Analyst Zach Rector is modeling XRP’s long-term value, using Bitcoin’s $1.76 trillion market cap jump post-ETF as a benchmark. Rector’s “conservative base case” sees a $500B market cap increase (a $10.70 price), with a “bull case” targeting $1T (a $19-$20 price). This analysis comes as Canary Capital’s spot XRP ETF ($XRPC) prepares to launch on Nasdaq, though issuers are only required to “seed” the funds, not “stockpile” XRP pre-launch. As the first U.S. spot XRP ETF prepares to go live on Nasdaq, attention is turning to what this could mean for XRP’s long-term value. According to analyst Zach Rector, the ETF era could be a game-changer, one that mirrors Bitcoin’s explosive growth following its own ETF debut earlier this year. Related: XRP ETF Launch From Canary to Trigger Billions In Demand As Exchange Supply Stays Thin Benchmarking Bitcoin: The $1.76 T… Read The Full Article XRP Price Target Set at $10.70 in ‘Base Case’ Post-ETF Scenario; Citing Bitcoin’s $1.76T ETF Precedent On Coin Edition .
XRP in the Red on All Timeframes
