Analyst Egrag Crypto believes XRP could rise to 10 USD this cycle, needing a 2.94 times increase from its current price of 2.25 USD. Egrag cites previous bull runs of Bitcoin and Ethereum as indicators of XRP’s potential.

Currently, XRP’s trading volume has decreased by 17% to 5.56 billion USD, following a 12% drop over the past week, creating uncertainty among traders. Despite this, Egrag remains optimistic about XRP’s growth.

Egrag estimates XRP’s market cap could expand to between 500 billion USD and 700 billion USD as blockchain adoption increases. He also forecasts that XRP could hit 100 USD in future cycles, depending on its price movements.