Written by – Parth Jayswal
Ripple (XRP) Price Prediction 2023, 2025, 2030, 2050 | Ripple (XRP) Price Forecast
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What is Ripple (XRP)?
- The XRP ledger is an open source, does not require permission, and decentralized technology which was launched in 2021. The advantages of XRP ledger is very low price ($0.0002 to transact ), rapid transactions ( settling transactions in 3 to 5 seconds), scalability (1500 transactions per seconds).
- XRP is a cryptocurrency designed similar to Bitcoin. Its main focus is to provide, trustless, quick and cheap cross border payments. Like Bitcoin, XRP depends on a public ledger, called XRP ledger, for storing each and every details of transactions.
- No mining is required by XRP ledger, XRP was premined at very early stage of its development.In 2013 around 100 billion XRPs were premined and launched. Today, 46 billion of total XRP is in circulation.
- Ripple is a digital currency that enables financial institutions, digital exchanges, and corporations worldwide to send payment with the help of blockchain technology.
- Ripple’s distributed financial technology platform enables cross border payments.The blockchain of company makes it faster to send money around the world rapidly and at lower cost.
- Ripple is developed on an open source, decentralized protocol that provides support to fiat currencies including, cryptocurrency, commodities.
- On the Ripple network tarnsactions are processed very fast which makes lucrative choice for international payments. XRP is the native digital assets on the Ripple network that can be used for multiple purposes.
Who are the founders of XRP ledger?
- In 2012, 3 founders name, JedMcCaleb, David Schwartz, and Arthur Britto made a launch of XRP ledger along with its native currency XRP as quicker, more enthusiastic, efficient substitute to the Bitcoin blockchain. In the month of September, along with Chris larsen they founded the company which is also known as Ripple.
Ripple (XRP) Price Prediction – Overview
| Name of the coin | Ripple |
| Ticker symbol | XRP |
| Based on | Cross Border Payment Platform |
| Exchanges | Binance, Deepcoin, BTCEX, Bybit and OKX |
| Circulating supply | 50,803,611,248 XRP |
| Total supply | 99,989,140,193 XRP |
| Maximum supply | 100,000,000,000 XRP |
| website | xrpl.org |
| Wallet | Atomic wallet, Trezor, Trust wallet |
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Ripple (XRP) Price Statistics (on 1/02/2023)
| XRP Price | $0.403 |
| 24H Low/ 24H High | $0.3897/0.4109 |
| Trading volume 24h | $932,261,225 |
| Volume/Market cap | 0.04552 |
| Market Rank | #6 |
| Market dominance | 1.95% |
| Fully diluted Market cap | $40,293,400,781 |
| Market cap | $20,469,100,483 |
Ripple (XRP) Price History
| 7d Low/ 7d High | $0.3912/$0.4235 |
| 30d Low/ 30d High | $0.3328/$0.4311 |
| 90d Low/ 90d High | $0.3216/$0.5071 |
| 52 week Low/52 week High | $0.2906/$0.9111 |
| All Time High | $3.84 |
| All Time Low | $0.002802 |
| XRP ROI | 6735.31% |
XRP Price History: 2013 to 2017
- XRP was there in the market since 2013, but there was no growth observed until 2017. The prices of XRP began to rise in 2021. Let’s have a look at historical prices from 2013 onwards. It’s very important for an investor to go through the historical prices of any cryptocurrency before making any investment.
XRP Price History in 2013
- On August 04, as per data provided by coinmarketcap, the recorded price of XRP was $0.005874. XRP coin was newly launched on the Ripple network so at the beginning prices were set at a very low price. During the year no major change was observed in the prices of the coin. During the year’s end, Ripple managed to spread the popularity of the coin, the prices were recorded at $0.04 at December end 2013.
XRP Price History in 2014
- The prices of XRP were not volatile majorly.In the beginning of January prices of XRP was recorded at $0.02, which showed that platform need to make changes for acceptance.By releasing 1.3 version, liquidity was increased by Ripple and settlement capability.In the month of April, prices began to increase to $0.08.The Stellar Development Foundation (SDF) drained the efforts by publishing a post which claimed that there was fault in Ripple’s consensus algorithm.
XRP Price History in 2015
- XRP didn’t have a good bonding with people and it was not fully accepted by crypto community.On January 23rd prices was recorded as $0.016.In the mid of June 2015, prices was recorded $0.006. Crypto analysts had a bit confusion regarding legal status of Ripple. A fine amounting to $70,00,000 was charged by US authorities for not following Bank’s secrecy acts. Due to which price of Ripple gone down to below $0.004 by the end of the year.
XRP Price History in 2016
- XRP tried to come out of controversy and the coin made a start with low price.On January 9th price was recorded to be $0.005.In the month of february there was increment observed and on 23rd february coinmanaged to reach $0.008. The increment in price was reasonable. The head of Ripple’s regulatory relations made a statement through tweet that 12 banks used XRP as a ross bridge currency and commented that ” it worked beautifully “. The currency observed ups and downs and finally settled at $0.006 on December 24th.
