XRP News Today: Karan Monerex's 2020 XRP $0.10 Call Sparks 2,800% Gain Now Targets Flare Network (FLR) 3,900% Surge to $1

A prominent cryptocurrency analyst known for recommending XRP at $0.10 in 2020 has issued a new bullish forecast for Flare Network (FLR). King Karan, Monerex’s Head of Marketing, reiterated his 2020 XRP call in a July 27 video, highlighting how his advice—initially overlooked—resulted in a 2,800% gain for XRP, which now trades at $3.16. Karan now advocates buying FLR at its current price of $0.024, predicting a potential 3,900% surge to $1. His optimism is rooted in Flare’s infrastructure, including the Flare Time Series Oracle (FTSO), which facilitates cross-chain data access, and its Ethereum Virtual Machine (EVM) compatibility. Karan also cited anticipated supply constraints, suggesting a significant portion of FLR tokens will soon be locked, potentially driving upward price pressure [1].

Flare’s integration with the XRP Ledger through initiatives like Firelight Protocol further enhances its appeal. Firelight enables XRP holders to stake their tokens as FXRP, generating stXRP as a yield-bearing asset. This mechanism aims to unlock liquidity for XRP while attracting institutional interest, positioning Flare as a bridge between blockchains and expanding XRP’s utility in decentralized finance (DeFi) [2]. Karan emphasized that Flare’s role in cross-chain interoperability and real-time data feeds aligns with growing demand for scalable DeFi solutions.

The analyst’s call reflects confidence in XRP’s broader ecosystem. While XRP saw a modest rally in 2021, it lagged behind other cryptocurrencies, fluctuating between $0.10 and $0.11 during much of 2020 [3]. Karan’s 2020 recommendation proved prescient, and his current focus on Flare suggests a strategic approach to leveraging undervalued blockchain projects. By linking FLR’s growth to XRP’s existing adoption, he underscores a potential compounding effect as Flare’s utility expands.

However, Karan’s projections remain speculative. The Flare Network’s success hinges on execution, including the anticipated supply constraints and adoption of its protocols. While the FTSO and Firelight Protocol offer tangible value, market dynamics—such as regulatory shifts or competition from other layer-1 blockchains—could impact FLR’s trajectory. Investors are cautioned to conduct independent research, as volatility and external risks are inherent to crypto markets [4].

The call echoes broader bullish sentiment toward XRP, with some analysts projecting a $5 target by 2025 based on technical patterns like the cup-and-handle formation [5]. Others, including an NFT project founder, suggest XRP could reach $10 by 2026 if Bitcoin hits $250,000 [6]. These forecasts highlight XRP’s evolving role as a bridge asset, though outcomes depend on macroeconomic factors and technological adoption.

Karan’s strategy emphasizes long-term fundamentals over short-term volatility, urging patience in a market prone to rapid swings. Recent XRP activity, including a 36,694% liquidation event driving the price to $3.66, illustrates the asset’s speculative nature [7]. Despite this, Flare’s integration with XRP and its focus on DeFi utility position it as a compelling case for investors seeking exposure to blockchain innovation.

Sources:

[1] [Expert Who Asked Investors to Buy XRP At $0.10 Says This XRP DeFi Bridge Will Rally 20x](https://thecryptobasic.com/2025/07/28/expert-who-asked-investors-to-buy-xrp-at-0-10-says-this-xrp-defi-bridge-will-rally-20x/)

[2] [Analyst Who Told Traders to Buy XRP at $0.10 Makes Another Bullish Call](https://timestabloid.com/analyst-who-told-traders-to-buy-xrp-at-0-10-makes-another-bullish-call/)

[3] [Analyst Who Told Traders to Buy XRP at $0.10 Makes Another Bullish Call](https://coinmarketcap.com/community/articles/688808f993529f16716e8de2/)

[4] [Analyst Outlines Crucial XRP Profit-Taking Strategy](https://timestabloid.com/egrag-crypto-outlines-crucial-xrp-profit-taking-strategy/)

[5] [XRP To $10? Basketball Legend's Poll Puts Crypto On Center Court](https://www.xt.com/en/blog/post/xrp-to-10-basketball-legends-poll-puts-crypto-on-center-court)

[6] [XRP Price Surges Amid Massive 366941% Liquidation Chaos](https://thetradable.com/crypto/xrp-price-surges-amid-massive-366941-liquidation-chaos-1)