TLDR
- John Squire stated that XRP holders should not celebrate until the price reaches $1000.
- XRP is currently trading around $3.13 after recently peaking at $3.32 during market volatility.
- A $1000 XRP price would result in a market capitalization of approximately $59.3 trillion.
- Such a rise would require unprecedented capital inflows and large-scale adoption in global payments.
- Regulatory clarity and institutional participation are seen as essential for long-term growth.
A prominent market voice has urged restraint in the XRP community. John Squire posted on X, “Don’t celebrate anything until $XRP hits $1000.” His comment has sparked widespread discussion among traders and long-term holders alike.
XRP’s Current Position and Market Gap
XRP price is currently trading near $3.13 after briefly touching $3.32 during recent volatility. The digital asset holds a circulating supply of approximately 59.3 billion tokens. Its current market capitalization stands in the low hundreds of billions.
Analysts calculate that a $1,000 price per XRP would equate to roughly $59.3 trillion in market capitalization. This represents an increase of more than 31,800% from its present valuation. Such growth would surpass the total combined market value of all cryptocurrencies today.
Squire’s statement underscores the scale of change needed for XRP to reach such levels. He appears focused on the long-term potential rather than short-term gains. Market participants acknowledge that this target is far beyond current conditions.
Don’t celebrate anything until $XRP hits $1000.
We wouldn’t want anyone getting upset.— John Squire (@TheCryptoSquire) August 12, 2025
Adoption, Utility, and Capital Inflows
Achieving $1,000 per XRP would require unprecedented capital inflows and adoption. Industry experts point to the necessity of major institutional participation. Large-scale utility growth in global payments would also be critical.
Regulatory clarity remains a central factor influencing XRP’s future. Without supportive frameworks, large investors may remain hesitant to allocate significant capital. The asset’s long-term viability will depend on stable legal standing.
Squire’s benchmark seems designed to highlight the importance of measurable progress over market hype. His approach suggests that sustainable growth relies on real-world integration. This perspective aligns with views shared by several financial analysts.
Patience Over Price Spikes
The XRP market has seen enthusiasm rise and fall rapidly. Price surges often create excitement, but they rarely signal lasting change. Traders note that depth and liquidity remain limited compared to global markets.
For long-term holders, the path to historic prices will likely involve steady, strategic adoption. This includes partnerships, payment network expansion, and increased cross-border usage. Such developments take years, not weeks.
The post XRP at $3.13, But One Pundit Says the Real Party Starts at $1000 appeared first on Blockonomi.
Source: https://blockonomi.com/xrp-at-3-13-but-one-pundit-says-the-real-party-starts-at-1000/