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FTX Reveals Next Repayment Date to Fully Compensate Large Creditors

Lele Jima
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FTX Reveals Next Repayment Date to Fully Compensate Large Creditors

FTX creditor representative Sunil Kavuri has provided a new update on the next distribution of claim payments to creditors of the defunct crypto exchange. 

Recall that FTX commenced the distribution of funds to eligible users on February 18, 2025, starting with small creditors with claims under $50,000. 

According to Kavuri, FTX paid creditors in this category (those entitled to claims under $50,000) 120% of their initial claim value. This indicates that creditors received a 20% premium on their original claim value. 

Afterward, FTX commenced the second round of repayments on May 30, 2025, distributing $5 billion to creditors with claims over $50,000. The exchange distributed the funds within three business days of May 30. However, creditors with claims exceeding $50,000 received only 72.5% of their initial claim value. 

Next Payment Schedule 

Notably, Kavuri has disclosed the next repayment date for the remaining 27.5% of claims to large creditors. According to him, the upcoming distribution is expected to take place in Q4 2025, specifically from October to December. Additionally, he suggested that the repayment schedule could be extended to 2026 or 2027. 

This repayment will ensure that creditors with claims exceeding $50,000 receive 100% of their claim. Besides the claim value, these large creditors are also entitled to post-petition interest, which totals 40% to 80%. 

FTX’s Epic Collapse and Repayment Efforts

This ongoing repayment schedule comes more than two years after FTX’s collapse in November 2022. The exchange declared bankruptcy, with key executives sentenced to several years in prison. 

Specifically, a federal court in New York sentenced FTX founder Sam Bankman-Fried (SBF) to 25 years in prison due to his role in mismanaging users’ funds, leading to the exchange’s downfall. 

The court subsequently sentenced other executives, including Alameda Research CEO Caroline Ellison and FTX Digital Markets CEO Ryan Salame, to two and seven-and-a-half-year jail terms, respectively. 

Since the epic failure of FTX, the exchange has been working to reimburse users, with repayments commencing earlier this year. Despite FTX’s efforts, many have criticized the disbursement process for valuing users’ claims at token prices as of the time of the bankruptcy filing in late 2022. 

It is worth noting that crypto prices have soared significantly ever since. For instance, Bitcoin, which traded around $20,000 in late 2022, has rallied more than 400% to over $100,000. 

Robert Kiyosaki Buys More Bitcoin, Says He’d Rather Suck Than Be a Loser When Bitcoin Hits $1M

Elendu Benedict
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Robert Kiyosaki Buys More Bitcoin, Says He’d Rather Suck Than Be a Loser When Bitcoin Hits $1M

Rich Dad Poor Dad author Robert Kiyosaki has increased his Bitcoin stash, insisting he is preparing for BTC at $1 million.

Kiyosaki spent over $100,000 today to buy a whole Bitcoin, yet he believes it is a worthwhile investment. He disclosed this in a July 1 tweet, suggesting he would rather take the risk than miss out on buying an asset primed to reach seven figures in the future.

I’d Rather Suck Than Be a Loser: Financial Author

Bitcoin continues to trade above $100,000, currently at $106,784, as of the time of writing. Market observers have varying sentiments about this price, with some suggesting it is a premium and others a bargain.

Whatever it is, Kiyosaki wants to find out by taking a risk and buying Bitcoin. He emphasized that while he might be wrong about Bitcoin, his wealth of experience has taught him a lot about such investments. According to Kiyosaki, if BTC fails to reach $1 million, he might receive the branding of a sucker.

However, he insists he would rather suck than become a loser when he misses Bitcoin’s impending rally to $1 million. This, he believes, is well within Bitcoin’s capabilities. As a result, he projected that the crypto leader would trade at the price mark one day.

Meanwhile, from Bitcoin’s current price of $106,784, a rally to $1 million would culminate in a staggering 836% growth. Remarkably, Kiyosaki had earlier predicted that Bitcoin would reach this level by 2030.

Nonetheless, he advised due diligence, urging investors to think for themselves rather than make financial decisions based on his “ramblings.” Notwithstanding, his experience and guts tell him Bitcoin could set people on a journey of financial freedom.

$1M per BTC a Commonplace

Predictions of a Bitcoin surge to $1 million have become a common expectation among enthusiasts. To many, it is more of a matter of when rather than if Bitcoin can hit the ambitious price level.

