An analyst tracking XRP has floated a long-term price target of $9 for the token, but stressed that this is a multi-year scenario rather than a near-term prediction. As of March 13, XRP was attempting to bounce back below $1.10, with the analyst arguing that the asset's fundamentals are building faster than its price reflects.
Key resistance levels and the 'relief rally' view
According to the analyst cited by CoinTelegraph, XRP must first close above $1.16 on a daily basis to gain real upward momentum, followed by a move to $1.24. The current bounce resembles a 'relief rally' from the June 6 low, and a sudden surge to $2 is not expected in the near term.
Fundamentals lagging price action
A core argument is that XRP's price has historically reacted slowly to positive developments. The analyst pointed to the period from 2022 to 2024, when XRP surged over 1,000% despite fundamentals improving well before the price moved. This pattern, he argues, suggests that current accumulation of catalysts may eventually drive price higher.
ETF inflows and tokenization growth
Forbes now ranks XRP as the fourth-largest cryptocurrency by market cap, citing its use in real-world payments and institutional adoption. Since the launch of XRP ETFs, over $1.3 billion has flowed into these products. Meanwhile, the UK government's tokenization task force includes 54 firms such as BlackRock ($BLK), Goldman Sachs ($GS), JPMorgan ($JPM), and Morgan Stanley ($MS).
The XRP Ledger has also expanded rapidly. Tokenized assets on the network have grown from roughly $150 million to over $4 billion in one year, with more than 500 tokenized products listed. In the last 90 days, real asset inflows reached $1.9 billion, surpassing Ethereum (ETH), Stellar, BNB Chain, and Solana (SOL). The stablecoin market cap on XRP Ledger rose over 13% in a month to about $1.02 billion.
Broader market context
With the total crypto market cap at roughly $2.21 trillion—up from below $500 billion in 2020—the analyst sees the overall market size as supportive of long-term optimism. He concludes that adoption metrics and real-world use cases often signal direction better than short-term price moves.
While XRP's near-term trend remains uncertain, indicators like ETF inflows and tokenization growth suggest upside potential remains. The $9 target is strictly a long-term scenario, so investors should focus on supply-demand dynamics and adoption rates rather than price alone in the short run.