Brad Garlinghouse, CEO of Ripple, recently gave an interview in which he shared big predictions for Ripple’s future. He claims that the cryptocurrency will be the Amazon of the crypto industry by 2025. While this might sound like an ambitious goal, Garlinghouse emphasized that he was playing the long-term game. He said that the future of Ripple looked bright, and reminded investors to look at the future in months and years instead of months.
The panel of fintech experts at Finder surveyed 36 experts in the field of cryptocurrency. The group was tasked with predicting future prices for Ripple. As a result, they came up with a range from $0.561 to $2.50. In the meantime, they cite the lack of utility as a key reason why Ripple won’t become a major player in the cryptocurrency market.
Many experts predict that Ripple XRP will reach $4 per token by 2025 and may even surpass that figure. But, the price prediction is not that optimistic. The price of XRP could rise to several dollars per token, or even five dollars within a year. Although it may seem ambitious, the price prediction of $10 seems realistic. This would be a 70% increase from its current all-time high.
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The growth rate of Ripple will continue to rise until the SEC’s lawsuit is resolved. Most financial institutions only experience growth of fifteen to twenty percent. This makes Ripple a smart investment for the long term. It is expected to continue to jump until the case is resolved, but there is no guarantee that it will remain there. This is an optimistic prediction for investors who are looking for a long-term investment.