What’s the Future of the Ripple (XRP) Coin?

Monday June 15, 2020

Unlike most entities which back cryptocurrencies, Ripple is a company. This fact and/or the tight relationship Ripple has with traditional finance has polarized the cryptocurrency community. So where will Ripple (XRP) go in the future?

Price Predictions for Ripple (XRP)

CoinSwitch forecasts that Ripple may end the year 2020 at around $1.20. The prediction states that competitors such as Litecoin and Dash may provide trouble for Ripple. CoinSwitch notes that Cobalt is expected to be launched in 2020 and has the potential to decrease the transaction time from 4s to 1s. Cobalt has been put on hold many times and it is unclear when it will actually get implemented.

By 2021, CoinSwitch feels that Ripple may reach $2. CoinSwitch predicts $3 in 2023 and around $4.52 in 2025.

WalletInvestor predicts that Ripple will reach $0.46 in 2020, $0.58 in 2021, and $2.32 in 2025. WalletInvestor calls Ripple a bad long-term investment. Changelly’s prediction for the price of Ripple (XRP) in 2025 is identical to that of WalletInvestor. Cryptoground predicts a price of $1.0147 in 2022 and $1.9422 in 2025.

DigitalCoin sees the price of Ripple nearly doubling to $0.3836 in 2020, then rising by 15-25% from 2021 to 2023, then falling in value in 2024 from $0.6727 in 2023 to $0.5803 in 2024. The prediction for 2025 is $0.86608.

DailyCoin’s XRP Price Prediction mentions the Bitcoin halving that took place in May 2020 and the increasing institutional interest in Ripple and summarizes several different price predictions.

Is Ripple (XRP) a Good Investment?

Unlike many cryptocurrencies, Ripple (XRP) is beginning to show signs of fundamental value. Ripple is led by people with many years of experience in the financial sector. These people know how to build relationships with financial entities and this ability to establish relationships is bearing fruit every day. It manifests itself in the many remittance agreements the company has made with financial institutions all over the world.

As mentioned in the DailyCoin analysis, the correlation between Bitcoin and altcoins is strong. So, the halving event that occurred in May should increase the price of Bitcoin and consequently Ripple. Institutional interest as well is increasing. The traditional financial system is expensive and slow. Ripple is seen as a way to fix both of these issues.

Risks to Ripple include the increasing interest among central governments to develop digital currencies. China is one nation that is already planning to trial a new digital currency in four major cities. It would be the first digital currency launched by a major economy. However, if these digital currencies become as localized as their analog counterparts, Ripple may yet be able to provide a unique value proposition.

With several advantages pushing Ripple in an upward trajectory, Ripple is a good investment. Ripple may be one of the first cryptocurrencies to deliver true fundamental value on a wide scale.


CoinSwitch’s prediction of $2 for 2021 may be overly optimistic. WalletInvestor’s $0.46 and $0.58 are closer to what will probably happen with Ripple. Many cryptocurrencies are getting attention from financial entities as investments, but Ripple is getting attention for the actual value that they can provide. That regard for the value proposition of Ripple from financial luminaries has the potential to strengthen Ripple’s fundamentals and should give pause to anyone looking for a good cryptocurrency investment.