According to crypto podcaster and founder of Gold Squad, Mason Versluis, XRP has the potential to reach $5 in the future, as it is the only asset to have surpassed Ethereum in market cap.

Although XRP would need to surge by 900% from its current price to reach this target, Versluis emphasized that the community should not underestimate the asset's potential.

XRP has surpassed Ethereum's market cap on multiple occasions in the past and is considered undervalued by many investors due to the ongoing litigation between Ripple and the US SEC.

Several analysts have also forecasted a potential XRP pump, with the asset currently trading at $0.5005.