XRP Compared to 1800s Manhattan by Ripple Advocate

XRP has recently become a hot topic in the cryptocurrency space, with one high-profile advocate comparing its current market state to early Manhattan real estate investments. The bold comparison positions XRP as a token with immense growth potential, much like 19th-century farmland in New York that later transformed into some of the most valuable real estate globally.

One of the most vocal supporters of XRP, Edoardo Farina, has once again made headlines by making a striking analogy. He argued that purchasing XRP today is the financial equivalent of investing in Manhattan land before it skyrocketed in value over the past century. During the 1800s, farmland and residential plots in Manhattan were valued at under $1,000 an acre. Today, that same land commands prices in the multi-millions, highlighting the massive potential for value appreciation — a point Farina believes is mirrored in XRP’s current status.

Despite XRP experiencing over 350% growth in the past year, Farina maintains that the token is still undervalued in the grander scheme. He has long been known for his bullish takes on Ripple’s native asset. Back in early 2025, he suggested that $10 per token was a “conservative” estimate. More recently, he speculated that XRP has the potential to reach an astonishing $100, a valuation that would place its market capitalization well above even that of Bitcoin.

To put things into perspective, achieving a price tag of $100 per XRP would require its total market cap to hit nearly $6 trillion, based on its current circulating supply of 58.6 billion tokens. That’s an ambitious projection, especially considering the token’s current capitalization stands below $150 billion. Nonetheless, Farina’s enthusiasm has continued to stir interest among long-term investors and supporters of Ripple’s ecosystem.

While Farina’s predictions might be regarded as overly optimistic by some, other analysts have also voiced positive views—albeit with more tempered outlooks. One such market participant is X user CRYPTOWZRD, who shared a technical analysis when XRP retested the $2.34 support level on May 16. According to their insight, a rebound from that price could present a strong buying signal, which appeared to materialize as the token rose to $2.43 later that day.

Another contributor to the optimistic sentiment surrounding XRP is Captain Faibik. At the start of May, he referred to XRP priced at $2 as “an absolute gift.” His analysis outlined a possible upward trajectory that could bring the token to $5 in the near term—a forecast more conservative than Farina’s but still promising for traders and investors alike.

The growing interest in Ripple’s XRP from both exuberant and measured analysts demonstrates the layered perspectives within the cryptocurrency market. On the one hand, you have passionate advocates like Farina projecting unparalleled growth, drawing historic parallels that evoke the revolutionary potential of blockchain technology. On the other, seasoned market commentators balance those ideas with technically-informed predictions that present realistic short-term opportunities.

Related: Expert Advice: Sell XRP If You’re Confused

As XRP continues to attract attention due to its unique position in the digital asset world and its legal battles with regulatory bodies, these kinds of comparisons and projections feed into a broader narrative of long-term value recognition. Whether it reaches sky-high valuations or stabilizes at more modest figures, one thing is certain: XRP remains a central asset in the unfolding story of crypto finance.