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18 03, 2025

While XRP Sets Sights on a $5 Breakout, Remittix (RTX) May Achieve That Milestone First

By |2025-03-18T10:02:18+02:00March 18, 2025|Crypto News, News|0 Comments

Crypto headlines are focused on XRP price predictions today due to the upcoming April 16 conclusion of the Ripple vs. SEC courtroom battle. XRP has been burdened by this legal dispute since December 2020 and may soon resolve its regulatory uncertainty.

Another project called Remittix (RTX) remains under the public eye while its presale performance signals upcoming success that surpasses XRP’s current trajectory. Investors are demonstrating their enthusiasm for this leading DeFi coin because of various significant factors. Let’s find out!

XRP Price Predictions: Can SEC Ruling Ignite $5 Rally?

The Ripple vs. SEC lawsuit, which concluded on April 16, 2025, remains the determining factor for XRP’s future. This case, which challenges if XRP is a security, has been the main factor behind Ripple’s stagnating price for over four years prior to XRP surge in December 2024.

While XRP Sets Sights on a  Breakout, Remittix (RTX) May Achieve That Milestone First

XRP maintains a trading value of  around $2.33 on March 17 and has climbed 5.7% since the previous week yet remains at a 30% decline from its $3.10 peak reached on March 3 according to Coingecko data. 

The analysts at Coinpedia predict XRP will reach $5 by mid-2025 after a positive court decision brings back institutional investors and regulatory clarity. XRP faces the possibility of falling to $1.50 in case the court rules against it instead of reaching the predicted $5 by 2025.

Recent industry developments strengthen the case for an XRP price increase. The major European bank collaboration between Ripple became public on March 10 which expanded its worldwide footprint. Network utilization seems to be declining based on reports of a staggering 90% reduction in payment volume.

The $5 price target for XRP depends on successful litigation for its utility while competing against newer projects such as Remittix.

Remittix (RTX): The PayFi Pioneer That Will Disrupt Global Payments

The Remittix (RTX) platform enters the crypto market to provide a disruptive PayFi platform that combines blockchain effectiveness with fiat usability for transforming international money transfers. 

Users can send money across the world using Remittix without hidden fees because it offers a flat-fee payment structure. Remittix operates under an inclusive mission which enables users to make payments through multiple options worldwide. 

The disruptive nature of RTX as a fintech company exists in the way its modern technology and practical features generate excitement about achieving lasting success.

The Remittix presale has achieved extraordinary results. The fundraising campaign for March 17, 2025 reached $13.9 million in investments by distributing tokens at $0.0734 each price point which reflects promising future potential.

The market has already purchased 520 million RTX tokens which indicates the tokens may increase by 800% before the presale ends. The Remittix platform reaches higher demand by implementing gradual token distribution among its 2 billion token supply.

The platform combines blockchain with fiat banking to deliver superior performance than XRP’s bank-based system alongside a flourishing community structure that differs from XRP’s corporate management system. The current market forces XRP to challenge for recognition but Remittix moves toward achieving the $5 price point and greater success through its innovative trustworthy system.

Don’t Miss Out: Get Your Remittix Tokens Before the Presale Ends

The opportunity Remittix provides goes beyond traditional investment because it guarantees access to revolutionary international payment technology. 

The courtroom battles around XRP do not affect Remittix development as the platform keeps moving forward with its established community ensuring long-term success beyond market speculation. Join now and secure your future!

Discover the future of PayFi with Remittix by checking out their presale here:

Website: https://remittix.io/

Socials: https://linktr.ee/remittix


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18 03, 2025

XRP Price Prediction: Ripple Holds $2 Support – Breakout to 10 $ or Fakeout?

By |2025-03-18T03:59:07+02:00March 18, 2025|Crypto News, News|0 Comments

XRP is once again showing strong potential to lead the next market rally, much like it did in the previous cycle when it broke free from a year-long period of stagnant trading and rebounded.

With support holding firm at $2 and growing speculation about a final SEC settlement, investors are wondering – could XRP be on track for a surge to $10?

Meanwhile, the most famous digital asset could be getting a much-needed upgrade, thanks to the new StratoVM (SVM). This project introduces a new Layer-2 blockchain for Bitcoin designed to solve some of its biggest issues and enable it to be used beyond its current transactional role.

