Renowned YouTuber Altcoin Daily has announced his bullish forecast for XRP this season. He predicts a rise of over 730% for the altcoins.
The host of Altcoin Daily recently shared his thoughts about various crypto assets, including XRP, with his over 1.6 million followers on X. The essay emphasized the expert’s optimistic outlook for a range of altcoins.
The king of the cryptocurrency market is currently trading at around $64,244, which is 12.69% lower than its all-time high of $73,750. According to Altcoin Daily, Bitcoin will reach a high of $120,000 by next year. This target represents an increase of 86.78% from Bitcoin’s current price.
The cryptocurrency analyst predicts that after Bitcoin hits $120K, well-known altcoins such as XRP, Ethereum (ETH), and Solana (SOL) will see a more impressive increase in price.
Altcoin Daily Projects a 730% Increase for XRP
He believes that the price of XRP will reach $5 by 2025. Given the asset’s previous ATH of $3.84, this would create a new history for it. At the time of writing, XRP is trading at $0.6026, up 3% from the past week. Reaching $5 represents a gain of over 729%.
Interestingly, the target of $5 by 2025 is in line with the goals of orthodox analysts in the XRP community. More ambitious market observers have suggested upwards of $300, even though this group feels that this cycle’s XRP projections are more plausible.
Forecasts a 177% increase for Ethereum
According to an analyst at Altcoin Daily, Ethereum is expected to reach $8,800. ETH has fallen dramatically in the last 24 hours, trading at $3,174, which represents a price drop of 8%.
Ethereum has fallen 35.18% from its all-time tall of $4,891. The Altcoins market leader would need to rise by 177% to reach a peak of $8,800 by next year.
Standard Chartered researcher Geoff Kendrick predicted in May that Ethereum would reach $8,000 after the US regulator approved exchange-traded funds (ETFs) to invest directly in the cryptocurrency.
Surprisingly, the approval was announced this week, and the Ethereum spot ETF saw remarkable initial activity of $1 billion. How Ethereum’s price might double in the next few weeks is yet unknown.
Viewpoint on Other Coins
Other noteworthy cryptocurrency assets that Altcoin Daily disclosed as having a positive 2025 target are Cardano ($9), Solana ($720), Chainlink ($120), and BNB ($1,800).
