Best Ripple’s XRP Price Predictions 2020, 2021 & 2025

With 2019 almost behind our backs, it’s only natural to wonder what 2020 will look like for the world’s most popular cryptocurrencies. In this article, we will be focusing on XRP — currently the top 3 cryptocurrency by market capitalization.

With 2019 almost behind our backs, it’s only natural to wonder what 2020 will look like for the world’s most popular cryptocurrencies. In this article, we will be focusing on XRP — currently the top 3 cryptocurrency by market capitalization.

If you’ve been following Ripple’s XRP price lately, you would know that 2019 wasn’t particularly a great year for the coin. Unlike Bitcoin — which is set to end the year on the green side — XRP started 2019 at a quote of $0.35 and now hardly holds above $0.20. But… is it the right time to buy XRP?

In order to understand the price of Ripple, it’s vital to look at the underlying value of this particular coin, as well as its primary characteristics and features.

What is Ripple?

First off, let’s start by speaking properly. Ripple isn’t the same as XRP. Ripple is a private company building a real-time payment, exchange and remittance network on top of a distributed ledger database, the XRP ledger.

Ripple was born in 2004 when Ryan Fugger sketched the first prototype of a decentralized payment system under the name RipplePay. In 2005, the system was initially launched with one goal: offering reliable payment solutions within a global network.

Jed McCaleb and Chris Larsen took over the company in 2012 and rebranded it as OpenCoin. From that moment, the project started to focus on developing a protocol to provide payment solutions for banks and major financial institutions. Three years later, the company returned to its original and current name, Ripple.

In 2019, Bank of America confirmed a collaboration with Ripple’s XRP Ledger to test the distributed ledger technology on cross-border payments.

A recent BoA report openly recognized the value of Ripple’s technology:

Bank of America isn’t the only financial institution testing out this technology. Spanish banking giant Santander also announced a remittance system to cover the busy US-Mexico powered by Ripple’s technology.

“At the other end of the spectrum, many Mexicans are sending I think $35, $36 billion every year from the US to Mexico. We are launching a fast, competitive remittances program initially just from the Santander branches to any bank in Mexico,” Santander Spokesperson Ana Botin told Bloomberg.

Santander is implementing Ripple as an alternative to the long-lived Swift system. Reports point out that over 300 banks and payment systems have started trialing Ripple’s xCurrent and On-Demand Liquidity (ODL) in 2019.

What is XRP?

Despite being only second to Bitcoin (BTC) and Ethereum (ETH), many people still aren’t aware of XRP and its origin. Ripple’s ecosystem for instant, low-cost cross border transactions uses its token XRP to move funds across the world.

Ripple has issued 100 billion XRP tokens. While the company now insists that there will never be more XRP out there, there’s no technical impediment.

The price of XRP is clearly affected by the adoption of Ripple services by major institutions. Yet, it’s worth mentioning that XRP is totally independent of the Ripple network, meaning banks that want to use the XRP ledger for remittance services don’t actually need XRP to transfer dollars, euros, rubles, etc.

Pros & Cons of Ripple’s XRP

XRP was conceived as coin that smoothes financial transactions, not as an investment. In other words, it serves as a tool within a B2B network.

Pros of Ripple’s XRP

1. Ripple’s infrastructure

The XRP protocol is led by xRapid, which enables cheaper and faster solutions than its competitors. Also, Ripple’s solid protocol makes it a highly scalable product.

Ripple’s transaction speed stands at 1500 Transactions Per Second (TPS), which is way faster than 8 TPS handled by the Bitcoin blockchain.

2. Supported by big players

Who’s behind Bitcoin? Satoshi? Who’s Satoshi? You get the idea. In most cases, there are no companies behind cryptocurrencies, which can be either good or bad. For XRP, being the token of the Ripple ecosystem isn’t necessarily a bad thing at all.

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As previously outlined, big banks and payment systems are already trusting Ripple and its technology to run cross-border payments, remittances, etc. This rising trust on Ripple’s services positively impacts the token’s overall performance.

