“XRP needs a 216% surge to hit $5,” concluded analysts from the financial publication 24/7 Wall St., evaluating the coin’s prospects. Moreover, they believe that such growth would push the asset’s market cap to $300 billion, nearly matching Ethereum’s current valuation.

As experts noted – “What XRP needs is real usage—demand that takes coins out of circulation.” But they also clarified that growth is hindered by regular monthly token unlocks from Ripple’s escrow and the U.S. Senate’s failure to pass the CLARITY Act.