Expert Predicts XRP Could Reach $1 Million Per Coin
A forecast by investor Pumpius suggests that XRP could reach $1 million per coin, significantly up from its current price of approximately $2. This prediction hinges on XRP becoming a primary bridge asset in a tokenized global economy potentially valued at $1 quadrillion.
Tokenization Developments
- Ripple is advancing real-world asset tokenization, including a government-backed real estate pilot in Colombia.
- Significant network upgrades and a $100 million commitment to tokenizing carbon markets have been announced.
- Partnerships with regulated companies are in place to support these initiatives.
XRP as a Bridge Asset
- Boston Consulting Group and Citi predict $16 trillion in real-world assets may be tokenized by 2030.
- Pumpius believes this could grow by incorporating $300 trillion in global real estate, $100 trillion in stocks, and over $100 trillion in bonds, alongside currencies and commodities.
- XRP’s quick settlement times and built-in decentralized exchange position it well for high-volume transactions.
The XRP Ledger supports features conducive to automated market making and multi-asset transfers. With a total supply of 100 billion XRP—most of which is locked or burned—scarcity could drive prices higher if demand increases.
Challenges Ahead
- Regulatory clarity remains uncertain across many jurisdictions.
- Competing blockchains are also pursuing tokenization.
- Traditional financial institutions may be slow to adopt on-chain solutions for trillions of dollars.
- XRP would only need to manage a fraction of the settlement flows in a $1 quadrillion token economy for significant price increase.
Market skepticism exists, but Pumpius argues that even capturing a small share of daily flows could lead to the predicted price surge. Historical precedents show that radical price targets can sometimes be realized.