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- A cryptocurrency expert has predicted that Ripple could make a 109,000% surge to $2500.
- The timeline for this projection is 2030, and several factors, if they align, may push XRP to this target.
Ripple (XRP), the fourth-largest digital asset by market cap, has always had its fair share of bold predictions. But a recent one is turning heads. Crypto influencer Stepgh is Crypto, shared a post with his 63,000 followers on X, claiming that XRP is on the “road to $2,500”, a 109,000% jump from its current price.
That prediction isn’t just some off-the-cuff comment either. Stepgh included a chart mapping XRP’s trajectory from 2014 all the way to 2032, using a logarithmic price scale. While the chart looks ambitious, it doesn’t really dive into why XRP would reach that level.
No specific catalysts, no major developments highlighted, just a massive number and a long timeframe. The target year? 2030. Still a long way off, but people are already debating whether it’s visionary or just plain wishful thinking.
At the moment, XRP is hovering around $2.27. In the derivatives market, data from Coinglass shows that open interest has slipped by about 4.76% in the past 24 hours, now sitting at roughly $4.68 billion. On the options side, things are a bit more mixed. While trading volume has dipped, options open interest actually ticked up 3.17%, reaching $2.14 million.
For now, XRP’s support zone lies between $2.29 and $2.32. If these supports hold strong, it could set the stage for a breakout toward $2.65. Of course, those of little faith have modest price targets like $4, $20, or even $100; time will tell which predictions play out.
Is Steph’s prediction possible?
Bitcoin’s Exchange-Traded Funds (ETFs) got the green light from the SEC in January 2024. One year later, they’re already turning heads. In May alone, BTC ETFs have brought in $5.77 billion, which lines up perfectly with Bitcoin hitting a new all-time high of $111,970 on May 22.
Meanwhile, fund managers like Bitwise, CoinShares, Franklin Templeton, and Grayscale are still waiting on the SEC’s decision regarding their own XRP ETF applications. A recent CNF report, referencing Polymarket data, shows that approval odds have jumped 13% in the past week, now sitting at 83%, even though the SEC has once again pushed back decisions on the filings. If XRP ETFs get approval, we could see it follow in Bitcoin’s footsteps.
CME’s XRP futures, launched just on May 19, are seeing explosive growth. The new contracts come in two sizes: micro (2,500 XRP) and standard (50,000 XRP), which are settled in cash and pegged to the CME CF XRP-Dollar Reference Rate. On May 27 alone, 189 XRP futures contracts were traded, beating out Ethereum’s performance on its launch day.
There is a shift happening in the altcoin space. Traditionally, asset managers are big on Bitcoin. For example, Strategy and Mara Holdings hold 580,250 and 48,137 BTC, respectively. Ripple is stepping into this arena. According to a recent report by CNF, Nasdaq-listed energy firm VivoPower has raised $121 million to fund its XRP treasury strategy.
Ripple’s XRP Ledger was designed with efficiency in mind, low energy usage, and rapid cross-border settlement. These features make it a strong contender for powering bank-backed stablecoins that need to bridge traditional banking systems with modern digital platforms.
The U.S. Faster Payments Council (FPC), in a report cited by SMQKE, highlighted Ripple’s blockchain as a key component in achieving the G20’s cross-border payment goals for 2027 and 2030, goals backed by 19 of the world’s largest economies, along with the European and African Unions. Real-world use cases are already unfolding. In Dubai, the Land Department has teamed up with Ctrl Alt to use the XRP Ledger for syncing property records across both digital and traditional systems.
