XRP continues to trade around $3, but leading crypto exchange Changelly believes the coin could someday reach lofty heights in the triple and even four-digit range.

In a detailed report, the exchange shared ambitious timelines for when it believes XRP could trade above $500 and even $2,400. Interestingly, these XRP price projections are not unheard of within the crypto community.

Many influential voices in the XRP space have debated the coin’s potential to reach triple and even five-digit valuations in the future. For example, widely followed American wealth mentor Linda Jones believes XRP could surpass $100. DAG Managing Director Jake Claver has even suggested that XRP reaching $10,000 is possible.

While many agree that XRP could be worth more in the future, there is considerable disagreement about the timeline. Changelly contributes to the discussion by issuing specific projections.

When Could XRP Reach $501 and $2,406?

According to Changelly, XRP could be trading at $501.59 by February 2040, less than 15 years from now. Considering XRP’s current price of around $3, this would represent a massive gain of 17,499.7%.

In the same month, Changelly projects XRP will have a minimum price of $414.86 and an average price of $436.40.

Notably, the exchange suggests XRP could hit a maximum price of $2,406 by December 2040. This would translate to an extraordinary 84,321.1% return on investment for current holders.

Changelly expects XRP to enter the four-digit price range as early as May 2040 and continue progressing through the end of the year. The lowest price it projects for that year is $257.34.

The Journey to $501 and $2,406 for XRP

To reach $501 and $2,406 by 2040, XRP would require significant growth—17,499.7% and 84,321.1%, respectively. While these projections are undeniably ambitious, it’s worth noting that XRP surged by over 75,000% between 2017 and 2018—though it later fell by more than 95%.

This historical volatility partially supports the possibility of another aggressive price surge. However, as a cryptocurrency’s market cap matures into the billion- or trillion-dollar range, its growth trajectory typically slows down.

At a price of $500, XRP’s market cap would exceed $29.75 trillion, surpassing gold’s current estimated valuation of $22 trillion—though gold itself could be worth more by 2040.

At $2,406, XRP’s market cap would soar to an astronomical $142.9 trillion, surpassing the total current value of the global stock market.

For comparison, Telegaon projects Bitcoin to trade at over $2.5 million per coin by 2040, equating to a market cap of about $53 trillion. Changelly even offers a more aggressive forecast of $5,668,414 per BTC by 2040, which implies a market cap of $119 trillion.

Despite these bold projections for Bitcoin, XRP’s projected $2,406 price would still imply a higher market cap of $143 trillion—an outcome many experts see as highly unrealistic.

Timelines for XRP to Reach $501 and $2,406 per ChatGPT, Google Gemini, and Grok

ChatGPT suggests XRP could reach $501.29 between 2040 and 2050, but emphasizes that this is purely speculative. It considers $2,406 to be unrealistic and offers no timeline for that target.

Google Gemini declined to provide a specific timeline, stating that such projections are far-fetched.

Grok AI stated that $501.59 might be possible between 2030 and 2035, but only under ideal market conditions.

Regarding $2,406, Grok said it is not realistically achievable within the next 10–20 years based on current data. It added that such a scenario would require unprecedented global adoption and market shifts, likely post-2040, if ever.

XRP price may soar to an audacious two-digit level if it attracts up to 2% of the $60 trillion within retirement accounts globally.

Notably, we recently assessed this following a recent CNBC interview with Bill Miller IV, a Chartered Market Technician and portfolio manager at Miller Value Partners. Miller noted that Bitcoin may still be in the very early stages of adoption, even though the price recently pulled back from its peak of $124,000 to just over $108,000.

He noted several policy changes in the United States that could help bring in institutional money. He explained that the Federal Reserve recently ended its supervisory program on “novel activities,” which had placed limits on banks working with crypto. 

Miller Sees Bitcoin Hitting $175,000

He also highlighted an executive order from President Trump that directed the Department of Labor to scrap rules that previously kept retirement accounts away from digital assets. Together, these moves could allow retirement funds, which manage about $60 trillion globally, to start considering crypto allocations.

He argued that the impact of even a small allocation could be massive. Specifically, he said a 1% allocation from retirement funds would add about $30,000 to Bitcoin’s price. Meanwhile, with a 2% allocation, Bitcoin could climb to $175,000. 

For context, Bitcoin currently has a market cap of $2.16 trillion, as it trades for $108,500. An increase in price to $175,000 would push its market cap to $3.483 trillion. This translates to an additional $1.323 trillion in value from the 2% allocation.

