A highly-debated forecast that XRP might ultimately attain $10,000 per coin has ignited controversy within the crypto world. The bold assertion has been greeted with pleasure and skepticism as analysts think about the variables that may have an effect on the token’s value.
On the premise of experiences, the prediction of XRP to hit this stage comes from potential drivers corresponding to ETF approvals, institutional adoption, and its place in conventional finance. However not everybody believes that that is potential.
ETFs Might Not Be The Answer
Among the many supporting arguments for the $10,000 value projection is the function that XRP ETFs are purported to play. Its followers count on exchange-traded funds will usher large institutional funding into XRP, therefore improve its value. Nonetheless, crypto analyst Joshua Jake has dispelled the idea, referencing the instance of Bitcoin ETFs.
Can $XRP Hit $10,000
A full breakdown of what try to be anticipating this bull run. pic.twitter.com/aQCWwyPIhX
— Joshua Jake (@itzjoshuajake) March 25, 2025
He acknowledged that Bitcoin ETFs, though unlocking the door for institutional buyers, haven’t taken Bitcoin to hyper costs of $1 million a coin. Jake thinks the identical precept applies for XRP in that ETFs can’t drive the kind of market motion essential to hit $10,000.
Jake additionally identified that whereas ETFs present market entry, they primarily result in elevated market-making and better ranges of resistance. Even reaching $30 or $20 per XRP, he mentioned, would require large worth injection into the market, which is much from assured.
Market Cap Raises Issues
Contemplating XRP’s market cap, hitting $100 would push it to $10 trillion. At $10,000, it’d be $1 quadrillion—greater than all of the world’s wealth. Jake mentioned that’s not sensible and advises warning with these predictions.
Banks most likely received’t drive XRP to $10,000. Consultants say if each financial institution in each nation used XRP, its value would soar. Jake disagrees resulting from competitors in crypto and the present provide of 99.98 billion tokens. Even when some tokens are burned, there wouldn’t be the availability shock wanted to push costs that top.
Evaluating XRP To Bitcoin And Ethereum
Evaluating XRP to different well-known cryptocurrencies like Bitcoin and Ethereum was one other matter of dialogue. Jake responded to assertions made by proponents of XRP that Ethereum and Bitcoin are costly regardless of their lack of progress. To be able to counter this, he emphasised Ethereum’s contribution to tokenization and decentralized finance, stating that its entire worth is fastened at $50.75 billion.
Jake defended Bitcoin as properly, calling it a extensively used digital foreign money. He cited its software within the carbon credit score market in addition to backing from establishments such because the US authorities and the IMF. He contended, nonetheless, that XRP has not had the identical diploma of institutional assist or adoption.
On the time of writing, XRP was buying and selling at $2.06, down 5.6% and 16.2% within the each day and weekly frames.
Featured picture from Gemini Imagen, chart from TradingView
