Predictions about the price of XRP vary from bearish to bullish. Based on an analysis from Gemini, we explore different scenarios for price changes.
Bearish Scenario for XRP
According to the most pessimistic forecasts, the price of XRP could drop to $0.13, which constitutes a 94% decrease from its current price of $2.18. The main reasons for such a scenario include limited adoption, regulatory challenges, and increasing competition.
Base Case Forecast from Gemini
According to the base case scenario, Gemini estimates XRP's price to range between $5.10 and $6.28. This anticipated growth is linked to continued adoption of XRP in cross-border payments, potentially resulting in a 134% to 188% increase.
Optimistic Expectations by 2030
In the most optimistic scenario, Gemini forecasts that XRP may surge to between $12.68 and $29.32 by 2030. Factors contributing to such growth include institutional investments, approval of XRP ETFs, and its utility in tokenization and payments.
The analysis of various scenarios shows that XRP may either significantly decline or increase in value. The prerequisites for growth will depend on factors of cryptocurrency adoption and regulatory decisions.
