Analyst expects Ripple price to reach $8-20 range during current market cycle, could it reach $100 after that?

#XRPBackInTop3 Ripple (XRP) price could rise to $20 after its transaction network became the preferred option for completing international payments on the blockchain.

Ripple price continues its upward trajectory amid analysts’ expectations that it may pave the way for a new wave of increases that could push it to unprecedented levels. Crypto analyst Armando Pantoja shared his expectations that the price of $XRP could reach new highs in the range of $8-20 during the current bull market cycle, given that the XRP transaction network has become the preferred option for completing international payments, especially since international money transfers through traditional financial institutions are known for their high costs.

These transactions can now be completed instantly using XRP, and the launch of Ripple Labs’ new stablecoin RLUSD has ushered in a new era where these transactions can be completed on the XRPL blockchain at a negligible cost. Pantoja believes that the limitations of the Bitcoin transaction network—acknowledged by prominent crypto supporters like Elon Musk—could provide its XRP counterpart with the opportunity to become the most efficient and established blockchain for facilitating peer-to-peer (P2P) digital payments.