Raoul Pal argues easing policy and dollar debasement could lift risk assets, providing favorable conditions for XRP appreciation.
XRP’s price sits at $2.55, down 0.55% over the last day, while a new chorus of forecasts places a 2026 target at $250. The scale of that claim is clear: it implies more than a hundredfold rise from today’s level. Supporters point to macro forces and on-chain behavior as the basis for the call rather than to short-term speculation.
Macro investor Raoul Pal argues that looser financial conditions could lift risk assets in the next cycle. In his view, policymakers will manage high debt loads by weakening the dollar over time, expanding the global monetary base. Under that path, Bitcoin and large crypto assets could benefit first; consequently, XRP’s backers see room for spillover demand.
Meanwhile, influencers highlight three near-term drivers. First, large holders have been adding to positions, a pattern often associated with reduced exchange float. Second, regulatory progress has lowered some headline risk relative to past years.
Third, XRP’s role as a bridge asset in cross-border payments continues to anchor its use case. Together, these points form the core of the $250 narrative — more capital, fewer frictions, and a cleaner transmission path for utility. The promise is bright, though the road is long.
However, the arithmetic of such a move would require heavy and persistent inflows. Market depth must grow, settlement rails must remain reliable, and corporate or institutional participation must broaden beyond early adopters.
In addition, policy reversals, liquidity shocks, or delays in enterprise integrations could interrupt the thesis. History shows that crypto cycles include sharp drawdowns even during upward trends; patience and risk controls matter.
