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▲ Ripple (XRP) ©Coinreaders
Despite its recent price decline, XRP (Ripple), which is seeing massive funds pour into its spot funds, is heating up the market with a sensational forecast that it could surge up to $17, driven by the explosive growth of its ecosystem.
According to cryptocurrency media Watcher.Guru on April 9 (local time), XRP is attracting large investment funds in the fund market, alongside its CEO's ambitious move to compete with SWIFT (Society for Worldwide Interbank Financial Telecommunication). According to BSCN News, despite a nearly 40% price drop over the past year, US spot funds have seen net inflows exceeding $41 million this year. This amounts to 1.13% of its market capitalization and is interpreted as a result of the strong trust from its powerful support base, the XRP Army.
Behind this investment sentiment lies solid business performance. In March alone, over $100 billion in cross-border transactions were processed through the payment network in more than 60 countries. Collaborating with financial institutions worldwide, such as Amina Bank in Switzerland and Banco Genial in Brazil, XRP is accelerating the expansion of global liquidity by connecting fiat currencies with stablecoins.
Based on this strengthening fundamental, renowned crypto analyst Capital Marks predicted an explosive short-term rise of over three digits. He analyzed that the breakout of a massive pennant pattern seen at the end of 2024 is similar to the bull run of 2017, suggesting that XRP could surge by over 1,111% to reach just under $17.
On the other hand, crypto data platform CoinCodex presented a more realistic short-term outlook. According to its statistical model, XRP is predicted to rise to $1.90 in the third quarter of this year, forming a new high, and then show stable performance around $1.54 in the fourth quarter.
The long-term price trajectory also points upwards. CoinCodex presented a positive blueprint for long-term holders, stating that XRP will close at $1.64 at the end of 2026, then reach $5.27 in 2030, $7.94 in 2040, and $13.15 in 2050.
*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*
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