XRP Price If It Attracted a Similar Allocation

Meanwhile, although Miller focused on Bitcoin, the same scenario could have similar effects on altcoins like XRP. Currently, XRP has a market cap of $167 billion and trades at $2.82, with a circulating supply of roughly 59.48 billion tokens.

If it received the same $1.323 trillion boost Miller calculated for Bitcoin, XRP’s total value would reach about $1.49 trillion. At that level, the price would jump to nearly $25.

Notably, while such an allocation may sound far-fetched, some analysts already believe an XRP rally beyond $25 is feasible. For instance, market watcher EGRAG Crypto recently argued that XRP could rally as high as $27 this cycle, rejecting claims that it might only top out around $4.

With Ripple now holding over 35% of the total XRP supply in escrow, what could XRP price surge to if a burn of the escrow triggers a mega bull run?

Notably, XRP’s total supply currently stands at about 99.985 billion tokens. Of this figure, Ripple controls 35.608 billion in escrow accounts, while 64.362 billion tokens circulate in the market.

Could Ripple Burn Its XRP Escrow?

Amid the current supply setup, discussions around Ripple’s balance have emerged within the XRP community. Many community members believe Ripple should burn its escrow balance. These individuals often argue that the move would create scarcity and push the price higher.

However, Ripple’s Chief Technology Officer, David Schwartz, disagrees with this idea. He has dismissed the idea that an escrow burn would guarantee a rally. Instead, he believes it could only lead to a waste of money. Specifically, burning Ripple’s escrow at today’s price would lead to the loss of nearly $107 billion.

Schwartz often points to Stellar’s decision in 2019 to cut its circulating supply by half. Notably, Stellar’s move failed to boost the token, and XLM continued to struggle. This instance leaves a big question mark over how XRP would react if Ripple decided to wipe out its escrow.

To have an idea, we asked Google Gemini what might happen if Ripple eliminated all 35.6 billion tokens in escrow, and the market responded with a bullish wave.

XRP Price if an Escrow Burn Triggers a Bull Run 

Responding, Gemini described such a move as a game-changer for XRP. According to the chatbot, this comes down to simple economics. When you slash supply but keep demand steady or rising, the price usually climbs. 

Gemini compared this possibility to Shiba Inu’s dramatic run. When Vitalik Buterin burned a massive portion of SHIB, the supply shock fueled a 420% rally as investors rushed in, afraid of missing out.

Right now, XRP trades for $2.82. Gemini explained that if Ripple destroyed the escrow, the total supply would shrink to the same 64.362 billion already in circulation, instantly making XRP more scarce.

From there, Gemini presented a few scenarios. First, if XRP repeated SHIB’s 420% surge, its price could leap from $3.01 to roughly $12.64, with a market cap climbing past $813 billion. However, the chatbot admitted that this kind of spike would be extreme and would only happen under very specific market conditions.

It then presented a less bullish scenario. According to the chatbot, if XRP doubled or tripled in value after the burn, which is likely to be the most realistic reaction, its price would land between $6.02 and $9.03. Nonetheless, this outcome still relies on the market reacting positively, because a smaller supply alone doesn’t guarantee growth. 

Essentially, Gemini believes a complete escrow burn could light up XRP’s price and possibly push it as high as $12.64 in the best-case scenario. Meanwhile, more realistic targets sit in the $6 to $9 range. Still, the analysis makes clear that nothing is certain in crypto.

The price of XRP could scale up to three figures if banks in the United States adopt it for domestic settlements.

Notably, XRP trades around $2.82 today, yet many investors argue that the current price still does not reflect the real value of its role in payments despite an over 400% increase from its value a year ago.

US Banks Domestic Settlement Volume

The discussion has intensified as talks surface about U.S. banks potentially using XRP for domestic settlements. For context, Federal Reserve data shows that in 2024, banks moved about $28.27 trillion through the National Settlement Service (NSS). 

This figure equals roughly $77.45 billion every single day. Specifically, the NSS processes this volume by handling the clearing and settlement of payments among U.S. banks, making it one of the most important systems in American finance.

Notably, the trend has pointed upward for years. In 2023, NSS volumes came in at $26.52 trillion, and earlier years recorded smaller but steady increases. By 2024, the total reached the $28.27 trillion figure, showing just how massive domestic settlement activity has become. 

Meanwhile, with such high volumes flowing through the system, the idea of XRP stepping in as a settlement tool naturally triggers questions about how its price might respond.

