Will XRP Hit $1,000? Expert Predictions & Outlook

The recent surge in XRP's price has made many crypto investors wonder when XRP will hit $1000. The nearing settlement in the SEC case, approval of XRP ETFs, and mainstream adoption by banks are some events investors believe will spark the XRP price pump.

Will these events be enough to boost the current $2.3 price of XRP to a level of $1000? Among other things, we will look at what can cause XRP to fall, how high it can go, which institutions use XRP, and the future of XRP following the SEC case.

What is XRP?

XRP was launched in 2012 by Ripple Labs after raising over $290.5 million in cryptocurrency ICO funding. XRP caught the attention of the finance world because it was specifically designed to make cross-border payments faster and cheaper. 

The XRP Ledger (XRPL), the network behind XRP, was made to meet the demands of finance applications and businesses on a large scale. Thanks to this, XRP and the XRPL have found their biggest use in financial institutions and central banks across the world.

XRP is mainly used as a bridge currency facilitating transactions between two networks. It's easy and cheap to convert between different types of fiat or cryptocurrency when using XRP. It gets rid of the requirement for banks to store money in various currencies before they send or receive it.

Why Is the Price of XRP Going Up?

In the last year, the price of XRP has gone up by more than 360%. Between May 2024 and early January 2025, the price of an XRP coin went from under $0.5 to $3.3. However, in May 2025, the XRP price trades around $2.3.

XRP Price Chart. Source: TradingView

The recent price increase can be attributed to a number of positive events. The rise in Ripple's price can largely be attributed to Judge Torres's favorable rulings in the SEC case. XRP was ruled as not a security, forcing the SEC to withdraw the XRP lawsuit.

Another event that has fueled the XRP price increase has been the bullish crypto market. In the last year, the crypto market has been on the rise, with XRP being a top beneficiary. 

The Trump administration has also caused more positivity towards XRP and other digital currencies. Nine companies have filed for XRP ETF products in the United States. These are the events fueling the XRP price increase.

Can XRP Reach $1000?

The price of XRP rising to $1,000 is not impossible but very unlikely, at least in the next few years. Let's look at what it means for XRP to reach $1000. At the current XRP price of $2.3, the project has a market cap of over $140 billion.

To rise to a price of $1000, the XRP price will need to increase by 416.67x or a 41,566.7% increase. People often claim that it is essentially the same as XRP's impressive price rise of 35,334% in 2017. But this time it is. The difference is its market cap.

Should XRP's price rise to $1000, its market cap will be worth over $58.3 trillion. To put this into perspective, the global crypto market comprising 18,000+ crypto assets is worth $3.3 trillion. $58.3 trillion more than double the U.S. GDP and over half the total value of the global stock market.

So, does XRP have the potential to reach $1000? Yes, it does. Even so, it might be a long while until this is possible. For it to happen, XRP will also need to gain true mainstream adoption.

How Much Can XRP Reach?

Predicting the future price of any cryptocurrency, such as XRP, requires making predictions based on numerous things and is very speculative. Due to its ability to revolutionize payments on a global scale, XRP is one cryptocurrency that might see a sharp price rise.

Based on this and what experts have said, we have three predictions on how high the XRP price can go.

• Short Term (2025): $3-$5 is a reasonable price target for XRP in the short term. It also represents an opportunity for XRP to reach a new all-time high.
• Mid-Term (2026- Early 2027): If XRP ETFs are approved and its adoption increases, XRP can reach a price of $10-$20 in this timeframe.
• Long-Term (2030): If XRP captures a significant share of the global remittance and payments market, its price could go as high as $100. As we go through the following sections, we will talk about what should push the price of XRP to $100.

What Could Drive XRP Down?

XRP certainly has great potential catalyst for price appreciation. It's not uncommon for the price of an altcoin to decrease in the cryptocurrency world. There are some events that can push the altcoin price down. These events include:

1. The SEC Case: This has been one of the biggest factors affecting the price of XRP in the last three years. If the lawsuit with the SEC doesn't have a positive outcome and Ripple ends up paying a lot in settlement, the XRP price might go down a significant amount. However, given how the case has trended recently, this is highly unlikely.
2. Negative Market Sentiment: This is one of the more likely events that will cause the price of XRP to go down. If the crypto market enters a bearish season, the price of XRP will go down with the rest of the market. 
3. Network Vulnerabilities: The biggest event that could cause XRP to go down is a network vulnerability. We can see in history that when networks face hacks, the price of the cryptocurrency often drops significantly. It is important to mention that, so far, XRP has not given any indication that it could happen.

So, these are likely events that could cause the XRP price to go down.

Will XRP Be The Next Bitcoin?

With the recent performance, there has been a lot of talk about XRP. Popular crypto market commentator, Dave Portnoy, has said that XRP is the next Bitcoin.

He called XRP the next Bitcoin, not because they are fundamentally similar, but because of its recent hype. Bitcoin was built to be a great store of value, while XRP aims to redefine how transactions are performed across the world.

