At $1,000, Median Funded XRP Account Would Hold XRP Worth $16,000 to $20,000

XRP Olesya estimates that a hypothetical $1,000 XRP price would put the median funded account’s balance at $16,000 to $20,000, with 700,000 to 850,000 people reaching millionaire status in a best-case scenario.

The calculation uses 8.3 million funded accounts and puts the median holding at 16 to 20 XRP. Her estimates put the top 10% balance at about 2,000 XRP, or $2 million at the hypothetical price, and the top 1% at about 43,300 XRP, or $43.3 million.

She estimated that 1.18 million accounts held at least 1,000 XRP, a minimum balance worth $1 million at a hypothetical price of $1,000 per token. Her best-case projection puts 700,000 to 850,000 unique people at millionaire status and 500,000 to 600,000 at multi-millionaire status. She compared the millionaire estimate with about 58 million millionaires worldwide.

Account totals do not establish how many individuals own XRP because one person may control multiple accounts. The account-versus-owner caveat also applies to an earlier XRP Ledger account snapshot.