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Bitwise Asset Manager Makes Bold Price Predictions For XRP – See This

Bitwise Asset Manager Makes Bold Price Predictions For XRP – See This

Bitwise, a prominent cryptocurrency index fund manager, has released a bold set of long-term price projections for XRP. The firm has outlined scenarios where the token’s value could soar or collapse by the decade’s end, depending on key market developments.

According to Bitwise, XRP could reach a high of $29.32 by 2030 if it captures a meaningful share of the global payments and asset tokenization sectors. In this case, XRP’s market capitalization would expand to $2.9 trillion, surpassing the current valuation of Microsoft.

Bitwise based this prediction on the capital asset pricing model, which evaluates returns based on market risk and performance.

In a more moderate outlook, Bitwise’s bull scenario puts XRP at $12.70 by 2030. This forecast assumes consistent network growth and minimal obstacles, though it factors in weaker performance in the tokenization and payments space.

Also Read: XRP Eyes $20 Milestone as Institutional Interest and ETF Filings Surge

The firm notes that sustained momentum would still be needed to justify this level.

Alternatively, Bitwise warns that XRP could decline sharply to just $0.13 if institutional support fades and adoption slows. The bear case suggests XRP might fail to gain ground in its targeted markets, particularly if interest in the XRP Ledger ecosystem weakens.

Price Movement Stalls Despite Legal Win and ETF Developments

Ripple’s recent legal resolution with the U.S. Securities and Exchange Commission failed to create major price action for XRP. The company abandoned its appeal, effectively ending a prolonged legal battle, but the token’s response was limited.

XRP maintains a stagnant price movement as it stays within established resistance and support ranges between $2.50 and $2.56, and $2.24 to $2.30. A price settlement beneath this range may drive the market value toward $1.95.

The market focuses on the possibility of XRP exchange-traded fund approval in the United States despite the limited XRP price movement. A Bitwise ETF filed in October, as market sources predict BlackRock, Fidelity, and other firms will join the ETF expansion race.

The approval process of this product would serve as a necessary breakthrough for XRP to escape its stagnant pattern.

While XRP’s technical indicators suggest indecision in the market, long-term projections from Bitwise have sparked renewed interest. Investors now await signs of real-world adoption or institutional commitment to validate any of the forecasted scenarios.

Conclusion

Bitwise’s forecast presents a wide range of outcomes for XRP’s future, driven by adoption, regulation, and institutional behavior. Whether XRP fulfills its high-end potential or slips into obscurity will depend heavily on its performance in key sectors over the next five years.

Also Read: Ripple and SEC Reach Settlement as XRP Holds Steady at $2.45