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Cardano Founder Delighted as Trump’s Aide Confirms Holding ADA

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Charles Hoskinson, co-founder of Cardano, recently responded to a significant disclosure involving Thomas Thorgersen, Special Assistant to President Donald Trump.

As part of his financial disclosure, Thorgersen revealed that he holds cryptocurrencies, including XRP and Cardano.

The revelation, made public via a filing on the official White House website, attracted the crypto community’s attention. Hoskinson shared an admiring remark via a playful GIF on X as Thorgersen disclosed holding ADA tokens.

This disclosure adds a new layer to the ongoing relationship between the crypto industry and U.S. political figures.

 

Thorgersen’s Crypto Holdings

In his financial disclosure, Thorgersen indicated that he holds XRP, valued between $1,001 and $15,000. His XRP holdings have also generated income, ranging from $2,501 to $5,000. 

Notably, his ADA holdings fall within the same financial range—between $1,001 and $15,000. However, there has been no significant income generated from his ADA assets, with income reported as “None” or less than $201. These figures suggest that while Thorgersen holds ADA, it has not yet yielded a major return.

Connections to the Trump Administration

Before joining the Trump administration in January 2025, Thorgersen played a key role in the 2024 presidential campaign, serving as the director of strategic operations. He also held a position at the Republican National Committee. 

His background in strategic operations and close ties to the Trump campaign provided the foundation for his appointment as Special Assistant and Director of the White House Travel Office.

Thorgersen’s crypto holdings come as digital assets are gaining traction among political figures in the United States.

Trump’s Crypto Involvement

Specifically, the disclosure follows a broader development involving President Donald Trump’s stance on digital assets. Earlier in March, Trump proposed the creation of a national crypto reserve that could include five major cryptocurrencies: Bitcoin, Ethereum, XRP, Solana, and Cardano. This proposal caused an uptick in the prices of these assets.

Meanwhile, Trump also recently revealed some of his own crypto holdings, which he made public around the time of his 79th birthday. 

It’s worth mentioning that in the executive order Trump signed, the government seeks to buy and hold only Bitcoin in the national reserve. Other altcoins like XRP and ADA would be in a national stockpile. They will be acquired through forfeitures, with no effort to purchase more.

Interestingly, legal experts like Fred Rispoli have argued that Trump does not need congressional approval to add XRP and ADA to the U.S. crypto reserve.

Wealth Group Founder Expects XRP Maxis to Win Big, Here’s Why

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John, a respected market analyst and founder of the Wealth Group crypto trading community, believes XRP could see a major rally when Ripple goes public. 

In a recent post, John said he would not be surprised to see Ripple hit the stock market with a “crazy high” valuation. Notably, such projections have often accompanied predictions of a massive bullish impact on XRP price.

John later followed up his initial commentary with a more elaborate disclosure. This time, he expressed confidence that Ripple could go public at an “insane valuation.” According to him, this would make XRP holders “win big.”

XRP Symmetrical Triangle Pattern 

Interestingly, he shared a chart showing how XRP has been trading in a symmetrical triangle since its drop from the $3.4 high in January 2025. For five months now, the token has moved within that triangle, staying mostly around the $2 mark. 

Data from the chart shows that XRP already attempted a breakout in March after Donald Trump announced plans to include XRP in a U.S. government crypto stockpile. XRP briefly spiked to $3 but quickly dropped back into its usual range.

XRP Symmetrical Triangle
XRP Symmetrical Triangle

Now that XRP is nearing the tip of the triangle, John and other analysts believe a breakout could happen soon, with his projections hinting at an initial launch above the $3 price region. 

Anticipation of a Successful Ripple IPO

The analyst thinks Ripple going public could be the catalyst that sends XRP higher, especially with momentum building around the idea of a possible IPO. John’s comments come as more analysts and investors compare Ripple’s potential to the recent success of Circle. 

For context, Circle’s stock more than tripled from its IPO target of $7 billion, eventually reaching over $25 billion. Following this massive leap, market commentators expect something similar from Ripple, especially since the company has cleared major regulatory hurdles.

Dennis Liu, another analyst, recently highlighted this. He believes a Ripple IPO could open the “floodgates” to serious gains for XRP. Meanwhile, in 2023, attorney John Deaton suggested Ripple might aim for an IPO with a $100 billion valuation within a year after its case with the SEC ends.

Ripple IPO Prospects

Still, Ripple’s top executives have ruled out any plans to go public this year. In April 2025, President Monica Long told CNBC that Ripple doesn’t need outside capital. She explained that, with billions in reserves, the company sees more value in expanding through acquisitions. 

