Tom Lee, co-founder of Fundstrat Global Advisors, made several positive statements about XRP and Ripple, indicating expectations of significant growth in its value.
🚨Your Chance Now $XRP
🔮 Tom Lee's Predictions for XRP
Bold Price Predictions: In a recent statement, Tom Lee predicted that the value of XRP could rise to $10 or even $35 in the near future. These predictions were based on:
Technical Analysis: Strong chart patterns and indicators suggesting the possibility of a significant price surge.
Institutional Adoption: Increased adoption of XRP by major financial institutions.
Regulatory Clarity: Improved regulatory environment for cryptocurrencies, which may support the growth of XRP.
💬 Previous Statements about XRP
In 2018, Tom Lee indicated that XRP, along with Bitcoin and Ethereum, possesses 'survival power' in the cryptocurrency market, emphasizing the importance of patience and long-term investment in these assets.
📈 Impact of Economic Factors
In May 2024, Tom Lee noted that the success of the U.S. Federal Reserve in controlling inflation could lead to a significant inflow of capital into cryptocurrencies like Bitcoin and XRP, potentially driving their prices to new levels.
⚖️ Legal Developments
In March 2025, Ripple's CEO, Brad Garlinghouse, announced that the U.S. Securities and Exchange Commission (SEC) decided to drop its appeal in the case against Ripple, resulting in XRP's price rising by
12% to reach $2.52.