XRP Will Skyrocket Beyond $18: Analyst Suggests 800% Growth Potential In 2026
Alex Smith
1 month ago
Market expert Bird has recently issued a bold forecast for XRP, the fifth-largest cryptocurrency, suggesting that it could experience a major upside of 800% within this year. If this prediction holds true, XRP could reach a new all-time high of $18.40 per coin.
Forecast Indicates XRP Might Rival Ethereum
Birdâs forecast hinges on the XRP/BTC ratio, which he predicts will reach 1:5,000 by the end of 2026. This means that 5,000 XRP would be equivalent to 1 Bitcoin (BTC). Currently, the XRP/BTC ratio trades at approximately 0.00002235.Â
For Birdâs envisioned target to materialize, the ratio must increase to 0.0002 BTC per token, representing a substantial gain of around 794% from current levels.
With a total supply of 100 billion coins, this price projection implies an overall valuation of approximately $1.84 trillion for XRP. Such a figure would place the cryptocurrency in close competition with Ethereumâand striking distance of Bitcoinâs market cap.
Additional Price Scenarios For The Altcoin
Market expert Sam Daodu also outlined alternative scenarios for XRPâs future performance. In a base case, where the altcoin garners continued institutional support but doesnât close the gap with Bitcoinâs market capitalization, the price could range between $3 and $4.Â
This outcome would depend on exchange traded funds (ETFs) attracting a âfew billion in assetsâ while Bitcoinâs dominance falls to the 40â50% range during a broader altcoin rotation.
Conversely, there exists a bear case where macroeconomic challenges or obstacles within the crypto ecosystem could hinder XRPâs price growth. Factors such as geopolitical instability could redirect capital back to Bitcoin and gold, while banks might opt for private ledgers and established stablecoins instead of adopting XRP.Â
Monthly escrow releases from Ripple of 1 billion coins, accompanied by a potential diminishing exchange-traded fund demand, might cap any potential upside action for the cryptocurrency, leaving it to trade around its current trading prices of $2.
Featured image from DALL-E, chart from TradingView.comÂ
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