XRP $10,000 to $35,000: Is there a possibility?

“Ripple is constantly making headlines, primarily due to the lawsuit filed by the SEC. However, an intriguing question that is being raised is, ‘Will XRP reach $10,000 or $35,000?’ and ‘How long will it take to achieve that value?’

XRP: Buy or Sell? Select One

• Nov 12, 2024: -20%
• Jan 24th: +67%
• Feb 27th: +75%
• March 31st: +87%
• April 23rd: +52%
• May 29th: +48%
• June 6th: +48%
• June 21st: +45%
• June 23rd: +32%

Latest XRP Updates

• June 23rd: Rumors are circulating that the Ripple vs. SEC lawsuit could drag on until late 2026, stirring concern within the XRP community. However, crypto lawyer Bill Morgan has downplayed these fears, calling such a delay “unlikely.” He expects Judge Torres to take a practical approach by maintaining the current summary judgment and penalties, rather than letting the case stretch into prolonged appeals.
• June 21st: XRP Mining has launched a new cloud mining app that makes crypto mining easy and accessible for everyone—no special skills or costly hardware needed. The app features a simple interface to monitor contracts, daily earnings, and manage investments. Backed by McAfee® and Cloudflare® security, it keeps your assets safe at all times. With 24/7 multilingual customer support, users can enjoy uninterrupted mining operations from anywhere.

What are the XRP Forecasts as per Influencers and Publishers?

The XRP Price Predictions for the year 2030 are nowhere near the $10000 or $35000 target

Average XRP Price Forecast
for Dec 31, 2030 is
$63.1

XRP $10000: Could Ripple reach $10,000?

To reach $10000, XRP will need to rise 5,000.00x.
At $10000, the target market cap will be approximately $595.61 trillion.
If XRP grows at 25% annually, it could take around 39 years to reach $10000.

This is certainly not practical.

To summarize, given the current price and the likely market cap of $10000, Ripple can’t reach $10000 even if the XRP investment cases are brilliant. On top of all of this, competition, regulatory conditions, and macroeconomic conditions would all act as barriers for Ripple to reach $10000. Additionally, the XRP Investment has been moderate in the last 12 months.

XRP will never reach $10000 as it will never reach such a higher Market Cap in Trillions which is greater than the GDP of all the countries combined.

However, there are a few factors to consider

• If a large proportion of the Tokens are burnt over time
• Ripple use cases do not have regulatory challenges (Central Banks for example)

Chad Steingraber posits that XRP could hit $20K due to its deflationary nature, potential bank integration as a reserve currency, and expected bank hoarding which could lower public supply and boost its price. He emphasizes XRP’s unique features—limited supply, deflationary aspect, and ability to issue assets like IOUs, and differentiates between circulating supply and market cap, terming the latter as “phantom money.” He mentions that XRP’s On-Demand Liquidity (ODL) may not majorly affect its price as it’s meant for smaller financial entities, not large banks. Steingraber speculates big banks might hold XRP as a reserve asset, akin to gold, and could create digital coins based on XRP’s ledger, establishing XRP as a key global financial asset. He also discusses a potential XRP scarcity as banks accumulate it, leading to a “business dependency,” and foresees a significant market value impact once institutions fully assimilate XRP into their systems.

Compare whether XRP is a better or worse investment option than other Cryptocurrencies

Ripple $35000: Will XRP reach $35,000?

To reach $35000, XRP will need to rise 17,500.00x.
At $35000, the target market cap will be approximately $2,084.65 trillion.
If XRP grows at 25% annually, it could take around 44 years to reach $35000.

Now, we know it is impossible to sustain that level of growth for such a long time, particularly in any technology domain combined with high regulatory intervention.

Many Social media analysts have offered multiple arguments on how this could happen, but to claim boldly that Ripple will reach the above market cap sometime within the given period is very ambitious. The Global Stock Market is worth $106 trillion in 2023. It was 30 trillion, 20 years ago.

