- Analysts say reaching $1M may require 100K XRP at $10–$12, 40K at $25, or just 18K if XRP hits a high of $54.
- Wallet data shows 2,500 XRP ranks in the global top 10%, with analysts warning accumulation could soon become harder.
- Ripple’s legal win and Senate testimony suggest rising institutional interest and a new phase of XRP market maturity.
The question of how much XRP an investor needs to become a millionaire in the coming 12 to 24 months was a point of discussion in a recent episode of The Good Evening Crypto show. Market analysts Abdullah “Abs” Nassif and Johnny examined current XRP trends, regulatory momentum, and wallet data to assess the potential returns.
Their discussion came at a time when Ripple CEO Brad Garlinghouse is testifying before the U.S. Senate Banking Committee, calling attention to XRP’s growing institutional relevance. His speech, titled “From Wall Street to Web3: Building Tomorrow’s Digital Asset Markets,” emphasized the need for clear crypto legislation. With XRP’s legal status resolved and regulatory clarity approaching, analysts argue the asset could soon experience a major revaluation.
XRP Holdings Needed to Reach the Million-Dollar Mark
According to Johnny, the path to millionaire status with XRP involves both speculative growth and later, utility-driven expansion. He outlined three scenarios based on projected XRP price targets.
If XRP reaches $10 to $12, a wallet would need 100,000 tokens to cross the $1 million mark. A more optimistic projection sees XRP hitting $54, meaning 18,000 XRP would be needed. In a middle-ground case, a $25 price would require holding 40,000 XRP to approach $1 million.
Currently, 18,000 XRP costs about $41,760, while 100,000 costs around $232,000. These figures help investors estimate the capital required under different growth conditions. However, Johnny noted that crypto regulation, particularly the proposed Crypto Clarity Act, could act as the trigger for speculative demand.
Rising Interest from Wall Street and Wallet Data Trends
During the discussion, Nassif noted growing interest from Wall Street and major banks, calling it a shift that could accelerate XRP adoption. He pointed to recent wallet data from the XRP Rich List.
Holding 2,500 XRP now ranks in the top 10% of wallets globally. Reaching the top 1% currently requires about 51,300 XRP. Nassif added that investors often underestimate how quickly wallet rankings shift.
In November last year, 2,500 XRP was valued at $500. That same amount now costs over $5,000. He warned that building significant positions may soon become more difficult as institutions start accumulating XRP.
Senate Testimony, SEC Lawsuit Outcome, and Ripple’s Next Steps
The broader context of this XRP conversation includes Ripple’s latest regulatory milestones. Today, Garlinghouse will address U.S. senators, urging Congress to pass crypto legislation. He earlier stated that Ripple operates under more than 60 regulatory licenses globally and collaborates with policymakers.
Garlinghouse also referenced Ripple’s legal victory against the SEC, confirming that XRP is not a security. This outcome removed a key barrier that previously hindered institutional participation. Additionally, Ripple’s recent filing for a U.S. banking charter and a master account with the Federal Reserve indicated its deeper move into mainstream finance.
Analysts Outline Clear Targets as XRP Enters New Phase
Overall, experts suggest that owning between 18,000 and 100,000 XRP could be necessary to reach the millionaire levels in two years. This range depends on whether XRP’s value reaches $10, $25, or a higher target like $54. With clear legal backing, regulatory support, and increasing institutional interest, XRP appears to be entering a key stage of its development.
