Potential for XRP to Soar – Delving into the Arguments Advocating a $10,000 Value
In the world of cryptocurrency, predictions about future prices often spark lively debates. One such prediction that has been circulating since at least 2018 is the $10,000 price target for XRP. However, a closer look at the facts suggests that this figure may be an unlikely scenario in the foreseeable future.
The prediction is based on speculative calculations involving the total value of global cross-border transactions, XRP's potential as a global liquidity bridge, and a full replacement of SWIFT infrastructure. It's important to note that the global cross-border transaction volume is approximately $150 trillion annually.
While XRP is still recovering market confidence post-SEC lawsuit, some proponents argue that if XRP were to handle the entire international payment volume, it would need to be priced at a drastically higher level to support liquidity, resulting in the $10,000 projection.
However, the math behind this prediction hinges on multiple unlikely assumptions. These include complete global adoption of RippleNet, elimination of competing systems like SWIFT, FedNow, or Central Bank Digital Currencies (CBDCs), and the assumption that most coins would be locked or illiquid, leaving the circulating XRP supply to absorb a massive daily liquidity flow.
More grounded price predictions for XRP in 2025-2026 do not include a $10,000 price target. Laura Cheng, lead crypto strategist at our platform Research, suggests a more realistic range: $5-$10 during a full bull run.
It's also worth mentioning that a significant portion of the XRP supply is held or controlled by Ripple-affiliated wallets. This factor could potentially influence the price dynamics of XRP in the market.
The origin of the claim that XRP could reach $10,000 is not clearly documented, and no credible or authoritative source explicitly states or confirms this valuation prediction for XRP. While it's great to be optimistic, it's crucial to ground ourselves in adoption data, not 'hopium'.
In conclusion, while it's fascinating to ponder the possibilities of such high price targets, it's essential to approach such predictions with a grain of salt. For now, a more realistic outlook for XRP seems to be within the $5-$10 range during a full bull run.
