A new XRP market cap multiplier model shows how much buy volume would be necessary to send the XRP price soaring to $90.

The model, which is still in development and its raw form, illustrates the predominant belief among XRP proponents that XRP’s market cap could grow astronomically with modest capital inflows. It also shows just how powerful capital inflows can be when liquidity is limited. 

XRP Surged to $90 with $10B in Buy Orders

Phil Kwok, the co-founder of EasyA, unveiled the tool in a recent disclosure. In a particular scenario, he used a $10 billion input to test XRP’s response. Notably, at the time of the simulated buy, XRP traded at $2.97, with a total supply of 59.3 billion tokens, which put its market cap at $176.1 billion.

After the tool applied the $10 billion order, XRP’s price jumped to $90. This raised the market cap to $5.3 trillion, an increase of $5.2 trillion, or 2,930.3%. The model calculated a multiplier of 516x, showing that every $1 million worth of inflow could raise XRP’s market cap by $516 million under the right conditions.

To reach the $90 target, the order cleared out multiplier layers of the sell-side order book, beginning at $2.975 and steadily buying up liquidity at each level. This sweep continued until it consumed all available asks up to $90. The process showed how little XRP is available for sale at higher prices and how this scarcity can drive explosive price moves.

Large Buy Orders with Thin Liquidity Could Catapult XRP to Higher Targets

Interestingly, Dom, a well-known analyst who studies order books closely, has pointed to this pattern for years. In late 2023, when XRP still traded below $1, he predicted that just $1 billion of buy pressure could push the price up by several dollars. 

Dom encouraged traders to look directly at the order book depth to see how little resistance existed beyond the early price levels.

Meanwhile, last December, when XRP surpassed $2, Dom pointed to the same mechanics behind the sharp price spike. He explained that thin liquidity allowed for steep, almost vertical price jumps as soon as serious buy pressure arrived. 

The market expert noted that most XRP holders set extremely high price targets and likely won’t sell even after big rallies, which only adds to the supply squeeze. He expected XRP to peak only when a flood of selling reappears.

Moreover, three months back, Dom shared a real-time example that showed the multiplier model in action. Specifically, he tracked $61 million in net buying pressure across top exchanges over 13 hours. 

Ever wondered how much money it takes to cause a 16.6B increase in $XRP market cap?

Since I am tracking every trade on all major spot exchanges, I have the exact $ figure

61M USD. Thats the net market buying pressure we saw over the last 13 hours.

So yes, 61M USD of buy… pic.twitter.com/XDt6FMB0g9

— Dom (@traderview2) May 12, 2025

Notably, this buying pressure added $16.6 billion to XRP’s market cap, resulting in a real-world multiplier of 272x. Highlighting this important instance, Dom stressed that market cap figures often mislead investors who don’t understand how liquidity impacts price moves.

This article examines the potential impact on XRP if global retirement funds were to allocate 1% of their $50 trillion assets to the coin.

Recently, the prospects of institutions investing in XRP and holding it for the long term have gained traction. Over eight firms, including Trident Digital, Webus, and VivoPower, have announced plans to hold XRP as a treasury asset.

Amid this institutional frenzy, some suggest it may not be long before global retirement funds join the XRP investment train. Many already see XRP as a potential investment vehicle for retirement, with various ambitious predictions for the coin.

Now the question: What’s the potential price implications for XRP if global retirement funds were to allocate 1% of their assets to XRP?

The Scale of Retirement Funds

Global retirement funds collectively manage trillions of dollars in assets. Estimates put their total assets at around $50 trillion, encompassing public and private pension funds from countries across the world.

These funds invest conservatively to meet their long-term obligations, focusing on bonds, equities, and real estate. However, the growing acceptance of crypto assets as alternative investments is shifting this landscape.

Allocating even a small portion of such vast assets to XRP could generate significant capital inflows into the cryptocurrency. Given the sheer size of these funds, a 1% allocation translates into hundreds of billions of dollars entering the XRP market.

XRP Price If Retirement Funds Allocate 1%: Scenario 1

Currently, XRP is trading at around $3.00, with a circulating supply of approximately 59 billion tokens. This places its market capitalization near $165 billion.

If global retirement funds were to allocate 1% of their $50 trillion assets, that would equal a $500 billion investment in XRP. For context, this is roughly three times its current market cap.