For context, Ripple recently acquired Hidden Road, a global prime brokerage firm, for $1.25 billion, after acquiring Metaco two years back. These deals help Ripple strengthen its offerings in global payments, token custody, and asset tokenization.

CEO Brad Garlinghouse has explained why an IPO doesn’t make sense just yet. He said Ripple does not need to raise funds. Even though he sees an IPO as a natural future step, he believes Ripple should first focus on growth and acquisitions.

Despite the current pause on IPO plans, Ripple continues to make moves that suggest long-term preparation. In November 2023, the company began hiring for important roles in corporate development and shareholder relations. 

Also, this month, Ripple launched a $700 million share buyback offer at $175 per share, giving the company an implied valuation of around $25 billion. This marked a sharp rise from its $11.3 billion valuation in January 2024.

Top Investor Makes New XRP Price Prediction, Says His 2024 Prediction Made XRP Millionaires

Michael XBT, a widely followed market analyst and Bitcoin investor, has resurfaced with a bold new XRP prediction.

This comes just months after his previous forecast played out with stunning accuracy. According to him, that call turned everyday investors into millionaires. 

How it Played out

Back in July 2024, Michael publicly predicted that XRP was on the verge of a historic breakout from a seven-year-long bull pennant pattern. He described the formation as something he had never witnessed in his years of trading. According to him, it was one of the most powerful setups in crypto history.

At the time, XRP was trading at $0.50, and skepticism was at its peak as the asset’s performance continued to disappoint investors. The coin often showed minimal movement, even amid bullish news regarding Ripple’s partnerships and acquisitions. 

Moreover, it consistently failed to benefit from broader bull market rallies, leading many to write off the coin entirely. Meanwhile, Michael remained convinced that XRP would have its day.

Interestingly, by November 2024, XRP broke above the key resistance at $0.5. This triggered an explosive rally that peaked around $3.40 by January 2025, a nearly 600% surge that stunned the market and confirmed Michael’s prediction.

This marked XRP’s first return to multi-year highs since 2018. As a result, the development sparked admiration even from prominent critics, many of whom turned bullish on XRP after previously calling for it to fall to zero.

XRP Enters Consolidation, But the End Is Here

Since that parabolic run, XRP has been in a seven-month consolidation phase. While it traded sideways, Michael refers to it as a healthy cool-off period. During this time, the coin corrected by over 50%, dropping to around $1.60. However, it has since recovered and has been holding above $2 for the most part.

Now, Michael believes this consolidation is ending and that XRP is gearing up for its next major move. According to him, the next breakout will align with Bitcoin breaking its own eight-year-long trendline.

XRP chart accompanying Michael post
XRP chart accompanying Michael’s post

Bitcoin Breakout to Trigger Generational Wealth and FOMO

In his latest Bitcoin update, Michael emphasized that a breakout from this long-standing resistance is near and that it could trigger a wave of generational wealth.

According to Michael, this event will be unlike any before. He stressed that the development would ignite unprecedented FOMO, and market participants would finally grasp the true meaning of a digital gold rush.

Michael’s post hinted at a possible synchronized surge across the crypto market that would benefit altcoins like XRP. While he remains silent on exact price targets for Bitcoin or XRP, he is convinced that the incoming move will disproportionately reward holders.

Life-Changing Gains for Holders

Michael also suggested unseen forces may oppose his XRP call again. Despite this, he stands by his latest prediction, hinting at similar life-changing gains.

Notably, some analysts believe a price range between $5 and $30 is a realistic expectation for XRP this cycle. Even on the lower end of that range, holders with 500 XRP or less, who make up the largest portion of the XRP holder base, could see substantial returns. While not necessarily millionaire status, it could still represent a major financial turnaround.

Meanwhile, more ambitious voices have called for XRP to exceed $100, though many dismiss that as an overblown expectation for this cycle. In such a hypothetical scenario, 500 XRP, currently worth around $1,000, could rise to $50,000, which could be life-changing for many.

Senate Will Pass GENIUS Stablecoin Act Today: Senator Hagerty

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U.S. Senator Bill Hagerty expresses strong confidence in the final passage of the long-awaited stablecoin legislation, the GENIUS Act. 

In an interview with FOX Business, Senator Hagerty projects that the U.S. Senate will pass the GENIUS Act later today.

Notably, the legislation has made significant progress since its introduction earlier this year. Despite opposition from crypto skeptics such as Senator Elizabeth Warren, the stablecoin legislation still cleared the complex Senate processes, including a cloture vote held last week. 

