Ripple (XRP) Price Prediction: Will XRP Hit $10?

There is no doubt that the buzz around crypto is huge in recent crypto landscape. This is mainly attributed to the big bull run that came following the U.S. elections and expectations of more favorable crypto regulations once Trump takes over the control.

After hitting a new ATH of nearly $100K on November 22, Bitcoin (BTC) currently crashed to below $94K as of writing. Unlike Bitcoin, Ripple (XRP), one of the leading payment cryptocurrencies and among the top 10 cryptocurrencies by market capitalization, shows its strong recovery in 2024 following Ripple’s partial legal victory against the SEC earlier this year.

This article will dive in Ripple (XRP) rrice prediction from 2024 to 2050, analyzing whether XRP can hit $10 amid current bull run.

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Table of Contents

What is XRP?

XRP Tokenomics

XRP Price History

Ripple (XRP) Price Prediction

Can XRP Hit $10?

How to Buy XRP?

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What is XRP?

Cryptocurrency	XRP
Token	XRP
Price	$ 1.4703 4.95%
Rank	6
Market Cap	$ 83.7B
24H Trading Volume	$ 12.8B
All-time High	$ 3.9179
All-time Low	$ 0.0000
24 High	$ 0.0000
24 Low	$ 0.0000
Cycle High	$ 0.0000 /
Cycle Low	$ 0.0000 /
Update Time	2024-11-28 00:56:01

XRP serves as the native token of the XRP Ledger, a platform created by the founder of Ripple Labs Inc. Its primary objective is to facilitate the fast and efficient transfer of funds between different currencies across geographical and regulatory borders.

In 2022, an astonishing $150 trillion was transferred through cross−border transactions, with $2.2 trillion incurred in transactional fees. Moreover, the majority of these transactions required a settlement period spanning 2 to 5 days before funds were credited to the recipient’s bank account. These statistics are particularly remarkable given our present-day emphasis on efficiency and cost-effectiveness in a predominantly digital global economy.

The XRP cryptocurrency, alongside its underlying ledger, is specifically designed to change this and enable low cost ($0.000005 at the time of writing) and near-immediate settlement (3–5 seconds) for cross-border payments and transactions—specifically those between two different currencies.

The XRP Ledger achieves this seamless transfer by utilizing XRP as an intermediary currency between the two ends of a transaction. One currency is converted to XRP, which is then swapped into the other currency at the opposite end—all within a span of less than 5 seconds. Furthermore, the XRP Ledger is designed to meet the demands of today’s digital society, with the capacity to handle up to 1,500 transactions per second.

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XRP Tokenomics

The total supply of XRP is capped at 100 billion, which was pre-mined at the inception of the XRP Ledger and distributed as follows:

20% (20 Billion XRP Tokens) were distributed to the creators and core team.

80% (80 Billion XRP Tokens) were gifted to Ripple Labs.

Understandably, this has sparked extensive concern, debate, and discourse within the crypto-community and beyond. Ripple has employed smart contracts on the XRP Ledger to lock away 55 billion of its total 80 billion tokens in escrow. These tokens are gradually released over a period of 55 months, at a rate of 1 billion tokens per month.

The final token release is currently scheduled for April 2027. However, it is widely anticipated that this date may change, as Ripple consistently re-escrows a significant portion of the released tokens to maintain control over the market supply of XRP and potentially mitigate substantial price declines.

Intriguingly, Brad Garlinghouse, Ripple’s CEO, acknowledged in an interview with the Financial Times that the company’s profitability would be compromised without the sale of XRP tokens.

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XRP Price History

The XRP Ledger was introduced in 2012, with CoinMarketCap beginning to track data for the XRP token from August 4th, 2013. At that time, the price of XRP tokens was $0.005875, which was less than a penny.

Since its inception, XRP token has witnessed many ups and downs.

From October 2024 to the present, XRP has undergone a notable resurgence, driven by both market dynamics and political developments.

The proposed launch of XRP ETFs by Canary Capital, Grayscale, and 21Shares generated considerable anticipation, indicating a growing institutional interest and acceptance for the asset. However, the price didn’t surge immediately following the ETF proposals, as the SEC appealed a court ruling that had previously favored Ripple, leaving many investors cautious and concerned about regulatory uncertainty.