Let’s check out the details.

XRP Consolidates at $2 – Analysts Debate Whether a Bull Run Is Imminent

XRP is trading around $2.30, with analysts divided on whether it’s building momentum for a breakout or losing steam.

This follows a massive 250% rally in late 2024 and early 2025 driven by Ripple’s growing institutional presence. Japan’s banking sector has integrated XRP at nearly 80%, while Brazil’s XRP ETF launch in February has further cemented its role in global finance.





XRP 7-day price chart, Source: CoinMarketCap

Technically, XRP is at a crucial juncture. The $2 level aligns with the 0.888 Fibonacci retracement from its December surge, acting as a shaky support after briefly dipping below it. Resistance sits at $2.60-$2.65, with $3 as the next psychological barrier if bulls take control.

The RSI on the daily chart is between 42-45, dropping from 56 last week, suggesting fading momentum but avoiding oversold conditions. Its 50-day EMA at $2.45 is approaching the price, while the 200-day EMA at $2.40 provides a solid base. A tightening Bollinger Band suggests a significant price move is imminent.

Adding to speculation, rumors of an upcoming SEC settlement could send XRP soaring. The Modern Investor predicts that if the U.S. eliminates the capital gains tax on crypto, XRP could surge to $10.

CryptoDaily analysts also call XRP a “sleeping giant,” pointing to growing adoption and regulatory clarity as key drivers for a potential rally.

StratoVM (SVM) Brings Speed, Scalability, and Efficiency to Bitcoin – Is This the Future of BTCFi?

StratoVM ($SVM) could make an impact on the crypto industry by enhancing Bitcoin with impressive features, addressing its historical limitations in decentralized finance (DeFi), artificial intelligence (AI), and smart contract functionality.

Currently valued at $0.2463, following an impressive 10,247% growth in one month, this Layer-2 solution is garnering significant attention as a crucial upgrade for Bitcoin’s infrastructure.

XRP Price Prediction: Ripple Holds  Support – Breakout to 10 $ or Fakeout?

SVM 1-month price chart, Source: CoinGecko

Beyond mere scalability, StratoVM establishes a comprehensive ecosystem designed to support meme coins, DeFi platforms, and cutting-edge applications, all while leveraging Bitcoin’s renowned security framework.

The project’s testnet demonstrates robust capacity, managing 56,000 transactions daily and sustaining 113,000 registered wallets, highlighting its readiness for widespread adoption.

With BTCFi’s total value locked leaping from $307 million to $6.6 billion within a year, according to DeFiLlama, StratoVM is well-positioned to lead this sector’s expansion.

Its $25 million valuation, modest compared to CoreDAO’s $990 million, suggests growth potential if adoption continues to rise.

StratoVM’s list of partnerships

Backed by over 50 strategic partnerships and a community approaching 100,000 members across X, Telegram, and Discord, this project exhibits strong foundational support.

Technologically, StratoVM employs a tailored OP Stack rollup optimized for Bitcoin, integrating Celestia for efficient transaction storage while anchoring data to Bitcoin’s blockchain for uncompromised reliability. This modular architecture enhances transaction speed and scalability while maintaining decentralization.

Already accessible via UniSwap, with speculation of a centralized exchange (CEX) listing, the upcoming mainnet launch is anticipated to amplify its influence.

As Bitcoin’s evolution accelerates, StratoVM stands as a transformative force, merging its firm security with modern utility, positioning it for a prominent role in the blockchain evolution.

Bottom Line

XRP is holding steady at $2, with analysts debating whether it’s primed for a breakout or facing resistance. With institutional adoption growing and rumors of a final SEC settlement, a surge to $10 remains a possibility, especially if regulatory conditions improve.

Meanwhile, StratoVM (SVM) is gaining attention as a Layer-2 solution that could expand Bitcoin’s utility beyond simple transactions. With a strong testnet, increasing adoption, and an upcoming mainnet launch, this project could become the leader in the rising BTCFi sector, making it worth watching in the upcoming period.

Please remember that this article is purely informational and not financial advice. Any and all cryptocurrencies are volatile, with prices prone to rapid changes. Always do your own research and consult an expert before joining any crypto venture. We are not liable for any outcomes based on the information in this article. Statements about the future entail risks and may not reflect updates.

Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.

