Crypto analyst Crypto Patel has set a bold long-term price target for XRP, saying the token could trade between $10 and $20 by its 20th anniversary in 2032.
Patel laid out the projection in an X post while reflecting on XRP’s history during its 14th anniversary. He noted that the XRP Ledger (XRPL) went live on June 2, 2021, and argued that XRP remains one of the earliest surviving crypto assets—older than Ethereum and most other altcoins still trading today.
Key points from Patel’s thread
- Price call: Patel predicts XRP will reach $10–$20 by 2032 (its 20th anniversary).
- Token supply and distribution: All 100 billion XRP were created at launch—there is no mining. Patel emphasized that XRP never had an ICO; instead, tokens were distributed via giveaways, partner deals, and private sales, which means there’s technically no ICO price.
- Early trading history: XRP began trading on exchanges in August 2013 at roughly $0.0058. In its first year it typically traded between $0.005 and $0.01.
- 2017–2018 surge: XRP surged to an all-time high near $3.84 in January 2018, during a parabolic rally that saw gains of roughly 1,400% in a matter of weeks.
- SEC lawsuit and aftermath: Patel pointed out the sharp downturn after the U.S. Securities and Exchange Commission alleged in 2020 that XRP was an unregistered security. The token dropped to about $0.11 within two years—a roughly 97% decline from its ATH at the time. According to the analyst, XRP later rallied to a new high of $3.66 in July 2025 after a nearly five-year legal battle ended with a settlement between Ripple and the SEC.
- Regulatory clarity: Patel highlighted that XRP now stands out for improved regulatory clarity, citing Judge Analisa Torres’s ruling that XRP is not a security in the SEC case.
Why it matters
Patel framed XRP’s longevity as a notable achievement: surviving massive price swings, an extended legal battle, and shifting market narratives while still trading above $1—about a 207x increase from its first recorded exchange price. His $10–$20 target adds a bullish long-term thesis to the conversation, though it remains speculative and tied to many variables, including market cycles and regulatory developments.
Market snapshot
At the time Patel posted, CoinMarketCap data showed XRP trading near $1.09, down more than 2% over the past 24 hours.
Bottom line
Whether you view Patel’s forecast as optimistic or overly ambitious, it underscores how XRP’s contentious regulatory history and resilient market performance continue to shape investor expectations.
Read more AI-generated news on: undefined/news
