Pundit Highlights Billionaire's XRP Prediction That Could "Shock the Market"

Source: CryptoNewsNet Original Title: Pundit Highlights Billionaire’s XRP Prediction That Could “Shock the Market” Original Link:

Recent XRP ETF Activity and Institutional Interest

Recent developments surrounding XRP ETFs show positive momentum. The ETFs recorded positive inflows every day throughout the week, with spot inflows reaching approximately $28 million by Friday and leveraged inflows adding roughly $42 million. These figures suggest growing institutional interest in XRP.

As of January 8, XRP ETFs have accumulated $1.21 billion in cumulative net inflows, demonstrating sustained institutional engagement.

Price Action and Support Levels

XRP has maintained trading levels above $2 despite facing rejection at the resistance point around $2.4. The $2 level has now become a critical support level, and XRP must hold this position to sustain upward movement.

Mike Novogratz’s Market-Shocking Prediction

Billionaire Mike Novogratz recently made a prediction that could significantly impact market sentiment. He cautioned that XRP could lose its relevance in the market if it fails to demonstrate real-world use despite recent traction. This assessment underscores the importance of actual adoption over market excitement.

However, evidence suggests XRP already possesses real-world utility. Michael Arrington, founder of Arrington Capital, disclosed that his firm moved over $50 million worth of XRP in late 2018. The transaction settled in approximately two seconds and cost about 30 cents—significantly outperforming traditional banking methods and Bitcoin in terms of speed and cost efficiency.

ETF Inflow Projections and Potential Price Targets

Analysts project significant implications if current ETF inflow trends continue. In less than two months, the funds have already accumulated approximately 746 million XRP, representing slightly more than 1% of the circulating supply.

If ETF inflows reach $5 billion by mid-2026, the funds could remove close to 2.6 billion XRP from the market—nearly 4% of the circulating supply. This reduction in available supply, combined with a 58% decline in exchange balances during 2025, suggests XRP availability is already tightening.

Since ETFs typically hold assets for extended periods, this supply reduction could support price appreciation if demand increases simultaneously. Some analysts project XRP could trade near $8 in 2026 under favorable inflow and institutional interest conditions—a forecast that aligns with predictions from global financial institutions.