Meanwhile, several analyses suggest different timelines for this seven-figure price. Binance’s Changpeng Zhao predicted it could happen this cycle but suggested an extended bull cycle. Brandon Green suggested that it would occur during the winding-down stages of Donald Trump’s tenure, specifically between late 2026 and early 2027.

However, Cathie Wood’s Ark Invest predicted that Bitcoin would reach $1 million by 2030. The analysis even asserted a base case of $1.5 million and an ambitious $2.4 million under bullish market conditions.

Pundit Says Most Money He’ll Ever Make Will Come from Holding XRP to $100+

Abdulkarim Abdulwahab
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Pundit Says Most Money He’ll Ever Make Will Come from Holding XRP to $100+

Crypto founder Edoardo Farina has issued an ambitious outlook regarding his XRP investment, stating that $100 or more in XRP would yield him the most money ever.

In a recent post on X, Farina stated that the greatest financial gain he expects to achieve will come from holding XRP until its value surpasses $100.

The statement generated attention among XRP holders and critics, given the extreme nature of the outlook. With XRP currently trading around $2, a surge to $100 would represent an increase of over 4,900%.

Making Money with XRP at $100+

Pundits like Farina often cite this price point as a potential threshold for financial freedom. It forms the basis of his repeated calls for investors to hold at least 10,000 XRP tokens. This amount would place investors in the millionaire class if XRP reaches $100 per coin.

Several factors influence this outlook. Some are bullish due to XRP’s fundamentals, while others draw confidence from XRP’s historical performance.

For example, crypto wealth mentor Linda Jones reflected on her early investment, noting that $100 bought 400 XRP at $0.25 each back in January 2021. Today, with XRP trading at $2.18, that same $100 would buy fewer than 50 tokens, highlighting the asset’s significant price growth.

Jones believes this trend will continue. Specifically, she predicted that in the future, $100 might buy just one XRP token, implying a price above $100. 

However, the journey to $100 and the required market cap of approximately $6 trillion leads many to call such ambitions unrealistic.

Meanwhile, proponents are drawing inspiration from Bitcoin’s trajectory to support their bullish XRP outlook. Altan Tutar, founder of MoreMarkets, recently sided with XRP enthusiasts on their bold forecasts.

Tutar noted that if Bitcoin can reach $100K, then XRP has grounds for similar price performance. While he didn’t explicitly endorse the $10,000 figure, he acknowledged that the XRP community’s belief mirrors the early optimism once held for Bitcoin.

More Money from Shorting Bitcoin to $5,000?

Meanwhile, proponents like Farina are bullish on XRP at the expense of Bitcoin. He added that his second-largest financial gain will come from shorting Bitcoin below $5,000.

He is suggesting that Bitcoin could plummet from its current level of $107,000 to under $5,000. At the same time, he expects XRP to soar to $100.

This extreme bearish take on Bitcoin contrasts with the widespread institutional adoption via spot ETFs and increasing demand from sovereign wealth funds.

Moreover, XRP is unlikely to soar by 4,900% while Bitcoin drops by 90%, based on historical trends. Bitcoin’s ascent has historically benefited altcoins like XRP. A significant dip in BTC would likely drag down the broader crypto market, as has been seen in past cycles.

Ultimately, Farina’s perspective suggests a capital rotation from Bitcoin into XRP, fueling XRP’s rise while Bitcoin crashes. However, this remains a highly speculative scenario, especially given Bitcoin’s adoption and entrenched market dominance compared to XRP.

XRP Just Started Wave 3: Top Pundit Predicts Timeline For New All-Time High

Elendu Benedict
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XRP Just Started Wave 3: Top Pundit Predicts Timeline For New All-Time High

A top market commentator has predicted a significant price movement for XRP in the coming days.

Specifically, XRP influencer Zach Rector shared the bullish sentiment in a recent tweet amid ongoing consolidation around $2. XRP has been trending around the lower range of the $2 price mark for the majority of the last five months, as altcoins continue to lag behind Bitcoin’s bullishness.

XRP Begins New Wave of Bullishness

Meanwhile, Rector suggested that this consolidatory momentum is on the cusp of a quick turnaround. He highlighted that XRP has just resumed the third wave of a meteoric price uptrend, poised to catapult it to new all-time highs.

For context, XRP rallied 480% from $0.50 in November 2024 to a high of $2.90 in December 2024 before retracing to close at $2.08. The second bullish wave resumed in January, as it defied all bearish odds to hit a seven-year high of $3.40, recording its highest ever monthly close in history.

