XRP Price Prediction: CEO Foresees Potential Rally to $10-$25
In a recent interview, Jake Claver, CEO of Digital Ascension Group, presented a bullish outlook for XRP, projecting potential price targets significantly above its current trading level. He cited a combination of policy changes and market dynamics as potential catalysts for this surge.
Bold Price Targets for XRP
Claver suggested that XRP could reach $10 to $13 in the near term and even $20 to $25 by year-end under favorable conditions. These predictions are significantly higher than XRP's current price.
He attributed the $10-$13 scenario primarily to the potential approval of an XRP exchange-traded fund (ETF), expressing a high degree of confidence (around 90%) in its likelihood. He stated that ETFs act like a gateway for institutional cash into crypto assets.
Furthermore, Claver believes that anticipated interest rate cuts by the Federal Reserve could contribute to a broader market rally, driving funds into riskier assets like cryptocurrencies. Market participants have priced in a high probability of a rate cut.
Impact of Interest Rates and Market Flows
Many analysts believe that a Federal Reserve rate cut could stimulate rallies across the entire crypto market. Some forecasts predict a rise in Bitcoin to $150,000 and Ethereum potentially climbing to $10,000. Claver argues that positive movement in major coins will positively affect XRP.
Dormancy and Liquidity Signals
Data from Xaif Crypto indicates that over 80% of XRP's total supply has remained dormant in wallets for more than a year. This indicates that many holders are holding long-term positions. When a substantial portion of the supply is inactive, liquidity decreases, and price volatility increases as demand rises.
Just listen, maxis talking… 🤯$XRP gonna EXPLODE in the next few years 🚀 Because!! It offers REAL utility 💎 pic.twitter.com/EKlQpZM11f
XRP's Utility Case and Regional Interest
Claver emphasized XRP's practical application in payments, particularly its use in cross-border transfers. He highlighted Southeast Asia as a region with strong adoption, noting that real-world utility makes XRP more attractive to institutions than tokens based solely on trends. The fast, inexpensive transfers make it more appealing.
He argued that XRP’s utility, especially faster and cheaper cross-border transfers, makes it more appealing to institutions compared to trend-driven tokens. Those who see this are considered loyal and add stability to the market.
