Prominent YouTuber Altcoin Daily has unveiled his bullish target for XRP this season, projecting an over 700% surge for the altcoin.
In a recent post, the host of Altcoin Daily informed his over 1.6 million followers on X about his outlook for various crypto assets, including XRP. The post underscored the crypto pundit’s bullish aspiration for various altcoins, particularly when Bitcoin establishes an all-time high at $120,000.
At press time, the crypto market king trades at around $64,244, just 12.69% shy of its $73,750 ATH. Altcoin Daily expects to see BTC at $120,000 by next year, which he noted is his peak for the premier crypto. This target would mark an 86.78% growth from Bitcoin’s current price.
Meanwhile, the crypto commentator expects prominent altcoins like XRP, Ethereum (ETH), and Solana (SOL) to experience a more commendable price surge following Bitcoin’s entry to $120K.
Altcoin Daily Targets 730% Surge for XRP
His bullish target for XRP is the $5 price point by 2025. This would substantially mark a new history for the asset, considering its earlier ATH of $3.84. At the time of reporting, XRP exchanges hands at $0.6026, up 3% this week. Attaining $5 translates to an upswing of over 729%.
Notably, this $5 target by 2025 is consistent with the aspirations of conservative analysts in the XRP community. While this tier of market watchers believes it to be a more realistic projection for XRP in this cycle, the ambitious ones have proposed more than $300.
Targets 177% Surge for Ethereum
The Altcoin Daily analyst is eyeing the $8,800 threshold for Ethereum. ETH has tanked significantly in the last 24 hours, trading at $3,174, representing an 8% price collapse.
At this floor price, Ethereum is down 35.18% from its all-time high of $4,891. The altcoin market leader must advance by 177% to achieve a peak of $8,800 by next year.
In May, Geoff Kendrick, a researcher at Standard Chartered, argued that Ethereum would be headed for $8,000 after the U.S. regulator approved ETFs that would directly invest in the asset.
Remarkably, the approval emerged this week, and Ethereum spot ETFs recorded an impressive debut volume of over $1 billion. It remains to be seen how Ethereum’s price could double in the coming weeks.
Outlook for Other Altcoins
Other notable crypto assets for which Altcoin Daily revealed his 2025 bullish target include Solana ($720), Chainlink ($120), BNB ($1,800), and Cardano ($9).
Notably, the analyst has stressed that the outline figures should not be taken too seriously. He urged crypto enthusiasts not to make investment decisions based on his bullish outlook.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
