Is XRP Price Heading to $3? Former Ripple CTO’s 8-Year-Old Prediction in Focus as Hidden Road Integration Scales
Renewed interest in Ripple's institutional expansion and an old prediction by the former CTO have fueled debate over XRP potentially reaching $3.Summary
XRP is gaining attention due to Ripple's institutional growth, specifically the integration of its acquired prime brokerage, Hidden Road, into the NSCC clearing directory. This development coincides with the resurfacing of an eight-year-old prediction by former CTO David Schwartz, who suggested XRP could gain value as a bridge asset for international payments if its cost advantages led institutions to hold it as working capital. Analysts are divided on XRP's future price. Some, like Alex Carchidi, suggest XRP could reach $3 again by 2026, citing the XRPL EVM sidechain development and institutional push. Conversely, others, like Dominic Basulto, warn of potential downside pressure given the current market weakness. CCN analyst Abiodun Oladokun noted that while underlying demand indicators are strengthening, bearish trends suggest XRP could slide toward $1.11 in March unless momentum shifts above the $1.42 resistance level.
(Source：CCN)