Assuming a straightforward, linear price impact, this inflow could push XRP’s market capitalization to about $665 billion. In effect, this would translate into an estimated price of $11.28 per XRP.

However, market dynamics in crypto are rarely linear. Liquidity constraints, speculative momentum, and order book depth can amplify price movements well beyond such calculations.

Scenario 2: The Multiplier Effect on XRP Price

Historically, when large sums enter crypto markets like XRP, the price impact can multiply due to a phenomenon known as the multiplier effect.

Initial buying pressure often drives prices higher, attracting additional investors and creating momentum. Thin order books mean that to purchase significant amounts, buyers must accept higher prices, further escalating XRP’s value.

If we factor in a conservative multiplier effect, XRP’s price could rise anywhere from 1.5 to 3 times the linear estimate. This would place the potential price range between approximately $17 and $34 per XRP. A higher multiplier effect simultaneously means higher prices.

Challenges and Considerations for Retirement Funds

Until recently, regulatory uncertainty significantly slowed the adoption of cryptocurrencies like XRP in retirement portfolios. 

The U.S. Department of Labor’s 2022 guidance had discouraged fiduciaries from including crypto assets due to concerns over volatility, custody, and speculative risks.

However, the regulatory landscape has changed dramatically in 2025. The U.S. Department of Labor officially rescinded its 2022 crypto restrictions. It returned to a neutral position in May 2025 that neither endorses nor discourages crypto in retirement plans. This move aligns with similar easing by the Federal Reserve, FDIC, and OCC.

Ultimately, the possibility of global retirement funds allocating just 1% of their portfolios to XRP could transform its market. The size of these funds means such an investment would not only elevate XRP’s price dramatically but also boost its legitimacy as a long-term asset class.

A notable XRP community pundit has suggested XRP will produce more millionaires at $1,000 than Bitcoin at $1 million.

This statement came from Xena, who has continued to express bullish sentiments around XRP. She responded to recent disclosures, arguing that if Bitcoin can reach $1 million, XRP could also hit $1,000. According to her, XRP will likely produce more millionaires if both assets reach their respective milestones.

Could XRP Produce More Millionaires?

Her statement points to prevalent sentiments around how much further XRP can grow from its current price and how much more buying power everyday investors have with XRP compared to Bitcoin. 

Right now, XRP trades at $2.96. At this price, an investor can pick up 1,000 XRP tokens with just $2,960. Meanwhile, if XRP hits $1,000 someday, the 1,000 tokens, currently worth $2,960, would turn into $1 million. 

In comparison, investing the same $2,960 in Bitcoin at its current price of $115,095 would only buy 0.0257 BTC. If Bitcoin climbs to $1 million, that investment would grow to just $25,717. 

This difference is the major reason some investors believe XRP offers a better chance at life-changing returns. However, XRP would only present better returns at $1,000 because it has a longer journey to this milestone than Bitcoin does to $1 million.

Xena’s comments came as a response to a disclosure from another well-known XRP proponent, Anderson. He argued that if Bitcoin can realistically reach $1 million, then XRP should have a fair shot at $1,000. 

His statement pointed to what many in the XRP community see as a double standard. Most people believe Bitcoin can hit $1 million, but these individuals still doubt XRP could ever reach $1,000.

Predictions of a Bitcoin Run to $1M+

Specifically, many experts and high-profile investors have backed Bitcoin’s long-term upside. Cathie Wood, CEO of ARK Invest, believes Bitcoin could reach $1 million by 2030. She has supported this view since 2022 and recently increased the target to $1.5 million, pointing to rising institutional adoption. 

Moreover, Fundstrat’s Tom Lee also sees Bitcoin hitting $1 million within a few years. He calls it a digital safe haven like gold and expects milestones of $150,000 and $500,000 within five years.

Meanwhile, Michael Saylor, who founded Strategy, has one of the boldest predictions. He believes Bitcoin could be worth $13 million by 2045. Notably, he bases this on the limited supply of BTC and the demand surges often seen after halving events, especially those expected in 2025 and 2026. 

Robert Kiyosaki, author of Rich Dad, Poor Dad, has said he expects Bitcoin to reach $1 million by 2035 due to rising U.S. debt and financial instability. Cardano’s founder, Charles Hoskinson, thinks Bitcoin could cross the $1 million mark before 2030 thanks to growing institutional interest from firms like BlackRock. 

