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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.