A fresh debate has emerged in the crypto community about the prospect of XRP reaching $1,000 amid popular calls for Bitcoin to hit $1 million.
While the outlook of Bitcoin trading above $1 million has gained widespread acceptance, the idea of XRP reaching $1,000 has been met with great skepticism. Meanwhile, XRP proponents are not backing down from their outlook.
$1,000 XRP Means a $59 Trillion Market Cap
Notably, the discussion began when Quinten Francois, host of Coin Compass, ridiculed the idea of XRP ever hitting $1,000. He pointed to the token’s supply of over 59 billion, noting that such a price would mean $59 trillion market for XRP.
He stressed that this resulting market cap would be more than twice the U.S. GDP and over half of the global stock market value.
Despite this significant technical limitation, Francois highlighted that some people genuinely believe XRP will reach $1,000. “This is the level of IQ we’re up against,” he tweeted.
His comments sparked strong reactions from across the crypto space. Many other industry commentators sided with him, highlighting other popular inflated price expectations among the XRP Army, such as the $10,000 price target. Meanwhile, XRP supporters saw the dismissal as narrow-minded.
Why Can’t XRP Cap Be Twice the US GDP?
Dom Kwok, co-founder of the platform EasyA, challenged the notion that trillion-dollar valuations are off the table. “Why can it [XRP’s market cap] be twice the U.S. GDP or more than half the global stock market?” Kwok asked.
In his view, rejecting these possibilities isn’t grounded in logic but in a lack of imagination. He cautioned that taking such a narrow view could ultimately seem short-sighted in retrospect.
Why can it not be twice the US GDP / more than half the global stock market?
You might think you’re using “logic” but in fact, you’re just not thinking big enough.
I’d refrain from calling people smarter than you low IQ. Personally I don’t care, but it will make you look…
— Dom | EasyA (@dom_kwok) July 31, 2025
Other XRP proponents agree with Kwok’s view, arguing that XRP may someday surpass the barriers currently seen as limitations.
If Bitcoin Can Reach $1 Million, XRP Can Reach $1,000
Meanwhile, crypto researcher Anderson contributed to the conversation by comparing XRP’s potential to that of Bitcoin. He pointed out that if Bitcoin is considered capable of hitting $1 million, then a $1,000 price target for XRP shouldn’t be dismissed.
Currently, Bitcoin trades around $115,500 with a market cap of approximately $2.3 trillion. XRP is exchanging hands at $2.94 with a $174 billion market cap, ranking third globally.
Anderson’s point is that if market sentiment and adoption can carry Bitcoin that far, there’s no reason XRP can’t follow a similar path.
Meanwhile, Bitcoin only needs to expand 10X from its current price to hit $1 million. This would bring its market cap near $21 trillion, still below the valuation of gold, the most valuable asset globally, with a $22 trillion cap.
On the other hand, XRP needs to grow by over 33,200% from its present level to hit $1,000, resulting in a market cap of $59 trillion that would exceed the combined valuation of gold, Bitcoin, Apple, NVIDIA, and Microsoft.
This makes critics dismiss the projection as unrealistic, as such a price would put XRP ahead of other globally valuable assets.
Notably, some industry leaders who have forecasted XRP’s $1,000 price target have set timelines ranging from 2026 to 2035. Around this same time, many believe Bitcoin would hit $1 million.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
Source: https://thecryptobasic.com/2025/08/01/researcher-says-xrp-can-reach-1000-if-bitcoin-can-reach-1-million/?utm_source=rss&utm_medium=rss&utm_campaign=researcher-says-xrp-can-reach-1000-if-bitcoin-can-reach-1-million