Bitwise Forecasts XRP Price Could Reach $29.32 by 2030 Amid Institutional Adoption Scenarios

Recent analyses of XRP’s future price potential have evolved from theoretical speculations about market cap parity with the U.S. M1 money supply to a detailed scenario-based forecast by Bitwise Asset Management. Earlier reports postulated that if XRP’s market capitalization matched the U.S. M1 money supply (about $18.46 trillion), the token price could soar to $186–$316, depending on the supply metrics. While these views reflected ongoing bullish sentiment, they remained highly speculative and dependent on broad global adoption and regulatory clarity. Bitwise’s latest report offers a more structured valuation, projecting XRP could reach $29.32 by 2030 in a ‘Max Case’ scenario. This estimate applies a capital asset pricing model (CAPM) tailored for cryptocurrencies, factoring in XRP’s volatility, fixed 100 billion supply, steadily released escrow tokens, and adoption in global payments and asset tokenization. The optimistic scenario expects XRP to secure a 1–2% market share in multitrillion-dollar payments and tokenization, with lower volatility and high annualized returns (46%). Other scenarios place XRP at $0.13 (Bear Case) or $12.68 (Bull Case) by 2030. Institutional interest could be bolstered by XRP’s features: rapid settlement (3–5 seconds), a DEX, decentralized identity, and pending sidechains. Bitwise underscores the speculative nature of these forecasts and stresses the impact of external factors—including regulatory decisions, Ripple’s SEC lawsuit, and broader crypto adoption—on actual price outcomes. At publication, XRP trades around $2.14, well below the Max Case target. For crypto traders, this forecast reinforces long-term bullish potential but highlights risks like competitive blockchains and uncertain demand, emphasizing the need to monitor ecosystem and regulatory developments closely.