XRP Price History in 2017
- In the beginning of 2017 Ripple was fluctuating at a low rate. On 1st January, the price was recorded at $0.0063. In the month of March prices of Ripple began to rise which resulted to $0.02.In the mid of 16th May prices reached to $0.04. Prices of Ripple increased when announcement was made by american Express and Santander that they will user Ripple’s blockchain.The price of XRP skyrocketed at the end of of 2017 resulting in price of $0.2447.
Ripple (XRP) Lawsuit : Something extremely important
XRP coin price prediction
| Year | Minimum Price ($) | Average price ($) | Maximum price ($) |
|---|---|---|---|
| 2023 | 0.43 | 1.36 | 2.09 |
| 2024 | 2.32 | 3.41 | 4.28 |
| 2025 | 4.52 | 5.64 | 7.07 |
| 2026 | 5.05 | 7.23 | 9.89 |
| 2027 | 7.34 | 9.6 | 11.71 |
| 2028 | 10.78 | 11.16 | 13.14 |
| 2029 | 15.6 | 16.05 | 18.81 |
| 2030 | 18.68 | 25.32 | 33.73 |
| 2040 | 95.18 | 112.76 | 124.81 |
| 2050 | 218.45 | 235.13 | 251.73 |
Disclaimer – Cryptocurrency and Stock market is a highly volatile market and unstable. Do your proper research and study before investing. Our website aims to provide information regarding the crypto market. We are not responsible if you suffer any loss. Spend enough time on research.
- From the date of its launch, XRP has shown exponential growth in the crypto market. Initial investors who invested in XRP in 2018 received huge returns when it created an ATH. The prices of XRP reached a very high price to all-time high ATH of $3.84 in January 2018. The payment technology of Ripple is very unique which makes it easy for filling the gap between two currencies rapidly and efficiently.
- As per the technical analysis done by crypto experts, in the next 10 years, prices of XRP will rise consistently crossing the benchmark of $30 by the end of this decade. As all cryptos are showing a downfall, the performance of XRP is showing slow growth. There are higher chances of possibilities that XRP may get back to its position by end of 2023.
XRP coin price prediction 2023
- After doing a lot of research based on historical prices of XRP, if the market remains bearish the minimum forecasted price is expected to touch $0.43.The average trading price in the mid of the year 2023 is projected to hit $1.36. If more investors show interest in purchasing this crypto, tha maximum predicted price is expected to hit $2.09.
XRP coin price prediction 2024
- If the market remains bearish, the minimum projected price is expected to hit $2.32.The average trading price in the mid of the year is forecasted to touch $3.41. If the market remains bullish, the XRP coin can perform well and is projected to hit $4.28.
XRP coin price prediction 2025
- If the market falls, the minimum predicted price is expected to touch $4.52. The average trading price during the mid of the year is expected to hit $5.64. If the market sees an upward trend, the maximum projected price is forecasted to hit $7.07. If investors have patience and believe in the long-term investment they can get good returns.
XRP coin price prediction 2030
- If the market remains bearish, the minimum projected price is expected to hit $18.68. The average trading price is projected to hit $25.32. If the market sees an upward trend, the price of XRP coin may surge to $33.73.The average trading price in the past 7 years from 2023 has increased by 23 times.
XRP coin price prediction 2040
- If the market observes a downfall, the minimum projected price is expected to hit $95.18The average trading price at the mid of the year is expected to cross $112.76.If there is more demand for XRP crypto by 2040, the coin price can see an upward trend and the maximum projected price is expected to hit $124.81.
XRP coin price prediction 2050
- If investors hold the XRP coin for the long term i.e. more than 10 years they can get huge returns as the XRP coin has huge potential. If the market sees bearish trends, the lesser projected price is expected to hit $218.45.the average trading price during the mid of the year is predicted to reach $235.13. If the market sees upward trends, the higher predicted price is projected to cross $251.73.
XRP Quarterly returns
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2013 | — | — | 85.64% | 150.92% |
| 2014 | -67.9% | -56.97% | 22.87% | 426.23% |
| 2015 | -68.2% | +45.65% | -51.23% | 9.42% |
| 2016 | +22.37% | -9.94% | 32.64% | -26.97% |
| 2017 | +223.92% | +1159% | -25.06% | +1054% |
Highlights of XRP
- Perforemd very well compared to 71% of top 100 crytpo assets.
- Performed very well compared to Bitcoin and Ethereum
- By looking at its market cap, it has very high liquidity.
- Trading on Binance
- Trading with Indian Rupee.
XRP market cap
- In September 2013, XRP market cap crossed $100 million market cap.
- The market cap of XRP reached $500 million at the end of 2014.
- In February 2017, XRP reached tha first Unicorn status of $1 billion.
- In May 2017, $10 billion market cap was achieved.
