Rector Says No to $XRP's $100 Hype
Crypto analyst Zach Rector has spoken out against recent predictions that XRP will reach $100 by the end of this year. He emphasized the need for more practical expectations in the cryptocurrency market, stating that while he remains bullish on XRP, it's unlikely to surge to triple-digit figures within a short timeframe.
Rector rejected the idea that XRP would hit $100 this year, saying 'XRP is not going to $100 this year. I'm bullish on XRP but let's stop playing around out here.'
This view contrasts with bolder forecasts, including those from Jake Claver, CEO of Digital Ascension Group, who recently set a long-term target of $750 per token for XRP.
Claver previously predicted that XRP would reach $100 by the end of 2025 but fell short at $1.87. He now suggests that major institutions are accumulating XRP without publicly disclosing it and believes it could evolve into 'core infrastructure for international finance.'