Here’s What 5,000 XRP Could Be Worth if XRP Reached the Value of U.S. M1 Money Supply

Many analysts believe XRP could one day command a valuation far beyond its current price, especially if its role in global payments continues to strengthen.

Among the bold scenarios often discussed is what would happen if XRP’s market value expanded to match one of the largest monetary measurements in the world—the United States’ M1 money supply. Recent analysis explored this possibility, revealing just how high XRP could theoretically climb.

How High XRP Could Rise if It Equaled the U.S. M1 Money Supply

The U.S. M1 money supply, which covers physical cash, checking deposits, and other highly liquid assets, stood at $18.4559 trillion in January 2025, according to CEIC Data. This represents the most spendable portion of the U.S. financial system and reflects massive capital flow.

Meanwhile, XRP currently trades at $1.91, with a circulating supply of 60 billion XRP and a total supply just under 100 billion. Its market cap at this price level sits around $115 billion.

To understand the upside potential, imagine XRP rising until its market cap equals the entire $18.4559 trillion M1 money supply. Two valuation paths emerge:

Using XRP’s Full Supply

If the M1 value equals the fully diluted market cap (using a total supply of 99.98 billion XRP), the price per XRP would be $184. Interestingly, in this scenario, someone holding 5,000 XRP, which costs approximately $10,000 today, would see their portfolio rise to $920,000.

Notably, 593,297 XRP wallets hold 1,000 to 5,000 XRP, and 176,631 addresses hold 5,000 to 10,000 tokens. Essentially, this scenario paints a promising outlook in which these retail investors could almost become millionaires.

Using XRP’s Circulating Supply

An even more optimistic scenario emerges when considering the current 60 billion circulating XRP. If XRP’s circulating market valuation reached the M1 value of $18.4559 trillion, the price per XRP would rise to $307.

Here, 5,000 XRP would be worth $1.53 million. Compared to today’s value, this represents a staggering potential upside of 15,889%.

These figures illustrate how dramatically XRP’s value could expand if it captured liquidity on the scale of M1.

Can XRP Realistically Reach $184 or $307?

Analysts at Changelly hold an extremely bullish view, projecting that XRP could reach $184 before January 2040 and climb toward $307 by February 2040.

On the other hand, Telegaon expects a more moderate trajectory, placing XRP’s 2050 peak at around $128. Telegaon does not provide price predictions beyond this year, suggesting it does not believe XRP can reach $300 even over three decades.

Even with these contrasting opinions, the long-range predictions highlight that analysts still see room for major upside, even if timelines differ.

In the theoretical M1 money-supply scenario, a 5,000-XRP portfolio could be worth between $920,000 and $1.53 million, depending on whether the valuation uses the total supply or the circulating supply.