Bitcoin Pundit projects XRP to $10 as Ripple CEO suggests 2025 for XRP ETF launch

TheWignus, a Bitcoin investor with over 2.4 million X followers, stated that XRP is heading towards the $10 target.

This bullish outlook is based on the anticipated launch of an XRP exchange-traded fund (ETF). In a recent post on X, TheWignus stated that XRP is poised to a price of $10. The basis of his prediction is Ripple CEO Brad Garlinghouse’s anticipation of an XRP spot ETF in 2025.

XRP at $10 as ETF to be launched in 2025

Garlinghouse we discuss the expected timeline for the XRP ETF during a conversation with FOX Business. He emphasized the importance of having a variety of crypto ETFs beyond just Bitcoin and Ethereum to provide more investment diversification options.

When asked when the market could expect an XRP ETF, Garlinghouse expressed an optimistic outlook, suggesting a 2025 launch.

The Ripple CEO’s positive statements sparked considerable enthusiasm in the community. TheWignus is among those who have set a high target price for XRP as a consequence of ETFs investing in it.

Notably, this sentiment is confirmed by the performance of Bitcoin, which saw its 2021 all-time high surpassed just two months after the introduction of Bitcoin spot ETFs to the US market.

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$10 XRP Demands Formidable 1,904% Raise

Notably, XRP is currently trading at $0.499, having fallen by 4.27% in the last day. To reach the target of $10 from the current value, an increase of 1,904% would be required.

Other market watchers have also argued that XRP could reach $10 during this bull run, although most would not base their confidence on an XRP ETF.

As previously reported by The Crypto Basic Bitcoin day trader Emily recently stated that a $10 price for XRP is inevitable, especially if Bitcoin reaches $100,000. She and four other analysts, citing historical chart patterns, conveyed optimism that a significant rise in XRP is imminent.

Likewise, Web3Alert founder Nick previously argued that XRP reaching the $10 target is not an unreasonable prospect. According to him, the resulting market cap of $550 billion to $1 trillion is not out of the ordinary, especially considering the market caps of Bitcoin and Ethereum.

Despite the optimism, many continue to dismiss these optimistic feelings as fanciful due to XRP Underperformance in this bull market. Notably, XRP continues to trade below $1.

Disclaimer: This content is informational and should not be considered financial advice. The opinions expressed in this article may include the personal opinions of the author and do not reflect the opinion of The Crypto Basic. Readers are encouraged to do thorough research before making any investment decisions. Crypto Basic is not responsible for any financial losses.

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