Bold Prediction: XRP Holders On The Path To Millionaire Status—Analyst

A market expert has boldly proclaimed that all XRP holders might ultimately become millionaires.

Based on a historical study of XRP’s price movement in 2017, this assertion makes the implication that the altcoin is set for a similar bull run. For many XRP community members, crypto analyst Steph’s viewpoint offers a ray of hope despite current turbulence.

This positive view is challenged, though, by current market dynamics—including the asset’s recent 22% weekly decline.

XRP: Historical Parallels With 2017 Surge

Steph’s optimistic predictions are largely based on the performance of XRP during the 2017-2018 bull run. In that period, the altcoin saw a meteoric rise, increasing by 802% from March to May 2017.

This surge followed a relatively quiet period, with the coin initially lagging behind other cryptocurrencies. XRP has once more exhibited remarkable increase fast forward to 2024, rising by nearly 570% from November 2024 to a top of $3.4 in January 2025.

All #XRP holders will become millionaires.

No exceptions. pic.twitter.com/zoLebdj8um

— STEPH IS CRYPTO (@Steph_iscrypto) February 5, 2025

If history is any indication, Steph thinks the altcoin is only halfway toward its expected ascent. According to the analyst’s examination, a second ascent might drive the asset considerably higher, maybe reflecting the price movement registered in 2017.

The Road To $50,000 Per Token

Many XRP holders wonder if such a rally will turn them into millionaires. The study indicates that, although still rather hypothetical, there is a big possibility. For instance, the price per token would have to be $50,000 if one wanted a 20 XRP ownership to be worth $1 million.

In the same vein, a 500 XRP-holder would need the price to reach $2,000 to make their holdings worth $1 million. Although these figures are staggering, they show the significant influence a large surge could have on portfolios of holders. However, whether such price levels are realistic is still uncertain.

Not every researcher shares Steph’s hope. Examining XRP’s present price movement closely reveals some variations from the 2017 trend. XRP dropped significantly from its January high of $3.4, lately falling below $3.

$XRP

In my opinion, 2017 is now irrelevant

I see many trying to pinpoint comparison to 2017 still, I think it’s a waste of time

The fractal has broken. We are in a new era and game now…

Sometime the rear view helps, but not anymore IMO pic.twitter.com/03ePoONaNV

— Dom (@traderview2) February 4, 2025

Analyst Dom has claimed that XRP might not go the same route as it did in 2017, suggesting a fractured fractal. Should this be the case, the cryptocurrency may be on a fresh path where future expansion is not correlated with historical price trends.

In spite of these anomalies, XRP has a long-term bright future. Recent price swings of the asset are considered as normal ebb and flow of the market. Correction times are expected, as with any high-growth asset.

At $2.44 right now, XRP dropped almost 4% over the past 24 hours. Still, experts remain optimistic since the asset has great room for expansion.

Featured image from Pexels, chart from TradingView