Despite bold price targets for XRP as high as $27, prominent pro-crypto lawyer John Deaton has stated that he has no idea how high the cryptocurrency could soar in 2025.
Deaton’s comments came after Peter Chung, Head of Research at Presto, appeared on Squawk Box and shared bullish forecasts for other top cryptocurrencies, such as Bitcoin (BTC), predicted to hit $210,000, and Solana (SOL), expected to reach $1,000. However, Deaton was quick to point out that XRP was conspicuously absent from these predictions.
Deaton Slams Market Omission of XRP
In a detailed post on X, Deaton expressed frustration at what he perceived as a consistent boycott of XRP by leading market forecasters. He emphasized that XRP had made notable strides in recent months, including becoming the third-largest cryptocurrency by market cap, excluding Tether (USDT). Additionally, Deaton highlighted that XRP was one of the few coins that finished the year with a positive performance, underscoring its continued growth despite market volatility.
While Deaton refrained from making any price predictions of his own, he referenced an earlier prediction by Barron’s, which noted that XRP had been one of the “biggest post-election crypto winners,” with its value quadrupling since November 5. This positive sentiment was echoed by Arthur Azizov, CEO of the crypto payment platform B2BinPay, who has a bullish outlook for XRP in 2025.
Azizov’s Bullish XRP Price Forecast
Azizov predicts that XRP could see a price range between $5 and $7 in the first half of 2025, fueled by the cryptocurrency’s momentum following the completion of the U.S. elections. He also pointed to Ripple’s growing influence in the crypto space, noting that the company’s continued efforts to establish itself as a key player could drive further price increases.
XRP Price Surge Amid Market Optimism
As of now, XRP is trading at $2.31, following a notable 10.8% surge in the past 24 hours. While this recent boost has sparked optimism, many market experts remain cautious in their predictions. Analyst Ali Martinez recently noted that XRP’s current technical and historical patterns suggest a potential rally toward the $11 mark, adding to the excitement surrounding the token’s future prospects.
Despite these optimistic forecasts, John Deaton remains uncertain about the coin’s trajectory, acknowledging the unpredictable nature of the cryptocurrency market while continuing to defend XRP’s position within the space.
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