A recent analysis suggests that XRP's price could soar to $420.18 if all XRP ETFs absorb 11 million XRP daily for a year. The Canary Capital XRP ETF (XRPC) alone absorbed over 108.7 million XRP on its first day. Game designer Chad Steingraber's model indicates that 12 ETFs could remove 31.68 billion XRP from circulation annually. Grok AI's stock-to-flow model projects a potential market cap of $11.9 trillion by the 12th month. However, these projections are based on assumptions of 12 active ETFs and consistent inflows, which may not be realistic.
XRP Price Could Skyrocket to $420 if ETFs Absorb 11M XRP Daily
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