Alex Cobb, a popular XRP community OG, has stirred fresh optimism with a bold projection that places XRP at two digits by the end of this year.
Backed by technical and macroeconomic factors, Cobb argues that XRP’s long consolidation phase and favorable regulatory developments are setting the stage for a historic breakout.
Long Consolidation Is Strength, Not Weakness
Cobb cited XRP’s multi-month price structure as a major reason for his confidence. He emphasized that XRP didn’t rally to a swing high of $3.40, consolidate for several weeks, and successfully retest a key support level, only to fall back to $0.60.
His statement aims to dismiss widespread calls for a major XRP retracement since the coin touched $3 in January. For instance, trader Crashius Clay once boldly asserted that XRP would “dump the hardest” among prominent crypto assets, disclosing his short position. Other analysts have even projected a likely drop below $1.
However, these bearish predictions have yet to materialize. The April tariff-related FUD, which sent broader crypto markets tumbling, failed to break XRP’s structure.
Cobb emphasized that the weight of pessimism at the time should have crushed XRP’s price. For context, the U.S. stock market lost $10 trillion in days, while Bitcoin tanked to its lowest point of the year at $ 74K.
Meanwhile, XRP dipped to $1.61 and has since rebounded above $2.50 as of today. According to Cobb, this rebound signals that the downside risk has already been tested and rejected. As a result, he expressed strong conviction in XRP’s strength and performance for the remainder of this cycle.
Regulatory Clarity and Institutional Green Lights
Another factor bolstering his optimism is the emerging trend of regulatory green lights for crypto assets. Major agencies, including the FDIC and Federal Reserve, have lifted previous restrictions on banks’ engagement with crypto.
Cobb believes this marks a turning point for XRP. With regulators signaling approval and infrastructure improving, banks and institutional investors are now poised to “play ball,” he said.
Trump’s Support for XRP
Perhaps most notably, Cobb highlighted political backing for XRP as a game-changer. President Donald Trump, in March, mentioned XRP by name and suggested its possible inclusion in a U.S. national crypto stockpile.
Such recognition from the highest tier of government adds weight to the narrative around XRP. As a result, even longtime XRP critics like Davinci Jeremie have suggested the token could rise to $24 this year.
On-Chain Ecosystem and Ripple’s Strategic Moves
Meanwhile, Ripple is also fueling bullish momentum with what Cobb describes as “aggressive acquisitions.”
Notably, the company acquired Hidden Road for $1.25 billion last month. This prime broker will migrate its post-trade transactions to the XRP Ledger.
Cobb also cited hints that Ripple may be pursuing a new acquisition deal with Circle, the second-largest stablecoin issuer behind Tether. He sees all these developments as bullish for XRP.
Also, RLUSD activity, increased total value locked (TVL) from automated market makers (AMMs), and meme coin participation are boosting network activity. They position the XRP Ledger as a rising DeFi and liquidity hub.
Targeting $11.34 by End of 2025 with Room for More
Cobb, an XRP holder since 2017, believes the stars are aligning. In his words, all the puzzle pieces are coming together “for the perfect XRP price explosion.”
His conservative price target stands at $11.34 by the end of 2025. Since he considers this a minimum, he sees the potential for even higher valuations if institutional capital floods in.
DisClamier: 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 opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
