- BarriC, a crypto analyst, has sparked conversations within the XRP community on X with his forecast that XRP may eventually hit $1,000.
- The approval of XRP-based Exchange-Traded Funds by the SEC could be a catalyst for the $1000 mark and possibly mirror the success of BTC ETFs.
Since April 16, when the U.S. Court of Appeals for the Second Circuit approved a joint request by Ripple Labs and the Securities and Exchange Commission (SEC) to pause their ongoing legal battle for 60 days, bold forecasts about XRP’s future have surged. The pause in legal hostilities has reignited investor confidence and spurred a wave of speculation across the XRP community.
Just yesterday, CNF reported that Sistine Research, an AI-driven investment firm, labeled a $50 valuation for XRP as “conservative.” Today, crypto analyst BarriC went even further in an X post, declaring:
People will happily pay $100 per $XRP. And once that becomes the new ‘cheap’ entry point, that’s when we see $XRP skyrocket to $1,000. People will once again happily pay $1,000 per $XRP, to be part of the new global financial system.
As of now, XRP stands at $2.18, having dropped by 0.04386% in the last 24 hours.
Bitcoin (BTC) stands at approximately $92,902, having had a slight drop of 0.12%. Bitcoin is seen as a decentralized store of value, “digital gold,” while XRP is designed to be efficient and fast for cross-border payments as it operates under centralized governance. Because of these fundamentally different use cases, XRP’s place in the market is not directly competing with that of Bitcoin.
The market capitalization of XRP would have to reach a staggering $100 trillion, far beyond the current aggregate value of all cryptocurrencies, to have the token’s value at $1,000. To put things in perspective, the current market capitalization of Bitcoin is approximately $1.84 trillion, so it is safe to consider that for it to attain $1000 is far-fetched.
Phased Growth Scenarios
Based on ChatGPT’s insights, crypto investor Ashley Prosper provided a five-year growth map for XRP. According to ChatGPT, Ripple will implement On-Demand Liquidity (ODL) facilities worldwide in Phase 1 that can result in a $400–$500 increase in XRP price within the period between 2025 and 2027. The XRP Ledger (XRPL) may find more widespread acceptance by smaller firms and local payments systems as they move into Phase 2 (2028–2032) and drive the token price to $2,000–$2,500.
From Phase 3 (2033–2040), XRP will have wide application in the derivatives and security markets, and this may send its price up to $13,000 or $10,000. “Beyond 2040 (Phase 4): The theoretical price could peak at $20,000+ if XRP becomes the foundation of the global financial system,” ChatGPT concluded its forecast. While XRP’s future is promising, its long-term value hinges on mass adoption, token velocity, and whether XRPL will become a basis layer for the global financial infrastructure.