This cautiousness persisted until the U.S. presidential elections, which ushered in a Republican administration with a pro-crypto stance. This political shift restored market confidence, hinting at a potential path towards regulatory clarity and broader blockchain adoption. As Rippleflourished, XRP embarked on a rally, eventually surpassing the crucial $1 resistance level for the first time in several years. The confluence of ETF proposals, a favorable political landscape, and diminishing regulatory concerns propelled XRP into a new phase of growth, reaffirming its status as a pivotal player in the evolving crypto market.

As of writing this article, XRP is traded at $ 1.4703, boasting a market cap of $ 83.7B, and witnessing a hefty 24-hour trading volume of $ 12.8B. XRP saw a 24-hour price change of 4.95%, with minor fluctuations of -0.60% in the past hour.

XRP Price

Ripple (XRP) Price Prediction

Ripple (XRP) Price Prediction 2024

The year 2024 marks a thrilling period for XRP, as its legal woes seem to have finally subsided.  After a four-year legal battle, the court case has reached its conclusion, ordering Ripple Labs to pay 125 million–a far lower sum than the $2 billion that the SEC wanted. Importantly, the court declared that XRP is not a security, which, along with the dropped charges against Ripple CEO Brad Garlinghouse and co-founder Chris Larsen, shifted the sentiment towards XRP to optimistic.

With the fading legal challenges, the April Bitcoin halving, approvals for BTC and ETH spot ETFs, and the potential rollout of an XRP ETF, the industry is poised to attract attention and potentially capital inflows into the markets. As XRP holds a steadfast position in top 10 among all cryptocurrencies, any influx of investors into the market could positively influence its price.

When considering price predictions for 2024, it is imperative to assess the current market’s impact on the XRP price. While its price action was initially notably subdued as Bitcoin has started its price correction cycle and the Meme coin market took the spotlight, XRP managed to surge past the $1 threshold for the first time since December 2021. This breakthrough was fueled by Bitcoin’s parabolic surge, XRP’s significant legal victories, and the U.S. presidential elections.

Following Donald Trump’s victory in the U.S. presidential election, XRP cryptocurrency struggled to maintain the $0.57 level, but then soaring toward its previous highs amid Bitcoin reaching a new $99,000 all-time high.

For Ripple (XRP) price prediction for 2024, based on current market conditions, the bullish Ripple (XRP) price prediction for 2024 is $1.15. If unfavorable sentiment is triggered, the bearish Ripple (XRP) price prediction for 2024 is $1.11, resulting an average price hovering around $1.13.

XRP continues being one of the top stablecoins in crypto world. It comes as no surprise that we see XRP outlook as being positive in the next 15 days as well as in the near future. Here are the possible price changes we expect for XRP in the next half month:

 Ripple (XRP) Price Prediction 2025

By 2025, we anticipate that crypto regulations will have advanced significantly, with Treasury Secretary Janet Yellen urging the US Congress to pass legislation in the early stages of 2024. The establishment of a regulatory framework for cryptocurrencies in some of the world’s leading economies will serve as a catalyst for XRP and Ripple, now free of the shackles of an SEC lawsuit. This development will also pave the way for the financial institutions Ripple has partnered with to embark on implementing money remittance solutions.

While it is unlikely that these changes will be implemented immediately, the mere prospect of their eventual rollout will exert a profoundly positive influence on the price of XRP. Investors, speculating on the cryptocurrency’s future, will likely respond favorably to this development, driving up its value.

In terms of Ripple (XRP) price prediction for 2025, the maximum price level of XRP token is predicted to be $ 2.1442. Under a bearish circumstance, XRP is projected to drop to a lowest level of $ 1.2052, with an average price of $ 1.8275 throughout the year.

Ripple (XRP) Price Prediction 2030

While 2030 is when we will likely see the fallout of the preceding year’s Bitcoin Halving this will be nowhere near as severe as before—with global regulatory frameworks for digital assets firmly in place and adoption and utility at an all-time global high.

By leveraging the XRP Ledger, Ripple has the potential to significantly enhance global remittance, an industry projected to reach a valuation of $213 billion by this year.  Additionally, the other financial products and utilities introduced to the XRP Ledger between now and 2030 will further bolster its potential.