- In Last week of 2017, market cap of XRP reached $50 billion.
- In January 2018, the total value of XRP tokens in circulation reached $100 billion.
Questions asked by People:
Q1) Is XRP a good investment?
- If you make an investment in Ripple today after doing proper research, a long term price is expected. The price of XRP is projected to reach $5.2 in next 10 years as preditions done by bitcoinwisdom.com.
Q2) Is XRP a good investment in 2030?
- Digitalcoinprice made projections that ripple price in 2030 can reach an average of $5.69. The telegaon.com made predictions of Ripple coin that by 2030 average trading price of Ripple is projected to reach $25.32.
Q3) Will Ripple (XRP) reach $5 dollars?
- As predicted, the international payment token never crossed the $5 mark in 2022. Next year may be a completely different story. A review done by experts, Ripple will reach the $5 market but it will take time. There are many hurdles ahead, dominated by law complaints filed by the Securities and Exchange Commission. We all know very well that legal matters are time-consuming in the eyes of law.
Q4) Can Ripple (XRP) reach 10 dollars?
- Analysts have made predictions that, XRP will reach $10 betwen 2025 and 2030 if it wins legal batle against SEC. Ripple which is faster than Bitcoin and Ethereum reached a $3.84 on 4th January 2018. Ripple has shaped itself in the crypto industry to become one of the popular crypto curerncies.
- Certain factors support that growth is possible if it is, scalable, rapid in transactions processing, and has cheaper costs of transaction fees.
- Prime XBT analysts have given their opinion that if Ripple wins a legal battle against SEC, the price of Ripple may shoot above the $10 mark if it wins legal suit by the end of 2021.
Q5) Can Ripple (XRP) reach 100 dollars?
- We do not like to be known as ” bringers of bad news”, but let’s make it clear. ripple has current market valuation of 21.02 Billion. Let’s assume that price manages to reach $100 at anyhow, then total market valuation would have been $4.3 trillion.
- This seems pretty much next to impossible.In fact, XRP in terms of measurement of market capialization XRP was 2nd largest crypto currency and it reached all time high of $3.38. This happen during bull amrket period of 2017 and 2018.
- The price of Ripple has lost 85% of its value, so even these prices appear to be extremely difficult.
Q6) Can Ripple (XRP) reach 10,000 dollars?
- To reach the $10,000 mark, XRP requires to grow at a speed of 26,315X keeping in mind its Current price of $0.38. By looking at its past record it will take 220 years to achieve the $10,000 mark. Before covid-19, XRP achieved an all-time high but now the situation is completely different. We personally suggest that it will take a very long time to achieve the $10,000 mark Because in 2023 XRP is trading at $0.4121 with a circulating supply of $50,803,611,248 XRP.
Q7) Will Ripple (XRP) reach 500 dollars?
- XRP is the 6th largest cryptocurrency in terms of market capitalization witha market ca of 21.02 Billion. Xrp has not achieved a price rise because lawsuit is filed by SEC against its parent company Ripple. Many exchanes have not listed XRP on their platform because of Lawsuit filed against it.
- If XRP reaches $500, then its market cap would have been $24 Trillion. That is the size of US economy today and compared to Tesla its market cap is 6 to 7 times higher.
- XRP can reach the $500 mark but it will take a very long time. we cannot give you exact predictions but according to historical prices, it will take more than 50 years.
Q8) Can Ripple (XRP) reach $1000 dollars mark?
- As per predictions done by Trading-education.com, No it is next to impossible for Ripple to reach $1000 mark beacus total circulation is less than 100 billion, which means it needs to have market cap of $100 trillion to attain its price position of $1000 mark.
Q9) Is XRP better than Bitcoin?
- The transactions of XRP are very cheaper compared to Bitcoin transcations. Bitcoin requires Desktop computers to solve difficult and complex cryptographic problems which is very lengthy and time consuming. On the other hand XRP transactions can take very less time. The blockchain of Bitcoin supports lesser users comapred to XRPs.
FAQs
Q1) Is XRP good for long term investment?
Ans – Yes, any cryptocurrency investment is good for long term investment. If you invest in XRP by 2040 average trading price would be $112.76.
Q2) Is it too late to invest in Ripple (XRP)?
Ans – No, not at all you can still buy crypto in 2023 if you are interested. the world of crypto market is unpreditable. every crypto currencies have ups and downs. But invest only if you have capacity to bear the loss.
Q3) Why people are not buying XRP?
Ans – The reason is a legal complaint filed by the Securities and Exchange Commission against Ripple Labs the company behind XRP.
Q4) What is special about Ripple (XRP)?
Ans – The XRP has a total supply of 100 billions and it is a cryptocurrency and thenative token of Ripple. XRP is speedy in transactions, cost effective, and is more scalable than bitcoin.
Q5) What is circulating and maximum supply of XRP coins?
Ans – The XRP has a circulating supply of 50,803,611,248 XRP and total supply of
100,000,000,000 XRP coins.
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