- XRP may surge in value over the next 12–24 months amid regulatory clarity and institutional adoption.
- Investors would need between 18,000 and 100,000 XRP (worth $41K to $232K today) to potentially reach $1 million.
- XRP’s position as an ISO 20022-compliant asset and its growing role in cross-border finance make it one of the most closely watched tokens in the market.
In a recent episode of The Good Evening Crypto show, analysts Abdullah “Abs” Nassif and Johnny discussed the potential for XRP to reach significant price milestones over the next two years.
The conversation focused on the evolving regulatory landscape, rising institutional adoption, and technical signals that could serve as catalysts for a sharp surge in the asset’s value.
Nassif, a longtime crypto commentator, cited several upcoming developments, including Ripple CEO Brad Garlinghouse’s scheduled testimony before the U.S. Senate Banking Committee and the imminent review of the Crypto Clarity Act.
These developments, according to Nassif, are evidence of growing attention to blockchain-based assets in traditional finance sectors such as Wall Street and banking.
XRP Rich List Shows Entry Barriers Rising
Highlighting data from the XRP Rich List, Nassif pointed out that holding just 2,500 XRP currently places an investor in the top 10% of global XRP wallets. To join the top 1%, however, one must hold approximately 51,300 XRP, roughly $119,000 at recent prices.
Source: Good Morning Crypto
Also Read: Ripple CEO to Explain XRP to Banking Committee – Here’s His Full Testimony
Nassif noted that this threshold has risen quickly. As recently as November 2023, 2,500 XRP could be purchased for about $500. Now, the same amount exceeds $5,000. This rapid price growth underscores XRP’s expanding role in the broader crypto market and hints at its future investment potential.
He also emphasized that institutional interest is rising, making it harder for retail investors to accumulate large holdings.
Citing Ripple’s partnerships with financial firms such as SBI Holdings and Bank of America, Nassif believes XRP is positioned as a serious contender in the evolving cross-border payment space, especially as it aligns with global financial standards like ISO 20022.
How Much XRP to Reach $1 Million?
Johnny, another analyst on the show, broke XRP’s future into two distinct phases: a speculative phase and a utility-driven phase. He believes that the first surge in XRP’s price will come from speculation, triggered by clearer regulation, particularly the potential passage of the Crypto Clarity Act.
Johnny offered three price scenarios and how much XRP investors would need in each to become a millionaire:
- At $10–$12 per XRP, you’d need approximately 100,000 XRP (valued at $232,000 today).
- At $25 per XRP, you’d need about 40,000 XRP (currently worth $92,800).
- At $54 per XRP, only 18,000 XRP (around $41,760 at current prices) would suffice.
Both analysts agreed that even conservative price projections present lucrative opportunities, with Nassif personally targeting a holding of 25,000 XRP as a realistic benchmark for those aiming to reach millionaire status.
Market Momentum, Regulation, and XRP’s Positioning
The conversation further explored XRP’s strong fundamentals in comparison to other digital assets. Nassif argued that XRP has a better return profile than Bitcoin due to its smaller market cap and faster growth potential.
He noted that while Bitcoin would require a $2 trillion market cap increase to double in price, XRP would only need about $130 billion to do the same.
Additional bullish factors include Ripple’s technological edge in cross-border payments, its compliance with ISO 20022 messaging standards, and continued support from RippleNet partners worldwide.
Data from other industry voices supports these outlooks. Analysts like Edoardo Farina have echoed similar sentiments about XRP’s current price being undervalued, especially given Ripple’s legal victories and growing utility in the payments sector.
Conclusion
In wrapping up, both Nassif and Johnny emphasized urgency. They warned that XRP’s current price range won’t last forever, especially as global regulations solidify and financial institutions begin allocating digital assets like XRP to their balance sheets.
“The window to get in at these levels is closing,” Johnny stated, advising prospective investors to evaluate their positions before major market shifts occur.
Also Read: XRP Crashes After Fake Breakout Above $2.30 Wipes Out Bullish Traders
