XRP pundits are speculating on massive upside potential after Twenty One Capital CEO Jack Mallers made one of his boldest predictions for Bitcoin.

During a live interview on NYSE TV, Mallers confidently declared that Bitcoin is going “higher, higher,” and when pressed, added, “a lot higher.”

He projected that Bitcoin could surge 200x from its current price of around $115,900, targeting the global $500 trillion savings market.

This ultra-bullish Bitcoin outlook has renewed excitement within the XRP community, prompting speculation about how high the XRP price could climb in such a scenario.

Specifically, Digital Asset Investor, a well-known XRP influencer, responded to Mallers’ claim by stating that if Bitcoin surges 200x, XRP price could rally 1000x.

Jack Mallers’ 200x Bitcoin Thesis

Mallers explained that global wealth across real estate, equities, and precious metals totals roughly $900 trillion, with about half of it primarily serving as savings. In his view, Bitcoin is now competing for a portion of that market.

He emphasized that Bitcoin is aiming to capture a share of the estimated $500 trillion global savings market. Currently, Bitcoin accounts for only around $2.3 trillion of that.

From a purchasing power perspective, this suggests massive growth potential up to 200 times its current value.

His firm, Twenty One Capital, is backing this prediction with action. Since its launch in April, the company has acquired 43,514 BTC, worth over $5 billion. Institutional investors like Tether, Bitfinex, Strategy, and SoftBank are also supporting the strategy.

For context, a 200x increase would put Bitcoin at over $23.1 million per BTC. Interestingly, MicroStrategy has also projected that Bitcoin could reach $13 million per coin by the 2040s.

This level of ambitious growth is raising questions about the future positions of top altcoins like XRP.

XRP Price Potential in a 200x Bitcoin Scenario

If Bitcoin truly achieves a 200x increase, Digital Asset Investor argues that XRP could outperform even more dramatically, rising 1000x from today’s price of around $3.

A 1000x gain would place the XRP price at an astonishing $3,000 per coin. With a circulating supply of 59.77 billion tokens, such a price would give XRP a market cap of approximately $179 trillion.

If Bitcoin is 200X XRP is 1000X https://t.co/LkkpdbHl5J

— Digital Asset Investor (@digitalassetbuy) September 17, 2025

Meanwhile, industry figures like Cardano founder Charles Hoskinson have previously suggested a similar 1000x potential for ADA relative to Bitcoin’s growth.

With this projection, Hoskinson aims to highlight that Bitcoin’s upside may be more limited, while smaller-cap altcoins like ADA and XRP could have more room to run.

Meanwhile, XRP supporters have continued to call for even more aggressive price targets, well beyond the 1000x mark.

Bolder Predictions for XRP

For instance, crypto CEO Jake Claver recently suggested that the XRP price could reach $2,500 if major macroeconomic shifts trigger a global “supply shock”. He argues that price is driven by available supply, not market cap, and dismisses critiques that such a valuation is unrealistic.

Claver has also claimed that the XRP price could eventually reach $10,000. He reasons that higher XRP prices would allow institutions to move large sums with fewer tokens, increasing network efficiency.

He cited Ripple’s own example: sending $1 million requires 1 million XRP at $1, but only 100,000 XRP at $10 — and just 100 XRP if the price is $10,000.

While critics view these predictions as unrealistic, Claver continues to dismiss market cap concerns. Still, skeptics caution that such narratives may mislead investors into chasing improbable short-term gains.

While predictions of an XRP rally to three digits have met skepticism, some pundits believe even a run to five digits is feasible.

Notably, XRP trades at $3.00, but many analysts and commentators believe the token remains significantly undervalued. Even with that shared view, no one can say for certain what its fair value should be.

XRP Seeing Lofty Price Predictions

In recent months, price predictions for XRP have gained momentum, especially after the asset jumped nearly 600% between November 2024 and January 2025. This surge reminded investors of XRP’s tendency to grow quickly. 

Some predict a run to $50, while others, like Alpha Lions Academy founder Edoardo Farina, see $100 as realistic. A few analysts now speak of $1,000 as a possible long-term target, especially if XRP’s real-world use cases expand.

Still, despite doubts surrounding such ambitious forecasts, a group within the XRP community believes the token could climb as high as $10,000. 

“XRP Will ‘Without a Doubt’ Reach $10,000.”

Xena, a community pundit, holds one of the most confident views. When someone asked her if she truly thought XRP could reach $10,000, she didn’t hesitate to affirm her conviction. According to her, “without a doubt, it will.”

Xena explained that many people hesitate to accept ambitious targets like $10,000 because XRP hasn’t even passed its previous all-time high. However, she reminded everyone how people once laughed at the idea of Bitcoin hitting $1 million when it hadn’t even crossed $1,000. 

