Pantera Capital founder Dan Morehead believes Bitcoin still has years of exponential growth ahead. In a recent CNBC interview, he pointed out that Bitcoin has doubled almost every year for the past 12 years. If that pace continues, Bitcoin could hit $750,000 by 2030. This would put its market value at roughly $15 trillion, making it the world’s second-largest asset after gold.
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Morehead argued that Bitcoin still represents just 0.2% of global wealth, leaving plenty of room for adoption. If his forecast proves correct, the move would not only transform Bitcoin’s role in global finance but also send ripple effects across the broader crypto market. Historically, when Bitcoin rallies to new highs, altcoins like XRP (XRP-USD) tend to follow suit.
XRP Tracks Bitcoin’s Moves
XRP has long shown a tight correlation with Bitcoin, with a coefficient of 0.79 in recent months. This means that when Bitcoin rallies, XRP often mirrors the move with amplified swings. If Bitcoin rises by the 552% Morehead projects, XRP could easily climb above $19, putting it near the $20 milestone.
But analysts also point out that XRP tends to move with more volatility than Bitcoin. In past cycles, XRP has delivered larger percentage gains once momentum catches on. If that pattern repeats, XRP could even outpace Bitcoin’s trajectory during the next bull run.
XRP Creates Path to $28.54
Some models suggest XRP could deliver 1.56 times the returns of Bitcoin if momentum builds. In practical terms, that would translate to an 861% rise in price. Under this scenario, XRP would not just break past its old highs but reach a new milestone of $28.54 — within striking distance of $30.
Such a move would change up XRP’s history. The token has struggled for years to overcome its 2018 peak, but a surge of this size would confirm it as one of the best-performing assets in the market. The caveat, of course, is that it depends on Bitcoin hitting the lofty $750,000 level Morehead envisions.
Investors Face a Long Wait
Even with such ambitious predictions, investors will need patience. Morehead’s timeline stretches five years, and along the way Bitcoin and XRP will likely face bouts of volatility, regulatory battles, and shifts in sentiment. This makes it unlikely XRP will rally in a straight line.
Still, the potential rewards are difficult to ignore. If Bitcoin reaches $750,000 and XRP rides the momentum as expected, a modest position in XRP today could grow nearly ninefold. For traders who believe in crypto’s long-term adoption story, that is the kind of upside that keeps the XRP army energized.
At the time of writing, XRP is sitting at $3.0173.
