Crypto Bombshell: Developer Claims XRP Could Hit $20,000

Developer Chad Steingraber has laid out a theory that XRP could reach $20,000 per coin, a level roughly 10,000 times its price near $2 at the time of the article. His argument, first published in 2022 and recently resurfaced on X, rests on three conditions: growth in tokenized assets on the XRP Ledger, banks holding XRP as a reserve asset, and a shrinking supply on public markets. He says roughly 20 billion tokens remain in public hands, and that institutional lock-ups could cut circulation below 100 million. The article notes that XRP's ongoing SEC court case and competition from Ethereum and Solana present clear obstacles.