No that news probably won't make ripple $5 but buying ripple now is always good because it is really developing and expanding project. It is good for both short and long term.
It offers absolutely no value to it's investors, they are investing based on false information or misunderstanding, the coins you buy hold no value other than an investment in to a company who then uses another supply for it's clients.
I really don't get it, 100s of real use projects out there and people want to go for a project which they believe banks will use their same coins, buy up billions and increase the price, the banks are buying 0 of the ripple you buy, they are given a private ripple network with a private supply.
This is the only coin I bag out, if you want to invest in an institution coin go for one where they use what we use.
Ripple has absolutely no value to the crypto community, purely driven on hype and bs.
also to speculate growth like $5, this puts it's market cap higher than bitcoin, absolutely dreaming, $2.50 puts it higher in cap than one of the most practical coins out there being Ethereum, it has pumped to $3 before but it will never sustain a cap higher than Ethereums.
If you want to wait around for the next optimistic pump on a 44 billion cap shit coin then go for it, the rest of us will do better on real projects.