XRP News Today: XRP Price Could Surge 1000% in 24 Months, Say Analysts

Market experts have recently analyzed the potential for XRP to make investors millionaires within the next 24 months. According to analysts Abdullah “Abs” Nassif and Johnny, the path to becoming an XRP millionaire is more achievable than many investors might think. Their analysis, which has gained traction in the crypto community, focuses on several key developments that could significantly impact the XRP price.

Nassif highlighted several bullish factors, including Ripple CEO Brad Garlinghouse’s upcoming appearance before the Senate Banking Committee and the House’s plans to review the Crypto Clarity Act. These events could send strong signals to institutional investors, encouraging them to enter the market. Additionally, Nassif noted the growing interest from Wall Street and global banks, which could trigger a market shift that pushes the Ripple price much higher than expected.

Nassif also provided context using the XRP Rich List. Currently, holding 2,500 XRP places an investor in the top 10% of wallets worldwide, while breaking into the top 1% requires 51,300 XRP. He believes that many people underestimate the ease of reaching these levels. Nassif suggested that XRP doesn’t need to do anything extraordinary; it just needs to follow a path similar to Bitcoin’s growth over the past decade. If this happens, XRP price targets of $10, $20, or even $50 are not out of the question.

Johnny further broke down the XRP price journey into two phases: the speculative phase, triggered by regulation, and the utility phase, driven by real-world adoption and use cases. Based on these assumptions, Johnny laid out three scenarios. In the first scenario, XRP reaches between $10 and $12 in the next 12 to 24 months, requiring about 100,000 XRP to reach $1 million, which would cost around $232,000 today. In a more bullish scenario, XRP climbs to $54, making 18,000 XRP enough to hit seven figures, currently costing about $41,760. The most likely outcome, according to Johnny, is an XRP price target of $25 in the next couple of years, where 40,000 XRP would be worth $1 million.

Nassif offered perspective on how quickly things can change in the crypto market. In November last year, 2,500 XRP was worth just $500. Today, that same amount is over $5,000, a 10x move in less than a year. He warned that the window to build a large position in XRP is closing quickly, as big companies are already preparing to enter the market, potentially pricing out regular investors. Nassif estimated that to join the top 1% of XRP wallets today, you’d need to invest around $100,000. If XRP reaches $50, that same investment could be worth $5 million.

Nassif also explained why he believes Ripple has a better return outlook than Bitcoin. Bitcoin would need to add $2 trillion in new market cap just to double from here, while XRP only needs $130 billion to do the same. This is why Nassif says holding 25,000 XRP could be enough to reach millionaire status in the near future.

Both Nassif and Johnny agree that the next 12 to 24 months could be critical for XRP. With regulation on the horizon and financial giants eyeing the space, the Ripple price could be on the verge of a major shift. They urged viewers to act before the momentum begins, as the current prices may not last long. Once utility kicks in, XRP could move much faster than most expect. This view is supported by other analysts who stress the long-term potential of Ripple and XRP in a regulated environment. For anyone considering a serious XRP investment, the analysts suggest doing it sooner rather than later, as the price range for potential millionaires may still be within reach, but maybe not for long.