XRP is set to rock the stage with an expected price surge. The price will be doubled in the next year and will cross $9 in 2030.
The price charts show a steady rise in prices. In this article, you will read about the price prediction of XRP tokens for 2024-2030 and analyze the insights about the reasons for the upcoming price surge.
What is an XRP Token?
The open-sourced, decentralized platform XRP Ledger’s native coin is called XRP. The XRP ledger has its own consensus mechanism; its activities are validated by the trusted validators of the network.
Its native consensus agreement is called the Ripple Protocol Consensus Algorithm. Unlike Bitcoin or Ethereum, the tokens cannot be mined. A maximum of 100,000,000,000 is pre-mined.
The current status of the XRP token in the market is visible from the following key figures.
Current Market Price: $0.487
Market Capitalization: $27,089,259,176
Fully Diluted Valuation: $48,797,986,363
24 Hour Trading Volume: $1,093,614,356
Circulating Supply: 55,430,475,754
Total Supply: 99,987,593,568
Maximum Supply: 100,000,000,000
The Price Prediction of XRP (2024–2030)
The expected long-term price range of the XRP token, with its yearly low, yearly average, and yearly high prices for the years 2024, 2025, 2026, 2027, 2028, 2029, and 2030 is shown in the table below.
| Year | Yearly Low | Yearly Average | Yearly High |
| 2024 | $0.44 | $1.03 | $1.06 |
| 2025 | $1.05 | $1.19 | $1.26 |
| 2026 | $1.44 | $1.63 | $1.74 |
| 2027 | $1.87 | $2.13 | $2.24 |
| 2028 | $1.87 | $2.13 | $2.24 |
| 2029 | $2.31 | $2.47 | $2.65 |
| 2030 | $3.29 | $3.58 | $3.64 |
The detailed price prediction of XRP for the years 2024, 2025, and 2030 is given in the tables below for you to get a broad idea about the price rise pattern of the token.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| June 2024 | $0.49 | $0.49 | $0.49 |
| July 2024 | $0.40 | $0.99 | $1.02 |
| August 2024 | $0.44 | $0.50 | $1.06 |
| September 2024 | $0.43 | $0.89 | $1.03 |
| October 2024 | $0.43 | $0.70 | $1.04 |
| November 2024 | $0.41 | $1.03 | $1.06 |
| December 2024 | $0.43 | $0.46 | $1.04 |
| Year | Low Price | Average Price | High Price |
| January 2025 | $1.03 | $1.12 | $1.22 |
| February 2025 | $1.03 | $1.07 | $1.23 |
| March 2025 | $1.04 | $1.06 | $1.18 |
| April 2025 | $1.04 | $1.06 | $1.16 |
| May 2025 | $1.03 | $1.14 | $1.17 |
| June 2025 | $1.04 | $1.12 | $1.22 |
| July 2025 | $1.04 | $1.17 | $1.26 |
| August 2025 | $1.03 | $1.07 | $1.13 |
| September 2025 | $1.04 | $1.19 | $1.22 |
| October 2025 | $1.05 | $1.07 | $1.24 |
| November 2025 | $1.03 | $1.13 | $1.25 |
| December 2025 | $1.04 | $1.15 | $1.17 |
| Year | Low Price | Average Price | High Price |
| January 2030 | $3.27 | $3.37 | $3.43 |
| February 2030 | $3.27 | $3.43 | $3.51 |
| March 2030 | $3.29 | $3.58 | $3.64 |
| April 2030 | $3.29 | $3.47 | $3.59 |
| May 2030 | $3.28 | $3.34 | $3.46 |
| June 2030 | $3.28 | $3.35 | $3.60 |
| July 2030 | $3.27 | $3.31 | $3.57 |
| August 2030 | $3.28 | $3.33 | $3.64 |
| September 2030 | $3.27 | $3.43 | $3.48 |
| October 2030 | $3.28 | $3.51 | $3.54 |
| November 2030 | $3.27 | $3.40 | $3.46 |
| December 2030 | $3.28 | $3.38 | $3.50 |
What are the Reasons behind the Price Rise of XRP?
This year will see the prices of XRP crossing $1, a major upsurge from the price triangle in which it was locked since 2021.
A determining factor of the price of XRP is the outcome of the lawsuit between Ripple and the Securities and Exchange Commission (SEC) of the USA. If Ripple wins the lawsuit, the prices may see an upsurge of up to $1.8.
The ease of doing crypto businesses will increase after the expected regulations by the US Senate in favor of cryptocurrency trade. The rumors that XRP is going to be upgraded to an exchange-traded fund (ETF) also fuel the skyrocketing of its price.
What are the factors that distinguish XRP from other cryptocurrencies? Despite the magnanimity of cryptocurrency majors such as Bitcoin, what makes XRP different is the speed and ease of transactions on the platform with a lower transaction fee.
XRP is very fast compared to Bitcoin; it will complete a transaction within 4 seconds but Bitcoin’s model of transaction is more time-consuming. XRP can approve 1500 transactions per second while Bitcoin can only approve 2.5 transactions per second.
When compared to Bitcoin, XRP is actually 600 times faster. The transaction fee on the XRP ledger is also very low at approximately $0.000001 whereas for bitcoin, it is on the higher side at $0.50-$1.00 per transaction.
Also, Read: XRP Price Prediction 2024 To 2030
Conclusion
Analysts and price predictors are optimistic about the price surge of XRP, and it is not just hype. It can materialize if the related market conditions also become favorable as predicted.
In short, XRP is a prospective crypto investment in the future. However, you should be mindful of the general volatility of cryptocurrencies and should make investment decisions only after thoroughly considering the price performance and on-chain developments.