Now, the pundit has suggested that another wave has begun, this time fueled by the prospect of the Ripple vs. SEC case. He asserted that XRP would continue to climb from here to unprecedented prices, sparking FOMO among retail investors.

Update on the Ripple vs SEC Case

Ripple CEO Brad Garlinghouse raised optimism within the XRP community when he announced last week that Ripple and the U.S. SEC will drop their respective appeals. This signals the end of their years-long legal standoff.

Interestingly, this came after Judge Analisa Torres denied a joint motion to modify her final ruling on the case. In clear words, she prompted both Ripple and the SEC to either proceed with their appeals or withdraw them and stick to her final judgment

Although neither party has officially dropped its appeal, Garlinghouse’s comments excited the XRP community.

New ATH for XRP in 30-45 days

Meanwhile, Zector is already buttressing the impact of the case drop on XRP, arguing that some still are yet to recognize that the case is over. He suggested that the development would spur a price shift to a new all-time high for XRP in the next 30 to 45 days.

At the current market price, XRP trades at $2.18, down 35.8% from its January high of $3.40 and 43% from its all-time high of $3.84. Hence, XRP would need to rally 56% to reclaim its yearly high and 76% to reach its current ATH.

It also has to do so in the next 43 days to bring Zector’s projection to fruition. Specifically, this culminates in an August 12 timeline.

Nonetheless, there are higher price expectations for XRP, with analysis from EGRAG suggesting that a rally to $17.5 is on the cards.

Germany’s Largest Banking Group to Enable Bitcoin Trading via Bank App

Abdulkarim Abdulwahab
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0
Germany’s Largest Banking Group to Enable Bitcoin Trading via Bank App

Germany’s largest banking group, Sparkassen, is entering the crypto market. 

The group is moving to allow millions of customers to trade Bitcoin and other digital assets directly through their banking app, according to a local report.

Notably, the decision marks a major shift in strategy by the German Savings Banks Association (DSGV), which had previously ruled out offering crypto services in 2021.

The new crypto trading service will be provided by DekaBank, the central fund manager owned by around 350 savings banks. Access will be integrated into the Sparkasse app, with a launch expected within the next 12 months.

MiCAR Regulation Paves the Way

Notably, the report stated that the turnaround follows the European Union’s implementation of the Markets in Crypto-Assets Regulation (MiCAR). This regulation establishes a unified legal framework for crypto assets across member states. DSGV cited MiCAR’s regulatory clarity and rising customer demand as key factors in its decision.

“Therefore, we will enable interested self-determinants to access DekaBank’s crypto offering via the Sparkasse app in the future,” the DSGV said in a statement.

Self-Service Model, Strong Risk Warning

Unlike traditional investment products, the crypto offering will be strictly non-advisory. Customers will receive clear warnings about the volatility and risk of total loss associated with crypto assets like Bitcoin.

Meanwhile, the product is being marketed toward “self-determined” investors, with no in-branch advice or portfolio guidance. This mirrors moves by other institutions aiming to provide access while avoiding legal exposure in an unpredictable market.

Competition Heats Up in German Crypto Banking

The Sparkassen move follows similar initiatives from competitors. DZ Bank, the central institution for Germany’s cooperative banks, is running a pilot project with the Stuttgart Stock Exchange to offer crypto trading. The full rollout is for later this year.

Meanwhile, Neobrokers such as Trade Republic have already captured a significant share of the retail crypto market. This has prompted legacy banks to modernize their offerings to keep up.

Bitcoin in the Spotlight Again

Overall, the moves by these German firms align with the growing interest in Bitcoin among both institutional and retail investors. The leading cryptocurrency reached a record high of $111,970 in late May amid strong demand. In particular, over 200 companies announced that they include BTC in their corporate treasuries.

Expert Says XRP Holders Who Didn’t Sell Won’t Be Able to Comprehend the Wealth Ahead

Abdulkarim Abdulwahab
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0
Expert Says XRP Holders Who Didn’t Sell Won’t Be Able to Comprehend the Wealth Ahead

Crypto influencer and XRP advocate Coach JV has delivered an inspiring message to XRP investors.

He urges XRP holders not only to stay patient but also to remain proactive as they wait for what he calls a “moment of unimaginable wealth.”

Unimaginable Wealth Awaits XRP Holders

Specifically, in his post on X, Coach JV asserted that a moment will arrive when XRP holders who remained steadfast will struggle to fully grasp the wealth they have gained.

