Cannery Capital CEO sees Ripple leading RWA tokenization trend

Steven McClurg, CEO of crypto asset management firm Cannery Capital, has stated that Ripple (XRP) is poised to lead the trend in real-world asset (RWA) tokenization. Speaking on a podcast, McClurg noted that while XRP was not a primary personal interest of his in the past, he has observed significant development in the XRP Ledger (XRPL) over the last two years, CryptoBasic reported. He assessed that during this time, XRPL has proven its utility in traditional finance, positioning XRP to become a leading token for the RWA trend. McClurg also predicted that if Bitcoin's rally fails this year, its price could fall to between $60,000 and $70,000. He added that XRP has greater upside potential and could reach as high as $5, even if it rallies independently of Bitcoin.