Final Passage Vote Imminent 

As a result, the Senate scheduled the GENIUS Act’s final passage vote for 4:30 p.m. (ET) today. This upcoming final passage vote will be the last Senate vote on the bill before it advances to the House for further scrutiny. 

Interestingly, Senator Hagerty, who introduced the legislation earlier this year, believes the Senate will pass the GENIUS Act. 

“I’m excited to see the GENIUS Act pass the Senate later today,” he remarked in an X post. 

Benefits of the GENIUS Act 

During the FOX Business interview, Hagerty described the stablecoin regulation as a “strong bipartisan product,” underscoring the collaborative input across party lines.

He noted that the GENIUS Act received input from his colleagues, officials from the Trump administration, and industry stakeholders, potentially paving the way for its passage.

If passed, Senator Hagerty believes the legislation could propel the U.S. payment system into the 21st century and eliminate the 1970s- and 1980s-era rails. Additionally, he claims that the GENIUS Act will boost demands for the U.S. Treasury and strengthen the dollar’s dominance as a reserve currency. 

“We’re going to see that advance in a way that takes a lot of friction out of an old, clunky system. It will reduce counterparty and currency risks and bring a lot of working capital into the economy,” he added. 

Furthermore, he also believes that the GENIUS Act will position the U.S. as the global leader in the stablecoin market.  

Hagerty Praises SEC Chair 

Meanwhile, Senator Hagerty also took a moment to commend U.S. SEC Chair Paul Atkins, calling him an ideal partner. According to him, the Senate will collaborate with the Atkins-led SEC to advance the broader crypto industry. 

Notably, Atkins has continued the pro-crypto initiative of former acting chair Mark Uyeda, which led to the resolution of several crypto-related enforcement actions. The SEC’s crypto policy shift is expected to drive industry innovation and establish U.S. dominance in the sector. 

Coinbase Seeks SEC Permission to Offer Stocks on Blockchain

Coinbase is making a move to reshape how Americans invest in stocks.

Specifically, the crypto giant is seeking approval from the U.S. SEC to offer tokenized equities, digitally represented shares of public companies, via blockchain. If approved, Coinbase would become one of the first platforms in the U.S. to enable blockchain-based stock trading. It would put it in direct competition with traditional brokerages like Robinhood and Charles Schwab.

In an interview with Reuters, Paul Grewal, Chief Legal Officer at Coinbase, emphasized that tokenized equities are a top strategic priority for the company.

Notably, tokenized equities convert traditional shares into digital tokens that can be traded on blockchain platforms, exactly how cryptocurrencies trade. Instead of owning the actual stock, investors hold tokens representing ownership of the underlying equity.

This innovation reduces trading costs, enables faster settlement, and allows 24/7 market access. However, critics argue that regulatory gaps, low liquidity, and a lack of global standards pose challenges to widespread adoption.

Regulatory Hurdles for Coinbase

Coinbase is currently not a registered broker-dealer, which is a requirement for platforms offering securities in the U.S. To move forward, the company must either secure a “no-action letter” from the SEC or exemptive relief to operate under adjusted guidelines.

Grewal noted that obtaining a no-action letter from the SEC would provide regulatory clarity. Specifically, it would confirm that the agency views such offerings as compliant, reducing enforcement risk.

Previously, Coinbase came under SEC enforcement action in 2023. After more than a year of legal battles with the SEC over claims that it operated as an unregistered broker-dealer, the agency dropped the lawsuit earlier this year under a new leadership.

Other crypto platforms like Gemini, Tron, and Robinhood, which the agency previously sued, have also benefited from this easing. The move confirms the SEC’s updated position on digital assets and the companies pursuing them.

Improving Landscape Opens Door for Coinbase’s Latest Offering

The ease comes on the back of the Trump administration’s increased support for the crypto industry and the restructuring of SEC leadership.

Under the new administration, the government has hosted industry leaders at the White House and formed a crypto-focused task force to create new regulatory frameworks.

Notably, Grewal didn’t confirm whether Coinbase had submitted an official application. Yet, the effort highlights Coinbase’s ambition to expand beyond crypto and into the broader financial system.

Firms like Kraken are already offering tokenized U.S. equities in overseas markets. Meanwhile, Coinbase shows eagerness to lead the charge on home soil, pending a green light from Washington.

Legal Expert Reveals Why the SEC vs Ripple Case Should Still Be Relevant to XRP Investors

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A prominent legal expert has explained that the SEC vs. Ripple lawsuit is still relevant to a particular class of XRP investors.

