Ripple (XRP) is a promising cryptocurrency, banking on the ongoing ETF wave. With 18 ETFs queued for approval from the US SEC, XRP is trying its best to bank on the latest market wave, gradually trying its best to rise high on the crypto market radar. Moreover, the token’s global prowess in terms of the cross-border payment domain is also undisputed to an extent, making it a crypto worth keeping an eye on. Will a $1000 investment in XRP bear fruit by 2035? Let’s find out.
Also Read: Shiba Inu Dec’ Price Prediction: Will SHIB Rocket on Year-End Hype?
XRP Status Check: What’s Happening With The Asset
XRP has slowly been carving its own independent price path. The token is banking on the global blockchain payment wave, aiming to score a leading identity in the cross-border payment domain. Per a recent update by Whale Insider, Franklin Templeton, a leading $1.7T asset manager, has labeled XRP as a leading crypto playing a “foundational” role in global settlement infrastructure.
Per a recent update by the Sister Research, XRP is slowly growing across the radar, with constant XRP exposure to investors via ETF, and its adoption could lead the asset to hit $10 in due time.
In addition to this, Javon Marks, a notable cryptocurrency expert, shared how XRP’s slow yet steady momentum is on track to surge by 600% in the near future.
“The quoted tweet showcases a successful visual of our prediction of XRP outrunning Bitcoin by over 243%. In that period, XRP’s price increased by over 570% from ~$0.49 to $3.35+. Today, we bring to you a visual showcasing the potential for XRP to outrun BTC by OVER 600% THIS TIME. This can result in XRP’s price increasing drastically.”
$1000 in XRP Today: Returns by 2040
According to Flitpay Ripple stats, XRP may surge to sit at $82 by 2040.
“Additionally, being one of the top cryptocurrencies by market cap, XRP enjoys a respectable position in crypto. It has a strong community of holders that stayed loyal throughout its years-long trial with the SEC. This indicates that XRP’s future will look strong in the long run if it maintains its popularity and development. Thus, our XRP price prediction for 2040 is $82 (maximum), $71 (minimum), and $76 (average).
If an investor invests $1000 in XRP at a current price of $2.23, then eventually they may end up extracting profits worth $35,770, with a final value sitting at $36,770.
However, one must note how cryptocurrency markets are subject to risk and volatility. Hence, user discretion is advised before making any investment-related decisions.
Also Read: South Africa Signs MoU with BRICS’ NDB, Marking a Major Economic Shift