**XRP’s Potential to Soar Following Upcoming Bitcoin Halvings**
*Written By: Follow TheCryptoBasic*
XRP has significant potential to reach new heights in the coming years, particularly if it maintains a bullish trend following the upcoming Bitcoin halvings. The Bitcoin halving, which reduces Bitcoin’s supply rate by half approximately every four years, remains one of the most important events in the Bitcoin market, and by extension, the broader cryptocurrency ecosystem. This event impacts Bitcoin’s inflation rate and influences price action not only for Bitcoin but also for the wider crypto market.
### Bitcoin Halvings and Their Impact on Price
Historically, Bitcoin halvings have contributed to higher Bitcoin prices. As a result, altcoins like XRP are well-positioned to benefit from these bullish trends. Although XRP generally follows the broader market, its price action was notably dampened for years due to the SEC vs. Ripple lawsuit.
Bitcoin has experienced four halvings to date:
– **First halving:** November 28, 2012 — block reward decreased from 50 BTC to 25 BTC
– **Second halving:** July 9, 2016 — block reward dropped to 12.5 BTC
– **Third halving:** May 11, 2020 — block reward slashed to 6.25 BTC
– **Fourth halving:** April 19, 2024 — block reward halved to current 3.125 BTC
Following each halving, Bitcoin’s price has historically improved, and altcoins such as XRP have also seen gains as part of this momentum.
### How XRP Has Fared Following Past Halvings
Looking at XRP’s price movement post-halvings:
– **After the July 2016 halving:** XRP was priced at $0.0066; a year and a half later, it surged to $3.31 — a remarkable 50,000% increase.
– **Following the May 2020 halving:** XRP traded around $0.21, then peaked at $1.96 a year later, marking an 833% rise despite the ongoing SEC lawsuit.
– **Post-April 2024 halving:** XRP stood at $0.62 at halving and today, about a year and a half later, it trades around $2.30, representing a 283% increase.
Some market experts suggest XRP has not yet reached its peak for this cycle, projecting even higher prices as the market approaches its top.
Over the past three Bitcoin halvings, XRP has averaged an extraordinary price increase of about 17,000%. If this trend continues, even at a slower rate, XRP’s price could soar tremendously over the next three Bitcoin halving cycles.
### Potential XRP Prices After the Next Three Bitcoin Halvings
The next Bitcoin halving is predicted to occur around March 2028. Though it’s uncertain what XRP’s price will be at that time, let’s consider some projections based on the current price of $2.30 (a conservative estimate).
– A **1,700% increase** (just one-tenth of the historic 17,000% average) after the 2028 halving could push XRP to approximately **$54**.
– By the 2032 halving, assuming a 170% increase based on the $54 price, XRP could reach around **$145.80**.
– Following the 2036 halving, applying the same approach, XRP might rise to about **$170**.
These projections assume XRP maintains a bullish trajectory following each halving and represent a cautious outlook based on reduced historical growth rates. However, it remains uncertain whether XRP will reach or exceed these price points.
### Important Disclaimer
This content is for informational purposes only and should not be considered financial advice. The views expressed are those of the author and do not necessarily reflect The Crypto Basic’s opinions. Readers are encouraged to conduct thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses arising from the use of this information.
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**About the Author:**
*Abdulkarim Abdulwahab* is a seasoned crypto journalist known for his clear and accessible coverage of blockchain and Web3 topics. His extensive experience allows him to break down complex crypto concepts for all audiences.
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