Finder’s Experts Forecast Potential Surge in XRP Price

Financial comparison platform Finder has updated its XRP price prediction for 2024 based on input from a panel of fintech experts. The panel’s average prediction for XRP is $0.66 this year, with the forecast suggesting it could rise to $1.05 by the end of 2025 and reach $2.49 by 2030, driven by its role in cross-border payments and strategic partnerships. Expert predictions vary widely, ranging from $0.30 to $6.45 by 2030, reflecting differing market outlooks.

Finder’s 2024 XRP Price Prediction Updated

Finder, a financial comparison platform, updated its XRP price prediction for 2024 last week, drawing on insights from a panel of fintech experts. “Finder’s panel of fintech experts anticipates, on average, XRP will close 2024 at a price of 66 cents,” Finder stated, adding:

Looking further ahead, on average, our panel estimates XRP’s value to hit US$1.05 by the end of 2025 and $2.49 by 2030.

These forecasts are based on XRP’s role in cross-border payments and strategic partnerships with major financial institutions, although potential regulatory hurdles, particularly those involving the Securities and Exchange Commission (SEC), could affect its long-term trajectory. XRP is trading at $0.60 as of writing.

The panel’s predictions for XRP vary, reflecting different market outlooks. Mitesh Shah, founder and CEO of Omnia Markets, is optimistic, forecasting that XRP could reach $0.75 by the end of 2024. Shah bases his prediction on three main factors: the continuation of short-term momentum driven by positive sentiment around Ripple’s legal developments and stablecoin initiatives; potential regulatory clarity from a resolution of the SEC lawsuit, which could strengthen XRP’s independent status; and the current market cycle, where a bull run in cryptocurrencies may support XRP’s price, regardless of bitcoin’s fluctuations.

Additionally, Shubham Munde from Market Research Future predicts significant long-term growth, suggesting XRP could climb to $6.45 by 2030 due to widespread adoption by financial institutions, while John Hawkins from the University of Canberra remains cautious, predicting a potential dip to $0.30.

What do you think about Finder’s updated XRP price prediction for 2024 and beyond? Do you agree with the panel’s varied outlooks? Let us know in the comments section below.

Source