XRP's price could soar to between $150 and $500 if Internet of Things (IoT) devices begin executing 100 million daily transactions on the XRP Ledger (XRPL). This potential surge is attributed to increased demand and token burning, as XRP would serve as the gas token for these transactions. Analysts highlight XRPL's scalability and low transaction fees as key factors that make it an attractive option for IoT integration, which could significantly boost real-world utility and adoption. Currently, XRP is trading at approximately $2.43.