Experiencing a phenomenal increase in price and growth during the last year, Ripple is on the radar of multiple investors. Ripple’s protocol provides the benefit of automatically blocking malicious entries while improving the integrity of the transactions and account balances. The recently released products, including XCurrent, xRapid, and xVia, further improve XRP’s among digital assets.
Table of Contents
- 1 Recent Developments
- 2 XRP Price Prediction from Market’s Viewpoint
- 3 Our Viewpoint Regarding XRP Price Prediction
- 4 Ripple price prediction 2025
- 5 Ripple Price Prediction 2030
- 6 Advantages of Ripple
- 7 Conclusion
MoneyGram is a major competitor of Western Union, and Ripple recently announced its plan of investing $30 million in MoneyGram at $4.10 per share. Besides, Ripple is also willing to invest further in a sum of $20 million during the upcoming couple of years. The recent development has made MoneyGram and Ripple exclusive partners, which will allow secure cross border payments in the future and increase the XRP usage. This makes it a win-win situation for both parties.
Furthermore, Ripple is continually adding new clients, including some big players in the banking world like Standard Chartered, American Express, and Santander, which helps in overcoming the liquidity issues.
XRP Price Prediction from Market’s Viewpoint
The volatile nature of the market has made price predictions of cryptocurrencies a tricky and challenging task. However, we can get some idea regarding the Ripple price prediction by taking into account the publications of experts in this field. These future price estimates can help investors understand the situation, allowing them to make calculated decisions based on their judgment.
Prediction by Ripple Coin News
Ripple Coin News advocates XRP and is one of the industry leaders in the field of news websites. It says that although Ripple has had its bad times and rough days, now the tide is turning. The website states that the next years might prove fruitful for Ripple due to the partnerships and new technology, pushing Ripple’s price as high as 3 to 5 USD.
Prediction by Investing Haven
Investing Haven is a crypto prediction website, and in its Ripple price prediction, it forecasts a bullish trend for Ripple during the year 2020. The site believes that 2020 shall be a year free from turbulences for Ripple, and thus it shall be able to grow more than its competitors. Investing Haven predicts XRP’s value reaching a mark of $7, which is a highly optimistic prediction.
Prediction by UsLifted
Another crypto prediction website known as UsLifted states that by the year 2020, XRP has the potential of reaching newer heights and can rise to $5.79 while having a circulation supply of 38,739,145,924 XRPs.
Prediction by Oracle Times
Oracle Times seems to be more optimistic when it comes to Ripple price prediction than any other platform currently. It believes a growth as high as 2000% in the case Ripple becomes the first choice for cross-border payments by multiple financial institutions.
Prediction by WalletInvestor
WalletInvestor believes that XRP is not a good short-term investment and shall have a value of approximately $0.46 by the end of 2020.
Prediction by TradingBeasts
TradingBeasts is confident that the average price of XRP in 2020 will go down to $0.26 and shall experience a further decrease in the years to come. Therefore, it does not think of XRP as a good investment.
Our Viewpoint Regarding XRP Price Prediction
Ripple is famous for its RippleNet technology. This technology is a bank to bank payment system and enables instant cross border payments. During 2020, Ripple is expected to expand to more countries and explore new markets, exposing it to more capital. Also, because of the change in market sentiments, XRP will likely reach as 0.5$ by the end of 2020.
Ripple price prediction 2025
XRP Price Prediction by WalletInvestor
WalletInvestor carries a skeptical viewpoint regarding the short-term investment in XRP. However, it believes that the price shall increase in the future to a value of $2.32 by the year 2025.
Ripple Price Prediction 2030
Ripple is expected to grow throughout the next years, and by 2030, the price of XRP is likely to reach beyond $5. We might also see an exponential increase in the adoption rate of XRP because of the partnerships that are currently in the pipeline.
Who knows what the future holds for XRP, but an increase in the overall acceptance is expected. Although the chances are very rare at the moment, there are still possibilities of XRP being ranked as the second-largest Cryptocurrency by market capitalization. It is also possible that if a bull run occurs during these years, XRP might hit a value of $13.0576 before 2030.
Advantages of Ripple
The following advantages also help in defining a better future of Ripple. Let’s take a look at some of them
- Ripple has a higher transaction speed and requires less transaction time. The transaction time of Bitcoin is approximately 10 minutes, whereas it is only 5 seconds for XRP.
- Ripple is cheaper than other cryptocurrencies like Bitcoin and Ethereum
- No need for mining, as all Ripple coins were collectively released and are in circulation.
The chances of XRP’s widespread adoption seem unlikely at present. However, the cryptocurrency market is highly volatile, and thus possibilities still exist that XRP might surpass its competitors in the future. Although purchases with XRP are currently not as frequent as those with Bitcoin, there are possibilities that it will become a preferred mode of payment for various reasons. Low fees, higher transaction speeds, and convenience of use for cheap cross-border transfers might also become the reason for its massive growth. Also, you can read Bitcoin Cash Price Prediction if you want to diversify your risk by investing in different Cryptocurrencies.
Disclaimer: This article by no means offers any trading recommendations. Therefore, we advise investors of the frequent and drastic price fluctuations in the cryptocurrency market.