Experts Say XRP’s True Value Could Be $10,000
After some experts began discussing the long-term valuation of digital assets, popular cryptocurrencies have once again attracted the attention of many crypto investors. Famous market analysts believe XRP It could be $10,000 per coin, saying that the concept is not a “crazy” prediction, but a conservative prediction.
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Realistic price
Several crypto analysts believe that a $10,000 valuation forecast is feasible, which they believe can be driven by institutional adoption and its potential role in global finance.
“$10,000 XRP isn’t crazy. It’s conservative,” Rowan Exchange said in a post X.
Crypto analysts show that XRP’s $10,000 target is a number of reasons why it is conservative.
Institutional adoption
According to Rowen Exchange, one of the most powerful arguments that XRP can reach $10,000 is the adoption of tokens. The crypto analyst explained that institutional adoption of tokens has increased exponentially.
$10,000 XRP isn’t crazy. This is conservative. pic.twitter.com/465neehygm
– Rowen Exchange (@rowenexchange) February 11, 2025
Rowen Exchange notes that demand for tokens is expected to soar once large banks, payment processors and governments increase cross-border payment usage of XRP, causing prices to rise.
Crypto experts say XRP supplies 100 billion coins in total. However, Rowen Exchange notes that half of the total supply of tokens is actually circulating in the market due to custodial issuance and long-term holdings.
Analysts believe that once institutions start hoarding tokens for liquidity purposes, it can be predicted that this will lead to supply compression, which may drive prices up.
Rowan exchange added Institutional adoption Unlike retail-driven speculation, it can provide continuous liquidity and quantity, resulting in price increases.
While $10,000 may be a conservative estimate, XRP must grow more than 362,000% to reach that price target from its current price of $2.76, which is the reason for the skepticism is that the token has a long way to go.
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“Extremely impossible”
Meanwhile, a member of the crypto community commented on the post Rowan exchanged, saying the $10,000 price target was “extremely unlikely.”
Crypto investors disagree with the prediction that tokens will need to have 1x market capitalization in order to get XRP to $10,000, which is considered “unrealistic” because the entire cryptocurrency’s market capitalization is about 30,000. $100 million, about $3 trillion. As of 2024, the global economy is about $100 trillion.
However, another crypto analyst believes Market value It has nothing to do with the potential to reach $10,000 in XRP and explains that market cap doesn’t matter because the value of the token is practicality rather than guesswork.
Analysts added that XRP could effectively facilitate large-scale global transactions, claiming that the token was built for the next era of global finance.
Featured images from DALL-E, charts from TradingView
