A recent X post by Ripple advocate RipplePumpkin claims that XRP could be gold-backed and surge to $2,953 by Q3 2025. This post has ignited a storm of speculation within the crypto community. Going even farther, RipplePumpkin also suggests a potential price range of $10,000 to $35,000 for XRP, fueled by an impending financial shift.
However, market experts and historical data urge caution against such a ridiculous claim. On a fundamental note, XRP is primarily valued for its role in cross-border transactions and liquidity. Thus, the notion of gold-backing contradicts its decentralized nature.
Matt Hamilton, a former developer and executive at Ripple, has already debunked similar claims a few years ago, stating that XRP’s finite supply and decentralized structure make gold-backing impractical. Several other analysts also noted that tokenizing gold on the XRP Ledger is a separate concept and it is not directly linked to XRP’s valuation.
Moreover, the current market dynamic—including the ongoing Ripple-SEC lawsuit–adds complexity to this plan as SEC’s recent arguments for uniform treatment of XRP sales could influence regulatory clarity.
Conversely, the price predictions of such magnitude—suggesting XRP hitting $2,953 in 2025— are completely speculative. These unrealistic gains currently seem unattainable as such price levels put XRP’s market valuation far beyond possible ceilings.
As of the latest market data, XRP is trading significantly below these projections. Even experts emphasize that its value hinges on adoption, utility, and market sentiment, the possibility of XRP price hitting such an imaginative mark is out of play for this year.
On a clearer perspective, this optimistic scenario from “XRP Army” remains speculative and the reality check is clear: gold-backing XRP is a distant dream, not a near-term reality.
Also read: Ripple Co-Founder Arthur Britto’s Return Hints at Big Moves?