Alex Cobb, a well-known XRP commentator, has suggested that double-digit price levels for XRP are no longer a meme or a far-fetched idea.
Instead, they have become a matter of firm conviction regarding their potential reality. XRP is currently trading above $3 and gaining momentum. About a year ago, it was trading below $1, specifically around $0.50. Then, calls for $10 or higher were often dismissed as fantasy or overly optimistic.
However, with recent price action, the idea of XRP entering the double-digit price range is gaining traction among traders, analysts, and long-term holders, especially with major catalysts aligning.
This perspective aligns closely with recent analysis from angel investor Dennis Liu (VirtualBacon), who outlined how XRP could realistically reach $10 in the current market cycle under favorable conditions.
XRP Fundamentals Are No Longer Just Hype but Real
Dennis Liu’s case for a double-digit XRP is rooted in fundamentals. He points to several major developments that have significantly altered XRP’s trajectory.
Specifically, he cited that the SEC lawsuit has been resolved, XRP has been clarified as a digital asset rather than a security, and spot XRP ETF approvals are looking increasingly likely, with over 11 filings already submitted.
Moreover, Ripple has applied for a U.S. banking license, which could dramatically boost institutional trust and visibility for XRP. According to Liu, these developments are “not hopium,” but tangible signs that XRP is now operating within a supportive regulatory framework.
Market Structure and Momentum Are Supporting the Case
In addition, market dynamics are playing a role as well. Retail interest in XRP has spiked to the point of surpassing Bitcoin and Ethereum in global search volume.
Liu noted that XRP is now the most-watched coin in the space, and its XRP/BTC ratio is beginning to rebound.
He initially forecasted a $5 XRP by August 2025, but explained that if Bitcoin reaches $140,000, a $10 price target for XRP is within reach. At that valuation, XRP would match the market caps of companies like Tencent and Netflix.
Still a Stretch, But No Longer a Joke
Notably, XRP only needs a 190% surge from today’s price of $3.45 to hit $10. For context, during its price run last November, the coin surged by nearly 600% in just 12 weeks.
Given that kind of explosive growth in a short time frame, many now see the journey toward double digits as increasingly plausible. Some analysts have even floated $20, $50, and $100 as potential peak prices for XRP this cycle.
While critics warn of inflated expectations, Cobb, Liu, and other influencers agree that $10 is no longer outlandish.
Essentially, what was considered a “meme price” last year is now supported by a combination of institutional adoption, ETF momentum, and Ripple’s strategic initiatives.
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.