Some Believe XRP Could Hit $1,000

For XRP, the outlook isn’t as widely accepted, but some predictions still exist. In April 2025, CryptoGuard’s COO said XRP could reach between $100 and $1,000 within the next decade. 

Changelly’s analysts forecast XRP could climb to $1,020 by May 2040. Also, most recently, in July 2025, EasyA’s founders discussed XRP potentially hitting $1,000, pointing to the expansion of the XRP DeFi ecosystem as a possible spark for such a rally.

However, the more extensive journey required for XRP to hit $1,000 has contributed to the growing skepticism. For context, while Bitcoin only needs to jump 768% from its current price to hit $1 million, XRP must surge by 33,683% to get to $1,000. 

Also, if Bitcoin hits its goal with a 19.9 million token supply, its market cap would land at $19.9 trillion, still below gold’s $22.4 trillion. On the other hand, XRP would reach a $59.3 trillion market cap at $1,000 with 59.3 billion tokens, more than double gold’s value.

As stablecoins and tokenized assets scale into the trillions, a crypto founder argues that XRP current price is unsustainable for the financial role it’s expected to play.

This perspective comes from Versan Aljarrah, co-founder of Black Swan Capitalist. In a tweet, he stressed that the current price of around $3 is incompatible with its anticipated role in powering the next wave of tokenized finance.

Specifically, Aljarrah stated that if institutions and market participants will use stablecoins for purchasing Treasury debt, digitizing government expenditures, and settling trillions in tokenized assets, it won’t be possible to do so with XRP trading at $3.

This statement comes as global finance moves decisively toward on-chain settlement, with stablecoins and tokenized treasuries at the heart of the transformation. Given XRP’s role in this space, Aljarrah argues that its price must reflect its utility.

XRP Amid Trillions in Tokenized Assets

For years, Ripple has been positioning XRP as a central asset for real-world asset settlement, cross-border transactions, and institutional finance. Citi and Boston Consulting Group project the tokenization of traditional assets, from Treasuries to real estate, to reach $16 trillion by 2030.

At such valuation, the role of bridge assets like XRP becomes increasingly critical. A low unit price, as Aljarrah implies, would limit XRP’s scalability and capital efficiency in high-value, institutional-grade settlements.

For context, as the XRP Army often notes, XRP’s $174 billion market cap does not provide sufficient liquidity to handle transactions in the trillions. However, if the market cap rose, say, $59 trillion, it might.

At that massive scale, the implied unit price would align with $1,000 per XRP. As a result, proponents argue that the coin cannot remain low-priced if it is to play a meaningful role in global payments.

This echoes recent arguments from other XRP analysts, including Jake Claver, director of Digital Ascension Group, who predicts XRP could reach $1,500–$2,000 under certain global conditions.

Claver points to XRP’s potential role during financial crises, noting that institutions will require a liquid, neutral bridge asset. He argues that as legacy systems come under strain, XRP could emerge as the preferred solution for high-value settlements.

Stablecoin Backing and Expanding Treasury Markets

In May, U.S. Senator Bill Hagerty projected that firms issuing stablecoins could grow to be the largest holders of U.S. Treasuries by 2030. He sees them absorbing over $1 trillion in demand.

Meanwhile, Ripple has entered the stablecoin market with RLUSD, a dollar-backed token supported by U.S. Treasuries and cash equivalents. As of now, RLUSD has reached a market cap of $577 million in just eight months since its launch.

Earlier reports of Ripple’s $4–$5 billion bid to acquire USDC’s issuer Circle, though ultimately unsuccessful, highlight an intent to scale RLUSD into a major player, possibly rivaling USDT.

Should Ripple aggressively grow RLUSD, XRP could benefit further, as RLUSD runs on the XRP Ledger and uses XRP for transaction fees.

Combined with XRP serving as a bridge between tokenized stablecoins, real-world assets, and global currencies, XRP supporters believe a higher price is necessary to match the scale of liquidity required.

Enthusiasts often speculate that even if XRP were to handle just 1% of the multi-trillion-dollar volumes of financial giants like SWIFT, its price would need to rise substantially from the current ~$3 level.

Ripple’s acquisition of prime broker Hidden Road, which has connections to a U.S. settlement system handling $11 trillion in daily turnover, further fuels speculation and hope surrounding XRP’s price potential.