"Over the last five years, XRP has delivered an average annual return of 105%, despite several deep corrections and weak periods. That positive performance has left traders questioning where XRP could realistically trade by 2031. To answer that, we looked into XRP's historical performance and its near and long-term catalysts to identify realistic targets for the next five years."
"In 2021, XRP gained 277%, with its biggest monthly gains coming in January (122%) and April (174%). In 2022, the market entered a bear cycle-driven by the Terra/LUNA collapse, rising interest rates, and a significant decline in liquidity. XRP was down by 59 by December, with its price falling from $0.83 to $0.34."
"XRP's biggest turning point came in July 2023 when a Judge ruled that it was not a security when sold on public exchanges. That legal win triggered a 47% rally, with XRP recording four consecutive green months between September and December."
"Between Q1 2027 and Q4 2029, Ripple must take big steps in becoming a major player in global payment systems. If XRP becomes a major payment option globally, and RLUSD sees higher transaction volume, the coin could become a utility-driven asset. Bitcoin halving has historically triggered rallies within the following 12 to 18 months. The buildup to next halving by 2028 could see XRP reach $3-$5 by the end of 2027, $5-$8 by Q4 2028, and $8 to $12 by December 2029."
XRP delivered an average annual return of 105% over the last five years, including major rallies and deep corrections. In 2021 it gained 277%, with standout monthly increases in January and April. In 2022 it fell sharply during a bear cycle driven by the Terra/LUNA collapse, rising interest rates, and declining liquidity, dropping from $0.83 to $0.34 by December. A key turning point occurred in July 2023 when a judge ruled XRP was not a security when sold on public exchanges, triggering a 47% rally and four consecutive green months. Future targets depend on Ripple’s progress in global payments, RLUSD transaction growth, and Bitcoin halving effects, projecting $2.50–$12.00 from 2026–2029 and $12–$24 for 2030–2031.
Read at 24/7 Wall St.
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