Bitwise Asset Management's study forecasts XRP hitting $29.32 by 2030 in its 'Max Case' scenario.
The forecast is based on a custom CAPM equation and assumes XRP securing a significant portion of the payments and tokenization use cases.
Factors contributing to the bullish outlook include token mechanics, limited supply, and potential regulatory developments favoring XRP.
The study highlights the potential for XRP to compete in a tokenized payment ecosystem, with a $29.32 price target, well above the current trading price of $2.14.