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A highly-debated forecast that XRP may eventually reach $10,000 per coin has ignited controversy in the crypto world. The ambitious assertion has been greeted with excitement and skepticism as analysts consider the variables that might affect the token’s price.
On the basis of reports, the prediction of XRP to hit this level comes from possible drivers such as ETF approvals, institutional adoption, and its position in traditional finance. But not everyone believes that this is possible.
ETFs May Not Be The Solution
Among the supporting arguments for the $10,000 price projection is the role that XRP ETFs are speculated to play. Its fans expect exchange-traded funds will usher huge institutional investment into XRP, hence increase its price. Nevertheless, crypto analyst Joshua Jake has dispelled the concept, referencing the example of Bitcoin ETFs.
Can $XRP Hit $10,000 ????
A full breakdown of what you should be expecting this bull run. pic.twitter.com/aQCWwyPIhX
— Joshua Jake (@itzjoshuajake) March 25, 2025
He stated that Bitcoin ETFs, although unlocking the door for institutional investors, have not taken Bitcoin to hyper prices of $1 million a coin. Jake thinks the same principle applies for XRP in that ETFs cannot drive the type of market action necessary to hit $10,000.
Jake also pointed out that while ETFs provide market access, they primarily lead to increased market-making and higher levels of resistance. Even achieving $30 or $20 per XRP, he said, would require massive value injection into the market, which is far from guaranteed.
Market Cap Raises Concerns
Considering XRP’s market cap, hitting $100 would push it to $10 trillion. At $10,000, it’d be $1 quadrillion—more than all the world’s wealth. Jake said that’s not realistic and advises caution with these predictions.
Banks probably won’t drive XRP to $10,000. Experts say if every bank in every country used XRP, its price would soar. Jake disagrees due to competition in crypto and the current supply of 99.98 billion tokens. Even if some tokens are burned, there wouldn’t be the supply shock needed to push prices that high.
Comparing XRP To Bitcoin And Ethereum
Comparing XRP to other well-known cryptocurrencies like Bitcoin and Ethereum was another topic of discussion. Jake responded to assertions made by proponents of XRP that Ethereum and Bitcoin are expensive despite their lack of progress. In order to counter this, he emphasized Ethereum’s contribution to tokenization and decentralized finance, pointing out that its whole value is fixed at $50.75 billion.
Jake defended Bitcoin as well, calling it a widely used digital currency. He cited its application in the carbon credit market as well as backing from institutions such as the US government and the IMF. He contended, however, that XRP has not had the same degree of institutional support or adoption.
At the time of writing, XRP was trading at $2.06, down 5.6% and 16.2% in the daily and weekly frames.
Featured image from Gemini Imagen, chart from TradingView
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.
Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).
Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling – right up his alley!
So, he landed a killer gig at NewsBTC, where he’s one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).
Think Christian’s all work and no play? Not a chance! When he’s not at his computer, you’ll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.
Speaking of chill, Christian’s got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.
Here’s the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day – and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.
Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors – and bosses – he deeply respects.
So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.
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only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any
investments and naturally investing carries risks. You are advised to conduct your own
research before making any investment decisions. Use information provided on this website
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