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XRP was designed to become a means of quick global value transfers but became the subject of a legal battle for several years. Now that it has been ruled not a security, the latter factor is once again less in the picture. In this article, we will have a look at the new prospects of Ripple’s XRP in the future and share the top XRP price predictions for 2024 and beyond.
All XRP Price Predictions
- 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.
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!
XRP Price History
XRP Price in 2013–2016
At the end of 2013, one of the first price spikes for XRP during this period occurred. It lasted from late November to December, reaching $0.028 but correcting itself over several months. This movement took XRP’s price up by almost 400%. Almost exactly a year later, the same pattern repeated itself, taking the XRP price up from $0.005 in November 2014 to $0.027056 at its peak a month later.
During other times, the XRP price moved between $0.005 and $0.009, two significant levels for almost two years. The support was breached only briefly in December 2015 and January 2016 and this period closed at $0.006449 per XRP.
XRP Price in 2017–2020
XRP’s price once again had a spike in value in late 2017 and early 2018. This time, however, it also corresponded to a massive increase in the cryptocurrency market.
The spike was actually a culmination of a rally that started in mid-2017. On December 10, 2017, right before the price spike, XRP was at $0.239, and just a few weeks later, XRP hit $3.48 on January 4, 2018, which is the current ATH.
From there, though, XRP dropped with a few peaks and valleys along the way, briefly going back up to $0.837 on April 21. The asset was back at $0.358056 on the closing day of 2018, worth ten times less than at the beginning of the year.
2019 was not as turbulent, but XRP did not show promising results for the investors. The year closed with an almost 50% loss, going down from $0.353771 to $0.194349.
In the bull market of February 2020, XRP managed to climb to $0.349789, but the fall in March was as drastic. On March 12, the XRP price dropped to $0.115093, 60% down from the year’s high.
A brief bullish market in August 2020 almost closed this gap but it was not until November that XRP’s price really took off. It could have reached higher than $0.6921 if the US Securities and Exchange Commission did not subpoena Ripple.
XRP Price in 2021–2024
Nevertheless, each new development in the case brought back the confidence and XRP rallied with the crypto market in 2021. At the peak of it, in April 2021 XRP was worth $1.8392.
From there, it formed a clear downtrend, and 2021’s closing price for XRP was $0.8396. 2022 saw the continuation of this downtrend until June. More updates in the case caused the price to accelerate towards $1.40 by September.
As for 2023, due to the price action in the previous year, the price trend changed its direction once again. And once again, in July, due to progress in the case, XRP surged to $0.794. The pump was short-lived but the target would become an important milestone in future price analysis.
This year so far is proving to be less optimistic for XRP, despite the resolution of the legal battle. The XRP price has been fluctuating between 42 and 70 cents without making big moves.
At the moment of writing, XRP ranks 7th by market capitalization in the CoinMarketCap rating. The price of 1 XRP today (at the time of writing) is $0.5732.
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.
XRP Price Analysis and Forecast
With the situation in the crypto market, in early July, XRP received a much-needed price boost. A local high established at $0.625 became a resistance level that has been confirmed a few times already.
The relative strength index dipping below its simple moving average hints that for the time being, it is more productive to watch the support levels. The XRP price is oscillating near the $0.58 level which has to turn into support first to warrant further move to the upside. Lower levels of $0.54, $0.51, and $0.49 were all validated as support levels that XRP can pull back to soon in a bearish scenario.
XRP Price Prediction for 2024
Lilly Mwogah provided InvestingCube with her XRP analysis, accounting for both upside and downside moves. She anticipates a breakout to $0.6296 if the resistance level at $0.5745 is breached and defended. However, traders seem cautious and a pullback below $0.4678 is also a possibility.
Ana Zirojevic compiles several expert XRP price predictions to assess investor sentiment. She quotes the Finder XRP price prediction of $0.66 by the end of 2024, as well as more bullish and less realistic XRP predictions from social media. She concludes that the sentiment is bullish although the market data does not guarantee a pump is coming.
More moderate prospects come from the XRP price prediction by Long Forecast. By December 2024, XRP is expected to trade within the $0.61–0.71 range, a mere 4.8% gain from now.
