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A popular pundit has issued an ambitious forecast for Ripple-promoted XRP, predicting a potential double-digit price breakout that he believes could eventually put the payments-focused token in contention with Ether in the crypto market rankings. Here is why.
The Bullish Case Behind XRP’s Potential Run to $17
In a recent post on X, market strategist Celal Kucuker argued that XRP is displaying an exceptionally strong chart structure, suggesting that a massive breakout may be underway.
He further claimed that, if the bullish scenario unfolds as anticipated, XRP could eventually usurp Ethereum in market capitalization rankings.
Kucuker encouraged followers to save the post and revisit it later, expressing confidence in his outlook by stating that “time will make everything clear.”
XRP continues to trade beneath the long-standing $1.50 resistance level, a zone that has repeatedly rejected bullish momentum since February. At press time, XRP is changing hands at around $1.43, down 2.6% over the past 24 hours but still up roughly 2.8% on the week. The asset’s market capitalization now stands near $88.5 billion.
 
For XRP to rise from $1.43 to $17, it would need to gain an eye-popping 1,089%. At that price, XRP’s market capitalization would rocket to roughly $1.05 trillion based on its current circulating supply. Notably, such a valuation would place XRP well above Ethereum’s (ETH) current market capitalization, which currently hovers around $267 billion.
XRP Whales Show Growing Confidence as Accumulation Intensifies
From a fundamental standpoint, XRP whales appear to remain highly confident in the asset’s breakout potential, with large holders seemingly using the recent consolidation phase as an opportunity to steadily accumulate additional tokens.
According to Santiment data, wallets holding at least 10 million XRP now collectively control about 45.83 billion tokens, valued at roughly $68.5 billion. This represents the highest level of whale-held supply since May 2018, highlighting a significant concentration of holdings among large investors.
These wallets now represent more than 68.5% of XRP’s circulating supply, highlighting a rising concentration of holdings among large investors and underscoring their increasing influence across the ecosystem.
Meanwhile, attention is shifting toward the Senate Banking Committee’s May 14 markup of the much-anticipated CLARITY Act, which many market commentators see as a potential catalyst that could amplify XRP’s classification as a commodity and spark heightened price volatility in the near term.