- Experts forecast XRP may hit $12.25 by 2029 due to ETF approval and RLUSD adoption.
- Still, volatility remains a key risk.
XRP may be poised for major gains over the next decade, with experts predicting it could trade as high as $12.25 by 2029. Standard Chartered’s Geoffrey Kendrick believes XRP could deliver a 310% return from its current price, driven by increased adoption, new financial tools, and regulatory tailwinds.
XRP’s Future Value: Bold Predictions Backed by Strong Catalysts
Kendrick’s forecast places XRP at $12.25 within the next five years. Even more cautious predictions, such as a tripling to $9 over the next decade, still suggest strong upside. At present, It is trading near $3, and its performance has consistently outpaced broader crypto market averages.
One major driver of this optimism is the recent launch of Ripple USD (RLUSD), a stablecoin pegged to the U.S. dollar. RLUSD enhances XRP’s appeal to financial institutions by reducing volatility risks during transactions while still utilizing the XRP blockchain for settlement fees. This stable and predictable tool could attract more banks and payment processors to Ripple’s ecosystem.
Spot XRP ETFs Could Accelerate Investor Access
Pending applications with the U.S. Securities and Exchange Commission (SEC) for spot XRP exchange-traded funds (ETFs) could be game-changers. Spot ETFs would allow investors to buy XRP through traditional brokerage accounts, removing barriers tied to crypto exchanges.
This development mirrors the explosive growth Bitcoin saw after its own spot ETF approval in early 2024. Since then, Bitcoin has surged over 160%. With Paul Atkins now chairing the SEC and pro-crypto legislation like the Genius Act gaining traction, approval for XRP ETFs seems increasingly likely.
XRP as a Cost-Efficient Global Payments Solution
XRP continues to offer a compelling real-world use case: faster, cheaper cross-border payments. Compared to the traditional SWIFT system, Ripple’s blockchain significantly reduces both time and cost, and the new RLUSD stablecoin further enhances its utility by minimizing price volatility during transfers.
A Word of Caution
While the outlook for XRP is strong, investors should be aware that cryptocurrency remains a volatile asset class. Prices can swing sharply, and those unprepared for steep drawdowns may want to avoid heavy exposure.
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