Today, Bitcoin’s price leaves little room for that doubt, and according to her, many people now regret not holding more of it when they had the chance.

She also pointed to her own experience. Years ago, she bought Bitcoin between $200 and $600 and picked up Ethereum at $5. At that time, critics called those moves foolish. She trusted her instincts then, and it worked out. To her, XRP today sits in the same spot those earlier tokens once did.

Xena Believes Critics Will Always Exist

Xena acknowledged that critics will always exist. She believes most of them speak with false certainty and assume they understand everything, when in fact, they often don’t. According to her, she chooses to focus on the signs she believes matter rather than argue. 

She referred to figures like Bearableguy, a mysterious influencer in the XRP community who believes XRP is largely undervalued. Xena pointed out that Ripple executives such as Brad Garlinghouse and David Schwartz have followed this figure, which she sees as a strong clue that he may know something. 

She also mentioned the number 589, a long-running symbol in the XRP community, and questioned why Ripple often references it subtly, perhaps intentionally.

Skeptics dismiss these ideas as nonsense, but Xena urged people to consider that maybe they’re missing the bigger picture. She mentioned that Ripple co-founder Arthur Britto reportedly once said XRP was built to reach $10,000. According to her, even if he exaggerated slightly, this still leaves room for enormous growth.

Notably, with XRP currently trading for $3.00, it would need to rally 456,521% from the current price to reach $10,000. This is a lofty journey. Also, with 59 billion tokens in circulation, a $10,000 price would put XRP’s market cap at $590 trillion. Such a valuation far exceeds the current M2 money supply of around $90 trillion.

If you invest $200 monthly into XRP from now until 2040, how much would XRP need to rise by 2040 to yield $1 million?

Several market commentators have often touted XRP’s potential to deliver impressive returns from modest investments. This optimism has been bolstered by its remarkable price journey from lowly beginnings to the current position.

XRP DCA Strategy

For instance, a previous report from The Crypto Basic confirmed that if an investor had committed $100 into XRP from May 2015 to June 2025, they would have invested a total of $53,600. However, the portfolio would be worth a whopping $3.58 million, enough for most investors to retire.

Nonetheless, we recently assessed how much an investor would make if they made a similar investment involving a higher monthly commitment, specifically $200 monthly until 2040.

Notably, if an investor consistently sets aside $200 every month from 2025 until 2040, the total contributions would reach $36,000. However, the amount of XRP accumulated would largely depend on the average entry price. Specifically, XRP could correct toward $0.40, consolidate around the $3 mark, or rise to around $5 during the purchases.

How XRP Could Make You $1M by 2040

If XRP ever corrected back to the $0.40 and this $36,000 investment purchased XRP at that average price, the investor would secure 90,000 XRP. At today’s price of $3.00, the same $36,000 would buy roughly 11,575 XRP. Meanwhile, if XRP soared to an average price of $5, the amount would only accumulate 7,200 tokens.

By 2040, the value of these holdings would vary depending on how high XRP’s price rises. If XRP climbed to $10, the 90,000 tokens purchased at $0.40 would grow to $900,000. Meanwhile, the 11,575 tokens bought at $3.11 would be worth $115,750. However, the 7,200 tokens procured at $5 would amount to $72,000. 

However, if XRP surged to $25 by 2040, the portfolio procured at $0.40 would expand to $2.25 million, while the tokens amassed at $3.11 would grow to $289,375, and the assets bought at $5 would only yield $180,000. 

Meanwhile, should XRP reach the $50 mark by 2040, the 90,000 tokens procured at $0.4 would rise to $4.5 million. However, the 11,575 XRP amassed at the $3.11 price would yield $578,750, and the 7,200 tokens bought at $5 would be worth $360,000.

This confirms that if the investor bought his tokens at today’s price of $3.11, they would likely need XRP to reach a price of around $86 to cross the $1 million mark by 2040. 

Investors Continue to Eye the $1M Mark.

Interestingly, a recent analysis from The Crypto Basic revealed that XRP could breach the $100 mark in 2040, hitting $101 in January 2040 if it grew 2% each month. Also, analysts at Telegaon believe XRP has the potential to hit $100 by 2040, predicting a minimum price of $119.08. At these prices, XRP bought at today’s value would be worth more than $1 million.

This aligns with the $100 price target often touted by XRP market commentators. In March, pundit Edoardo Farina boldly claimed that XRP should be above $100 under normal circumstances. Last month, Zach Rector suggested that XRP might only need $11 to $58 billion in net capital inflows to hit the $100 price.

Notably, most market participants have often eyed the $1 million. Last month, The Good Morning Crypto host Abdullah Nassif evaluated how much an investor would need to reach a $1 million investment with XRP at different price targets.

Jake Claver, CEO of Digital Ascension Group, recently shared his insights on what would need to happen for XRP to reach a $2,500 price per coin.