Despite the apparent wind-down of the U.S. Securities and Exchange Commission’s long-standing case against Ripple, Australian attorney Bill Morgan believes the matter still holds relevance for XRP investors, especially institutions. 

Are There Any More Legal Risks Around Trading XRP?

His remarks came in response to a growing sentiment in the XRP community that the case is no longer significant. Notably, in the most recent update, Ripple and the SEC jointly asked the U.S. Court of Appeals for the Second Circuit to pause the appeals process until Aug. 15, 2025. 

The request is part of efforts to allow U.S. District Judge Analisa Torres time to rule on a motion submitted on June 12, 2025. The motion seeks to amend the final judgment issued in the case, with both parties aiming to bring the years-long legal battle to an official end.

Crypto market commentator Dave Weisberger raised an important question. Weisberger asked if any traders still perceive legal risk for XRP in light of the developments. Specifically, he questioned why investors should care about the case if the market has already priced in the assumption that there’s no lingering SEC threat.

The SEC vs Ripple Case is Still Relevant to Institutional XRP Investors

Bill Morgan clarified that the legal risk has not entirely disappeared. According to him, the current uncertainty surrounding the permanent injunction still matters, particularly for institutional investors in the United States. 

Recall that Judge Analisa Torres placed an injunction on Ripple in her final judgment last August regarding its future XRP sales to institutional investors. Notably, these investors may want to purchase XRP directly from Ripple, but they face a potential legal issue. 

Morgan explained that without the dissolution of the injunction, uncertainty remains. The company could also face the threat of breaching a standing court order. From Ripple’s perspective, this legal overhang places it at a disadvantage compared to competitors not facing similar restrictions.

Essentially, while individual traders may not perceive immediate legal threats, institutional buyers operate under stricter compliance standards. This legal issue could hinder Ripple’s ability to engage in large-scale token sales, despite retail investors trading XRP freely.

Ripple and the SEC’s Push to Lift the Injunction

As a result, Ripple and the SEC’s move to lift this injunction is particularly important. For context, on June 12, both parties jointly filed a motion under Rule 60, requesting Judge Torres to modify the final judgment. 

They proposed dissolving the injunction and redistributing the $125 million civil penalty, with $50 million going to the SEC and Ripple recovering $75 million. They cited shifts in regulatory attitudes and a shared interest in avoiding more litigation as grounds for the modification. 

Judge Torres is expected to issue a ruling on this motion soon. This is not the first time Ripple and the SEC have tried to conclude the case this way. An earlier attempt was dismissed by Judge Torres due to procedural errors. 

The current motion is a revised version, and if granted, it could close the book on the legal battle that has stretched on for over four years. Until then, the appeals process will remain paused, with another update due by mid-August.

Thailand Approves Tax Breaks to Boost Crypto Market Growth

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Thailand’s Cabinet has approved a set of tax measures aimed at promoting its cryptocurrency market. 

Personal income tax will be exempt on profits earned from the sale of digital assets through licensed operators until December 31, 2029.

The announcement came from Deputy Minister of Finance Chulaphan Amornvivat. He called attention to the development in a tweet, emphasizing the government’s push to transform Thailand into a digital asset hub.

Key Details of the New Tax Measure

Under the new tax policy, individuals who sell digital assets through operators licensed by the Thai Securities and Exchange Commission will not be subject to personal income tax on the capital gains from these sales.

This initiative aims to create a more transparent trading environment to foster growth in Thailand’s crypto market. By offering tax relief for crypto investors, the government seeks to stimulate innovation and increase foreign investments.

Additionally, the Ministry of Finance emphasized that the policy will encourage technological advancement and contribute to a more robust economy. The government expects the new tax measures to generate at least 1 billion baht in tax revenue over the medium term. 

Might Lead to Additional Taxation Reforms

Amornvivat also mentioned that the law could eventually lead to the introduction of additional tax measures, such as a value-added tax. He further highlighted that Thailand is among the first countries globally to implement clear tax regulations for digital assets.

The Revenue Department is working to align with the OECD’s data exchange standards to enhance the transparency and auditability of digital transactions in the country. According to Amornvivat, this initiative represents a significant step toward boosting Thailand’s economic potential and allows Thai entrepreneurs to expand their global reach.

Thailand’s Evolving Financial Strategy

Thailand’s efforts to integrate digital assets into its financial system extend beyond tax exemptions. Previously, the government announced plans to introduce a new payment system that would allow tourists to make purchases using cryptocurrency. This initiative aims to modernize the country’s financial ecosystem further. 

