- BitBoy highlights key factors driving a potential XRP rally, including a possible Trump victory, the firing of SEC Chair Gary Gensler, the end of the Ripple lawsuit.
- A Ripple IPO in 2025 and the potential adoption of XRP by BRICS nations as a payment solution could further accelerate the altcoin’s growth.
Crypto market investors and analysts have started looking past the Ripple vs SEC lawsuit, hoping for strong gains for Ripple’s native crypto XRP. Ben Armstrong, the popular cryptocurrency influencer also called “BitBoy” shared a bold prediction for XRP’s future.
As per his recent post on the X platform, Armstrong said that XRP will displace Ethereum for the second spot on the crypto list by the year 2025. In his video, Armstrong pointed out that it is not impossible as XRP has flipped Ethereum in the past. In January 2017, XRP surpassed Ethereum for a very short period of time.
However, the altcoin’s fighting spirit ended after it entered into a legal battle with the U.S. Securities and Exchange Commission (SEC) back in December 2020. Crypto influencer BitBoy expects Ethereum to surge only 2.5x to 3x during the next bull run thereby taking its market cap to $1 trillion at the max.
He suggests this is a more likely scenario than a 3.5x surge, due to the significant resistance ETH will encounter while attempting to surpass the psychological barrier of a $1 trillion market cap.
Predicting a 20x Bull Run for XRP
On the other hand, Armstrong thinks that XRP’s participation in the bull run is long overdue. Thus, he believes that a 20x XRP price is not impossible moving ahead. As of press time, XRP is trading at $0.5297 with a market cap one-tether to Ethereum i.e. $30 billion. Thus, an XRP surge by 20x would push the price to $11 with a market cap of $600 billion.
Armstrong stated that unlike Solana which has seen strong momentum since the last year, the XRP altcoin hasn’t made much move. He also believes that XRP could surpass ETH due to Ethereum’s slower momentum. He predicts that ETH will have already peaked and begun its decline by the time XRP starts to rise. Furthermore, he asserts that if XRP experiences a 25x or 30x surge, it is certain to overtake Ethereum. As reported by Crypto Key News, a Trump presidency could boost the prospects of an XRP price rally.
Factors That Can Contribute to the Mega Rally
Crypto influencer BitBoy highlighted some of the key factors that could drive the XRP price to new highs. He expects that following the Donald Trump victory next month, the President will be firing SEC Chair Gary Gensler as promised. This would increase the prospect of a final settlement in the Ripple lawsuit clearing the way for the XRP rally. As reported by CNF, the XRP whale activity has already started picking up beforehand.
These events could bring the XRP lawsuit to an end, trigger more ETF filings, and possibly lead to an appeal, propelling XRP by 30x to $16.5 and pushing its market cap past $1 trillion. Additionally, Ripple’s IPO, expected in late 2025, could further boost XRP to as high as $22, per the CNF report.
The biggest wildcard, however, is the potential adoption of XRP by BRICS nations as a liquidity and payment solution. According to Armstrong, if this happens, the sky’s the limit for XRP’s growth.
