Can 20,000 XRP Change Your Financial Future if XRP Price Rallies Like 2017?

The price of XRP is one of the biggest sensations in the altcoin world this year, primarily due to a sustained rally. The coin is changing hands for $3.277, atop a marginal growth of 0.16%. Just about three months ago, the price of XRP traded flat, around $0.3522. From that price to date, it has skyrocketed by 503%.

Many traders with an XRP portfolio are currently “in the money.” However, analysts are optimistic that XRP may retest its 2017 growth rally, in which case, even a 20,000 XRP holding may change someone’s financial future.

Is XRP’s 3 Months Rally Enough for Retirement?

A 20,000 XRP bought three months ago would have cost approximately $7,084 based on the $0.3522 price floor. Today, that same 20,000 XRP holding would be worth $65,540 at the current price level.

Recent data from the U.S. Census Bureau’s American Community Survey shows the average retirement income per household in the US is slightly less than $28,000. Notably, this figure varies according to different metrics. Drawing on this, an XRP trader who invested 20,000 XRP three months ago might be better than the average American per retirement pot savings.

However, when adjusted for inflation, these funds might not be enough to change anyone’s financial future. Many wonder if buying XRP today can change one’s financial future if the historic trend from 2017 plays out.

The XRP 2017 Price Rally and Projection

According to market Strategist Bobby A, XRP appears to be cutting its percentage point increases by half compared to 2017. The analyst shared data showing XRP’s range-high breakout in 2017, when the coin jumped by 629%.

XRP appears to be cutting its percentage point increases in half compared to its 2017 market cycle.

From its range-high breakout in 2017, as illustrated by the horizontal black dashed line above, XRP initially appreciated by 629%. From its range-high breakout in 2024, XRP has… pic.twitter.com/Cz7guxjFus

— Bobby A (@Bobby_1111888) January 1, 2025

From that point, the coin recorded a series of bullish breakouts with a focal point around its 4.236 extension in the charts shared. With its impressive growth cycles at the time, XRP soared by 1,330%. With the XRP price going parabolic lately, there are speculations on whether it could hit a $5 target.

To Bobby A, the coin can even aim to soar high to $15 if it could pull a similar 665% increase. In this scenario, 20,000 XRP units may make a financial difference to an investor. Today, this exact amount will cost $65,540. However, should it repeat the 2017 trend and soar to $15, it would be worth $300,000.

This sum, adjusted for cost price, could make a difference for an average investor.

The Key Catalysts to Watch

Considering its enormous supply, growing from its current price level to 15 dollars is not a small feat. However, Ripple Labs is boosting the role of XRP within its ecosystem through new product offerings.

One such product is the RLUSD stablecoin, an asset pegged 1:1 to the U.S. dollar. With the stablecoin, the firm hopes to drive intense payment liquidity, which will indirectly impact XRP trading.

Ripple Labs is also working on enhancing the XRP Ledger (XRPL). From upgrades and liquidity pools to Real World Asset Tokenization (RWA), the firm hopes to add more use cases that can fuel XRP’s appeal in the market.

Also, the clamor for an XRP ETF product is growing, a product that will open the coin to institutional investors. Beyond all this, there is speculation that XRP could feature in a new altcoin national reserve alongside Solana in the United States. If actualized, this could impact the price of the coin.