While accurately predicting the growth and evolution of digital currencies and their utilities is inherently challenging, our XRP price prediction for 2030 concludes with a stable outlook.  Specifically, we forecast a high of $ 2.9659, a low of  $ 1.6704, and an average price of  $ 2.7155 .

Ripple (XRP) Price Prediction 2050

In terms of long-term price prediction for 2050 on Ripple (XRP), it is projected that Ripple (XRP) would be traded at a minimum price of $ 5.6531. The maximum price could be $ 10.1085, with an average price of $ 9.3808 throughout the year.

Potential Highs & Lows of Ripple (XRP)

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Can XRP Hit $10?

XRP’s current price is approximately $ 1.4703, reflecting a robust recovery in 2024 following Ripple’s partial legal victory against the SEC earlier this year. Currently priced at $ 1.4703, XRP has been on an upward trajectory, propelled by Ripple’s ongoing legal successes and strategic advancements in cross-border payments.

Analysts at InvestingHaven even forecast a potential rise to $10 in the coming years. This projection is grounded in Ripple’s expanding network and the increasing adoption of its core assets, including the RippleNet payment system, the XRP Ledger (XRPL), and a broader ecosystem of financial institutions utilizing XRP for liquidity solutions.

RippleNet plays a crucial role by facilitating fast and low-cost cross-border payments, making it one of XRP’s key assets. The XRP Ledger (XRPL) also distinguishes itself with rapid transaction processing capabilities, confirming transactions within just 3-5 seconds—significantly faster than Bitcoin’s network.

Moreover, XRP has demonstrated superior performance compared to Bitcoin during certain timeframes; if these trends continue to gain momentum, substantial price increases could be realized for XRP, making the $10 target increasingly attainable.

Additionally, XRP’s strategic partnerships with major financial entities such as Santander and American Express—as well as its integration into the wider digital economy—position it favorably for future growth.

However, the cryptocurrencies are quite volatile. Achieving these ambitious targets will depend not only on external factors such as market conditions but also on Ripple’s capacity to remain innovative, creative, and effective. The current bullish sentiment doesn’t guarantee future outlook. Whether XRP is a good investment depends on your risk tolerance and goals. Be sure to conduct your own research before making any investment decisions.

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How to Buy XRP?

XRP USDT-margined perpetual futures contracts with a leverage of up to 500x are available on BTCC platform. If you are interested in XRP and want to buy the token, you can start by signing up for BTCC platform.

The following sets forth the guidance for trading XRP futures on cryptocurrency exchange BTCC:

Step One: go to the BTCC homepage and log in to your BTCC account. If you do not have an account, you need to register first.

Step Two: on the BTCC official homepage, choose “Deposite”, and then fund your account with your preferred method (fiat deposit, crypto deposit or convert).

Step Three: go back to the BTCC official homepage, choose “Futures” -“USDT-M Perpetual Futures Contract”, and find XRP crypto trading pair.

You can also click the button below to directly enter XRP trading page⇓

Step Four: choose the contract trading order type. Futures contract orders on BTCC platform include market orders, limit orders and SL/TP orders.

• Market Order: users place orders at the best price in the current market to achieve fast trading.
• Limit Order: Limit orders are a type of order to buy or sell futures at a price more favourable than the market price. When you buy at a price lower than the market price or sell at a price higher than the market price, the order will be in the form of a limit order.
• SL/TP Order: SL/TP orders are a type of order to buy or sell futures at a price less favourable than the market price. When you buy at a price higher than the market price or sell at a price lower than the market price, the order will be in the form of a SL/TP order.

Step Five: adjust the leverage multiple.

Please keep in mind that operating leverage carries the risk of liquidation. Leverage should be adjusted based on your financial status and risk tolerance level.

Step Six: choose the lot size and set the SL/TP price .

Step Seven: after setting the basic data information, users can choose to buy (open long) or sell (open short) after entering their ideal price. Traders should remind that the price cannot be higher or lower than the highest buying price or lowest selling price of the platform.

Step Eight: click the buy or sell button, and XRP futures contract order is completed.

That’s all information about XRP. If you want to know more information about XRP and other cryptocurrencies, please visit BTCC Academy.

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