So, while they are technically different, many experts believe XRP could reach the value and adoption level of Bitcoin. Many believe XRP can be the next Bitcoin because of the potential impact it could have on the global finance industry. All these could happen after the settlement with the SEC.

What Institutions Support XRP?

There is a long list of financial institutions that support Ripple. Many of these institutions use Ripple and XRP for faster and cheaper cross-border payments. A list of these institutions includes:

• SBI Holding: Invested about $10 billion in XRP and Ripple Labs.
• Santander: Uses RippleNet for cross-border payments, and XRP is being explored for liquidity.
• Bank of Japan: Uses XRP in its financial systems.
• FOMO Pay: Uses XRP for faster and more affordable settlements in various currencies.
• MoneyGram: Uses XRP for cross-border payments.
• Frankenmuth Credit Union: Integrated XRP into its crypto portal.

Brad Garlinghouse, Ripple's CEO, has said that over one hundred banks have teamed up to offer payments made with XRP across the globe. The Crypto Times has also reported that 80% of Japanese banks are poised to support XRP for faster transactions in 2025.

Bitwise, Canary Capital, 21Shares, CoinShares, and WisdomTree have filed for XRP ETFs. Reports also suggest that BlackRock is considering filing for its own XRP ETF.

How Does XRP Compare to Other Cryptocurrencies?

The main focus of XRP stands out from other cryptocurrencies. By focusing on facilitating fast, low-cost global payments for financial institutions, XRP has become one of the biggest cryptocurrencies today. 

Per CoinMarketCap, XRP holds the position as the fourth biggest cryptocurrency with a market cap of more than $137 billion. Transacting with XRP is cheaper and faster than many of the most popular cryptocurrencies, including Bitcoin and Ethereum. 

XRP also has a more scalable and environmentally friendlier blockchain. In addition, it has gained more mainstream adoption than other cryptocurrencies, with the exceptions being Bitcoin, Ethereum, and some top stablecoins.

What's Next for XRP Post-SEC Case?

On May 15, Judge Analisa Torres rejected a request from Ripple Labs and the SEC to modify a previous ruling. Ripple's plans to reduce its $125 million SEC penalty have been put on hold because of the rejection. Though the wait continues, it seems that the SEC's case against Ripple and XRP will soon be over.

When the case is settled, institutions are expected to get involved with XRP. The launch of an XRP ETF is one step that many experts believe will kickstart the trend. So far, nine top asset managers, including BlackRock, Bitwise, ProShares, and 21Shares, have already filed with the SEC to launch XRP ETFs.

Ripple is also certain XRP will be added to the U.S. crypto reserve stockpile, a priority under President Donald Trump's executive order. In addition, Ripple Labs has announced that it could launch an initial public offering (IPO) soon. 

These are all bullish events expected to trigger an upswing for the XRP coin. Predictions from top analysts in the crypto industry suggest that any of these events happening could cause the XRP price to shoot up as high as $10. Amonyx and STEPH IS CRYPTO are some market analysts who have given XRP price predictions that the coin could cross $100.

The biggest event that could push XRP as high as $100 is finding its use in banks. Ripple's CEO explained that over one hundred banks have teamed up to offer payments made with XRP across the globe. 

Does The Trump Administration Support XRP?

Although the President Trump administration hasn't officially endorsed XRP, its actions this year suggest support for the currency. The United States has seen the current Trump administration make it clear that it wants to create a better environment for cryptocurrency businesses.

XRP stands out due to Trump's preference for U.S.-founded digital currencies. In an Executive Order issued in March 2025, President Trump listed XRP as one of the crypto assets that he wants to include in a suggested U.S. "Crypto Strategic Reserves" and "Digital Asset Stockpiles." 

Another SEC document highlighted how XRP could help the United States government unlock trillions. The document also includes the potential for banks to use XRP immediately for Nostro replacement.

As a result of this endorsement, investors are feeling more positive about XRP. In addition, Ripple's President Monica Long, noted during discussions that there is growing potential for XRP ETFs.

In Conclusion

XRP has one of the biggest potentials in the crypto market. However, a price of $1000 is hard to imagine in the near future because of the implications it will have on its market cap. Nevertheless, XRP can potentially reach $100 if it gains mainstream adoption by banks and financial institutions. If you have been wondering when is XRP going to take off, the answer is most likely after the SEC settlement.

FAQs

Can XRP Reach $1000?

Even though it is possible (but extremely unlikely), the value of XRP will probably not surpass $1000 in the short term due to its market cap. XRP at $1000 means a valuation of over $58 trillion.

What is the Highest XRP Could Go?

Even though we can't precisely state the highest price a crypto might reach, we think that XRP could reach $100. If banks begin using XRP on a wide scale, we believe the price of XRP can potentially reach $100 by 2030.

Does XRP Have a Future?

Banks are already planning to use XRP when there is regulatory clarity about the asset. This suggests that XRP is one cryptocurrency that can grow in the future.

Is XRP a Good Investment?

Over the years, XRP has been one of the best investments in the crypto market. Since it is technically superior and may be adopted by banks, XRP looks to be a good investment in the long run.