially reached an all-time high of $0.01 in January 2018 and has since fallen rapidly, reaching a low of $0.16 in August. However, it has since bounced back and has traded sideways from that high to $0.0018 in November. By the end of April, Stellar Lumens (XLM) is trading between $0.12 to $0.0038.


XRP has been battling the SEC, and a large amount of hype and controversy has resulted in a bullish crypto market. Ripple was granted access to internal documents from the SEC and is now an official coin contributing to a colossal price surge. Analysts at wallet investment firms believe that Ripple will eventually reach a $1 price. However, there is a chance that the price will remain lower than $1.00, and the coin might fail to reach the $2.00 price mark by 2022. Despite the rocky start to the XRP price, the coin is still expected to reach $1.43 and may find some support at $0.69.

While XRP will never overtake Bitcoin, it has some hope of becoming the standard for international money transfers. Its size and price make it affordable for mass adoption and informational use. However, outsiders might be skeptical. But with the rise of cryptos, XRP may be the next big thing. So why wait? There are several reasons why XRP is set to become the standard cryptocurrency in the future.

XRP prices fluctuate yearly, but analysts believe that a bullish run in 2020 could be the catalyst for a bullish price spike. The coin’s value climbed to $0.8 by the end of the year but dropped back to $0.66. Many investors are betting that the price of XRP will top $2.00 by 2026, and it may even hit $1.22 by 2029.

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