XRP holders are closely monitoring new projections suggesting that the token may gradually disappear from major cryptocurrency exchanges by 2030. These insights are based on the statements of Edoardo Farina, founder of Alpha Lions Academy.
Projections on XRP from Edoardo Farina
Edoardo Farina indicated that the availability of XRP on exchanges may significantly shrink by 2030. He predicts a supply shock soon, complicating the use of the token. This was highlighted as XRP’s price has not aligned with other key crypto assets.
Comparison with Bitcoin and Implications
Crypto analyst EgyHash noted that current XRP reserves on exchanges are the lowest since July 2024. Parallels are drawn between XRP's introduction and Bitcoin's early days. Institutional shortages of tokens contributed to Bitcoin's price surge. XRP may behave similarly, particularly as transactions to burn Ripple tokens continue.
Possible Market Changes by 2030
According to predictions from Sistine Research, XRP’s price could rise to between $33 and $50 due to reduced supply and increased demand. Based on Farina’s predictions, trading XRP on exchanges may become considerably harder over the next five years. With declining exchange reserves, the likelihood of XRP exiting public trading platforms appears to grow.
The projections regarding XRP's scarcity create significant interest and concern among investors. By 2030, if these forecasts hold true, this may profoundly alter the cryptocurrency market and XRP's role within it.