Meanwhile, Thailand’s financial market continues to attract new players. One of the most recent developments is the entry of KuCoin into the Thai market.

KuCoin has acquired ERX Company, a previously licensed digital token exchange in Thailand, and rebranded it as KuCoin Thailand.

Analyst Says XRP Holders Are About to “Print,” As XRP is About to Explode: Here’s Why

A notable analyst is stirring excitement among XRP holders with an audacious prediction that promises life-changing gains for investors.

The analyst behind the forecast, known as Crypto Beast, argues that XRP is about to “explode,” with a minimum breakout price target of $8. According to him, most of the market has yet to price in XRP’s regulatory clarity fully.

XRP Legal Clarity Still Not Priced In

In his commentary, Crypto Beast emphasized that the market has overlooked one of the most crucial turning points in XRP’s journey: the fact that the U.S. SEC no longer classifies it as a security. Notably, this distinction gives XRP a regulatory edge over many other crypto assets.

For context, XRP secured its regulatory clarity in July 2023 following Judge Analisa Torres’ ruling in the Ripple case. However, the verdict initially had little long-term impact on price, as XRP briefly surged from $0.48 to $0.93, only to return to previous levels a few weeks later.

Later, the coin saw a more sustained price boost due to Donald Trump’s re-election and the subsequent change in SEC leadership. These developments helped XRP establish a new trading range around $2.

Despite these changes, Crypto Beast believes XRP’s favorable regulatory status remains largely unpriced. He suggests that XRP could experience a steep and rapid price surge once the broader market recognizes this.

Supporting Technical Foundation

Backing his fundamental outlook is a technical chart showing XRP in a classic bull flag formation. This structure includes a strong rally (the flagpole) followed by a prolonged consolidation phase within a downward-sloping channel (the flag).

Notably, the flagpole formed during XRP’s move from the $0.40 range to $3.40. The flag represents the retracement pattern XRP followed as it re-entered the $3 range and pulled back to around $2 to establish a new base.

Now, this analyst, along with many others, is calling a bottom for XRP. They assert that XRP is set for its next major leg up.

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XRP chart by Crypto Beast

Price Outlook for XRP

According to Crypto Beast’s analysis, the projected move based on the flagpole extension sets a technical target as high as $10.69. His chart places the initial breakout level around $3.37, with the upper extension derived from Fibonacci analysis.

XRP is currently trading around $2.20 after a 2.2% daily loss.

In a separate commentary, Crypto Beast reiterated his call for a 4x upside from current levels, implying a price of approximately $8.80. He emphasized this as the minimum price target in his bold forecast.

At these price levels, XRP’s total market cap would exceed half a trillion dollars, placing it alongside global tech and financial giants like Oracle, Netflix, and Mastercard.

Given his conviction, the analyst boldly asserted that XRP holders are about to “print.”

To put this into perspective, someone holding 1,000 XRP currently worth around $2,200 could see their holdings rise to $10,000 under Crypto Beast’s outlook.

While he believes current conditions offer substantial upside, he stated he will publicly share when it’s time to exit the trade.

Momentum Building Across Altcoins

This bullish stance on XRP accompanies his forecasts for the broader altcoin market. He has called for a 3x rally for Solana, a 2x move for Ethereum, and a 5x increase for SUI.

Interestingly, he also called for 40x returns on select coins. These projections would mark new all-time highs for these assets, offering significant rewards for holders across various investment levels.

Here Are Two Scenarios That Could Shape Shiba Inu Price Path

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A TradingView analyst has outlined two potential scenarios for Shiba Inu price trajectory, based on a descending trendline and a key support zone.

Shiba Inu has been in a consolidation phase with a steady decline over the past week, prompting renewed technical analysis. Over the last seven days, SHIB’s value dropped from around $0.00001359 to a recent low of approximately $0.00001154. At press time, it trades at $0.00001184.

Amid this consolidation, new technical insights from an analyst on TradingView highlight a descending trendline and a critical support range as key indicators for the token’s next significant move.

Technical Analysis Highlights Downtrend and Key Support

Analyst Mr Hans shared a Shiba Inu daily timeframe chart showing a persistent downtrend with the possibility of an eventual reversal.

The chart highlights a descending trendline that has acted as resistance multiple times, first around $0.000045 in early March 2024 and again near $0.000033 in early December. This trendline continues to cap upward movements, preventing sustained bullish momentum.

