New York — Venture capitalist Tim Draper has renewed his bullish forecast for Bitcoin, saying the asset could quadruple in value by 2028, as broader digital asset adoption continues to accelerate. At the same time, Ripple’s RLUSD stablecoin has reached a market capitalization of $1.55 billion as of February 20, reflecting growing institutional and protocol-level interest.
The developments were highlighted by the verified X account associated with BSCN and later cited by hokanews, underscoring simultaneous momentum across both Bitcoin’s long-term price narrative and Ripple’s expanding stablecoin footprint.
| Source: XPost |
Draper, a longtime Bitcoin advocate, has consistently projected substantial appreciation for the cryptocurrency. His latest forecast suggests that by 2028, Bitcoin could trade at levels approximately four times higher than current prices.
While Draper did not specify an exact target price in his most recent remarks, a fourfold increase would represent a dramatic expansion in market capitalization and institutional participation.
Draper has historically framed Bitcoin as a transformative financial technology capable of reshaping global monetary systems. He has pointed to increasing adoption, limited supply and expanding infrastructure as key drivers of long-term appreciation.
Bitcoin’s supply cap of 21 million coins continues to be a central pillar of bullish arguments. Supporters argue that as demand grows among institutional investors, corporations and sovereign entities, limited supply may amplify upward price pressure.
The introduction of spot exchange traded funds has broadened access for traditional investors. These vehicles allow capital inflows from retirement accounts, advisory portfolios and institutional funds.
Draper’s projection aligns with the thesis that institutional integration remains in its early stages.
While Bitcoin’s long-term price outlook captures headlines, stablecoin growth signals structural adoption within digital asset ecosystems.
Ripple’s RLUSD stablecoin has reached a market capitalization of $1.55 billion, according to figures highlighted by BSCN and cited by hokanews. The stablecoin’s market cap has increased by approximately $215 million since the beginning of the year.
Stablecoins are designed to maintain a fixed value, typically pegged to the U.S. dollar. They serve as settlement instruments within crypto markets and increasingly facilitate cross-border payments and decentralized finance applications.
RLUSD’s expansion suggests accelerating adoption by major protocols and institutional participants.
Stablecoins play a critical role in liquidity provision across decentralized exchanges and payment platforms. Growth in market cap often indicates increased transactional usage rather than speculative appreciation.
Ripple has positioned RLUSD as part of its broader digital payments strategy, integrating it within blockchain-based financial infrastructure.
The stablecoin sector has evolved significantly in recent years. Market leaders have established themselves as foundational liquidity instruments within crypto markets.
RLUSD’s growth to $1.55 billion positions it among emerging players seeking to capture institutional demand.
Regulatory clarity surrounding stablecoins remains a focal point for policymakers. Enhanced oversight frameworks may influence adoption trajectories.
The simultaneous bullish forecast for Bitcoin and the rapid expansion of RLUSD illustrate two complementary dynamics within the digital asset ecosystem.
Bitcoin’s appeal as a scarce, long-term store of value contrasts with stablecoins’ role as transactional liquidity instruments.
Together, they represent different layers of blockchain-based financial architecture.
Digital asset adoption continues against a backdrop of evolving monetary policy and regulatory developments.
Interest rate expectations, inflation trends and global liquidity conditions influence capital flows into both volatile cryptocurrencies and stable digital payment instruments.
Institutional confidence often depends on regulatory clarity and custodial infrastructure.
Reporting Context
The information regarding Draper’s Bitcoin projection and RLUSD’s market cap growth was initially highlighted by the verified X account associated with BSCN and later cited by hokanews.
The figures underscore measurable expansion within the digital asset sector.
Tim Draper’s assertion that Bitcoin could quadruple by 2028 reflects enduring optimism among long-term crypto advocates.
At the same time, Ripple’s RLUSD stablecoin reaching a $1.55 billion market capitalization demonstrates growing demand for blockchain-based payment instruments.
As digital asset infrastructure matures, both store-of-value narratives and transactional stablecoin ecosystems appear poised for continued evolution.
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Writer @Ethan
Ethan Collins is a passionate crypto journalist and blockchain enthusiast, always on the hunt for the latest trends shaking up the digital finance world. With a knack for turning complex blockchain developments into engaging, easy-to-understand stories, he keeps readers ahead of the curve in the fast-paced crypto universe. Whether it’s Bitcoin, Ethereum, or emerging altcoins, Ethan dives deep into the markets to uncover insights, rumors, and opportunities that matter to crypto fans everywhere.
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