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XRP Price Prediction: Analyst Explains $15 Target via ETF Market Cap Boost

  • An analyst has used the market cap multiplier equation and JPMorgan’s projection to predict that XRP could hit $15 in just a year.
  • The analyst admits that the projection does not account for future markets and trading activities on the Decentralized Exchange on XRPL.
  • JPMorgan estimated that the XRP ETF could attract $4-8 billion in the first year, based on the adoption and performance of Bitcoin and Ethereum ETFs.
  • Using a conservative multiplier, the estimated inflow of $4 billion to the XRP ETF could result in a total valuation of $925 billion and a price of $15 per token.

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