Analyst Discusses Influential Factors and Potential Scenarios for Growth

XRP’s price has been observed within a range of approximately $2.5 over the last three days. Despite this low valuation, the vision of an extraordinary XRP price remains alive among traders and supporters. In light of increasing market confidence, a striking theory has emerged suggesting XRP could soar to $10,000 from a crypto analyst. This anticipated figure significantly exceeds many forecasts derived from technical analysis. The analyst emphasized the foundational aspects of XRP to indicate a potential scenario for reaching this price point.

Analyst Envisions XRP Reaching $10,000 Between 2027 and 2030

A proposal by a crypto analyst known as Remi Relief on the social media platform X discusses a vision of XRP achieving $10,000 owing to its adoption by financial institutions and the full realization of its functional capabilities.

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In a post made on May 12, the analyst asserted that this ambitious XRP target of $10,000 might occur between 2027 and 2030. He clarified that this prediction is not based on abrupt changes or institutional price control but rather reflects the expected outcome of XRP operating at its optimal capacity within global financial networks. Nevertheless, he suggested that this price could possibly manifest as early as 2026.

Building on his initial commentary, the analyst has further elaborated on the concept of a $10,000 XRP. He proposed the existence of two distinct XRP ledgers: one for retail use and another exclusively accessible to roughly 1,700 institutions and private entities under non-disclosure agreements. He indicated that these private entities might already be conducting tests at highly varying price levels, potentially touching the $10,000 mark. This link was made alongside recent advancements in Central Bank Digital Currency trials, particularly in France.

The analyst referenced a document examining the efficiency and performance of various digital currency and transaction platforms with a focus on Transactions Per Second (TPS) in 2022. This document highlighted test networks for CBDCs (Central Bank Digital Currencies). According to its findings, Ripple’s Private Ledger achieved a TPS of 1,500 during trials for the digital Euro. While Ripple has not yet reached the operational scale of platforms like AliPay or the Hamilton Project, future TPS projections for the blockchain remain uncertain.

The Potential for a $10,000 Minimum Price for the Altcoin

The analyst’s theory revolves around a future where XRP supports significant financial operations at fixed elevated values across private networks. The most compelling aspect of this model is the possibility that Ripple could establish a minimum price for XRP at $10,000, ensuring it would not fall below this threshold.

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In this scenario, should the price approach this minimum value, decentralized technologies such as Chainlink oracles and IOTA-based AI algorithms would step in to stabilize it through automated trading.

Currently, XRP is priced at $2.40, reflecting a 2.2% decrease over the last 24 hours.

Featured image from Getty Images, chart from Tradingview.com