Prominent XRP supporter Jenny (@Jenny_Solstice) has significantly revised her long-term price target for the cryptocurrency, citing new research. She has abandoned a previous prediction of $1,000 or hundreds of dollars, now stating a “realistic outcome” is between $10 and $20. This shift has reignited community debate around XRP’s price trajectory amid ongoing regulatory developments and a current market value of $1.09.
A notable XRP supporter has publicly revised her price forecast for the asset, altering the community’s ongoing valuation debate. Jenny stated on X, “I was wrong about how far in price it would go. I was thinking ‘1,000, or hundreds’. The reality is, it may not even reach that.”
Her new target is between $10 and $20, which she describes as the realistic outcome. The digital asset is currently trading at $1.09, representing a 67% decline from its price of $2.24 one year ago.
This price discussion occurs alongside legislative progress that could affect XRP’s regulatory standing. The Senate Banking Committee passed the CLARITY Act in a bipartisan vote, and the bill was placed on the Senate Legislative Calendar.
The legislation is significant as it could solidify a joint SEC and CFTC classification of XRP as a digital commodity. This regulatory clarity is frequently cited in serious discussions about Ripple‘s price outlook.
Reactions to Jenny’s revised prediction were mixed within the crypto community. Some respondents pushed back strongly, with publisher Crypto Dyl News describing the post as a typical bear market sentiment.
Other responses were more measured, with one commenter noting they had viewed XRP as a $10 asset since 2018. They cited institutional interest and tokenization trends as supporting factors for that target.
