Can XRP Reach $100? XRP Army Responds
Challenges for XRP to Reach $100
Many XRP enthusiasts agree that reaching $100 will require a combination of factors that all work in XRP’s favor. These factors include a significant increase in global demand for XRP, increased adoption of XRP technology for real-world payments, and perhaps even changes in market structure, such as token burning or new financial regulations.
The $5.2 trillion market cap mentioned by the XRP Avengers is an astronomical figure. Currently, Bitcoin, the largest cryptocurrency by market cap, is trading at just over $1.3 trillion under most market conditions, making XRP’s hypothetical future valuation more than four times higher.
Such a massive increase highlights a fundamental question: whether the global financial infrastructure will need such a large number of XRP tokens. For XRP to reach such levels, it will likely require mass adoption by global financial institutions and payment systems.
Ripple, the company behind the token, has taken steps to promote such adoption by forming partnerships with global banks and payment providers. However, the transition from building partnerships to achieving active daily transactions remains an ongoing challenge.
