XRP’s Bullish Future: Bitwise Predicts $29.32 by 2030 in Optimistic Scenario

Bitwise Asset Management’s latest report highlights a highly optimistic outlook for XRP, projecting a potential surge to $29.32 by 2030 under favorable market conditions. This forecast is based on a detailed analysis of XRP’s historical performance and its potential role in the multi-trillion-dollar payments and tokenization markets.

Bitwise Predicts XRP Could Reach $29.32 by 2030 in Optimistic Scenario

Bitwise Asset Management’s latest 32-page report, "The Investment Case for XRP," projects a potential surge for the embattled payments token. Under a "Max Case" scenario—where XRP captures a meaningful share of multi-trillion-dollar payments and tokenization markets—the token could hit $29.32 by 2030. The forecast hinges on a volatility-adjusted capital-asset-pricing model, factoring in XRP’s historical beta of 1.92 to crypto markets.

The analysis outlines three regimes, with the bullish case assuming reduced volatility and sustained adoption. While speculative, the $29.32 target represents a 10x+ upside from current levels, drawing attention to XRP’s high-risk, high-reward profile amid ongoing regulatory scrutiny.

Ripple’s XRP Faces Market Pressure Despite Clear Utility

XRP’s real-world utility—from preventing network spam to facilitating cross-border transfers—remains undisputed, yet the token struggles against market headwinds. Recent data shows an 8% decline over the past week, with rising short interest adding downward pressure.

Key resistance levels at $2 and $2.26 loom as critical thresholds for XRP’s next directional move. A Bitwise report underscores the token’s deflationary mechanism through burned transaction fees, but market uncertainty overshadows these fundamentals.

Analyst Sees XRP at $2.20 as Entry Point Ahead of Potential Rally

XRP’s consolidation NEAR the $2 mark shows signs of impending volatility, with crypto analyst J4b1 suggesting $2.20 remains a strategic entry point. The assessment draws on historical patterns, Ripple’s supply management, and institutional positioning.

Ripple’s monthly release of 1 billion XRP from escrow—with partial OTC sales and the remainder relocked—creates artificial scarcity. This controlled distribution shields markets from sudden supply shocks while maintaining price stability during accumulation phases.

XRP Faces $60M Liquidation Risk Amid Price Volatility

XRP, the cryptocurrency associated with Ripple Labs, has surged 11.36% over the past month to trade at $2.12. However, the rally now teeters on a precarious edge. A mere 4% decline to $2.063 could force liquidations exceeding $60 million, marking one of the largest XRP liquidation events in recent history.

Leveraged long positions—bullish bets on price appreciation—are densely clustered between $1.90 and $2.10. This zone now serves as critical support. A breach below $2.063 risks triggering a cascade of automated sell-offs, amplifying downward pressure. Market participants are bracing for potential turbulence as the threshold looms.

XRP Ledger Hits 1 Million Transactions as On-Chain Activity Surges

The XRP Ledger (XRPL) has surpassed one million transactions in early May 2025, marking a significant milestone in network activity. Data from XRPSCAN reveals a sharp spike in payments between accounts during the first week of the month, signaling renewed confidence in the blockchain.

Despite recent market volatility, XRPL’s adoption continues to grow. Transaction activity slowed between March and April but rebounded strongly in May, driven by the ledger’s fast, low-cost transfers and expanding use cases in tokenization and decentralized finance.

Analysts attribute the resurgence to institutional interest, though details remain speculative. The network’s resilience underscores its positioning as a key player in blockchain infrastructure.

Analyst Debunks $1,000 XRP Price Target, Highlights Market Cap Realities

Bold predictions of XRP reaching $1,000 persist across crypto forums, but analyst Jasmin counters these claims with sobering math. Such a price WOULD require a 46,848% surge—a scenario only plausible with unprecedented global adoption by financial institutions.

Ripple’s blockchain technology, while innovative, faces structural barriers to achieving this valuation. Market cap constraints make four-digit XRP prices economically implausible without complete dominance of cross-border payments.