XRP Price Prediction: The Price of XRP Could See a Dramatic Increase, Potentially Reaching $15

The price of XRP could see a dramatic increase, potentially reaching $15, according to financial analyst Zach Rector.

Financial analyst Zach Rector predicts that the price of XRP could see a dramatic increase, potentially reaching $15, as the approval process for a spot Exchange-Traded Fund (ETF) in the United States shows growing signs of success.

According to data from CoinMarketCap on April 10, XRP trades at $2.10 with a market capitalization of $122 billion. If we consider that 60 billion tokens are in circulation and the new market capitalization is $925 billion, then the price of the token could reach $15.

In order to understand how the market capitalization could grow so substantially, we can use the market cap multiplier model that indicates at what intervals new funding could grow market value.

According to JPMorgan estimates, the first year of operation of the spot exchange-traded funds that are planned to launch in 2025 could attract investments of $4 billion to $8 billion. However, analyst predictions place this figure closer to $4 billion.

According to Rector’s analysis, a $4 billion influx generates a 200x market cap multiplier, which translates to an $800 billion growth for XRP market capitalization.

Earlier this year, three major financial institutions – Grayscale and Ark Invest, and VanEck – submitted applications to the U.S. Securities and Exchange Commission (SEC) for spot XRP exchange-traded funds (ETFs).

Moreover, Franklin Templeton announced its XRP exchange-traded fund application with more than $1.5 trillion in assets under management in March.

These filings suggest that the approval could happen soon, possibly within the next quarter or, at the latest, by the end of 2025.

If the SEC approves an XRP ETF, it will allow institutional investors to gain exposure to XRP through a financial product that is likely to generate substantial demand.

A favorable ruling from the SEC would be a turning point for XRP, as it would provide much-needed regulatory clarity and remove one of the primary obstacles to widespread institutional adoption.

In addition, the future of XRP will depend largely on the SEC’s decision regarding the approval of an XRP ETF.

Analysts are also keeping an eye on the ongoing court case between Ripple Labs and the SEC. A favorable verdict for Ripple in this litigation will generate more investor trust in XRP going forward.

This will also enable Ripple to forge more collaborations with financial institutions as they advance the integration of their SWIFT banking system.