The XRP price prediction of $210 implies a $13.26 trillion market cap, but Ripple's growth does not prove institutions will buy XRP.
Schwartz described greater institutional interest in blockchain strategies as his view. Evernorth held about 473 million XRP as of Oct. 9 and plans treasury deployment in the fourth quarter of 2026.
He views a return above $3 by the end of 2026 as a best-case outcome and expects no major rally in XRP or the broader crypto market this year.
The crypto commentator says past obstacles have been removed and the pace of adoption is now the central question.
XRP has made its debut on X with a 10-second logo video, drawing public welcomes from Ripple and the XRP Ledger Foundation on Oct. 19.
Over the following year, XRP lost 44.7%, compared with 23.5% for Bitcoin and 38.1% for Ether.
Bitcoin (BTC) closed at $82,020, compared with $62,975.59 in the August snapshot. The two observations do not establish the odds of an XRP rebound.
The weekly chart places support at $1.2193 to $1.3408 and marks $2.0863 and $2.3197 as higher resistance levels.
John Squire argued that XRP holders were growing weary of Ripple's steady stream of partnership announcements without seeing tangible benefits for the token itself.
U.S. spot XRP ETFs recorded $1.84 million in weekly net outflows, ending 13 consecutive weeks of inflows while cumulative net inflows remained near $1.8 billion. A $2.47 million Friday redemption from Canary Capital's XRPC pushed the October 12–16 week into negative territory after a $740,000 Wednesday inflow. XRP Ledger payment volume fell 72.
XRP futures open interest on Binance fell by $85.1 million, or 15.8%, between October 4 and 17, following a wave of long liquidations that affected leveraged traders. According to CryptoQuant analyst CryptoOnchain, the value of outstanding contracts declined from $538.1 million to $453 million. On October 7 and 8, liquidations of bullish positions reached $25.
Three separate lending amendments remain short of the 29 votes needed to start their own two-week approval periods.