Crypto influencer JackTheRippler has made a bold prediction: $240 per XRP is achievable, igniting excitement within the XRP community. While skeptics may view such a valuation as unrealistic, analysts point to key factors like DeFi growth, institutional interest, Ripple’s legal battles, and technological advancements as potential drivers for future price surges. JackTheRippler’s bullish predictions often focus on the XRP’s real-world utility and its role in global finance. However, whether this ambitious target is realistic remains to be seen. 2023 saw a partial victory for Ripple against the SEC regarding XRP classification, boosting XRP’s value and signaling a move towards institutional adoption. This could pave the way for significant price increases. Meanwhile, recent developments in the XRPL, with its EVM-compatible sidechain, offer additional potential for expanding XRP’s utility within DeFi. Ultimately, achieving such high valuations hinges on numerous factors, including Ripple’s legal victory, regulatory recognition, widespread adoption by financial institutions, and a broader shift towards token scarcity as a hedge against inflation. The question remains: Is this ambitious prediction achievable or merely a fleeting fantasy in the ever-shifting crypto landscape?