XRP, Heading to $1,000?…"Closer to Speculative Talk"

Doohyun Hwang

Summary

It was reported that XRP is trading around the $3 mark and that investor expectations are rising as the legal dispute with the U.S. Securities and Exchange Commission comes to an end.
Some are expressing a rosy outlook that XRP could become the standard for global remittance systems and rise as high as $1,000.
However, experts have stated that the $1,000 projection is 'speculative,' saying it would be difficult to achieve without rapid changes in global financial infrastructure.

XRP has recently been trading around the $3 mark, drawing intense attention from the market. As the prolonged legal battle with the U.S. Securities and Exchange Commission (SEC) concludes, investor expectations are rising.

Some are presenting a rosy outlook that XRP could rise as high as $1,000. Bersan Aljara, co-founder of Black Swan Capitalist, predicted, "With the tokenization of global finance and the expanding role of virtual assets (cryptocurrencies), XRP’s price could skyrocket. $1,000 may not be the peak."

This sentiment is underpinned by the hope that XRP could become the standard for global remittance systems. As the argument that XRP could replace the existing interbank settlement system gains traction, some XRP community members assert, "If global adoption of XRP becomes a reality, its price could exceed all expectations."

However, there are also voices urging caution toward such projections. Manhar Garegrat, India representative of Liminal Custody, told Coinpedia in an interview, "The prediction that XRP will reach $1,000 is closer to a speculative statement."

He commented, "Reaching such a valuation would require drastic changes in global financial infrastructure and adoption structures. While it can't be ruled out entirely, it’s not realistic." He added, "Ripple’s technology can complement global payment systems, but it cannot fully replace the SWIFT network. A realistic approach should focus on coexistence and interoperability."

XRP