• Ripple XRP could soar to $29.32 by 2030, according to Bitwise, if it captures a major share of the payments and tokenization markets.
• Ripple’s legal battle with the SEC is nearly over, and an upcoming XRP ETF could reignite investor interest.

Cryptocurrency investors are buzzing after Bitwise, a leading crypto index fund manager, unveiled its ambitious price targets for XRP. The firm predicts that XRP could skyrocket to a staggering $29.32 by 2030, but this bullish scenario hinges on the token capturing a significant share of the payments and tokenization sectors.

The Path to a $2.9 Trillion Market Cap

Bitwise’s optimistic projection is based on the Capital Asset Pricing Model (CAPM), which evaluates potential market growth. If XRP successfully secures even a modest portion of the booming real-world asset tokenization market, its market cap could soar to $2.9 trillion—a figure that rivals the current valuation of Microsoft.

The Bull, Bear, and Collapse Scenarios

Bitwise has outlined three possible trajectories for XRP:

• Max Scenario: XRP reaches $29.32, driven by widespread adoption in payments and tokenization.
• Bull Scenario: The price hits $12.70, assuming steady network growth but limited adoption in key financial sectors.
• Bear Scenario: XRP plummets to $0.13 if institutional interest wanes and adoption stagnates.

Ripple Key Catalysts for XRP’s Future

Despite the optimism, XRP has struggled to gain momentum, even after Ripple legal battle with the SEC took a favorable turn. However, one catalyst could change everything: an XRP ETF in the U.S.. With Bitwise already filing for an ETF and analysts predicting that BlackRock and Fidelity may enter the race, regulatory approval could be the spark that reignites XRP’s price action.

While the $29.32 target may seem far-fetched, the explosive growth of other cryptocurrencies in past cycles suggests that anything is possible. Whether Ripple emerges as a dominant force in tokenization or struggles to find its footing, one thing is certain: the next decade will be pivotal for XRP holders.