What is the Post-Lawsuit Future of Ripple? XRP Price Prediction

The price of XRP today is $2.87, changing within the past 24 hours for -3.48% and -0.28% over the week. XRP’s price action is characterized by the Bearish sentiment.

The current volatility index for XRP is measured at 3.11%. XRP’s circulating supply is 59.87B. In the big picture, the highest price XRP has reached is $3.9179 and its lowest observed price was $0.0028.

XRP Sentiment

Which way the market swings today? Overall, technical indicators show that currently, the sentiment in the XRP markets is Bearish. The Fear and Greed Index for XRP today is in the 60 (Greed) zone.

What is XRP?

XRP is the name and ticker of cryptocurrency that was released in 2012 by Ripple, a San Francisco-based fintech company. While the company uses the currency in its products for corporate and financial institutions, XRP and its ledger are open-source and decentralized.

XRP is a bridge between banks or money transfer providers for instantaneous and virtually costless money transfers, replacing prepaid accounts in a foreign currency. The transactions on the ledger are confirmed within seconds, in comparison to an average remittance taking 3 to 5 business days.

XRP is deflationary, pre-mined and for the time being, the XRP not in circulation is stored in an escrow account regulated by the smart contract. The liquid supply is 56,180,094,752 while the outstanding supply is a little short of 100 billion (99,987,315,360 XRP).

To learn about Ripple and XRP in more detail, check out our Beginner’s Guide to XRP on it!

What Influences the XRP Price?

Adoption

For a project like XRP, which was developed with a clear use case and for a certain group of users, adoption is key to its relevance.

Active users of the On-Demand Liquidity (ODL) solution include Bitstamp and Bitso, which use it for cross-border transfers. However, another use case for XRPL might emerge very soon: Ripple is working on an XRPL-native stablecoin Ripple USD (RLUSD).

In a Q2 2024 report, Ripple revealed a new addition to the roster of partners integrating XRPL, digital asset manager Archax. Although the on-chain activity reduced significantly in comparison to the previous quarter, the average value of a transaction increased. This is in line with the analysis provided by the company that outlined an increase in activity from institutional investors in the crypto market.

Tech Updates

Closely tied to the previous factor, network updates often become a catalyst for more short-term XRP price swings.

In addition to the upcoming stablecoin, more asset tokenization capabilities are coming to XRPL with the multi-purpose token (MPT) standard. This update will further expand the possible range of features for digital asset management, together with improved oracle integrations. In particular, oracles by DIA and Band Protocol can be used to build dApps on XRPL.

Last but not least, Ripple is working on an EVM-compatible sidechain for XRPL. It will introduce Ethereum-based applications to the XRP ecosystem and act as a Layer-2 for the main chain. The sidechain will use a wrapped version of XRP, bridged with the Axelar protocol.

Legal Status

The turning of the tide in the SEC vs. Ripple case was a long-term factor in the XRP price action. However, a year ago, the judge ruled that XRP as a digital asset does not constitute a security. The settlement is not yet finished as some remedies are still discussed but the main conclusion is unlikely to be changed.

This does not mean the legal challenges for Ripple and XRP end here. The global crypto regulation framework is far from having a coherent shape and for now, local regulations are the next best thing. Ripple is actively participating as an industry representative in shaping the laws concerning cryptocurrency in the US and Latin America. Their stated agenda is to provide insights into the crypto industry to help lawmakers come up with legislation that would not stifle innovation.

All XRP Price Predictions by Experts

• The moderate and bullish XRP price trajectories could not look more different. The direction, though, remains upward.
• A bull case for XRP sees it break the current price record as soon as next year, in time for the next BTC bull run. After that, by the end of the decade, XRP will be on track to $10.
• In a bear case, XRP will not gain any significant momentum, continuing on the same trajectory as it had been doing after the court victory. However, even bears do not rule out a new price record of XRP for $5 and more by 2030.

XRP Price Prediction 2026–2029

Zooming out, according to several sources, XRP can deliver varying results: from rather disappointing to massive growth. The four years of the period are roughly one market cycle, which has its highs and lows.

XRP Price Prediction for 2030 and Beyond

Unlike many other altcoins, XRP has the luxury of almost a decade-long price history. Nevertheless, with the available data, it is still not reliable to project for the end of the decade.

Some suggestions for how much XRP will be worth in 2030 point at $6.30 or even $10. StormGain cites the Brad Garlinghouse XRP price prediction echoing his forecast of $20 by 2050. In the long term like that, anything is possible.