XRP will never reach $35000 as it will never reach such a high Market Cap in Trillions. Apple is valued at $3 trillion today.

XRP $10,000 to $35,000: Is there a possibility?

Yes, XRP $10000 to $350000 is possible only if a very large proportion of XRP Tokens are destroyed.

XRP $10000: Reaching $10,000 for XRP is highly improbable due to its required higher Market Cap in Trillions, which is unrealistic and exceeds global GDPs. Factors like competition, regulation, and economic conditions further hinder such growth. While scenarios like token burning and favorable regulations could help, these are speculative. Chad Steingraber’s theory of XRP hitting $20K due to deflationary aspects and bank adoption remains conjectural. Read the detailed analysis after this section

XRP $35000: It’s highly unlikely that XRP will reach $35,000, due to its higher Market Cap in Trillions, far exceeding the valuation of major companies like Apple and the entire global stock market. Achieving this level of growth is unrealistic, especially considering the technological and regulatory challenges in the sector. Claims of such a significant increase in XRP’s value in the next decade are overly ambitious.

A recent survey by Ripple found that 97% of global payment leaders believe blockchain and cryptocurrencies will significantly enhance payment speed within three years, and over half expect widespread merchant acceptance of crypto payments soon. Despite recognizing cost benefits, especially in cross-border transactions, unclear regulations are seen as a primary challenge to adoption. In a Deloitte study, 87% of US retail executives saw a competitive advantage in accepting digital currencies but called for clearer federal regulations.

Ripple XRP Past Updates

• June 19th: Ripple has submitted a letter to Judge Torres, urging approval of an indicative ruling motion to help resolve the SEC lawsuit. Ripple outlined three key reasons: the parties aren’t seeking changes to the summary judgment, only to modify the relief by dissolving the injunction and adjusting the penalty. The proposed resolution would save judicial resources, eliminate the need for appeals, and conclude the long-running case. Ripple also noted the settlement would align it with industry peers whose cases were dismissed, promoting fairness as the SEC continues shaping crypto regulations.
• June 16th: Ripple and SEC seek end to XRP dispute. Both Ripple and the US SEC filed a joint motion to release the $125 million in funds held in an escrow account to pay for settlement costs ordered by the court. According to the letter submitted by both parties, $50 million will be transferred to the SEC for the civil penalty against Ripple, with the remaining $75 million transferred back to Ripple, pending court approval.
• June 12th: US investment giant Guggenheim is expanding its digital commercial paper program through a new partnership with Ripple, highlighting the increasing integration of traditional finance with crypto-native platforms. As part of the collaboration, Guggenheim Treasury Services—Guggenheim’s subsidiary—will offer its US Treasury-backed fixed-income assets on the XRP Ledger.
• June 10th: Ripple has partnered with the Web3 Salon project by the Asia Web3 Alliance Japan to back XRPL startups in Japan. The program is a part of the XRPL Japan and Korea Fund and Ripple’s broader 1 billion XRP commitment.
  • Ripple partner SBI Holdings and its affiliate SBI Shinsei Bank announced a multi-million-dollar investment in Circle. SBI Holdings will invest $50 million in Circle.
• June 6th: The deadline for both the U.S. SEC and Ripple to file new motions is fast approaching, with June 16 set as the final date. It’s been 20 days since Judge Analisa Torres rejected the joint motion submitted by both parties, and neither side has filed any new motions since. On May 15, Judge Torres denied their request for an indicative ruling that would have approved a proposed settlement, one that aimed to reduce Ripple’s penalty to $50 million and lift the injunction on its operations.
• June 2nd: VivoPower and Webus International are set to acquire Ripple’s XRP. Both companies announced their intentions, with VivoPower planning to buy $121 million of XRP, and Webus International looking to acquire up to $300 million. Webus is an AI-powered chauffeur services company based in China, and VivoPower is a sustainable energy solutions company based in the United Kingdom.

Note: Please consult a registered investment advisor to guide your financial decisions.