Ripple Co-founder’s Bullish Forecast: XRP on a Path to $10,000

Reported remarks from co-founder of Ripple Arthur Britto have heightened talk of an XRP price spike. Britto had an incredibly optimistic prediction for XRP, saying it would hit $10,000. A lot of people in the community are curious as to whether such a rise is possible.

Ripple Co-founder's Bullish Forecast: XRP on a Path to $10,000
Source: CNBC

Britto’s predictions for XRP were revealed by prominent crypto news account CryptoGeek (@CryptoGeekNews) on X. Britto’s opinion that XRP was intended to trade at $10,000 is depicted in the shared graphic.

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Britto also highlights the significance of global scalability in the piece, presumably to enable XRP to cater to the 7.5 billion people on the planet.

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But there isn’t a trustworthy source to support these assertions. Though they are spoken about a lot, Britto never ever made a forecast this audacious.

Britto doesn’t post anything on his X account and keeps a low profile. As a result, he is not well known as a co-founder of Ripple by most people. The company’s well-known founders are Jed McCaleb, Chris Larsen, and Brad Garlinghouse.

The first reference to Britto talking about XRP hitting $10,000 is found in a 2019 YouTube video, which purports to be a forecast he made back in 2017.

YouTuber Mark Collins highlights the need for more XRP liquidity in the video and implies that this might result in higher pricing. In order to cross the $10,000 threshold, he also sees the tokenization of other asset classes utilising XRP as a trigger.

Is XRP Able to Hit $10,000?

Beyond Britto’s unverified $10,000 estimate, there have been additional $10,000 predictions for XRP. According to well-known cryptocurrency expert Lord XRP (@Bitforcoinz), XRP at $10,000 is a reasonable price to reach.

Lord XRP based his forecast on the possibility that, should it emerge as the primary enabler of Central Bank Digital Currency (CBDC), XRP would be able to seize a larger portion of the payments market.

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By comparing their market capitalization, this projection makes a comparison between Ripple and well-known traditional payment companies like Western Union and SWIFT.

According to Lord XRP, XRP’s price may reach $10,000 if Ripple is able to capture a bigger share of the payments industry, which is presently worth at about $2.7 quadrillion.

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