XRP to $28 predictions have recently emerged after Grok AI analyzed Ripple’s recent Hidden Road acquisition. Right now, the XRP price prediction from the AI assistant suggests a potential 1,299% surge could happen if the full $3T annual volume flows through XRPL, and this would be boosting Ripple token adoption substantially in the coming months.

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Can XRPL Volume, Grok AI, And Ripple Adoption Push XRP to $28?

Ripple’s Strategic Move

Ripple’s $1.5 billion acquisition of prime brokerage firm Hidden Road has, at the time of writing, generated quite a bit of optimism in the XRP community. This prime brokerage firm currently manages around $3 trillion in annual transaction volume, which is definitely creating significant XRPL volume growth potential for investors and traders alike.

Regarding this development, Ripple CTO David Schwartz confirmed that a portion of Hidden Road’s transaction volume might be processed through XRPL.

This strategic move aims to expand Ripple’s institutional finance footprint. Even more, it’s leveraging XRP Ledger capabilities to drive XRP to $28 possibilities in the near future.

Grok’s Price Analysis

Elon Musk’s xAI chatbot Grok recently analyzed what would happen if XRPL processed Hidden Road’s entire $3T volume. The Grok AI crypto forecast approach used the quantity theory of money with several key assumptions that are worth noting.

First, it considered the current XRP circulating supply of about 58.33 billion tokens. It also factored in the present XRP price of $2.03. Additionally, it assumed a 10% institutional lockup that would essentially reduce circulation to approximately 52.497 billion XRP. And finally, it projected that each XRP would be used ten times yearly for transactions on the network.

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Price Calculation

Based on these parameters and assumptions, the necessary market cap to support this volume was calculated by dividing the $3T transaction volume by the velocity of 10, which resulted in a $300 billion market cap requirement.

This calculation produced a base price of around $5.71 per XRP token. When also accounting for market psychology in a bullish environment with strong institutional demand, regulatory clarity, and community enthusiasm, Grok applied a 5x multiplier to this figure.

This multiplier essentially pushed the XRP to $28 projection specifically to $28.55—representing a rather impressive 1,299% increase from current levels, which has definitely caught the attention of many investors.

Important Caveats

Grok also highlighted several important considerations that should be taken into account. The assumption of 100% Hidden Road volume processing through XRPL may not reflect reality in practice. Additionally, XRP usage velocity directly influences price potential in significant ways.

For instance, a higher velocity of 20 would cut the projected price in half. At the same time, a lower velocity of 5 could double the projection, showing just how sensitive these predictions can be.

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Other factors affecting the XRP price prediction include broader market trends, competition from other cryptocurrencies, and potential integration challenges. The Ripple token adoption rate and XRPL volume growth will ultimately determine how much of this potential actually materializes in the market.