A well-known crypto analyst, Crypto Beast, has made a bold prediction about XRP future price trajectory, suggesting that it could reach $15 with ease under specific conditions. This interesting outlook comes amidst a consolidation of prices, which is now looking to regain momentum above $3.

Banks Adopting XRP Could Send It To $15

Bitcoin was created to disrupt the traditional financial industry and compete with the existing global financial system. While many other early cryptocurrencies like Ethereum and Litecoin also built upon this premise, XRP took another approach. Its creators developed it as a solution for fast and efficient cross-border transactions, aiming to complement the existing financial infrastructure rather than replace it.

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Despite its intended role in improving financial transactions, XRP has faced years of price struggles, with long periods of decline over multiple years overshadowing its utility. This lackluster growth led many traders to lose faith, with some dismissing it as a dying asset. Interestingly, despite regulatory challenges and market downturns, the asset remained one of the top-ranking cryptocurrencies by market capitalization throughout this period. 

However, recent price rallies have breathed life into XRP. Particularly, this rally has seen the value of XRP grow massively since November 2024 and is now the third largest crypto in terms of market cap. This has seen sentiment around the altcoin shifting into a more optimistic direction, with some crypto analysts who doubted before now revealing bullish price targets for its price.

One of these analysts is Crypto Beast, who recently shared a $15 price prediction for XRP. Speaking to his over 560,000 followers on social media platform X, Crypto Beast stated that XRP’s price could surge to $15 if banks worldwide fully integrate the token into their systems.

Is $15 A Pipe Dream Or A Realistic Target

There is a valid question of whether XRP can realistically trade at $15 given its tokenomics. As of now, XRP has a total supply of 99.9 billion tokens, with 57.7 billion coins currently in circulation. Its market capitalization stands at $177.6 billion, while its fully diluted valuation is around $307.8 billion. If XRP were to reach $15, its market cap would need to grow to approximately $865.5 billion, assuming no significant increase in circulating supply. This would also push its fully diluted valuation close to $1.5 trillion.

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Such a surge would place XRP ahead of Ethereum in market cap rankings and within striking distance of Bitcoin. On the surface, this might seem like a challenging milestone, but it could become feasible if the asset gains widespread adoption in cross-border payments and replaces current methods like SWIFT. Consequently, the token’s demand will increase significantly, driving sustained price growth.

According to Changelly, the XRP price can reach the $15 target sometime around 2033. At the time of writing, the altcoin is trading at $3.08.

Featured image from Adobe Stock, chart from Tradingview.com

Tether just released its latest financial report, revealing $13 billion in net yearly profits and $113 billion in US Treasury holdings.

CEO Paolo Ardoino is looking to the future with new research areas and a proactive approach to potential US stablecoin legislation.

Tether’s Report Shows Huge Wins in 2024

Tether, one of the world’s leading stablecoin issuers, reached record growth in 2024. Last December, MiCA severely reduced the firm’s EU operations, but this had little impact on its dominance. USDT continues to dominate the stablecoin market by a large margin, and its yearly financial report reflects the demand.

Tether’s latest Attestation Report shows $13 billion in net yearly profits and all-time-high US Treasury holdings. CEO Paolo Ardoino, however, is focused on the future:

“In the following months we aim to launch several new products across all Tether pillars: from Artificial Intelligence platforms and apps to telecommunications, from new financial tools and services to broader educational efforts. Thank you very much to everyone for your support. We’re unstoppable together. Nothing else matters,” Ardoino said.

Ardoino’s bullish comments reflect a number of changes at Tether. This month, the company relocated its main headquarters to El Salvador after receiving the relevant licenses in that jurisdiction. The report claims that this move will support Tether’s ambition to support financial inclusion and innovation worldwide.

Even before today’s financial report was released, there were clear signs that Tether was making huge profits. In December, the firm invested $775 million into Rumble while transferring $700 million worth of Bitcoin to the company’s reserves.

At the time, BeInCrypto reported a $10 billion profit surge at Tether, but it overshot this number by a significant margin.

“Tether Investments holds $12.5 billion in assets, stablecoin excess reserves account for most of the rest. In 2024 Tether USDT reached the impressive milestone of 400 million users globally, mostly distributed among emerging markets and developing countries,” wrote Ardoino.

In addition to these profits, the report also claimed that Tether has $113 billion in direct and indirect US Treasury holdings. In December, the Treasury acknowledged the vital role of stablecoins in the rising crypto economy.

Tether’s CEO anticipates new rules requiring stablecoins to put reserves in Treasury bonds, and he’s taking a proactive approach.

All in all, the report reflects Tether’s exceptionally strong financial state. A few other relevant numbers include $157.6 billion in consolidated total assets and $45 billion in new token issuance. With resources like these, Tether has the flexibility to explore other ventures and business avenues beyond crypto.

The meme coin market saw a mixed performance this week, with only a handful of tokens managing to post gains. Most top meme coins ended the week in the red, deepening investor losses.  

BeInCrypto has analyzed three meme coins that stood out this week, either for their notable gains or sharp declines.

Mochi (MOCHI)

MOCHI emerged as the top-performing meme coin this week, surging 241% to trade at $0.00004016. The token is holding strong above the critical support level of $0.00003596, maintaining its bullish structure.

If MOCHI sustains support at $0.00003596, the uptrend could continue. The key resistance level stands at $0.00004867, and breaching this barrier could propel the meme coin toward the $0.00006000 mark. This move would reinforce bullish sentiment and drive further investor interest.

However, losing the $0.00003596 support level could trigger a sell-off, sending MOCHI down to $0.00002486. This decline would erase recent gains and invalidate the bullish outlook, potentially leading to increased market volatility for the meme coin.

Toshi (TOSHI)

TOSHI has been closely following MOCHI’s bullish momentum, surging 93% over the past week. Despite the strong rally, the meme coin remains stuck under the $0.00128 resistance, currently trading at $0.00112.

For TOSHI to sustain its uptrend, it must flip $0.00128 into a support level. Successfully doing so could push the token toward its all-time high of $0.00211. Breaching this milestone would reinforce bullish sentiment and signal further price appreciation.

However, if the downtrend resumes, TOSHI could retrace to the $0.00057 support level. Losing this key level would invalidate the bullish outlook, potentially erasing a significant portion of the recent gains and triggering further selling pressure.

Official Melania Meme (MELANIA)

MELANIA dropped 23% over the past week, currently trading at $2.11. The declining interest in political meme coins has played a major role in the altcoin’s recent drawdown. Without renewed investor enthusiasm, the token may continue struggling to regain momentum.

If MELANIA fails to hold the $2.02 support level, further losses could follow. A drop below $2.00 would expose the altcoin to increased bearish pressure, potentially leading to extended declines. 

However, a reversal above $2.35 could invalidate the bearish outlook. If MELANIA breaks past $2.80, bullish momentum may accelerate, pushing the token toward $3.45 and signaling a strong recovery.