Analyst Predicts XRP Price Could Reach $473,214 with Tokenization

Crypto analyst Costa predicts that the price of XRP could reach $473,214 if 10% of global assets are tokenized on the XRP Ledger (XRPL). This estimate is based on Ripple's projection that $50 trillion in assets will be tokenized by 2030.

Key Points

Costa's prediction relies on a potential inflow of $10 billion, leading to a market cap increase of $5.3 trillion.
He asserts that each $10 billion in inflows could multiply the XRP price by 516 times.
His calculation estimates an XRP price of $473,000 based on hypothetical scenarios.
Despite current downtrends, analysts expect XRP to rebound and potentially exceed previous highs.
The Federal Reserve may implement a 25-basis-point rate cut, which could boost liquidity for XRP.
Market sentiment indicates a possible rally to $6, provided XRP maintains its price range.

Currently, XRP is trading at approximately $2.81, reflecting a decrease over the last 24 hours.