''XRP will soon reach a market capitalization of 100 billion euros''

The crypto world is perplexed by the recent rise of XRP. Why, according to a Ripple lawyer, there is still price potential, we explain here.

Since Donald Trump's election victory, a long-depreciated token has been surprising the cryptocommunity. The Ripple token (XRP) recently broke through the 1 euro mark and soared to a peak of 1.60 euros - tripling in price.

Background to this is the four-year legal dispute between Ripple Labs, the company behind XRP, and the U.S. stock market watchdog SEC. The hope of a new, crypto-friendly SEC director gave the altcoin a second life.

At the time of writing, XRP is trading at 1.36 euros, representing a 4.6 percent drop in price from the previous day. Compared to a week ago, however, the Ripple token is still 31 percent in the plus.

Pro-Ripple lawyer John E. Deaton recently made a striking statement on X: "XRP will soon reach a market capitalization of 100 billion euros. Times are changing." What sounds very optimistic is nevertheless realistic. Currently, the market capitalization of XRP is at 77 billion euros. If the price rises to around 1.76 euros, the predicted limit will be reached.

Financial coach and crypto investor "The Bearable Bull", meanwhile, has already determined a minimum value: "We will never see XRP fall below 1 euro again," he writes on X.

Ripple CEO Brad Garlinghouse, meanwhile, praises Trump's appointment as Treasury Secretary: "Scott Bessent is the perfect choice [...]. He will be the most innovation- and crypto-friendly finance minister we have ever seen."