Can the XRP price realistically jump to $10 in 2024?
The XRP price has staged a strong recovery this month, making it one of the best-performing top ten cryptocurrencies.
Ripple (XRP) peaked at $1.6305 last week, rising 324% from its lowest point this year and pushing its market cap to over $81 billion. This valuation surpasses major global firms like Deutsche Bank, Marriott International, and BP.
With XRP’s bullish trajectory, analysts have shared optimistic forecasts. Edo Farina, a long-term Ripple supporter, predicted in an X post that the coin could surge to $10 during this bull run.
He cited fundamental catalysts, including expectations that Donald Trump’s victory could resolve Ripple’s ongoing conflict with the Securities and Exchange Commission will be over next year.