S&P analysts predict an annualized growth of 73% for XRP over the next 5 years, with a target price of $12.50 by 2028. More aggressive forecasts suggest XRP could rise to $6 (by 2030), which means a 150% increase from the current $2.4.
Main logic:
1. **ETF Effect**: The SEC is expected to approve the spot XRP ETF in November-December, with an anticipated inflow of $5 billion in the first month. In comparison, after the launch of the spot BTC ETF in 2024, BTC rose by 127%, and XRP has a similar opportunity.
2. **Payment Market**: Ripple's CEO stated that XRP is expected to capture 14% of SWIFT's payment share, with the annual flow on the XRP ledger potentially exceeding $20 trillion within 5 years. It sounds exaggerated, but even if only half of it comes true, the demand would be enormous.
3. **Stablecoin Support**: Ripple has launched the RLUSD stablecoin to address the volatility issue of XRP and reduce the risks of cross-border payments.
**But there are pitfalls here**: The trading volume of XRP is expected to decline in 2025, suggesting a lukewarm adoption. Will institutions really use XRP for cross-border payments? Or is it just retail speculation?
Risk warning: Cryptocurrency is highly volatile. XRP has fallen over 20% five times in the past three years and is currently 30% below its historical peak. Only play if you can hold on.
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Can XRP rise to 6 dollars?
S&P analysts predict an annualized growth of 73% for XRP over the next 5 years, with a target price of $12.50 by 2028. More aggressive forecasts suggest XRP could rise to $6 (by 2030), which means a 150% increase from the current $2.4.
Main logic:
1. **ETF Effect**: The SEC is expected to approve the spot XRP ETF in November-December, with an anticipated inflow of $5 billion in the first month. In comparison, after the launch of the spot BTC ETF in 2024, BTC rose by 127%, and XRP has a similar opportunity.
2. **Payment Market**: Ripple's CEO stated that XRP is expected to capture 14% of SWIFT's payment share, with the annual flow on the XRP ledger potentially exceeding $20 trillion within 5 years. It sounds exaggerated, but even if only half of it comes true, the demand would be enormous.
3. **Stablecoin Support**: Ripple has launched the RLUSD stablecoin to address the volatility issue of XRP and reduce the risks of cross-border payments.
**But there are pitfalls here**: The trading volume of XRP is expected to decline in 2025, suggesting a lukewarm adoption. Will institutions really use XRP for cross-border payments? Or is it just retail speculation?
Risk warning: Cryptocurrency is highly volatile. XRP has fallen over 20% five times in the past three years and is currently 30% below its historical peak. Only play if you can hold on.