With increasing interest in the XRP token, the investment community wonders about its potential value by 2026.
Current XRP Value and Predictions
At the time the video was recorded, the price of XRP was approximately $2.95 with a market cap of about $185 billion. Thus, 5,775 XRP tokens were valued at $17,036. The analyst outlined various future price scenarios, where doubling to $5.90 would increase the token value to $34,072, and achieving the $10 mark would bring it to around $57,750. If XRP reaches $20, the value of those tokens could be $115,500.
Reasons for Possible Price Increase of XRP
The ongoing legal battle between Ripple and the SEC has influenced the token's price. In 2023, the court ruled that XRP is not a security when traded on public exchanges, allowing Ripple to regain trading on major exchanges like Coinbase and Kraken. The Ripple On-Demand Liquidity (ODL) product is also actively utilized for transactions worldwide. Additionally, Ripple may play a significant role in the central bank digital currency space.
Utility and Tokenomics of XRP by 2026
From a tokenomics perspective, XRP has a fixed supply of 100 billion tokens, and a small amount of XRP is burned with each transaction. This could limit the token supply over time. Predictions for 2026 suggest that in a conservative scenario, with XRP climbing to $5, the value of 5,775 tokens would be $28,875, while reaching $20 could push their worth to over $115,000.
In conclusion, despite uncertainties, XRP has growth potential by 2026 due to its utility and evolving tokenomics. Achievements and advancements by Ripple could significantly increase the value of 5,775 tokens.
