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Analysts Believe XRP is on Track for a $33 Price Target by 2025: Here is Why

by Drop Gorn
January 10, 2025
in Crypto
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Analysts Believe XRP is on Track for a $33 Price Target by 2025: Here is Why
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  • In 2020, 10,000 XRP cost just $1,100, while in 2024, the same amount soared to $24,000 at $2.40 per token.
  • Analysts predict XRP could hit $33 in 2025, requiring a 1,275% rally from its current price.
  • At $33, XRP’s fully diluted valuation would reach $3.3 trillion, making the target ambitious but intriguing.

Market analyst CryptoBull recently highlighted XRP’s remarkable price journey, illustrating both its impressive gains and the turbulent times it has endured. Let’s break it down year by year and explore what could be next for the asset.

The Cost of 10,000 XRP: Then and Now

In 2020, during the height of the bear market and the COVID-19 crash, investors could snag 10,000 XRP for just $1,100. XRP’s price had plummeted to $0.11 in March 2020, offering a rare discount. But it wasn’t always that cheap. Just a couple of years earlier, in January 2018, during the 2017/2018 bull run, the same 10,000 tokens would have set you back $3,310, as XRP soared to its all-time high of $3.31.

Fast forward to 2021, and things started heating up again. By January, XRP traded at $0.20, meaning 10,000 tokens cost investors $2,000. It was still a bargain compared to its previous highs, but the trend was clearly shifting.

XRP’s Price Climb: 2022 to 2024

In 2022, XRP’s value climbed further. After the Terra collapse in May, XRP hit a low of $0.30 by July. That meant buying 10,000 tokens would cost around $3,000.

By 2023, the price nearly doubled. From July to August, XRP hovered around $0.60, increasing the cost of 10,000 tokens to $6,000.

Then came 2024, and the numbers skyrocketed. In December, XRP reached $2.24, pushing the cost of 10,000 tokens to $22,400. Today, XRP is trading at $2.40, which means buying the same 10,000 tokens now costs a whopping $24,000.

Predictions for 2025: Could XRP Hit $33?

Looking ahead, CryptoBull predicts a staggering leap in XRP’s value. The analyst suggests that in 2025, 10,000 XRP could cost $330,000—implying the token might reach a price of $33.

Other experts share this optimistic outlook. In late 2024, market watcher EGRAG projected a $27 to $33 price range. Analyst Bobby A and wealth mentor Linda Jones have echoed similar predictions, citing XRP’s 4-year cycle as a potential driver for such a rally.

But let’s keep it real: For XRP to hit $33, it would need to surge by 1,275% from its current price. This would place its fully diluted valuation at an eye-popping $3.3 trillion. Achieving such a feat is no small task, and many challenges lie ahead.

Final Thoughts

XRP’s price journey has been anything but ordinary. From bear market lows to bull market highs, the asset has proven its resilience time and again. While the $33 prediction is ambitious, it underscores the faith many have in XRP’s long-term potential.

Tags: $XRPBobby ACryptoBullEgragLinda Jonesripple
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