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Widely followed investor Paul Barron has shared his view on $XRP breaking into the double-digit price range someday.
This came during a recent podcast featuring Rupert from Allin Crypto. Rupert highlighted that crypto markets, often driven by human behavior, are entering a critical stage.
While activity in the altcoin space has been slower recently, he suggested that September could mark a turning point with the potential approval of spot ETFs. Rupert noted that historically, ETF approval news and their effectiveness in driving investment have sparked strong price reactions, particularly for Bitcoin.
“$XRP has a kind of unique positioning with regard to its own specific news. I don’t think people are bullish enough. In fact, I think you’re going to see insane things,” he said.
Building on this bullish outlook, Rupert predicted $XRP could reach $19.27 in the near term. Notably, $XRP is currently trading at $2.95, and reaching this lofty target would require a growth of 553%. This would also give $XRP a a new all-time high valuation of $1.14 trillion.
Rupert believes the value could climb even higher. “Beyond that, how do you value $XRP?” he asked Paul Barron.
$60 Could Be Next
Host Paul Barron expanded on that outlook, pointing to larger catalysts that could drive a dramatic move higher for $XRP. He suggested that if $XRP ever approaches $20, it would signal that something significant has changed.
Specifically, he cited possibilities such as ETFs opening the door for 401(k) allocations or $XRP replacing SWIFT in international settlements.
While he dismissed extreme forecasts of $500 or $1,000 per token in the near term, Barron set his own target of $60. He stated that this is where he believes $XRP could land within 12 months if the bullish catalysts do unfold.
Notably, $XRP has a significant journey ahead to reach $60—or even $20. Its price would need to increase by 1,933% to reach $60, or 578% to hit $20. For context, a $60 $XRP would imply a market cap of $3.56 trillion, surpassing Bitcoin’s current valuation.
Interestingly, analyst Dustin Layton has expressed a similar sentiment, albeit with a more aggressive timeline. Layton believes $XRP could reach $50 by the end of this year.
Strong Community Momentum
Meanwhile, Barron also shared insights from his Market Sentiment Index (MSI), a tool for tracking investor sentiment across social platforms. He noted that $XRP hit an all-time high in MSI during mid-July, coinciding with a major price rally. Another surge in sentiment on August 3 also aligned with upward price action.
For Barron, these data points confirm that $XRP’s community plays a powerful role in driving momentum. When sentiment spikes, price moves tend to follow. This supports his view that $XRP could be set for significant gains if current trends continue.