He explained the key macroeconomic factors and the unique properties of XRP that, in his view, justify such four-digit figures for an asset currently trading at around $3.

Supply and Demand Will Drive Value

According to Claver, no magic switch can push XRP to astronomical prices overnight. Rather, a combination of global macroeconomic events must align for a “supply shock” to occur. He expects this supposed supply shock to drive the price upward.

“There are actually global macroeconomic events that need to play out for that supply shock to take place,” Claver said.

While many investors focus on total market capitalization, Claver emphasizes that the true driver of XRP’s value lies in the available supply. He attempts to dismiss the popular criticism surrounding ambitious price targets. 

For context, a $2,500 price per XRP would imply an approximate market cap of $149 trillion for XRP alone. This figure exceeds the combined valuation of the global stock market. 

Given the scale, many consider such multi-trillion-dollar figures for XRP unrealistic. However, some XRP proponents like Claver do not share that perspective.

To him, market cap is irrelevant. He claims the real driver of value is the actual supply available for purchase. 

Fixed Supply Strengthens the Case

Another factor supporting the narrative for a massive XRP price surge is its fixed supply. Unlike many other cryptocurrencies, XRP cannot be endlessly minted, making it a unique asset.

Originally minted in 2012, the total supply of XRP was capped at 100 billion. Claver notes that this supply is locked in a “black-holed” account, meaning no one has access to it or the ability to create more.

“There’s no way to mint more XRP. Nobody can freeze it. Its cap is 100 billion tokens,” Claver pointed out.

“Deflationary Asset Like No Other”

Furthermore, Claver claims that around 5,000 XRP are burned every single day through transactions, enforcing a deflationary model. “It’s literally the only deflationary asset besides, like, uranium on the planet,” he said.

As more XRP is burned over time, Claver believes this growing scarcity could significantly boost its value.

Will XRP Ever Reach $2,500?

Essentially, Claver is confident that XRP can reach a $2,500 price per coin, which would require a growth of approximately 83,233%. He believes that a combination of major global macroeconomic shifts, increasing demand, and a low amount of XRP available for purchase will make it possible.

This isn’t the first time Claver has made such a bold price forecast for XRP. In July, on The Good Morning Crypto show, he stated that XRP could hit $1,500–$2,000 by January 1, 2026, if certain global and market events align.

His forecast hinges on factors such as:

• The unwinding of the reverse carry trade
• Potential regulatory actions against Tether
• Fallout from the Jeffrey Epstein case is possibly affecting crypto markets

In such scenarios, Claver believes XRP could emerge as a safe-haven asset.

He also referenced the Shane Ellis theory, which suggests that exchange liquidity issues could trigger a sudden XRP price spike. 

Additionally, Claver highlighted XRP’s real-time settlement capabilities as vital during financial crises when traditional systems are offline, such as on weekends and holidays.

Finally, he pointed to DTCC and R3’s Project ION as a system that could benefit from XRP as a neutral, liquid bridge asset. Rising oil prices and geopolitical tensions in the Middle East, he added, could further accelerate XRP adoption.

A Word of Caution

Despite all these factors, the hope of XRP reaching $2,000 as early as 2026 remains highly speculative. Critics have warned investors not to place too much significance on such predictions, particularly given their aggressive short timeline.

What could XRP price rise to if XRP acts as the liquidity rail for the carbon market once tokenization dominates the scene?

The carbon market is on a massive growth path, with forecasts pointing to trillions of dollars in value over the next decade. Specifically, a Precedence Research report predicted that the carbon credit sector could jump from about $933 billion in 2025 to more than $16 trillion by 2034, which means nearly 38% yearly growth. 

The Carbon Market’s Impressive Growth

Meanwhile, other research shows the carbon offsets segment, worth about $1.06 trillion in 2023, could climb past $3 trillion by 2032. 

This growth could be driven by several factors such as governments pushing tougher climate rules, corporations chasing sustainability goals, and rising activity in both compliance and voluntary carbon markets.

Notably, as the market scales, tokenization could improve how credits trade. For instance, putting carbon credits on blockchain would make transactions faster, cheaper, and easier to track. 

If this happens, digital assets with strong liquidity functions could have an important role to play. Interestingly, XRP often comes up in this discussion because it can move value instantly across borders at low cost, making it a natural option as a liquidity rail for tokenized carbon credits.

Notably, the XRP Ledger itself is carbon neutral, bolstering its chances. However, what this role would mean for XRP’s price remains uncertain. As a result, we asked Google Gemini for a hypothetical view. 

XRP Price if It Serves as Liquidity Rail for the Carbon Market

In response, Gemini noted that XRP’s value should not rely on traditional market cap math. Instead, its worth depends on how much money it moves through its network. 

