XRP Fails to Meet Ambitious $4.75 Target as Regulatory Progress and Institutional Demand Come into Question
XRP, the cryptocurrency of Ripple, is expected to hit $4.75 by September 2028, according to ChatGPT's prediction.
This would represent a gain of 252% from its current price of around $1.35, making it a significant increase in value for investors.
The CLARITY Act, which aims to provide clearer regulations for the US crypto market, is set to have a cloture vote on September 15, 2026. While regulatory progress could continue with or without Senate approval, as stated by Coinbase CEO Brian Armstrong, this development is crucial in determining XRP's potential growth.
Additionally, ETF demand has been uneven, with monthly inflows reaching $131.94 million in May and a yearly high of $159.18 million in August, but only $32.29 million so far in September. If this trend continues, it may not provide enough support for XRP's price to reach the predicted target.
The forecast also highlights the importance of sustained institutional accumulation and increased demand from ETFs, as well as regulatory clarity, to drive XRP's growth. However, ChatGPT itself warns against assuming XRP becomes the dominant global payments asset, highlighting a potential gap between its utility and token demand.