XRP could reach double-digit prices by the next Bitcoin halving in the best-case scenario or remain lower in a bearish scenario.

XRP remains one of the top crypto assets that many in the industry pay close attention to its price performance. As of now, XRP is trading at $2.35, down 7% over the past 24 hours. However, many project a future where XRP could reach double-digit values.

The crypto market follows a four-year cycle, with prices dipping and rising, often guided by Bitcoin’s halving events. Historically, XRP’s price has mirrored the seasonality of Bitcoin halvings.

Bitcoin’s most recent halving occurred in 2024, and XRP’s price has surged since then. Now, with 1,133 days until the 2028 Bitcoin halving, XRP holders are interested in gauging how the token will perform in the meantime.

This analysis will rely on XRP’s historical performance between Bitcoin halvings and expert suggestions.

XRP Rise from 2016 to the 2020 Bitcoin Halving and from 2020 to 2024

Bitcoin’s 2016 halving took place on July 9, with BTC trading as low as $633. By the next halving, its price had surged to nearly $10,000—a 15X increase.

During the 2016 halving, XRP was at just $0.006624. By May 11, 2020, when Bitcoin experienced its next halving, XRP had risen to $0.2002. This marked an increase of nearly 2,922% from its 2016 lows.

However, by the 2024 halving on April 20, XRP was trading at $0.5299. From the previous halving’s lows to the 2024 halving highs, XRP only surged by 194%. In contrast, Bitcoin’s price increased by 681% from its previous halving lows to the 2024 halving highs. 

Many attribute XRP’s relatively underwhelming performance between 2020 and 2024 to the SEC lawsuit. While XRP triumphed in the lawsuit in 2023, it wasn’t until November 2024 that its price began to show an uptrend.

Since the 2024 halving, XRP’s price is up 370%, trading at $2.35. The question now is how XRP will perform until the April 2028 Bitcoin halving.

If XRP mirrors its performance from 2016 to 2020, where it surged 2,922%, its price from the 2024 halving lows would reach $15.10.

However, if it follows the 2020 to 2024 trend, where it surged 194%, its price from the April 2024 halving low of $0.4995 would rise to $1.47 by the 2028 halving. This projection suggests a bearish performance for XRP over the next three years.

Meanwhile, from the current level of $2.35, this would bring XRP’s price to around $6.91 by 2028.

AI Projection for XRP by 2028

According to ChatGPT, if XRP follows a bearish cycle, it may reach $6-$11 by 2028. However, if it replicates the 2016-2020 surge, it could hit $22.

With continued bullish adoption and utility growth, XRP might rise to between $30 and $40+ in the next few years. In extreme bullish scenarios, driven by global adoption and institutional use, XRP could surpass $44.