XRP Price Prediction for 2025
Prediction service Crypto-Rating analyzes the volatility index of XRP to provide an XRP price forecast up to a year in advance. Being a top-10 coin in the market, its volatility is as low as expected, therefore, by August 2025, XRP’s price can rise by 26.49%, making it $0.7268.
The YouTube XRP price prediction from Zach Humphries takes into account the factor that is hard to ignore: the upcoming bull run. His $5 XRP price prediction in 2025 seems to be borderline conservative considering that the current ATH is around $3.80.
According to the CoinPedia XRP price forecast, 2025 might be the year when the token will be trading in the zone near $1. Particularly, in the range between the minimum price of $0.75 and the maximum price of $1.36.
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.
| Year | Investing Haven | CryptoNews | CryptoNewsZ |
| 2026 | $0.87–1.71 | $0.78–1.34 | $3.08–4.44 |
| 2027 | $0.86–1.37 | $0.90–1.94 | $3.98–5.72 |
| 2028 | $0.85–1.32 | $1.02–2.70 | $5.11–7.36 |
| 2029 | $1.01–1.42 | $1.13–3.60 | $6.60–9.50 |
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.
How to Buy XRP?
Do you want to purchase XRP with a bank card? You can do it on the ChangeHero website in a few steps:
- Go to the purchase page or click “Buy or sell crypto with Visa” in the widget on the home page. Choose your country, check the currency of purchase/selling and rate;
- Proceed and provide the blockchain address for purchase or selling. Check the Terms of service before finalizing the transaction;
- Verify your phone number, email address, and ID details. Next, provide the information on the bank card. If you are selling, you would also need to choose refund options and transfer crypto to the generated address;
- Go through the KYC procedure with your state-issued ID and a selfie to finalize verification;
- And from here on, our partner processes the purchase.
How to Exchange XRP Instantly on ChangeHero?
If you already have crypto, swap it for XRP on ChangeHero! Get XRP at the best rates, in a few steps without obligatory KYC or registration.
- Choose the currencies on the home page, amounts, and the type of exchange. Provide your XRP wallet address with tag in the next step and check the details;
- Double-check the provided information, read and accept the Terms of Use and Privacy Policy;
- Send the cryptocurrency for the swap in a single transaction. In a Fixed Rate transaction, you have 15 minutes before it expires;
- Sit back and relax. Now we are doing all the work: checking the incoming transaction and making the exchange as soon as it arrives;
- As soon as the exchange has been processed, your XRP is on its way to your wallet. And so, the transaction is finished!
The support team is here to help you 24/7, and in any case, reach them in the chat on the website or through the email: [email protected].
Conclusion
A year after the SEC vs. Ripple resolution, XRP is not quite delivering the results some holders and experts expected. Nevertheless, it is still no longer hindered by legal trouble and now can show what it’s made of.
What do you think about these predictions? Do you agree? Join the discussion and subscribe to us on X, Reddit, Facebook, and Telegram. Explore our blog for more content to help you navigate the crypto world.
Frequently Asked Questions
What is XRP?
XRP is a cryptocurrency developed by Ripple and independent contributors. XRP Ledger uses a token of the same name for transactions in the network.
What will XRP be worth in 2024?
According to different analysts, in the short term, no massive price action is expected. XRP is forecast to trade between $0.47 and $0.71.
What will XRP be worth by 2025?
Depending on the source, XRP is expected to trade between $0.73 and $5 in 2025.
What will XRP be worth in 2030?
By 2030, XRP is estimated to be worth between $6.30 and $10.
Is XRP a good investment?
Most experts have high confidence in XRP but following XRP news might be a good idea.
Disclaimer
This article does not constitute financial or investing advice. No price prediction or forecast is guaranteed to provide exact information on the future price. Past performance is not indicative of future results.
When dealing with cryptocurrencies, remember that they are extremely volatile and thus, a high-risk investment. Always make sure to stay informed and be aware of those risks. Consider investments in cryptocurrencies only after careful consideration and analysis and at your own risk.
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