Gemini compared this to a toll road. Notably, the road’s importance comes from the goods and services traveling across it every day, not just the asphalt for building it. For perspective, the higher the value of goods and the heavier the traffic, the more valuable the road becomes.

Gemini applied this logic to the carbon credit market, which could reach $16.38 trillion by 2034. If XRP captured only 0.5% of this market’s transaction flow, it would move around $81.9 billion in value. 

To handle that scale smoothly, XRP’s price would need to rise enough to provide the liquidity needed while avoiding volatility. According to Gemini, the price could surge to as high as $100, with some analysts pointing to $1,000.

Nonetheless, Gemini clarified that this scenario is not a prediction but an illustration. The point is that once XRP takes on large-scale utility, its valuation changes from being a static crypto asset to an essential financial tool. In such a case, its price could reach levels that look impossible under today’s models.

Still, Gemini also highlighted challenges. For one, other blockchains or even traditional finance systems could compete for the same role. In addition, regulations in different countries remain uncertain and could slow adoption. The timeline for tokenizing carbon credits is also unclear. Moreover, Ripple’s own push into the carbon market matters too.

A recently resurfaced paper from a BlackRock Managing Director estimated an XRP fair value around an ambitious two-digit level.

Notably, market commentator AllInCrypto recently called the public’s attention to a 2018 paper co-authored by Robert Mitchnick, now BlackRock’s Head of Digital Assets, and Stanford economist Susan Athey.

The study, released years before the crypto market reached today’s trillion-dollar scale, was among the first structured attempts to calculate the fair value of Bitcoin and XRP. It estimated XRP’s fair value at $32.

Notably, in June 2018, Bitcoin traded near $7,000 and XRP changed hands around $0.50, the same price it traded for as recently as September 2024. Both had soared the previous year, but few analysts could explain the rally. 

Details of the Report

In their report, Mitchnick and Athey approached the crypto valuation differently. Notably, instead of seeing them as stocks or commodities, they treated Bitcoin and XRP as forms of money that had two main purposes: moving value and storing wealth.

Their model estimated demand by projecting how much people would use each network for payments and how much wealth might eventually be held in the assets long term. They divided this projected demand by each asset’s supply and discounted the numbers back to present-day values using traditional finance methods.

Specifically, the framework relied on eight inputs: expected transaction volumes, average holding time before coins moved, storage demand, total supply, future issuances or locked tokens, reserve ratios, discount rates, and the years needed for adoption to stabilize. 

Bitcoin and XRP Fair Values

For Bitcoin, they assumed 18.2 million coins in circulation by maturity and a 12-year adoption timeline. Meanwhile, for XRP, they worked with the full 100 billion supply, with 39.2 billion circulating at the time and the rest locked in escrow.

Notably, the report projected Bitcoin’s daily transaction volume to hit $5.6 billion to $28.2 billion by 2030. According to their estimates, if Bitcoin captured a gold-like share of global wealth, storage demand could range between $1.1 trillion and $1.6 trillion. 

With a 4% discount rate, they valued Bitcoin at $45,000 to $93,000. However, after factoring in only a 30% chance of long-term success, the expected fair value dropped to $13,600 to $28,100.

However, for XRP, the model suggested even bigger potential. Specifically, they projected $190 billion to $556 billion in daily transactions by 2030 across remittances, corporate payments, and foreign exchange. 

If XRP captured 15-30% of crypto’s wealth storage, that meant $1.6 trillion to $3.2 trillion in demand. Nonetheless, with an 8.5% discount rate, the model placed XRP’s fair price at $6.37 to $32.91. After assigning just a 25% chance of success, the expected value narrowed to $1.59 to $8.23.

Current State of the Market

Seven years later, the results look mixed. For one, Bitcoin now trades around $116,000, up more than 1,500% since 2018 and above the model’s expected range. On the other hand, XRP, at about $3, has risen fivefold but still falls short of the $32 success scenario.

The broader market has improved significantly as well. Notably, crypto’s total market cap has climbed to $4 trillion. Bitcoin controls 58% of this share with a $2.31 trillion valuation and $33 billion in daily trading volume. However, XRP holds 4.5% of the market, valued at $180 billion, with $4.14 billion in daily activity.

Most would argue that the U.S. SEC’s lawsuit against Ripple, which began in December 2020, contributed massively to XRP’s less impressive run. 

Also, Mitchnick’s valuation focused on XRP dominating Ripple’s ODL and ODL in turn dominating global payments. This has not yet materialized, and Ripple has diluted its focus to other areas, such as stablecoins. In addition, BTC may have outperformed due to the massive demand from ETFs and treasury companies.

However, it is important to note that these were not necessarily price predictions from Mitchnick and Athey. Instead, they were estimates of the fair values of Bitcoin and XRP if the proper conditions aligned.