Right now, XRP operates on a much smaller scale. It changes hands at $3, with a circulating supply of 59.48 billion coins and a market value of about $178.87 billion. Its daily trading volume averages $6.62 billion, far below the $77.45 billion that moves through NSS each day.

XRP Price if US Banks Adopt It for Settlement

To test the possible price impact if the NSS adopts it, we turned to OpenAI’s ChatGPT. Notably, the chatbot compared XRP’s current trading activity with the NSS settlement benchmark. It found that XRP processes less than one-ninth of NSS daily volume. 

If it scaled the price levels to match that gap, XRP would need to rise about 11.7 times from where it stands today. This calculation puts XRP at roughly $35 per token if it fully matched NSS’s daily settlement flows.

However, ChatGPT noted that this $35 estimate only shows a linear projection. Notably, real markets do not always move so neatly. According to ChatGPT, if U.S. banks began using XRP, several extra factors could drive the price higher. 

For instance, Banks would likely hold large amounts of XRP as reserves, taking coins out of circulation. It noted that this reduction in supply could tighten liquidity and create upward pressure. Moreover, speculation would also add to the bullish momentum.

ChatGPT pointed out that bullish conditions often push assets far beyond their baseline valuations, especially when a new use case emerges on a massive scale. If adoption happened, momentum, scarcity, and excitement together could lift XRP toward the $70 to $100 range.

A prominent market analyst suggests the recent XRP price struggle is only a pause before the next move against Bitcoin.

Notably, the broader crypto market has continued to witness bearish pressure amid consistent selloffs and waning sentiments. This trend has pushed XRP below the pivotal $3 mark, with the altcoin subsequently losing the support at $2.9 to trade at $2.8 at press time.

XRP’s Recent Performance Against Bitcoin

Also, XRP has faced a more bearish spell than Bitcoin, leading to a consistent collapse in the XRP/BTC pair. However, market analyst EGRAG Crypto suggests that this only represents a pause for XRP before its next breakout against Bitcoin.

The analyst shared a 1-month chart showing XRP’s current position against Bitcoin. For context, the XRP/BTC pair began August with a massive 5.93% collapse on the second day of the month, hitting a low of 0.00002440. Nonetheless, it recovered to a peak of 0.00002897 on Aug. 8 before the recent bearish spell that has dragged it to 0.00002596.

Now, XRP is down 0.54% against Bitcoin in August, but this might be a temporary bearish phase. According to EGRAG’s chart, the XRP/BTC pair is currently trading within a bull pennant that has lasted for eight months now.

XRP Forms Bull Pennant Against Bitcoin

For context, a bull pennant structure typically features an initial explosive run, which represents the flagpole, and an actual flag, which represents consolidation after the initial uptick. This formation indicates that instead of a breakdown, the asset is observing a short break before the next leg up.

With the XRP/BTC pair, the flagpole formed when XRP surged from 0.00000725 BTC in November 2024 to a high of 0.00003419 BTC by January 2025. This aligned with the XRP run from $0.5 to $3.4 within the same period.

After this initial run, the XRP/BTC pair retraced as XRP took a breather, but XRP’s resilience ensured there was no massive crash to earlier lows, with the pair trading within a range of 0.00003288 and 0.00001928 for eight months. This price action has formed the flag itself, as XRP establishes strong support around the 0.00002 BTC mark.

Despite the recent drop, XRP still holds within the flag, awaiting the next leg up to break out. As a result, EGRAG insists that with this current bearish price action, XRP is merely “stalling before the move.” Notably, this expected move would push XRP above the upper trendline of the flag, with a break beyond the 0.786 Fibonacci retracement at 0.00002893 BTC.

XRPBTC Breakout Target

Following this move, a retracement would likely occur to retest this breakout before a full launch to greater heights. Interestingly, EGRAG has identified three lofty targets for this upward push using Fibonacci extension levels.

Specifically, the first target sits at 0.00007262 BTC, aligning with the 1.272 Fibonacci extension. At this price, XRP would trade for $7.87, considering Bitcoin’s current price of $108,500. Meanwhile, the second target lies on the Fib. 1.414 extension, aligning with 0.00009502. This translates to an XRP price of $10.3 at current BTC price levels.

For his ultimate target, EGRAG eyes the 1.618 Fibonacci extension, which would put XRP at 0.0001398 BTC. The last time the XRPBTC pair traded around this level was in January 2018, when XRP hit $3.3 as BTC changed hands at lower prices. Today, with BTC trading for $108,500, if XRP hits 0.0001398 BTC, its price would shoot up to $15.1.