Crypto Analyst Predicts XRP Price Could Touch $15 Easily If This Happens
31 Janeiro 2025 - 2:00PM
NEWSBTC
A well-known crypto analyst, Crypto Beast, has made a bold
prediction about XRP future price trajectory, suggesting that it
could reach $15 with ease under specific conditions. This
interesting outlook comes amidst a consolidation of prices, which
is now looking to regain momentum above $3. Banks Adopting XRP
Could Send It To $15 Bitcoin was created to disrupt the traditional
financial industry and compete with the existing global financial
system. While many other early cryptocurrencies like Ethereum and
Litecoin also built upon this premise, XRP took another approach.
Its creators developed it as a solution for fast and efficient
cross-border transactions, aiming to complement the existing
financial infrastructure rather than replace it. Related Reading:
XRP Long Term Potential Remains Extremely Bullish Possibility Of
Price At $20 Despite its intended role in improving financial
transactions, XRP has faced years of price struggles, with long
periods of decline over multiple years overshadowing its utility.
This lackluster growth led many traders to lose faith, with some
dismissing it as a dying asset. Interestingly, despite regulatory
challenges and market downturns, the asset remained one of the
top-ranking cryptocurrencies by market capitalization throughout
this period. However, recent price rallies have breathed life
into XRP. Particularly, this rally has seen the value of XRP grow
massively since November 2024 and is now the third largest crypto
in terms of market cap. This has seen sentiment around the altcoin
shifting into a more optimistic direction, with some crypto
analysts who doubted before now revealing bullish price targets for
its price. One of these analysts is Crypto Beast, who recently
shared a $15 price prediction for XRP. Speaking to his over 560,000
followers on social media platform X, Crypto Beast stated that
XRP’s price could surge to $15 if banks worldwide fully integrate
the token into their systems. Is $15 A Pipe Dream Or A Realistic
Target There is a valid question of whether XRP can realistically
trade at $15 given its tokenomics. As of now, XRP has a total
supply of 99.9 billion tokens, with 57.7 billion coins currently in
circulation. Its market capitalization stands at $177.6 billion,
while its fully diluted valuation is around $307.8 billion. If XRP
were to reach $15, its market cap would need to grow to
approximately $865.5 billion, assuming no significant increase in
circulating supply. This would also push its fully diluted
valuation close to $1.5 trillion. Related Reading: XRP Price
Rallies To ATH At $3.4, Here’s What’s Driving It And Why The Pump
Will Continue Such a surge would place XRP ahead of Ethereum in
market cap rankings and within striking distance of Bitcoin. On the
surface, this might seem like a challenging milestone, but it could
become feasible if the asset gains widespread adoption in
cross-border payments and replaces current methods like SWIFT.
Consequently, the token’s demand will increase significantly,
driving sustained price growth. According to Changelly, the XRP
price can reach the $15 target sometime around 2033. At the time of
writing, the altcoin is trading at $3.08. Featured image from Adobe
Stock, chart from Tradingview.com
Ethereum (COIN:ETHUSD)
Gráfico Histórico do Ativo
De Jan 2025 até Fev 2025
Ethereum (COIN:ETHUSD)
Gráfico Histórico do Ativo
De Fev 2024 até Fev 2025