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XRP is predicted to soar past $16, potentially overtaking Ethereum in 2025, as forecasted by crypto influencer Ben Armstrong. He attributes XRP’s rise to its growing use in global banking and cross-border payments, positioning it as a unique asset in the crypto space.
XRP to Hit $16 and Surpass Ethereum by 2025
BitBoy, whose real name is Ben Armstrong, recently made an optimistic prediction about the price of XRP, predicting that it may reach $16 or even higher. By 2025, he predicts, XRP's market valuation will "flip" Ethereum's, reaching $16.50 to $22.
Ripple's Global Banking Partnerships Set XRP Apart
Notably, his optimistic view is based on the increasing number of applications of Ripple's native cryptocurrency in the international banking industry, which distinguishes it from Ethereum and other alternatives. In his statement, he said:
“XRP isn’t competing with ETH—it’s in a league of its own. While Ethereum fights off competitors, XRP is securing global banking partnerships. The future is set.”
At the same time, the cryptocurrency is positioned as a unique asset due to its emphasis on liquidity and cross-border payments. In addition, BitBoy notes that XRP momentarily surpassed ETH in 2018, a situation that he anticipates will happen again soon.
XRP Positioned for 25-30X Price Surge
In light of these factors, he predicted that Ripple's native coin will fare better than all other cryptocurrencies during the next bull run.
The increasing rivalry from Layer-1 blockchains, according to Armstrong, could also be a problem for Ethereum.
However, XRP's strong institutional alliance raises the possibility of a 25-30X price explosion. Even though he concedes that XRP's price has not experienced a substantial surge just yet, he claims that this will cause Ethereum's much-anticipated "flippening" once it happens.
Ripple's Legal Battle with SEC Nears Resolution
In addition to the news that has already broken, Armstrong has brought attention to several important changes in the Ripple market that may cause the price of XRP to rise. For example, once Ripple's legal dispute with the SEC is resolved, he laid out a straightforward roadmap for XRP to overtake Ethereum.
Since the SEC did not contest XRP's non-security designation in its appeal, the crypto community has praised the latest developments in the Ripple SEC case, Coingape notes. Because of this, many are starting to believe that XRP will eventually be able to overcome its legal challenges. Also, Ripple's chief legal officer, Stuart Alderoty, just made an observation about the XRP lawsuit's probable conclusion.
Ripple IPO and XRP ETFs Could Drive Further Gains
Armstrong also mentions a future Ripple IPO and the eventual approval of XRP ETFs as factors that could propel the token's price increase. The increasing use of the cryptocurrency as a liquidity solution among the BRICS countries is another factor that he cites as contributing to its rising profile internationally.
XRP's Market Position Strengthened by Key Developments
In addition, Ripple CEO Brad Garlinghouse provided commentary on a number of XRP-related and other developments. In a podcast, Garlinghouse discussed various important topics, including the debut of Ripple's stablecoin RLUSD, the XRP ETF, the Ripple SEC case, and more.
At the same time, the co-founder of Ripple just made a strategic move, which coincides with my prognosis. Take Chris Larsen's recent XRP gift of $10 million to Kamala Harris's campaign as an example.
XRP Price Falls Amid Market Speculation
Since the market expects Democrats and SEC Chair Gary Gensler to impede crypto progress, this decision has drawn criticism from the crypto community.
As of this writing, the price of XRP had fallen around 4% to $0.5354, while the volume of its trades had fallen by 5% to $1.12 billion. Notably, following Elon Musk's mention of XRP, which sparked market speculations, the token reached a high of $0.5594 in the recent 24 hours.
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