Top crypto angel investor Dennis Liu, widely known in the space as VirtualBacon, believes XRP could realistically reach $10 in 2025 but only under specific conditions.
Following a decisive end to the SEC lawsuit and a series of major developments for Ripple, Liu argues this cycle is fundamentally different. He emphasizes that XRP has already surpassed its previous highs. However, unlike in past rallies, this move is driven by real-world momentum and regulatory progress.
Liu also pointed out that Ripple’s settlement with the SEC, which included a $50 million fine, marked the end of a long-standing legal overhang. In addition, he noted that the passage of the GENIUS Act has brought greater legal certainty to the market.
Spot ETF, Ripple IPO, and Banking Ambitions Spark a Bullish Outlook
According to Liu, the odds of U.S. approval for a spot XRP ETF now stand at 95%. Over 11 filings are under review, and XRP futures are already trading on the CME and NYSE. Bloomberg analysts expect approval by October.
Simultaneously, Ripple has applied for a U.S. banking license, and some speculate that the company is preparing for a high-profile IPO. Furthermore, Ripple’s RLUSD stablecoin positions the firm to compete directly with Circle, especially under evolving U.S. regulations.
Liu believes these developments signal that institutions are finally ready to engage with XRP in a serious way.
Search Volume Surges as XRP Overtakes Bitcoin and Ethereum Online
XRP’s growing visibility is another bullish indicator. According to Liu, XRP recently surpassed Bitcoin in global search interest across both Google and YouTube. Ethereum, by comparison, trails significantly, especially on YouTube, where XRP’s search volume exceeds it by a factor of ten.
He views this as a sign of surging retail curiosity and global awareness, the kind of attention that often precedes explosive market moves.
Liu also mentioned that he deployed an XRP trading bot when the token was around $2.70, setting a range between $1.45 and $6. The strategy is already up 48%, reinforcing his view that this momentum is part of a much larger breakout.
3/x $XRP just overtook #Bitcoin in global search interest on both Google and YouTube.
Even #Ethereum is 10x behind on YouTube search volume.
Whether you love or hate $XRP, it’s the most-watched coin in the world right now. pic.twitter.com/41F30HsNGi
— VirtualBacon (@VirtualBacon0x) July 18, 2025
The Case for $10 and Why $20 Is Unlikely This Cycle
Based on historical ratios, Liu projects that XRP could reach $4.50 to $5 by August 2025, particularly if Bitcoin climbs to $140,000.
To hit $10, XRP would need to achieve a BTC ratio of 0.000066, a level last seen during the extreme euphoria of late 2017. While Liu acknowledges this is a stretch, he believes it’s possible if the crypto market enters a full-blown mania phase.
At $10, XRP would command a $592 billion market cap, potentially surpassing Ethereum and regaining 11.8% market dominance.
However, Liu is clear that a $20 target would require XRP to reach 23.6% dominance, something he deems unrealistic in light of competition from Solana, AI tokens, meme coins, real-world assets (RWAs), and stablecoins in the current cycle.
XRP May Be Controversial, But It’s Also One of the Most Watched
Liu cautions against unrealistic hype, including false rumors about a SWIFT partnership. However, he argues that XRP has never been better positioned.
With the SEC case resolved, institutional support rising, and retail sentiment surging, XRP may be headed for one of its strongest market cycles ever.
He concludes that while $10 is possible under euphoric market conditions, a $4.50–$5 target is more grounded. For investors, Liu warns, this may be the cycle not to ignore one of the most divisive and most resilient coins in crypto.
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.
