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Forget $1—Expert Says XRP’s True Value Could Be $10,000 And It’s ‘Not Crazy’

NewsBTC LogoNewsBTC1d ago

Forget $1—Expert Says XRP’s True Value Could Be $10,000 And It’s ‘Not Crazy’ - NewsBTC

Quick Summary:

The crypto analyst explained that the token has experienced exponential growth in its institutional adoption.$10,000 XRP isn’t crazy.It’s conservative.pic.twitter.com/465NEEhYGm — Rowen Exchange (@RowenExchange) February 11, 2025 Rowen Exchange pointed out that once major banks, payment processors, and governments increase their usage of XRP for cross-border payments, the demand for the tokens is expected to soar leading to a price surge.

Highly Unlikely’ Meanwhile, a crypto community member commented on Rowen Exchange’s post saying that the $10,000 price target is "highly unlikely.” The crypto investor disagrees with the prediction arguing that in order for XRP to reach $10,000, the token would need to have a market cap of $1 quadrillion, arguing that it is "unrealistic” since the market cap of the entire cryptocurrency is about $3 trillion, as of 2024 while the global economy has around $100 trillion.

Related Reading: Solana Faces Double Trouble: 55% Network Drop And Price Woes Realistic Price Several crypto analysts argued that a valuation forecast of $10,000 is feasible which they believe could be fueled by institutional adoption and its potential role in global finance.


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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-21 @ 14:00:15 (1 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 470 words

Reading Time: 3 minutes read

Sentences: 67 lines

Sentence Length: 8 words per sentence (average)

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Copyright Owner: © NewsBTC

News ID: 26319105

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Official Website: newsbtc.com

Update Frequency: 11 posts per day

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News Last Updated: 9 hours ago

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