XRP has been popular among crypto investors for years-and that is not without reason. De Munt wants to radically renew international payment transactions. If it succeeds, the course can explode according to many. Analyst Cobb is also convinced of that scenario and shared a particularly optimistic prediction on X.
Rat on the target: $ 11 for the end of 2025?
According to Cobb, the XRP rate this year could already push over $ 11. That would amount to an increase of no less than 368% compared to the current level and a significant exceeding of the All-Time High (ATH) of $ 3.40.
He speaks of a “perfect coincidence of circumstances” that would bring XRP in a unique position for a long -term and powerful upward trend.
Cobb added: “I’ve never been so optimistic about XRP.”
The perfect storm
His message does not show exactly which factors COBB means by that perfect coincidence, but he probably refers to the growing attention for spot XRP ETFs. At the moment there are no fewer than 11 applications.
The American stock market watchdog SEC has postponed the decision on this for the time being, but many analysts expect that approval is only a matter of time. An approved XRP ETF could attract billions to institutional capital.
End of legal battle in sight
In addition, the long -term lawsuit between Ripple and the SEC finally seem to go into its final phase. There is a settlement proposal in which Ripple would only pay $ 50 million – considerably less than the original requirement of $ 2 billion and also lower than the amount of $ 125 million previously set by Judge Analisa Torres.
Yet we still have to be patient: the request was submitted through the wrong legal proceedings (Rule 62.1 instead of Rule 60). That slows down the completion, but here too it seems only a matter of time until the file is finally closed.
Source: https://newsbit.nl/crypto-analist-is-extreem-optimistisch-xrp-koers-kan-dit-jaar-naar-11-stijgen/
