Silver Reaches $50, Sparking Speculation on XRP's Potential Rise

2025-10-09 23:18

Silver has surged to a record high of $50 per ounce, leading to speculation about whether XRP, often dubbed 'digital silver,' could follow suit. The silver rally is attributed to the Israel–Hamas ceasefire and anticipated U.S. Federal Reserve rate cuts. Currently, XRP is trading at $2.82 with a market cap of $169.12 billion, far below silver's $2.85 trillion valuation. For XRP to match silver's market cap, it would need to increase by 1,585%, potentially reaching $47.5 per token. Analysts have suggested even higher targets, though such outcomes remain speculative.

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