ChatGPT Forecasts XRP Price to Hit $1.40 by End of 2026
The digital AI assistant ChatGPT has made a bullish prediction for XRP's price, forecasting it to reach $1.40 by December 31, 2026. This would represent a 27.3% increase from its mid-2023 price of around $1.10.
The prediction is based on several factors, including the token's strong technical recovery potential and a realistic market cap increase to $87.5 billion by the end of 2026.
Another key consideration is the expected Ripple-SEC settlement in 2025, which could reduce legal risks for XRP and lead to increased adoption.
However, there are also concerns about supply pressure from Ripple's large escrow releases, which could increase selling pressure on the market.