Recent research indicates that XRP may see significant price increases in the coming years. Specialists' predictions range from optimistic to more conservative estimates.
XRP Price Targets for 2024
Sathvik Vishwanath, CEO of Unocoin Technologies, is particularly optimistic, predicting that the digital asset might surge to $1.5 by the end of 2024. At present, XRP is trading at $0.5882, and this target represents a 155% increase.
Other Experts Weigh In
John Hawkins, a lecturer at the University of Canberra, offers a bearish prediction, expecting the digital asset to fall to $0.3 by the end of 2024. He cites Ripple's legal challenges and potential declines in Bitcoin prices, which could adversely affect XRP and other cryptocurrencies.
Long-Term Projections
Shubham Munde, head of research at Market Research Future, forecasts XRP could reach $6.45 by 2030. He notes that growing adoption by financial institutions and payment services could boost the digital asset. Paul Levy, a lecturer at the University of Brighton, also predicts that XRP could rise to $6.1 by 2030.
Expert predictions on XRP prices vary significantly. While some see potential for growth through Ripple's partnerships and widespread adoption, others caution about legal and market risks. Nonetheless, XRP's future remains a significant topic for discussion and research.
Comments