1 USD to XRP - US Dollars to Ripple Exchange Rate (2024)

FAQs

1 USD to XRP - US Dollars to Ripple Exchange Rate? ›

The live price of XRP is $ 0.614555 per (XRP / USD) with a current market cap of $ 34.36B USD. 24-hour trading volume is $ 2.16B USD.

The live price of XRP is $ 0.614555 per (XRP / USD) with a current market cap of $ 34.36B USD. 24-hour trading volume is $ 2.16B USD.

1 XRP equals 0.60 USD. The current value of 1 XRP is +0.06% against the exchange rate to USD in the last 24 hours. ​ The current XRP market cap is $33.48B.

The XRP market is well-positioned for a price surge between now and October, driven by a potential breakout on the charts, whale activity and the end of Ripple's legal battle with the SEC. In doing so, the XRP/USD pair could finally see values near or above $1, a level it hasn't attained since 2021.

Crypto analyst JackTheRippler has raised the possibility of the XRP price rising to $100 soon enough.

The Path to A Double-Digit Price

He believes the asset's true value lies between $8 and $20 and predicts it will reach this range by 2026.

At a $1,000 price, the market would need to move 1 billion XRP tokens to account for a $1 trillion volume and 20 billion tokens for a $20 trillion volume. For XRP to clinch a $1,000 price, it would need to skyrocket by a massive 188,543% from its current value of $0.5301.

Does XRP have a future? ›

David Cox, writing on the CryptoNewZ platform, anticipated that XRP could reach a high of of $1.53 by 2025, with a low of $1.06 for the same year. Another Ripple price forecast by AMBCrypto estimated the XRP price could hit a high of $2.01 in 2030, with a short term prediction of a high of $0.61 in 2024.

XRP Price Prediction - Bullish Market Scenario

The following details encapsulate the optimistic outlook for XRP's financial future: If the crypto market cap hits $3 trillion and XRP retains its current 1.10% dominance, its price could ascend to $0.589 by 2025.

Ripple's rocket ride may be risky

But it would be a mistake to expect skyrocketing prices in 2024, and $5 is an unrealistic target for the next few years. The true wealth-building gains will come in the long haul, as RippleNet expands to more countries and becomes more widely used.

Crypto hedge fund manager, Thomas Kralow, previously predicted that XRP would hit $US30 a coin in 2023. This prediction fails to consider the mathematical improbability of XRP reaching this price, as the total supply of 100 billion coins means the project's market cap would be $US3 trillion dollars.

Some XRP holders are even wondering if Ripple could reach $10,000. The short answer is that Ripple will never reach $10,000 or a price even close to this level. The reason for this is that the supply of XRP is simply too large for the coin to reach $10,000 in any realistic scenario.