If we are allowed to believe the well-known crypto analyst Egrag Crypto, the XRP prize is waiting for an explosive year. The expert expects the Great Altcoin to increase by no less than 1,500% in 2025, provided that the American Securities and Exchange Commission (SEC) approves the launch of an XRP Spot Exchange Traded Fund (ETF).
The role of the Fibonacci series
If XRP does indeed rise in value by 1,500%, the price would be around $ 38. Egrag Crypto bases this prediction on the so-called Fibonacci series, with the expected 1,500% rally coinciding with the 1,618 level. The analyst emphasizes that reaching this level is certainly possible, since the Altcoin has already done this in 2017.
Opportunities on an XRP ETF
The arrival of an XRP ETF in 2025 is not excluded. Several asset managers have submitted requests for new funds to the SEC. Bitwise, for example, submitted an S-1 registration in October last year.
Other major players, such as Canary Capital, 21Shares and Wisdomtree, have joined their own ETF applications. The well-known crypto-asset manager Grayscale also participates and wants to convert its existing XRP Trust Fund into a spot ETF on the New York Stock Exchange (NYSE).
Is a $ 38 XRP price realistic?
Although a price of $ 38 per XRP sounds attractive, the question is whether this is feasible. In that case, XRP would reach a market cap of more than $ 2.2 trillion – more than the current total value of Bitcoin (BTC), which is at $ 1.9 trillion.
This means that hundreds of billions of dollars in capital are needed to lift XRP above $ 2 trillion. Moreover, an explosive price increase is likely to lead to massive profits by investors, which can temper the upward pressure.
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Source: https://newsbit.nl/explosieve-prijsvoorspelling-kan-xrp-naar-38-stijgen-in-2025/
