Game Designer Analyzes XRP Path to 913,000% Price Rally

A renewed debate is emerging in the XRP community around a long-standing and highly ambitious theory that the token could one day be valued at $20,000. The idea, first introduced in 2022 by game developer and XRP proponent Chad Steingraber, is gaining renewed attention as market conditions evolve and institutional interest in blockchain utility increases. Although XRP is currently trading around $2 , Steingraber maintains that a combination of institutional adoption, strategic asset utility, and supply restrictions could drive the asset’s value to unprecedented levels. It consists of three components: 1 – Assets built on the XRP Ledger (Stablecoins are the “utility”) 2 – XRP becomes a reserve asset to power the utility 3 – XRP is removed from public supply by institutions This is how IT WILL. https://t.co/d7ysY5euXc — Chad Steingraber (@ChadSteingraber) June 28, 2025 Foundation of the $20,000 Projection Chad Steingraber’s $20,000 price prediction is based on three main assumptions. He outlines a path where XRP transforms from a speculative asset into a core infrastructure component for global finance. According to him, this transformation hinges on three primary developments: Tokenized Asset Issuance on the XRP Ledger: Steingraber believes the adoption of the XRP Ledger by governments and institutions for issuing stablecoins and central bank digital currencies (CBDCs) will generate new demand for XRP. As the native token of the ledger, XRP would facilitate settlements involving these tokenized assets, thus increasing its utility. Use as a Reserve Asset: In this scenario, XRP would no longer function primarily as a tradable token. Instead, it would be held by financial institutions as a reserve asset , akin to how central banks hold gold. These reserves would support internal liquidity, enable seamless value transfer, and serve as backing for institution-specific digital assets. Absorption of Public Supply by Institutions: Steingraber suggests that over time, financial institutions will accumulate large amounts of XRP and remove them from public markets by locking them into private ledgers. This would reduce the circulating supply available for retail investors and could cause a significant price increase due to heightened scarcity. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 The Role of Public Markets and the Transition to Private Use Steingraber views the current retail-driven XRP market as temporary. He argues that major institutions are unlikely to rely on public trading platforms due to transparency and regulatory concerns. Instead, enterprise participants would shift to private networks and rely on specialized liquidity providers to settle large-scale transactions securely. This shift implies that public trading of XRP is a transitional phase, with a more utility-focused institutional use case on the horizon. Anticipated Supply Shock and Institutional Demand Surge Another critical element in Steingraber’s forecast is a potential supply crisis triggered by rapid institutional acquisition. He claims that only around 20 billion XRP tokens remain in circulation after accounting for lost, burned, or locked coins. He warns that once institutions begin acquiring XRP aggressively, the available supply could fall to under 100 million tokens. Such a sharp reduction in supply, if met with sudden institutional demand, could lead to rapid price acceleration. However, he asserts that this demand would be driven by utility and operational necessity, not speculation. Global Competition for XRP Steingraber broadens the outlook by suggesting that competition for XRP will not be limited to U.S.-based institutions. He anticipates demand from international banks, sovereign wealth funds, and private entities seeking to integrate XRP into their digital infrastructure. He envisions XRP becoming an essential component of the global financial system. While the theory presents a compelling vision for XRP’s future utility, it remains highly controversial. It does not fully address the competitive landscape, where other digital assets also offer institutional-grade utility. Furthermore, the proposed valuation depends on widespread adoption that has yet to materialize at scale. Nevertheless, the discussion continues to attract interest, especially among XRP supporters who see long-term potential in its unique ledger technology and use cases. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. The post Game Designer Analyzes XRP Path to 913,000% Price Rally appeared first on Times Tabloid .

Source: TimesTabloid