XRP Millionaire Threshold: How Much Would You Need by 2028?

A recent video by Good Evening Crypto explored how much XRP an investor would need to hold in order to reach a $1 million portfolio by 2028. The creator used XRP's rich list, wallet distribution, and several potential price levels to calculate the holdings required at different valuations.

The video compared XRP's long period below its previous all-time high with Tesla's historical price performance, noting that Tesla spent several years below its previous high before climbing from $19 to over $430 in just two years. Good Evening Crypto suggested that a similar move could occur if XRP breaks above $3.65.

The video also examined XRP wallet balances and the amounts required to reach different positions on the rich list, finding that approximately 2,094 XRP puts a wallet in the top 10%, while about 7,300 XRP reaches the top 5%. To reach the top 1% or higher, investors would need significantly more XRP.

Using several XRP prices to calculate the tokens required for a $1 million portfolio, Good Evening Crypto found that at $1.56, an investor would need around 660,000 XRP, while at $3, they would require about 300,000 XRP. At higher prices, such as $8 or $50, the amount of XRP needed drops significantly.

Good Evening Crypto also estimated that about $3 billion worth of XRP currently sits in liquid exchange balances and suggested that demand from tokenized assets, ETFs, and potential XRP Ledger use cases could affect available exchange liquidity.