Bitwise Sets Ambitious XRP Price Target of $29.32 by 2030

Recent forecasts, particularly from Bitwise, have reignited discussions around XRP's future, especially with the impending approval of a U.S.-based XRP ETF.

Recent forecasts, particularly from Bitwise, have reignited discussions around XRP's future, especially with the impending approval of a U.S.-based XRP ETF.

As the market buzzes with speculation, all eyes are on how this key regulatory milestone and ongoing bullish trends could shape XRP's potential for massive growth.

Bitwise’s projection for XRP's potential price surge has certainly captured the attention of crypto enthusiasts and investors. According to the fund manager, XRP could see its value soar to $29.32 by the end of this decade.

However, this bullish forecast isn’t without its conditions. To reach this price, XRP would need to gain significant traction in the payments and tokenization sectors.

Technical analysis signals a major XRP breakout by March 30, with targets from $3.80 to $29.32 by 2030. Source: MoneyCheck via X

“XRP needs to capture a meaningful portion of the tokenization market, especially in real-world asset applications, to see such a dramatic rise,” stated a Bitwise spokesperson. If XRP successfully secures its place in this market, the growth in its market cap would be substantial, bringing it closer to a $29 price tag.

In Bitwise’s “maximum scenario,” XRP's market cap would reach an astounding $2.9 trillion by 2030, outpacing the current market cap of tech giant Microsoft.