Various crypto analysts have not stopped predicting what could be the fate of XRP in the near and long term. The coin, which started to move again following Trump’s victory in the presidential election, has proven to have a strong community backing, evidenced by its price resilience at some key levels amidst its issues with the SEC.

Now that the price has shown some positive moves in recent times, some analysts think the current activity around $2 is just the starting point, as the Ripple token could be worth as high as $100.

In a 10-minute-long YouTube video, crypto analyst Andrei Jikh shared his detailed analysis of XRP’s potential to reach the ambitious price target of $100. With over 2.5 million subscribers, Jikh’s perspective on cryptocurrency trends carries significant weight in the crypto community.

Despite his usual hesitancy toward price prediction videos, Andrei Jikh decided to break down the possibilities for XRP’s future value, citing growing interest from his audience. The popular YouTuber approached the topic with a balanced perspective, acknowledging the speculative nature of price predictions while focusing on concrete developments in the XRP ecosystem.

One of the most compelling points in Jikh’s analysis centers on the significant adoption of XRP in Japan. According to a NASDAQ report highlighted in his video, approximately 80% of Japanese banks are planning to implement XRP for global payments by 2025.

As Jikh explains, Japan’s position as a technological powerhouse and crypto-friendly nation makes this development particularly significant for XRP’s utility as a bridge currency in international transactions.

Jikh draws attention to the potential impact of XRP ETFs on the token’s value. Several major financial institutions have filed for XRP ETF approval, which could open the doors for traditional investment through conventional brokerage platforms.

However, the YouTuber maintains a balanced perspective, noting that ETF approval doesn’t guarantee price appreciation, citing Ethereum’s relatively stable price post-ETF approval as an example.

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In his analysis, Andrei Jikh emphasizes the significance of Ripple’s integration with the SWIFT payment system.

He provides context by comparing the $150 trillion annual transaction volume of SWIFT to other economic metrics: it’s 1.4 times larger than the global GDP and 12 times the value of all mined gold in history. This massive market potential, according to Jikh, represents a significant opportunity for XRP.

The video delves into XRP Ledger’s technical capabilities, with Jikh highlighting its ability to process over 1,500 transactions per second at minimal costs.

He also discusses the introduction of Real USD, Ripple’s stablecoin, and its potential impact on everyday transactions and remittances.

When addressing the specific $100 price target, Jikh presents a measured analysis. He calculates that such a price would require a market cap of approximately $5.7 trillion—roughly triple Bitcoin’s current market cap. While acknowledging this as a challenging target, he suggests it’s not impossible given sufficient institutional adoption and technological integration.

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Jikh concludes his analysis with important risk considerations, including concerns about centralization and recent technical challenges like the XRP ledger’s block halt. He draws an interesting parallel with Bitcoin historical price journey, noting how seemingly unrealistic price predictions became reality as underlying assumptions proved correct over time.

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The post Ripple (XRP) Will Soar to $100, Says Popular Crypto Analyst—Here’s Why appeared first on CaptainAltcoin.

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