The post Experts Say XRP’s True Value Could Be $10,000 appeared on BitcoinEthereumNews.com.

Este artículo también está disponible en español. A popular cryptocurrency has once again captured the attention of many crypto investors after some experts started discussing the potential long-term valuation of the digital asset. Prominent market analysts believe that XRP could possibly reach $10,000 per coin, saying that the notion is “not a crazy” prediction but a conservative one. Related Reading 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. “$10,000 XRP isn’t crazy. It’s conservative,” Rowen Exchange said in an X post. The crypto analyst showed a number of reasons why the $10,000 price target for XRP is a conservative figure. Institutional Adoption According to Rowen Exchange, one of the strongest arguments that XRP could reach $10,000 is the token’s adoption. 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. The crypto expert said that XRP has a total supply of 100 billion coins. However, Rowen Exchange noted that only half of the token’s total supply is actually circulating in the market because of escrow releases and long-term holdings. XRP market cap currently at $154 billion. Chart: TradingView.com The analysts theorized that once institutions start hoarding the token for liquidity purposes, it is predicted that it would result in a supply squeeze which might push the price to go up. Rowen Exchange added that institutional adoption is different from retail-driven speculation because it can provide sustained…

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Filed under: News - @ February 21, 2025 3:22 pm