The Cryptocurrency community is Abuz with anticipation about the future price of the XRP. A market analyst, Egrag Crypto, estimates that the XRP will experience a significant increase in the price with a potential 70% increase.
If these estimates are accurate, then XRP Market capitalization In the near future, it can reach $ 300 billion, which can cost its price between $ 5 and $ 6. Nevertheless, a source of potential real enthusiasm for the future is. If the XRP sticks to the pattern of previous market cycles, the market capitalization of tokens may increase to $ 1 trillion, resulting in an estimated price $ 20 per coin.
Ride on the success of previous cycles
XRP has shown endurance over time, even though the crypto industry is considered uncertain. Its potential growth is usually associated with previous market cycles, with a significant price increase in similar trends.
#XRP – Market cap (first $ 300B – $ 1.1 t):
Scenario 1:
If we look at the measured trick of the channel, #XRPThe market cap may potentially grow up to a shocking $ 4 trillion!
While this is possible, it is difficult to predict such a step time. if this happens, #XRPprice… pic.twitter.com/vfrzrbokv4
– Egrag Crypto (@Egragcrypto) 1 February, 2025
With the current positive attitude in the Cryptocurrency market, it is possible that XRP can also see a similar increase. Analysts say XRP’s promise comes from its main use in decentralized finance and international payment.
Prediction of $ 70: Is it realistic?
Although some $ 70 may consider the estimate of unrealistic, it is not only based on wishful thinking. The ability to adopt more institutions and clarify clear rules, which experts see as a broad market trend, are the major factors running this growth.
Obstacles in the way
Nevertheless, XRP’s journey presents many difficulties. Legal conflicts, like the current SEC case, have always created a lot of ambiguity. Such elements can affect the price of XRP and obstruct any possible growth.
XRP price action
In the last 24 hours, The XRP has fallen 20% to $ 2.31. The open interest has fallen by 5.50% to $ 6 billion, suggests to close some positions. Meanwhile, the option volume has fallen by 63%, indicating a decline in speculation. Conversely, options open interest increased by 26% to $ 1.60 million, indicating renewed confidence among long -term traders.
$ 20 and beyond travel
Egrag Crypto predicts that XRP will grow significantly, possibly reaching the market value of $ 300 billion or even $ 1 trillion. Despite some legal issues, the strong foundations of the XRP and increasing attention from institutions show that its price may increase considerably, possibly reaching $ 20 or even $ 70.
Specially displayed image from Dall-E, chart from tradingview