This comment highlights the widespread belief in XRP’s potential to transform global finance and the personal finances of its holders. It suggests that while XRP currently lingers at $2, someday in the future, the price could rise high enough to change the financial stories of holders, particularly retail investors.

What Price Will Make You Rich?

Notably, while XRP boasts a market cap of $130 billion, the XRP holder spectrum is dominated by retail investors holding fewer than 500 XRP tokens in their wallets. Specifically, out of 6.61 million XRP wallets, 5.36 million addresses hold 500 XRP or fewer. Also, 1.1 million wallets hold between 500 and 25,000 XRP tokens.

Given the preponderance of small holders, many continue to harbor hopes for a future where the price could break double digits, progress to triple digits, and eventually reach four digits, making holders rich.

In perspective, if the XRP price were $100 per coin, those holding 25,000 tokens would be looking at $2.5 million in cash. However, for those holding fewer than 500 tokens, who are the majority, this price point may not change their financial story significantly.

This explains why price forecasts of $1,000 to $10,000 have been common predictions in the XRP community. At these levels, even those holding 500 tokens would see themselves become multi-millionaires.

However, such predictions often fail to account for the potential wealth of those holding 1 million or even 1 billion XRP tokens. They also overlook the potential market cap implications of such price action, arguing that market cap remains relevant in the grand scheme.

Beyond Holding

Meanwhile, Coach JV’s message didn’t stop at wealth predictions. He emphasized that simply waiting for XRP’s rise isn’t enough. He encouraged XRP holders to build empires along the way, stressing that they weren’t meant to wait for saviors but to be the builders themselves.

The sentiment calls for a shift among XRP holders from passive investing toward proactive participation, whether through building XRP-based applications, launching content platforms, or fostering education in the ecosystem. It calls for real-world action, not just long-term speculation.

Essentially, the outlook suggests that those who remain committed should also remain productive, using the journey toward wealth to create, build, and inspire.

Echoes of Long-Term Vision

Coach JV’s statement adds to the growing chorus of XRP influencers encouraging holders to think big. According to Edoardo Farina of Alpha Lions Academy, holding just 10,000 XRP could be the key to “unimaginable financial freedom.”

Meanwhile, another prominent voice in the XRP community urges holding 1,000 XRP, saying it is sufficient for a free life as early as 2029.

Ripple Exec Says RLUSD Processes $10B Daily Volume

Lele Jima
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0
Ripple Exec Says RLUSD Processes $10B Daily Volume

Ripple’s senior executive officer, Reece Merrick, makes a daring claim about Ripple USD (RLUSD) stablecoin, emphasizing that it clears $10 billion in transaction volume daily. 

Merrick, the Managing Director for the Middle East & Africa at Ripple, made the bold claim during an exclusive interview with Finance World Magazine at the Dubai Fintech Summit. In the interview, Merrick discussed how blockchain, particularly stablecoin, could revolutionize cross‑border payments. 

According to Merrick, roughly 50% of the world’s cross-border settlements are settled in U.S. dollars (USD) despite most of these transactions occurring outside the United States. 

Notably, he stated that stablecoins are becoming an integral part of the evolving cross-border payment sector. He indicated that stablecoins, particularly those pegged to USD, were created to eliminate some inefficiencies associated with the traditional payment system, paving the way for instant and low-cost settlements. 

RLUSD Sees $10B in Daily Volume 

Notably, Ripple launched its dollar-pegged stablecoin last year, enabling users to transfer value instantly without relying on intermediaries. According to Merrick, RLUSD has recorded widespread adoption within seven months of its launch, with its market cap soaring to roughly $300 million. 

Interestingly, he claims RLUSD boasts a daily transaction volume of $10 billion. This implies that RLUSD clears approximately $10 billion in transaction volume daily. 

XRP Community Reacts 

Although Merrick made the bold claim last month, it recently garnered widespread attention from XRP enthusiasts. Community figure Crypto Eri called the public’s attention to the interview in a post on X today.

With Merrick claiming that RLUSD processes up to $10 billion in transactions daily, Eri estimated that the figure translates to an annualized volume of roughly $3.65 trillion. 

Merrick’s remark has sparked debate over whether RLUSD can sustain a daily volume of $10 billion (or an annualized volume of $3.65 trillion) despite its modest market capitalization. 

Vet, a famous dUNL validator, addressed this concern by referencing Tether’s (USDT) record over the past year. According to Vet, even though USDT has a market cap of around $158 billion, its annual volume surpassed $10 trillion last year. 

