XRP (XRP-USD) is trading at just $2.88 today, but one expert believes a world-shaking rally could be around the corner.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Jake Claver, a crypto strategist, argued in a recent interview that XRP could rocket as high as $2,500 if the right global events align. According to him, the key is not market cap math but the brutal reality of supply and demand.
“It will boil down to supply and demand economics rather than the market cap,” Claver said, noting that most analysts miss the point. With 59.77 billion XRP in circulation, $2,500 would imply a $149 trillion valuation, nearly double U.S. GDP. But Claver insists the real question is how much supply is available for purchase, not theoretical calculations.
Deflationary Tokenomics Add Fuel to the Fire
Claver also stressed XRP’s deflationary nature as a long-term driver. Roughly 5,000 coins are burned daily, and data from XRPScan shows more than 14.2 million tokens destroyed since launch.
This burn, he explained, will continue to tighten supply over time. “That is what drives liquidity and market dynamics,” he said, adding that scarcity ultimately makes XRP more valuable.
‘The Catalysts Are at the Doorstep’
Claver went further, predicting that the monumental rally could unfold before the year ends. One possible trigger, he suggested, is a reverse carry trade, though he stopped short of explaining the mechanics, including which currencies might be involved.
Still, his conviction was this: “The catalysts are at the doorstep and they are inevitable,” he said. Claver believes that once those catalysts hit, XRP could leap to $2,500 and stay there as institutional players tap the asset for settlement.
He argued that SWIFT transactions and even stock market settlements could migrate onto the XRP Ledger, fueling structural demand for the token at much higher price levels.
Ultra-Bullish XRP Price Predictions Keep Coming
Claver is not the only analyst planting sky-high targets on XRP. Another prominent voice, known as Xena, recently claimed XRP would “definitely reach $10,000,” pointing to Bitcoin’s early history as a template. She said skeptics would be shocked again just as they were when Bitcoin proved them wrong.
Such predictions divide the market. While bulls argue supply shocks and institutional adoption could lift XRP to never-seen heights, critics note the staggering market cap implications. For now, XRP remains a single-digit token, but speculation about an extreme breakout refuses to die.
To sum up, at $2.88, XRP looks a long way from $2,500. Yet experts like Jake Claver insist the ingredients are already in place. With deflationary burns, institutional adoption, and what he calls catalysts “at the doorstep,” the path to four-digit XRP may come down to timing and whether global macro forces line up just right.
