Analyst Predicts $3,380 XRP Using This Model

Key Points

1. Analyst 'Future XRP' projects XRP could hit $3,380, a 1,500x increase from its current price, based on the XRP Ledger's potential to handle massive transaction volumes.

2. Ripple CEO Brad Garlinghouse predicts XRP could capture up to 14% of SWIFT's transaction volume within five years, boosting its utility.

3. The model suggests 5,000 XRP could be worth $16.9 million if the price reaches $3,380, though critics argue the assumed transaction velocity of 10 is too low compared to traditional systems like SWIFT.

4. Grok 3 AI analysis deemed a $3,380 price an outlier but considered $200-$1,000 plausible, noting extreme targets would require significant global financial disruptions.

5. Competition from networks like Stellar and Ethereum-based stablecoins, as well as regulatory and adoption challenges, could impact XRP's growth trajectory.