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18 03, 2025

Here’s How High The XRP Price Would Be If It Flips Ethereum’s Market Cap — TradingView News

By |2025-03-18T01:58:22+02:00March 18, 2025|Crypto News, News|0 Comments

Recent data has shown what the XRP price would be if it flips Ethereum’s market cap. Such a development would also lead to a new all-time high (ATH) for XRP. Meanwhile, crypto experts have given their opinions on whether XRP could indeed flip Ethereum. 

How High The XRP Price Would Be If It Flips Ethereum’s Market Cap

MarketCapOf data shows that the XRP price could reach as high as $3.94 if it flips Ethereum’s market cap. This is significant as a rally to this price level would mark a new ATH for the asset. Flipping ETH’s market cap also means that XRP will become the second largest crypto by market cap. 

The XRP price is already on the heels of the Ethereum price. It currently occupies the number four spot with a market cap of $135 billion while ETH boasts a market cap of $227 billion. Crypto analyst Egrag Crypto had previously predicted that the altcoin will flip ETH in this market cycle. In a recent X post, the analyst suggested that it will still likely happen. 

He asserted that the XRP price’s dominance is exhibiting “tremendous strength” as it is on the verge of closing above the 2021 high of 6%, surpassing Fib 0.5. The analyst added that a close above that level would be super bullish since Fib 0.5 is a critical level. Egrag Crypto predicts that the altcoin could surge straight to Fib 0.888 if it successfully closes above 0.5. He noted that this would align with the highs from 2015. 

The analyst stated that this prediction for the XRP price isn’t just speculation. He seems confident in this prediction because of the asset’s utility. While Egrag Crypto believes XRP could flip Ethereum, crypto expert Ansem argues that XRP can never flip Ethereum because its use cases cannot be compared to ETH’s, which boasts a robust ecosystem. 

The $2 Support Level In The Spotlight

Crypto analyst Ali Martinez has again highlighted the importance of the $2 support level. He noted that the price is shaping up a head-and-shoulders pattern on the weekly chart, which spotlights the $2 support level, as holding this price level is crucial. His accompanying chart showed that XRP could drop to as low as $1.2 if it loses this support. 

Crypto analyst Dark Defender also highlighted $2.04 and $2.22 as the critical support levels for the asset. He suggested that it was important for XRP to hold above these price levels as it eyes a rally to the upside targets at $4.2932 and $5.8563. A rally to as high as $5 could see it flip Ethereum, especially if the latter continues to underperform. 

At the time of writing, the XRP price is trading at around $2.3, down over 2% in the last 24 hours, according to data from CoinMarketCap.

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17 03, 2025

Ethereum (ETH) Price Prediction for March 17 — TradingView News

By |2025-03-17T23:57:08+02:00March 17, 2025|Crypto News, News|0 Comments

Buyers are trying to hold the gained initiative; however, some coins are stuck in the red zone, according to CoinStats.CoinStats”>

ETHUSD

The rate of Ethereum ETHUSD has risen by 0.85% over the last 24 hours.TradingView”>

On the hourly chart, the price of ETH has made a false breakout of the local resistance of $1,918. However, if the daily bar closes near that mark or above, the upward move is likely to continue to the $1,950 zone.TradingView”>

On the daily time frame, neither bulls nor bears are dominating. If buyers want to seize the initiative, they need to restore the rate above the $1,963 level. 

If its breakout happens, the accumulated energy might be enough for a test of the vital $2,000 area.TradingView”>

On the weekly chart, one should focus on the nearest level of $1,800. If its breakout happens, the fall is likely to continue to the $1,700 range.

Ethereum is trading at $1,900 at press time.

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17 03, 2025

Bitcoin (BTC) Price Prediction for March 17 — TradingView News

By |2025-03-17T21:56:13+02:00March 17, 2025|Crypto News, News|0 Comments

Bulls are losing their positions at the beginning of the week, according to CoinMarketCap. CoinMarketCap”>

BTCUSD

The price of Bitcoin BTCUSD has remained the same since yesterday.TradingView”>

The rate of BTC has once again bounced off the local support of $82,790. If the daily bar closes far from that mark, one can expect a test of the resistance level by tomorrow.TradingView”>

On the bigger time frame, the price of the main crypto is far from support and resistance levels. The volume keeps falling, which means none of the sides is ready to seize the initiative. 

