The famous analyst; "XRP may reach $880!"
Cryptocurrency analyst BarriC predicted in a post on the social media platform X that XRP could experience an unusual rise in the future. This forecast was surprising to the XRP community, which had been silent for a long time. According to the analyst, XRP could reach $100, $500, or even $1,000 with banks using it on a global level.
"If banks and financial institutions start using XRP as a funding tool, it will not be possible to acquire XRP at a cheap price again."
— BarriC
Background of the recent rise in XRP.
The price of XRP entered a notable upward trend, especially starting from November 2024. At that time, XRP was moving sideways at around $0.50 but launched a strong rally in a short period to reach $3.31 on January 18, 2025.
This rise was a price movement triggered by two important developments:
Donald Trump's reelection as President of the United States and giving signals of support for cryptocurrencies.
The SEC withdrew the lawsuits against Ripple, marking the end of a long-standing legal ambiguity.
After Trump's victory in the elections, pressure increased on SEC Chairman Gary Gensler and the lawsuits against XRP were quickly dropped. Following these developments, XRP's price nearly doubled within a few weeks.
But the rally did not last long.
Trade war tensions that began after the summit on January 18 and general market volatility led to a decline in XRP again. Currently, XRP is trading at around $2.40.
What do we know about the private XRP network?
There is a long-standing claim circulating within the XRP community: it is alleged that XRP operates on a "private ledger" (" and that some banks use XRP at higher prices on this private network.
Ripple officials confirmed that XRP is a public network in addition to a private network developed for central banks. However, there is no concrete evidence to support the claims that the price of XRP on the private network is higher. Therefore, these rumors are currently considered mere speculative content.
Is BarriC's prediction for XRP realistic?
Usage and liquidity create the greatest impact on XRP's price. If Ripple had already been adopted into the global payment infrastructure, the analyst BarriC's targets described as "fantastical" could be theoretically achievable.
However, it is useful to remind of some digital facts:
The rise of XRP to $100 means it would have a market value equivalent to double that of Bitcoin when calculated with the current supply.
If the level is $1,000, XRP's market cap would increase 20 times that of Microsoft, becoming around $55 trillion. That would be a very tough match with today's global financial realities.
That is, widespread use of Ripple in financial infrastructure could increase its price, but achieving targets like $1,000 requires an extraordinary shift on a large scale.
The outcome: Dream or reality?
BarriC's forecasts are just one of the possible scenarios in the cryptocurrency world. However, to achieve this scenario, not only is there a need for investor interest, but central banks and major financial institutions must adopt Ripple on a global scale. So far, these forecasts may seem overly optimistic, but we must not forget that anything is possible in the cryptocurrency world.
