The question of how high the XRP price could go has become a hot topic in crypto circles. Experts have discussed the potential rise based on Bitcoin's capitalization.
Current XRP Price Analysis
Currently, the XRP price is $2.20, and its market capitalization is around $130 billion. With XRP being the fourth-largest cryptocurrency, if it reaches a market cap of $2.1 trillion, the token price could rise to $35.60, indicating an increase of over 1,520% from its current price.
Realism of Predictions
While the figures are appealing, many in the crypto community question whether Ripple can reach such a high price. So far, only Bitcoin has maintained a trillion-dollar valuation consistently. However, XRP supporters point out advantages like lower fees and faster transactions that could give Ripple a competitive edge over Ethereum.
Long-Term Outlook for XRP
Major firms' analysis offers a more measured outlook. For example, Bitwise predicts XRP could reach $30 by 2030, while Changelly suggests a $35 level by 2032. These predictions assume the market will achieve clearer regulatory conditions.
Despite varying opinions on XRP's potential price growth, experts point to the token's potential. However, skeptics remain, citing high barriers to achieving such goals.