If the situation does not change by tomorrow, ongoing sideways trading in the range of $82,000-$84,000 is the most likely scenario.TradingView”>

From the midterm point of view, it is too early to make any distant predictions. If the weekly bar closes far from the support of $78,200, there is a chance to see a bounce off to the $86,000-$88,000 area.

Bitcoin is trading at $83,000 at press time.

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17 03, 2025

XRP Price Prediction for March 17

By |2025-03-17T17:54:09+02:00March 17, 2025|Crypto News, News|0 Comments

Most of the coins from the top 10 list keep growing, according to CoinStats.

Top coins by CoinStats

XRP/USD

The price of XRP has increased by almost 1% over the last day.

Article image
Image by TradingView

On the hourly chart, the rate of XRP is breaking the local support of $2.3176. If the daily bar closes below that mark, the fall is likely to continue to the $2.28 zone.

Article image
Image by TradingView

On the bigger time frame, the price of XRP has fixed below the $2.4106 level. 

Related

Cardano (ADA) Price Prediction for March 16

If buyers cannot seize the initiative by the end of the day, there is a chance to see a test of the $2.20-$2.25 area shortly.

Article image
Image by TradingView

From the midterm point of view, none of the sides is dominating. If the weekly bar closes around current prices, sideways trading in the range of $2.20-$2.50 is the most likely scenario.

XRP is trading at $2.3225 at press time.

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17 03, 2025

Dogecoin Well Poised for a 281% Surge to $0.6542: Analyst

By |2025-03-17T15:53:03+02:00March 17, 2025|Crypto News, News|0 Comments

Dogecoin has held crucial support, and analysis suggests the meme coin could be well on its way to a strong rebound near its all-time high.

After months of steep price retracements, the prominent meme coin has found solace at a major support area. Before now, Dogecoin had faced intense downside pressure, correcting 64% from its three-year peak of $0.4846 in December.

However, the asset has recently shown momentum, bouncing 17% from a low of $0.1432 last week to close at $0.1677. Interestingly, the rebound saw DOGE form a dragonfly doji candlestick, fueling optimism of further upsides.

Dogecoin Showing Bullish Signs

Amid the recovery effort, an analysis from Rose Premium suggests Dogecoin looks primed for a dazzling uptrend to higher prices. In a TradingView idea, the market watcher identified the building bullish momentum on the asset’s price chart.

The commentary highlighted that Dogecoin shows signs of a possible breakout from a multi-month falling wedge. The bullish structure started developing after the meme coin’s surge to $0.4846 in December, with DOGE’s recent defense of the $0.14750 support spurring an uptrend toward the tip of the channel.

While Rose Premium stressed the importance of holding the support line, the analyst emphasized that continuing the bullish momentum could spur a meteoric surge to $0.6542. The commentary marked the price mark, 281% away from Dogecoin’s current price at the final target, with take profit (TP) points 1 and 2 at $0.4638 and $0.5534, respectively.

Dogecoin Well Poised for a 281% Surge to alt=
Dogecoin 1W Chart | Rose Premium

Analysis Confirms Bullish Momentum

Meanwhile, another analyst confirmed that Dogecoin has reached and held a crucial support area. Market commentator Mayambours’ TradingView chart exposition shows that the doggy-themed token trades at the bottom of a parallel channel on the weekly timeframe.

With the support disrupting downward pressure, she noted that Dogecoin could resume an uptrend. While the analysis did not mention a specific price target, it suggests a push to higher prices for quarterly investments.

Moreover, Dogecoin has broken out from a resistance trendline as predicted by analyst Trader Tardigrade, and it could be all up from here for the token. In the meantime, DOGE trades at $0.1718, up 2.44% in the past 24 hours.

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

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17 03, 2025

XRP Broke into Price Discovery Against Korean Won Indicating Larger Uptrend May Follow

By |2025-03-17T11:50:09+02:00March 17, 2025|Crypto News, News|0 Comments

XRP recently broke into price discovery against the Korean Won, indicating it entered a phase where larger uptrends could continue.

XRP’s price is currently battling the bears amid persistent turbulence impacting the broader crypto market. Despite this, the altcoin appears to have displayed the greatest resilience, as recently highlighted by Bollinger Bands founder John Bollinger. 

