The cryptocurrency market has recently been under pressure, with leading assets recording notable declines. XRP, in particular, has been hit hard, falling below the $3 threshold and sparking concerns among investors.
Despite the current downturn, market analyst Jay has issued an optimistic forecast, suggesting that XRP could still achieve double-digit prices within the ongoing cycle.
Recent XRP Performance
Predictions for Other Major Assets
Alongside his XRP forecast, Jay outlined ambitious targets for several leading cryptocurrencies. His estimates include a peak of $469,000 for Bitcoin, $25,000 for Ethereum, $1,000 for Solana, and $300 for Hyperliquid.
These price levels represent potential gains of 328% for BTC, 528% for ETH, 395% for SOL, and 570% for HYPE. Compared to these figures, XRP’s projected 256% increase appears less aggressive, though still significant in scale.
Possible Catalysts for XRP’s Growth
Although Jay did not provide specific reasons behind his projections, several recent developments may support optimism for XRP. Foremost among them is the anticipation of additional spot-backed XRP exchange-traded funds.
While XRP’s price remains under pressure in the short term, long-term forecasts such as Jay’s suggest that a sharp recovery could be possible if broader market conditions improve.
A climb to $10 would represent a significant milestone for the asset, though it depends heavily on institutional adoption, ETF-driven demand, and integration into the DeFi ecosystem.
The ambitious projections for Bitcoin, Ethereum, Solana, and Hyperliquid further highlight expectations for the cycle, but whether XRP can match its bold $10 target remains uncertain.
