XRP Set for 100x Surge to $225: The Future Looks Bright

XRP appears ready for a significant price increase that could transform its position in the cryptocurrency market. According to crypto analyst Chad Steingraber, enhanced ETF activities could drive XRP to reach $225 per token. This forecast is based on an in-depth analysis of supply and demand dynamics, highlighting the potential impact of increased institutional investment.

Key Takeaways

Chad Steingraber forecasts that XRP could rise to $225, representing a 100-fold increase.
The price increase is driven by ETF inflows and institutional demand which create a supply-demand imbalance.
Short-term price fluctuations are minor compared to the anticipated structural changes in the market.
Current projections indicate significant absorption of XRP by major funds, potentially reducing its circulating supply rapidly.

XRP Future: SEC Filings Signal Imminent ETF Approval—Is This the Moment for XRP to Reach $1000?

XRP’s Path to a 100x Surge at $225

Chad Steingraber projects that XRP could reach $225 through a series of milestones. He envisions the price increasing in phases: first to $11.25, then to $22.50, followed by $45, $90, and $135, ultimately culminating in a 100-fold rise to $225. This ascent reflects how supply is absorbed and prices adjust: as ETFs purchase more XRP, the price rises, which moderates accumulation and sustains market equilibrium. According to Steingraber, the result is a likely rapid increase in XRP’s price.

Currently, XRP is experiencing a slight decline of 1.8% over the past 24 hours and an 8.4% decrease over the last two weeks. Steingraber argues these short-term movements should not overshadow the more significant structural forces at play. Institutional interest and ETF-driven demand are anticipated to create an imbalance in supply and demand, propelling XRP above its present trading range.

Steingraber asserts that the expected surge in XRP’s price to $225 as part of a 100x rally is not merely speculative; it is a logical consequence of institutional involvement, ETF investments, and limited supply.

How ETF Inflows Affect XRP’s Supply

Steingraber illustrates how XRP could be absorbed at an impressive rate that significantly diminishes its circulating supply in a short timeframe. Under cautious estimates suggesting $33.6 billion in annual inflows from ETFs and institutions, he predicts that nearly all available XRP could be acquired within one year. In more optimistic scenarios, where larger asset managers like BlackRock participate, the entire circulating supply could be secured in less than six months.

To show the scale of demand, he details that seven significant funds are acquiring an average of $20 million each per day. This totals $140 million daily, $700 million weekly, and $2.8 billion each month, reaching $33.6 billion annually. At XRP’s current price of $2.20, these influxes allow institutions to gather significant tokens rapidly, creating a scenario of heightened scarcity.

This situation makes a notable price rise inevitable, as increased prices will slow acquisitions based on fixed allocations and stave off ETFs from quickly exhausting the market. Consequently, XRP’s price increase serves not just as a reaction to market trends but as a necessary measure to maintain balance amid substantial institutional buying.

XRP Price Chart from TradingView.com Price movement shows a sideways performance | Source: XRPUSDT on TradingView.com