For context, XRP is still up 8.73% this month amid the market downturn, with a more substantial 12.16% increase this year. In contrast, other altcoins are seeing declines. For one, Ethereum (ETH) has collapsed 15.21% this month and is down 43% year-to-date.

The recent market slump follows a previous upward trend that saw multiple assets reach previous highs from November 2024 to January 2025. XRP was one of the biggest beneficiaries of this uptrend, and a recent discovery shows the extent of its explosion was largely underreported.

XRP Reaches Price Discovery Against KRW

A look at the XRPKRW chart shows a remarkable event in January 2025. Notably, within this month, XRP rose to 4,987 KRW, marking a new all-time high.

For context, XRP’s previous all-time high against the Won was 4,750 KRW, attained in January 2018. The run to 4,987 KRW two months back indicates that XRP slightly reached a price discovery phase on the XRPKRW chart. Data shows that this occurred on the back of a massive symmetrical triangle breakout on the monthly chart.

XRP Broke into Price Discovery Against Korean Won Indicating Larger Uptrend May Follow
XRP Against Korean Won

The upper trendline of this triangle started forming as XRP dropped from the previous 4,750 KRW ATH in January 2018, persisting for nearly seven years. Meanwhile, the formation of the lower trendline began in March 2020, as XRP continued to observe higher lows from this level.

The asset eventually broke above the upper trendline amid the upsurge in November 2024, rallying by more than 280% that month. After a brief pullback that lasted for three weeks, XRP rebounded, with this recovery push eventually leading to the 4,987 KRW ATH by late January 2025.

Massive Uptrend Ahead

Notably, when an asset reaches a price discovery phase, it typically witnesses a “free run” to greater heights, as the bears have no decisive past resistance level to capitalize on. This confirms XRP’s potential to secure higher levels once it recovers the 4,987 KRW peak when the ongoing pullback ends. Bollinger also noted that XRP could be the market leader for the broader recovery.

Last October, right before the November 2024 explosion, market analyst Zach Rector shared similar sentiments. The analyst argued that XRP’s suppression was over, and it was “free to run.” A month later, the asset spiked 280%. Despite the upsurge from November and December 2024, Rector still insisted that XRP was “incredibly undervalued.”

In previous disclosures, he had championed some ambitious goals. In January 2025, Rector asserted that ETF inflows could help push XRP to $33. Last October, another analyst, Ralston Maximus, argued that the $30 to $35 price is not ridiculous for XRP. Currently, XRP changes hands for $2.33 and 3,421 KRW.

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

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17 03, 2025

Cardano (ADA) Faces Uncertainty; Investors Liquidating In Favor Of Panshibi (SHIBI) Memecoin, Banking on Its Innovative Roadmap and DeFi Features

By |2025-03-17T09:49:01+02:00March 17, 2025|Crypto News, News|0 Comments


The crypto market is and will always be a tale of two sides. There’s always the rising gem that outshines and leverages on the dull of another. In this case, we’ve got Cardano price prediction forecasting an uncertain future for the top altcoin. On the flip side, a new hybrid meme sensation called Panshibi (SHIBI) is growing rapidly and taking the spotlight from Cardano.


This article explains in detail what part of the Cardano price prediction has triggered this investors’ exodus from the altcoin. More so, Panshibi’s innovative roadmap and DeFi features are thrilling enough to attract the influx of investors its ongoing presale has experienced.  


Cardano Price Prediction as ADA Price Correction Lingers


The Cardano price is struggling to find a foothold in the current choppy market situation, as evidenced by its 3.49% decline in the past day to around $0.7731 after surging by over 17% the previous week.


News of US President Donald Trump’s announcement on his Truth Social page of a US ‘Crypto Strategic Reserve’ sparked an ascent for Cardano’s price at the start of March. But Cardano soon lost the price growth, returning to its previous uncertain habits and now experiencing a downturn in momentum.


While this price decline persists, the biggest Cardano whales have acquired an enormous 420 million ADA, valued at approximately $375 million. Such a large-scale token buy further strengthens the possibility that ADA’s current plunge is a buying opportunity and an optimistic Cardano price prediction ahead.


Investors will now focus on the Cardano price prediction at the end of March. If ADA closes the month above the $1 mark, analysts foresee a bullish Cardano price prediction and expect a 100% breakout opportunity to $2. Meanwhile, if the Cardano price doesn’t end the month above the $1 mark, a bearish trend could begin as the altcoin tests lower price levels at $0.5.


