Crypto analyst Zach Rector discusses the long-term growth potential of XRP, claiming it could reach $100 under certain conditions.
What Needs to Happen for XRP's Growth?
Rector highlights three key factors necessary for significant growth in any cryptocurrency:
1. ETF approval to simplify institutional investment. 2. Companies adding the asset to their balance sheets. 3. Widespread institutional adoption.
He points out that Bitcoin and Ethereum already meet these criteria, positioning XRP next in line.
Impact of ETFs on the Market
Rector emphasizes that XRP has long been held back due to the lack of an ETF. He suggests that ETF approval could unlock a "super cycle" for XRP, allowing new money to flow in from institutions and corporate treasuries.
Opportunities and Price Predictions for XRP
Rector analyzed market data and noted that small inflows, as little as tens of millions of dollars, could dramatically increase XRP's market capitalization.
"XRP's market cap grows much faster than the actual money flowing in," he explained.
If XRP were to ever hit $100, with a circulating supply of about 60 billion tokens, the market cap would be close to $6 trillion. However, Rector estimates that $100-300 billion in net inflows could be sufficient to reach this level over time.
Zach Rector does not expect XRP to hit $100 overnight, but believes that steady inflows, legal clarity, and institutional adoption make this objective feasible.
