Register for free to Reuters and know the full story Ripple's founders created XRP in 2012. The SEC sued the San Francisco-based company and its current and former chief executives in December 2020, alleging they have been conducting a $1.3 billion unregistered securities offering since the token's creation.
CryptoNewsZ predicts that XRP could rise to as high as $0.68 in 2025. Trading Education is highly optimistic, with price predictions as high as $8.76 for 2025 — about a 2,449% increase over its current price.
Coinbase is delisting XRP, Bitcoin Cash, and Ethereum Classic because of "low usage." Coinbase has announced that it's removing XRP, Bitcoin Cash, and Ethereum Classic from its crypto wallet.
The crux of the dispute is whether XRP can be considered an “investment contract” and therefore a security under the Securities Act. An investment contract is one category of instrument over which the SEC has been granted regulatory authority.
Ripple CEO Brad Garlinghouse said the crypto company will move to another country if it loses in its legal battle with the SEC.
Ripple Labs may have won a hard-fought battle in wresting documents from the Securities and Exchange Commission that it says supports its case against the agency, but that does not mean it will prevail in a $1.3 billion suit against it for selling the XRP XRP +1.3% cryptocurrency as an unregistered security.
XRP price prediction 2022
Finder's panel expects the XRP price to trade as high as $0.90 by the end of December 2022 from the current price of $0.53. However, should XRP lose its case with the SEC the panel expects its value to drop to $0.24.
The experts in the field of cryptocurrency have analyzed the prices of XRP and their fluctuations during the previous years. It is assumed that in 2025, the minimum XRP price might drop to $1.47, while its maximum can reach $1.72. On average, the trading cost will be around $1.52.
Thus, XRP is an excellent choice for a thematic investor who buys digital currencies based on a top-down investment approach to diversify their portfolio. XRP's low price has opened up an affordable entry and investment opportunity with higher returns.
XRP has gained the trust of both financial institutions and investors, which could make it a more reliable, stable investment than some other alt-coins. Additionally, XRP has a finite number of coins, unlike some other cryptocurrencies, where tokens are constantly being created and mined.
XRP has not entered mainstream use quite yet. The financial institutions that use Ripple's network are still in the testing phase. While XRP has potential in the international payment space, it has yet to be thoroughly tested by large, mainstream banks.
Expert's Take On Ripple XRP Price Predictions
According to the latest long-term forecast, Ripple price will hit $0.39 by the end of 2023 and then $1 by the end of 2029. Our Forecast System predicts that XRP could possibly increase in value in the short term by +19% to $0.4138 from $0.3479.
XRP currently has 45,404 billion tokens in circulation, while its total supply counts 100 billion XRP tokens.
Many international banks are integrated into RippleNet. Any bank joining the network can access several other banks to trade with. Therefore, XRP offers market access to participating banks and their customers.
If the Ripple business performs well, in 10 years, XRP can theoretically exceed new heights. Based on current projections, most experts have agreed that Ripple's price can go up to the $250-$300 range in ten years. Ripple Coin News says that Ripple price could rise to $30 in 10 years.
The website suggests XRP coin continues on bullish momentum and by 2025, Ripple might be trading at $1.72 as the highest price. In their long-term predictions, Ripple could potentially reach a maximum level of $2.79 in 2028 and by 2031, Ripple might reach an all-time high of $7.30.
XRP Price Predictions 2025
As a result, the coin will see greater adoption around the world, which means more growth. According to PRIME XBT, XRP could reach a maximum of $50, with its lowest at $8 in 2025.
Investing $100 in Ripple's XRP could make you a millionaire if you hold onto your XRP holdings for the long term and its value crosses $10,000. Fortunately, the cryptocurrency market is still enjoying the bulls so XRP could attain new price milestones in the not-too-distant future.
As per the forecasts, the coin may grow significantly by the year 2025. The maximum price is expected to be around $4.06, whereas the minimum price can be around $2.55. The XRP token may have an average value of $3.31 as per our XRP predictions 2025.
Investors would do better to keep a close eye on how the token develops to see if there is potential for the asset in 2023. If all goes well, it is not too late to buy XRP, but one can never be sure in the crypto market.
Ripple's founders created XRP in 2012. The SEC sued the San Francisco-based company and its current and former chief executives in December 2020, alleging they have been conducting a $1.3 billion unregistered securities offering since the token's creation.
The lawsuit has been going on for nearly 15 months and Ripple expects it to end this year. After that, the company will look into a public listing.
According to them, the average value of XRP in 2022 will reach 1.22 USD in 2022 and reach 3.63 USD in 2025. Meanwhile, the prediction made by Gov Capital estimates that XRP will reach a new high of 1.37 USD in February 2023 and 4.84 USD by the end of 2026.