Moreover, he asserted that USDT is on track to double its milestone this year, having recorded a volume of $1.7 trillion over the past 30 days. 

Clarifications

Based on Vet’s commentary, Tether’s USDT recorded $56.6 billion in daily volume over the past 30 days. Despite this, USDT’s daily volume of $56.6 billion is still significantly lower than its market cap, which stands at around $158 billion. 

This raises questions about Merrick’s claim that RLUSD processes $10 billion in daily transactions on a market cap of roughly $400 million. However, Vet clarified that his attempt to justify the $3.65 trillion annualized volume is purely hypothetical, not an actual projection. 

Notably, there is a likelihood that Merrick intended to declare RLUSD’s daily volume in millions rather than billions. 

In the meantime, data from CoinMarketCap shows that RLUSD has a market cap of $455.23 million and currently ranks as the ninth-largest stablecoin. Its volume has soared by 127.16% over the past day to $22.33 million. 

Cardano Founder Calls This New Midnight-Affiliated Explorer The Bedrock of Cooperative Economics

Elendu Benedict
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Cardano Founder Calls This New Midnight-Affiliated Explorer The Bedrock of Cooperative Economics

Cardano founder Charles Hoskinson has reacted to a recent development that would enhance the multi-chain functionality of the Midnight Network.

Midnight, a privacy-focused Cardano sidechain, is imminent, and the crypto community remains expectant. Paima Studios, one of the partners of the Midnight Network, recently announced an ongoing project to build a hybrid DApp feature for Midnight, drawing accolades from Charles Hoskinson, the founder of Cardano.

Hybrid dApps Coming to Midnight

Sebastien Guillemot, the co-founder of Paima Studios, disclosed that his team is working on bringing hybrid decentralized applications (dApps) to Midnight. According to the June 29 tweet, this feature will enable applications with multi-chain functionalities.

Meanwhile, Guillemot shared a prototype of the Paima Explorer, featuring the different chains a developer’s dapp connects to, the primitive data dashboard, and the state machine table. The Paima Studio co-founder emphasized that the state machine column enables developers to visualize how smart contracts update based on data across multiple chains.

Prototype of the Paima Explorer

Recall that it was on this basis that Midnight forged a collaboration with Paima Studio. The Web3 gaming studio partnered with Midnight to bring Ethereum Virtual Machine (EVM) compatibility to the Cardano sidechain. 

For context, this feature will enable Ethereum developers to deploy dapps on Midnight with just a few lines of code. Furthermore, Paima Studios would also explore the application of zero-knowledge technology (ZK) in Web3 gaming.

Hoskinson Applauds New Explorer

As usual, Hoskinson cheered the development, calling it a “bedrock of cooperative economics.” He argued that the multi-chain explorer is one of the most essential workstreams in the crypto industry, alongside Midnight’s dual token model and the capacity exchange.

The founder’s comment echoes his new belief that crypto projects should collaborate more for the greater good of the industry, shifting from the current zero-sum game. It is with this narrative that he has linked up with Ripple executives for a potential partnership and is also pushing for Bitcoin DeFi on the Cardano blockchain.

Meanwhile, Midnight is already enforcing unity among different projects with its multichain airdrop. Eligible XRP, Bitcoin, Solana, and BNB holders would receive Midnight’s native NIGHT token in the Glacier drop, expected to happen in July

Expert Explains Why XRP Price Remains Stagnant, Predicts Timeline for Next Rally

Lele Jima
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0
Expert Explains Why XRP Price Remains Stagnant, Predicts Timeline for Next Rally

A notable community figure provides insight into why the price of XRP has remained stagnant, outlining when it might begin to appreciate again. 

XRP’s price has been stagnant despite positive developments in the Ripple lawsuit over the past few months. Notably, the price has been hovering around the $2 region for the last five months.

While many expected the Ripple and SEC resolution, which began in March, to result in a strong rally, XRP only registered slight gains. 

Legal Resolution-Driven Rally Already Priced In

Commenting, Vincent Van Code, a software engineer and XRP community figure, noted that Judge Analisa Torres resolved a significant part of the Ripple case in her summary judgment decision issued in July 2023. 

He added that the ruling established XRP’s legal status as a non-security when traded in secondary markets. In his view, the legal resolution–driven rally had already occurred earlier this year. 

