Analysts in the blockchain industry are expressing optimism for Ripple's XRP, with some predicting a historic bull run in March. Despite XRP's recent underperformance, dropping over 4% on a weekly scale, many remain confident that the negative trend will soon reverse.

According to XRP whale, a user with over 100k followers, next month "will be historic" for the asset, predicting a price appreciation above $10 after significant turbulence. Analyst EGRAG CRYPTO envisions even more spectacular peaks, forecasting a price explosion of $27 based on XRP's performance in 2017.

Several factors suggest that XRP could be on the verge of a bull run this year, offering a positive outlook for the DeFi and BRC 20 markets.