Shiba Inu Price Prediction
Shiba Inu Price Chart

Meanwhile, a support range spanning $0.00001133 to $0.00001018 remains intact. This zone has previously held firm during prior corrections. On August 5, 2024, the area helped absorb downward pressure after SHIB fell from $0.000045.

Similarly, the zone provided support in April following a decline from the $0.00003320 peak recorded on December 7. However, the follow-through rally failed to sustain longer-term momentum in the latter case, taking SHIB back to the key support zone.

Two Possible Scenarios for Shiba Inu Price

Based on these technical levels, the TradingView analysis presents two potential outcomes:

Bullish Scenario

Shiba Inu could rebound from the support zone and target the descending trendline. If buying momentum increases, the price may rise further into the resistance region between $0.00002174 and $0.00002418, implying a possible 80% to 100% gain from current levels.

Bearish Scenario

On the other hand, a drop below $0.00001054 would invalidate the bullish outlook, suggesting further downside. In this case, SHIB could fall toward the next major support zone near $0.00000630, continuing the longer-term downtrend observed in recent months.

Community Optimism: #1CentDreamSHIB

In parallel with the technical discussion, community figure Luis Delgado recently shared a post titled “Reality Check” on X, addressing SHIB holders. Using a poker analogy, Delgado referenced lead developer Shytoshi Kusama and suggested that several key initiatives are under wraps for strategic impact.

According to Delgado, these hidden developments could involve upcoming features or announcements to boost SHIB’s utility and demand. He concluded his message with the hashtag #1CentDreamSHIB, signaling hope that these developments could eventually support a rally toward the long-term goal of $0.01.

However, this is more of a long-term aspiration than a near-term outlook. In fact, an analysis by Telegaon suggests that SHIB might not reach the $0.01 mark until as late as 2040.

Here’s XRP Minimum, Average, and Maximum Price Outlook for 2030

Discussions about how high XRP could go by the end of this decade have resurfaced in the crypto community.

Crypto influencer Cobb Alex triggered the conversation with a recent tweet. He asked XRP enthusiasts if they agreed with a long-term price analysis published by Telegaon researchers. The analysis outlines how XRP’s price could evolve from this year to 2050.

Specifically, the analysis projects that XRP could rise from $2 to as high as $285 over the next 25 years. It highlights minimum, average, and maximum outlooks for the coin throughout this period.

XRP Price by 2030

For instance, Telegaon argues that XRP’s average price in 2025 would be $4.16, although this price has remained elusive. Six months into 2025, the coin has yet to break its all-time high. Meanwhile, the platform suggests a maximum price of $5.87 for XRP this year.

For next year, the analysts project an average price of $7.53 and a maximum price of $9.18. Telegaon’s forecasts suggest XRP will break the double-digit price level by 2027, though broader sentiment among enthusiasts and analysts is that XRP could hit that threshold this year.

Looking further ahead, the report argues XRP could trade at a minimum price of $36.86 by 2030. In that year, it expects XRP’s average price to be $42.34 and projects a maximum value of $48.03.

Five years later, it expects XRP to average $78.16 and reach a maximum of $87.49. As for 2040 and 2050, Telegaon believes XRP could break into the triple-digit price range. During this time, it projects a minimum price of $119.08 and a maximum value of $285.56.

Overall, the analysis sees a promising future for XRP over the coming decades, highlighting values that would place its market cap in the trillions of dollars.

No More Bear Market for XRP?

Essentially, the report suggests XRP’s price will only go up over the years, never dipping, and each year’s maximum price will become the next year’s minimum. In effect, it fails to account for bear market scenarios.

One commenter pointed this out, noting that the projected minimum prices flaw the analysis. He argued that XRP would likely fall below $1 during bearish periods, so projecting a scenario where XRP only moves upward is unrealistic.

Another commenter humorously reinforced this view, saying, “If you believe there will be no more bear markets, I have a bridge to sell you.”

“No Way It Takes a Decade for XRP to Reach $100”

Meanwhile, optimistic voices argued that the projections are actually conservative. Some even claimed the analysis underestimates XRP’s potential. One commenter argued that XRP could hit $20 by the end of this year, opposing Telegaon’s 2029 timeline.

Another insisted that there’s no way XRP would take 25 years to reach a $100 price, as the report suggests. This viewpoint implies XRP could reach that level much sooner. 

Given the long timeline to $100, some commentators speculated that the analysis might have come from Bitcoin maxis. Ultimately, these comments highlight the inflated short-term expectations many have for XRP.