The current price of the cryptocurrency has been highlighted by a range around $2.5 for the last three days. However, this low price has not deterred the idea of an extravagant price for the cryptocurrency from remaining in the hearts of optimistic traders and enthusiasts. In this context of growing confidence, a bold theory emerged from a cryptocurrency analyst suggesting that the cryptocurrency could skyrocket to $10,000. This extravagant price point is much higher than most forecasts based on technical analysis. Notably, this analyst relied on the fundamentals of XRP to illustrate a scenario where its price reaches this point.
The analyst, named Remi Relief, predicted that XRP could reach $10,000 between 2027 and 2030, due to widespread adoption in financial institutions and the full activation of its functionalities. In a post dated May 12, he clarified that the prediction did not depend on sudden events or institutional price setting, but on the natural outcome of XRP functioning at its full potential in global financial systems. However, he also stated that such a price point could manifest as early as 2026.
The theory of the cryptocurrency analyst is based on a future where XRP supports important financial operations at high fixed values in private networks. The most provocative element of the theory involves Ripple potentially setting a minimum price for XRP at $10,000, which would never be exceeded. In this scenario, if the price threatened to fall below this mark, decentralized technologies like Chainlink oracles and AI mechanisms based on IOTA would intervene to stabilize it through automatic trading. At the time of writing, XRP is trading at $2.40, with a decrease of 2.2% in the last 24 hours.