3. Low price, huge market cap

While Ripple’s XRP isn’t meant to be an investment vehicle, you can still put money on it. After all, it only costs a few cents (for now). The low price makes a perfect entry point for small and middle size investors that can’t afford to buy huge sums of Bitcoin or Ethereum.

Another thing to keep into account is XRP’s market capitalization. Ripple has showed less volatility than other mainstream cryptocurrencies, making a more resilient investment even on the worst days for trading digital assets.

Cons of Ripple’s XRP

1. Slow adoption

Ripple’s XRP isn’t a new coin. It has been around for quite a while now. Yet, the adoption of Ripple services hasn’t been massive. The number of large financial institutions testing out Ripple services remains limited, but there’s no doubt it’s making its way in the industry.

Unquestionably, Ripple’s XRP would benefit massively if banks and other financial players start conducting payments in XRP. To turn that into a reality, more infrastructure, technological improvements and a far wider acceptance is required.

2. Regulatory framework

Okay, let’s be fair. This isn’t really a disadvantage of Ripple’s XRP. It’s something all cryptocurrencies have to (unfortunately) deal with nowadays. On the bright side, Ripple has faced numerous misconduct lawsuits over the years, and won every single one of them.

Ripple XRP Price Prediction 2020

The 2019 cryptocurrency market marked the end of the so-called “crypto winter”, and opened the doors to a slow recovery face for most cryptocurrencies, especially Bitcoin. However, Ripple’s XRP began at nearly $0.35 and declined consistently as the days passed by without notorious jumps except for the mid-year rally pushed by Satoshi’s currency.

With Bitcoin’s halving event scheduled in 2020, the market is expecting a recovery that will likely positively affect all coins, Ripple included. For the first quarter of 2020, volatility could be high, with plenty of ups and lows as market participants digest the big event. 

Apart from Bitcoin’s performance, which could possibly attract more people onto the crypto market, another factor that would play a major role in Ripple’s price dynamic is institutional interest. Additional partnerships with big banks and financial institutions could push XRP to around $1.40-1.50 as it approaches the end of 2020.

To estimate the future price dynamic of XRP, we’ve compiled the opinions and predictions of renowned figures and publications in the cryptocurrency market:

#1 Roman Guelfi XRP Price Prediction

Cryptocurrency expert Roman Guelfi has painted a promising prediction for Ripple, emphasizing that the number of big projects involving XRP is rapidly increasing. He strongly believes in the correlation between the adoption of Ripple’s technology and XRP price.

#2 Ripple Coin News XRP Price Prediction

One of the leading Ripple news sites estimates the XRP price for 2020 will reach levels above $8 dollars, and find strong resistance around $10. Again, the idea behind the growth of this cryptocurrency is mainly linked to new partnerships and the development of new technologies that enhance the already existing line of Ripple services. 

#3 Investing Haven XRP Price Prediction

Crypto prediction site Investing Haven is among focused entirely on providing price predictions for all digital assets. Ripple’s XRP is not an exception. The site remains on the bullish side, expecting to see Ripple at around $20 by 2020.

#4 UsLifted XRP Price Prediction

UsLifted, another prominent crypto analysis site, provides a more precise outcome for Ripple’s coin, pointing at a bullish $22.79 with a circulating supply of 38,739,145,924 XRP.

#5 D.Y.I. Investing

A renowned cryptocurrency trader known as ‘D.Y.I. Investing’ on Twitter has shared his private thoughts on the immediate future of XRP. In his view, Ripple’s coin might enter in a bullish cycle in 2020, leading the price to an upward extension up to $28.

Ripple XRP Price Prediction 2021

Rating agency Moody’s estimates that blockchain standards will expand by 2021. With XRP maintaining or improving its current position in the market, it’s viable to see movements above the $2 mark, especially if institutional interest continues to increase.

Ripple XRP Price Prediction 2025

Algorithmic analysis points at XRP approaching the $4.50 level in 2025. From a fundamental perspective, Ripple’s XRP development might have to find support on further institutional adoption worldwide. Aside from partnerships in the United States, more deals in Europe and the Latam regions could boost the price evolution.

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