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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 createdto 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 developedit 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 1 week ago
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 rallieshave breathed life into XRP. Particularly, this rally has seen the value of XRP grow massively since November 2024 and is now the third largest cryptoin 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 $15given 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 2 weeks ago
Such a surge would place XRP ahead of Ethereumin 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 sometimearound 2033. At the time of writing, the altcoin is trading at $3.08. XRP trading at $3 on the 1D chart | Source: XRPUSDT on Tradingview.com Featured image from Adobe Stock, chart from Tradingview.com