Could Ripple's XRP Reach $100: A Likely Occurrence or an Unrealistic Goal?

Prominent social media figure, John Squire, recently presented several reasons why Ripple's XRP could potentially reach $100, despite the crypto's current market cap of around $10 trillion. Squire emphasizes XRP's liquidity as a key factor, stating that minor capital inflows could yield significant results.

He also claims that a mere 5% of XRP is actively traded, with the remainder locked or held by investors, which could lead to price surges when demand increases. Furthermore, Squire cites XRP's utility, including its use by banks and institutions and its expanding ecosystem, as potential drivers for growth. However, he reminds followers that his statements aren't financial advice and encourages independent research.

Meanwhile, Standard Chartered predicts XRP could reach $12.50 by 2028, supported by potential ETF approvals and increased adoption.