Panshibi ($SHIBI) Stands Out for All The Good Reasons


The Panshibi presale has become home to large crypto investors, including Cardano whales, who are now buying into the new rocketing crypto en masse. This boosted buying pressure could inspire a low-cap crypto sellout sooner than expected. These Cardano whales are in frenzy mode, and judging by the snowballing effect on their price, they’ve found NOW to be the best time to amass the SHIBI token. Considering how fast $SHIBI’s growth has been and the more promise ahead, they are not wrong!


Here’s a project built to drive sustainable community development by blending the best of the Panda and meme coin lovers with Asians in its immersive virtual Bamboo Valley experience. With this social-fi and artificial intelligence mix, Panshibi offers a gamified experience and allows holders to enjoy passive income opportunities. As a $SHIBI holder, you can earn staking rewards of up to 1,200% APY annually.


There is also Panshibi’s visionary roadmap, which outlines developments like the staking program, NFT launches, and global initiatives to propel its value-driven projects with real-world utilities. Moreover, with a thorough, smart contract audit by Coinsult, the 10-year liquidity locks, and the 2-year team token locks, Panshibi guarantees investors it is committed to a long-term vision for the project.


Investors Agree Panshibi Presale is Where The Big Bags Are


The recent Cardano price prediction and movement have been uncertain. Then comes the Panshibi presale. With its current token value of $0.005 in stage 4, the SHIBI presale has amassed more than $1.23 million, a sign of robust investor backing.


These investors believe Panshibi could grow rapidly to as high as 100x after it launches with listings on major exchanges.


You can participate in the Panshibi presale here:


Telegram: https://t.me/panshibi


Twitter: https://x.com/panshibi_


Website: https://panshibi.com



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17 03, 2025

Here’s How High 1 XRP Can Trade if XRP Reaches JP Morgan Market Cap

By |2025-03-17T07:48:13+02:00March 17, 2025|Crypto News, News|0 Comments

The price of 1 XRP could skyrocket to double-digit figures if XRP grows to reach the valuation of JPMorgan Chase, the world’s largest bank by market cap.

XRP has come a long way from its humble beginnings in terms of its market capitalization. The asset, which had a market cap of around $330 million ten years ago, per CoinMarketCap data, now boasts a valuation of $127 billion, making it the fourth-largest crypto asset by market cap.

XRP’s Market Cap Struggles

The rise from $330 million in March 2015 to the current figure of $127 billion represents a 38,384% increase in XRP’s market cap over the past ten years, buoyed by a spike in price action with a minor contribution from the asset’s inflation rate.

Despite the impressive growth within this timeframe, most XRP proponents believe the asset is largely undervalued. They often point to the SEC vs. Ripple case, which has lasted for over four years, as one of the factors suppressing XRP price action and, by extension, its market cap growth. However, speculations of a settlement have emerged of late.

Amid the bullish sentiments triggered by this potential settlement, analysts have continued to make ambitious price projections. For one, some community figures like Amelia have presented audacious targets for XRP if it replicates JPMorgan’s cross-border transaction volume.

XRP Price if It Reaches JPMorgan Market Cap

However, in this report, The Crypto Basic assessed what XRP’s price can be if it captures the market cap of JPMorgan. For context, JPMorgan boasts a market cap of $677 billion at the time of reporting, making it the world’s largest bank by valuation. 

Meanwhile, XRP’s all-time high market cap was around $180 billion, attained in late January 2025, when it reached the $3.4 price level. However, as XRP faces a massive price correction from the $3.4 high, its market cap has declined. With the price now below $3, XRP’s valuation now stands at $127 billion.

Notably, a rise to JPMorgan’s market cap of $677 billion would have some massive implications for price. Currently, XRP has a circulating supply of 58.04 billion tokens. If its market cap reaches $677 billion, the price of 1 XRP Will skyrocket to a double-digit figure of $11.6, representing a new all-time high price.

Interestingly, several market watchers have projected an XRP run to $11. In January, Ali Martinez suggested that XRP could engineer a rally to the $11 mark. For context, XRP currently changes hands at $2.35. To reach $11.6, XRP would need to rally 429% from the current price.

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



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