XRP Developer Predicts Major Price Shift and New Discovery Phase

An XRP Ledger developer, known as Bird, has predicted a significant change in XRP's value relative to Bitcoin, suggesting that 5,000 XRP could equal one Bitcoin by 2026. This indicates a potential shift into a "price discovery" phase for XRP.

  • Bird proposes a scenario where XRP reaches $27 and BTC is valued at $135,000.
  • This prediction suggests a repricing of XRP's utility rather than just following Bitcoin's movements.
  • Bird highlights $2.70 as a critical level for XRP, marking the start of potential new all-time highs.
  • He emphasizes XRP as a long-term investment, contrasting it with bank savings affected by inflation.
  • XRP is positioned as an alternative store of value, benefiting from legal clarity and technological advancements.
  • Current developments like cross-border payments and tokenization on the blockchain are seen as key growth drivers.
  • Bird recommends self-custody of XRP as a way to mitigate custody and counterparty risks.
  • The timing of the prediction aligns with upcoming macroeconomic events and legislative changes in the US.

At the time of writing, XRP is trading at $2.06.

XRP price chart