$10,000 XRP Theory: Factors Analyst Shares Scenarios That Could Drive Growth

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XRP’s current price has been highlighted bya range of around $2.5 in the past three days. However, this low price hasn’t stoppedthe idea of an extravagant XRP price from being in the hearts of XRP bull traders and enthusiasts. Against this backdrop of growing confidence, a bold theory suggesting that XRP could surge to $10,000 has come up from a crypto analyst. This extravagant price point is much higher than most predictions based on technical analysis.Notably, this analyst leaned on XRP fundamentals with XRP to show a scenario where its price reaches this point. Analyst Predicts XRP Could Hit $10,000 Between 2027 And 2030

The theory, introduced by a crypto analyst named Remi Relief on the social media platform X, centers on a long-term vision of XRP reaching $10,000 due to widespread adoption in financial institutions and complete activation of its utility features. Related Reading Analyst Says These Factors Will Drive XRP Price To $1,000, But What Does Market Cap Say? 1 week ago

In a post dated May 12, the analyst predicted thatthis massive XRP price point of $10,000 could materialize between 2027 and 2030. He clarified that the prediction wasn’t dependent on sudden events or institutional price setting but on the natural outcome of XRP functioning at its full potential in global financial systems. However, he also stated that such a price point could manifest as early as 2026.

Building on the original post, the analys t has recently expandedon a more detailed vision of a $10,000 XRP. He claimed the existence of two separate XRP ledgers: one for the retail market and another accessible only to around 1,700 institutions and private entities operating under NDAs. According to him, these private participants could already be running tests with drastically different price levels, possibly including the $10,000 mark. He linked this development to recent progress in CBDC trials, especially in France. Source: Remi Relief on X

The analyst also referred to a report discussing the efficiency and performance of various digital currency and payment platforms in terms of Transactions Per Second (TPS) back in 2022. The report focused on CBDC (Central Bank Digital Currency) test networks. According to the report, the Ripple Private Ledger had a TPS of 1,500 in 2022 during tests for the digital Euro. Although Ripple is not yet at the operational scale of AliPay or the Hamilton Project, future projections of the blockchain’s TPS are still unknown. The Possibility Of A $10,000 Basement Price For The Altcoin

The crypto analyst’s theory is based on a future where XRP underpins major financial operations at fixed high values across private networks. The most provocative elementof the theory involves Ripple potentially setting a basement price for XRP at $10,000, which would never be breached. Related Reading XRP Price At $10-$20 Only The Beginning, It’s Headed For $1,000 – Analyst Reveals 2 days ago

In this scenario, if the price ever threatened to fall below that mark, decentralized technologies like Chainlink oracles and IOTA-based AI mechanisms would intervene to stabilize it through automatic trading. 

At the time of writing, XRP is trading at $2.40, down by 2.2% in the past 24 hours. XRP trading at $2.41 on the 1D chart | Source: XRPUSDT on Tradingview.com Featured image from Getty Images, chart from Tradingview.com