Many anticipated a resolution in the lawsuit between the SEC and Ripple even before the re-election of Donald Trump, prompting them to position their portfolios early. 

Following Trump’s re-election, it became evident that a resolution was around the corner. As a result, investors scooped up vast amounts of XRP toward the end of 2024 and early 2025, with XRP soaring to $3.4 in January. Since then, XRP has plunged to around $2 and has continued to hover within the region. 

Catalyst for the Next Rally 

Despite XRP’s stagnation, Vincent predicted that the token could witness a significant rally in the coming months. According to him, this price surge will commence when institutions announce new partnerships with Ripple and leverage ODL for cross-border settlements. 

He noted that while some institutions have already unveiled these integrations, others are quietly working on them for potential rollouts. Vincent also argued that XRP’s primary obstacle isn’t legal uncertainty but rather the lack of a robust demand infrastructure.

“The rails aren’t fully live yet,” Vincent remarked. He suggested that regulated entities can take up to 24 months from initial approval to complete an enterprise deployment.

Referencing the timeline of the Ripple summary judgment decision (July 2023) as the starting point, Vincent claimed most institutions began integrating with Ripple’s payment solution toward the end of last year. 

“That puts us in the final stretch of the rollout timeline now,” he added. 

Once these financial institutions complete their integrations, Vincent expects XRP to experience strong demand, driving its price upward. He predicted that the next XRP rally would occur within the next 2-3 months, specifically between August and September 2025. 

However, he did not set a price target for XRP or indicate how high the coin might soar in the coming months. In the meantime, XRP is trading at $2.18, representing a 7.98% increase over the past week. 

Ripple CEO Posts “1,000%”, Here’s XRP Price if It Surges 1,000%

Abdulkarim Abdulwahab
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0
Ripple CEO Posts “1,000%”, Here’s XRP Price if It Surges 1,000%

A recent post from Ripple CEO Brad Garlinghouse has stirred significant excitement among the XRP community regarding the coin’s future.

The buzz began when prominent XRP influencers resurfaced a photo of Garlinghouse revealing an XRP tattoo on his upper arm. 

Notably, the original unveiling occurred in 2023, following a landmark court ruling that determined XRP is not a security, granting historic regulatory clarity to the token. During the celebratory event that followed, Garlinghouse showcased his XRP tattoo.

“Lock In”

Interestingly, Garlinghouse has now announced the official conclusion of the Ripple lawsuit. He stated it was time to close this chapter once and for all and focus on more important matters—namely, building the internet of value. He ended his statement with the phrase “Lock in,” which did not go unnoticed by the XRP Army.

In response, XRP enthusiasts once again highlighted his tattoo, interpreting it as a symbol of renewed focus and commitment to XRP’s development, now that the legal hurdles are behind them.

Commenting on the trend, popular XRP community commentator “Digital Asset Investor” shared his thoughts on the symbolic meaning of Garlinghouse’s tattoo.

He remarked that while many people regret tattoos they got when they were younger, someone with a Harvard MBA getting a tattoo after age 50, referring to Garlinghouse, has clearly thought it through and expects only positive change ahead.

“LOCK IN,” he added, concluding that Garlinghouse has zero doubt about the future of XRP.

Ripple Agrees: “1,000%”

Then came the moment that electrified the community: Ripple’s CEO replied to the post with “1,000%.”

 

His use of such a massive percentage figure to express agreement with the community’s optimism sparked further excitement. Alex Cobb, a well-known voice in the XRP community, interpreted Garlinghouse’s response as a clear signal that a 1,000% price surge for XRP is “confirmed.”

Price predictions like this have long been a part of the XRP community’s vision. Forecasts ranging from $1,000 to $20,000, and even higher, have been floated by holders and analysts. Some have offered ambitious short-term timelines for such outcomes.

These projections are often based on XRP’s potential to disrupt the multi-trillion-dollar payments market, a space where Ripple is working to establish a strong foothold.

XRP Price If It Soars 1,000%

Given the current buzz from Garlinghouse’s statement, what would XRP’s price be if it surged 1,000%?

At the time of writing, XRP is trading at $2.18. A 1,000% increase would bring the price to approximately $24.

Interestingly, this $24 price target aligns with a forecast from veteran Bitcoin investor Davinci Jeremie. He famously suggested that level would mark XRP’s peak in this cycle.

At $24 per coin, XRP’s market cap would reach approximately $1.4 trillion. This would place it ahead of major global companies such as Berkshire Hathaway and Tesla.

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